Warberg Asset Management LLC
Filing Date
Global Rank
#7,152
/ 8,605
▲ 304
· as of Mar 2026
Top Industry
Shell Companies
66.1%
3Y Alpha vs SPY
-22.3%
Period ended 3 months ago
Filed May 7, 2026 · 2mo
22 quarters · since Dec 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
-15.0%
SPY
+76.5%
Annualised alpha
-26.1%
Max drawdown
−22.3%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
74 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
19.5%
+8.4 pts
Top 5
36.7%
+6.2 pts
Top 10
50.6%
+4.5 pts
HHI
559
Diversified+204
Portfolio Trend
22 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 81.9% | $31,868,281 |
| Healthcare | 5.9% | $2,309,113 |
| Unclassified | 5.7% | $2,222,040 |
| Real Estate | 2.8% | $1,080,951 |
| Consumer Defensive | 1.8% | $699,120 |
| Basic Materials | 1.5% | $579,527 |
| Consumer Cyclical | 0.3% | $125,909 |
| Energy | 0.1% | $20,300 |
| Communication Services | 0.0% | $13,500 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced
18 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BCAR | D. Boral ARC Acquisition I Corp. | −96,746 | 17,585 | $177,960 | |
| PGAC | PANTAGES CAPITAL ACQUISITION Corp | −51,430 | 24,760 | $259,484 | |
| CRIS | Curis Inc | −30,286 | 10,000 | $5,500 | |
| VNME | Vendome Acquisition Corp I | −19,517 | 118,983 | $1,199,348 | |
| STXS | Stereotaxis, Inc. | −13,534 | 1,094,123 | $2,013,186 | |
| VANI | Vivani Medical, Inc. | −4,304 | 40,000 | $40,000 | |
| SNYR | Synergy CHC Corp. | −3,453 | 10,222 | $13,186 | |
| EURK | Eureka Acquisition Corp | −3,000 | 12,783 | $144,959 | |
| CRAC | Crown Reserve Acquisition Corp. I | −2,200 | 47,110 | $471,571 | |
| QSEA | Quartzsea Acquisition Corp | −2,049 | 21,951 | $227,631 | |
| DRDB | Roman DBDR Acquisition Corp. II | −704 | 23,206 | $242,966 | |
| CCAQ | Collective Acquisition Corp. | −100 | 28,303 | $292,369 | |
| YCY | AA Mission Acquisition Corp. II | −13 | 34,987 | $352,319 | |
| KCHV | Kochav Defense Acquisition Corp. | −11 | 76,780 | $786,995 | |
| MMTX | Miluna Acquisition Corp | −11 | 45,989 | $460,349 | |
| AXIN | Axiom Intelligence Acquisition Corp 1 | −8 | 23,992 | $243,038 | |
| CHAR | Charlton Aria Acquisition Corp | −1 | 98,664 | $1,043,865 | |
| DMAA | Drugs Made In America Acquisition Corp. | −1 | 92,054 | $964,725 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CLM | Cornerstone Strategic Investment Fund, Inc. | 1,041,935 | $7,585,286 | |
| QQQ | Invesco Qqq Trust, Series 1 | 3,000 | $1,731,540 | |
| FGII | FG Imperii Acquisition Corp. | 154,908 | $1,533,589 | |
| XSLL | Xsolla SPAC 1 | 143,000 | $1,405,690 | |
| PTOR | Praetorian Acquisition Corp. | 99,999 | $979,990 | |
| DBCA | D. Boral Acquisition I Corp. | 77,000 | $759,220 | |
| SVAQ | Silicon Valley Acquisition Corp. | 75,000 | $741,750 | |
| XCBE | X3 Acquisition Corp. Ltd. | 75,000 | $738,000 | |
| VHCP | Vine Hill Capital Investment Corp. II | 70,497 | $697,920 | |
| RFAM | RF Acquisition Corp III | 70,000 | $685,300 | |
| ARTC | Art Technology Acquisition Corp. | 50,000 | $490,500 | |
| SCII | SC II Acquisition Corp. | 46,200 | $460,614 | |
| CRAN | Crane Harbor Acquisition Corp. II | 23,512 | $233,003 | |
| BIXI | Bitcoin Infrastructure Acquisition Corp Ltd | 20,000 | $198,400 | |
| DC | Dakota Gold Corp. | 25,045 | $126,477 | |
| OACC | Oaktree Acquisition Corp. III Life Sciences | 10,025 | $106,064 | |
| VEEE | Twin Vee PowerCats, Co. | 239,431 | $61,533 | |
| CLDI | Calidi Biotherapeutics, Inc. | 250,000 | $59,750 | |
| OTLK | Outlook Therapeutics, Inc. | 275,000 | $56,650 | |
| LFCR | Lifecore Biomedical, Inc. \De\ | 15,000 | $55,800 | |
| VOXR | Vox Royalty Corp. | 10,000 | $52,400 | |
| VENU | Venu Holding Corp | 12,000 | $39,720 | |
| PMNT | Perfect Moment Ltd. | 95,200 | $24,656 | |
| PROP | Prairie Operating Co. | 10,000 | $20,300 | |
| ICCM | IceCure Medical Ltd. | 65,568 | $19,735 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
24 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AKTX | Akari Therapeutics Plc | 308,340 | $3,564,410 | |
| MODD | Modular Medical, Inc. | 92,935 | $1,014,850 | |
| RGTI | Rigetti Computing, Inc. | 41,700 | $923,655 | |
| TLNC | Talon Capital Corp. | 57,674 | $583,084 | |
| KVAC | Keen Vision Acquisition Corp. | 45,988 | $540,359 | |
| PELI | Pelican Acquisition Corp | 50,000 | $507,550 | |
| QUMS | Quantumsphere Acquisition Corp | 41,421 | $414,624 | |
| OKLO | Oklo Inc. | 5,000 | $358,800 | |
| MPTI | M-tron Industries, Inc. | 5,258 | $279,830 | |
| CAPN | Cayson Acquisition Corp | 26,207 | $278,842 | |
| WTG | Wintergreen Acquisition Corp. | 23,964 | $244,193 | |
| DCOY | Decoy Therapeutics Inc. | 28,000 | $218,064 | |
| PROF | Profound Medical Corp. | 21,000 | $165,270 | |
| FGMC | FG Merger II Corp. | 15,000 | $150,600 | |
| UYSC | UY Scuti Acquisition Corp. | 14,600 | $149,650 | |
| RGNT | Regentis Biomaterials Ltd. | 19,093 | $128,686 | |
| EOSE | Eos Energy Enterprises, Inc. | 11,218 | $128,558 | |
| ATII | Archimedes Tech SPAC Partners II Co. | 10,000 | $103,600 | |
| NXB | NextBoat Inc. | 14,500 | $30,305 | |
| ASNS | Actelis Networks Inc | 51,011 | $25,250 | |
| VNRX | Volitionrx Ltd | 90,833 | $23,616 | |
| REED | Reed's, Inc. | 10,705 | $22,480 | |
| EONR | EON Resources Inc. | 48,009 | $18,435 | |
| SYNX | Silynxcom Ltd. | 14,196 | $15,189 | |
| No positions match the current search. | ||||
74 positions ·
$38,918,741 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Real Estate
Showing 1–50
of 74 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CLM |
Cornerstone Strategic Investment Fund, Inc.
Financial Services
|
NEW | 1,041,935 | $7,585,286 | 19.49% | |
| STXS |
Stereotaxis, Inc.
Healthcare
|
Reduced | 1,094,123 | $2,013,186 | 5.17% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
NEW | 3,000 | $1,731,540 | 4.45% | |
| FGII |
FG Imperii Acquisition Corp.
Financial Services
|
NEW | 154,908 | $1,533,589 | 3.94% | |
| XSLL |
Xsolla SPAC 1
Financial Services
|
NEW | 143,000 | $1,405,690 | 3.61% | |
| VNME |
Vendome Acquisition Corp I
Financial Services
|
Reduced | 118,983 | $1,199,348 | 3.08% | |
| TAVI |
Tavia Acquisition Corp.
Financial Services
|
Held | 104,360 | $1,102,041 | 2.83% | |
| NEN |
New England Realty Associates Limited Partnership
Real Estate
|
Added | 17,706 | $1,080,951 | 2.78% | |
| CHAR |
Charlton Aria Acquisition Corp
Financial Services
|
Reduced | 98,664 | $1,043,865 | 2.68% | |
| PTOR |
Praetorian Acquisition Corp.
Financial Services
|
NEW | 99,999 | $979,990 | 2.52% | |
| DMAA |
Drugs Made In America Acquisition Corp.
Financial Services
|
Reduced | 92,054 | $964,725 | 2.48% | |
| ORIQ |
Origin Investment Corp I
Financial Services
|
Held | 83,610 | $852,822 | 2.19% | |
| BKHA |
Black Hawk Acquisition Corp
Financial Services
|
Held | 72,323 | $838,223 | 2.15% | |
| KCHV |
Kochav Defense Acquisition Corp.
Financial Services
|
Reduced | 76,780 | $786,995 | 2.02% | |
| TDAC |
Translational Development Acquisition Corp.
Financial Services
|
Held | 73,422 | $776,804 | 2.00% | |
| DBCA |
D. Boral Acquisition I Corp.
Financial Services
|
NEW | 77,000 | $759,220 | 1.95% | |
| SVAQ |
Silicon Valley Acquisition Corp.
Financial Services
|
NEW | 75,000 | $741,750 | 1.91% | |
| XCBE |
X3 Acquisition Corp. Ltd.
Financial Services
|
NEW | 75,000 | $738,000 | 1.90% | |
| VHCP |
Vine Hill Capital Investment Corp. II
Financial Services
|
NEW | 70,497 | $697,920 | 1.79% | |
| RFAM |
RF Acquisition Corp III
Financial Services
|
NEW | 70,000 | $685,300 | 1.76% | |
| CRAQ |
Cal Redwood Acquisition Corp.
Financial Services
|
Held | 49,900 | $506,485 | 1.30% | |
| ARTC |
Art Technology Acquisition Corp.
|
NEW | 50,000 | $490,500 | 1.26% | |
| CRAC |
Crown Reserve Acquisition Corp. I
Financial Services
|
Reduced | 47,110 | $471,571 | 1.21% | |
| SCII |
SC II Acquisition Corp.
Financial Services
|
NEW | 46,200 | $460,614 | 1.18% | |
| MMTX |
Miluna Acquisition Corp
Financial Services
|
Reduced | 45,989 | $460,349 | 1.18% | |
| INAC |
Indigo Acquisition Corp.
Financial Services
|
Held | 44,612 | $454,596 | 1.17% | |
| LKSP |
Lake Superior Acquisition Corp
Financial Services
|
Held | 44,947 | $451,717 | 1.16% | |
| POST |
Post Holdings, Inc.
Consumer Defensive
|
Held | 4,500 | $444,870 | 1.14% | |
| USAR |
USA Rare Earth, Inc.
Basic Materials
|
Held | 25,333 | $383,414 | 0.99% | |
| HAVA |
Harvard Ave Acquisition Corp
Financial Services
|
Held | 37,500 | $375,375 | 0.96% | |
| GTERA |
Globa Terra Acquisition Corp
Financial Services
|
Held | 36,300 | $370,623 | 0.95% | |
| OTGA |
OTG Acquisition Corp. I
Financial Services
|
Held | 35,438 | $356,506 | 0.92% | |
| CHPG |
ChampionsGate Acquisition Corp
Financial Services
|
Held | 34,742 | $356,105 | 0.91% | |
| YCY |
AA Mission Acquisition Corp. II
Financial Services
|
Reduced | 34,987 | $352,319 | 0.91% | |
| CCAQ |
Collective Acquisition Corp.
Financial Services
|
Reduced | 28,303 | $292,369 | 0.75% | |
| APAC |
StoneBridge Acquisition II Corp
Financial Services
|
Held | 27,500 | $276,375 | 0.71% | |
| MKLY |
McKinley Acquisition Corp
Financial Services
|
Held | 27,000 | $270,810 | 0.70% | |
| PGAC |
PANTAGES CAPITAL ACQUISITION Corp
Financial Services
|
Reduced | 24,760 | $259,484 | 0.67% | |
| ENHA |
Enhanced Group Inc.
Consumer Defensive
|
Held | 25,000 | $254,250 | 0.65% | |
| SOCA |
Solarius Capital Acquisition Corp.
Financial Services
|
Held | 24,895 | $253,182 | 0.65% | |
| EVOX |
Evolution Global Acquisition Corp
Financial Services
|
Held | 25,000 | $249,000 | 0.64% | |
| TDWD |
Tailwind 2.0 Acquisition Corp.
Financial Services
|
Held | 24,900 | $247,008 | 0.63% | |
| LAFA |
LaFayette Acquisition Corp.
Financial Services
|
Held | 24,553 | $244,793 | 0.63% | |
| AXIN |
Axiom Intelligence Acquisition Corp 1
Financial Services
|
Reduced | 23,992 | $243,038 | 0.62% | |
| DRDB |
Roman DBDR Acquisition Corp. II
Financial Services
|
Reduced | 23,206 | $242,966 | 0.62% | |
| CRAN |
Crane Harbor Acquisition Corp. II
Financial Services
|
NEW | 23,512 | $233,003 | 0.60% | |
| RIBB |
Ribbon Acquisition Corp.
Financial Services
|
Added | 21,826 | $229,391 | 0.59% | |
| QSEA |
Quartzsea Acquisition Corp
Financial Services
|
Reduced | 21,951 | $227,631 | 0.58% | |
| VACI |
Viking Acquisition Corp I
Financial Services
|
Held | 21,201 | $210,525 | 0.54% | |
| BIXI |
Bitcoin Infrastructure Acquisition Corp Ltd
Financial Services
|
NEW | 20,000 | $198,400 | 0.51% |