Sandia Investment Management LP — 13F Holdings & Portfolio
CIK 1880562 · latest 13F-HR filed 2026-02-17
Sandia Investment Management LP manages $40.1M in 13F-reported U.S. long-equity assets across 128 reported positions as of its 2025-12-31 13F-HR filing. Its largest disclosed positions are HYAC (9.93%), BEAG (3.10%), RGS (2.28%). Quarter over quarter (versus its 2025-09-30 filing) the fund opened 44 new positions and exited 22; 27 existing positions rose in reported value and 40 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 2026-02-17
vs 2025-09-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q4 25Box 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
Q3 25 → Q4 25Estimated 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
2 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 = 29.6%Cumulative share of the portfolio held in the largest N positions.
| Name | Title / Status | Ownership | Type |
|---|
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)
- HAYMAKER ACQUISITION CORP IV$1.7M +75.6%
- LEGENCE CORP$546.2K +177.3%
- NETSKOPE INC$474.3K +208.7%
- CARIS LIFE SCIENCES INC$376.6K +144.8%
- BULLISH$366.0K +2876.7%
Top Trims
- FACT II ACQUISITION CORP-$1.0M -79.8%
- BOLD EAGLE ACQUISITION CORP-$636.2K -33.8%
- LIVE OAK ACQUISITION CORP V-$505.0K -49.5%
- LOAR HOLDINGS INC-$441.4K -73.7%
- SMITHFIELD FOODS INC-$363.7K -62.0%
New Positions
- STURM RUGER & CO INC$864.7K
- MEDLINE INC$840.0K
- ALLIANCE LAUNDRY HLDGS INC$804.3K
- SILICON VY ACQUISITION CORP$745.9K
- UL SOLUTIONS INC$515.4K
Exited Positions
- WEBULL CORP$953.9K
- BLEICHROEDER ACQUISITION COR$910.0K
- AA MISSION ACQUISITION CORP$526.0K
- EQV VENTURES ACQUISITION COR$519.0K
- NUVALENT INC$475.6K
Sandia Investment Management LP Holdings (2025-12-31)
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 | HAYMAKER ACQUISITION CORP IV | HYAC | G4375F108 | $4.0M | 9.93% | 349,987 | SH |
| 2 | BOLD EAGLE ACQUISITION CORP | BEAG | G2003N105 | $1.2M | 3.10% | 117,662 | SH |
| 3 | REGIS CORPORATION | RGS | 758932206 | $914.0K | 2.28% | 32,936 | SH |
| 4 | STURM RUGER & CO INC | RGR | 864159108 | $864.7K | 2.16% | 26,485 | SH |
| 5 | LEGENCE CORP | LGN | 52476L109 | $854.3K | 2.13% | 19,850 | SH |
| 6 | MEDLINE INC | MDLN | 58507V107 | $840.0K | 2.09% | 20,000 | SH |
| 7 | ALLIANCE LAUNDRY HLDGS INC | ALH | 01862Q107 | $804.3K | 2.01% | 39,522 | SH |
| 8 | WATERBRIDGE INFRASTRUCTURE L | WBI | 940923105 | $800.4K | 2.00% | 40,000 | SH |
| 9 | SILICON VY ACQUISITION CORP | SVAQU | G81306105 | $745.9K | 1.86% | 75,000 | SH |
| 10 | NETSKOPE INC | NTSK | 64119N608 | $701.6K | 1.75% | 40,000 | SH |
| 11 | CARIS LIFE SCIENCES INC | CAI | 142152107 | $636.7K | 1.59% | 23,600 | SH |
| 12 | GORES HLDGS X INC | GTEN | G4002F109 | $631.7K | 1.58% | 61,632 | SH |
| 13 | STONEBRIDGE ACQUISITION II C | APACU | G85096124 | $602.4K | 1.50% | 60,000 | SH |
| 14 | MIAMI INTL HLDGS INC | MIAX | 59356Q108 | $576.9K | 1.44% | 13,000 | SH |
| 15 | ROMAN DBDR ACQUISITION CORP | DRDB | G7633M104 | $521.9K | 1.30% | 50,038 | SH |
| 16 | UL SOLUTIONS INC | ULS | 903731107 | $515.4K | 1.29% | 6,535 | SH |
| 17 | LIVE OAK ACQUISITION CORP V | LOKVW | G5509P102 | $515.0K | 1.28% | 50,000 | SH |
| 18 | CANTOR EQUITY PARTNERS V INC | CEPV | G1828S109 | $512.5K | 1.28% | 50,000 | SH |
| 19 | AI INFRASTRUCTURE ACQUISI | AIIA.U | G01336125 | $509.0K | 1.27% | 50,000 | SH |
| 20 | M3-BRIGADE ACQUISITION VI CO | MBVIU | G63221124 | $506.2K | 1.26% | 50,000 | SH |
| 21 | VINE HILL CAP INVTS CORP II | VHCPU | G9709D125 | $501.1K | 1.25% | 50,000 | SH |
| 22 | HALL CHADWICK ACQUISITION CO | HCACU | G42386121 | $501.0K | 1.25% | 50,000 | SH |
| 23 | BLUEROCK ACQUISITION CORP | BLRKU | G1352R121 | $500.0K | 1.25% | 50,000 | SH |
| 24 | ITHAX ACQUISITION CORP III | ITHAU | G4977S128 | $498.8K | 1.24% | 50,000 | SH |
| 25 | BITCOIN INFRASTRUCTURE ACQUI | BIXIU | G1143H127 | $498.0K | 1.24% | 50,000 | SH |
| 26 | TGE VALUE CREATIVE SOLUTIONS | BEBE.U | G8773E126 | $497.0K | 1.24% | 50,000 | SH |
| 27 | VIA TRANSN INC | VIA | 92556W104 | $494.6K | 1.23% | 17,048 | SH |
| 28 | INVEST GREEN ACQUISITION COR | IGACU | G4924G128 | $471.4K | 1.18% | 47,000 | SH |
| 29 | HEARTFLOW INC | HTFL | 42238D107 | $464.0K | 1.16% | 15,917 | SH |
| 30 | AA MISSION ACQUISITION CORP | YCY.U | G1000S117 | $450.8K | 1.12% | 44,700 | SH |
| 31 | BLACK ROCK COFFEE BAR INC | BRCB | 092244102 | $445.0K | 1.11% | 20,000 | SH |
| 32 | ANTERIX INC | ATEX | 03676C100 | $436.6K | 1.09% | 20,000 | SH |
| 33 | SILVERBOX CORP V | SBXE.U | G8148S123 | $434.1K | 1.08% | 43,150 | SH |
| 34 | ITT INC | ITT | 45073V108 | $433.8K | 1.08% | 2,500 | SH |
| 35 | STANDARDAERO INC | SARO | 85423L103 | $430.2K | 1.07% | 15,000 | SH |
| 36 | SONIDA SENIOR LIVING INC | SNDA | 140475203 | $411.3K | 1.03% | 12,612 | SH |
| 37 | FIGURE TECHNOLOGY SOLUTIO | FIGR | 349381103 | $408.4K | 1.02% | 10,000 | SH |
| 38 | REVOLUTION MEDICINES INC | RVMD | 76155X100 | $398.2K | 0.99% | 5,000 | SH |
| 39 | CIRCLE INTERNET GROUP INC | CRCL | 172573107 | $396.5K | 0.99% | 5,000 | SH |
| 40 | CENTURI HOLDINGS INC | CTRI | 155923105 | $378.8K | 0.94% | 15,000 | SH |
| 41 | BULLISH | BLSH | G16910120 | $378.7K | 0.94% | 10,000 | SH |
| 42 | BRIGHTSPRING HEALTH SVCS INC | BTSG | 10950A106 | $374.5K | 0.93% | 10,000 | SH |
| 43 | KODIAK GAS SVCS INC | KGS | 50012A108 | $374.0K | 0.93% | 10,000 | SH |
| 44 | KLARNA GROUP PLC | KLAR | G5279N105 | $358.6K | 0.89% | 12,404 | SH |
| 45 | VIKING ACQUISITION CORP I | VACI.U | G9582G120 | $352.4K | 0.88% | 35,000 | SH |
| 46 | ALDEL FINL II INC | ALDF | G01558108 | $314.7K | 0.78% | 30,000 | SH |
| 47 | CHIME FINL INC | CHYM | 16935C109 | $314.6K | 0.78% | 12,500 | SH |
| 48 | NEPTUNE INS HLDGS INC | NP | 64073B103 | $306.2K | 0.76% | 10,500 | SH |
| 49 | COREBRIDGE FINL INC | CRBG | 21871X109 | $301.7K | 0.75% | 10,000 | SH |
| 50 | PACS GROUP INC | PACS | 69380Q107 | $287.9K | 0.72% | 7,500 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-12-31 | 2026-02-17 | $40.1M | 128 | 0001880562-26-000002 |
| 2025-09-30 | 2025-11-14 | $33.6M | 106 | 0001880562-25-000011 |