Spruce Point Capital Management, LLC — 13F Holdings & Portfolio
CIK 1731579 · latest 13F-HR filed 2026-08-14
Spruce Point Capital Management, LLC manages $57.8M in 13F-reported U.S. long-equity assets across 21 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (21.95%), IWM (13.19%), REMX (12.96%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions and exited 3; 7 existing positions rose in reported value and 5 fell.
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.
Long-equity book
Distinct positions
Filed 2026-08-14
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 88.7%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 19, 2026.
SUITE 200
RIVERHEAD, NY 11901
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| AXLER, BENJAMIN, ELLIOT Control | MANAGING MEMBER/CIO since May 2009 | 75% or more | Individual |
| Daniel, Oliver, J Control | CCO/COO since Feb 2020 | Less than 5% | Individual |
Ownership & leadership changes · 2 filings with changes since Apr 28, 2017
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedDONOHUE, SEAN, DEVINE · CCO/COO · Less than 5% · control person · listed since Apr 2016
- AddedDaniel, Oliver, J · CCO/COO · Less than 5% · control person
- ChangedDONOHUE, SEAN, DEVINE · title COO → CCO/COO
- ListedAXLER, BENJAMIN, ELLIOT · MANAGING MEMBER/CIO · 75% or more · control person
- ListedDONOHUE, SEAN, DEVINE · COO · Less than 5% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- INVESCO QQQ TR$3.2M +109.5%
- STATE STR SPDR S&P 500 ETF T$2.9M +30.1%
- ISHARES TR$687.4K +9.9%
- SELECT SECTOR SPDR TR$632.0K +61.1%
- ISHARES TR$270.4K +38.0%
Top Trims
- VANECK ETF TRUST-$13.1M -98.1%
- VANECK ETF TRUST-$2.7M -26.6%
- VANECK ETF TRUST-$2.4M -45.3%
- SPROTT FDS TR-$2.0M -86.5%
- VANECK ETF TRUST-$633.8K -26.3%
Spruce Point Capital Management, LLC Holdings (2026-06-30)
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 | SPY | 78462F103 | $12.7M | 21.95% | 17,000 | SH |
| 2 | ISHARES TR | IWM | 464287655 | $7.6M | 13.19% | 25,400 | SH |
| 3 | VANECK ETF TRUST | REMX | 92189H805 | $7.5M | 12.96% | 84,730 | SH |
| 4 | INVESCO QQQ TR | QQQ | 46090E103 | $6.0M | 10.45% | 8,210 | SH |
| 5 | ISHARES TR | EUFN | 464289180 | $3.5M | 6.07% | 90,000 | SH |
| 6 | VANECK ETF TRUST | GDXJ | 92189F791 | $2.9M | 5.10% | 30,000 | SH |
| 7 | ISHARES INC | VEGI | 464286350 | $2.2M | 3.81% | 50,000 | SH |
| 8 | BUNGE GLOBAL SA Put | BG | H11356104 | $2.2M | 3.73% | 20,200 | SH |
| 9 | ARCHER DANIELS MIDLAND CO | ADM | 039483102 | $1.8M | 3.17% | 24,008 | SH |
| 10 | VANECK ETF TRUST | GDX | 92189F106 | $1.8M | 3.07% | 23,530 | SH |
| 11 | SELECT SECTOR SPDR TR | XLI | 81369Y704 | $1.7M | 2.88% | 9,000 | SH |
| 12 | TREDEGAR CORP | TG | 894650100 | $1.1M | 1.98% | 143,924 | SH |
| 13 | ISHARES INC | EWA | 464286103 | $1.1M | 1.95% | 40,000 | SH |
| 14 | VANECK ETF TRUST Put | GDXJ | 92189F791 | $982.5K | 1.70% | 10,000 | SH |
| 15 | ISHARES TR | IGM | 464287549 | $981.5K | 1.70% | 6,000 | SH |
| 16 | WESCO INTL INC | WCC | 95082P105 | $933.0K | 1.61% | 2,701 | SH |
| 17 | SUPER GROUP SGHC LIMITED Call | SGHC | G8588X103 | $783.2K | 1.35% | 57,800 | SH |
| 18 | SKYWORKS SOLUTIONS INC | SWKS | 83088M102 | $780.4K | 1.35% | 11,510 | SH |
| 19 | FIRST TR EXCHANGE TRADED FD | AIRR | 33738R704 | $579.2K | 1.00% | 4,347 | SH |
| 20 | SPROTT FDS TR | URNM | 85208P303 | $315.5K | 0.55% | 6,000 | SH |
| 21 | VANECK ETF TRUST | MOO | 92189F700 | $254.3K | 0.44% | 3,211 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $57.8M | 21 | 0001214659-26-010170 |
| 2026-03-31 | 2026-05-13 | $90.9M | 24 | 0001214659-26-006017 |
| 2025-12-31 | 2026-02-17 | $48.1M | 15 | 0001214659-26-001831 |
| 2018-12-31 | 2019-02-22 | $0 | 2 | 0001731579-19-000005 |
SUITE 200
RIVERHEAD, NY 11901