Grufity logo
Grufity logo

Latest Pale Fire Capital SE Stock Portfolio

$1.14Billion | No. of Holdings #60

Pale Fire Capital SE Performance

2026 Q1-8.14%
YTD-8.14%
2025+46.40%

About Pale Fire Capital SE and 13F Hedge Fund Stock Holdings

On 2026-05-14, the fund reported it's updated stock portfolio. In the 13F Holdings report, Pale Fire Capital SE reported an equity portfolio of $1.1 Billions as of 31 Mar, 2026. <br><br> The top stock holdings of Pale Fire Capital SE are BTG, DOLE, GRPN. The fund has invested 27.8% of it's portfolio in B2GOLD CORP and 11.8% of portfolio in DOLE PLC. <br><br> The fund managers got completely rid off CENTERRA GOLD INC (CGAU), TSAKOS ENERGY NAVIGATION LTD (TNP) and TECTONIC THERAPEUTIC INC stocks. They significantly reduced their stock positions in ABEONA THERAPEUTICS INC (ABEO), GALIANO GOLD INC (GAU) and IAC INC (IAC). Pale Fire Capital SE opened new stock positions in PHREESIA INC (PHR), COURSERA INC (COUR) and LIGHTSPEED COMMERCE INC (LSPD). The fund showed a lot of confidence in some stocks as they added substantially to MINERALYS THERAPEUTICS INC, CARS COM INC (CARS) and COMMERCE.COM INC (BIGC).
Pale Fire Capital SE Equity Portfolio Value
Last Reported on: 14 May, 2026
$1.14Billion
  as of May 14, 2026

Pale Fire Capital SE Annual Return Estimates Vs S&P 500

Our best estimate is that Pale Fire Capital SE made a return of -8.14% in the last quarter. In trailing 12 months, it's portfolio return was 20.09%.
  • Performance
  • S&P 500

New Buys

Ticker$ Bought
phreesia inc72,481,400
coursera inc61,177,500
lightspeed commerce inc49,500,300
peloton interactive inc26,746,300
weave communications inc6,896,760
udemy inc6,038,990
sprout social inc1,959,890
doubleverify hldgs inc1,049,750
New stocks bought by Pale Fire Capital SE

Additions

Ticker% Inc.
mineralys therapeutics inc3,431
cars com inc498
commerce.com inc294
tarsus pharmaceuticals inc130
ziff davis inc130
kura oncology inc89.6
heron therapeutics inc84.83
fractyl health inc84.46
Additions to existing portfolio by Pale Fire Capital SE

Reductions

Ticker% Reduced
abeona therapeutics inc-60.02
galiano gold inc-49.46
iac inc-43.75
relmada therapeutics inc-28.96
harrow inc-27.75
cullinan therapeutics inc-26.4
baxter intl inc-23.69
regenxbio inc-1.16
Pale Fire Capital SE reduced stake in above stock

Sold off

Ticker$ Sold
centerra gold inc-8,495,860
day one biopharmaceuticals i-5,070,670
tsakos energy navigation ltd-6,634,280
tectonic therapeutic inc-5,445,000
adecoagro s a-671,171
lifecore biomedical inc-581,107
atai beckley nv-187,367
larimar therapeutics inc-172,281
Pale Fire Capital SE got rid off the above stocks

Sector Distribution

Pale Fire Capital SE has about 49% of it's holdings in Others sector.

  • Others
  • Communication Services
  • Healthcare
  • Consumer Defensive
  • Consumer Cyclical
  • Technology
Sector%
Others49
Communication Services23.5
Healthcare14.6
Consumer Defensive5.9
Consumer Cyclical5.2
Technology1.7

Market Cap. Distribution

Pale Fire Capital SE has about 2.4% of it's portfolio invested in the large-cap and mega-cap stocks.

  • UNALLOCATED
  • SMALL-CAP
  • LARGE-CAP
  • MID-CAP
  • MICRO-CAP
Category%
UNALLOCATED49
SMALL-CAP45.7
LARGE-CAP2.4
MID-CAP1.6
MICRO-CAP1.3

Stocks belong to which Index?

About 47.8% of the stocks held by Pale Fire Capital SE either belong to S&P 500 or RUSSELL 2000 index.

  • Others
  • RUSSELL 2000
  • S&P 500
Index%
Others52.1
RUSSELL 200045.5
S&P 5002.3
Top 5 Winners (%)%
RLMD
relmada therapeutics inc
37.7 %
CGEM
cullinan therapeutics inc
32.4 %
AGIO
agios pharmaceuticals inc
22.3 %
CRBP
corbus pharmaceuticals hldgs
14.3 %
ZD
ziff davis inc
13.2 %
Top 5 Winners ($)$
ZD
ziff davis inc
13.6 M
LQDA
liquidia corporation
1.2 M
IAUX
i-80 gold corp
1.2 M
BTG
b2gold corp
1.1 M
GERN
geron corp
0.8 M
Top 5 Losers (%)%
fractyl health inc
-74.6 %
RGNX
regenxbio inc
-41.6 %
CYBN
cybin inc
-41.3 %
ANGI
angi inc
-40.7 %
DERM
journey med corp
-38.2 %
Top 5 Losers ($)$
GRPN
groupon inc
-58.1 M
ANGI
angi inc
-18.5 M
CARS
cars com inc
-9.4 M
fractyl health inc
-8.0 M
DOLE
dole plc
-6.6 M

Pale Fire Capital SE Holdings Map

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

Current Stock Holdings of Pale Fire Capital SE

Pale Fire Capital SE has 60 stocks in it's portfolio. About 84.6% of the portfolio is in top 10 stocks. GRPN proved to be the most loss making stock for the portfolio. ZD was the most profitable stock for Pale Fire Capital SE last quarter.

$1.14BTotal Value
76.00Positions
14 May, 2026Last Reported
Current holdings of Current Stock Holdings of Pale Fire Capital SE, last reported on 14 May, 2026. Select a row with a linked ticker to view its historical trend.
ExpandHoldingsorted ascending% PortfolioShares Held$ Value% Change
AGRO
Adecoagro S A

Adecoagro S A

AGRO
Pale Fire Capital SE's holding in Adecoagro S A over time
0%0.00
$0.00
0%
decreased 100 percentsold off
BTG
B2gold Corp

B2gold Corp

BTG
Pale Fire Capital SE's holding in B2gold Corp over time
27.76%69,740,100
$315.92M
27.76%
increased 77.4 percentadded
CGAU
Centerra Gold Inc

Centerra Gold Inc

CGAU
Pale Fire Capital SE's holding in Centerra Gold Inc over time
0%0.00
$0.00
0%
decreased 100 percentsold off
CYBN
Cybin Inc

Cybin Inc

CYBN
Pale Fire Capital SE's holding in Cybin Inc over time
0.06%153,505
$736.8K
0.06%
unchanged 0 percentunchanged
DOLE
Dole Plc

Dole Plc

DOLE
Pale Fire Capital SE's holding in Dole Plc over time
11.84%9,427,480
$134.72M
11.84%
increased 0.58 percentadded