Black Maple Capital Management LP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Black Maple Capital Management LP maintained a portfolio of 114 distinct positions. The most significant new addition to the portfolio was OSISKO DEVELOPMENT C, which now represents 3.95% of the total fund value. They heavily accumulated shares in WESTERN ALLIANCE BAN, increasing their position by 103.3%. Conversely, Black Maple Capital Management LP completely exited their position in 89BIO INC.
PCA Score Concentration Risk
Risk ENB
Total Positions
114
Quarter
2025 Q4
Top Holding
SPY (13.6%)
Top 10 Concentration
54.5%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 114
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
SPY
SPDR S&P 500 ET...
ETF 13.64% 13.65% #1 1
Prev: #2
5.6 -13,700 -32.4%
P
S
28,583 $19,491,319 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WAL
WESTERN ALLIANC...
Financial Services 6.52% 2.29% #2 7
Prev: #9
4.9 56,284 103.3%
P
S
110,776 $9,312,938 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SPY
SPDR S&P 500 ET...
PUT
PUT Option 5.25% 27.28% #3 2
Prev: #1
2.4 -73,500 -87.0%
P
S
11,000 $7,501,120 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PNFP
PINNACLE FINL P...
Financial Services 5.25% 3.62% #4
Prev: #4
2.1 -1,078 -1.4%
P
S
78,559 $7,495,314 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HBAN
HUNTINGTON BANC...
Financial Services 5.22% 0.45% #5 34
Prev: #39
4.4 377,000 707.3%
P
S
430,300 $7,465,705 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RSP
INVESCO EXCHANG...
Unknown 4.70% 3.31% #6 1
Prev: #5
1.9 -1,000 -2.8%
P
S
35,050 $6,714,178 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ODV
OSISKO DEVELOPM...
Basic Materials 3.95% #7
Prev: #—
3.6 1,618,010 no change
NEW
1,618,010 $5,646,855 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EQT
EQT CORP
Energy 3.68% 2.36% #8 1
Prev: #7
3.5 8,696 9.7%
P
S
98,039 $5,254,890 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
UBER
UBER TECHNOLOGI...
Technology 3.29% 1.66% #9 4
Prev: #13
3.5 22,500 64.3%
P
S
57,500 $4,698,325 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
OZK
BANK OZK LITTLE...
Financial Services 2.98% 0.10% #10 66
Prev: #76
3.5 88,672 2216.8%
P
S
92,672 $4,264,765 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 2.73% 1.56% #11 3
Prev: #14
3.2 1,550 35.5%
P
S
5,920 $3,907,733 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BANC
BANC OF CALIFOR...
Financial Services 2.33% 0.77% #12 11
Prev: #23
3.2 76,343 79.3%
P
S
172,612 $3,329,685 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
EWJ
ISHARES INC
ETF 2.21% 1.52% #13 2
Prev: #15
0.9 no change no change
P
S
39,159 $3,161,698 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EOG
EOG RES INC
Energy 2.13% #14
Prev: #—
2.9 29,000 no change
NEW
29,000 $3,045,290 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
EWU
ISHARES TR
ETF 2.08% 1.04% #15 3
Prev: #18
2.9 16,400 32.0%
P
S
67,610 $2,973,488 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ALK
ALASKA AIR GROU...
Industrials 1.99% #16
Prev: #—
2.8 56,500 no change
NEW
56,500 $2,841,950 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MBIN
MERCHANTS BANCO...
Financial Services 1.96% 1.99% #17 7
Prev: #10
0.9 -47,005 -36.4%
P
S
82,092 $2,796,054 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
FEZ
SPDR INDEX SHS ...
Unknown 1.43% 0.96% #18 2
Prev: #20
0.6 no change no change
P
S
31,800 $2,047,602 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SNV
SYNOVUS FINL CO...
Financial Services 1.39% 0.54% #19 10
Prev: #29
2.8 16,900 74.1%
P
S
39,700 $1,986,985 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BAC
BANK AMERICA CO...
Financial Services 1.32% #20
Prev: #—
2.5 34,300 no change
NEW
34,300 $1,886,500 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
KCCA
KRANESHARES TRU...
Unknown 1.24% 0.87% #21
Prev: #21
0.5 no change no change
P
S
105,517 $1,773,741 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
INDA
ISHARES TR
ETF 1.13% 0.58% #22 5
Prev: #27
2.5 7,000 30.4%
P
S
30,000 $1,621,500 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LIEN
CHICAGO ATLANTI...
Financial Services 0.98% 0.80% #23 1
Prev: #22
0.4 -20,676 -13.2%
P
S
135,920 $1,404,054 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DDI
DOUBLEDOWN INTE...
Communication Services 0.98% 0.45% #24 16
Prev: #40
2.6 63,324 64.3%
P
S
161,768 $1,396,058 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LNSR
LENSAR INC
Healthcare 0.95% 0.70% #25 1
Prev: #24
0.4 no change no change
P
S
117,340 $1,364,664 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ETNB
89BIO INC
Unknown 0.00% 2.29%
Sold All 😨
(Was: #8)
0.3 -321,616 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EXE
EXPAND ENERGY C...
Energy 0.00% 1.80%
Sold All 😨
(Was: #11)
0.3 -34,941 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
COLB
COLUMBIA BKG SY...
Financial Services 0.00% 1.38%
Sold All 😨
(Was: #16)
0.3 -110,760 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LYFT
LYFT INC
PUT
PUT Option 0.00% 1.37%
Sold All 😨
(Was: #17)
0.3 -128,500 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
INTC
INTEL CORP
Technology 0.00% 0.52%
Sold All 😨
(Was: #30)
0.3 -32,000 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CMA
COMERICA INC
Financial Services 0.00% 0.49%
Sold All 😨
(Was: #31)
0.3 -14,800 -100.0%
CLOSED
$— 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
IEF
ISHARES TR
ETF 0.00% 0.47%
Sold All 😨
(Was: #36)
0.3 -10,000 -100.0%
CLOSED
$— 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GDX
VANECK ETF TRUS...
PUT
PUT Option 0.00% 0.45%
Sold All 😨
(Was: #38)
0.3 -12,200 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
INTC
INTEL CORP
PUT
PUT Option 0.00% 0.44%
Sold All 😨
(Was: #42)
0.3 -27,000 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
EWU
ISHARES TR
CALL
CALL Option 0.00% 0.41%
Sold All 😨
(Was: #44)
0.3 -20,400 -100.0%
CLOSED
$— 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NVO
NOVO-NORDISK A ...
Healthcare 0.00% 0.32%
Sold All 😨
(Was: #46)
0.3 -11,999 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LYFT
LYFT INC
Technology 0.00% 0.28%
Sold All 😨
(Was: #49)
0.3 -26,039 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NVO
NOVO-NORDISK A ...
PUT
PUT Option 0.00% 0.27%
Sold All 😨
(Was: #50)
0.3 -10,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SYF
SYNCHRONY FINAN...
Financial Services 0.00% 0.26%
Sold All 😨
(Was: #52)
0.3 -7,500 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
INDA
ISHARES TR
CALL
CALL Option 0.00% 0.25%
Sold All 😨
(Was: #53)
0.3 -10,000 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MU
MICRON TECHNOLO...
PUT
PUT Option 0.00% 0.25%
Sold All 😨
(Was: #54)
0.3 -3,100 -100.0%
CLOSED
$— 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PEBO
PEOPLES BANCORP...
Financial Services 0.00% 0.19%
Sold All 😨
(Was: #62)
0.3 -12,793 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GDXJ
VANECK ETF TRUS...
PUT
PUT Option 0.00% 0.12%
Sold All 😨
(Was: #70)
0.3 -2,500 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CWBC
COMMUNITY WEST ...
Financial Services 0.00% 0.11%
Sold All 😨
(Was: #73)
0.3 -10,805 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CARE
CARTER BANKSHAR...
Financial Services 0.00% 0.09%
Sold All 😨
(Was: #77)
0.3 -10,000 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
XLE
SELECT SECTOR S...
PUT
PUT Option 0.00% 0.09%
Sold All 😨
(Was: #79)
0.3 -2,000 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XLE
SELECT SECTOR S...
Unknown 0.00% 0.09%
Sold All 😨
(Was: #78)
0.3 -2,000 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FFWM
FIRST FNDTN INC
Financial Services 0.00% 0.08%
Sold All 😨
(Was: #80)
0.3 -30,431 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BTBT
BIT DIGITAL INC
Financial Services 0.00% 0.07%
Sold All 😨
(Was: #83)
0.3 -50,000 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BTBT
BIT DIGITAL INC
PUT
PUT Option 0.00% 0.06%
Sold All 😨
(Was: #84)
0.3 -40,000 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MRVL
MARVELL TECHNOL...
CALL
CALL Option 0.00% 0.05%
Sold All 😨
(Was: #88)
0.3 -1,300 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MRVL
MARVELL TECHNOL...
PUT
PUT Option 0.00% 0.04%
Sold All 😨
(Was: #92)
0.3 -1,000 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SGRP
SPAR GROUP INC
Industrials 0.00% 0.01%
Sold All 😨
(Was: #93)
0.3 -27,466 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 114 holdings

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