Bulldog Investors, LLP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), Bulldog Investors, LLP reported 146 stock positions worth $443.1 million. Its top holding was SRH Total Return Fund (STEW) at 5.0% of the portfolio, followed by BNYM Strat Muni BND (DSM, 4.6%) and Central Securities (CET, 4.4%). Compared with Q4 2025, it opened 40 new positions, sold out of 40, added to 33 and reduced 40. The biggest buy was Texas Pacific Land (TPL, shares +1%) and the biggest sale an exit from Oxford Lane Capital (OXLC).
- Most Recent 13F
- Q2 2026
- Location
- SADDLE BROOK, NJ
- CIK
- 0001504304
- Portfolio Value
- $443.1M (Q1 2026)
- SEC Filing
- 0001398344-26-008719 ↗ filed May 8, 2026
Holdings Value
Holdings 146 stocks · $443.1M
| STEW SRH Total Return Fund Inc. | 4.97% | 1,287,582 | $22.0M | Add +3.5% |
| DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD | 4.58% | 3,373,942 | $20.3M | Add +2.0% |
| CET Central Securities Corp. | 4.44% | 396,467 | $19.7M | Add +1.4% |
| GAM General American Investors | 3.91% | 296,450 | $17.3M | Reduce -0.2% |
| TPL Texas Pacific Land Corp. | 3.43% | 32,000 | $15.2M | Add +0.9% |
| NBXG Neuberger Next Generation Co. | 3.40% | 1,169,731 | $15.1M | Add +0.1% |
| TRC Tejon Ranch Co. | 3.37% | 792,535 | $14.9M | Add +0.1% |
| XCMUX MFS High Yield Municipal TR | 2.85% | 3,531,732 | $12.6M | Reduce -1.7% |
| CION Cion Investment Corp. | 2.37% | 1,538,071 | $10.5M | No change |
| LEO BNY Mellon Strategic Muni | 2.24% | 1,576,371 | $9.9M | Add +6.5% |
| CXH MFS Investment Grade Muni | 2.14% | 1,184,498 | $9.5M | Reduce -1.4% |
| OTF Blue Owl Technology Finance | 1.89% | 675,861 | $8.4M | Add +9.7% |
| RWAY Runway Growth Finance Corp. | 1.86% | 1,200,129 | $8.2M | Reduce -0.1% |
| XGDVX Gabelli Dividend & Income TR | 1.82% | 299,891 | $8.1M | Reduce -0.2% |
| VLGEA Village Super Market Class A | 1.63% | 170,515 | $7.2M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 1.62% | 10 | $7.2M | Add +233.3% |
| ALX Alexander's Inc. | 1.49% | 28,000 | $6.6M | No change |
| IHD Voya Emrg MRKT Hi DVD Eqty | 1.48% | 982,438 | $6.5M | Add +9.1% |
| BPRE Bluerock Private Real Estate | 1.40% | 373,019 | $6.2M | Add +53.8% |
| HEQ John Hancock Divers Inc. Fund | 1.37% | 558,291 | $6.1M | Add +46.2% |
| CCAP Crescent Capital BDC Inc. | 1.25% | 456,955 | $5.6M | Reduce -0.1% |
| DMB BNY Mellon Muni BND Infra | 1.24% | 520,749 | $5.5M | Add +30.1% |
| GF The New Germany Fund Inc. | 1.23% | 532,074 | $5.4M | Add +6.2% |
| FSK FS KKR Capital Corp. | 1.16% | 505,688 | $5.1M | Add +4.0% |
| NWFL Norwood Financial Corp. | 1.13% | 170,000 | $5.0M | Add +165.0% |
| CB Chubb Ltd. | 1.03% | 14,000 | $4.6M | No change |
| MRCC Monroe Capital Corp. | 1.00% | 966,788 | $4.4M | Add +1.3% |
| JACS Jackson Acquisition Co. Class A | 0.98% | 408,760 | $4.3M | Reduce -0.3% |
| ELME Elme Communities | 0.91% | 2,000,000 | $4.0M | New |
| OBDC Blue Owl Capital Corp. | 0.84% | 338,369 | $3.7M | Add +42.0% |
| ALOVU Aldabra 4 Liquidity Opportun | 0.83% | 368,046 | $3.7M | New |
| KCAC.U Kensington Capital Acquisiti | 0.80% | 351,020 | $3.5M | New |
| GLO Clough Global Opportunities | 0.78% | 619,001 | $3.4M | Add +7.9% |
| CNNE Cannae Holdings Inc. | 0.78% | 302,052 | $3.4M | Reduce -33.8% |
| GDL GDL Fund | 0.77% | 409,748 | $3.4M | Reduce -0.0% |
| OYSE Oyster Enterprises II Acq-A | 0.74% | 324,436 | $3.3M | Reduce -0.8% |
| WLIIU Willow Lane Acquisition Corp. | 0.74% | 323,460 | $3.3M | New |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | 0.73% | 441,260 | $3.3M | Add +3.9% |
| DYOR Insight Digital Partners I-A | 0.73% | 323,088 | $3.2M | Reduce -3.2% |
| XFLT Xai Fltng Rte&alt Inc. TRS-Ui filed as XAI OCTAGN FLT RAT & ALT INM | 0.72% | 186,930 | $3.2M | Add +83.8% |
| BEAG Bold Eagle Acquisition Cor-A | 0.72% | 301,986 | $3.2M | Reduce -0.3% |
| BCSS Bain Capital GSS Inv- A | 0.70% | 308,241 | $3.1M | Add +3.9% |
| HCICU Hennessy Capital Investment | 0.65% | 289,845 | $2.9M | New |
| NCDL Nuveen Churchill Direct Lend | 0.65% | 224,822 | $2.9M | Add +29.6% |
| BCIC BCP Investment Corp. | 0.64% | 378,412 | $2.8M | No change |
| DSACU Daedalus Special Acquisition | 0.64% | 281,901 | $2.8M | Add +4.4% |
| BBDC Barings BDC Inc. | 0.62% | 334,904 | $2.8M | Add +5.5% |
| LWAC Lightwave Acquisition Corp. Class A | 0.59% | 257,186 | $2.6M | Reduce -1.4% |
| CCAQ Collective Acquisition Corp. filed as DUNE ACQUISITION CORP II | 0.58% | 249,705 | $2.6M | Reduce -1.3% |
| ECF Ellsworth Growth and Income | 0.58% | 228,613 | $2.5M | Reduce -14.6% |
| DPG Duff & Phelps Utility & Inc. | 0.57% | 176,130 | $2.5M | New |
| MESHU Meshflow Acquisition Corp. | 0.57% | 253,272 | $2.5M | Reduce -12.4% |
| VNME Vendome Acquisition Corp. Class A | 0.54% | 237,392 | $2.4M | Add +12.3% |
| SPEG Silver Pegasus Acquisition-A | 0.54% | 235,959 | $2.4M | Add +19.4% |
| OIM Oneim Acquisition Class-A | 0.52% | 231,065 | $2.3M | New |
| WENN Wen Acquisition Corp. Class A | 0.50% | 218,562 | $2.2M | No change |
| HVMC Highview Merger Corp. Class A | 0.50% | 219,965 | $2.2M | Add +36.9% |
| PGR Progressive Corp. | 0.49% | 11,000 | $2.2M | Add +37.5% |
| SIMA Sim Acquisition Corp. I-A | 0.48% | 200,000 | $2.1M | Reduce -51.8% |
| FVAV Fortress Value Acquis V Class A | 0.48% | 210,841 | $2.1M | New |
| GFUZ General Fusion Group Ltd. filed as SPRING VY ACQUISITION CORP I | 0.48% | 207,313 | $2.1M | Reduce -5.3% |
| EIC Eagle Point Income Co.-USA Inc. | 0.46% | 217,600 | $2.1M | New |
| MEVO M Evo Global Acquisitio Class A filed as M EVO GBL ACQUISITION CORP I | 0.46% | 206,030 | $2.0M | New |
| XSSPX Nuveen S&P 500 Dynam Overwr | 0.45% | 125,415 | $2.0M | New |
| MKLY McKinley Acquisition Co. Class A | 0.45% | 200,000 | $2.0M | No change |
| NSTR Northstar Earth & Space Ente filed as VIKING ACQUISITION CORP I | 0.45% | 200,000 | $2.0M | No change |
| INAC Indigo Acquisition Corp. | 0.40% | 175,036 | $1.8M | Reduce -1.9% |
| TLNC Talon Capital Corp. Class A | 0.39% | 169,247 | $1.7M | Add +9.9% |
| EVAC Eqv Ventures Acquisition C-A | 0.38% | 166,545 | $1.7M | Reduce -0.6% |
| CXE MFS High Income Municipal TR | 0.38% | 449,633 | $1.7M | No change |
| IPFXU Inflection Point Acquisition | 0.36% | 157,500 | $1.6M | New |
| BBCQ Bleichroeder Acquis II Class A | 0.36% | 157,833 | $1.6M | New |
| GIW GIGCAPITAL8 Corp. Class A | 0.35% | 154,893 | $1.5M | Reduce -2.7% |
| TACH Titan Acquisition Corp. Class A | 0.35% | 150,000 | $1.5M | No change |
| HACQU HCM IV Acquisition Corp. | 0.34% | 150,000 | $1.5M | New |
| MEVOU M Evo Global Acquisition Cor filed as M EVO GBL ACQUISITION CORP I | 0.34% | 150,022 | $1.5M | New |
| BIII.U Black Spade Acquisition III | 0.34% | 150,000 | $1.5M | New |
| LEGO.U Legato Merger Corp. IV | 0.34% | 150,000 | $1.5M | New |
| FGIIU FG Imperii Acquisition Corp. | 0.34% | 150,000 | $1.5M | New |
| IPXGU Columbus Circle Capital Corp. | 0.34% | 149,900 | $1.5M | New |
| AIIA AI Infrastructure Ac-A | 0.32% | 139,485 | $1.4M | Reduce -59.6% |
| NXDT Nexpoint Diversified Real Es | 0.31% | 293,117 | $1.4M | Reduce 0.0% |
| MXE Mexico Equity and Income FD | 0.29% | 101,158 | $1.3M | No change |
| XGLQX Clough Global Equity Fund | 0.29% | 171,906 | $1.3M | Add +34.9% |
| SVIV Spring Valley Acquisitio-A | 0.29% | 129,860 | $1.3M | New |
| SCII SC II Acquisition Corp. Class A | 0.29% | 127,704 | $1.3M | Reduce -3.8% |
| DBCAU D Boral Acquisition I Corp. | 0.28% | 125,000 | $1.3M | New |
| JOF Japan Smaller Capitalization | 0.26% | 104,181 | $1.1M | Reduce -52.1% |
| TONT Graf Global Corp. Class A | 0.24% | 100,000 | $1.1M | Reduce -56.1% |
| TAVI Tavia Acquisition Corp. | 0.24% | 100,000 | $1.1M | Reduce -13.1% |
| RANG Range Capital Acquisition Co. | 0.24% | 100,000 | $1.1M | Reduce -30.4% |
| NHIC Newhold Investment Cor III-A | 0.23% | 100,000 | $1.0M | No change |
| COPL Copley Acquisition Corp. Class A | 0.23% | 100,000 | $1.0M | No change |
| EVOX Evolution Global Acquis Class A | 0.23% | 102,892 | $1.0M | Reduce -3.8% |
| CHPG Championsgate Acquisitio-A | 0.23% | 100,000 | $1.0M | No change |
| DMA Destra Multi-Alternative | 0.23% | 126,112 | $1.0M | Reduce -0.9% |
| CRAQ Cal Redwood Acquisit Class A | 0.23% | 100,000 | $1.0M | No change |
| FIGX Figx Capital Acquisition C-A | 0.23% | 100,090 | $1.0M | No change |
| MBVI M3-Brigade Acquisition Class A | 0.23% | 100,000 | $1.0M | No change |
| UAC.U United Acquisition Corp. I | 0.22% | 100,000 | $988K | New |
| GIXXU GIGCAPITAL9 Corp. | 0.22% | 98,395 | $986K | New |
| JENA Jena Acquisition Corp. II - A | 0.22% | 95,350 | $974K | Reduce -5.1% |
| ICMB Investcorp Credit Management | 0.22% | 596,780 | $967K | Add +7.7% |
| BBCQU Bleichroeder Acquisition Cor | 0.22% | 93,158 | $959K | New |
| SCPQU Social Commerce Partners Cor | 0.20% | 88,992 | $891K | No change |
| BCV Bancroft Fund Ltd. | 0.19% | 39,448 | $850K | No change |
| SVIVU Spring Valley Acquisition Co. | 0.17% | 75,030 | $762K | New |
| HHH Howard Hughes Holdings Inc. | 0.17% | 12,000 | $759K | No change |
| SAC.U Safeguard Acquisition Corp. | 0.17% | 74,804 | $756K | Reduce -52.5% |
| PFX Phenixfin Corp. | 0.17% | 19,218 | $751K | No change |
| BIXI Bitcoin Infrastructure Class A | 0.17% | 75,000 | $744K | No change |
| ILLUU Illumination Acquisition Cor | 0.17% | 75,000 | $744K | New |
| CCIF Carlyle Credit Income Fund | 0.16% | 219,660 | $705K | Reduce -34.9% |
| DHF BNYM High Yield Strategies filed as BNY MELLON HIGH YIELD STRATE | 0.16% | 286,989 | $700K | New |
| ARCIU Archimedes Tech Spac Partner | 0.15% | 67,500 | $674K | New |
| BDCI BTC Development Corp. Class A | 0.15% | 67,060 | $670K | New |
| MTAL.U Metals Acquisition Corp. II | 0.15% | 64,000 | $646K | New |
| CRAN Crane Harbor Acquisitio Class A | 0.14% | 60,685 | $601K | Reduce -4.9% |
| ALDF Aldel Financial II Inc. | 0.14% | 56,940 | $601K | No change |
| FERA Fifth Era Acquisition Corp. Class A | 0.12% | 50,953 | $524K | Reduce -29.6% |
| PAACU Proem Acquisition Corp. I | 0.11% | 50,000 | $499K | New |
| DNMX Dynamix Corp. III Class A | 0.11% | 50,000 | $496K | No change |
| ARTCU Art Technology Acquisition C | 0.11% | 50,000 | $495K | New |
| RDAG Republic Digital Acquis Class A | 0.11% | 47,364 | $485K | Reduce -1.3% |
| GYRO Gyrodyne LLC | 0.10% | 60,000 | $445K | No change |
| FMN Federated Herm Prem Muni Inc. | 0.08% | 34,182 | $374K | New |
| CEPS Cantor Equity Partners Vi -A | 0.08% | 35,000 | $354K | New |
| RNGT Range Capital Acquisit Class A | 0.08% | 35,105 | $351K | Reduce -5.2% |
| UTF Cohen & Steers Infrastructur | 0.06% | 10,744 | $278K | Reduce -89.4% |
| FCRS.U Futurecrest Acquisition Corp. | 0.06% | 25,000 | $255K | No change |
| QADRU Qdro Acquisition Corp. | 0.06% | 25,000 | $248K | New |
| PONOU Pono Capital Four Inc. | 0.06% | 24,757 | $247K | New |
| SWZ Total Return Securities Fund | 0.05% | 39,787 | $236K | Reduce -75.4% |
| CCII Cohen Circle Acquisit II - A | 0.05% | 21,246 | $217K | Reduce -15.0% |
| CAQUU Cambridge Acquisition Corp. | 0.05% | 21,562 | $215K | New |
| OFS Ofs Capital Corp. | 0.05% | 57,639 | $205K | No change |
| DSAC Daedalus Special Acquis Class A | 0.04% | 19,968 | $198K | New |
| MKLYU McKinley Acquisition Corp. | 0.04% | 16,921 | $171K | No change |
| OTGAU Otg Acquisition Corp. I | 0.04% | 15,250 | $155K | No change |
| MBVIU M3-Brigade Acquisition Vi Co. | 0.03% | 15,240 | $155K | No change |
| OACC Oaktree Acquisition Corp. I-A | 0.03% | 13,500 | $143K | No change |
| BLZRU Trailblazer Acquisition Corp. | 0.02% | 10,000 | $102K | No change |
| BHAVU Bhav Acquisition Corp. | 0.02% | 10,000 | $100K | New |
| BWIV.U Blue Water Acquisition Corp. filed as BLUE WTR ACQUISITION CORP IV | 0.02% | 10,000 | $99K | New |
| PCF High Income Securities Fund | 0.02% | 13,961 | $77K | Add +30.4% |
| HFRO Highland Opport & Income | 0.01% | 10,715 | $61K | No change |
Other holdings (70): bonds, preferreds, convertibles and warrants · $1.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 475,683 | $143K | Reduce -1.2% |
| HDRNW GIGCAPITAL7 Corp.-A - 29 | *W EXP 08/29/202 | 305,185 | $97K | No change |
| RANGR Range Capital Acquisition Co. | RIGHT 99/99/9999 | 254,688 | $76K | Reduce -2.6% |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | 338,516 | $72K | Reduce -0.3% |
| GFUZW Spring Valley Acq Co. -30 | *W EXP 09/04/203 | 63,913 | $66K | Reduce -12.4% |
| SPEGR Silver Pegasus Acquisition C | RIGHT 06/26/2030 | 235,959 | $60K | Add +19.4% |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | 329,495 | $59K | Reduce -1.3% |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 | 207,330 | $56K | Reduce -0.5% |
| CCAQW Dune Acquisition Corp. II -30 | *W EXP 04/04/203 | 187,794 | $54K | Reduce -1.0% |
| OYSER Oyster Enterprises II Acquis | RIGHT 05/22/2030 | 309,689 | $46K | Reduce -0.8% |
| DYORW Insight Digital Partners II | *W EXP 10/28/203 | 164,431 | $46K | Add +59.8% |
| FSHPR Flag Ship Acquisition Corp. | RIGHT 03/31/2026 | 275,000 | $41K | No change |
| GIWWR GIGCAPITAL8 Corp.-RTS | RIGHT 09/30/2030 | 157,316 | $39K | Reduce -1.2% |
| BCARW D Boral Arc Acquisition - 30 | *W EXP 07/23/203 | 65,795 | $39K | Reduce -52.1% |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | 134,134 | $39K | Reduce -21.5% |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | 86,299 | $35K | Reduce -33.6% |
| MEVOW M Evo Global Acq -31 | *W EXP 02/18/203 | 103,015 | $33K | New |
| HVMCW Highview Merger Corp. - 30 | *W EXP 07/24/203 | 109,980 | $31K | Add +36.9% |
| LWACW Lightwave Acquisition Corp. | *W EXP 06/06/203 | 128,593 | $31K | Reduce -1.4% |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 61,199 | $31K | Reduce -5.5% |
| VNMEW Vendome Acquisition Corp. I | *W EXP 07/03/202 | 118,733 | $30K | Add +12.3% |
| TLNCW Talon Capital Corp.-30 | *W EXP 08/27/203 | 56,414 | $28K | Add +9.9% |
| SZZLR Sizzle Acquisition Corp. -RTS | RIGHT 04/02/2030 | 164,334 | $27K | Reduce -2.0% |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | 235,042 | $27K | Reduce -0.3% |
| CAPNR Cayson Acquisition Corp. | RIGHT 99/99/9999 | 145,000 | $26K | Reduce -25.6% |
| SCIIR SC II Acquisition Corp.-RT | RIGHT 11/26/2030 | 127,704 | $26K | Reduce -3.8% |
| KOYNW CSLM Digital Asset Acquisiti | *W EXP 08/28/203 | 100,000 | $24K | No change |
| MKLYR McKinley Acquisition Corp. | RIGHT 07/25/2030 | 200,000 | $24K | No change |
| SVIVW Spring Valley Acquisition Co. | *W EXP 01/22/203 | 32,465 | $24K | New |
| VACHW Voyager Acquisition Corp. -CW | *W EXP 05/16/203 | 150,000 | $23K | Reduce -23.1% |
| NHICW Newhold Investment Corp. - 30 | *W EXP 01/30/203 | 50,000 | $22K | No change |
| BBCQW Bleichroeder Acquisition Cor | *W EXP 12/23/203 | 49,832 | $22K | New |
| CRAQR Cal Redwood Acquisition Corp. | RIGHT 05/15/2030 | 100,000 | $22K | No change |
| INACR Indigo Acquisition Corp. | RIGHT 04/02/2027 | 178,479 | $21K | No change |
| EURKR Eureka Acquisition Corp.-RTS | RIGHT 07/03/2026 | 51,000 | $21K | No change |
| BEAGR Bold Eagle Acquisition Corp. | RIGHT 10/11/2029 | 100,000 | $21K | No change |
| ALFUW Centurion Acquisition - 29 | *W EXP 05/31/203 | 166,277 | $21K | Reduce -6.2% |
| FERAR Fifth Era Acquisition Corp. I | RIGHT 02/21/2030 | 67,980 | $20K | Reduce -3.1% |
| TACHW Titan Acquisition Corp -30 | *W EXP 05/16/203 | 75,000 | $20K | No change |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | 68,504 | $19K | Add +22.6% |
| EVOXW Evolution Global Acquisition | *W EXP 10/22/203 | 51,446 | $17K | New |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 147,921 | $15K | No change |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 114,003 | $15K | Reduce -0.9% |
| NSTR.WS Viking Acquisition Corp. I | *W EXP 11/03/203 | 66,666 | $15K | No change |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | 123,742 | $14K | Reduce -1.9% |
| FIGXW Figx Capital Acquisition Cor | *W EXP 06/17/203 | 50,045 | $14K | No change |
| CHPGR Championsgate Acquisition Co. | RIGHT 05/14/2030 | 100,000 | $13K | No change |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | 58,070 | $13K | Reduce -1.6% |
| BLUWW Blue Water Acquisition-CW26 | *W EXP 05/23/203 | 27,164 | $12K | No change |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | 20,700 | $12K | Reduce -2.7% |
| EGHAR Egh Acquisition Corp.-RTS | RIGHT 99/99/9999 | 50,000 | $12K | No change |
| WENNW Wen Acquisition Corp.-A -31 | *W EXP 99/99/999 | 35,000 | $11K | No change |
| BIXIW Bitcoin Infrastructure Acqui | *W EXP 11/06/203 | 37,500 | $11K | No change |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 24,711 | $11K | Reduce -11.2% |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 23,678 | $10K | Reduce -1.3% |
| CRANR Crane Harbor Acquisition-RTS | RIGHT 12/09/2030 | 60,685 | $10K | Reduce -4.9% |
| MBVIW M3-Brigade Acquisition Vi Co. | *W EXP 08/18/203 | 33,332 | $10K | No change |
| TAVIR Tavia Acquisition Corp. | RIGHT 11/26/2029 | 66,704 | $9K | Reduce -44.5% |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | 32,757 | $8K | Reduce -5.3% |
| BDCIW BTC Development Corp. - 30 | *W EXP 09/11/203 | 16,765 | $8K | New |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | 48,860 | $8K | Reduce -1.1% |
| COPL.WS Copley Acquisition Corp. -30 | *W EXP 99/99/999 | 50,000 | $8K | No change |
| ALDFW Aldel Financial II Inc. - 29 | *W EXP 09/26/203 | 28,470 | $7K | No change |
| DNMXW Dynamix Corp. III | *W EXP 10/10/203 | 25,000 | $7K | No change |
| RNGTW Range Capital Acquisition Co. | *W EXP 09/29/203 | 17,549 | $5K | Reduce -5.2% |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 | 21,500 | $5K | No change |
| YHNAR YHN Acquisition I Ltd. | RIGHT 08/15/2029 | 30,576 | $3K | Reduce -7.1% |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 43,364 | $3K | Reduce -66.7% |
| GTERR Globa Terra Acquisition-RTS | RIGHT 06/17/2030 | 18,109 | $2K | Reduce -17.2% |
| GTERW Globa Terra Acquisition - 30 | *W EXP 06/17/203 | 13,579 | $2K | Reduce -17.2% |
Total filed on the 13F, all lines: $445.0M.
Portfolio Sells Q4 2025 → Q1 2026
| OXLC Oxford Lane Capital Corp. | Sold out | 0.00% | −1.59 |
| DRDB Roman DBDR Acquisition Corp. | Sold out | 0.00% | −1.59 |
| ALF Centurion Acquisition Corp. | Sold out | 0.00% | −0.85 |
| CNNE Cannae Holdings Inc. | Reduce -33.8% | 0.78% | −0.83 |
| IIF Morgan Stanley India Invest | Sold out | 0.00% | −0.81 |
| CUB Lionheart Holdings Class A | Sold out | 0.00% | −0.79 |
| BACC Blue Acquisition Corp. Class A | Sold out | 0.00% | −0.67 |
| BCAR D. Boral Arc Acquisit Class A | Sold out | 0.00% | −0.62 |
| RWAY Runway Growth Finance Corp. | Reduce -0.1% | 1.86% | −0.54 |
| PBBK PB Bankshares Inc. | Sold out | 0.00% | −0.52 |
| SIMA Sim Acquisition Corp. I-A | Reduce -51.8% | 0.48% | −0.50 |
| UTF Cohen & Steers Infrastructur | Reduce -89.4% | 0.06% | −0.48 |
| AIIA AI Infrastructure Ac-A | Reduce -59.6% | 0.32% | −0.46 |
| SZZL Sizzle Acquisition Corp. Class A | Sold out | 0.00% | −0.38 |
| HDRN Hadron Energy Inc. | Sold out | 0.00% | −0.38 |
| SVACU Spring Valley Acquisition Co. | Sold out | 0.00% | −0.33 |
| LEGT Legato Merger Corp. III | Sold out | 0.00% | −0.32 |
| TONT Graf Global Corp. Class A | Reduce -56.1% | 0.24% | −0.31 |
| DMAA Drugs Made in America Acquis | Sold out | 0.00% | −0.30 |
| DYNC Dynamix Corp. | Sold out | 0.00% | −0.30 |
| JOF Japan Smaller Capitalization | Reduce -52.1% | 0.26% | −0.28 |
| XRPN Armada Acquisition Class A | Sold out | 0.00% | −0.23 |
| PELI Pelican Acquisition Corp. | Sold out | 0.00% | −0.23 |
| CCIF Carlyle Credit Income Fund | Reduce -34.9% | 0.16% | −0.20 |
| CCAP Crescent Capital BDC Inc. | Reduce -0.1% | 1.25% | −0.19 |
| SAC.U Safeguard Acquisition Corp. | Reduce -52.5% | 0.17% | −0.18 |
| SWZ Total Return Securities Fund | Reduce -75.4% | 0.05% | −0.17 |
| TDWDU Tailwind 2.0 Acquisition Cor | Sold out | 0.00% | −0.17 |
| BDCIU BTC Development Corp. | Sold out | 0.00% | −0.16 |
| CHAC Crane Harbor Acqu Corp. Class A | Sold out | 0.00% | −0.14 |
| HVMCU Highview Merger Corp. | Sold out | 0.00% | −0.13 |
| ECF Ellsworth Growth and Income | Reduce -14.6% | 0.58% | −0.12 |
| EGHA Egh Acquisition Co. Class A | Sold out | 0.00% | −0.11 |
| BLRKU Bluerock Acquisition Corp. | Sold out | 0.00% | −0.11 |
| SPAQ Horizon Kinetics Spac Active | Sold out | 0.00% | −0.10 |
| CCIX Churchill Capital Corp. Ix | Sold out | 0.00% | −0.10 |
| RANG Range Capital Acquisition Co. | Reduce -30.4% | 0.24% | −0.10 |
| SPEGU Silver Pegasus Acquisition C | Sold out | 0.00% | −0.10 |
| APXT Apex Treasury Corp. Class A | Sold out | 0.00% | −0.10 |
| EVAC.U Eqv Ventures Acquisition Cor | Sold out | 0.00% | −0.09 |
| MESHU Meshflow Acquisition Corp. | Reduce -12.4% | 0.57% | −0.08 |
| IPEX Inflection Point Acquisition | Sold out | 0.00% | −0.07 |
| GSRFU GSR IV Acquisition Corp. | Sold out | 0.00% | −0.07 |
| VNMEU Vendome Acquisition Corp. I | Sold out | 0.00% | −0.06 |
| KOYNU CSLM Digital Asset Acquisiti | Sold out | 0.00% | −0.06 |
| SVAQU Silicon Valley Acquisition C | Sold out | 0.00% | −0.06 |
| GTERA Globa Terra Acquisition Co. Class A | Sold out | 0.00% | −0.05 |
| FERA Fifth Era Acquisition Corp. Class A | Reduce -29.6% | 0.12% | −0.05 |
| XGDVX Gabelli Dividend & Income TR | Reduce -0.2% | 1.82% | −0.05 |
| MRLN Merlin Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| TPL Texas Pacific Land Corp. | Add +0.9% | 3.43% | +1.39 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +233.3% | 1.62% | +1.11 |
| ELME Elme Communities | New | 0.91% | +0.91 |
| ALOVU Aldabra 4 Liquidity Opportun | New | 0.83% | +0.83 |
| KCAC.U Kensington Capital Acquisiti | New | 0.80% | +0.80 |
| WLIIU Willow Lane Acquisition Corp. | New | 0.74% | +0.74 |
| NWFL Norwood Financial Corp. | Add +165.0% | 1.13% | +0.73 |
| HCICU Hennessy Capital Investment | New | 0.65% | +0.65 |
| BPRE Bluerock Private Real Estate | Add +53.8% | 1.40% | +0.58 |
| DPG Duff & Phelps Utility & Inc. | New | 0.57% | +0.57 |
| TRC Tejon Ranch Co. | Add +0.1% | 3.37% | +0.57 |
| OIM Oneim Acquisition Class-A | New | 0.52% | +0.52 |
| FVAV Fortress Value Acquis V Class A | New | 0.48% | +0.48 |
| EIC Eagle Point Income Co.-USA Inc. | New | 0.46% | +0.46 |
| MEVO M Evo Global Acquisitio Class A | New | 0.46% | +0.46 |
| XSSPX Nuveen S&P 500 Dynam Overwr | New | 0.45% | +0.45 |
| HEQ John Hancock Divers Inc. Fund | Add +46.2% | 1.37% | +0.45 |
| IPFXU Inflection Point Acquisition | New | 0.36% | +0.36 |
| BBCQ Bleichroeder Acquis II Class A | New | 0.36% | +0.36 |
| HACQU HCM IV Acquisition Corp. | New | 0.34% | +0.34 |
| MEVOU M Evo Global Acquisition Cor | New | 0.34% | +0.34 |
| BIII.U Black Spade Acquisition III | New | 0.34% | +0.34 |
| LEGO.U Legato Merger Corp. IV | New | 0.34% | +0.34 |
| FGIIU FG Imperii Acquisition Corp. | New | 0.34% | +0.34 |
| IPXGU Columbus Circle Capital Corp. | New | 0.34% | +0.34 |
| SVIV Spring Valley Acquisitio-A | New | 0.29% | +0.29 |
| DBCAU D Boral Acquisition I Corp. | New | 0.28% | +0.28 |
| DMB BNY Mellon Muni BND Infra | Add +30.1% | 1.24% | +0.25 |
| UAC.U United Acquisition Corp. I | New | 0.22% | +0.22 |
| GIXXU GIGCAPITAL9 Corp. | New | 0.22% | +0.22 |
| BBCQU Bleichroeder Acquisition Cor | New | 0.22% | +0.22 |
| IHD Voya Emrg MRKT Hi DVD Eqty | Add +9.1% | 1.48% | +0.21 |
| OBDC Blue Owl Capital Corp. | Add +42.0% | 0.84% | +0.18 |
| XFLT Xai Fltng Rte&alt Inc. TRS-Ui | Add +83.8% | 0.72% | +0.18 |
| SVIVU Spring Valley Acquisition Co. | New | 0.17% | +0.17 |
| ILLUU Illumination Acquisition Cor | New | 0.17% | +0.17 |
| DHF BNYM High Yield Strategies | New | 0.16% | +0.16 |
| ARCIU Archimedes Tech Spac Partner | New | 0.15% | +0.15 |
| BDCI BTC Development Corp. Class A | New | 0.15% | +0.15 |
| MTAL.U Metals Acquisition Corp. II | New | 0.15% | +0.15 |
| HVMC Highview Merger Corp. Class A | Add +36.9% | 0.50% | +0.14 |
| LEO BNY Mellon Strategic Muni | Add +6.5% | 2.24% | +0.13 |
| NCDL Nuveen Churchill Direct Lend | Add +29.6% | 0.65% | +0.13 |
| PAACU Proem Acquisition Corp. I | New | 0.11% | +0.11 |
| ARTCU Art Technology Acquisition C | New | 0.11% | +0.11 |
| SPEG Silver Pegasus Acquisition-A | Add +19.4% | 0.54% | +0.10 |
| FMN Federated Herm Prem Muni Inc. | New | 0.08% | +0.08 |
| PGR Progressive Corp. | Add +37.5% | 0.49% | +0.08 |
| CEPS Cantor Equity Partners Vi -A | New | 0.08% | +0.08 |
| XGLQX Clough Global Equity Fund | Add +34.9% | 0.29% | +0.07 |
Notes & Other Activity Q4 2025 → Q1 2026
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | Reduce -1.2% | 475,683 | $143K |
| DYNCW Dynamix Corp. - 29 | *W EXP 10/25/202 | Sold out | 66,640 | $137Kbefore exit |
| RANGR Range Capital Acquisition Co. | RIGHT 99/99/9999 | Reduce -2.6% | 254,688 | $76K |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | Reduce -0.3% | 338,516 | $72K |
| GFUZW Spring Valley Acq Co. -30 | *W EXP 09/04/203 | Reduce -12.4% | 63,913 | $66K |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | Sold out | 134,066 | $64Kbefore exit |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 | Sold out | 253,799 | $63Kbefore exit |
| SPEGR Silver Pegasus Acquisition C | RIGHT 06/26/2030 | Add +19.4% | 235,959 | $60K |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | Reduce -1.3% | 329,495 | $59K |
| AI INFRASTRUCTURE ACQUISITIO | RIGHT 99/99/9999 | Sold out | 216,760 | $56Kbefore exit |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 | Reduce -0.5% | 207,330 | $56K |
| CCAQW Dune Acquisition Corp. II -30 | *W EXP 04/04/203 | Reduce -1.0% | 187,794 | $54K |
| OYSER Oyster Enterprises II Acquis | RIGHT 05/22/2030 | Reduce -0.8% | 309,689 | $46K |
| DYORW Insight Digital Partners II | *W EXP 10/28/203 | Add +59.8% | 164,431 | $46K |
| GIWWR GIGCAPITAL8 Corp.-RTS | RIGHT 09/30/2030 | Reduce -1.2% | 157,316 | $39K |
| BCARW D Boral Arc Acquisition - 30 | *W EXP 07/23/203 | Reduce -52.1% | 65,795 | $39K |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | Reduce -21.5% | 134,134 | $39K |
| IBACR Ib Acquisition Corp.-RTS | RIGHT 09/28/2026 | Sold out | 459,807 | $36Kbefore exit |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | Reduce -33.6% | 86,299 | $35K |
| MEVOW M Evo Global Acq -31 | *W EXP 02/18/203 | New | 103,015 | $33K |
| HVMCW Highview Merger Corp. - 30 | *W EXP 07/24/203 | Add +36.9% | 109,980 | $31K |
| LWACW Lightwave Acquisition Corp. | *W EXP 06/06/203 | Reduce -1.4% | 128,593 | $31K |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | Reduce -5.5% | 61,199 | $31K |
| VNMEW Vendome Acquisition Corp. I | *W EXP 07/03/202 | Add +12.3% | 118,733 | $30K |
| TLNCW Talon Capital Corp.-30 | *W EXP 08/27/203 | Add +9.9% | 56,414 | $28K |
| SZZLR Sizzle Acquisition Corp. -RTS | RIGHT 04/02/2030 | Reduce -2.0% | 164,334 | $27K |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | Reduce -0.3% | 235,042 | $27K |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | Sold out | 36,623 | $27Kbefore exit |
| CAPNR Cayson Acquisition Corp. | RIGHT 99/99/9999 | Reduce -25.6% | 145,000 | $26K |
| SCIIR SC II Acquisition Corp.-RT | RIGHT 11/26/2030 | Reduce -3.8% | 127,704 | $26K |
| SVIVW Spring Valley Acquisition Co. | *W EXP 01/22/203 | New | 32,465 | $24K |
| PELIR Pelican Acquisition Corp.-RTS | RIGHT 05/02/2030 | Sold out | 100,000 | $23Kbefore exit |
| VACHW Voyager Acquisition Corp. -CW | *W EXP 05/16/203 | Reduce -23.1% | 150,000 | $23K |
| BBCQW Bleichroeder Acquisition Cor | *W EXP 12/23/203 | New | 49,832 | $22K |
| XRPNW Armada Acquisition Corp - A | *W EXP 05/21/203 | Sold out | 25,000 | $22Kbefore exit |
| ALFUW Centurion Acquisition - 29 | *W EXP 05/31/203 | Reduce -6.2% | 166,277 | $21K |
| FERAR Fifth Era Acquisition Corp. I | RIGHT 02/21/2030 | Reduce -3.1% | 67,980 | $20K |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | Add +22.6% | 68,504 | $19K |
| TBMCR Trailblazer Merger Corp.-RTS | RIGHT 04/21/2028 | Sold out | 74,399 | $18Kbefore exit |
| EVOXW Evolution Global Acquisition | *W EXP 10/22/203 | New | 51,446 | $17K |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | Reduce -0.9% | 114,003 | $15K |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | Sold out | 60,679 | $15Kbefore exit |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | Reduce -1.9% | 123,742 | $14K |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | Reduce -1.6% | 58,070 | $13K |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | Reduce -2.7% | 20,700 | $12K |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | Reduce -11.2% | 24,711 | $11K |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | Reduce -1.3% | 23,678 | $10K |
| CRANR Crane Harbor Acquisition-RTS | RIGHT 12/09/2030 | Reduce -4.9% | 60,685 | $10K |
| TAVIR Tavia Acquisition Corp. | RIGHT 11/26/2029 | Reduce -44.5% | 66,704 | $9K |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | Reduce -5.3% | 32,757 | $8K |
Showing the first 50 of 58.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 148 | $452.4M | STEW, CET, NBXG, GAM, DSM |
| Q1 2026 | 146 | $443.1M | STEW, DSM, CET, GAM, TPL |
| Q4 2025 | 148 | $446.2M | STEW, DSM, CET, GAM, NBXG |
| Q3 2025 | 138 | $429.6M | GAM, STEW, CET, NBXG, DSM |
| Q2 2025 | 125 | $393.5M | STEW, GAM, CET, NBXG, CION |
| Q1 2025 | 104 | $368.5M | STEW, CION, GAM, DSM, AFB |
| Q4 2024 | 105 | $382.1M | STEW, CION, GAM, DSM, TPZ |
| Q3 2024 | 99 | $297.1M | STEW, GAM, CION, CET, TPL |
| Q2 2024 | 99 | $267.2M | STEW, GAM, CION, CET, EVE |
| Q1 2024 | 109 | $302.2M | STEW, GAM, KTF, CION, CET |