CIK: 0001922318
申报总市值
US$11.4亿
申报季度: 2026-03-31 · 持股只数: 60
Pale Fire Capital SE在最新一期 13F 报告中披露了 60 项持股，申报期为 2026-03-31，总持股市值约为 US$11.4亿，季度换手率为 101.9%。
Pale Fire Capital SE 目前披露的持仓，Herfindahl 集中度指数为 0.126——换算下来相当于约 8 个等权重仓位，明显低于其实际披露的 60 只持仓。这一差距显示该机构的策略偏向集中在少数高信心仓位，而非广泛分散。
整体仓位大小差异较大（变异系数为 2.58），除少数重仓仓位外，还有许多规模较小的持仓。
最新申报季度中，并未观察到明显偏向加仓既有大仓位或大举建立新仓位的倾向。
目前行业板块分类约覆盖此投资组合披露价值的 7%；其余部分（例如未匹配板块的标的、期权或其他证券类型）尚未纳入板块分类范围。
加仓 BTG
+77.4% US$1.4亿
加仓 ZD
+130.0% US$7426.0万
加仓 DOLE
+0.6% -US$577.9万
加仓 CARS
+498.1% US$2405.7万
减仓 GRPN
0.0% -US$5813.4万
加仓 MLYS
+3431.3% US$952.9万
| # | 代码 | 标的名称 | 资产子类别 | 占比 | 占比变动 | 持仓量变化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | BTG | B2gold CORP | 股票-其他 | 27.76% | +15.86% | +77.40% | |
| 2 | DOLE | Dole plc | 股票-其他 | 11.84% | +2.41% | +0.58% | |
| 3 | GRPN | Groupon INC | 股票-其他 | 10.65% | -1.38% | — | |
| 4 | ZD | Ziff Davis INC | 股票-其他 | 10.26% | +7.41% | +130.04% | |
| 5 | PHR | Phreesia INC | 股票-其他 | 6.37% | +6.37% | NEW | |
| 6 | COUR | Coursera INC | 股票-其他 | 5.38% | +5.38% | NEW | |
| 7 | LSPD | Lightspeed Commerce INC | 股票-其他 | 4.35% | +4.35% | NEW | |
| 8 | CARS | Cars.com INC | 股票-其他 | 2.82% | +2.28% | +498.13% | |
| 9 | IAUX | I-80 Gold CORP | 股票-其他 | 2.78% | +0.75% | +0.85% | |
| 10 | ANGI | Angi INC | 股票-其他 | 2.37% | +0.50% | +82.56% | |
| 11 | PTON | Peloton Interactive Inc-a | 股票-周期性消费 | 2.35% | +2.35% | NEW | |
| 12 | BAX | Baxter International INC | 股票-医疗保健 | 2.34% | -0.32% | -23.69% | |
| 13 | TDOC | Teladoc Health INC | 股票-医疗保健 | 1.63% | +0.72% | +74.80% | |
| 14 | LQDA | Liquidia CORP | 股票-其他 | 1.29% | +0.41% | +2.37% | |
| 15 | GAU | Galiano Gold INC | 股票-其他 | 0.88% | -0.46% | -49.46% | |
| 16 | MLYS | Mineralys Therapeutics INC | 股票-其他 | 0.87% | +0.84% | +3431.25% | |
| 17 | CMRC | Commerce.com INC | 股票-其他 | 0.69% | +0.48% | +294.18% | |
| 18 | GERN | Geron CORP | 股票-其他 | 0.64% | +0.22% | +2.08% | |
| 19 | KURA | Kura Oncology INC | 股票-其他 | 0.61% | +0.29% | +89.60% | |
| 20 | WEAV | Weave Communications INC | 股票-其他 | 0.61% | +0.61% | NEW | |
| 21 | SNDX | Syndax Pharmaceuticals INC | 股票-其他 | 0.58% | +0.18% | — | |
| 22 | 7WH | Udemy INC | 股票-其他 | 0.53% | +0.53% | NEW | |
| 23 | RGNX | Regenxbio INC | 股票-其他 | 0.36% | -0.12% | -1.16% | |
| 24 | GUTS | Fractyl Health INC | 股票-其他 | 0.24% | -0.23% | +84.46% | |
| 25 | DERM | Journey Medical CORP | 股票-其他 | 0.20% | -0.03% | +8.40% | |
| 26 | HRTX | Heron Therapeutics INC | 股票-其他 | 0.19% | — | +84.83% | |
| 27 | PPLI | People INC | 股票-通信服务 | 0.19% | -0.06% | -43.75% | |
| 28 | SPT | Sprout Social INC - Class A | 股票-其他 | 0.17% | +0.17% | NEW | |
| 29 | SGMT | Sagimet Biosciences Inc-a | 股票-其他 | 0.10% | — | — | |
| 30 | DV | Doubleverify Holdings INC | 股票-其他 | 0.09% | +0.09% | NEW | |
| 31 | HELP | Cybin INC | 股票-其他 | 0.06% | -0.02% | — | |
| 32 | XFOR | X4 Pharmaceuticals INC | 股票-其他 | 0.06% | — | — | |
| 33 | PESI | Perma-fix Environmental Svcs | 股票-其他 | 0.05% | — | +12.51% | |
| 34 | AGIO | Agios Pharmaceuticals INC | 股票-其他 | 0.04% | — | +15.19% | |
| 35 | SM | Sm Energy Co | 股票-能源 | 0.04% | +0.04% | NEW | |
| 36 | RPD | Rapid7 INC | 股票-其他 | 0.04% | +0.04% | NEW | |
| 37 | EXFY | Expensify INC - A | 股票-其他 | 0.04% | +0.04% | NEW | |
| 38 | KOS | Kosmos Energy LTD | 股票-其他 | 0.04% | +0.04% | NEW | |
| 39 | TARS | Tarsus Pharmaceuticals INC | 股票-其他 | 0.03% | — | +130.51% | |
| 40 | ONIT | Onity Group INC | 股票-其他 | 0.03% | — | +43.90% | |
| 41 | RIGL | Rigel Pharmaceuticals INC | 股票-其他 | 0.03% | +0.03% | NEW | |
| 42 | DCTH | Delcath Systems INC | 股票-其他 | 0.03% | — | — | |
| 43 | RARE | Ultragenyx Pharmaceutical In | 股票-其他 | 0.03% | — | +61.73% | |
| 44 | ABEO | Abeona Therapeutics INC | 股票-其他 | 0.03% | -0.03% | -60.02% | |
| 45 | HROW | Harrow INC | 股票-其他 | 0.03% | -0.01% | -27.75% | |
| 46 | SLNOEUR | Soleno Therapeutics INC | 股票-其他 | 0.02% | +0.02% | NEW | |
| 47 | PTHS | Pelthos Therapeutics INC | 股票-其他 | 0.02% | — | +59.49% | |
| 48 | KSPI | Jsc Kaspi.kz Adr | 股票-其他 | 0.02% | — | — | |
| 49 | TOST | Toast Inc-class A | 股票-科技 | 0.02% | — | — | |
| 50 | MRX | Marex Group plc | 股票-其他 | 0.02% | — | — |
Q3 2026表现
+15.8%
近4个季度表现
+36.1%
基于可获取价格的持仓（占申报价值的84%）计算
| 季度 | 持股只数 | 总市值 | 稳定性 | 主要持股 |
|---|---|---|---|---|
| 2026-03-31 | 60 | US$11.4亿 | 100 | |
| 2025-12-31 | 60 | US$14.9亿 | 100 | |
| 2025-09-30 | 54 | US$9.1亿 | 65 | |
| 2025-06-30 | 60 | US$9.7亿 | 0 | |
| 2025-03-31 | 62 | US$8.4亿 | 0 | |
| 2024-12-31 | 51 | US$4.4亿 | 0 | |
| 2024-09-30 | 54 | US$6.4亿 | 0 | |
| 2024-06-30 | 47 | US$8.9亿 | 0 | |
| 2024-03-31 | 52 | US$7.2亿 | 0 | |
| 2023-12-31 | 74 | US$6.4亿 | 0 | |
| 2023-09-30 | 74 | US$9.9亿 | 0 | |
| 2023-06-30 | 49 | US$13.8亿 | 0 | |
| 2023-03-31 | 17 | US$1.7亿 | 0 | |
| 2022-12-31 | 9 | US$1.6亿 | 0 |
Pale Fire Capital SE 在 2026-03-31 最显著的持仓异动： 清仓: Coinbase Global INC -class A (COIN); 清仓: Tesla INC (TSLA); 清仓: Robinhood Markets INC - A (HOOD); 新建仓: Phreesia INC (PHR); 新建仓: Coursera INC (COUR).
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | BTG | B2gold CORP | +15.9% | +77.40% | 加仓 |
| 2 | ZD | Ziff Davis INC | +7.4% | +130.04% | 加仓 |
| 3 | DOLE | Dole plc | +2.4% | +0.58% | 加仓 |
| 4 | CARS | Cars.com INC | +2.3% | +498.13% | 加仓 |
| 5 | MLYS | Mineralys Therapeutics INC | +0.8% | +3431.25% | 加仓 |
| 6 | IAUX | I-80 Gold CORP | +0.8% | +0.85% | 加仓 |
| 7 | TDOC | Teladoc Health INC | +0.7% | +74.80% | 加仓 |
| 8 | ANGI | Angi INC | +0.5% | +82.56% | 加仓 |
| 9 | CMRC | Commerce.com INC | +0.5% | +294.18% | 加仓 |
| 10 | LQDA | Liquidia CORP | +0.4% | +2.37% | 加仓 |
| 11 | KURA | Kura Oncology INC | +0.3% | +89.60% | 加仓 |
| 12 | GERN | Geron CORP | +0.2% | +2.08% | 加仓 |
| 13 | SNDX | Syndax Pharmaceuticals INC | +0.2% | — | 不变 |
| 14 | HROW | Harrow INC | 0% | -27.75% | 减仓 |
| 15 | HELP | Cybin INC | 0% | — | 不变 |
| 16 | DERM | Journey Medical CORP | 0% | +8.40% | 加仓 |
| 17 | ABEO | Abeona Therapeutics INC | 0% | -60.02% | 减仓 |
| 18 | PPLI | People INC | -0.1% | -43.75% | 减仓 |
| 19 | RGNX | Regenxbio INC | -0.1% | -1.16% | 减仓 |
| 20 | GUTS | Fractyl Health INC | -0.2% | +84.46% | 加仓 |
| 21 | BAX | Baxter International INC | -0.3% | -23.69% | 减仓 |
| 22 | GAU | Galiano Gold INC | -0.5% | -49.46% | 减仓 |
| 23 | GRPN | Groupon INC | -1.4% | — | 不变 |
| 24 | COIN | Coinbase Global INC -class A | — | EXIT | 清仓 |
| 25 | TSLA | Tesla INC | — | EXIT | 清仓 |
| 26 | HOOD | Robinhood Markets INC - A | — | EXIT | 清仓 |
| 27 | PHR | Phreesia INC | — | NEW | 新建仓 |
| 28 | COUR | Coursera INC | — | NEW | 新建仓 |
| 29 | LSPD | Lightspeed Commerce INC | — | NEW | 新建仓 |
| 30 | PTON | Peloton Interactive Inc-a | — | NEW | 新建仓 |
| 31 | CGAU | Centerra Gold INC | — | EXIT | 清仓 |
| 32 | WEAV | Weave Communications INC | — | NEW | 新建仓 |
| 33 | TEN | Tsakos Energy Navigation Limited | — | EXIT | 清仓 |
| 34 | 7WH | Udemy INC | — | NEW | 新建仓 |
| 35 | TECX | Tectonic Therapeutic INC | — | EXIT | 清仓 |
| 36 | DAWNGBX | Day One Biopharmaceuticals I | — | EXIT | 清仓 |
| 37 | OEF | Ishares S&p 100 ETF | — | EXIT | 清仓 |
| 38 | WIX | Wix.com Ltd. | — | EXIT | 清仓 |
| 39 | NVDA | Nvidia CORP | — | EXIT | 清仓 |
| 40 | SPT | Sprout Social INC - Class A | — | NEW | 新建仓 |
| 41 | DV | Doubleverify Holdings INC | — | NEW | 新建仓 |
| 42 | ✓ | Adecoagro SA | — | EXIT | 清仓 |
| 43 | LFCR | Lifecore Biomedical INC | — | EXIT | 清仓 |
| 44 | SM | Sm Energy Co | — | NEW | 新建仓 |
| 45 | RPD | Rapid7 INC | — | NEW | 新建仓 |
| 46 | EXFY | Expensify INC - A | — | NEW | 新建仓 |
| 47 | KOS | Kosmos Energy LTD | — | NEW | 新建仓 |
| 48 | RIGL | Rigel Pharmaceuticals INC | — | NEW | 新建仓 |
| 49 | CRTO | Criteo Sa-spon Adr | — | EXIT | 清仓 |
| 50 | SLNOEUR | Soleno Therapeutics INC | — | NEW | 新建仓 |
| 季度 | 申报日期 | 类型 | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-14 | 13F-HR | 在 EDGAR 上查看 |
| 2025-12-31 | 2026-02-13 | 13F-HR | 在 EDGAR 上查看 |
| 2025-09-30 | 2025-11-13 | 13F-HR | 在 EDGAR 上查看 |
| 2025-06-30 | 2025-08-13 | 13F-HR | 在 EDGAR 上查看 |
| 2025-03-31 | 2025-05-14 | 13F-HR | 在 EDGAR 上查看 |
| 2024-12-31 | 2025-02-13 | 13F-HR | 在 EDGAR 上查看 |
| 2024-09-30 | 2024-11-12 | 13F-HR | 在 EDGAR 上查看 |
| 2024-06-30 | 2024-08-13 | 13F-HR | 在 EDGAR 上查看 |
| 2024-03-31 | 2024-05-14 | 13F-HR | 在 EDGAR 上查看 |
| 2023-12-31 | 2024-02-13 | 13F-HR | 在 EDGAR 上查看 |
| 2023-09-30 | 2023-11-13 | 13F-HR | 在 EDGAR 上查看 |
| 2023-06-30 | 2023-08-11 | 13F-HR | 在 EDGAR 上查看 |
| 2023-03-31 | 2023-05-15 | 13F-HR | 在 EDGAR 上查看 |
| 2022-12-31 | 2023-02-08 | 13F-HR | 在 EDGAR 上查看 |
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