FIFTH LANE CAPITAL, LP — 13F Holdings & Portfolio
CIK 1858558 · latest 13F-HR filed 2026-08-06
FIFTH LANE CAPITAL, LP manages $1.6M in 13F-reported U.S. long-equity assets across 5 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are CFND (54.75%), PESI (15.77%), SDVI (13.48%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions and exited 55; 1 existing position rose in reported value and 2 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 2026-08-06
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 = 100%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Apr 1, 2026.
SUITE 380
AUSTIN, TX 78705
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| COPELAND, CAVAN, FLYNN Control | FOUNDER, MANAGING PARTNER, LIMITED PARTNER since Jan 2020 | 75% or more | Individual |
| FIFTH LANE CAPITAL GP, LLC Control | GENERAL PARTNER since Jan 2020 | Less than 5% | Domestic Entity |
| COPELAND, CAVAN, FLYNN Control Indirect owner via FIFTH LANE CAPITAL GP, LLC | MANAGING MEMBER since Jan 2020 | 75% or more | Individual |
Ownership & leadership changes · 6 filings with changes since Aug 19, 2020
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.
- ChangedCOPELAND, CAVAN, FLYNN · ownership 25–50% → 75% or more
- No longer listedGRAF, SUSAN, HARRIETT · TRUSTEE · 50–75% · indirect via THE ANDREW S. KERSHNER TRUST · control person · listed since Aug 2000
- No longer listedKERSHNER TRADING GROUP, LLC · PARTNER · 50–75% · control person · listed since Jun 2020
- No longer listedKERSHNER, ANDREW, SCOT · TRUSTEE · 50–75% · indirect via THE ANDREW S. KERSHNER TRUST · control person · listed since Aug 2000
- No longer listedOVERUNDER, LLC · MANAGING MEMBER · 75% or more · indirect via KERSHNER TRADING GROUP, LLC · control person · listed since Aug 2000
- No longer listedTHE ANDREW S. KERSHNER TRUST · MANAGING MEMBER · 75% or more · indirect via OVERUNDER, LLC · control person · listed since Nov 2001
- No longer listedSOWIN, JOSEPH, ROBERT · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Aug 2024
- No longer listedCOPELAND, JUSTIN, MICHAEL · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Jun 2022
- AddedSOWIN, JOSEPH, ROBERT · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedKERSHNER TRADING GROUP, LLC · now a control person
- AddedCOPELAND, JUSTIN, MICHAEL · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedCOPELAND, CAVAN, FLYNN · title CHIEF COMPLIANCE OFFICER, LIMITED PARTNER → FOUNDER, MANAGING PARTNER, LIMITED PARTNER
- ListedCOPELAND, CAVAN, FLYNN · CHIEF COMPLIANCE OFFICER, LIMITED PARTNER · 25–50% · control person
- ListedCOPELAND, CAVAN, FLYNN · MANAGING MEMBER · 75% or more · indirect via FIFTH LANE CAPITAL GP, LLC · control person
- ListedFIFTH LANE CAPITAL GP, LLC · GENERAL PARTNER · Less than 5% · control person
- ListedGRAF, SUSAN, HARRIETT · TRUSTEE · 50–75% · indirect via THE ANDREW S. KERSHNER TRUST · control person
- ListedKERSHNER TRADING GROUP, LLC · PARTNER · 50–75%
- ListedKERSHNER, ANDREW, SCOT · TRUSTEE · 50–75% · indirect via THE ANDREW S. KERSHNER TRUST · control person
- ListedOVERUNDER, LLC · MANAGING MEMBER · 75% or more · indirect via KERSHNER TRADING GROUP, LLC · control person
- ListedTHE ANDREW S. KERSHNER TRUST · MANAGING MEMBER · 75% or more · indirect via OVERUNDER, LLC · 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.
Exited Positions
- RENATUS TACTICAL ACQUIS$11.2M
- ONESTREAM INC$7.7M
- CANTOR EQUITY PARTNERS V INC$7.6M
- HOLOGIC INC$7.1M
- CANTOR EQUITY PARTNERS II IN$5.7M
FIFTH LANE CAPITAL, LP 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 | C1 FD INC | CFND | 12673Q103 | $892.9K | 54.75% | 294,688 | SH |
| 2 | PERMA-FIX ENVIRONMENTAL SVCS | PESI | 714157203 | $257.2K | 15.77% | 18,000 | SH |
| 3 | SBNY 5.0 31 DEC 2049 A - PFD | SDVI | 82669G203 | $219.8K | 13.48% | 95,551 | SH |
| 4 | A SPAC III ACQUISITION CORP | ASPC | G0544A103 | $219.6K | 13.46% | 20,368 | SH |
| 5 | BRDTLA 7.625 31 DEC 2049 A - PFD | — | 112714209 | $41.3K | 2.53% | 786,652 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-06 | $1.6M | 5 | 0001214659-26-009699 |
| 2026-03-31 | 2026-05-15 | $82.3M | 58 | 0001214659-26-006310 |
| 2025-12-31 | 2026-02-13 | $131.9M | 118 | 0001214659-26-001718 |
| 2025-09-30 | 2025-11-12 | $99.5M | 105 | 0001214659-25-016241 |
SUITE 380
AUSTIN, TX 78705