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Ursa Fund Management, LLC

Location
Danville, CA
Portfolio Value
Mid $1,228,289,422
Diversification
Moderately concentrated
Filing Date
Global Rank
#1,695 / 8,517 ▲ 4751
Top Industry
Software - Infrastructure 35.1%
3Y Alpha vs SPY
-11.7%
Period ended 48 days ago
Filed Aug 14, 2026 · 3d
26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio
+31.9%
SPY
+77.9%
Annualised alpha
-11.5%
Max drawdown
−46.4%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 56% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

22 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026
Top Position
33.4%
−6.2 pts
Top 5
87.8%
−3.3 pts
Top 10
99.2%
−0.8 pts
HHI
2,179
Sep 2023 → Jun 2026 · range 1,800 – 7,812
Moderately concentrated−695

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026
Sector % Portfolio Value
Technology 60.2% $739,072,700
Consumer Cyclical 26.4% $323,862,000
Financial Services 6.4% $78,796,928
Unclassified 5.0% $60,814,826
Industrials 1.4% $17,377,658
Communication Services 0.4% $4,722,820
Healthcare 0.3% $3,395,990
Real Estate 0.0% $246,500

Last Quarter's Activity

Export CSV
Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased
5 positions
Ticker Δ Shares Shares Value Open

Trimmed

Positions the filer reduced
No qualifying positions this quarter.

New Positions

Positions the filer opened this quarter
17 positions
Ticker Shares Value Open

Sold Out

Positions the filer fully exited
6 positions
Ticker Shares Value Open

Portfolio Positions

Export CSV View 13F filing
22 tracked positions · $1,228,289,422 total · filing declares 38 positions · $1,279,228,373 · as of Jun 30, 2026
Ticker Company Shares Value (USD) % of Portfolio History

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.