Granger Management LLC

1. Portfolio Overview

Granger Management LLC’s 13F filing for the period ending September 30, 2025, reveals a highly concentrated portfolio that has undergone significant consolidation. The total portfolio value decreased by 20.1%, dropping from $268.06 million in the previous quarter to $214.28 million. This reduction in assets under management (AUM) coincides with a drastic simplification of the fund's structure, where the number of holdings was reduced from six to just two. The portfolio...