First Trust Capital Management L.P.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), First Trust Capital Management L.P. reported 104 stock positions worth $1.1 billion. Its top holding was Encore Wire (WIRE) at 13.0% of the portfolio, followed by Powerschool Class A (PWSC, 4.1%) and Hashicorp Class A (HCP, 4.0%). Compared with Q1 2024, it opened 28 new positions, sold out of 39, added to 13 and reduced 28. The biggest buy was a new position in Encore Wire (WIRE) and the biggest sale an exit from American National (AEL).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001604488
Portfolio Value
$1.1B (Q2 2024)
SEC Filing
0001604488-24-000203 ↗ filed Aug 14, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.1B $1.1B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.4B Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $1.9B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 104 stocks · $1.1B
WIRE Encore Wire Corp. 12.96% 490,485 $142.2M New
PWSC Powerschool Holdings Inc. Class A 4.13% 2,024,892 $45.3M New
HCP Hashicorp Inc. Class A 4.04% 1,314,754 $44.3M New
EDR Endeavor Group Hold Class A 3.83% 1,556,182 $42.1M New
ETRN Equitrans Midstream Corp. 3.58% 3,027,171 $39.3M New
NVEI Nuvei Corp.-Subordinate VTG 3.18% 1,077,087 $34.9M New
AMK Assetmark Financial Holdings 2.69% 855,208 $29.5M New
PRFT Perficient Inc. 2.64% 387,252 $29.0M New
RRACF Rigel Resource Acquisit Class A 2.59% 2,504,677 $28.4M No change
CVII Churchill Capital Corp. Vii-A 2.58% 2,631,060 $28.3M Reduce -13.7%
SLCA US Silica Holdings Inc. 2.41% 1,711,384 $26.4M New
SVIIF Spring Valley Acquisition-A 2.05% 2,017,489 $22.4M Add +38.9%
AGR Avangrid Inc. 2.04% 630,985 $22.4M New
WRK Westrock Co. 1.92% 420,069 $21.1M New
ARES ACQUISITION CORP II 1.84% 1,895,233 $20.2M Reduce 0.0%
HIBB Hibbett Inc. 1.64% 205,999 $18.0M New
RENEF Cartesian Growth Corp. II- A 1.62% 1,578,232 $17.8M No change
SILK Silk Road Medical Inc. filed as SILK RD MED INC 1.59% 644,820 $17.4M New
MRO Marathon Oil Corp. 1.59% 607,429 $17.4M New
NETD Nabors Energy Transition C-A 1.58% 1,648,492 $17.4M No change
IVCAF Libity filed as INVESTCORP INDIA ACQUISTN CO 1.51% 1,455,837 $16.5M No change
KVACF Keen Vision Acquisition Corp. 1.39% 1,441,000 $15.2M No change
PSBD Palmer Square Capital BDC Inc. 1.34% 911,854 $14.7M No change
OVERSEAS SHIPHOLDING GROUP-A 1.19% 1,540,985 $13.1M New
APCA Ap Acquisition Corp. Class A 1.17% 1,116,407 $12.8M No change
USAR USA Rare Earth Inc. filed as INFLECTION PT ACQUISITN CRP 1.16% 1,202,978 $12.8M Reduce 0.0%
PEGR Project Energy Reimagined Ac 1.07% 1,085,400 $11.8M No change
PLAOF Patria Latin American Opport 1.01% 969,800 $11.1M Reduce -42.1%
HAYMAKER ACQUISITION CORP 4 0.99% 1,038,341 $10.9M Reduce -0.1%
ISRLF Israel Acquisitions Corp. Class A 0.95% 950,101 $10.5M Reduce -0.3%
CERE Cerevel Therapeutics Holding 0.94% 250,985 $10.3M Reduce -9.1%
PHYTF Pyrophyte Acquisition Corp. Class A 0.93% 889,786 $10.2M Add +0.0%
LCW Learn CW Investment Corp. Class A 0.84% 840,458 $9.2M New
ALSAF Alpha Star Acquisition Corp. 0.81% 768,539 $8.9M No change
MACIU Melar Acquisition Corp. I 0.80% 873,652 $8.7M New
MCAA Mountain & Co. I Acquisition 0.75% 709,644 $8.3M Add +82.2%
CURR Currenc Group Inc. filed as INFINT ACQUISITION CORP 0.74% 693,076 $8.1M No change
WKME Walkme Ltd. 0.70% 550,000 $7.7M New
SRCL Stericycle Inc. 0.68% 127,467 $7.4M New
AFJK Aimei Health Technology Co. 0.64% 680,000 $7.0M No change
BKHA Black Hawk Acquisition Cor-A 0.62% 670,000 $6.8M Add +3.1%
EVE Eve Mobility Acquisition C-A 0.61% 609,120 $6.7M No change
BOWN Bowen Acquisition Corp. 0.60% 621,000 $6.6M No change
APXIF Apx Acquisition Corp. I 0.59% 554,066 $6.4M No change
DYCQ DT Cloud Acquisition Corp. 0.58% 621,000 $6.3M New
CDAQF Compass Digital Acquisition 0.57% 578,969 $6.3M No change
OAKU Oak Woods Acquisition Corp. Class A 0.57% 570,368 $6.2M No change
ALPHAVEST ACQUISITION CORP 0.56% 556,839 $6.1M No change
BURTECH ACQUISITION CORP 0.54% 529,976 $5.9M Reduce -3.9%
HSPOF Horizon Space Acquisition I 0.53% 526,871 $5.8M No change
BAYA Bayview Acquisition Corp. Class A 0.53% 565,000 $5.8M No change
IVCBF Invest Acquisition Corp. 0.52% 506,144 $5.7M Reduce -48.5%
COLOMBIER ACQUISITION CORP 0.52% 554,997 $5.7M No change
BUJA Bukit Jalil Global Acquisiti 0.52% 534,700 $5.7M No change
GLACF Global Lights Acquisition Co. 0.52% 550,000 $5.7M No change
AITR AI Transportation Acquisitio 0.51% 540,000 $5.6M Add +20.0%
JVSA Jvspac Acquisition Corp. Class A 0.48% 517,500 $5.3M Add +15.0%
EMCGF Embrace Change Acquisition C 0.47% 461,455 $5.2M No change
CHEB.U Chenghe Acquisition II Co. 0.46% 500,000 $5.0M New
WELNF Integrated Wellness Acq - A 0.45% 430,000 $5.0M No change
KCGI Kensington Capital Acq-A 0.45% 448,068 $5.0M No change
ALCYF Alchemy Investments Acquisit 0.44% 450,292 $4.8M Add +0.0%
EGRVF Evergreen Corporation Class A 0.44% 419,756 $4.8M Reduce -47.1%
ALPHATIME ACQUISITION CORP 0.43% 426,530 $4.7M No change
FNVTF Finnovate Acquisition Corp. Class A 0.43% 410,455 $4.7M Add +29.3%
MITA Coliseum Acquisition Corp. Class A 0.42% 424,001 $4.6M No change
NNAG 99 Acquisition Group in Class A 0.38% 400,000 $4.2M No change
LATG Chenghe Acquisition I Co. 0.38% 367,260 $4.2M No change
SLAMF Slam Corp. Class A 0.37% 366,754 $4.1M Add +0.6%
BOCN Blue Ocean Acquisition Cor-A 0.35% 344,149 $3.8M Reduce -23.6%
IXAQF Ix Acquisition Corp. Class A 0.35% 334,402 $3.8M Reduce -12.1%
BFACF Battery Future Acquisition-A 0.33% 331,481 $3.7M Reduce -33.7%
CFFS CF Acquisition Corp. Vii Class A 0.33% 328,590 $3.6M Reduce -44.8%
TLGYF TLGY Acquisition Corp. Class A 0.32% 302,847 $3.5M Add +9.2%
BWAQ Blue World Acquisition Corp. 0.28% 276,233 $3.1M No change
ANSC Agriculture & Natural Soluti 0.28% 297,911 $3.1M New
SPKLF Spark I Acquisition Corp. 0.27% 291,138 $3.0M No change
CUBWU Lionheart Holdings 0.27% 300,000 $3.0M New
CRTAF Cartica Acquisition Corp. Class A 0.25% 243,397 $2.8M Reduce -28.7%
LEGT Legato Merger Corp. III 0.23% 253,667 $2.6M Reduce -1.4%
SEDA SDCL Edge Acquisition Corp. Class A 0.21% 206,792 $2.3M Reduce -84.2%
AMED Amedisys Inc. 0.20% 23,745 $2.2M Reduce -18.6%
ACI Albertsons Cos Inc. Class A 0.16% 88,933 $1.8M Reduce -23.3%
TMTC TMT Acquisition Corp. Class A 0.15% 150,709 $1.7M Add +211.2%
IVCP Swiftmerge Acquisition Cor-A 0.14% 144,934 $1.6M New
AXONICS INC 0.13% 21,198 $1.4M Reduce -23.3%
CCTSF Cactus Acquisition Corp. 1 LT 0.12% 112,955 $1.3M Reduce -1.9%
X United States Steel Corp. 0.12% 33,801 $1.3M Reduce -23.3%
JNPR Juniper Networks Inc. 0.11% 33,706 $1.2M Reduce -23.3%
HTLF Heartland Financial USA Inc. 0.11% 26,722 $1.2M New
BYNO Bynordic Acquisition Corp. 0.10% 95,514 $1.1M No change
CTLT Catalent Inc. 0.10% 19,028 $1.1M Reduce -23.3%
VZIO Vizio Holding Corp. Class A 0.10% 97,042 $1.0M Reduce -23.3%
CHX Championx Corp. 0.09% 29,355 $975K New
MSSAF Metal SKY Star Acquisition C 0.07% 63,505 $721K No change
TGAAF Target Global Acquisition -A 0.06% 58,418 $665K No change
CPRI Capri Holdings Ltd. 0.05% 14,989 $496K Reduce -21.9%
PAA Plains All Amer Pipeline LP 0.04% 25,633 $454K Add +80.1%
ET Energy Transfer LP 0.04% 28,230 $450K Add +82.3%
FPE FT-Preferred Secur & Inc. ETF 0.04% 22,222 $385K No change

Show all 104 holdings

Portfolio Sells Q1 2024 → Q2 2024
AEL American National Group Inc. Sold out 0.00% −7.04
TCN Tricon Residential Inc. Sold out 0.00% −7.02
PXD Pioneer Natural Resources Co. Sold out 0.00% −6.40
M D C HLDGS INC Sold out 0.00% −6.32
SCRM Screaming Eagle Acq Class A Sold out 0.00% −5.87
DOOR Masonite International Corp. Sold out 0.00% −5.30
KAMN Kaman Corp. Sold out 0.00% −1.75
EAGLE BULK SHIPPING INC Sold out 0.00% −1.75
NWLI National Western Life Grou-A Reduce -99.8% 0.00% −1.65
TRTLF Tortoiseecofin Acquisition-A Sold out 0.00% −1.55
CNDA Concord Acquisition Corp. Class A Sold out 0.00% −1.25
SEDA SDCL Edge Acquisition Corp. Class A Reduce -84.2% 0.21% −1.01
TRIS Tristar Acquisition I Corp. Class A Sold out 0.00% −0.94
TAST Carrols Restaurant Group Inc. Sold out 0.00% −0.86
ERF Enerplus Corp. Sold out 0.00% −0.81
GAQ Generation Asia I Acquisit-A Sold out 0.00% −0.72
PLAOF Patria Latin American Opport Reduce -42.1% 1.01% −0.60
ZLSSF Zalatoris II Acquisition Cor Sold out 0.00% −0.59
VMCAF Valuence Merger Corp. I Class A Sold out 0.00% −0.59
NFSCF Enphys Acquisition Corp. Sold out 0.00% −0.51
IVCBF Invest Acquisition Corp. Reduce -48.5% 0.52% −0.42
CSLMF CSLM Acquisition Corp. Sold out 0.00% −0.40
GDST Goldenstone Acquisition Ltd. Sold out 0.00% −0.40
AIEV Thunder Power Holdings Inc. Sold out 0.00% −0.38
ANDRETTI ACQUISITION CORP Sold out 0.00% −0.38
TENX KEANE ACQUISITION Sold out 0.00% −0.35
DIST Distoken Acquisition Corp. Sold out 0.00% −0.34
EGRVF Evergreen Corporation Class A Reduce -47.1% 0.44% −0.33
AIMTF Aimfinity Investment-Subunit Sold out 0.00% −0.30
FEXD Fintech Ecosystem Developm-A Sold out 0.00% −0.27
CFFS CF Acquisition Corp. Vii Class A Reduce -44.8% 0.33% −0.23
ARYD Arya Sciences Acquisition-A Sold out 0.00% −0.20
FUSN Fusion Pharmaceuticals Inc. Sold out 0.00% −0.20
CVII Churchill Capital Corp. Vii-A Reduce -13.7% 2.58% −0.19
GODN Golden Star Acquisition Corp. Sold out 0.00% −0.16
HRT Hireright Holdings Corp. Sold out 0.00% −0.15
BFACF Battery Future Acquisition-A Reduce -33.7% 0.33% −0.13
DFS Discover Financial Services Reduce -97.8% 0.00% −0.13
ASBP Aspire-Lakewood Holdings Inc. Sold out 0.00% −0.12
LBAI Lakeland Bancorp Inc. Sold out 0.00% −0.10
NS Nustar Energy LP Sold out 0.00% −0.10
GLST Global Star Acquisition Class A Sold out 0.00% −0.09
BOCN Blue Ocean Acquisition Cor-A Reduce -23.6% 0.35% −0.07
CRTAF Cartica Acquisition Corp. Class A Reduce -28.7% 0.25% −0.07
DSKE Daseke Inc. Sold out 0.00% −0.06
SP SP Plus Corp. Sold out 0.00% −0.06
CERE Cerevel Therapeutics Holding Reduce -9.1% 0.94% −0.06
ACI Albertsons Cos Inc. Class A Reduce -23.3% 0.16% −0.05
EVBG Everbridge Inc. Sold out 0.00% −0.04
X United States Steel Corp. Reduce -23.3% 0.12% −0.04

Portfolio Buys Q1 2024 → Q2 2024
WIRE Encore Wire Corp. New 12.96% +12.96
PWSC Powerschool Holdings Inc. Class A New 4.13% +4.13
HCP Hashicorp Inc. Class A New 4.04% +4.04
EDR Endeavor Group Hold Class A New 3.83% +3.83
ETRN Equitrans Midstream Corp. New 3.58% +3.58
NVEI Nuvei Corp.-Subordinate VTG New 3.18% +3.18
AMK Assetmark Financial Holdings New 2.69% +2.69
PRFT Perficient Inc. New 2.64% +2.64
SLCA US Silica Holdings Inc. New 2.41% +2.41
AGR Avangrid Inc. New 2.04% +2.04
WRK Westrock Co. New 1.92% +1.92
HIBB Hibbett Inc. New 1.64% +1.64
SILK Silk Road Medical Inc. New 1.59% +1.59
MRO Marathon Oil Corp. New 1.59% +1.59
OVERSEAS SHIPHOLDING GROUP-A New 1.19% +1.19
LCW Learn CW Investment Corp. Class A New 0.84% +0.84
MACIU Melar Acquisition Corp. I New 0.80% +0.80
WKME Walkme Ltd. New 0.70% +0.70
SVIIF Spring Valley Acquisition-A Add +38.9% 2.05% +0.69
SRCL Stericycle Inc. New 0.68% +0.68
DYCQ DT Cloud Acquisition Corp. New 0.58% +0.58
CHEB.U Chenghe Acquisition II Co. New 0.46% +0.46
MCAA Mountain & Co. I Acquisition Add +82.2% 0.75% +0.37
ANSC Agriculture & Natural Soluti New 0.28% +0.28
CUBWU Lionheart Holdings New 0.27% +0.27
IVCP Swiftmerge Acquisition Cor-A New 0.14% +0.14
FNVTF Finnovate Acquisition Corp. Class A Add +29.3% 0.43% +0.13
AITR AI Transportation Acquisitio Add +20.0% 0.51% +0.12
HTLF Heartland Financial USA Inc. New 0.11% +0.11
TMTC TMT Acquisition Corp. Class A Add +211.2% 0.15% +0.11
JVSA Jvspac Acquisition Corp. Class A Add +15.0% 0.48% +0.10
CHX Championx Corp. New 0.09% +0.09
PHYTF Pyrophyte Acquisition Corp. Class A Add +0.0% 0.93% +0.09
BKHA Black Hawk Acquisition Cor-A Add +3.1% 0.62% +0.06
TLGYF TLGY Acquisition Corp. Class A Add +9.2% 0.32% +0.05
ALCYF Alchemy Investments Acquisit Add +0.0% 0.44% +0.04
SLAMF Slam Corp. Class A Add +0.6% 0.37% +0.03
ET Energy Transfer LP Add +82.3% 0.04% +0.02
PAA Plains All Amer Pipeline LP Add +80.1% 0.04% +0.02
ANSS Ansys Inc. New 0.00% +0.00
HES Hess Corp. New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 161$1.7BTMHC, GTLS, NUVL, NSA, APGE
Q1 2026 180$1.9BGTLS, HOLX, SEE, MASI, EA
Q4 2025 158$1.7BCADE, CYBR, DAY, CMA, ALEX
Q3 2025 121$1.6BWNS, VRNA, VBTX, COOP, CYBR
Q2 2025 121$1.5BDNB, SWTX, SKX, K, ESGR
Q1 2025Amended 90$1.4BITCI, K, BECN, PYCR, JWN
Q4 2024Amended 91$1.3BSMAR, ROIC, HTLF, K, BARNES GROUP INC
Q3 2024 114$1.5BAGR, MRO, SQSP, SRCL, SMAR
Q2 2024 104$1.1BWIRE, PWSC, HCP, EDR, ETRN
Q1 2024 115$1.2BAEL, TCN, PXD, M D C HLDGS INC, SCRM