Fund HoldingsPale Fire Capital SE

Total Portfolio Value
$775.80M
Total Bought
$888.95M
Total Sold
$272.13M
Net Transaction
+$616.82M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
COINBASE GLOBAL INC(COIN)(Put)01,271,800+1,271,8000287,605+287,605
TESLA INC(TSLA)(Put)0520,000+520,0000233,854+233,854
ROBINHOOD MKTS INC(HOOD)(Put)01,656,000+1,656,0000187,294+187,294
BAXTER INTL INC02,074,016+2,074,016039,6345.11%+39,634
ZIFF DAVIS INC(ZD)401,8251,209,952+808,12715,31042,5305.48%+27,220
DOLE PLC(DOLE)8,588,0779,372,776+784,699115,424140,49818.11%+25,074
TELADOC HEALTH INC(TDOC)01,944,203+1,944,203013,6091.75%+13,609
I-80 GOLD CORP(IAUX)22,518,15920,668,315-1,849,84421,51430,1763.89%+8,662
CARS COM INC0661,501+661,50108,0701.04%+8,070
LIQUIDIA CORPORATION(LQDA)240,721379,392+138,6715,47413,0851.69%+7,611
FRACTYL HEALTH INC03,209,942+3,209,94207,0620.91%+7,062
SYNDAX PHARMACEUTICALS INC(SNDX)0284,460+284,46005,9770.77%+5,977
ANGI INC1,368,4782,152,919+784,44122,25127,8373.59%+5,586
GALIANO GOLD INC6,655,7357,914,409+1,258,67414,57620,0232.58%+5,447
REGENXBIO INC255,601499,526+243,9252,4677,1930.93%+4,727
IAC INC(PPLI)096,507+96,50703,7730.49%+3,773
ISHARES TR(Put)019,600+19,60003,308+3,308
WIX COM LTD
SHS
031,000+31,00003,2210.42%+3,221
GERON CORP(GERN)2,281,7544,788,594+2,506,8403,1266,3210.81%+3,195
DAY ONE BIOPHARMACEUTICALS I
COM
302,467544,063+241,5962,1325,0710.65%+2,938
NVIDIA CORPORATION(NVDA)(Put)011,000+11,00002,052+2,052
JOURNEY MED CORP228,567444,642+216,0751,6273,4280.44%+1,801
COMMERCE.COM INC298,631748,925+450,2941,4903,0860.40%+1,595
TECTONIC THERAPEUTIC INC259,726261,026+1,3004,0755,4450.70%+1,370
HERON THERAPEUTICS INC471,1901,469,655+998,4655941,9110.25%+1,317
SAGIMET BIOSCIENCES INC0221,875+221,87501,3140.17%+1,314
ABEONA THERAPEUTICS INC0174,705+174,70509210.12%+921
DELCATH SYS INC040,085+40,08504050.05%+405
CRITEO S A(CRTO)018,097+18,09703730.05%+373
CYBIN INC153,505153,50509041,2560.16%+352
AGIOS PHARMACEUTICALS INC(AGIO)011,850+11,85003230.04%+323
ONITY GROUP INC06,833+6,83303130.04%+313
PELTHOS THERAPEUTICS INC08,100+8,10002510.03%+251
ULTRAGENYX PHARMACEUTICAL IN(RARE)010,211+10,21102350.03%+235
RELMADA THERAPEUTICS INC044,550+44,55002150.03%+215
ANNEXON INC(ANNX)038,600+38,60001940.02%+194
HARROW INC(HROW)8,09311,785+3,6923905770.07%+188
PALISADE BIO INC070,710+70,71001660.02%+166
CORBUS PHARMACEUTICALS HLDGS018,650+18,65001520.02%+152
NOVOCURE LTD(NVCR)010,723+10,72301390.02%+139
CULLINAN THERAPEUTICS INC(CGEM)14,61519,318+4,703872000.03%+113
LIFECORE BIOMEDICAL INC64,62071,040+6,4204765810.07%+106
ENGENE HOLDINGS INC
COM
17,25424,004+6,7501182170.03%+99
PERMA-FIX ENVIRONMENTAL SVCS45,27043,220-2,0504575440.07%+87
VIZSLA SILVER CORP(VZLA)30,72838,201+7,4731332090.03%+76
X4 PHARMACEUTICALS INC180,851167,590-13,2616196700.09%+52
NEW PAC METALS CORP25,97828,477+2,499701000.01%+30
LARIMAR THERAPEUTICS INC45,21845,21801461720.02%+26
ADECOAGRO S A
COM
84,63784,63706646710.09%+8
LEXEO THERAPEUTICS INC33,65022,302-11,3482232210.03%-2
OSISKO DEVELOPMENT CORP21,1330-21,133720-72
IMMATICS N.V(IMTX)34,27016,272-17,9982921710.02%-121
AKEBIA THERAPEUTICS INC50,2100-50,2101370-137
BIOHAVEN LTD(BHVN)10,3440-10,3441550-155
MCEWEN INC.(MUX)12,6950-12,6952170-217
TARSUS PHARMACEUTICALS INC(TARS)7,0752,452-4,6234202010.03%-220
AG MTG INVT TR INC30,7280-30,7282220-222
REZOLUTE INC41,92233,519-8,403394790.01%-315
ARROWHEAD PHARMACEUTICALS IN(ARWR)10,1230-10,1233490-349
89BIO INC26,9030-26,9033950-395
AQUESTIVE THERAPEUTICS INC93,1320-93,1325210-521
QUIDELORTHO CORP(QDEL)18,2090-18,2095360-536
NVIDIA CORPORATION(NVDA)(Put)3,0000-3,0005600-560
SPDR INDEX SHS FDS(Put)
PUT
10,0000-10,0006210-621
KURA ONCOLOGY INC(KURA)607,790452,245-155,5455,3794,6990.61%-680
TSAKOS ENERGY NAVIGATION LTD(TEN)340,619295,909-44,7107,5696,6340.86%-934
ADVERUM BIOTECHNOLOGIES INC363,2820-363,2821,6460-1,646
CARIBOU BIOSCIENCES INC775,0550-775,0551,8060-1,806
SHUTTERSTOCK INC154,2780-154,2783,2170-3,217
INTERNATIONAL SEAWAYS INC(INSW)76,0590-76,0593,5050-3,505
NUVATION BIO INC(NUVB)1,444,6470-1,444,6475,3450-5,345
ATAI BECKLEY NV1,080,76845,811-1,034,9575,7171870.02%-5,530
CENTERRA GOLD INC(CGAU)2,335,878591,222-1,744,65625,0648,4961.10%-16,568
MINERALYS THERAPEUTICS INC(MLYS)532,40710,354-522,05320,1893760.05%-19,813
TEVA PHARMACEUTICAL INDS LTD(TEVA)1,689,8110-1,689,81134,1340-34,134
NEW GOLD INC CDA6,211,0370-6,211,03744,5950-44,595
IAMGOLD CORP(IAG)3,930,9980-3,930,99850,8280-50,828
GROUPON INC(GRPN)10,181,07010,181,0700237,728179,28923.11%-58,439
B2GOLD CORP(BTG)50,015,90939,311,603-10,704,306247,579177,29522.85%-70,283
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