Black Maple Capital Management LP
13F Reported Value
ⓘ$179.5M
incl. option notional
Equity Holdings
ⓘ$130.2M
Option Notional
ⓘ$49.3M
$45.3M puts / $4.0M calls
Holdings
98
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
Black Maple Capital Management LP disclosed 98 positions worth $179.5M in its Form 13F-HR for Q1 2026 — $130.2M in common stock plus $49.3M of put/call option positions (reported at underlying notional value, not premium at risk), led by $SPY (SPDR S&P 500 ETF TRUST) puts, followed by $SPY and $EXE. During the quarter the fund opened 35 new positions and exited 25 — including a new stake in $EXE and a full exit from $ODV. The portfolio is most concentrated in Other (37.6% of disclosed assets). All figures are sourced directly from Black Maple Capital Management LP’s Form 13F-HR filing with the SEC under CIK 1588959.
AI Fund Analysis
ConcentratingSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- —
Quality
$31.0M47,700 sh - —
Quality
$27.0M41,484 sh - 83.9#14
Quality
$7.5M68,398 sh - $7.4M85,549 sh
- —
Quality
$6.5M34,050 sh - 56.3
Quality
$6.3M172,600 sh - 69.4
Quality
$6.2M397,656 sh - 56.1
Quality
$6.0M84,599 sh - 68.4
Quality
$4.7M96,871 sh - 68.3
Quality
$4.4M249,621 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 SPDR S&P 500 ETF TRUST$SPYPUT | — | $31.0M | 47,700 |
| SPDR S&P 500 ETF TRUST$SPY | — | $27.0M | 41,484 |
 EXPAND ENERGY Corp$EXE | 83.9#14 | $7.5M | 68,398 |
 Pinnacle Financial Partners, Inc.$PNFP | — | $7.4M | 85,549 |
 Invesco Ltd.$IVZ | — | $6.5M | 34,050 |
 ALASKA AIR GROUP, INC.$ALK | 56.3 | $6.3M | 172,600 |
 HUNTINGTON BANCSHARES INC /MD/$HBAN | 69.4 | $6.2M | 397,656 |
 WESTERN ALLIANCE BANCORPORATION$WAL | 56.1 | $6.0M | 84,599 |
 BANK OF AMERICA CORP /DE/$BAC | 68.4 | $4.7M | 96,871 |
 BANC OF CALIFORNIA, INC.$BANC | 68.3 | $4.4M | 249,621 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Black Maple Capital Management LP's 98 positions.
Showing top 10 of 98 holdings.
Sector Allocation
Other
$49.0M
Financials
$47.0M
Technology
$13.8M
Energy
$8.0M
Industrials
$7.4M
Real Estate
$2.1M
Materials
$1.9M
Consumer Discretionary
$670,629
Full Holdings — Black Maple Capital Management LP (Q1 2026)
All 98 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $SPYPUT | SPDR S&P 500 ETF TRUST | $31.0M | — | +334% | — |
| 2 | $SPY | SPDR S&P 500 ETF TRUST | $27.0M | 20.7% | +45% | — |
| 3 | $EXE | EXPAND ENERGY Corp | $7.5M | 5.8% | NEW | 83.9 |
| 4 | $PNFP | Pinnacle Financial Partners, Inc. | $7.4M | 5.7% | +9% | — |
| 5 | $IVZ | Invesco Ltd. | $6.5M | 5.0% | -3% | — |
| 6 | $ALK | ALASKA AIR GROUP, INC. | $6.3M | 4.9% | +205% | 56.3 |
| 7 | $HBAN | HUNTINGTON BANCSHARES INC /MD/ | $6.2M | 4.8% | -8% | 69.4 |
| 8 | $WAL | WESTERN ALLIANCE BANCORPORATION | $6.0M | 4.6% | -24% | 56.1 |
| 9 | $BAC | BANK OF AMERICA CORP /DE/ | $4.7M | 3.6% | +182% | 68.4 |
| 10 | $BANC | BANC OF CALIFORNIA, INC. | $4.4M | 3.4% | +45% | 68.3 |
| 11 | — | ISHARES TR | $4.0M | — | NEW | — |
| 12 |  $UBER | Uber Technologies, Inc | $3.7M | 2.9% | -9% | 79.3 |
| 13 |  $MSFT | MICROSOFT CORP | $2.6M | 2.0% | NEW | 83.7 |
| 14 | — | ISHARES TR | $2.5M | 2.0% | -17% | — |
| 15 | $MSFTPUT | MICROSOFT CORP | $2.4M | — | NEW | 83.7 |
| 16 |  $COF | CAPITAL ONE FINANCIAL CORP | $2.4M | 1.8% | NEW | 71 |
| 17 | — | ISHARES INC | $2.2M | 1.7% | -54% | — |
| 18 |  $SYF | Synchrony Financial | $2.1M | 1.6% | NEW | — |
| 19 | — | KRANESHARES TRUST | $2.1M | 1.6% | +33% | — |
| 20 |  $STT | STATE STREET CORP | $2.0M | 1.5% | +0% | 61.5 |
| 21 | — | ISHARES INC | $1.8M | — | NEW | — |
| 22 | — | ISHARES INC | $1.7M | 1.3% | -47% | — |
| 23 | — | SELECT SECTOR SPDR TR | $1.7M | 1.3% | +674% | — |
| 24 | — | SELECT SECTOR SPDR TR | $1.7M | — | NEW | — |
| 25 |  $ORCL | ORACLE CORP | $1.5M | 1.2% | NEW | 67.2 |
| 26 | $ORCLPUT | ORACLE CORP | $1.5M | — | NEW | 67.2 |
| 27 |  $DDI | DoubleDown Interactive Co., Ltd. | $1.4M | 1.1% | +0% | — |
| 28 |  $META | Meta Platforms, Inc. | $1.3M | 1.0% | -63% | 80.9 |
| 29 |  $LIEN | Chicago Atlantic BDC, Inc. | $1.2M | 0.9% | -4% | — |
| 30 | — | SELECT SECTOR SPDR TR | $1.2M | 0.9% | +0% | — |
| 31 |  $AEMCALL | AGNICO EAGLE MINES LTD | $1.0M | — | NEW | — |
| 32 |  $GOOG | Alphabet Inc. | $1.0M | 0.8% | -13% | 80.2 |
| 33 |  $LODE | Comstock Inc. | $991,659 | 0.8% | NEW | 23.1 |
| 34 | — | SPDR SERIES TRUST | $987,200 | — | NEW | — |
| 35 | — | ISHARES TR | $950,852 | 0.7% | -32% | — |
| 36 |  $MDY | SPDR S&P MIDCAP 400 ETF TRUST | $925,140 | 0.7% | -25% | — |
| 37 |  $MUCALL | MICRON TECHNOLOGY INC | $844,600 | — | NEW | 88.4 |
| 38 |  $OSBC | OLD SECOND BANCORP INC | $790,756 | 0.6% | -20% | — |
| 39 | — | ISHARES TR | $789,800 | 0.6% | +120% | — |
| 40 |  $LYFT | Lyft, Inc. | $771,400 | 0.6% | NEW | 63.1 |
| 41 | — | VANECK ETF TRUST | $766,800 | — | NEW | — |
| 42 | — | VANECK ETF TRUST | $766,800 | 0.6% | -67% | — |
| 43 |  $AVGO | Broadcom Inc. | $710,325 | 0.6% | NEW | 86.4 |
| 44 | — | VANECK ETF TRUST | $688,275 | 0.5% | +24% | — |
| 45 |  $WFC | WELLS FARGO & COMPANY/MN | $676,685 | 0.5% | NEW | — |
| 46 |  $AMZN | AMAZON COM INC | $670,629 | 0.5% | +0% | 74.6 |
| 47 | $SPYCALL | SPDR S&P 500 ETF TRUST | $650,340 | — | NEW | — |
| 48 | — | SPDR SERIES TRUST | $648,060 | 0.5% | -43% | — |
| 49 | — | SPDR SERIES TRUST | $648,060 | — | NEW | — |
| 50 |  $MRVL | Marvell Technology, Inc. | $628,968 | 0.5% | -33% | 77.3 |
| 51 | $MDYPUT | SPDR S&P MIDCAP 400 ETF TRUST | $616,760 | — | NEW | — |
| 52 | — | SELECT SECTOR SPDR TR | $600,708 | 0.5% | +0% | — |
| 53 | — | VANECK ETF TRUST | $596,505 | — | NEW | — |
| 54 |  $NXE | NexGen Energy Ltd. | $580,000 | 0.5% | -24% | — |
| 55 |  $ELME | Elme Communities | $541,327 | 0.4% | NEW | 34.6 |
| 56 |  $INR | INFINITY NATURAL RESOURCES, INC. | $540,785 | 0.4% | -37% | 56.2 |
| 57 |  $FNWD | Finward Bancorp | $532,811 | 0.4% | -31% | — |
| 58 | — | SPDR SERIES TRUST | $521,200 | 0.4% | -24% | — |
| 59 | — | ISHARES TR | $518,080 | 0.4% | +16% | — |
| 60 |  $ALRS | ALERUS FINANCIAL CORP | $468,438 | 0.4% | -20% | — |
| 61 | — | ISHARES TR | $448,600 | 0.3% | +0% | — |
| 62 |  $DUOT | DUOS TECHNOLOGIES GROUP, INC. | $437,030 | 0.3% | NEW | 31.8 |
| 63 |  $GLD | SPDR GOLD TRUST | $430,290 | 0.3% | -9% | — |
| 64 |  $USB | US BANCORP DE | $416,080 | 0.3% | +0% | 71.4 |
| 65 |  $RYN | RAYONIER INC | $412,400 | 0.3% | NEW | 68.1 |
| 66 |  $DOC | HEALTHPEAK PROPERTIES, INC. | $410,750 | 0.3% | +0% | 62 |
| 67 |  $BUSE | FIRST BUSEY CORP /NV/ | $388,122 | 0.3% | +24% | 52.6 |
| 68 | — | ISHARES TR | $382,252 | 0.3% | +75% | — |
| 69 | $UBERCALL | Uber Technologies, Inc | $359,650 | — | NEW | 79.3 |
| 70 |  $CHCT | Community Healthcare Trust Inc | $353,680 | 0.3% | +96% | 51.5 |
| 71 |  $LNSR | LENSAR, Inc. | $330,011 | 0.3% | -53% | 50.7 |
| 72 | — | ISHARES INC | $325,860 | 0.3% | +0% | — |
| 73 |  $AFCG | Advanced Flower Capital Inc. | $312,772 | 0.2% | NEW | 11 |
| 74 | — | KRANESHARES TRUST | $312,730 | 0.2% | +22% | — |
| 75 |  $STHO | Star Holdings | $310,143 | 0.2% | +59% | 25.9 |
| 76 |  $FSUN | FIRSTSUN CAPITAL BANCORP | $304,076 | 0.2% | +32% | — |
| 77 |  $TSLA | Tesla, Inc. | $291,824 | 0.2% | +0% | 50.1 |
| 78 |  $FVCB | FVCBankcorp, Inc. | $290,888 | 0.2% | -20% | 60.1 |
| 79 |  $POET | POET TECHNOLOGIES INC. | $270,270 | 0.2% | NEW | — |
| 80 | — | ISHARES TR | $262,800 | 0.2% | +0% | — |
| 81 |  $BPRN | Princeton Bancorp, Inc. | $240,375 | 0.2% | NEW | — |
| 82 |  $FFBC | FIRST FINANCIAL BANCORP /OH/ | $238,541 | 0.2% | -32% | — |
| 83 | — | ADVISORSHARES TR | $230,750 | 0.2% | +0% | — |
| 84 |  $GSBD | Goldman Sachs BDC, Inc. | $222,000 | 0.2% | +150% | — |
| 85 |  $ETHA | iShares Ethereum Trust ETF | $205,790 | 0.2% | NEW | — |
| 86 |  $SGML | Sigma Lithium Corp | $176,289 | 0.1% | +0% | — |
| 87 |  $BUR | Burford Capital Ltd | $174,752 | 0.1% | -21% | — |
| 88 |  $KD | Kyndryl Holdings, Inc. | $157,440 | 0.1% | NEW | 46 |
| 89 | $BANCCALL | BANC OF CALIFORNIA, INC. | $156,462 | — | -53% | 68.3 |
| 90 |  $MSDL | Morgan Stanley Direct Lending Fund | $139,600 | 0.1% | NEW | — |
| 91 |  $LAR | Lithium Argentina AG | $134,876 | 0.1% | +0% | — |
| 92 | $METAPUT | Meta Platforms, Inc. | $114,426 | — | NEW | 80.9 |
| 93 |  $OCSL | Oaktree Specialty Lending Corp | $113,000 | 0.1% | NEW | — |
| 94 |  $SNFCA | SECURITY NATIONAL FINANCIAL CORP | $107,228 | 0.1% | -53% | 50.4 |
| 95 | $ETHAPUT | iShares Ethereum Trust ETF | $87,065 | — | NEW | — |
| 96 |  $SITC | SITE Centers Corp. | $81,000 | 0.1% | -38% | 52.6 |
| 97 | $MU | MICRON TECHNOLOGY INC | $70,946 | 0.1% | -79% | 88.4 |
| 98 | — | BITFARMS LTD | $64,350 | 0.1% | +0% | — |
New Positions (35)
$EXE EXPAND ENERGY Corp$7.5M$MSFT MICROSOFT CORP$2.6M$MSFTPUT MICROSOFT CORP$2.4M$COF CAPITAL ONE FINANCIAL CORP$2.4M$SYF Synchrony Financial$2.1M$ORCL ORACLE CORP$1.5M$ORCLPUT ORACLE CORP$1.5M$AEMCALL AGNICO EAGLE MINES LTD$1.0M$LODE Comstock Inc.$991,659$MUCALL MICRON TECHNOLOGY INC$844,600$LYFT Lyft, Inc.$771,400Exited Positions (25)
$ODV Osisko Development Corp.
$EQT EQT Corp
$OZK Bank OZK
$EOG EOG RESOURCES INC
$MBIN Merchants Bancorp$ODVPUT Osisko Development Corp.
$NOG NORTHERN OIL & GAS, INC.
$NECB NorthEast Community Bancorp, Inc./MD/
$SIMO Silicon Motion Technology CORP
$ADBE ADOBE INC.
$FCX FREEPORT-MCMORAN INC
$AR ANTERO RESOURCES Corp
$SM SM Energy Co
$CRM Salesforce, Inc.Browse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
Available Analysis
13F Pro tracks comprehensive institutional data for Black Maple Capital Management LP including:
Track Black Maple Capital Management LP's Full Portfolio
See every holding, quarter-over-quarter changes, sector allocation, and accumulation patterns for Black Maple Capital Management LP and 8,700+ other institutional investors.
Free tier includes full 13F search and fund profiles. Pro starts at $6.67/mo (billed annually).
AI-Powered Hedge Fund Analysis: Black Maple Capital Management LP
13F Pro is an AI hedge fund tracker and stock research platform. For Black Maple Capital Management LP (SEC CIK: 1588959), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Black Maple Capital Management LP's portfolio is scored on a 32-signal AI quality ranking (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.