Nokomis Capital, L.L.C. Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$422.4B

Holdings

58

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (58 positions)

#StockSharesValue% PortfolioType
1
IAUI-80 GOLD CORP
22,870,369$33.4B7.90%
2
DONSPDR DOW JONES INDL AVERAGE
52,218$25.1B5.94%
3
MGMMGM RESORTS INTERNATIONAL
648,387$23.7B5.60%
4
GDXVANECK ETF TRUST
219,751$18.8B4.46%Call
5
HBMHUDBAY MINERALS INC
868,230$17.2B4.08%
6
NGDNEW GOLD INC CDA
1,872,682$16.3B3.86%
7
SLVISHARES SILVER TR
234,000$15.1B3.57%Call
8
NXENEXGEN ENERGY LTD
1,598,948$14.7B3.48%
9
CDECOEUR MNG INC
728,171$13.0B3.07%
10
BZHBEAZER HOMES USA INC
626,394$12.7B3.01%
11
IAU-WUI-80 GOLD CORP
12,999,999$12.2B2.89%
12
GQ9SPDR GOLD TR
29,517$11.7B2.77%Call
13
ARANTERO RESOURCES CORP
335,208$11.6B2.73%
14
SPPPSPROTT ASSET MANAGEMENT LP
682,500$11.5B2.72%
15
CRDOCREDO TECHNOLOGY GROUP HOLDI
74,400$10.7B2.53%Put
16
SCVLSHOE CARNIVAL INC
619,747$10.5B2.48%
17
NDQINVESCO QQQ TR
16,500$10.1B2.40%Put
18
GFRGREENFIRE RES LTD NEW
2,113,249$10.1B2.38%
19
GDXJVANECK ETF TRUST
87,615$10.0B2.36%Call
20
PSLV/USPROTT ASSET MANAGEMENT LP
419,082$9.9B2.35%
21
HNRGHALLADOR ENERGY COMPANY
497,531$9.5B2.24%
22
KREFKKR REAL ESTATE FIN TR INC
1,091,820$9.0B2.12%
23
CTRACOTERRA ENERGY INC
324,717$8.5B2.02%
24
DCDAKOTA GOLD CORP
1,480,885$8.4B1.99%
25
NVDANVIDIA CORPORATION
43,000$8.0B1.90%Put
26
SILJAMPLIFY ETF TR
260,734$7.2B1.71%Call
27
ODVOSISKO DEVELOPMENT CORP
2,000,000$7.0B1.65%
28
VZLAVIZSLA SILVER CORP
1,143,852$6.3B1.48%
29
APLEAPPLE HOSPITALITY REIT INC
479,576$5.7B1.35%
30
EOSEEOS ENERGY ENTERPRISES INC
439,800$5.0B1.19%Put
31
ACRACRES COMMERCIAL REALTY CORP
224,973$4.8B1.14%
32
SDRLSEADRILL LTD
124,431$4.3B1.02%
33
ASTSAST SPACEMOBILE INC
54,200$3.9B0.93%Put
34
TRTXTPG RE FIN TR INC
389,074$3.3B0.79%
35
FEIMFREQUENCY ELECTRS INC
57,617$3.1B0.73%
36
CNTCENTURY CASINOS INC
2,179,575$2.9B0.69%
37
LADLITHIA MTRS INC
8,172$2.7B0.64%
38
LWLGLIGHTWAVE LOGIC INC
750,000$2.4B0.58%
39
OTGAOTG ACQUISITION CORP. I
235,030$2.4B0.56%
40
MLPMAUI LD & PINEAPPLE INC
134,419$2.3B0.54%
41
SBSWSIBANYE STILLWATER LTD
150,100$2.1B0.51%
42
PKPARK HOTELS & RESORTS INC
203,524$2.1B0.50%
43
AGIALAMOS GOLD INC NEW
48,405$1.9B0.44%
44
CRGYCRESCENT ENERGY COMPANY
217,903$1.8B0.43%
45
PPTAPERPETUA RESOURCES CORP
62,033$1.5B0.36%
46
MNRMACH NATURAL RESOURCES LP
134,780$1.5B0.35%
47
DRDBROMAN DBDR ACQUISITION CORP
130,026$1.4B0.32%
48
BBWIBATH & BODY WORKS INC
59,017$1.2B0.28%
49
SOCSABLE OFFSHORE CORP
83,005$748.0M0.18%
50
ARKRARK RESTAURANTS CORP
107,327$719.0M0.17%
51
OVVOVINTIV INC
18,200$713.0M0.17%
52
CGCENTERRA GOLD INC
40,818$586.0M0.14%
53
EWZISHARES INC
15,600$495.0M0.12%
54
IBITISHARES BITCOIN TRUST ETF
6,000$297.0M0.07%Call
55
SOUNSOUNDHOUND AI INC
24,500$244.0M0.06%Put
56
DRDBROMAN DBDR ACQUISITION CORP
165,317$100.0M0.02%
57
OTGAOTG ACQUISITION CORP. I
117,515$37.0M0.01%
58
MOBXWMOBIX LABS INC
30,093$2.0M0.00%