Fir Tree Capital Management LP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Fir Tree Capital Management LP reported 81 stock positions worth $131.2 million. Its top holding was Advance Auto Parts (AAP) at 14.5% of the portfolio, followed by Antero Resources (AR, 5.6%) and Monterey Cap Acquisition Cor (3.6%). Compared with Q1 2024, it opened 19 new positions, sold out of 43, added to 16 and reduced 33. The biggest buy was a new position in Antero Resources (AR) and the biggest sale an exit from Six Flags Entertainment (SIX).
- Most Recent 13F
- Q2 2025
- Location
- New York, NY
- CIK
- 0001056491
- Portfolio Value
- $131.2M (Q2 2024)
- SEC Filing
- 0001172661-24-003452 ↗ filed Aug 14, 2024
Holdings Value
Holdings 81 stocks · $131.2M
| AAP Advance Auto Parts Inc. | 14.48% | 300,000 | $19.0M | Reduce -14.3% |
| AR Antero Resources Corp. | 5.59% | 225,000 | $7.3M | New |
| MONTEREY CAP ACQUISITION COR | 3.55% | 412,900 | $4.7M | Add +5.3% |
| BUJA Bukit Jalil Global Acquisiti | 3.48% | 421,483 | $4.6M | Add +84.4% |
| EGRVF Evergreen Corporation Class A | 3.06% | 350,000 | $4.0M | Add +40.0% |
| WELNF Integrated Wellness Acq - A | 2.98% | 337,750 | $3.9M | Add +2.0% |
| ZLSSF Zalatoris II Acquisition Cor | 2.50% | 300,000 | $3.3M | Reduce -13.8% |
| FORL Four Leaf Acquisition Cor-A | 2.23% | 270,000 | $2.9M | Add +1597.7% |
| ARYD Arya Sciences Acquisition-A | 2.01% | 230,637 | $2.6M | Add +824.4% |
| NNAG 99 Acquisition Group in Class A | 1.80% | 225,000 | $2.4M | New |
| GLOBAL PARTNER ACQISTN CORP | 1.70% | 196,258 | $2.2M | Reduce -0.8% |
| TCOA Zalatoris Acquisition Corp. | 1.69% | 200,000 | $2.2M | Reduce -18.9% |
| EVE Eve Mobility Acquisition C-A | 1.65% | 197,507 | $2.2M | Reduce -54.1% |
| KACLF Kairous Acquisition Corp. Ltd. | 1.64% | 179,110 | $2.2M | Add +319.4% |
| HCVI Hennessy Capital Invest Class A | 1.61% | 199,983 | $2.1M | Reduce -31.7% |
| AFAR Aura Fat Projects Acqui Class A | 1.56% | 179,928 | $2.0M | Reduce -3.8% |
| MSSAF Metal SKY Star Acquisition C | 1.52% | 176,339 | $2.0M | Add +2.7% |
| CRTAF Cartica Acquisition Corp. Class A | 1.52% | 176,114 | $2.0M | New |
| ISRLF Israel Acquisitions Corp. Class A | 1.38% | 164,371 | $1.8M | Add +121.9% |
| TETEF Technology & Telecommunicati | 1.37% | 150,000 | $1.8M | Reduce -55.6% |
| CLRCF Climaterock Class A | 1.32% | 150,000 | $1.7M | Reduce -39.4% |
| AFJK Aimei Health Technology Co. | 1.30% | 165,000 | $1.7M | No change |
| ASCBF A Spac II Acquisition Corp. | 1.29% | 151,373 | $1.7M | Reduce -45.3% |
| TRTLF Tortoiseecofin Acquisition-A | 1.25% | 150,000 | $1.6M | New |
| DYCQ DT Cloud Acquisition Corp. | 1.24% | 159,896 | $1.6M | Reduce -21.0% |
| HSPOF Horizon Space Acquisition I | 1.24% | 147,432 | $1.6M | Add +21.9% |
| GDST Goldenstone Acquisition Ltd. | 1.17% | 136,908 | $1.5M | Reduce -27.4% |
| FSHPU Flag Ship Acquisition Corp. | 1.14% | 150,000 | $1.5M | New |
| LBTYA Liberty Global Ltd. Class A | 1.13% | 85,000 | $1.5M | New |
| DPCS DP Cap Acquisition Corp. Class A | 1.10% | 127,782 | $1.4M | New |
| ATLANTIC COASTAL AQSTN CORP | 1.07% | 117,100 | $1.4M | No change |
| APXIF Apx Acquisition Corp. I | 1.04% | 117,400 | $1.4M | No change |
| TMTC TMT Acquisition Corp. Class A | 1.01% | 120,702 | $1.3M | Add +43.1% |
| GPATU GP-Act III Acquisition Corp. | 0.99% | 130,000 | $1.3M | New |
| ACAC Acri Capital Acquisition Cor | 0.97% | 112,033 | $1.3M | Reduce -0.1% |
| RFAIU RF Acquisition Corp. II | 0.96% | 125,000 | $1.3M | New |
| OAKU Oak Woods Acquisition Corp. Class A | 0.95% | 115,000 | $1.2M | Add +727.0% |
| LATG Chenghe Acquisition I Co. | 0.89% | 102,508 | $1.2M | Reduce -21.1% |
| MCAA Mountain & Co. I Acquisition | 0.87% | 97,899 | $1.1M | Reduce -66.4% |
| SLAMF Slam Corp. Class A | 0.85% | 100,000 | $1.1M | Reduce -28.9% |
| SVIIF Spring Valley Acquisition-A | 0.85% | 100,000 | $1.1M | Reduce -73.3% |
| MARX Mars Acquisition Corp. | 0.83% | 100,504 | $1.1M | Add +1.8% |
| TLGYF TLGY Acquisition Corp. Class A | 0.83% | 94,668 | $1.1M | Reduce -67.7% |
| SBXC Silverbox Corp. III-A | 0.81% | 100,000 | $1.1M | Reduce -59.7% |
| ALSAF Alpha Star Acquisition Corp. | 0.80% | 90,653 | $1.0M | Add +30.0% |
| COLOMBIER ACQUISITION CORP | 0.78% | 100,000 | $1.0M | No change |
| ANSC Agriculture & Natural Soluti | 0.78% | 100,000 | $1.0M | Reduce -50.0% |
| MACIU Melar Acquisition Corp. I | 0.76% | 100,000 | $1.0M | New |
| TGAAF Target Global Acquisition -A | 0.75% | 87,800 | $988K | New |
| KVACF Keen Vision Acquisition Corp. | 0.74% | 91,350 | $968K | Reduce -16.7% |
| RFAC RF Acquisition Corp. Class A | 0.69% | 81,413 | $900K | Add +8.6% |
| USAR USA Rare Earth Inc. filed as INFLECTION PT ACQUISITN CRP | 0.65% | 80,322 | $851K | Reduce -3.9% |
| LEGT Legato Merger Corp. III | 0.59% | 77,168 | $780K | Reduce -26.5% |
| SPKLF Spark I Acquisition Corp. | 0.59% | 75,000 | $776K | Reduce -25.0% |
| BKHA Black Hawk Acquisition Cor-A | 0.58% | 75,000 | $761K | No change |
| ARES ACQUISITION CORP II | 0.57% | 69,682 | $744K | Reduce -2.4% |
| JVSA Jvspac Acquisition Corp. Class A | 0.54% | 70,000 | $711K | No change |
| FOCUS IMPACT ACQUISITION COR | 0.48% | 56,839 | $634K | New |
| ESHA Esh Acquisition Corp. Class A | 0.47% | 59,588 | $622K | Add +433.1% |
| INTE Integral Acquisition Corp. Class A | 0.46% | 55,000 | $605K | New |
| CHEB.U Chenghe Acquisition II Co. | 0.46% | 59,896 | $600K | New |
| ALCYF Alchemy Investments Acquisit | 0.44% | 53,742 | $577K | Reduce -2.5% |
| IXAQF Ix Acquisition Corp. Class A | 0.44% | 50,238 | $573K | Reduce -33.5% |
| ALPHAVEST ACQUISITION CORP | 0.42% | 50,000 | $551K | Reduce -77.2% |
| PFTA Portage Fintech Acquisitio-A filed as PERCEPTION CAPITAL CORP III | 0.41% | 50,000 | $539K | Reduce -72.0% |
| NETD Nabors Energy Transition C-A | 0.40% | 50,400 | $531K | Reduce -19.5% |
| MAQC Maquia Capital Acquisition-A | 0.40% | 47,272 | $524K | No change |
| BAYA Bayview Acquisition Corp. Class A | 0.39% | 50,000 | $512K | No change |
| UCFI CN Healthy Food Tech Group C filed as IRON HORSE ACQUISITIONS CORP | 0.38% | 50,000 | $503K | No change |
| CCIX Churchill Capital Corp. Ix | 0.38% | 50,000 | $501K | New |
| ALFUU Centurion Acquisition Corp. | 0.38% | 50,000 | $500K | New |
| SKGR SK Growth Opportunities Co. Class A | 0.37% | 43,961 | $489K | No change |
| QETA Quetta Acquisition Corp. | 0.35% | 45,000 | $466K | No change |
| RRACF Rigel Resource Acquisit Class A | 0.34% | 39,868 | $452K | Reduce -31.1% |
| ALPHATIME ACQUISITION CORP | 0.34% | 40,735 | $451K | Reduce -15.0% |
| CURR Currenc Group Inc. filed as INFINT ACQUISITION CORP | 0.34% | 38,477 | $449K | New |
| CDAQF Compass Digital Acquisition | 0.34% | 40,900 | $445K | No change |
| NOVV Nova Vision Acquisition | 0.25% | 26,913 | $325K | New |
| CUBWU Lionheart Holdings | 0.19% | 25,000 | $250K | New |
| AITR AI Transportation Acquisitio | 0.16% | 20,000 | $207K | No change |
| BOWN Bowen Acquisition Corp. | 0.13% | 16,395 | $173K | Reduce -6.3% |
Options reported separately and not counted above: RSP calls ($33.5M), M calls ($14.6M), VSAT calls ($796K).
Other holdings (4): bonds, preferreds, convertibles and warrants · $10.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OATLY GROUP AB (OTLY 9.25 09/14/28) | NOTE 9.250% 9/1 · principal | 4,955,126 | $3.5M | New |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 3,600,000 | $3.2M | New |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 2,080,000 | $1.7M | New |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | 2,160,000 | $1.6M | Reduce -2.7% |
Total filed on the 13F, all lines: $141.3M.
Portfolio Sells Q1 2024 → Q2 2024
| SIX Six Flags Entertainment Corp. | Sold out | 0.00% | −7.02 |
| KBR KBR Inc. | Sold out | 0.00% | −3.73 |
| ODP The Odp Corp. | Sold out | 0.00% | −3.26 |
| FRLA Fortune Rise Acquisition Cor | Sold out | 0.00% | −2.36 |
| NATL NCR Atleos Corp. | Sold out | 0.00% | −2.31 |
| GODN Golden Star Acquisition Corp. | Sold out | 0.00% | −2.29 |
| EVCO Everest Consolidator Acquisi | Sold out | 0.00% | −2.24 |
| NFSCF Enphys Acquisition Corp. | Sold out | 0.00% | −2.00 |
| BFACF Battery Future Acquisition-A | Sold out | 0.00% | −1.60 |
| APCA Ap Acquisition Corp. Class A | Sold out | 0.00% | −1.42 |
| PLUM ACQUISITION CORP I | Sold out | 0.00% | −1.42 |
| AACI Armada Acquisition Corp. I | Sold out | 0.00% | −1.27 |
| STONEBRIDGE ACQUISITION CORP | Sold out | 0.00% | −1.03 |
| EMCGF Embrace Change Acquisition C | Sold out | 0.00% | −1.01 |
| ASBP Aspire-Lakewood Holdings Inc. | Sold out | 0.00% | −1.00 |
| BELLEVUE LIFE SCNCS AQSTN CO | Sold out | 0.00% | −0.98 |
| SVIIF Spring Valley Acquisition-A | Reduce -73.3% | 0.85% | −0.91 |
| ROCL Roth CH Acquisition V Co. | Sold out | 0.00% | −0.81 |
| FLD Fold Holdings Inc. | Sold out | 0.00% | −0.80 |
| AOGO Arogo Capital Acquisition -A | Sold out | 0.00% | −0.80 |
| OCAX Oca Acquisition Corp. Class A | Sold out | 0.00% | −0.77 |
| WELSBACH TECH METALS ACQU CO | Sold out | 0.00% | −0.76 |
| NPAB New Providence Acquisition-A | Sold out | 0.00% | −0.63 |
| PLMJF Plum Acquisition Corp. III | Sold out | 0.00% | −0.62 |
| ALPHAVEST ACQUISITION CORP | Reduce -77.2% | 0.42% | −0.61 |
| TLGYF TLGY Acquisition Corp. Class A | Reduce -67.7% | 0.83% | −0.59 |
| CHAA Catcha Investment Corp. Class A | Sold out | 0.00% | −0.57 |
| CVII Churchill Capital Corp. Vii-A | Sold out | 0.00% | −0.56 |
| MCAA Mountain & Co. I Acquisition | Reduce -66.4% | 0.87% | −0.56 |
| QDRO Quadro Acquisition One Corp. | Sold out | 0.00% | −0.54 |
| ACBA Ace Global Business Acquisit | Sold out | 0.00% | −0.52 |
| IGTA Inception Growth Acquisition | Sold out | 0.00% | −0.44 |
| PFTA Portage Fintech Acquisitio-A | Reduce -72.0% | 0.41% | −0.41 |
| EVE Eve Mobility Acquisition C-A | Reduce -54.1% | 1.65% | −0.36 |
| CETU Cetus Capital Acquisition Co. | Sold out | 0.00% | −0.35 |
| RCFAF Perception Capital Corp. IV | Sold out | 0.00% | −0.34 |
| KYCH Keyarch Acquisition Corp. | Sold out | 0.00% | −0.33 |
| TETEF Technology & Telecommunicati | Reduce -55.6% | 1.37% | −0.32 |
| SBXC Silverbox Corp. III-A | Reduce -59.7% | 0.81% | −0.30 |
| BLUAF Blueriver Acquisition Corp. Class A | Sold out | 0.00% | −0.25 |
| IVCBF Invest Acquisition Corp. | Sold out | 0.00% | −0.24 |
| REDWOODS ACQUISITION CORP | Sold out | 0.00% | −0.23 |
| GLACF Global Lights Acquisition Co. | Sold out | 0.00% | −0.22 |
| BITE Bite Acquisition Corp. | Sold out | 0.00% | −0.19 |
| BWAQ Blue World Acquisition Corp. | Sold out | 0.00% | −0.18 |
| M Macy's Inc. | Sold out | 0.00% | −0.17 |
| IVCAF Libity | Sold out | 0.00% | −0.15 |
| XFIN Excelfin Acquisition Corp. Class A | Sold out | 0.00% | −0.13 |
| GLLI Globalink Investment Inc. | Sold out | 0.00% | −0.13 |
| DIST Distoken Acquisition Corp. | Sold out | 0.00% | −0.13 |
Portfolio Buys Q1 2024 → Q2 2024
| AR Antero Resources Corp. | New | 5.59% | +5.59 |
| BUJA Bukit Jalil Global Acquisiti | Add +84.4% | 3.48% | +2.45 |
| FORL Four Leaf Acquisition Cor-A | Add +1597.7% | 2.23% | +2.16 |
| ARYD Arya Sciences Acquisition-A | Add +824.4% | 2.01% | +1.89 |
| EGRVF Evergreen Corporation Class A | Add +40.0% | 3.06% | +1.86 |
| NNAG 99 Acquisition Group in Class A | New | 1.80% | +1.80 |
| MONTEREY CAP ACQUISITION COR | Add +5.3% | 3.55% | +1.70 |
| CRTAF Cartica Acquisition Corp. Class A | New | 1.52% | +1.52 |
| KACLF Kairous Acquisition Corp. Ltd. | Add +319.4% | 1.64% | +1.43 |
| WELNF Integrated Wellness Acq - A | Add +2.0% | 2.98% | +1.37 |
| TRTLF Tortoiseecofin Acquisition-A | New | 1.25% | +1.25 |
| FSHPU Flag Ship Acquisition Corp. | New | 1.14% | +1.14 |
| LBTYA Liberty Global Ltd. Class A | New | 1.13% | +1.13 |
| DPCS DP Cap Acquisition Corp. Class A | New | 1.10% | +1.10 |
| ISRLF Israel Acquisitions Corp. Class A | Add +121.9% | 1.38% | +1.04 |
| GPATU GP-Act III Acquisition Corp. | New | 0.99% | +0.99 |
| RFAIU RF Acquisition Corp. II | New | 0.96% | +0.96 |
| OAKU Oak Woods Acquisition Corp. Class A | Add +727.0% | 0.95% | +0.89 |
| MACIU Melar Acquisition Corp. I | New | 0.76% | +0.76 |
| TGAAF Target Global Acquisition -A | New | 0.75% | +0.75 |
| MSSAF Metal SKY Star Acquisition C | Add +2.7% | 1.52% | +0.71 |
| HSPOF Horizon Space Acquisition I | Add +21.9% | 1.24% | +0.68 |
| TMTC TMT Acquisition Corp. Class A | Add +43.1% | 1.01% | +0.63 |
| FOCUS IMPACT ACQUISITION COR | New | 0.48% | +0.48 |
| ALSAF Alpha Star Acquisition Corp. | Add +30.0% | 0.80% | +0.46 |
| INTE Integral Acquisition Corp. Class A | New | 0.46% | +0.46 |
| CHEB.U Chenghe Acquisition II Co. | New | 0.46% | +0.46 |
| ESHA Esh Acquisition Corp. Class A | Add +433.1% | 0.47% | +0.42 |
| MARX Mars Acquisition Corp. | Add +1.8% | 0.83% | +0.39 |
| CCIX Churchill Capital Corp. Ix | New | 0.38% | +0.38 |
| ALFUU Centurion Acquisition Corp. | New | 0.38% | +0.38 |
| CURR Currenc Group Inc. | New | 0.34% | +0.34 |
| RFAC RF Acquisition Corp. Class A | Add +8.6% | 0.69% | +0.34 |
| NOVV Nova Vision Acquisition | New | 0.25% | +0.25 |
| CUBWU Lionheart Holdings | New | 0.19% | +0.19 |
Options Activity Q1 2024 → Q2 2024
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | call | Sold out | 430,600 | $46.9Mbefore exit |
| RSP Invesco S&P 500 Equal Weight | call | Reduce -72.7% | 204,100 | $33.5M |
| M Macy's Inc. | call | New | 760,000 | $14.6M |
| VSAT Viasat Inc. | call | Reduce -9.1% | 62,700 | $796K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024
| OATLY GROUP AB | DEBT 9.250% 9/1 · principal | Sold out | 4,736,083 | $3.5Mbefore exit |
| OATLY GROUP AB (OTLY 9.25 09/14/28) | NOTE 9.250% 9/1 · principal | New | 4,955,126 | $3.5M |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | New | 3,600,000 | $3.2M |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | New | 2,080,000 | $1.7M |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | Reduce -2.7% | 2,160,000 | $1.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.