Data as of Q4 2025 (Dec 31, 2025)

Indaba Capital Management, L.P.

โ€ขCIK: 1524362โ€ขFiling: Q4 2025

**Indaba Capital Management, L.P.** manages $34M across a concentrated portfolio of one primary holding. The fund's current structure is heavily weighted toward ONTF, representing approximately 99.4% of its total assets. This highly concentrated approach suggests a deep conviction in the underlying asset class or security represented by ONTF. Investors should note the significant single-stock exposure within the current mandate.

Total AUM
$33.8M
QoQ Performance
+33.0%
Positions
1
Top 10 Concentration
100.0%
Latest Filing
Q4 2025

Top Holdings Allocation

ONTF
ONTF100.0%

๐Ÿ“ˆ Biggest Buys

No new positions or increases this quarter

๐Ÿ“‰ Biggest Sells

No reductions this quarter

Sector Breakdown

Other100.0%

๐Ÿšช Exited Positionssold since Q3 2025

ELME
ELME COMMUNITIES
SOLD
$1.1M

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023

๐Ÿ“Œ Top Holdings