Atlas Merchant Capital LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), Atlas Merchant Capital LLC reported 33 stock positions worth $64.4 million. Its top holding was iShares 3-7 Year Treasury Bo (IEI) at 18.8% of the portfolio, followed by Hennessy Capital Invest Class A (HCVI, 8.9%) and Focus Impact Acquisition Cor (8.5%). Compared with Q2 2024, it opened 7 new positions, sold out of 21, added to 1 and reduced 1. The biggest buy was a new position in iShares 3-7 Year Treasury Bo (IEI) and the biggest sale an exit from Churchill Capital Corp. Vii-A (CVII).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001945789
Portfolio Value
$64.4M (Q3 2024)
SEC Filing
0000950142-24-002686 ↗ filed Nov 7, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $238.6M Q1 2024 Q2 2024: $195.2M Q2 2024 Q3 2024: $64.4M $64.4M Q3 2024 Q4 2024: $42.1M Q4 2024 Q1 2025: $38.6M Q1 2025 Q2 2025: $332.5M Q2 2025 Q3 2025: $226.1M Q3 2025 Q4 2025: $55K Q4 2025 Q1 2026: $789K Q1 2026 Q2 2026: $585K Q2 2026

Holdings 33 stocks · $64.4M
IEI iShares 3-7 Year Treasury Bo 18.80% 101,250 $12.1M New
HCVI Hennessy Capital Invest Class A 8.94% 500,000 $5.8M No change
FOCUS IMPACT ACQUISITION COR 8.46% 500,000 $5.5M No change
CDAQF Compass Digital Acquisition 8.42% 500,000 $5.4M No change
FLD Fold Holdings Inc. filed as FTAC EMERALD ACQUISITION COR 8.41% 500,000 $5.4M No change
GLLI Globalink Investment Inc. 6.51% 369,565 $4.2M No change
PRLH Pearl Holdings Acquisition-A 4.36% 250,000 $2.8M No change
BURTECH ACQUISITION CORP 4.18% 238,485 $2.7M No change
SVIIF Spring Valley Acquisition-A 3.49% 200,000 $2.2M No change
WELSBACH TECH METALS ACQU CO 3.46% 200,000 $2.2M No change
COCH Envoy Medical Inc. 2.80% 555,527 $1.8M No change
BLEUACACIA LTD 2.56% 149,896 $1.6M No change
CZR Caesars Entertainment Inc. 2.27% 35,000 $1.5M Add +40.0%
ISRLF Israel Acquisitions Corp. Class A 2.17% 125,000 $1.4M No change
KACLF Kairous Acquisition Corp. Ltd. 1.90% 100,000 $1.2M No change
LPA Logistic Properties of the A 1.67% 112,500 $1.1M No change
COLOMBIER ACQUISITION CORP 1.59% 100,000 $1.0M No change
RFAI RF Acquisition Corp. II 1.57% 100,000 $1.0M No change
CHGG Chegg Inc. 1.37% 500,000 $885K New
MGNI Magnite Inc. 1.07% 50,000 $693K New
TH Target Hospitality Corp. 0.91% 75,000 $584K Reduce -50.0%
VSAC Vision Sensing Acquisition-A 0.90% 50,000 $581K No change
BOWN Bowen Acquisition Corp. 0.83% 50,000 $538K No change
TMTC TMT Acquisition Corp. Class A 0.61% 35,000 $394K No change
JVSA Jvspac Acquisition Corp. Class A 0.40% 25,000 $259K New
UCFI CN Healthy Food Tech Group C filed as IRON HORSE ACQUISITIONS CORP 0.40% 25,000 $255K No change
TGAAF Target Global Acquisition -A 0.37% 21,110 $238K No change
PITEF Heramba Electric PLC 0.36% 138,000 $235K New
URBAN ONE INC 0.34% 200,000 $222K New
AITR AI Transportation Acquisitio 0.33% 20,000 $210K No change
BRAND ENGAGEMENT NETWORK INC 0.28% 175,000 $182K No change
STARDUST PWR INC 0.21% 17,000 $138K New
QT IMAGING HLDGS INC 0.05% 45,000 $32K No change

Options reported separately and not counted above: HYG puts ($32.1M).

Other holdings (14): bonds, preferreds, convertibles and warrants · $9.8M (not counted above)
SecurityClassShares / PrincipalValueChange
CHEGG INC (CHGG 0 09/01/26) NOTE 9/0 · principal 10,876,000$8.3MNew
HERBALIFE LTD (HLF 4.25 06/15/28) NOTE 4.250% 6/1 · principal 2,000,000$1.5MNew
TMTCR TMT Acquisition Corp.-RT RIGHT 03/27/2028 35,000$10KNo change
ECD AUTOMOTIVE DESIGN INC *W EXP 12/12/202 450,000$9KNo change
BOWNR Bowen Acquisition Corp.-RTS RIGHT 99/99/9999 40,809$8KNo change
RFAIR RF Acquisition Corp. II RIGHT 05/01/2026 100,000$7KNo change
JVSAR Jvspac Acquisition Corp.-RTS RIGHT 11/26/2026 25,000$7KNew
SVUWF Srivaru Holding Ltd.-28 *W EXP 12/08/202 440,901$7KNo change
GLSTR Global Star Acquisition-RTS RIGHT 99/99/9999 50,000$7KNo change
IROHR Iron Horse Acquisitions Righ RIGHT 99/99/9999 25,000$4KNo change
AITRR AI Transportation Acquis-RTS RIGHT 09/01/2028 20,000$3KNo change
ECXWW Ecarx Holdings Inc. Class A-27 *W EXP 99/99/999 125,000$3KNo change
GLSTW Global Star Acquisition-27 A *W EXP 07/15/202 50,000$1KNo change
UCFIW Iron Horse Acquisition Co.-29 *W EXP 09/30/203 25,000$750No change

Total filed on the 13F, all lines: $74.3M.

Portfolio Sells Q2 2024 → Q3 2024
CVII Churchill Capital Corp. Vii-A Sold out 0.00% −34.53
SLAMF Slam Corp. Class A Sold out 0.00% −8.01
TRTLF Tortoiseecofin Acquisition-A Sold out 0.00% −6.52
PEGR Project Energy Reimagined Ac Sold out 0.00% −4.21
BITE Bite Acquisition Corp. Sold out 0.00% −3.32
RRACF Rigel Resource Acquisit Class A Sold out 0.00% −2.90
TRIS Tristar Acquisition I Corp. Class A Sold out 0.00% −2.29
SKGR SK Growth Opportunities Co. Class A Sold out 0.00% −2.08
ALSAF Alpha Star Acquisition Corp. Sold out 0.00% −1.91
CLOE Clover Leaf Capital Corp. Class A Sold out 0.00% −1.55
EVCO Everest Consolidator Acquisi Sold out 0.00% −1.44
CSLMF CSLM Acquisition Corp. Sold out 0.00% −1.44
GLOBAL PARTNER ACQISTN CORP Sold out 0.00% −1.19
PFTA Portage Fintech Acquisitio-A Sold out 0.00% −1.11
EMCGF Embrace Change Acquisition C Sold out 0.00% −0.83
AFAR Aura Fat Projects Acqui Class A Sold out 0.00% −0.76
TCOA Zalatoris Acquisition Corp. Sold out 0.00% −0.46
URBAN ONE INC Sold out 0.00% −0.20
JVSAU Jvspac Acquisition Corp. Sold out 0.00% −0.13
SPWR Sunpower Inc. Sold out 0.00% −0.03
BANZAI INTERNATIONAL INC Sold out 0.00% −0.00
TH Target Hospitality Corp. Reduce -50.0% 0.91% +0.24

Portfolio Buys Q2 2024 → Q3 2024
IEI iShares 3-7 Year Treasury Bo New 18.80% +18.80
CZR Caesars Entertainment Inc. Add +40.0% 2.27% +1.76
CHGG Chegg Inc. New 1.37% +1.37
MGNI Magnite Inc. New 1.07% +1.07
JVSA Jvspac Acquisition Corp. Class A New 0.40% +0.40
PITEF Heramba Electric PLC New 0.36% +0.36
URBAN ONE INC New 0.34% +0.34
STARDUST PWR INC New 0.21% +0.21

Options Activity Q2 2024 → Q3 2024
HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Reduce -60.0% 400,000 $32.1M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2024 → Q3 2024
CHEGG INC (CHGG 0 09/01/26) NOTE 9/0 · principal New 10,876,000 $8.3M
HERBALIFE LTD (HLF 4.25 06/15/28) NOTE 4.250% 6/1 · principal New 2,000,000 $1.5M
JVSAR Jvspac Acquisition Corp.-RTS RIGHT 11/26/2026 New 25,000 $7K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1$585KEMAT
Q1 2026 1$789KEMAT
Q4 2025 2$55KBNAI, CID HOLDCO INC
Q3 2025 7$226.1MCRCL, BULL, COCH, CID HOLDCO INC, LPA
Q2 2025Amended 11$332.5MCRCL, NAMM, BULL, COCH, CID HOLDCO INC
Q1 2025 15$38.6MIEI, HCVI, FLD, LPA, MGNI
Q4 2024 18$42.1MIEI, HCVI, WELSBACH TECH METALS ACQU CO, ISRLF, MGNI
Q3 2024 33$64.4MIEI, HCVI, FOCUS IMPACT ACQUISITION COR, CDAQF, FLD
Q2 2024 47$195.2MCVII, SLAMF, TRTLF, PEGR, BITE
Q1 2024 60$238.6MCVII, SLAMF, TRTLF, SCRM, PEGR