SABBY MANAGEMENT, LLC Hedge Fund

Location: Miami Beach, FL

CIK: 0001535610 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value: $86.45M (100.0% shares, 0.0% debt)

Holdings (39)

— ISHARES TR 23.3%

Value $20.18M Shares 834 Share Price $24196.00 Est. Cost/Share — Unrealized @ Report Date —

— SPDR S&P 500 ETF 20.0%

Value $17.25M Shares 259 Share Price $66618.00 Est. Cost/Share — Unrealized @ Report Date —

— ISHARES TR 19.7%

Value $17.03M Shares 704 Share Price $24196.00 Est. Cost/Share — Unrealized @ Report Date —

— BIG TREE CLOUD HOLDINGS LTD 9.3%

Value $8.03M Shares 7,720,762 Share Price $1.04 * Est. Cost/Share $25.60 Unrealized @ Report Date 0.0%

— SPDR S&P 500 ETF 9.1%

Value $7.861M Shares 118 Share Price $66618.00 Est. Cost/Share — Unrealized @ Report Date —

— EOS ENERGY ENTERPRISES INC 4.6%

Value $3.99M Shares 3,503 Share Price $1139.00 Est. Cost/Share — Unrealized @ Report Date —

EMPD EMPERY DIGITAL INC 2.0%

Value $1.692M Shares 225,058 Share Price $7.52 * Est. Cost/Share $8.81 Unrealized @ Report Date +2.6%

CPOP POP CULTURE GROUP CO LTD 1.3%

Value $1.092M Shares 1,227,666 Share Price $0.89 * Est. Cost/Share $1.07 Unrealized @ Report Date 0.0%

EVEX EVE HLDG INC 1.0%

Value $886K Shares 232,458 Share Price $3.81 * Est. Cost/Share $5.32 Unrealized @ Report Date 0.0%

— CAN-FITE BIOPHARMA LTD 1.0%

Value $871K Shares 1,406,050 Share Price $0.62 Est. Cost/Share $0.86 Unrealized @ Report Date —

LYRA LYRA THERAPEUTICS INC 1.0%

Value $833K Shares 127,624 Share Price $6.53 * Est. Cost/Share $8.28 Unrealized @ Report Date -11.5%

SVRN OCEANPAL INC 1.0%

Value $823K Shares 668,969 Share Price $1.23 * Est. Cost/Share $9.90 Unrealized @ Report Date 0.0%

LMFA LM FDG AMER INC 0.8%

Value $728K Shares 638,250 Share Price $1.14 * Est. Cost/Share $1.93 Unrealized @ Report Date 0.0%

BIAF BIOAFFINITY TECHNOLOGIES INC 0.8%

Value $719K Shares 242,757 Share Price $2.96 * Est. Cost/Share $7.95 Unrealized @ Report Date 0.0%

UCAR U POWER LTD 0.6%

Value $485K Shares 240,260 Share Price $2.02 * Est. Cost/Share $2.59 Unrealized @ Report Date -1.4%

INM INMED PHARMACEUTICALS INC 0.6%

Value $482K Shares 219,998 Share Price $2.19 * Est. Cost/Share $2.41 Unrealized @ Report Date 0.0%

— EPICQUEST EDUCATN GRP INTL 0.5%

Value $401K Shares 900,765 Share Price $0.44 Est. Cost/Share $0.44 Unrealized @ Report Date —

SNES SENESTECH INC 0.4%

Value $313K Shares 71,283 Share Price $4.39 * Est. Cost/Share $4.92 Unrealized @ Report Date 0.0%

— GEOVAX LABS INC 0.4%

Value $313K Shares 661,376 Share Price $0.47 Est. Cost/Share $0.47 Unrealized @ Report Date —

— ZEVRA THERAPEUTICS INC 0.4%

Value $311K Shares 327 Share Price $951.00 Est. Cost/Share — Unrealized @ Report Date —

— REVELATION BIOSCIENCES INC 0.3%

Value $294K Shares 207,051 Share Price $1.42 Est. Cost/Share $1.42 Unrealized @ Report Date —

— GEVO INC 0.3%

Value $275K Shares 1,403 Share Price $196.00 Est. Cost/Share — Unrealized @ Report Date —

— VISION MARINE TECHNOLOGIES INC 0.3%

Value $254K Shares 186,536 Share Price $1.36 Est. Cost/Share $1.36 Unrealized @ Report Date —

— CORE SCIENTIFIC INC 0.3%

Value $233K Shares 130 Share Price $1794.00 Est. Cost/Share — Unrealized @ Report Date —

WOK WORK MED TECHNOLOGY GROUP LTD 0.2%

Value $204K Shares 2,724,004 Share Price $0.07 * Est. Cost/Share $7334.53 Unrealized @ Report Date 0.0%

CETX CEMTREX INC 0.2%

Value $141K Shares 24,987 Share Price $5.66 * Est. Cost/Share $16.12 Unrealized @ Report Date 0.0%

BCTXZ BRIACELL THERAPEUTICS CORP 0.1%

Value $125K Shares 374,488 Share Price $0.33 Est. Cost/Share $1.06 Unrealized @ Report Date —

NUWE NUWELLIS INC 0.1%

Value $120K Shares 35,894 Share Price $3.35 * Est. Cost/Share $6.86 Unrealized @ Report Date 0.0%

SNGX SOLIGENIX INC 0.1%

Value $93,960 Shares 81,000 Share Price $1.16 * Est. Cost/Share $2.30 Unrealized @ Report Date 0.0%

AIM AIM IMMUNOTECH INC 0.1%

Value $79,063 Shares 28,855 Share Price $2.74 * Est. Cost/Share $4.34 Unrealized @ Report Date 0.0%

OGEN ORAGENICS INC 0.1%

Value $77,228 Shares 58,953 Share Price $1.31 Est. Cost/Share $1.26 Unrealized @ Report Date 0.0%

TC TOKEN CAT LTD 0.1%

Value $55,251 Shares 3,983 Share Price $13.87 Est. Cost/Share $13.87 Unrealized @ Report Date —

— BLUEJAY DIAGNOSTICS INC 0.1%

Value $45,035 Shares 29,628 Share Price $1.52 Est. Cost/Share $1.72 Unrealized @ Report Date —

— RUBICO INC 0.1%

Value $44,170 Shares 20,835 Share Price $2.12 Est. Cost/Share $2.12 Unrealized @ Report Date —

ACXP ACURX PHARMACEUTICALS 0.0%

Value $37,344 Shares 8,705 Share Price $4.29 * Est. Cost/Share $6.03 Unrealized @ Report Date 0.0%

— BIT MINING LTD 0.0%

Value $36,180 Shares 134 Share Price $270.00 Est. Cost/Share — Unrealized @ Report Date —

CORZ CORE SCIENTIFIC INC 0.0%

Value $18,658 Shares 1,040 Share Price $17.94 * Est. Cost/Share $14.67 Unrealized @ Report Date 0.0%

SLAI BIT MINING LTD 0.0%

Value $10,436 Shares 3,865 Share Price $2.70 Est. Cost/Share $2.70 Unrealized @ Report Date —

— REVIVA PHARMACEUTCLS HLDGS INC 0.0%

Value $9,768 Shares 265 Share Price $36.86 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	ISHARES TR	834	$20.18M	23.3%	$24196.00	—	—	Call	464287905
—	SPDR S&P 500 ETF	259	$17.25M	20.0%	$66618.00	—	—	Put	78462F953
—	ISHARES TR	704	$17.03M	19.7%	$24196.00	—	—	Put	464287955
—	BIG TREE CLOUD HOLDINGS LTD	7,720,762	$8.03M	9.3%	$1.04 *	$25.60	0.0%	SHS	G1263B108
—	SPDR S&P 500 ETF	118	$7.861M	9.1%	$66618.00	—	—	Call	78462F903
—	EOS ENERGY ENTERPRISES INC	3,503	$3.99M	4.6%	$1139.00	—	—	Put	29415C951
EMPD	EMPERY DIGITAL INC	225,058	$1.692M	2.0%	$7.52 *	$8.81	+2.6%	COM	92864V608
CPOP	POP CULTURE GROUP CO LTD	1,227,666	$1.092M	1.3%	$0.89 *	$1.07	0.0%	SHS	G71700119
EVEX	EVE HLDG INC	232,458	$886K	1.0%	$3.81 *	$5.32	0.0%	COM	29970N104
—	CAN-FITE BIOPHARMA LTD	1,406,050	$871K	1.0%	$0.62	$0.86	—	ADR	13471N300
LYRA	LYRA THERAPEUTICS INC	127,624	$833K	1.0%	$6.53 *	$8.28	-11.5%	COM	55234L204
SVRN	OCEANPAL INC	668,969	$823K	1.0%	$1.23 *	$9.90	0.0%	COM	Y6430L301
LMFA	LM FDG AMER INC	638,250	$728K	0.8%	$1.14 *	$1.93	0.0%	COM	502074503
BIAF	BIOAFFINITY TECHNOLOGIES INC	242,757	$719K	0.8%	$2.96 *	$7.95	0.0%	COM	09076W307
UCAR	U POWER LTD	240,260	$485K	0.6%	$2.02 *	$2.59	-1.4%	CL A	G9520U116
INM	INMED PHARMACEUTICALS INC	219,998	$482K	0.6%	$2.19 *	$2.41	0.0%	COM	457637700
—	EPICQUEST EDUCATN GRP INTL	900,765	$401K	0.5%	$0.44	$0.44	—	COM	G3104J100
SNES	SENESTECH INC	71,283	$313K	0.4%	$4.39 *	$4.92	0.0%	COM	81720R604
—	GEOVAX LABS INC	661,376	$313K	0.4%	$0.47	$0.47	—	COM	373678606
—	ZEVRA THERAPEUTICS INC	327	$311K	0.4%	$951.00	—	—	Put	488445956
—	REVELATION BIOSCIENCES INC	207,051	$294K	0.3%	$1.42	$1.42	—	COM	76135L705
—	GEVO INC	1,403	$275K	0.3%	$196.00	—	—	Put	374396956
—	VISION MARINE TECHNOLOGIES INC	186,536	$254K	0.3%	$1.36	$1.36	—	COM	92840Q301
—	CORE SCIENTIFIC INC	130	$233K	0.3%	$1794.00	—	—	Put	21874A956
WOK	WORK MED TECHNOLOGY GROUP LTD	2,724,004	$204K	0.2%	$0.07 *	$7334.53	0.0%	CL A	G9767H109
CETX	CEMTREX INC	24,987	$141K	0.2%	$5.66 *	$16.12	0.0%	COM	15130G873
BCTXZ	BRIACELL THERAPEUTICS CORP	374,488	$125K	0.1%	$0.33	$1.06	—	*W	107930117
NUWE	NUWELLIS INC	35,894	$120K	0.1%	$3.35 *	$6.86	0.0%	COM	67113Y702
SNGX	SOLIGENIX INC	81,000	$93,960	0.1%	$1.16 *	$2.30	0.0%	COM	834223604
AIM	AIM IMMUNOTECH INC	28,855	$79,063	0.1%	$2.74 *	$4.34	0.0%	COM	00901B303
OGEN	ORAGENICS INC	58,953	$77,228	0.1%	$1.31	$1.26	0.0%	COM	684023609
TC	TOKEN CAT LTD	3,983	$55,251	0.1%	$13.87	$13.87	—	ADS	89856T401
—	BLUEJAY DIAGNOSTICS INC	29,628	$45,035	0.1%	$1.52	$1.72	—	COM	095633509
—	RUBICO INC	20,835	$44,170	0.1%	$2.12	$2.12	—	ORD	Y1250N107
ACXP	ACURX PHARMACEUTICALS	8,705	$37,344	0.0%	$4.29 *	$6.03	0.0%	COM	00510M203
—	BIT MINING LTD	134	$36,180	0.0%	$270.00	—	—	Put	055474959
CORZ	CORE SCIENTIFIC INC	1,040	$18,658	0.0%	$17.94 *	$14.67	0.0%	COM	21874A106
SLAI	BIT MINING LTD	3,865	$10,436	0.0%	$2.70	$2.70	—	ADR	055474209
—	REVIVA PHARMACEUTCLS HLDGS INC	265	$9,768	0.0%	$36.86	—	—	Put	76152G950