Harraden Circle Investments, LLC
Long book
$499.0M
Q1 2026
Positions
180
Top-10 weight
48%
concentration
Last quarter
+2.7%
SPY +14.8%
Turnover
43%
of book per quarter
Strategy in plain words
auto-generated from filingsHarraden Circle Investments, LLC is a diversified fundamental manager, specialised in financials (83% of the long book), running a $499.0M US long book across 180 positions.
The portfolio is moderately concentrated (top 10 ≈ 48% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: CANTOR EQUITY PARTNERS-CL A, BOLD EAGLE ACQUISITION COR-A, POLIBELI GROUP LTD-A, PERIMETER ACQUIS CORP I CL A, ALDEL FINANCIAL II INC.
Over the last 6 quarters its long book ran on average 7pp per quarter behind the S&P 500, beating the index in 1 of 6 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
Q4 2024
-16.8%
Q1 2025
+5.2%
Q2 2025
-3.3%
Q3 2025
+0.8%
Q4 2025
-3.0%
Q1 2026
+2.7%
Sector allocation
Financials 76%
Other 8%
Consumer discretionary 7%
Technology 6%
Utilities 3%
Services media 0%
Industrials 0%
Long book by quarter
What does Harraden Circle own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| CEPF CANTOR EQUITY PARTNERS-CL A | Financials | 3.1M | $31.9M | 6.4% | +158.6% |
| BEAG BOLD EAGLE ACQUISITION COR-A | Financials | 2.6M | $27.0M | 5.4% | Held |
| PLBL POLIBELI GROUP LTD-A | Consumer discretionary | 2.9M | $25.3M | 5.1% | 0.0% |
| PMTR PERIMETER ACQUIS CORP I CL A | Financials | 2.4M | $25.0M | 5.0% | +6.1% |
| ALDF ALDEL FINANCIAL II INC | Financials | 2.4M | $24.8M | 5.0% | Held |
| NWAX NEW AMERICA ACQUISITION-CL A | Financials | 2.5M | $24.8M | 5.0% | New |
| HYAC HAYMAKER ACQUISITION CORP 4 | — | 2.0M | $23.4M | 4.7% | +6626.1% |
| BCAR D. BORAL ARC ACQUISIT - CL A | Technology | 2.1M | $21.6M | 4.3% | New |
| CCII COHEN CIRCLE ACQUISIT II - A | Financials | 1.9M | $19.2M | 3.8% | +11.9% |
| BLUW BLUE WATER ACQUISITION C-A | Financials | 1.6M | $16.7M | 3.3% | -5.8% |
| RTAC RENATUS TACTICAL ACQUISITI-A | Financials | 1.4M | $14.9M | 3.0% | +2247.2% |
| CLBR COLOMBIER ACQ III-CL A | Financials | 1.4M | $14.6M | 2.9% | New |
| UAC UNITED ACQUISITION CORP I-A | Financials | 1.0M | $10.2M | 2.1% | New |
| TVA TEXAS VENTURES ACQUISITION-A | Financials | 985.0K | $10.2M | 2.1% | -7.7% |
| SAC SAFEGUARD ACQUISITION C-CL A | Financials | 968.1K | $9.6M | 1.9% | New |
| AEXA AMERICAN EXCEPTIONALISM-CL A | Financials | 886.0K | $9.6M | 1.9% | Held |
| SVAC SPRING VALLEY ACQUISITION-A | Utilities | 934.3K | $9.5M | 1.9% | New |
| TLNC TALON CAPITAL CORP-CL A | Financials | 900.0K | $9.2M | 1.8% | New |
| SAAQ SPACE ASSET ACQUISITION-CL A | Financials | 877.5K | $8.7M | 1.8% | New |
| CEPV CANTOR EQUITY PARTNERS-CL A | Financials | 750.0K | $7.6M | 1.5% | Held |
| COLA COLUMBUS ACQUISITION CORP | Financials | 557.8K | $5.9M | 1.2% | Held |
| MBAV M3-BRIGADE ACQUISITION V-A | Financials | 500.0K | $5.4M | 1.1% | Held |
| FL3 REAL ASSET ACQUISITION | — | 437.7K | $4.6M | 0.9% | New |
| FCRS FUTURECREST ACQUISITION-CL A | Financials | 269.3K | $2.7M | 0.5% | -4.4% |
| CEPS CANTOR EQUITY PARTNERS VI -A | Financials | 252.2K | $2.5M | 0.5% | New |
| KBSX FST CORP | Other | 1.6M | $2.2M | 0.4% | Held |
| CHAR CHARLTON ARIA ACQUISITI-CL A | Financials | 200.0K | $2.1M | 0.4% | New |
| ENHA Enhanced Group Inc. | Services media | 4.1M | $1.9M | 0.4% | +73.5% |
| BAYA BAYVIEW ACQUISITION CORP-A | Financials | 71.0K | $848K | 0.2% | Held |
| XNDU XANADU QUANTUM TECHNOLO-CL B | Technology | 104.4K | $800K | 0.2% | New |
| NKLR TERRA INNOVATUM GLOBAL NV | Industrials | 167.3K | $776K | 0.2% | Held |
| AMCI AMC ROBOTICS CORP | Consumer discretionary | 141.0K | $769K | 0.2% | Held |
| PAII PYROPHYTE ACQUISITION CORP-A | Financials | 48.9K | $755K | 0.2% | -63.2% |
| IMSR TERRESTRIAL ENERGY INC | Industrials | 122.0K | $733K | 0.1% | Held |
| BRR PROCAP FINANCIAL INC | Financials | 175.0K | $369K | 0.1% | -13.0% |
| CAPN CAYSON ACQUISITION CORP | Financials | 26.7K | $293K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 181 | $499.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 180 | $545.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 147 | $514.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 120 | $386.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 115 | $220.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ANEW HOLDINGS | Mar 7, 2025 | 29 | $2.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 78 | $123.3M | canonical | SEC ↗ |