Sandia Investment Management LP Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$33.6M

Holdings

106

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (106 positions)

#	Stock	Shares	Value	% Portfolio
1	GCTS/WSGCT SEMICONDUCTOR HLDG INC	400,248	$75.0M	223.64%
2	HYACHAYMAKER ACQUISITION CORP IV	162,499	$72.6M	216.41%
3	BEAGBOLD EAGLE ACQUISITION CORP	150,000	$40.5M	120.69%
4	LOBLIVE OAK ACQUISITION CORP V	49,500	$24.0M	71.56%
5	COCHWENVOY MEDICAL INC	589,886	$22.2M	66.10%
6	FACTFACT II ACQUISITION CORP	62,550	$17.5M	52.19%
7	ANNAALEANNA INC	74,647	$14.2M	42.27%
8	YCYAA MISSION ACQUISITION CORP	75,000	$12.0M	35.76%
9	ABPWWABPRO HLDGS INC	358,427	$8.5M	25.21%
10	BDMDBAIRD MED INVT HLDGS LTD	108,100	$7.7M	22.97%
11	—NEWHOLD INVT CORP III	12,500	$4.5M	13.41%
12	POLEANDRETTI ACQUISITION CORP II	20,000	$4.0M	11.92%
13	MACIMELAR ACQUISITION CORP. I	25,000	$3.9M	11.65%
14	HYACHAYMAKER ACQUISITION CORP IV	200,000	$2.3M	6.76%
15	BEAGBOLD EAGLE ACQUISITION CORP	180,870	$1.9M	5.61%
16	BAERWBRIDGER AEROSPACE GRP HLDGS	17,690	$1.4M	4.06%
17	FACTFACT II ACQUISITION CORP	125,100	$1.3M	3.85%
18	LOBLIVE OAK ACQUISITION CORP V	100,000	$1.0M	3.04%
19	RGSREGIS CORPORATION	32,936	$960K	2.86%
20	BULLWEBULL CORP	64,497	$954K	2.84%
21	BACQBLEICHROEDER ACQUISITION COR	87,500	$910K	2.71%
22	VIAVIA TRANSN INC	17,000	$817K	2.44%
23	WBIWATERBRIDGE INFRASTRUCTURE L	25,000	$631K	1.88%
24	LOARLOAR HOLDINGS INC	7,490	$599K	1.79%
25	APACSTONEBRIDGE ACQUISITION II C	60,000	$598K	1.78%
26	SFDSMITHFIELD FOODS INC	25,000	$587K	1.75%
27	ATEXANTERIX INC	27,340	$587K	1.75%
28	WAYWAYSTAR HLDG CORP	15,000	$569K	1.70%
29	KGSKODIAK GAS SVCS INC	15,000	$555K	1.65%
30	SAROSTANDARDAERO INC	20,000	$546K	1.63%
31	YCYAA MISSION ACQUISITION CORP	50,000	$526K	1.57%
32	FTWEQV VENTURES ACQUISITION COR	50,000	$519K	1.55%
33	DRDBROMAN DBDR ACQUISITION CORP	50,100	$517K	1.54%
34	GTENGORES HLDGS X INC	50,126	$512K	1.53%
35	OTGAOTG ACQUISITION CORP. I	50,581	$509K	1.52%
36	MBVIM3-BRIGADE ACQUISITION VI CO	50,000	$506K	1.51%
37	NUVLNUVALENT INC	5,500	$476K	1.42%
38	SAILSAILPOINT INC	20,000	$442K	1.32%
39	ETORETORO GROUP LTD	10,000	$413K	1.23%
40	KLARKLARNA GROUP PLC	11,000	$403K	1.20%
41	SRGSERITAGE GROWTH PPTYS	93,887	$399K	1.19%
42	ALDFALDEL FINL II INC	37,500	$392K	1.17%
43	KRMNKARMAN HLDGS INC	5,000	$361K	1.08%
44	BRCBBLACK ROCK COFFEE BAR INC	15,000	$358K	1.07%
45	NIQNIQ GLOBAL INTELLIGENCE PLC	22,500	$353K	1.05%
46	SNDASONIDA SENIOR LIVING INC	12,612	$350K	1.04%
47	OMDAOMADA HEALTH INC	15,000	$332K	0.99%
48	FIGRFIGURE TECHNOLOGY SOLUTIO	8,500	$309K	0.92%
49	LGNLEGENCE CORP	10,000	$308K	0.92%
50	SEGSEAPORT ENTMT GROUP INC	13,311	$305K	0.91%
51	LAKELAKELAND INDS INC	20,580	$305K	0.91%
52	CHYMCHIME FINL INC	15,000	$303K	0.90%
53	ASICATEGRITY SPECIALTY IN CO HO	15,300	$302K	0.90%
54	PRTAPROTHENA CORP PLC	29,950	$292K	0.87%
55	CTRICENTURI HOLDINGS INC	13,400	$284K	0.85%
56	KVYOKLAVIYO INC	10,000	$277K	0.83%
57	MIAXMIAMI INTL HLDGS INC	6,600	$266K	0.79%
58	POLEANDRETTI ACQUISITION CORP II	25,000	$262K	0.78%
59	JENAJENA ACQUISITION CORP II	25,000	$260K	0.78%
60	CAICARIS LIFE SCIENCES INC	8,600	$260K	0.78%
61	NHICNEWHOLD INVT CORP III	25,000	$255K	0.76%
62	PAIIPYROPHYTE ACQUISITION CORP.	25,000	$253K	0.75%
63	HTFLHEARTFLOW INC	7,500	$252K	0.75%
64	SOCASOLARIUS CAPITAL ACQU CORP	25,000	$252K	0.75%
65	TLNCUTALON CAP CORP	24,900	$250K	0.75%
66	MACIMELAR ACQUISITION CORP. I	23,711	$249K	0.74%
67	CLARCLARUS CORP NEW	68,943	$241K	0.72%
68	RVMDREVOLUTION MEDICINES INC	5,000	$234K	0.70%
69	GEMIGEMINI SPACE STA INC	9,500	$228K	0.68%
70	NTSKNETSKOPE INC	10,000	$227K	0.68%
71	SLDESLIDE INS HLDGS INC	14,000	$221K	0.66%
72	COGTCOGENT BIOSCIENCES INC	15,000	$215K	0.64%
73	JAKKJAKKS PAC INC	11,011	$206K	0.61%
74	BDCIBTC DEV CORP	20,000	$202K	0.60%
75	AXINAXIOM INTELLIGENCE AC CORP 1	20,000	$202K	0.60%
76	BACCBLUE ACQUISITION CORP.	20,000	$202K	0.60%
77	FTWEQV VENTURES AC CORP. II	20,000	$200K	0.60%
78	CRCLCIRCLE INTERNET GROUP INC	1,500	$199K	0.59%
79	MHMCGRAW HILL INC	15,000	$188K	0.56%
80	OMCCOLD MKT CAP CORP	35,842	$185K	0.55%
81	RAPPRAPPORT THERAPEUTICS INC	6,000	$178K	0.53%
82	KSPIKASPI KZ JSC	2,175	$178K	0.53%
83	SVACSPRING VALLEY ACQUISTN CORP	339,645	$177K	0.53%
84	CTRECARETRUST REIT INC	5,000	$173K	0.52%
85	PACSPACS GROUP INC	12,500	$172K	0.51%
86	VOYGVOYAGER TECHNOLOGIES INC	5,500	$164K	0.49%
87	DMIIDRUGS MADE IN AMER ACQUTN CO	15,721	$161K	0.48%
88	CMIIUCOLUMBUS CIRCLE CAP CORP. I	15,000	$160K	0.48%
89	CRBGCOREBRIDGE FINL INC	5,000	$160K	0.48%
90	—M3BRIGADE ACQUISITION V CORP	15,000	$158K	0.47%
91	FLYFIREFLY AEROSPACE INC	5,000	$147K	0.44%
92	VGVENTURE GLOBAL INC	10,000	$142K	0.42%
93	CHACRCRANE HBR ACQUISITION CORP	11,921	$121K	0.36%
94	—FIGX CAP ACQUISITION CORP.	11,888	$120K	0.36%
95	CEPFCANTOR EQUITY PARTNERS III I	11,250	$116K	0.35%
96	KIDZCLASSOVER HLDGS INC	90,000	$109K	0.32%
97	FCRSFUTURECREST ACQUISITION CORP	10,000	$106K	0.32%
98	ONCH1RT ACQUISITION CORP.	10,000	$106K	0.31%
99	TTAMTITAN AMER SA	5,000	$75K	0.22%
100	KDPKEURIG DR PEPPER INC	2,500	$64K	0.19%

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