Flat Footed LLC Hedge Fund

Location: Wilson, WY

CIK: 0001799456 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $915M (95.3% shares, 4.7% debt)

Holdings (28)

CNR CORE NATURAL RESOURCES INC 13.4%

Value $123M Shares 1,387,111 Est. Cost $75.69 Unrealized +12.5%

HYG ISHARES TR 12.7%

Value $116M Shares 1,444,800 Est. Cost — Unrealized —

DHC DIVERSIFIED HEALTHCARE TR 12.5%

Value $114M Shares 23,487,002 Est. Cost $2.21 Unrealized —

TSLA TESLA INC 11.0%

Value $101M Shares 224,000 Est. Cost — Unrealized —

BKD BROOKDALE SR LIVING INC 10.0%

Value $91.69M Shares 8,497,561 Est. Cost $5.37 Unrealized +83.1%

CVNA CARVANA CO 4.9%

Value $44.95M Shares 106,500 Est. Cost — Unrealized —

— BROOKDALE SR LIVING INC 4.7%

Value $42.92M Shares 30,834,000 Est. Cost $1.39 Unrealized —

MAR MARRIOTT INTL INC NEW 4.1%

Value $37.82M Shares 121,900 Est. Cost — Unrealized —

HLT HILTON WORLDWIDE HLDGS INC 3.6%

Value $33.18M Shares 115,500 Est. Cost — Unrealized —

WELL WELLTOWER INC 3.3%

Value $30.63M Shares 165,000 Est. Cost — Unrealized —

RCL ROYAL CARIBBEAN GROUP 2.8%

Value $25.69M Shares 92,100 Est. Cost — Unrealized —

AFRM AFFIRM HLDGS INC 2.1%

Value $18.91M Shares 254,000 Est. Cost — Unrealized —

PFSI PENNYMAC FINL SVCS INC NEW 1.9%

Value $17.14M Shares 130,000 Est. Cost — Unrealized —

TK TEEKAY CORPORATION LTD 1.7%

Value $15.92M Shares 1,762,866 Est. Cost $7.78 Unrealized +18.2%

MGM MGM RESORTS INTERNATIONAL 1.6%

Value $14.6M Shares 400,000 Est. Cost — Unrealized —

ASC ARDMORE SHIPPING CORP 1.4%

Value $13.23M Shares 1,249,420 Est. Cost $10.89 Unrealized +9.2%

RMR RMR GROUP INC 1.3%

Value $11.68M Shares 783,963 Est. Cost $14.68 Unrealized -0.1%

CVEO CIVEO CORP CDA 1.2%

Value $10.58M Shares 462,758 Est. Cost $22.51 Unrealized -1.4%

GRFS GRIFOLS S A 1.1%

Value $10.14M Shares 1,084,527 Est. Cost $7.11 Unrealized —

SMC SUMMIT MIDSTREAM CORPORATION 1.0%

Value $9.513M Shares 356,567 Est. Cost $23.78 Unrealized 0.0%

ILPT INDUSTRIAL LOGISTICS PPTYS T 1.0%

Value $9.421M Shares 1,700,592 Est. Cost $4.89 Unrealized —

IAUX I-80 GOLD CORP 0.9%

Value $8.105M Shares 5,551,623 Est. Cost $1.14 Unrealized 0.0%

SEVN SEVEN HILLS REALTY TRUST 0.6%

Value $5.913M Shares 664,432 Est. Cost $8.90 Unrealized —

RRR RED ROCK RESORTS INC 0.4%

Value $3.717M Shares 60,000 Est. Cost — Unrealized —

RHP RYMAN HOSPITALITY PPTYS INC 0.3%

Value $3.075M Shares 32,500 Est. Cost — Unrealized —

SVC SERVICE PPTYS TR 0.2%

Value $1.569M Shares 852,490 Est. Cost $2.41 Unrealized —

— BROOKDALE SR LIVING INC 0.0%

Value $429K Shares 315,000 Est. Cost $0.86 Unrealized —

PANL PANGAEA LOGISTICS SOLUTION L 0.0%

Value $83,516 Shares 12,139 Est. Cost $4.36 Unrealized +38.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CNR	CORE NATURAL RESOURCES INC	1,387,111	$123M	13.4%	$75.69	+12.5%	SHSCOM	218937100
HYG	ISHARES TR	1,444,800	$116M	12.7%	—	—	Put	464288513
DHC	DIVERSIFIED HEALTHCARE TR	23,487,002	$114M	12.5%	$2.21	—	COM SH BEN INT	25525P107
TSLA	TESLA INC	224,000	$101M	11.0%	—	—	Put	88160R101
BKD	BROOKDALE SR LIVING INC	8,497,561	$91.69M	10.0%	$5.37	+83.1%	COM	112463104
CVNA	CARVANA CO	106,500	$44.95M	4.9%	—	—	Put	146869102
—	BROOKDALE SR LIVING INC	30,834,000	$42.92M	4.7%	$1.39	—	NOTE 3.500%10/1	112463AF1
MAR	MARRIOTT INTL INC NEW	121,900	$37.82M	4.1%	—	—	Put	571903202
HLT	HILTON WORLDWIDE HLDGS INC	115,500	$33.18M	3.6%	—	—	Put	43300A203
WELL	WELLTOWER INC	165,000	$30.63M	3.3%	—	—	Put	95040Q104
RCL	ROYAL CARIBBEAN GROUP	92,100	$25.69M	2.8%	—	—	Put	V7780T103
AFRM	AFFIRM HLDGS INC	254,000	$18.91M	2.1%	—	—	Put	00827B106
PFSI	PENNYMAC FINL SVCS INC NEW	130,000	$17.14M	1.9%	—	—	Put	70932M107
TK	TEEKAY CORPORATION LTD	1,762,866	$15.92M	1.7%	$7.78	+18.2%	SHS	G8726T105
MGM	MGM RESORTS INTERNATIONAL	400,000	$14.6M	1.6%	—	—	Put	552953101
ASC	ARDMORE SHIPPING CORP	1,249,420	$13.23M	1.4%	$10.89	+9.2%	COM	Y0207T100
RMR	RMR GROUP INC	783,963	$11.68M	1.3%	$14.68	-0.1%	CL A	74967R106
CVEO	CIVEO CORP CDA	462,758	$10.58M	1.2%	$22.51	-1.4%	COM NEW	17878Y207
GRFS	GRIFOLS S A	1,084,527	$10.14M	1.1%	$7.11	—	SP ADR REP B NVT	398438408
SMC	SUMMIT MIDSTREAM CORPORATION	356,567	$9.513M	1.0%	$23.78	0.0%	COM	86614G101
ILPT	INDUSTRIAL LOGISTICS PPTYS T	1,700,592	$9.421M	1.0%	$4.89	—	COM SHS BEN INT	456237106
IAUX	I-80 GOLD CORP	5,551,623	$8.105M	0.9%	$1.14	0.0%	COM	44955L106
SEVN	SEVEN HILLS REALTY TRUST	664,432	$5.913M	0.6%	$8.90	—	COM	81784E101
RRR	RED ROCK RESORTS INC	60,000	$3.717M	0.4%	—	—	Put	75700L108
RHP	RYMAN HOSPITALITY PPTYS INC	32,500	$3.075M	0.3%	—	—	Put	78377T107
SVC	SERVICE PPTYS TR	852,490	$1.569M	0.2%	$2.41	—	COM SH BEN INT	81761L102
—	BROOKDALE SR LIVING INC	315,000	$429K	0.0%	$0.86	—	NOTE 2.000%10/1	112463AC8
PANL	PANGAEA LOGISTICS SOLUTION L	12,139	$83,516	0.0%	$4.36	+38.0%	SHS	G6891L105