Black Maple Capital Management LP — 13F Holdings & Portfolio
CIK 1588959 · latest 13F-HR filed 2026-05-15
Black Maple Capital Management LP manages $179.5M in 13F-reported U.S. long-equity assets across 98 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPY (17.28%), SPY (15.03%), EXE (4.18%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 25 new positions, exited 26, added to 13, and trimmed 31.
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.
$179.5M
Long-equity book
98
Distinct positions
2026-03-31
Filed 2026-05-15
+25 / −26 / ↑13 / ↓31
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- STATE STR SPDR S&P 500 ETF T$7.5M +38.4%
- ALASKA AIR GROUP INC$3.5M +123.4%
- BANK AMERICA CORP$2.8M +150.3%
- BANC OF CALIFORNIA INC$1.1M +31.8%
- KRANESHARES TRUST$308.7K +17.4%
Top Trims
- WESTERN ALLIANCE BANCORP-$3.3M -35.6%
- META PLATFORMS INC-$2.6M -67.5%
- ISHARES INC-$1.4M -44.8%
- HUNTINGTON BANCSHARES INC-$1.2M -16.6%
- LENSAR INC-$1.0M -75.8%
New Positions
- EXPAND ENERGY CORPORATION$7.5M
- PINNACLE FINL PARTNERS INC$7.4M
- MICROSOFT CORP$2.6M
- CAPITAL ONE FINL CORP$2.4M
- ISHARES INC$2.2M
Exited Positions
- PINNACLE FINL PARTNERS INC$7.5M
- OSISKO DEVELOPMENT CORP$5.6M
- EQT CORP$5.3M
- BANK OZK LITTLE ROCK ARK$4.3M
- EOG RES INC$3.0M
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 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $31.0M | 17.28% | 47,700 | SH |
| 2 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $27.0M | 15.03% | 41,484 | SH |
| 3 | EXPAND ENERGY CORPORATION | EXE | 165167735 | $7.5M | 4.18% | 68,398 | SH |
| 4 | PINNACLE FINL PARTNERS INC | PNFP | 72348N109 | $7.4M | 4.11% | 85,549 | SH |
| 5 | INVESCO EXCHANGE TRADED FD T | RSP | 46137V357 | $6.5M | 3.64% | 34,050 | SH |
| 6 | ALASKA AIR GROUP INC | ALK | 011659109 | $6.3M | 3.54% | 172,600 | SH |
| 7 | HUNTINGTON BANCSHARES INC | HBAN | 446150104 | $6.2M | 3.47% | 397,656 | SH |
| 8 | WESTERN ALLIANCE BANCORP | WAL | 957638109 | $6.0M | 3.34% | 84,599 | SH |
| 9 | BANK AMERICA CORP | BAC | 060505104 | $4.7M | 2.63% | 96,871 | SH |
| 10 | BANC OF CALIFORNIA INC | BANC | 05990K106 | $4.4M | 2.44% | 249,621 | SH |
| 11 | ISHARES TR Put | HYG | 464288513 | $4.0M | 2.22% | 50,000 | SH |
| 12 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $3.7M | 2.09% | 52,100 | SH |
| 13 | MICROSOFT CORP | MSFT | 594918104 | $2.6M | 1.47% | 7,106 | SH |
| 14 | ISHARES TR | EWU | 46435G334 | $2.5M | 1.42% | 55,910 | SH |
| 15 | MICROSOFT CORP Put | MSFT | 594918104 | $2.4M | 1.34% | 6,500 | SH |
| 16 | CAPITAL ONE FINL CORP | COF | 14040H105 | $2.4M | 1.31% | 12,900 | SH |
| 17 | ISHARES INC | EWY | 464286772 | $2.2M | 1.23% | 18,000 | SH |
| 18 | SYNCHRONY FINANCIAL | SYF | 87165B103 | $2.1M | 1.19% | 31,500 | SH |
| 19 | KRANESHARES TRUST | KCCA | 500767553 | $2.1M | 1.16% | 140,517 | SH |
| 20 | SPDR INDEX SHS FDS | FEZ | 78463X202 | $2.0M | 1.10% | 31,800 | SH |
| 21 | ISHARES INC Put | EWY | 464286772 | $1.8M | 1.03% | 15,000 | SH |
| 22 | ISHARES INC | EWJ | 46434G822 | $1.7M | 0.97% | 20,659 | SH |
| 23 | SELECT SECTOR SPDR TR | XLF | 81369Y605 | $1.7M | 0.96% | 35,000 | SH |
| 24 | SELECT SECTOR SPDR TR Put | XLF | 81369Y605 | $1.7M | 0.96% | 35,000 | SH |
| 25 | ORACLE CORP | ORCL | 68389X105 | $1.5M | 0.85% | 10,350 | SH |
| 26 | ORACLE CORP Put | ORCL | 68389X105 | $1.5M | 0.82% | 10,000 | SH |
| 27 | DOUBLEDOWN INTERACTIVE CO LT | DDI | 25862B109 | $1.4M | 0.76% | 161,768 | SH |
| 28 | META PLATFORMS INC | META | 30303M102 | $1.3M | 0.71% | 2,220 | SH |
| 29 | CHICAGO ATLANTIC BDC INC | LIEN | 828174102 | $1.2M | 0.68% | 130,920 | SH |
| 30 | SELECT SECTOR SPDR TR | XLC | 81369Y852 | $1.2M | 0.68% | 10,970 | SH |
| 31 | AGNICO EAGLE MINES LTD Call | AEM | 008474108 | $1.0M | 0.57% | 5,000 | SH |
| 32 | ALPHABET INC | GOOGL | 02079K305 | $1.0M | 0.56% | 3,500 | SH |
| 33 | COMSTOCK INC | LODE | 205750409 | $991.7K | 0.55% | 325,134 | SH |
| 34 | SPDR SERIES TRUST Call | XHB | 78464A888 | $987.2K | 0.55% | 10,000 | SH |
| 35 | ISHARES TR | INDA | 46429B598 | $950.9K | 0.53% | 20,300 | SH |
| 36 | STATE STR SPDR S&P MIDCAP 40 | MDY | 78467Y107 | $925.1K | 0.52% | 1,500 | SH |
| 37 | MICRON TECHNOLOGY INC Call | MU | 595112103 | $844.6K | 0.47% | 2,500 | SH |
| 38 | OLD SECOND BANCORP INC DEL | OSBC | 680277100 | $790.8K | 0.44% | 39,224 | SH |
| 39 | ISHARES TR | FXI | 464287184 | $789.8K | 0.44% | 22,000 | SH |
| 40 | LYFT INC | LYFT | 55087P104 | $771.4K | 0.43% | 58,000 | SH |
| 41 | VANECK ETF TRUST Put | SMH | 92189F676 | $766.8K | 0.43% | 2,000 | SH |
| 42 | VANECK ETF TRUST | SMH | 92189F676 | $766.8K | 0.43% | 2,000 | SH |
| 43 | BROADCOM INC | AVGO | 11135F101 | $710.3K | 0.40% | 2,295 | SH |
| 44 | VANECK ETF TRUST | GDX | 92189F106 | $688.3K | 0.38% | 7,500 | SH |
| 45 | WELLS FARGO & CO | WFC | 949746101 | $676.7K | 0.38% | 8,500 | SH |
| 46 | AMAZON COM INC | AMZN | 023135106 | $670.6K | 0.37% | 3,220 | SH |
| 47 | STATE STR SPDR S&P 500 ETF T Call | SPY | 78462F103 | $650.3K | 0.36% | 1,000 | SH |
| 48 | SPDR SERIES TRUST | XME | 78464A755 | $648.1K | 0.36% | 6,000 | SH |
| 49 | SPDR SERIES TRUST Put | XME | 78464A755 | $648.1K | 0.36% | 6,000 | SH |
| 50 | MARVELL TECHNOLOGY INC | MRVL | 573874104 | $629.0K | 0.35% | 6,350 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $179.5M | 98 | 0001214659-26-006446 |
| 2025-12-31 | 2026-02-17 | $142.9M | 86 | 0001214659-26-001958 |
| 2025-09-30 | 2025-11-14 | $206.4M | 93 | 0001214659-25-016615 |