Black Maple Capital Management LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Black Maple Capital Management LP disclosed 82 US equity positions worth $127.4m in its Q1 2025 13F filing. The largest position was SPY at 17.9% of the reported book, followed by WAL and DAL. Against the Q4 2024 filing, it opened 14 new positions, added to 12 and reduced 12 among the top 50 holdings.
What did Black Maple Capital Management LP own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | SPY SPDR S&P 500 ETF TR | 17.9% | $22.8m | 40,752 | 22% | added | |
| 2 | WAL WESTERN ALLIANCE BANCORP | Financial Services | 4.8% | $6.1m | 79,100 | -28% | reduced |
| 3 | DAL DELTA AIR LINES INC DEL | Industrials | 4.6% | $5.9m | 135,153 | 1589% | added |
| 4 | BANC BANC OF CALIFORNIA INC | Financial Services | 4.6% | $5.9m | 412,353 | -18% | reduced |
| 5 | IEF ISHARES TR | 4.6% | $5.8m | 60,850 | 170% | added | |
| 6 | RSP INVESCO EXCHANGE TRADED FD T | 4.1% | $5.2m | 30,100 | -9% | reduced | |
| 7 | KEY KEYCORP | Financial Services | 2.9% | $3.7m | 230,478 | -41% | reduced |
| 8 | RF REGIONS FINANCIAL CORP NEW | Financial Services | 2.8% | $3.5m | 161,199 | 83% | added |
| 9 | USB US BANCORP DEL | Financial Services | 2.6% | $3.3m | 77,500 | – | new |
| 10 | SYF SYNCHRONY FINANCIAL | Financial Services | 2.5% | $3.2m | 59,600 | – | new |
| 11 | BFINUSD BANKFINANCIAL CORP | 2.4% | $3.0m | 240,757 | -1% | reduced | |
| 12 | MBIN MERCHANTS BANCORP IND | 2.3% | $2.9m | 79,481 | 353% | added | |
| 13 | EWJ ISHARES INC | 2.2% | $2.8m | 40,509 | 0% | held | |
| 14 | KOS KOSMOS ENERGY LTD | Energy | 2.0% | $2.6m | 1,135,552 | 15% | added |
| 15 | BUR BURFORD CAP LTD | Financial Services | 1.9% | $2.5m | 186,958 | -11% | reduced |
| 16 | SM SM ENERGY CO | Energy | 1.9% | $2.4m | 81,600 | – | new |
| 17 | IEI ISHARES TR | 1.9% | $2.4m | 20,000 | – | new | |
| 18 | CMA COMERICA INC | 1.6% | $2.1m | 35,354 | -32% | reduced | |
| 19 | FIRST FINANCIAL NORTHWEST IN | 1.4% | $1.8m | 78,800 | -11% | reduced | |
| 20 | FEZ SPDR INDEX SHS FDS | 1.4% | $1.7m | 31,800 | 0% | held | |
| 21 | ZION ZIONS BANCORPORATION N A | Financial Services | 1.3% | $1.7m | 34,001 | – | new |
| 22 | EWU ISHARES TR | 1.3% | $1.7m | 45,210 | 0% | held | |
| 23 | MDY SPDR S&P MIDCAP 400 ETF TR | 1.3% | $1.6m | 3,000 | 0% | held | |
| 24 | MU MICRON TECHNOLOGY INC | Technology | 1.2% | $1.5m | 17,750 | 87% | added |
| 25 | NECB NORTHEAST CMNTY BANCORP INC | 1.1% | $1.4m | 59,182 | 274% | added | |
| 26 | TLT ISHARES TR | 1.0% | $1.3m | 14,500 | -50% | reduced | |
| 27 | EIDO ISHARES TR | 1.0% | $1.3m | 79,604 | 23% | added | |
| 28 | NPDEUR OSISKO DEVELOPMENT CORP | 1.0% | $1.3m | 853,933 | 5374% | added | |
| 29 | MCB METROPOLITAN BK HLDG CORP | 0.9% | $1.2m | 21,481 | – | new | |
| 30 | XME SPDR SER TR | 0.9% | $1.2m | 21,000 | 0% | held | |
| 31 | INDA ISHARES TR | 0.9% | $1.1m | 22,000 | 0% | held | |
| 32 | FXI ISHARES TR | 0.9% | $1.1m | 30,500 | -14% | reduced | |
| 33 | XLC SELECT SECTOR SPDR TR | 0.8% | $1.1m | 10,970 | 0% | held | |
| 34 | META META PLATFORMS INC | Communication Services | 0.8% | $1.0m | 1,770 | – | new |
| 35 | LNSR LENSAR INC | 0.7% | $877.3k | 62,135 | – | new | |
| 36 | CVE CENOVUS ENERGY INC | Energy | 0.7% | $876.3k | 63,000 | 473% | added |
| 37 | FNWD FINWARD BANCORP | 0.7% | $873.0k | 30,000 | -33% | reduced | |
| 38 | ISTR INVESTAR HLDG CORP | Financial Services | 0.7% | $854.9k | 48,547 | – | new |
| 39 | GAN LTD | 0.6% | $813.6k | 459,680 | -19% | reduced | |
| 40 | EWP ISHARES INC | 0.6% | $761.2k | 20,000 | 0% | held | |
| 41 | FCX FREEPORT-MCMORAN INC | Basic Materials | 0.6% | $757.2k | 20,000 | 0% | held |
| 42 | KRE SPDR SER TR | 0.6% | $710.6k | 12,500 | 0% | held | |
| 43 | OSBC OLD SECOND BANCORP INC ILL | Financial Services | 0.6% | $707.2k | 42,500 | 6% | added |
| 44 | GDX VANECK ETF TRUST | 0.5% | $689.5k | 15,000 | 0% | held | |
| 45 | CIVI CIVITAS RESOURCES INC | 0.5% | $687.5k | 19,706 | – | new | |
| 46 | ASML ASML HOLDING N V | Technology | 0.5% | $629.5k | 950 | 0% | held |
| 47 | GOOG ALPHABET INC | Communication Services | 0.5% | $624.9k | 4,000 | – | new |
| 48 | GOOGL ALPHABET INC | Communication Services | 0.5% | $618.6k | 4,000 | – | new |
| 49 | CHECKPOINT THERAPEUTICS INC | 0.5% | $606.0k | 150,000 | – | new | |
| 50 | OPTNUSD OPTINOSE INC | 0.4% | $563.8k | 61,485 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.