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Context Capital Management, LLC

7724 GIRARD AVENUE - 3RD FLOOR SUITE 300, LAJOLLA, CA 92037 • 8584813666

Q2 2025 · Filed 2025-08-06
Market Value
$84M
+228.6%
Holdings
66
+5
New Purchases
29
Added To
0
Closed
7
Reduced
5
Top 10 Concentration
53.7%
Turnover
54.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SZZLU 7.18% 0.00% +7.18% $6M
RDAGU 6.11% 0.00% +6.11% $5M
WENNU 6.08% 0.00% +6.08% $5M
XRPN 4.78% 0.00% +4.78% $4M
KCHVU 4.24% 0.00% +4.24% $4M
CAEP 3.77% 0.00% +3.77% $3M
TACO 3.72% 0.00% +3.72% $3M
RAAQU 3.62% 0.00% +3.62% $3M
OBAWU 3.57% 0.00% +3.57% $3M
CEPT 3.28% 0.00% +3.28% $3M
AXINU 3.00% 0.00% +3.00% $3M
DAAQU 2.49% 0.00% +2.49% $2M
EGHAU 2.43% 0.00% +2.43% $2M
TVA 2.40% 0.00% +2.40% $2M
COPL 2.40% 0.00% +2.40% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IBIT 10.49% 38.63% -28.14% $9M
SBXD-UN 3.43% 18.42% -15.00% $3M
CEPO 1.63% 12.02% -10.39% $1M
FERAU 3.71% 11.81% -8.10% $3M
DMAAU 3.07% 9.94% -6.87% $3M
NHICU 1.27% 3.93% -2.67% $1M
YCY 0.93% 3.06% -2.13% $782K
IMSRW 0.21% 0.47% -0.26% $176K
GBBKR 0.00% 0.14% -0.14% $0
BNIXW 0.00% 0.13% -0.13% $0
SBCWW 0.06% 0.19% -0.13% $50K
BNIXR 0.00% 0.12% -0.12% $0
FLDDW 0.05% 0.16% -0.12% $40K
CLRCR 0.03% 0.14% -0.11% $26K
HNRA-WT 0.02% 0.07% -0.05% $15K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 90.6%
Utilities 6.9%
Energy 2.4%
Technology 0.0%
Healthcare 0.0%

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 1 $9M 10.5%
Small Cap 18 $48M 57.2%
Micro Cap 47 $27M 32.3%

Portfolio Analytics

Avg Market Cap
$1.1B
Median Market Cap
$119M
Avg P/E
39.7
Median P/E
35.3
Avg Dividend Yield
—%
Avg Beta
0.47
# Stocks
65
# ETFs / Funds
1

Top Holdings (66 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IBIT 10.49% 144,000 $9M $61.21 -$1M -67,000 -31.8%
2 SZZLU 7.18% 600,000 $6M $10.05 +600,000 NEW
3 RDAGU 6.11% 500,000 $5M $10.26 +500,000 NEW
4 WENNU 6.08% 483,500 $5M $10.57 +483,500 NEW
5 XRPN 4.78% 400,000 $4M $10.05 +400,000 NEW
6 KCHVU 4.24% 350,000 $4M $10.18 +350,000 NEW
7 CAEP 3.77% 300,000 $3M $10.55 +300,000 NEW
8 TACO 3.72% 300,000 $3M $10.42 +300,000 NEW
9 FERAU 3.71% 300,000 $3M $10.40 $99K
10 RAAQU 3.62% 300,000 $3M $10.15 +300,000 NEW
11 OBAWU 3.57% 300,000 $3M $10.01 +300,000 NEW
12 SBXD-UN 3.43% 262,951 $3M $10.96 -$2M -200,000 -43.2%
13 CEPT 3.28% 250,000 $3M $11.03 +250,000 NEW
14 DMAAU 3.07% 250,000 $3M $10.32 $38K
15 AXINU 3.00% 250,000 $3M $10.09 +250,000 NEW
16 DAAQU 2.49% 200,000 $2M $10.48 +200,000 NEW
17 EGHAU 2.43% 200,000 $2M $10.19 +200,000 NEW
18 TVA 2.40% 200,000 $2M $10.09 +200,000 NEW
19 COPL 2.40% 200,000 $2M $10.07 +200,000 NEW
20 CHAC 2.04% 170,548 $2M $10.07 +170,548 NEW
21 AACB 1.95% 162,191 $2M $10.12 +162,191 NEW
22 PACH 1.79% 150,000 $2M $10.01 +150,000 NEW
23 CEPO 1.63% 115,123 $1M $11.90 -$2M -184,877 -61.6%
24 PCAPU 1.28% 100,000 $1M $10.72 +100,000 NEW
25 NHICU 1.27% 100,000 $1M $10.65 $59K
26 GTEN 1.22% 100,000 $1M $10.25 +100,000 NEW
27 IPCXU 1.21% 100,000 $1M $10.19 +100,000 NEW
28 WTGUU 1.20% 100,000 $1M $10.09 +100,000 NEW
29 TACH 1.20% 100,000 $1M $10.08 +100,000 NEW
30 IPODU 1.20% 100,000 $1M $10.05 +100,000 NEW
31 BACCU 1.19% 100,000 $1M $10.04 +100,000 NEW
32 CGCT 1.19% 100,000 $1M $10.02 +100,000 NEW
33 YCY 0.93% 75,000 $782K $10.42 -$750
34 BTMWW 0.22% 454,454 $181K $0.40 $114K -502,339 -52.5%
35 IMSRW 0.21% 74,868 $176K $2.35 $55K -100,132 -57.2%
36 TACOW 0.14% 150,000 $119K $0.80 +150,000 NEW
37 SBCWW 0.06% 258,389 $50K $0.19 $2K
38 CHACU 0.05% 170,548 $46K $0.27 +170,548 NEW
39 FLDDW 0.05% 56,950 $40K $0.71 -$2K
40 TVACW 0.03% 100,000 $27K $0.27 +100,000 NEW
41 CLRCR 0.03% 168,490 $26K $0.16 -$11K
42 XBPEW 0.02% 357,933 $20K $0.05 $3K
43 HNRA-WT 0.02% 296,581 $15K $0.05 -$3K
44 ECDAW 0.02% 540,000 $13K $0.02 $3K
45 IBACR 0.01% 200,000 $10K $0.05 -$5K
46 AIMAW 0.01% 200,000 $10K $0.05 -$6K
47 PWUPW 0.01% 175,000 $8K $0.04 -$4K
48 CELUW 0.01% 150,000 $8K $0.05 $2K
49 TVGNW 0.01% 97,250 $7K $0.07 $2K
50 IVCAW 0.01% 212,035 $6K $0.03 $2K
51 ZCARW —% 274,598 $4K $0.01 $55
52 CEROW —% 122,013 $3K $0.02 $1K
53 BNZIW —% 80,979 $2K $0.02 $113
54 BENFW —% 210,024 $1K $0.01 -$84
55 CDTTW —% 128,500 $1K $0.01 $219
56 CDIOW —% 81,500 $1K $0.02 -$2K
57 DFLIW —% 50,700 $705 $0.01 -$562
58 KVACW —% 3,092 $167 $0.05 $67
59 CLRCW —% 100,000 $10 -$2K
60 PPYAW —% -$6K -250,000 -100.0% SOLD
61 GBBKR —% -$37K -400,000 -100.0% SOLD
62 HYMCW —% -$56 -22,500 -100.0% SOLD
63 GBBKW —% -$11K -400,000 -100.0% SOLD
64 FTIIW —% -$3K -150,000 -100.0% SOLD
65 BNIXW —% -$34K -320,484 -100.0% SOLD
66 BNIXR —% -$31K -110,385 -100.0% SOLD

New Positions

SymbolValue% Port
SZZLU $6M 7.18%
RDAGU $5M 6.11%
WENNU $5M 6.08%
XRPN $4M 4.78%
KCHVU $4M 4.24%
CAEP $3M 3.77%
TACO $3M 3.72%
RAAQU $3M 3.62%
OBAWU $3M 3.57%
CEPT $3M 3.28%
AXINU $3M 3.00%
DAAQU $2M 2.49%
EGHAU $2M 2.43%
TVA $2M 2.40%
COPL $2M 2.40%

Sold Out Positions

SymbolValue% Port
GBBKW —%
BNIXR —%
HYMCW —%
GBBKR —%
FTIIW —%
BNIXW —%
PPYAW —%
View SEC EDGAR Filings for Context Capital Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms