SEC 13F Intelligence

Managers / Q4 2018 · view latest →

Ursa Fund Management, LLC

CIK 0001693838 · 156 DIABLO RD, STE 250, DANVILLE, CA, 94526 · 415-529-6040

Reported Value
$2.4B
Q4 2018
Positions
25
Filings on Record
31
2019–present window
Filed
Jan 8, 2019
original filing

Summary

Ursa Fund Management, LLC reported $2.4B in U.S.-listed holdings across 25 positions for Q4 2018.

Its largest position, GOOG, represents 15.1% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+31.2%
share of reported value
Largest Position
+15.1%
Alphabet

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: $2.4BQ4 ’18Q1 ’19: $1.2BQ2 ’19: $1.6BQ3 ’19: $141MQ4 ’19: $2.4BQ4 ’19Q1 ’20: $347MQ2 ’20: $1.7BQ3 ’20: $193MQ4 ’20: $1.6BQ4 ’20Q1 ’21: $92MQ2 ’21: $78MQ3 ’21: $281MQ4 ’21: $4.2BQ4 ’21Q1 ’22: $256MQ2 ’22: $587MQ3 ’22: $148MQ4 ’22: $67MQ4 ’22Q1 ’23: $269MQ2 ’23: $413MQ3 ’23: $20MQ4 ’23: $58MQ4 ’23Q1 ’24: $49MQ2 ’24: $36MQ3 ’24: $76MQ4 ’24: $1.3BQ4 ’24Q1 ’25: $39MQ2 ’25: $80MQ3 ’25: $89MQ4 ’25: $2.4BQ4 ’25Q1 ’26: $108Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 58.5%Closed-End Fund: 27.5%ADR: 13.6%REIT: 0.2%Other: 0.2%ETP: 0.0%
  • Common Stock · 58.5% · $1.4B
  • Closed-End Fund · 27.5% · $648M
  • ADR · 13.6% · $322M
  • REIT · 0.2% · $5M
  • Other · 0.2% · $4M
  • ETP · 0.0% · $250,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
AMZNAMAZON COM INCNEW+438.2K438.2K+$658M$658M
AABAUSDALTABA INCNEW+10.88M10.88M+$630M$630M
GOOGALPHABET INCNEW+532.4K532.4K+$551M$551M
BABAALIBABA GROUP HLDG LTDNEW+2.35M2.35M+$322M$322M
GOOGLALPHABET INCNEW+160.2K160.2K+$167M$167M
HIGHLAND FLOATNG RATE OPPRTNEW+1.37M1.37M+$18M$18M
NXDTNEXPOINT STRATEGIC OPORTUNTNEW+266.5K266.5K+$5M$5M
DELL TECHNOLOGIES INCNEW+89.6K89.6K+$4M$4M

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

Holdings — Q4 2018

12 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGALPHABET INCCAP STK CL C · CAP STK CL A15.09%$356M343.1K
2AABAUSDALTABA INChistory →COM13.64%$322M5.55M
3AMZNAMAZON COM INChistory →COM1.22%$29M19.1K
4HIGHLAND FLOATNG RATE OPPRTSHS BEN INT0.74%$18M1.37M
5NXDTNEXPOINT STRATEGIC OPORTUNTCOM NEW0.23%$5M266.5K
6DELL TECHNOLOGIES INCCOM CL V0.19%$4M89.6K
7NIHDEURNII HLDGS INCCOM PAR0.04%$882,000200.0K
8AAPLAPPLE INCCOM0.02%$521,0003.3K
9METAFACEBOOK INCCL A0.01%$236,0001.8K
10SPDR S&P 500 ETF TRTR UNIT0.01%$125,000500
11NFLXNETFLIX INCCOM0.00%$27,000100
12REEDS INCCOM0.00%$1,000500

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$108M20May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.4B44Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$89M18Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$80M31Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$39M21May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.3B19Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$76M17Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$36M9Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$49M23May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$58M37Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$20M27Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$413M20Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$269M17May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$67M19Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$148M31Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$587M23Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$256M69May 18, 2022RESTATEMENTchanges · EDGAR ↗
Q4 2021$4.2B86Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$281M19Nov 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$78M15Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$92M20May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.6B29Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$193M34Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.7B22Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$347M12May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.4B15Jan 29, 202013F-HRchanges · EDGAR ↗
Q3 2019$141M14Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.6B16Jul 30, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.2B11May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.4B25Jan 8, 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 ↗.