SEC 13F Intelligence

Managers / Q1 2026

Gambit Capital Management, LLC

CIK 0002107464 · 6613 HASTINGS LANE, FRANKLIN, TN, 37069 · 6514279001

Reported Value
$145M
Q1 2026
Positions
90
Filings on Record
2
2019–present window
Filed
May 14, 2026
original filing

Summary

Gambit Capital Management, LLC reported $145M in U.S.-listed holdings across 90 positions for Q1 2026.

Its largest position, LLY, represents 16.5% of the portfolio.

Compared with Q4 2025, the fund opened 13 new positions and exited 9.

Portfolio Metrics

Turnover
+16.6%
vs prior filed quarter
Top-10 Concentration
+57.6%
share of reported value
Largest Position
+16.5%
Eli Lilly
New / Exited
13 / 9
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 ’25: $140MQ4 ’25Q1 ’26: $145MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 65.2%Common Stock: 30.8%Other: 4.0%
  • ETP · 65.2% · $95M
  • Common Stock · 30.8% · $45M
  • Other · 4.0% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INVESCO EXCHANGE TRADED FD TNEW+27.1K27.1K+$5M$5M
ELI LILLY & CONEW+3.0K3.0K+$3M$3M
SPDR SERIES TRUSTNEW+26.9K26.9K+$2M$2M
STATE STR SPDR S&P 500 ETF TNEW+3.3K3.3K+$2M$2M
SCHWAB STRATEGIC TRNEW+68.8K68.8K+$2M$2M
ETHAISHARES ETHEREUM TRNEW+102.2K102.2K+$2M$2M
VANGUARD BD INDEX FDSNEW+13.0K13.0K+$957,025$957,025
STATE STR SPDR S&P 500 ETF TNEW+1.3K1.3K+$845,442$845,442

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

Holdings — Q1 2026

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LLYELI LILLY & COhistory →COM16.47%$24M26.0K
2SPDR SERIES TRUSTSTATE STREET SPD12.08%$18M288.0K
3VUGVANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · GROWTH ETF9.16%$13M23.8K
4STATE STR SPDR S&P 500 ETF TTR UNIT7.92%$11M17.7K
5SCHWAB STRATEGIC TRUS LRG CAP ETF · INTL EQTY ETF · SHT TM US TRES · US AGGREGATE B · FUNDAMENTAL INTL7.88%$11M445.8K
6ISHARES TRMSCI USA QLT FCT · MSCI EAFE ETF · RUSSELL 2000 ETF · MSCI EMG MKT ETF · TIPS BD ETF7.58%$11M89.8K
7INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT3.58%$5M27.1K
8INVESCO EXCH TRD SLF IDX FDBULSHS 2027 CB · BULSHS 2026 CB · INVSCO BLSH 282.96%$4M217.3K
9SPDR INDEX SHS FDSSTATE STREET SPD2.79%$4M88.7K
10AAPLAPPLE INChistory →COM1.62%$2M9.2K
11BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.43%$2M4.3K
12MSFTMICROSOFT CORPhistory →COM1.19%$2M4.7K
13ETHAISHARES ETHEREUM TRhistory →SHS1.11%$2M102.2K
14AMZNAMAZON COM INCCOM0.87%$1M6.0K
15GOOGLALPHABET INCCAP STK CL A0.86%$1M4.3K
16NVDANVIDIA CORPORATIONCOM0.86%$1M7.1K
17WORLD GOLD TRSPDR GLD MINIS0.85%$1M13.3K
18JPMJPMORGAN CHASE & COCOM0.75%$1M3.7K
19VANGUARD BD INDEX FDSTOTAL BND MRKT0.66%$957,02513.0K
20SIMPLIFY EXCHANGE TRADED FUNHEALTH CARE ETF0.66%$953,45328.3K
21APGAPI GROUP CORPCOM STK0.64%$926,00422.9K
22MDYSTATE STR SPDR S&P MIDCAP 40UTSER1 S&PDCRP0.63%$919,7261.5K
23DFUSUSDDIMENSIONAL ETF TRUSTUS EQUITY MARKET0.59%$856,30912.1K
24WISDOMTREE TRUS QTLY DIV GRT0.52%$761,8368.7K
25COSTCOSTCO WHOLESALE CORPORATIONCOM0.46%$670,598673
26VANGUARD INSTL INDEX FD0-3 MO TREAS BIL0.42%$611,8578.1K
27PIMCO ETF TRENHAN SHRT MA AC0.42%$607,5396.0K
28METAMETA PLATFORMS INCCL A0.39%$570,986998
29SCHWSCHWAB CHARLES CORPCOM0.38%$554,3885.9K
30ABBVABBVIE INCCOM0.38%$551,5542.5K
31SELECT SECTOR SPDR TRSTATE STREET TEC0.38%$545,0234.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$145M90May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$140M133Feb 6, 202613F-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 ↗.