Black Maple Capital Management LP Hedge Fund

Location: Milwaukee, WI

CIK: 0001588959 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $179M (100.0% shares, 0.0% debt)

Holdings (98)

New Positions (41)

EXE EXPAND ENERGY CORPORATION 4.2%
Value $7.509M Shares 68,398 Est. Cost $105.80 Unrealized 0.0%
PNFP PINNACLE FINL PARTNERS INC 4.1%
Value $7.369M Shares 85,549 Est. Cost $97.40 Unrealized 0.0%
HYG ISHARES TR 2.2%
Value $3.978M Shares 50,000 Est. Cost Unrealized
MSFT MICROSOFT CORP 1.5%
Value $2.63M Shares 7,106 Est. Cost $434.61 Unrealized 0.0%
MSFT MICROSOFT CORP 1.3%
Value $2.406M Shares 6,500 Est. Cost $434.61 Unrealized 0.0%
COF CAPITAL ONE FINL CORP 1.3%
Value $2.353M Shares 12,900 Est. Cost $223.24 Unrealized 0.0%
EWY ISHARES INC 1.2%
Value $2.214M Shares 18,000 Est. Cost $123.01 Unrealized
SYF SYNCHRONY FINANCIAL 1.2%
Value $2.143M Shares 31,500 Est. Cost $76.27 Unrealized 0.0%
EWY ISHARES INC 1.0%
Value $1.845M Shares 15,000 Est. Cost $123.01 Unrealized
XLF SELECT SECTOR SPDR TR 1.0%
Value $1.728M Shares 35,000 Est. Cost $49.37 Unrealized
XLF SELECT SECTOR SPDR TR 1.0%
Value $1.728M Shares 35,000 Est. Cost $49.37 Unrealized
ORCL ORACLE CORP 0.8%
Value $1.523M Shares 10,350 Est. Cost $169.61 Unrealized 0.0%
ORCL ORACLE CORP 0.8%
Value $1.471M Shares 10,000 Est. Cost $169.61 Unrealized 0.0%
AEM AGNICO EAGLE MINES LTD 0.6%
Value $1.015M Shares 5,000 Est. Cost Unrealized
LODE COMSTOCK INC 0.6%
Value $992K Shares 325,134 Est. Cost $3.38 Unrealized 0.0%
XHB SPDR SERIES TRUST 0.6%
Value $987K Shares 10,000 Est. Cost Unrealized
MU MICRON TECHNOLOGY INC 0.5%
Value $845K Shares 2,500 Est. Cost $101.41 Unrealized +281.7%
FXI ISHARES TR 0.4%
Value $790K Shares 22,000 Est. Cost $35.90 Unrealized
LYFT LYFT INC 0.4%
Value $771K Shares 58,000 Est. Cost $16.77 Unrealized 0.0%
SMH VANECK ETF TRUST 0.4%
Value $767K Shares 2,000 Est. Cost $383.40 Unrealized
SMH VANECK ETF TRUST 0.4%
Value $767K Shares 2,000 Est. Cost $383.40 Unrealized
AVGO BROADCOM INC 0.4%
Value $710K Shares 2,295 Est. Cost $334.17 Unrealized 0.0%
GDX VANECK ETF TRUST 0.4%
Value $688K Shares 7,500 Est. Cost $91.77 Unrealized
WFC WELLS FARGO & CO 0.4%
Value $677K Shares 8,500 Est. Cost $90.04 Unrealized 0.0%
SPY STATE STR SPDR S&P 500 ETF T 0.4%
Value $650K Shares 1,000 Est. Cost $507.63 Unrealized
XME SPDR SERIES TRUST 0.4%
Value $648K Shares 6,000 Est. Cost $43.06 Unrealized
MDY STATE STR SPDR S&P MIDCAP 40 0.3%
Value $617K Shares 1,000 Est. Cost $586.43 Unrealized
GDX VANECK ETF TRUST 0.3%
Value $597K Shares 6,500 Est. Cost $91.77 Unrealized
ELME ELME COMMUNITIES 0.3%
Value $541K Shares 269,317 Est. Cost $2.01 Unrealized
DUOT DUOS TECHNOLOGIES GROUP INC 0.2%
Value $437K Shares 63,707 Est. Cost $9.79 Unrealized 0.0%
RYN RAYONIER INC 0.2%
Value $412K Shares 20,000 Est. Cost $20.62 Unrealized
UBER UBER TECHNOLOGIES INC 0.2%
Value $360K Shares 5,000 Est. Cost $91.48 Unrealized -13.9%
AFCG ADVANCED FLOWER CAP INC 0.2%
Value $313K Shares 110,912 Est. Cost $2.44 Unrealized 0.0%
POET POET TECHNOLOGIES INC 0.2%
Value $270K Shares 45,500 Est. Cost $6.55 Unrealized 0.0%
BPRN PRINCETON BANCORP INC 0.1%
Value $240K Shares 7,118 Est. Cost $35.59 Unrealized 0.0%
ETHA ISHARES ETHEREUM TR 0.1%
Value $206K Shares 13,000 Est. Cost $15.83 Unrealized
KD KYNDRYL HLDGS INC 0.1%
Value $157K Shares 12,000 Est. Cost $20.57 Unrealized 0.0%
MSDL MORGAN STANLEY DIRECT LENDIN 0.1%
Value $140K Shares 10,000 Est. Cost $16.03 Unrealized 0.0%
META META PLATFORMS INC 0.1%
Value $114K Shares 200 Est. Cost $637.85 Unrealized +2.8%
OCSL OAKTREE SPECIALTY LENDING 0.1%
Value $113K Shares 10,000 Est. Cost $12.40 Unrealized 0.0%
ETHA ISHARES ETHEREUM TR 0.0%
Value $87,065 Shares 5,500 Est. Cost $15.83 Unrealized

Increased Positions (14)

SPY STATE STR SPDR S&P 500 ETF T 17.3%
Value $31.02M (+313.6%) Shares 47,700 (+333.6%) Est. Cost $507.63 Unrealized
SPY STATE STR SPDR S&P 500 ETF T 15.0%
Value $26.98M (+38.4%) Shares 41,484 (+45.1%) Est. Cost $507.63 Unrealized
ALK ALASKA AIR GROUP INC 3.5%
Value $6.348M (+123.4%) Shares 172,600 (+205.5%) Est. Cost $50.45 Unrealized +4.1%
BAC BANK AMERICA CORP 2.6%
Value $4.722M (+150.3%) Shares 96,871 (+182.4%) Est. Cost $53.31 Unrealized +0.7%
BANC BANC OF CALIFORNIA INC 2.4%
Value $4.388M (+31.8%) Shares 249,621 (+44.6%) Est. Cost $16.63 Unrealized +21.3%
KCCA KRANESHARES TRUST 1.2%
Value $2.082M (+17.4%) Shares 140,517 (+33.2%) Est. Cost $15.65 Unrealized
CHCT COMMUNITY HEALTHCARE TR INC 0.2%
Value $354K (+89.9%) Shares 22,258 (+96.3%) Est. Cost $16.16 Unrealized
IBTJ ISHARES TR 0.2%
Value $382K (+74.2%) Shares 17,500 (+75.0%) Est. Cost $21.91 Unrealized
GSBD GOLDMAN SACHS BDC INC 0.1%
Value $222K (+139.2%) Shares 25,000 (+150.0%) Est. Cost $9.49 Unrealized -2.2%
STHO STAR HLDGS 0.2%
Value $310K (+45.8%) Shares 40,970 (+58.5%) Est. Cost $8.12 Unrealized +2.3%
BUSE FIRST BUSEY CORP 0.2%
Value $388K (+32.0%) Shares 15,359 (+24.3%) Est. Cost $22.00 Unrealized +14.7%
IBTI ISHARES TR 0.3%
Value $518K (+15.8%) Shares 23,250 (+16.3%) Est. Cost $22.36 Unrealized
FSUN FIRSTSUN CAP BANCORP 0.2%
Value $304K (+27.4%) Shares 8,340 (+31.5%) Est. Cost $37.02 Unrealized +5.2%
KWEB KRANESHARES TRUST 0.2%
Value $313K (+2.0%) Shares 11,000 (+22.2%) Est. Cost $33.03 Unrealized

Exited Positions (29)

PINNACLE FINL PARTNERS INC 4.2%
Value $7.495M Shares 78,559 Est. Cost $93.79 Unrealized
ODV OSISKO DEVELOPMENT CORP 3.1%
Value $5.647M Shares 1,618,010 Est. Cost $3.44 Unrealized +8.2%
EQT EQT CORP 2.9%
Value $5.255M Shares 98,039 Est. Cost $52.92 Unrealized +4.4%
OZK BANK OZK LITTLE ROCK ARK 2.4%
Value $4.265M Shares 92,672 Est. Cost $46.43 Unrealized +4.1%
EOG EOG RES INC 1.7%
Value $3.045M Shares 29,000 Est. Cost $107.22 Unrealized +4.6%
MBIN MERCHANTS BANCORP IND 1.6%
Value $2.796M Shares 82,092 Est. Cost $36.59 Unrealized +9.0%
SYNOVUS FINL CORP 1.1%
Value $1.987M Shares 39,700 Est. Cost $49.49 Unrealized
GOOG ALPHABET INC 0.7%
Value $1.255M Shares 4,000 Est. Cost $182.46 Unrealized +77.4%
EIDO ISHARES TR 0.6%
Value $1.068M Shares 57,104 Est. Cost $19.04 Unrealized
ODV OSISKO DEVELOPMENT CORP 0.5%
Value $871K Shares 249,700 Est. Cost $3.44 Unrealized +8.2%
NOG NORTHERN OIL & GAS INC 0.4%
Value $721K Shares 33,600 Est. Cost $22.43 Unrealized +8.3%
GDXJ VANECK ETF TRUST 0.4%
Value $688K Shares 6,050 Est. Cost $113.78 Unrealized
NECB NORTHEAST CMNTY BANCORP INC 0.4%
Value $687K Shares 30,371 Est. Cost $23.50 Unrealized +0.5%
SIMO SILICON MOTION TECHNOLOGY CO 0.4%
Value $677K Shares 7,300 Est. Cost $92.70 Unrealized
ADBE ADOBE INC 0.4%
Value $630K Shares 1,800 Est. Cost $404.08 Unrealized -28.3%
FCX FREEPORT-MCMORAN INC 0.3%
Value $609K Shares 12,000 Est. Cost $38.49 Unrealized +58.8%
AR ANTERO RESOURCES CORP 0.3%
Value $555K Shares 16,100 Est. Cost $35.75 Unrealized -5.5%
SM SM ENERGY CO 0.2%
Value $430K Shares 23,000 Est. Cost $20.02 Unrealized -0.6%
CRM SALESFORCE INC 0.2%
Value $397K Shares 1,500 Est. Cost $250.34 Unrealized -13.8%
DELL DELL TECHNOLOGIES INC 0.2%
Value $378K Shares 3,000 Est. Cost $129.18 Unrealized -7.9%
IBCP INDEPENDENT BK CORP MICH 0.2%
Value $350K Shares 10,769 Est. Cost $31.79 Unrealized +9.5%
KMB KIMBERLY-CLARK CORP 0.2%
Value $303K Shares 3,000 Est. Cost $108.41 Unrealized -4.9%
TECK TECK RESOURCES LTD 0.2%
Value $273K Shares 5,700 Est. Cost $41.47 Unrealized +32.6%
CZWI CITIZENS CMNTY BANCORP INC M 0.1%
Value $209K Shares 11,718 Est. Cost $12.47 Unrealized +46.2%
GLD SPDR GOLD TR 0.1%
Value $198K Shares 500 Est. Cost $396.31 Unrealized
SMR NUSCALE PWR CORP 0.1%
Value $184K Shares 13,000 Est. Cost $28.60 Unrealized -39.6%
DHC DIVERSIFIED HEALTHCARE TR 0.1%
Value $123K Shares 25,300 Est. Cost $2.47 Unrealized
ASC ARDMORE SHIPPING CORP 0.1%
Value $106K Shares 10,000 Est. Cost $13.17 Unrealized -3.5%
DHC DIVERSIFIED HEALTHCARE TR 0.0%
Value $66,367 Shares 13,684 Est. Cost $2.47 Unrealized

Decreased Positions (28)

WAL WESTERN ALLIANCE BANCORP 3.3%
Value $5.994M (-35.6%) Shares 84,599 (-23.6%) Est. Cost $82.72 Unrealized +8.7%
META META PLATFORMS INC 0.7%
Value $1.27M (-67.5%) Shares 2,220 (-62.5%) Est. Cost $637.85 Unrealized +2.8%
EWJ ISHARES INC 1.0%
Value $1.744M (-44.8%) Shares 20,659 (-47.2%) Est. Cost $61.49 Unrealized
HBAN HUNTINGTON BANCSHARES INC 3.5%
Value $6.223M (-16.6%) Shares 397,656 (-7.6%) Est. Cost $16.35 Unrealized +9.4%
LNSR LENSAR INC 0.2%
Value $330K (-75.8%) Shares 55,371 (-52.8%) Est. Cost $12.37 Unrealized -2.8%
UBER UBER TECHNOLOGIES INC 2.1%
Value $3.748M (-20.2%) Shares 52,100 (-9.4%) Est. Cost $91.48 Unrealized -13.9%
INDA ISHARES TR 0.5%
Value $951K (-41.4%) Shares 20,300 (-32.3%) Est. Cost $51.56 Unrealized
XME SPDR SERIES TRUST 0.4%
Value $648K (-40.4%) Shares 6,000 (-42.9%) Est. Cost $43.06 Unrealized
EWU ISHARES TR 1.4%
Value $2.547M (-14.3%) Shares 55,910 (-17.3%) Est. Cost $37.82 Unrealized
MDY STATE STR SPDR S&P MIDCAP 40 0.5%
Value $925K (-23.3%) Shares 1,500 (-25.0%) Est. Cost $586.43 Unrealized
BUR BURFORD CAPITAL LIMITED 0.1%
Value $175K (-59.7%) Shares 38,662 (-20.5%) Est. Cost $13.45 Unrealized -29.6%
GOOGL ALPHABET INC 0.6%
Value $1.006M (-19.6%) Shares 3,500 (-12.5%) Est. Cost $180.70 Unrealized +78.9%
FNWD FINWARD BANCORP 0.3%
Value $533K (-28.7%) Shares 14,678 (-30.9%) Est. Cost $24.85 Unrealized +46.7%
MU MICRON TECHNOLOGY INC 0.0%
Value $70,946 (-75.1%) Shares 210 (-79.0%) Est. Cost $101.41 Unrealized +281.7%
BANC BANC OF CALIFORNIA INC 0.1%
Value $156K (-57.1%) Shares 8,900 (-52.9%) Est. Cost $16.63 Unrealized +21.3%
LIEN CHICAGO ATLANTIC BDC INC 0.7%
Value $1.223M (-12.9%) Shares 130,920 (-3.7%) Est. Cost $9.38 Unrealized +10.3%
INR INFINITY NAT RES INC 0.3%
Value $541K (-25.0%) Shares 30,709 (-37.2%) Est. Cost $13.11 Unrealized +17.5%
RSP INVESCO EXCHANGE TRADED FD T 3.6%
Value $6.535M (-2.7%) Shares 34,050 (-2.9%) Est. Cost $176.25 Unrealized
MRVL MARVELL TECHNOLOGY INC 0.4%
Value $629K (-21.4%) Shares 6,350 (-32.6%) Est. Cost $65.50 Unrealized +23.8%
OSBC OLD SECOND BANCORP INC DEL 0.4%
Value $791K (-17.2%) Shares 39,224 (-20.0%) Est. Cost $14.39 Unrealized +41.0%
KRE SPDR SERIES TRUST 0.3%
Value $521K (-23.4%) Shares 8,000 (-23.8%) Est. Cost $54.28 Unrealized
SNFCA SECURITY NATL FINL CORP 0.1%
Value $107K (-50.6%) Shares 11,311 (-53.0%) Est. Cost $8.67 Unrealized +2.5%
ALRS ALERUS FINL CORP 0.3%
Value $468K (-15.4%) Shares 19,757 (-19.6%) Est. Cost $20.89 Unrealized +17.1%
FFBC 1ST FINL BANCORP 0.1%
Value $239K (-23.7%) Shares 8,556 (-31.6%) Est. Cost $24.80 Unrealized +13.8%
SITC SITE CTRS CORP 0.0%
Value $81,000 (-47.4%) Shares 15,000 (-37.5%) Est. Cost $9.01 Unrealized
FVCB FVCBANKCORP INC 0.2%
Value $291K (-12.8%) Shares 19,150 (-20.1%) Est. Cost $11.04 Unrealized +36.0%
NXE NEXGEN ENERGY LTD 0.3%
Value $580K (-4.8%) Shares 50,000 (-24.5%) Est. Cost $6.08 Unrealized +95.5%
GLD SPDR GOLD TR 0.2%
Value $430K (-1.3%) Shares 1,000 (-9.1%) Est. Cost $396.31 Unrealized

Unchanged Positions (15)