Reported 187,500 shares, unchanged from the prior quarter.
Reported value -26.9%; share count 0.0% vs. the prior quarter.
Reported position value by quarter
Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.
| Date | Holding Value |
|---|---|
| 2023-06-30 | 8906 |
| 2023-09-30 | 7219 |
| 2023-12-31 | 1219 |
| 2024-03-31 | 1519 |
| 2024-06-30 | 1369 |
| 2024-09-30 | 1350 |
| 2024-12-31 | 1444 |
| 2025-03-31 | 1406 |
| 2025-06-30 | 1013 |
| 2025-09-30 | 2719 |
| 2025-12-31 | 1988 |
| 2026-03-31 | 2344 |
| 2026-06-30 | 1875 |
| 2026-09-30 | 2081 |
Quarterly position history
How this manager's reported quarter-end position changed over time.
| Quarter | Activity | Shares | Change | % of reported 13F | Reported value | Filed | Source filing |
|---|---|---|---|---|---|---|---|
| Q3 2026 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $2,081 | 2026-11-02 | |
| Q2 2026 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $1,875 | 2026-07-31 | |
| Q1 2026 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $2,344 | 2026-05-04 | |
| Q4 2025 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $1,988 | 2026-01-29 | |
| Q3 2025 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $2,719 | 2025-10-20 | |
| Q2 2025 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $1,013 | 2025-08-08 | |
| Q1 2025 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $1,406 | 2025-04-29 | |
| Q4 2024 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $1,444 | 2025-01-24 | |
| Q3 2024 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $1,350 | 2024-11-07 | |
| Q2 2024 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $1,369 | 2024-07-25 | |
| Q1 2024 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $1,519 | 2024-05-08 | |
| Q4 2023 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $1,219 | 2024-01-31 | |
| Q3 2023 | Unchanged | 187,500 | 0 (0.0%) | < 0.01% | $7,219 | 2023-10-26 | |
| Q2 2023 | New | 187,500 | +187,500 (0.0%) | < 0.01% | $8,906 | 2023-07-28 |
Who else reported the position
21 managers reported BENEFICIENT for Q4 2025.
| Manager | Activity | Shares | Change | % of reported 13F | Reported value | Tenure |
|---|---|---|---|---|---|---|
| MMCAP International Inc SPC | Unchanged | 750,000 | 0 | < 0.01% | $7,950 | 11 qtrs |
| Clear Street Group Inc | Reduced | 747,999 | -100 | < 0.01% | $7,929 | 2 qtrs |
| RIVERNORTH CAPITAL MANAGEMENT LLC | Unchanged | 562,494 | 0 | < 0.01% | $5,962 | 11 qtrs |
| LMR Partners LLP | Unchanged | 487,500 | 0 | < 0.01% | $5,168 | 11 qtrs |
| The Goldman Sachs Group Inc | Unchanged | 379,725 | 0 | < 0.01% | $4,025 | 11 qtrs |
| TORONTO DOMINION BANK | Unchanged | 365,296 | 0 | < 0.01% | $4,018 | 3 qtrs |
| TENOR CAPITAL MANAGEMENT Co L P | Unchanged | 300,000 | 0 | < 0.01% | $3,180 | 11 qtrs |
| Hudson Bay Capital Management LP | Unchanged | 300,000 | 0 | < 0.01% | $3,180 | 11 qtrs |
| Context Capital Management LLC | Unchanged | 210,024 | 0 | < 0.01% | $2,226 | 11 qtrs |
| Calamos Advisors LLC This report | Unchanged | 187,500 | 0 | < 0.01% | $1,988 | 11 qtrs |
Filing details and methodology As reported
- Report period
- December 31, 2025
- Filed
- January 29, 2026
- Filing type
- 13F-HR
- Position type
- *W EXP 06/07/202
Voting authority reported
- Sole
- 187,500
- Shared
- 0
- None
- 0
“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.
Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.