In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Dryden Capital, LLC reported 16 stock positions worth $58.0 million . Its top holding was Fold (FLD) at 18.5% of the portfolio, followed by Invest Acquisition (IVCBF, 16.4% ) and Fidelity National Info Serv (FIS, 13.1% ). Compared with Q1 2024, it opened 3 new positions, sold out of 1, added to 1 and reduced 6. The biggest buy was a new position in GP-Act III Acquisition (GPATU) and the biggest sale Spring Valley Acquisition-A (SVIIF, shares −51% ).
Location MIAMI, FL
CIK 0001756488
Portfolio Value $58.0M (Q2 2024) Holdings 16 stocks · $58.0M Holdings quarter Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 FLD Fold Holdings Inc. filed as FTAC EMERALD ACQUISITION COR 1,000,000 $10.7M No change IVCBF Invest Acquisition Corp. 840,000 $9.5M No change FIS Fidelity National Info Serv 100,600 $7.6M Reduce -4.7% HAYMAKER ACQUISITION CORP 4 715,325 $7.5M Reduce -26.6% ARES ACQUISITION CORP II 670,000 $7.1M Reduce -34.3% ANSC Agriculture & Natural Soluti 375,000 $3.8M Reduce -49.0% SVIIF Spring Valley Acquisition-A 330,000 $3.7M Reduce -50.8% GPATU GP-Act III Acquisition Corp. 300,000 $3.0M New WMPN William Penn Bancorp 228,560 $2.6M Add +722.5% CRH CRH PLC 12,000 $900K No change WTW Willis Towers Watson PLC 2,000 $524K New CLST Catalyst Bancorp Inc. 30,593 $354K No change AVTR Avantor Inc. 10,000 $212K New VRSN Verisign Inc. 750 $133K No change VSTS Vestis Corp. 8,500 $104K No change ASRV Ameriserv Financial Inc. 43,373 $98K Reduce -12.7%
Other holdings (14): bonds, preferreds, convertibles and warrants · $953K (not counted above) Security Class Shares / Principal Value Change HYAC.WS Haymaker Acquisition Corp.-28 *W EXP 05/31/202 737,500 $129K Add +51.3% GCTS.WS Concord Acq Class A -CW28 *W EXP 03/01/202 793,949 $119K No change SVIRF Spring Valley Acquisit-Right RIGHT 02/25/2026 950,600 $114K Add +35.7% AMPX.WS Amprius Technologies Inc. *W EXP 09/14/202 644,581 $110K No change ANSCW Agriculture & Natural Solu-W *W EXP 10/01/202 617,500 $99K Add +68.0% KDKRW Ares Acquisition Corp. II-28 *W EXP 99/99/999 760,000 $99K Add +49.0% IVCWF Investcorp Europe Acquis -27 *W EXP 12/15/202 879,991 $64K No change LVWR.WS Livewire Group Inc.-27 *W EXP 09/26/202 273,399 $52K No change SVIWF Spring Valley Acquisition-Aw *W EXP 02/25/202 594,328 $48K Add +69.8% AMBWQ Ambipar Emergency Respons-28 *W EXP 03/03/202 202,072 $42K No change KCGI.WS Kensington Capital Acq -CW23 *W EXP 99/99/999 1,199,650 $31K No change XFINW Excelfin Acquisition -CW23 *W EXP 10/25/202 638,277 $19K No change PERCEPTION CAPITAL CORP III *W EXP 99/99/999 579,098 $15K No change PGYWW Pagaya Technologies Ltd. -27 *W EXP 99/99/999 117,079 $13K No change
Total filed on the 13F, all lines: $58.9M.
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ SVIIF Spring Valley Acquisition-A Reduce -50.8% 6.33% −4.73 ANSC Agriculture & Natural Soluti Reduce -49.0% 6.63% −4.58 ARES ACQUISITION CORP II Reduce -34.3% 12.33% −3.86 HAYMAKER ACQUISITION CORP 4 Reduce -26.6% 12.97% −2.29 PFTA Portage Fintech Acquisitio-A Sold out 0.00% −1.25 ASRV Ameriserv Financial Inc. Reduce -12.7% 0.17% −0.02 FIS Fidelity National Info Serv Reduce -4.7% 13.08% +1.32
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ GPATU GP-Act III Acquisition Corp. New 5.19% +5.19 WMPN William Penn Bancorp Add +722.5% 4.50% +3.98 WTW Willis Towers Watson PLC New 0.90% +0.90 AVTR Avantor Inc. New 0.37% +0.37
Notes & Other Activity Q1 2024 → Q2 2024 Security Class Change vs Q1 2024 Shares / Principal Value ▼ HYAC.WS Haymaker Acquisition Corp.-28 *W EXP 05/31/202 Add +51.3% 737,500 $129K SVIRF Spring Valley Acquisit-Right RIGHT 02/25/2026 Add +35.7% 950,600 $114K ANSCW Agriculture & Natural Solu-W *W EXP 10/01/202 Add +68.0% 617,500 $99K KDKRW Ares Acquisition Corp. II-28 *W EXP 99/99/999 Add +49.0% 760,000 $99K SVIWF Spring Valley Acquisition-Aw *W EXP 02/25/202 Add +69.8% 594,328 $48K QQQ Invesco QQQ Trust Series 1 UNIT SER 1 Sold out 0 $0before exit
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2024 16 $58.0M FLD, IVCBF, FIS, HAYMAKER ACQUISITION CORP 4, ARES ACQUISITION CORP II Q1 2024 14 $66.6M ARES ACQUISITION CORP II, FLD, HAYMAKER ACQUISITION CORP 4, IVCBF, FIS