BOOTHBAY FUND MANAGEMENT, LLC

Diversified mechanical Mechanical CIK 1549230
League rank
#32
in Diversified mechanical · #1285 overall
Long book
$4.33B
Q1 2026
Positions
1775
Top-10 weight
9%
concentration
Last quarter
+15.8%
SPY +14.8%
Turnover
46%
of book per quarter

Strategy in plain words

auto-generated from filings

BOOTHBAY FUND MANAGEMENT, LLC is a mechanically diversified allocator, running a $4.33B US long book across 1775 positions.

The portfolio is broadly diversified across 1775 positions (top 10 only 9%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ABIVAX SA-ADR, CORNERSTONE STRATEGIC INVEST, AMAZON.COM INC, REVOLUTION MEDICINES INC, EQUINIX INC.

Over the last 9 quarters its long book ran on average 1.1pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-2.5%
Q2 2024
+6.4%
Q3 2024
+4.0%
Q4 2024
-7.5%
Q1 2025
+14.3%
Q2 2025
+12.3%
Q3 2025
+6.2%
Q4 2025
+1.3%
Q1 2026
+15.8%

Sector allocation

Technology
18%
Healthcare
16%
Industrials
15%
Financials
11%
Consumer discretionary
10%
Other
7%
Services media
6%
Utilities
5%

Long book by quarter

$3.44B
Q1 2024
$3.14B
Q2 2024
$3.21B
Q3 2024
$3.33B
Q4 2024
$2.88B
Q1 2025
$3.26B
Q2 2025
$3.92B
Q3 2025
$3.88B
Q4 2025
$4.33B
Q1 2026

What does BOOTHBAY FUND own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AMZN AMAZON.COM INCConsumer discretionary218.7K$45.5M1.1%+21.8%
RVMD REVOLUTION MEDICINES INCHealthcare438.6K$42.7M1.0%+34.1%
STXN SEAGATE TECHNOLOGY HOLDINGS93.3K$36.5M0.8%+23.6%
EXEL EXELIXIS INCHealthcare803.9K$34.5M0.8%0.0%
NVDA NVIDIA CORPTechnology177.2K$30.9M0.7%-34.0%
PCVX VAXCYTE INCHealthcare522.0K$30.3M0.7%+4.9%
GE GENERAL ELECTRICIndustrials103.8K$29.4M0.7%+1157.6%
MLYS MINERALYS THERAPEUTICS INCHealthcare1.0M$27.1M0.6%+1.0%
430 TERNS PHARMACEUTICALS INC486.2K$25.6M0.6%+8.8%
DOX AMDOCS LTDTechnology386.3K$25.2M0.6%-5.0%
SOC SABLE OFFSHORE CORPEnergy1.5M$24.2M0.6%New
LQDA LIQUIDIA CORPHealthcare625.0K$23.6M0.5%+1.9%
HZO MARINEMAX INCConsumer discretionary859.5K$23.3M0.5%+10.9%
T AT&T INCCommunications787.7K$22.8M0.5%+7.3%
LITE LUMENTUM HOLDINGS INCTechnology30.9K$21.7M0.5%-32.7%
FIVE FIVE BELOWConsumer discretionary92.5K$21.1M0.5%-26.7%
ASML ASML HOLDING NV-NY REG SHSIndustrials16.0K$21.1M0.5%+176.1%
FND FLOOR & DECOR HOLDINGS INC-AConsumer discretionary413.0K$21.0M0.5%+43.2%
KTOS KRATOS DEFENSE & SECURITYIndustrials290.9K$20.5M0.5%New
LYV LIVE NATION ENTERTAINMENT INServices media132.2K$20.2M0.5%+23.2%
PH PARKER HANNIFIN CORPIndustrials21.9K$19.7M0.5%+80.1%
W WAYFAIR INC- CLASS AConsumer discretionary255.1K$19.2M0.4%+21.7%
GVA GRANITE CONSTRUCTION INCIndustrials156.1K$18.7M0.4%-12.6%
AME AMETEK INCTechnology84.8K$18.2M0.4%+74.8%
PWR QUANTA SERVICES INCIndustrials31.8K$17.5M0.4%+14.4%
HPE HEWLETT PACKARD ENTERPRISETechnology726.0K$17.3M0.4%+31.7%
MOD MODINE MANUFACTURING COIndustrials79.3K$17.2M0.4%+242.4%
MCD MCDONALD'S CORPConsumer discretionary54.8K$17.0M0.4%+33.3%
ANET ARISTA NETWORKS INCTechnology138.8K$17.0M0.4%+22.6%
RCI ROGERS COMMUNICATIONS INC-BCommunications430.0K$16.5M0.4%Held
ROST ROSS STORES INCConsumer discretionary75.1K$16.3M0.4%+175.6%
PZZA PAPA JOHN'S INTL INCConsumer discretionary491.7K$15.9M0.4%+0.9%
CGEM CULLINAN THERAPEUTICS INCHealthcare1.1M$15.8M0.4%-10.0%
XENE XENON PHARMACEUTICALS INCHealthcare270.4K$15.7M0.4%+657.9%
BURL BURLINGTON STORES INCConsumer discretionary45.5K$14.8M0.3%-11.3%
CIEN CIENA CORPTechnology38.0K$14.8M0.3%-39.0%
WBD WARNER BROS DISCOVERY INCCommunications535.5K$14.7M0.3%+2007.7%
WULF TERAWULF INCFinancials1.0M$14.7M0.3%+381.9%
AR ANTERO RESOURCES CORPEnergy342.8K$14.5M0.3%+37.2%
PL PLANET LABS PBCTechnology516.7K$14.4M0.3%+14.8%
TT TRANE TECHNOLOGIES PLCTechnology33.2K$13.8M0.3%+3158.2%
NFLX NETFLIX INCServices media143.2K$13.8M0.3%+278.4%
VRT VERTIV HOLDINGS CO-ATechnology54.6K$13.7M0.3%-50.7%
PFGC PERFORMANCE FOOD GROUP COConsumer discretionary159.2K$13.6M0.3%+9.3%
CCL CARNIVAL CORP LTDIndustrials526.2K$13.6M0.3%-15.3%
NWAX NEW AMERICA ACQUISITION-CL AFinancials1.4M$13.5M0.3%New
ADI ANALOG DEVICES INCTechnology42.6K$13.5M0.3%+286.5%
ULTA ULTA BEAUTY INCConsumer discretionary25.5K$13.3M0.3%+219.6%
MU MICRON TECHNOLOGY INCTechnology39.4K$13.3M0.3%+492.2%
WH WYNDHAM HOTELS & RESORTS INCServices media163.1K$13.2M0.3%-17.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20262012$7.71B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20261910$6.70B canonicalSEC ↗
Q3 202513F-HRNov 14, 20251840$6.88B canonicalSEC ↗
Q2 202513F-HRAug 14, 20251414$5.15B canonicalSEC ↗
Q1 202513F-HRMay 15, 20251357$3.80B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20251438$4.05B canonicalSEC ↗
Q3 202413F-HRNov 14, 20241569$4.40B canonicalSEC ↗
Q2 202413F-HRAug 14, 20241473$4.22B canonicalSEC ↗
Q1 202413F-HRMay 15, 20241528$5.19B canonicalSEC ↗