# EDGAR Filing Document

**Accession Number:** 0001588959
**File Stem:** 0001214659-26-006446
**Filing Date:** 2026-5
**Character Count:** 13606
**Document Hash:** 196d492ae0d89a9ceeee06f675f906bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001214659-26-006446.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001214659-26-006446

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Black Maple Capital Management LP
- **CENTRAL INDEX KEY:** 0001588959

**ORGANIZATION NAME:**
- **EIN:** 463083949
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17355
- **FILM NUMBER:** 26986765

**BUSINESS ADDRESS:**
- **STREET 1:** 833 E MICHIGAN STREET
- **STREET 2:** SUITE 750
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-294-7777

**MAIL ADDRESS:**
- **STREET 1:** 833 E MICHIGAN STREET
- **STREET 2:** SUITE 750
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** Black Maple Capital Management LP<br>**Address:** 833 E MICHIGAN STREET<br>SUITE 750<br>MILWAUKEE, WI 53202

**Form 13F File Number:** 028-17355

**CRD Number (if applicable):** 000168385

**SEC File Number (if applicable):** 801-78645

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:** Benjamin Evers<br>**Title:** Chief Compliance Officer<br>**Phone:** 414-294-7777

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

/s/ Benjamin Evers  Milwaukee, WI  05-15-2026<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:** 98

**Form 13F Information Table Value Total:** $179489633

      (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 |
| 1ST FINL BANCORP | COM | 320209109 |  | 238541 | 8556 | SH |  | SOLE |  | 8556 | 0 | 0 |
| ADVANCED FLOWER CAP INC | COM | 00109K105 |  | 312772 | 110912 | SH |  | SOLE |  | 110912 | 0 | 0 |
| ADVISORSHARES TR | PURE US CANNABIS | 00768Y453 |  | 230750 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 1014900 | 5000 | SH | Call | SOLE |  | 5000 | 0 | 0 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 6348228 | 172600 | SH |  | SOLE |  | 172600 | 0 | 0 |
| ALERUS FINL CORP | COM | 01446U103 |  | 468438 | 19757 | SH |  | SOLE |  | 19757 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1006460 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 670629 | 3220 | SH |  | SOLE |  | 3220 | 0 | 0 |
| BANC OF CALIFORNIA INC | COM | 05990K106 |  | 4388337 | 249621 | SH |  | SOLE |  | 249621 | 0 | 0 |
| BANC OF CALIFORNIA INC | COM | 05990K106 |  | 156462 | 8900 | SH | Call | SOLE |  | 8900 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 4722461 | 96871 | SH |  | SOLE |  | 96871 | 0 | 0 |
| BITFARMS LTD | COM | 09173B107 |  | 64350 | 33000 | SH |  | SOLE |  | 33000 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 710325 | 2295 | SH |  | SOLE |  | 2295 | 0 | 0 |
| BURFORD CAPITAL LIMITED | ORD SHS | G17977110 |  | 174752 | 38662 | SH |  | SOLE |  | 38662 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 2353347 | 12900 | SH |  | SOLE |  | 12900 | 0 | 0 |
| CHICAGO ATLANTIC BDC INC | COM | 828174102 |  | 1222793 | 130920 | SH |  | SOLE |  | 130920 | 0 | 0 |
| COMMUNITY HEALTHCARE TR INC | COM | 20369C106 |  | 353680 | 22258 | SH |  | SOLE |  | 22258 | 0 | 0 |
| COMSTOCK INC | COM SHS | 205750409 |  | 991659 | 325134 | SH |  | SOLE |  | 325134 | 0 | 0 |
| DOUBLEDOWN INTERACTIVE CO LT | ADS | 25862B109 |  | 1366940 | 161768 | SH |  | SOLE |  | 161768 | 0 | 0 |
| DUOS TECHNOLOGIES GROUP INC | COM | 266042407 |  | 437030 | 63707 | SH |  | SOLE |  | 63707 | 0 | 0 |
| ELME COMMUNITIES | SH BEN INT | 939653101 |  | 541327 | 269317 | SH |  | SOLE |  | 269317 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 7508732 | 68398 | SH |  | SOLE |  | 68398 | 0 | 0 |
| FINWARD BANCORP | COM | 31812F109 |  | 532811 | 14678 | SH |  | SOLE |  | 14678 | 0 | 0 |
| FIRST BUSEY CORP | COM NEW | 319383204 |  | 388122 | 15359 | SH |  | SOLE |  | 15359 | 0 | 0 |
| FIRSTSUN CAP BANCORP | COM | 33767U107 |  | 304076 | 8340 | SH |  | SOLE |  | 8340 | 0 | 0 |
| FVCBANKCORP INC | COM | 36120Q101 |  | 290888 | 19150 | SH |  | SOLE |  | 19150 | 0 | 0 |
| GOLDMAN SACHS BDC INC | SHS | 38147U107 |  | 222000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 410750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 6223316 | 397656 | SH |  | SOLE |  | 397656 | 0 | 0 |
| INFINITY NAT RES INC | COM CL A | 456941103 |  | 540785 | 30709 | SH |  | SOLE |  | 30709 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 6534876 | 34050 | SH |  | SOLE |  | 34050 | 0 | 0 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 87065 | 5500 | SH | Put | SOLE |  | 5500 | 0 | 0 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 205790 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| ISHARES INC | MSCI SPAIN ETF | 464286764 |  | 325860 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| ISHARES INC | MSCI JAPAN ETF | 46434G822 |  | 1744446 | 20659 | SH |  | SOLE |  | 20659 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 1845150 | 15000 | SH | Put | SOLE |  | 15000 | 0 | 0 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 2214180 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 3978000 | 50000 | SH | Put | SOLE |  | 50000 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 789800 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 262800 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 950852 | 20300 | SH |  | SOLE |  | 20300 | 0 | 0 |
| ISHARES TR | MSCI UK ETF NEW | 46435G334 |  | 2547260 | 55910 | SH |  | SOLE |  | 55910 | 0 | 0 |
| ISHARES TR | IBONDS 27 TRM TS | 46436E841 |  | 448600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ISHARES TR | IBONDS 28 TRM TS | 46436E833 |  | 518080 | 23250 | SH |  | SOLE |  | 23250 | 0 | 0 |
| ISHARES TR | IBONDS 29 TRM TS | 46436E825 |  | 382252 | 17500 | SH |  | SOLE |  | 17500 | 0 | 0 |
| KRANESHARES TRUST | CALIFORNIA CARB | 500767553 |  | 2082462 | 140517 | SH |  | SOLE |  | 140517 | 0 | 0 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 |  | 312730 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 |  | 157440 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| LENSAR INC | COM | 52634L108 |  | 330011 | 55371 | SH |  | SOLE |  | 55371 | 0 | 0 |
| LITHIUM ARGENTINA AG | COM SHS | H5012F103 |  | 134876 | 20191 | SH |  | SOLE |  | 20191 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 771400 | 58000 | SH |  | SOLE |  | 58000 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 628968 | 6350 | SH |  | SOLE |  | 6350 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 114426 | 200 | SH | Put | SOLE |  | 200 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1270129 | 2220 | SH |  | SOLE |  | 2220 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 70946 | 210 | SH |  | SOLE |  | 210 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 844600 | 2500 | SH | Call | SOLE |  | 2500 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 2630428 | 7106 | SH |  | SOLE |  | 7106 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 2406105 | 6500 | SH | Put | SOLE |  | 6500 | 0 | 0 |
| MORGAN STANLEY DIRECT LENDIN | COM SHS | 61774A103 |  | 139600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| NEXGEN ENERGY LTD | COM | 65340P106 |  | 580000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| OAKTREE SPECIALTY LENDING | COM | 67401P405 |  | 113000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| OLD SECOND BANCORP INC DEL | COM | 680277100 |  | 790756 | 39224 | SH |  | SOLE |  | 39224 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1471100 | 10000 | SH | Put | SOLE |  | 10000 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1522588 | 10350 | SH |  | SOLE |  | 10350 | 0 | 0 |
| PINNACLE FINL PARTNERS INC | COM | 72348N109 |  | 7369191 | 85549 | SH |  | SOLE |  | 85549 | 0 | 0 |
| POET TECHNOLOGIES INC | COM NEW | 73044W302 |  | 270270 | 45500 | SH |  | SOLE |  | 45500 | 0 | 0 |
| PRINCETON BANCORP INC | COM | 74179A107 |  | 240375 | 7118 | SH |  | SOLE |  | 7118 | 0 | 0 |
| RAYONIER INC | COM | 754907103 |  | 412400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| SECURITY NATL FINL CORP | CL A NEW | 814785309 |  | 107228 | 11311 | SH |  | SOLE |  | 11311 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 1727950 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 600708 | 4520 | SH |  | SOLE |  | 4520 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET COM | 81369Y852 |  | 1216134 | 10970 | SH |  | SOLE |  | 10970 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 1727950 | 35000 | SH | Put | SOLE |  | 35000 | 0 | 0 |
| SIGMA LITHIUM CORPORATION | COM | 826599102 |  | 176289 | 14286 | SH |  | SOLE |  | 14286 | 0 | 0 |
| SITE CTRS CORP | COM | 82981J851 |  | 81000 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 430290 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X202 |  | 1974144 | 31800 | SH |  | SOLE |  | 31800 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A755 |  | 648060 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A698 |  | 521200 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A888 |  | 987200 | 10000 | SH | Call | SOLE |  | 10000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A755 |  | 648060 | 6000 | SH | Put | SOLE |  | 6000 | 0 | 0 |
| STAR HLDGS | SHS BEN INT | 85512G106 |  | 310143 | 40970 | SH |  | SOLE |  | 40970 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 26978705 | 41484 | SH |  | SOLE |  | 41484 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 650340 | 1000 | SH | Call | SOLE |  | 1000 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 31021218 | 47700 | SH | Put | SOLE |  | 47700 | 0 | 0 |
| STATE STR SPDR S MIDCAP 40 | UTSER1 S | 78467Y107 |  | 925140 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| STATE STR SPDR S MIDCAP 40 | UTSER1 S | 78467Y107 |  | 616760 | 1000 | SH | Put | SOLE |  | 1000 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 2142630 | 31500 | SH |  | SOLE |  | 31500 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 291824 | 785 | SH |  | SOLE |  | 785 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 359650 | 5000 | SH | Call | SOLE |  | 5000 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 3747553 | 52100 | SH |  | SOLE |  | 52100 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 416080 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 766800 | 2000 | SH | Put | SOLE |  | 2000 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 688275 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 766800 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 596505 | 6500 | SH | Put | SOLE |  | 6500 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 676685 | 8500 | SH |  | SOLE |  | 8500 | 0 | 0 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 |  | 5993839 | 84599 | SH |  | SOLE |  | 84599 | 0 | 0 |

---