Beartown Capital Management, LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Beartown Capital Management, LLC maintained a portfolio of 43 distinct positions. The most significant new addition to the portfolio was TERAWULF INC, which now represents 16.61% of the total fund value.
PCA Score Concentration Risk
Risk ENB
Total Positions
43
Quarter
2025 Q4
Top Holding
WULF (16.6%)
Top 10 Concentration
72.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-43 of 43
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
WULF
TERAWULF INC
Financial Services 16.61% #1
Prev: #—
9.5 2,000,000 no change
NEW
2,000,000 $22,980,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SATS
ECHOSTAR CORP
Communication Services 11.78% #2
Prev: #—
9.0 150,000 no change
NEW
150,000 $16,305,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HUT
HUT 8 CORP
Financial Services 8.63% #3
Prev: #—
8.0 260,000 no change
NEW
260,000 $11,944,400 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CORZ
CORE SCIENTIFIC...
Technology 8.42% #4
Prev: #—
7.4 800,000 no change
NEW
800,000 $11,648,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NBIS
NEBIUS GROUP N....
Communication Services 8.17% #5
Prev: #—
7.3 135,000 no change
NEW
135,000 $11,300,175 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NVRI
ENVIRI CORP
Industrials 5.47% #6
Prev: #—
5.7 422,441 no change
NEW
422,441 $7,570,143 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
COMM
COMMSCOPE HLDG ...
Unknown 5.24% #7
Prev: #—
5.6 400,000 no change
NEW
400,000 $7,252,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WULF
TERAWULF INC
CALL
CALL Option 3.32% #8
Prev: #—
4.8 400,000 no change
NEW
400,000 $4,596,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PRCH
PORCH GROUP INC
Financial Services 2.97% #9
Prev: #—
4.7 450,000 no change
NEW
450,000 $4,108,500 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ATEX
ANTERIX INC
Communication Services 2.29% #10
Prev: #—
4.4 145,000 no change
NEW
145,000 $3,165,350 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TDS
TELEPHONE & DAT...
Communication Services 2.22% #11
Prev: #—
4.4 75,000 no change
NEW
75,000 $3,075,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SEM
SELECT MED HLDG...
Healthcare 2.15% #12
Prev: #—
4.4 200,000 no change
NEW
200,000 $2,970,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CORZ
CORE SCIENTIFIC...
CALL
CALL Option 2.10% #13
Prev: #—
4.3 200,000 no change
NEW
200,000 $2,912,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KW
KENNEDY-WILSON ...
Real Estate 2.10% #14
Prev: #—
4.3 300,000 no change
NEW
300,000 $2,901,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NRGV
ENERGY VAULT HO...
Utilities 2.00% #15
Prev: #—
4.3 600,000 no change
NEW
600,000 $2,766,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CBNA
CHAIN BRIDGE BA...
Financial Services 1.90% #16
Prev: #—
4.3 75,794 no change
NEW
75,794 $2,625,504 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PRTH
PRIORITY TECHNO...
Technology 1.58% #17
Prev: #—
4.1 400,000 no change
NEW
400,000 $2,180,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FCNCA
FIRST CTZNS BAN...
Financial Services 1.55% #18
Prev: #—
4.1 1,000 no change
NEW
1,000 $2,146,180 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CENX
CENTURY ALUM CO
Basic Materials 1.42% #19
Prev: #—
4.1 50,000 no change
NEW
50,000 $1,959,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NBIS
NEBIUS GROUP N....
CALL
CALL Option 1.21% #20
Prev: #—
4.0 20,000 no change
NEW
20,000 $1,674,100 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KNOP
KNOT OFFSHORE P...
Energy 1.18% #21
Prev: #—
4.0 157,082 no change
NEW
157,082 $1,625,799 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CMTL
COMTECH TELECOM...
Technology 0.96% #22
Prev: #—
3.9 251,881 no change
NEW
251,881 $1,332,450 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KNOP
KNOT OFFSHORE P...
CALL
CALL Option 0.94% #23
Prev: #—
3.9 125,900 no change
NEW
125,900 $1,303,065 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BVFL
BV FINL INC
Financial Services 0.79% #24
Prev: #—
3.8 60,616 no change
NEW
60,616 $1,099,574 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TALK
TALKSPACE INC
Healthcare 0.79% #25
Prev: #—
3.8 300,000 no change
NEW
300,000 $1,089,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SCOR
COMSCORE INC
Technology 0.59% #26
Prev: #—
3.7 126,207 no change
NEW
126,207 $820,346 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AFBI
AFFINITY BANCSH...
Financial Services 0.45% #27
Prev: #—
3.7 30,416 no change
NEW
30,416 $622,616 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
STRZ
STARZ ENTERTAIN...
Communication Services 0.42% #28
Prev: #—
3.7 50,000 no change
NEW
50,000 $585,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WALD
WALDENCAST PLC
Consumer Defensive 0.41% #29
Prev: #—
3.7 300,000 no change
NEW
300,000 $564,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FSI
FLEXIBLE SOLUTI...
Basic Materials 0.36% #30
Prev: #—
3.6 74,754 no change
NEW
74,754 $502,721 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MAPS
WM TECHNOLOGY I...
Technology 0.34% #31
Prev: #—
3.6 568,883 no change
NEW
568,883 $469,385 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GLIBK
GCI LIBERTY INC
Communication Services 0.27% #32
Prev: #—
3.6 10,000 no change
NEW
10,000 $372,100 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TRS
TRIMAS CORP
Consumer Cyclical 0.26% #33
Prev: #—
3.6 10,000 no change
NEW
10,000 $354,500 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC
Communication Services 0.23% #34
Prev: #—
3.6 1,026 no change
NEW
1,026 $321,959 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WW
WW INTL INC
Healthcare 0.21% #35
Prev: #—
3.6 10,000 no change
NEW
10,000 $292,150 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FTEK
FUEL TECH INC
Industrials 0.18% #36
Prev: #—
3.6 160,027 no change
NEW
160,027 $249,642 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON COM INC
Consumer Cyclical 0.17% #37
Prev: #—
3.6 1,026 no change
NEW
1,026 $236,821 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TTAM
TITAN AMER SA
Basic Materials 0.12% #38
Prev: #—
3.5 10,000 no change
NEW
10,000 $164,800 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LMNR
LIMONEIRA CO
Consumer Defensive 0.12% #39
Prev: #—
3.5 12,892 no change
NEW
12,892 $162,762 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FARM
FARMER BROS CO
Consumer Defensive 0.06% #40
Prev: #—
3.5 54,009 no change
NEW
54,009 $78,853 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FSP
FRANKLIN STR PP...
Real Estate 0.01% #41
Prev: #—
3.5 19,868 no change
NEW
19,868 $18,791 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CNTY
CENTURY CASINOS...
Consumer Cyclical 0.01% #42
Prev: #—
3.5 10,000 no change
NEW
10,000 $13,300 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AUROW
AURORA INNOVATI...
Unknown 0.00% #43
Prev: #—
3.5 30,209 no change
NEW
30,209 $6,800 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-43 of 43 holdings

Unlock Full Beartown Capital Management, LLC Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics