Q1 2026 13F · SEC CIK 1483234
Crcm LP
Hedge fundFiled 2026-05-13 for Q1 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $141.2M
- Reported positions
- 8
- Top holdings a year, 3 yrs
- +43.1%
- Average holding period
- 1.8 yrs
Crcm LP is a hedge fund that reported 8 positions worth $141.2M in its Q1 2026 13F, filed 2026-05-13. Its largest holdings were Ishares Gold Trust (IAU, 78.7%), Ai Financial Corp (AIFC, 9.9%), Playboy Inc (PLBY, 4.7%). A portfolio copying its top holdings returned 43.1% a year over the last 3 years, against 18.4% for the S&P 500.
Crcm LP holdings all 8 positions.
Weights are shares of the filer's total reported 13F value, compared with Q4 2025. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| IAUIshares Gold Trust | 78.7% | +73.7% | $111.1M |
| AIFCAi Financial Corp | 9.9% | +15.3% | $14.0M |
| PLBYPlayboy Inc | 4.7% | +17.8% | $6.6M |
| BNRBurning Rock Biotech Ltd-Adr | 3.3% | -42.6% | $4.6M |
| STAAStaar Surgical Co | 1.3% | — | $1.9M |
| PCAPProcap Acquisition Corp. | 1.1% | -50.3% | $1.6M |
| PCSCPerceptive Capital Solution Cl A Ord | 0.9% | -72.3% | $1.3M |
| USBCUsbc Inc | 0.2% | -78.4% | $214K |
What Crcm LP bought and sold in Q1 2026, against Q4 2025.
New positions
- STAA Staar Surgical Co1.3% of 13F
Added to
- IAU Ishares Gold Trust+73.7% shares
- PLBY Playboy Inc+17.8% shares
- AIFC Ai Financial Corp+15.3% shares
Reduced
- USBC Usbc Inc-78.4% shares
- PCSC Perceptive Capital Solution Cl A Ord-72.3% shares
- PCAP Procap Acquisition Corp.-50.3% shares
- BNR Burning Rock Biotech Ltd-Adr-42.6% shares
Sold out
- GRAL Grail Incwas 31.0%
- HHH Howard Hughes Holdings Incwas 16.5%
- WBD Warner Bros Discovery Incwas 14.6%
- Avidity Biosciences Incwas 4.9%
Share counts compared with the Q4 2025 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +32.7% /yr
- S&P 500 +20.1%
- 3 years
- +43.1% /yr
- S&P 500 +18.4%
- 5 years
- —
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q1 2026 | $141.2M | 8 |
| Q4 2025 | $296.0M | 11 |
| Q3 2025 | $345.7M | 10 |
| Q2 2025 | $336.6M | 9 |
| Q1 2025 | $245.3M | 6 |
| Q4 2024 | $245.9M | 6 |
| Q2 2024 | $138.3M | 6 |
| Q1 2024 | $132.9M | 6 |
| Q3 2014 | $12.3M | 7 |
| Q2 2014 | $15.6M | 11 |
| Q1 2014 | $36.1M | 14 |
| Q3 2013 | $30.6M | 5 |
Questions about Crcm LP's portfolio
What stocks does Crcm LP own?
Crcm LP's latest 13F, for Q1 2026 and filed May 13, 2026, lists 8 positions worth $141.2M. The largest are Ishares Gold Trust (IAU) at 78.7%, Ai Financial Corp (AIFC) at 9.9%, Playboy Inc (PLBY) at 4.7%, Burning Rock Biotech Ltd-Adr (BNR) at 3.3% and Staar Surgical Co (STAA) at 1.3%.
What did Crcm LP buy last quarter?
In Q1 2026, Crcm LP added a new position in Staar Surgical Co (STAA), Ishares Gold Trust (IAU) (+73.7% shares), Playboy Inc (PLBY) (+17.8% shares) and Ai Financial Corp (AIFC) (+15.3% shares), compared with its Q4 2025 filing.
What did Crcm LP sell last quarter?
In Q1 2026, Crcm LP sold all of Grail Inc (GRAL), sold all of Howard Hughes Holdings Inc (HHH), sold all of Warner Bros Discovery Inc (WBD), sold all of Avidity Biosciences Inc, Usbc Inc (USBC) (-78.4% shares), Perceptive Capital Solution Cl A Ord (PCSC) (-72.3% shares) and Procap Acquisition Corp. (PCAP) (-50.3% shares), compared with its Q4 2025 filing.
How has Crcm LP's portfolio performed?
A portfolio copying Crcm LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +43.1% a year over the last 3 years, against +18.4% for the S&P 500. Over 1 year: +32.7% against +20.1%.
When is Crcm LP's next 13F filing due?
13F filings are due 45 days after each quarter ends. Crcm LP's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.