LMR Partners’s USA Rare Earth Inc Warrant USARW Stock Holding History

LMR Partners’s Portfolio USARW Stock Details USARW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-2,868,494	Closed	-$20.7M	–	1781
2025 Q3	$20.7M	Buy	2,868,494 +2,404,303	+518%	+$11.9M	0.09%	174
2025 Q2	$1.1M	Sell	464,191 -79,422	-15%	-$163K	0.01%	769
2025 Q1	$364K	Buy	+543,613	New	+$566K	﹤0.01%	973

LMR Partners's USARW Position: Q4 2025 in Review

LMR Partners sold out of USA Rare Earth Inc Warrant (USARW) in Q4 2025, closing a stake of 2,868,494 shares — an estimated $20.7M sold.

LMR Partners first reported a position in USARW in Q1 2025 and held it in 3 quarters. The position peaked at $20.7M in Q3 2025. 0 funds tracked by Wall St. Rank hold USARW as of Q4 2025.

LMR Partners reported no remaining USA Rare Earth Inc Warrant position as of Q4 2025 after selling out during the quarter.
LMR Partners sold 2,868,494 USA Rare Earth Inc Warrant shares in Q4 2025, an estimated $20.7M.
LMR Partners first reported a position in USA Rare Earth Inc Warrant in Q1 2025 and held it in 3 quarters.
LMR Partners's USA Rare Earth Inc Warrant position peaked at $20.7M in Q3 2025.
0 funds tracked by Wall St. Rank held USA Rare Earth Inc Warrant as of Q4 2025.

Based on LMR Partners's 13F filing for Q4 2025, filed 17 Feb 2026.