Filed: 2/18/2026ACC: 0001398344-26-003321
📋 What this filing means
BEARTOWN CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 39 equity positions with a total reported market value of $138.36M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
39
Positions
$138.36M
Total AUM (reported)
9.46M
Total Shares
Allocation by class
COM$92.98M67.2%
CL A$21.08M15.2%
SHS CLASS A$12.97M9.4%
COM NEW$6.97M5.0%
COM UNITS$2.93M2.1%
CLASS A ORD SHS$564.0K0.4%
COM SER C$372.1K0.3%
Portfolio Concentration
Top 3$58.44M42.2%
4–10$50.09M36.2%
11–25$26.59M19.2%
Rest$3.24M2.3%
Top 3 weight
42.2%
Top 10 weight
78.4%
Voting Authority Distribution
Total shares with voting rights: 9.46M
Sole
Full voting authority
9.46M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole39
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings39
Rows:
TERAWULF INC
SOLEShares2.40M
TypeSH
Market value$27.58M
19.93%
Sole
2.40M
Shared
0.00
None
0.00
ECHOSTAR CORP
SOLEShares150K
TypeSH
Market value$16.30M
11.78%
Sole
150K
Shared
0.00
None
0.00
CORE SCIENTIFIC INC NEW
SOLEShares1M
TypeSH
Market value$14.56M
10.52%
Sole
1M
Shared
0.00
None
0.00
NEBIUS GROUP N.V.
SOLEShares155K
TypeSH
Market value$12.97M
9.38%
Sole
155K
Shared
0.00
None
0.00
HUT 8 CORP
SOLEShares260K
TypeSH
Market value$11.94M
8.63%
Sole
260K
Shared
0.00
None
0.00
ENVIRI CORP
SOLEShares422.44K
TypeSH
Market value$7.57M
5.47%
Sole
422.44K
Shared
0.00
None
0.00
COMMSCOPE HLDG CO INC
SOLEShares400K
TypeSH
Market value$7.25M
5.24%
Sole
400K
Shared
0.00
None
0.00
PORCH GROUP INC
SOLEShares450K
TypeSH
Market value$4.11M
2.97%
Sole
450K
Shared
0.00
None
0.00
ANTERIX INC
SOLEShares145K
TypeSH
Market value$3.17M
2.29%
Sole
145K
Shared
0.00
None
0.00
TELEPHONE & DATA SYS INC
SOLEShares75K
TypeSH
Market value$3.08M
2.22%
Sole
75K
Shared
0.00
None
0.00
SELECT MED HLDGS CORP
SOLEShares200K
TypeSH
Market value$2.97M
2.15%
Sole
200K
Shared
0.00
None
0.00
KNOT OFFSHORE PARTNERS LP
SOLEShares282.98K
TypeSH
Market value$2.93M
2.12%
Sole
282.98K
Shared
0.00
None
0.00
KENNEDY-WILSON HOLDINGS INC
SOLEShares300K
TypeSH
Market value$2.90M
2.10%
Sole
300K
Shared
0.00
None
0.00
ENERGY VAULT HOLDINGS INC
SOLEShares600K
TypeSH
Market value$2.77M
2.00%
Sole
600K
Shared
0.00
None
0.00
CHAIN BRIDGE BANCORP INC
SOLEShares75.79K
TypeSH
Market value$2.63M
1.90%
Sole
75.79K
Shared
0.00
None
0.00
PRIORITY TECHNOLOGY HLDGS IN
SOLEShares400K
TypeSH
Market value$2.18M
1.58%
Sole
400K
Shared
0.00
None
0.00
FIRST CTZNS BANCSHARES INC D
SOLEShares1K
TypeSH
Market value$2.15M
1.55%
Sole
1K
Shared
0.00
None
0.00
CENTURY ALUM CO
SOLEShares50K
TypeSH
Market value$1.96M
1.42%
Sole
50K
Shared
0.00
None
0.00
COMTECH TELECOMMUNICATIONS C
SOLEShares251.88K
TypeSH
Market value$1.33M
0.96%
Sole
251.88K
Shared
0.00
None
0.00
BV FINL INC
SOLEShares60.62K
TypeSH
Market value$1.10M
0.79%
Sole
60.62K
Shared
0.00
None
0.00
TALKSPACE INC
SOLEShares300K
TypeSH
Market value$1.09M
0.79%
Sole
300K
Shared
0.00
None
0.00
COMSCORE INC
SOLEShares126.21K
TypeSH
Market value$820.3K
0.59%
Sole
126.21K
Shared
0.00
None
0.00
AFFINITY BANCSHARES INC
SOLEShares30.42K
TypeSH
Market value$622.6K
0.45%
Sole
30.42K
Shared
0.00
None
0.00
STARZ ENTERTAINMENT CORP.
SOLEShares50K
TypeSH
Market value$585.0K
0.42%
Sole
50K
Shared
0.00
None
0.00
WALDENCAST PLC
SOLEShares300K
TypeSH
Market value$564.0K
0.41%
Sole
300K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TERAWULF INCSOLE | COM | 2.40M | SH | $27.58M 19.93% | 2.40M | 0.00 | 0.00 |
ECHOSTAR CORPSOLE | CL A | 150K | SH | $16.30M 11.78% | 150K | 0.00 | 0.00 |
CORE SCIENTIFIC INC NEWSOLE | COM | 1M | SH | $14.56M 10.52% | 1M | 0.00 | 0.00 |
NEBIUS GROUP N.V.SOLE | SHS CLASS A | 155K | SH | $12.97M 9.38% | 155K | 0.00 | 0.00 |
HUT 8 CORPSOLE | COM | 260K | SH | $11.94M 8.63% | 260K | 0.00 | 0.00 |
ENVIRI CORPSOLE | COM | 422.44K | SH | $7.57M 5.47% | 422.44K | 0.00 | 0.00 |
COMMSCOPE HLDG CO INCSOLE | COM | 400K | SH | $7.25M 5.24% | 400K | 0.00 | 0.00 |
PORCH GROUP INCSOLE | COM | 450K | SH | $4.11M 2.97% | 450K | 0.00 | 0.00 |
ANTERIX INCSOLE | COM | 145K | SH | $3.17M 2.29% | 145K | 0.00 | 0.00 |
TELEPHONE & DATA SYS INCSOLE | COM NEW | 75K | SH | $3.08M 2.22% | 75K | 0.00 | 0.00 |
SELECT MED HLDGS CORPSOLE | COM | 200K | SH | $2.97M 2.15% | 200K | 0.00 | 0.00 |
KNOT OFFSHORE PARTNERS LPSOLE | COM UNITS | 282.98K | SH | $2.93M 2.12% | 282.98K | 0.00 | 0.00 |
KENNEDY-WILSON HOLDINGS INCSOLE | COM | 300K | SH | $2.90M 2.10% | 300K | 0.00 | 0.00 |
ENERGY VAULT HOLDINGS INCSOLE | COM | 600K | SH | $2.77M 2.00% | 600K | 0.00 | 0.00 |
CHAIN BRIDGE BANCORP INCSOLE | CL A | 75.79K | SH | $2.63M 1.90% | 75.79K | 0.00 | 0.00 |
PRIORITY TECHNOLOGY HLDGS INSOLE | COM | 400K | SH | $2.18M 1.58% | 400K | 0.00 | 0.00 |
FIRST CTZNS BANCSHARES INC DSOLE | CL A | 1K | SH | $2.15M 1.55% | 1K | 0.00 | 0.00 |
CENTURY ALUM COSOLE | COM | 50K | SH | $1.96M 1.42% | 50K | 0.00 | 0.00 |
COMTECH TELECOMMUNICATIONS CSOLE | COM NEW | 251.88K | SH | $1.33M 0.96% | 251.88K | 0.00 | 0.00 |
BV FINL INCSOLE | COM NEW | 60.62K | SH | $1.10M 0.79% | 60.62K | 0.00 | 0.00 |
TALKSPACE INCSOLE | COM | 300K | SH | $1.09M 0.79% | 300K | 0.00 | 0.00 |
COMSCORE INCSOLE | COM NEW | 126.21K | SH | $820.3K 0.59% | 126.21K | 0.00 | 0.00 |
AFFINITY BANCSHARES INCSOLE | COM | 30.42K | SH | $622.6K 0.45% | 30.42K | 0.00 | 0.00 |
STARZ ENTERTAINMENT CORP.SOLE | COM | 50K | SH | $585.0K 0.42% | 50K | 0.00 | 0.00 |
WALDENCAST PLCSOLE | CLASS A ORD SHS | 300K | SH | $564.0K 0.41% | 300K | 0.00 | 0.00 |
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