Governors Lane LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Governors Lane LP reported 110 stock positions worth $797.2 million. Its top holding was Norfolk Southern (NSC) at 8.3% of the portfolio, followed by Warner Bros Discovery (WBD, 6.9%) and Electronic Arts (EA, 4.7%). Compared with Q4 2025, it opened 28 new positions, sold out of 32, added to 17 and reduced 17. The biggest buy was Norfolk Southern (NSC, shares +16%) and the biggest sale an exit from Bank of America (BAC).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001644187
- Portfolio Value
- $797.2M (Q1 2026)
- SEC Filing
- 0001644187-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 110 stocks · $797.2M
| NSC Norfolk Southern Corp. | 8.26% | 229,334 | $65.8M | Add +16.2% |
| WBD Warner Bros Discovery Inc. | 6.89% | 2,001,510 | $55.0M | Reduce -11.3% |
| EA Electronic Arts Inc. | 4.66% | 182,402 | $37.2M | Reduce -22.1% |
| JHG Janus Henderson Group PLC | 3.43% | 532,530 | $27.4M | Add +326.0% |
| TXNM TXNM Energy Inc. | 3.26% | 444,414 | $26.0M | Reduce -50.7% |
| SHW The Sherwin-Williams Co. | 2.72% | 67,744 | $21.7M | New |
| QRVO Qorvo Inc. | 2.48% | 254,976 | $19.7M | Add +64.3% |
| AES AES Corp. | 2.35% | 1,331,984 | $18.8M | Add +158.8% |
| HOLX Hologic Inc. | 1.67% | 175,964 | $13.3M | Reduce -30.7% |
| NWAX New America Acquisition Class A | 1.64% | 1,304,637 | $13.1M | Add +8.3% |
| COF Capital One Financial Corp. | 1.53% | 66,991 | $12.2M | New |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.46% | 8,798 | $11.6M | Reduce -22.3% |
| FERA Fifth Era Acquisition Corp. Class A | 1.46% | 1,124,952 | $11.6M | No change |
| CEPT Cantor Equity Partners Class A | 1.45% | 1,061,282 | $11.6M | Reduce -9.2% |
| PMTR Perimeter Acquis Corp. I Class A | 1.44% | 1,116,900 | $11.5M | No change |
| NKE Nike Inc. Class B | 1.42% | 215,000 | $11.4M | Reduce -27.7% |
| META Meta Platforms Inc. Class A | 1.42% | 19,730 | $11.3M | New |
| KBON Karbon Capital Partners Class A | 1.39% | 1,100,000 | $11.1M | No change |
| PCAP Procap Acquisition Corp. Class A | 1.36% | 1,063,797 | $10.8M | No change |
| IVZ Invesco Ltd. | 1.30% | 427,500 | $10.4M | Add +29.2% |
| EVOX Evolution Global Acquis Class A | 1.30% | 1,039,500 | $10.4M | No change |
| RDAG Republic Digital Acquis Class A | 1.28% | 997,199 | $10.2M | No change |
| HCMA HCM III Acquisition Cor Class A | 1.28% | 1,009,055 | $10.2M | Add +0.9% |
| ECHO Echostar Corp. Class A | 1.26% | 85,700 | $10.0M | Reduce -56.5% |
| SVAQ Silicon Valley Acquisit Class A | 1.24% | 1,000,000 | $9.9M | No change |
| KRAQ Krakacquisition Corp. Class A | 1.24% | 1,000,000 | $9.9M | New |
| ARCI Archimedes Tech Spac Partner | 1.24% | 1,000,000 | $9.8M | New |
| CEPV Cantor Equity Partners Class A | 1.23% | 971,570 | $9.8M | Add +0.0% |
| ALLY Ally Financial Inc. | 1.18% | 239,233 | $9.4M | Reduce -47.9% |
| RTAC Renatus Tactical Acquisiti-A | 1.13% | 879,582 | $9.0M | Reduce -0.1% |
| NPAC New Providence Acquisition-A | 1.13% | 874,820 | $9.0M | Add +2.9% |
| CEPF Cantor Equity Partners Class A | 1.12% | 877,821 | $8.9M | No change |
| CRAN Crane Harbor Acquisitio Class A | 1.12% | 900,000 | $8.9M | Add +20.0% |
| AEXA American Exceptionalism Class A | 1.12% | 820,990 | $8.9M | Reduce -9.1% |
| FCRS Futurecrest Acquisition Class A | 1.07% | 850,000 | $8.6M | No change |
| ATII Archimedes Tech Spac Partner | 0.99% | 759,556 | $7.9M | Add +0.1% |
| ONCH 1RT Acquisition Corp. Class A | 0.95% | 750,000 | $7.6M | Add +43.5% |
| WENN Wen Acquisition Corp. Class A | 0.93% | 730,000 | $7.4M | No change |
| MEVO M Evo Global Acquisitio Class A filed as M EVO GBL ACQUISITION CORP I | 0.93% | 750,000 | $7.4M | New |
| GFUZ General Fusion Group Ltd. filed as SPRING VY ACQUISITION CORP I | 0.89% | 701,526 | $7.1M | Add +40.1% |
| GTEN Gores Holdings X Inc. Class A | 0.86% | 672,658 | $6.9M | No change |
| PTOR Praetorian Acquisition Cor-A | 0.86% | 700,000 | $6.9M | New |
| TECK Teck Resources Ltd.-CLS B | 0.83% | 127,151 | $6.6M | No change |
| BEAG Bold Eagle Acquisition Cor-A | 0.80% | 601,215 | $6.3M | Add +0.2% |
| ALUB Alussa Energy Acquisit II-A | 0.77% | 613,500 | $6.1M | Add +2.3% |
| DKS Dick's Sporting Goods Inc. | 0.74% | 29,800 | $5.9M | New |
| CSGS CSG Systems Intl Inc. | 0.73% | 72,540 | $5.8M | No change |
| AMZN Amazon.com Inc. | 0.73% | 27,800 | $5.8M | Reduce -82.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.72% | 16,985 | $5.7M | Reduce -85.7% |
| SLAB Silicon Laboratories Inc. | 0.66% | 25,311 | $5.3M | New |
| SZZL Sizzle Acquisition Corp. Class A | 0.64% | 500,000 | $5.1M | No change |
| MESH Meshflow Acquisition Co. Class A | 0.62% | 500,000 | $4.9M | No change |
| TVA Texas Ventures Acquisition-A | 0.58% | 446,058 | $4.6M | Reduce -4.7% |
| KCHV Kochav Defense Acquisition-A | 0.58% | 450,000 | $4.6M | No change |
| PAII Pyrophyte Acquisition Corp. Class A | 0.55% | 435,274 | $4.4M | Add +4.4% |
| RNGT Range Capital Acquisit Class A | 0.53% | 418,870 | $4.2M | No change |
| CLBR Colombier Acq III Class A | 0.52% | 410,532 | $4.1M | New |
| BCAR D. Boral Arc Acquisit Class A | 0.51% | 400,000 | $4.0M | New |
| SBXE Silverbox Corp. V Class A | 0.50% | 400,000 | $4.0M | No change |
| TWO Two Harbors Investment Corp. | 0.47% | 329,500 | $3.8M | New |
| NTWO Newbury Street II Ac Class A | 0.46% | 350,000 | $3.7M | No change |
| UNF Unifirst Corp. | 0.44% | 14,055 | $3.5M | Reduce -6.9% |
| LWAC Lightwave Acquisition Corp. Class A | 0.44% | 342,966 | $3.5M | No change |
| LPCV Launchpad Cadenza Acqui Class A | 0.43% | 350,000 | $3.5M | No change |
| CCII Cohen Circle Acquisit II - A | 0.42% | 329,018 | $3.4M | No change |
| OACC Oaktree Acquisition Corp. I-A | 0.40% | 300,000 | $3.2M | No change |
| PVH PVH Corp. | 0.39% | 44,100 | $3.1M | New |
| CCXI Churchill Capital Corp. Class A | 0.38% | 300,000 | $3.0M | Add +112.0% |
| AXIN Axiom Intelligence Class A | 0.38% | 300,000 | $3.0M | No change |
| APXT Apex Treasury Corp. Class A | 0.37% | 300,000 | $3.0M | No change |
| IPXG Inflection Point Acquisition filed as COLUMBUS CIRCLE CAP CORP II | 0.37% | 300,000 | $2.9M | New |
| CCO Clear Channel Outdoor Holdin | 0.36% | 1,203,000 | $2.9M | New |
| PYPL PayPal Holdings Inc. | 0.35% | 61,960 | $2.8M | New |
| RSP Invesco S&P 500 Equal Weight | 0.34% | 14,178 | $2.7M | New |
| NHIC Newhold Investment Cor III-A | 0.33% | 254,190 | $2.6M | No change |
| RANG Range Capital Acquisition Co. | 0.33% | 250,000 | $2.6M | No change |
| DMAA Drugs Made in America Acquis | 0.33% | 250,000 | $2.6M | No change |
| AACB Artius II Acquisition Inc. Class A | 0.32% | 250,000 | $2.6M | No change |
| GSRF GSR IV Acquisition Corp. Class A | 0.31% | 250,000 | $2.5M | No change |
| KPET.U Kpet Ultra Paceline Corp. | 0.31% | 250,000 | $2.5M | New |
| SAC Safeguard Acquisition C Class A | 0.30% | 241,649 | $2.4M | No change |
| SVIV Spring Valley Acquisitio-A | 0.29% | 231,499 | $2.3M | New |
| QGEN Qiagen N.V. | 0.28% | 55,022 | $2.2M | New |
| TDAC Translational Development Ac | 0.27% | 204,229 | $2.2M | No change |
| IEAGU Infinite Eagle Acquisition C | 0.25% | 200,000 | $2.0M | New |
| BDCI BTC Development Corp. Class A | 0.25% | 200,000 | $2.0M | No change |
| SAAQ Space Asset Acquisition Class A | 0.25% | 200,000 | $2.0M | New |
| TDS Telephone and Data Systems | 0.23% | 43,386 | $1.8M | Reduce -40.4% |
| HACQU HCM IV Acquisition Corp. | 0.22% | 175,000 | $1.8M | New |
| HCAC Hall Chadwick Acquisition-A | 0.22% | 175,000 | $1.7M | No change |
| HVMC Highview Merger Corp. Class A | 0.19% | 153,935 | $1.5M | No change |
| BLZR Trailblazer Acquisition Class A | 0.19% | 150,000 | $1.5M | No change |
| OIM Oneim Acquisition Class-A | 0.19% | 150,000 | $1.5M | New |
| DYOR Insight Digital Partners I-A | 0.19% | 150,000 | $1.5M | No change |
| BIXI Bitcoin Infrastructure Class A | 0.19% | 150,000 | $1.5M | No change |
| DNMX Dynamix Corp. III Class A | 0.19% | 150,000 | $1.5M | No change |
| KRE SS SPDR S&P Regional Bank | 0.18% | 22,066 | $1.4M | New |
| KMB Kimberly-Clark Corp. | 0.13% | 10,813 | $1.0M | Reduce -77.2% |
| CRAQ Cal Redwood Acquisit Class A | 0.13% | 100,000 | $1.0M | No change |
| OBA Oxley Bridge Acquisitio Class A | 0.13% | 100,000 | $1.0M | No change |
| PACH Pioneer Acquisition I Class A | 0.13% | 100,000 | $1.0M | No change |
| CEPS Cantor Equity Partners Vi -A | 0.13% | 100,000 | $1.0M | New |
| ADAC American Drive Acquisit Class A | 0.12% | 100,000 | $990K | No change |
| ALF Centurion Acquisition Corp. | 0.09% | 70,125 | $755K | No change |
| OVV Ovintiv Inc. | 0.08% | 10,574 | $628K | New |
| MBVI M3-Brigade Acquisition Class A | 0.06% | 50,000 | $503K | No change |
| IGAC Invest Green Acquisitio Class A | 0.06% | 50,000 | $497K | No change |
| TDWD Tailwind 2.0 Acquisitio Class A | 0.06% | 50,000 | $496K | No change |
| JENA Jena Acquisition Corp. II - A | 0.06% | 46,371 | $474K | No change |
| SAN Banco Santander SA-Spon ADR | 0.05% | 32,260 | $364K | New |
Options reported separately and not counted above: TSM calls ($149.7M), HYG puts ($131.0M), META calls ($92.1M), FDX puts ($75.5M), LITE puts ($46.7M), ASML calls ($43.6M), WMT puts ($37.3M), SBUX puts ($31.4M), AMZN calls ($24.7M), RGA puts ($20.2M), SHW puts ($17.6M), WBD puts ($17.4M), and 11 more.
Other holdings (57): bonds, preferreds, convertibles and warrants · $4.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RAAQW REAL ASSET AQC Corp -30 | *W EXP 04/24/203 | 303,350 | $403K | No change |
| NWAX.WS New America Acquisition I Co. | *W EXP 99/99/999 | 652,318 | $326K | Add +8.3% |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | 377,528 | $260K | Reduce -11.7% |
| EVOXW Evolution Global Acquisition | *W EXP 10/22/203 | 500,000 | $185K | No change |
| PLMKW Plum Acquisition Corp. IV-30 | *W EXP 08/19/202 | 350,000 | $157K | No change |
| KRAQW Krakacq Corp. -31 | *W EXP 12/23/203 | 250,000 | $150K | New |
| SVAQW Silicon Valley Acquisition C | *W EXP 12/08/203 | 500,000 | $142K | No change |
| ARCIW Archimedes Tech Spac Partner | *W EXP 01/23/203 | 250,000 | $134K | New |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 300,000 | $132K | No change |
| CRANR Crane Harbor Acquisition-RTS | RIGHT 12/09/2030 | 750,000 | $131K | No change |
| MEVOW M Evo Global Acq -31 | *W EXP 02/18/203 | 375,000 | $127K | New |
| KBONW Karbon Capital Partners Corp. | *W EXP 12/11/203 | 275,000 | $127K | No change |
| RTACW Renatus Tactical Acqu - 30 | *W EXP 05/15/203 | 260,475 | $121K | No change |
| KCHVR Kochav Defense Acquisition-R | RIGHT 05/21/2030 | 450,000 | $104K | No change |
| ATIIW Archimedes Tech-30 | *W EXP 10/15/202 | 197,403 | $101K | No change |
| PCAPW Procap Acq Corp. A -30 | *W EXP 05/16/203 | 316,967 | $95K | No change |
| SZZLR Sizzle Acquisition Corp. -RTS | RIGHT 04/02/2030 | 500,000 | $88K | No change |
| SVIAW Procap Financial Inc. | *W EXP 12/05/203 | 300,800 | $84K | No change |
| HCMAW HCM III Acquisition Corp. -30 | *W EXP 07/23/203 | 187,118 | $84K | No change |
| WENNW Wen Acquisition Corp.-A -31 | *W EXP 99/99/999 | 239,531 | $83K | No change |
| PTORW Praetorian Acquisition Corp. | *W EXP 01/16/203 | 233,333 | $75K | New |
| ALUB.WS Alussa Energy Acquisition-30 | *W EXP 99/99/999 | 199,999 | $72K | No change |
| GFUZW Spring Valley Acq Co. -30 | *W EXP 09/04/203 | 69,244 | $72K | Reduce -35.3% |
| FCRS.WS Futurecrest Acquisition Corp. | *W EXP 09/30/203 | 112,498 | $66K | Reduce -18.2% |
| PAII.WS Pyrophyte Acquisition Corp. I | *W EXP 07/30/203 | 200,000 | $66K | No change |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | 195,760 | $56K | No change |
| SAAQW Space Asset Acquisition Corp. | *W EXP 03/31/203 | 66,666 | $52K | New |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | 300,000 | $51K | No change |
| MESHW Meshflow Acquisition Corp. | *W EXP 11/20/203 | 166,666 | $50K | No change |
| RNGTW Range Capital Acquisition Co. | *W EXP 09/29/203 | 150,000 | $50K | No change |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 158,545 | $48K | Reduce -47.1% |
| SBXE.WS Silverbox Corp. V | *W EXP 09/16/203 | 133,333 | $46K | No change |
| SAC.WS Safeguard Acquisition Corp. | *W EXP 99/99/999 | 120,824 | $44K | No change |
| SVIVW Spring Valley Acquisition Co. | *W EXP 01/22/203 | 57,874 | $42K | New |
| CLBR.WS Colombier Acquisition - 31 | *W EXP 12/31/203 | 51,316 | $41K | New |
| HCACR Hall Chadwick Acquisi-Rights | RIGHT 11/20/2030 | 175,000 | $40K | No change |
| LWACW Lightwave Acquisition Corp. | *W EXP 06/06/203 | 150,000 | $38K | No change |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | 78,927 | $35K | No change |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 | 150,000 | $35K | No change |
| IPXGW Columbus Circle Capital Corp. | *W EXP 02/11/203 | 99,999 | $35K | New |
| NPACW New Providence Acq A -CW28 | *W EXP 04/24/203 | 166,666 | $32K | No change |
| LPCVW Launchpad Cadenza Acquisitio | *W EXP 12/15/203 | 116,666 | $25K | No change |
| DYORW Insight Digital Partners II | *W EXP 10/28/203 | 75,000 | $23K | No change |
| CCXIW Churchill Capital Corp. Xi | *W EXP 12/10/203 | 30,000 | $23K | Add +112.0% |
| BIXIW Bitcoin Infrastructure Acqui | *W EXP 11/06/203 | 75,000 | $22K | No change |
| DNMXW Dynamix Corp. III | *W EXP 10/10/203 | 75,000 | $22K | No change |
| CRAQR Cal Redwood Acquisition Corp. | RIGHT 05/15/2030 | 100,000 | $22K | No change |
| BLZRW Trailblazer Acqui Corp. -30 | *W EXP 09/30/203 | 49,999 | $20K | No change |
| OIMAW Oneim Acquisition - 30 | *W EXP 01/07/203 | 25,000 | $18K | New |
| KOYNW CSLM Digital Asset Acquisiti | *W EXP 08/28/203 | 68,453 | $17K | No change |
| BBCQW Bleichroeder Acquisition Cor | *W EXP 12/23/203 | 16,666 | $16K | New |
| PACHW Pioneer Acquisition I Corp. | *W EXP 06/16/203 | 50,000 | $10K | No change |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 | 50,000 | $10K | No change |
| ADACW American Dr Acq A -30 | *W EXP 02/06/203 | 33,333 | $10K | No change |
| IGACR Invest Green Acquisition-RTS | RIGHT 11/17/2030 | 50,000 | $9K | No change |
| TDWDR Tailwind 2.0 Acquisition-RTS | RIGHT 11/07/2030 | 50,000 | $8K | No change |
| MBVIW M3-Brigade Acquisition Vi Co. | *W EXP 08/18/203 | 16,648 | $6K | No change |
Total filed on the 13F, all lines: $801.5M.
Portfolio Sells Q4 2025 → Q1 2026
| BAC Bank of America Corp. | Sold out | 0.00% | −3.04 |
| VTR Ventas Inc. | Sold out | 0.00% | −2.76 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -85.7% | 0.72% | −2.63 |
| AMZN Amazon.com Inc. | Reduce -82.1% | 0.73% | −2.60 |
| CRBG Corebridge Financial Inc. | Sold out | 0.00% | −2.24 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −2.21 |
| TXNM TXNM Energy Inc. | Reduce -50.7% | 3.26% | −1.67 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −1.63 |
| NIQ Niq Global Intelligence PLC | Sold out | 0.00% | −1.53 |
| CDTX Cidara Therapeutics Inc. | Sold out | 0.00% | −1.28 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −1.14 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −1.10 |
| MRLN Merlin Inc. | Sold out | 0.00% | −1.00 |
| RKT Rocket Cos Inc. Class A | Sold out | 0.00% | −0.96 |
| CHAC Crane Harbor Acqu Corp. Class A | Sold out | 0.00% | −0.85 |
| RNAM Avidity Biosciences Inc. | Sold out | 0.00% | −0.82 |
| UWMC Uwm Holdings Corp. | Sold out | 0.00% | −0.81 |
| ALLY Ally Financial Inc. | Reduce -47.9% | 1.18% | −0.75 |
| SBXDF Silverbox Corp. IV-A | Sold out | 0.00% | −0.74 |
| ECHO Echostar Corp. Class A | Reduce -56.5% | 1.26% | −0.73 |
| DRDB Roman DBDR Acquisition Corp. | Sold out | 0.00% | −0.73 |
| DAAQ Digital Asset Acquisiti Class A | Sold out | 0.00% | −0.72 |
| PLMK Plum Acquisition Corp. IV | Sold out | 0.00% | −0.68 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.61 |
| BL Blackline Inc. | Sold out | 0.00% | −0.61 |
| XYZ Block Inc. | Sold out | 0.00% | −0.56 |
| ESS Essex Property Trust Inc. | Sold out | 0.00% | −0.55 |
| SHOO Steven Madden Ltd. | Sold out | 0.00% | −0.54 |
| PLYM Plymouth Industrial REIT Inc. | Sold out | 0.00% | −0.50 |
| KOYN CSLM Digital Asset Acqu - A | Sold out | 0.00% | −0.44 |
| RAAQ Real Asset Acquisiti Class A | Sold out | 0.00% | −0.41 |
| NKE Nike Inc. Class B | Reduce -27.7% | 1.42% | −0.33 |
| KMB Kimberly-Clark Corp. | Reduce -77.2% | 0.13% | −0.31 |
| BACC Blue Acquisition Corp. Class A | Sold out | 0.00% | −0.28 |
| AIG American International Group | Sold out | 0.00% | −0.28 |
| AHR American Healthcare REIT Inc. | Sold out | 0.00% | −0.28 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.26 |
| VCIC Vine Hill Capital Class A | Sold out | 0.00% | −0.17 |
| HOLX Hologic Inc. | Reduce -30.7% | 1.67% | −0.09 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.08 |
| TDS Telephone and Data Systems | Reduce -40.4% | 0.23% | −0.05 |
| TVA Texas Ventures Acquisition-A | Reduce -4.7% | 0.58% | +0.12 |
| AEXA American Exceptionalism Class A | Reduce -9.1% | 1.12% | +0.16 |
| UNF Unifirst Corp. | Reduce -6.9% | 0.44% | +0.17 |
| EA Electronic Arts Inc. | Reduce -22.1% | 4.66% | +0.23 |
| CEPT Cantor Equity Partners Class A | Reduce -9.2% | 1.45% | +0.23 |
| RTAC Renatus Tactical Acquisiti-A | Reduce -0.1% | 1.13% | +0.26 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -22.3% | 1.46% | +0.33 |
| WBD Warner Bros Discovery Inc. | Reduce -11.3% | 6.89% | +0.86 |
Portfolio Buys Q4 2025 → Q1 2026
| NSC Norfolk Southern Corp. | Add +16.2% | 8.26% | +2.97 |
| JHG Janus Henderson Group PLC | Add +326.0% | 3.43% | +2.88 |
| SHW The Sherwin-Williams Co. | New | 2.72% | +2.72 |
| AES AES Corp. | Add +158.8% | 2.35% | +1.67 |
| COF Capital One Financial Corp. | New | 1.53% | +1.53 |
| META Meta Platforms Inc. Class A | New | 1.42% | +1.42 |
| QRVO Qorvo Inc. | Add +64.3% | 2.48% | +1.26 |
| KRAQ Krakacquisition Corp. Class A | New | 1.24% | +1.24 |
| ARCI Archimedes Tech Spac Partner | New | 1.24% | +1.24 |
| MEVO M Evo Global Acquisitio Class A | New | 0.93% | +0.93 |
| PTOR Praetorian Acquisition Cor-A | New | 0.86% | +0.86 |
| DKS Dick's Sporting Goods Inc. | New | 0.74% | +0.74 |
| SLAB Silicon Laboratories Inc. | New | 0.66% | +0.66 |
| CLBR Colombier Acq III Class A | New | 0.52% | +0.52 |
| BCAR D. Boral Arc Acquisit Class A | New | 0.51% | +0.51 |
| IVZ Invesco Ltd. | Add +29.2% | 1.30% | +0.50 |
| NWAX New America Acquisition Class A | Add +8.3% | 1.64% | +0.47 |
| TWO Two Harbors Investment Corp. | New | 0.47% | +0.47 |
| ONCH 1RT Acquisition Corp. Class A | Add +43.5% | 0.95% | +0.46 |
| GFUZ General Fusion Group Ltd. | Add +40.1% | 0.89% | +0.42 |
| CRAN Crane Harbor Acquisitio Class A | Add +20.0% | 1.12% | +0.42 |
| PVH PVH Corp. | New | 0.39% | +0.39 |
| IPXG Inflection Point Acquisition | New | 0.37% | +0.37 |
| CCO Clear Channel Outdoor Holdin | New | 0.36% | +0.36 |
| PYPL PayPal Holdings Inc. | New | 0.35% | +0.35 |
| HCMA HCM III Acquisition Cor Class A | Add +0.9% | 1.28% | +0.34 |
| RSP Invesco S&P 500 Equal Weight | New | 0.34% | +0.34 |
| NPAC New Providence Acquisition-A | Add +2.9% | 1.13% | +0.32 |
| KPET.U Kpet Ultra Paceline Corp. | New | 0.31% | +0.31 |
| CEPV Cantor Equity Partners Class A | Add +0.0% | 1.23% | +0.31 |
| SVIV Spring Valley Acquisitio-A | New | 0.29% | +0.29 |
| QGEN Qiagen N.V. | New | 0.28% | +0.28 |
| ATII Archimedes Tech Spac Partner | Add +0.1% | 0.99% | +0.26 |
| IEAGU Infinite Eagle Acquisition C | New | 0.25% | +0.25 |
| SAAQ Space Asset Acquisition Class A | New | 0.25% | +0.25 |
| CCXI Churchill Capital Corp. Class A | Add +112.0% | 0.38% | +0.25 |
| HACQU HCM IV Acquisition Corp. | New | 0.22% | +0.22 |
| BEAG Bold Eagle Acquisition Cor-A | Add +0.2% | 0.80% | +0.21 |
| ALUB Alussa Energy Acquisit II-A | Add +2.3% | 0.77% | +0.21 |
| OIM Oneim Acquisition Class-A | New | 0.19% | +0.19 |
| KRE SS SPDR S&P Regional Bank | New | 0.18% | +0.18 |
| PAII Pyrophyte Acquisition Corp. Class A | Add +4.4% | 0.55% | +0.16 |
| CEPS Cantor Equity Partners Vi -A | New | 0.13% | +0.13 |
| OVV Ovintiv Inc. | New | 0.08% | +0.08 |
| SAN Banco Santander SA-Spon ADR | New | 0.05% | +0.05 |
Options Activity Q4 2025 → Q1 2026
| TSM Taiwan Semiconductor-SP ADR | call | Add +10.8% | 443,000 | $149.7M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | New | 1,646,400 | $131.0M |
| AAPL Apple Inc. | put | Sold out | 480,000 | $130.5Mbefore exit |
| META Meta Platforms Inc. Class A | call | New | 161,000 | $92.1M |
| FDX FedEx Corp. | put | New | 212,000 | $75.5M |
| LITE Lumentum Holdings Inc. | put | New | 66,500 | $46.7M |
| ASML ASML Holding NV-NY Reg SHS | call | Reduce -54.2% | 33,000 | $43.6M |
| WMT Walmart Inc. | put | New | 300,000 | $37.3M |
| INTC Intel Corp. | call | Sold out | 860,000 | $31.7Mbefore exit |
| SBUX Starbucks Corp. | put | New | 350,000 | $31.4M |
| AMAT Applied Materials Inc. | call | Sold out | 115,000 | $29.6Mbefore exit |
| SNDK Sandisk Corp. | put | Sold out | 111,000 | $26.3Mbefore exit |
| AMZN Amazon.com Inc. | call | Reduce -56.0% | 118,500 | $24.7M |
| CRBG Corebridge Financial Inc. | put | Sold out | 800,000 | $24.1Mbefore exit |
| RGA Reinsurance Group of America | put | New | 98,800 | $20.2M |
| SHW The Sherwin-Williams Co. | put | New | 55,000 | $17.6M |
| WBD Warner Bros Discovery Inc. | put | Reduce -48.0% | 635,000 | $17.4M |
| BAC Bank of America Corp. | call | Sold out | 270,000 | $14.8Mbefore exit |
| MU Micron Technology Inc. | call | New | 42,000 | $14.2M |
| SHW The Sherwin-Williams Co. | call | New | 42,500 | $13.6M |
| CRBG Corebridge Financial Inc. | call | New | 500,000 | $11.9M |
| DHI D.R. Horton Inc. | put | Sold out | 81,000 | $11.7Mbefore exit |
| NKE Nike Inc. Class B | put | New | 215,000 | $11.4M |
| BLDR Builders Firstsource Inc. | call | New | 104,000 | $8.6M |
| AIG American International Group | put | Sold out | 100,000 | $8.6Mbefore exit |
| S Sentinelone Inc. Class A | call | Sold out | 537,500 | $8.1Mbefore exit |
| KMB Kimberly-Clark Corp. | call | Sold out | 71,200 | $7.2Mbefore exit |
| NKE Nike Inc. Class B | call | New | 99,000 | $5.2M |
| KVUE Kenvue Inc. | call | Sold out | 200,000 | $3.5Mbefore exit |
| WBD Warner Bros Discovery Inc. | call | Reduce -50.0% | 100,000 | $2.7M |
| CMCSA Comcast Corp. Class A | call | New | 95,000 | $2.7M |
| BHF Brighthouse Financial Inc. | put | New | 43,500 | $2.6M |
| BBWI Bath & Body Works Inc. | call | Sold out | 100,000 | $2.0Mbefore exit |
| UNM Unum Group | call | New | 20,000 | $1.5M |
| AIG American International Group | call | Reduce -70.1% | 12,000 | $903K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Sold out | 2,500,000 | $3.5Mbefore exit |
| NWAX.WS New America Acquisition I Co. | *W EXP 99/99/999 | Add +8.3% | 652,318 | $326K |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | Reduce -11.7% | 377,528 | $260K |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | Sold out | 190,874 | $167Kbefore exit |
| KRAQW Krakacq Corp. -31 | *W EXP 12/23/203 | New | 250,000 | $150K |
| DAAQW Digital Asset Acquisition-30 | *W EXP 04/01/203 | Sold out | 355,209 | $149Kbefore exit |
| ARCIW Archimedes Tech Spac Partner | *W EXP 01/23/203 | New | 250,000 | $134K |
| MEVOW M Evo Global Acq -31 | *W EXP 02/18/203 | New | 375,000 | $127K |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | Sold out | 321,912 | $90Kbefore exit |
| PTORW Praetorian Acquisition Corp. | *W EXP 01/16/203 | New | 233,333 | $75K |
| GFUZW Spring Valley Acq Co. -30 | *W EXP 09/04/203 | Reduce -35.3% | 69,244 | $72K |
| FCRS.WS Futurecrest Acquisition Corp. | *W EXP 09/30/203 | Reduce -18.2% | 112,498 | $66K |
| SAAQW Space Asset Acquisition Corp. | *W EXP 03/31/203 | New | 66,666 | $52K |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | Reduce -47.1% | 158,545 | $48K |
| SVIVW Spring Valley Acquisition Co. | *W EXP 01/22/203 | New | 57,874 | $42K |
| CLBR.WS Colombier Acquisition - 31 | *W EXP 12/31/203 | New | 51,316 | $41K |
| IPXGW Columbus Circle Capital Corp. | *W EXP 02/11/203 | New | 99,999 | $35K |
| CCXIW Churchill Capital Corp. Xi | *W EXP 12/10/203 | Add +112.0% | 30,000 | $23K |
| OIMAW Oneim Acquisition - 30 | *W EXP 01/07/203 | New | 25,000 | $18K |
| BBCQW Bleichroeder Acquisition Cor | *W EXP 12/23/203 | New | 16,666 | $16K |
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 | 125 | $992.8M | NSC, TXNM, WBD, EA, SHW |
| Q1 2026 | 110 | $797.2M | NSC, WBD, EA, JHG, TXNM |
| Q4 2025 | 114 | $1.1B | WBD, NSC, TXNM, EA, TSM |
| Q3 2025 | 94 | $715.5M | NSC, TXNM, VTR, BAC, TSM |
| Q2 2025 | 84 | $723.9M | GMS, UBS, AMZN, KKR, JLL |
| Q1 2025 | 39 | $449.2M | ITCI, HES, DFS, TSM, VTR |
| Q4 2024 | 35 | $649.7M | DFS, AMZN, VTR, K, HES |
| Q3 2024 | 33 | $621.9M | TSM, AMD, KKR, VTR, DFS |
| Q2 2024 | 34 | $628.7M | ANSS, TSM, KKR, VTR, WDAY |
| Q1 2024 | 34 | $614.5M | ANSS, TSM, WDAY, KKR, RTX |