SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Ursa Fund Management, LLC

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

Reported Value
$4.2B
Q4 2021
Positions
86
Filings on Record
31
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Ursa Fund Management, LLC reported $4.2B in U.S.-listed holdings across 86 positions for Q4 2021.

Its largest position, TSLA, represents 6.8% of the portfolio.

Compared with Q3 2021, the fund opened 73 new positions and exited 5.

Portfolio Metrics

Turnover
+9.3%
vs prior filed quarter
Top-10 Concentration
+11.2%
share of reported value
Largest Position
+6.8%
Tesla
New / Exited
73 / 5
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
Common Stock: 99.0%Other: 1.0%REIT: 0.1%Unit: 0.0%Equity WRT: 0.0%
  • Common Stock · 99.0% · $4.2B
  • Other · 1.0% · $41M
  • REIT · 0.1% · $2M
  • Unit · 0.0% · $253,000
  • Equity WRT · 0.0% · $86,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TSLATESLA INCNEW+648.0K648.0K+$685M$685M
AMZNAMAZON COM INCNEW+68.4K68.4K+$228M$228M
BABOEING CONEW+200.0K200.0K+$40M$40M
TAT&T INCNEW+1.17M1.17M+$30M$30M
FAR PEAK ACQUISITION CORPNEW+758.8K758.8K+$8M$8M
SPWHSPORTSMANS WHSE HLDGS INCNEW+275.0K275.0K+$3M$3M
RETAIL VALUE INCNEW+335.9K335.9K+$2M$2M
MMM3M CONEW+11.0K11.0K+$2M$2M

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

Holdings — Q4 2021

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TSLATESLA INChistory →COM6.83%$290M274.0K
2AMZNAMAZON COM INChistory →COM2.69%$114M34.2K
3PERSHING SQUARE TONTINE HLDGCOM CL A · *W EXP 07/24/2020.82%$35M2.72M
4BABOEING COhistory →COM0.47%$20M100.0K
5TAT&T INCCOM0.10%$4M176.0K
6SPWHSPORTSMANS WHSE HLDGS INCCOM0.08%$3M275.0K
7MIC2USDMACQUARIE INFRASTR HOLD LLCCOMMON UNITS0.06%$2M674.0K
8RETAIL VALUE INCCOM0.05%$2M335.9K
9MMM3M COCOM0.05%$2M11.0K
10SIRIUSPOINT LTDCOM0.02%$890,000121.8K
11LIONHEART ACQUISITION CORP I*W EXP 02/14/2020.01%$602,0001.12M
12MDH ACQUISITION CORPCOM CL A0.01%$340,00034.7K
13BLUE APRON HLDGS INCCL A NEW0.01%$295,00043.9K
14LIBERTY RES ACQUISITION CORPUNIT 10/31/20280.01%$257,00025.0K
15HUNT COMPANIES ACQUISITIOUNIT 99/99/99990.01%$254,00025.0K
16PERCEPTION CAPITAL CORP IICLASS A ORD0.01%$254,00025.0K
17ASCENDANT DIGITAL ACQ CORP ICL A COM0.01%$254,00025.0K
18ROTH CH ACQUISITION V COUNIT 12/10/20260.01%$253,00025.0K
19CNGLUCANNA GLOBAL ACQUISITION CORUNIT 11/30/20260.01%$253,00025.0K
20GOGREEN INVESTMENTS CORPUNIT 99/99/99990.01%$253,00025.0K
21VISION SENSING ACQUISITION CUNIT 10/21/20260.01%$252,00025.0K
22DUNE ACQUISITION CORPCOM CL A0.01%$248,00025.0K
23ARTISAN ACQUISITION CORPCLASS A ORD SHS0.01%$248,00025.0K
24CROWN PROPTECH ACQUISITIONSSHS CL A0.01%$248,00025.0K
25QUEENS GAMBIT GROWTH CAPITALCL A SHS0.01%$248,00025.0K
26ADIT EDTECH ACQUISITION CORPCOMMON STOCK0.01%$248,00025.0K
27GROWTH CAP ACQUISITION CORPCL A0.01%$248,00025.0K
28G SQUARED ASCEND I INCSHS CL A0.01%$247,00025.0K
29ASTREA ACQUISITION CORPCOM CL A0.01%$247,00025.0K
30FIRSTMARK HORIZON ACQUISITIOCL A COM0.01%$247,00025.0K
31TAILWIND TWO ACQUISITION CORSHS CL A0.01%$247,00025.0K
32TUATARA CAPITAL ACQUISITN COCL A SHS0.01%$247,00025.0K
3326 CAPITAL ACQUISITION CORPCOM CL A0.01%$246,00025.0K
34MOTIVE CAPITAL CORP*W EXP 12/31/2020.01%$246,00025.0K
35APOLLO STRATEGIC GROWTH CAPTSHS CL A0.01%$245,00025.0K
36SILVER CREST ACQUISITION CORCL A SHS0.01%$245,00025.0K
37NORTH ATLANTIC ACQUISITN CORCL A SHS0.01%$245,00025.0K
38PONTEM CORPORATIONSHS CL A0.01%$245,00025.0K

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 ↗.