Institutional Manager · CIK 0001595521
Aristides Capital LLC
LOUISVILLE, KY · File #028-19976
Latest AUM
$565.1M
Positions
273
Top-10 Concentration
53.9%
Filings
12
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 |
|---|---|---|---|---|---|
| REDUCE | SPDR S&P 500 ETF TR | SPY | -43,124 | -$29.4M | +$1.3M |
| REDUCE | TESLA INC | TSLA | -65,000 | -$29.2M | +$625,000 |
| ADD | D-WAVE QUANTUM INC | QBTS | +933,000 | +$24.4M | +$576,000 |
| EXITED | ARK ETF TR | 00214Q904 | -250,000 | -$21.6M | $0 |
| NEW | ROBINHOOD MKTS INC | 770700952 | +120,000 | +$13.6M | $0 |
| NEW | ISHARES SILVER TR | SLV | +185,000 | +$11.9M | $0 |
| EXITED | FLUOR CORP NEW | 343412102 | -224,842 | -$9.5M | $0 |
| EXITED | ISHARES TR | 464288953 | -100,000 | -$8.1M | $0 |
| EXITED | CALIFORNIA RES CORP | 13057Q905 | -137,000 | -$7.3M | $0 |
| EXITED | WALMART INC | 931142903 | -49,800 | -$5.1M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORT (Amended)Q/E Dec 2025273 pos · $565.4M
- 13F HOLDINGS REPORTQ/E Dec 2025273 pos · $565.1M
- 13F HOLDINGS REPORTQ/E Sep 2025237 pos · $693.5M
- 13F HOLDINGS REPORTQ/E Jun 2025220 pos · $502.9M
- 13F HOLDINGS REPORTQ/E Mar 2025218 pos · $338.9M
- 13F HOLDINGS REPORTQ/E Dec 2024303 pos · $488.2M
- 13F HOLDINGS REPORTQ/E Sep 2024238 pos · $322.2M
- 13F HOLDINGS REPORT (Amended)Q/E Jun 2024263 pos · $354.1M
- 13F HOLDINGS REPORTQ/E Jun 2024261 pos · $353.5M
- 13F HOLDINGS REPORT (Amended)Q/E Jun 2024261 pos · $353.5M
- 13F HOLDINGS REPORTQ/E Mar 2024260 pos · $272.1M
- 13F HOLDINGS REPORTQ/E Dec 2023182 pos · $230.1M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES BITCOIN TRUST ETF | IBIT | 848,000 | $42.1M | 9.03% |
| 2 | D-WAVE QUANTUM INC | QBTS | 1,333,000 | $34.9M | 7.47% |
| 3 | ISHARES BITCOIN TRUST ETF | IBIT | 605,200 | $30.0M | 6.44% |
| 4 | TESLA INC | TSLA | 60,000 | $27.0M | 5.78% |
| 5 | RIGETTI COMPUTING INC | RGTIW | 1,212,400 | $26.9M | 5.76% |
| 6 | SPDR S&P 500 ETF TR | SPY | 36,464 | $24.9M | 5.33% |
| 7 | IONQ INC | IONQ-WT | 424,500 | $19.0M | 4.08% |
| 8 | ALPHABET INC | GOOG | 53,140 | $16.6M | 3.57% |
| 9 | ISHARES BITCOIN TRUST ETF | IBIT | 320,713 | $15.9M | 3.41% |
| 10 | CARVANA CO | CVNA | 33,700 | $14.2M | 3.05% |
| 11 | ROBINHOOD MKTS INC | 770700952 | 120,000 | $13.6M | 2.91% |
| 12 | ITURAN LOCATION AND CONTROL | M6158M104 | 283,405 | $12.2M | 2.61% |
| 13 | ISHARES SILVER TR | SLV | 185,000 | $11.9M | 2.56% |
| 14 | INVESCO QQQ TR | IVZ | 16,350 | $10.0M | 2.15% |
| 15 | TURNING PT BRANDS INC | 90041L105 | 86,010 | $9.3M | 2.00% |
| 16 | DELTA AIR LINES INC DEL | DAL | 125,332 | $8.7M | 1.86% |
| 17 | APPLOVIN CORP | APP | 12,900 | $8.7M | 1.86% |
| 18 | MICROSOFT CORP | MSFT | 17,770 | $8.6M | 1.84% |
| 19 | XP INC | XP | 500,000 | $8.2M | 1.75% |
| 20 | ISHARES TR | 464287804 | 62,720 | $7.5M | 1.62% |