ECLIPSE OPERATIONS, LLC

Q4 2025 13F Holdings Report, Stock Holdings

Portfolio date: 31 Dec 2025
Reported 13F value: $124,676,519
Reported 13F holdings: 1
Largest 13F holdings: OWLT
What this filing covers: Period
Q4 2025
Calendar quarter covered by the filing.
13F holdings
1
Parsed equity rows, excluding option-only view rows.
Reported value
$124,676,519
SEC Form 13F market value, not total AUM.
Accepted by SEC
12 Feb 2026
EDGAR acceptance date.
How to read this filing
Start with the largest positions and changes, then open issuer-level rows for CUSIP-specific history.
Form 13F market value excludes cash and many non-13F assets, so it should not be treated as total assets under management.
SEC classifies this as a holdings report: this manager reports its visible U.S.-listed equity holdings in this filing.
Manager signature: Greg Lyon - Chief Financial Officer
Manager location: Palo Alto, CA
Accepted by SEC: 12 Feb 2026, 16:19:19 UTC
SEC form: 13F-HR
Prior SEC filing: Q4 2024 - 18 Feb 2025
Next SEC filing: Q1 2026 - 06 May 2026
Source filing: View source filing

Key filing fact

ECLIPSE OPERATIONS, LLC reported $124,676,519 across 1 holdings in Q4 2025.

Key facts

ECLIPSE OPERATIONS, LLC reported 13f holdings report, stock holdings for Q4 2025.
13F holdings value: $124,676,519.
1 holdings are listed in this filing snapshot.

Change

Previous comparable filing: Q4 2024.
Value moved from $16,918,583 to $124,676,519.

Research use

This filing-level page explains what the portfolio report tells you before the holdings table.
You can cite quarter, value, and filing timestamp directly from SEC-linked data.

Evidence

Backed by Form 13F

Portfolio-level numbers on this page come from the original SEC Form 13F filing.

View source filing

13F holdings

Security, weight, value, share count, and activity in one filing-backed table.

Holdings

Value

$124,676,519

Period

Q4 2025

Sym	Weight	Trade Impact	Company	Class	Share Change	Activity	Value change	SEC-reported value	SEC-reported price	Shares	Principal

Compare Q4 2025 to

SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held.
^* marks a reported price that did not pass the local price check.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Greg Lyon	Chief Financial Officer	Palo Alto, California	02 Feb 2026