Birnam Oak Advisors, LP Hedge Fund

Location: New York, NY

CIK: 0001997245 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $447M (97.7% shares, 2.3% debt)

Holdings (32)

— CYBERARK SOFTWARE LTD 10.1%

Value $45.31M Shares 101,581 Est. Cost $480.45 Unrealized —

ACWI ISHARES TR 8.8%

Value $39.16M Shares 276,800 Est. Cost $117.50 Unrealized —

— FRONTIER COMMUNICATIONS PARE 8.7%

Value $38.66M Shares 1,015,468 Est. Cost $36.55 Unrealized —

NSC NORFOLK SOUTHN CORP 7.9%

Value $35.38M Shares 122,542 Est. Cost $278.75 Unrealized +3.5%

EA ELECTRONIC ARTS INC 6.9%

Value $30.85M Shares 150,972 Est. Cost $201.71 Unrealized 0.0%

CMA COMERICA INC 6.5%

Value $29M Shares 333,648 Est. Cost $79.98 Unrealized 0.0%

— DAYFORCE INC 5.6%

Value $24.89M Shares 359,887 Est. Cost $68.83 Unrealized 0.0%

GTLS CHART INDS INC 5.6%

Value $24.81M Shares 120,283 Est. Cost $190.26 Unrealized +6.5%

TXNM TXNM ENERGY INC 5.0%

Value $22.37M Shares 379,851 Est. Cost $55.16 Unrealized +4.6%

AES AES CORP 4.1%

Value $18.37M Shares 1,280,832 Est. Cost $14.03 Unrealized 0.0%

EXAS EXACT SCIENCES CORP 4.0%

Value $18.01M Shares 177,379 Est. Cost $80.31 Unrealized 0.0%

SATS ECHOSTAR CORP 3.4%

Value $14.99M Shares 137,935 Est. Cost $45.28 Unrealized +79.8%

VUG VANGUARD INDEX FDS 3.0%

Value $13.22M Shares 27,100 Est. Cost $410.44 Unrealized —

— CIDARA THERAPEUTICS INC 2.0%

Value $9.148M Shares 41,414 Est. Cost $220.89 Unrealized —

— ASTRIA THERAPEUTICS INC 2.0%

Value $9.029M Shares 689,735 Est. Cost $13.09 Unrealized —

CADE CADENCE BANK 2.0%

Value $9.011M Shares 210,338 Est. Cost $39.41 Unrealized 0.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.8%

Value $8.042M Shares 16,000 Est. Cost $463.15 Unrealized +7.4%

VTV VANGUARD INDEX FDS 1.6%

Value $7.258M Shares 38,000 Est. Cost $169.30 Unrealized —

— ANYWHERE REAL ESTATE INC 1.6%

Value $7.186M Shares 507,463 Est. Cost $12.07 Unrealized —

— MARA HOLDINGS INC 1.4%

Value $6.194M Shares 7,400,000 Est. Cost $0.84 Unrealized —

COF CAPITAL ONE FINL CORP 1.1%

Value $4.807M Shares 19,833 Est. Cost $185.05 Unrealized +20.1%

— CLEANSPARK INC 0.9%

Value $4.158M Shares 4,000,000 Est. Cost $1.04 Unrealized —

IEUR ISHARES TR 0.9%

Value $3.904M Shares 55,000 Est. Cost $53.98 Unrealized —

VGK VANGUARD INTL EQUITY INDEX F 0.8%

Value $3.762M Shares 45,000 Est. Cost $63.47 Unrealized —

BBJP J P MORGAN EXCHANGE TRADED F 0.8%

Value $3.625M Shares 55,000 Est. Cost $54.89 Unrealized —

AER AERCAP HOLDINGS NV 0.8%

Value $3.594M Shares 25,000 Est. Cost $95.08 Unrealized +39.3%

MSFT MICROSOFT CORP 0.6%

Value $2.902M Shares 6,000 Est. Cost $424.02 Unrealized +18.1%

AMZN AMAZON COM INC 0.6%

Value $2.885M Shares 12,500 Est. Cost $204.58 Unrealized +11.8%

MSOS ADVISORSHARES TR 0.6%

Value $2.803M Shares 593,782 Est. Cost $4.79 Unrealized —

IVE ISHARES TR 0.5%

Value $2.121M Shares 10,000 Est. Cost $190.88 Unrealized —

KMB KIMBERLY-CLARK CORP 0.2%

Value $738K Shares 7,313 Est. Cost $108.41 Unrealized 0.0%

EWJ ISHARES INC 0.1%

Value $323K Shares 4,000 Est. Cost $67.10 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CYBERARK SOFTWARE LTD	101,581	$45.31M	10.1%	$480.45	—	SHS	M2682V108
ACWI	ISHARES TR	276,800	$39.16M	8.8%	$117.50	—	MSCI ACWI ETF	464288257
—	FRONTIER COMMUNICATIONS PARE	1,015,468	$38.66M	8.7%	$36.55	—	COM	35909D109
NSC	NORFOLK SOUTHN CORP	122,542	$35.38M	7.9%	$278.75	+3.5%	COM	655844108
EA	ELECTRONIC ARTS INC	150,972	$30.85M	6.9%	$201.71	0.0%	COM	285512109
CMA	COMERICA INC	333,648	$29M	6.5%	$79.98	0.0%	COM	200340107
—	DAYFORCE INC	359,887	$24.89M	5.6%	$68.83	0.0%	COM	15677J108
GTLS	CHART INDS INC	120,283	$24.81M	5.6%	$190.26	+6.5%	COM	16115Q308
TXNM	TXNM ENERGY INC	379,851	$22.37M	5.0%	$55.16	+4.6%	COM	69349H107
AES	AES CORP	1,280,832	$18.37M	4.1%	$14.03	0.0%	COM	00130H105
EXAS	EXACT SCIENCES CORP	177,379	$18.01M	4.0%	$80.31	0.0%	COM	30063P105
SATS	ECHOSTAR CORP	137,935	$14.99M	3.4%	$45.28	+79.8%	CL A	278768106
VUG	VANGUARD INDEX FDS	27,100	$13.22M	3.0%	$410.44	—	GROWTH ETF	922908736
—	CIDARA THERAPEUTICS INC	41,414	$9.148M	2.0%	$220.89	—	COM NEW	171757206
—	ASTRIA THERAPEUTICS INC	689,735	$9.029M	2.0%	$13.09	—	COM	04635X102
CADE	CADENCE BANK	210,338	$9.011M	2.0%	$39.41	0.0%	COM	12740C103
BRK/B	BERKSHIRE HATHAWAY INC DEL	16,000	$8.042M	1.8%	$463.15	+7.4%	CL B NEW	084670702
VTV	VANGUARD INDEX FDS	38,000	$7.258M	1.6%	$169.30	—	VALUE ETF	922908744
—	ANYWHERE REAL ESTATE INC	507,463	$7.186M	1.6%	$12.07	—	COM	75605Y106
—	MARA HOLDINGS INC	7,400,000	$6.194M	1.4%	$0.84	—	NOTE 6/0	565788AH9
COF	CAPITAL ONE FINL CORP	19,833	$4.807M	1.1%	$185.05	+20.1%	COM	14040H105
—	CLEANSPARK INC	4,000,000	$4.158M	0.9%	$1.04	—	NOTE 6/1	18452BAC4
IEUR	ISHARES TR	55,000	$3.904M	0.9%	$53.98	—	CORE MSCI EURO	46434V738
VGK	VANGUARD INTL EQUITY INDEX F	45,000	$3.762M	0.8%	$63.47	—	FTSE EUROPE ETF	922042874
BBJP	J P MORGAN EXCHANGE TRADED F	55,000	$3.625M	0.8%	$54.89	—	BETABULDRS JAPAN	46641Q217
AER	AERCAP HOLDINGS NV	25,000	$3.594M	0.8%	$95.08	+39.3%	SHS	N00985106
MSFT	MICROSOFT CORP	6,000	$2.902M	0.6%	$424.02	+18.1%	COM	594918104
AMZN	AMAZON COM INC	12,500	$2.885M	0.6%	$204.58	+11.8%	COM	023135106
MSOS	ADVISORSHARES TR	593,782	$2.803M	0.6%	$4.79	—	PURE US CANNABIS	00768Y453
IVE	ISHARES TR	10,000	$2.121M	0.5%	$190.88	—	S&P 500 VAL ETF	464287408
KMB	KIMBERLY-CLARK CORP	7,313	$738K	0.2%	$108.41	0.0%	COM	494368103
EWJ	ISHARES INC	4,000	$323K	0.1%	$67.10	—	MSCI JAPAN ETF	46434G822