Institutional Manager · CIK 0001693838
Ursa Fund Management, LLC
Danville, CA · File #028-18000
Latest AUM
$2.44B
Positions
44
Top-10 Concentration
87.7%
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 |
|---|---|---|---|---|---|
| NEW | MICROSOFT CORP | MSFT | +1,359,400 | +$657.4M | $0 |
| NEW | APPLE INC | AAPL | +500,000 | +$135.9M | $0 |
| NEW | JPMORGAN CHASE & CO. | VYLD | +370,000 | +$119.2M | $0 |
| NEW | NVIDIA CORPORATION | NVDA | +580,900 | +$108.3M | $0 |
| NEW | AMAZON COM INC | AMZN | +233,500 | +$53.9M | $0 |
| NEW | ALPHABET INC | GOOG | +150,000 | +$47.0M | $0 |
| NEW | META PLATFORMS INC | META | +55,000 | +$36.3M | $0 |
| NEW | TESLA INC | TSLA | +50,900 | +$22.9M | $0 |
| EXITED | MR COOPER GROUP INC | 62482R107 | -92,695 | -$19.5M | $0 |
| REDUCE | APARTMENT INVT & MGMT CO | APA | -2,676,400 | -$15.9M | -$6.2M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202544 pos · $2.44B
- 13F HOLDINGS REPORTQ/E Sep 202518 pos · $89.1M
- 13F HOLDINGS REPORTQ/E Jun 202531 pos · $80.2M
- 13F HOLDINGS REPORTQ/E Mar 202521 pos · $39.0M
- 13F HOLDINGS REPORTQ/E Dec 202419 pos · $1.33B
- 13F HOLDINGS REPORTQ/E Sep 202417 pos · $75.7M
- 13F HOLDINGS REPORTQ/E Jun 20249 pos · $36.5M
- 13F HOLDINGS REPORTQ/E Mar 202423 pos · $48.7M
- 13F HOLDINGS REPORTQ/E Dec 202327 pos · $20.4M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 1,359,400 | $657.4M | 26.96% |
| 2 | MICROSOFT CORP | MSFT | 1,337,400 | $646.8M | 26.52% |
| 3 | APPLE INC | AAPL | 500,000 | $135.9M | 5.57% |
| 4 | APPLE INC | AAPL | 500,000 | $135.9M | 5.57% |
| 5 | JPMORGAN CHASE & CO. | VYLD | 370,000 | $119.2M | 4.89% |
| 6 | JPMORGAN CHASE & CO. | VYLD | 370,000 | $119.2M | 4.89% |
| 7 | NVIDIA CORPORATION | NVDA | 580,900 | $108.3M | 4.44% |
| 8 | NVIDIA CORPORATION | NVDA | 580,900 | $108.3M | 4.44% |
| 9 | AMAZON COM INC | AMZN | 233,500 | $53.9M | 2.21% |
| 10 | AMAZON COM INC | AMZN | 233,500 | $53.9M | 2.21% |
| 11 | ALPHABET INC | GOOG | 150,000 | $47.0M | 1.93% |
| 12 | ALPHABET INC | GOOG | 150,000 | $47.0M | 1.93% |
| 13 | META PLATFORMS INC | META | 60,000 | $39.6M | 1.62% |
| 14 | META PLATFORMS INC | META | 55,000 | $36.3M | 1.49% |
| 15 | TESLA INC | TSLA | 50,900 | $22.9M | 0.94% |
| 16 | TESLA INC | TSLA | 50,900 | $22.8M | 0.93% |
| 17 | ISHARES TR | 464287655 | 50,000 | $12.3M | 0.50% |
| 18 | MICROSOFT CORP | MSFT | 22,000 | $10.6M | 0.44% |
| 19 | KRANESHARES TRUST | 500767306 | 300,000 | $10.2M | 0.42% |
| 20 | KRANESHARES TRUST | 500767306 | 300,000 | $10.2M | 0.42% |