Managers / Q1 2026
TAM Capital Management Inc.
CIK 0001594591 · 63 CRANE RD NORTH, STAMFORD, CT, 06902 · 9175673923
Summary
Tam Capital Management Inc. reported $205M in U.S.-listed holdings across 7 positions for Q1 2026.
The portfolio is heavily concentrated: The Cigna alone accounts for 50.6% of reported value.
Compared with Q4 2025, the fund opened 1 new position and exited 2.
Portfolio Metrics
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
Portfolio Composition
- Other · 58.9% · $121M
- Common Stock · 41.1% · $84M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CRMSALESFORCE INC | NEW | +219.3K | 219.3K | +$41M | $41M |
| CHTRCHARTER COMMUNICATIONS INC N | ADDED | +47.0K | 61.7K | +$10M | $13M |
| FISVFISERV INC | ADDED | +43.2K | 82.8K | +$2M | $5M |
| CHARTER COMMUNICATIONS INC N | SOLD OUT | −45.1K | 0 | −$9M | $0 |
| CLXCLOROX CO DEL | SOLD OUT | −20.0K | 0 | −$3M | $0 |
| FISERV INC | TRIMMED | −44.1K | 71.4K | −$4M | $4M |
| CITHE CIGNA GROUP | TRIMMED | −28.0K | 94.7K | −$9M | $25M |
| THE CIGNA GROUP | ADDED | +55.0K | 388.5K | +$12M | $104M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CITHE CIGNA GROUP | CALL · COM | 62.93% | $129M | 483.2K |
| 2 | CRMSALESFORCE INChistory → | COM | 19.99% | $41M | 219.3K |
| 3 | CHTRCHARTER COMMUNICATIONS INC Nhistory → | CL A | 6.50% | $13M | 61.7K |
| 4 | SPDR S&P 500 ETF TR | PUT | 6.38% | $13M | 20.1K |
| 5 | FISVFISERV INC | COM · CALL | 4.20% | $9M | 154.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $205M | 7 | May 18, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $166M | 8 | Feb 18, 2026 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2025 | $202M | 9 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $127M | 5 | Aug 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $119M | 3 | May 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $276M | 8 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $229M | 11 | Nov 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $167M | 9 | Aug 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $120M | 9 | May 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $150M | 15 | Feb 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $152M | 12 | Nov 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | Under review | 5 | Aug 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $1M | 4 | May 16, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 6 | Feb 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $25M | 3 | May 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $110M | 7 | Feb 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $87M | 14 | Feb 13, 2019 | 13F-HR | changes · 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 ↗.