Electra Battery Materials
ELBM on Nasdaq. Market value $53m.
Should I look at this?
We have not checked this company yet
This is not advice.
Who owns it
None of the long-term investors we follow own it. 29 funds in all.
Largest holders overall
- Whitebox Advisors$4mCut
- Highbridge Capital Management$4mCut
- Peak6$754,195
- Diametric Capital, LP$316,304Added
- Jane Street Group$189,833Added
- Rathbones Group$152,604Cut
- HRT Financial LP$111,000Added
- JPMorgan Chase$97,793New
- Huntington National Bank$74,543
- XTX Topco$33,920Cut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
4 investors own more than 5%.
- WHITEBOX ADVISORS LLCPassive investorat least 9.9%0.0 pts(filed with 1 related holder)Since 30 June 2026
- O'Connor Alternative Investments LLCPassive investor9.9%Since 31 March 2026
- HIGHBRIDGE CAPITAL MANAGEMENT LLCPassive investor9.9%0.0 ptsSince 22 October 2025
- WHITEBOX GENERAL PARTNER LLC9.9%0.0 ptsSince 22 October 2025
What they said
Item 4 of the Original Schedule 13D is amended and supplemented as follows: On October 21, 2025, the Consenting Convertible Noteholders entered into Amendment No. 2 to the Transaction Support Agreement ("Amendment No. 2") to extend the outside date to close the Transactions to…
Read the filing - Sold down below 5%Since 31 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
WHITEBOX ADVISORS LLC Passive investor | at least 9.9%0.0 pts (filed with 1 related holder) | 30 June 2026 | |
O'Connor Alternative Investments LLC Passive investor | 9.9% | 31 March 2026 | |
HIGHBRIDGE CAPITAL MANAGEMENT LLC Passive investor | 9.9%0.0 pts | 22 October 2025 | |
WHITEBOX GENERAL PARTNER LLC | 9.9%0.0 pts | 22 October 2025 | What they saidItem 4 of the Original Schedule 13D is amended and supplemented as follows: On October 21, 2025, the Consenting Convertible Noteholders entered into Amendment No. 2 to the Transaction Support Agreement ("Amendment No. 2") to extend the outside date to close the Transactions to… Read the filing |
Sold down below 5% | 31 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
We have no insider filings for this company yet.
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
Electra Battery Materials doesn’t file a US annual report (10-K), so we haven’t checked it.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.