CONTINENTAL ADVISORS LLC

Park City, UT · CIK 1277779 · 13F filing filed 2026-07-27

SEC-registered investment adviser since 2025 · limited liability company

Assets managed$189.7m
Staff2 · 2 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $189.7m gross assets
Form ADV · 2026-03-30SEC adviser record

Kindhedge funds
Others nearbyPark City, UT

As an employer

Private fundshedge 1

$170.4m reported value +5.6% vs Q1 2026

40positions

46.2%in top 10

1 new 11 added 14 reduced 1 sold out vs Q1 2026

Options: 7 call positions ($14.4m notional), 3 put positions ($52.1m notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VIATRIS INC COM VTRS	VTRS	782,750	$12.4m7.30%	7.30%	Reduced -106.0k	-106,000 -11.9%
2	PFIZER INC COM PFE	PFE	415,438	$10.0m5.87%	5.87%	Added +29.0k	+29,000 7.5%
3	WESTERN UN CO COM WU	WU	1,083,891	$8.3m4.90%	4.90%	Reduced -249.2k	-249,192 -18.7%
4	TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS SPONSORED ADS		232,118	$7.9m4.62%	4.62%	Reduced -10.0k	-10,000 -4.1%
5	DENTSPLY SIRONA INC COM XRAY	XRAY	676,788	$7.2m4.22%	4.22%	Added +228.2k	+228,223 50.9%
6	TRUIST FINL CORP COM TFC	TFC	139,650	$7.0m4.08%	4.08%	Unchanged
7	FISERV INC COM FISV	FISV	139,800	$6.9m4.03%	4.03%	Added +70.8k	+70,800 102.6%
8	CITIGROUP INC COM NEW C	C	46,434	$6.5m3.81%	3.81%	Reduced -2.0k	-2,000 -4.1%
9	UBER TECHNOLOGIES INC COM UBER	UBER	89,048	$6.4m3.77%	3.77%	Added +10.5k	+10,500 13.4%
10	FEDERATED HERMES INC CL B FHI	FHI	112,359	$6.2m3.64%	3.64%	Reduced -4.0k	-4,000 -3.4%
11	CAPITAL ONE FINL CORP COM COF	COF	30,905	$6.2m3.64%	3.64%	Reduced -2.5k	-2,500 -7.5%
12	EQUITABLE HLDGS INC COM EQH	EQH	123,766	$5.4m3.19%	3.19%	Added +41.3k	+41,266 50.0%
13	KRAFT HEINZ CO COM KHC	KHC	226,000	$5.3m3.13%	3.13%	Added +1.5k	+1,500 0.7%
14	REGIONS FINANCIAL CORP NEW COM RF	RF	175,000	$5.3m3.10%	3.10%	Unchanged
15	BAXTER INTL INC COM BAX	BAX	247,127	$5.3m3.09%	3.09%	Added +43.5k	+43,500 21.4%
16	WELLS FARGO CO NEW COM WFC	WFC	63,606	$5.3m3.09%	3.09%	Unchanged
17	LAS VEGAS SANDS CORP COM LVS	LVS	112,825	$5.2m3.06%	3.06%	Added +31.0k	+31,000 37.9%
18	PERRIGO CO PLC SHS PRGO	PRGO	476,834	$5.0m2.91%	2.91%	Added +58.4k	+58,364 13.9%
19	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	78,754	$4.5m2.66%	2.66%	Added +9.0k	+9,000 12.9%
20	BROOKDALE SR LIVING INC COM BKD	BKD	259,414	$4.2m2.45%	2.45%	Reduced -28.0k	-28,000 -9.7%
21	ALPS ETF TR ALERIAN MLP AMLP	AMLP	74,723	$3.9m2.27%	2.27%	Unchanged
22	GILEAD SCIENCES INC COM GILD	GILD	28,367	$3.6m2.10%	2.10%	Unchanged
23	JPMORGAN CHASE & CO COM JPM	JPM	10,735	$3.5m2.06%	2.06%	Unchanged
24	NORTHERN TR CORP COM NTRS	NTRS	20,201	$3.5m2.06%	2.06%	Reduced -1.5k	-1,500 -6.9%
25	SPDR SER TR S&P BIOTECH XBI	XBI	17,200	$2.7m1.60%	1.60%	Reduced -10.5k	-10,500 -37.9%
26	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	53,305	$2.5m1.48%	1.48%	Added +12.3k	+12,264 29.9%
27	INVESCO LTD SHS IVZ	IVZ	91,690	$2.4m1.42%	1.42%	Reduced -6.0k	-6,000 -6.1%
28	BARRICK MNG CORP COM SHS B	B	61,450	$2.3m1.32%	1.32%	Unchanged
29	SOUTHSTATE BK CORP COM SSB	SSB	22,012	$2.2m1.29%	1.29%	Unchanged
30	SELECT SECTOR SPDR TR ENERGY XLE	XLE	38,000	$2.0m1.18%	1.18%	Unchanged
31	ISHARES INC CORE MSCI EMKT IEMG	IEMG	24,300	$2.0m1.18%	1.18%	Reduced -16.5k	-16,500 -40.4%
32	GOLDMAN SACHS GROUP INC COM GS	GS	1,893	$1.9m1.12%	1.12%	Reduced -1.0k	-1,000 -34.6%
33	DAVITA INC COM DVA	DVA	8,000	$1.8m1.04%	1.04%	Reduced -3.0k	-3,000 -27.3%
34	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	17,500	$1.5m0.88%	0.88%	New
35	SHELL PLC SPON ADS SHEL	SHEL	18,520	$1.4m0.84%	0.84%	Unchanged
36	REPAY HLDGS CORP COM CL A RPAY	RPAY	169,230	$710.8k0.42%	0.42%	Reduced -482.2k	-482,231 -74.0%
37	UNITED CMNTY BKS BLAIRSVLE G COM UCB	UCB	14,834	$520.5k0.31%	0.31%	Unchanged
38	FIRST BANCORP N C COM FBNC	FBNC	8,000	$511.4k0.30%	0.30%	Unchanged
39	RIVERVIEW BANCORP INC COM RVSB	RVSB	86,004	$467.0k0.27%	0.27%	Unchanged
40	HUNTINGTON BANCSHARES INC COM HBAN	HBAN	26,055	$462.0k0.27%	0.27%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ALIGHT INC ALIT	ALIT	1,737,727	$1.0m1.7m shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	680	$50.8m680 shares	Reduced
WESTERN UN CO WU · Call	WU	Call	10,055	$7.7m10.1k shares	Reduced
PERRIGO CO PLC PRGO · Call	PRGO	Call	2,087	$2.2m2.1k shares	Reduced
PFIZER INC PFE · Call	PFE	Call	800	$1.9m800 shares	Reduced
GOLDMAN SACHS GROUP INC GS · Put	GS	Put	10	$1.0m10 shares	New
DENTSPLY SIRONA INC XRAY · Call	XRAY	Call	931	$987.8k931 shares	Reduced
FISERV INC FISV · Call	FISV	Call	200	$981.0k200 shares	Reduced
UBER TECHNOLOGIES INC UBER · Call	UBER	Call	50	$360.8k50 shares	Reduced
SPDR SER TR XBI · Put	XBI	Put	20	$316.5k20 shares	New
LAS VEGAS SANDS CORP LVS · Call	LVS	Call	50	$230.9k50 shares	New