Black Maple Capital Management LP
SEC Form 13F institutional filer · CIK 0001588959
13F-HR · 27 reported holdings · 2026-03-31
Reported long-US-equity value
$0.08B
Top-10 concentration
83.5%
Black Maple Capital Management LP — $78.7M AUM allocation strategy
Black Maple Capital Management LP files SEC Form 13F and reports $78.7M of long US equity value across 27 reported holdings for 2026-03-31.
Its largest sector bet is Financials 34.2%, followed by Energy 9.5% and Information Technology 7.0%.
The top 10 holdings account for 83% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Black Maple Capital Management LP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$78.7M
total across 27 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
83% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$BAC +62.6K sh · +$2.84M+$GS +15K sh · +$129K+$SPY +12.9K sh · +$7.49M
Biggest trims (shares)
−$HBAN −32.6K sh · −$1.24M−$BLK −11.7K sh · −$424K−$UBER −5.4K sh · −$951K
Exited to nil (held last quarter, gone now)
$EQT ($5.25M last qtr)$EOG ($3.05M last qtr)$GOOGL ($1.26M last qtr)$ADBE ($630K last qtr)$FCX ($609K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Asset Management & Custody Banks12.0%—
- Oil & Gas Exploration & Production9.5%—
- Regional Banks7.9%—
- Diversified Banks6.8%—
- Consumer Finance5.7%—
- Passenger Ground Transportation4.8%—
- Systems Software3.3%—
- Interactive Media & Services2.9%—
- Other holdings47.1%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $EXE | Expand Energy Corporation | 68.4K | $7.51M | — | 9.5% |
| $IVZ | Invesco Ltd | 34K | $6.53M | -1K | 8.3% |
| $HBAN | Huntington Bancshares Incorporated | 398K | $6.22M | -32.6K | 7.9% |
| $BAC | Bank of America Corporation | 96.9K | $4.72M | +62.6K | 6.0% |
| $UBER | Uber Technologies Inc | 52.1K | $3.75M | -5.4K | 4.8% |
| $BLK | BlackRock Inc | 61.9K | $2.87M | -11.7K | 3.6% |
| $MSFT | Microsoft Corporation | 7.11K | $2.63M | — | 3.3% |
| $COF | Capital One Financial Corporation | 12.9K | $2.35M | — | 3.0% |
| $SYF | Synchrony Financial | 31.5K | $2.14M | — | 2.7% |
…and 18 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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