We are live on
!
Find out more
WAM
Warberg Asset Management Portfolio holdings
AUM
$551M
1-Year Est. Return
34.68%
This Fund
S&P 500
This Quarter
Est. Return
-0.69%
1 Year Est. Return
+34.68%
3 Year Est. Return
+65.34%
5 Year Est. Return
+117.41%
10 Year Est. Return
–
AUM
$831M
AUM Growth
+$204M
(+33%)
Cap. Flow
-$245M
Cap. Flow
% of AUM
-29.46%
Top 10 Holdings %
Top 10 Hldgs %
76.27%
Holding
241
New
56
Increased
19
Reduced
28
Closed
60
Avg Time Held Equity + Options
3.2
quarters
Top 10 Avg Time Held Equity + Options
4.6
quarters
Top 20 Avg Time Held Equity + Options
3.7
quarters
Avg Time Held Equity only
3
quarters
Top 10 Avg Time Held Equity only
2.4
quarters
Top 20 Avg Time Held Equity only
2.4
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Rigetti Computing
RGTI
|
+$1.36M |
| 2 |
EPR Properties 9.00% Series E Preferred Shares
EPR.PRE
|
+$1.14M |
| 3 |
Bank of America Series L
BAC.PRL
|
+$1.1M |
| 4 |
Silicon Valley Acquisition Corp Units
SVAQU
|
+$746K |
| 5 |
Vine Hill Capital Investment Corp II Units
VHCPU
|
+$722K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Rigetti Computing Warrants
RGTIW
|
+$8.23M |
| 2 |
Occidental Petroleum Corp Warrants
OXY.WS
|
+$5.65M |
| 3 |
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
|
+$2.37M |
| 4 |
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
|
+$1.05M |
| 5 |
Four Leaf Acquisition Corp
FORL
|
+$873K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96.56% |
| 2 | Financials | 2.56% |
| 3 | Healthcare | 0.38% |
| 4 | Technology | 0.15% |
| 5 | Real Estate | 0.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$822B
| $432M | 51.93% |
633,000
+339,000
| +115% | +$229M |
2020 Q4
20 quarters
|
|
2
PUT
Invesco QQQ Trust
QQQ
$497B
| $27.6M | 3.33% |
45,000
-6,000
| -12% | -$3.68M |
2021 Q3
17 quarters
|
|
3
PUT
Palantir
PLTR
$501B
| $5.15M | 0.62% |
29,000
-6,000
| -17% | -$1.09M |
2025 Q2
2 quarters
|
|
4
PUT
iShares S&P 100 ETF
OEF
$20.8B
| $4.36M | 0.52% |
50,000
-10,000
| -17% | -$3.4M |
2022 Q4
12 quarters
|
|
5
PUT
Carvana
CVNA
$43.5B
| $3.8M | 0.46% |
45,000
+35,000
| +350% | +$2.6M |
2023 Q4
8 quarters
|
|
6
PUT
VanEck Gold Miners ETF
GDX
$26.2B
| $3.35M | 0.4% |
+39,000
| New | +$3.08M |
2025 Q4
0 quarters
|
|
|
7
Occidental Petroleum Corp Warrants
OXY.WS
$37.3B
| $3.18M | 0.38% |
164,918
-284,393
| -63% | -$5.65M |
2025 Q2
2 quarters
|
|
8
PUT
NVIDIA
NVDA
$5.52T
| $2.61M | 0.31% |
14,000
+4,000
| +40% | +$745K |
2025 Q3
1 quarter
|
|
9
Stereotaxis
STXS
$106M
| $2.55M | 0.31% |
1,107,657
+57,790
| +6% | +$154K |
2024 Q1
7 quarters
|
|
10
PUT
iShares Morningstar Value ETF
ILCV
$1.37B
| $2.42M | 0.29% |
30,000
| – | – |
2025 Q3
1 quarter
|
|
11
PUT
DELISTED
Cantaloupe
CTLP
| $2.4M | 0.29% |
225,800
-50,500
| -18% | -$535K |
2025 Q2
2 quarters
|
|
|
12
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$131M
| $2.17M | 0.26% |
97,144
-45,206
| -32% | -$1.05M |
2023 Q2
10 quarters
|
|
|
13
CALL
VanEck Gold Miners ETF
GDX
$26.2B
| $1.89M | 0.23% |
22,000
+1,000
| +5% | +$79K |
2020 Q4
20 quarters
|
|
14
Core Scientific Inc Tranche 1 Warrants
CORZW
$860M
| $1.88M | 0.23% |
221,900
+29,350
| +15% | +$326K |
2024 Q2
6 quarters
|
|
|
15
EPR Properties 9.00% Series E Preferred Shares
EPR.PRE
$105M
| $1.67M | 0.2% |
55,449
+37,032
| +201% | +$1.14M |
2025 Q2
2 quarters
|
|
16
CALL
iShares Silver Trust
SLV
$28.8B
| $1.61M | 0.19% |
25,000
+5,000
| +25% | +$250K |
2020 Q4
20 quarters
|
|
17
Vendome Acquisition Corp I
VNME
$259M
| $1.39M | 0.17% |
138,500
| – | – |
2025 Q3
1 quarter
|
|
18
CALL
Apple
AAPL
$4.98T
| $1.36M | 0.16% |
+5,000
| New | +$1.34M |
2025 Q4
0 quarters
|
|
|
19
PUT
Rigetti Computing
RGTI
$4.27B
| $1.32M | 0.16% |
59,800
+20,000
| +50% | +$652K |
2025 Q3
1 quarter
|
|
|
BCAR
20
DELISTED
D. Boral ARC Acquisition I Corp
BCAR
| $1.15M | 0.14% |
114,331
-25,669
| -18% | -$257K |
2025 Q3
1 quarter
|
|
21
New England Realty Associates
NEN
$163M
| $1.1M | 0.13% |
17,041
+5,627
| +49% | +$386K |
2020 Q4
20 quarters
|
|
22
PUT
State Street Financial Select Sector SPDR ETF
XLF
$51B
| $1.1M | 0.13% |
+20,000
| New | +$1.07M |
2025 Q4
0 quarters
|
|
|
23
Bank of America Series L
BAC.PRL
$3.66B
| $1.09M | 0.13% |
+873
| New | +$1.1M |
2025 Q4
0 quarters
|
|
24
Tavia Acquisition Corp
TAVI
$172M
| $1.09M | 0.13% |
104,360
-3,000
| -3% | -$31.2K |
2024 Q4
4 quarters
|
|
25
Charlton Aria Acquisition Corp
CHAR
$121M
| $1.03M | 0.12% |
98,665
| – | – |
2024 Q4
4 quarters
|
|
Similar funds
GCGDR
PRCP
PWMG
IG
CPIM
LECM
KV
TCM
Warberg Asset Management's Q4 2025 Portfolio in Review
As of Q4 2025, Warberg Asset Management held 241 positions worth $831M, up 33% from $627M the previous quarter. Its ten largest holdings account for 76% of the portfolio.
Warberg Asset Management withdrew a net $245M in Q4 2025, closing 60 positions and reducing 28 holdings. Its most notable exit was Rigetti Computing Warrants, an estimated $8.23M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 97% of assets, up from 96% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Warberg Asset Management opened a new position in Rigetti Computing worth $924K.
- Warberg Asset Management's largest Q4 2025 buy was Rigetti Computing: 41,700 shares worth $924K.
- Warberg Asset Management added most to EPR Properties 9.00% Series E Preferred Shares in Q4 2025, an estimated $1.14M increase.
- Warberg Asset Management's biggest Q4 2025 reduction was Occidental Petroleum Corp Warrants, cutting an estimated $5.65M.
- Warberg Asset Management fully exited Rigetti Computing Warrants in Q4 2025, selling an estimated $8.23M.
- Warberg Asset Management's ten largest holdings make up 76% of its $831M portfolio in Q4 2025.
- Warberg Asset Management opened 56 new positions and closed 60 in Q4 2025.
- Warberg Asset Management's portfolio value rose 33% quarter-over-quarter to $831M.
Based on Warberg Asset Management's 13F filing for Q4 2025, filed 13 Feb 2026.