Managers / Q3 2024
Sea Otter Advisors LLC
CIK 0001944662 · 1111 BRICKELL AVENUE, SUITE 2920, MIAMI, FL, 33131 · 646-762-9972
Summary
Sea Otter Advisors LLC reported $2M in U.S.-listed holdings across 5 positions for Q3 2024.
Its largest position, Bitcoin Depot, represents 19.8% of the portfolio.
Compared with Q2 2024, the fund opened 0 new positions and exited 42.
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, 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
Portfolio Composition
- Common Stock · 79.3% · $1M
- Other · 20.7% · $369,396
Quarter-over-Quarter Changes full breakdown →
vs Q2 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CLMCORNERSTONE STRATEGIC VALUE | SOLD OUT | −500.0K | 0 | −$4M | $0 |
| XRSFXRIVERNORTH CAP AND INCM FD I | SOLD OUT | −120.0K | 0 | −$2M | $0 |
| IFNINDIA FD INC | SOLD OUT | −66.0K | 0 | −$1M | $0 |
| SABLE OFFSHORE CORP | SOLD OUT | −187.3K | 0 | −$799,600 | $0 |
| CRFCORNERSTONE TOTAL RETURN FD | SOLD OUT | −100.0K | 0 | −$785,000 | $0 |
| BTCOINVESCO GALAXY BITCOIN ETF | SOLD OUT | −12.2K | 0 | −$728,950 | $0 |
| GP-ACT III ACQUISITION CORP | SOLD OUT | −50.0K | 0 | −$500,999 | $0 |
| FSCOFS CREDIT OPPORTUNITIES CORP | SOLD OUT | −60.0K | 0 | −$382,200 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BITCOIN DEPOT INC | COM | 19.84% | $353,670 | 223.8K |
| 2 | NIKOLA CORP | COM NEW | 1.37% | $24,425 | 5.3K |
| 3 | COMPASS DIGITAL ACQUISITN CO | *W EXP 99/99/999 | 0.88% | $15,726 | 257.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2024 | $2M | 5 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $14M | 47 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $21M | 116 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $151M | 196 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $179M | 264 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $180M | 265 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $196M | 276 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $67M | 76 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $48M | 52 | Nov 14, 2022 | 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 ↗.