13F HOLDINGS REPORT
Black Maple Capital Management LP
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001214659-26-001958
Total Value
$142.9M
Positions
86
Other Managers
0
Confidential Omitted
No
Holdings (86)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 28,583 | $19.5M | 13.64% |
| 2 | WESTERN ALLIANCE BANCORP | WAL-PA | 110,776 | $9.3M | 6.52% |
| 3 | SPDR S&P 500 ETF TR | SPY | 11,000 | $7.5M | 5.25% |
| 4 | PINNACLE FINL PARTNERS INC | 72346Q104 | 78,559 | $7.5M | 5.25% |
| 5 | HUNTINGTON BANCSHARES INC | HBANP | 430,300 | $7.5M | 5.22% |
| 6 | INVESCO EXCHANGE TRADED FD T | IVZ | 35,050 | $6.7M | 4.70% |
| 7 | OSISKO DEVELOPMENT CORP | OSDVF | 1,618,010 | $5.6M | 3.95% |
| 8 | EQT CORP | EQT | 98,039 | $5.3M | 3.68% |
| 9 | UBER TECHNOLOGIES INC | UBER | 57,500 | $4.7M | 3.29% |
| 10 | BANK OZK LITTLE ROCK ARK | OZKAP | 92,672 | $4.3M | 2.98% |
| 11 | META PLATFORMS INC | META | 5,920 | $3.9M | 2.73% |
| 12 | BANC OF CALIFORNIA INC | BANC-PF | 172,612 | $3.3M | 2.33% |
| 13 | ISHARES INC | 46434G822 | 39,159 | $3.2M | 2.21% |
| 14 | EOG RES INC | EOG | 29,000 | $3.0M | 2.13% |
| 15 | ISHARES TR | 46435G334 | 67,610 | $3.0M | 2.08% |
| 16 | ALASKA AIR GROUP INC | ALK | 56,500 | $2.8M | 1.99% |
| 17 | MERCHANTS BANCORP IND | MBINN | 82,092 | $2.8M | 1.96% |
| 18 | SPDR INDEX SHS FDS | 78463X202 | 31,800 | $2.0M | 1.43% |
| 19 | SYNOVUS FINL CORP | 87161C501 | 39,700 | $2.0M | 1.39% |
| 20 | BANK AMERICA CORP | 060505104 | 34,300 | $1.9M | 1.32% |
| 21 | KRANESHARES TRUST | 500767553 | 105,517 | $1.8M | 1.24% |
| 22 | ISHARES TR | 46429B598 | 30,000 | $1.6M | 1.13% |
| 23 | CHICAGO ATLANTIC BDC INC | LIEN | 135,920 | $1.4M | 0.98% |
| 24 | DOUBLEDOWN INTERACTIVE CO LT | DDI | 161,768 | $1.4M | 0.98% |
| 25 | LENSAR INC | LNSR | 117,340 | $1.4M | 0.95% |
| 26 | SELECT SECTOR SPDR TR | 81369Y852 | 10,970 | $1.3M | 0.90% |
| 27 | ALPHABET INC | GOOG | 4,000 | $1.3M | 0.88% |
| 28 | ALPHABET INC | GOOG | 4,000 | $1.3M | 0.88% |
| 29 | SPDR S&P MIDCAP 400 ETF TR | MDY | 2,000 | $1.2M | 0.84% |
| 30 | SPDR SERIES TRUST | 78464A755 | 10,500 | $1.1M | 0.76% |
| 31 | ISHARES TR | 46429B309 | 57,104 | $1.1M | 0.75% |
| 32 | OLD SECOND BANCORP INC ILL | OSBC | 49,000 | $955,500 | 0.67% |
| 33 | OSISKO DEVELOPMENT CORP | OSDVF | 249,700 | $871,453 | 0.61% |
| 34 | MARVELL TECHNOLOGY INC | MRVL | 9,416 | $800,172 | 0.56% |
| 35 | FINWARD BANCORP | FNWD | 21,242 | $747,506 | 0.52% |
| 36 | AMAZON COM INC | AMZN | 3,220 | $743,240 | 0.52% |
| 37 | NORTHERN OIL & GAS INC | NOG | 33,600 | $721,392 | 0.50% |
| 38 | INFINITY NAT RES INC | 456941103 | 48,928 | $720,709 | 0.50% |
| 39 | VANECK ETF TRUST | 92189F791 | 6,050 | $688,369 | 0.48% |
| 40 | NORTHEAST CMNTY BANCORP INC | 664121100 | 30,371 | $686,688 | 0.48% |
| 41 | SPDR SERIES TRUST | 78464A698 | 10,500 | $680,505 | 0.48% |
| 42 | SILICON MOTION TECHNOLOGY CO | SIMO | 7,300 | $676,710 | 0.47% |
| 43 | SELECT SECTOR SPDR TR | 81369Y803 | 4,520 | $650,744 | 0.46% |
| 44 | ADOBE INC | ADBE | 1,800 | $629,982 | 0.44% |
| 45 | FREEPORT-MCMORAN INC | FCX | 12,000 | $609,480 | 0.43% |
| 46 | NEXGEN ENERGY LTD | NXE | 66,200 | $609,040 | 0.43% |
| 47 | ANTERO RESOURCES CORP | AR | 16,100 | $554,806 | 0.39% |
| 48 | ALERUS FINL CORP | 01446U103 | 24,576 | $553,452 | 0.39% |
| 49 | ISHARES TR | 46436E841 | 20,000 | $449,400 | 0.31% |
| 50 | ISHARES TR | 46436E833 | 20,000 | $447,300 | 0.31% |
| 51 | SPDR GOLD TR | GLD | 1,100 | $435,941 | 0.31% |
| 52 | BURFORD CAP LTD | BUR | 48,662 | $434,065 | 0.30% |
| 53 | SM ENERGY CO | SM | 23,000 | $430,100 | 0.30% |
| 54 | US BANCORP DEL | USB-PS | 8,000 | $426,880 | 0.30% |
| 55 | HEALTHPEAK PROPERTIES INC | DOC | 25,000 | $402,000 | 0.28% |
| 56 | SALESFORCE INC | CRM | 1,500 | $397,365 | 0.28% |
| 57 | DELL TECHNOLOGIES INC | DELL | 3,000 | $377,640 | 0.26% |
| 58 | BANC OF CALIFORNIA INC | BANC-PF | 18,900 | $364,581 | 0.26% |
| 59 | TESLA INC | TSLA | 785 | $353,030 | 0.25% |
| 60 | INDEPENDENT BK CORP MICH | 453838609 | 10,769 | $350,316 | 0.25% |
| 61 | FVCBANKCORP INC | FVCB | 23,971 | $333,437 | 0.23% |
| 62 | ISHARES INC | 464286764 | 6,000 | $323,460 | 0.23% |
| 63 | FIRST FINL BANCORP OH | 320209109 | 12,500 | $312,750 | 0.22% |
| 64 | ADVISORSHARES TR | 00768Y453 | 65,000 | $306,800 | 0.21% |
| 65 | KRANESHARES TRUST | 500767306 | 9,000 | $306,450 | 0.21% |
| 66 | KIMBERLY-CLARK CORP | KMB | 3,000 | $302,670 | 0.21% |
| 67 | FIRST BUSEY CORP | BUSEP | 12,359 | $294,021 | 0.21% |
| 68 | MICRON TECHNOLOGY INC | MU | 1,000 | $285,410 | 0.20% |
| 69 | TECK RESOURCES LTD | TCKRF | 5,700 | $272,973 | 0.19% |
| 70 | ISHARES TR | 464288646 | 5,000 | $264,400 | 0.19% |
| 71 | FIRSTSUN CAP BANCORP | 33767U107 | 6,340 | $238,606 | 0.17% |
| 72 | ISHARES TR | 46436E825 | 10,000 | $219,450 | 0.15% |
| 73 | SECURITY NATL FINL CORP | 814785309 | 24,078 | $216,943 | 0.15% |
| 74 | STAR HLDGS | STHO | 25,841 | $212,671 | 0.15% |
| 75 | CITIZENS CMNTY BANCORP INC M | CIA | 11,718 | $208,815 | 0.15% |
| 76 | SPDR GOLD TR | GLD | 500 | $198,155 | 0.14% |
| 77 | SIGMA LITHIUM CORPORATION | SGML | 14,286 | $188,432 | 0.13% |
| 78 | COMMUNITY HEALTHCARE TR INC | CHCT | 11,340 | $186,203 | 0.13% |
| 79 | NUSCALE PWR CORP | NU | 13,000 | $184,210 | 0.13% |
| 80 | SITE CTRS CORP | 82981J851 | 24,000 | $154,080 | 0.11% |
| 81 | DIVERSIFIED HEALTHCARE TR | DHCNL | 25,300 | $122,705 | 0.09% |
| 82 | LITHIUM ARGENTINA AG | LAR | 20,191 | $112,666 | 0.08% |
| 83 | ARDMORE SHIPPING CORP | ASC | 10,000 | $105,900 | 0.07% |
| 84 | GOLDMAN SACHS BDC INC | GSBD | 10,000 | $92,800 | 0.06% |
| 85 | BITFARMS LTD | BITF | 33,000 | $77,550 | 0.05% |
| 86 | DIVERSIFIED HEALTHCARE TR | DHCNL | 13,684 | $66,367 | 0.05% |