Gambit Capital Management

FRANKLIN, TNfiles as Gambit Capital Management, LLC

$171m in 102 US stocks at the end of 30 June 2026. The top 10 are 59.5% of the money. It changed about 7.0% of the portfolio this quarter.

Value

$171m

Stocks

102

Top 10 share

59.5%

Turnover

7.0%

What changed this quarter

New

Bought for the first time this quarter.

Northern LTS FD TR IVPTL
0.7% of the fund
Ishares TROEF
0.3% of the fund
Northern LTS FD TR IVWWJD
0.2% of the fund
Cisco SystemsCSCO
0.2% of the fund
Northern LTS FD TR IVISMD
0.2% of the fund
Advanced Micro DevicesAMD
0.2% of the fund
Dimensional ETF TrustDFCF
0.2% of the fund
CorningGLW
0.2% of the fund
Wisdomtree TRAGGY
0.2% of the fund
CaterpillarCAT
0.1% of the fund
UnitedHealth GroupUNH
0.1% of the fund
Ishares TRHDV
0.1% of the fund
First TR Exchange Traded FDFV
0.1% of the fund
Palo Alto NetworksPANW
0.1% of the fund
Vanguard Malvern FDSVTP
0.1% of the fund
Micron TechnologyMU
0.1% of the fund
Warby ParkerWRBY
0.1% of the fund
Novo Nordisk A SNVO
0.1% of the fund
NeogenomicsNEO
<0.1% of the fund

Added

Bought more of a stock they already held.

State STR Spdr S&P 500 ETF TSPY
9.0% of the fund
+17%
Spdr Series TrustSPYM
7.5% of the fund
+4%
Invesco Exchange Traded FD TRSP
3.8% of the fund
+12%
Ishares TRQUAL
3.2% of the fund
+15%
Spdr Index SHS FDSSPDW
2.8% of the fund
+6%
Simplify Exchange Traded FUNPINK
1.7% of the fund
+168%
AppleAAPL
1.7% of the fund
+6%
Spdr Series TrustBIL
1.6% of the fund
+12%
Schwab Strategic TRSCHO
1.5% of the fund
+55%
Berkshire HathawayBRK-B
1.3% of the fund
+2%
Schwab Strategic TRSCHF
1.2% of the fund
+4%
Spdr Series TrustSPAB
1.1% of the fund
+7%
AlphabetGOOGL
1.0% of the fund
+9%
NvidiaNVDA
0.9% of the fund
+11%
Amazon.comAMZN
0.9% of the fund
+5%
World Gold TRGLDM
0.9% of the fund
+43%
Ishares Ethereum TRETHA
0.7% of the fund
+5%
Vanguard BD Index FDSBND
0.6% of the fund
+14%
Vanguard Instl Index FDVBIL
0.5% of the fund
+50%
Wisdomtree TRDGRW
0.5% of the fund
+2%
American Centy ETF TRAVUV
0.4% of the fund
+23%
Ishares TRIEI
0.4% of the fund
+126%
AbbVieABBV
0.4% of the fund
+4%
Costco WholesaleCOST
0.4% of the fund
+3%
Vanguard Intl Equity Index FVWO
0.4% of the fund
+38%

Cut

Sold some of their stake.

Eli LillyLLY
17.5% of the fund
-4%
Vanguard Index FDSVOO
7.8% of the fund
-2%
Schwab Strategic TRSCHX
3.8% of the fund
-2%
Invesco Exch TRD SLF IDX FDBSCR
0.9% of the fund
-5%
Invesco Exch TRD SLF IDX FDBSCQ
0.8% of the fund
-19%
Invesco Exch TRD SLF IDX FDBSCS
0.6% of the fund
-4%
NucorNUE
0.3% of the fund
-10%
Lam ResearchLRCX
0.2% of the fund
-21%
Vanguard Index FDSVV
0.2% of the fund
-11%
Spdr Gold TRGLD
0.2% of the fund
-7%
OracleORCL
0.1% of the fund
-11%
Cardinal HealthCAH
0.1% of the fund
-20%
Goldman Sachs Physical GoldAAAU
0.1% of the fund
-4%

Sold out

Sold their entire stake.

Janus Detroit STR TRJAAA
-100%
Cboe Global MktsCBOE
-100%
Ferguson EnterprisesFERG
-100%
Select Sector Spdr TRXLV
-100%

Holdings

Eli LillyLLY
Share
17.5%
Value
$30m
Shares
24,997
-4%
State STR Spdr S&P 500 ETF TSPY
Share
9.0%
Value
$16m
Shares
20,760
+17%
Vanguard Index FDSVOO
Share
7.8%
Value
$13m
Shares
19,407
-2%
Spdr Series TrustSPYM
Share
7.5%
Value
$13m
Shares
146,217
+4%
Schwab Strategic TRSCHX
Share
3.8%
Value
$6m
Shares
220,435
-2%
Invesco Exchange Traded FD TRSP
Share
3.8%
Value
$6m
Shares
30,420
+12%
Ishares TRQUAL
Share
3.2%
Value
$5m
Shares
24,934
+15%
Spdr Index SHS FDSSPDW
Share
2.8%
Value
$5m
Shares
93,792
+6%
Ishares TREFA
Share
2.4%
Value
$4m
Shares
40,214
Held
Simplify Exchange Traded FUNPINK
Share
1.7%
Value
$3m
Shares
75,889
+168%
AppleAAPL
Share
1.7%
Value
$3m
Shares
9,814
+6%
Spdr Series TrustBIL
Share
1.6%
Value
$3m
Shares
30,145
+12%
Schwab Strategic TRSCHO
Share
1.5%
Value
$3m
Shares
106,572
+55%
Berkshire HathawayBRK-B
Share
1.3%
Value
$2m
Shares
4,441
+2%
Spdr Series TrustSPSM
Share
1.3%
Value
$2m
Shares
38,481
Held
Schwab Strategic TRSCHF
Share
1.2%
Value
$2m
Shares
76,463
+4%
Spdr Series TrustSPAB
Share
1.1%
Value
$2m
Shares
76,746
+7%
MicrosoftMSFT
Share
1.0%
Value
$2m
Shares
4,680
Held
AlphabetGOOGL
Share
1.0%
Value
$2m
Shares
4,731
+9%
NvidiaNVDA
Share
0.9%
Value
$2m
Shares
7,898
+11%
Invesco Exch TRD SLF IDX FDBSCR
Share
0.9%
Value
$2m
Shares
80,074
-5%
Ishares TRIWM
Share
0.9%
Value
$2m
Shares
5,134
Held
Amazon.comAMZN
Share
0.9%
Value
$2m
Shares
6,343
+5%
World Gold TRGLDM
Share
0.9%
Value
$2m
Shares
18,924
+43%
Schwab Strategic TRSCHZ
Share
0.9%
Value
$1m
Shares
63,287
Held
Invesco Exch TRD SLF IDX FDBSCQ
Share
0.8%
Value
$1m
Shares
65,993
-19%
Ishares Ethereum TRETHA
Share
0.7%
Value
$1m
Shares
107,582
+5%
JPMorgan ChaseJPM
Share
0.7%
Value
$1m
Shares
3,710
Held
Northern LTS FD TR IVPTL
Share
0.7%
Value
$1m
Shares
4,112
New
Ishares TREEM
Share
0.6%
Value
$1m
Shares
15,911
Held
Vanguard BD Index FDSBND
Share
0.6%
Value
$1m
Shares
14,789
+14%
State STR Spdr S&P Midcap 40MDY
Share
0.6%
Value
$1m
Shares
1,475
Held
Invesco Exch TRD SLF IDX FDBSCS
Share
0.6%
Value
$1m
Shares
49,627
-4%
Dimensional ETF TrustDFUS
Share
0.6%
Value
$971,808
Shares
11,860
Held
APi GroupAPG
Share
0.6%
Value
$967,824
Shares
22,853
Held
Vanguard Instl Index FDVBIL
Share
0.5%
Value
$918,074
Shares
12,131
+50%
Vanguard Index FDSVTI
Share
0.5%
Value
$907,338
Shares
2,452
Held
Wisdomtree TRDGRW
Share
0.5%
Value
$848,915
Shares
8,878
+2%
Vanguard Index FDSVUG
Share
0.5%
Value
$787,147
Shares
9,138
Held
Select Sector Spdr TRXLK
Share
0.4%
Value
$769,510
Shares
4,039
Held
American Centy ETF TRAVUV
Share
0.4%
Value
$756,544
Shares
6,064
+23%
Schwab Strategic TRFNDF
Share
0.4%
Value
$747,504
Shares
14,168
Held
Ishares TRTIP
Share
0.4%
Value
$699,039
Shares
6,388
Held
Spdr Series TrustSPMD
Share
0.4%
Value
$689,788
Shares
10,210
Held
Ishares TRIEI
Share
0.4%
Value
$667,351
Shares
5,682
+126%
AbbVieABBV
Share
0.4%
Value
$664,330
Shares
2,640
+4%
Costco WholesaleCOST
Share
0.4%
Value
$646,410
Shares
691
+3%
Vanguard Intl Equity Index FVWO
Share
0.4%
Value
$642,981
Shares
10,772
+38%
TeslaTSLA
Share
0.4%
Value
$638,050
Shares
1,517
+9%
Schwab Strategic TRSCHP
Share
0.4%
Value
$636,954
Shares
24,036
+30%
Meta PlatformsMETA
Share
0.4%
Value
$626,379
Shares
1,112
+11%
Pimco ETF TRMINT
Share
0.4%
Value
$624,711
Shares
6,197
+3%
AlphabetGOOG
Share
0.4%
Value
$624,687
Shares
1,768
+9%
BroadcomAVGO
Share
0.4%
Value
$621,399
Shares
1,645
+2%
Schwab Strategic TRSCHA
Share
0.3%
Value
$592,785
Shares
16,407
Held
Spdr Index SHS FDSSPEM
Share
0.3%
Value
$582,007
Shares
11,240
+3%
Ishares TROEF
Share
0.3%
Value
$551,366
Shares
1,507
New
Charles SchwabSCHW
Share
0.3%
Value
$540,333
Shares
5,856
Held
Schwab Strategic TRSCHE
Share
0.3%
Value
$503,149
Shares
13,876
Held
NucorNUE
Share
0.3%
Value
$496,287
Shares
2,228
-10%
Johnson & JohnsonJNJ
Share
0.3%
Value
$495,241
Shares
1,950
Held
Vanguard Intl Equity Index FVT
Share
0.3%
Value
$458,294
Shares
2,920
Held
VisaV
Share
0.3%
Value
$451,507
Shares
1,316
Held
Select Sector Spdr TRXLE
Share
0.2%
Value
$416,011
Shares
7,833
Held
Lam ResearchLRCX
Share
0.2%
Value
$401,697
Shares
927
-21%
Northern LTS FD TR IVWWJD
Share
0.2%
Value
$399,297
Shares
10,472
New
Vanguard Index FDSVV
Share
0.2%
Value
$381,396
Shares
1,109
-11%
Pacer FDS TRPTLC
Share
0.2%
Value
$370,475
Shares
6,359
Held
Ishares TRMUB
Share
0.2%
Value
$356,760
Shares
3,315
Held
Vanguard Index FDSVBR
Share
0.2%
Value
$348,464
Shares
1,434
Held
American Centy ETF TRAVDE
Share
0.2%
Value
$346,542
Shares
3,885
Held
NetflixNFLX
Share
0.2%
Value
$346,361
Shares
4,851
+7%
RTXRTX
Share
0.2%
Value
$332,407
Shares
1,752
+3%
Cisco SystemsCSCO
Share
0.2%
Value
$317,847
Shares
2,706
New
Northern LTS FD TR IVISMD
Share
0.2%
Value
$317,181
Shares
6,344
New
Advanced Micro DevicesAMD
Share
0.2%
Value
$308,464
Shares
531
New
International Business MachinesIBM
Share
0.2%
Value
$308,206
Shares
1,096
+5%
Dimensional ETF TrustDFCF
Share
0.2%
Value
$303,279
Shares
7,185
New
WalmartWMT
Share
0.2%
Value
$296,628
Shares
2,619
+6%
Spdr Gold TRGLD
Share
0.2%
Value
$280,337
Shares
761
-7%
MastercardMA
Share
0.2%
Value
$277,924
Shares
541
+5%
CorningGLW
Share
0.2%
Value
$276,886
Shares
1,084
New
Wisdomtree TRAGGY
Share
0.2%
Value
$273,707
Shares
6,295
New
OracleORCL
Share
0.1%
Value
$254,997
Shares
1,740
-11%
CaterpillarCAT
Share
0.1%
Value
$251,316
Shares
236
New
Union PacificUNP
Share
0.1%
Value
$245,888
Shares
904
+7%
UnitedHealth GroupUNH
Share
0.1%
Value
$245,637
Shares
591
New
Schwab Strategic TRSCHM
Share
0.1%
Value
$243,268
Shares
6,598
Held
3MMMM
Share
0.1%
Value
$239,950
Shares
1,482
Held
Abbott LaboratoriesABT
Share
0.1%
Value
$233,928
Shares
2,578
+4%
Ishares TRHDV
Share
0.1%
Value
$233,670
Shares
8,525
New
First TR Exchange Traded FDFV
Share
0.1%
Value
$233,331
Shares
3,075
New
Palo Alto NetworksPANW
Share
0.1%
Value
$228,824
Shares
671
New
Cardinal HealthCAH
Share
0.1%
Value
$228,770
Shares
963
-20%
Vanguard Malvern FDSVTP
Share
0.1%
Value
$228,429
Shares
2,980
New
Micron TechnologyMU
Share
0.1%
Value
$222,777
Shares
193
New
ExxonMobil HoldingsXOM
Share
0.1%
Value
$222,580
Shares
1,628
+4%
Goldman Sachs Physical GoldAAAU
Share
0.1%
Value
$214,469
Shares
5,420
-4%
Warby ParkerWRBY
Share
0.1%
Value
$208,223
Shares
6,863
New
Novo Nordisk A SNVO
Share
0.1%
Value
$204,224
Shares
4,260
New

Company	Share of fund	Value	Shares	Change
Eli LillyLLY	17.5%	$30m	24,997	-4%
State STR Spdr S&P 500 ETF TSPY	9.0%	$16m	20,760	+17%
Vanguard Index FDSVOO	7.8%	$13m	19,407	-2%
Spdr Series TrustSPYM	7.5%	$13m	146,217	+4%
Schwab Strategic TRSCHX	3.8%	$6m	220,435	-2%
Invesco Exchange Traded FD TRSP	3.8%	$6m	30,420	+12%
Ishares TRQUAL	3.2%	$5m	24,934	+15%
Spdr Index SHS FDSSPDW	2.8%	$5m	93,792	+6%
Ishares TREFA	2.4%	$4m	40,214	Held
Simplify Exchange Traded FUNPINK	1.7%	$3m	75,889	+168%
AppleAAPL	1.7%	$3m	9,814	+6%
Spdr Series TrustBIL	1.6%	$3m	30,145	+12%
Schwab Strategic TRSCHO	1.5%	$3m	106,572	+55%
Berkshire HathawayBRK-B	1.3%	$2m	4,441	+2%
Spdr Series TrustSPSM	1.3%	$2m	38,481	Held
Schwab Strategic TRSCHF	1.2%	$2m	76,463	+4%
Spdr Series TrustSPAB	1.1%	$2m	76,746	+7%
MicrosoftMSFT	1.0%	$2m	4,680	Held
AlphabetGOOGL	1.0%	$2m	4,731	+9%
NvidiaNVDA	0.9%	$2m	7,898	+11%
Invesco Exch TRD SLF IDX FDBSCR	0.9%	$2m	80,074	-5%
Ishares TRIWM	0.9%	$2m	5,134	Held
Amazon.comAMZN	0.9%	$2m	6,343	+5%
World Gold TRGLDM	0.9%	$2m	18,924	+43%
Schwab Strategic TRSCHZ	0.9%	$1m	63,287	Held
Invesco Exch TRD SLF IDX FDBSCQ	0.8%	$1m	65,993	-19%
Ishares Ethereum TRETHA	0.7%	$1m	107,582	+5%
JPMorgan ChaseJPM	0.7%	$1m	3,710	Held
Northern LTS FD TR IVPTL	0.7%	$1m	4,112	New
Ishares TREEM	0.6%	$1m	15,911	Held
Vanguard BD Index FDSBND	0.6%	$1m	14,789	+14%
State STR Spdr S&P Midcap 40MDY	0.6%	$1m	1,475	Held
Invesco Exch TRD SLF IDX FDBSCS	0.6%	$1m	49,627	-4%
Dimensional ETF TrustDFUS	0.6%	$971,808	11,860	Held
APi GroupAPG	0.6%	$967,824	22,853	Held
Vanguard Instl Index FDVBIL	0.5%	$918,074	12,131	+50%
Vanguard Index FDSVTI	0.5%	$907,338	2,452	Held
Wisdomtree TRDGRW	0.5%	$848,915	8,878	+2%
Vanguard Index FDSVUG	0.5%	$787,147	9,138	Held
Select Sector Spdr TRXLK	0.4%	$769,510	4,039	Held
American Centy ETF TRAVUV	0.4%	$756,544	6,064	+23%
Schwab Strategic TRFNDF	0.4%	$747,504	14,168	Held
Ishares TRTIP	0.4%	$699,039	6,388	Held
Spdr Series TrustSPMD	0.4%	$689,788	10,210	Held
Ishares TRIEI	0.4%	$667,351	5,682	+126%
AbbVieABBV	0.4%	$664,330	2,640	+4%
Costco WholesaleCOST	0.4%	$646,410	691	+3%
Vanguard Intl Equity Index FVWO	0.4%	$642,981	10,772	+38%
TeslaTSLA	0.4%	$638,050	1,517	+9%
Schwab Strategic TRSCHP	0.4%	$636,954	24,036	+30%
Meta PlatformsMETA	0.4%	$626,379	1,112	+11%
Pimco ETF TRMINT	0.4%	$624,711	6,197	+3%
AlphabetGOOG	0.4%	$624,687	1,768	+9%
BroadcomAVGO	0.4%	$621,399	1,645	+2%
Schwab Strategic TRSCHA	0.3%	$592,785	16,407	Held
Spdr Index SHS FDSSPEM	0.3%	$582,007	11,240	+3%
Ishares TROEF	0.3%	$551,366	1,507	New
Charles SchwabSCHW	0.3%	$540,333	5,856	Held
Schwab Strategic TRSCHE	0.3%	$503,149	13,876	Held
NucorNUE	0.3%	$496,287	2,228	-10%
Johnson & JohnsonJNJ	0.3%	$495,241	1,950	Held
Vanguard Intl Equity Index FVT	0.3%	$458,294	2,920	Held
VisaV	0.3%	$451,507	1,316	Held
Select Sector Spdr TRXLE	0.2%	$416,011	7,833	Held
Lam ResearchLRCX	0.2%	$401,697	927	-21%
Northern LTS FD TR IVWWJD	0.2%	$399,297	10,472	New
Vanguard Index FDSVV	0.2%	$381,396	1,109	-11%
Pacer FDS TRPTLC	0.2%	$370,475	6,359	Held
Ishares TRMUB	0.2%	$356,760	3,315	Held
Vanguard Index FDSVBR	0.2%	$348,464	1,434	Held
American Centy ETF TRAVDE	0.2%	$346,542	3,885	Held
NetflixNFLX	0.2%	$346,361	4,851	+7%
RTXRTX	0.2%	$332,407	1,752	+3%
Cisco SystemsCSCO	0.2%	$317,847	2,706	New
Northern LTS FD TR IVISMD	0.2%	$317,181	6,344	New
Advanced Micro DevicesAMD	0.2%	$308,464	531	New
International Business MachinesIBM	0.2%	$308,206	1,096	+5%
Dimensional ETF TrustDFCF	0.2%	$303,279	7,185	New
WalmartWMT	0.2%	$296,628	2,619	+6%
Spdr Gold TRGLD	0.2%	$280,337	761	-7%
MastercardMA	0.2%	$277,924	541	+5%
CorningGLW	0.2%	$276,886	1,084	New
Wisdomtree TRAGGY	0.2%	$273,707	6,295	New
OracleORCL	0.1%	$254,997	1,740	-11%
CaterpillarCAT	0.1%	$251,316	236	New
Union PacificUNP	0.1%	$245,888	904	+7%
UnitedHealth GroupUNH	0.1%	$245,637	591	New
Schwab Strategic TRSCHM	0.1%	$243,268	6,598	Held
3MMMM	0.1%	$239,950	1,482	Held
Abbott LaboratoriesABT	0.1%	$233,928	2,578	+4%
Ishares TRHDV	0.1%	$233,670	8,525	New
First TR Exchange Traded FDFV	0.1%	$233,331	3,075	New
Palo Alto NetworksPANW	0.1%	$228,824	671	New
Cardinal HealthCAH	0.1%	$228,770	963	-20%
Vanguard Malvern FDSVTP	0.1%	$228,429	2,980	New
Micron TechnologyMU	0.1%	$222,777	193	New
ExxonMobil HoldingsXOM	0.1%	$222,580	1,628	+4%
Goldman Sachs Physical GoldAAAU	0.1%	$214,469	5,420	-4%
Warby ParkerWRBY	0.1%	$208,223	6,863	New
Novo Nordisk A SNVO	0.1%	$204,224	4,260	New

Showing the largest 100 of 102.

Options (1)

Eli Lilly
Type
Put
Value
$302,625
Contracts
40

Company	Type	Value	Contracts
Eli Lilly	Put	$302,625	40

Over time and by industry

Value over time

Dec '25

Jun '26

Value is up 22.7% since 31 December 2025.

Where the money is

Health care18.8%

Technology5.3%

Financial services2.7%

Media & telecom1.9%

Industrials1.3%

Retail & consumer1.3%

Everyday goods0.5%

Materials0.4%

Energy0.1%

Other67.6%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.