SEC 13F Intelligence

Managers / Q4 2025 · view latest →

CONTINENTAL ADVISORS LLC

CIK 0001277779 · 6300 SAGEWOOD DRIVE, SUITE H115, PARK CITY, UT, 84098-7502 · 3123773777

Reported Value
$237M
Q4 2025
Positions
43
Filings on Record
30
2019–present window
Filed
Feb 12, 2026
original filing

Summary

Continental Advisors LLC reported $237M in U.S.-listed holdings across 43 positions for Q4 2025.

Its largest position, VTRS, represents 4.8% of the portfolio.

Compared with Q3 2025, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+4.9%
vs prior filed quarter
Top-10 Concentration
+34.4%
share of reported value
Largest Position
+4.8%
Viatris
New / Exited
4 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $327MQ4 ’18Q1 ’19: $215MQ2 ’19: $177MQ3 ’19: $169MQ4 ’19: $207MQ4 ’19Q1 ’20: $134MQ2 ’20: $187MQ3 ’20: $189MQ4 ’20: $219MQ4 ’20Q1 ’21: $216MQ2 ’21: $217MQ3 ’21: $236MQ4 ’21: $237MQ4 ’21Q1 ’22: $203MQ2 ’22: $166MQ3 ’22: $170MQ4 ’22: $191MQ4 ’22Q1 ’23: $187MQ2 ’23: $221MQ3 ’23: $188MQ4 ’23: $256MQ4 ’23Q1 ’24: $248MQ2 ’24: $228MQ3 ’24: $207MQ4 ’24: $217MQ4 ’24Q1 ’25: $179MQ2 ’25: $213MQ3 ’25: $231MQ4 ’25: $237MQ4 ’25Q1 ’26: $196Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 59.4%ETP: 31.4%ADR: 4.9%Other: 4.3%
  • Common Stock · 59.4% · $141M
  • ETP · 31.4% · $74M
  • ADR · 4.9% · $12M
  • Other · 4.3% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BMYBRISTOL-MYERS SQUIBB CONEW+74.8K74.8K+$4M$4M
ALITEURALIGHT INCNEW+937.7K937.7K+$2M$2M
BAXBAXTER INTL INCNEW+63.4K63.4K+$1M$1M
HBANHUNTINGTON BANCSHARES INCNEW+26.1K26.1K+$452,054$452,054
CNNECANNAE HLDGS INCSOLD OUT−182.4K0−$3M$0
VBTXVERITEX HLDGS INCSOLD OUT−13.4K0−$448,028$0
PROVPROVIDENT FINL HLDGS INCSOLD OUT−18.5K0−$291,659$0
XLESELECT SECTOR SPDR TRADDED+36.5K73.0K+$2,920$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VTRSVIATRIS INChistory →COM4.77%$11M907.6K
2W3UWESTERN UN COhistory →COM4.30%$10M1.09M
3PFEPFIZER INChistory →COM4.22%$10M400.9K
4TEVATEVA PHARMACEUTICAL INDS LTDhistory →SPONSORED ADS3.80%$9M288.1K
5TFCTRUIST FINL CORPhistory →COM3.35%$8M161.2K
6COFCAPITAL ONE FINL CORPhistory →COM3.20%$8M31.3K
7FHIFEDERATED HERMES INChistory →CL B2.77%$7M125.9K
8UBERUBER TECHNOLOGIES INChistory →COM2.71%$6M78.5K
9TRVCCITIGROUP INChistory →COM NEW2.66%$6M53.9K
10WFCWELLS FARGO CO NEWhistory →COM2.60%$6M66.1K
11XRAYDENTSPLY SIRONA INChistory →COM2.52%$6M522.1K
12LVSLAS VEGAS SANDS CORPhistory →COM2.25%$5M81.8K
13RFREGIONS FINANCIAL CORP NEWhistory →COM2.03%$5M177.0K
14PERRIGO CO PLCSHS1.77%$4M300.6K
15GILDGILEAD SCIENCES INChistory →COM1.70%$4M32.9K
16BMYBRISTOL-MYERS SQUIBB COhistory →COM1.70%$4M74.8K
17B7SBROOKDALE SR LIVING INChistory →COM1.59%$4M348.4K
18ALPS ETF TRALERIAN MLP1.50%$4M75.7K
19NTRSNORTHERN TR CORPhistory →COM1.49%$4M25.8K
20JPMJPMORGAN CHASE & CO.history →COM1.46%$3M10.7K
21SPDR SERIES TRUSTSTATE STREET SPD1.43%$3M27.7K
22XLESELECT SECTOR SPDR TRhistory →STATE STREET ENE1.38%$3M73.0K
23BBARRICK MNG CORPhistory →COM SHS1.36%$3M73.8K
24GSGOLDMAN SACHS GROUP INChistory →COM1.22%$3M3.3K
25ISHARES INCCORE MSCI EMKT1.16%$3M40.8K
26SHELSHELL PLChistory →SPON ADS1.13%$3M36.5K
27INVESCO LTDSHS1.08%$3M97.7K
28RPAYREPAY HLDGS CORPCOM CL A0.95%$2M614.1K
29ALITEURALIGHT INCCOM CL A0.77%$2M937.7K
30SSBSOUTHSTATE BK CORPCOM0.74%$2M18.5K
31BAXBAXTER INTL INCCOM0.51%$1M63.4K
32FBNCFIRST BANCORP N CCOM0.27%$636,44912.5K
33UCBUNITED CMNTY BKS BLAIRSVLE GCOM0.24%$561,96018.0K
34HBANHUNTINGTON BANCSHARES INCCOM0.19%$452,05426.1K
35RVSBRIVERVIEW BANCORP INCCOM0.18%$431,74086.0K
36SBG1SEACOAST BKG CORP FLACOM NEW0.12%$282,7809.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$196M50May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$237M43Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$231M41Nov 3, 202513F-HRchanges · EDGAR ↗
Q2 2025$213M41Aug 19, 202513F-HRchanges · EDGAR ↗
Q1 2025$179M40May 16, 202513F-HRchanges · EDGAR ↗
Q4 2024$217M42Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$207M41Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$228M43Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$248M45May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$256M48Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$188M51Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$221M54Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$187M50May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$191M62Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$170M57Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$166M58Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$203M55May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$237M61Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$236M64Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$217M57Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$216M68May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$219M72Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$189M82Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$187M83Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$134M75May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$207M72Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$169M75Oct 28, 201913F-HRchanges · EDGAR ↗
Q2 2019$177M73Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$215M86May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$327M100Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.