Filed: 8/13/2026ACC: 0000921895-26-002114
📋 What this filing means
PALE FIRE CAPITAL SE filed this quarterly 13F‑HR report disclosing 72 equity positions with a total reported market value of $1.41B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
72
Positions
$1.41B
Total AUM (reported)
189.84M
Total Shares
Allocation by class
COM$789.30M55.8%
COM NEW$249.57M17.6%
ORD SHS$129.34M9.1%
SUB VTG SHS$60.57M4.3%
SPONSORED ADS$50.12M3.5%
CL A COM$45.68M3.2%
CL A NEW$23.39M1.7%
Portfolio Concentration
Top 3$625.75M44.2%
4–10$536.32M37.9%
11–25$207.69M14.7%
Rest$44.44M3.1%
Top 3 weight
44.2%
Top 10 weight
82.2%
Voting Authority Distribution
Total shares with voting rights: 189.84M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
189.84M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other72
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings72
Rows:
GROUPON INC
DFNDShares10.18M
TypeSH
Market value$244.96M
17.32%
Sole
0.00
Shared
10.18M
None
0.00
B2GOLD CORP
DFNDShares64.56M
TypeSH
Market value$241.46M
17.07%
Sole
0.00
Shared
64.56M
None
0.00
ZIFF DAVIS INC
DFNDShares2.66M
TypeSH
Market value$139.33M
9.85%
Sole
0.00
Shared
2.66M
None
0.00
DOLE PLC
DFNDShares9.43M
TypeSH
Market value$129.34M
9.15%
Sole
0.00
Shared
9.43M
None
0.00
COURSERA INC
DFNDShares20.43M
TypeSH
Market value$115.24M
8.15%
Sole
0.00
Shared
20.43M
None
0.00
PHREESIA INC
DFNDShares8.92M
TypeSH
Market value$91.83M
6.49%
Sole
0.00
Shared
8.92M
None
0.00
LIGHTSPEED COMMERCE INC
DFNDShares5.77M
TypeSH
Market value$60.57M
4.28%
Sole
0.00
Shared
5.77M
None
0.00
ALIBABA GROUP HLDG LTD
DFNDShares518.96K
TypeSH
Market value$49.81M
3.52%
Sole
0.00
Shared
518.96K
None
0.00
PELOTON INTERACTIVE INC
DFNDShares7.73M
TypeSH
Market value$45.68M
3.23%
Sole
0.00
Shared
7.73M
None
0.00
CARS COM INC
DFNDShares4.01M
TypeSH
Market value$43.85M
3.10%
Sole
0.00
Shared
4.01M
None
0.00
I-80 GOLD CORP
DFNDShares18.81M
TypeSH
Market value$27.09M
1.92%
Sole
0.00
Shared
18.81M
None
0.00
AT&T INC
DFNDShares1.14M
TypeSH
Market value$23.60M
1.67%
Sole
0.00
Shared
1.14M
None
0.00
ANGI INC
DFNDShares3.93M
TypeSH
Market value$23.39M
1.65%
Sole
0.00
Shared
3.93M
None
0.00
TELADOC HEALTH INC
DFNDShares1.97M
TypeSH
Market value$16.74M
1.18%
Sole
0.00
Shared
1.97M
None
0.00
MINERALYS THERAPEUTICS INC
DFNDShares614.28K
TypeSH
Market value$16.57M
1.17%
Sole
0.00
Shared
614.28K
None
0.00
ORACLE CORP
DFNDShares102K
TypeSH
Market value$14.95M
1.06%
Sole
0.00
Shared
102K
None
0.00
CARGURUS INC
DFNDShares384.63K
TypeSH
Market value$13.11M
0.93%
Sole
0.00
Shared
384.63K
None
0.00
GODADDY INC
DFNDShares127.18K
TypeSH
Market value$10.79M
0.76%
Sole
0.00
Shared
127.18K
None
0.00
NU HLDGS LTD
DFNDShares735.95K
TypeSH
Market value$9.83M
0.70%
Sole
0.00
Shared
735.95K
None
0.00
GALIANO GOLD INC
DFNDShares5.04M
TypeSH
Market value$9.42M
0.67%
Sole
0.00
Shared
5.04M
None
0.00
TENCENT MUSIC ENTMT GROUP
DFNDShares1.09M
TypeSH
Market value$9.14M
0.65%
Sole
0.00
Shared
1.09M
None
0.00
COMMERCE.COM INC
DFNDShares3.05M
TypeSH
Market value$9.04M
0.64%
Sole
0.00
Shared
3.05M
None
0.00
WEAVE COMMUNICATIONS INC
DFNDShares1.49M
TypeSH
Market value$8.94M
0.63%
Sole
0.00
Shared
1.49M
None
0.00
STATE STR SPDR S&P 500 ETF T
DFNDShares11.10K
TypeSH
Market value$8.29M
0.59%
Sole
0.00
Shared
11.10K
None
0.00
GERON CORP
DFNDShares5.31M
TypeSH
Market value$6.79M
0.48%
Sole
0.00
Shared
5.31M
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
GROUPON INCDFND | COM NEW | 10.18M | SH | $244.96M 17.32% | 0.00 | 10.18M | 0.00 |
B2GOLD CORPDFND | COM | 64.56M | SH | $241.46M 17.07% | 0.00 | 64.56M | 0.00 |
ZIFF DAVIS INCDFND | COM | 2.66M | SH | $139.33M 9.85% | 0.00 | 2.66M | 0.00 |
DOLE PLCDFND | ORD SHS | 9.43M | SH | $129.34M 9.15% | 0.00 | 9.43M | 0.00 |
COURSERA INCDFND | COM | 20.43M | SH | $115.24M 8.15% | 0.00 | 20.43M | 0.00 |
PHREESIA INCDFND | COM | 8.92M | SH | $91.83M 6.49% | 0.00 | 8.92M | 0.00 |
LIGHTSPEED COMMERCE INCDFND | SUB VTG SHS | 5.77M | SH | $60.57M 4.28% | 0.00 | 5.77M | 0.00 |
ALIBABA GROUP HLDG LTDDFND | SPONSORED ADS | 518.96K | SH | $49.81M 3.52% | 0.00 | 518.96K | 0.00 |
PELOTON INTERACTIVE INCDFND | CL A COM | 7.73M | SH | $45.68M 3.23% | 0.00 | 7.73M | 0.00 |
CARS COM INCDFND | COM | 4.01M | SH | $43.85M 3.10% | 0.00 | 4.01M | 0.00 |
I-80 GOLD CORPDFND | COM | 18.81M | SH | $27.09M 1.92% | 0.00 | 18.81M | 0.00 |
AT&T INCDFND | COM | 1.14M | SH | $23.60M 1.67% | 0.00 | 1.14M | 0.00 |
ANGI INCDFND | CL A NEW | 3.93M | SH | $23.39M 1.65% | 0.00 | 3.93M | 0.00 |
TELADOC HEALTH INCDFND | COM | 1.97M | SH | $16.74M 1.18% | 0.00 | 1.97M | 0.00 |
MINERALYS THERAPEUTICS INCDFND | COM | 614.28K | SH | $16.57M 1.17% | 0.00 | 614.28K | 0.00 |
ORACLE CORPDFND | COM | 102K | SH | $14.95M 1.06% | 0.00 | 102K | 0.00 |
CARGURUS INCDFND | COM CL A | 384.63K | SH | $13.11M 0.93% | 0.00 | 384.63K | 0.00 |
GODADDY INCDFND | CL A | 127.18K | SH | $10.79M 0.76% | 0.00 | 127.18K | 0.00 |
NU HLDGS LTDDFND | ORD SHS CL A | 735.95K | SH | $9.83M 0.70% | 0.00 | 735.95K | 0.00 |
GALIANO GOLD INCDFND | COM | 5.04M | SH | $9.42M 0.67% | 0.00 | 5.04M | 0.00 |
TENCENT MUSIC ENTMT GROUPDFND | SPON ADS | 1.09M | SH | $9.14M 0.65% | 0.00 | 1.09M | 0.00 |
COMMERCE.COM INCDFND | COM SER 1 | 3.05M | SH | $9.04M 0.64% | 0.00 | 3.05M | 0.00 |
WEAVE COMMUNICATIONS INCDFND | COM | 1.49M | SH | $8.94M 0.63% | 0.00 | 1.49M | 0.00 |
STATE STR SPDR S&P 500 ETF TDFND | TR UNIT | 11.10K | SH | $8.29M 0.59% | 0.00 | 11.10K | 0.00 |
GERON CORPDFND | COM | 5.31M | SH | $6.79M 0.48% | 0.00 | 5.31M | 0.00 |
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