Q Global Advisors, LLC Diversified Active

Location: Fort Worth, TX

CIK: 0001469589 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $102M

Holdings (48)

ASND ASCENDIS PHARMA A/S 39.9%

Value $40.52M Shares 190,000 Est. Cost $123.51 Unrealized —

ENVA ENOVA INTL INC 13.2%

Value $13.4M Shares 85,219 Est. Cost $108.49 Unrealized +20.0%

SPY SPDR S&P 500 ETF TR 9.8%

Value $9.996M Shares 14,658 Est. Cost $681.95 Unrealized —

TDG TRANSDIGM GROUP INC 8.2%

Value $8.346M Shares 6,276 Est. Cost $1229.53 Unrealized +6.6%

NCLH NORWEGIAN CRUISE LINE HLDG L 5.9%

Value $6.028M Shares 270,094 Est. Cost $21.11 Unrealized 0.0%

TRTX TPG RE FIN TR INC 5.3%

Value $5.417M Shares 629,103 Est. Cost $7.88 Unrealized —

HLF HERBALIFE LTD 4.9%

Value $5.013M Shares 388,891 Est. Cost $7.39 Unrealized +43.2%

FBRT FRANKLIN BSP RLTY TR INC 3.0%

Value $3.023M Shares 301,355 Est. Cost $10.03 Unrealized —

PGY PAGAYA TECHNOLOGIES LTD 2.6%

Value $2.645M Shares 126,555 Est. Cost $25.47 Unrealized 0.0%

CCL CARNIVAL CORP 1.9%

Value $1.976M Shares 64,695 Est. Cost $27.88 Unrealized 0.0%

BX BLACKSTONE INC 1.9%

Value $1.964M Shares 12,744 Est. Cost $151.46 Unrealized 0.0%

RCL ROYAL CARIBBEAN GROUP 1.7%

Value $1.743M Shares 6,250 Est. Cost $255.68 Unrealized +10.1%

BRSP BRIGHTSPIRE CAPITAL INC 0.5%

Value $518K Shares 92,588 Est. Cost $5.59 Unrealized —

GPMT GRANITE PT MTG TR INC 0.4%

Value $441K Shares 183,717 Est. Cost $2.40 Unrealized —

NUAIW NEW ERA ENERGY & DIGITAL INC 0.1%

Value $62,000 Shares 75,000 Est. Cost $0.48 Unrealized —

BZAIW BLAIZE HLDGS INC 0.1%

Value $60,000 Shares 150,000 Est. Cost $0.19 Unrealized —

FBYDW FALCONS BEYOND GLOBAL INC 0.1%

Value $51,000 Shares 25,000 Est. Cost $0.91 Unrealized —

MDAIW SPECTRAL AI INC 0.0%

Value $45,000 Shares 99,670 Est. Cost $0.13 Unrealized —

RDZNW ROADZEN INC 0.0%

Value $41,000 Shares 150,816 Est. Cost $0.03 Unrealized —

CLSKW CLEANSPARK INC 0.0%

Value $37,000 Shares 100,000 Est. Cost $0.72 Unrealized —

CNCKW COINCHECK GROUP NV 0.0%

Value $36,000 Shares 89,237 Est. Cost $1.87 Unrealized —

FLYX/WS FLYEXCLUSIVE INC 0.0%

Value $32,000 Shares 113,099 Est. Cost $0.18 Unrealized —

FLDDW FOLD HLDGS INC 0.0%

Value $31,000 Shares 203,778 Est. Cost $0.74 Unrealized —

NAMMW NAMIB MINERALS 0.0%

Value $26,000 Shares 358,060 Est. Cost $0.20 Unrealized —

RAINW RAIN ENHANCEMENT TECHNOLOGIE 0.0%

Value $21,000 Shares 85,137 Est. Cost $0.08 Unrealized —

AISPW AIRSHIP AI HLDGS INC 0.0%

Value $20,000 Shares 25,090 Est. Cost $2.05 Unrealized —

MNYWW MONEYHERO LIMITED 0.0%

Value $20,000 Shares 470,085 Est. Cost $0.07 Unrealized —

SLND/WS SOUTHLAND HLDGS INC 0.0%

Value $14,000 Shares 163,529 Est. Cost $0.79 Unrealized —

SCAGW SCAGE FUTURE 0.0%

Value $14,000 Shares 211,287 Est. Cost — Unrealized —

RZLVW REZOLVE AI PLC 0.0%

Value $12,000 Shares 13,356 Est. Cost $0.24 Unrealized —

GRRRW GORILLA TECHNOLOGY GROUP INC 0.0%

Value $11,000 Shares 43,676 Est. Cost — Unrealized —

FUSEW FUSEMACHINES INC 0.0%

Value $11,000 Shares 179,614 Est. Cost $0.06 Unrealized —

BRLSW BOREALIS FOODS INC 0.0%

Value $11,000 Shares 224,685 Est. Cost $0.14 Unrealized —

NVNIW NVNI GROUP LIMITED 0.0%

Value $9,000 Shares 130,872 Est. Cost $0.04 Unrealized —

BNAIW BRAND ENGAGEMENT NETWORK INC 0.0%

Value $9,000 Shares 194,164 Est. Cost $0.06 Unrealized —

MRNOW MURANO GLOBAL INVTS PLC 0.0%

Value $6,000 Shares 218,153 Est. Cost $0.11 Unrealized —

TVGNW TEVOGEN BIO HLDGS INC 0.0%

Value $6,000 Shares 132,146 Est. Cost $0.08 Unrealized —

PSQH/WS PSQ HOLDINGS INC 0.0%

Value $6,000 Shares 60,000 Est. Cost $0.80 Unrealized —

AMODW ALPHA MODUS HLDGS INC 0.0%

Value $5,000 Shares 99,534 Est. Cost $0.08 Unrealized —

DAICW CID HOLDCO INC 0.0%

Value $5,000 Shares 59,602 Est. Cost $0.08 Unrealized —

WGSWW GENEDX HOLDINGS CORP 0.0%

Value $5,000 Shares 111,701 Est. Cost $0.15 Unrealized —

COCHW ENVOY MEDICAL INC 0.0%

Value $5,000 Shares 129,120 Est. Cost $0.02 Unrealized —

BDMDW BAIRD MED INVT HLDGS LTD 0.0%

Value $4,000 Shares 72,992 Est. Cost $0.21 Unrealized —

BSLKW BOLT PROJS HLDGS INC 0.0%

Value $2,000 Shares 106,937 Est. Cost $0.06 Unrealized —

TBLAW TABOOLA.COM LTD 0.0%

Value $2,000 Shares 46,078 Est. Cost $0.34 Unrealized —

CRPWF CARBON REVOLUTION LTD 0.0%

Value $1,000 Shares 105,521 Est. Cost $0.06 Unrealized —

ECXWW ECARX HOLDINGS INC 0.0%

Value $1,000 Shares 19,614 Est. Cost $0.10 Unrealized —

LNZAW LANZATECH GLOBAL INC 0.0%

Value $1,000 Shares 106,974 Est. Cost $0.30 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ASND	ASCENDIS PHARMA A/S	190,000	$40.52M	39.9%	$123.51	—	—	04351P101
ENVA	ENOVA INTL INC	85,219	$13.4M	13.2%	$108.49	+20.0%	—	29357K103
SPY	SPDR S&P 500 ETF TR	14,658	$9.996M	9.8%	$681.95	—	—	78462F103
TDG	TRANSDIGM GROUP INC	6,276	$8.346M	8.2%	$1229.53	+6.6%	—	893641100
NCLH	NORWEGIAN CRUISE LINE HLDG L	270,094	$6.028M	5.9%	$21.11	0.0%	—	G66721104
TRTX	TPG RE FIN TR INC	629,103	$5.417M	5.3%	$7.88	—	—	87266M107
HLF	HERBALIFE LTD	388,891	$5.013M	4.9%	$7.39	+43.2%	—	G4412G101
FBRT	FRANKLIN BSP RLTY TR INC	301,355	$3.023M	3.0%	$10.03	—	—	35243J101
PGY	PAGAYA TECHNOLOGIES LTD	126,555	$2.645M	2.6%	$25.47	0.0%	—	M7S64L123
CCL	CARNIVAL CORP	64,695	$1.976M	1.9%	$27.88	0.0%	—	143658300
BX	BLACKSTONE INC	12,744	$1.964M	1.9%	$151.46	0.0%	—	09260D107
RCL	ROYAL CARIBBEAN GROUP	6,250	$1.743M	1.7%	$255.68	+10.1%	—	V7780T103
BRSP	BRIGHTSPIRE CAPITAL INC	92,588	$518K	0.5%	$5.59	—	—	10949T109
GPMT	GRANITE PT MTG TR INC	183,717	$441K	0.4%	$2.40	—	—	38741L107
NUAIW	NEW ERA ENERGY & DIGITAL INC	75,000	$62,000	0.1%	$0.48	—	—	64428N117
BZAIW	BLAIZE HLDGS INC	150,000	$60,000	0.1%	$0.19	—	—	092915115
FBYDW	FALCONS BEYOND GLOBAL INC	25,000	$51,000	0.1%	$0.91	—	—	306121112
MDAIW	SPECTRAL AI INC	99,670	$45,000	0.0%	$0.13	—	—	84757T113
RDZNW	ROADZEN INC	150,816	$41,000	0.0%	$0.03	—	—	G7606H116
CLSKW	CLEANSPARK INC	100,000	$37,000	0.0%	$0.72	—	—	18452B118
CNCKW	COINCHECK GROUP NV	89,237	$36,000	0.0%	$1.87	—	—	N20967100
FLYX/WS	FLYEXCLUSIVE INC	113,099	$32,000	0.0%	$0.18	—	—	343928115
FLDDW	FOLD HLDGS INC	203,778	$31,000	0.0%	$0.74	—	—	29103K118
NAMMW	NAMIB MINERALS	358,060	$26,000	0.0%	$0.20	—	—	G63638111
RAINW	RAIN ENHANCEMENT TECHNOLOGIE	85,137	$21,000	0.0%	$0.08	—	—	75080J111
AISPW	AIRSHIP AI HLDGS INC	25,090	$20,000	0.0%	$2.05	—	—	008940116
MNYWW	MONEYHERO LIMITED	470,085	$20,000	0.0%	$0.07	—	—	G6202B119
SLND/WS	SOUTHLAND HLDGS INC	163,529	$14,000	0.0%	$0.79	—	—	84445C118
SCAGW	SCAGE FUTURE	211,287	$14,000	0.0%	—	—	—	G7840J118
RZLVW	REZOLVE AI PLC	13,356	$12,000	0.0%	$0.24	—	—	G75398118
GRRRW	GORILLA TECHNOLOGY GROUP INC	43,676	$11,000	0.0%	—	—	—	G4000K118
FUSEW	FUSEMACHINES INC	179,614	$11,000	0.0%	$0.06	—	—	36118R111
BRLSW	BOREALIS FOODS INC	224,685	$11,000	0.0%	$0.14	—	—	09973D113
NVNIW	NVNI GROUP LIMITED	130,872	$9,000	0.0%	$0.04	—	—	G50716110
BNAIW	BRAND ENGAGEMENT NETWORK INC	194,164	$9,000	0.0%	$0.06	—	—	104932116
MRNOW	MURANO GLOBAL INVTS PLC	218,153	$6,000	0.0%	$0.11	—	—	G63369113
TVGNW	TEVOGEN BIO HLDGS INC	132,146	$6,000	0.0%	$0.08	—	—	88165K119
PSQH/WS	PSQ HOLDINGS INC	60,000	$6,000	0.0%	$0.80	—	—	693691115
AMODW	ALPHA MODUS HLDGS INC	99,534	$5,000	0.0%	$0.08	—	—	020952115
DAICW	CID HOLDCO INC	59,602	$5,000	0.0%	$0.08	—	—	171756117
WGSWW	GENEDX HOLDINGS CORP	111,701	$5,000	0.0%	$0.15	—	—	81663L119
COCHW	ENVOY MEDICAL INC	129,120	$5,000	0.0%	$0.02	—	—	29415V117
BDMDW	BAIRD MED INVT HLDGS LTD	72,992	$4,000	0.0%	$0.21	—	—	G0705H111
BSLKW	BOLT PROJS HLDGS INC	106,937	$2,000	0.0%	$0.06	—	—	09769B115
TBLAW	TABOOLA.COM LTD	46,078	$2,000	0.0%	$0.34	—	—	M8744T114
CRPWF	CARBON REVOLUTION LTD	105,521	$1,000	0.0%	$0.06	—	—	G1893D110
ECXWW	ECARX HOLDINGS INC	19,614	$1,000	0.0%	$0.10	—	—	G29201111
LNZAW	LANZATECH GLOBAL INC	106,974	$1,000	0.0%	$0.30	—	—	51655R119