Morgan Creek Capital Management, LLC Concentrated Active

CIK: 0001623781 · Show all filings

Period: Q4 2025

Filing Date: Feb 17, 2026

Total Value ($000): $365,762 (100.0% shares, 0.0% debt)

Holdings (14)

FIGR FIGURE TECHNOLOGY SOLUTIO 86.0%

Value ($000) $314,607 Shares 7,703,399 Est. Cost $40.00 Unrealized 0.0%

GEMI GEMINI SPACE STA INC 7.2%

Value ($000) $26,288 Shares 2,649,999 Est. Cost $15.60 Unrealized 0.0%

COIN COINBASE GLOBAL INC 2.4%

Value ($000) $8,618 Shares 38,107 Est. Cost $297.98 Unrealized 0.0%

ETOR ETORO GROUP LTD 1.7%

Value ($000) $6,317 Shares 179,807 Est. Cost $38.62 Unrealized 0.0%

UBER UBER TECHNOLOGIES INC 1.0%

Value ($000) $3,679 Shares 45,023 Est. Cost $90.05 Unrealized 0.0%

LYFT LYFT INC 0.5%

Value ($000) $1,893 Shares 97,716 Est. Cost $20.79 Unrealized 0.0%

YMM FULL TRUCK ALLIANCE CO LTD 0.5%

Value ($000) $1,868 Shares 174,105 Est. Cost $10.73 Unrealized —

IHS IHS HOLDING LIMITED 0.3%

Value ($000) $1,156 Shares 154,963 Est. Cost $6.89 Unrealized 0.0%

PAA PLAINS ALL AMERN PIPELINE L 0.1%

Value ($000) $310 Shares 17,642 Est. Cost $17.58 Unrealized —

REGN REGENERON PHARMACEUTICALS 0.1%

Value ($000) $213 Shares 276 Est. Cost $678.68 Unrealized 0.0%

AS AMER SPORTS INC 0.1%

Value ($000) $205 Shares 5,486 Est. Cost $34.31 Unrealized 0.0%

NVDA NVIDIA CORPORATION 0.1%

Value ($000) $205 Shares 1,097 Est. Cost $186.13 Unrealized 0.0%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.1%

Value ($000) $204 Shares 672 Est. Cost $303.89 Unrealized —

AMZN AMAZON COM INC 0.1%

Value ($000) $201 Shares 869 Est. Cost $228.79 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FIGR	FIGURE TECHNOLOGY SOLUTIO	7,703,399	$314,607	86.0%	$40.00	0.0%	COM CL A	349381103
GEMI	GEMINI SPACE STA INC	2,649,999	$26,288	7.2%	$15.60	0.0%	CL A COM	36866J105
COIN	COINBASE GLOBAL INC	38,107	$8,618	2.4%	$297.98	0.0%	COM CL A	19260Q107
ETOR	ETORO GROUP LTD	179,807	$6,317	1.7%	$38.62	0.0%	SHS CL A	G32089107
UBER	UBER TECHNOLOGIES INC	45,023	$3,679	1.0%	$90.05	0.0%	COM	90353T100
LYFT	LYFT INC	97,716	$1,893	0.5%	$20.79	0.0%	CL A COM	55087P104
YMM	FULL TRUCK ALLIANCE CO LTD	174,105	$1,868	0.5%	$10.73	—	SPONSORED ADS	35969L108
IHS	IHS HOLDING LIMITED	154,963	$1,156	0.3%	$6.89	0.0%	ORD SHS	G4701H109
PAA	PLAINS ALL AMERN PIPELINE L	17,642	$310	0.1%	$17.58	—	UNIT LTD PARTN	726503105
REGN	REGENERON PHARMACEUTICALS	276	$213	0.1%	$678.68	0.0%	COM	75886F107
AS	AMER SPORTS INC	5,486	$205	0.1%	$34.31	0.0%	COM SHS	G0260P102
NVDA	NVIDIA CORPORATION	1,097	$205	0.1%	$186.13	0.0%	COM	67066G104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	672	$204	0.1%	$303.89	—	SPONSORED ADS	874039100
AMZN	AMAZON COM INC	869	$201	0.1%	$228.79	0.0%	COM	023135106