Fund HoldingsUrsa Fund Management, LLC

Total Portfolio Value
$2.44B
Total Bought
$2.43B
Total Sold
$75.80M
Net Transaction
+$2.35B
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
MICROSOFT CORP(MSFT)(Put)01,359,400+1,359,4000657,433+657,433
MICROSOFT CORP(MSFT)01,337,400+1,337,4000646,79326.52%+646,793
APPLE INC(AAPL)0500,000+500,0000135,9305.57%+135,930
APPLE INC(AAPL)(Put)0500,000+500,0000135,930+135,930
JPMORGAN CHASE & CO.(JPM)0370,000+370,0000119,2214.89%+119,221
JPMORGAN CHASE & CO.(JPM)(Put)0370,000+370,0000119,221+119,221
NVIDIA CORPORATION(NVDA)(Put)0580,900+580,9000108,338+108,338
NVIDIA CORPORATION(NVDA)0580,900+580,9000108,3384.44%+108,338
AMAZON COM INC(AMZN)(Put)0233,500+233,500053,896+53,896
AMAZON COM INC(AMZN)0233,500+233,500053,8962.21%+53,896
ALPHABET INC(GOOG)(Put)0150,000+150,000046,950+46,950
ALPHABET INC(GOOG)0150,000+150,000046,9501.93%+46,950
META PLATFORMS INC(META)(Put)060,000+60,000039,605+39,605
META PLATFORMS INC(META)(Call)055,000+55,000036,305+36,305
TESLA INC(TSLA)050,900+50,900022,8910.94%+22,891
TESLA INC(TSLA)(Put)050,900+50,900022,801+22,801
MICROSOFT CORP(MSFT)(Call)022,000+22,000010,640+10,640
KRANESHARES TRUST(Call)0300,000+300,000010,215+10,215
KRANESHARES TRUST(Put)0300,000+300,000010,215+10,215
ISHARES TR(Put)15,00050,000+35,0003,62912,308+8,679
NETFLIX INC(NFLX)(Put)057,000+57,00005,344+5,344
NETFLIX INC(NFLX)057,000+57,00005,3440.22%+5,344
GLOBAL X FDS
GLOBAL X URANIUM
085,700+85,70003,6620.15%+3,662
META PLATFORMS INC(META)05,000+5,00003,3000.14%+3,300
GLOBAL X FDS(Put)
GLOBAL X URANIUM
075,000+75,00003,205+3,205
IAC INC(PPLI)075,000+75,00002,9330.12%+2,933
AMPLIFY ETF TR081,500+81,50002,2550.09%+2,255
GCI LIBERTY INC(GLIBA)(Call)055,700+55,70002,073+2,073
GLOBAL X FDS(Put)
GLOBAL X SILVER
016,900+16,90001,411+1,411
GLOBAL X FDS
GLOBAL X SILVER
016,900+16,90001,4110.06%+1,411
FIDELITY WISE ORIGIN BITCOIN(FBTC)10,00020,000+10,0009981,5250.06%+527
LENDINGCLUB CORP(HAPN)(Call)020,000+20,0000379+379
LENDINGCLUB CORP(HAPN)010,000+10,00001890.01%+189
GLOBAL X FDS(Put)
GLOBAL X COPPER
02,400+2,4000172+172
SPROTT FDS TR(Put)
SILVER MINERS
01,900+1,9000159+159
GLOBAL X FDS
GLOBAL X COPPER
01,900+1,90001360.01%+136
SPROTT FDS TR
SILVER MINERS
01,900+1,90001060.00%+106
STRIVE INC(ASST)044,500+44,5000330.00%+33
MSP RECOVERY INC18,878,6490-18,878,649380-38
STRIVE INC(ASST)(Call)63,500150,000+86,500159111-48
WHEELER REAL ESTATE INVT TR197,292148,592-48,7008357710.03%-63
DDC ENTERPRISE LTD15,4000-15,4001310-131
SERITAGE GROWTH PPTYS170,000170,00007235530.02%-170
VIRGIN GALACTIC HOLDINGS INC50,0000-50,0001930-193
RIOT PLATFORMS INC(RIOT)(Call)50,00050,0000952634-318
PLUG POWER INC(PLUG)200,0000-200,0004660-466
SEMLER SCIENTIFIC INC17,5000-17,5005250-525
ISHARES BITCOIN TRUST ETF(IBIT)55,00057,200+2,2003,5752,8400.12%-735
STRIVE INC(ASST)(Put)560,2000-560,2001,4010-1,400
FIDELITY WISE ORIGIN BITCOIN(FBTC)(Put)60,0000-60,0005,9890-5,989
ROCKET COS INC(RKT)(Put)491,7000-491,7009,5290-9,529
APARTMENT INVT & MGMT CO(Put)2,000,0000-2,000,00015,8600-15,860
MR COOPER GROUP INC92,6950-92,69519,5390-19,539
APARTMENT INVT & MGMT CO3,100,000423,600-2,676,40024,5832,5160.10%-22,067
Page 1 of 1