Fort Baker Capital Management LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Fort Baker Capital Management LP reported 63 stock positions worth $727.2 million. Its top holding was Frontier Communications Pare (FYBR) at 5.6% of the portfolio, followed by Cyberark Software Ltd./Israel (CYBR, 5.3%) and Warner Bros Discovery (WBD, 5.3%). Compared with Q3 2025, it opened 35 new positions, sold out of 35, added to 7 and reduced 5. The biggest buy was a new position in Warner Bros Discovery (WBD) and the biggest sale an exit from Tegna (TGNA).
- Most Recent 13F
- Q2 2026
- Location
- Larkspur, CA
- CIK
- 0001688382
- Portfolio Value
- $727.2M (Q4 2025)
- SEC Filing
- 0002085853-26-000270 ↗ filed Feb 17, 2026
Holdings Value
Holdings 63 stocks · $727.2M
| FYBR Frontier Communications Pare | 5.58% | 1,066,137 | $40.6M | Add +7.3% |
| CYBR Cyberark Software Ltd./Israel | 5.31% | 86,604 | $38.6M | Reduce -16.5% |
| WBD Warner Bros Discovery Inc. | 5.26% | 1,326,995 | $38.2M | New |
| FTW Eqv Ventures Acquisition C-A | 5.15% | 3,570,433 | $37.5M | No change |
| CWAN Clearwater Analytics HDS-A | 5.07% | 1,529,288 | $36.9M | New |
| EXAS Exact Sciences Corp. | 4.99% | 357,000 | $36.3M | New |
| CCIX Churchill Capital Corp. Ix | 4.14% | 2,833,119 | $30.1M | No change |
| BCSS Bain Capital GSS Inv- A | 3.85% | 2,779,646 | $28.0M | Add +113.3% |
| HAYMAKER ACQUISITION CORP 4 | 3.66% | 2,337,220 | $26.6M | No change |
| FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III | 3.58% | 2,529,121 | $26.0M | New |
| FOX Fox Corp. Class B | 3.45% | 386,475 | $25.1M | New |
| EA Electronic Arts Inc. | 3.25% | 115,709 | $23.6M | New |
| CCXIU Churchill Capital Corp. Xi | 3.16% | 2,252,979 | $23.0M | New |
| ANSC Agriculture & Natural Soluti | 2.89% | 1,879,630 | $21.0M | Add +100.6% |
| HOLX Hologic Inc. | 2.86% | 279,139 | $20.8M | New |
| DAY Dayforce Inc. | 2.57% | 270,010 | $18.7M | Reduce -16.8% |
| DRDB Roman DBDR Acquisition Corp. | 2.19% | 1,523,746 | $15.9M | Add +66.8% |
| KBONU Karbon Capital Partners Corp. | 2.08% | 1,499,756 | $15.1M | New |
| IMXI International Money Express | 2.01% | 951,582 | $14.6M | New |
| GTEN Gores Holdings X Inc. Class A | 2.01% | 1,423,190 | $14.6M | Add +67.4% |
| RNAM Avidity Biosciences Inc. | 1.78% | 178,980 | $12.9M | New |
| LBRDK Liberty Broadband-C | 1.74% | 260,279 | $12.6M | Reduce -59.0% |
| NESR National Energy Services Reu | 1.69% | 783,649 | $12.3M | Reduce -4.2% |
| GSHR Gesher Acquisition Corp. II-A | 1.54% | 1,091,570 | $11.2M | No change |
| ONEN One Nuclear Energy Inc. filed as HENNESSY CAP INVT CORP VII | 1.37% | 963,922 | $10.0M | Reduce -4.5% |
| CRANU Crane Harbor Acquisition Cor | 1.35% | 977,582 | $9.8M | New |
| GFUZ General Fusion Group Ltd. filed as SPRING VY ACQUISITION CORP I | 1.33% | 950,500 | $9.6M | No change |
| NGD New Gold Inc. | 1.23% | 1,025,660 | $8.9M | New |
| TONT Graf Global Corp. Class A | 1.22% | 826,358 | $8.9M | New |
| PMTR Perimeter Acquis Corp. I Class A | 1.13% | 800,000 | $8.2M | No change |
| DSACU Daedalus Special Acquisition | 1.09% | 790,000 | $7.9M | New |
| DYOR Insight Digital Partners I-A | 0.94% | 691,455 | $6.9M | New |
| HCACU Hall Chadwick Acquisition Co. | 0.90% | 650,000 | $6.5M | New |
| VHCPU Vine Hill Capital Investment | 0.83% | 600,000 | $6.0M | New |
| LBRDA Liberty Broadband-A | 0.66% | 100,075 | $4.8M | New |
| ALDF Aldel Financial II Inc. | 0.66% | 454,193 | $4.8M | No change |
| PLYM Plymouth Industrial REIT Inc. | 0.50% | 165,899 | $3.6M | New |
| CCII Cohen Circle Acquisit II - A | 0.50% | 352,248 | $3.6M | Add +76.1% |
| TACO Berto Acquisition Corp. | 0.49% | 352,163 | $3.6M | New |
| APXT Apex Treasury Corp. Class A | 0.48% | 350,000 | $3.5M | New |
| REVG Rev Group Inc. | 0.45% | 53,194 | $3.2M | New |
| PCAP Procap Acquisition Corp. Class A | 0.42% | 303,781 | $3.1M | No change |
| AXIN Axiom Intelligence Class A | 0.41% | 300,000 | $3.0M | New |
| SOCA Solarius Capital Acquis Class A | 0.41% | 300,000 | $3.0M | No change |
| EVAC Eqv Ventures Acquisition C-A | 0.41% | 300,000 | $3.0M | Add +500.0% |
| NSTR Northstar Earth & Space Ente filed as VIKING ACQUISITION CORP I | 0.41% | 300,000 | $3.0M | New |
| EVOX Evolution Global Acquis Class A | 0.41% | 300,000 | $3.0M | New |
| RAC Rithm Acquisition Corp. Class A | 0.36% | 250,405 | $2.6M | No change |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 0.35% | 195,162 | $2.5M | New |
| OTGA Otg Acquisition Corp. I Class A | 0.34% | 250,000 | $2.5M | No change |
| CENX Century Aluminum Company | 0.32% | 60,000 | $2.4M | New |
| AACB Artius II Acquisition Inc. Class A | 0.29% | 207,736 | $2.1M | New |
| TDWD Tailwind 2.0 Acquisitio Class A | 0.20% | 150,000 | $1.5M | New |
| RCUS Arcus Biosciences Inc. | 0.17% | 52,523 | $1.3M | New |
| KGS Kodiak Gas Services Inc. | 0.15% | 29,800 | $1.1M | New |
| SOC Sable Offshore Corp. | 0.14% | 112,047 | $1.0M | New |
| POLE Andretti Acquisition Corp. Class A | 0.07% | 50,254 | $528K | New |
| SAC.U Safeguard Acquisition Corp. | 0.07% | 50,000 | $504K | New |
| FCRS Futurecrest Acquisition Class A | 0.03% | 25,000 | $253K | No change |
| FIGX Figx Capital Acquisition C-A | 0.03% | 25,000 | $252K | No change |
| BLZR Trailblazer Acquisition Class A | 0.03% | 25,000 | $250K | No change |
| CAEP Cantor Equity Partners III-A | 0.01% | 10,000 | $102K | No change |
| HCMA HCM III Acquisition Cor Class A | 0.01% | 10,000 | $100K | No change |
Options reported separately and not counted above: WBD calls ($10.4M), WBD puts ($5.7M).
Other holdings (50): bonds, preferreds, convertibles and warrants · $172.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 17,500,000 | $17.3M | New |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 17,721,000 | $16.8M | New |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 1,894,484 | $16.0M | Add +26.7% |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 14,035,000 | $13.9M | New |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | 12,974,000 | $12.7M | New |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 11,366,000 | $11.2M | New |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 10,000,000 | $10.0M | New |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | 9,377,000 | $9.5M | New |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 9,645,000 | $9.3M | New |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 8,801,000 | $8.9M | New |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 9,500,000 | $8.8M | New |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | 7,107,000 | $8.1M | New |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 5,000,000 | $5.0M | New |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 5,000,000 | $5.0M | New |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 5,000,000 | $4.1M | New |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | 3,691,000 | $3.5M | New |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 2,996,000 | $3.0M | New |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | 2,630,000 | $2.6M | New |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 2,500,000 | $2.5M | New |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | 414,139 | $1.1M | Add +199.6% |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 378,861 | $434K | New |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 747,753 | $338K | New |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | 406,531 | $265K | Add +56.0% |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | 366,149 | $259K | Reduce -8.5% |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | 402,823 | $246K | No change |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 226,983 | $201K | Reduce -18.5% |
| GFUZW Spring Valley Acq Co. -30 | *W EXP 09/04/203 | 314,936 | $196K | Reduce -0.5% |
| GSHRW Gesher Acquisition Corp. I-30 | *W EXP 10/31/203 | 450,000 | $185K | No change |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | 212,500 | $181K | No change |
| BULLW Webull Corp.-30 | *W EXP 04/10/203 | 60,208 | $172K | New |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 177,672 | $151K | Add +108.6% |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | 53,670 | $97K | No change |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 213,522 | $68K | New |
| EVOXW Evolution Global Acquisition | *W EXP 10/22/203 | 150,000 | $62K | New |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | 250,000 | $53K | No change |
| DYORW Insight Digital Partners II | *W EXP 10/28/203 | 150,000 | $50K | New |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 | 175,000 | $49K | New |
| TLSIW Medtech Acquisition Corp.-CW | *W EXP 08/10/202 | 26,474 | $44K | New |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | 162,698 | $44K | Add +66.6% |
| CHACR Crane Harbor Acquisition-RTS | RIGHT 04/17/2030 | 54,576 | $44K | New |
| SOCAW Solarius Capital Acqui -30 | *W EXP 07/10/203 | 149,998 | $42K | No change |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | 183,291 | $41K | Reduce -39.4% |
| OTGAW Otg Acquisition Corp. I - 30 | *W EXP 09/05/203 | 125,000 | $40K | No change |
| NSTR.WS Viking Acquisition Corp. I | *W EXP 11/03/203 | 100,000 | $39K | New |
| PCAPW Procap Acq Corp. A -30 | *W EXP 05/16/203 | 101,260 | $38K | No change |
| CCIIW Cohen Circle Acq II -30 | *W EXP 07/01/203 | 50,000 | $35K | No change |
| PEW.WS Grabagun Digital Holdings Inc. | *W EXP 99/99/999 | 70,992 | $27K | No change |
| TDWDR Tailwind 2.0 Acquisition-RTS | RIGHT 11/07/2030 | 150,000 | $25K | New |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | 16,666 | $6K | No change |
| FIGXW Figx Capital Acquisition Cor | *W EXP 06/17/203 | 12,500 | $3K | No change |
Total filed on the 13F, all lines: $899.9M.
Portfolio Sells Q3 2025 → Q4 2025
| TGNA Tegna Inc. | Sold out | 0.00% | −5.85 |
| LBRDK Liberty Broadband-C | Reduce -59.0% | 1.74% | −5.15 |
| INFQ Infleqtion Inc. | Sold out | 0.00% | −3.78 |
| CYBR Cyberark Software Ltd./Israel | Reduce -16.5% | 5.31% | −3.24 |
| REDFIN CORP (RDFN 0.5 04/01/27) | Sold out | 0.00% | −2.87 |
| CABLE ONE INC (CABO 0 03/15/26) | Sold out | 0.00% | −2.34 |
| MLNK Meridianlink Inc. | Sold out | 0.00% | −2.28 |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | Sold out | 0.00% | −2.16 |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | Sold out | 0.00% | −1.69 |
| ENOVIS CORP (ENOV 3.875 10/15/28) | Sold out | 0.00% | −1.63 |
| PENNYMAC CORP (PMT 5.5 03/15/26) | Sold out | 0.00% | −1.60 |
| UAA Under Armour Inc. Class A | Sold out | 0.00% | −1.47 |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | Sold out | 0.00% | −1.39 |
| DOLE Dole PLC | Sold out | 0.00% | −1.27 |
| DAY Dayforce Inc. | Reduce -16.8% | 2.57% | −1.25 |
| EVOLENT HEALTH INC (EVH 3.5 12/01/29) | Sold out | 0.00% | −1.12 |
| CONMED CORP (CNMD 2.25 06/15/27) | Sold out | 0.00% | −1.09 |
| VAIL RESORTS INC (MTN 0 01/01/26) | Sold out | 0.00% | −0.84 |
| COMP Compass Inc. Class A | Sold out | 0.00% | −0.76 |
| UGI CORP (UGI 5 06/01/28) | Sold out | 0.00% | −0.70 |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | Sold out | 0.00% | −0.59 |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | Sold out | 0.00% | −0.59 |
| SOUTHERN CO (SO 3.875 12/15/25) | Sold out | 0.00% | −0.52 |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | Sold out | 0.00% | −0.50 |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | Sold out | 0.00% | −0.49 |
| BRR Columbus Circle Capital Co. Class A | Sold out | 0.00% | −0.48 |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | Sold out | 0.00% | −0.45 |
| DLO Dlocal Ltd. | Sold out | 0.00% | −0.43 |
| RAPP Rapport Therapeutics Inc. | Sold out | 0.00% | −0.41 |
| ONEN One Nuclear Energy Inc. | Reduce -4.5% | 1.37% | −0.38 |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | Sold out | 0.00% | −0.37 |
| RWT HOLDINGS INC (RWT 5.75 10/01/25) | Sold out | 0.00% | −0.34 |
| RDW Redwire Corp. | Sold out | 0.00% | −0.32 |
| EVENTBRITE INC (EB 0.75 09/15/26) | Sold out | 0.00% | −0.31 |
| RIG Transocean Ltd. | Sold out | 0.00% | −0.27 |
| SMLR Semler Scientific Inc. | Sold out | 0.00% | −0.25 |
| EVENTBRITE INC (EB 5 12/01/25) | Sold out | 0.00% | −0.16 |
| CEPT Cantor Equity Partners Class A | Sold out | 0.00% | −0.13 |
| CEPF Cantor Equity Partners Class A | Sold out | 0.00% | −0.04 |
| NESR National Energy Services Reu | Reduce -4.2% | 1.69% | +0.26 |
Portfolio Buys Q3 2025 → Q4 2025
| WBD Warner Bros Discovery Inc. | New | 5.26% | +5.26 |
| CWAN Clearwater Analytics HDS-A | New | 5.07% | +5.07 |
| EXAS Exact Sciences Corp. | New | 4.99% | +4.99 |
| FAC Factorial Energy Inc. | New | 3.58% | +3.58 |
| FOX Fox Corp. Class B | New | 3.45% | +3.45 |
| EA Electronic Arts Inc. | New | 3.25% | +3.25 |
| CCXIU Churchill Capital Corp. Xi | New | 3.16% | +3.16 |
| HOLX Hologic Inc. | New | 2.86% | +2.86 |
| KBONU Karbon Capital Partners Corp. | New | 2.08% | +2.08 |
| IMXI International Money Express | New | 2.01% | +2.01 |
| RNAM Avidity Biosciences Inc. | New | 1.78% | +1.78 |
| BCSS Bain Capital GSS Inv- A | Add +113.3% | 3.85% | +1.61 |
| CRANU Crane Harbor Acquisition Cor | New | 1.35% | +1.35 |
| NGD New Gold Inc. | New | 1.23% | +1.23 |
| TONT Graf Global Corp. Class A | New | 1.22% | +1.22 |
| ANSC Agriculture & Natural Soluti | Add +100.6% | 2.89% | +1.15 |
| DSACU Daedalus Special Acquisition | New | 1.09% | +1.09 |
| DYOR Insight Digital Partners I-A | New | 0.94% | +0.94 |
| HCACU Hall Chadwick Acquisition Co. | New | 0.90% | +0.90 |
| VHCPU Vine Hill Capital Investment | New | 0.83% | +0.83 |
| LBRDA Liberty Broadband-A | New | 0.66% | +0.66 |
| DRDB Roman DBDR Acquisition Corp. | Add +66.8% | 2.19% | +0.58 |
| GTEN Gores Holdings X Inc. Class A | Add +67.4% | 2.01% | +0.52 |
| PLYM Plymouth Industrial REIT Inc. | New | 0.50% | +0.50 |
| TACO Berto Acquisition Corp. | New | 0.49% | +0.49 |
| APXT Apex Treasury Corp. Class A | New | 0.48% | +0.48 |
| REVG Rev Group Inc. | New | 0.45% | +0.45 |
| AXIN Axiom Intelligence Class A | New | 0.41% | +0.41 |
| NSTR Northstar Earth & Space Ente | New | 0.41% | +0.41 |
| EVOX Evolution Global Acquis Class A | New | 0.41% | +0.41 |
| JAMF Jamf Holding Corp. | New | 0.35% | +0.35 |
| EVAC Eqv Ventures Acquisition C-A | Add +500.0% | 0.41% | +0.33 |
| CENX Century Aluminum Company | New | 0.32% | +0.32 |
| AACB Artius II Acquisition Inc. Class A | New | 0.29% | +0.29 |
| TDWD Tailwind 2.0 Acquisitio Class A | New | 0.20% | +0.20 |
| RCUS Arcus Biosciences Inc. | New | 0.17% | +0.17 |
| KGS Kodiak Gas Services Inc. | New | 0.15% | +0.15 |
| CCII Cohen Circle Acquisit II - A | Add +76.1% | 0.50% | +0.15 |
| SOC Sable Offshore Corp. | New | 0.14% | +0.14 |
| POLE Andretti Acquisition Corp. Class A | New | 0.07% | +0.07 |
| SAC.U Safeguard Acquisition Corp. | New | 0.07% | +0.07 |
| FYBR Frontier Communications Pare | Add +7.3% | 5.58% | −0.75 |
Options Activity Q3 2025 → Q4 2025
| TGNA Tegna Inc. | call | Sold out | 542,000 | $11.0Mbefore exit |
| WBD Warner Bros Discovery Inc. | call | New | 360,200 | $10.4M |
| VRNT Verint Systems Inc. | call | Sold out | 400,000 | $8.1Mbefore exit |
| WBD Warner Bros Discovery Inc. | put | New | 197,200 | $5.7M |
| DAY Dayforce Inc. | call | Sold out | 71,800 | $4.9Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | New | 17,500,000 | $17.3M |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | New | 17,721,000 | $16.8M |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Add +26.7% | 1,894,484 | $16.0M |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | New | 14,035,000 | $13.9M |
| ZIFF DAVIS INC (ZD 1.75 11/01/26) | NOTE 1.750%11/0 · principal | New | 12,974,000 | $12.7M |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | New | 11,366,000 | $11.2M |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | New | 10,000,000 | $10.0M |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | New | 9,377,000 | $9.5M |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | New | 9,645,000 | $9.3M |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | New | 8,801,000 | $8.9M |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | New | 9,500,000 | $8.8M |
| RIOT PLATFORMS INC (RIOT 0.75 01/15/30) | NOTE 0.750% 1/1 · principal | New | 7,107,000 | $8.1M |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | New | 5,000,000 | $5.0M |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | New | 5,000,000 | $5.0M |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | New | 5,000,000 | $4.1M |
| SPECTRUM BRANDS INC (SPB 3.375 06/01/29) | NOTE 3.375% 6/0 · principal | New | 3,691,000 | $3.5M |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | New | 2,996,000 | $3.0M |
| CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29) | NOTE 5.125%11/1 · principal | New | 2,630,000 | $2.6M |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | New | 2,500,000 | $2.5M |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | Sold out | 437,942 | $1.6Mbefore exit |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | Add +199.6% | 414,139 | $1.1M |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | New | 378,861 | $434K |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | Sold out | 848,590 | $379Kbefore exit |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | New | 747,753 | $338K |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | Add +56.0% | 406,531 | $265K |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | Reduce -8.5% | 366,149 | $259K |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | Reduce -18.5% | 226,983 | $201K |
| GFUZW Spring Valley Acq Co. -30 | *W EXP 09/04/203 | Reduce -0.5% | 314,936 | $196K |
| BRRWW Columbus Circle Capital -30 | *W EXP 05/16/203 | Sold out | 150,000 | $180Kbefore exit |
| BULLW Webull Corp.-30 | *W EXP 04/10/203 | New | 60,208 | $172K |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | Add +108.6% | 177,672 | $151K |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | Sold out | 138,799 | $148Kbefore exit |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | New | 213,522 | $68K |
| EVOXW Evolution Global Acquisition | *W EXP 10/22/203 | New | 150,000 | $62K |
| MCGAW Yorkville Acquisition - 30 | *W EXP 06/06/203 | Sold out | 50,000 | $60Kbefore exit |
| RTACW Renatus Tactical Acqu - 30 | *W EXP 05/15/203 | Sold out | 47,029 | $56Kbefore exit |
| DYORW Insight Digital Partners II | *W EXP 10/28/203 | New | 150,000 | $50K |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 | New | 175,000 | $49K |
| TLSIW Medtech Acquisition Corp.-CW | *W EXP 08/10/202 | New | 26,474 | $44K |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | Add +66.6% | 162,698 | $44K |
| CHACR Crane Harbor Acquisition-RTS | RIGHT 04/17/2030 | New | 54,576 | $44K |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | Reduce -39.4% | 183,291 | $41K |
| NSTR.WS Viking Acquisition Corp. I | *W EXP 11/03/203 | New | 100,000 | $39K |
| TDWDR Tailwind 2.0 Acquisition-RTS | RIGHT 11/07/2030 | New | 150,000 | $25K |
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 | 60 | $1.0B | WBD, NSC, EA, AES, LBRDK |
| Q1 2026 | 60 | $952.7M | WBD, EA, AES, MASI, NSC |
| Q4 2025 | 63 | $727.2M | FYBR, CYBR, WBD, FTW, CWAN |
| Q3 2025 | 64 | $586.0M | CYBR, LBRDK, FYBR, FTW, TGNA |
| Q2 2025 | 60 | $569.4M | ARES ACQUISITION CORP II, SKX, FYBR, FTW, NWSA |
| Q1 2025 | 22 | $319.9M | ARES ACQUISITION CORP II, FYBR, NWSA, DNB, CCIX |
| Q4 2024 | 27 | $400.2M | K, FYBR, ESGR, CCIX, LBRDK |
| Q3 2024 | 19 | $233.3M | LBRDK, SMAR, CCIX, ESGR, K |
| Q2 2024 | 19 | $381.1M | HIBB, LGF.B, SBOW, X, LBRDK |
| Q1 2024 | 14 | $235.8M | LGF.B, X, NWSA, CPRI, LBRDK |