Black Maple Capital Management LP
Reported holdings as of Q2 2026, from 19 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T OPT | SPY | $43.8M | 42,006 | -7.78pp | 19q | +1.3%+$544.8K | |
| EXPAND ENERGY CORPORATION | EXE | $11.6M | 127,578 | +2.42pp | 2q | +86.5%+$5.4M | |
| BROADCOM INC OPT | AVGO | $8.9M | 17,172 | +4.68pp | 2q | +648.2%+$7.7M | |
| PINNACLE FINL PARTNERS INC | PNFP | $7.7M | 75,834 | +0.24pp | 2q | -11.4%-$980.0K | |
| HUNTINGTON BANCSHARES INC | HBAN | $7.0M | 395,356 | +0.51pp | 4q | -0.6%-$40.8K | |
| ALASKA AIR GROUP INC | ALK | $6.9M | 133,000 | +0.41pp | 3q | -22.9%-$2.1M | |
| TRUIST FINL CORP | TFC | $6.6M | 133,000 | - | new | NEW | |
| ISHARES INC OPT | EWY | $6.4M | 16,500 | +1.35pp | 2q | -8.3%-$578.2K | |
| INVESCO EXCHANGE TRADED FD T | RSP | $6.1M | 28,900 | -0.15pp | 10q | -15.1%-$1.1M | |
| MICROSOFT CORP OPT | MSFT | $6.0M | 9,656 | +0.62pp | 2q | +35.9%+$1.6M | |
| UBER TECHNOLOGIES INC | UBER | $5.2M | 71,642 | +0.65pp | 5q | +37.5%+$1.4M | |
| SELECT SECTOR SPDR TR OPT | XLF | $3.8M | 35,000 | +0.21pp | 2q | HELD | |
| CAPITAL ONE FINL CORP | COF | $3.6M | 18,100 | +0.75pp | 2q | +40.3%+$1.0M | |
| ORACLE CORP OPT | ORCL | $3.0M | 10,350 | +0.03pp | 2q | HELD | |
| WESTERN ALLIANCE BANCORP | WAL | $3.0M | 36,079 | -1.66pp | 10q | -57.4%-$4.0M | |
| FIRSTSUN CAP BANCORP | FSUN | $2.7M | 69,544 | +1.36pp | 3q | +733.9%+$2.4M | |
| WELLS FARGO & CO | WFC | $2.6M | 32,000 | +1.12pp | 2q | +276.5%+$1.9M | |
| VANECK ETF TRUST OPT | SMH | $2.6M | 2,000 | +0.64pp | 2q | HELD | |
| KRANESHARES TRUST | KCCA | $2.4M | 140,517 | +0.20pp | 5q | HELD | |
| SPDR INDEX SHS FDS | FEZ | $2.2M | 31,800 | +0.14pp | 11q | HELD | |
| ISHARES TR | EWU | $1.9M | 42,230 | -0.31pp | 14q | -24.5%-$631.2K | |
| ISHARES INC | EWJ | $1.9M | 20,659 | +0.12pp | 16q | HELD | |
| DOUBLEDOWN INTERACTIVE CO LT | DDI | $1.8M | 155,556 | +0.25pp | 5q | -3.8%-$71.3K | |
| STATE STR SPDR S&P MIDCAP 40 OPT | MDY | $1.8M | 1,500 | +0.14pp | 7q | HELD | |
| ALPHABET INC | GOOGL | $1.4M | 3,800 | +0.21pp | 6q | +8.6%+$107.2K | |
| SPDR SERIES TRUST OPT | XME | $1.3M | 6,000 | +0.01pp | 18q | HELD | |
| CHICAGO ATLANTIC BDC INC | LIEN | $1.3M | 130,920 | +0.04pp | 5q | HELD | |
| AMAZON COM INC | AMZN | $1.2M | 5,163 | +0.33pp | 3q | +60.3%+$463.1K | |
| SELECT SECTOR SPDR TR | XLC | $1.2M | 10,970 | -0.01pp | 15q | HELD | |
| VANECK ETF TRUST OPT | GDX | $1.1M | 8,500 | -0.07pp | 2q | +13.3%+$133.1K | |
| ISHARES TR | FXI | $1.1M | 34,000 | +0.17pp | 2q | +54.5%+$379.1K | |
| ISHARES TR | INDA | $1.0M | 20,300 | +0.04pp | 11q | HELD | |
| SABLE OFFSHORE CORP | SOC | $912.0K | 296,112 | - | new | NEW | |
| SELECT SECTOR SPDR TR | XLK | $861.1K | 4,520 | +0.15pp | 15q | HELD | |
| BANC OF CALIFORNIA INC | BANC | $747.4K | 36,584 | -2.11pp | 13q | -85.3%-$4.4M | |
| ALPHABET INC | GOOG | $706.7K | 2,000 | - | new | NEW | |
| COMSTOCK INC | LODE | $679.5K | 163,338 | -0.17pp | 2q | -49.8%-$673.1K | |
| ISHARES TR | IBTI | $603.3K | 27,250 | +0.05pp | 5q | +17.2%+$88.6K | |
| SPDR SERIES TRUST | KRE | $598.8K | 8,000 | +0.05pp | 14q | HELD | |
| DUOS TECHNOLOGIES GROUP INC | DUOT | $470.0K | 39,168 | +0.02pp | 2q | -38.5%-$294.5K | |
| NEXGEN ENERGY LTD | NXE | $469.5K | 50,000 | -0.06pp | 14q | HELD | |
| ELME COMMUNITIES | ELME | $465.7K | 314,632 | -0.04pp | 2q | +16.8%+$67.1K | |
| FINWARD BANCORP | FNWD | $448.6K | 12,197 | -0.04pp | 10q | -16.9%-$91.3K | |
| ISHARES TR | IBTH | $447.4K | 20,000 | flat | 5q | HELD | |
| RAYONIER INC | RYN | $425.6K | 20,000 | +0.01pp | 2q | HELD | |
| US BANCORP | USB | $422.8K | 7,000 | +0.01pp | 6q | -12.5%-$60.4K | |
| COMMUNITY HEALTHCARE TR INC | CHCT | $406.9K | 22,258 | +0.03pp | 3q | HELD | |
| ISHARES TR | IBTJ | $378.9K | 17,500 | flat | 4q | HELD | |
| STAR HLDGS | STHO | $374.1K | 40,970 | +0.04pp | 4q | HELD | |
| SPDR GOLD TR | GLD | $368.4K | 1,000 | -0.03pp | 4q | HELD | |
| ISHARES INC | EWP | $356.3K | 6,000 | +0.02pp | 10q | HELD | |
| GOLDMAN SACHS BDC INC | GSBD | $355.5K | 37,500 | +0.08pp | 3q | +50.0%+$118.5K | |
| NXP SEMICONDUCTORS N V | NXPI | $337.2K | 1,200 | - | new | NEW | |
| ADVISORSHARES TR | MSOS | $330.2K | 65,000 | +0.06pp | 8q | HELD | |
| TESLA INC | TSLA | $330.2K | 785 | +0.02pp | 3q | HELD | |
| INFINITY NAT RES INC | INR | $307.3K | 24,194 | -0.13pp | 3q | -21.2%-$82.7K | |
| ADVANCED FLOWER CAP INC | AFCG | $285.6K | 92,131 | -0.01pp | 2q | -16.9%-$58.2K | |
| CITIGROUP INC | C | $279.9K | 2,000 | - | new | NEW | |
| OLD SECOND BANCORP INC DEL | OSBC | $279.8K | 12,000 | -0.28pp | 14q | -69.4%-$634.9K | |
| TELESAT CORP | TSAT | $279.2K | 5,516 | - | new | NEW | |
| PRINCETON BANCORP INC | BPRN | $270.2K | 7,119 | +0.02pp | 2q | HELD | |
| KRANESHARES TRUST | KWEB | $269.2K | 11,000 | -0.02pp | 3q | HELD | |
| SERVICE PPTYS TR | SVC | $263.2K | 155,755 | - | new | NEW | |
| ISHARES TR | IGSB | $262.1K | 5,000 | flat | 15q | HELD | |
| BLUE OWL TECHNOLOGY FIN CORP | OTF | $258.8K | 25,000 | - | new | NEW | |
| ISHARES ETHEREUM TR OPT | ETHA | $220.0K | 13,000 | -0.04pp | 2q | HELD | |
| CARLYLE SECURED LENDING INC | CGBD | $210.6K | 20,000 | - | new | NEW | |
| OAKTREE SPECIALTY LENDING | OCSL | $208.9K | 17,500 | +0.06pp | 2q | +75.0%+$89.5K | |
| INVESTCORP CR MGMT BDC INC | ICMB | $202.0K | 172,630 | - | new | NEW | |
| EASTERN BANKSHARES INC | EBC | $200.2K | 9,000 | - | new | NEW | |
| PENNANTPARK FLOATING RATE CA | PFLT | $187.0K | 25,000 | - | new | NEW | |
| ISHARES TR | EIDO | $169.7K | 15,000 | - | new | NEW | |
| LITHIUM ARGENTINA AG | LAR | $167.0K | 20,191 | +0.02pp | 6q | HELD | |
| POET TECHNOLOGIES INC | POET | $164.5K | 16,000 | -0.06pp | 2q | -64.8%-$303.3K | |
| APOLLO COML REAL ESTATE FIN | ARI | $160.2K | 15,000 | - | new | NEW | |
| MORGAN STANLEY DIRECT LENDIN | MSDL | $151.2K | 10,000 | +0.01pp | 2q | HELD | |
| SIGMA LITHIUM CORPORATION | SGML | $149.1K | 11,786 | -0.01pp | 12q | -17.5%-$31.6K | |
| KYNDRYL HLDGS INC | KD | $135.7K | 12,000 | -0.01pp | 2q | HELD | |
| SLR INVESTMENT CORP | SLRC | $123.7K | 10,000 | - | new | NEW | |
| EOS ENERGY ENTERPRISES INC OPT | EOSE | $105.8K | 3,000 | - | new | NEW | |
| BURFORD CAPITAL LIMITED | BUR | $82.0K | 20,000 | -0.05pp | 13q | -48.3%-$76.5K | |
| SITE CTRS CORP | SITC | $59.5K | 15,000 | -0.01pp | 4q | HELD |
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 |
|---|---|---|
| Funds & ETFs | $48.9M | 27.7% |
| Banks & Lending | $36.0M | 20.4% |
| Software & IT Services | $13.5M | 7.6% |
| Energy | $12.9M | 7.3% |
| Semiconductors & Electronics | $9.5M | 5.4% |
| Transport & Logistics | $6.9M | 3.9% |
| Business Services | $5.2M | 2.9% |
| Other sectors | $6.0M | 3.4% |
| Not classified | $37.3M | 21.2% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $176.1M | 82 | 16 | 16 | 19 | 17 | 63.1% | 45 |
| Q1 2026 | $179.5M | 83 | 28 | 13 | 27 | 26 | 62.9% | 45 |
| Q4 2025 | $142.9M | 81 | 18 | 22 | 19 | 17 | 57.8% | 48 |
| Q3 2025 | $206.4M | 80 | 18 | 17 | 29 | 25 | 67.3% | 45 |
| Q2 2025 | $222.7M | 87 | 21 | 21 | 23 | 17 | 69.6% | 45 |
| Q1 2025 | $179.0M | 83 | 24 | 17 | 19 | 23 | 63.1% | 45 |
| Q4 2024 | $190.2M | 82 | 23 | 21 | 18 | 26 | 65.8% | 45 |
| Q3 2024 | $150.9M | 85 | 26 | 20 | 23 | 28 | 57.6% | 45 |
| Q2 2024 | $153.0M | 87 | 21 | 27 | 14 | 34 | 59.2% | 45 |
| Q1 2024 | $163.3M | 100 | 30 | 29 | 17 | 16 | 52.7% | 45 |
| Q4 2023 | $120.5M | 86 | 15 | 24 | 21 | 28 | 59.5% | 45 |
| Q3 2023 | $147.4M | 99 | 24 | 31 | 21 | 19 | 66.8% | 45 |
| Q2 2023 | $168.2M | 94 | 40 | 20 | 15 | 15 | 76.9% | 45 |
| Q1 2023 | $106.8M | 69 | 39 | 8 | 6 | 23 | 71.3% | 45 |
| Q4 2022 | $68.0M | 53 | 33 | 4 | 12 | 54 | 72.6% | 45 |
| Q3 2021 | $140.4M | 74 | 13 | 11 | 13 | 23 | 73.2% | 46 |
| Q2 2021 | $184.9M | 84 | 40 | 8 | 9 | 26 | 76.9% | 47 |
| Q1 2021 | $136.8M | 70 | 45 | 3 | 15 | 23 | 80.0% | 47 |
| Q4 2020 | $117.1M | 48 | 0 | 0 | 0 | 0 | 77.9% | 47 |
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.