Arkolith/Funds/Warberg Asset Management LLC

Warberg Asset Management LLC

CIK 1597506
Holdings as of Jun 30, 2026·disclosed Aug 11, 2026·~42-day 13F lag·13F-HR
Active Filer

Warberg Asset Management LLC holds a focused book of 145 stocks worth $337.5M as of Q2 2026 (disclosed Aug 11, 2026, a ~42-day 13F lag). This quarter they opened Granite Construction Inc and trimmed Lci Industries. Their largest long position is Granite Construction Inc at 14% of the equity book. They also disclosed $204.4M in put options (a bearish bet) and $9.2M in call options (bullish), shown separately below and excluded from the equity book. Cloning the disclosed picks since 2024 would be +16% (+8.6%/yr). That is a simulation of the disclosed long book, not audited returns.

Opened
343
bought for the first time
Added to
21
already held, bought more
Trimmed
46
sold some, still holds it
Sold out
62
exited the position entirely

Growth of $10,000: cloning the disclosed book

If you'd copied them
+15.7%
+8.6%/yr · since Nov '24
Their reported book
+31.3%
held from quarter-end
S&P 500
+33.1%
same window
$9K$11K$13K$15K$17KNov '24Mar '25Jul '25Dec '25Apr '26Aug '26
Warberg Asset Management LLC (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +31.3%, a 15.7-point gap that is the cost of the ~42-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Warberg Asset Management LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~42 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
46%
Top 10 holdings
62%
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

15% mapped to company sectors

ETF / fund or unclassified
85%
Financials
8%
Information Technology
5%
Health Care
1%
Materials
0%
Energy
0%
Consumer Staples
0%
Industrials
0%

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
  • GRANITE CONSTRUCTION INCGVA 3.75 05/15/28
    New$46.9M
  • ASTRONICS CORPATRO 5.5 03/15/30
    +326%$24.0M
  • New$15.3M
  • GUARDANT HEALTH INCGH 1.25 02/15/31
    New$12.6M
  • HP ENTERPRISE COHPE 7.625 09/01/27
    New$11.7M
  • MICROCHIP TECHNOLOGY INCMCHP 1.625 02/15/27
    +38%$11.5M
Trimmed / exited
  • OCCIDENTAL PETROLEUM-CW27OXY/WS
    −97%$12.5M
  • HALOZYME THERAPEUTICS INHALO 1 08/15/28
    −42%$3.6M
  • SNOWFLAKE INCSNOW 0 10/01/29
    −50%$3.5M
  • WISDOMTREE INCWT 3.25 08/15/29
    −67%$2.5M
  • AKAMAI TECHNOLOGIES INCAKAM 1.125 02/15/29
    −40%$1.2M
  • LCI INDUSTRIESLCII 3 03/01/30
    −15%$1.1M

Funds with the most overlap

Other tracked managers holding the same core names as Warberg Asset Management LLC

Manager / fundShared namesTheir $ in those
MORGAN STANLEY60 / 80$1.0B
UBS Group AG45 / 80$942.9M
BNP PARIBAS FINANCIAL MARKETS42 / 80$675.2M
TWO SIGMA INVESTMENTS, LP40 / 80$1.7B
WELLS FARGO & COMPANY/MN39 / 80$458.0M
JPMORGAN CHASE & CO38 / 80$2.6B
ROYAL BANK OF CANADA36 / 80$346.9M
BlackRock, Inc.34 / 80$5.7B

Ranked by how many of Warberg Asset Management LLC's top 80 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

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

145 positions
#SecurityValueShares% PortLast moveHistory
1Granite Constr Inc
NOTE 3.750% 5/1
$46.9M14.10M
13.9%
New
New position
2Microchip Technology Inc.
NOTE 1.625% 2/1
$42.0M15.28M
12.5%
+38%
Added · +4.2M sh
3Astronics Corp
NOTE 5.500% 3/1
$31.3M7.18M
9.3%
+326%
Added · +5.5M sh
4Live Nation Entertainment In
NOTE 3.125% 1/1
$19.0M10.68M
5.6%
+0.2%
Added · +26K sh
5Nextnav Inc
COMMON STOCK
$15.3M859.8K
4.5%
New
New position
6Cornerstone Strategic Invest
COM
$13.9M1.84M
4.1%
+76%
Added · +795K sh
7Guardant Health Inc
DEBT 1.250% 2/1
$12.6M5.00M
3.7%
New
New position
8Hewlett Packard Enterprise C
7.625 MAND CONV
$11.7M100.2K
3.5%
New
New position
9TXNM Energy Inc
NOTE 5.750% 6/0
$8.9M6.81M
2.6%
+36%
Added · +1.8M sh
10Liberty Media Corp Del
NOTE 3.750% 3/1
$8.6M7.50M
2.5%
New
New position
11Core Scientific Inc New
*W EXP 01/23/202
$7.2M385.0K
2.1%
+44%
Added · +117K sh
12Ormat Technologies Inc
NOTE 2.500% 7/1
$7.2M5.70M
2.1%
New
New position
13Apollo Global Mgmt Inc
SER A MAND CNV
$6.7M110.6K
2.0%
New
New position
14Lumentum Hldgs Inc
NOTE 0.500% 6/1
$6.7M1.02M
2.0%
New
New position
15Lci Inds
NOTE 3.000% 3/0
$6.2M5.50M
1.8%
−15%
Reduced · −1.0M sh
16Alnylam Pharmaceuticals Inc
NOTE 1.000% 9/1
$6.0M5.00M
1.8%
Held
17Akamai Technologies Inc
NOTE 0.250% 5/1
$5.1M3.50M
1.5%
New
New position
18Halozyme Therapeutics Inc
NOTE 1.000% 8/1
$5.1M3.50M
1.5%
−42%
Reduced · −2.5M sh
19Jazz Investments I Ltd
NOTE 3.125% 9/1
$4.3M2.50M
1.3%
New
New position
20A10 Networks Inc
NOTE 2.750% 4/0
$4.2M2.50M
1.3%
New
New position
21Mirum Pharmaceuticals Inc
NOTE 4.000% 5/0
$3.9M1.04M
1.1%
New
New position
22Snowflake Inc
NOTE 10/0
$3.5M2.00M
1.0%
−50%
Reduced · −2.0M sh
23Fluor Corp
NOTE 1.125% 8/1
$3.3M2.50M
1.0%
New
New position
24Epr Pptys
PFD C CV 5.75%
$2.9M115.0K
0.9%
+15%
Added · +15K sh
25Evergy Inc
NOTE 4.500%12/1
$2.5M1.75M
0.7%
+49%
Added · +578K sh
26Century Alum Co
NOTE 2.750% 5/0
$2.5M1.00M
0.7%
+432%
Added · +812K sh
27Uber Technologies Inc
NOTE 0.875%12/0
$2.3M1.95M
0.7%
Held
28Stereotaxis Inc
COM NEW
$1.9M1.11M
0.6%
+1.3%
Added · +15K sh
29Post Hldgs Inc
NOTE 2.500% 8/1
$1.8M1.73M
0.5%
−14%
Reduced · −272K sh
30Akamai Technologies Inc
NOTE 1.125% 2/1
$1.8M1.50M
0.5%
−40%
Reduced · −1.0M sh
31Epr Pptys
CONV PFD 9% SR E
$1.7M54.4K
0.5%
+10%
Added · +5K sh
32Albemarle Corp
7.25% DEP SHS A
$1.7M30.3K
0.5%
−21%
Reduced · −8K sh
33FG Imperii Acquisition Corp
ORD SHS CL A
$1.5M149.9K
0.4%
−3.2%
Reduced · −5K sh
34Bank Of Amer Corp
7.25%CNV PFD L
$1.5M1.2K
0.4%
−21%
Reduced · −320 sh
35Xsolla Spac 1
USD CL A ORD SHS
$1.4M138.7K
0.4%
−3.0%
Reduced · −4K sh
36Wisdomtree Inc
NOTE 3.250% 8/1
$1.2M829.0K
0.4%
−67%
Reduced · −1.7M sh
37Vendome Acquisition Corp I
COM CL A
$1.1M111.2K
0.3%
−6.5%
Reduced · −8K sh
38Collective Acquisition Corp
UNIT 04/27/2031
$1.0M99.7K
0.3%
New
New position
39Praetorian Acquisition Corp
ORD SHS CL A
$993K100.0K
0.3%
Held
40Revolution Medicines Inc
*W EXP 12/17/202
$889K94.8K
0.3%
New
New position
41New England Rlty Assoc Ltd P
DEPOSITRY RCPT
$886K15.1K
0.3%
−15%
Reduced · −3K sh
42Kimco Realty Corp
DP CV CL N 7.25%
$862K13.7K
0.3%
New
New position
43Origin Invt Corp I
ORD SHS
$862K83.6K
0.3%
Held
44Black Hawk Acquisition Corp
USD CL A SHS
$857K71.9K
0.3%
−0.6%
Reduced · −400 sh
45D Boral Acquisition I Corp
ORD SHS CL A
$766K76.9K
0.2%
−0.2%
Reduced · −149 sh
46Kochav Defense Acqui Co
SHS CL A
$758K73.1K
0.2%
−4.8%
Reduced · −4K sh
47X3 Acquisition Corp Ltd
ORD SHS CL A
$749K75.0K
0.2%
Held
48Acp Holdings Acquisition Cor
CL A
$737K74.2K
0.2%
New
New position
49Vine Hill Cap Invts Corp II
CL A
$704K70.5K
0.2%
~0%
Reduced · −3 sh
50RF Acquisition Corp III
ORD SHS
$692K69.9K
0.2%
−0.1%
Reduced · −51 sh
Showing 50 of 145 positions
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Largest options & derivatives disclosed

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

Put notional (bearish)$204.4M
Call notional (bullish)$9.2M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishSS SPDR S&P 500 ETF TRUST-USSPY$172.2M231K
PUT · bearishINVESCO QQQ TRUST SERIES 1QQQ$14.0M19K
PUT · bearishNVIDIA CORPNVDA$4.4M22K
PUT · bearishISHARES 20+ YEAR TREASURY BDTLT$3.5M41K
CALL · bullishSS SPDR S&P 500 ETF TRUST-USSPY$3.0M4K
PUT · bearishVANECK SEMICONDUCTOR ETFSMH$2.6M4K
PUT · bearishROUNDHILL ETF TRUST$1.6M21K
CALL · bullishUNITED AIRLINES HOLDINGS INCUAL$1.4M10K
PUT · bearishSTARBUCKS CORPSBUX$1.2M12K
PUT · bearishESPERION THERAPEUTICS INCESPR$1.2M374K
CALL · bullishISHARES SILVER TRUSTSLV$1.1M22K
CALL · bullishPAYPAL HOLDINGS INCPYPL$1.1M25K
CALL · bullishVANECK SEMICONDUCTOR ETFSMH$918K1K
PUT · bearishCRITICAL METALS CORPCRML$822K80K
CALL · bullishINTEL CORPINTC$768K6K
PUT · bearishCORNING INCGLW$766K3K
PUT · bearishSPACE EXPLORATION TECHN CORP$683K4K
PUT · bearishAMPRIUS TECHNOLOGIES INCAMPX$638K46K
PUT · bearishACM RESEARCH INC-CLASS AACMR$508K4K
CALL · bullishIPATH SERIES B S&P 500 VIXVXX$442K20K
CALL · bullishAMPLITECH GROUP INCAMPG$285K41K
PUT · bearishUNITED STATES OIL FUND LPUSO$213K2K
CALL · bullishP G & E CORPPCG$168K10K
PUT · bearishDIGI POWER X INCDGXX$136K25K
CALL · bullishPRAIRIE OPERATING COPROP$35K49K

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.

Filing history

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

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 11, 2026170$551.1M13F-HR
Q1 2026Mar 31, 2026May 7, 2026192$599.6M13F-HR
Q4 2025Dec 31, 2025Feb 13, 2026181$831.2M13F-HR
Q3 2025Sep 30, 2025Nov 6, 2025188$626.9M13F-HR
Q2 2025Jun 30, 2025Aug 12, 2025182$643.2M13F-HR
Q1 2025Mar 31, 2025May 9, 2025191$605.4M13F-HR
Q4 2024Dec 31, 2024Feb 13, 2025198$655.5M13F-HR
Q3 2024Sep 30, 2024Nov 6, 2024209$562.1M13F-HR

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.