CM Management, LLC

CIK

1841857

Location

GULF BREEZE, FL

Portfolio Value

Small $122,320,916

Diversification

Diversified

Filing Date

Global Rank

#5,254 / 8,603 ▲ 202 · as of Mar 2026

Top Industry

Biotechnology 23.1%

3Y Alpha vs SPY

+1.0%

Period ended 3 months ago

Filed May 8, 2026 · 2mo

22 quarters · since Dec 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+72.4%

SPY

+76.5%

Annualised alpha

-1.0%

Max drawdown

−26.9%

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

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

Top Position

6.7%

−1.2 pts

Top 5

24.3%

−6.3 pts

Top 10

38.4%

−6.9 pts

HHI

243

Diversified−80

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	36.2%	$44,267,181	28
Financial Services	12.6%	$15,457,600	8
Technology	10.8%	$13,271,690	8
Industrials	9.8%	$11,957,800	7
Consumer Defensive	9.6%	$11,688,865	5
Real Estate	8.2%	$10,028,600	4
Consumer Cyclical	7.6%	$9,351,900	7
Basic Materials	2.4%	$2,968,680	2
Energy	1.5%	$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	$3,387,500
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	$82,500
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 positions · $122,320,916 total · 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%	6.75%
RIGL	Rigel Pharmaceuticals Inc Healthcare	Added	235,000	+10,000	$6,354,400	−34.1%	5.19%
RPRX	Royalty Pharma plc Healthcare	Added	125,000	+50,000	$5,996,250	+106.9%	4.90%
RLGT	Radiant Logistics, Inc Industrials	Held	650,000	0	$4,582,500	+11.4%	3.75%
INTT	Intest Corp Technology	Reduced	330,000	-87,500	$4,504,500	+44.4%	3.68%
BGC	BGC Group, Inc. Financial Services	Added	450,000	+50,000	$4,401,000	+23.2%	3.60%
CHRS	Coherus Oncology, Inc. Healthcare	Held	2,100,000	0	$3,549,000	+19.0%	2.90%
SVC	Service Properties Trust Real Estate	Added	500,000	+100,000	$3,387,500	−7.9%	2.77%
CRL	Charles River Laboratories International, Inc. Healthcare	NEW	17,500	NEW	$3,018,750	NEW	2.47%
HZO	Marinemax Inc Consumer Cyclical	Added	110,000	+10,000	$2,976,600	+22.8%	2.43%
NMRK	Newmark Group, Inc. Real Estate	Held	190,000	0	$2,848,100	−13.6%	2.33%
PK	Park Hotels & Resorts Inc. Real Estate	Added	250,000	+25,000	$2,632,500	+11.9%	2.15%
OGN	Organon & Co. Healthcare	Added	400,000	+200,000	$2,396,000	+67.1%	1.96%
VTRS	Viatris Inc Healthcare	Reduced	175,000	-25,000	$2,364,250	−5.1%	1.93%
RBCAA	Republic Bancorp Inc /Ky/ Financial Services	Held	32,000	0	$2,257,600	+2.3%	1.85%
ARKO	ARKO Corp. Consumer Cyclical	Reduced	375,000	-25,000	$2,085,000	+14.8%	1.70%
ELDN	Eledon Pharmaceuticals, Inc. Healthcare	Held	650,000	0	$2,002,000	+104.0%	1.64%
EG	Everest Group, Ltd. Financial Services	NEW	6,000	NEW	$1,961,100	NEW	1.60%
AVIR	Atea Pharmaceuticals, Inc. Healthcare	Held	355,000	0	$1,909,900	+50.7%	1.56%
THFF	First Financial Corp /In/ Financial Services	Added	30,000	+7,500	$1,896,000	+39.5%	1.55%
VTOL	Bristow Group Inc. Energy	Held	40,000	0	$1,875,600	+28.0%	1.53%
ALK	Alaska Air Group, Inc. Industrials	NEW	50,000	NEW	$1,839,000	NEW	1.50%
IOSP	Innospec Inc. Basic Materials	Added	24,000	+4,000	$1,752,480	+14.5%	1.43%
HPQ	Hp Inc Technology	NEW	90,000	NEW	$1,728,900	NEW	1.41%
CPA	Copa Holdings, S.A. Industrials	Added	15,000	+12,500	$1,704,150	+465.2%	1.39%
EOLS	Evolus, Inc. Healthcare	Added	400,000	+150,000	$1,644,000	−1.1%	1.34%
IOVA	Iovance Biotherapeutics, Inc. Healthcare	Added	450,000	+50,000	$1,579,500	+44.6%	1.29%
PD	PagerDuty, Inc. Technology	Added	250,000	+100,000	$1,552,500	−21.1%	1.27%
COYA	Coya Therapeutics, Inc. Healthcare	Added	375,000	+25,000	$1,477,500	−27.2%	1.21%
ARKR	Ark Restaurants Corp Consumer Cyclical	Held	225,000	0	$1,476,000	−2.2%	1.21%
SI	Shoulder Innovations, Inc.	Added	100,000	+75,000	$1,453,000	+306.4%	1.19%
SABR	Sabre Corp Technology	Added	999,900	+199,900	$1,449,855	+33.3%	1.19%
CGNT	Cognyte Software Ltd. Technology	Added	175,000	+15,000	$1,417,500	−5.8%	1.16%
ENOV	Enovis CORP Healthcare	NEW	60,000	NEW	$1,365,000	NEW	1.12%
CLPT	ClearPoint Neuro, Inc. Healthcare	Added	150,000	+70,000	$1,365,000	+24.7%	1.12%
VCTR	Victory Capital Holdings, Inc. Financial Services	NEW	20,000	NEW	$1,309,600	NEW	1.07%
CMCO	Columbus Mckinnon Corp Industrials	Added	90,000	+35,000	$1,307,700	+37.8%	1.07%
XOMA	XOMA Royalty Corp Healthcare	Held	40,000	0	$1,254,800	+18.0%	1.03%
IRWD	Ironwood Pharmaceuticals Inc Healthcare	NEW	350,000	NEW	$1,228,500	NEW	1.00%
PRU	Prudential Financial Inc Financial Services	NEW	12,500	NEW	$1,221,125	NEW	1.00%
SMG	Scotts Miracle-Gro Co Basic Materials	Held	20,000	0	$1,216,200	+4.2%	0.99%
DIT	Amcon Distributing Co Consumer Defensive	Added	13,500	+4,500	$1,214,865	+82.7%	0.99%
SRCE	1St Source Corp Financial Services	Held	17,500	0	$1,211,175	+10.8%	0.99%
BBT	Beacon Financial Corp Financial Services	Reduced	40,000	-8,300	$1,200,000	−5.8%	0.98%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Reduced	25,000	-5,000	$1,160,500	−21.0%	0.95%
PROF	Profound Medical Corp. Healthcare	Added	175,000	+95,000	$1,134,000	+80.1%	0.93%
MSFT	Microsoft Corp Technology	NEW	3,000	NEW	$1,110,510	NEW	0.91%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	5,000	NEW	$1,041,350	NEW	0.85%
HELE	Helen Of Troy Ltd Consumer Defensive	Added	70,000	+55,000	$1,009,400	+216.7%	0.83%
TNC	Tennant Co Industrials	NEW	15,000	NEW	$996,000	NEW	0.81%