CIK: 0001588959
Total reported value
$179.5M
Reporting period: 2026-03-31 · Number of holdings: 98
Black Maple Capital Management LP disclosed 98 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $179.5M and a quarterly turnover rate of 91.1%.
Browse other institutions with $100M to $1B AUMBrowse other institutions starting with "B"
Black Maple Capital Management LP's disclosed holdings carry a Herfindahl concentration index of 0.121 — mathematically equivalent to about 8 equally-sized positions, well below its 98 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 3.03), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 36% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Add SPY
+127.8% $31.7M
Trim WAL
-23.6% -$3.3M
Trim META
-59.1% -$2.5M
Trim HBAN
-7.6% -$1.2M
Add ALK
+205.5% $3.5M
Add BAC
+182.4% $2.8M
Showing top 83 holdings (of 98 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 32.68% | +13.79% | +127.84% | |
| 2 | EXE | Expand Energy CORP | Stock-Energy | 4.18% | +4.18% | NEW | |
| 3 | PNFP | Pinnacle Financial Partners | Stock-Financials | 4.11% | +4.11% | NEW | |
| 4 | RSP | Invesco S&p 500 Equal Weight | ETF-Large Cap & Growth | 3.64% | — | -2.85% | |
| 5 | ALK | Alaska Air Group INC | Stock-Industrials | 3.54% | +1.55% | +205.49% | |
| 6 | HBAN | Huntington Bancshares INC | Stock-Financials | 3.47% | -1.75% | -7.59% | |
| 7 | WAL | Western Alliance Bancorp | Stock-Financials | 3.34% | -3.18% | -23.63% | |
| 8 | MSFT | Microsoft CORP | Stock-Tech | 2.81% | +2.81% | NEW | |
| 9 | BAC | Bank Of America CORP | Stock-Financials | 2.63% | +1.31% | +182.42% | |
| 10 | BANC | Banc Of California INC | Stock-Other | 2.53% | -0.06% | +34.99% | |
| 11 | UBER | Uber Technologies INC | Stock-Industrials | 2.29% | -1.00% | -0.70% | |
| 12 | EWY | Ishares Msci South Korea ETF | ETF-Other | 2.26% | +2.26% | NEW | |
| 13 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-High Yield | 2.22% | +2.22% | NEW | |
| 14 | XLF | Ss Financial Select Sector | ETF-Other | 1.93% | +1.93% | NEW | |
| 15 | ORCL | Oracle CORP | Stock-Tech | 1.67% | +1.67% | NEW | |
| 16 | EWU | Ishares Msci United Kingdom | ETF-Other | 1.42% | -0.66% | -17.31% | |
| 17 | COF | Capital One Financial CORP | Stock-Financials | 1.31% | +1.31% | NEW | |
| 18 | SYF | Synchrony Financial | Stock-Financials | 1.19% | +1.19% | NEW | |
| 19 | KCCA | Kraneshares California Carbo | ETF-Other | 1.16% | — | +33.17% | |
| 20 | FEZ | State Street Spdr Euro Stoxx | ETF-Other | 1.10% | — | — | |
| 21 | EWJ | Ishares Msci Japan ETF | ETF-Other | 0.97% | -1.24% | -47.24% | |
| 22 | MDY | State Street Spdr S&p Midcap | ETF-Other | 0.86% | — | +25.00% | |
| 23 | SMH | Vaneck Semiconductor ETF | ETF-Other | 0.85% | +0.85% | NEW | |
| 24 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.77% | -1.96% | -59.12% | |
| 25 | DDI | Doubledown Interactive -adr | Stock-Other | 0.76% | — | — | |
| 26 | XME | Ss Spdr S&p Metals Mining | ETF-Other | 0.72% | — | +14.29% | |
| 27 | GDX | Vaneck Gold Miners ETF | ETF-Commodities | 0.72% | +0.72% | NEW | |
| 28 | LIEN | Chicago Atlantic Bdc INC | Stock-Other | 0.68% | — | -3.68% | |
| 29 | XLC | Ss Comm Select Sector Spdr | ETF-Other | 0.68% | — | — | |
| 30 | AEM | Agnico Eagle Mines LTD | Stock-Materials | 0.57% | +0.57% | NEW | |
| 31 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.56% | — | -12.50% | |
| 32 | LODE | Comstock INC | Stock-Other | 0.55% | +0.55% | NEW | |
| 33 | XHB | Ss Spdr S&p Homebldrs ETF | ETF-Other | 0.55% | +0.55% | NEW | |
| 34 | INDA | Ishares Msci India ETF | ETF-Other | 0.53% | -0.60% | -32.33% | |
| 35 | MU | Micron Technology INC | Stock-Tech | 0.51% | +0.31% | +171.00% | |
| 36 | OSBC | Old Second Bancorp INC | Stock-Other | 0.44% | — | -19.95% | |
| 37 | FXI | Ishares China Large-cap ETF | ETF-Emerging Markets | 0.44% | +0.44% | NEW | |
| 38 | LYFT | Lyft Inc-a | Stock-Tech | 0.43% | +0.43% | NEW | |
| 39 | AVGO | Broadcom INC | Stock-Tech | 0.40% | +0.40% | NEW | |
| 40 | WFC | Wells Fargo & Co | Stock-Financials | 0.38% | +0.38% | NEW | |
| 41 | AMZN | Amazon.com INC | Stock-Consumer Disc | 0.37% | — | — | |
| 42 | MRVL | Marvell Technology INC | Stock-Tech | 0.35% | — | -32.56% | |
| 43 | XLK | Ss Technology Select Sector | ETF-Tech | 0.33% | — | — | |
| 44 | NXE | Nexgen Energy LTD | Stock-Other | 0.32% | — | -24.47% | |
| 45 | ELME | Elme Communities | Stock-Other | 0.30% | +0.30% | NEW | |
| 46 | INR | Infinity Natural Resour-cl A | Stock-Other | 0.30% | — | -37.24% | |
| 47 | FNWD | Finward Bancorp | Stock-Other | 0.30% | — | -30.90% | |
| 48 | KRE | Ss Spdr S&p Regional Bank | ETF-Other | 0.29% | — | -23.81% | |
| 49 | IBTI | Ishares Ibonds Dec 2028 Term | ETF-Other | 0.29% | — | +16.25% | |
| 50 | ALRS | Alerus Financial CORP | Stock-Other | 0.26% | — | -19.61% |
Performance for Q3 2026
-0.1%
Performance Last 4 Quarters
+14.3%
Based on 87% of reported portfolio value with available pricing
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 98 | $179.5M | 91 | |
| 2025-12-31 | 86 | $142.9M | 87 | |
| 2025-09-30 | 93 | $206.4M | 71 | |
| 2025-06-30 | 97 | $222.7M | 0 | |
| 2025-03-31 | 93 | $179.0M | 100 | |
| 2024-12-31 | 88 | $190.2M | 0 | |
| 2024-09-30 | 99 | $150.9M | 0 | |
| 2024-06-30 | 95 | $153.0M | 0 | |
| 2024-03-31 | 106 | $163.3M | 0 | |
| 2023-12-31 | 90 | $120.5M | 0 | |
| 2023-09-30 | 108 | $147.4M | 0 | |
| 2023-06-30 | 101 | $168.2M | 0 | |
| 2023-03-31 | 86 | $106.8M | 0 | |
| 2022-12-31 | 57 | $68.0M | 0 | |
| 2021-09-30 | 80 | $140.4M | 0 | |
| 2021-06-30 | 90 | $184.9M | 69 | |
| 2021-03-31 | 77 | $136.8M | 100 | |
| 2020-12-31 | 49 | $101.3M | 0 | |
| 2016-09-30 | 32 | $92.1M | 0 | |
| 2016-06-30 | 30 | $120.8M | 0 | |
| 2016-03-31 | 22 | $84.4M | 0 | |
| 2015-12-31 | 1 | $2.6M | 0 | 1767754 |
Black Maple Capital Management LP's most significant position changes for 2026-03-31: New buy: Expand Energy CORP (EXE); Sold out: Pinnacle Financial Partners, Inc. (PNW); New buy: Pinnacle Financial Partners (PNFP); Sold out: Osisko Development CORP (ODV); Sold out: Eqt CORP (EQT).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | SPY | Ss Spdr S&p 500 ETF Trust-us | +13.8% | +127.84% | Add |
| 2 | ALK | Alaska Air Group INC | +1.6% | +205.49% | Add |
| 3 | BAC | Bank Of America CORP | +1.3% | +182.42% | Add |
| 4 | MU | Micron Technology INC | +0.3% | +171.00% | Add |
| 5 | BANC | Banc Of California INC | -0.1% | +34.99% | Add |
| 6 | INDA | Ishares Msci India ETF | -0.6% | -32.33% | Trim |
| 7 | EWU | Ishares Msci United Kingdom | -0.7% | -17.31% | Trim |
| 8 | LNSR | Lensar INC | -0.8% | -52.81% | Trim |
| 9 | UBER | Uber Technologies INC | -1% | -0.70% | Trim |
| 10 | EWJ | Ishares Msci Japan ETF | -1.2% | -47.24% | Trim |
| 11 | HBAN | Huntington Bancshares INC | -1.8% | -7.59% | Trim |
| 12 | META | Meta Platforms Inc-class A | -2% | -59.12% | Trim |
| 13 | WAL | Western Alliance Bancorp | -3.2% | -23.63% | Trim |
| 14 | EXE | Expand Energy CORP | — | NEW | New buy |
| 15 | PNW | Pinnacle Financial Partners, Inc. | — | EXIT | Sold out |
| 16 | PNFP | Pinnacle Financial Partners | — | NEW | New buy |
| 17 | ODV | Osisko Development CORP | — | EXIT | Sold out |
| 18 | EQT | Eqt CORP | — | EXIT | Sold out |
| 19 | MSFT | Microsoft CORP | — | NEW | New buy |
| 20 | OZK | Bank Ozk | — | EXIT | Sold out |
| 21 | EWY | Ishares Msci South Korea ETF | — | NEW | New buy |
| 22 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | — | NEW | New buy |
| 23 | XLF | Ss Financial Select Sector | — | NEW | New buy |
| 24 | EOG | Eog Resources INC | — | EXIT | Sold out |
| 25 | ORCL | Oracle CORP | — | NEW | New buy |
| 26 | MBIN | Merchants Bancorp/in | — | EXIT | Sold out |
| 27 | COF | Capital One Financial CORP | — | NEW | New buy |
| 28 | SYF | Synchrony Financial | — | NEW | New buy |
| 29 | SYU1 | Synovus Financial CORP | — | EXIT | Sold out |
| 30 | SMH | Vaneck Semiconductor ETF | — | NEW | New buy |
| 31 | GDX | Vaneck Gold Miners ETF | — | NEW | New buy |
| 32 | GOOG | Alphabet Inc-cl C | — | EXIT | Sold out |
| 33 | EIDO | Ishares Msci Indonesia ETF | — | EXIT | Sold out |
| 34 | AEM | Agnico Eagle Mines LTD | — | NEW | New buy |
| 35 | LODE | Comstock INC | — | NEW | New buy |
| 36 | XHB | Ss Spdr S&p Homebldrs ETF | — | NEW | New buy |
| 37 | FXI | Ishares China Large-cap ETF | — | NEW | New buy |
| 38 | LYFT | Lyft Inc-a | — | NEW | New buy |
| 39 | NOG | Northern Oil And Gas INC | — | EXIT | Sold out |
| 40 | AVGO | Broadcom INC | — | NEW | New buy |
| 41 | GDXJ | Vaneck Junior Gold Miners | — | EXIT | Sold out |
| 42 | NECB | Northeast Community Bancorp | — | EXIT | Sold out |
| 43 | SIMO | Silicon Motion Technol-adr | — | EXIT | Sold out |
| 44 | WFC | Wells Fargo & Co | — | NEW | New buy |
| 45 | ADBE | Adobe INC | — | EXIT | Sold out |
| 46 | FCX | Freeport-mcmoran INC | — | EXIT | Sold out |
| 47 | AR | Antero Resources CORP | — | EXIT | Sold out |
| 48 | ELME | Elme Communities | — | NEW | New buy |
| 49 | DUOT | Duos Technologies Group INC | — | NEW | New buy |
| 50 | SM | Sm Energy Co | — | EXIT | Sold out |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-15 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-17 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-14 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-14 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-15 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-14 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-14 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-14 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-15 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-14 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-14 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-14 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-15 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-14 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-15 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-16 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-17 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-05-13 | Amendment | View on EDGAR |
| 2020-12-31 | 2021-02-16 | 13F-HR | View on EDGAR |
| 2016-09-30 | 2017-08-16 | Amendment | View on EDGAR |
| 2016-09-30 | 2017-02-14 | Amendment | View on EDGAR |
| 2016-09-30 | 2016-11-14 | 13F-HR | View on EDGAR |
| 2016-06-30 | 2017-08-16 | Amendment | View on EDGAR |
| 2016-06-30 | 2017-02-14 | Amendment | View on EDGAR |
| 2016-06-30 | 2016-11-15 | Amendment | View on EDGAR |
| 2016-06-30 | 2016-08-15 | 13F-HR | View on EDGAR |
| 2016-03-31 | 2017-08-16 | Amendment | View on EDGAR |
| 2016-03-31 | 2016-11-15 | Amendment | View on EDGAR |
| 2016-03-31 | 2016-08-16 | Amendment | View on EDGAR |
| 2016-03-31 | 2016-05-18 | Amendment | View on EDGAR |
| 2016-03-31 | 2016-05-16 | 13F-HR | View on EDGAR |
| 2015-12-31 | 2017-08-16 | Amendment | View on EDGAR |
| 2015-12-31 | 2016-08-16 | Amendment | View on EDGAR |
| 2015-12-31 | 2016-05-18 | Amendment | View on EDGAR |
| 2015-12-31 | 2016-02-16 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0002011014
Total reported value
$179.5M
58 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0001908893
Total reported value
$179.5M
36 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0001694283
Total reported value
$179.7M
73 stks
2026-03-31
AUM within 0.1% of this institution
Institutions with overlapping top holdings
CIK 0000811808
Total reported value
$281.3M
258 stks
2024-03-31
Stale — no recent filing
2 of the top 5 holdings overlap, including Ss Spdr S&p 500 ETF Trust-us
CIK 0000946626
Total reported value
$242.9M
113 stks
2025-12-31
Stale — no recent filing
2 of the top 5 holdings overlap, including Ss Spdr S&p 500 ETF Trust-us
CIK 0001107075
Total reported value
$127.7M
137 stks
2023-03-31
Stale — no recent filing
2 of the top 5 holdings overlap, including Ss Spdr S&p 500 ETF Trust-us