# CDC Financial, Inc.: Form 13F holdings

An institutional investment manager in CHICAGO, IL. SEC CIK 2077836.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $238.8m
- Positions: 53 (53 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/2077836/000092189526002169/

## 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 |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [STATE STR SPDR S&P 500 ETF T (SPY)](/companies/spy.md) | TR UNIT | $37.0m | 15.5% | 49,500 | Put | Added +34,300 |
| ISHARES TR | RUSSELL 2000 ETF | $27.6m | 11.6% | 92,000 | Put | New +92,000 |
| INVESCO QQQ TR | UNIT SER 1 | $23.5m | 9.8% | 31,900 | Put | Added +28,400 |
| [HEALTH CATALYST INC (HCAT)](/companies/hcat.md) | COM | $14.1m | 5.9% | 7,092,698 |  | Added +785,644 |
| [INHIBRX BIOSCIENCES INC (INBX)](/companies/inbx.md) | COM | $13.3m | 5.6% | 140,130 |  | Added +15,600 |
| [AMPLIFY ENERGY CORP NEW (AMPY)](/companies/ampy.md) | COM | $10.3m | 4.3% | 2,587,347 |  | Unchanged |
| [LEGALZOOM COM INC (LZ)](/companies/lz.md) | COM | $9.8m | 4.1% | 1,601,436 |  | Added +1,209,371 |
| [ATLAS ENERGY SOLUTIONS INC (AESI)](/companies/aesi.md) | COM NEW | $9.2m | 3.8% | 552,750 |  | Added +34,659 |
| [IMMERSION CORP (IMMR)](/companies/immr.md) | COM | $8.8m | 3.7% | 1,293,007 |  | Reduced −144,390 |
| [CENTURY ALUM CO (CENX)](/companies/cenx.md) | COM | $8.3m | 3.5% | 181,430 |  | Reduced −65,250 |
| [VOX ROYALTY CORP (VOXR)](/companies/voxr.md) | COM | $8.3m | 3.5% | 1,759,374 |  | Added +102,070 |
| [ALGOMA STL GROUP INC (ASTL)](/companies/astl.md) | COM | $7.1m | 3.0% | 1,745,647 |  | Added +131,898 |
| [HUMANA INC (HUM)](/companies/hum.md) | COM | $6.0m | 2.5% | 15,000 | Put | New +15,000 |
| [ADVANCED FLOWER CAP INC (AFCG)](/companies/afcg.md) | COM | $5.6m | 2.3% | 1,797,359 |  | Added +324,181 |
| [INSPIRED ENTMT INC (INSE)](/companies/inse.md) | COM | $4.2m | 1.7% | 506,004 |  | Added +53,559 |
| SIMILARWEB LTD | SHS | $4.1m | 1.7% | 674,233 |  | Added +35,219 |
| [RING ENERGY INC (REI)](/companies/rei.md) | COM | $3.8m | 1.6% | 3,539,562 |  | Added +80,000 |
| [TURTLE BEACH CORP (TBCH)](/companies/tbch.md) | COM NEW | $2.9m | 1.2% | 236,852 |  | Added +82,870 |
| [INHIBRX BIOSCIENCES INC (INBX)](/companies/inbx.md) | COM | $2.8m | 1.2% | 30,000 | Call | Reduced −32,000 |
| [THRYV HLDGS INC (THRY)](/companies/thry.md) | COM NEW | $2.8m | 1.2% | 702,024 |  | Reduced −381,727 |
| GARMIN LTD | SHS | $2.1m | 0.9% | 9,000 | Put | New +9,000 |
| [TARGET CORP (TGT)](/companies/tgt.md) | COM | $2.0m | 0.8% | 15,000 | Put | New +15,000 |
| [RYERSON HLDG CORP (RYZ)](/companies/ryz.md) | COM | $1.9m | 0.8% | 78,446 |  | Reduced −35,714 |
| [TURTLE BEACH CORP (TBCH)](/companies/tbch.md) | COM NEW | $1.9m | 0.8% | 150,000 | Call | New +150,000 |
| [LEGALZOOM COM INC (LZ)](/companies/lz.md) | COM | $1.8m | 0.7% | 290,000 | Call | New +290,000 |
| [CHICAGO ATLANTIC REAL ESTATE (REFI)](/companies/refi.md) | COM | $1.8m | 0.7% | 163,704 |  | Added +22,154 |
| [CHICAGO ATLANTIC BDC INC (LIEN)](/companies/lien.md) | COM | $1.7m | 0.7% | 177,391 |  | Added +17,773 |
| [VONTIER CORPORATION (VNT)](/companies/vnt.md) | COM | $1.4m | 0.6% | 50,000 |  | Reduced −2,000 |
| [AERSALE CORPORATION (ASLE)](/companies/asle.md) | COM | $1.4m | 0.6% | 217,495 |  | Reduced −85,000 |
| [INNOVATIVE INDL PPTYS INC (IIPR)](/companies/iipr.md) | COM | $1.2m | 0.5% | 20,000 | Put | Unchanged |
| [CRONOS GROUP INC (CRON)](/companies/cron.md) | COM | $1.2m | 0.5% | 433,133 |  | Reduced −493,699 |
| [SERVICENOW INC (NOW)](/companies/now.md) | COM | $1.1m | 0.5% | 11,400 |  | Reduced −1,600 |
| RISKIFIED LTD | SHS CL A | $1.1m | 0.5% | 219,155 |  | Reduced −102,000 |
| [SALESFORCE INC (CRM)](/companies/crm.md) | COM | $1.1m | 0.5% | 7,000 |  | Added +1,000 |
| [GROUPON INC (GRPN)](/companies/grpn.md) | COM NEW | $962.4k | 0.4% | 40,000 | Call | New +40,000 |
| [ZENTALIS PHARMACEUTICALS INC (ZNTL)](/companies/zntl.md) | COM | $862.1k | 0.4% | 177,762 |  | Reduced −106,000 |
| [WEALTHFRONT CORP (WLTH)](/companies/wlth.md) | COM | $854.0k | 0.4% | 95,523 |  | Reduced −4,000 |
| [SERVICENOW INC (NOW)](/companies/now.md) | COM | $695.0k | 0.3% | 7,000 | Call | Reduced −14,000 |
| [COREWEAVE INC (CRWV)](/companies/crwv.md) | COM CL A | $666.9k | 0.3% | 6,700 | Put | New +6,700 |
| [DUOS TECHNOLOGIES GROUP INC (DUOT)](/companies/duot.md) | COM | $480.0k | 0.2% | 40,000 |  | New +40,000 |
| SPROTT FDS TR | JUNIOR URANIUM | $471.6k | 0.2% | 20,300 |  | Reduced −11,000 |
| [OPERA LTD (OPRA)](/companies/opra.md) | SPONSORED ADS | $466.9k | 0.2% | 23,546 |  | Reduced −17,454 |
| [ANTERO RESOURCES CORP (AR)](/companies/ar.md) | COM | $421.7k | 0.2% | 12,000 |  | New +12,000 |
| [SHENANDOAH TELECOMMUNICATION (SHEN)](/companies/shen.md) | COM | $336.3k | 0.1% | 22,300 |  | Added +9,000 |
| [NETGEAR INC (NTGR)](/companies/ntgr.md) | COM | $326.9k | 0.1% | 14,000 |  | New +14,000 |
| [SALESFORCE INC (CRM)](/companies/crm.md) | COM | $313.3k | 0.1% | 2,000 | Call | Reduced −10,800 |
| [COURSERA INC (COUR)](/companies/cour.md) | COM | $225.6k | <0.1% | 40,000 |  | New +40,000 |
| [ALGOMA STL GROUP INC (ASTL)](/companies/astl.md) | COM | $162.0k | <0.1% | 40,000 | Call | Reduced −100,000 |
| ALGOMA STL GROUP INC | \*W EXP 10/19/202 | $124.6k | <0.1% | 4,153,996 |  | Unchanged |
| SKINHEALTH SYSTEMS INC | COM CL A | $82.4k | <0.1% | 119,000 |  | New +119,000 |
| [MATCH GROUP INC NEW (MTCH)](/companies/mtch.md) | COM | $76.1k | <0.1% | 2,000 |  | Reduced −27,500 |
| [INTERACTIVE BROKERS GROUP IN (IBKR)](/companies/ibkr.md) | COM CL A | $43.5k | <0.1% | 500 |  | New +500 |
| [C4 THERAPEUTICS INC (CCCC)](/companies/cccc.md) | COM STK | $4.7k | <0.1% | 1,000 |  | New +1,000 |

## 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 |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [APPLE INC (AAPL)](/companies/aapl.md) | COM | $0 | 0.0% | 0 | Put | Sold out −32,500 |
| [ATLAS ENERGY SOLUTIONS INC (AESI)](/companies/aesi.md) | COM NEW | $0 | 0.0% | 0 | Call | Sold out −330,000 |
| [CINTAS CORP (CTAS)](/companies/ctas.md) | COM | $0 | 0.0% | 0 | Put | Sold out −7,000 |
| [COMMERCIAL VEH GROUP INC (CVGI)](/companies/cvgi.md) | COM | $0 | 0.0% | 0 |  | Sold out −4,653 |
| GOHEALTH INC | CL A NEW | $0 | 0.0% | 0 |  | Sold out −753,033 |
| [INTAPP INC (INTA)](/companies/inta.md) | COM | $0 | 0.0% | 0 |  | Sold out −20,918 |
| [SANUWAVE HEALTH INC (SNWV)](/companies/snwv.md) | COM | $0 | 0.0% | 0 |  | Sold out −6,500 |
| [TECK RESOURCES LTD (TECK)](/companies/teck.md) | CL B | $0 | 0.0% | 0 |  | Sold out −3,550 |
| [UPWORK INC (UPWK)](/companies/upwk.md) | COM | $0 | 0.0% | 0 | Put | Sold out −47,000 |
| [UPWORK INC (UPWK)](/companies/upwk.md) | COM | $0 | 0.0% | 0 |  | Sold out −47,000 |
| [VILLAGE FARMS INTL INC (VFF)](/companies/vff.md) | COM | $0 | 0.0% | 0 |  | Sold out −27,000 |

Source: SEC EDGAR, Form 13F-HR, accession 0000921895-26-002169. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.