Fund HoldingsAristides Capital LLC

Total Portfolio Value
$565.40M
Total Bought
$147.35M
Total Sold
$214.39M
Net Transaction
-$67.05M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
D-WAVE QUANTUM INC(QBTS)(Put)400,0001,333,000+933,0009,88434,858+24,974
ROBINHOOD MKTS INC(Put)0120,000+120,000013,572+13,572
ISHARES SILVER TR(SLV)(Put)0185,000+185,000011,918+11,918
ACCENTURE PLC IRELAND(Call)
CALL
018,000+18,00004,829+4,829
TAIWAN SEMICONDUCTOR MFG LTD SPONSOR(Put)015,800+15,80004,801+4,801
ISHARES SILVER TR(SLV)073,600+73,60004,7410.84%+4,741
APPLOVIN CORP(APP)(Put)6,50012,900+6,4004,6718,692+4,022
ACCENTURE PLC IRELAND
SHS CLASS A
026,279+26,27907,0511.25%+7,051
M-TRON INDS INC7,00054,054+47,0543882,8770.51%+2,488
ITURAN LOCATION AND CONTROL
SHS
280,395283,405+3,01010,01612,1892.16%+2,174
CARTERS INC(CRI)073,416+73,41602,3810.42%+2,381
AKAMAI TECHNOLOGIES INC(AKAM)042,346+42,34603,6950.65%+3,695
SOLARIS ENERGY INFRAS INC(Put)
PUT
0145,400+145,40006,684+6,684
DELTA AIR LINES INC DEL(DAL)0125,332+125,33208,6981.54%+8,698
SELECT SECTOR SPDR TR
ST STR UTIL ETF
042,196+42,19601,8010.32%+1,801
SPDR SERIES TRUST
ST STR CONV ETF
018,166+18,16601,6200.29%+1,620
INTERCONTINENTAL EXCHANGE IN(ICE)010,000+10,00001,6200.29%+1,620
CARVANA CO(CVNA)(Put)33,70033,700012,71314,222+1,509
ALPHABET INC(GOOG)62,48053,140-9,34015,18916,6332.94%+1,444
FLUENCE ENERGY INC(FLNC)00001,2220.22%+1,222
JOHNSON OUTDOORS INC90,440113,004+22,5643,6534,7970.85%+1,144
GENPACT LIMITED
SHS
56,57874,248+17,6702,3703,4730.61%+1,103
GRAYSCALE ETHEREUM TRUST ETF(ETHE)044,985+44,98501,0960.19%+1,096
IRADIMED CORP(IRMD)027,734+27,73402,6980.48%+2,698
SIMPSON MFG INC(SSD)07,341+7,34101,1850.21%+1,185
BOOKING HOLDINGS INC(BKNG)0644+64403,4490.61%+3,449
CAMECO CORP(CCJ)024,018+24,01802,1970.39%+2,197
CELCUITY INC(CELC)15,00015,303+3037411,5260.27%+785
TORO CO013,312+13,31201,0480.19%+1,048
INVESCO QQQ TR15,61016,350+7409,37210,0441.78%+672
BANK UTICA/NY03,572+3,57201,8930.33%+1,893
ACI WORLDWIDE INC31,35344,895+13,5421,6542,1460.38%+492
TURNING PT BRANDS INC(TPB)89,36086,010-3,3508,8349,3231.65%+489
ISHARES TR60,00062,720+2,7207,1307,5381.33%+408
BROADWIND INC0128,133+128,13303630.06%+363
ENVIRI CORP020,000+20,00003580.06%+358
AIRBNB INC017,967+17,96702,4380.43%+2,438
BK TECHNOLOGIES CORPORATION04,487+4,48703350.06%+335
ALPHA COGNITION INC0215,458+215,45801,4000.25%+1,400
NATIONAL PRESTO INDS INC(NPK)03,028+3,02803230.06%+323
NATURES SUNSHINE PRODS INC040,907+40,90708830.16%+883
NAVIOS MARITIME PARTNERS L P COM U(NMM)05,405+5,40502830.05%+283
POTLATCHDELTIC CORPORATION16,80023,800+7,0006859470.17%+262
GREIF INC(GEF)019,895+19,89501,4860.26%+1,486
BLACKBAUD INC(BLKB)25,00029,476+4,4761,6081,8660.33%+259
THARIMMUNE INC083,500+83,50002530.04%+253
MIDDLEBY CORP(MIDD)01,676+1,67602490.04%+249
HACKETT GROUP INC0172,373+172,37303,3840.60%+3,384
BANK UTICA N Y013,884+13,88407,1781.27%+7,178
PRECISION DRILLING CORP(PDS)03,133+3,13302250.04%+225
REV GROUP INC03,701+3,70102250.04%+225
IBOTTA INC09,700+9,70002200.04%+220
BUMBLE INC060,000+60,00002140.04%+214
CRA INTL INC(CRAI)01,066+1,06602140.04%+214
CVR PARTNERS LP(UAN)02,084+2,08402140.04%+214
ADTALEM GLOBAL ED INC(CVSA)02,062+2,06202130.04%+213
PERRIGO CO PLC(PRGO)015,200+15,20002120.04%+212
MADISON SQUARE GARDEN ENTMT(MSGE)03,915+3,91502110.04%+211
NWPX INFRASTRUCTURE INC(NWPX)03,369+3,36902110.04%+211
THRYV HLDGS INC034,700+34,70002100.04%+210
EXLSERVICE HOLDINGS INC(EXLS)04,920+4,92002090.04%+209
MOOG INC(MOG-A)0856+85602080.04%+208
SIX FLAGS ENTERTAINMENT CORP(FUN)013,500+13,50002070.04%+207
CORECIVIC INC(CXW)010,811+10,81102070.04%+207
EMPERY DIGITAL INC044,800+44,80002050.04%+205
BOYD GAMING CORP(BYD)02,399+2,39902040.04%+204
THERMON GROUP HLDGS INC05,501+5,50102040.04%+204
IDT CORP(IDT)03,988+3,98802040.04%+204
ENERPAC TOOL GROUP CORP(EPAC)05,324+5,32402040.04%+204
SITE CTRS CORP031,700+31,70002040.04%+204
BARRETT BUSINESS SVCS INC05,618+5,61802030.04%+203
FTI CONSULTING INC(FCN)01,189+1,18902030.04%+203
LIFEMD INC059,500+59,50002030.04%+203
HARMONIC INC(HLIT)020,460+20,46002020.04%+202
ORION S.A.038,200+38,20002020.04%+202
TENNANT CO(TNC)02,727+2,72702010.04%+201
AMERICAN BITCOIN CORP.0117,600+117,60002000.04%+200
BAUSCH HEALTH COS INC028,639+28,63901990.04%+199
AIRO GROUP HLDGS INC024,100+24,10001970.03%+197
PORTILLOS INC043,400+43,40001970.03%+197
NEXTNAV INC(NN)(Put)084,100+84,10001,399+1,399
ACADIA HEALTHCARE COMPANY IN(ACHC)013,800+13,80001960.03%+196
EVOLENT HEALTH INC048,800+48,80001950.03%+195
SURF AIR MOBILITY INC0100,600+100,60001950.03%+195
TILLYS INC0160,373+160,37303190.06%+319
HIGHPEAK ENERGY INC(HPK)041,000+41,00001940.03%+194
MNTN INC(MNTN)016,000+16,00001910.03%+191
READY CAPITAL CORP086,900+86,90001890.03%+189
VISA INC(V)08,180+8,18002,8690.51%+2,869
KINDERCARE LEARNING COMPANIE043,700+43,70001890.03%+189
TSS INC DEL026,700+26,70001890.03%+189
NEURONETICS INC0136,400+136,40001880.03%+188
NPK INTERNATIONAL INC(NPKI)015,754+15,75401880.03%+188
CEA INDUSTRIES INC029,200+29,20001870.03%+187
DEFI DEVELOPMENT CORP037,100+37,10001870.03%+187
OWENS & MINOR INC NEW066,800+66,80001870.03%+187
ALIGHT INC095,600+95,60001860.03%+186
SWEETGREEN INC027,300+27,30001850.03%+185
ENERGY RECOVERY INC013,516+13,51601820.03%+182
NEW FORTRESS ENERGY INC0159,600+159,60001820.03%+182
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