CDC Financial, Inc. — 13F Holdings & Portfolio
CIK 2077836 · latest 13F-HR filed 2026-08-14
CDC Financial, Inc. manages $238.8M in 13F-reported U.S. long-equity assets across 53 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (15.48%), IWM (11.57%), QQQ (9.84%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 7 new positions and exited 7; 14 existing positions rose in reported value and 15 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
3 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 = 72.8%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)
- LEGALZOOM COM INC$7.6M +341.6%
- HEALTH CATALYST INC$6.1M +76.2%
- INHIBRX BIOSCIENCES INC$4.9M +58.6%
- SIMILARWEB LTD$2.5M +147.8%
- ATLAS ENERGY SOLUTIONS INC$2.4M +35.1%
Top Trims
- CENTURY ALUM CO-$6.1M -42.3%
- AMPLIFY ENERGY CORP NEW-$5.8M -36.2%
- RING ENERGY INC-$1.5M -27.8%
- CRONOS GROUP INC-$1.1M -48.2%
- MATCH GROUP INC NEW-$829.8K -91.6%
New Positions
- DUOS TECHNOLOGIES GROUP INC$480.0K
- ANTERO RESOURCES CORP$421.7K
- NETGEAR INC$326.9K
- COURSERA INC$225.6K
- SKINHEALTH SYSTEMS INC$82.4K
Exited Positions
- GOHEALTH INC$1.1M
- INTAPP INC$537.4K
- UPWORK INC$515.1K
- TECK RESOURCES LTD$183.7K
- SANUWAVE HEALTH INC$112.4K
CDC Financial, Inc. 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 Put | SPY | 78462F103 | $37.0M | 15.48% | 49,500 | SH |
| 2 | ISHARES TR Put | IWM | 464287655 | $27.6M | 11.57% | 92,000 | SH |
| 3 | INVESCO QQQ TR Put | QQQ | 46090E103 | $23.5M | 9.84% | 31,900 | SH |
| 4 | HEALTH CATALYST INC | HCAT | 42225T107 | $14.1M | 5.91% | 7,092,698 | SH |
| 5 | INHIBRX BIOSCIENCES INC | INBX | 45720N103 | $13.3M | 5.56% | 140,130 | SH |
| 6 | AMPLIFY ENERGY CORP NEW | AMPY | 03212B103 | $10.3M | 4.31% | 2,587,347 | SH |
| 7 | LEGALZOOM COM INC | LZ | 52466B103 | $9.8M | 4.11% | 1,601,436 | SH |
| 8 | ATLAS ENERGY SOLUTIONS INC | AESI | 642045108 | $9.2M | 3.84% | 552,750 | SH |
| 9 | IMMERSION CORP | IMMR | 452521107 | $8.8M | 3.67% | 1,293,007 | SH |
| 10 | CENTURY ALUM CO | CENX | 156431108 | $8.3M | 3.50% | 181,430 | SH |
| 11 | VOX ROYALTY CORP | VOXR | 92919F103 | $8.3M | 3.48% | 1,759,374 | SH |
| 12 | ALGOMA STL GROUP INC | ASTL | 015658107 | $7.1M | 2.96% | 1,745,647 | SH |
| 13 | HUMANA INC Put | HUM | 444859102 | $6.0M | 2.49% | 15,000 | SH |
| 14 | ADVANCED FLOWER CAP INC | AFCG | 00109K105 | $5.6M | 2.33% | 1,797,359 | SH |
| 15 | INSPIRED ENTMT INC | INSE | 45782N108 | $4.2M | 1.75% | 506,004 | SH |
| 16 | SIMILARWEB LTD | SMWB | M84137104 | $4.1M | 1.73% | 674,233 | SH |
| 17 | RING ENERGY INC | REI | 76680V108 | $3.8M | 1.60% | 3,539,562 | SH |
| 18 | TURTLE BEACH CORP | TBCH | 900450206 | $2.9M | 1.23% | 236,852 | SH |
| 19 | INHIBRX BIOSCIENCES INC Call | INBX | 45720N103 | $2.8M | 1.19% | 30,000 | SH |
| 20 | THRYV HLDGS INC | THRY | 886029206 | $2.8M | 1.16% | 702,024 | SH |
| 21 | GARMIN LTD Put | GRMN | H2906T109 | $2.1M | 0.90% | 9,000 | SH |
| 22 | TARGET CORP Put | TGT | 87612E106 | $2.0M | 0.82% | 15,000 | SH |
| 23 | RYERSON HLDG CORP | RYZ | 783754104 | $1.9M | 0.81% | 78,446 | SH |
| 24 | TURTLE BEACH CORP Call | TBCH | 900450206 | $1.9M | 0.78% | 150,000 | SH |
| 25 | LEGALZOOM COM INC Call | LZ | 52466B103 | $1.8M | 0.74% | 290,000 | SH |
| 26 | CHICAGO ATLANTIC REAL ESTATE | REFI | 167239102 | $1.8M | 0.73% | 163,704 | SH |
| 27 | CHICAGO ATLANTIC BDC INC | LIEN | 828174102 | $1.7M | 0.73% | 177,391 | SH |
| 28 | VONTIER CORPORATION | VNT | 928881101 | $1.4M | 0.61% | 50,000 | SH |
| 29 | AERSALE CORPORATION | ASLE | 00810F106 | $1.4M | 0.58% | 217,495 | SH |
| 30 | INNOVATIVE INDL PPTYS INC Put | IIPR | 45781V101 | $1.2M | 0.52% | 20,000 | SH |
| 31 | CRONOS GROUP INC | CRON | 22717L101 | $1.2M | 0.50% | 433,133 | SH |
| 32 | SERVICENOW INC | NOW | 81762P102 | $1.1M | 0.47% | 11,400 | SH |
| 33 | RISKIFIED LTD | RSKD | M8216R109 | $1.1M | 0.46% | 219,155 | SH |
| 34 | SALESFORCE INC | CRM | 79466L302 | $1.1M | 0.46% | 7,000 | SH |
| 35 | GROUPON INC Call | GRPN | 399473206 | $962.4K | 0.40% | 40,000 | SH |
| 36 | ZENTALIS PHARMACEUTICALS INC | ZNTL | 98943L107 | $862.1K | 0.36% | 177,762 | SH |
| 37 | WEALTHFRONT CORP | WLTH | 947002101 | $854.0K | 0.36% | 95,523 | SH |
| 38 | SERVICENOW INC Call | NOW | 81762P102 | $695.0K | 0.29% | 7,000 | SH |
| 39 | COREWEAVE INC Put | CRWV | 21873S108 | $666.9K | 0.28% | 6,700 | SH |
| 40 | DUOS TECHNOLOGIES GROUP INC | DUOT | 266042407 | $480.0K | 0.20% | 40,000 | SH |
| 41 | SPROTT FDS TR | URNJ | 85208P808 | $471.6K | 0.20% | 20,300 | SH |
| 42 | OPERA LTD | OPRA | 68373M107 | $466.9K | 0.20% | 23,546 | SH |
| 43 | ANTERO RESOURCES CORP | AR | 03674X106 | $421.7K | 0.18% | 12,000 | SH |
| 44 | SHENANDOAH TELECOMMUNICATION | SHEN | 82312B106 | $336.3K | 0.14% | 22,300 | SH |
| 45 | NETGEAR INC | NTGR | 64111Q104 | $326.9K | 0.14% | 14,000 | SH |
| 46 | SALESFORCE INC Call | CRM | 79466L302 | $313.3K | 0.13% | 2,000 | SH |
| 47 | COURSERA INC | COUR | 22266M104 | $225.6K | 0.09% | 40,000 | SH |
| 48 | ALGOMA STL GROUP INC Call | ASTL | 015658107 | $162.0K | 0.07% | 40,000 | SH |
| 49 | ALGOMA STL GROUP INC | ASTLW | 015658115 | $124.6K | 0.05% | 4,153,996 | SH |
| 50 | SKINHEALTH SYSTEMS INC | SKIN | 88331L108 | $82.4K | 0.03% | 119,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $238.8M | 53 | 0000921895-26-002169 |
| 2026-03-31 | 2026-05-15 | $157.2M | 49 | 0000921895-26-001386 |
| 2025-12-31 | 2026-02-13 | $213.6M | 40 | 0000921895-26-000358 |
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