Institutional
Black Maple Capital Management LP
CIK 0001588959
$179.5M
Reported AUM
83
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Black Maple Capital Management LP · Q1 2026
AI · grounded in 13F
Black Maple Capital Management LP closed its position in PINNACLE FINL PARTNERS INC, reducing exposure by $7.49M. The fund established new positions in EXE for $7.5M and PNFP for $7.36M. Other notable additions include MSFT at $5.03M and EWY at $4.05M, while the fund increased its SPY holdings by 127.8%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | $58.7M | 32.68% | +50,601 | +127.8% |
| 2 | EXE | EXPAND ENERGY CORPORATION | $7.5M | 4.18% | +68,398 | NEW |
| 3 | PNFP | PINNACLE FINL PARTNERS INC | $7.4M | 4.11% | +85,549 | NEW |
| 4 | RSP | INVESCO EXCHANGE TRADED FD T | $6.5M | 3.64% | -1,000 | -2.9% |
| 5 | ALK | ALASKA AIR GROUP INC | $6.3M | 3.54% | +116,100 | +205.5% |
| 6 | HBAN | HUNTINGTON BANCSHARES INC | $6.2M | 3.47% | -32,644 | -7.6% |
| 7 | WAL | WESTERN ALLIANCE BANCORP | $6.0M | 3.34% | -26,177 | -23.6% |
| 8 | MSFT | MICROSOFT CORP | $5.0M | 2.81% | +13,606 | NEW |
| 9 | BAC | BANK AMERICA CORP | $4.7M | 2.63% | +62,571 | +182.4% |
| 10 | BANC | BANC OF CALIFORNIA INC | $4.5M | 2.53% | +67,009 | +35.0% |
| 11 | UBER | UBER TECHNOLOGIES INC | $4.1M | 2.29% | -400 | -0.7% |
| 12 | EWY | ISHARES INC | $4.1M | 2.26% | +33,000 | NEW |
| 13 | HYG | ISHARES TR | $4.0M | 2.22% | +50,000 | NEW |
| 14 | XLF | SELECT SECTOR SPDR TR | $3.5M | 1.93% | +70,000 | NEW |
| 15 | ORCL | ORACLE CORP | $3.0M | 1.67% | +20,350 | NEW |
| 16 | EWU | ISHARES TR | $2.5M | 1.42% | -11,700 | -17.3% |
| 17 | COF | CAPITAL ONE FINL CORP | $2.4M | 1.31% | +12,900 | NEW |
| 18 | SYF | SYNCHRONY FINANCIAL | $2.1M | 1.19% | +31,500 | NEW |
| 19 | KCCA | KRANESHARES TRUST | $2.1M | 1.16% | +35,000 | +33.2% |
| 20 | FEZ | SPDR INDEX SHS FDS | $2.0M | 1.10% | — | HELD |
| 21 | EWJ | ISHARES INC | $1.7M | 0.97% | -18,500 | -47.2% |
| 22 | MDY | STATE STR SPDR S&P MIDCAP 40 | $1.5M | 0.86% | +500 | +25.0% |
| 23 | SMH | VANECK ETF TRUST | $1.5M | 0.85% | +4,000 | NEW |
| 24 | META | META PLATFORMS INC | $1.4M | 0.77% | -3,500 | -59.1% |
| 25 | DDI | DOUBLEDOWN INTERACTIVE CO LT | $1.4M | 0.76% | — | HELD |
| 26 | XME | SPDR SERIES TRUST | $1.3M | 0.72% | +1,500 | +14.3% |
| 27 | GDX | VANECK ETF TRUST | $1.3M | 0.72% | +14,000 | NEW |
| 28 | LIEN | CHICAGO ATLANTIC BDC INC | $1.2M | 0.68% | -5,000 | -3.7% |
| 29 | XLC | SELECT SECTOR SPDR TR | $1.2M | 0.68% | — | HELD |
| 30 | AEM | AGNICO EAGLE MINES LTD | $1.0M | 0.57% | +5,000 | NEW |
| 31 | GOOGL | ALPHABET INC | $1.0M | 0.56% | -500 | -12.5% |
| 32 | LODE | COMSTOCK INC | $992K | 0.55% | +325,134 | NEW |
| 33 | XHB | SPDR SERIES TRUST | $987K | 0.55% | +10,000 | NEW |
| 34 | INDA | ISHARES TR | $951K | 0.53% | -9,700 | -32.3% |
| 35 | MU | MICRON TECHNOLOGY INC | $916K | 0.51% | +1,710 | +171.0% |
| 36 | OSBC | OLD SECOND BANCORP INC DEL | $791K | 0.44% | -9,776 | -20.0% |
| 37 | FXI | ISHARES TR | $790K | 0.44% | +22,000 | NEW |
| 38 | LYFT | LYFT INC | $771K | 0.43% | +58,000 | NEW |
| 39 | AVGO | BROADCOM INC | $710K | 0.40% | +2,295 | NEW |
| 40 | WMT2 | WELLS FARGO & CO | $677K | 0.38% | +8,500 | NEW |
| 41 | AMZN | AMAZON COM INC | $671K | 0.37% | — | HELD |
| 42 | MRVL | MARVELL TECHNOLOGY INC | $629K | 0.35% | -3,066 | -32.6% |
| 43 | XLK | SELECT SECTOR SPDR TR | $601K | 0.33% | — | HELD |
| 44 | NXE | NEXGEN ENERGY LTD | $580K | 0.32% | -16,200 | -24.5% |
| 45 | ELME | ELME COMMUNITIES | $541K | 0.30% | +269,317 | NEW |
| 46 | INR | INFINITY NAT RES INC | $541K | 0.30% | -18,219 | -37.2% |
| 47 | FNWD | FINWARD BANCORP | $533K | 0.30% | -6,564 | -30.9% |
| 48 | KRE | SPDR SERIES TRUST | $521K | 0.29% | -2,500 | -23.8% |
| 49 | IBTI | ISHARES TR | $518K | 0.29% | +3,250 | +16.3% |
| 50 | ALRS | ALERUS FINL CORP | $468K | 0.26% | -4,819 | -19.6% |
| 51 | IBTH | ISHARES TR | $449K | 0.25% | — | HELD |
| 52 | DUOT | DUOS TECHNOLOGIES GROUP INC | $437K | 0.24% | +63,707 | NEW |
| 53 | GLD | SPDR GOLD TR | $430K | 0.24% | -600 | -37.5% |
| 54 | USB | US BANCORP | $416K | 0.23% | — | HELD |
| 55 | RYN | RAYONIER INC | $412K | 0.23% | +20,000 | NEW |
| 56 | DOC | HEALTHPEAK PROPERTIES INC | $411K | 0.23% | — | HELD |
| 57 | BUSE | FIRST BUSEY CORP | $388K | 0.22% | +3,000 | +24.3% |
| 58 | IBTJ | ISHARES TR | $382K | 0.21% | +7,500 | +75.0% |
| 59 | CHCT | COMMUNITY HEALTHCARE TR INC | $354K | 0.20% | +10,918 | +96.3% |
| 60 | LNSR | LENSAR INC | $330K | 0.18% | -61,969 | -52.8% |
| 61 | EWP | ISHARES INC | $326K | 0.18% | — | HELD |
| 62 | AFCG | ADVANCED FLOWER CAP INC | $313K | 0.17% | +110,912 | NEW |
| 63 | KWEB | KRANESHARES TRUST | $313K | 0.17% | +2,000 | +22.2% |
| 64 | STHO | STAR HLDGS | $310K | 0.17% | +15,129 | +58.5% |
| 65 | FSUN | FIRSTSUN CAP BANCORP | $304K | 0.17% | +2,000 | +31.5% |
| 66 | ETHA | ISHARES ETHEREUM TR | $293K | 0.16% | +18,500 | NEW |
| 67 | TSLA | TESLA INC | $292K | 0.16% | — | HELD |
| 68 | FVCB | FVCBANKCORP INC | $291K | 0.16% | -4,821 | -20.1% |
| 69 | POET | POET TECHNOLOGIES INC | $270K | 0.15% | +45,500 | NEW |
| 70 | IGSB | ISHARES TR | $263K | 0.15% | — | HELD |
| 71 | BPRN | PRINCETON BANCORP INC | $240K | 0.13% | +7,118 | NEW |
| 72 | FFBC | 1ST FINL BANCORP | $239K | 0.13% | -3,944 | -31.6% |
| 73 | MSOS | ADVISORSHARES TR | $231K | 0.13% | — | HELD |
| 74 | GSBD | GOLDMAN SACHS BDC INC | $222K | 0.12% | +15,000 | +150.0% |
| 75 | SGML | SIGMA LITHIUM CORPORATION | $176K | 0.10% | — | HELD |
| 76 | BUR | BURFORD CAPITAL LIMITED | $175K | 0.10% | -10,000 | -20.5% |
| 77 | KD | KYNDRYL HLDGS INC | $157K | 0.09% | +12,000 | NEW |
| 78 | MSDL | MORGAN STANLEY DIRECT LENDIN | $140K | 0.08% | +10,000 | NEW |
| 79 | LAR | LITHIUM ARGENTINA AG | $135K | 0.08% | — | HELD |
| 80 | OCSL | OAKTREE SPECIALTY LENDING | $113K | 0.06% | +10,000 | NEW |
| 81 | SNFCA | SECURITY NATL FINL CORP | $107K | 0.06% | -12,767 | -53.0% |
| 82 | SITC | SITE CTRS CORP | $81K | 0.05% | -9,000 | -37.5% |
| 83 | 1B2 | BITFARMS LTD | $64K | 0.04% | — | HELD |
| 84 | — | PINNACLE FINL PARTNERS INC | — | — | -78,559 | EXITED |
| 85 | ODV | OSISKO DEVELOPMENT CORP | — | — | -1,867,710 | EXITED |
| 86 | EQT | EQT CORP | — | — | -98,039 | EXITED |
| 87 | OZK | BANK OZK LITTLE ROCK ARK | — | — | -92,672 | EXITED |
| 88 | EOG | EOG RES INC | — | — | -29,000 | EXITED |
| 89 | MBIN | MERCHANTS BANCORP IND | — | — | -82,092 | EXITED |
| 90 | SYU1 | SYNOVUS FINL CORP | — | — | -39,700 | EXITED |
| 91 | GOOG | ALPHABET INC | — | — | -4,000 | EXITED |
| 92 | EIDO | ISHARES TR | — | — | -57,104 | EXITED |
| 93 | NOG | NORTHERN OIL & GAS INC | — | — | -33,600 | EXITED |
| 94 | GDXJ | VANECK ETF TRUST | — | — | -6,050 | EXITED |
| 95 | NECB | NORTHEAST CMNTY BANCORP INC | — | — | -30,371 | EXITED |
| 96 | SIMO | SILICON MOTION TECHNOLOGY CO | — | — | -7,300 | EXITED |
| 97 | ADBE | ADOBE INC | — | — | -1,800 | EXITED |
| 98 | FCX | FREEPORT-MCMORAN INC | — | — | -12,000 | EXITED |
| 99 | AR | ANTERO RESOURCES CORP | — | — | -16,100 | EXITED |
| 100 | SM | SM ENERGY CO | — | — | -23,000 | EXITED |
| 101 | CRM | SALESFORCE INC | — | — | -1,500 | EXITED |
| 102 | DELL | DELL TECHNOLOGIES INC | — | — | -3,000 | EXITED |
| 103 | IBCP | INDEPENDENT BK CORP MICH | — | — | -10,769 | EXITED |
| 104 | KMB | KIMBERLY-CLARK CORP | — | — | -3,000 | EXITED |
| 105 | TECK | TECK RESOURCES LTD | — | — | -5,700 | EXITED |
| 106 | CZWI | CITIZENS CMNTY BANCORP INC M | — | — | -11,718 | EXITED |
| 107 | DHC | DIVERSIFIED HEALTHCARE TR | — | — | -38,984 | EXITED |
| 108 | SMR | NUSCALE PWR CORP | — | — | -13,000 | EXITED |
| 109 | ASC | ARDMORE SHIPPING CORP | — | — | -10,000 | EXITED |
Source: SEC EDGAR · accession 0001214659-26-006446. 13F discloses long positions only — shorts, foreign equities, and options are excluded.