Beartown Capital Management, LLC

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$208.6M

Reporting period: 2026-03-31 · Number of holdings: 42

Beartown Capital Management, LLC disclosed 42 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $208.6M and a quarterly turnover rate of 67.2%.

Personality snowflake

Concentration: 30.87
Portfolio Stability: 67.15
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 68
Sizing Uniformity: 87.07

Recent moves

Trim ECHO
-33.3%　-$4.6M
Trim WULF
-13.5%　$2.4M
Trim HUT
-21.2%　-$2.3M
Trim N97284108
-22.6%　-$523.1K
Trim VISN
0.0%　$28.0K
Trim HA7
0.0%　$718.1K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 34 holdings (of 42 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	WULF	Terawulf INC	Stock-Financials	14.35%	-5.58%	-13.54%
2	CLSK	Cleanspark INC	Stock-Financials	13.26%	+13.26%	NEW
3	CORZ	Core Scientific INC	Stock-Tech	10.40%	-0.12%	+45.00%
4	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	9.35%	+9.35%	NEW
5	✓	Nebius Group NV	Stock-Other	5.97%	-3.41%	-22.58%
6	ECHO	Echostar Corp-a	Stock-Comm Services	5.61%	-6.17%	-33.33%
7	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	5.53%	+5.53%	NEW
8	HUT	Hut 8 CORP	Stock-Financials	4.61%	-4.02%	-21.15%
9	✓	Bitdeer Technologies Group	Stock-Other	4.15%	+4.15%	NEW
10	HA7	Enviri CORP	Stock-Other	3.97%	-1.50%	—
11	VISN	Vistance Networks INC	Stock-Tech	3.49%	-1.75%	—
12	CIFR	Cipher Digital INC	Stock-Tech	2.47%	+2.47%	NEW
13	PRCH	Porch Group INC	Stock-Other	2.23%	-0.74%	+44.44%
14	NRGV	Energy Vault Holdings INC	Stock-Other	2.21%	+0.21%	+133.33%
15	ATEX	Anterix INC	Stock-Other	1.83%	-0.46%	-31.03%
16	TDS	Telephone And Data Systems	Stock-Comm Services	1.51%	-0.71%	—
17	KNOP	KNOT Offshore Partners LP	Stock-Other	1.37%	-0.75%	—
18	BWA	Borgwarner INC	Stock-Consumer Disc	1.30%	+1.30%	NEW
19	CBNA	Chain Bridge Bancorp Inc-a	Stock-Other	1.27%	-0.63%	—
20	RYAM	Rayonier Advanced Materials	Stock-Other	1.06%	+1.06%	NEW
21	PRTH	Priority Technology Holdings	Stock-Other	0.90%	-0.68%	—
22	GLXY	Galaxy Digital Inc-a	Stock-Other	0.88%	+0.88%	NEW
23	BVFL	BV Financial INC	Stock-Other	0.56%	-0.23%	—
24	SCOR	Comscore INC	Stock-Other	0.42%	-0.17%	—
25	CMTL	Comtech Telecommunications	Stock-Other	0.40%	-0.56%	—
26	LE	Lands' End INC	Stock-Other	0.27%	+0.27%	NEW
27	FSI	Flexible Solutions Intl INC	Stock-Other	0.19%	-0.17%	—
28	MAPS	Wm Technology INC	Stock-Other	0.18%	-0.16%	—
29	✓	Waldencast PLC	Stock-Other	0.14%	-0.27%	—
30	FTEK	Fuel Tech INC	Stock-Other	0.09%	-0.09%	-8.33%
31	ONL	Orion Properties INC	Stock-Other	0.01%	+0.01%	NEW
32	CNTY	Century Casinos INC	Stock-Other	0.01%	—	—
33	FSP	Franklin Street Properties C	Stock-Other	0.01%	—	—
34	AUROW	Aurora Innovation INC -cw28	Stock-Other	—	—	—

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	42	$208.6M	67	1WULF 2CLSK 3CORZ Top holdings2026-03-31 1.WULF 2.CLSK 3.CORZ 4.SPY 5.N97284 6.ECHO 7.QQQ 8.HUT 9.G11448 10.HA7
2025-12-31	44	$138.4M	0	1WULF 2ECHO 3CORZ Top holdings2025-12-31 1.WULF 2.ECHO 3.CORZ 4.N97284 5.HUT 6.HA7 7.VISN 8.PRCH 9.ATEX 10.TDS

Holding changes this quarter

Beartown Capital Management, LLC's most significant position changes for 2026-03-31: New buy: Cleanspark INC (CLSK); New buy: Ss Spdr S&p 500 ETF Trust-us (SPY); New buy: Invesco Qqq Trust Series 1 (QQQ); New buy: Bitdeer Technologies Group; New buy: Cipher Digital INC (CIFR).

Position changes disclosed by Beartown Capital Management, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	NRGV	Energy Vault Holdings INC	+0.2%	+133.33%	Add
2	FSP	Franklin Street Properties C	—	—	Unchanged
3	AUROW	Aurora Innovation INC -cw28	—	—	Unchanged
4	CNTY	Century Casinos INC	—	—	Unchanged
5	FTEK	Fuel Tech INC	-0.1%	-8.33%	Trim
6	CORZ	Core Scientific INC	-0.1%	+45.00%	Add
7	MAPS	Wm Technology INC	-0.2%	—	Unchanged
8	FSI	Flexible Solutions Intl INC	-0.2%	—	Unchanged
9	SCOR	Comscore INC	-0.2%	—	Unchanged
10	BVFL	BV Financial INC	-0.2%	—	Unchanged
11	✓	Waldencast PLC	-0.3%	—	Unchanged
12	ATEX	Anterix INC	-0.5%	-31.03%	Trim
13	CMTL	Comtech Telecommunications	-0.6%	—	Unchanged
14	CBNA	Chain Bridge Bancorp Inc-a	-0.6%	—	Unchanged
15	PRTH	Priority Technology Holdings	-0.7%	—	Unchanged
16	TDS	Telephone And Data Systems	-0.7%	—	Unchanged
17	PRCH	Porch Group INC	-0.7%	+44.44%	Add
18	KNOP	KNOT Offshore Partners LP	-0.8%	—	Unchanged
19	HA7	Enviri CORP	-1.5%	—	Unchanged
20	VISN	Vistance Networks INC	-1.8%	—	Unchanged
21	✓	Nebius Group NV	-3.4%	-22.58%	Trim
22	HUT	Hut 8 CORP	-4%	-21.15%	Trim
23	WULF	Terawulf INC	-5.6%	-13.54%	Trim
24	ECHO	Echostar Corp-a	-6.2%	-33.33%	Trim
25	CLSK	Cleanspark INC	—	NEW	New buy
26	SPY	Ss Spdr S&p 500 ETF Trust-us	—	NEW	New buy
27	QQQ	Invesco Qqq Trust Series 1	—	NEW	New buy
28	✓	Bitdeer Technologies Group	—	NEW	New buy
29	CIFR	Cipher Digital INC	—	NEW	New buy
30	SEM	Select Medical Holdings CORP	—	EXIT	Sold out
31	✓		—	EXIT	Sold out
32	BWA	Borgwarner INC	—	NEW	New buy
33	RYAM	Rayonier Advanced Materials	—	NEW	New buy
34	FCNCA	First Citizens Bcshs -cl A	—	EXIT	Sold out
35	CENX	Century Aluminum Company	—	EXIT	Sold out
36	GLXY	Galaxy Digital Inc-a	—	NEW	New buy
37	TALK	Talkspace INC	—	EXIT	Sold out
38	AFBI	Affinity Bancshares INC	—	EXIT	Sold out
39	STRZ	Starz Entertainment CORP	—	EXIT	Sold out
40	LE	Lands' End INC	—	NEW	New buy
41	GLIBK	Liberty Capital Corp-cl C	—	EXIT	Sold out
42	TRS	Trimas CORP	—	EXIT	Sold out
43	GOOG	Alphabet Inc-cl C	—	EXIT	Sold out
44	WW	Ww International Inc-new	—	EXIT	Sold out
45	AMZN	Amazon.com INC	—	EXIT	Sold out
46	TTAM	Titan America SA	—	EXIT	Sold out
47	LMNR	Limoneira Co	—	EXIT	Sold out
48	FB1	Farmer Bros Co	—	EXIT	Sold out
49	ONL	Orion Properties INC	—	NEW	New buy

FAQ

What is Beartown Capital Management, LLC and what type of investor is it?

Beartown Capital Management, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $208.6M, spread across 42 disclosed positions.

What are Beartown Capital Management, LLC's largest equity positions?

Based on the latest 13F filing, Beartown Capital Management, LLC's top holdings by market value are: 1. Terawulf INC (WULF) — $29.9M (14.3%) 2. Cleanspark INC (CLSK) — $27.7M (13.3%) 3. Core Scientific INC (CORZ) — $21.7M (10.4%) 4. Ss Spdr S&p 500 ETF Trust-us (SPY) — $19.5M (9.3%) 5. Nebius Group NV — $12.5M (6.0%)

What changes did Beartown Capital Management, LLC make in its most recent portfolio filing?

In the latest reported quarter, Beartown Capital Management, LLC made 34 notable position adjustments: 10 new positions were initiated, 3 existing holdings were added to, 6 positions were partially reduced, and 15 were completely exited. The largest of these moves: New buy: Cleanspark INC (CLSK); New buy: Ss Spdr S&p 500 ETF Trust-us (SPY); New buy: Invesco Qqq Trust Series 1 (QQQ); New buy: Bitdeer Technologies Group; New buy: Cipher Digital INC (CIFR)

What sectors does Beartown Capital Management, LLC focus on?

Beartown Capital Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 56.5% • Information Technology: 28.7% • Communication Services: 12.5% • Consumer Discretionary: 2.3%