# EDGAR Filing Document

**Accession Number:** 0001803593
**File Stem:** 0001803593-25-000018
**Filing Date:** 2025-11
**Character Count:** 12391
**Document Hash:** 50be670f59852032d30483949d2dd2f6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001803593-25-000018.hdr.sgml**: 20251110

**ACCESSION NUMBER**: 0001803593-25-000018

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251110

**DATE AS OF CHANGE**: 20251110

**EFFECTIVENESS DATE**: 20251110

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Monaco Asset Management SAM
- **CENTRAL INDEX KEY:** 0001803593

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** O9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20080
- **FILM NUMBER:** 251464645

**BUSINESS ADDRESS:**
- **STREET 1:** 27 BOULEVARD PRINCESSE CHARLOTTE
- **CITY:** MONACO
- **STATE:** O9
- **ZIP:** 98000
- **BUSINESS PHONE:** 377-9797-6400

**MAIL ADDRESS:**
- **STREET 1:** 27 BOULEVARD PRINCESSE CHARLOTTE
- **CITY:** MONACO
- **STATE:** O9
- **ZIP:** 98000

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Monaco Asset Management SAM<br>**Address:** 27 Boulevard Princesse Charlotte<br>Monaco, O9 98000

**Form 13F File Number:** 028-20080

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Joelle Rotard<br>**Title:** Compliance Officer<br>**Phone:** 377-9797-6415

**Signature, Place, and Date of Signing:**

Joelle Rotard  Monaco, FL  11-10-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 85

**Form 13F Information Table Value Total:** $1647502137

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 8103900 | 35000 | SH | Put | SOLE | N/A | 35000 | 0 | 0 |
| ADVISORSHARES TR | PURE US CANNABIS | 00768Y453 |  | 2538700 | 530000 | SH |  | SOLE | N/A | 530000 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 8222500 | 250000 | SH |  | SOLE | N/A | 250000 | 0 | 0 |
| ALICO INC | COM | 016230104 |  | 762693 | 22005 | SH |  | SOLE | N/A | 22005 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 500880 | 4000 | SH |  | SOLE | N/A | 4000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 10185200 | 40000 | SH | Put | SOLE | N/A | 40000 | 0 | 0 |
| ARCELLX INC | COMMON STOCK | 03940C100 |  | 6452157 | 78589 | SH |  | SOLE | N/A | 78589 | 0 | 0 |
| ARVINAS INC | COM | 04335A105 |  | 6057175 | 710936 | SH |  | SOLE | N/A | 710936 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 21451200 | 5000 | SH | Put | SOLE | N/A | 5000 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 |  | 1863170 | 376398 | SH |  | SOLE | N/A | 376398 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 9223900 | 70000 | SH |  | SOLE | N/A | 70000 | 0 | 0 |
| BANCO MACRO SA | SPON ADR B | 05961W105 |  | 3497383 | 82700 | SH |  | SOLE | N/A | 82700 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 9768750 | 75000 | SH | Put | SOLE | N/A | 75000 | 0 | 0 |
| BUNGE GLOBAL SA | COM SHS | H11356104 |  | 2031250 | 25000 | SH |  | SOLE | N/A | 25000 | 0 | 0 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 9952908 | 499644 | SH |  | SOLE | N/A | 499644 | 0 | 0 |
| CENTURY ALUM CO | COM | 156431108 |  | 4954559 | 168752 | SH |  | SOLE | N/A | 168752 | 0 | 0 |
| CHEMOURS CO | COM | 163851108 |  | 475200 | 30000 | SH |  | SOLE | N/A | 30000 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 5706228 | 27800 | SH | Put | SOLE | N/A | 27800 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 3965000 | 325000 | SH |  | SOLE | N/A | 325000 | 0 | 0 |
| COSAN S A | ADS | 22113B103 |  | 4600000 | 1000000 | SH |  | SOLE | N/A | 1000000 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 39339275 | 42500 | SH | Put | SOLE | N/A | 42500 | 0 | 0 |
| CYTOKINETICS INC | COM NEW | 23282W605 |  | 6595200 | 120000 | SH |  | SOLE | N/A | 120000 | 0 | 0 |
| DBX ETF TR | XTRACK HRVST CSI | 233051879 |  | 4122500 | 125000 | SH |  | SOLE | N/A | 125000 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 1051800 | 30000 | SH |  | SOLE | N/A | 30000 | 0 | 0 |
| DOLLY VARDEN SILVER CORP | COM NO PAR | 256827783 |  | 1509478 | 300600 | SH |  | SOLE | N/A | 300600 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 26705000 | 35000 | SH | Put | SOLE | N/A | 35000 | 0 | 0 |
| EMEREN GROUP LTD | SPONSORED ADS | 75971T301 |  | 3789737 | 2005152 | SH |  | SOLE | N/A | 2005152 | 0 | 0 |
| FATE THERAPEUTICS INC | COM | 31189P102 |  | 970200 | 770000 | SH |  | SOLE | N/A | 770000 | 0 | 0 |
| FORUM ENERGY TECHNOLOGIES IN | COM | 34984V209 |  | 801300 | 30000 | SH |  | SOLE | N/A | 30000 | 0 | 0 |
| GALAPAGOS NV | SPON ADR | 36315X101 |  | 1161687 | 33536 | SH |  | SOLE | N/A | 33536 | 0 | 0 |
| GOODYEAR TIRE  RUBR CO | COM | 382550101 |  | 748000 | 100000 | SH |  | SOLE | N/A | 100000 | 0 | 0 |
| GOSSAMER BIO INC | COM | 38341P102 |  | 3627864 | 1379416 | SH |  | SOLE | N/A | 1379416 | 0 | 0 |
| GROWGENERATION CORP | COM | 39986L109 |  | 1394919 | 745946 | SH |  | SOLE | N/A | 745946 | 0 | 0 |
| GRUPO FINANCIERO GALICIA S.A | SPONSORED ADR | 399909100 |  | 413400 | 15000 | SH |  | SOLE | N/A | 15000 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 4059000 | 165000 | SH |  | SOLE | N/A | 165000 | 0 | 0 |
| HERON THERAPEUTICS INC | COM | 427746102 |  | 1263120 | 1002476 | SH |  | SOLE | N/A | 1002476 | 0 | 0 |
| I-80 GOLD CORP | *W EXP 11/16/202 | 44955L155 |  | 4500000 | 10000000 | SH |  | SOLE | N/A | 10000000 | 0 | 0 |
| I-80 GOLD CORP | COM | 44955L106 |  | 8066175 | 8442468 | SH |  | SOLE | N/A | 8442468 | 0 | 0 |
| INOGEN INC | COM | 45780L104 |  | 1497087 | 183242 | SH |  | SOLE | N/A | 183242 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 87053650 | 145000 | SH | Put | SOLE | N/A | 145000 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 52700000 | 1700000 | SH | Call | SOLE | N/A | 1700000 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 101688000 | 2400000 | SH | Call | SOLE | N/A | 2400000 | 0 | 0 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 3498000 | 100000 | SH |  | SOLE | N/A | 100000 | 0 | 0 |
| LEXICON PHARMACEUTICALS INC | COM NEW | 528872302 |  | 472500 | 350000 | SH |  | SOLE | N/A | 350000 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 12277170 | 69000 | SH |  | SOLE | N/A | 69000 | 0 | 0 |
| MARAVAI LIFESCIENCES HLDGS I | COM CL A | 56600D107 |  | 10493687 | 3656337 | SH |  | SOLE | N/A | 3656337 | 0 | 0 |
| MEREO BIOPHARMA GROUP PLC | SPON ADS | 589492107 |  | 1948585 | 945915 | SH |  | SOLE | N/A | 945915 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 41436000 | 80000 | SH | Put | SOLE | N/A | 80000 | 0 | 0 |
| NKARTA INC | COM | 65487U108 |  | 4079784 | 1970910 | SH |  | SOLE | N/A | 1970910 | 0 | 0 |
| NOBLE CORP PLC | ORD SHS A | G65431127 |  | 2262400 | 80000 | SH |  | SOLE | N/A | 80000 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 4968750 | 375000 | SH |  | SOLE | N/A | 375000 | 0 | 0 |
| NOVAVAX INC | COM NEW | 670002401 |  | 3468000 | 400000 | SH |  | SOLE | N/A | 400000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 27054100 | 145000 | SH | Put | SOLE | N/A | 145000 | 0 | 0 |
| ORTHOFIX MED INC | COM | 68752M108 |  | 849984 | 58059 | SH |  | SOLE | N/A | 58059 | 0 | 0 |
| PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 |  | 804100 | 42500 | SH |  | SOLE | N/A | 42500 | 0 | 0 |
| PATTERSON-UTI ENERGY INC | COM | 703481101 |  | 16095881 | 3107313 | SH |  | SOLE | N/A | 3107313 | 0 | 0 |
| PERPETUA RESOURCES CORP | COM | 714266103 |  | 5467137 | 270249 | SH |  | SOLE | N/A | 270249 | 0 | 0 |
| PERRIGO CO PLC | SHS | G97822103 |  | 3897250 | 175000 | SH |  | SOLE | N/A | 175000 | 0 | 0 |
| PLIANT THERAPEUTICS INC | COM | 729139105 |  | 1217586 | 822693 | SH |  | SOLE | N/A | 822693 | 0 | 0 |
| PROQR THRAPEUTICS N V | SHS EURO | N71542109 |  | 979800 | 460000 | SH |  | SOLE | N/A | 460000 | 0 | 0 |
| PROTHENA CORP PLC | SHS | G72800108 |  | 683200 | 70000 | SH |  | SOLE | N/A | 70000 | 0 | 0 |
| Q32 BIO INC | COM | 746964105 |  | 616051 | 311137 | SH |  | SOLE | N/A | 311137 | 0 | 0 |
| QUIDELORTHO CORP | COM | 219798105 |  | 2582765 | 87700 | SH |  | SOLE | N/A | 87700 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 |  | 442859 | 40592 | SH |  | SOLE | N/A | 40592 | 0 | 0 |
| ROCKET PHARMACEUTICALS INC | COM | 77313F106 |  | 9428771 | 2892261 | SH |  | SOLE | N/A | 2892261 | 0 | 0 |
| RUMBLE INC | COM CL A | 78137L105 |  | 724000 | 100000 | SH |  | SOLE | N/A | 100000 | 0 | 0 |
| SEADRILL LTD | COM | G7997W102 |  | 8037280 | 266047 | SH |  | SOLE | N/A | 266047 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 14125755 | 101500 | SH | Put | SOLE | N/A | 101500 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 899343000 | 1350000 | SH | Put | SOLE | N/A | 1350000 | 0 | 0 |
| STELLANTIS N.V | SHS | N82405106 |  | 5454740 | 591132 | SH |  | SOLE | N/A | 591132 | 0 | 0 |
| TALOS ENERGY INC | COM | 87484T108 |  | 1054900 | 110000 | SH |  | SOLE | N/A | 110000 | 0 | 0 |
| TELADOC HEALTH INC | COM | 87918A105 |  | 5836150 | 755000 | SH |  | SOLE | N/A | 755000 | 0 | 0 |
| TELECOM ARGENTINA SA | SPON ADR REP B | 879273209 |  | 872400 | 120000 | SH |  | SOLE | N/A | 120000 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 |  | 1010000 | 50000 | SH |  | SOLE | N/A | 50000 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 291662 | 5469 | SH |  | SOLE | N/A | 5469 | 0 | 0 |
| TVARDI THERAPEUTICS INC | COM | 140755307 |  | 529602 | 13590 | SH |  | SOLE | N/A | 13590 | 0 | 0 |
| UNIQURE NV | SHS | N90064101 |  | 2329722 | 39913 | SH |  | SOLE | N/A | 39913 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 15475500 | 1425000 | SH |  | SOLE | N/A | 1425000 | 0 | 0 |
| VANDA PHARMACEUTICALS INC | COM | 921659108 |  | 1236547 | 247805 | SH |  | SOLE | N/A | 247805 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 34267800 | 105000 | SH | Put | SOLE | N/A | 105000 | 0 | 0 |
| VENTYX BIOSCIENCES INC | COM | 92332V107 |  | 701625 | 225603 | SH |  | SOLE | N/A | 225603 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 23038914 | 2327163 | SH |  | SOLE | N/A | 2327163 | 0 | 0 |
| WEATHERFORD INTL PLC | ORD SHS | G48833118 |  | 992235 | 14500 | SH |  | SOLE | N/A | 14500 | 0 | 0 |
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 |  | 485800 | 20000 | SH |  | SOLE | N/A | 20000 | 0 | 0 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 |  | 3300000 | 40000 | SH |  | SOLE | N/A | 40000 | 0 | 0 |

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