Beartown Capital Management, LLC reported 39 positions worth $224.86M for the quarter ended Jun 30, 2026, up 77.8% on the prior quarter. It opened 14 new positions, added to 5, trimmed 7 and exited 4. Its largest holding is Terawulf Inc. at 16.5% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| GLXY Galaxy Digital Inc. | +700.0K | +1,400.0% | $19.14M | 9.12% |
| ECHO EchoStar CORP | +130.0K | +162.5% | $13.20M | 9.48% |
| BTDR Bitdeer Technologies Group | +500.0K | – | $7.94M | 3.53% |
| VISN Vistance Networks, Inc. | +350.0K | +87.5% | $4.47M | 4.26% |
| IMAX Imax Corp | +110.0K | – | $4.38M | 1.95% |
| HNRG Hallador Energy Co | +200.0K | – | $3.48M | 1.55% |
| MNRO Monro, Inc. | +200.0K | – | $3.42M | 1.52% |
| ZD Ziff Davis, Inc. | +65.0K | – | $3.40M | 1.51% |
| INMD InMode Ltd. | +225.0K | – | $3.29M | 1.46% |
| SHAZ SharonAI Holdings Inc. | +37.0K | – | $3.13M | 1.39% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| NBIS Nebius Group N.V. | -80.0K | -88.9% | $22.09M | 1.23% |
| CLSK Cleanspark, Inc. | -800.0K | -51.6% | $11.64M | 4.85% |
| NVRI Enviri Corp | -422.4K | -100.0% | $8.29M | Exited |
| CIFR Cipher Digital Inc. | -400.0K | -100.0% | $5.15M | Exited |
| ATEX Anterix Inc. | -25.0K | -25.0% | $2.57M | 3.43% |
| CORZ Core Scientific, Inc. | -100.0K | -11.8% | $2.56M | 8.54% |
| WULF Terawulf Inc. | -75.0K | -4.8% | $1.85M | 16.48% |
| HUT Hut 8 Corp. | -10.0K | -5.6% | $1.15M | 8.73% |
| CMTL Comtech Telecommunications Corp | -251.9K | -100.0% | $836.25K | Exited |
| MAPS Wm Technology, Inc. | -568.9K | -100.0% | $374.55K | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| BTDR Bitdeer Technologies Group | +500.0K | $7.94M | 3.53% |
| IMAX Imax Corp | +110.0K | $4.38M | 1.95% |
| HNRG Hallador Energy Co | +200.0K | $3.48M | 1.55% |
| MNRO Monro, Inc. | +200.0K | $3.42M | 1.52% |
| ZD Ziff Davis, Inc. | +65.0K | $3.40M | 1.51% |
| INMD InMode Ltd. | +225.0K | $3.29M | 1.46% |
| SHAZ SharonAI Holdings Inc. | +37.0K | $3.13M | 1.39% |
| HIVE HIVE Digital Technologies Ltd. | +800.0K | $2.91M | 1.3% |
| FRMI Fermi Inc. | +300.0K | $2.75M | 1.22% |
| ABVX Abivax S.A. | +20.0K | $2.67M | 1.19% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | WULF Terawulf Inc. | Technology | 1.50M | $37.05M | 16.48% | -75.0K | -4.8% | Reduced | 0.3% |
| 2 | ECHO EchoStar CORP | Communication Services | 210.0K | $21.32M | 9.48% | +130.0K | +162.5% | Added | 0.07% |
| 3 | GLXY Galaxy Digital Inc. | Financial Services | 750.0K | $20.51M | 9.12% | +700.0K | +1,400.0% | Added | 0.39% |
| 4 | HUT Hut 8 Corp. | Technology | 170.0K | $19.63M | 8.73% | -10.0K | -5.6% | Reduced | 0.14% |
| 5 | CORZ Core Scientific, Inc. | Technology | 750.0K | $19.19M | 8.54% | -100.0K | -11.8% | Reduced | 0.23% |
| 6 | CLSK Cleanspark, Inc. | Technology | 750.0K | $10.91M | 4.85% | -800.0K | -51.6% | Reduced | 0.28% |
| 7 | PRCH Porch Group, Inc. | Financial Services | 670.0K | $10.08M | 4.48% | +20.0K | +3.1% | Added | 0.6% |
| 8 | VISN Vistance Networks, Inc. | Technology | 750.0K | $9.59M | 4.26% | +350.0K | +87.5% | Added | 0.33% |
| 9 | BTDR Bitdeer Technologies Group | Technology | 500.0K | $7.94M | 3.53% | +500.0K | – | New | 0.24% |
| 10 | ATEX Anterix Inc. | Communication Services | 75.0K | $7.72M | 3.43% | -25.0K | -25.0% | Reduced | 0.38% |
| 11 | NRGV Energy Vault Holdings, Inc. | Industrials | 1.40M | $6.59M | 2.93% | 0 | 0.0% | Unchanged | 0.79% |
| 12 | IMAX Imax Corp | Industrials | 110.0K | $4.38M | 1.95% | +110.0K | – | New | 0.2% |
| 13 | HNRG Hallador Energy Co | Utilities | 200.0K | $3.48M | 1.55% | +200.0K | – | New | 0.42% |
| 14 | MNRO Monro, Inc. | Consumer Discretionary | 200.0K | $3.42M | 1.52% | +200.0K | – | New | 0.64% |
| 15 | ZD Ziff Davis, Inc. | Communication Services | 65.0K | $3.40M | 1.51% | +65.0K | – | New | 0.18% |
Tip. Select a row to see that position’s full history at Beartown Capital Management.
As of its Q2 2026 13F filing, Beartown Capital Management, LLC’s five largest positions were Terawulf Inc. (WULF) at 16.5%, EchoStar CORP (ECHO) at 9.5%, Galaxy Digital Inc. (GLXY) at 9.1%, Hut 8 Corp. (HUT) at 8.7%, Core Scientific, Inc. (CORZ) at 8.5% of the reported portfolio.
Beartown Capital Management, LLC reported a 13F portfolio worth $224.86M across 39 positions for Q2 2026. That is up 77.8% from the previous quarter.
Its largest purchases by value were Galaxy Digital Inc. ($19.14M), EchoStar CORP ($13.20M), Bitdeer Technologies Group ($7.94M). It opened 14 new positions.
Its largest sales by value were Nebius Group N.V. ($22.09M), Cleanspark, Inc. ($11.64M), Enviri Corp ($8.29M). It exited 4 positions entirely.
From the Form 13F-HR reports Beartown Capital Management, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.