Sullivan Wood Capital Management LLC Long-Term Concentrated

CIK: 0002077718 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 20, 2026

Total Value ($000): $66,305 (100.0% shares, 0.0% debt)

Holdings (22)

New Positions (4)

CMG CHIPOTLE MEXICAN GRILL INC 3.3%

Value ($000) $2,166 Shares 58,550 Est. Cost $36.17 Unrealized 0.0%

DGXX DIGI PWR X INC 0.7%

Value ($000) $471 Shares 184,590 Est. Cost $3.75 Unrealized 0.0%

ABTC AMERICAN BITCOIN CORP. 0.0%

Value ($000) $22 Shares 13,000 Est. Cost $4.17 Unrealized 0.0%

SLNH SOLUNA HOLDINGS INC 0.0%

Value ($000) $18 Shares 15,000 Est. Cost $2.28 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CMG	CHIPOTLE MEXICAN GRILL INC	58,550	$2,166	3.3%	$36.17	0.0%	COM	169656105
DGXX	DIGI PWR X INC	184,590	$471	0.7%	$3.75	0.0%	COM SUB VTG	25380B102
ABTC	AMERICAN BITCOIN CORP.	13,000	$22	0.0%	$4.17	0.0%	COM CL A	02462A104
SLNH	SOLUNA HOLDINGS INC	15,000	$18	0.0%	$2.28	0.0%	COM NEW	583543301

Increased Positions (17)

GLXY GALAXY DIGITAL INC. 44.6%

Value ($000) $29,540 (-29.4%) Shares 1,321,113 (+6.7%) Est. Cost $21.07 Unrealized +47.0%

ET ENERGY TRANSFER L P 3.6%

Value ($000) $2,405 (+117.9%) Shares 145,851 (+126.8%) Est. Cost $17.17 Unrealized —

GOOG ALPHABET INC 6.1%

Value ($000) $4,036 (+40.9%) Shares 12,862 (+9.4%) Est. Cost $176.43 Unrealized +62.3%

SOFI SOFI TECHNOLOGIES INC 7.5%

Value ($000) $4,999 (+24.3%) Shares 190,945 (+25.5%) Est. Cost $16.17 Unrealized +72.4%

NU NU HLDGS LTD 3.7%

Value ($000) $2,430 (+58.7%) Shares 145,150 (+51.8%) Est. Cost $13.61 Unrealized +18.1%

UNH UNITEDHEALTH GROUP INC 4.4%

Value ($000) $2,910 (+43.6%) Shares 8,816 (+50.2%) Est. Cost $324.08 Unrealized +4.0%

NLY ANNALY CAPITAL MANAGEMENT IN 2.2%

Value ($000) $1,439 (+101.8%) Shares 62,550 (+83.4%) Est. Cost $21.16 Unrealized —

RITM RITHM CAPITAL CORP 3.4%

Value ($000) $2,229 (+44.5%) Shares 200,113 (+47.8%) Est. Cost $11.41 Unrealized —

AMZN AMAZON COM INC 5.1%

Value ($000) $3,376 (+21.3%) Shares 14,625 (+15.4%) Est. Cost $202.50 Unrealized +13.0%

CGC CANOPY GROWTH CORP 1.3%

Value ($000) $881 (+144.0%) Shares 772,785 (+212.5%) Est. Cost $1.30 Unrealized -0.9%

AGNC AGNC INVT CORP 1.9%

Value ($000) $1,239 (+61.6%) Shares 114,400 (+47.8%) Est. Cost $9.82 Unrealized —

AAPL APPLE INC 2.4%

Value ($000) $1,593 (+28.7%) Shares 5,858 (+20.6%) Est. Cost $212.83 Unrealized +26.1%

OCSL OAKTREE SPECIALTY LENDING CO 0.6%

Value ($000) $388 (+176.5%) Shares 30,450 (+183.3%) Est. Cost $13.50 Unrealized -1.1%

UBER UBER TECHNOLOGIES INC 1.9%

Value ($000) $1,240 (+24.4%) Shares 15,180 (+49.1%) Est. Cost $84.87 Unrealized +6.1%

CELH CELSIUS HLDGS INC 5.6%

Value ($000) $3,694 (+7.0%) Shares 80,765 (+34.5%) Est. Cost $41.69 Unrealized +20.8%

DHT DHT HOLDINGS INC 0.7%

Value ($000) $445 (+35.7%) Shares 36,450 (+32.8%) Est. Cost $11.07 Unrealized +10.9%

CHPT CHARGEPOINT HOLDINGS INC 0.7%

Value ($000) $442 (+24.4%) Shares 66,500 (+104.6%) Est. Cost $10.43 Unrealized -9.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLXY	GALAXY DIGITAL INC.	1,321,113 (+6.7%)	$29,540 (-29.4%)	44.6%	$21.07	+47.0%	CL A	36317J209
ET	ENERGY TRANSFER L P	145,851 (+126.8%)	$2,405 (+117.9%)	3.6%	$17.17	—	COM UT LTD PTN	29273V100
GOOG	ALPHABET INC	12,862 (+9.4%)	$4,036 (+40.9%)	6.1%	$176.43	+62.3%	CAP STK CL C	02079K107
SOFI	SOFI TECHNOLOGIES INC	190,945 (+25.5%)	$4,999 (+24.3%)	7.5%	$16.17	+72.4%	COM	83406F102
NU	NU HLDGS LTD	145,150 (+51.8%)	$2,430 (+58.7%)	3.7%	$13.61	+18.1%	ORD SHS CL A	G6683N103
UNH	UNITEDHEALTH GROUP INC	8,816 (+50.2%)	$2,910 (+43.6%)	4.4%	$324.08	+4.0%	COM	91324P102
NLY	ANNALY CAPITAL MANAGEMENT IN	62,550 (+83.4%)	$1,439 (+101.8%)	2.2%	$21.16	—	COM NEW	035710839
RITM	RITHM CAPITAL CORP	200,113 (+47.8%)	$2,229 (+44.5%)	3.4%	$11.41	—	COM NEW	64828T201
AMZN	AMAZON COM INC	14,625 (+15.4%)	$3,376 (+21.3%)	5.1%	$202.50	+13.0%	COM	023135106
CGC	CANOPY GROWTH CORP	772,785 (+212.5%)	$881 (+144.0%)	1.3%	$1.30	-0.9%	COM NEW	138035704
AGNC	AGNC INVT CORP	114,400 (+47.8%)	$1,239 (+61.6%)	1.9%	$9.82	—	COM	00123Q104
AAPL	APPLE INC	5,858 (+20.6%)	$1,593 (+28.7%)	2.4%	$212.83	+26.1%	COM	037833100
OCSL	OAKTREE SPECIALTY LENDING CO	30,450 (+183.3%)	$388 (+176.5%)	0.6%	$13.50	-1.1%	COM	67401P405
UBER	UBER TECHNOLOGIES INC	15,180 (+49.1%)	$1,240 (+24.4%)	1.9%	$84.87	+6.1%	COM	90353T100
CELH	CELSIUS HLDGS INC	80,765 (+34.5%)	$3,694 (+7.0%)	5.6%	$41.69	+20.8%	COM NEW	15118V207
DHT	DHT HOLDINGS INC	36,450 (+32.8%)	$445 (+35.7%)	0.7%	$11.07	+10.9%	SHS NEW	Y2065G121
CHPT	CHARGEPOINT HOLDINGS INC	66,500 (+104.6%)	$442 (+24.4%)	0.7%	$10.43	-9.4%	COM SHS	15961R303

Exited Positions (2)

PLTR PALANTIR TECHNOLOGIES INC 2.1%

Value ($000) $1,383 Shares 7,581 Est. Cost $117.28 Unrealized +54.4%

— TILRAY BRANDS INC 0.1%

Value ($000) $54 Shares 31,050 Est. Cost $0.41 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PLTR	PALANTIR TECHNOLOGIES INC	7,581	$1,383	2.1%	$117.28	+54.4%	—	69608A108
—	TILRAY BRANDS INC	31,050	$54	0.1%	$0.41	—	—	88688T100

Unchanged Positions (1)

MSFT MICROSOFT CORP 0.5%

Value ($000) $342 Shares 707 Est. Cost $432.38 Unrealized +15.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	707	$342	0.5%	$432.38	+15.8%	COM	594918104