Mercuria Capital Strategies, LLC Quant / Systematic

CIK: 0002048079 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $176,052 (100.0% shares, 0.0% debt)

Holdings (28)

New Positions (25)

TNK TEEKAY TANKERS LTD 37.3%
Value ($000) $65,615 Shares 1,228,294 Est. Cost $56.15 Unrealized 0.0%
BCSS BAIN CAP GSS INVT CORP 9.0%
Value ($000) $15,799 Shares 1,545,878 Est. Cost $10.08 Unrealized 0.0%
— GIGACLOUD TECHNOLOGY INC 6.0%
Value ($000) $10,540 Shares 1,000,000 Est. Cost $10.54 Unrealized —
ALUB/U ALUSSA ENERGY ACQUISITION CO 5.7%
Value ($000) $10,100 Shares 1,000,000 Est. Cost $10.10 Unrealized —
DMAA DRUGS MADE IN AMER ACQUTN CO 4.3%
Value ($000) $7,511 Shares 750,000 Est. Cost $10.33 Unrealized 0.0%
ANSC AGRICULTURE & NAT SOL ACQ CO 3.2%
Value ($000) $5,595 Shares 500,000 Est. Cost $11.09 Unrealized 0.0%
BACQ INFLECTION POINT ACQUISITION 3.1%
Value ($000) $5,425 Shares 535,000 Est. Cost $10.87 Unrealized 0.0%
TVA TEXAS VENTURES ACQUISITION I 3.0%
Value ($000) $5,325 Shares 500,000 Est. Cost $10.86 Unrealized 0.0%
VMC VULCAN MATLS CO 2.8%
Value ($000) $5,017 Shares 17,591 Est. Cost $293.14 Unrealized 0.0%
GSRF GSR IV ACQUISITION CORP 2.8%
Value ($000) $4,995 Shares 500,000 Est. Cost $10.02 Unrealized 0.0%
GIW GIGCAPITAL8 CORP 2.1%
Value ($000) $3,709 Shares 375,000 Est. Cost $9.91 Unrealized 0.0%
TACO BERTO ACQUISITION CORP 1.6%
Value ($000) $2,747 Shares 270,908 Est. Cost $10.26 Unrealized 0.0%
CORZ CORE SCIENTIFIC INC NEW 1.5%
Value ($000) $2,718 Shares 186,643 Est. Cost $17.44 Unrealized 0.0%
CX CEMEX SAB DE CV 1.5%
Value ($000) $2,621 Shares 228,102 Est. Cost $11.49 Unrealized —
VACI/U VIKING ACQUISITION CORP I 1.4%
Value ($000) $2,518 Shares 250,000 Est. Cost $10.07 Unrealized —
PAII PYROPHYTE ACQUISITION CORP. 1.4%
Value ($000) $2,515 Shares 250,000 Est. Cost $10.06 Unrealized 0.0%
SBXE/U SILVERBOX CORP V 1.4%
Value ($000) $2,515 Shares 250,000 Est. Cost $10.06 Unrealized —
ACA ARCOSA INC 1.4%
Value ($000) $2,466 Shares 23,192 Est. Cost $100.90 Unrealized 0.0%
GIWWU GIGCAPITAL8 CORP 0.7%
Value ($000) $1,273 Shares 125,000 Est. Cost $10.18 Unrealized —
CAEP CANTOR EQUITY PARTNERS III I 0.1%
Value ($000) $98 Shares 9,597 Est. Cost $10.37 Unrealized 0.0%
CEPF CANTOR EQUITY PARTNERS IV IN 0.1%
Value ($000) $98 Shares 9,503 Est. Cost $10.40 Unrealized 0.0%
CCIX CHURCHILL CAPITAL CORP IX 0.1%
Value ($000) $93 Shares 8,762 Est. Cost $10.65 Unrealized 0.0%
DSX DIANA SHIPPING INC 0.0%
Value ($000) $88 Shares 52,770 Est. Cost $1.74 Unrealized 0.0%
GIWWR GIGCAPITAL8 CORP 0.0%
Value ($000) $19 Shares 62,500 Est. Cost $0.31 Unrealized —
CCXIU CHURCHILL CAP CORP XI 0.0%
Value ($000) $10 Shares 1,000 Est. Cost $10.21 Unrealized —

Exited Positions (7)

SPY SPDR S&P 500 ETF TR 14.4%
Value ($000) $25,315 Shares 38,000 Est. Cost $617.85 Unrealized —
DK DELEK US HLDGS INC NEW 5.0%
Value ($000) $8,755 Shares 271,290 Est. Cost $25.83 Unrealized +37.8%
CMI CUMMINS INC 3.9%
Value ($000) $6,855 Shares 16,230 Est. Cost $380.68 Unrealized +22.5%
GNRC GENERAC HLDGS INC 3.9%
Value ($000) $6,852 Shares 40,934 Est. Cost $175.19 Unrealized -7.9%
PSIX POWER SOLUTIONS INTL INC 2.6%
Value ($000) $4,566 Shares 46,490 Est. Cost $88.67 Unrealized -19.5%
SHLS SHOALS TECHNOLOGIES GROUP IN 1.3%
Value ($000) $2,223 Shares 300,000 Est. Cost $6.15 Unrealized +46.0%
FTEK FUEL TECH INC 0.4%
Value ($000) $720 Shares 240,000 Est. Cost $2.90 Unrealized -24.1%

Decreased Positions (3)

SEI SOLARIS ENERGY INFRAS INC 0.8%
Value ($000) $1,473 (-56.7%) Shares 32,038 (-62.3%) Est. Cost $31.12 Unrealized +55.2%
CAT CATERPILLAR INC 3.1%
Value ($000) $5,391 (-22.0%) Shares 9,410 (-35.1%) Est. Cost $425.39 Unrealized +30.6%
EQT EQT CORP 5.6%
Value ($000) $9,780 (-5.1%) Shares 182,465 (-3.6%) Est. Cost $45.43 Unrealized +23.6%