Institutional Manager · CIK 0001301396
Context Capital Management, LLC
LAJOLLA, CA · File #028-10965
Latest AUM
$3.88B
Positions
327
Top-10 Concentration
38.2%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | BLOOM ENERGY CORP | 093712AK3 | -47,406 | -$212.4M | $0 |
| REDUCE | ECHOSTAR CORP | SATS | -57,287,000 | -$191.5M | +$92.5M |
| NEW | STRATEGY INC | STRK | +227,716,000 | +$187.5M | $0 |
| ADD | PELOTON INTERACTIVE INC | PTON | +80,858,570 | +$134.8M | -$173.4M |
| NEW | MARA HOLDINGS INC | MARA | +144,000,000 | +$120.5M | $0 |
| ADD | CONMED CORP | CNMD | +119,320,150 | +$114.5M | -$103.7M |
| ADD | TELADOC HEALTH INC | TDOC | +116,987,885 | +$111.7M | -$119.2M |
| NEW | FLUENCE ENERGY INC | FLNC | +77,173,000 | +$93.6M | $0 |
| ADD | BRIDGEBIO PHARMA INC | BBIO | +79,656,146 | +$89.7M | -$96.6M |
| ADD | SUPER MICRO COMPUTER INC | SMCI | +97,334,095 | +$86.9M | -$28.5M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025327 pos · $3.88B
- 13F HOLDINGS REPORTQ/E Sep 2025269 pos · $3.24B
- 13F HOLDINGS REPORTQ/E Jun 2025251 pos · $2.96B
- 13F HOLDINGS REPORTQ/E Mar 2025208 pos · $2.58B
- 13F HOLDINGS REPORTQ/E Dec 2024238 pos · $2.56B
- 13F HOLDINGS REPORTQ/E Sep 2024284 pos · $3.68B
- 13F HOLDINGS REPORTQ/E Jun 2024222 pos · $2.78B
- 13F HOLDINGS REPORTQ/E Mar 2024277 pos · $2.10B
- 13F HOLDINGS REPORTQ/E Dec 2023311 pos · $1.2M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | STRATEGY INC | STRK | 227,716,000 | $187.5M | 6.05% |
| 2 | ECHOSTAR CORP | SATS | 47,840,217 | $159.9M | 5.16% |
| 3 | PELOTON INTERACTIVE INC | PTON | 80,936,000 | $135.0M | 4.36% |
| 4 | MARA HOLDINGS INC | MARA | 144,000,000 | $120.5M | 3.89% |
| 5 | CONMED CORP | CNMD | 119,429,000 | $114.7M | 3.70% |
| 6 | TELADOC HEALTH INC | TDOC | 117,115,000 | $111.8M | 3.61% |
| 7 | FLUENCE ENERGY INC | FLNC | 77,173,000 | $93.6M | 3.02% |
| 8 | BRIDGEBIO PHARMA INC | BBIO | 79,754,000 | $89.8M | 2.90% |
| 9 | SUPER MICRO COMPUTER INC | SMCI | 97,362,000 | $86.9M | 2.80% |
| 10 | TANDEM DIABETES CARE INC | TNDM | 81,129,000 | $82.7M | 2.67% |
| 11 | TRAVERE THERAPEUTICS INC | TVTX | 57,457,000 | $82.0M | 2.65% |
| 12 | CLEANSPARK INC | CLSKW | 78,135,000 | $81.2M | 2.62% |
| 13 | ENOVIS CORPORATION | ENOV | 82,543,000 | $80.8M | 2.61% |
| 14 | PENNYMAC CORP | 70932AAH6 | 73,897,000 | $78.6M | 2.54% |
| 15 | CENTURY ALUM CO | CENX | 33,746,000 | $71.0M | 2.29% |
| 16 | RIVIAN AUTOMOTIVE INC | RIVN | 55,537,000 | $69.9M | 2.26% |
| 17 | PACIRA BIOSCIENCES INC | PCRX | 68,806,000 | $69.4M | 2.24% |
| 18 | IMMUNOCORE HLDGS PLC | IMCR | 71,541,000 | $65.0M | 2.10% |
| 19 | GROUPON INC | GRPN | 69,876,000 | $61.7M | 1.99% |
| 20 | ARRAY TECHNOLOGIES INC | ARRY | 62,949,000 | $57.2M | 1.85% |