# Crawford Fund Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1816427. Source: https://holderbook.com/funds/1816427-crawford-fund-management-llc/

- Reported value: $652.9M
- Positions: 199
- Weight of the ten largest: 27.2%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| TOAST INC | [TOST](https://holderbook.com/stocks/TOST/) | $21.6M | 775,836 | 3.3% | 7 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $21.4M | 296,264 | 3.3% | 11 |
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $21.3M | 48,771 | 3.3% | 1 |
| CROCS INC | [CROX](https://holderbook.com/stocks/CROX/) | $19.3M | 160,014 | 3.0% | 11 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $18.8M | 78,695 | 2.9% | 9 |
| MORNINGSTAR INC | [MORN](https://holderbook.com/stocks/MORN/) | $17.1M | 109,500 | 2.6% | 3 |
| CUSTOMERS BANCORP INC | [CUBI](https://holderbook.com/stocks/CUBI/) | $16.1M | 203,750 | 2.5% | 3 |
| BANK OF N T BUTTERFIELD & SO | [NTB](https://holderbook.com/stocks/NTB/) | $14.1M | 237,604 | 2.2% | 3 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $14.0M | 0 | 2.2% | 11 |
| KINSALE CAP GROUP INC | [KNSL](https://holderbook.com/stocks/KNSL/) | $13.9M | 42,090 | 2.1% | 3 |
| SPROUTS FMRS MKT INC | [SFM](https://holderbook.com/stocks/SFM/) | $13.9M | 122,800 | 2.1% | 3 |
| XPEL INC | [XPEL](https://holderbook.com/stocks/XPEL/) | $13.4M | 270,751 | 2.1% | 11 |
| SEABRIDGE GOLD INC | - | $13.3M | 515,243 | 2.0% | 1 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $13.2M | 0 | 2.0% | 8 |
| KASPI KZ JSC | [KSPI](https://holderbook.com/stocks/KSPI/) | $12.0M | 138,429 | 1.8% | 7 |
| IONQ INC | [IONQ](https://holderbook.com/stocks/IONQ/) | $11.8M | 0 | 1.8% | 11 |
| CHEMED CORP NEW | [CHE](https://holderbook.com/stocks/CHE/) | $10.2M | 21,975 | 1.6% | 3 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $10.1M | 360,000 | 1.6% | 1 |
| BOOZ ALLEN HAMILTON HLDG COR | [BAH](https://holderbook.com/stocks/BAH/) | $10.0M | 165,591 | 1.5% | 6 |
| WISDOMTREE INC | [WT](https://holderbook.com/stocks/WT/) | $9.8M | 575,654 | 1.5% | 10 |
| NEXSTAR MEDIA GROUP INC | [NXST](https://holderbook.com/stocks/NXST/) | $9.7M | 54,543 | 1.5% | 11 |
| HOULIHAN LOKEY INC | [HLI](https://holderbook.com/stocks/HLI/) | $9.2M | 68,431 | 1.4% | 2 |
| AST SPACEMOBILE INC | [ASTS](https://holderbook.com/stocks/ASTS/) | $7.8M | 0 | 1.2% | 6 |
| TEMPUS AI INC | [TEM](https://holderbook.com/stocks/TEM/) | $7.6M | 0 | 1.2% | 5 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $7.5M | 61,200 | 1.2% | 1 |
| UNITED THERAPEUTICS CORP DEL | [UTHR](https://holderbook.com/stocks/UTHR/) | $7.2M | 13,368 | 1.1% | 11 |
| FUELCELL ENERGY INC | [FCEL](https://holderbook.com/stocks/FCEL/) | $6.9M | 0 | 1.1% | 5 |
| RH | [RH](https://holderbook.com/stocks/RH/) | $6.9M | 0 | 1.0% | 2 |
| MODERNA INC | [MRNA](https://holderbook.com/stocks/MRNA/) | $6.8M | 0 | 1.0% | 11 |
| COREWEAVE INC | [CRWV](https://holderbook.com/stocks/CRWV/) | $6.7M | 0 | 1.0% | 5 |
| RIVIAN AUTOMOTIVE INC | [RIVN](https://holderbook.com/stocks/RIVN/) | $6.6M | 0 | 1.0% | 11 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $6.5M | 0 | 1.0% | 1 |
| HARROW INC | [HROW](https://holderbook.com/stocks/HROW/) | $6.0M | 142,120 | 0.9% | 3 |
| NELNET INC | [NNI](https://holderbook.com/stocks/NNI/) | $5.9M | 44,455 | 0.9% | 11 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $5.8M | 40,432 | 0.9% | 8 |
| HINGHAM INSTN SVGS MASS | [HIFS](https://holderbook.com/stocks/HIFS/) | $5.7M | 18,662 | 0.9% | 11 |
| GREEN BRICK PARTNERS INC | [GRBK](https://holderbook.com/stocks/GRBK/) | $5.3M | 66,200 | 0.8% | 3 |
| ALASKA AIR GROUP INC | [ALK](https://holderbook.com/stocks/ALK/) | $5.2M | 0 | 0.8% | 11 |
| ALEXANDRIA REAL ESTATE EQ IN | [ARE](https://holderbook.com/stocks/ARE/) | $4.7M | 0 | 0.7% | 1 |
| ROYAL GOLD INC | [RGLD](https://holderbook.com/stocks/RGLD/) | $4.6M | 23,140 | 0.7% | 2 |
| ARQIT QUANTUM INC | [ARQQ](https://holderbook.com/stocks/ARQQ/) | $4.4M | 0 | 0.7% | 4 |
| APPLIED DIGITAL CORP | [APLD](https://holderbook.com/stocks/APLD/) | $4.3M | 0 | 0.7% | 7 |
| KOHLS CORP | [KSS](https://holderbook.com/stocks/KSS/) | $4.2M | 0 | 0.6% | 5 |
| RIGETTI COMPUTING INC | [RGTI](https://holderbook.com/stocks/RGTI/) | $4.1M | 0 | 0.6% | 7 |
| CRACKER BARREL OLD CTRY STOR | [CBRL](https://holderbook.com/stocks/CBRL/) | $4.1M | 0 | 0.6% | 4 |
| UNITY SOFTWARE INC | [U](https://holderbook.com/stocks/U/) | $4.0M | 0 | 0.6% | 9 |
| STELLANTIS N.V | [STLA](https://holderbook.com/stocks/STLA/) | $4.0M | 0 | 0.6% | 8 |
| C3 AI INC | [AI](https://holderbook.com/stocks/AI/) | $3.7M | 0 | 0.6% | 11 |
| COURSERA INC | [COUR](https://holderbook.com/stocks/COUR/) | $3.5M | 470,000 | 0.5% | 10 |
| VIASAT INC | [VSAT](https://holderbook.com/stocks/VSAT/) | $3.3M | 0 | 0.5% | 8 |
| BLUE OWL CAPITAL INC | [OWL](https://holderbook.com/stocks/OWL/) | $3.3M | 0 | 0.5% | 5 |
| AMERICAN AIRLINES GROUP INC | [AAL](https://holderbook.com/stocks/AAL/) | $3.1M | 0 | 0.5% | 11 |
| CIPHER DIGITAL INC | [CIFR](https://holderbook.com/stocks/CIFR/) | $3.1M | 0 | 0.5% | 2 |
| CLEANSPARK INC | [CLSK](https://holderbook.com/stocks/CLSK/) | $3.0M | 0 | 0.5% | 2 |
| NUSCALE PWR CORP | [SMR](https://holderbook.com/stocks/SMR/) | $3.0M | 0 | 0.5% | 8 |
| BLACKSKY TECHNOLOGY INC | [BKSY](https://holderbook.com/stocks/BKSY/) | $3.0M | 0 | 0.5% | 5 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $3.0M | 0 | 0.5% | 11 |
| MARKETAXESS HLDGS INC | [MKTX](https://holderbook.com/stocks/MKTX/) | $2.9M | 0 | 0.4% | 6 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $2.9M | 0 | 0.4% | 2 |
| FIRST WATCH RESTAURANT GROUP | [FWRG](https://holderbook.com/stocks/FWRG/) | $2.8M | 0 | 0.4% | 2 |
| CARNIVAL CORP LTD | [CCL](https://holderbook.com/stocks/CCL/) | $2.8M | 0 | 0.4% | 1 |
| ARCHER AVIATION INC | [ACHR](https://holderbook.com/stocks/ACHR/) | $2.8M | 0 | 0.4% | 3 |
| TELADOC HEALTH INC | [TDOC](https://holderbook.com/stocks/TDOC/) | $2.7M | 0 | 0.4% | 11 |
| D-WAVE QUANTUM INC | [QBTS](https://holderbook.com/stocks/QBTS/) | $2.6M | 0 | 0.4% | 2 |
| DEFINIUM THERAPEUTICS INC | [DFTX](https://holderbook.com/stocks/DFTX/) | $2.6M | 0 | 0.4% | 2 |
| CINEMARK HLDGS INC | [CNK](https://holderbook.com/stocks/CNK/) | $2.6M | 0 | 0.4% | 11 |
| NANO NUCLEAR ENERGY INC | [NNE](https://holderbook.com/stocks/NNE/) | $2.5M | 0 | 0.4% | 4 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $2.5M | 0 | 0.4% | 7 |
| QUANTUM COMPUTING INC | [QUBT](https://holderbook.com/stocks/QUBT/) | $2.5M | 0 | 0.4% | 7 |
| TEVA PHARMACEUTICAL INDS LTD | [TEVA](https://holderbook.com/stocks/TEVA/) | $2.5M | 0 | 0.4% | 11 |
| NORWEGIAN CRUISE LINE HLDGS | [NCLH](https://holderbook.com/stocks/NCLH/) | $2.5M | 0 | 0.4% | 11 |
| DIGITALOCEAN HLDGS INC | [DOCN](https://holderbook.com/stocks/DOCN/) | $2.4M | 0 | 0.4% | 11 |
| POLARIS INC | [PII](https://holderbook.com/stocks/PII/) | $2.4M | 0 | 0.4% | 5 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $2.3M | 0 | 0.4% | 9 |
| CAESARS ENTERTAINMENT INC NE | [CZR](https://holderbook.com/stocks/CZR/) | $2.3M | 0 | 0.4% | 3 |
| FRONTIER GROUP HLDGS INC | [ULCC](https://holderbook.com/stocks/ULCC/) | $2.1M | 0 | 0.3% | 8 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $2.1M | 0 | 0.3% | 1 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $2.1M | 0 | 0.3% | 5 |
| OPTION CARE HEALTH INC | [OPCH](https://holderbook.com/stocks/OPCH/) | $2.1M | 0 | 0.3% | 4 |
| JETBLUE AIRWAYS CORP | [JBLU](https://holderbook.com/stocks/JBLU/) | $2.1M | 0 | 0.3% | 6 |
| JEFFERIES FINANCIAL GROUP IN | [JEF](https://holderbook.com/stocks/JEF/) | $2.0M | 0 | 0.3% | 3 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $2.0M | 0 | 0.3% | 1 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $2.0M | 0 | 0.3% | 11 |
| AMRIZE LTD | [AMRZ](https://holderbook.com/stocks/AMRZ/) | $1.9M | 0 | 0.3% | 3 |
| ASP ISOTOPES INC | [ASPI](https://holderbook.com/stocks/ASPI/) | $1.9M | 0 | 0.3% | 4 |
| REDWIRE CORPORATION | [RDW](https://holderbook.com/stocks/RDW/) | $1.9M | 0 | 0.3% | 2 |
| MARA HOLDINGS INC | [MARA](https://holderbook.com/stocks/MARA/) | $1.8M | 0 | 0.3% | 11 |
| FS KKR CAP CORP | [FSK](https://holderbook.com/stocks/FSK/) | $1.8M | 0 | 0.3% | 1 |
| JACK IN THE BOX INC | [JACK](https://holderbook.com/stocks/JACK/) | $1.8M | 0 | 0.3% | 6 |
| XPLR INFRASTRUCTURE LP | [XIFR](https://holderbook.com/stocks/XIFR/) | $1.8M | 0 | 0.3% | 11 |
| CAL MAINE FOODS INC | [CALM](https://holderbook.com/stocks/CALM/) | $1.7M | 0 | 0.3% | 1 |
| WENDYS CO | [WEN](https://holderbook.com/stocks/WEN/) | $1.7M | 0 | 0.3% | 4 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $1.7M | 0 | 0.3% | 1 |
| BOSTON BEER INC | [SAM](https://holderbook.com/stocks/SAM/) | $1.6M | 0 | 0.2% | 11 |
| BXP INC | [BXP](https://holderbook.com/stocks/BXP/) | $1.6M | 0 | 0.2% | 11 |
| SOFI TECHNOLOGIES INC | [SOFI](https://holderbook.com/stocks/SOFI/) | $1.6M | 0 | 0.2% | 11 |
| SIX FLAGS ENTERTAINMENT CORP | [FUN](https://holderbook.com/stocks/FUN/) | $1.5M | 0 | 0.2% | 3 |
| ALLY FINL INC | [ALLY](https://holderbook.com/stocks/ALLY/) | $1.5M | 0 | 0.2% | 11 |
| PELOTON INTERACTIVE INC | [PTON](https://holderbook.com/stocks/PTON/) | $1.5M | 0 | 0.2% | 4 |
| VNET GROUP INC | [VNET](https://holderbook.com/stocks/VNET/) | $1.5M | 0 | 0.2% | 7 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +8.5% | +14.8% | -6.4% | 99% |
| Q1 2026 | +1.2% | -4.6% | +5.8% | 99% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 100% |
| Q3 2025 | +6.5% | +7.8% | -1.4% | 99% |
| Q2 2025 | +8.0% | +10.5% | -2.5% | 98% |
| Q1 2025 | -0.7% | -4.6% | +3.8% | 97% |
| Q4 2024 | -2.0% | +2.1% | -4.1% | 104% |
| Q3 2024 | +8.1% | +5.4% | +2.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $652.9M | 199 |
| Q1 2026 | $519.7M | 181 |
| Q4 2025 | $759.0M | 191 |
| Q3 2025 | $624.7M | 192 |
| Q2 2025 | $536.4M | 190 |
| Q1 2025 | $419.0M | 181 |
| Q4 2024 | $577.0M | 210 |
| Q3 2024 | $466.3M | 193 |
| Q2 2024 | $396.2M | 182 |
| Q1 2024 | $417.4M | 189 |
| Q4 2023 | $503.0M | 236 |