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272 Capital LP: 13F holdings, Q4 2025

Hedge fund · SEC EDGAR filings (CIK 1841077) · Explore on the interactive board

272 Capital LP disclosed 1 US equity positions worth $40.0m in its Q4 2025 13F filing (holdings as of December 31, 2025, filed February 17, 2026). Its largest position is APLD at 100.0% of the reported book. The top ten holdings are 100.0% of the book, and the portfolio behaves like about 1 equal-weight positions. Versus the prior filing it opened 0 new positions, added to 0, reduced 0 and exited 4. Note: this manager's most recent filing is 2 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 2 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$40.0mreported US equity book
1positions
100.0%largest position
100.0%top 10 weight
1.0effective positions (1/HHI)
6quarters on file since Q3 2024

What does 272 Capital LP own? Top holdings as of December 31, 2025

Change is measured in shares against the previous filing (Q3 2025), so price moves do not read as decisions. This quarter: 0 new, 0 added, 0 reduced, 4 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 APLD APPLIED DIGITAL CORP Technology 100.0%$40.0m1,631,453 0% held

What did 272 Capital LP sell? Positions exited since the previous filing

StockPrior weightPrior value
SEQUANS COMMUNICATIONS S A83.3%$1.6m
1B2 BITFARMS LTD15.8%$296.3k
RESERVOIR MEDIA INC0.7%$13.2k
MULTISENSOR AI HOLDINGS INC0.2%$4.3k

Discovery track record: where was 272 Capital LP early?

Stocks where 272 Capital LP was among the first 10% (or first 3) of the tracked managers observed opening a meaningful position, in stocks at least 20 managers were observed opening. Stock changes describe the stock, not the manager's return.

StockFirst reportedEntry rankInitial weightPeak weightQuarters heldStatusStock since
TENB TENABLE HLDGS INC Q4 2024 1 of 68 0.6%1.5%3 Exited by Q3 2025 -14% to Q2 2025
JAMF JAMF HLDG CORP Q4 2024 2 of 57 2.8%3.4%2 Exited by Q2 2025 -14% to Q1 2025

Sector mix

SectorWeight
Technology100.0%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q4 20251$40.0m
Q3 20255$39.3m
Q2 20259$24.4m
Q1 202534$37.9m
Q4 202448$105.8m
Q3 202461$175.0m

How concentrated is 272 Capital LP's portfolio?

Across every quarter 272 Capital LP has filed, its median largest position is 45.8% of the book and its median top-ten weight is 89.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 87.0 completed holding spells, the median lasted 1.0 quarters; 1.0 positions are still open and their final length is unknown.