Skip to main content
Livermore
Livermore
ZHEN

Quarry LP

SEC CIK
0001965207
Latest filing
Aug 14, 2026

Holdings in Q4 2025

Holdings as of Dec 31, 2025, filed Feb 13, 2026. Long positions only; changes compare share counts with Q3 2025.

Institution overview
Positions
2,064
−39 vs. Q3 2025
Portfolio value
$611.0M
+$201.7M (+49.3%) vs. Q3 2025
Filed
Feb 13, 2026
SEC
Holdings of Quarry LP in Q4 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
QTWOQ2 Holdings, Inc.COM142$10.2K<0.1%−555−79.6%ReducedHistory
TRIPTripAdvisor, Inc.COM705$10.3K<0.1%−1,743−71.2%ReducedHistory
TJXTJX Companies IncStock67$10.3K<0.1%+67NewHistory
BKDBrookdale Senior Living Inc.COM954$10.3K<0.1%+954NewHistory
DQDaqo New Energy Corp.SPNSRD ADS NEW349$10.3K<0.1%−583−62.6%ReducedHistory
THSTreeHouse Foods, Inc.COM438$10.3K<0.1%+438NewHistory
RACEFerrari N.V.COM28$10.3K<0.1%−2,311−98.8%ReducedHistory
PLMRPalomar Holdings, Inc.Stock77$10.4K<0.1%−318−80.5%ReducedHistory
OZKBank OZKCOM227$10.4K<0.1%−2,296−91.0%ReducedHistory
CRVLCorvel CorpCOM155$10.5K<0.1%−358−69.8%ReducedHistory
IAGIamgold CorpCOM636$10.5K<0.1%−40,476−98.5%ReducedHistory
FRMEFirst Merchants CorpCOM280$10.5K<0.1%+39+16.2%AddedHistory
TCBKTrico BancsharesCOM223$10.6K<0.1%+215+2,687.5%AddedHistory
BATRAAtlanta Braves Holdings, Inc.COM SER A249$10.6K<0.1%−1,382−84.7%ReducedHistory
NMFCNew Mountain Finance CorpCOM1,149$10.6K<0.1%+1,149NewHistory
SENSSenseonics Holdings, Inc.COM1,920$10.6K<0.1%+1,920NewHistory
MLKNMillerknoll, Inc.COM580$10.6K<0.1%−396−40.6%ReducedHistory
MMSMaximus, Inc.COM123$10.6K<0.1%+123NewHistory
MITKMitek Systems IncCOM NEW1,008$10.6K<0.1%+1,008NewHistory
OROR Royalties Inc.COM SHS301$10.7K<0.1%+301NewHistory
AURAurora Innovation, Inc.CLASS A COM2,777$10.7K<0.1%−1,133−29.0%ReducedHistory
JHGJanus Henderson Group Ltd.ORD SHS225$10.7K<0.1%−617−73.3%ReducedHistory
NVTnVent Electric plcSHS105$10.7K<0.1%+105NewHistory
CBKCommercial Bancgroup, Inc.COM438$10.8K<0.1%+438NewHistory
CWHCamping World Holdings, Inc.CL A1,108$10.8K<0.1%−460−29.3%ReducedHistory
MCRIMonarch Casino & Resort IncCOM113$10.8K<0.1%+113NewHistory
ADIAnalog Devices IncStock40$10.8K<0.1%−184−82.1%ReducedHistory
BAPCredicorp LtdCOM38$10.9K<0.1%−134−77.9%ReducedHistory
CIVICivitas Resources, Inc.EQUITY US CM403$10.9K<0.1%+356+757.4%AddedHistory
CACCamden National CorpCOM252$10.9K<0.1%+252NewHistory
LUMNLumen Technologies, Inc.Stock1,407$10.9K<0.1%−16,593−92.2%ReducedHistory
DOCSDoximity, Inc.CL A247$10.9K<0.1%+185+298.4%AddedHistory
PFLTPennantPark Floating Rate Capital Ltd.COM1,181$10.9K<0.1%−2,852−70.7%ReducedHistory
NYTNew York Times CoCL A158$11.0K<0.1%−3,193−95.3%ReducedHistory
SWIMLatham Group, Inc.COM1,728$11.0K<0.1%−75−4.2%ReducedHistory
STNGScorpio Tankers Inc.SHS216$11.0K<0.1%−728−77.1%ReducedHistory
DJTTrump Media & Technology Group Corp.Stock831$11.0K<0.1%+238+40.1%AddedHistory
MOMOHello Group Inc.ADS1,689$11.1K<0.1%−7,074−80.7%ReducedHistory
OOMAOoma IncCOM946$11.1K<0.1%−5,462−85.2%ReducedHistory
GLOBGlobant S.A.COM170$11.1K<0.1%+170NewHistory
TRMBTrimble Inc.COM142$11.1K<0.1%−222−61.0%ReducedHistory
REVGREV Group, Inc.COM183$11.1K<0.1%−1,042−85.1%ReducedHistory
KNSAKiniksa Pharmaceuticals International, plcORD SHS CL A270$11.1K<0.1%−856−76.0%ReducedHistory
PSMTPricesmart IncCOM91$11.2K<0.1%+91NewHistory
GILGildan Activewear Inc.Stock179$11.2K<0.1%−7,756−97.7%ReducedHistory
INVAInnoviva, Inc.COM560$11.2K<0.1%+560NewHistory
WLDNWilldan Group, Inc.COM108$11.2K<0.1%−50−31.6%ReducedHistory
BSYBentley Systems IncCOM CL B294$11.2K<0.1%+294NewHistory
LTHLife Time Group Holdings, Inc.COMMON STOCK423$11.2K<0.1%−616−59.3%ReducedHistory
TENBTenable Holdings, Inc.COM478$11.2K<0.1%−388−44.8%ReducedHistory
LYTSLsi Industries IncCOM614$11.2K<0.1%−1,720−73.7%ReducedHistory
GTXGarrett Motion Inc.Stock646$11.3K<0.1%−1,969−75.3%ReducedHistory
FFINFirst Financial Bankshares IncCOM378$11.3K<0.1%−648−63.2%ReducedHistory
NBTBNBT Bancorp IncCOM272$11.3K<0.1%+100+58.1%AddedHistory
CTRICenturi Holdings, Inc.COM SHS448$11.3K<0.1%−845−65.4%ReducedHistory
PEGPublic Service Enterprise Group IncCOM141$11.3K<0.1%−639−81.9%ReducedHistory
DMIIRDrugs Made In America Acquisition II Corp.RIGHT 09/16/203080,900$11.3K<0.1%+80,900NewHistory
TREXTrex Co IncCOM323$11.3K<0.1%+109+50.9%AddedHistory
GRCGorman Rupp CoCOM239$11.4K<0.1%+12+5.3%AddedHistory
CIONCION Investment CorpCOM1,183$11.4K<0.1%+297+33.5%AddedHistory
HRTGHeritage Insurance Holdings, Inc.COM391$11.4K<0.1%−132−25.2%ReducedHistory
MOG.AMoog Inc.CL A47$11.4K<0.1%+46+4,600.0%AddedHistory
LFCRLifecore Biomedical, Inc.COM1,400$11.5K<0.1%−2,383−63.0%ReducedHistory
WSRWhitestone REITCOM825$11.5K<0.1%−3,742−81.9%ReducedHistory
PRAAPra Group IncCOM648$11.5K<0.1%+484+295.1%AddedHistory
MMIMarcus & Millichap, Inc.COM421$11.5K<0.1%+170+67.7%AddedHistory
MSMorgan StanleyStock65$11.5K<0.1%−2,295−97.2%ReducedHistory
SYNASYNAPTICS IncStock156$11.5K<0.1%−81−34.2%ReducedHistory
iShares Tr464288281JPMORGAN USD EMG120$11.6K<0.1%+120New–
LIVNLivaNova PLCSHS188$11.6K<0.1%−504−72.8%ReducedHistory
AIRAar CorpStock140$11.6K<0.1%+140NewHistory
EPACEnerpac Tool Group CorpCL A COM305$11.7K<0.1%−812−72.7%ReducedHistory
ATRCAtriCure, Inc.COM295$11.7K<0.1%+193+189.2%AddedHistory
OKEONEOK IncCOM159$11.7K<0.1%−121−43.2%ReducedHistory
LRNStride, Inc.COM180$11.7K<0.1%+180NewHistory
APPNAppian CorpCL A330$11.7K<0.1%+268+432.3%AddedHistory
KGCKinross Gold CorpCOM416$11.7K<0.1%−64−13.3%ReducedHistory
ADNTAdient plcStock614$11.8K<0.1%−1,690−73.4%ReducedHistory
TROWPrice T Rowe Group IncStock115$11.8K<0.1%−483−80.8%ReducedHistory
NPOEnpro Inc.COM55$11.8K<0.1%+1+1.9%AddedHistory
UTLUnitil CorpCOM244$11.8K<0.1%−426−63.6%ReducedHistory
DOLEDole plcORD SHS789$11.8K<0.1%−3,822−82.9%ReducedHistory
PFSIPennyMac Financial Services, Inc.COM90$11.9K<0.1%+90NewHistory
GLDSPDR Gold TrustETF30$11.9K<0.1%+30NewHistory
ISRGIntuitive Surgical IncCOM NEW21$11.9K<0.1%−152−87.9%ReducedHistory
TMDXTransMedics Group, Inc.COM98$11.9K<0.1%−861−89.8%ReducedHistory
Mountain Lake Acquisition Corp.G6301B127RIGHT 11/15/202850,000$12.0K<0.1%−47,400−48.7%Reduced–
NOVNOV Inc.COM771$12.1K<0.1%+771NewHistory
QSQuantumScape CorpCOM CL A1,157$12.1K<0.1%−8,181−87.6%ReducedHistory
CNXCConcentrix CorpStock290$12.1K<0.1%+290NewHistory
VRNSVaronis Systems IncCOM368$12.1K<0.1%−11−2.9%ReducedHistory
CPSCooper-Standard Holdings Inc.COM368$12.1K<0.1%+161+77.8%AddedHistory
BANRBanner CorpCOM NEW193$12.1K<0.1%+164+565.5%AddedHistory
QLYSQualys, Inc.COM91$12.1K<0.1%+91NewHistory
RBCAARepublic Bancorp IncCL A176$12.1K<0.1%−194−52.4%ReducedHistory
NPCENeuroPace IncCOM790$12.2K<0.1%−3,055−79.5%ReducedHistory
EMEEMCOR Group, Inc.Stock20$12.2K<0.1%−306−93.9%ReducedHistory
LILALiberty Latin America Ltd.COM CL A1,656$12.2K<0.1%+1,656NewHistory
RUSHARush Enterprises IncCL A227$12.2K<0.1%−145−39.0%ReducedHistory
ONDSOndas Inc.COM NEW1,257$12.3K<0.1%+1,257NewHistory

Options (27)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Quarry LP in Q4 2025
SecurityClassPutsCalls
State Street Financial Select Sector SPDR ETF81369Y605ETF$8.22M–
SPYSPDR S&P 500 ETF TrustETF$5.11M–
SLViShares Silver TrustETF$4.51M–
NXENexGen Energy Ltd.COM–$3.36M
iShares Tr464288513IBOXX HI YD ETF$2.10M–
DNNDenison Mines Corp.COM–$798.0K
HCIHCI Group, Inc.COM–$498.4K
SBUXStarbucks CorpStock$421.1K–
KNSLKinsale Capital Group, Inc.Stock$312.9K–
Invesco Exchange Traded FD T46137V357S&P500 EQL WGT$306.5K–
PEPPepsiCo IncStock$287.0K–
FTAIFTAI Aviation Ltd.SHS–$275.6K
iShares Russell 2000 ETF464287655ETF$270.8K–
SKWDSkyward Specialty Insurance Group, Inc.COM$255.6K–
WUWestern Union COStock$232.8K–
CMCSAComcast CorpStock$224.2K–
SPDR Series Trust78468R556SP O&G EXPL PRO$189.4K–
VGVenture Global, Inc.COM CL A$170.5K–
CORTCorcept Therapeutics IncCOM–$153.1K
COFCapital One Financial CorpStock$121.2K–
LIONLionsgate Studios Corp.COM–$114.1K
TACTransalta CorpCOM–$83.4K
SOFISoFi Technologies, Inc.Stock$65.5K–
SCHLScholastic CorpCOM–$62.2K
FIPFTAI Infrastructure Inc.COMMON STOCK–$34.6K
FRMIFermi Inc.COM–$32.0K
SAFESafehold Inc.COM$5.48K–

Sold out since Q3 2025 (660)

Positions held at the end of Q3 2025 that are gone from this filing.

The largest 100 of 660 by value last quarter.

Positions of Quarry LP sold out since Q3 2025
SecurityClassShares in Q3 2025Value in Q3 2025% of portfolio in Q3 2025History
IPGInterpublic Group of Companies, Inc.COM629,994$17.6M4.3%History
VRNAVerona Pharma plcSPONSORED ADS99,300$10.6M2.6%History
KKellanovaStock103,872$8.52M2.1%History
SPRSpirit AeroSystems Holdings, Inc.COM CL A147,389$5.69M1.4%History
PHDPioneer Floating Rate Fund, Inc.COM531,617$5.29M1.3%History
SCSSteelcase IncCL A282,993$4.87M1.2%History
Pinduoduo Inc722304AC6NOTE 12/0–$4.08M1.0%–
CORZCore Scientific, Inc.COM205,272$3.68M0.9%History
JEQAbrdn Japan Equity Fund, Inc.COM398,348$3.14M0.8%History
HONEHarborOne Bancorp, Inc.COM NEW200,000$2.72M0.7%History
UTGReaves Utility Income FundCOM SH BEN INT47,913$1.90M0.5%History
AFJKAimei Health Technology Co., Ltd.SHS167,081$1.89M0.5%History
KOYNUCSLM Digital Asset Acquisition Corp III, LtdUNIT 08/12/2030180,000$1.82M0.4%History
COOPMaverick Merger Sub 2, LLCCOM8,301$1.75M0.4%History
ASPCASPAC III Acquisition Corp.ORD SHS CL A150,000$1.55M0.4%History
BEBloom Energy CorpCOM CL A17,214$1.46M0.4%History
RFMZRiverNorth Flexible Municipal Income Fund II, Inc.COM109,961$1.43M0.4%History
NETDNabors Energy Transition Corp. IICL A100,000$1.12M0.3%History
ORCLOracle CorpStock3,876$1.09M0.3%History
IBACIB Acquisition Corp.COM SHS100,000$1.05M0.3%History
NMAINuveen Multi-Asset Income FundCOM79,200$1.03M0.3%History
MRLNMerlin, Inc.SHS CL A87,500$910.0K0.2%History
OAKUOak Woods Acquisition CorpCL A73,900$886.8K0.2%History
CHPGUChampionsGate Acquisition CorpUNIT 05/14/203080,000$845.2K0.2%History
XRPNUArmada Acquisition Corp. IIUNIT 05/21/203075,000$798.8K0.2%History
BLZRUTrailblazer Acquisition Corp.UNIT 08/21/203075,565$772.7K0.2%History
OBAWUOxley Bridge Acquisition LtdUNIT 06/17/203075,000$753.0K0.2%History
VZLAVizsla Silver Corp.COM NEW163,397$705.9K0.2%History
TTEKTetra Tech IncCOM21,123$705.1K0.2%History
GPATGP-Act III Acquisition Corp.CL A64,977$688.8K0.2%History
HDRNHadron Energy, Inc.ORD SHS CL A56,690$598.1K0.1%History
FORLFour Leaf Acquisition CorpCOM CL A50,600$594.3K0.1%History
SPYSPDR S&P 500 ETF TrustETF824$548.9K0.1%History
BRRSilvia, Inc.SHS CL A54,034$546.8K0.1%History
NRGNRG Energy, Inc.Stock3,305$535.2K0.1%History
FIVEFive Below, IncCOM3,455$534.5K0.1%History
AEFabrdn Emerging Markets ex-China Fund, Inc.COM82,097$532.0K0.1%History
RDAGURepublic Digital Acquisition CoUNIT 99/99/999949,992$525.4K0.1%History
FTWPresidio Production CoCL A ORD SHS50,000$519.0K0.1%History
TRGPTarga Resources Corp.COM3,023$506.5K0.1%History
LWACULightWave Acquisition Corp.UNIT 06/06/203050,000$502.5K0.1%History
VGMInvesco Trust for Investment Grade MunicipalsCOM48,938$495.3K0.1%History
SWZTotal Return Securities FundCOM75,080$456.5K0.1%History
EOSEEos Energy Enterprises, Inc.COM CL A40,000$455.6K0.1%History
USASAmericas Gold & Silver CorpCOM NEW121,949$453.7K0.1%History
DOUGDouglas Elliman Inc.COM150,000$429.0K0.1%History
APAAPA CorpStock17,170$416.9K0.1%History
BKTBlackRock Income Trust, Inc.COM NEW36,990$415.8K0.1%History
DMIIUDrugs Made In America Acquisition II Corp.UNIT 09/16/203040,000$397.8K0.1%History
TICTIC Solutions, Inc.COM29,800$396.6K0.1%History
ICEIntercontinental Exchange, Inc.Stock2,225$374.9K0.1%History
REGNRegeneron Pharmaceuticals, Inc.COM657$369.4K0.1%History
TVTXTravere Therapeutics, Inc.COM14,960$357.5K0.1%History
NTRNutrien Ltd.COM6,054$355.4K0.1%History
SNOWSnowflake Inc.Stock1,562$352.3K0.1%History
TEAFTortoise Sustainable & Social Impact Term FundClosed-End Fund29,248$344.0K0.1%History
DECKDeckers Outdoor CorpCOM3,269$331.4K0.1%History
ADMArcher-Daniels-Midland CoStock5,413$323.4K0.1%History
DRIDarden Restaurants IncCOM1,691$321.9K0.1%History
IQIInvesco Quality Municipal Income TrustCOM32,600$321.1K0.1%History
EVMEaton Vance California Municipal Bond FundCOM33,757$320.4K0.1%History
VKQInvesco Municipal TrustCOM32,500$313.6K0.1%History
Alphatime Acquisition CorpG0223V105ORDINARY SHARES25,312$302.7K0.1%–
EMREmerson Electric CoStock2,257$296.1K0.1%History
JAZZJazz Pharmaceuticals plcSHS USD2,125$280.1K0.1%History
ACLXArcellx, Inc.COMMON STOCK3,376$277.2K0.1%History
New MTN Fin Corp647551AE0NOTE 7.500%10/1–$271.5K0.1%–
PCAPUProCap Acquisition CorpUNIT 05/16/203025,000$262.5K0.1%History
POLEAndretti Acquisition Corp. IIUNIT 99/99/999925,000$261.5K0.1%History
WWWW International, Inc.COM NEW9,500$259.9K0.1%History
CELHCelsius Holdings, Inc.COM NEW4,289$246.6K0.1%History
DOCUDocuSign, Inc.Stock3,371$243.0K0.1%History
THOThor Industries IncCOM2,247$233.0K0.1%History
VSATViasat IncCOM7,500$219.8K0.1%History
HSPOFHorizon Space Acquisition I Corp.ORDINARY SHARES17,237$212.9K0.1%History
TSATTelesat CorpCL A & CL B SHS8,000$212.0K0.1%History
GWWW.W. Grainger, Inc.Stock220$209.7K0.1%History
KRROKorro Bio, Inc.COM4,375$209.5K0.1%History
SRRKScholar Rock Holding CorpCOM5,625$209.5K0.1%History
IRIngersoll Rand Inc.COM2,519$208.1K0.1%History
FISVFiserv IncStock1,583$204.1K<0.1%History
BILLBILL Holdings, Inc.Stock3,758$199.1K<0.1%History
TWLOTwilio IncCL A1,911$191.3K<0.1%History
KURAKura Oncology, Inc.COM21,250$188.1K<0.1%History
BLNDBlend Labs, Inc.CL A50,440$184.1K<0.1%History
AQSTAquestive Therapeutics, Inc.COM32,427$181.3K<0.1%History
SJMJ M SMUCKER CoStock1,659$180.2K<0.1%History
PSNParsons CorpCOM2,114$175.3K<0.1%History
Invesco QQQ Trust Series I46090E103ETF285$171.1K<0.1%–
iShares Russell Mid-Cap Growth ETF464287481ETF1,136$161.8K<0.1%–
FHNFirst Horizon CorpCOM7,150$161.7K<0.1%History
RRXRegal Rexnord CorpCOM1,119$160.5K<0.1%History
Columbus Circle Cap Corp. IG2296A125UNIT 05/16/203015,000$160.3K<0.1%–
TXNTexas Instruments IncStock849$156.0K<0.1%History
FIPFTAI Infrastructure Inc.COMMON STOCK35,332$154.0K<0.1%History
TSLATesla, Inc.Stock340$151.2K<0.1%History
LPXLouisiana-Pacific CorpCOM1,701$151.1K<0.1%History
GTESGates Industrial Corp Ltd.ORD SHS5,902$146.5K<0.1%History
EPAMEPAM Systems, Inc.COM938$141.4K<0.1%History
BURLBurlington Stores, Inc.COM546$139.0K<0.1%History