Arkolith/Funds/Bluefin Capital Management, LLC

Bluefin Capital Management, LLC

CIK 1144208
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Bluefin Capital Management, LLC holds a focused book of 76 stocks worth $103.2M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Alpha Architect 1-3 MNTH Box and trimmed Coreweave Inc-CL A. Their largest long position is Coreweave Inc-CL A at 21% of the equity book. They also disclosed $20.2M in put options (a bearish bet) and $32.5M in call options (bullish), shown separately below and excluded from the equity book. Cloning the disclosed picks since 2020 would be +86% (+11.5%/yr). That is a simulation of the disclosed long book, not audited returns.

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Use Arkolith to show BLUEFIN CAPITAL MANAGEMENT, LLC's latest
holdings, largest changes, and filing provenance.
Opened
39
new positions
Added to
8
existing
Trimmed
27
reduced
Sold out
77
exited

Growth of $10,000: cloning the disclosed book

If you'd copied them
+86.5%
+11.5%/yr · since Nov '20
Their reported book
+59.8%
held from quarter-end
S&P 500
+122.3%
same window
$10K$13K$16K$19K$23KNov '20Jan '22Mar '23Apr '24Jun '25Jul '26
Bluefin Capital Management, LLC (copied at disclosure) S&P 500

Following at the filing date actually beat the quarter-end book by 26.7 points over this window.

Growth of $10,000 cloning Bluefin Capital Management, LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

Concentration

Top-heavy: focused book

Top 5 holdings
52%
Top 10 holdings
63%
Top 20 holdings
80%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

65% mapped to company sectors

ETF / fund or unclassified
35%
Information Technology
27%
Financials
14%
Industrials
5%
Health Care
4%
Consumer Discretionary
4%
Communication Services
4%
Utilities
3%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

76 positions
#SecurityValueShares% PortLast moveHistory
1Coreweave Inc
COM CL A
$21.3M275.3K
20.7%
−73%
Reduced · −735K sh
2Ea Series Trust
ALPHA ARCH 1-3
$10.5M90.0K
10.1%
New
New position
3SPDR Series Trust
STATE STREET SPD
$9.6M104.7K
9.3%
New
New position
4State STR SPDR S&P 500 ETF T
TR UNIT
$7.2M11.1K
7.0%
−85%
Reduced · −62K sh
5SPDR Gold TR
GOLD SHS
$5.2M12.0K
5.0%
−1.6%
Reduced · −200 sh
6Cogent Comm Holdings Inc
COM NEW
$2.5M132.3K
2.4%
−16%
Reduced · −26K sh
7Core Scientific Inc New
*W EXP 01/23/202
$2.4M272.4K
2.3%
+67%
Added · +109K sh
8Cohen & Steers Infrastructur
COM
$2.4M91.7K
2.3%
−9.0%
Reduced · −9K sh
9Invesco QQQ TR
UNIT SER 1
$2.3M4.0K
2.2%
−91%
Reduced · −41K sh
10Energy Transfer L P
COM UT LTD PTN
$2.2M114.1K
2.1%
−50%
Reduced · −114K sh
11United Parcel Svcs Inc
CL B
$2.2M22.0K
2.1%
−3.9%
Reduced · −900 sh
12Plains All Amern Pipeline L
UNIT LTD PARTN
$2.1M92.1K
2.0%
New
New position
13Citigroup Inc
COM NEW
$2.0M17.2K
1.9%
New
New position
14Disney Walt Co
COM
$1.7M18.1K
1.7%
+311%
Added · +14K sh
15California Res Corp
COM STOCK
$1.6M23.3K
1.6%
New
New position
16Riot Platforms Inc
COM
$1.6M129.9K
1.6%
New
New position
17Ishares TR
PFD AND INCM SEC
$1.5M49.2K
1.4%
New
New position
18International Business Machs
COM
$1.4M6.0K
1.4%
+498%
Added · +5K sh
19Wendys Co
COM
$1.3M193.7K
1.3%
New
New position
20Unitedhealth Group Inc
COM
$1.3M4.7K
1.2%
New
New position
21Pfizer Inc
COM
$1.1M39.8K
1.1%
−45%
Reduced · −33K sh
22Rio Tinto PLC
SPONSORED ADR
$961K10.3K
0.9%
New
New position
23Vaneck ETF Trust
JUNIOR GOLD MINE
$924K7.7K
0.9%
+54%
Added · +3K sh
24Micron Technology Inc
COM
$906K2.7K
0.9%
New
New position
25Chipotle Mexican Grill Inc
COM
$874K27.3K
0.8%
−97%
Reduced · −768K sh
26Atkore Inc
COM
$866K14.7K
0.8%
New
New position
27Integer Hldgs Corp
COM
$734K8.3K
0.7%
New
New position
28Jetblue Airways Corp
COM
$707K160.0K
0.7%
New
New position
29Circle Internet Group Inc
COM CL A
$677K7.1K
0.7%
New
New position
30Alphabet Inc
CAP STK CL A
$643K2.2K
0.6%
−60%
Reduced · −3K sh
31Taiwan Semiconductor Manufac
SPONSORED ADS
$639K1.9K
0.6%
−67%
Reduced · −4K sh
32Bristol-Myers Squibb Co
COM
$625K10.3K
0.6%
−89%
Reduced · −87K sh
33Mbia Inc
COM
$573K97.0K
0.6%
+41%
Added · +28K sh
34Vaneck ETF Trust
GOLD MINERS ETF
$514K5.6K
0.5%
New
New position
35Greystone Housing Impact Inv
BEN UNIT CTF
$508K103.2K
0.5%
Held
36Merck & Co Inc
COM
$481K4.0K
0.5%
New
New position
37Clearwater Analytics Hldgs I
CL A
$473K20.0K
0.5%
Held
38Bill Holdings Inc
COM
$437K11.4K
0.4%
New
New position
39Echostar Corp
CL A
$410K3.5K
0.4%
+17%
Added · +500 sh
40Gold Fields Ltd
SPONSORED ADR
$409K9.0K
0.4%
New
New position
41Brighthouse Finl Inc
COM
$395K6.6K
0.4%
New
New position
42Rocket Lab Corp
COM
$385K6.0K
0.4%
New
New position
43Aes Corp
COM
$369K26.2K
0.4%
New
New position
44Ast Spacemobile Inc
COM CL A
$365K4.4K
0.4%
New
New position
45Vale S A
SPONSORED ADS
$363K22.8K
0.4%
−90%
Reduced · −204K sh
46Versant Media Group Inc
COM CL A
$358K9.7K
0.3%
New
New position
47Sandisk Corp
COM
$357K562
0.3%
New
New position
48Progressive Corp
COM
$357K1.8K
0.3%
−79%
Reduced · −7K sh
49Cme Group Inc
COM
$325K1.1K
0.3%
New
New position
50Oaktree Specialty Lending
COM
$288K25.5K
0.3%
−0.4%
Reduced · −100 sh
Showing 50 of 76 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$20.2M
Call notional (bullish)$32.5M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishCOREWEAVE INC-CL ACRWV$18.5M1.8M
CALL · bullishLENDINGCLUB CORPLC$9.9M195K
PUT · bearishLENDINGCLUB CORPLC$9.7M195K
PUT · bearishCOREWEAVE INC-CL ACRWV$4.8M1.2M
CALL · bullishELECTRONIC ARTS INCEA$2.0M317K
PUT · bearishWARNER BROS DISCOVERY INCWBD$1.4M2.4M
PUT · bearishSS SPDR S&P 500 ETF TRUST-USSPY$1.2M113K
PUT · bearishSOUTHERN CO/THESO$1.0M335K
PUT · bearishEVERSOURCE ENERGYES$880K4K
CALL · bullishWARNER BROS DISCOVERY INCWBD$753K1.5M
PUT · bearishINVESCO QQQ TRUST SERIES 1QQQ$669K45K
CALL · bullishSPDR GOLD SHARESGLD$478K40K
CALL · bullishSS SPDR S&P 500 ETF TRUST-USSPY$267K266K
CALL · bullishCORE SCIENTIFIC INCCORZ$231K40K
PUT · bearishELECTRONIC ARTS INCEA$153K359K
PUT · bearishSPDR GOLD SHARESGLD$147K25K
PUT · bearishISHARES MSCI SOUTH KOREA ETFEWY$97K20K
PUT · bearishWENDY'S CO/THEWEN$69K462K
CALL · bullishISHARES MSCI SOUTH KOREA ETFEWY$65K20K
PUT · bearishCOGENT COMMUNICATIONS HOLDINCCOI$62K32K
CALL · bullishCOGENT COMMUNICATIONS HOLDINCCOI$58K524K
CALL · bullishVANECK GOLD MINERS ETFGDX$58K10K
CALL · bullishRIOT PLATFORMS INCRIOT$41K140K
PUT · bearishPARAMOUNT SKYDANCE CL BPSKY$37K10K
CALL · bullishISHARES BITCOIN TRUST ETFIBIT$24K150K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above. Showing the largest 25 of 45 option legs.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 2026127$155.9M13F-HR
Q4 2025Dec 31, 2025Apr 29, 2026198$403.8M13F-HR
Q3 2025Sep 30, 2025Apr 29, 202691$312.5M13F-HR
Q2 2025Jun 30, 2025Aug 14, 2025140$132.6M13F-HR
Q1 2025Mar 31, 2025May 21, 2025106$138.6M13F-HR
Q3 2024Sep 30, 2024Nov 14, 2024123$330.9M13F-HR
Q2 2024Jun 30, 2024Sep 10, 2024110$420.0M13F-HR
Q1 2024Mar 31, 2024May 20, 2024139$644.7M13F-HR/A
Q4 2023Dec 31, 2023Feb 16, 2024251$1.2B13F-HR
Q3 2023Sep 30, 2023Nov 14, 2023194$1.2B13F-HR
Q2 2023Jun 30, 2023Sep 11, 2023168$523.7M13F-HR/A
Q1 2023Mar 31, 2023May 15, 2023230$804.3M13F-HR
Q4 2022Dec 31, 2022Feb 14, 2023497$672.9M13F-HR
Q3 2022Sep 30, 2022Nov 14, 2022571$1.1B13F-HR
Q2 2022Jun 30, 2022Aug 15, 2022596$904.4M13F-HR
Q1 2022Mar 31, 2022May 16, 2022669$1.1B13F-HR
Q4 2021Dec 31, 2021Feb 14, 2022952$1.4B13F-HR
Q3 2021Sep 30, 2021Nov 15, 2021754$1.0B13F-HR
Q2 2021Jun 30, 2021Aug 18, 2021685$1.6B13F-HR/A
Q1 2021Mar 31, 2021May 17, 2021766$2.1B13F-HR
Q4 2020Dec 31, 2020Feb 10, 2021702$1.7B13F-HR
Amended / restated
  • Q1 2024 · filed May 15, 202413F-HR · superseded
  • Q2 2023 · filed Aug 14, 202313F-HR · superseded
  • Q2 2021 · filed Aug 16, 202113F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.