We are live on ! Find out more
SIM

Sandia Investment Management Portfolio holdings

AUM $40.1M
1-Year Est. Return 13.88%
This Fund
S&P 500
This Quarter Est. Return
+4.18%
1 Year Est. Return
+13.88%
3 Year Est. Return
+19.79%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$33.6M
AUM Growth
-$5.42M
Cap. Flow
-$5.04M
Cap. Flow %
-15.01%
Top 10 Hldgs %
33.77%
Holding
143
New
41
Increased
5
Reduced
26
Closed
37

Top Buys

Rank Stock Value
1
MRLN
Merlin Inc
MRLN
+$906K
2
VIA
Via Transportation Inc
VIA
+$841K
3
ATEX icon
Anterix
ATEX
+$613K
4
APACU
StoneBridge Acquisition II Corp Units
APACU
+$598K
5
WBI
WaterBridge Infrastructure LLC
WBI
+$586K

Top Sells

Rank Stock Value
1
HYAC
Haymaker Acquisition Corp 4
HYAC
+$1.35M
2
DYNC
Dynamix Corp
DYNC
+$1.3M
3
ETR icon
Entergy
ETR
+$831K
4
WLAC
Willow Lane Acquisition Corp
WLAC
+$767K
5
HNGE
Hinge Health
HNGE
+$657K

Sector Composition

Rank Sector Weight
1 Financials 36.52%
2 Technology 10.77%
3 Healthcare 9.92%
4 Industrials 9.04%
5 Consumer Discretionary 6.17%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FLY
76
Firefly Aerospace
FLY
$4.36B
$147K 0.44%
+5,000
New +$225K
VG
77
Venture Global Inc
VG
$34.2B
$142K 0.42%
10,000
– –
CHAC
78
DELISTED
Crane Harbor Acquisition Corp
CHAC
$121K 0.36%
+11,921
New +$120K
FIGXU
79
FIGX Capital Acquisition Corp Units
FIGXU
$120K 0.36%
11,888
+1,009
+9% +$10.1K
CAEP
80
DELISTED
Cantor Equity Partners III
CAEP
$116K 0.35%
11,250
-7,150
-39% -$74.8K
KIDZ
81
KIDZ AI Inc Class B
KIDZ
$568K
$109K 0.32%
180
– –
FCRS.U
82
FutureCrest Acquisition Corp Units
FCRS.U
$106K 0.32%
+10,000
New +$105K
ONCHU
83
1RT Acquisition Corp Units
ONCHU
$155M
$106K 0.31%
+10,000
New +$105K
GCTS.WS
84
GCT Semiconductor Holding Warrants
GCTS.WS
$18.7M
$75K 0.22%
400,248
-27,379
-6% -$3.22K
TTAM
85
Titan America SA
TTAM
$2.91B
$74.7K 0.22%
5,000
-10,000
-67% -$148K
HYAC.WS
86
DELISTED
Haymaker Acquisition Corp 4 Warrants
HYAC.WS
$72.6K 0.22%
162,499
– –
KDP icon
87
Keurig Dr Pepper
KDP
$39.9B
$63.8K 0.19%
2,500
-7,500
-75% -$235K
FIG
88
Figma
FIG
$12.7B
$51.9K 0.15%
+1,000
New +$68.7K
BEAGR
89
Bold Eagle Acquisition Corp Right
BEAGR
$40.5K 0.12%
150,000
– –
VAL.WS icon
90
Valaris Ltd Warrants
VAL.WS
$835M
$34.4K 0.1%
12,296
– –
LOKVW
91
DELISTED
Live Oak Acquisition Corp V Warrants
LOKVW
$24K 0.07%
49,500
– –
COCHW icon
92
Envoy Medical Warrant
COCHW
$708K
$22.2K 0.07%
589,886
– –
FACTW
93
FACT II Acquisition Corp Warrant
FACTW
$1.84M
$17.5K 0.05%
62,550
– –
ANNAW
94
AleAnna Inc Warrant
ANNAW
$8.32M
$14.2K 0.04%
74,647
– –
BLSH
95
Bullish
BLSH
$3.69B
$12.7K 0.04%
+200
New +$12.3K
AAM.WS
96
DELISTED
AA Mission Acquisition Corp Warrants
AAM.WS
$12K 0.04%
+75,000
New +$9.5K
FTW.WS
97
Presidio Production Co Warrants
FTW.WS
$10K 0.03%
20,000
-9,287
-32% -$5.1K
ABPWW
98
DELISTED
Abpro Holdings Warrant
ABPWW
$8.46K 0.03%
358,427
– –
BDMDW
99
Baird Medical Investment Holdings Warrant
BDMDW
$505K
$7.71K 0.02%
108,100
– –
ALDFW
100
Aldel Financial II Inc Warrants
ALDFW
$5.45K 0.02%
10,000
-40,000
-80% -$19.1K
2 3
4
5 6

Similar funds

2C
272 Capital Dallas, Texas $40M AUM 150.07% 1-Year Est. Return
ISSM
Invesco Senior Secured Management New York $40.9M AUM 3.88% 1-Year Est. Return
SPA
Sherbrooke Park Advisers White Plains, New York $38.7M AUM 5.29% 1-Year Est. Return
KCM
Kawa Capital Management Hallandale Beach, Florida $43.2M AUM 13.52% 1-Year Est. Return
EFI
EHP Funds Inc Toronto, Canada $43.6M AUM 69.08% 1-Year Est. Return
ICM
Indaba Capital Management San Francisco, California $33.8M AUM 33.83% 1-Year Est. Return
PP
Prospector Partners Guilford, Connecticut $46.7M AUM 11.1% 1-Year Est. Return
TWP
Total Wealth Planning Cincinnati, Ohio $46.7M AUM 13.43% 1-Year Est. Return

Sandia Investment Management's Q3 2025 Portfolio in Review

As of Q3 2025, Sandia Investment Management held 143 positions worth $33.6M, down 14% from $39M the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Sandia Investment Management withdrew a net $5.04M in Q3 2025, closing 37 positions and reducing 26 holdings. Its most notable exit was Dynamix Corp, an estimated $1.3M position sold in full.

By sector, the portfolio is most concentrated in Financials at 37% of assets, down from 45% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Sandia Investment Management opened a new position in Merlin Inc worth $910K.

  • Sandia Investment Management's largest Q3 2025 buy was Merlin Inc: 87,500 shares worth $910K.
  • Sandia Investment Management added most to Ategrity Specialty Insurance in Q3 2025, an estimated $210K increase.
  • Sandia Investment Management's biggest Q3 2025 reduction was Haymaker Acquisition Corp 4, cutting an estimated $1.35M.
  • Sandia Investment Management fully exited Dynamix Corp in Q3 2025, selling an estimated $1.3M.
  • Sandia Investment Management's ten largest holdings make up 34% of its $33.6M portfolio in Q3 2025.
  • Sandia Investment Management opened 41 new positions and closed 37 in Q3 2025.
  • Sandia Investment Management's portfolio value fell 14% quarter-over-quarter to $33.6M.

Based on Sandia Investment Management's 13F filing for Q3 2025, filed 14 Nov 2025.