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
CCIX
126
DELISTED
Churchill Capital Corp IX
CCIX
– –
-45,000
Closed -$473K
AMTM
127
Amentum Holdings
AMTM
$5.45B
– –
-22,505
Closed -$531K
VCIC
128
DELISTED
Vine Hill Capital Investment Corp
VCIC
– –
-50,500
Closed -$525K
VCICW
129
DELISTED
Vine Hill Capital Investment Corp Warrant
VCICW
– –
-25,250
Closed -$6.11K
CHAR
130
Charlton Aria Acquisition Corp
CHAR
$117M
– –
-47,600
Closed -$489K
DYNC
131
Dynamix Corp
DYNC
$240M
– –
-126,973
Closed -$1.3M
DYNCW
132
Dynamix Corp Warrant
DYNCW
$1.42M
– –
-63,486
Closed -$24.7K
WLAC
133
DELISTED
Willow Lane Acquisition Corp
WLAC
– –
-75,000
Closed -$767K
ASPC
134
A SPAC III Acquisition Corp
ASPC
$24.7M
– –
-30,000
Closed -$308K
FLOC
135
Flowco Holdings
FLOC
$989M
– –
-10,000
Closed -$178K
BBNX
136
Beta Bionics
BBNX
$766M
– –
-6,000
Closed -$87.4K
SNDK
137
Sandisk
SNDK
$201B
– –
-7,958
Closed -$361K
AHL
138
DELISTED
Aspen Insurance
AHL
– –
-20,000
Closed -$629K
CCCXU
139
DELISTED
Churchill Capital Corp X Unit
CCCXU
– –
-20,000
Closed -$206K
HNGE
140
Hinge Health
HNGE
$7.07B
– –
-12,700
Closed -$657K
DAIC
141
CID HoldCo Inc
DAIC
$684K
– –
-875
Closed -$112K
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.