Beartown Capital Management, LLC — 13F Holdings & Portfolio

CIK 1877162 · latest 13F-HR filed 2026-05-14

Beartown Capital Management, LLC manages $208.6M in 13F-reported U.S. long-equity assets across 42 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are WULF (10.89%), SPY (9.35%), CLSK (6.93%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 6 new positions, exited 15, added to 7, and trimmed 11.

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.

Loading holdings…
AUM

$208.6M

Long-equity book

Holdings

42

Distinct positions

Period

2026-03-31

Filed 2026-05-14

Q/Q Activity

+6 / −15 / ↑7 / ↓11

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ENERGY VAULT HOLDINGS INC$1.9M +67.0%
  • CORE SCIENTIFIC INC NEW$1.1M +9.2%
  • ENVIRI CORP$718.1K +9.5%
  • ANTERIX INC$653.6K +20.7%
  • PORCH GROUP INC$552.0K +13.4%
Show all 7

Top Trims

  • ECHOSTAR CORP-$6.9M -42.6%
  • HUT 8 CORP-$3.5M -29.3%
  • NEBIUS GROUP N.V.-$2.0M -17.4%
  • COMTECH TELECOMMUNICATIONS C-$496.2K -37.2%
  • PRIORITY TECHNOLOGY HLDGS IN-$292.0K -13.4%
Show all 11

New Positions

  • CLEANSPARK INC$13.2M
  • CIPHER DIGITAL INC$5.1M
  • RAYONIER ADVANCED MATLS INC$2.2M
  • GALAXY DIGITAL INC.$922.5K
  • LANDS END INC NEW$562.0K
Show all 6

Exited Positions

  • SELECT MED HLDGS CORP$3.0M
  • KENNEDY-WILSON HOLDINGS INC$2.9M
  • FIRST CTZNS BANCSHARES INC D$2.1M
  • CENTURY ALUM CO$2.0M
  • TALKSPACE INC$1.1M
Show all 15
All Holdings

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 TERAWULF INC WULF 88080T104 $22.7M 10.89% 1,575,000 SH
2 STATE STR SPDR S&P 500 ETF T Put SPY 78462F103 $19.5M 9.35% 30,000 SH
3 CLEANSPARK INC Call CLSK 18452B209 $14.5M 6.93% 1,700,000 SH
4 CLEANSPARK INC CLSK 18452B209 $13.2M 6.32% 1,550,000 SH
5 CORE SCIENTIFIC INC NEW CORZ 21874A106 $12.7M 6.09% 850,000 SH
6 INVESCO QQQ TR Put QQQ 46090E103 $11.5M 5.53% 20,000 SH
7 ECHOSTAR CORP SATS 278768106 $9.4M 4.49% 80,000 SH
8 NEBIUS GROUP N.V. NBIS N97284108 $9.3M 4.48% 90,000 SH
9 CORE SCIENTIFIC INC NEW Call CORZ 21874A106 $9.0M 4.30% 600,000 SH
10 BITDEER TECHNOLOGIES GROUP Call BTDR G11448100 $8.7M 4.15% 1,000,000 SH
11 HUT 8 CORP HUT 44812J104 $8.4M 4.05% 180,000 SH
12 ENVIRI CORP NVRI 415864107 $8.3M 3.97% 422,441 SH
13 VISTANCE NETWORKS INC VISN 20337X109 $7.3M 3.49% 400,000 SH
14 TERAWULF INC Call WULF 88080T104 $7.2M 3.46% 500,000 SH
15 CIPHER DIGITAL INC CIFR 17253J106 $5.1M 2.47% 400,000 SH
16 PORCH GROUP INC PRCH 733245104 $4.7M 2.23% 650,000 SH
17 ENERGY VAULT HOLDINGS INC NRGV 29280W109 $4.6M 2.21% 1,400,000 SH
18 ANTERIX INC ATEX 03676C100 $3.8M 1.83% 100,000 SH
19 TELEPHONE & DATA SYS INC TDS 879433829 $3.2M 1.51% 75,000 SH
20 NEBIUS GROUP N.V. Call NBIS N97284108 $3.1M 1.49% 30,000 SH
21 BORGWARNER INC Call BWA 099724106 $2.7M 1.30% 50,000 SH
22 CHAIN BRIDGE BANCORP INC CBNA 15746L100 $2.6M 1.27% 75,794 SH
23 ECHOSTAR CORP Call SATS 278768106 $2.3M 1.12% 20,000 SH
24 RAYONIER ADVANCED MATLS INC RYAM 75508B104 $2.2M 1.06% 200,000 SH
25 PRIORITY TECHNOLOGY HLDGS IN PRTH 74275G107 $1.9M 0.90% 400,000 SH
26 KNOT OFFSHORE PARTNERS LP KNOP Y48125101 $1.6M 0.76% 157,082 SH
27 KNOT OFFSHORE PARTNERS LP Call KNOP Y48125101 $1.3M 0.61% 125,900 SH
28 HUT 8 CORP Call HUT 44812J104 $1.2M 0.56% 25,000 SH
29 BV FINL INC BVFL 05603E208 $1.2M 0.56% 60,616 SH
30 GALAXY DIGITAL INC. Call GLXY 36317J209 $922.5K 0.44% 50,000 SH
31 GALAXY DIGITAL INC. GLXY 36317J209 $922.5K 0.44% 50,000 SH
32 COMSCORE INC SCOR 20564W204 $875.9K 0.42% 126,207 SH
33 COMTECH TELECOMMUNICATIONS C CMTL 205826209 $836.2K 0.40% 251,881 SH
34 LANDS END INC NEW LE 51509F105 $562.0K 0.27% 50,000 SH
35 FLEXIBLE SOLUTIONS INTL INC FSI 33938T104 $403.7K 0.19% 74,754 SH
36 WM TECHNOLOGY INC MAPS 92971A109 $374.6K 0.18% 568,883 SH
37 WALDENCAST PLC WALD G9503X103 $284.9K 0.14% 300,000 SH
38 FUEL TECH INC FTEK 359523107 $179.0K 0.09% 146,689 SH
39 ORION PROPERTIES INC ONL 68629Y103 $27.7K 0.01% 12,899 SH
40 CENTURY CASINOS INC CNTY 156492100 $13.9K 0.01% 10,000 SH
41 FRANKLIN STR PPTYS CORP FSP 35471R106 $13.2K 0.01% 19,868 SH
42 AURORA INNOVATION INC AUROW 051774115 $6.0K 0.00% 30,209 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-14 $208.6M 42 0001398344-26-009146
2025-12-31 2026-02-18 $138.4M 44 0001398344-26-003321