SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Ursa Fund Management, LLC

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

Reported Value
$78M
Q2 2021
Positions
15
Filings on Record
31
2019–present window
Filed
Aug 16, 2021
original filing

Summary

Ursa Fund Management, LLC reported $78M in U.S.-listed holdings across 15 positions for Q2 2021.

Its largest position, Brookfield Propert, represents 12.1% of the portfolio.

Compared with Q1 2021, the fund opened 8 new positions and exited 14.

Portfolio Metrics

Turnover
+84.0%
vs prior filed quarter
Largest Position
+12.1%
Brookfield Propert
New / Exited
8 / 14
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: $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
Other: 39.7%ETP: 31.4%Common Stock: 15.1%Closed-End Fund: 13.2%Right: 0.5%
  • Other · 39.7% · $31M
  • ETP · 31.4% · $25M
  • Common Stock · 15.1% · $12M
  • Closed-End Fund · 13.2% · $10M
  • Right · 0.5% · $416,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR S&P 500 ETF TRNEW+57.5K57.5K+$25M$25M
META MATERIALS INCNEW+1.45M1.45M+$11M$11M
MDPUSDMEREDITH CORPNEW+188.9K188.9K+$8M$8M
AON PLCNEW+30.3K30.3K+$7M$7M
CRFCORNERSTONE TOTAL RETURN FDNEW+463.1K463.1K+$5M$5M
CLMCORNERSTONE STRATEGIC VALUENEW+438.5K438.5K+$5M$5M
BROOKFIELD PPTY REIT INCNEW+186.2K186.2K+$4M$4M
BST-RBLACKROCK SCIENCE & TECHNOLONEW+629.6K629.6K+$416,000$416,000

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

Holdings — Q2 2021

9 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BROOKFIELD PROPERTUNIT LTD PARTN12.13%$9M501.0K
2MDPUSDMEREDITH CORPhistory →COM10.48%$8M188.9K
3CRFCORNERSTONE TOTAL RETURN FDhistory →COM6.71%$5M463.1K
4CLMCORNERSTONE STRATEGIC VALUEhistory →COM6.50%$5M438.5K
5BROOKFIELD PPTY REIT INCCL A4.49%$4M186.2K
6IOUSDION GEOPHYSICAL CORPhistory →COM NEW2.80%$2M1.05M
7BST-RBLACKROCK SCIENCE & TECHNOLORIGHT 07/14/20210.53%$416,000629.6K
8QSQUANTUMSCAPE CORPCOM CL A0.19%$149,0005.1K
9META MATERIALS INCCOM0.03%$20,0002.6K

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 ↗.