Arctic Fox Capital

[Arctic Fox Capital @ArcticFoxCap]

Buys: PNRG, CLBT, ACFN, IEHC, IAUM, SIVR
Sells: 6736, TSSI
Cash around 15%, and SPYM 18%.

[Arctic Fox Capital @ArcticFoxCap]

2026Q2: +12.8% vs +10.8% S&P.
Choppy quarter. No new positions, but added & traded some LT holds and continued adding metals (unfortunately so far).
Largest Individual Positions: $TSSI, $PNRG, $IEHC, $GWOX, $CLBT. Sold $6736, and went direct into CLBT as discount had compressed.

[Arctic Fox Capital @ArcticFoxCap]

Buys: $IEHC, SPYM, IAUM, SIVR
Sells: $GAMB, $RSSS, $TBTC
Had some other smaller trading positions, adds/sells along the way as well.

[Arctic Fox Capital @ArcticFoxCap]

2026Q1: +11.6% vs -4.6% S&P.
Nice rebound to start the year compared to a poor 2025. Sold some LT holds that just hadn't worked out & decided to clean the slate. Cash at 25%. Looking to keep adding more metals.
Largest Positions: Cash, $TSSI, SPYM, $6736, $GWOX.

[Arctic Fox Capital @ArcticFoxCap]

$TSSI Anyone have a copy of the Needham initiation report?

[Arctic Fox Capital @ArcticFoxCap]

Trimmed both 6736 and TSSI after large runups, but obviously should have cut more in hindsight. Large cash balance ready for new ideas and additions to existing portfolio. 2026 is a new year, and ready for new opportunities!

[Arctic Fox Capital @ArcticFoxCap]

2025YE Recap: -4.9% vs 16.4% S&P
2021-25: +40.6, +6.5, +21.2, +71.7, -4.9
5yr CAGR: 21.2%
Winners: $ACFN, $IEHC
Losers: $TSSI, $6736.T, $GAMB
Main Positions: Cash (37%), 6736, TSSI
Overall tough year in the PA. Didn't really have much of anything go right, after a great 2025.

[Arctic Fox Capital @ArcticFoxCap]

204YE Recap: +71.6% vs 24% S&P
Main Positions: $TSSI, $6736.T, Cash, $CKX, $PNRG
Big Winners: TSSI, 6736, PNRG,
Losers: SAVE Calls, $OTCM, $ZIMV
2021-2023: +40.6, +6.5%, +21.2%.

[Arctic Fox Capital @ArcticFoxCap]

@DealintCB So strategy would be to buy 99 LEN and short 409.5333 shares of MRP?

[Arctic Fox Capital @ArcticFoxCap]

To be completely transparent however this started as a tiny position and ballooned almost immediately due to price performance - so it's been house money, with basically zero adds along the way.

[Arctic Fox Capital @ArcticFoxCap]

$TSSI Glad I trimmed at $15, $20, $25, and $30, but apparently not enough...ha. we'll see how the next few days shake out, but IMO the LT thesis isnt dead yet. Price probably got ahead of itself and doesn't help the AI data center narrative is under heavy scrutiny currently.

[Arctic Fox Capital @ArcticFoxCap]

Today will still hurt as it was my 2nd largest position, but that's a first world problem when you hold something from $1.15 to $30, not the worst problem to have.

[Arctic Fox Capital @ArcticFoxCap]

@oc_ulus Guess that helps explain part of the price increase as of late!

[Arctic Fox Capital @ArcticFoxCap]

2025Q3: +6.8% vs +13.7% S&P.
Quiet quarter for activity. Put some cash into the S&P, and some other small starter positions. Cash at 15%.
Largest positions remain $6736, $TSSI, Cash.
Buys: $GWOX.
Sold: $CKX, $ACFN

[Arctic Fox Capital @ArcticFoxCap]

$ZIMV indeed gets sold. Price of $19. Sold my shares around $12.25 after being discouraged with the downside momentum and lack of news regarding sale/strategic alts. Win some and lose some, luckily it was a small position size.

[Arctic Fox Capital @ArcticFoxCap]

@DeepSailCapital @cupofcoffeecap Still a big position for me, thru 6736, but a CEO and CFO change are always a caution flag. Remains to be seen if the recent pull back has fully discounted the situation. Hope the new CEO expected to be announced soon is a heavy hitter, with how long the search has taken...

[Arctic Fox Capital @ArcticFoxCap]

2025Q2: +10% vs 5.7% S&P.
$TSSI biggest gainer, $6736.T main drag.
Main positions: TSSI, Cash, 6736 ($CLBT)
Trimmed TSSI in half after continued huge run.
Buys: $ACFN, $GAMB, $RSSS, other small starters
Overall ~25% cash position currently.

[Arctic Fox Capital @ArcticFoxCap]

@JustinGran30084 @TiehackCapital Need her X handle...asking for a friend...

[Arctic Fox Capital @ArcticFoxCap]

@eriksen_tim Have you had any conversations with $SKAS (remaining) MGMT about future plans now that they have no operating business?

[Arctic Fox Capital @ArcticFoxCap]

2025Q1: -14% vs -4% S&P. Large drawdowns in $TSSI, and $6736.T ($CLBT) main contributors. Partially reduced $CKX (process taking too long for my liking). At 23% Cash.
Largest Positions: 6736, Cash, TSSI, $PNRG
Buys: 6736, $ACFN, $GAMB, $RSSS, $WELX
Sold: $ZIMV, CKX