Beartown Capital Management, LLC

CIK

1877162

Location

HUNTINGTON WOODS, MI

Portfolio Value

Small $225,380,945

Diversification

Diversified

Filing Date

Global Rank

#4,317 / 8,700 ▲ 1543

Top Industry

Capital Markets 40.4%

3Y Alpha vs SPY

+45.2%

Period ended 2 months ago

Filed Aug 14, 2026 · 30d

3 quarters · since Dec 2025

Clone Performance

Feb 2026–Sep 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

+29.9%

SPY

+12.1%

Annualised alpha

+35.4%

Max drawdown

−27.5%

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. Returns are unavailable when a held security or benchmark crosses a captured split without a certified price basis; the requested window is not shortened to hide it. It tracks 84% of reported value on average across 3 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

16.4%

+2.1 pts

Top 5

52.2%

−1.1 pts

Top 10

72.7%

−4.5 pts

HHI

715

Diversified−57

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	46.8%	$105,552,933	8
Communication Services	19.5%	$44,022,032	7
Technology	19.3%	$43,444,327	6
Utilities	5.2%	$11,707,000	3
Healthcare	3.4%	$7,566,800	3
Consumer Cyclical	1.7%	$3,918,976	4
Energy	1.3%	$2,824,160	1
Real Estate	1.2%	$2,795,609	3
Basic Materials	0.9%	$2,069,861	2
Industrials	0.4%	$951,247	2
Consumer Defensive	0.2%	$528,000	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
GLXY	Galaxy Digital Inc.	+650,000	750,000	$20,505,000
VISN	Vistance Networks, Inc.	+350,000	750,000	$9,585,000
ECHO	EchoStar CORP	+110,000	210,000	$21,315,000
PRCH	Porch Group, Inc.	+20,000	670,000	$10,076,800
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
CLSK	Cleanspark, Inc.	−2,500,000	750,000	$10,912,500
CORZ	Core Scientific, Inc./tx	−700,000	750,000	$19,192,500
WULF	Terawulf Inc.	−575,000	1,500,000	$37,050,000
BTDR	Bitdeer Technologies Group	−500,000	500,000	$7,935,000
NBIS	Nebius Group N.V.	−110,000	10,000	$2,761,700
HUT	Hut 8 Corp.	−35,000	170,000	$19,625,650
ATEX	Anterix Inc.	−25,000	75,000	$7,720,500
LE	Lands' End, Inc.	−3,800	46,200	$484,176
No positions match the current search.

New Positions

Positions the filer opened this quarter

13 positions

Ticker	Company	Shares	Value
IMAX	Imax Corp	110,000	$4,384,600
HNRG	Hallador Energy Co	200,000	$3,478,000
MNRO	Monro, Inc.	200,000	$3,422,000
ZD	Ziff Davis, Inc.	65,000	$3,404,050
INMD	InMode Ltd.	225,000	$3,289,500
SHAZ	SharonAI Holdings Inc.	37,000	$3,132,420
HIVE	HIVE Digital Technologies Ltd.	800,000	$2,912,000
FRMI	Fermi Inc.	300,000	$2,748,000
ABVX	Abivax S.A.	20,000	$2,665,200
DDI	DoubleDown Interactive Co., Ltd.	144,637	$1,660,432
DGXX	Digi Power X Inc.	300,000	$1,635,000
QURE	uniQure N.V.	35,000	$1,612,100
KELYA	Kelly Services Inc	51,064	$627,065
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
SPY	Spdr S&P 500 ETF Trust	30,000	$19,510,200
QQQ	Invesco Qqq Trust, Series 1	20,000	$11,543,600
NVRI	Enviri Corp	422,441	$8,288,292
CIFR	Cipher Digital Inc.	400,000	$5,148,000
BWA	Borgwarner Inc	50,000	$2,713,000
CMTL	Comtech Telecommunications Corp /De/	251,881	$836,244
MAPS	Wm Technology, Inc.	568,883	$374,325
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

40 tracked positions · $225,380,945 total · filing declares 41 positions · $227,420,523 · as of Jun 30, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WULF	Terawulf Inc. Financial Services	Reduced	1,500,000	-575,000	$37,050,000	+23.7%	16.44%
ECHO	EchoStar CORP Communication Services	Added	210,000	+110,000	$21,315,000	+82.1%	9.46%
GLXY	Galaxy Digital Inc. Financial Services	Added	750,000	+650,000	$20,505,000	+1011.4%	9.10%
HUT	Hut 8 Corp. Financial Services	Reduced	170,000	-35,000	$19,625,650	+104.1%	8.71%
CORZ	Core Scientific, Inc./tx Technology	Reduced	750,000	-700,000	$19,192,500	−11.5%	8.52%
CLSK	Cleanspark, Inc. Financial Services	Reduced	750,000	-2,500,000	$10,912,500	−60.5%	4.84%
PRCH	Porch Group, Inc. Financial Services	Added	670,000	+20,000	$10,076,800	+116.2%	4.47%
VISN	Vistance Networks, Inc. Technology	Added	750,000	+350,000	$9,585,000	+31.7%	4.25%
BTDR	Bitdeer Technologies Group Technology	Reduced	500,000	-500,000	$7,935,000	−8.3%	3.52%
ATEX	Anterix Inc. Communication Services	Reduced	75,000	-25,000	$7,720,500	+102.2%	3.43%
NRGV	Energy Vault Holdings, Inc. Utilities	Held	1,400,000	0	$6,594,000	+42.7%	2.93%
IMAX	Imax Corp Communication Services	NEW	110,000	NEW	$4,384,600	NEW	1.95%
HNRG	Hallador Energy Co Utilities	NEW	200,000	NEW	$3,478,000	NEW	1.54%
MNRO	Monro, Inc. Consumer Cyclical	NEW	200,000	NEW	$3,422,000	NEW	1.52%
ZD	Ziff Davis, Inc. Communication Services	NEW	65,000	NEW	$3,404,050	NEW	1.51%
INMD	InMode Ltd. Healthcare	NEW	225,000	NEW	$3,289,500	NEW	1.46%
CBNA	Chain Bridge Bancorp Inc Financial Services	Held	75,794	0	$3,187,137	+20.5%	1.41%
SHAZ	SharonAI Holdings Inc. Technology	NEW	37,000	NEW	$3,132,420	NEW	1.39%
HIVE	HIVE Digital Technologies Ltd. Financial Services	NEW	800,000	NEW	$2,912,000	NEW	1.29%
KNOP	KNOT Offshore Partners LP Energy	Held	282,982	0	$2,824,160	−1.0%	1.25%
TDS	Telephone & Data Systems Inc /De/ Communication Services	Held	75,000	0	$2,775,750	−12.1%	1.23%
NBIS	Nebius Group N.V. Communication Services	Reduced	10,000	-110,000	$2,761,700	−77.8%	1.23%
FRMI	Fermi Inc. Real Estate	NEW	300,000	NEW	$2,748,000	NEW	1.22%
PRTH	Priority Technology Holdings, Inc. Technology	Held	400,000	0	$2,668,000	+41.3%	1.18%
ABVX	Abivax S.A. Healthcare	NEW	20,000	NEW	$2,665,200	NEW	1.18%
DDI	DoubleDown Interactive Co., Ltd. Communication Services	NEW	144,637	NEW	$1,660,432	NEW	0.74%
DGXX	Digi Power X Inc. Utilities	NEW	300,000	NEW	$1,635,000	NEW	0.73%
QURE	uniQure N.V. Healthcare	NEW	35,000	NEW	$1,612,100	NEW	0.72%
RYAM	Rayonier Advanced Materials Inc. Basic Materials	Held	200,000	0	$1,572,000	−29.0%	0.70%
BVFL	BV Financial, Inc. Financial Services	Held	60,616	0	$1,283,846	+10.7%	0.57%
SCOR	Comscore, Inc. Technology	Held	126,207	0	$931,407	+6.3%	0.41%
KELYA	Kelly Services Inc Industrials	NEW	51,064	NEW	$627,065	NEW	0.28%
WALD	Waldencast plc Consumer Defensive	Held	300,000	0	$528,000	+85.3%	0.23%
FSI	Flexible Solutions International Inc Basic Materials	Held	74,754	0	$497,861	+23.3%	0.22%
LE	Lands' End, Inc. Consumer Cyclical	Reduced	46,200	-3,800	$484,176	−13.8%	0.21%
FTEK	Fuel Tech, Inc. Industrials	Held	146,689	0	$324,182	+81.1%	0.14%
ONL	Orion Properties Inc. Real Estate	Held	12,899	0	$37,278	+34.4%	0.02%
CNTY	Century Casinos Inc /Co/ Consumer Cyclical	Held	10,000	0	$12,800	−7.9%	0.01%
FSP	Franklin Street Properties Corp /Ma/ Real Estate	Held	19,868	0	$10,331	−21.2%	0.00%
AUR	Aurora Innovation, Inc. Consumer Cyclical	Held	30,209	0	$0	—	0.00%

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.