Cable Car Capital, LP

Fundamental diversified ★Signal CIK 1699575
League rank
#599
in Fundamental diversified · #4303 overall
Long book
$237.8M
Q1 2026
Positions
126
Top-10 weight
48%
concentration
Last quarter
+11.0%
SPY +14.8%
Turnover
48%
of book per quarter

Strategy in plain words

auto-generated from filings

Cable Car Capital, LP is a diversified fundamental manager, running a $237.8M US long book across 126 positions.

The portfolio is moderately concentrated (top 10 ≈ 48% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SPROTT PHYSICAL SILVER TRUST, SIFY TECHNOLOGIES-SPON ADR, ABEONA THERAPEUTICS INC, FORTE BIOSCIENCES INC, ORUKA THERAPEUTICS INC.

Over the last 9 quarters its long book ran on average 1.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-5.6%
Q2 2024
+20.8%
Q3 2024
-2.5%
Q4 2024
-13.0%
Q1 2025
+11.7%
Q2 2025
+16.0%
Q3 2025
+2.9%
Q4 2025
-13.9%
Q1 2026
+11.0%

Sector allocation

Healthcare
43%
Financials
18%
Technology
14%
Services media
12%
Industrials
11%
Other
1%
Materials
1%
Communications
0%

Long book by quarter

$70.5M
Q1 2024
$93.6M
Q2 2024
$90.5M
Q3 2024
$1.31B
Q4 2024
$87.3M
Q1 2025
$110.7M
Q2 2025
$136.9M
Q3 2025
$1.55B
Q4 2025
$237.8M
Q1 2026

What does Cable Car own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ABEO ABEONA THERAPEUTICS INCHealthcare3.0M$13.5M5.7%+20.3%
FBRX FORTE BIOSCIENCES INCHealthcare400.0K$10.4M4.4%Held
ORKA ORUKA THERAPEUTICS INCHealthcare200.0K$9.8M4.1%-50.0%
BELFA BEL FUSE INC-CL ATechnology46.8K$8.4M3.5%Held
ACOG ALPHA COGNITION INCHealthcare1.4M$7.6M3.2%+30.4%
PANL PANGAEA LOGISTICS SOLUTIONSIndustrials870.0K$6.2M2.6%-11.7%
MACI MELAR ACQUISITION CORP I-AServices media492.5K$5.3M2.2%Held
AMWL AMERICAN WELL CORP-CLASS AServices media1.0M$5.3M2.2%+81.2%
AZ A2Z CUST2MATE SOLUTIONS CORPIndustrials600.0K$4.0M1.7%+9.1%
FGMC FG MERGER II CORPFinancials392.0K$4.0M1.7%Held
IMA IMAGENEBIO INCHealthcare754.7K$3.8M1.6%+17.2%
MPTI M-TRON INDUSTRIES INCTechnology40.0K$2.7M1.1%New
QUMS QUANTUMSPHERE ACQUISITION COFinancials174.8K$1.8M0.7%Held
JOB GEE GROUP INCServices media6.9M$1.7M0.7%Held
XRPN ARMADA ACQUISITION -CLASS AFinancials150.0K$1.5M0.7%Held
LODE COMSTOCK INCOther500.0K$1.5M0.6%New
APAC STONEBRIDGE ACQUISITION CL AFinancials150.0K$1.5M0.6%Held
KOYN CSLM DIGITAL ASSET ACQU - AFinancials150.0K$1.5M0.6%Held
KCHV KOCHAV DEFENSE ACQUISITION-AFinancials143.0K$1.5M0.6%-41.2%
NSRX NASUS PHARMA LTDHealthcare602.0K$1.3M0.6%New
ONCH 1RT ACQUISITION CORP-AFinancials125.0K$1.3M0.5%Held
AIIA AI INFRASTRUCTURE AC-AFinancials125.0K$1.3M0.5%Held
GSRF GSR IV ACQUISITION CORP-CL AFinancials125.0K$1.3M0.5%Held
EURK EUREKA ACQUISITION CORPIndustrials100.0K$1.1M0.5%Held
STRR STAR EQUITY HOLDINGS INCServices media100.0K$1.0M0.4%+74.6%
TLNC TALON CAPITAL CORP-CL AFinancials100.0K$1.0M0.4%Held
CEPF CANTOR EQUITY PARTNERS-CL AFinancials100.0K$1.0M0.4%Held
AMPG AMPLITECH GROUP INCTechnology530.9K$1.0M0.4%+2023.6%
ALIS CALISA ACQUISITION CORPTechnology100.0K$998K0.4%Held
NKLR TERRA INNOVATUM GLOBAL NVIndustrials215.0K$998K0.4%Held
FVN FUTURE VISION II ACQUISITIONTechnology85.2K$913K0.4%Held
BCTX BRIACELL THERAPEUTICS CORPHealthcare216.8K$908K0.4%New
MAIA MAIA BIOTECHNOLOGY INCHealthcare648.5K$908K0.4%New
KTTA PASITHEA THERAPEUTICS CORPHealthcare1.2M$895K0.4%+141.3%
ORIQ ORIGIN INVESTMENT CORP IFinancials75.7K$772K0.3%-69.8%
WTG WINTERGREEN ACQUISITION CORPTechnology75.0K$770K0.3%Held
LAFA LAFAYETTE ACQUISITION CORPFinancials75.0K$748K0.3%Held
BIXI BITCOIN INFRASTRUCTURE-CL AFinancials75.0K$744K0.3%Held
CRIS CURIS INCHealthcare1.3M$730K0.3%New
DEFT DEFI TECHNOLOGIES INCFinancials1.3M$727K0.3%Held
RNTX REIN THERAPEUTICS INCHealthcare420.0K$546K0.2%Held
PL PLANET LABS PBCTechnology30.0K$494K0.2%New
SNDL SNDL INCMaterials306.2K$404K0.2%Held
FGNX FG NEXUS INCFinancials80.0K$399K0.2%New
GOOG ALPHABET INC-CL CTechnology1.2K$336K0.1%-0.9%
VENU VENU HOLDING CORPServices media100.0K$331K0.1%New
JAGU JAGUAR URANIUM CORP-CL AMaterials100.0K$275K0.1%New
FWDI FORWARD INDUSTRIES INCFinancials54.1K$239K0.1%New
IPWR IDEAL POWER INCTechnology50.0K$142K0.1%Held
SURG SURGEPAYS INCCommunications181.7K$136K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026128$289.5M canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026115$3.01B canonicalSEC ↗
Q3 202513F-HRNov 14, 202577$233.3M canonicalSEC ↗
Q2 202513F-HR/ARESTATEMENTAug 15, 202567$311.9M canonicalSEC ↗
Q2 202513F-HRAug 14, 202567$311.9M SEC ↗
Q1 202513F-HRMay 15, 202557$88.1M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202592$2.54B canonicalSEC ↗
Q3 202413F-HRNov 14, 202464$93.6M canonicalSEC ↗
Q2 202413F-HRAug 14, 202462$94.9M canonicalSEC ↗
Q1 202413F-HRMay 15, 202456$72.4M canonicalSEC ↗