Beartown Capital Management, LLC — 13F Holdings & Portfolio

CIK 1877162 · latest 13F-HR filed 2026-08-14

Beartown Capital Management, LLC manages $227.4M in 13F-reported U.S. long-equity assets across 41 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are WULF (16.29%), ECHO (9.37%), GLXY (9.02%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 14 new positions, exited 4, added to 19, and trimmed 7.

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.

Filer Information
Address
12927 TALBOT LANE
HUNTINGTON WOODS, MI 48070
Phone
(734) 536-4850
Filing Manager
Beartown Capital Management, LLC
HUNTINGTON WOODS, MI
Signatory
Adam L. Block
Managing Member
Loading holdings…
AUM

$227.4M

Long-equity book

Holdings

41

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+14 / −4 / ↑19 / ↓7

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • GALAXY DIGITAL INC.$19.6M +2122.8%
  • TERAWULF INC$14.3M +63.0%
  • ECHOSTAR CORP$11.9M +127.6%
  • HUT 8 CORP$11.2M +132.4%
  • CORE SCIENTIFIC INC NEW$6.5M +50.9%
Show all 19

Top Trims

  • NEBIUS GROUP N.V.-$6.6M -70.4%
  • CLEANSPARK INC-$2.3M -17.3%
  • RAYONIER ADVANCED MATLS INC-$642.0K -29.0%
  • TELEPHONE & DATA SYS INC-$381.8K -12.1%
  • LANDS END INC NEW-$77.8K -13.8%
Show all 7

New Positions

  • BITDEER TECHNOLOGIES GROUP$7.9M
  • IMAX CORP$4.4M
  • HALLADOR ENERGY COMPANY$3.5M
  • MONRO INC$3.4M
  • ZIFF DAVIS INC$3.4M
Show all 14

Exited Positions

  • ENVIRI CORP$8.3M
  • CIPHER DIGITAL INC$5.1M
  • COMTECH TELECOMMUNICATIONS C$836.2K
  • WM TECHNOLOGY INC$374.6K
Show all 4
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 $37.0M 16.29% 1,500,000 SH
2 ECHOSTAR CORP ECHO 278768106 $21.3M 9.37% 210,000 SH
3 GALAXY DIGITAL INC. GLXY 36317J209 $20.5M 9.02% 750,000 SH
4 HUT 8 CORP HUT 44812J104 $19.6M 8.63% 170,000 SH
5 CORE SCIENTIFIC INC NEW CORZ 21874A106 $19.2M 8.44% 750,000 SH
6 CLEANSPARK INC CLSK 18452B209 $10.9M 4.80% 750,000 SH
7 PORCH GROUP INC PRCH 733245104 $10.1M 4.43% 670,000 SH
8 VISTANCE NETWORKS INC VISN 20337X109 $9.6M 4.21% 750,000 SH
9 BITDEER TECHNOLOGIES GROUP BTDR G11448100 $7.9M 3.49% 500,000 SH
10 ANTERIX INC ATEX 03676C100 $7.7M 3.39% 75,000 SH
11 ENERGY VAULT HOLDINGS INC NRGV 29280W109 $6.6M 2.90% 1,400,000 SH
12 IMAX CORP IMAX 45245E109 $4.4M 1.93% 110,000 SH
13 HALLADOR ENERGY COMPANY HNRG 40609P105 $3.5M 1.53% 200,000 SH
14 MONRO INC MNRO 610236101 $3.4M 1.50% 200,000 SH
15 ZIFF DAVIS INC ZD 48123V102 $3.4M 1.50% 65,000 SH
16 INMODE LTD INMD M5425M103 $3.3M 1.45% 225,000 SH
17 CHAIN BRIDGE BANCORP INC CBNA 15746L100 $3.2M 1.40% 75,794 SH
18 SHARONAI HOLDINGS INC SHAZ 778920306 $3.1M 1.38% 37,000 SH
19 HIVE DIGITAL TECHNOLOGIES LT HIVE 433921103 $2.9M 1.28% 800,000 SH
20 KNOT OFFSHORE PARTNERS LP KNOP Y48125101 $2.8M 1.24% 282,982 SH
21 TELEPHONE & DATA SYS INC TDS 879433829 $2.8M 1.22% 75,000 SH
22 NEBIUS GROUP N.V. NBIS N97284108 $2.8M 1.21% 10,000 SH
23 FERMI INC FRMI 314911108 $2.7M 1.21% 300,000 SH
24 PRIORITY TECHNOLOGY HLDGS IN PRTH 74275G107 $2.7M 1.17% 400,000 SH
25 ABIVAX SA ABVX 00370M103 $2.7M 1.17% 20,000 SH
26 ECHOSTAR CORP Call 278768906 $2.0M 0.89% 20,000 SH
27 DOUBLEDOWN INTERACTIVE CO LT DDI 25862B109 $1.7M 0.73% 144,637 SH
28 DIGI PWR X INC DGXX 25380B102 $1.6M 0.72% 300,000 SH
29 UNIQURE NV QURE N90064101 $1.6M 0.71% 35,000 SH
30 RAYONIER ADVANCED MATLS INC RYAM 75508B104 $1.6M 0.69% 200,000 SH
31 BV FINL INC BVFL 05603E208 $1.3M 0.56% 60,616 SH
32 COMSCORE INC SCOR 20564W204 $931.4K 0.41% 126,207 SH
33 KELLY SVCS INC KELYA 488152208 $627.1K 0.28% 51,064 SH
34 WALDENCAST PLC WALD G9503X103 $528.0K 0.23% 300,000 SH
35 FLEXIBLE SOLUTIONS INTL INC FSI 33938T104 $497.9K 0.22% 74,754 SH
36 LANDS END INC NEW LE 51509F105 $484.2K 0.21% 46,200 SH
37 FUEL TECH INC FTEK 359523107 $324.2K 0.14% 146,689 SH
38 ORION PROPERTIES INC ONL 68629Y103 $37.3K 0.02% 12,899 SH
39 CENTURY CASINOS INC CNTY 156492100 $12.8K 0.01% 10,000 SH
40 FRANKLIN STR PPTYS CORP FSP 35471R106 $10.2K 0.00% 19,868 SH
41 AURORA INNOVATION INC AUROW 051774115 $9.7K 0.00% 30,209 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $227.4M 41 0001398344-26-014577
2026-03-31 2026-05-14 $208.6M 42 0001398344-26-009146
2025-12-31 2026-02-18 $138.4M 44 0001398344-26-003321