Pantera Capital Partners LP
Long book
$157.9M
Q1 2026
Positions
14
Top-10 weight
98%
concentration
Last quarter
-7.3%
SPY +14.8%
Turnover
47%
of book per quarter
Strategy in plain words
auto-generated from filingsPantera Capital Partners LP is a concentrated fundamental stock-picker, specialised in financials (98% of the long book), running a $157.9M US long book across 14 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: FIGURE TECHNOLOGY SOLUT-CL A, BITGO HOLDINGS INC-CL A, BITMINE IMMERSION TECHNOLOGI, DYNAMIX CORP, HYPERLIQUID STRATEGIES.
Over the last 6 quarters its long book ran on average 17.7pp 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
-20.5%
Q1 2025
+31.0%
Q2 2025
-10.6%
Q3 2025
-52.1%
Q4 2025
-19.0%
Q1 2026
-7.3%
Sector allocation
Financials 98%
Healthcare 1%
Industrials 1%
Long book by quarter
What does Pantera Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| FIGR FIGURE TECHNOLOGY SOLUT-CL A | Financials | 1.5M | $52.4M | 33.2% | Held |
| BTGO BITGO HOLDINGS INC-CL A | Financials | 3.3M | $27.3M | 17.3% | New |
| BMNR BITMINE IMMERSION TECHNOLOGI | Financials | 1.1M | $22.7M | 14.4% | -19.6% |
| DYNC DYNAMIX CORP | Financials | 1.6M | $16.8M | 10.6% | New |
| PURR HYPERLIQUID STRATEGIES | Financials | 2.7M | $13.8M | 8.7% | -33.6% |
| ORBS EIGHTCO HOLDINGS INC | Financials | 11.2M | $10.4M | 6.6% | -4.0% |
| HSDT SOLANA CO | Financials | 3.9M | $6.7M | 4.3% | Held |
| XXI TWENTY ONE CAPITAL INC-CL A | Financials | 337.5K | $2.2M | 1.4% | Held |
| SKYA SKYAI INC | Healthcare | 1.1M | $1.9M | 1.2% | Held |
| ZOOZ ZOOZ STRATEGY LTD | Industrials | 4.3M | $1.3M | 0.8% | -0.3% |
| SBET SHARPLINK INC | Financials | 182.0K | $1.2M | 0.7% | New |
| FWDI FORWARD INDUSTRIES INC | Financials | 204.1K | $904K | 0.6% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 14 | $157.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ARESTATEMENT | Feb 27, 2026 | 15 | $164.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 20 | $229.2M | SEC ↗ | |
| Q3 2025 | 13F-HR/ARESTATEMENT | Feb 27, 2026 | 16 | $497.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 22 | $785.8M | SEC ↗ | |
| Q2 2025 | 13F-HR/ARESTATEMENT | Feb 27, 2026 | 4 | $175.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 6 | $314.3M | SEC ↗ | |
| Q1 2025 | 13F-HR | May 15, 2025 | 2 | $148.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | May 15, 2025 | 2 | $325.2M | canonical | SEC ↗ |