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Livermore
Livermore
ZHEN

Black Maple Capital Management LP

SEC CIK
0001588959
Latest filing
Aug 14, 2026

The latest 13F from Black Maple Capital Management LP covers Q2 2026 (filed Aug 14, 2026): 82 long positions worth $149.1M. The top 10 holdings make up 62.2% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 21.0%. Livermore has 18 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
16
Est. +$10.9M
Added
17
Est. +$20.5M
Reduced
19
Est. −$15.8M
Sold out
14
Est. −$11.9M

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    21.0%$31.4MHistory
  2. EXEExpand Energy Corp
    7.8%$11.6MHistory
  3. PNFPPinnacle Financial Partners, Inc.
    5.1%$7.65MHistory
  4. HBANHuntington Bancshares Inc
    4.7%$7.01MHistory
  5. ALKAlaska Air Group, Inc.
    4.7%$6.94MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. TFCTruist Financial Corp
    +$6.63MNewHistory
  2. AVGOBroadcom Inc.
    +$5.62MAddedHistory
  3. EXEExpand Energy Corp
    +$5.40MAddedHistory
  4. FSUNFirstsun Capital Bancorp
    +$2.37MAddedHistory
  5. WFCWells Fargo & Company
    +$1.94MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. TFCTruist Financial Corp
    +4.44 pp0.0% → 4.4%History
  2. AVGOBroadcom Inc.
    +3.81 pp0.5% → 4.4%History
  3. EXEExpand Energy Corp
    +2.04 pp5.8% → 7.8%History
  4. FSUNFirstsun Capital Bancorp
    +1.58 pp0.2% → 1.8%History
  5. WFCWells Fargo & Company
    +1.25 pp0.5% → 1.8%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. BACBank of America Corp
    −$4.72MSold outHistory
  2. BANCBanc of California, Inc.
    −$4.35MReducedHistory
  3. WALWestern Alliance Bancorporation
    −$3.99MReducedHistory
  4. SYFSynchrony Financial
    −$2.14MSold outHistory
  5. ALKAlaska Air Group, Inc.
    −$2.07MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. BACBank of America Corp
    −3.63 pp3.6% → 0.0%History
  2. BANCBanc of California, Inc.
    −2.87 pp3.4% → 0.5%History
  3. WALWestern Alliance Bancorporation
    −2.61 pp4.6% → 2.0%History
  4. SYFSynchrony Financial
    −1.65 pp1.6% → 0.0%History
  5. METAMeta Platforms, Inc.
    −0.98 pp1.0% → 0.0%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$149.1M
+$18.9M (+14.5%) vs. prior quarter
Positions
82
+2 vs. prior quarter
Top 10 concentration
62.2%
Top 10 as share of value
Turnover
19.9%
Q2 2026, one quarter
Average holding period
6.6 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

18 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $150.3M (Q1 2024)

Q1 2021: $66.2MQ2 2021: $63.9MQ3 2021: $66.0MQ4 2022: $62.4MQ1 2023: $79.9MQ2 2023: $85.8MQ3 2023: $110.8MQ4 2023: $108.5MQ1 2024: $150.3MQ2 2024: $136.1MQ3 2024: $132.8MQ4 2024: $131.3MQ1 2025: $127.4MQ2 2025: $144.6MQ3 2025: $138.0MQ4 2025: $133.8MQ1 2026: $130.2MQ2 2026: $149.1M
Q1 2021Q2 2026
13F filings of Black Maple Capital Management LP by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202682$149.1MSPYEXEPNFPvs. Q1 2026SEC
Q1 2026May 15, 202680$130.2MSPYEXEPNFPvs. Q4 2025SEC
Q4 2025Feb 17, 202681$133.8MSPYWALPNFPvs. Q3 2025SEC
Q3 2025Nov 14, 202576$138.0MSPYARPNFPvs. Q2 2025SEC
Q2 2025Aug 14, 202586$144.6MSPYiShares TrARvs. Q1 2025SEC
Q1 2025May 15, 202582$127.4MSPYWALDALvs. Q4 2024SEC
Q4 2024Feb 14, 202581$131.3MSPYWALBANCvs. Q3 2024SEC
Q3 2024Nov 14, 202482$132.8MSPYWFCBANCvs. Q2 2024SEC
Q2 2024Aug 14, 202486$136.1MSPYCMABANCvs. Q1 2024SEC
Q1 2024May 15, 2024100$150.3MSPYEQTBANCvs. Q4 2023SEC
Q4 2023Feb 14, 202485$108.5MSPYCMBTEOGvs. Q3 2023SEC
Q3 2023Nov 14, 202397$110.8MSPYATVIVMWvs. Q2 2023SEC
Q2 2023Aug 14, 202391$85.8MSPYISEETFCvs. Q1 2023SEC
Q1 2023May 15, 202361$79.9MSPYAmryt Pharma PLCRBAvs. Q4 2022SEC
Q4 2022Feb 14, 202351$62.4MSPYIAASierra Wireless Inc–SEC
Q3 2021Nov 15, 202164$66.0MSPYiShares MSCI Eafe ETFSPDR Series Trustvs. Q2 2021SEC
Q2 2021Aug 16, 202170$63.9MSPYSPDR Series TrustState Street Financial Select Sector SPDR ETFvs. Q1 2021SEC
Q1 2021May 17, 202162$66.2MSPYState Street Financial Select Sector SPDR ETFState Street Energy Select Sector SPDR ETF–SEC

13D and 13G filings

Companies where Black Maple Capital Management LP reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Black Maple Capital Management LP does not currently report owning 5% or more of any company.

Latest filings

7 filings on file made by Black Maple Capital Management LP or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Black Maple Capital Management LP
CompanyFiled (ET)FilerFormStakeChangeEvent dateFiling
American Riviera BancorpCommon Stock, no par value per shareFeb 24, 202611:38 AM ETPL Capital Advisors, LLCand 6 others13D/A9.97%569.5K shares+0.37 ppfrom 9.60%Feb 19, 2026SEC
FISIFinancial Institutions IncOct 2, 20255:03 PM ETPL Capital Advisors, LLCand 13 others13D/A8.90%1.79M shares+1.40 ppfrom 7.50%Sep 30, 2025SEC
FISIFinancial Institutions IncAug 15, 20256:02 PM ETPL Capital Advisors, LLCand 13 others13D/A7.50%1.50M shares+1.20 ppfrom 6.30%Aug 13, 2025SEC
FISIFinancial Institutions IncMar 18, 20257:18 PM ETPL Capital Advisors, LLCand 10 others13D6.30%1.26M sharesNewMar 12, 2025SEC
American Riviera BancorpCommon Stock, no par value per shareFeb 27, 20258:48 PM ETPL Capital Advisors, LLCand 5 others13D9.60%557.5K sharesNewFeb 20, 2025SEC
VREOFVireo Growth Inc.Jan 10, 202511:58 AM ETBarnard Robert Jamesand 1 other13G/A3.40%11.3M shares−3.10 ppfrom 6.50%Below 5%Dec 31, 2024SEC
VREOFVireo Growth Inc.Jan 19, 202411:19 AM ETBarnard Robert Jamesand 1 other13G/A6.50%11.7M shares–Dec 31, 2023SEC