PLUSTICK MANAGEMENT LLC

Portfolio Overview

PLUSTICK MANAGEMENT LLC disclosed 21 positions worth $207.1M in its Form 13F-HR for Q1 2026, led by $ECHO (EchoStar CORP) at 22.0% of the equity portfolio, followed by $NN and $ATEX. During the quarter the fund opened 8 new positions and exited 8 — including a new stake in $ATEX and a full exit from $FSLR. The portfolio is most concentrated in Communication Services (34.8% of disclosed assets). All figures are sourced directly from PLUSTICK MANAGEMENT LLC’s Form 13F-HR filing with the SEC under CIK 1643351.

• 

  EchoStar CORP

  $ECHO

  29.5#2,405

  Quality

  $45.7M390,000 sh
• 

  NEXTNAV INC.

  $NN

  21.2#2,664

  Quality

  $27.4M1,708,000 sh
• 

  Anterix Inc.

  $ATEX

  45.2#1,731

  Quality

  $19.1M499,596 sh
• 

  Applied Digital Corp.

  $APLD

  35.4

  Quality

  $15.2M640,000 sh
• 

  Moderna, Inc.

  $MRNA

  15.9

  Quality

  $11.2M220,000 sh
• 

  Sable Offshore Corp.

  $SOC

  —

  Quality

  $11.2M675,000 sh
• 

  Venture Global, Inc.

  $VG

  69.0

  Quality

  $10.6M675,000 sh
• 

  INNODATA INC

  $INOD

  70.6

  Quality

  $10.6M275,000 sh
• 

  Nebius Group N.V.

  $NBIS

  —

  Quality

  $9.3M90,000 sh
• 

  ANTERO RESOURCES Corp

  $AR

  80.1

  Quality

  $7.4M175,000 sh

Company	Quality	Value	Shares
EchoStar CORP$ECHO	29.5#2,405	$45.7M	390,000
NEXTNAV INC.$NN	21.2#2,664	$27.4M	1,708,000
Anterix Inc.$ATEX	45.2#1,731	$19.1M	499,596
Applied Digital Corp.$APLD	35.4	$15.2M	640,000
Moderna, Inc.$MRNA	15.9	$11.2M	220,000
Sable Offshore Corp.$SOC	—	$11.2M	675,000
Venture Global, Inc.$VG	69.0	$10.6M	675,000
INNODATA INC$INOD	70.6	$10.6M	275,000
Nebius Group N.V.$NBIS	—	$9.3M	90,000
ANTERO RESOURCES Corp$AR	80.1	$7.4M	175,000

Showing top 10 of 21 holdings.

Full Holdings — PLUSTICK MANAGEMENT LLC (Q1 2026)

All 21 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	$ECHO	EchoStar CORP	$45.7M	22.0%	+7%	29.5
2	$NN	NEXTNAV INC.	$27.4M	13.2%	-17%	21.2
3	$ATEX	Anterix Inc.	$19.1M	9.2%	NEW	45.2
4	$APLD	Applied Digital Corp.	$15.2M	7.3%	-36%	35.4
5	$MRNA	Moderna, Inc.	$11.2M	5.4%	+69%	15.9
6	$SOC	Sable Offshore Corp.	$11.2M	5.4%	+93%	—
7	$VG	Venture Global, Inc.	$10.6M	5.1%	NEW	69
8	$INOD	INNODATA INC	$10.6M	5.1%	-17%	70.6
9	$NBIS	Nebius Group N.V.	$9.3M	4.5%	-33%	—
10	$AR	ANTERO RESOURCES Corp	$7.4M	3.6%	-45%	80.1
11	$SM	SM Energy Co	$6.5M	3.2%	NEW	66.6
12	$APA	APA Corp	$5.9M	2.9%	NEW	—
13	$CC	Chemours Co	$5.0M	2.4%	NEW	36.5
14	$GSAT	Globalstar, Inc.	$4.6M	2.2%	-58%	45.2
15	$ECG	Everus Construction Group, Inc.	$3.5M	1.7%	+0%	67
16	$OXY	OCCIDENTAL PETROLEUM CORP /DE/	$3.3M	1.6%	NEW	66.3
17	$TE	T1 Energy Inc.	$2.9M	1.4%	-19%	23.8
18	$LUMN	Lumen Technologies, Inc.	$2.8M	1.3%	+0%	39.8
19	$RUN	Sunrun Inc.	$2.2M	1.1%	-68%	54.6
20	$CNR	Core Natural Resources, Inc.	$2.1M	1.0%	NEW	51.8
21	$RXT	Rackspace Technology, Inc.	$685,860	0.3%	NEW	37.2