Spark Investment Management LLC

NEW YORK, NY · CIK 1554871 · 13F filing filed 2026-08-10

SEC-registered investment adviser since 2012 · limited liability company

Assets managed$433.9m
Staff21 · 9 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $433.9m gross assets
Websitesparkim.com
Form ADV · 2026-03-30SEC adviser record

Legal entitySPARK INVESTMENT MANAGEMENT LLC (US)

Kindhedge funds, futures
Others nearbyNew York, NY

As an employer

Offices in1 country
Private fundshedge 1

$51.2m reported value +23.2% vs Q1 2026

72positions

60.9%in top 10

49 new 3 added 10 reduced 5 sold out vs Q1 2026

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	AMAZON COM INC COM AMZN	AMZN	43,180	$10.3m20.09%	20.09%	Unchanged
2	BLACKBERRY LTD COM BB	BB	334,000	$4.2m8.22%	8.22%	New
3	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	7,000	$3.2m6.27%	6.27%	Unchanged
4	TESLA INC COM TSLA	TSLA	6,000	$2.5m4.93%	4.93%	Unchanged
5	CENTERRA GOLD INC COM CGAU	CGAU	147,000	$2.3m4.54%	4.54%	Unchanged
6	LIGHTSPEED COMMERCE INC SUB VTG SHS LSPD	LSPD	186,000	$1.9m3.80%	3.80%	Reduced -60.0k	-60,000 -24.4%
7	BARRICK MNG CORP COM SHS B	B	50,000	$1.8m3.58%	3.58%	Added +12.0k	+12,000 31.6%
8	ENERFLEX LTD COM EFXT	EFXT	70,000	$1.7m3.35%	3.35%	Reduced -8.0k	-8,000 -10.3%
9	VERMILION ENERGY INC COM VET	VET	181,000	$1.7m3.30%	3.30%	Reduced -104.0k	-104,000 -36.5%
10	KINROSS GOLD CORP COM KGC	KGC	60,750	$1.4m2.80%	2.80%	Reduced -2.2k	-2,250 -3.6%
11	CELESTICA INC COM CLS	CLS	3,000	$1.1m2.13%	2.13%	New
12	OBSIDIAN ENERGY LTD COM OBE	OBE	133,000	$1.1m2.12%	2.12%	Added +25.0k	+25,000 23.1%
13	PRECISION DRILLING CORP COM NEW PDS	PDS	14,000	$1.1m2.10%	2.10%	Reduced -10.0k	-10,000 -41.7%
14	ARTERIS INC COM AIP	AIP	22,100	$1.1m2.10%	2.10%	New
15	TWILIO INC CL A TWLO	TWLO	5,200	$1.1m2.09%	2.09%	Unchanged
16	BAYTEX ENERGY CORP COM BTE	BTE	259,000	$1.0m2.03%	2.03%	New
17	SILVERCORP METALS INC COM SVM	SVM	82,000	$829.4k1.62%	1.62%	New
18	AMBIQ MICRO INC COMMON STOCK AMBQ	AMBQ	8,800	$777.0k1.52%	1.52%	New
19	OPEN TEXT CORP COM OTEX	OTEX	35,000	$773.9k1.51%	1.51%	Reduced -26.0k	-26,000 -42.6%
20	NVIDIA CORPORATION COM NVDA	NVDA	3,500	$700.3k1.37%	1.37%	Reduced -800	-800 -18.6%
21	CENOVUS ENERGY INC COM CVE	CVE	28,000	$694.1k1.35%	1.35%	New
22	BLOCK INC CL A XYZ	XYZ	8,700	$661.2k1.29%	1.29%	Unchanged
23	SOUTH BOW CORP COM SOBO	SOBO	17,000	$598.3k1.17%	1.17%	New
24	PAN AMERN SILVER CORP COM PAAS	PAAS	13,000	$582.2k1.14%	1.14%	New
25	DROPBOX INC CL A DBX	DBX	21,000	$576.9k1.13%	1.13%	New
26	SPROTT INC COM NEW SII	SII	5,000	$564.7k1.10%	1.10%	Reduced -2.0k	-2,000 -28.6%
27	CANADA GOOSE HLDGS INC SHS SUB VTG GOOS	GOOS	58,000	$548.7k1.07%	1.07%	Added +20.0k	+20,000 52.6%
28	AGNICO EAGLE MINES LTD COM AEM	AEM	3,000	$465.7k0.91%	0.91%	Unchanged
29	MONDAY COM LTD SHS MNDY	MNDY	5,900	$427.1k0.83%	0.83%	Unchanged
30	FORTUNA MNG CORP COM NEW FSM	FSM	45,000	$380.1k0.74%	0.74%	New
31	DIGI INTL INC COM DGII	DGII	5,000	$374.8k0.73%	0.73%	New
32	FASTLY INC CL A FSLY	FSLY	18,500	$339.7k0.66%	0.66%	New
33	DIEBOLD NIXDORF INC COM SHS DBD	DBD	3,600	$306.1k0.60%	0.60%	New
34	SILVACO GROUP INC COM SVCO	SVCO	21,974	$303.0k0.59%	0.59%	New
35	DIGITALOCEAN HLDGS INC COM DOCN	DOCN	1,700	$267.0k0.52%	0.52%	New
36	BITDEER TECHNOLOGIES GROUP CL A ORD SHS BTDR	BTDR	15,200	$241.2k0.47%	0.47%	New
37	FOSSIL GROUP INC COM FOSL	FOSL	55,900	$231.4k0.45%	0.45%	Unchanged
38	KYVERNA THERAPEUTICS INC COM KYTX	KYTX	25,100	$223.6k0.44%	0.44%	New
39	HUDBAY MINERALS INC COM HBM	HBM	9,000	$212.3k0.41%	0.41%	New
40	ONE STOP SYS INC COM OSS	OSS	11,400	$207.3k0.40%	0.40%	New
41	ONESPAN INC COM OSPN	OSPN	13,300	$190.9k0.37%	0.37%	New
42	CORSAIR GAMING INC COM CRSR	CRSR	19,100	$184.7k0.36%	0.36%	New
43	CLIMB BIO INC COM CLYM	CLYM	13,600	$177.3k0.35%	0.35%	New
44	ARTIVA BIOTHERAPEUTICS INC COM ARTV	ARTV	16,500	$160.1k0.31%	0.31%	New
45	CENTURY THERAPEUTICS INC COM IPSC	IPSC	59,000	$144.6k0.28%	0.28%	New
46	PUMA BIOTECHNOLOGY INC COM PBYI	PBYI	17,000	$137.9k0.27%	0.27%	New
47	MAKO MNG CORP COM NEW MAKO	MAKO	16,092	$118.2k0.23%	0.23%	Reduced -27.9k	-27,908 -63.4%
48	ALLBIRDS INC CL A NEW BIRD	BIRD	27,634	$110.5k0.22%	0.22%	Reduced -30.0k	-30,000 -52.0%
49	GCT SEMICONDUCTOR HLDG INC COMMON STOCK GCTS	GCTS	37,100	$110.2k0.22%	0.22%	New
50	OVID THERAPEUTICS INC COM OVID	OVID	31,800	$85.5k0.17%	0.17%	New
51	MACROGENICS INC COM MGNX	MGNX	17,200	$79.5k0.16%	0.16%	New
52	CRONOS GROUP INC COM CRON	CRON	28,000	$77.3k0.15%	0.15%	New
53	ATEA PHARMACEUTICALS INC COM AVIR	AVIR	16,200	$75.3k0.15%	0.15%	New
54	LEXEO THERAPEUTICS INC COM LXEO	LXEO	15,000	$69.8k0.14%	0.14%	New
55	ZENTALIS PHARMACEUTICALS INC COM ZNTL	ZNTL	12,500	$60.6k0.12%	0.12%	New
56	PRELUDE THERAPEUTICS INC COM PRLD	PRLD	10,600	$56.5k0.11%	0.11%	New
57	ACRIVON THERAPEUTICS INC COMMON STOCK ACRV	ACRV	28,300	$50.4k0.10%	0.10%	New
58	VOYAGER THERAPEUTICS INC COM VYGR	VYGR	13,500	$47.2k0.09%	0.09%	New
59	BLAIZE HLDGS INC COM BZAI	BZAI	30,400	$42.0k0.08%	0.08%	New
60	CARIBOU BIOSCIENCES INC COM CRBU	CRBU	23,600	$41.5k0.08%	0.08%	New
61	ACUMEN PHARMACEUTICALS INC COM ABOS	ABOS	14,700	$39.2k0.08%	0.08%	New
62	NKARTA INC COM NKTX	NKTX	11,700	$33.1k0.06%	0.06%	New
63	INHIBIKASE THERAPEUTICS INC COM NEW IKT	IKT	15,500	$31.5k0.06%	0.06%	New
64	BLACK DIAMOND THERAPEUTICS I COM BDTX	BDTX	15,500	$28.7k0.06%	0.06%	New
65	CERAGON NETWORKS LTD ORD CRNT	CRNT	10,411	$27.0k0.05%	0.05%	New
66	TENAYA THERAPEUTICS INC COM TNYA	TNYA	35,500	$26.2k0.05%	0.05%	New
67	PLIANT THERAPEUTICS INC COM PLRX	PLRX	22,600	$25.8k0.05%	0.05%	New
68	COHERUS BIOSCIENCES INC COM CHRS	CHRS	17,800	$24.9k0.05%	0.05%	New
69	IBIO INC COM NEW IBIO	IBIO	13,500	$23.6k0.05%	0.05%	New
70	MAXCYTE INC COM MXCT	MXCT	15,900	$19.6k0.04%	0.04%	New
71	LEAP THERAPEUTICS INC COM NEW CYPH	CYPH	25,900	$15.9k0.03%	0.03%	New
72	SINOVAC BIOTECH LTD SHS SVA	SVA	29,100	$00.00%	0.00%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
BRP INC DOO	DOO	26,000	$1.9m26.0k shares
DOCEBO INC DCBO	DCBO	27,000	$473.0k27.0k shares
MAGNA INTL INC MGA	MGA	8,000	$446.6k8.0k shares
ROGERS COMMUNICATIONS INC RCI	RCI	9,000	$346.0k9.0k shares
ELDORADO GOLD CORP NEW EGO	EGO	6,000	$206.0k6.0k shares