13F HOLDINGS REPORT
Sandia Investment Management LP
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001880562-26-000002
Total Value
$40.1M
Positions
128
Other Managers
0
Confidential Omitted
No
Holdings (128)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | HAYMAKER ACQUISITION CORP IV | G4375F108 | 349,987 | $4.0M | 9.93% |
| 2 | BOLD EAGLE ACQUISITION CORP | BEAGU | 117,662 | $1.2M | 3.10% |
| 3 | REGIS CORPORATION | RGS | 32,936 | $913,974 | 2.28% |
| 4 | STURM RUGER & CO INC | RGR | 26,485 | $864,735 | 2.16% |
| 5 | LEGENCE CORP | LGN | 19,850 | $854,344 | 2.13% |
| 6 | MEDLINE INC | MDLN | 20,000 | $840,000 | 2.09% |
| 7 | ALLIANCE LAUNDRY HLDGS INC | ALH | 39,522 | $804,273 | 2.01% |
| 8 | WATERBRIDGE INFRASTRUCTURE L | WBI | 40,000 | $800,400 | 2.00% |
| 9 | SILICON VY ACQUISITION CORP | G81306105 | 75,000 | $745,875 | 1.86% |
| 10 | NETSKOPE INC | NTSK | 40,000 | $701,600 | 1.75% |
| 11 | CARIS LIFE SCIENCES INC | CAI | 23,600 | $636,728 | 1.59% |
| 12 | GORES HLDGS X INC | G4002F109 | 61,632 | $631,728 | 1.58% |
| 13 | STONEBRIDGE ACQUISITION II C | APACU | 60,000 | $602,400 | 1.50% |
| 14 | MIAMI INTL HLDGS INC | 59356Q108 | 13,000 | $576,940 | 1.44% |
| 15 | ROMAN DBDR ACQUISITION CORP | DRDBW | 50,038 | $521,896 | 1.30% |
| 16 | UL SOLUTIONS INC | ULS | 6,535 | $515,350 | 1.29% |
| 17 | LIVE OAK ACQUISITION CORP V | LOKVW | 50,000 | $515,000 | 1.28% |
| 18 | CANTOR EQUITY PARTNERS V INC | CEPV | 50,000 | $512,500 | 1.28% |
| 19 | AI INFRASTRUCTURE ACQUISI | AIIA-UN | 50,000 | $509,000 | 1.27% |
| 20 | M3-BRIGADE ACQUISITION VI CO | MBVIW | 50,000 | $506,250 | 1.26% |
| 21 | VINE HILL CAP INVTS CORP II | G9709D125 | 50,000 | $501,050 | 1.25% |
| 22 | HALL CHADWICK ACQUISITION CO | HCACR | 50,000 | $501,000 | 1.25% |
| 23 | BLUEROCK ACQUISITION CORP | BLRKW | 50,000 | $500,000 | 1.25% |
| 24 | ITHAX ACQUISITION CORP III | ITHAW | 50,000 | $498,750 | 1.24% |
| 25 | BITCOIN INFRASTRUCTURE ACQUI | BIXIW | 50,000 | $498,000 | 1.24% |
| 26 | TGE VALUE CREATIVE SOLUTIONS | BEBE-WT | 50,000 | $497,000 | 1.24% |
| 27 | VIA TRANSN INC | 92556W104 | 17,048 | $494,562 | 1.23% |
| 28 | INVEST GREEN ACQUISITION COR | IGACU | 47,000 | $471,410 | 1.18% |
| 29 | HEARTFLOW INC | HTFL | 15,917 | $463,981 | 1.16% |
| 30 | AA MISSION ACQUISITION CORP | YCY-WT | 44,700 | $450,800 | 1.12% |
| 31 | BLACK ROCK COFFEE BAR INC | BRCB | 20,000 | $445,000 | 1.11% |
| 32 | ANTERIX INC | ATEX | 20,000 | $436,600 | 1.09% |
| 33 | SILVERBOX CORP V | SBXE-WT | 43,150 | $434,089 | 1.08% |
| 34 | ITT INC | ITT | 2,500 | $433,775 | 1.08% |
| 35 | STANDARDAERO INC | SARO | 15,000 | $430,200 | 1.07% |
| 36 | SONIDA SENIOR LIVING INC | SNDA | 12,612 | $411,277 | 1.03% |
| 37 | FIGURE TECHNOLOGY SOLUTIO | FGRS | 10,000 | $408,400 | 1.02% |
| 38 | REVOLUTION MEDICINES INC | RVMDW | 5,000 | $398,250 | 0.99% |
| 39 | CIRCLE INTERNET GROUP INC | CRCL | 5,000 | $396,500 | 0.99% |
| 40 | CENTURI HOLDINGS INC | CTRI | 15,000 | $378,750 | 0.94% |
| 41 | BULLISH | BLSH | 10,000 | $378,700 | 0.94% |
| 42 | BRIGHTSPRING HEALTH SVCS INC | 10950A106 | 10,000 | $374,500 | 0.93% |
| 43 | KODIAK GAS SVCS INC | 50012A108 | 10,000 | $374,000 | 0.93% |
| 44 | KLARNA GROUP PLC | KLAR | 12,404 | $358,600 | 0.89% |
| 45 | VIKING ACQUISITION CORP I | VACI-WT | 35,000 | $352,450 | 0.88% |
| 46 | ALDEL FINL II INC | G01558108 | 30,000 | $314,700 | 0.78% |
| 47 | CHIME FINL INC | 16935C109 | 12,500 | $314,625 | 0.78% |
| 48 | NEPTUNE INS HLDGS INC | 64073B103 | 10,500 | $306,180 | 0.76% |
| 49 | COREBRIDGE FINL INC | 21871X109 | 10,000 | $301,700 | 0.75% |
| 50 | PACS GROUP INC | PACS | 7,500 | $287,925 | 0.72% |
| 51 | COHERENT CORP | COHR | 1,500 | $276,855 | 0.69% |
| 52 | JAKKS PAC INC | JAKK | 16,236 | $274,064 | 0.68% |
| 53 | FIGMA INC | FIG | 7,000 | $261,590 | 0.65% |
| 54 | FACT II ACQUISITION CORP | FACTW | 25,000 | $260,250 | 0.65% |
| 55 | JENA ACQUISITION CORP II | JENA-UN | 25,000 | $260,000 | 0.65% |
| 56 | PYROPHYTE ACQUISITION CORP. | PAII-WT | 25,000 | $259,188 | 0.65% |
| 57 | NEWHOLD INVT CORP III | G6486E102 | 25,000 | $259,125 | 0.65% |
| 58 | OTG ACQUISITION CORP. I | OTGAW | 25,000 | $254,750 | 0.64% |
| 59 | SOLARIUS CAPITAL ACQU CORP | SOCAW | 25,000 | $254,750 | 0.64% |
| 60 | KARBON CAP PARTNERS CORP | G5225W126 | 25,000 | $251,625 | 0.63% |
| 61 | TAILWIND 2.0 ACQUISITION COR | TDWDU | 25,000 | $251,500 | 0.63% |
| 62 | MESHFLOW ACQUISITION CORP | MESHW | 25,000 | $250,000 | 0.62% |
| 63 | SLIDE INS HLDGS INC | 831349105 | 11,748 | $228,851 | 0.57% |
| 64 | SMITHFIELD FOODS INC | SFD | 10,000 | $223,300 | 0.56% |
| 65 | GRUPO AEROMEXICO SAB DE CV | 40054J109 | 10,000 | $219,600 | 0.55% |
| 66 | ATEGRITY SPECIALTY IN CO HO | 04681Y103 | 10,300 | $216,403 | 0.54% |
| 67 | IMMUNOME INC | IMNM | 10,000 | $214,800 | 0.54% |
| 68 | WAYSTAR HLDG CORP | WAY | 6,550 | $214,513 | 0.53% |
| 69 | KLAVIYO INC | KVYO | 6,534 | $212,159 | 0.53% |
| 70 | OLD MKT CAP CORP | 65373A109 | 40,491 | $209,743 | 0.52% |
| 71 | BLUE ACQUISITION CORP. | BACCU | 19,741 | $207,675 | 0.52% |
| 72 | TALON CAP CORP | TLNCW | 20,000 | $205,800 | 0.51% |
| 73 | AXIOM INTELLIGENCE AC CORP 1 | G0750N120 | 20,000 | $204,800 | 0.51% |
| 74 | EQV VENTURES AC CORP. II | G3106Q110 | 20,000 | $202,200 | 0.50% |
| 75 | CONTANGO ORE INC | 21077F100 | 7,630 | $201,508 | 0.50% |
| 76 | CRANE HBR ACQUISITION CORP I | CR | 20,000 | $201,400 | 0.50% |
| 77 | SAILPOINT INC | SAIL | 9,837 | $199,003 | 0.50% |
| 78 | DLH HLDGS CORP | DLHC | 34,806 | $196,654 | 0.49% |
| 79 | LUMEXA IMAGING HOLDINGS INC | LMRI | 10,000 | $185,000 | 0.46% |
| 80 | KARMAN HLDGS INC | KRMN | 2,500 | $182,925 | 0.46% |
| 81 | RAPPORT THERAPEUTICS INC | RAPP | 6,000 | $182,040 | 0.45% |
| 82 | LAKELAND INDS INC | 511795106 | 20,580 | $181,927 | 0.45% |
| 83 | CARETRUST REIT INC | CTRE | 5,000 | $180,800 | 0.45% |
| 84 | ETORO GROUP LTD | ETOR | 5,000 | $175,650 | 0.44% |
| 85 | PHOENIX ED PARTNERS INC | 718968100 | 5,302 | $160,651 | 0.40% |
| 86 | LOAR HOLDINGS INC | LOAR | 2,321 | $157,828 | 0.39% |
| 87 | BTC DEV CORP | BDCIW | 15,000 | $152,100 | 0.38% |
| 88 | ALUSSA ENERGY ACQUISITION CO | ALUB-WT | 15,000 | $151,500 | 0.38% |
| 89 | INSIGHT DIGITAL PARTNERS II | DYORW | 14,935 | $150,395 | 0.38% |
| 90 | DYNAMIX CORP III | DNMXW | 14,835 | $149,092 | 0.37% |
| 91 | GRAVITY CO LTD | GRVY | 2,460 | $142,360 | 0.36% |
| 92 | OMADA HEALTH INC | OMDA | 8,843 | $139,543 | 0.35% |
| 93 | VERA THERAPEUTICS INC | VERA | 2,500 | $126,600 | 0.32% |
| 94 | FIGX CAP ACQUISITION CORP. | G3473K126 | 11,888 | $121,020 | 0.30% |
| 95 | U S GLOBAL INVS INC | 902952100 | 43,793 | $105,541 | 0.26% |
| 96 | CANTOR EQUITY PARTNERS III I | G1828A108 | 10,311 | $105,172 | 0.26% |
| 97 | 1RT ACQUISITION CORP. | ONCHW | 10,000 | $104,000 | 0.26% |
| 98 | HAYMAKER ACQUISITION CORP IV | G4375F116 | 66,002 | $102,303 | 0.26% |
| 99 | CLARUS CORP NEW | CLAR | 30,000 | $100,500 | 0.25% |
| 100 | MDU RES GROUP INC | 552690109 | 5,000 | $97,600 | 0.24% |
| 101 | NET LEASE OFFICE PROPERTIES | NLOP | 3,339 | $86,113 | 0.21% |
| 102 | TITAN AMER SA | B9151N105 | 5,000 | $82,400 | 0.21% |
| 103 | FIREFLY AEROSPACE INC | FLY | 3,205 | $71,696 | 0.18% |
| 104 | VOYAGER TECHNOLOGIES INC | VOYG | 2,500 | $65,350 | 0.16% |
| 105 | BOLD EAGLE ACQUISITION CORP | BEAGU | 148,300 | $47,456 | 0.12% |
| 106 | GEMINI SPACE STA INC | GEMI | 4,563 | $45,265 | 0.11% |
| 107 | WEALTHFRONT CORP | WLTH | 3,269 | $44,426 | 0.11% |
| 108 | OGE ENERGY CORP | OGE | 1,000 | $42,700 | 0.11% |
| 109 | FUTURECREST ACQUISITION CORP | FCRS-WT | 4,000 | $40,960 | 0.10% |
| 110 | COGENT BIOSCIENCES INC | COGT | 1,000 | $35,520 | 0.09% |
| 111 | LIVE OAK ACQUISITION CORP V | LOKVW | 29,294 | $28,855 | 0.07% |
| 112 | GCT SEMICONDUCTOR HLDG INC | GCTS-WT | 349,398 | $26,310 | 0.07% |
| 113 | BETA TECHNOLOGIES INC | BETA | 905 | $25,530 | 0.06% |
| 114 | VALARIS LTD | VAL-WT | 12,296 | $21,641 | 0.05% |
| 115 | ENVOY MEDICAL INC | COCHW | 514,702 | $20,022 | 0.05% |
| 116 | KESTRA MED TECHNOLOGIES LTD | BEKE | 653 | $17,318 | 0.04% |
| 117 | CLASSOVER HLDGS INC | KIDZW | 90,000 | $16,200 | 0.04% |
| 118 | ALEANNA INC | ANNAW | 74,647 | $10,563 | 0.03% |
| 119 | FACT II ACQUISITION CORP | FACTW | 25,000 | $8,753 | 0.02% |
| 120 | EQV VENTURES ACQUISITION COR | G3106N117 | 13,779 | $6,615 | 0.02% |
| 121 | AA MISSION ACQUISITION CORP | YCY-WT | 38,725 | $6,572 | 0.02% |
| 122 | BAIRD MED INVT HLDGS LTD | G0705H111 | 108,100 | $6,005 | 0.01% |
| 123 | ABPRO HLDGS INC | ABPWW | 358,427 | $5,878 | 0.01% |
| 124 | NEWHOLD INVT CORP III | G6486E110 | 12,500 | $5,251 | 0.01% |
| 125 | ANDRETTI ACQUISITION CORP II | POLEW | 14,970 | $4,320 | 0.01% |
| 126 | BRIDGER AEROSPACE GRP HLDGS | 96812F110 | 17,690 | $3,527 | 0.01% |
| 127 | MELAR ACQUISITION CORP. I | MACIW | 25,000 | $3,503 | 0.01% |
| 128 | RESERVOIR MEDIA INC | RSVRW | 8,695 | $2,435 | 0.01% |