FC
Fore Capital Portfolio holdings
AUM
$338M
Turnover
62.67%
1-Year Est. Return
10.07%
This Fund
S&P 500
This Quarter
Est. Return
+5.84%
1 Year Est. Return
+10.07%
3 Year Est. Return
+25.37%
5 Year Est. Return
+23.47%
10 Year Est. Return
–
AUM
$169M
AUM Growth
-$92.8M
(-35%)
Cap. Flow
-$28.4M
Cap. Flow
% of AUM
-16.81%
Top 10 Holdings %
Top 10 Hldgs %
69.32%
Holding
64
New
21
Increased
10
Reduced
3
Closed
9
Avg Time Held Equity + Options
0.6
years
Top 10 Avg Time Held Equity + Options
0.4
years
Top 20 Avg Time Held Equity + Options
0.7
years
Avg Time Held Equity only
0.5
years
Top 10 Avg Time Held Equity only
0.4
years
Top 20 Avg Time Held Equity only
0.5
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
KraneShares CSI China Internet ETF
KWEB
|
+$1.86M |
| 2 |
Amplify Junior Silver Miners ETF
SILJ
|
+$1.07M |
| 3 |
Futu Holdings
FUTU
|
+$922K |
| 4 |
Qfin Holdings
QFIN
|
+$828K |
| 5 |
Labcorp
LH
|
+$607K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VICI Properties
VICI
|
+$1.08M |
| 2 |
Bausch + Lomb
BLCO
|
+$1.04M |
| 3 |
Perrigo
PRGO
|
+$977K |
| 4 |
Grifois
GRFS
|
+$868K |
| 5 |
Contango Silver & Gold Inc
CTGO
|
+$111K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 90.39% |
| 2 | Healthcare | 3.6% |
| 3 | Real Estate | 2.1% |
| 4 | Materials | 1.47% |
| 5 | Financials | 1.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
MAG
26
DELISTED
MAG Silver
MAG
| $382K | 0.23% |
+25,000
| New | +$388K |
2025 Q1
0 quarters
|
|
27
GrafTech
EAF
$202M
| $359K | 0.21% |
41,000
+24,000
| +141% | +$312K |
2023 Q4
5 quarters
|
|
28
Sibanye-Stillwater
SBSW
$6.67B
| $321K | 0.19% |
+70,000
| New | +$265K |
2025 Q1
0 quarters
|
|
29
DELISTED
Azul
AZUL
| $312K | 0.18% |
190,000
+90,000
| +90% | +$177K |
2024 Q4
1 quarter
|
|
30
Claritev Corp
CTEV
$406M
| $307K | 0.18% |
14,875
| – | – |
2024 Q2
3 quarters
|
|
31
First Majestic Silver
AG
$7.52B
| $268K | 0.16% |
+40,000
| New | +$238K |
2025 Q1
0 quarters
|
|
32
Definium Therapeutics
DFTX
$4.6B
| $234K | 0.14% |
40,000
+2,461
| +7% | +$17.6K |
2024 Q2
3 quarters
|
|
|
SA
33
Seabridge Gold
SA
$2.73B
| $210K | 0.12% |
+18,007
| New | +$214K |
2025 Q1
0 quarters
|
|
|
HELP
34
Helus Pharma Inc. Common Stock
HELP
$758M
| $199K | 0.12% |
31,421
| – | – |
2024 Q3
2 quarters
|
|
35
Uranium Energy
UEC
$3.82B
| $143K | 0.08% |
+30,000
| New | +$188K |
2025 Q1
0 quarters
|
|
36
Denison Mines
DNN
$1.96B
| $130K | 0.08% |
+100,000
| New | +$167K |
2025 Q1
0 quarters
|
|
|
DADA
37
DELISTED
Dada Nexus
DADA
| $130K | 0.08% |
70,000
| – | – |
2024 Q1
4 quarters
|
|
|
38
Grifois
GRFS
$4.93B
| $107K | 0.06% |
15,000
-115,000
| -88% | -$868K |
2024 Q4
1 quarter
|
|
39
Compass Pathways
CMPS
$1.56B
| $100K | 0.06% |
35,000
| – | – |
2024 Q2
3 quarters
|
|
40
DELISTED
Piedmont Lithium
PLL
| $94.5K | 0.06% |
+15,000
| New | +$120K |
2025 Q1
0 quarters
|
|
41
Evotec
EVO
$508M
| $56.8K | 0.03% |
+17,005
| New | +$69.5K |
2025 Q1
0 quarters
|
|
|
OGG
42
Osisko Gold Group
OGG
$808M
| $22.4K | 0.01% |
+15,000
| New | +$22.2K |
2025 Q1
0 quarters
|
|
|
43
Bausch + Lomb
BLCO
$5.73B
| – | – |
-57,614
| Closed | -$1.04M | – |
|
|
44
Contango Silver & Gold Inc
CTGO
$487M
| – | – |
-11,100
| Closed | -$111K | – |
|
45
CALL
iShares MSCI Emerging Markets ETF
EEM
$29.8B
| – | – |
-90,000
| Closed | -$3.76M | – |
|
46
CALL
VanEck Gold Miners ETF
GDX
$25B
| – | – |
-400,000
| Closed | -$13.6M | – |
|
47
PUT
JD.com
JD
$36B
| – | – |
-50,000
| Closed | -$1.73M | – |
|
|
48
CALL
Definium Therapeutics
DFTX
$4.6B
| – | – |
-75,000
| Closed | -$522K | – |
|
|
49
Perrigo
PRGO
$2.21B
| – | – |
-38,000
| Closed | -$977K | – |
|
50
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$813B
| – | – |
-135,000
| Closed | -$79.1M | – |
|
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Fore Capital's Q1 2025 Portfolio in Review
As of Q1 2025, Fore Capital held 64 positions worth $169M, down 35% from $262M the previous quarter. Its ten largest holdings account for 69% of the portfolio.
Fore Capital withdrew a net $28.4M in Q1 2025, closing 9 positions and reducing 3 holdings. Its most notable exit was Bausch + Lomb, an estimated $1.04M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, down from 95% a quarter earlier, followed by Healthcare and Real Estate.
Against the trend, Fore Capital opened a new position in KraneShares CSI China Internet ETF worth $1.95M.
- Fore Capital's largest Q1 2025 buy was KraneShares CSI China Internet ETF: 56,000 shares worth $1.95M.
- Fore Capital added most to Labcorp in Q1 2025, an estimated $607K increase.
- Fore Capital's biggest Q1 2025 reduction was VICI Properties, cutting an estimated $1.08M.
- Fore Capital fully exited Bausch + Lomb in Q1 2025, selling an estimated $1.04M.
- Fore Capital's ten largest holdings make up 69% of its $169M portfolio in Q1 2025.
- Fore Capital opened 21 new positions and closed 9 in Q1 2025.
- Fore Capital's portfolio value fell 35% quarter-over-quarter to $169M.
Based on Fore Capital's 13F filing for Q1 2025, filed 13 May 2025.