Crawford Fund Management, LLC Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$759.0M

Holdings

191

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (191 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	PLTRPALANTIR TECHNOLOGIES INC	180,900	$32.2M	4.24%	Put
2	BABOEING CO	106,200	$23.1M	3.04%	Put
3	BEBLOOM ENERGY CORP	224,500	$19.5M	2.57%	Put
4	IONQIONQ INC	421,000	$18.9M	2.49%	Put
5	NXSTNEXSTAR MEDIA GROUP INC	90,593	$18.4M	2.42%
6	UBERUBER TECHNOLOGIES INC	224,564	$18.3M	2.42%
7	XPELXPEL INC	364,251	$18.2M	2.40%
8	LNGCHENIERE ENERGY INC	85,175	$16.6M	2.18%
9	CIB1NGRUPO CIBEST SA	256,601	$16.3M	2.15%
10	YELPYELP INC	523,958	$15.9M	2.10%
11	WTWISDOMTREE INC	1,241,269	$15.1M	1.99%
12	AFRMAFFIRM HLDGS INC	202,100	$15.0M	1.98%	Put
13	CUBICUSTOMERS BANCORP INC	183,850	$13.4M	1.77%
14	BAHBOOZ ALLEN HAMILTON HLDG COR	154,611	$13.0M	1.72%
15	OPCHOPTION CARE HEALTH INC	389,000	$12.4M	1.63%	Call
16	SEASEABRIDGE GOLD INC	405,743	$12.0M	1.58%
17	SAMBOSTON BEER INC	61,481	$12.0M	1.58%
18	TPLTEXAS PACIFIC LAND CORPORATI	41,687	$12.0M	1.58%
19	SNOWSNOWFLAKE INC	52,400	$11.5M	1.51%	Put
20	RIVNRIVIAN AUTOMOTIVE INC	550,000	$10.8M	1.43%	Put
21	NTBBANK OF NT BUTTERFIELD&SON L	201,504	$10.0M	1.32%
22	HBCPHOME BANCORP INC	170,448	$9.8M	1.30%
23	ASTSAST SPACEMOBILE INC	134,000	$9.7M	1.28%	Put
24	UNHUNITEDHEALTH GROUP INC	28,000	$9.2M	1.22%	Put
25	TOSTTOAST INC	253,936	$9.0M	1.19%
26	CROXCROCS INC	100,083	$8.6M	1.13%	Call
27	MRNAMODERNA INC	247,000	$7.3M	0.96%	Put
28	UUNITY SOFTWARE INC	163,300	$7.2M	0.95%	Put
29	TEVATEVA PHARMACEUTICAL INDS LTD	226,700	$7.1M	0.93%	Put
30	KSPIKASPI KZ JSC	89,769	$7.0M	0.92%
31	VSATVIASAT INC	203,200	$7.0M	0.92%	Put
32	HIFSHINGHAM INSTN SVGS MASS	24,566	$7.0M	0.92%
33	CDWCDW CORP	50,452	$6.9M	0.91%
34	ROKUROKU INC	63,060	$6.8M	0.90%
35	LMNDLEMONADE INC	95,700	$6.8M	0.90%	Put
36	ABNBAIRBNB INC	47,792	$6.5M	0.85%
37	ALKALASKA AIR GROUP INC	128,000	$6.4M	0.85%	Put
38	WBDWARNER BROS DISCOVERY INC	221,000	$6.4M	0.84%	Put
39	PACSPACS GROUP INC	165,000	$6.3M	0.83%	Put
40	CHECHEMED CORP NEW	14,475	$6.2M	0.82%
41	NIJNELNET INC	46,090	$6.1M	0.81%
42	STLASTELLANTIS N.V	556,000	$6.1M	0.80%	Put
43	GRBKGREEN BRICK PARTNERS INC	93,900	$5.9M	0.78%
44	KSSKOHLS CORP	283,000	$5.8M	0.76%	Put
45	GMGENERAL MTRS CO	71,000	$5.8M	0.76%	Put
46	AIC3 AI INC	427,000	$5.8M	0.76%	Put
47	4I1PHILIP MORRIS INTL INC	34,576	$5.5M	0.73%
48	NATHNATHANS FAMOUS INC NEW	58,926	$5.5M	0.73%
49	HROWHARROW INC	111,400	$5.5M	0.72%	Call
50	COHRCOHERENT CORP	29,300	$5.4M	0.71%	Put
51	KK0NEXTNAV INC	317,000	$5.3M	0.69%	Put
52	CRWVCOREWEAVE INC	72,500	$5.2M	0.68%	Put
53	OWLBLUE OWL CAPITAL INC	328,000	$4.9M	0.65%	Put
54	RGTIRIGETTI COMPUTING INC	220,000	$4.9M	0.64%	Put
55	MORNMORNINGSTAR INC	20,300	$4.4M	0.58%
56	CALYTOPGOLF CALLAWAY BRANDS CORP	377,000	$4.4M	0.58%	Put
57	UTHUNITED THERAPEUTICS CORP DEL	8,993	$4.4M	0.58%
58	QSQUANTUMSCAPE CORP	418,000	$4.4M	0.57%	Put
59	TEMTEMPUS AI INC	69,500	$4.1M	0.54%	Put
60	SOFISOFI TECHNOLOGIES INC	153,300	$4.0M	0.53%	Put
61	BRD1EURMIND MEDICINE MINDMED INC	296,200	$4.0M	0.52%	Put
62	NCLHNORWEGIAN CRUISE LINE HLDG L	169,400	$3.8M	0.50%	Put
63	EXASEXACT SCIENCES CORP	36,500	$3.7M	0.49%	Put
64	ATKRATKORE INC	55,800	$3.5M	0.46%	Call
65	JOBYJOBY AVIATION INC	266,000	$3.5M	0.46%	Put
66	SFMSPROUTS FMRS MKT INC	44,044	$3.5M	0.46%	Call
67	B7SBROOKDALE SR LIVING INC	303,100	$3.3M	0.43%	Put
68	CRNCCERENCE INC	304,000	$3.2M	0.43%	Put
69	SMRNUSCALE PWR CORP	225,500	$3.2M	0.42%	Put
70	NTRANATERA INC	13,900	$3.2M	0.42%	Put
71	BKSYBLACKSKY TECHNOLOGY INC	161,000	$3.0M	0.40%	Put
72	VNETVNET GROUP INC	355,000	$3.0M	0.40%	Put
73	SGSWEETGREEN INC	439,900	$3.0M	0.39%	Put
74	CZRCAESARS ENTERTAINMENT INC NE	126,000	$2.9M	0.39%	Put
75	NVDANVIDIA CORPORATION	15,600	$2.9M	0.38%	Put
76	CVNACARVANA CO	6,800	$2.9M	0.38%	Put
77	APLDAPPLIED DIGITAL CORP	113,500	$2.8M	0.37%	Put
78	SKYTSKYWATER TECHNOLOGY INC	153,000	$2.8M	0.37%	Put
79	XIFRXPLR INFRASTRUCTURE LP	266,000	$2.7M	0.35%	Put
80	SBGISINCLAIR INC	171,000	$2.6M	0.34%	Call
81	JBLUJETBLUE AWYS CORP	574,000	$2.6M	0.34%	Put
82	CPRICAPRI HOLDINGS LIMITED	102,000	$2.5M	0.33%	Put
83	TSMTAIWAN SEMICONDUCTOR MFG LTD	8,000	$2.4M	0.32%	Put
84	CNKCINEMARK HLDGS INC	98,000	$2.3M	0.30%	Put
85	AMRZAMRIZE LTD	41,000	$2.2M	0.29%	Call
86	MKTXMARKETAXESS HLDGS INC	12,200	$2.2M	0.29%	Call
87	OGM1COGENT COMMUNICATIONS HLDGS	97,900	$2.1M	0.28%	Put
88	FSLYFASTLY INC	206,000	$2.1M	0.28%	Put
89	HIMSHIMS & HERS HEALTH INC	64,500	$2.1M	0.28%	Put
90	HOGHARLEY DAVIDSON INC	102,000	$2.1M	0.28%	Put
91	FEYFUELCELL ENERGY INC	285,000	$2.1M	0.27%	Put
92	FFORD MTR CO	154,900	$2.0M	0.27%	Put
93	MOSMOSAIC CO NEW	82,000	$2.0M	0.26%	Call
94	REALTHE REALREAL INC	125,000	$2.0M	0.26%	Put
95	JEFJEFFERIES FINL GROUP INC	31,700	$2.0M	0.26%	Put
96	WENWENDYS CO	230,000	$1.9M	0.25%	Put
97	SLGSL GREEN RLTY CORP	41,200	$1.9M	0.25%	Put
98	ACHRARCHER AVIATION INC	250,000	$1.9M	0.25%	Put
99	JACKJACK IN THE BOX INC	97,000	$1.8M	0.24%	Put
100	NNENANO NUCLEAR ENERGY INC	73,500	$1.8M	0.23%	Put

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