CM Management, LLC

CIK

1841857

Location

GULF BREEZE, FL

Portfolio Value

Small $119,532,541

Diversification

Diversified

Filing Date

Global Rank

#5,326 / 8,623 ▲ 208 · as of Mar 2026

Top Industry

Biotechnology 23.6%

3Y Alpha vs SPY

-1.4%

Period ended 4 months ago

Filed May 8, 2026 · 3mo

22 quarters · since Dec 2020

Clone Performance

Jul 2023–Jul 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

+72.3%

SPY

+65.3%

Annualised alpha

+1.7%

Max drawdown

−25.6%

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. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

71 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.9%

−1.3 pts

Top 5

24.8%

−6.5 pts

Top 10

38.9%

−7.0 pts

HHI

247

Diversified−83

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	37.0%	$44,188,806	28
Financial Services	12.9%	$15,457,600	8
Technology	11.1%	$13,271,690	8
Industrials	10.0%	$11,957,800	7
Consumer Defensive	9.8%	$11,688,865	5
Consumer Cyclical	7.8%	$9,351,900	7
Real Estate	6.1%	$7,318,600	4
Basic Materials	2.5%	$2,968,680	2
Energy	1.6%	$1,875,600	1
Unclassified	1.2%	$1,453,000	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GUTS	Fractyl Health, Inc.	+600,000	1,400,000	$641,200
HRTX	Heron Therapeutics, Inc. /De/	+250,000	1,000,000	$800,000
CGTX	Cognition Therapeutics Inc	+200,000	400,000	$304,000
OGN	Organon & Co.	+200,000	400,000	$2,396,000
SABR	Sabre Corp	+199,900	999,900	$1,449,855
EOLS	Evolus, Inc.	+150,000	400,000	$1,644,000
SVC	Service Properties Trust	+100,000	500,000	$677,500
PD	PagerDuty, Inc.	+100,000	250,000	$1,552,500
PROF	Profound Medical Corp.	+95,000	175,000	$1,134,000
SI	Shoulder Innovations, Inc.	+75,000	100,000	$1,453,000
CLPT	ClearPoint Neuro, Inc.	+70,000	150,000	$1,365,000
HELE	Helen Of Troy Ltd	+55,000	70,000	$1,009,400
RPRX	Royalty Pharma plc	+50,000	125,000	$5,996,250
BGC	BGC Group, Inc.	+50,000	450,000	$4,401,000
IOVA	Iovance Biotherapeutics, Inc.	+50,000	450,000	$1,579,500
CMCO	Columbus Mckinnon Corp	+35,000	90,000	$1,307,700
LTRN	Lantern Pharma Inc.	+25,000	250,000	$342,500
PK	Park Hotels & Resorts Inc.	+25,000	250,000	$2,632,500
COYA	Coya Therapeutics, Inc.	+25,000	375,000	$1,477,500
CGNT	Cognyte Software Ltd.	+15,000	175,000	$1,417,500
CPA	Copa Holdings, S.A.	+12,500	15,000	$1,704,150
HZO	Marinemax Inc	+10,000	110,000	$2,976,600
AVNW	Aviat Networks, Inc.	+10,000	30,000	$678,300
RIGL	Rigel Pharmaceuticals Inc	+10,000	235,000	$6,354,400
THFF	First Financial Corp /In/	+7,500	30,000	$1,896,000
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
CRIS	Curis Inc	−175,000	150,000	$4,125
INTT	Intest Corp	−87,500	330,000	$4,504,500
KDP	Keurig Dr Pepper Inc.	−80,000	20,000	$526,600
ARKO	ARKO Corp.	−25,000	375,000	$2,085,000
VTRS	Viatris Inc	−25,000	175,000	$2,364,250
ASRT	Assertio Holdings, Inc.	−15,000	35,000	$667,100
BBT	Beacon Financial Corp	−8,300	40,000	$1,200,000
ARE	Alexandria Real Estate Equities, Inc.	−5,000	25,000	$1,160,500
No positions match the current search.

New Positions

Positions the filer opened this quarter

18 positions

Ticker	Company	Shares	Value
CRL	Charles River Laboratories International, Inc.	17,500	$3,018,750
EG	Everest Group, Ltd.	6,000	$1,961,100
ALK	Alaska Air Group, Inc.	50,000	$1,839,000
HPQ	Hp Inc	90,000	$1,728,900
ENOV	Enovis CORP	60,000	$1,365,000
VCTR	Victory Capital Holdings, Inc.	20,000	$1,309,600
IRWD	Ironwood Pharmaceuticals Inc	350,000	$1,228,500
PRU	Prudential Financial Inc	12,500	$1,221,125
MSFT	Microsoft Corp	3,000	$1,110,510
AMZN	Amazon Com Inc	5,000	$1,041,350
TNC	Tennant Co	15,000	$996,000
HRI	Herc Holdings Inc	10,000	$995,500
CHDN	Churchill Downs Inc	10,000	$898,300
GNLX	GENELUX Corp	250,000	$605,000
SWK	Stanley Black & Decker, Inc.	7,500	$532,950
WGO	Winnebago Industries Inc	15,000	$464,850
CWH	Camping World Holdings, Inc.	60,000	$409,800
NVNO	enVVeno Medical Corp	35,714	$361,782
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
TGB	Trekor Metals Ltd	1,700,000	$9,622,000
FOLD	AMICUS THERAPEUTICS, INC.	370,000	$5,268,800
PLPC	Preformed Line Products Co	25,000	$5,167,750
CGAU	Centerra Gold Inc.	200,000	$2,874,000
TALO	Talos Energy Inc.	200,000	$2,204,000
CRGY	Crescent Energy Co	175,000	$1,468,250
LYB	LyondellBasell Industries N.V.	30,000	$1,299,000
CMPX	Compass Therapeutics, Inc.	100,000	$537,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

71 tracked positions · $119,532,541 total · filing declares 71 positions · $119,610,574 · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 71 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ALCO	Alico, Inc. Consumer Defensive	Held	200,000	0	$8,252,000	+13.4%	6.90%
RIGL	Rigel Pharmaceuticals Inc Healthcare	Added	235,000	+10,000	$6,354,400	−34.1%	5.32%
RPRX	Royalty Pharma plc Healthcare	Added	125,000	+50,000	$5,996,250	+106.9%	5.02%
RLGT	Radiant Logistics, Inc Industrials	Held	650,000	0	$4,582,500	+11.4%	3.83%
INTT	Intest Corp Technology	Reduced	330,000	-87,500	$4,504,500	+44.4%	3.77%
BGC	BGC Group, Inc. Financial Services	Added	450,000	+50,000	$4,401,000	+23.2%	3.68%
CHRS	Coherus Oncology, Inc. Healthcare	Held	2,100,000	0	$3,549,000	+19.0%	2.97%
CRL	Charles River Laboratories International, Inc. Healthcare	NEW	17,500	NEW	$3,018,750	NEW	2.53%
HZO	Marinemax Inc Consumer Cyclical	Added	110,000	+10,000	$2,976,600	+22.8%	2.49%
NMRK	Newmark Group, Inc. Real Estate	Held	190,000	0	$2,848,100	−13.6%	2.38%
PK	Park Hotels & Resorts Inc. Real Estate	Added	250,000	+25,000	$2,632,500	+11.9%	2.20%
OGN	Organon & Co. Healthcare	Added	400,000	+200,000	$2,396,000	+67.1%	2.00%
VTRS	Viatris Inc Healthcare	Reduced	175,000	-25,000	$2,364,250	−5.1%	1.98%
RBCAA	Republic Bancorp Inc /Ky/ Financial Services	Held	32,000	0	$2,257,600	+2.3%	1.89%
ARKO	ARKO Corp. Consumer Cyclical	Reduced	375,000	-25,000	$2,085,000	+14.8%	1.74%
ELDN	Eledon Pharmaceuticals, Inc. Healthcare	Held	650,000	0	$2,002,000	+104.0%	1.67%
EG	Everest Group, Ltd. Financial Services	NEW	6,000	NEW	$1,961,100	NEW	1.64%
AVIR	Atea Pharmaceuticals, Inc. Healthcare	Held	355,000	0	$1,909,900	+50.7%	1.60%
THFF	First Financial Corp /In/ Financial Services	Added	30,000	+7,500	$1,896,000	+39.5%	1.59%
VTOL	Bristow Group Inc. Energy	Held	40,000	0	$1,875,600	+28.0%	1.57%
ALK	Alaska Air Group, Inc. Industrials	NEW	50,000	NEW	$1,839,000	NEW	1.54%
IOSP	Innospec Inc. Basic Materials	Added	24,000	+4,000	$1,752,480	+14.5%	1.47%
HPQ	Hp Inc Technology	NEW	90,000	NEW	$1,728,900	NEW	1.45%
CPA	Copa Holdings, S.A. Industrials	Added	15,000	+12,500	$1,704,150	+465.2%	1.43%
EOLS	Evolus, Inc. Healthcare	Added	400,000	+150,000	$1,644,000	−1.1%	1.38%
IOVA	Iovance Biotherapeutics, Inc. Healthcare	Added	450,000	+50,000	$1,579,500	+44.6%	1.32%
PD	PagerDuty, Inc. Technology	Added	250,000	+100,000	$1,552,500	−21.1%	1.30%
COYA	Coya Therapeutics, Inc. Healthcare	Added	375,000	+25,000	$1,477,500	−27.2%	1.24%
ARKR	Ark Restaurants Corp Consumer Cyclical	Held	225,000	0	$1,476,000	−2.2%	1.23%
SI	Shoulder Innovations, Inc.	Added	100,000	+75,000	$1,453,000	+306.4%	1.22%
SABR	Sabre Corp Technology	Added	999,900	+199,900	$1,449,855	+33.3%	1.21%
CGNT	Cognyte Software Ltd. Technology	Added	175,000	+15,000	$1,417,500	−5.8%	1.19%
ENOV	Enovis CORP Healthcare	NEW	60,000	NEW	$1,365,000	NEW	1.14%
CLPT	ClearPoint Neuro, Inc. Healthcare	Added	150,000	+70,000	$1,365,000	+24.7%	1.14%
VCTR	Victory Capital Holdings, Inc. Financial Services	NEW	20,000	NEW	$1,309,600	NEW	1.10%
CMCO	Columbus Mckinnon Corp Industrials	Added	90,000	+35,000	$1,307,700	+37.8%	1.09%
XOMA	XOMA Royalty Corp Healthcare	Held	40,000	0	$1,254,800	+18.0%	1.05%
IRWD	Ironwood Pharmaceuticals Inc Healthcare	NEW	350,000	NEW	$1,228,500	NEW	1.03%
PRU	Prudential Financial Inc Financial Services	NEW	12,500	NEW	$1,221,125	NEW	1.02%
SMG	Scotts Miracle-Gro Co Basic Materials	Held	20,000	0	$1,216,200	+4.2%	1.02%
DIT	Amcon Distributing Co Consumer Defensive	Added	13,500	+4,500	$1,214,865	+21.8%	1.02%
SRCE	1St Source Corp Financial Services	Held	17,500	0	$1,211,175	+10.8%	1.01%
BBT	Beacon Financial Corp Financial Services	Reduced	40,000	-8,300	$1,200,000	−5.8%	1.00%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Reduced	25,000	-5,000	$1,160,500	−21.0%	0.97%
PROF	Profound Medical Corp. Healthcare	Added	175,000	+95,000	$1,134,000	+80.1%	0.95%
MSFT	Microsoft Corp Technology	NEW	3,000	NEW	$1,110,510	NEW	0.93%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	5,000	NEW	$1,041,350	NEW	0.87%
HELE	Helen Of Troy Ltd Consumer Defensive	Added	70,000	+55,000	$1,009,400	+216.7%	0.84%
TNC	Tennant Co Industrials	NEW	15,000	NEW	$996,000	NEW	0.83%
HRI	Herc Holdings Inc Industrials	NEW	10,000	NEW	$995,500	NEW	0.83%

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.