# Spinnaker Capital LLC

> Institutional holdings reported to the SEC as of Q1 2025 on Form 13F. CIK 1719281. Source: https://holderbook.com/funds/1719281-spinnaker-capital-llc/

- Reported value: $1.1M
- Positions: 1
- Weight of the ten largest: 100.0%
- Filed: 2025-05-15

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| CORMEDIX INC | [CRMD](https://holderbook.com/stocks/CRMD/) | $1.1M | 175,384 | 100.0% | 25 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2025 | $1.1M | 1 |
| Q4 2024 | $1.4M | 1 |
| Q3 2024 | $1.4M | 1 |
| Q2 2024 | $759.0K | 1 |
| Q1 2024 | $744.0K | 1 |
| Q4 2023 | $659.0K | 1 |
| Q3 2023 | $649.0K | 1 |
| Q2 2023 | $695.0K | 1 |
| Q1 2023 | $726.0K | 1 |
| Q4 2022 | $740.0K | 1 |
| Q3 2022 | $496.0K | 1 |
| Q2 2022 | $705.0K | 1 |