Institutional Manager · CIK 0001597506
Warberg Asset Management LLC
WINNETKA, IL · File #028-20991
Latest AUM
$831.2M
Positions
181
Top-10 Concentration
80.2%
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 |
|---|---|---|---|---|---|
| ADD | SPDR S&P 500 ETF TR | SPY | +339,000 | +$231.2M | +$4.6M |
| EXITED | SEA LTD | 81141RAF7 | -12,103,000 | -$23.9M | $0 |
| ADD | AXON ENTERPRISE INC | AXON | +5,779,000 | +$14.6M | -$3.9M |
| EXITED | INTEGER HLDGS CORP | 45826HAB5 | -10,405,000 | -$13.6M | $0 |
| EXITED | STRIDE INC | 86333MAA6 | -3,537,000 | -$10.0M | $0 |
| REDUCE | SEAGATE HDD CAYMAN | SE | -2,807,000 | -$9.4M | +$4.3M |
| ADD | MACOM TECH SOLUTIONS HLDGS I | 55405YAB6 | +4,476,000 | +$9.3M | +$4.0M |
| NEW | LUMENTUM HLDGS INC | LITE | +2,360,000 | +$8.8M | $0 |
| EXITED | RIGETTI COMPUTING INC | 76655K111 | -449,224 | -$8.2M | $0 |
| NEW | SNOWFLAKE INC | SNOW | +4,136,000 | +$6.1M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025181 pos · $831.2M
- 13F HOLDINGS REPORTQ/E Sep 2025188 pos · $626.9M
- 13F HOLDINGS REPORTQ/E Jun 2025182 pos · $643.2M
- 13F HOLDINGS REPORTQ/E Mar 2025191 pos · $605.4M
- 13F HOLDINGS REPORTQ/E Dec 2024198 pos · $655.5M
- 13F HOLDINGS REPORTQ/E Sep 2024209 pos · $562.1M
- 13F HOLDINGS REPORTQ/E Jun 2024220 pos · $658.4M
- 13F HOLDINGS REPORTQ/E Mar 2024213 pos · $696.5M
- 13F HOLDINGS REPORTQ/E Dec 2023244 pos · $495.6M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 633,000 | $431.7M | 54.59% |
| 2 | AXON ENTERPRISE INC | AXON | 12,059,000 | $30.4M | 3.85% |
| 3 | INVESCO QQQ TR | IVZ | 45,000 | $27.6M | 3.50% |
| 4 | WESTERN DIGITAL CORP | WDC | 5,731,000 | $26.3M | 3.32% |
| 5 | MACOM TECH SOLUTIONS HLDGS I | 55405YAB6 | 11,650,000 | $24.2M | 3.06% |
| 6 | CNX RES CORP | CNX | 7,976,000 | $22.8M | 2.89% |
| 7 | SEAGATE HDD CAYMAN | SE | 6,284,000 | $21.1M | 2.67% |
| 8 | MICROCHIP TECHNOLOGY INC. | MCHPP | 11,106,000 | $19.9M | 2.52% |
| 9 | LIVE NATION ENTERTAINMENT IN | LYV | 10,617,000 | $15.4M | 1.95% |
| 10 | VENTAS RLTY LTD PARTNERSHIP | VTR | 10,243,000 | $14.5M | 1.83% |
| 11 | BOX INC | BXCAP | 11,302,000 | $13.2M | 1.67% |
| 12 | HALOZYME THERAPEUTICS INC | HALO | 8,000,000 | $10.6M | 1.34% |
| 13 | POST HLDGS INC | POST | 8,888,000 | $9.6M | 1.21% |
| 14 | LUMENTUM HLDGS INC | LITE | 2,360,000 | $8.8M | 1.11% |
| 15 | ALNYLAM PHARMACEUTICALS INC | ALNY | 5,002,000 | $7.4M | 0.93% |
| 16 | SPOTIFY USA INC | 84921RAB6 | 6,152,000 | $7.0M | 0.88% |
| 17 | PROGRESS SOFTWARE CORP | 743312AB6 | 6,606,000 | $6.6M | 0.83% |
| 18 | SNOWFLAKE INC | SNOW | 4,136,000 | $6.1M | 0.78% |
| 19 | WORKIVA INC | WK | 5,005,000 | $5.8M | 0.74% |
| 20 | WISDOMTREE INC | WT | 5,017,000 | $5.8M | 0.73% |