Latest Black Maple Capital Management LP Stock Portfolio

Black Maple Capital Management LP Performance:

2025 Q3: 3.47%YTD: 4.78%2024: 1.31%

Performance for 2025 Q3 is 3.47%, and YTD is 4.78%, and 2024 is 1.31%.

About Black Maple Capital Management LP and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Black Maple Capital Management LP reported an equity portfolio of $206.4 Millions as of 30 Sep, 2025.

The top stock holdings of Black Maple Capital Management LP are SPY, AR, PNFP. The fund has invested 13.7% of it's portfolio in SPDR S&P 500 ETF TR and 5.6% of portfolio in ANTERO RESOURCES CORP.

The fund managers got completely rid off ISHARES TR (AAXJ), DELTA AIR LINES INC DEL (DAL) and ZIONS BANCORPORATION N A (ZION) stocks. They significantly reduced their stock positions in ISHARES TR (IJR), BANC OF CALIFORNIA INC (BANC) and COMERICA INC (CMA). Black Maple Capital Management LP opened new stock positions in PINNACLE FINL PARTNERS INC (PNFP), EQT CORP (EQT) and 89BIO INC (ETNB). The fund showed a lot of confidence in some stocks as they added substantially to US BANCORP DEL (USB), UBER TECHNOLOGIES INC (UBER) and INTEL CORP (INTC).

Black Maple Capital Management LP Annual Return Estimates Vs S&P 500

Our best estimate is that Black Maple Capital Management LP made a return of 3.47% in the last quarter. In trailing 12 months, it's portfolio return was 4.05%.

New Buys

Ticker	$ Bought
pinnacle finl partners inc	7,469,150
eqt corp	4,862,940
89bio inc	4,727,760
expand energy corporation	3,712,130
synovus finl corp	1,119,020
huntington bancshares inc	920,491
novo-nordisk a s	665,825
synchrony financial	532,875

New stocks bought by Black Maple Capital Management LP

Additions

Ticker	% Inc.
us bancorp del	1,777
uber technologies inc	900
intel corp	220
ishares tr	100
doubledown interactive co lt	96.89
antero resources corp	87.75
ishares tr	60.00
ishares tr	53.33

Additions to existing portfolio by Black Maple Capital Management LP

Reductions

Ticker	% Reduced
ishares tr	-83.57
banc of california inc	-78.84
comerica inc	-73.89
bit digital inc	-70.59
spdr s&p midcap 400 etf tr	-66.67
burford cap ltd	-53.32
diversified healthcare tr	-47.94
ishares inc	-42.86

Black Maple Capital Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
bankfinancial corp	-2,537,750
vigil neuroscience inc	-1,717,140
delta air lines inc del	-5,635,040
ishares tr	-10,360,800
blue ridge bankshares inc va	-307,559
keycorp	-1,487,280
perpetua resources corp	-1,031,900
regions financial corp new	-1,660,630

Black Maple Capital Management LP got rid off the above stocks

Sector Distribution

Black Maple Capital Management LP has about 41.1% of it's holdings in Others sector.

Sector	%
Others	41.1
Financial Services	25.8
Energy	14.6
Technology	6.7
Healthcare	5.7
Communication Services	3.7
Utilities	1.6

Market Cap. Distribution

Black Maple Capital Management LP has about 19.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	41.1
MID-CAP	25.3
LARGE-CAP	15.3
SMALL-CAP	10.7
MEGA-CAP	4.2
MICRO-CAP	3.4

Stocks belong to which Index?

About 29.3% of the stocks held by Black Maple Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	70.7
S&P 500	16.8
RUSSELL 2000	12.5

Top 5 Winners (%)		%
	bitfarms ltd	206.2 %
ACT	advisorshares tr	82.4 %
	lithium argentina ag	60.6 %
SGML	sigma lithium corporation	42.4 %
BIL	spdr series trust	38.6 %

Top 5 Winners ($)		$
SPY	spdr s&p 500 etf tr	2.1 M
BANC	banc of california inc	0.7 M
WAL	western alliance bancorp	0.5 M
MU	micron technology inc	0.5 M
CMA	comerica inc	0.3 M

Top 5 Losers (%)		%
AR	antero resources corp	-13.3 %
	burford cap ltd	-11.8 %
NECB	northeast cmnty bancorp inc	-10.6 %
ADBE	adobe inc	-8.0 %
FCX	freeport-mcmoran inc	-7.8 %

Top 5 Losers ($)		$
AR	antero resources corp	-1.8 M
	burford cap ltd	-0.4 M
NECB	northeast cmnty bancorp inc	-0.2 M
MBIN	merchants bancorp ind	-0.1 M
LNSR	lensar inc	-0.1 M

Black Maple Capital Management LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Black Maple Capital Management LP

Black Maple Capital Management LP has 76 stocks in it's portfolio. About 40% of the portfolio is in top 10 stocks. AR proved to be the most loss making stock for the portfolio. SPY was the most profitable stock for Black Maple Capital Management LP last quarter.

Last Reported on: 14 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAXJ	ishares tr	0.13	5,000	265,150	unchanged	0.00

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

ACT	advisorshares tr	0.13	55,000	263,450	added	22.22

ACWV	ishares inc	0.19	8,000	396,000	reduced	-42.86

ADBE	adobe inc	0.22	1,300	458,575	added	23.81

AFK	vaneck etf trust	0.00	0.00	0.00	sold off	-100

AGT	ishares tr	1.04	51,210	2,149,280	reduced	-16.34

ALRS	alerus finl corp	0.12	10,952	242,477	reduced	-26.85

AMPS	ishares tr	0.58	23,000	1,197,380	added	53.33

AMPS	ishares tr	0.49	57,104	1,002,180	added	9.6

AR	antero resources corp	5.64	346,666	11,634,100	added	87.75

BANC	banc of california inc	0.77	96,269	1,593,250	reduced	-78.84

BFIN	bankfinancial corp	0.00	0.00	0.00	sold off	-100

BHB	bar hbr bankshares	0.00	0.00	0.00	sold off	-100

BIL	spdr series trust	0.47	10,500	978,495	unchanged	0.00

BIL	spdr series trust	0.26	8,500	538,050	reduced	-19.05

BNDD	kraneshares trust	0.87	105,517	1,801,180	added	34.74

BRBS	blue ridge bankshares inc va	0.00	0.00	0.00	sold off	-100

BUSE	first busey corp	0.12	10,859	251,386	reduced	-31.53

CARE	carter bankshares inc	0.09	10,000	194,100	reduced	-41.61