SALT Holding Corp. Hedge Fund

CIK: 0001996109 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $129,050 (100.0% shares, 0.0% debt)

Holdings (21)

New Positions (7)

NOK NOKIA CORP 5.4%

Value ($000) $6,957 Shares 1,075,200 Est. Cost $6.47 Unrealized —

BTI BRITISH AMERN TOB PLC 4.2%

Value ($000) $5,412 Shares 95,589 Est. Cost $56.62 Unrealized —

ERIC TELEFONAKTIEBOLAGET LM ERICS 1.5%

Value ($000) $1,930 Shares 200,000 Est. Cost $9.65 Unrealized —

STLA STELLANTIS N.V 1.3%

Value ($000) $1,639 Shares 150,493 Est. Cost $10.89 Unrealized —

SAP SAP SE 1.2%

Value ($000) $1,514 Shares 6,232 Est. Cost $242.91 Unrealized —

STM STMICROELECTRONICS N V 1.0%

Value ($000) $1,297 Shares 50,000 Est. Cost $28.26 Unrealized —

SHEL SHELL PLC 0.6%

Value ($000) $730 Shares 9,938 Est. Cost $73.48 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NOK	NOKIA CORP	1,075,200	$6,957	5.4%	$6.47	—	SPONSORED ADR	654902204
BTI	BRITISH AMERN TOB PLC	95,589	$5,412	4.2%	$56.62	—	SPONSORED ADR	110448107
ERIC	TELEFONAKTIEBOLAGET LM ERICS	200,000	$1,930	1.5%	$9.65	—	ADR B SEK 10	294821608
STLA	STELLANTIS N.V	150,493	$1,639	1.3%	$10.89	—	SHS	N82405106
SAP	SAP SE	6,232	$1,514	1.2%	$242.91	—	SPON ADR	803054204
STM	STMICROELECTRONICS N V	50,000	$1,297	1.0%	$28.26	—	CALL	861012102
SHEL	SHELL PLC	9,938	$730	0.6%	$73.48	—	SPON ADS	780259305

Increased Positions (5)

AZN ASTRAZENECA PLC 13.3%

Value ($000) $17,145 (+1199.3%) Shares 186,500 (+984.3%) Est. Cost $90.53 Unrealized —

RACE FERRARI N V 19.1%

Value ($000) $24,676 (+19.7%) Shares 66,772 (+57.1%) Est. Cost $450.42 Unrealized -11.2%

BUD ANHEUSER BUSCH INBEV SA/NV 5.7%

Value ($000) $7,327 (+96.4%) Shares 114,415 (+82.8%) Est. Cost $61.62 Unrealized —

EQNR EQUINOR ASA 0.4%

Value ($000) $520 (+5.9%) Shares 22,000 (+9.3%) Est. Cost $24.32 Unrealized —

FRO FRONTLINE PLC 0.3%

Value ($000) $332 (-3.0%) Shares 15,200 (+1.3%) Est. Cost $20.29 Unrealized +15.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AZN	ASTRAZENECA PLC	186,500 (+984.3%)	$17,145 (+1199.3%)	13.3%	$90.53	—	SPONSORED ADR	046353108
RACE	FERRARI N V	66,772 (+57.1%)	$24,676 (+19.7%)	19.1%	$450.42	-11.2%	COM	N3167Y103
BUD	ANHEUSER BUSCH INBEV SA/NV	114,415 (+82.8%)	$7,327 (+96.4%)	5.7%	$61.62	—	SPONSORED ADR	03524A108
EQNR	EQUINOR ASA	22,000 (+9.3%)	$520 (+5.9%)	0.4%	$24.32	—	SPONSORED ADR	29446M102
FRO	FRONTLINE PLC	15,200 (+1.3%)	$332 (-3.0%)	0.3%	$20.29	+15.2%	COM	M46528101

Exited Positions (3)

RACE FERRARI N V 10.1%

Value ($000) $13,004 Shares 26,800 Est. Cost $450.42 Unrealized -11.2%

RACE FERRARI N V 8.0%

Value ($000) $10,287 Shares 21,200 Est. Cost $450.42 Unrealized -11.2%

NOK NOKIA CORP 2.8%

Value ($000) $3,577 Shares 743,600 Est. Cost $6.47 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RACE	FERRARI N V	26,800	$13,004	10.1%	$450.42	-11.2%	CALL	N3167Y103
RACE	FERRARI N V	21,200	$10,287	8.0%	$450.42	-11.2%	PUT	N3167Y103
NOK	NOKIA CORP	743,600	$3,577	2.8%	$6.47	—	CALL	654902204

Decreased Positions (1)

WDS WOODSIDE ENERGY GROUP LTD 0.3%

Value ($000) $373 (-15.2%) Shares 23,908 (-18.2%) Est. Cost $15.05 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WDS	WOODSIDE ENERGY GROUP LTD	23,908 (-18.2%)	$373 (-15.2%)	0.3%	$15.05	—	SPONSORED ADR	980228308

Unchanged Positions (8)

VOD VODAFONE GROUP PLC NEW 39.1%

Value ($000) $50,475 Shares 3,821,000 Est. Cost $11.60 Unrealized —

DEO DIAGEO PLC 2.1%

Value ($000) $2,748 Shares 31,855 Est. Cost $95.43 Unrealized —

MT ARCELORMITTAL SA LUXEMBOURG 0.7%

Value ($000) $898 Shares 19,700 Est. Cost $36.15 Unrealized —

STM STMICROELECTRONICS N V 1.5%

Value ($000) $1,969 Shares 75,900 Est. Cost $28.26 Unrealized —

LOGI LOGITECH INTL S A 0.8%

Value ($000) $978 Shares 9,763 Est. Cost $99.25 Unrealized +13.3%

MIAX MIAMI INTL HLDGS INC 0.5%

Value ($000) $673 Shares 15,173 Est. Cost $36.58 Unrealized +21.9%

ARGX ARGENX SE 0.3%

Value ($000) $420 Shares 500 Est. Cost $737.56 Unrealized —

FRO FRONTLINE PLC 0.8%

Value ($000) $1,036 Shares 47,500 Est. Cost $20.29 Unrealized +15.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VOD	VODAFONE GROUP PLC NEW	3,821,000	$50,475	39.1%	$11.60	—	SPONSORED ADR	92857W308
DEO	DIAGEO PLC	31,855	$2,748	2.1%	$95.43	—	SPON ADR NEW	25243Q205
MT	ARCELORMITTAL SA LUXEMBOURG	19,700	$898	0.7%	$36.15	—	NY REGISTRY SH	03938L203
STM	STMICROELECTRONICS N V	75,900	$1,969	1.5%	$28.26	—	NY REGISTRY	861012102
LOGI	LOGITECH INTL S A	9,763	$978	0.8%	$99.25	+13.3%	SHS	H50430232
MIAX	MIAMI INTL HLDGS INC	15,173	$673	0.5%	$36.58	+21.9%	COM	59356Q108
ARGX	ARGENX SE	500	$420	0.3%	$737.56	—	SPONSORED ADR	04016X101
FRO	FRONTLINE PLC	47,500	$1,036	0.8%	$20.29	+15.2%	CALL	M46528101