Spark Investment Management LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| AMAZON COM INC | AMZN | $10.3M | 43,180 | -1.53pp | 24q | HELD | |
| BLACKBERRY LTD | BB | $4.2M | 334,000 | - | new | NEW | |
| SPOTIFY TECHNOLOGY S A | SPOT | $3.2M | 7,000 | -1.89pp | 24q | HELD | |
| TESLA INC | TSLA | $2.5M | 6,000 | -0.44pp | 23q | HELD | |
| CENTERRA GOLD INC | CGAU | $2.3M | 147,000 | -1.72pp | 3q | HELD | |
| LIGHTSPEED COMMERCE INC | LSPD | $1.9M | 186,000 | -1.49pp | 4q | -24.4%-$627.6K | |
| BARRICK MNG CORP | B | $1.8M | 50,000 | -0.15pp | 2q | +31.6%+$440.8K | |
| ENERFLEX LTD | EFXT | $1.7M | 70,000 | -0.57pp | 3q | -10.3%-$196.3K | |
| VERMILION ENERGY INC | VET | $1.7M | 181,000 | -6.14pp | 3q | -36.5%-$972.1K | |
| KINROSS GOLD CORP | KGC | $1.4M | 60,750 | -1.82pp | 6q | -3.6%-$53.2K | |
| CELESTICA INC | CLS | $1.1M | 3,000 | - | new | NEW | |
| OBSIDIAN ENERGY LTD | OBE | $1.1M | 133,000 | -0.34pp | 3q | +23.1%+$204.5K | |
| PRECISION DRILLING CORP | PDS | $1.1M | 14,000 | -3.58pp | 3q | -41.7%-$767.2K | |
| ARTERIS INC | AIP | $1.1M | 22,100 | - | new | NEW | |
| TWILIO INC | TWLO | $1.1M | 5,200 | +0.52pp | 19q | HELD | |
| BAYTEX ENERGY CORP | BTE | $1.0M | 259,000 | - | new | NEW | |
| SILVERCORP METALS INC | SVM | $829.4K | 82,000 | - | new | NEW | |
| AMBIQ MICRO INC | AMBQ | $777.0K | 8,800 | - | new | NEW | |
| OPEN TEXT CORP | OTEX | $773.9K | 35,000 | -1.76pp | 4q | -42.6%-$574.9K | |
| NVIDIA CORPORATION | NVDA | $700.3K | 3,500 | -0.44pp | 7q | -18.6%-$160.1K | |
| CENOVUS ENERGY INC | CVE | $694.1K | 28,000 | - | new | NEW | |
| BLOCK INC | XYZ | $661.2K | 8,700 | +0.03pp | 24q | HELD | |
| SOUTH BOW CORP | SOBO | $598.3K | 17,000 | - | new | NEW | |
| PAN AMERN SILVER CORP | PAAS | $582.2K | 13,000 | - | new | NEW | |
| DROPBOX INC | DBX | $576.9K | 21,000 | - | new | NEW | |
| SPROTT INC | SII | $564.7K | 5,000 | -1.30pp | 4q | -28.6%-$225.9K | |
| CANADA GOOSE HLDGS INC | GOOS | $548.7K | 58,000 | +0.07pp | 3q | +52.6%+$189.2K | |
| AGNICO EAGLE MINES LTD | AEM | $465.7K | 3,000 | -0.55pp | 2q | HELD | |
| MONDAY COM LTD | MNDY | $427.1K | 5,900 | -0.15pp | 21q | HELD | |
| FORTUNA MNG CORP | FSM | $380.1K | 45,000 | - | new | NEW | |
| DIGI INTL INC | DGII | $374.8K | 5,000 | - | new | NEW | |
| FASTLY INC | FSLY | $339.7K | 18,500 | - | new | NEW | |
| DIEBOLD NIXDORF INC | DBD | $306.1K | 3,600 | - | new | NEW | |
| SILVACO GROUP INC | SVCO | $303.0K | 21,974 | - | new | NEW | |
| DIGITALOCEAN HLDGS INC | DOCN | $267.0K | 1,700 | - | new | NEW | |
| BITDEER TECHNOLOGIES GROUP | BTDR | $241.2K | 15,200 | - | new | NEW | |
| FOSSIL GROUP INC | FOSL | $231.4K | 55,900 | -0.13pp | 22q | HELD | |
| KYVERNA THERAPEUTICS INC | KYTX | $223.6K | 25,100 | - | new | NEW | |
| HUDBAY MINERALS INC | HBM | $212.3K | 9,000 | - | new | NEW | |
| ONE STOP SYS INC | OSS | $207.3K | 11,400 | - | new | NEW | |
| ONESPAN INC | OSPN | $190.9K | 13,300 | - | new | NEW | |
| CORSAIR GAMING INC | CRSR | $184.7K | 19,100 | - | new | NEW | |
| CLIMB BIO INC | CLYM | $177.3K | 13,600 | - | new | NEW | |
| ARTIVA BIOTHERAPEUTICS INC | ARTV | $160.1K | 16,500 | - | new | NEW | |
| CENTURY THERAPEUTICS INC | IPSC | $144.6K | 59,000 | - | new | NEW | |
| PUMA BIOTECHNOLOGY INC | PBYI | $137.9K | 17,000 | - | new | NEW | |
| MAKO MNG CORP | MAKO | $118.2K | 16,092 | -0.45pp | 2q | -63.4%-$205.0K | |
| SMARTBIRD INC | BIRD | $110.5K | 27,634 | -0.20pp | 6q | -52.1%-$120.0K | |
| GCT SEMICONDUCTOR HLDG INC | GCTS | $110.2K | 37,100 | - | new | NEW | |
| OVID THERAPEUTICS INC | OVID | $85.5K | 31,800 | - | new | NEW | |
| MACROGENICS INC | MGNX | $79.5K | 17,200 | - | new | NEW | |
| CRONOS GROUP INC | CRON | $77.3K | 28,000 | - | new | NEW | |
| ATEA PHARMACEUTICALS INC | AVIR | $75.3K | 16,200 | - | new | NEW | |
| LEXEO THERAPEUTICS INC | LXEO | $69.8K | 15,000 | - | new | NEW | |
| ZENTALIS PHARMACEUTICALS INC | ZNTL | $60.6K | 12,500 | - | new | NEW | |
| PRELUDE THERAPEUTICS INC | PRLD | $56.5K | 10,600 | - | new | NEW | |
| ACRIVON THERAPEUTICS INC | ACRV | $50.4K | 28,300 | - | new | NEW | |
| VOYAGER THERAPEUTICS INC | VYGR | $47.2K | 13,500 | - | new | NEW | |
| BLAIZE HLDGS INC | BZAI | $42.0K | 30,400 | - | new | NEW | |
| CARIBOU BIOSCIENCES INC | CRBU | $41.5K | 23,600 | - | new | NEW | |
| ACUMEN PHARMACEUTICALS INC | ABOS | $39.2K | 14,700 | - | new | NEW | |
| NKARTA INC | NKTX | $33.1K | 11,700 | - | new | NEW | |
| INHIBIKASE THERAPEUTICS INC | IKT | $31.5K | 15,500 | - | new | NEW | |
| BLACK DIAMOND THERAPEUTICS I | BDTX | $28.7K | 15,500 | - | new | NEW | |
| CERAGON NETWORKS LTD | CRNT | $27.0K | 10,411 | - | new | NEW | |
| TENAYA THERAPEUTICS INC | TNYA | $26.2K | 35,500 | - | new | NEW | |
| PLIANT THERAPEUTICS INC | PLRX | $25.8K | 22,600 | - | new | NEW | |
| COHERUS ONCOLOGY INC | CHRS | $24.9K | 17,800 | - | new | NEW | |
| IBIO INC | IBIO | $23.6K | 13,500 | - | new | NEW | |
| MAXCYTE INC | MXCT | $19.6K | 15,900 | - | new | NEW | |
| CYPHERPUNK TECHNOLOGIES INC | CYPH | $15.9K | 25,900 | - | new | NEW | |
| SINOVAC BIOTECH LTD | SVA | $0 | 29,100 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Retail & Consumer | $11.0M | 21.4% |
| Software & IT Services | $10.8M | 21.0% |
| Mining & Metals | $8.2M | 16.0% |
| Energy | $5.6M | 10.9% |
| Semiconductors & Electronics | $3.8M | 7.5% |
| Telecom & Media | $3.2M | 6.3% |
| Autos & Aerospace | $2.5M | 4.9% |
| Biotech & Pharma | $1.8M | 3.4% |
| Industrials | $1.7M | 3.4% |
| Computer Hardware | $1.1M | 2.1% |
| Banks & Lending | $805.9K | 1.6% |
| Other sectors | $829.7K | 1.6% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $51.2M | 72 | 50 | 3 | 10 | 5 | 60.9% | 41 |
| Q1 2026 | $41.6M | 27 | 7 | 9 | 3 | 6 | 74.8% | 41 |
| Q4 2025 | $40.2M | 26 | 10 | 3 | 4 | 3 | 78.2% | 42 |
| Q3 2025 | $39.8M | 19 | 5 | 1 | 2 | 8 | 87.7% | 43 |
| Q2 2025 | $36.5M | 22 | 7 | 2 | 4 | 3 | 85.1% | 42 |
| Q1 2025 | $29.4M | 18 | 10 | 0 | 1 | 0 | 88.9% | 42 |
| Q4 2024 | $20.6M | 8 | 1 | 0 | 1 | 2 | 100.0% | 42 |
| Q3 2024 | $17.4M | 9 | 0 | 0 | 0 | 1 | 100.0% | 43 |
| Q2 2024 | $16.7M | 10 | 0 | 0 | 1 | 2 | 100.0% | 44 |
| Q1 2024 | $18.1M | 12 | 1 | 0 | 2 | 0 | 99.2% | 43 |
| Q4 2023 | $16.7M | 11 | 0 | 1 | 2 | 1 | 99.5% | 43 |
| Q3 2023 | $17.3M | 12 | 0 | 0 | 1 | 1 | 99.0% | 44 |
| Q2 2023 | $29.4M | 13 | 0 | 1 | 1 | 0 | 98.6% | 42 |
| Q1 2023 | $38.8M | 13 | 0 | 0 | 3 | 1 | 98.6% | 41 |
| Q4 2022 | $45.8M | 14 | 0 | 3 | 1 | 10 | 98.3% | 41 |
| Q3 2022 | $52.3M | 24 | 0 | 1 | 2 | 3 | 87.7% | 41 |
| Q2 2022 | $68.8M | 27 | 2 | 1 | 4 | 2 | 83.3% | 42 |
| Q1 2022 | $104.0M | 27 | 1 | 1 | 5 | 2 | 84.8% | 42 |
| Q4 2021 | $139.3M | 28 | 1 | 1 | 11 | 6 | 85.5% | 42 |
| Q3 2021 | $172.6M | 33 | 3 | 3 | 9 | 12 | 81.3% | 41 |
| Q2 2021 | $182.4M | 42 | 3 | 7 | 3 | 3 | 74.6% | 43 |
| Q1 2021 | $149.1M | 42 | 9 | 10 | 9 | 20 | 75.7% | 43 |
| Q4 2020 | $121.1M | 53 | 18 | 3 | 12 | 16 | 75.2% | 42 |
| Q3 2020 | $71.9M | 51 | 12 | 0 | 8 | 47 | 80.1% | 43 |
| Q2 2020 | $27.3M | 86 | 5 | 0 | 47 | 287 | 61.9% | 43 |
| Q1 2020 | $188.2M | 368 | 65 | 38 | 217 | 238 | 15.1% | 42 |
| Q4 2019 | $853.4M | 541 | 231 | 42 | 165 | 82 | 14.3% | 42 |
| Q3 2019 | $782.0M | 392 | 49 | 41 | 183 | 205 | 19.0% | 43 |
| Q2 2019 | $1.4B | 548 | 194 | 75 | 248 | 280 | 14.1% | 43 |
| Q1 2019 | $2.2B | 634 | 146 | 237 | 163 | 159 | 14.5% | 37 |
| Q4 2018 | $1.5B | 647 | 0 | 0 | 0 | 0 | 13.2% | 43 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.