Context Capital Management, LLC — 13F Holdings & Portfolio
CIK 1301396 · latest 13F-HR filed 2026-05-07
Context Capital Management, LLC manages $4.33B in 13F-reported U.S. long-equity assets across 392 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are MHIFF (4.57%), ECHOSTAR CORP (4.52%), CENX (2.90%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 115 new positions, exited 50, added to 55, and trimmed 119.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$4.33B
Long-equity book
392
Distinct positions
2026-03-31
Filed 2026-05-07
+115 / −50 / ↑55 / ↓119
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CENTURY ALUM CO$54.3M +76.5%
- RIVIAN AUTOMOTIVE INC$36.7M +52.5%
- ECHOSTAR CORP$35.6M +22.3%
- AMPHASTAR PHARMACEUTICALS IN$31.3M +106.3%
- ENPHASE ENERGY INC$29.0M +61.1%
Top Trims
- MARA HOLDINGS INC-$107.4M -89.1%
- TANDEM DIABETES CARE INC-$43.4M -52.5%
- PELOTON INTERACTIVE INC-$33.4M -24.8%
- EQUINOX GOLD CORP-$30.8M -61.3%
- PURECYCLE TECHNOLOGIES INC-$20.6M -48.1%
New Positions
- SNAP INC$86.2M
- JOBY AVIATION INC$74.8M
- INTEGER HLDGS CORP$70.0M
- STRATEGY INC$51.0M
- MARA HOLDINGS INC$49.9M
Exited Positions
- SSR MINING IN$54.8M
- TXNM ENERGY INC$37.6M
- MITEK SYS INC$33.4M
- ALBEMARLE CORP$32.7M
- HAEMONETICS CORP MASS$23.6M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | STRATEGY INC | MHIFF | 594972AS0 | $197.9M | 4.57% | 237,716,000 | PRN |
| 2 | ECHOSTAR CORP | — | 278768AB2 | $195.5M | 4.52% | 54,688,217 | PRN |
| 3 | CENTURY ALUM CO | CENX | 156431AQ1 | $125.4M | 2.90% | 39,817,000 | PRN |
| 4 | CONMED CORP | — | 207410AH4 | $115.9M | 2.68% | 119,429,000 | PRN |
| 5 | TELADOC HEALTH INC | TDOC | 87918AAF2 | $113.1M | 2.61% | 117,959,000 | PRN |
| 6 | RIVIAN AUTOMOTIVE INC | RIVN | 76954AAB9 | $106.6M | 2.46% | 99,377,000 | PRN |
| 7 | ENOVIS CORPORATION | ENOV | 194014AB2 | $102.6M | 2.37% | 106,093,000 | PRN |
| 8 | PELOTON INTERACTIVE INC | PTON | 70614WAD2 | $101.6M | 2.35% | 75,787,000 | PRN |
| 9 | SNAP INC | SNAP | 83304AAK2 | $86.2M | 1.99% | 107,035,000 | PRN |
| 10 | BRIDGEBIO PHARMA INC | BBIO | 10806XAD4 | $79.9M | 1.85% | 71,254,000 | PRN |
| 11 | FLUENCE ENERGY INC | FLNC | 34379VAB9 | $79.4M | 1.83% | 78,672,000 | PRN |
| 12 | SUPER MICRO COMPUTER INC | SMCI | 86800UAB0 | $79.0M | 1.83% | 98,762,000 | PRN |
| 13 | PACIRA BIOSCIENCES INC | PCRX | 695127AJ9 | $78.5M | 1.81% | 81,306,000 | PRN |
| 14 | ENPHASE ENERGY INC | ENPH | 29355AAK3 | $76.4M | 1.77% | 85,468,000 | PRN |
| 15 | JOBY AVIATION INC | JOBY | 47775AAA9 | $74.8M | 1.73% | 87,000,000 | PRN |
| 16 | IMMUNOCORE HLDGS PLC | IMCR | 45258DAB1 | $70.2M | 1.62% | 77,841,000 | PRN |
| 17 | INTEGER HLDGS CORP | ITGR | 45826HAD1 | $70.0M | 1.62% | 72,999,000 | PRN |
| 18 | CLEANSPARK INC | CLSK | 18452BAC4 | $68.5M | 1.58% | 70,806,000 | PRN |
| 19 | TRAVERE THERAPEUTICS INC | TVTX | 89422GAA5 | $66.9M | 1.55% | 52,933,000 | PRN |
| 20 | PENNYMAC CORP | PMT | 70932AAH6 | $64.1M | 1.48% | 61,300,000 | PRN |
| 21 | ARRAY TECHNOLOGIES INC | ARRY | 04271TAB6 | $63.3M | 1.46% | 69,704,000 | PRN |
| 22 | RIVIAN AUTOMOTIVE INC | RIVN | 76954AAD5 | $61.2M | 1.41% | 63,706,000 | PRN |
| 23 | AMPHASTAR PHARMACEUTICALS IN | AMPH | 03209RAB9 | $60.6M | 1.40% | 66,931,000 | PRN |
| 24 | APPLIED DIGITAL CORP | APLD | 038169AB4 | $60.4M | 1.40% | 22,740,000 | PRN |
| 25 | CERENCE INC | CRNC | 156727AD1 | $59.4M | 1.37% | 67,082,000 | PRN |
| 26 | PAGERDUTY INC | PD | 69553PAD2 | $58.9M | 1.36% | 65,121,000 | PRN |
| 27 | IRONWOOD PHARMACEUTICALS INC | IRWD | 46333XAH1 | $58.1M | 1.34% | 59,619,000 | PRN |
| 28 | UPSTART HLDGS INC | UPST | 91680MAF4 | $55.7M | 1.29% | 78,174,000 | PRN |
| 29 | GROUPON INC | GRPN | 399473AK3 | $53.3M | 1.23% | 65,101,000 | PRN |
| 30 | STRATEGY INC | MHIFF | 594972AU5 | $51.0M | 1.18% | 58,211,000 | PRN |
| 31 | MARA HOLDINGS INC | MARA | 565788AF3 | $49.9M | 1.15% | 56,300,000 | PRN |
| 32 | PORCH GROUP INC | PRCH | 733245AD6 | $49.6M | 1.15% | 46,500,000 | PRN |
| 33 | NEXTERA ENERGY INC | NEEPV | 65339F655 | $47.0M | 1.09% | 935,000 | SH |
| 34 | DRAFTKINGS INC NEW | DKNG | 26142RAB0 | $46.0M | 1.06% | 51,000,000 | PRN |
| 35 | RAMACO RES INC | METC | 75134PAB1 | $45.9M | 1.06% | 60,005,000 | PRN |
| 36 | STRATEGY INC | MHIFF | 594972AN1 | $44.1M | 1.02% | 43,000,000 | PRN |
| 37 | GREEN PLAINS INC | GPRE | 393222AM6 | $41.0M | 0.95% | 29,052,000 | PRN |
| 38 | WAYFAIR INC | W | 94419LAR2 | $40.5M | 0.94% | 23,150,000 | PRN |
| 39 | CENTRUS ENERGY CORP | LEU | 15643UAE4 | $39.5M | 0.91% | 19,450,000 | PRN |
| 40 | TANDEM DIABETES CARE INC | TNDM | 875372AD6 | $39.3M | 0.91% | 38,500,000 | PRN |
| 41 | EVOLENT HEALTH INC | — | 30050BAH4 | $38.2M | 0.88% | 71,771,000 | PRN |
| 42 | SOLAREDGE TECHNOLOGIES INC | SEDG | 83417MAE4 | $37.8M | 0.87% | 21,983,000 | PRN |
| 43 | CELCUITY INC | CELC | 15102KAA8 | $36.5M | 0.84% | 14,970,000 | PRN |
| 44 | LI AUTO INC | LI | 50202MAB8 | $33.0M | 0.76% | 33,000,000 | PRN |
| 45 | PAGAYA U S HLDG CO LLC | PGYWW | 69549FAB5 | $32.5M | 0.75% | 28,225,000 | PRN |
| 46 | NIO INC | NIO | 62914VAJ5 | $30.4M | 0.70% | 29,709,000 | PRN |
| 47 | ORACLE CORP | ORCLPD | 68389X204 | $30.4M | 0.70% | 675,000 | SH |
| 48 | ZENAS BIOPHARMA INC | ZBIO | 98937LAA3 | $30.1M | 0.70% | 29,100,000 | PRN |
| 49 | SOLARIS ENERGY INFRAS INC | SEI | 83419XAA6 | $28.8M | 0.66% | 12,065,000 | PRN |
| 50 | STRATEGY INC | MHIFF | 594972AL5 | $25.7M | 0.59% | 26,649,000 | PRN |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-07 | $4.33B | 392 | 0001420506-26-000841 |
| 2025-12-31 | 2026-02-13 | $3.88B | 327 | 0001420506-26-000398 |