AI Portfolio Summary
In 2025 Q4, Spark Investment Management LLC maintained a portfolio of 29 distinct positions. The most significant new addition to the portfolio was NEW GOLD INC CDA, which now represents 6.05% of the total fund value. Conversely, Spark Investment Management LLC completely exited their position in SANDSTORM GOLD LTD.
Total Positions
29
Quarter
2025 Q4
Top Holding
AMZN (24.8%)
Top 10 Concentration
78.2%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 29
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 24.81% | 23.81% |
#1
Prev: #1
|
7.0 | no change | no change |
P
S
|
43,180 | $9,966,808 | 2016 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SPOT
SPOTIFY TECHNOL...
|
Communication Services | 10.12% | 12.27% |
#2
1
Prev: #3
|
6.5 | no change | no change |
P
S
|
7,000 | $4,064,970 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TSLA
TESLA INC
|
Consumer Cyclical | 6.72% | 6.70% |
#3
2
Prev: #5
|
4.7 | no change | no change |
P
S
|
6,000 | $2,698,320 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CLS
CELESTICA INC
|
Technology | 6.63% | 16.68% |
#4
2
Prev: #2
|
3.2 | -18,000 | -66.7% |
P
S
|
9,000 | $2,662,371 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NGD
NEW GOLD INC CD...
|
Basic Materials | 6.05% | — |
#5
Prev: #—
|
6.4 | 279,000 | no change |
NEW
|
279,000 | $2,431,223 | 2015 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VET
VERMILION ENERG...
|
Energy | 5.74% | — |
#6
Prev: #—
|
5.8 | 277,000 | no change |
NEW
|
277,000 | $2,304,809 | 2013 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KGC
KINROSS GOLD CO...
|
Basic Materials | 5.61% | 6.11% |
#7
1
Prev: #6
|
2.7 | -18,000 | -18.4% |
P
S
|
80,000 | $2,253,416 | 2014 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TFPM
TRIPLE FLAG PRE...
|
Basic Materials | 4.80% | 7.94% |
#8
4
Prev: #4
|
1.9 | -50,000 | -46.3% |
P
S
|
58,000 | $1,927,421 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OTEX
OPEN TEXT CORP
|
Technology | 4.38% | 3.75% |
#9
1
Prev: #8
|
4.3 | 14,000 | 35.0% |
P
S
|
54,000 | $1,758,694 | 2013 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DOOO
BRP INC
|
Consumer Cyclical | 3.34% | — |
#10
Prev: #—
|
4.8 | 19,000 | no change |
NEW
|
19,000 | $1,343,501 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
NVIDIA CORPORAT...
|
Technology | 3.20% | 4.03% |
#11
4
Prev: #7
|
1.8 | -1,700 | -19.8% |
P
S
|
6,900 | $1,286,850 | 2012 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LSPD
LIGHTSPEED COMM...
|
Technology | 2.85% | 2.26% |
#12
1
Prev: #11
|
3.6 | 17,000 | 21.8% |
P
S
|
95,000 | $1,146,232 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EFXT
ENERFLEX LTD
|
Energy | 2.30% | — |
#13
Prev: #—
|
4.4 | 60,000 | no change |
NEW
|
60,000 | $925,032 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MNDY
MONDAY COM LTD
|
Technology | 2.17% | 2.87% |
#14
4
Prev: #10
|
1.9 | no change | no change |
P
S
|
5,900 | $870,604 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SII
SPROTT INC
|
Financial Services | 1.95% | 1.67% |
#15
1
Prev: #14
|
1.8 | no change | no change |
P
S
|
8,000 | $783,624 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TWLO
TWILIO INC
|
Technology | 1.84% | 1.31% |
#16
Prev: #16
|
1.7 | no change | no change |
P
S
|
5,200 | $739,648 | 2016 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OBE
OBSIDIAN ENERGY...
|
Energy | 1.48% | — |
#17
Prev: #—
|
4.1 | 97,000 | no change |
NEW
|
97,000 | $595,077 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CGAU
CENTERRA GOLD I...
|
Basic Materials | 1.47% | — |
#18
Prev: #—
|
4.1 | 41,000 | no change |
NEW
|
41,000 | $590,281 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XYZ
BLOCK INC
|
Technology | 1.41% | 1.58% |
#19
4
Prev: #15
|
1.6 | no change | no change |
P
S
|
8,700 | $566,283 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PDS
PRECISION DRILL...
|
Energy | 0.71% | — |
#20
Prev: #—
|
3.8 | 4,000 | no change |
NEW
|
4,000 | $287,039 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SLSR
SOLARIS RES INC
|
Basic Materials | 0.64% | 0.43% |
#21
3
Prev: #18
|
2.3 | 5,000 | 18.5% |
P
S
|
32,000 | $256,467 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BIRD
ALLBIRDS INC
|
Consumer Cyclical | 0.59% | 0.82% |
#22
5
Prev: #17
|
1.2 | no change | no change |
P
S
|
57,634 | $236,299 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FOSL
FOSSIL GROUP IN...
|
Consumer Cyclical | 0.52% | 0.36% |
#23
4
Prev: #19
|
1.2 | no change | no change |
P
S
|
55,900 | $210,184 | 2017 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOS
CANADA GOOSE HL...
|
Consumer Cyclical | 0.52% | — |
#24
Prev: #—
|
3.7 | 16,000 | no change |
NEW
|
16,000 | $207,389 | 2017 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HITI
HIGH TIDE INC
|
Healthcare | 0.11% | — |
#25
Prev: #—
|
3.5 | 16,000 | no change |
NEW
|
16,000 | $42,783 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SAND
SANDSTORM GOLD ...
|
Unknown | 0.00% | 3.49% |
Sold All 😨
(Was: #9) |
0.0 | -111,000 | -100.0% |
CLOSED
|
— | $— | 2012 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CCJ
CAMECO CORP
|
Energy | 0.00% | 2.11% |
Sold All 😨
(Was: #12) |
0.0 | -10,000 | -100.0% |
CLOSED
|
— | $— | 2012 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ASM
AVINO SILVER & ...
|
Basic Materials | 0.00% | 1.80% |
Sold All 😨
(Was: #13) |
0.0 | -137,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 29 holdings