New Positions
11 managers initiated
Top five by reported value
- Sowell Financial Services LLC$4.9M
- BlackRock, Inc.$1.4M
- CDC Financial, Inc.$1.3M
- Shade Tree Advisors LLC$179.3K
- Closed-End Fund Advisors, Inc.$131.4K
Chicago Atlantic BDC Inc NASDAQ NMS - GLOBAL MARKET:LIEN
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
11 new7 added20 reduced4 exited
Total Institutional Holders
38
as of 2025-12-31
Top Holder
INTREPID CAPITAL MANAGEMENT INC
$7.8M
Largest QoQ Increase
Sowell Financial Services LLC
+478,208 sh
Largest QoQ Decrease
DEUTSCHE BANK AG\
-111,235 sh
New Positions(11)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Sowell Financial Services LLC | 478,208 | +478,208 | $4.9M | +$4.9M | — |
| BlackRock, Inc. | 138,482 | +138,482 | $1.4M | +$1.4M | — |
| CDC Financial, Inc. | 127,118 | +127,118 | $1.3M | +$1.3M | — |
| Shade Tree Advisors LLC | 17,360 | +17,360 | $179.3K | +$179.3K | — |
| Closed-End Fund Advisors, Inc. | 12,718 | +12,718 | $131.4K | +$131.4K | — |
| SAGE RHINO CAPITAL LLC | 10,901 | +10,901 | $112.6K | +$112.6K | — |
| Steel Peak Wealth Management LLC | 10,277 | +10,277 | $109.7K | +$109.7K | — |
| MATHER GROUP, LLC. | 10,215 | +10,215 | $105.5K | +$105.5K | — |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 6,146 | +6,146 | $63.5K | +$63.5K | — |
| Triumph Capital Management | 3,105 | +3,105 | $32.1K | +$32.1K | — |
| LVM CAPITAL MANAGEMENT LTD/MI | 161,326 | +161,326 | $1.7K | +$1.7K | — |
Added To(7)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Sage Mountain Advisors LLC | 268,088 | +61,721 | $2.8M | +$602.5K | 29.9% |
| CI Private Wealth, LLC | 382,865 | +34,423 | $4.0M | +$296.4K | 9.9% |
| Gladstone Institutional Advisory LLC | 38,600 | +25,600 | $398.7K | +$262.2K | 196.9% |
| CITADEL ADVISORS LLC | 32,784 | +16,903 | $338.7K | +$171.9K | 106.4% |
| FIRETHORN WEALTH PARTNERS, LLC | 31,846 | +13,127 | $329.0K | +$132.4K | 70.1% |
| Seneca House Advisors | 24,788 | +66 | $256.1K | -$3.5K | 0.3% |
| HighTower Advisors, LLC | 21,403 | +660 | $221.1K | +$3.3K | 3.2% |
Reduced(20)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| BROWN ADVISORY INC | 51,544 | -49,411 | $532.5K | -$527.6K | -48.9% |
| Rockefeller Capital Management L.P. | 3,000 | -27,424 | $31.0K | -$288.5K | -90.1% |
| Black Maple Capital Management LP | 135,920 | -20,676 | $1.4M | -$240.2K | -13.2% |
| CONDOR CAPITAL MANAGEMENT | 166,274 | -17,431 | $1.7M | -$211.3K | -9.5% |
| INTREPID CAPITAL MANAGEMENT INC | 759,303 | 0 | $7.8M | -$129.1K | 0.0% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 190,655 | -5,229 | $2.0M | -$87.3K | -2.7% |
| Wick Capital Partners, LLC | 2,247 | -56,939 | $550.8K | -$70.6K | -96.2% |
| MILLENNIUM MANAGEMENT LLC | 46,410 | -2,137 | $479.4K | -$30.3K | -4.4% |
| Toroso Investments, LLC | 39,001 | -1,584 | $402.9K | -$23.3K | -3.9% |
| Apollon Wealth Management, LLC | 77,818 | 0 | $803.9K | -$13.2K | 0.0% |
| Royal Bank of Canada | 194 | -662 | $2.0K | -$7.0K | -77.3% |
| RITHOLTZ WEALTH MANAGEMENT | 34,749 | 0 | $359.0K | -$5.9K | 0.0% |
| Twelve Points Wealth Management LLC | 26,233 | 0 | $272.0K | -$3.4K | 0.0% |
| Icon Wealth Advisors, LLC | 14,255 | 0 | $147.3K | -$2.4K | 0.0% |
| Mesirow Financial Investment Management, Inc. | 12,433 | 0 | $128.4K | -$2.1K | 0.0% |
| WESTWOOD HOLDINGS GROUP INC | 10,737 | 0 | $110.9K | -$2.1K | 0.0% |
| FreeGulliver LLC | 12,241 | 0 | $126.5K | -$2.1K | 0.0% |
| Bernardo Wealth Planning LLC | 10,278 | 0 | $106.2K | -$1.7K | 0.0% |
| UBS Group AG | 32 | -59 | $331 | -$625 | -64.8% |
| MORGAN STANLEY | 2 | 0 | $26 | +$4 | 0.0% |
Sold Out(4)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| DEUTSCHE BANK AG\ | 0 | -111,235 | $0 | -$1.2M | — |
| Integrated Advisors Network LLC | 0 | -83,881 | $0 | -$880.8K | — |
| Mariner, LLC | 0 | -12,100 | $0 | -$127.0K | — |
| JANE STREET GROUP, LLC | 0 | -12,026 | $0 | -$126.3K | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
New & Closed Positions this quarter
Closed Positions
4 managers exited
Top five by prior-quarter value
- DEUTSCHE BANK AG\$1.2M
- Integrated Advisors Network LLC$880.8K
- Mariner, LLC$127.0K
- JANE STREET GROUP, LLC$126.3K
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for LIEN against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.