Arkolith/Funds/Gambit Capital Management, LLC

Gambit Capital Management, LLC

CIK 2107464
Holdings as of Jun 30, 2026·disclosed Aug 11, 2026·~42-day 13F lag·13F-HR
Active Filer

Gambit Capital Management, LLC holds a focused book of 102 reported positions worth $171.5M as of Q2 2026 (disclosed Aug 11, 2026, a ~42-day 13F lag). This quarter they opened Inspire 500 ETF and trimmed Eli Lilly & Co. Their largest long position is Eli Lilly & Co at 17% of the reported non-option book. They also disclosed $303K in put options (a bearish bet), shown separately below and excluded from the non-option book.

How much sits in the biggest positions

Top-heavy: focused book

Top 5 holdings
46%
Top 10 holdings
59%
Top 20 holdings
72%

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

Where the money is, by sector

34% mapped to company sectors

ETFs / funds
64%
Health Care
19%
Information Technology
7%
Financials
5%
Consumer Discretionary
2%
Industrials
2%
No sector on file yet
2%
Materials
1%

+2 sectors below the cut, under 0.5% together

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 (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Gambit Capital Management, LLC

Manager / fundShared namesTheir $ in those
Innovator Capital Management, LLC8 / 80$2.9B
Donor Advised Charitable Giving, Inc.9 / 80$4.4B
Hoffman, Alan N Investment Management8 / 80$160.9M
Prospect Hill Management, LLC8 / 80$240.2M
Greenbrier Partners Capital Management, LLC8 / 80$1.2B
Draper Asset Management, LLC9 / 80$171.5M
FSA Investment Group, LLC22 / 80$264.5M
United American Securities Inc. (d/b/a UAS Asset Management)9 / 80$393.3M

Ranked by the share of each fund's own book sitting in the names it shares with Gambit Capital Management, LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

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

102 positions
#SecurityValueShares% PortLast moveHistory
1Eli Lilly & Co
COM
$30.0M25.0K
17.5%
−3.9%
Reduced · −1K sh
2State STR SPDR S&P 500 ETF T
TR UNIT
$15.5M20.8K
9.0%
+17%
Added · +3K sh
3Vanguard Index FDS
S&P 500 ETF SHS
$13.3M19.4K
7.8%
−2.0%
Reduced · −401 sh
4SPDR Series Trust
ST STR P500ETF
$12.8M146.2K
7.5%
+3.6%
Added · +5K sh
5Schwab Strategic TR
US LRG CAP ETF
$6.5M220.4K
3.8%
−2.3%
Reduced · −5K sh
6Invesco Exchange Traded FD T
S&P500 EQL WGT
$6.5M30.4K
3.8%
+12%
Added · +3K sh
7Ishares TR
MSCI USA QLT FCT
$5.5M24.9K
3.2%
+15%
Added · +3K sh
8SPDR Index SHS FDS
ST STR PO EX ETF
$4.7M93.8K
2.8%
+5.7%
Added · +5K sh
9Ishares TR
MSCI EAFE ETF
$4.2M40.2K
2.4%
−0.2%
Reduced · −80 sh
10Simplify Exchange Traded Fun
HEALTH CARE ETF
$3.0M75.9K
1.7%
+168%
Added · +48K sh
11Apple Inc
COM
$2.8M9.8K
1.7%
+6.2%
Added · +572 sh
12SPDR Series Trust
ST STR BLO 1 ETF
$2.8M30.1K
1.6%
+12%
Added · +3K sh
13Schwab Strategic TR
SHT TM US TRES
$2.6M106.6K
1.5%
+55%
Added · +38K sh
14Berkshire Hathaway Inc Del
CL B NEW
$2.2M4.4K
1.3%
+2.2%
Added · +94 sh
15SPDR Series Trust
ST STR SP600 SML
$2.2M38.5K
1.3%
+1.4%
Added · +516 sh
16Schwab Strategic TR
INTL EQTY ETF
$2.1M76.5K
1.2%
+4.2%
Added · +3K sh
17SPDR Series Trust
ST STR AGGRE ETF
$2.0M76.7K
1.1%
+7.1%
Added · +5K sh
18Microsoft Corp
COM
$1.7M4.7K
1.0%
+0.2%
Added · +8 sh
19Alphabet Inc
CAP STK CL A
$1.7M4.7K
1.0%
+9.1%
Added · +394 sh
20Nvidia Corporation
COM
$1.6M7.9K
0.9%
+11%
Added · +761 sh
21Invesco Exch TRD SLF Idx FD
BULSHS 2027 CB
$1.6M80.1K
0.9%
−5.4%
Reduced · −5K sh
22Ishares TR
RUSSELL 2000 ETF
$1.5M5.1K
0.9%
−1.5%
Reduced · −77 sh
23Amazon Com Inc
COM
$1.5M6.3K
0.9%
+4.9%
Added · +294 sh
24World Gold TR
SPDR GLD MINIS
$1.5M18.9K
0.9%
+43%
Added · +6K sh
25Schwab Strategic TR
US AGGREGATE B
$1.5M63.3K
0.9%
−0.4%
Reduced · −259 sh
26Invesco Exch TRD SLF Idx FD
BULSHS 2026 CB
$1.3M66.0K
0.8%
−19%
Reduced · −15K sh
27Ishares Ethereum TR
SHS
$1.3M107.6K
0.7%
+5.2%
Added · +5K sh
28JPMorgan Chase & Co
COM
$1.2M3.7K
0.7%
+0.4%
Added · +15 sh
29Northern LTS FD TR IV
INSPIRE 500 ETF
$1.2M4.1K
0.7%
New
New position
30Ishares TR
MSCI EMG MKT ETF
$1.1M15.9K
0.6%
−0.8%
Reduced · −138 sh
31Vanguard BD Index FDS
TOTAL BND MRKT
$1.1M14.8K
0.6%
+14%
Added · +2K sh
32State STR SPDR S&P Midcap 40
UTSER1 S&PDCRP
$1.0M1.5K
0.6%
−1.1%
Reduced · −16 sh
33Invesco Exch TRD SLF Idx FD
INVSCO BLSH 28
$1.0M49.6K
0.6%
−3.6%
Reduced · −2K sh
34Dimensional ETF Trust
US EQUI MARK ETF
$972K11.9K
0.6%
−1.8%
Reduced · −216 sh
35Api Group Corp
COM STK
$968K22.9K
0.6%
Held
36Vanguard Instl Index FD
0 3 MO TR BI ETF
$918K12.1K
0.5%
+50%
Added · +4K sh
37Vanguard Index FDS
TOTAL STK MKT
$907K2.5K
0.5%
−1.2%
Reduced · −30 sh
38Wisdomtree TR
US QTLY DIV GRT
$849K8.9K
0.5%
+2.4%
Added · +205 sh
39Vanguard Index FDS
GROWTH ETF
$787K9.1K
0.5%
+498%
Added · +8K sh
40Select Sector SPDR TR
ST STR TECHN ETF
$770K4.0K
0.4%
−1.5%
Reduced · −62 sh
41American Centy ETF TR
US SML CP VALU
$757K6.1K
0.4%
+23%
Added · +1K sh
42Schwab Strategic TR
FUNDAMENTAL INTL
$748K14.2K
0.4%
−1.2%
Reduced · −169 sh
43Ishares TR
TIPS BD ETF
$699K6.4K
0.4%
−1.0%
Reduced · −64 sh
44SPDR Series Trust
ST STR P400MID
$690K10.2K
0.4%
−1.4%
Reduced · −141 sh
45Ishares TR
3 7 YR TREAS BD
$667K5.7K
0.4%
+126%
Added · +3K sh
46Abbvie Inc
COM
$664K2.6K
0.4%
+4.1%
Added · +104 sh
47Costco Wholesale Corporation
COM
$646K691
0.4%
+2.7%
Added · +18 sh
48Vanguard Intl Equity Index F
FTSE EMR MKT ETF
$643K10.8K
0.4%
+38%
Added · +3K sh
49Tesla Inc
COM
$638K1.5K
0.4%
+8.7%
Added · +121 sh
50Schwab Strategic TR
US TIPS ETF
$637K24.0K
0.4%
+30%
Added · +5K sh
Showing 50 of 102 positions
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Largest options & derivatives disclosed

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

Put notional (bearish)$303K
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishELI LILLY & CO$303K40

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 non-option book, weighting, concentration and sector figures above.

Filing history

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

$171.8M · Q2 2026Q4 2025 · $139.8MQ2 2026 · $171.8M

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Aug 11, 202642d103$171.8M13F-HR
Q1 2026Mar 31, 2026May 14, 202644d90$145.2M13F-HR
Q4 2025Dec 31, 2025Feb 6, 202637d133$139.8M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.