<SEC-DOCUMENT>0001420506-24-002125.txt : 20241017
<SEC-HEADER>0001420506-24-002125.hdr.sgml : 20241017
<ACCEPTANCE-DATETIME>20241017151030
ACCESSION NUMBER:		0001420506-24-002125
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20241017

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lionheart Holdings
		CENTRAL INDEX KEY:			0002015955
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				981778167
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-94541
		FILM NUMBER:		241377390

	BUSINESS ADDRESS:	
		STREET 1:		200 W. CYPRESS CREEK ROAD
		STREET 2:		SUITE 500
		CITY:			FORT LAUDERDATE
		STATE:			FL
		ZIP:			33309
		BUSINESS PHONE:		3055733900

	MAIL ADDRESS:	
		STREET 1:		200 W. CYPRESS CREEK ROAD
		STREET 2:		SUITE 500
		CITY:			FORT LAUDERDATE
		STATE:			FL
		ZIP:			33309

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PICTON MAHONEY ASSET MANAGEMENT
		CENTRAL INDEX KEY:			0001539041
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		33 YONGE STREET, SUITE 320
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5E 1G4
		BUSINESS PHONE:		416-955-4108

	MAIL ADDRESS:	
		STREET 1:		33 YONGE STREET, SUITE 320
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5E 1G4
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><!-- EDGARfilingagent.com Schedule 13D/G Online Workstation (https://schedule13d.com) --><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
	<submissionType>SCHEDULE 13G</submissionType>
	<filerInfo>
		<filer>
			<filerCredentials>
				<cik>0001539041</cik>
				<ccc>XXXXXXXX</ccc>
			</filerCredentials>
		</filer>
		<liveTestFlag>LIVE</liveTestFlag>



	</filerInfo>
</headerData>
<!-- Start Form -->
  <formData>
<!-- Issuer Cover Page-->
    <coverPageHeader>
      <securitiesClassTitle>Class A Ordinary Shares</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>09/30/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0002015955</issuerCik>
        <issuerName>Lionheart Holdings</issuerName>
        <issuerCusip>G5501C109</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>4218 NE 2nd Avenue</com:street1>
          <com:city>Miami</com:city>
          <com:stateOrCountry>FL</com:stateOrCountry>
          <com:zipCode>33137</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
<!-- Reporting Persons Cover Page -->
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Picton Mahoney Asset Management</reportingPersonName>
      <citizenshipOrOrganization>Z4</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1500000</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>1500000</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1500000</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>6.52</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
      <comments>The percentages used herein are calculated based upon 23,000,000 Class A ordinary shares outstanding as of August 12, 2024, as disclosed in the company's 10-Q filed August 12, 2024. </comments>
    </coverPageHeaderReportingPersonDetails>
<!-- Items -->
    <items>
      <item1>
        <issuerName>Lionheart Holdings</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>4218 NE 2nd Avenue, Miami, FL  33137</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Picton Mahoney Asset Management</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>33 Yonge Street, #320, Toronto, ON M5E 1G4</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Canada</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
      <typeOfPersonFiling>FI</typeOfPersonFiling>
      <otherTypeOfPersonFiling>Investment Fund Manager</otherTypeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>1,500,000</amountBeneficiallyOwned>
        <classPercent>6.52%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>1,500,000</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>1,500,000</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
        <classOwnership5PercentOrLess>N</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Investment Fund Manager is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.</certifications>
      </item10>
    </items>
	<!-- Exhibit Information -->
	<!-- Signature -->
    <signatureInformation>
      <reportingPersonName>Picton Mahoney Asset Management</reportingPersonName>
      <signatureDetails>
        <signature>Catrina Duong</signature>
        <title>Chief Compliance Officer</title>
        <date>10/16/2024</date>
      </signatureDetails>
    </signatureInformation>
	</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
