Q1 2026 · 13F-HR
Ursa Fund Management, LLCholdings as filed
Filed 2026-05-15 · accession 0001693838-26-000003
$107.5M
Reported value
20
Positions
2026-03-31
Period end
The Brief · Ursa Fund Management, LLC · Q1 2026
AI · grounded in 13F
Ursa Fund Management, LLC closed its position in MSFT, reducing exposure by $1.31B. The fund also exited positions in AAPL and JPM, selling $271.86M and $238.44M respectively. To offset these exits, the fund established new positions in SPY for $32.52M and PEN for $27.85M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | STATE STR SPDR S&P 500 ETF T | $32.5M | 30.2% | 50,000 | PUT | SOLE |
| 70975L107 | PEN | PENUMBRA INC | $16.4M | 15.2% | 49,800 | PUT | SOLE |
| 70975L107 | PEN | PENUMBRA INC | $11.5M | 10.7% | 35,000 | Common | SOLE |
| 197641103 | CLBK | COLUMBIA FINL INC | $8.8M | 8.14% | 500,000 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $7.4M | 6.92% | 30,000 | PUT | SOLE |
| 78464A698 | KRE | SPDR SERIES TRUST | $6.5M | 6.06% | 100,000 | PUT | SOLE |
| 78464A698 | KRE | SPDR SERIES TRUST | $6.5M | 6.06% | 100,000 | CALL | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $2.6M | 2.43% | 68,000 | Common | SOLE |
| 362397101 | GAB | GABELLI EQUITY TR INC | $2.1M | 1.92% | 367,924 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $1.8M | 1.68% | 20,000 | PUT | SOLE |
| 617468103 | XCAFX | MORGAN STANLEY CHINA A SH FD | $1.8M | 1.66% | 60,100 | PUT | SOLE |
| 97785W106 | WOLF | WOLFSPEED INC | $1.6M | 1.52% | 100,300 | CALL | SOLE |
| 46436E718 | SGOV | ISHARES TR | $1.5M | 1.40% | 15,000 | Common | SOLE |
| 66611T108 | NFBK | NORTHFIELD BANCORP INC DEL | $1.4M | 1.26% | 100,000 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $1.4M | 1.26% | 15,000 | Common | SOLE |
| 617468103 | XCAFX | MORGAN STANLEY CHINA A SH FD | $1.2M | 1.14% | 70,100 | Common | SOLE |
| 963025309 | WHLR 9 PERP B | WHEELER REAL ESTATE INVT TR | $1.1M | 1.03% | 160,000 | Common | SOLE |
| 44891N208 | IAC | IAC INC | $1.0M | 0.93% | 25,000 | Common | SOLE |
| 52603A208 | LC | LENDINGCLUB ISSUANCE TR SER | $286,400 | 0.27% | 20,000 | CALL | SOLE |
| 362397226 | GAB-R | GABELLI EQUITY TR INC | $209,940 | 0.20% | 29,991,406 | 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.