AI Portfolio Summary
In 2025 Q4, Rangeley Capital, LLC maintained a portfolio of 176 distinct positions. The most significant new addition to the portfolio was WARNER BROS DISCOVER, which now represents 5.17% of the total fund value. The fund also reduced its exposure to ISHARES TR by 75.0%.
Total Positions
176
Quarter
2025 Q4
Top Holding
WBD (5.2%)
Top 10 Concentration
38.3%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 176
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
WBD
WARNER BROS DIS...
|
Communication Services | 5.17% | — |
#1
Prev: #—
|
7.6 | 216,000 | no change |
NEW
|
216,000 | $6,225,120 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GDEN
GOLDEN ENTMT IN...
|
Consumer Cyclical | 4.74% | — |
#2
Prev: #—
|
6.9 | 209,881 | no change |
NEW
|
209,881 | $5,706,664 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CLMT
CALUMET INC
|
Basic Materials | 4.28% | 5.23% |
#3
1
Prev: #2
|
2.7 | -71,700 | -21.7% |
P
S
|
259,300 | $5,152,291 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PRTA
PROTHENA CORP P...
|
Healthcare | 4.16% | 4.73% |
#4
Prev: #4
|
2.7 | -35,857 | -6.4% |
P
S
|
524,600 | $5,009,930 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
YEXT
YEXT INC
|
Technology | 3.92% | 4.02% |
#5
2
Prev: #7
|
4.1 | 40,360 | 7.4% |
P
S
|
585,360 | $4,718,002 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ARVN
ARVINAS INC
|
Healthcare | 3.90% | 5.13% |
#6
3
Prev: #3
|
1.6 | -299,600 | -43.1% |
P
S
|
395,800 | $4,694,188 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ABUS
ARBUTUS BIOPHAR...
|
Healthcare | 3.36% | 3.30% |
#7
2
Prev: #9
|
2.3 | no change | no change |
P
S
|
840,000 | $4,040,400 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RNA
AVIDITY BIOSCIE...
|
Healthcare | 3.23% | — |
#8
Prev: #—
|
4.8 | 54,000 | no change |
NEW
|
54,000 | $3,895,020 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RPTX
REPARE THERAPEU...
|
Healthcare | 2.78% | 0.98% |
#9
15
Prev: #24
|
4.1 | 641,953 | 99.4% |
P
S
|
1,287,829 | $3,348,355 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KW
KENNEDY-WILSON ...
|
Real Estate | 2.75% | — |
#10
Prev: #—
|
4.6 | 342,000 | no change |
NEW
|
342,000 | $3,307,140 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SEG
SEAPORT ENTMT G...
|
Real Estate | 2.52% | 3.05% |
#11
1
Prev: #10
|
1.5 | -483 | -0.3% |
P
S
|
153,517 | $3,035,031 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DK
DELEK US HLDGS ...
|
Energy | 2.51% | 5.75% |
#12
11
Prev: #1
|
1.0 | -104,000 | -50.5% |
P
S
|
102,000 | $3,025,320 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
BERTO ACQUISITI...
|
—
|
Unknown | 2.44% | 2.85% |
#13
2
Prev: #11
|
1.5 | -27,536 | -8.7% |
P
S
|
289,514 | $2,935,672 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
GRND
GRINDR INC
|
Technology | 2.38% | — |
#14
Prev: #—
|
4.5 | 212,000 | no change |
NEW
|
212,000 | $2,870,480 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SATS
ECHOSTAR CORP
|
Communication Services | 2.17% | 1.52% |
#15
3
Prev: #18
|
1.4 | 1,000 | 4.3% |
P
S
|
24,000 | $2,608,800 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PLYM
PLYMOUTH INDL R...
|
Real Estate | 2.07% | — |
#16
Prev: #—
|
4.3 | 114,000 | no change |
NEW
|
114,000 | $2,494,320 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FLL
FULL HSE RESORT...
|
Consumer Cyclical | 1.94% | 2.47% |
#17
5
Prev: #12
|
1.3 | 4,990 | 0.6% |
P
S
|
896,000 | $2,338,560 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KROS
KEROS THERAPEUT...
|
Healthcare | 1.64% | 3.54% |
#18
10
Prev: #8
|
0.7 | -161,819 | -62.6% |
P
S
|
96,800 | $1,970,848 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CWAN
CLEARWATER ANAL...
|
Technology | 1.60% | — |
#19
Prev: #—
|
4.1 | 80,000 | no change |
NEW
|
80,000 | $1,929,600 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FWRD
FORWARD AIR COR...
|
Industrials | 1.58% | 0.61% |
#20
21
Prev: #41
|
3.6 | 48,600 | 177.4% |
P
S
|
76,000 | $1,900,000 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SEPN
SEPTERNA INC
|
Healthcare | 1.52% | 1.43% |
#21
2
Prev: #19
|
0.6 | -22,200 | -25.2% |
P
S
|
65,800 | $1,834,504 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NLOP
NET LEASE OFFIC...
|
Real Estate | 1.47% | 1.80% |
#22
5
Prev: #17
|
1.1 | -1,520 | -2.2% |
P
S
|
68,480 | $1,766,099 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WBD
CALL
WARNER BROS DIS...
|
CALL Option | 1.40% | — |
#23
Prev: #—
|
4.1 | 58,600 | no change |
NEW
|
58,600 | $1,688,852 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MRSN
MERSANA THERAPE...
|
Healthcare | 1.37% | — |
#24
Prev: #—
|
4.0 | 57,098 | no change |
NEW
|
57,098 | $1,651,845 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AVDL
AVADEL PHARMACE...
|
Healthcare | 1.36% | — |
#25
Prev: #—
|
4.0 | 75,953 | no change |
NEW
|
75,953 | $1,636,787 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BHF
BRIGHTHOUSE FIN...
|
Financial Services | 1.35% | 0.45% |
#26
25
Prev: #51
|
3.5 | 15,150 | 153.8% |
P
S
|
25,000 | $1,619,750 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
STHO
STAR HLDGS
|
Bond/Debt | 1.28% | 1.26% |
#27
7
Prev: #20
|
2.5 | 10,100 | 5.7% |
P
S
|
187,100 | $1,539,833 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LEG
LEGGETT & PLATT...
|
Consumer Cyclical | 1.24% | — |
#28
Prev: #—
|
4.0 | 135,930 | no change |
NEW
|
135,930 | $1,495,230 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CORZW
CORE SCIENTIFIC...
|
Unknown | 1.17% | 2.11% |
#29
14
Prev: #15
|
0.5 | -39,800 | -29.2% |
P
S
|
96,400 | $1,403,584 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CDZI
CADIZ INC
|
Utilities | 1.16% | 2.11% |
#30
14
Prev: #16
|
0.5 | -267,000 | -51.7% |
P
S
|
249,000 | $1,396,890 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IWM
PUT
ISHARES TR
|
PUT Option | 1.02% | 4.19% |
#31
25
Prev: #6
|
0.4 | -15,000 | -75.0% |
P
S
|
5,000 | $1,230,800 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SEM
SELECT MED HLDG...
|
Healthcare | 1.00% | — |
#32
Prev: #—
|
3.9 | 81,072 | no change |
NEW
|
81,072 | $1,203,919 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OMEX
ODYSSEY MARINE ...
|
Basic Materials | 0.99% | 0.81% |
#33
2
Prev: #31
|
2.9 | 129,271 | 27.0% |
P
S
|
608,749 | $1,193,148 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RGR
STURM RUGER & C...
|
Industrials | 0.95% | — |
#34
Prev: #—
|
3.9 | 35,107 | no change |
NEW
|
35,107 | $1,146,244 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SWKH
SWK HLDGS CORP
|
Financial Services | 0.90% | 0.52% |
#35
12
Prev: #47
|
3.4 | 22,000 | 53.7% |
P
S
|
63,000 | $1,083,600 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KURA
KURA ONCOLOGY I...
|
Healthcare | 0.89% | 0.92% |
#36
10
Prev: #26
|
0.9 | -17,100 | -14.2% |
P
S
|
102,900 | $1,069,131 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GLUE
MONTE ROSA THER...
|
Healthcare | 0.88% | 0.72% |
#37
2
Prev: #35
|
0.4 | -45,500 | -40.3% |
P
S
|
67,500 | $1,058,400 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TGNA
TEGNA INC
|
Communication Services | 0.85% | 0.18% |
#38
51
Prev: #89
|
3.3 | 43,000 | 430.0% |
P
S
|
53,000 | $1,028,730 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BCYC
BICYCLE THERAPE...
|
Healthcare | 0.78% | 0.87% |
#39
9
Prev: #30
|
0.8 | 2,000 | 1.5% |
P
S
|
132,000 | $934,560 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ZIM
ZIM INTEGRATED ...
|
Industrials | 0.72% | — |
#40
Prev: #—
|
3.8 | 41,052 | no change |
NEW
|
41,052 | $871,534 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PL
PLANET LABS PBC
|
Industrials | 0.66% | — |
#41
Prev: #—
|
3.8 | 40,000 | no change |
NEW
|
40,000 | $788,800 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LNSR
LENSAR INC
|
Healthcare | 0.57% | 0.59% |
#42
Prev: #42
|
2.2 | 4,000 | 7.3% |
P
S
|
59,000 | $686,170 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HGV
HILTON GRAND VA...
|
Consumer Cyclical | 0.56% | 0.54% |
#43
2
Prev: #45
|
1.2 | no change | no change |
P
S
|
15,000 | $671,250 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
WEN ACQUISITION...
|
—
|
Unknown | 0.52% | 0.74% |
#44
12
Prev: #32
|
0.2 | -21,650 | -25.7% |
P
S
|
62,530 | $631,553 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
GENERATION BIO ...
|
—
|
Unknown | 0.46% | — |
#45
Prev: #—
|
3.7 | 98,280 | no change |
NEW
|
98,280 | $558,230 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
EM
SMART SH GLOBAL...
|
Consumer Cyclical | 0.46% | 0.73% |
#46
13
Prev: #33
|
0.2 | -149,400 | -23.9% |
P
S
|
476,600 | $557,622 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FWRD
CALL
FORWARD AIR COR...
|
CALL Option | 0.46% | 0.45% |
#47
5
Prev: #52
|
2.2 | 2,200 | 10.9% |
P
S
|
22,300 | $557,500 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KORE
KORE GROUP HLDG...
|
Communication Services | 0.46% | — |
#48
Prev: #—
|
3.7 | 131,347 | no change |
NEW
|
131,347 | $554,284 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KZR
KEZAR LIFE SCIE...
|
Healthcare | 0.45% | — |
#49
Prev: #—
|
3.7 | 85,926 | no change |
NEW
|
85,926 | $540,475 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ABVX
ABIVAX SA
|
Healthcare | 0.45% | 0.44% |
#50
3
Prev: #53
|
0.2 | -2,000 | -33.3% |
P
S
|
4,000 | $539,420 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 176 holdings