Spartan Fund Management Inc.

CIK

1930346

Location

TORONTO, ONTARIO, Z4

Portfolio Value

Micro $18,965,209

Diversification

Diversified

Filing Date

Global Rank

#7,590 / 8,106 ▼ 417 · as of Dec 2024

Top Industry

Shell Companies 40.7%

3Y Alpha vs SPY

-8.2%

Period ended 1 year ago

Filed Feb 14, 2025 · 1y

12 quarters · since Mar 2022

Clone Performance

Aug 2023–Jul 2025 · 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

+22.1%

SPY

+38.5%

Annualised alpha

-7.8%

Max drawdown

−19.5%

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. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 100% of reported value on average across 7 quarters.Spartan Fund Management Inc. has stopped filing, so the simulation ends in Jul 2025 — where its last reported portfolio went stale — rather than trading that portfolio forward to today. Past performance does not predict future results.

Portfolio Concentration

56 tracked positions · as of Dec 31, 2024 · Δ vs Sep 30, 2024

Top Position

17.2%

−15.8 pts

Top 5

49.4%

−28.3 pts

Top 10

76.9%

−12.7 pts

HHI

764

Diversified−909

Portfolio Trend

12 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2024

Sector	% Portfolio	Value	Positions
Financial Services	54.1%	$10,250,793	17
Healthcare	23.8%	$4,519,996	3
Energy	9.1%	$1,726,219	11
Consumer Cyclical	7.0%	$1,318,220	3
Consumer Defensive	3.1%	$594,639	3
Basic Materials	1.8%	$339,242	4
Unclassified	0.7%	$131,650	12
Industrials	0.4%	$84,450	3

Last Quarter's Activity

Export CSV

Dec 31, 2024 vs Sep 30, 2024

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
—		+80,859	131,606	$0
—		+51,239	151,239	$0
UCFI	CN Healthy Food Tech Group Corp.	+50,000	52,200	$537,138
TLGYF	Tlgy Acquisition Corp	+25,000	85,083	$0
CAPN	Cayson Acquisition Corp	+15,257	120,257	$153,332
F	Ford Motor Co	+6,900	102,900	$1,018,710
SLV	iShares Silver Trust	+4,000	5,000	$131,650
DNUT	Krispy Kreme, Inc.	+3,000	5,000	$49,650
QSR	Restaurant Brands International Inc.	+650	3,650	$237,907
—		+533	4,734	$0
—		+250	51,845	$0
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
—		−114,369	10,640	$0
—		−113,818	37,587	$0
KVACF	Keen Vision Acquisition Corp.	−43,907	71,369	$778,943
—		−25,151	92,443	$21
PFE	Pfizer Inc	−3,000	2,000	$53,060
SOC	Sable Offshore Corp.	−700	6,059	$138,751
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
DYNC	Dynamix Corp	337,500	$1,958,000
TAVI	Tavia Acquisition Corp.	150,000	$1,506,000
BMO	Bank Of Montreal /Can/	14,200	$1,378,110
RANG	Range Capital Acquisition Corp.	125,000	$1,256,250
ASPC	ASPAC III Acquisition Corp.	100,000	$1,007,000
NOEM	CO2 Energy Transition Corp.	100,000	$1,002,000
FTW	PRESIDIO PRODUCTION Co	100,000	$998,000
C	Citigroup Inc	8,500	$598,315
CM	Canadian Imperial Bank Of Commerce /Can/	7,500	$474,225
FCX	Freeport-Mcmoran Inc	5,000	$190,400
MOS	Mosaic Co	5,000	$122,900
APA	APA Corp	5,000	$115,450
HLIO	Helios Technologies, Inc.	9,000	$17,640
CLF	Cleveland-Cliffs Inc.	1,225	$11,515
MRLN	Merlin, Inc.	100,000	$0
—		100,000	$0
—		46,813	$0
RENEF	Cartesian Growth Corp II	25,264	$0
—		35,000	$0
—		3,299	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

17 positions

Ticker	Company	Shares	Value
TONT	Graf Global Corp.	44,687	$447,316
SLAMF	Slam Corp.	25,000	$278,500
SII	Sprott Inc.	3,978	$172,287
AMCI	AMC Robotics Corp	48,988	$0
—		12,500	$0
—		51,856	$0
—		20,111	$0
HSPOF	Horizon Space Acquisition I Corp.	32,833	$0
SOAR	Volato Group, Inc.	15,000	$0
WELNF	Integrated Wellness Acquisition Corp	146,234	$0
—		152,354	$0
—		133,462	$0
—		18	$0
—		87,857	$0
—		126	$0
—		117,500	$0
—		147,934	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

56 tracked positions · $18,965,209 total · filing declares 81 positions · $29,957,545 · as of Dec 31, 2024

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

Showing 1–50 of 56 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TEVA	Teva Pharmaceutical Industries Ltd Healthcare	Held	148,300	0	$3,268,532	+22.3%	17.23%
DYNC	Dynamix Corp Financial Services	NEW	337,500	NEW	$1,958,000	NEW	10.32%
TAVI	Tavia Acquisition Corp. Financial Services	NEW	150,000	NEW	$1,506,000	NEW	7.94%
BMO	Bank Of Montreal /Can/ Financial Services	NEW	14,200	NEW	$1,378,110	NEW	7.27%
RANG	Range Capital Acquisition Corp. Financial Services	NEW	125,000	NEW	$1,256,250	NEW	6.62%
VMD	Viemed Healthcare, Inc. Healthcare	Held	149,427	0	$1,198,404	+9.4%	6.32%
F	Ford Motor Co Consumer Cyclical	Added	102,900	+6,900	$1,018,710	+0.5%	5.37%
ASPC	ASPAC III Acquisition Corp. Financial Services	NEW	100,000	NEW	$1,007,000	NEW	5.31%
NOEM	CO2 Energy Transition Corp. Financial Services	NEW	100,000	NEW	$1,002,000	NEW	5.28%
FTW	PRESIDIO PRODUCTION Co Energy	NEW	100,000	NEW	$998,000	NEW	5.26%
KVACF	Keen Vision Acquisition Corp. Financial Services	Reduced	71,369	-43,907	$778,943	—	4.11%
C	Citigroup Inc Financial Services	NEW	8,500	NEW	$598,315	NEW	3.15%
UCFI	CN Healthy Food Tech Group Corp. Consumer Defensive	Added	52,200	+50,000	$537,138	+2296.0%	2.83%
CM	Canadian Imperial Bank Of Commerce /Can/ Financial Services	NEW	7,500	NEW	$474,225	NEW	2.50%
QSR	Restaurant Brands International Inc. Consumer Cyclical	Added	3,650	+650	$237,907	+10.0%	1.25%
FCX	Freeport-Mcmoran Inc Basic Materials	NEW	5,000	NEW	$190,400	NEW	1.00%
AR	ANTERO RESOURCES Corp Energy	Held	4,500	0	$157,725	+22.3%	0.83%
CAPN	Cayson Acquisition Corp Financial Services	Added	120,257	+15,257	$153,332	−85.4%	0.81%
SOC	Sable Offshore Corp. Energy	Reduced	6,059	-700	$138,751	−13.1%	0.73%
BNS	Bank Of Nova Scotia Financial Services	Held	2,580	0	$138,597	−1.4%	0.73%
SLV	iShares Silver Trust	Added	5,000	+4,000	$131,650	+363.4%	0.69%
MOS	Mosaic Co Basic Materials	NEW	5,000	NEW	$122,900	NEW	0.65%
APA	APA Corp Energy	NEW	5,000	NEW	$115,450	NEW	0.61%
UROY	Uranium Royalty Corp. Energy	Held	38,395	0	$84,085	−10.6%	0.44%
NXE	NexGen Energy Ltd. Energy	Held	11,217	0	$74,032	+1.1%	0.39%
GFL	GFL Environmental Inc. Industrials	Held	1,500	0	$66,810	+11.7%	0.35%
DOO	BRP Inc. Consumer Cyclical	Held	1,211	0	$61,603	−14.6%	0.32%
PFE	Pfizer Inc Healthcare	Reduced	2,000	-3,000	$53,060	−63.3%	0.28%
DNUT	Krispy Kreme, Inc. Consumer Defensive	Added	5,000	+3,000	$49,650	+131.1%	0.26%
OVV	Ovintiv Inc. Energy	Held	1,216	0	$49,248	+5.7%	0.26%
DNN	Denison Mines Corp. Energy	Held	25,000	0	$45,000	−1.6%	0.24%
CHRD	Chord Energy Corp Energy	Held	264	0	$30,866	−10.2%	0.16%
VAL	Valaris Ltd Energy	Held	500	0	$22,120	−20.6%	0.12%
HLIO	Helios Technologies, Inc. Industrials	NEW	9,000	NEW	$17,640	NEW	0.09%
AG	First Majestic Silver Corp Basic Materials	Held	2,628	0	$14,427	−8.5%	0.08%
CLF	Cleveland-Cliffs Inc. Basic Materials	NEW	1,225	NEW	$11,515	NEW	0.06%
TDW	Tidewater Inc Energy	Held	200	0	$10,942	−23.8%	0.06%
LMNR	Limoneira CO Consumer Defensive	Held	321	0	$7,851	−7.7%	0.04%
		Reduced	92,443	-25,151	$21	0.0%	0.00%
		Added	151,239	+51,239	$0	—	0.00%
		Reduced	37,587	-113,818	$0	—	0.00%
		NEW	46,813	NEW	$0	NEW	0.00%
		NEW	100,000	NEW	$0	NEW	0.00%
		Added	131,606	+80,859	$0	—	0.00%
RENEF	Cartesian Growth Corp II Financial Services	NEW	25,264	NEW	$0	NEW	0.00%
		NEW	35,000	NEW	$0	NEW	0.00%
		Held	1,567	0	$0	—	0.00%
		Held	128,659	0	$0	—	0.00%
		Held	25,011	0	$0	—	0.00%
		NEW	3,299	NEW	$0	NEW	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.