Q3 2025 · 13F-HR
Black Maple Capital Management LPholdings as filed
Filed 2025-11-14 · accession 0001214659-25-016615
$206.4M
Reported value
93
Positions
2025-09-30
Period end
The Brief · Black Maple Capital Management LP · Q3 2025
AI · grounded in 13F
Black Maple Capital Management LP established a new position in SPY valued at $84.46M. The fund also initiated new stakes in AR for $11.63M and PINNACLE FINL PARTNERS INC for $7.47M. Additional new positions include RSP at $6.84M and USB at $6.35M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $56.3M | 27.3% | 84,500 | PUT | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $28.2M | 13.6% | 42,283 | Common | SOLE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $11.6M | 5.64% | 346,666 | Common | SOLE |
| 72346Q104 | — | PINNACLE FINL PARTNERS INC | $7.5M | 3.62% | 79,637 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $6.8M | 3.31% | 36,050 | Common | SOLE |
| 902973304 | USB | US BANCORP DEL | $6.4M | 3.08% | 131,450 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $4.9M | 2.36% | 89,343 | Common | SOLE |
| 282559103 | ETNBGBP | 89BIO INC | $4.7M | 2.29% | 321,616 | Common | SOLE |
| 957638109 | WAL | WESTERN ALLIANCE BANCORP | $4.7M | 2.29% | 54,492 | Common | SOLE |
| 58844R108 | MBIN | MERCHANTS BANCORP IND | $4.1M | 1.99% | 129,097 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $3.7M | 1.80% | 34,941 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $3.6M | 1.72% | 10,000 | PUT | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $3.4M | 1.66% | 35,000 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $3.2M | 1.56% | 4,370 | Common | SOLE |
| 46434G822 | EWJ | ISHARES INC | $3.1M | 1.52% | 39,159 | Common | SOLE |
| 197236102 | COLB | COLUMBIA BKG SYS INC | $2.9M | 1.38% | 110,760 | Common | SOLE |
| 55087P104 | LYFT | LYFT INC | $2.8M | 1.37% | 128,500 | PUT | SOLE |
| 46435G334 | EWU | ISHARES TR | $2.1M | 1.04% | 51,210 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $2.1M | 1.03% | 12,700 | Common | SOLE |
| 78463X202 | FEZ | SPDR INDEX SHS FDS | $2.0M | 0.96% | 31,800 | Common | SOLE |
| 500767553 | KCCA | KRANESHARES TRUST | $1.8M | 0.87% | 105,517 | Common | SOLE |
| 828174102 | LIEN | CHICAGO ATLANTIC BDC INC | $1.6M | 0.80% | 156,596 | Common | SOLE |
| 05990K106 | BANC | BANC OF CALIFORNIA INC | $1.6M | 0.77% | 96,269 | Common | SOLE |
| 52634L108 | LNSR | LENSAR INC | $1.4M | 0.70% | 117,340 | Common | SOLE |
| G17977110 | BUR | BURFORD CAP LTD | $1.4M | 0.70% | 120,462 | Common | SOLE |
| 81369Y852 | XLC | SELECT SECTOR SPDR TR | $1.3M | 0.63% | 10,970 | Common | SOLE |
| 46429B598 | INDA | ISHARES TR | $1.2M | 0.58% | 23,000 | Common | SOLE |
| 664121100 | NECB | NORTHEAST CMNTY BANCORP INC | $1.1M | 0.55% | 55,147 | Common | SOLE |
| 87161C501 | SYU1 | SYNOVUS FINL CORP | $1.1M | 0.54% | 22,800 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $1.1M | 0.52% | 32,000 | Common | SOLE |
| 200340107 | CMA | COMERICA INC | $1.0M | 0.49% | 14,800 | Common | SOLE |
| 46429B309 | EIDO | ISHARES TR | $1.0M | 0.49% | 57,104 | Common | SOLE |
| 78464A755 | XME | SPDR SERIES TRUST | $978,495 | 0.47% | 10,500 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $974,200 | 0.47% | 4,000 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $972,400 | 0.47% | 4,000 | Common | SOLE |
| 464287440 | IEF | ISHARES TR | $964,600 | 0.47% | 10,000 | Common | SOLE |
| 31812F109 | FNWD | FINWARD BANCORP | $962,700 | 0.47% | 30,000 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $932,080 | 0.45% | 12,200 | PUT | SOLE |
| 446150104 | HBAN | HUNTINGTON BANCSHARES INC | $920,491 | 0.45% | 53,300 | Common | SOLE |
| 25862B109 | DDI | DOUBLEDOWN INTERACTIVE CO LT | $919,467 | 0.45% | 98,444 | Common | SOLE |
| 680277100 | OSBC | OLD SECOND BANCORP INC ILL | $907,462 | 0.44% | 52,500 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $905,850 | 0.44% | 27,000 | PUT | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $891,142 | 0.43% | 10,600 | Common | SOLE |
| 46435G334 | EWU | ISHARES TR | $856,188 | 0.41% | 20,400 | CALL | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $771,490 | 0.37% | 86,200 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S | $665,825 | 0.32% | 11,999 | Common | SOLE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $637,004 | 0.31% | 2,260 | Common | SOLE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF TR | $596,030 | 0.29% | 1,000 | Common | SOLE |
| 55087P104 | LYFT | LYFT INC | $573,118 | 0.28% | 26,039 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S | $554,900 | 0.27% | 10,000 | PUT | SOLE |
| 78464A698 | KRE | SPDR SERIES TRUST | $538,050 | 0.26% | 8,500 | Common | SOLE |
| 87165B103 | SYF | SYNCHRONY FINANCIAL | $532,875 | 0.26% | 7,500 | Common | SOLE |
| 46429B598 | INDA | ISHARES TR | $520,600 | 0.25% | 10,000 | CALL | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $518,692 | 0.25% | 3,100 | PUT | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $470,640 | 0.23% | 12,000 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $458,575 | 0.22% | 1,300 | Common | SOLE |
| 46436E841 | IBTH | ISHARES TR | $450,400 | 0.22% | 20,000 | Common | SOLE |
| 46436E833 | IBTI | ISHARES TR | $447,700 | 0.22% | 20,000 | Common | SOLE |
| 25525P107 | DHC | DIVERSIFIED HEALTHCARE TR | $433,503 | 0.21% | 98,300 | Common | SOLE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $425,310 | 0.21% | 3,000 | Common | SOLE |
| 464286764 | EWP | ISHARES INC | $396,000 | 0.19% | 8,000 | Common | SOLE |
| 709789101 | PEBO | PEOPLES BANCORP INC | $383,662 | 0.19% | 12,793 | Common | SOLE |
| 68828E809 | ODV | OSISKO DEVELOPMENT CORP | $382,053 | 0.19% | 112,700 | PUT | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $337,953 | 0.16% | 7,700 | Common | SOLE |
| 174903104 | CZWI | CITIZENS CMNTY BANCORP INC M | $327,458 | 0.16% | 20,377 | Common | SOLE |
| 36120Q101 | FVCB | FVCBANKCORP INC | $310,904 | 0.15% | 23,971 | Common | SOLE |
| 464288646 | IGSB | ISHARES TR | $265,150 | 0.13% | 5,000 | Common | SOLE |
| 00768Y453 | MSOS | ADVISORSHARES TR | $263,450 | 0.13% | 55,000 | Common | SOLE |
| 319383204 | BUSE | FIRST BUSEY CORP | $251,386 | 0.12% | 10,859 | Common | SOLE |
| 92189F791 | GDXJ | VANECK ETF TRUST | $247,575 | 0.12% | 2,500 | PUT | SOLE |
| 01446U103 | ALRS | ALERUS FINL CORP | $242,477 | 0.12% | 10,952 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $237,000 | 0.11% | 1,000 | Common | SOLE |
| 203937107 | CWBC | COMMUNITY WEST BANCSHARES NE | $225,176 | 0.11% | 10,805 | Common | SOLE |
| 46436E825 | IBTJ | ISHARES TR | $219,550 | 0.11% | 10,000 | Common | SOLE |
| 82981J851 | SITC | SITE CTRS CORP | $216,240 | 0.10% | 24,000 | Common | SOLE |
| 06417N103 | OZK | BANK OZK LITTLE ROCK ARK | $203,920 | 0.10% | 4,000 | Common | SOLE |
| 146103106 | CARE | CARTER BANKSHARES INC | $194,100 | 0.09% | 10,000 | Common | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $178,680 | 0.09% | 2,000 | PUT | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $178,680 | 0.09% | 2,000 | Common | SOLE |
| 32026V104 | FFWM | FIRST FNDTN INC | $169,501 | 0.08% | 30,431 | Common | SOLE |
| 05990K106 | BANC | BANC OF CALIFORNIA INC | $165,500 | 0.08% | 10,000 | CALL | SOLE |
| 85512G106 | STHO | STAR HLDGS | $162,674 | 0.08% | 19,766 | Common | SOLE |
| G1144A105 | BTBT | BIT DIGITAL INC | $150,000 | 0.07% | 50,000 | Common | SOLE |
| G1144A105 | BTBT | BIT DIGITAL INC | $120,000 | 0.06% | 40,000 | PUT | SOLE |
| Y0207T100 | ASC | ARDMORE SHIPPING CORP | $118,700 | 0.06% | 10,000 | Common | SOLE |
| 25525P107 | DHC | DIVERSIFIED HEALTHCARE TR | $111,573 | 0.05% | 25,300 | CALL | SOLE |
| 814785309 | SNFCA | SECURITY NATL FINL CORP | $111,297 | 0.05% | 12,837 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $109,291 | 0.05% | 1,300 | CALL | SOLE |
| H5012F103 | LAR | LITHIUM ARGENTINA AG | $100,838 | 0.05% | 30,191 | Common | SOLE |
| 826599102 | SGML | SIGMA LITHIUM CORPORATION | $91,573 | 0.04% | 14,286 | Common | SOLE |
| 09173B107 | 1B2 | BITFARMS LTD | $84,600 | 0.04% | 30,000 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $84,070 | 0.04% | 1,000 | PUT | SOLE |
| 784933103 | SGRP | SPAR GROUP INC | $28,290 | 0.01% | 27,466 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.