# Beartown Capital Management, LLC: Form 13F holdings

An institutional investment manager in HUNTINGTON WOODS, MI. SEC CIK 1877162.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $227.4m
- Positions: 41 (41 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1877162/000139834426014577/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [TERAWULF INC (WULF)](/companies/wulf.md) | COM | $37.0m | 16.3% | 1,500,000 |  | Reduced −75,000 |
| [ECHOSTAR CORP (ECHO)](/companies/echo.md) | CL A | $21.3m | 9.4% | 210,000 |  | Added +130,000 |
| [GALAXY DIGITAL INC. (GLXY)](/companies/glxy.md) | CL A | $20.5m | 9.0% | 750,000 |  | Added +700,000 |
| [HUT 8 CORP (HUT)](/companies/hut.md) | COM | $19.6m | 8.6% | 170,000 |  | Reduced −10,000 |
| [CORE SCIENTIFIC INC NEW (CORZ)](/companies/corz.md) | COM | $19.2m | 8.4% | 750,000 |  | Reduced −100,000 |
| [CLEANSPARK INC (CLSK)](/companies/clsk.md) | COM NEW | $10.9m | 4.8% | 750,000 |  | Reduced −800,000 |
| [PORCH GROUP INC (PRCH)](/companies/prch.md) | COM | $10.1m | 4.4% | 670,000 |  | Added +20,000 |
| [VISTANCE NETWORKS INC (VISN)](/companies/visn.md) | COM | $9.6m | 4.2% | 750,000 |  | Added +350,000 |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | $7.9m | 3.5% | 500,000 |  | New +500,000 |
| [ANTERIX INC (ATEX)](/companies/atex.md) | COM | $7.7m | 3.4% | 75,000 |  | Reduced −25,000 |
| [ENERGY VAULT HOLDINGS INC (NRGV)](/companies/nrgv.md) | COM | $6.6m | 2.9% | 1,400,000 |  | Unchanged |
| [IMAX CORP (IMAX)](/companies/imax.md) | COM | $4.4m | 1.9% | 110,000 |  | New +110,000 |
| [HALLADOR ENERGY COMPANY (HNRG)](/companies/hnrg.md) | COM | $3.5m | 1.5% | 200,000 |  | New +200,000 |
| [MONRO INC (MNRO)](/companies/mnro.md) | COM | $3.4m | 1.5% | 200,000 |  | New +200,000 |
| [ZIFF DAVIS INC (ZD)](/companies/zd.md) | COM | $3.4m | 1.5% | 65,000 |  | New +65,000 |
| INMODE LTD | SHS | $3.3m | 1.4% | 225,000 |  | New +225,000 |
| [CHAIN BRIDGE BANCORP INC (CBNA)](/companies/cbna.md) | CL A | $3.2m | 1.4% | 75,794 |  | Unchanged |
| [SHARONAI HOLDINGS INC (SHAZ)](/companies/shaz.md) | COM CL A | $3.1m | 1.4% | 37,000 |  | New +37,000 |
| [HIVE DIGITAL TECHNOLOGIES LT (HIVE)](/companies/hive.md) | COM NEW | $2.9m | 1.3% | 800,000 |  | New +800,000 |
| KNOT OFFSHORE PARTNERS LP | COM UNITS | $2.8m | 1.2% | 282,982 |  | Added +125,900 |
| [TELEPHONE & DATA SYS INC (TDS)](/companies/tds.md) | COM NEW | $2.8m | 1.2% | 75,000 |  | Unchanged |
| NEBIUS GROUP N.V. | SHS CLASS A | $2.8m | 1.2% | 10,000 |  | Reduced −80,000 |
| [FERMI INC (FRMI)](/companies/frmi.md) | COM | $2.7m | 1.2% | 300,000 |  | New +300,000 |
| [PRIORITY TECHNOLOGY HLDGS IN (PRTH)](/companies/prth.md) | COM | $2.7m | 1.2% | 400,000 |  | Unchanged |
| [ABIVAX SA (ABVX)](/companies/abvx.md) | SPONSORED ADS | $2.7m | 1.2% | 20,000 |  | New +20,000 |
| ECHOSTAR CORP | CL A | $2.0m | 0.9% | 20,000 | Call | New +20,000 |
| [DOUBLEDOWN INTERACTIVE CO LT (DDI)](/companies/ddi.md) | ADS | $1.7m | 0.7% | 144,637 |  | New +144,637 |
| [DIGI PWR X INC (DGXX)](/companies/dgxx.md) | COM SUB VTG | $1.6m | 0.7% | 300,000 |  | New +300,000 |
| UNIQURE NV | SHS | $1.6m | 0.7% | 35,000 |  | New +35,000 |
| [RAYONIER ADVANCED MATLS INC (RYAM)](/companies/ryam.md) | COM | $1.6m | 0.7% | 200,000 |  | Unchanged |
| [BV FINL INC (BVFL)](/companies/bvfl.md) | COM NEW | $1.3m | 0.6% | 60,616 |  | Unchanged |
| [COMSCORE INC (SCOR)](/companies/scor.md) | COM NEW | $931.4k | 0.4% | 126,207 |  | Unchanged |
| [KELLY SVCS INC (KELYA)](/companies/kelya.md) | CL A | $627.1k | 0.3% | 51,064 |  | New +51,064 |
| WALDENCAST PLC | CLASS A ORD SHS | $528.0k | 0.2% | 300,000 |  | Unchanged |
| [FLEXIBLE SOLUTIONS INTL INC (FSI)](/companies/fsi.md) | COM | $497.9k | 0.2% | 74,754 |  | Unchanged |
| [LANDS END INC NEW (LE)](/companies/le.md) | COM | $484.2k | 0.2% | 46,200 |  | Reduced −3,800 |
| [FUEL TECH INC (FTEK)](/companies/ftek.md) | COM | $324.2k | 0.1% | 146,689 |  | Unchanged |
| [ORION PROPERTIES INC (ONL)](/companies/onl.md) | COM | $37.3k | <0.1% | 12,899 |  | Unchanged |
| [CENTURY CASINOS INC (CNTY)](/companies/cnty.md) | COM | $12.8k | <0.1% | 10,000 |  | Unchanged |
| [FRANKLIN STR PPTYS CORP (FSP)](/companies/fsp.md) | COM | $10.2k | <0.1% | 19,868 |  | Unchanged |
| [AURORA INNOVATION INC (AUR)](/companies/aur.md) | \*W EXP 11/03/202 | $9.7k | <0.1% | 30,209 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| BITDEER TECHNOLOGIES GROUP | CL A ORD SHS | $0 | 0.0% | 0 | Call | Sold out −1,000,000 |
| [BORGWARNER INC (BWA)](/companies/bwa.md) | COM | $0 | 0.0% | 0 | Call | Sold out −50,000 |
| [CIPHER DIGITAL INC (CIFR)](/companies/cifr.md) | COM | $0 | 0.0% | 0 |  | Sold out −400,000 |
| [CLEANSPARK INC (CLSK)](/companies/clsk.md) | COM NEW | $0 | 0.0% | 0 | Call | Sold out −1,700,000 |
| [COMTECH TELECOMMUNICATIONS C (CMTL)](/companies/cmtl.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −251,881 |
| [CORE SCIENTIFIC INC NEW (CORZ)](/companies/corz.md) | COM | $0 | 0.0% | 0 | Call | Sold out −600,000 |
| [ECHOSTAR CORP (ECHO)](/companies/echo.md) | CL A | $0 | 0.0% | 0 | Call | Sold out −20,000 |
| ENVIRI CORP | COM | $0 | 0.0% | 0 |  | Sold out −422,441 |
| [GALAXY DIGITAL INC. (GLXY)](/companies/glxy.md) | CL A | $0 | 0.0% | 0 | Call | Sold out −50,000 |
| [HUT 8 CORP (HUT)](/companies/hut.md) | COM | $0 | 0.0% | 0 | Call | Sold out −25,000 |
| INVESCO QQQ TR | UNIT SER 1 | $0 | 0.0% | 0 | Put | Sold out −20,000 |
| KNOT OFFSHORE PARTNERS LP | COM UNITS | $0 | 0.0% | 0 | Call | Sold out −125,900 |
| NEBIUS GROUP N.V. | SHS CLASS A | $0 | 0.0% | 0 | Call | Sold out −30,000 |
| [STATE STR SPDR S&P 500 ETF T (SPY)](/companies/spy.md) | TR UNIT | $0 | 0.0% | 0 | Put | Sold out −30,000 |
| [TERAWULF INC (WULF)](/companies/wulf.md) | COM | $0 | 0.0% | 0 | Call | Sold out −500,000 |
| [WM TECHNOLOGY INC (MAPS)](/companies/maps.md) | COM | $0 | 0.0% | 0 |  | Sold out −568,883 |

Source: SEC EDGAR, Form 13F-HR, accession 0001398344-26-014577. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.