Spruce Point Capital Management, LLC

Registered adviser

CIK

1731579

Location

RIVERHEAD, NY

Portfolio Value

Micro $57,847,311

Diversification

Moderately concentrated

Filing Date

Global Rank

#8,563 / 8,827 ▼ 265

Top Industry

Farm Products 52.3%

3Y Alpha vs SPY

-18.6%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

3 quarters · since Dec 2025

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 288248

Roster of Nov 1, 2026

Regulatory AUM

$262,179,127

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Nov 1, 2026

$262,179,127 gross assets

Private funds on Schedule D 7.B.(1)

As filed Feb 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$334,548,566 gross assets in 1 fund Hedge funds $334,548,566 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$262,179,127	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$314,614,827	Pooled investment vehicles (100%)
Mar 2024 to Mar 2025	$334,548,566	Pooled investment vehicles (100%)
May 2023 to Feb 2024	$273,635,643	Pooled investment vehicles (100%)
Apr 2023	$273,635,643	Pooled investment vehicles (100%)
Apr 2022 to Mar 2023	$214,336,339	Pooled investment vehicles (100%)

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 96.9% of the book (60%+)

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 2.7 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 94.2%; sector active share 78.4% against the combined 13F book's sector weights.

Over time 3 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

20 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

23.3%

−12.3 pts

Top 5

80.4%

−3.8 pts

Top 10

94.1%

−1.6 pts

HHI

1,633

Moderately concentrated−273

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	86.8%	$50,214,945	14
Consumer Defensive	6.9%	$3,990,157	2
Industrials	3.6%	$2,078,641	2
Consumer Cyclical	1.4%	$783,190	1
Technology	1.3%	$780,378	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	+3,210	8,210	$6,045,844
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	+2,600	9,000	$1,667,070
SPY	Spdr S&P 500 ETF Trust	+2,000	17,000	$12,695,090
No positions match the current search.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
MOO	VanEck Agribusiness ETF	−154,809	3,211	$254,311
REMX	VanEck Rare Earth and Strategic Metals ETF	−31,434	84,730	$7,498,605
URNM		−31,000	6,000	$315,540
GDXJ	VanEck Junior Gold Miners ETF	−14,880	30,000	$2,947,500
EUFN	iShares MSCI Europe Financials ETF	−4,000	90,000	$3,509,100
GDX	VanEck Gold Miners ETF	−2,722	23,530	$1,775,338
IWM	iShares Russell 2000 ETF	−2,600	25,400	$7,631,430
ADM	Archer-Daniels-Midland Co	−1,373	24,008	$1,834,211
WCC	Wesco International Inc	−700	2,701	$933,006
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
TG	Tredegar Corp	143,924	$1,145,635
SWKS	Skyworks Solutions, Inc.	11,510	$780,378
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
—		110,000	$9,017,800
IYT	iShares U.S. Transportation ETF	6,200	$462,520
URA	Global X Uranium ETF	8,000	$387,440
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

20 tracked positions · $57,847,311 total · filing declares 21 positions · $57,847,313 · as of Jun 30, 2026

All sectors Consumer Cyclical Consumer Defensive Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	17,000	+2,000	$12,695,090	+30.1%	3	before history	21.95%
IWM	iShares Russell 2000 ETF	Reduced	25,400	-2,600	$7,631,430	+9.9%	3	before history	13.19%
REMX	VanEck Rare Earth and Strategic Metals ETF	Reduced	84,730	-31,434	$7,498,605	−26.6%	3	before history	12.96%
QQQ	Invesco Qqq Trust, Series 1	Added	8,210	+3,210	$6,045,844	+109.5%	3	before history	10.45%
GDXJ	VanEck Junior Gold Miners ETF PUT + SHARES	Reduced	40,000	-12,880	$3,930,000	−38.1%	2	$130.61	6.79%
EUFN	iShares MSCI Europe Financials ETF	Reduced	90,000	-4,000	$3,509,100	+7.1%	3	before history	6.07%
		Held	50,000	0	$2,205,500	−2.5%	2	$43.89	3.81%
BG	Bunge Global SA PUT Consumer Defensive	Reduced	20,200	-90,500	$2,155,946	−84.7%	—	—	3.73%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Reduced	24,008	-1,373	$1,834,211	−0.6%	2	$67.53	3.17%
GDX	VanEck Gold Miners ETF	Reduced	23,530	-2,722	$1,775,338	−26.3%	2	$98.53	3.07%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Added	9,000	+2,600	$1,667,070	+61.1%	2	$169.56	2.88%
TG	Tredegar Corp Industrials	NEW	143,924	NEW	$1,145,635	NEW	1	$8.48	1.98%
EWA	iShares MSCI Australia ETF	Held	40,000	0	$1,126,400	+1.4%	3	before history	1.95%
IGM	iShares Expanded Tech Sector ETF	Held	6,000	0	$981,480	+38.0%	3	before history	1.70%
WCC	Wesco International Inc Industrials	Reduced	2,701	-700	$933,006	+0.3%	2	$280.84	1.61%
SGHC	Super Group (SGHC) Ltd CALL Consumer Cyclical	Held	57,800	0	$783,190	+25.5%	—	—	1.35%
SWKS	Skyworks Solutions, Inc. Technology	NEW	11,510	NEW	$780,378	NEW	1	$68.06	1.35%
AIRR	First Trust Exchange-Traded Fund VI	Held	4,347	0	$579,237	+20.3%	3	before history	1.00%
URNM		Reduced	6,000	-31,000	$315,540	−86.5%	3	before history	0.55%
MOO	VanEck Agribusiness ETF	Reduced	3,211	-154,809	$254,311	−98.1%	2	$81.51	0.44%

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.