GRITSTONE ASSET MANAGEMENT LLC

Bethesda, MD · CIK 1964236 · 13F filing filed 2026-08-06

SEC-registered investment adviser since 2022 · limited liability company

Assets managed$114.9m
Staff4 · 3 in investment roles
Main clients (by assets)Charities 70%, Private funds 14%
Private funds1 (1 hedge) · $16.3m gross assets
Websitegritstoneam.com
Form ADV · 2026-03-19SEC adviser record

Kindhedge funds, institutions
Others nearbyBethesda, MD

As an employer

Offices in1 country
Private fundshedge 1

$104.0m reported value +11.0% vs Q1 2026

174positions

30.3%in top 10

54 new 0 added 3 reduced 34 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	ARES CAPITAL CORP COM ARCC	ARCC	447,088	$8.3m7.97%	7.97%	New
2	OAKTREE ACQUISITION CORP III SHS CL A OACC	OACC	394,908	$4.2m4.06%	4.06%	Unchanged
3	ALDEL FINL II INC CL A ALDF	ALDF	394,214	$4.2m4.05%	4.05%	Unchanged
4	ARES ACQUISITION CORP III UNIT 99/99/9999 AAC.U	AAC.U	250,000	$2.5m2.42%	2.42%	New
5	BOLD EAGLE ACQUISITION CORP CL A BEAG	BEAG	194,488	$2.1m2.00%	2.00%	Reduced -150.0k	-150,000 -43.5%
6	ARTIUS II ACQUISITION INC SHS CL A SHS CL A		197,656	$2.1m1.99%	1.99%	Unchanged
7	HENNESSY CAP INVT CORP VII ORD SHS CL A ONEN	ONEN	197,899	$2.1m1.99%	1.99%	Unchanged
8	RITHM ACQUISITION CORP CL A RAC	RAC	197,598	$2.1m1.99%	1.99%	Unchanged
9	NEW AMER ACQUISITION I CORP COM SHS CL A NWAX	NWAX	195,000	$2.0m1.90%	1.90%	Unchanged
10	RRE VENTURES ACQUISITION COR CL A ORD SHS RREV	RREV	200,000	$2.0m1.90%	1.90%	New
11	INFINITE EAGLE ACQUISITION C CL A IEAG	IEAG	175,000	$1.8m1.70%	1.70%	New
12	LAFAYETTE DIGITAL ACQUISITIO ORD CLASS A ZKP	ZKP	175,000	$1.7m1.68%	1.68%	New
13	LAUNCH TWO ACQUISITION CORP. ORD SHS CL A LPBB	LPBB	146,820	$1.6m1.51%	1.51%	Unchanged
14	K&F GROWTH ACQUISITION CORP SHS CL A KFII	KFII	148,743	$1.6m1.51%	1.51%	Unchanged
15	TALON CAP CORP ORD SHS CL A TLNC	TLNC	150,000	$1.5m1.49%	1.49%	Unchanged
16	LEAPFROG ACQUISITION CORP CL A ORD SHS LFAC	LFAC	150,000	$1.5m1.44%	1.44%	Unchanged
17	STELLAR V CAP CORP SHS CL A SVCC	SVCC	133,770	$1.4m1.36%	1.36%	Unchanged
18	NEWHOLD INVT CORP III ORD SHS CL A ORD SHS CL A		123,541	$1.3m1.29%	1.29%	Unchanged
19	HIGHVIEW MERGER CORP ORD SH CL A HVMC	HVMC	127,021	$1.3m1.24%	1.24%	Unchanged
20	SOLARIUS CAPITAL ACQU CORP SHS CL A SOCA	SOCA	125,000	$1.3m1.23%	1.23%	Unchanged
21	COLOMBIER ACQUISITION CORP I ORD SHS CL A CLBR	CLBR	125,000	$1.3m1.23%	1.23%	New
22	OXLEY BRIDGE ACQ LTD USD CL A ORD SHS OBA	OBA	124,293	$1.3m1.22%	1.22%	Unchanged
23	GORES HOLDINGS XI INC UNIT 06/24/2031 GHXIU	GHXIU	125,000	$1.3m1.22%	1.22%	New
24	OTG ACQUISITION CORP. I ORD CL A OTGA	OTGA	125,000	$1.3m1.22%	1.22%	Unchanged
25	SILICON VY ACQUISITION CORP CL A SVAQ	SVAQ	125,000	$1.3m1.21%	1.21%	New
26	ALUSSA ENERGY ACQUISIT CORP ORD SHS CL A ALUB	ALUB	125,000	$1.3m1.21%	1.21%	Unchanged
27	AMPERCAP ACQUISITION CO UNIT 05/22/2031 APMCU	APMCU	124,988	$1.3m1.21%	1.21%	New
28	LAUNCHPAD CADENZA ACQU CORP USD CL A ORD SHS LPCV	LPCV	125,000	$1.2m1.20%	1.20%	New
29	BLUEROCK ACQUISITION CORP USD CL A ORD SHS BLRK	BLRK	125,000	$1.2m1.20%	1.20%	Unchanged
30	KPET ULTRA PACELINE CORP UNIT 99/99/9999 KPET.U	KPET.U	121,280	$1.2m1.18%	1.18%	Unchanged
31	ALDABRA 4 LQDTY OPP VEH INC CL A ORD SHS ALOV	ALOV	118,214	$1.2m1.13%	1.13%	New
32	GALATA ACQUISITION CORP II ORD SHS CL A LATA	LATA	106,256	$1.1m1.03%	1.03%	Unchanged
33	BERTO ACQUISITION CORP ORD SHS TACO	TACO	98,853	$1.0m1.00%	1.00%	Unchanged
34	GESHER ACQUISITION CORP. II USD CL A ORD SHS GSHR	GSHR	98,832	$1.0m0.99%	0.99%	Unchanged
35	TITAN ACQUISITION CORP CL A TACH	TACH	98,764	$1.0m0.99%	0.99%	Unchanged
36	SIZZLE ACQUISITION CORP. II USD CL A ORD SHS SZZL	SZZL	98,992	$1.0m0.99%	0.99%	Unchanged
37	JENA ACQUISITION CORP II USD CL A ORD SHS JENA	JENA	98,857	$1.0m0.99%	0.99%	Unchanged
38	REPUBLIC DIGITAL ACQUISITION USD CL A ORD SHS RDAG	RDAG	98,850	$1.0m0.98%	0.98%	Unchanged
39	WEN ACQUISITION CORP COM CL A WENN	WENN	98,857	$1.0m0.98%	0.98%	Unchanged
40	IRENIC ACQUISITION CORP UNIT 04/10/2031 IACQU	IACQU	100,000	$1.0m0.98%	0.98%	New
41	KENSINGTON CAP ACQUISITION UNIT 99/99/9999 KCA.U	KCA.U	100,000	$1.0m0.98%	0.98%	New
42	DAEDALUS SPL ACQUISITION COR USD CL A ORD SHS DSAC	DSAC	100,000	$1.0m0.97%	0.97%	Unchanged
43	ACP HOLDINGS ACQUISITION COR UNIT 03/30/2031 ACGCU	ACGCU	100,000	$1.0m0.97%	0.97%	New
44	EQV VENTURES AC CORP. II ORD SHS CL A EVAC	EVAC	98,865	$1.0m0.97%	0.97%	Unchanged
45	SNOW ROTHSCHILD ACQUISITION UNIT 05/22/2031 ISNRU	ISNRU	100,000	$1.0m0.96%	0.96%	New
46	ACTIVATE ENERGY ACQUISIT COR CL A ORD SHS AEAQ	AEAQ	100,000	$1.0m0.96%	0.96%	Unchanged
47	CARTESIAN GROWTH CORP IV UNIT 06/08/2031 CGCFU	CGCFU	100,000	$1.0m0.96%	0.96%	New
48	ENERGY TRANSITION SPL OPPORT UNIT 99/99/9999 ETSS.U	ETSS.U	100,000	$1.0m0.96%	0.96%	New
49	KRAKACQUISITION CORPORATION CL A ORD SHS KRAQ	KRAQ	100,000	$1.0m0.96%	0.96%	New
50	PATRIOT ACQUISITION CORP UNIT 05/11/2031 PTACU	PTACU	100,000	$999.0k0.96%	0.96%	New
51	RMG ML SPORTS HOLDINGS UNIT 06/05/2031 SHOTU	SHOTU	100,000	$999.0k0.96%	0.96%	New
52	VINE HILL CAP INVTS CORP II CL A VHCP	VHCP	100,000	$998.0k0.96%	0.96%	New
53	HENNESSY CAP INVTS CORP VIII ORD CL A HCIC	HCIC	100,000	$993.0k0.96%	0.96%	New
54	CAMBRIDGE ACQUISITION CORP USD CL A ORD SHS CAQ	CAQ	100,000	$991.0k0.95%	0.95%	New
55	LONG TABLE GROWTH CORP UNIT 05/29/2031 LTGRU	LTGRU	90,000	$900.9k0.87%	0.87%	New
56	BURTECH ACQUISITION CORP II UNIT 05/21/2031 BRKHU	BRKHU	87,208	$874.7k0.84%	0.84%	New
57	NEWHOLD INVTS CORP IV UNIT 04/14/2031 NHIVU	NHIVU	75,000	$768.8k0.74%	0.74%	New
58	VIKING ACQUISITION CORP I ORD CL A NSTR	NSTR	75,000	$766.5k0.74%	0.74%	Unchanged
59	COLUMBUS CIRCLE CAP CORP II USD CL A ORD SHS IPXG	IPXG	75,000	$760.5k0.73%	0.73%	New
60	CRANE HBR ACQUISITION CORP I ORD SHS CL A CRAN	CRAN	75,000	$759.8k0.73%	0.73%	Unchanged
61	SAFEGUARD ACQUISITION CORP CL A ORD SHS SAC	SAC	75,000	$754.5k0.73%	0.73%	Unchanged
62	GENERAL PURP ACQUISITION COR USD CL A ORD SHS GPAC	GPAC	75,000	$750.0k0.72%	0.72%	Unchanged
63	PIONEER ACQUISITION I CORP CL A ORD SHS PACH	PACH	69,324	$709.2k0.68%	0.68%	Unchanged
64	AMERICAN EXCEPTIONALISM ACQU ORD CL A AEXA	AEXA	50,000	$591.0k0.57%	0.57%	Unchanged
65	D BORAL ACQUISITION I CORP ORD SHS CL A DBCA	DBCA	55,000	$548.4k0.53%	0.53%	New
66	HCM III ACQUISITION CORP ORD SHS CL A HCMA	HCMA	50,000	$514.0k0.49%	0.49%	Unchanged
67	WILLOW LANE ACQUISITION CRP USD CL A ORD SHS WLII	WLII	50,000	$511.5k0.49%	0.49%	New
68	CAL REDWOOD ACQUISITION CORP COM CL A CRAQ	CRAQ	49,429	$509.1k0.49%	0.49%	Unchanged
69	SPRING VY ACQUISITION CORP I ORD SHS CL A SVIV	SVIV	50,000	$509.0k0.49%	0.49%	New
70	OYSTER ENTERPRISES II ACQUIS ORD SHS CL A OYSE	OYSE	49,429	$508.6k0.49%	0.49%	Unchanged
71	SPACE ASSET ACQUISITION CORP USD CL A ORD SHS SAAQ	SAAQ	49,759	$507.5k0.49%	0.49%	New
72	1RT ACQUISITION CORP. USD CL A ORD SHS ONCH	ONCH	49,433	$506.7k0.49%	0.49%	Unchanged
73	PYROPHYTE ACQUISITION CORP. CL A SHS PAII	PAII	49,598	$505.9k0.49%	0.49%	Unchanged
74	SILVERBOX CORP V ORD SHS CL A SBXE	SBXE	50,000	$503.0k0.48%	0.48%	Unchanged
75	APEX TREAS CORP ORD SHS CL A APXT	APXT	50,000	$502.5k0.48%	0.48%	Unchanged
76	TAILWIND 2.0 ACQUISITION COR ORD SHS CL A TDWD	TDWD	50,000	$502.0k0.48%	0.48%	Unchanged
77	YORKVILLE INTL CAP CORP UNIT 06/05/2031 YICCU	YICCU	50,000	$502.0k0.48%	0.48%	New
78	EVOLUTION GLOBAL ACQUISITION USD CL A ORD SHS EVOX	EVOX	50,000	$501.0k0.48%	0.48%	Unchanged
79	INVEST GREEN ACQUISITION COR CL A ORD SHS IGAC	IGAC	50,000	$500.5k0.48%	0.48%	Unchanged
80	DYNAMIX CORP III USD CL A ORD SHS DNMX	DNMX	50,000	$499.5k0.48%	0.48%	Unchanged
81	HCM IV ACQUISITION CORP ORD USD CL A HACQ	HACQ	40,000	$401.2k0.39%	0.39%	New
82	SPARTACUS ACQUISITION CORP I CL A ORD SHS TMTS	TMTS	40,000	$400.4k0.39%	0.39%	New
83	BITCOIN INFRASTRUCTURE ACQUI USD CL A ORD SHS BIXI	BIXI	35,000	$349.8k0.34%	0.34%	Unchanged
84	AVERIN CAP ACQUISITION CORP ORD SHS CL A ACAA	ACAA	30,762	$306.4k0.29%	0.29%	New
85	CANTOR EQUITY PARTNERS VII I CL A ORD SHS CAES	CAES	30,000	$302.7k0.29%	0.29%	New
86	FACT II ACQUISITION CORP ORD SHS CL A FACT	FACT	25,000	$265.8k0.26%	0.26%	Reduced -75.0k	-75,000 -75.0%
87	HALL CHADWICK ACQUISITION CO ORD SHS CL A HCAC	HCAC	25,000	$251.0k0.24%	0.24%	Unchanged
88	PRESIDIO PRODTN CO *W EXP 03/04/203 FTW.WS	FTW.WS	134,243	$185.3k0.18%	0.18%	Unchanged
89	NEWHOLD INVT CORP III W EXP 01/30/203 W EXP 01/30/203		61,770	$129.7k0.12%	0.12%	Unchanged
90	BOLD EAGLE ACQUISITION CORP RIGHT 10/11/2029 BEAGR	BEAGR	393,893	$114.2k0.11%	0.11%	Unchanged
91	AGRICULTURE & NAT SOL ACQ CO W EXP 10/01/202 W EXP 10/01/202		484,858	$97.5k0.09%	0.09%	Unchanged
92	HENNESSY CAP INVT CORP VII RIGHT 01/17/2030 RIGHT 01/17/2030		197,900	$77.0k0.07%	0.07%	Unchanged
93	OAKTREE ACQUISITION CORP III *W EXP 09/01/203 OACCW	OACCW	78,981	$74.4k0.07%	0.07%	Unchanged
94	TRANSLATIONAL DEV ACQUISITIO *W EXP 12/18/202 TDACW	TDACW	41,826	$59.6k0.06%	0.06%	Unchanged
95	ALDEL FINL II INC *W EXP 09/26/203 ALDFW	ALDFW	197,106	$59.1k0.06%	0.06%	Unchanged
96	INFINITE EAGLE ACQUISITION C RIGHT 01/13/2031 IEAGR	IEAGR	300,000	$58.5k0.06%	0.06%	New
97	NEW AMER ACQUISITION I CORP *W EXP 99/99/999 NWAX.WS	NWAX.WS	97,500	$58.5k0.06%	0.06%	Unchanged
98	LIONHEART HOLDINGS *W EXP 06/07/203 CUBWW	CUBWW	145,507	$53.8k0.05%	0.05%	Unchanged
99	SILICON VY ACQUISITION CORP *W EXP 12/08/203 SVAQW	SVAQW	62,500	$46.2k0.04%	0.04%	New
100	RITHM ACQUISITION CORP *W EXP 99/99/999 RAC.WS	RAC.WS	65,866	$43.5k0.04%	0.04%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
LIONHEART HOLDINGS CUB	CUB	291,012	$3.1m291.0k shares
CENTURION ACQUISITION CORP ALF	ALF	290,988	$3.1m291.0k shares
INFINITE EAGLE ACQUISITION C IEAGU	IEAGU	300,000	$3.0m300.0k shares
GRAF GLOBAL CORP TONT	TONT	174,665	$1.9m174.7k shares
LAFAYETTE DIGITAL ACQUISITIO ZKPU	ZKPU	175,000	$1.7m175.0k shares
COLOMBIER ACQUISITION CORP I CLBR.U	CLBR.U	125,000	$1.3m125.0k shares
SILICON VY ACQUISITION CORP SVAQU	SVAQU	125,000	$1.3m125.0k shares
LAUNCHPAD CADENZA ACQUISITIO LPCVU	LPCVU	125,000	$1.2m125.0k shares
ALDABRA 4 LQDTY OPP VEH INC ALOVU	ALOVU	118,214	$1.2m118.2k shares
ARCHIMEDES TECH SPAC PARTNER		99,081	$1.0m99.1k shares
RICE ACQUISITION CORP 3 KRSP	KRSP	100,000	$1.0m100.0k shares
CARTESIAN GROWTH CORP III FAC	FAC	98,853	$1.0m98.9k shares
KENSINGTON CAP ACQUIST CORP KCAC.U	KCAC.U	100,000	$1.0m100.0k shares
KRAKACQUISITION CORPORATION KRAQU	KRAQU	100,000	$1.0m100.0k shares
HENNESSY CAP INVTS CORP VIII HCICU	HCICU	100,000	$1.0m100.0k shares
VINE HILL CAP INVTS CORP II VHCPU	VHCPU	100,000	$1.0m100.0k shares
CAMBRIDGE ACQUISITION CORP CAQUU	CAQUU	100,000	$996.0k100.0k shares
LIVE OAK ACQUISITION CORP V TMS	TMS	86,636	$901.0k86.6k shares
TRANSLATIONAL DEV ACQUISITIO TDAC	TDAC	83,651	$885.0k83.7k shares
COLUMBUS CIRCLE CAP CORP II IPXGU	IPXGU	75,000	$749.2k75.0k shares
SPACE ASSET ACQUISITION CORP SAAQU	SAAQU	60,000	$611.4k60.0k shares
D BORAL ACQUISITION I CORP DBCAU	DBCAU	55,000	$550.0k55.0k shares
SPRING VY ACQUISITION CORP I SVIVU	SVIVU	50,000	$508.0k50.0k shares
WILLOW LANE ACQUISITION CRP WLIIU	WLIIU	50,000	$505.0k50.0k shares
SPARTACUS ACQUISITION CORP I TMTSU	TMTSU	40,000	$401.4k40.0k shares