CONTINENTAL ADVISORS LLC Hedge Fund

CIK: 0001277779 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 12, 2026

Total Value ($000): $236,780 (100.0% shares, 0.0% debt)

Holdings (43)

New Positions (5)

BMY BRISTOL-MYERS SQUIBB CO 1.7%

Value ($000) $4,032 Shares 74,754 Est. Cost $47.53 Unrealized 0.0%

ALIT ALIGHT INC 0.8%

Value ($000) $1,829 Shares 937,727 Est. Cost $2.46 Unrealized 0.0%

B BARRICK MNG CORP 0.6%

Value ($000) $1,437 Shares 33,000 Est. Cost $19.29 Unrealized +94.0%

BAX BAXTER INTL INC 0.5%

Value ($000) $1,212 Shares 63,400 Est. Cost $20.00 Unrealized 0.0%

HBAN HUNTINGTON BANCSHARES INC 0.2%

Value ($000) $452 Shares 26,055 Est. Cost $16.29 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BMY	BRISTOL-MYERS SQUIBB CO	74,754	$4,032	1.7%	$47.53	0.0%	COM	110122108
ALIT	ALIGHT INC	937,727	$1,829	0.8%	$2.46	0.0%	COM CL A	01626W101
B	BARRICK MNG CORP	33,000	$1,437	0.6%	$19.29	+94.0%	PUT	06849F108
BAX	BAXTER INTL INC	63,400	$1,212	0.5%	$20.00	0.0%	COM	071813109
HBAN	HUNTINGTON BANCSHARES INC	26,055	$452	0.2%	$16.29	0.0%	COM	446150104

Increased Positions (7)

WU WESTERN UN CO 4.3%

Value ($000) $10,177 (+41.3%) Shares 1,093,083 (+21.3%) Est. Cost $11.76 Unrealized —

PRGO PERRIGO CO PLC 1.4%

Value ($000) $3,373 (+404.8%) Shares 242,300 (+707.7%) Est. Cost $30.05 Unrealized -44.5%

XRAY DENTSPLY SIRONA INC 1.5%

Value ($000) $3,664 (+133.6%) Shares 320,600 (+159.4%) Est. Cost $15.76 Unrealized -25.5%

PRGO PERRIGO CO PLC 1.8%

Value ($000) $4,185 (-26.7%) Shares 300,638 (+17.3%) Est. Cost $30.05 Unrealized -44.5%

XRAY DENTSPLY SIRONA INC 2.5%

Value ($000) $5,967 (+11.6%) Shares 522,065 (+24.0%) Est. Cost $15.76 Unrealized -25.5%

RPAY REPAY HLDGS CORP 0.9%

Value ($000) $2,241 (+12.9%) Shares 614,091 (+61.8%) Est. Cost $5.72 Unrealized -29.9%

XLE SELECT SECTOR SPDR TR 1.4%

Value ($000) $3,264 (+0.1%) Shares 73,000 (+100.0%) Est. Cost $48.30 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WU	WESTERN UN CO	1,093,083 (+21.3%)	$10,177 (+41.3%)	4.3%	$11.76	—	COM	959802109
PRGO	PERRIGO CO PLC	242,300 (+707.7%)	$3,373 (+404.8%)	1.4%	$30.05	-44.5%	CALL	G97822103
XRAY	DENTSPLY SIRONA INC	320,600 (+159.4%)	$3,664 (+133.6%)	1.5%	$15.76	-25.5%	CALL	24906P109
PRGO	PERRIGO CO PLC	300,638 (+17.3%)	$4,185 (-26.7%)	1.8%	$30.05	-44.5%	SHS	G97822103
XRAY	DENTSPLY SIRONA INC	522,065 (+24.0%)	$5,967 (+11.6%)	2.5%	$15.76	-25.5%	COM	24906P109
RPAY	REPAY HLDGS CORP	614,091 (+61.8%)	$2,241 (+12.9%)	0.9%	$5.72	-29.9%	COM CL A	76029L100
XLE	SELECT SECTOR SPDR TR	73,000 (+100.0%)	$3,264 (+0.1%)	1.4%	$48.30	—	STATE STREET ENE	81369Y506

Exited Positions (3)

CNNE CANNAE HLDGS INC 1.4%

Value ($000) $3,340 Shares 182,423 Est. Cost $24.91 Unrealized -32.2%

— VERITEX HLDGS INC 0.2%

Value ($000) $448 Shares 13,362 Est. Cost $26.10 Unrealized —

PROV PROVIDENT FINL HLDGS INC 0.1%

Value ($000) $292 Shares 18,518 Est. Cost $14.62 Unrealized +6.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CNNE	CANNAE HLDGS INC	182,423	$3,340	1.4%	$24.91	-32.2%	—	13765N107
—	VERITEX HLDGS INC	13,362	$448	0.2%	$26.10	—	—	923451108
PROV	PROVIDENT FINL HLDGS INC	18,518	$292	0.1%	$14.62	+6.8%	—	743868101

Decreased Positions (19)

WU WESTERN UN CO 1.8%

Value ($000) $4,376 (-47.1%) Shares 470,000 (-54.6%) Est. Cost $11.76 Unrealized —

TEVA TEVA PHARMACEUTICAL INDS LTD 3.8%

Value ($000) $8,992 (+30.5%) Shares 288,118 (-15.5%) Est. Cost $12.53 Unrealized —

VTRS VIATRIS INC 4.8%

Value ($000) $11,299 (+19.9%) Shares 907,588 (-4.6%) Est. Cost $10.76 Unrealized -0.4%

VTRS VIATRIS INC 1.0%

Value ($000) $2,287 (-44.6%) Shares 183,700 (-55.9%) Est. Cost $10.76 Unrealized -0.4%

UBER UBER TECHNOLOGIES INC 2.7%

Value ($000) $6,418 (-21.6%) Shares 78,548 (-6.0%) Est. Cost $31.67 Unrealized +184.3%

C CITIGROUP INC 2.7%

Value ($000) $6,294 (-15.0%) Shares 53,934 (-26.1%) Est. Cost $50.19 Unrealized +106.5%

PFE PFIZER INC 2.6%

Value ($000) $6,101 (-14.8%) Shares 245,000 (-12.8%) Est. Cost $27.00 Unrealized -7.3%

WFC WELLS FARGO CO NEW 2.6%

Value ($000) $6,161 (-11.6%) Shares 66,106 (-20.5%) Est. Cost $36.01 Unrealized +140.6%

BKD BROOKDALE SR LIVING INC 1.6%

Value ($000) $3,759 (+20.7%) Shares 348,414 (-5.2%) Est. Cost $7.73 Unrealized +27.2%

NTRS NORTHERN TR CORP 1.5%

Value ($000) $3,524 (-13.6%) Shares 25,801 (-14.9%) Est. Cost $69.61 Unrealized +87.8%

PFE PFIZER INC 4.2%

Value ($000) $9,983 (-4.2%) Shares 400,938 (-2.0%) Est. Cost $27.00 Unrealized -7.3%

TFC TRUIST FINL CORP 3.3%

Value ($000) $7,931 (+5.0%) Shares 161,172 (-2.4%) Est. Cost $33.72 Unrealized +35.8%

XBI SPDR SERIES TRUST 1.4%

Value ($000) $3,377 (-6.9%) Shares 27,700 (-23.5%) Est. Cost $86.66 Unrealized —

GILD GILEAD SCIENCES INC 1.7%

Value ($000) $4,034 (+5.8%) Shares 32,867 (-4.4%) Est. Cost $59.51 Unrealized +103.1%

COF CAPITAL ONE FINL CORP 3.2%

Value ($000) $7,587 (-1.7%) Shares 31,305 (-13.8%) Est. Cost $109.93 Unrealized +102.1%

IVZ INVESCO LTD 1.1%

Value ($000) $2,566 (-4.1%) Shares 97,690 (-16.3%) Est. Cost $13.82 Unrealized +75.9%

SPY SPDR S&P 500 ETF TR 25.9%

Value ($000) $61,373 (+0.1%) Shares 90,000 (-2.2%) Est. Cost — Unrealized —

LVS LAS VEGAS SANDS CORP 2.2%

Value ($000) $5,326 (-1.3%) Shares 81,825 (-18.4%) Est. Cost $40.68 Unrealized +50.4%

B BARRICK MNG CORP 1.4%

Value ($000) $3,212 (-1.4%) Shares 73,751 (-25.8%) Est. Cost $19.29 Unrealized +94.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WU	WESTERN UN CO	470,000 (-54.6%)	$4,376 (-47.1%)	1.8%	$11.76	—	CALL	959802109
TEVA	TEVA PHARMACEUTICAL INDS LTD	288,118 (-15.5%)	$8,992 (+30.5%)	3.8%	$12.53	—	SPONSORED ADS	881624209
VTRS	VIATRIS INC	907,588 (-4.6%)	$11,299 (+19.9%)	4.8%	$10.76	-0.4%	COM	92556V106
VTRS	VIATRIS INC	183,700 (-55.9%)	$2,287 (-44.6%)	1.0%	$10.76	-0.4%	CALL	92556V106
UBER	UBER TECHNOLOGIES INC	78,548 (-6.0%)	$6,418 (-21.6%)	2.7%	$31.67	+184.3%	COM	90353T100
C	CITIGROUP INC	53,934 (-26.1%)	$6,294 (-15.0%)	2.7%	$50.19	+106.5%	COM NEW	172967424
PFE	PFIZER INC	245,000 (-12.8%)	$6,101 (-14.8%)	2.6%	$27.00	-7.3%	CALL	717081103
WFC	WELLS FARGO CO NEW	66,106 (-20.5%)	$6,161 (-11.6%)	2.6%	$36.01	+140.6%	COM	949746101
BKD	BROOKDALE SR LIVING INC	348,414 (-5.2%)	$3,759 (+20.7%)	1.6%	$7.73	+27.2%	COM	112463104
NTRS	NORTHERN TR CORP	25,801 (-14.9%)	$3,524 (-13.6%)	1.5%	$69.61	+87.8%	COM	665859104
PFE	PFIZER INC	400,938 (-2.0%)	$9,983 (-4.2%)	4.2%	$27.00	-7.3%	COM	717081103
TFC	TRUIST FINL CORP	161,172 (-2.4%)	$7,931 (+5.0%)	3.3%	$33.72	+35.8%	COM	89832Q109
XBI	SPDR SERIES TRUST	27,700 (-23.5%)	$3,377 (-6.9%)	1.4%	$86.66	—	STATE STREET SPD	78464A870
GILD	GILEAD SCIENCES INC	32,867 (-4.4%)	$4,034 (+5.8%)	1.7%	$59.51	+103.1%	COM	375558103
COF	CAPITAL ONE FINL CORP	31,305 (-13.8%)	$7,587 (-1.7%)	3.2%	$109.93	+102.1%	COM	14040H105
IVZ	INVESCO LTD	97,690 (-16.3%)	$2,566 (-4.1%)	1.1%	$13.82	+75.9%	SHS	G491BT108
SPY	SPDR S&P 500 ETF TR	90,000 (-2.2%)	$61,373 (+0.1%)	25.9%	—	—	PUT	78462F103
LVS	LAS VEGAS SANDS CORP	81,825 (-18.4%)	$5,326 (-1.3%)	2.2%	$40.68	+50.4%	COM	517834107
B	BARRICK MNG CORP	73,751 (-25.8%)	$3,212 (-1.4%)	1.4%	$19.29	+94.0%	COM SHS	06849F108

Unchanged Positions (12)

GS GOLDMAN SACHS GROUP INC 1.2%

Value ($000) $2,895 Shares 3,293 Est. Cost $218.79 Unrealized +271.7%

RF REGIONS FINANCIAL CORP NEW 2.0%

Value ($000) $4,797 Shares 177,000 Est. Cost $17.24 Unrealized +47.2%

SSB SOUTHSTATE BK CORP 0.7%

Value ($000) $1,742 Shares 18,512 Est. Cost $96.71 Unrealized -5.0%

JPM JPMORGAN CHASE & CO. 1.5%

Value ($000) $3,459 Shares 10,735 Est. Cost $54.66 Unrealized +466.3%

SHEL SHELL PLC 1.1%

Value ($000) $2,683 Shares 36,520 Est. Cost $52.29 Unrealized —

IEMG ISHARES INC 1.2%

Value ($000) $2,743 Shares 40,800 Est. Cost $46.56 Unrealized —

RVSB RIVERVIEW BANCORP INC 0.2%

Value ($000) $432 Shares 86,004 Est. Cost $1.91 Unrealized +173.7%

FBNC FIRST BANCORP N C 0.3%

Value ($000) $636 Shares 12,531 Est. Cost $10.64 Unrealized +374.2%

SBCF SEACOAST BKG CORP FLA 0.1%

Value ($000) $283 Shares 9,000 Est. Cost $24.71 Unrealized +26.1%

FHI FEDERATED HERMES INC 2.8%

Value ($000) $6,553 Shares 125,859 Est. Cost $29.26 Unrealized +71.9%

AMLP ALPS ETF TR 1.5%

Value ($000) $3,560 Shares 75,723 Est. Cost $27.46 Unrealized —

UCB UNITED CMNTY BKS BLAIRSVLE G 0.2%

Value ($000) $562 Shares 18,000 Est. Cost $27.78 Unrealized +11.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GS	GOLDMAN SACHS GROUP INC	3,293	$2,895	1.2%	$218.79	+271.7%	COM	38141G104
RF	REGIONS FINANCIAL CORP NEW	177,000	$4,797	2.0%	$17.24	+47.2%	COM	7591EP100
SSB	SOUTHSTATE BK CORP	18,512	$1,742	0.7%	$96.71	-5.0%	COM	84472E102
JPM	JPMORGAN CHASE & CO.	10,735	$3,459	1.5%	$54.66	+466.3%	COM	46625H100
SHEL	SHELL PLC	36,520	$2,683	1.1%	$52.29	—	SPON ADS	780259305
IEMG	ISHARES INC	40,800	$2,743	1.2%	$46.56	—	CORE MSCI EMKT	46434G103
RVSB	RIVERVIEW BANCORP INC	86,004	$432	0.2%	$1.91	+173.7%	COM	769397100
FBNC	FIRST BANCORP N C	12,531	$636	0.3%	$10.64	+374.2%	COM	318910106
SBCF	SEACOAST BKG CORP FLA	9,000	$283	0.1%	$24.71	+26.1%	COM NEW	811707801
FHI	FEDERATED HERMES INC	125,859	$6,553	2.8%	$29.26	+71.9%	CL B	314211103
AMLP	ALPS ETF TR	75,723	$3,560	1.5%	$27.46	—	ALERIAN MLP	00162Q452
UCB	UNITED CMNTY BKS BLAIRSVLE G	18,000	$562	0.2%	$27.78	+11.1%	COM	90984P303