SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Atlas Merchant Capital LLC

CIK 0001945789 · 477 MADISON AVENUE, 22ND FLOOR, NEW YORK, NY, 10022 · (212) 883-4310

Reported Value
$9M
Q2 2025
Positions
10
Filings on Record
15
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Atlas Merchant Capital LLC reported $9M in U.S.-listed holdings across 10 positions for Q2 2025.

The portfolio is heavily concentrated: Namib Minerals alone accounts for 53.0% of reported value.

Compared with Q1 2025, the fund opened 3 new positions and exited 12.

Portfolio Metrics

Turnover
+26.4%
vs prior filed quarter
Top-10 Concentration
+100.0%
share of reported value
Largest Position
+53.0%
Namib Minerals
New / Exited
3 / 12
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 ’22: $622MQ4 ’22Q1 ’23: $664MQ2 ’23: $549MQ2 ’23Q3 ’23: $489MQ4 ’23: $367MQ4 ’23Q1 ’24: $285MQ2 ’24: $272MQ2 ’24Q3 ’24: $106MQ4 ’24: $113MQ4 ’24Q1 ’25: $40MQ2 ’25: $9MQ2 ’25Q3 ’25: $226MQ1 ’26: $789,360Q1 ’26filingsflow.com

Portfolio Composition

By security type
Other: 82.2%Common Stock: 17.8%
  • Other · 82.2% · $7M
  • Common Stock · 17.8% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NAMIB MINERALSNEW+600.0K600.0K+$5M$5M
WEBULL CORPNEW+87.0K87.0K+$1M$1M
CID HOLDCO INCNEW+140.0K140.0K+$718,200$718,200
ISHARES TRSOLD OUT−222.2K0−$26M$0
HENNESSY CAPITAL INVST CORPSOLD OUT−500.0K0−$6M$0
WOLFSPEED INCSOLD OUT−5.00M0−$1M$0
MGNIMAGNITE INCSOLD OUT−82.5K0−$941,325$0
CZRCAESARS ENTERTAINMENT INC NESOLD OUT−35.0K0−$875,000$0

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

Holdings — Q2 2025

10 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NAMIB MINERALSSHS53.03%$5M600.0K
2WEBULL CORPORD SHS12.17%$1M87.0K
3COCHENVOY MEDICAL INChistory →CL A9.22%$788,848555.5K
4CID HOLDCO INCCOM8.40%$718,200140.0K
5LOGISTIC PROPERTIES OF THE AUSD ORD SHS7.44%$636,75493.2K
6FLDFOLD HLDGS INChistory →COM CL A5.61%$479,678113.4K
7UCFIIRON HORSE ACQUISITIONS CORPhistory →COM2.97%$254,25025.0K
8BRAND ENGAGEMENT NETWORK INCCOM0.90%$77,000175.0K
9ABPRO HLDGS INCCOM0.22%$18,62087.5K
10STARDUST PWR INCCOM0.04%$3,34917.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$789,3601May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025Under review2Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$226M7Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$9M10Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$40M19May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$113M29Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$106M48Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$272M58Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$285M72May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$367M83Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$489M104Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$549M122Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$664M144May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$622M184Feb 14, 202313F-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 ↗.