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Black Maple Capital Management LP

CIK:0001588959
Investment Adviser
$298M AUM
97 holdings
Milwaukee, WI, US
Founded:2011
9 employees
Latest filing:Jun 30, 2025

Black Maple Capital Management LP is a SEC-registered investment adviser and general partner to several funds, including Black Maple Strategic Allocation Fund LP and Black Maple Capital Partners LP, serving primarily high-net-worth individuals and pooled investment vehicles via managed accounts and hedge fund strategies. The firm’s website describes itself as 'a multi-family office dedicated to preserving and growing our clients' wealth through a combination of internally-managed funds'.

Investment Strategy

Provides discretionary investment advisory services—managing assets in-house via proprietary funds and customized separate account portfolios for select clients. No specific sectoral or asset-class focus is detailed in public filings; however, quarterly 13F holdings show investments across banks, energy, and financial services stocks.

Latest 13F Filing Activity

Black Maple Capital Management LP filed their most recent 13F report on Jun 30, 2025 disclosing 84 equity positions and 11 options positions with a total 13F market value of $223M. The fund increased holdings in Ishares TR, Antero Resources Corp., SPDR S&P 500 Etf TR among other positions. Black Maple Capital Management LP reduced exposure to Synchrony Financial, Us Bancorp Del, Kosmos Energy LTD among others.

Top Buys
I
IEIISHARES TR
+$8.0M
A
ARANTERO RESOURCES CORP
+$7.4M
S
SPYSPDR S&P 500 ETF TR
+$4.2M
C
COLBCOLUMBIA BKG SYS INC
+$3.3M
M
METAMETA PLATFORMS INC
+$2.2M
Top Sells
S
SYFSYNCHRONY FINANCIAL
-$3.2M
U
USBUS BANCORP DEL
-$3.0M
K
KOSKOSMOS ENERGY LTD
-$2.6M
S
SMSM ENERGY CO
-$2.4M
K
KEYKEYCORP
-$2.2M

Top Holdings

S
SPYSPDR S&P 500 ETF TR
+12.1%$27.0M
I
IEIISHARES TR
+4.7%$10.4M
A
ARANTERO RESOURCES CORP
+3.3%$7.4M
B
BANCBANC OF CALIFORNIA INC
+2.9%$6.4M
I
IEFISHARES TR
+2.6%$5.8M

Equity Positions (84)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
SPDR S&P 500 ETF TR12.14%$27.0M43,752$430.99$617.85+$4.2M
ISHARES TR4.65%$10.4M87,000$118.87$119.09+$8.0M
ANTERO RESOURCES CORP3.34%$7.4M184,638$40.28$40.28+$7.4M
BANC OF CALIFORNIA INC2.87%$6.4M454,896$13.88$14.05+$540.0K
ISHARES TR2.62%$5.8M60,850$94.29$95.77+$24.3K

Options Positions (10)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
SPDR S&P 500 ETF TRBought
Put
$75.1M1,215$617.85$576.70+415+$30.3M
ISHARES TRNew
Call
$794.4K200$39.72$39.72+200+$794.4K
SPDR SERIES TRUSTBought
Put
$593.9K100$59.39$58.12+50+$309.6K
SILICON MOTION TECHNOLOGY CONew
Put
$375.9K50$75.17$75.17+50+$375.9K
COMERICA INCBought
Call
$357.9K60$59.65$59.16+10+$62.6K

Industry Allocation

CRUDE PETROLEUM & NATURAL GAS
+9.8%
NATIONAL COMMERCIAL BANKS
+9.2%
STATE COMMERCIAL BANKS
+6.8%
SERVICES-BUSINESS SERVICES, NEC
+3.3%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+3.0%