Reported 48,750 shares, unchanged from the prior quarter.
Reported value 108.9%; 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 |
|---|---|
| 2023-12-31 | 488 |
| 2024-03-31 | 382 |
| 2024-06-30 | 356 |
| 2024-09-30 | 419 |
| 2024-12-31 | 375 |
| 2025-03-31 | 356 |
| 2025-06-30 | 336 |
| 2025-09-30 | 702 |
| 2025-12-31 | 517 |
| 2026-03-31 | 683 |
| 2026-06-30 | 477 |
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 |
|---|---|---|---|---|---|---|---|
| Q2 2026 | Unchanged | 48,750 | 0 (0.0%) | < 0.01% | $477 | 2026-08-14 | |
| Q1 2026 | Unchanged | 48,750 | 0 (0.0%) | < 0.01% | $683 | 2026-05-15 | |
| Q4 2025 | Unchanged | 48,750 | 0 (0.0%) | < 0.01% | $517 | 2026-02-12 | |
| Q3 2025 | Unchanged | 48,750 | 0 (0.0%) | < 0.01% | $702 | 2025-11-14 | |
| Q2 2025 | Unchanged | 48,750 | 0 (0.0%) | < 0.01% | $336 | 2025-08-14 | |
| Q1 2025 | Unchanged | 48,750 | 0 (0.0%) | < 0.01% | $356 | 2025-05-15 | |
| Q4 2024 | Unchanged | 48,750 | 0 (0.0%) | < 0.01% | $375 | 2025-02-11 | |
| Q3 2024 | Unchanged | 48,750 | 0 (0.0%) | < 0.01% | $419 | 2024-11-14 | |
| Q2 2024 | Unchanged | 48,750 | 0 (0.0%) | < 0.01% | $356 | 2024-08-14 | |
| Q1 2024 | Unchanged | 48,750 | 0 (0.0%) | < 0.01% | $382 | 2024-05-15 | |
| Q4 2023 | New | 48,750 | +48,750 (0.0%) | < 0.01% | $488 | 2024-02-14 |
Who else reported the position
22 managers reported BENEFICIENT for Q3 2025.
| Manager | Activity | Shares | Change | % of reported 13F | Reported value | Tenure |
|---|---|---|---|---|---|---|
| MMCAP International Inc SPC | Unchanged | 750,000 | 0 | < 0.01% | $10,800 | 10 qtrs |
| Clear Street Group Inc | Reduced | 748,099 | -1,300 | < 0.01% | $10,773 | 1 qtr |
| RIVERNORTH CAPITAL MANAGEMENT LLC | Unchanged | 562,494 | 0 | < 0.01% | $8,100 | 10 qtrs |
| LMR Partners LLP | Unchanged | 487,500 | 0 | < 0.01% | $7,020 | 10 qtrs |
| The Goldman Sachs Group Inc | Unchanged | 379,725 | 0 | < 0.01% | $5,468 | 10 qtrs |
| TORONTO DOMINION BANK | Reduced | 365,296 | -900 | < 0.01% | $5,114 | 2 qtrs |
| TENOR CAPITAL MANAGEMENT Co L P | Unchanged | 300,000 | 0 | < 0.01% | $4,320 | 10 qtrs |
| Hudson Bay Capital Management LP | Unchanged | 300,000 | 0 | < 0.01% | $4,320 | 10 qtrs |
| Context Capital Management LLC | Unchanged | 210,024 | 0 | < 0.01% | $3,024 | 10 qtrs |
| Calamos Advisors LLC | Unchanged | 187,500 | 0 | < 0.01% | $2,719 | 10 qtrs |
Filing details and methodology As reported
- Report period
- September 30, 2025
- Filed
- November 14, 2025
- Filing type
- 13F-HR
- Position type
- *W EXP 06/07/202
Voting authority reported
- Sole
- 48,750
- 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.