Murchinson Ltd.
CIK: 0001838556Latest portfolio: $621.5M · Q4 2025
Holdings
59
Total Value
$621.5M
New Positions
31
Closed Positions
53
Top Holdings
View All 59 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | TRPTC ENERGY CORP | 2,968,068 | $163.3M | 26.27% | -1,092,000 | Put |
| 2 | WOLFWOLFSPEED INC | 3,884,353 | $67.6M | 10.88% | -27,861 | Put |
| 3 | NTRNUTRIEN LTD | 947,600 | $58.5M | 9.41% | NEW | Put |
| 4 | SOBOSOUTH BOW CORP | 1,467,400 | $40.3M | 6.49% | NEW | Put |
| 5 | SPYSPDR S&P 500 ETF TR | 50,000 | $34.1M | 5.49% | NEW | Put |
| 6 | SIRI 3.75 03/15/28LIBERTY MEDIA CORP DEL | 250,000 | $25.2M | 4.06% | — | |
| 7 | NNDMNANO DIMENSION LTD | 15,550,000 | $23.9M | 3.85% | — | |
| 8 | RYROYAL BK CDA | 115,600 | $19.7M | 3.17% | -186,600 | Put |
| 9 | ORCLORACLE CORP | 100,000 | $19.5M | 3.14% | NEW | Call |
| 10 | TDTORONTO DOMINION BK ONT | 180,000 | $17.0M | 2.73% | +38K | Put |
| 11 | SUNCSUNOCOCORP LLC | 317,768 | $15.7M | 2.52% | NEW | |
| 12 | MIGASTRATEGY INC | 100,000 | $15.2M | 2.44% | NEW | Put |
| 13 | BMOBANK MONTREAL QUE | 98,347 | $12.8M | 2.05% | +38K | Put |
| 14 | RKTROCKET COS INC | 600,015 | $11.6M | 1.87% | +300K | Put |
| 15 | MCGAYORKVILLE ACQUISITION CORP. | 1,000,400 | $10.1M | 1.63% | — | |
| 16 | PTHSPELTHOS THERAPEUTICS INC | 289,479 | $9.0M | 1.44% | +9K | |
| 17 | DAYDAYFORCE INC | 100,371 | $6.9M | 1.12% | NEW | |
| 18 | MRNAMODERNA INC | 200,000 | $5.9M | 0.95% | NEW | Put |
| 19 | PYPLPAYPAL HLDGS INC | 100,000 | $5.8M | 0.94% | NEW | Call |
| 20 | AEMAGNICO EAGLE MINES LTD | 30,000 | $5.1M | 0.82% | -45,600 | Put |
| 21 | NFLXNETFLIX INC | 50,000 | $4.7M | 0.75% | NEW | |
| 22 | CLSTCATALYST BANCORP INC | 259,067 | $4.1M | 0.66% | NEW | |
| 23 | ENBENBRIDGE INC | 85,144 | $4.1M | 0.66% | NEW | Put |
| 24 | FLRFLUOR CORP NEW | 100,000 | $4.0M | 0.64% | NEW | Put |
| 25 | ORMPORAMED PHARMACEUTICALS INC | 1,340,247 | $3.8M | 0.61% | -411,312 |
Quarterly Changes
New Positions
Sector Breakdown
Financial Services0.0% ($3.4096197081695616e+41T)
Unknown0.0% ($2520715195694123520.0T)
Technology0.0% ($67625239471949112.0T)
Healthcare0.0% ($8973589838193.7T)
Consumer Cyclical0.0% ($31862384295.3T)
Energy0.0% ($16327240309.2T)
Basic Materials0.0% ($5848450.8T)
Communication Services0.0% ($468.8T)
Industrials0.0% ($396.3T)
Consumer Defensive0.0% ($2.6B)
Real Estate0.0% ($19.8M)
Utilities0.0% ($35K)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 17, 2026 | $621.5M | 75 |
| Q3 2025 | Nov 14, 2025 | $788.2B | 96 |
| Q2 2025 | Aug 14, 2025 | $282.4B | 62 |
| Q1 2025 | May 15, 2025 | $1.9T | 98 |
| Q4 2024 | Feb 14, 2025 | $233.7B | 55 |
| Q3 2024 | Nov 14, 2024 | $368.2B | 81 |
| Q2 2024 | Aug 14, 2024 | $542.9B | 70 |
| Q1 2024 | May 15, 2024 | $966.8B | 69 |
| Q4 2023 | Feb 14, 2024 | $574.1B | 35 |
| Q3 2023 | Nov 14, 2023 | $779.6B | 58 |
| Q2 2023 | Aug 14, 2023 | $787.7B | 93 |
| Q1 2023 | May 15, 2023 | $702.6B | 43 |
| Q4 2022 | Feb 10, 2023 | $757.2B | 47 |
| Q3 2022 | Nov 14, 2022 | $345.1M | 85 |
| Q2 2022 | Aug 15, 2022 | $522.6M | 107 |
| Q1 2022 | May 12, 2022 | $523.6M | 112 |
| Q4 2021 | Feb 14, 2022 | $1.1B | 144 |
| Q3 2021 | Nov 15, 2021 | $201.2M | 108 |
| Q2 2021 | Aug 13, 2021 | $278.3M | 139 |
Fund Information
Murchinson Ltd. is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $621.5M across 59 holdings. The largest position is TC ENERGY CORP (TRP), representing 26.3% of the portfolio. Compared to the previous quarter, the fund opened 35 new positions and closed 56 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.