Feynman Point Asset Management LLC Concentrated Active

CIK: 0002110123 · Show all filings

Period: Q4 2025

Filing Date: Feb 18, 2026

Total Value ($000): $71,771 (100.0% shares, 0.0% debt)

Holdings (22)

— INVESCO QQQ TR 21.6%

Value ($000) $15,481 Shares 25,200 Est. Cost — Unrealized —

PURR HYPERLIQUID STRATEGIES INC 20.1%

Value ($000) $14,431 Shares 4,053,635 Est. Cost $3.47 Unrealized 0.0%

— ISHARES BITCOIN TRUST ETF 8.6%

Value ($000) $6,206 Shares 125,000 Est. Cost — Unrealized —

CEPO CANTOR EQUITY PARTNERS I INC 7.3%

Value ($000) $5,205 Shares 500,000 Est. Cost $10.46 Unrealized 0.0%

MBAV M3BRIGADE ACQUISITION V CORP 4.4%

Value ($000) $3,189 Shares 300,000 Est. Cost $10.62 Unrealized 0.0%

CORZ CORE SCIENTIFIC INC NEW 4.2%

Value ($000) $3,035 Shares 208,465 Est. Cost $17.44 Unrealized 0.0%

AVX AVAX ONE TECHNOLOGY LTD 3.6%

Value ($000) $2,617 Shares 1,732,804 Est. Cost $2.42 Unrealized 0.0%

WYFI WHITEFIBER INC 3.5%

Value ($000) $2,511 Shares 158,900 Est. Cost $24.72 Unrealized 0.0%

CIFR CIPHER MINING INC 3.3%

Value ($000) $2,376 Shares 160,973 Est. Cost $17.65 Unrealized 0.0%

CHAC CRANE HBR ACQUISITION CORP 3.0%

Value ($000) $2,154 Shares 200,000 Est. Cost $11.14 Unrealized 0.0%

HUT HUT 8 CORP 2.8%

Value ($000) $2,044 Shares 44,500 Est. Cost $44.08 Unrealized 0.0%

WULF TERAWULF INC 2.7%

Value ($000) $1,930 Shares 167,961 Est. Cost $13.40 Unrealized 0.0%

CLSK CLEANSPARK INC 2.5%

Value ($000) $1,789 Shares 176,800 Est. Cost $14.99 Unrealized 0.0%

CRWV COREWEAVE INC 2.1%

Value ($000) $1,475 Shares 20,600 Est. Cost $101.39 Unrealized 0.0%

CNTN THARIMMUNE INC 1.8%

Value ($000) $1,314 Shares 433,604 Est. Cost $2.85 Unrealized 0.0%

APLD APPLIED DIGITAL CORP 1.8%

Value ($000) $1,272 Shares 51,860 Est. Cost $28.80 Unrealized 0.0%

STSS SHARPS TECHNOLOGY INC 1.6%

Value ($000) $1,121 Shares 552,139 Est. Cost $3.86 Unrealized 0.0%

MLAC MOUNTAIN LAKE ACQUISITION CO 1.4%

Value ($000) $1,040 Shares 100,000 Est. Cost $10.42 Unrealized 0.0%

GLXY GALAXY DIGITAL INC. 1.4%

Value ($000) $1,029 Shares 46,000 Est. Cost $30.98 Unrealized 0.0%

BRR PROCAP FINL INC 0.9%

Value ($000) $662 Shares 187,500 Est. Cost $7.98 Unrealized 0.0%

IREN IREN LIMITED 0.9%

Value ($000) $629 Shares 16,643 Est. Cost $51.59 Unrealized 0.0%

MBAVW M3BRIGADE ACQUISITION V CORP 0.4%

Value ($000) $263 Shares 300,000 Est. Cost $0.88 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	INVESCO QQQ TR	25,200	$15,481	21.6%	—	—	Put	46090E953
PURR	HYPERLIQUID STRATEGIES INC	4,053,635	$14,431	20.1%	$3.47	0.0%	COM	44916Y106
—	ISHARES BITCOIN TRUST ETF	125,000	$6,206	8.6%	—	—	Call	46438F901
CEPO	CANTOR EQUITY PARTNERS I INC	500,000	$5,205	7.3%	$10.46	0.0%	SHS CL A	G1827K107
MBAV	M3BRIGADE ACQUISITION V CORP	300,000	$3,189	4.4%	$10.62	0.0%	CL A	G63212107
CORZ	CORE SCIENTIFIC INC NEW	208,465	$3,035	4.2%	$17.44	0.0%	COM	21874A106
AVX	AVAX ONE TECHNOLOGY LTD	1,732,804	$2,617	3.6%	$2.42	0.0%	COM SHS	05353F108
WYFI	WHITEFIBER INC	158,900	$2,511	3.5%	$24.72	0.0%	SHS	G96115103
CIFR	CIPHER MINING INC	160,973	$2,376	3.3%	$17.65	0.0%	COM	17253J106
CHAC	CRANE HBR ACQUISITION CORP	200,000	$2,154	3.0%	$11.14	0.0%	CL A	G24979109
HUT	HUT 8 CORP	44,500	$2,044	2.8%	$44.08	0.0%	COM	44812J104
WULF	TERAWULF INC	167,961	$1,930	2.7%	$13.40	0.0%	COM	88080T104
CLSK	CLEANSPARK INC	176,800	$1,789	2.5%	$14.99	0.0%	COM NEW	18452B209
CRWV	COREWEAVE INC	20,600	$1,475	2.1%	$101.39	0.0%	COM CL A	21873S108
CNTN	THARIMMUNE INC	433,604	$1,314	1.8%	$2.85	0.0%	COM	432705309
APLD	APPLIED DIGITAL CORP	51,860	$1,272	1.8%	$28.80	0.0%	COM NEW	038169207
STSS	SHARPS TECHNOLOGY INC	552,139	$1,121	1.6%	$3.86	0.0%	COM	82003F309
MLAC	MOUNTAIN LAKE ACQUISITION CO	100,000	$1,040	1.4%	$10.42	0.0%	SHS CL A	G6301B101
GLXY	GALAXY DIGITAL INC.	46,000	$1,029	1.4%	$30.98	0.0%	CL A	36317J209
BRR	PROCAP FINL INC	187,500	$662	0.9%	$7.98	0.0%	COM SHS	74277P105
IREN	IREN LIMITED	16,643	$629	0.9%	$51.59	0.0%	ORDINARY SHARES	Q4982L109
MBAVW	M3BRIGADE ACQUISITION V CORP	300,000	$263	0.4%	$0.88	—	*W EXP 99/99/999	G63212115