HGC Investment Management Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), HGC Investment Management Inc. reported 109 stock positions worth $447.3 million. Its top holding was Artius II Acquisition Class A (AACB) at 3.5% of the portfolio, followed by Aldabra 4 Liquidity Opportun (ALOVU, 3.2%) and Siddhi Acquisition Class A (SDHI, 2.9%). Compared with Q4 2025, it opened 29 new positions, sold out of 29, added to 3 and reduced 8. The biggest buy was a new position in Aldabra 4 Liquidity Opportun (ALOVU) and the biggest sale an exit from Centurion Acquisition (ALF).
- Most Recent 13F
- Q2 2026
- Location
- TORONTO, A6
- CIK
- 0001711200
- Portfolio Value
- $447.3M (Q1 2026)
- SEC Filing
- 0001711200-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 109 stocks · $447.3M
| AACB Artius II Acquisition Inc. Class A | 3.47% | 1,500,000 | $15.5M | No change |
| ALOVU Aldabra 4 Liquidity Opportun | 3.21% | 1,443,965 | $14.4M | New |
| SDHI Siddhi Acquisition Corp. Class A | 2.89% | 1,250,000 | $12.9M | No change |
| DMII Drugs Made in America Acquis | 2.74% | 1,230,980 | $12.3M | No change |
| FERAU Fifth Era Acquisition Corp. I | 2.71% | 1,150,760 | $12.1M | No change |
| QADRU Qdro Acquisition Corp. | 2.66% | 1,200,000 | $11.9M | New |
| KRAQU Krakacquisition Corp. | 2.24% | 1,000,000 | $10.0M | New |
| SOUL Soulpower Acquisition Co. Class A | 2.18% | 953,146 | $9.8M | No change |
| OBAWU Oxley Bridge Acquisition Ltd. | 2.18% | 950,000 | $9.7M | No change |
| IPFXU Inflection Point Acquisition | 2.15% | 950,000 | $9.6M | New |
| EA Electronic Arts Inc. | 1.95% | 42,816 | $8.7M | Add +13.2% |
| PAII Pyrophyte Acquisition Corp. Class A | 1.93% | 850,000 | $8.6M | No change |
| IACOU Idea Acquisition Corp. | 1.77% | 800,000 | $7.9M | New |
| ADAC American Drive Acquisit Class A | 1.74% | 786,413 | $7.8M | Add +4.9% |
| PACHU Pioneer Acquisition I Corp. | 1.71% | 743,077 | $7.7M | No change |
| TRGSU TRG Latin America Acquisitio | 1.70% | 765,000 | $7.6M | New |
| LPCVU Launchpad Cadenza Acquisitio | 1.62% | 725,000 | $7.3M | Reduce -3.3% |
| EVAC.U Eqv Ventures Acquisition Cor | 1.58% | 697,174 | $7.1M | No change |
| SZZL Sizzle Acquisition Corp. Class A | 1.50% | 650,539 | $6.7M | No change |
| RDAG Republic Digital Acquis Class A | 1.48% | 646,675 | $6.6M | Add +7.3% |
| MBVIU M3-Brigade Acquisition Vi Co. | 1.42% | 625,000 | $6.3M | No change |
| SBXE.U Silverbox Corp. V | 1.36% | 899,986 | $6.1M | No change |
| HCMA HCM III Acquisition Cor Class A | 1.35% | 600,000 | $6.0M | No change |
| CEPV Cantor Equity Partners Class A | 1.32% | 583,153 | $5.9M | No change |
| TACHU Titan Acquisition Corp. | 1.30% | 559,131 | $5.8M | No change |
| KFII K&F Growth Acquisition Cor-A | 1.28% | 550,000 | $5.7M | New |
| CEPF Cantor Equity Partners Class A | 1.25% | 550,000 | $5.6M | Reduce -15.4% |
| FCRS.U Futurecrest Acquisition Corp. | 1.25% | 550,000 | $5.6M | No change |
| WENN Wen Acquisition Corp. Class A | 1.25% | 550,000 | $5.6M | No change |
| ITHAU Ithax Acquisition Corp. III | 1.22% | 550,000 | $5.5M | Reduce -31.3% |
| TVAI Thayer Ventures Acquis Class A | 1.20% | 525,000 | $5.4M | New |
| IRHOU Iron Horse Acquisition II Co. | 1.17% | 523,489 | $5.2M | No change |
| FIGXU Figx Capital Acquisition Cor | 1.15% | 500,000 | $5.1M | No change |
| KBONU Karbon Capital Partners Corp. | 1.14% | 500,000 | $5.1M | No change |
| OIMAU Oneim Acquisition Corp. | 1.13% | 500,000 | $5.1M | New |
| MZYX.U Mozayyx Acquisition Corp. | 1.11% | 500,000 | $5.0M | New |
| NPAC New Providence Acquisition-A | 1.03% | 450,000 | $4.6M | No change |
| SPEGU Silver Pegasus Acquisition C | 0.93% | 400,000 | $4.2M | No change |
| AIIA.U AI Infrastructure Acquisitio | 0.92% | 400,000 | $4.1M | No change |
| BLZRU Trailblazer Acquisition Corp. | 0.91% | 400,000 | $4.1M | Reduce -27.3% |
| APXTU Apex Treasury Corp. | 0.90% | 400,000 | $4.0M | No change |
| CRANU Crane Harbor Acquisition Cor | 0.90% | 400,000 | $4.0M | No change |
| KPET.U Kpet Ultra Paceline Corp. | 0.89% | 400,000 | $4.0M | New |
| HAVAU Harvard Ave Acquisition Corp. | 0.85% | 375,000 | $3.8M | No change |
| CRAC Crown Reserve Acquisiti Class A | 0.84% | 375,000 | $3.8M | No change |
| AXIN Axiom Intelligence Class A | 0.79% | 350,000 | $3.5M | New |
| VHCPU Vine Hill Capital Investment | 0.78% | 350,000 | $3.5M | Reduce -46.1% |
| MEVOU M Evo Global Acquisition Cor filed as M EVO GBL ACQUISITION CORP I | 0.78% | 350,000 | $3.5M | New |
| MUZEU Muzero Acquisition Corp. | 0.78% | 350,000 | $3.5M | New |
| LKSP Lake Superior Acquisiti Class A | 0.72% | 320,000 | $3.2M | New |
| LCCCU Lakeshore Acquisition III Co. | 0.70% | 300,000 | $3.1M | No change |
| SOCAU Solarius Capital Acquisition | 0.69% | 300,000 | $3.1M | No change |
| EVOXU Evolution Global Acquisition | 0.68% | 300,000 | $3.1M | No change |
| QUMS Quantumsphere Acquisition Co. | 0.68% | 300,000 | $3.0M | No change |
| APLS Apellis Pharmaceuticals Inc. | 0.67% | 75,000 | $3.0M | New |
| FVAV Fortress Value Acquis V Class A | 0.67% | 300,000 | $3.0M | New |
| IEAG Infinite Eagle Class-A | 0.61% | 275,000 | $2.8M | New |
| COPL.U Copley Acquisition Corp. | 0.58% | 250,000 | $2.6M | No change |
| GIWWU GIGCAPITAL8 Corp. | 0.58% | 250,000 | $2.6M | No change |
| GTEN Gores Holdings X Inc. Class A | 0.57% | 250,000 | $2.6M | New |
| JENA Jena Acquisition Corp. II - A | 0.57% | 250,000 | $2.6M | Reduce -64.3% |
| TDWDU Tailwind 2.0 Acquisition Cor | 0.57% | 250,000 | $2.6M | No change |
| ENHA Enhanced Group Inc. filed as A PARADISE ACQUISITION CORP | 0.57% | 250,000 | $2.5M | No change |
| BPACU Blueport Acquisition Ltd. | 0.57% | 250,000 | $2.5M | No change |
| IGACU Invest Green Acquisition Cor | 0.57% | 250,000 | $2.5M | No change |
| WSTNU Westin Acquisition Corp. | 0.57% | 250,000 | $2.5M | New |
| ALUB.U Alussa Energy Acquisition Co. | 0.57% | 250,000 | $2.5M | No change |
| SAC.U Safeguard Acquisition Corp. | 0.57% | 250,000 | $2.5M | No change |
| AEAQU Activate Energy Acquisition | 0.56% | 250,000 | $2.5M | No change |
| DNMXU Dynamix Corp. III | 0.56% | 250,000 | $2.5M | No change |
| GSRF GSR IV Acquisition Corp. Class A | 0.56% | 250,000 | $2.5M | No change |
| LWACU Lightwave Acquisition Corp. | 0.56% | 245,500 | $2.5M | No change |
| VACI.U Viking Acquisitions Corp. I | 0.56% | 250,000 | $2.5M | Reduce -50.0% |
| ACAAU Averin Capital Acquisition C | 0.56% | 250,000 | $2.5M | New |
| HCICU Hennessy Capital Investment | 0.56% | 250,000 | $2.5M | New |
| IRAB Iris Acquisition Corp. I Class A | 0.55% | 250,000 | $2.5M | New |
| XSLLU Xsolla Spac 1 | 0.52% | 235,000 | $2.3M | New |
| CAEP Cantor Equity Partners III-A | 0.52% | 225,000 | $2.3M | No change |
| NHICU Newhold Investment Corp. III | 0.48% | 200,000 | $2.1M | No change |
| CCXIU Churchill Capital Corp. Xi | 0.46% | 200,000 | $2.0M | No change |
| HCACU Hall Chadwick Acquisition Co. | 0.46% | 200,000 | $2.0M | No change |
| HVMCU Highview Merger Corp. | 0.45% | 200,000 | $2.0M | No change |
| DYORU Insight Digital Partners II | 0.45% | 200,000 | $2.0M | No change |
| BDCIU BTC Development Corp. | 0.45% | 200,000 | $2.0M | No change |
| CEPS Cantor Equity Partners Vi -A | 0.45% | 200,000 | $2.0M | New |
| IPXGU Columbus Circle Capital Corp. | 0.45% | 200,000 | $2.0M | New |
| MMTXU Miluna Acquisition Corp. | 0.40% | 175,000 | $1.8M | No change |
| GSHRU Gesher Acquisition Corp. II | 0.35% | 150,000 | $1.6M | No change |
| GTERU Globa Terra Acquisition Corp. | 0.35% | 150,000 | $1.6M | No change |
| USAS Americas Gold and Silver Cor | 0.35% | 300,000 | $1.6M | No change |
| CRAQU Cal Redwood Acquisition Corp. | 0.35% | 150,000 | $1.5M | No change |
| INACU Indigo Acquisition Corp. | 0.34% | 150,000 | $1.5M | No change |
| LFACU Leapfrog Acquisition Corp. | 0.34% | 150,000 | $1.5M | No change |
| OTGAU Otg Acquisition Corp. I | 0.29% | 125,000 | $1.3M | No change |
| VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP | 0.24% | 100,600 | $1.1M | No change |
| SCIIU SC II Acquisition Corp. | 0.23% | 100,000 | $1.0M | No change |
| KOYNU CSLM Digital Asset Acquisiti | 0.23% | 100,000 | $1.0M | No change |
| MKLYU McKinley Acquisition Corp. | 0.23% | 100,000 | $1.0M | No change |
| GIXXU GIGCAPITAL9 Corp. | 0.22% | 100,000 | $1.0M | New |
| OIM Oneim Acquisition Class-A | 0.22% | 97,803 | $974K | New |
Other holdings (59): bonds, preferreds, convertibles and warrants · $4.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AACBR Artius II Acquisition Inc. | RIGHT 11/27/2029 | 1,500,000 | $453K | No change |
| SDHIR Siddhi Acquisition Corp. | RIGHT 09/15/2029 | 1,250,000 | $268K | No change |
| APADR A Paradise Acquisition Corp. | RIGHT 07/29/2025 | 500,000 | $226K | Add +5.3% |
| GSRFR GSR IV Acquisition Corp.-RTS | RIGHT 08/22/2030 | 75,000 | $184K | No change |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 1,425,700 | $165K | No change |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | 465,000 | $163K | No change |
| PAII.WS Pyrophyte Acquisition Corp. I | *W EXP 07/30/203 | 425,000 | $140K | No change |
| KFIIR K&F Growth Acquisition Corp. | RIGHT 08/29/2031 | 750,000 | $135K | New |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | 194,200 | $134K | No change |
| HCMAW HCM III Acquisition Corp. -30 | *W EXP 07/23/203 | 266,666 | $120K | No change |
| JENA ACQUISITION CORP II-RTS | RIGHT 03/31/2030 | 700,000 | $119K | No change |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 | 165,000 | $112K | Reduce -45.0% |
| SZZLR Sizzle Acquisition Corp. -RTS | RIGHT 04/02/2030 | 650,539 | $111K | No change |
| COLAR Columbus Acquisition Corp. | RIGHT 99/99/9999 | 300,000 | $108K | No change |
| TVAIR Thayer Ventures Acquisition | RIGHT 05/15/2030 | 525,000 | $105K | New |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 503,500 | $101K | No change |
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | 1,230,980 | $98K | No change |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 221,967 | $98K | New |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | 150,000 | $84K | Add +200.0% |
| QUMSR Quantumsphere Acquisition Co. | RIGHT 08/06/2030 | 300,000 | $75K | No change |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | 403,161 | $73K | No change |
| WENNW Wen Acquisition Corp.-A -31 | *W EXP 99/99/999 | 225,000 | $72K | No change |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | 350,000 | $67K | New |
| BCARW D Boral Arc Acquisition - 30 | *W EXP 07/23/203 | 100,500 | $59K | New |
| CRACR Crown Reserve Acquisitio-RTS | RIGHT 10/06/2030 | 375,000 | $56K | No change |
| LKSPR Lake Superior Acquisition Co. | RIGHT 09/19/2030 | 45,714 | $53K | New |
| BLUWW Blue Water Acquisition-CW26 | *W EXP 05/23/203 | 100,000 | $50K | No change |
| PGACR Pantages Capital Acquis-RT | RIGHT 11/15/2029 | 250,000 | $50K | No change |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | 80,000 | $50K | New |
| IEAGR Infinite Eagle Acquis-Rights | RIGHT 01/13/2031 | 275,000 | $50K | New |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | 175,000 | $47K | No change |
| TVACW Texas Ventures Acq -31 | *W EXP 04/23/203 | 100,000 | $46K | No change |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 150,000 | $45K | No change |
| RIBBR Ribbon Acquisition Corp. | RIGHT 12/31/2026 | 250,000 | $44K | No change |
| IRAB.WS Iris Acq Corp. II -31 | *W EXP 08/15/203 | 125,000 | $39K | New |
| YHNAR YHN Acquisition I Ltd. | RIGHT 08/15/2029 | 344,188 | $38K | No change |
| TACHW Titan Acquisition Corp -30 | *W EXP 05/16/203 | 100,000 | $33K | No change |
| EGHAR Egh Acquisition Corp.-RTS | RIGHT 99/99/9999 | 125,000 | $31K | New |
| BAYAR Bayview Acquisition Corp. | RIGHT 11/17/2028 | 150,000 | $25K | No change |
| RFAIR RF Acquisition Corp. II | RIGHT 05/01/2026 | 200,000 | $24K | No change |
| UYSCR Uy Scuti Acquisition Corp. | RIGHT 03/03/2030 | 150,000 | $24K | No change |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | 50,000 | $22K | New |
| OAKUR Oak Woods Acquisition Cor-RT | RIGHT 03/23/2028 | 120,000 | $19K | No change |
| NPACW New Providence Acq A -CW28 | *W EXP 04/24/203 | 96,500 | $18K | Reduce -35.7% |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 150,528 | $18K | No change |
| CRAQR Cal Redwood Acquisition Corp. | RIGHT 05/15/2030 | 66,869 | $15K | No change |
| BKHAR Black Hawk Acquisition C-RTS | RIGHT 06/20/2025 | 10,000 | $14K | No change |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | 40,000 | $10K | No change |
| FUFUW Bitfufu Inc.-28 | *W EXP 03/01/202 | 50,000 | $6K | No change |
| ADACW American Dr Acq A -30 | *W EXP 02/06/203 | 12,137 | $4K | Reduce -95.1% |
| MCGAW Yorkville Acquisition - 30 | *W EXP 06/06/203 | 8,333 | $3K | No change |
| FSHPR Flag Ship Acquisition Corp. | RIGHT 03/31/2026 | 27,000 | $2K | No change |
| OAKUW Oak Woods Acquisition -28 | *W EXP 99/99/999 | 120,000 | $2K | No change |
| MKDWW MKD Tech Inc. -29 | *W EXP 06/10/202 | 175,000 | $2K | No change |
| DAICW Cid Holdco Inc. -26 | *W EXP 12/31/202 | 25,000 | $663 | No change |
| GCLWW GCL Global Holdings-A -CW26 | *W EXP 02/13/203 | 4,500 | $108 | No change |
| LIMNW Liminatus Pharma Inc. Class A-28 | *W EXP 04/30/203 | 1,250 | $50 | No change |
| MLKWF Waldencast Acq Class A -CW27 | *W EXP 07/27/202 | 666 | $24 | New |
| ATMCW Alphatime Acquisition Cor-28 | *W EXP 03/01/202 | 300,000 | $0 | No change |
Total filed on the 13F, all lines: $451.4M.
Portfolio Sells Q4 2025 → Q1 2026
| ALF Centurion Acquisition Corp. | Sold out | 0.00% | −3.30 |
| JACS Jackson Acquisition Co. Class A | Reduce -98.3% | 0.06% | −3.23 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −1.86 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −1.74 |
| KFIIU K&F Growth Acquisition Corp. | Sold out | 0.00% | −1.68 |
| AAM Aa Mission Acquisition Cor-A | Sold out | 0.00% | −1.38 |
| TVAIU Thayer Ventures Acquisition | Sold out | 0.00% | −1.16 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −1.13 |
| FAC Factorial Energy Inc. | Sold out | 0.00% | −0.99 |
| RDAGU Republic Digital Acquisition | Sold out | 0.00% | −0.99 |
| JENA Jena Acquisition Corp. II - A | Reduce -64.3% | 0.57% | −0.95 |
| GTENU Gores Holdings X Inc. | Sold out | 0.00% | −0.90 |
| BCSS.U Bain Capital GSS Investment | Sold out | 0.00% | −0.87 |
| BCARU D Boral Arc Acquisition I Co. | Sold out | 0.00% | −0.82 |
| AXINU Axiom Intelligence Acquisiti | Sold out | 0.00% | −0.77 |
| LKSPU Lake Superior Acquisition Co. | Sold out | 0.00% | −0.70 |
| NGD New Gold Inc. | Sold out | 0.00% | −0.65 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.62 |
| VHCPU Vine Hill Capital Investment | Reduce -46.1% | 0.78% | −0.61 |
| EGHAU Egh Acquisition Corp. | Sold out | 0.00% | −0.55 |
| TWLVU Twelve Seas Investment Co. II | Sold out | 0.00% | −0.53 |
| PMTR Perimeter Acquis Corp. I Class A | Sold out | 0.00% | −0.52 |
| VACI.U Viking Acquisitions Corp. I | Reduce -50.0% | 0.56% | −0.52 |
| ITHAU Ithax Acquisition Corp. III | Reduce -31.3% | 1.22% | −0.48 |
| ONCHU 1RT Acquisition Corp. | Sold out | 0.00% | −0.44 |
| MACI Melar Acquisition Corp. I-A | Sold out | 0.00% | −0.40 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.37 |
| UYSC Uy Scuti Acquisition Corp. | Sold out | 0.00% | −0.33 |
| BLZRU Trailblazer Acquisition Corp. | Reduce -27.3% | 0.91% | −0.30 |
| PLMKU Plum Acquisition Corp. IV | Sold out | 0.00% | −0.23 |
| PGAC Pantages Capital Acquisition | Sold out | 0.00% | −0.22 |
| CEPF Cantor Equity Partners Class A | Reduce -15.4% | 1.25% | −0.18 |
| TMS Teamshares Inc. | Sold out | 0.00% | −0.06 |
| SHMDW US 25 Aug 28 C11.5 | Sold out | 0.00% | −0.01 |
| WALDW US 27 Jul 27 C11.5 | Sold out | 0.00% | 0.00 |
| IAUX I-80 Gold Corp. | Sold out | 0.00% | 0.00 |
| LPCVU Launchpad Cadenza Acquisitio | Reduce -3.3% | 1.62% | +0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| ALOVU Aldabra 4 Liquidity Opportun | New | 3.21% | +3.21 |
| QADRU Qdro Acquisition Corp. | New | 2.66% | +2.66 |
| KRAQU Krakacquisition Corp. | New | 2.24% | +2.24 |
| IPFXU Inflection Point Acquisition | New | 2.15% | +2.15 |
| IACOU Idea Acquisition Corp. | New | 1.77% | +1.77 |
| TRGSU TRG Latin America Acquisitio | New | 1.70% | +1.70 |
| KFII K&F Growth Acquisition Cor-A | New | 1.28% | +1.28 |
| TVAI Thayer Ventures Acquis Class A | New | 1.20% | +1.20 |
| OIMAU Oneim Acquisition Corp. | New | 1.13% | +1.13 |
| MZYX.U Mozayyx Acquisition Corp. | New | 1.11% | +1.11 |
| KPET.U Kpet Ultra Paceline Corp. | New | 0.89% | +0.89 |
| AXIN Axiom Intelligence Class A | New | 0.79% | +0.79 |
| MEVOU M Evo Global Acquisition Cor | New | 0.78% | +0.78 |
| MUZEU Muzero Acquisition Corp. | New | 0.78% | +0.78 |
| LKSP Lake Superior Acquisiti Class A | New | 0.72% | +0.72 |
| APLS Apellis Pharmaceuticals Inc. | New | 0.67% | +0.67 |
| FVAV Fortress Value Acquis V Class A | New | 0.67% | +0.67 |
| IEAG Infinite Eagle Class-A | New | 0.61% | +0.61 |
| GTEN Gores Holdings X Inc. Class A | New | 0.57% | +0.57 |
| WSTNU Westin Acquisition Corp. | New | 0.57% | +0.57 |
| ACAAU Averin Capital Acquisition C | New | 0.56% | +0.56 |
| HCICU Hennessy Capital Investment | New | 0.56% | +0.56 |
| IRAB Iris Acquisition Corp. I Class A | New | 0.55% | +0.55 |
| XSLLU Xsolla Spac 1 | New | 0.52% | +0.52 |
| CEPS Cantor Equity Partners Vi -A | New | 0.45% | +0.45 |
| IPXGU Columbus Circle Capital Corp. | New | 0.45% | +0.45 |
| EA Electronic Arts Inc. | Add +13.2% | 1.95% | +0.30 |
| GIXXU GIGCAPITAL9 Corp. | New | 0.22% | +0.22 |
| OIM Oneim Acquisition Class-A | New | 0.22% | +0.22 |
| RDAG Republic Digital Acquis Class A | Add +7.3% | 1.48% | +0.17 |
| ADAC American Drive Acquisit Class A | Add +4.9% | 1.74% | +0.14 |
| PEN Penumbra Inc. | New | 0.04% | +0.04 |
Notes & Other Activity Q4 2025 → Q1 2026
| APADR A Paradise Acquisition Corp. | RIGHT 07/29/2025 | Add +5.3% | 500,000 | $226K |
| KFIIR K&F Growth Acquisition Corp. | RIGHT 08/29/2031 | New | 750,000 | $135K |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 | Reduce -45.0% | 165,000 | $112K |
| TVAIR Thayer Ventures Acquisition | RIGHT 05/15/2030 | New | 525,000 | $105K |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | New | 221,967 | $98K |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | Add +200.0% | 150,000 | $84K |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | New | 350,000 | $67K |
| BCARW D Boral Arc Acquisition - 30 | *W EXP 07/23/203 | New | 100,500 | $59K |
| LKSPR Lake Superior Acquisition Co. | RIGHT 09/19/2030 | New | 45,714 | $53K |
| BCSS.WS Bain Capital GSS Investment | *W EXP 01/01/202 | New | 80,000 | $50K |
| IEAGR Infinite Eagle Acquis-Rights | RIGHT 01/13/2031 | New | 275,000 | $50K |
| IRAB.WS Iris Acq Corp. II -31 | *W EXP 08/15/203 | New | 125,000 | $39K |
| EGHAR Egh Acquisition Corp.-RTS | RIGHT 99/99/9999 | New | 125,000 | $31K |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | New | 50,000 | $22K |
| NPACW New Providence Acq A -CW28 | *W EXP 04/24/203 | Reduce -35.7% | 96,500 | $18K |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | Sold out | 100,800 | $13Kbefore exit |
| FORLW Four Leaf Acquisition Cor-28 | *W EXP 03/15/202 | Sold out | 110,000 | $4Kbefore exit |
| ADACW American Dr Acq A -30 | *W EXP 02/06/203 | Reduce -95.1% | 12,137 | $4K |
| AMBWQ Ambipar Emergency Respons-28 | *W EXP 03/03/202 | Sold out | 130,905 | $641before exit |
| LAKESHORE BIOPHARMA CO LTD | *W EXP 03/15/202 | Sold out | 5,000 | $35before exit |
| MLKWF Waldencast Acq Class A -CW27 | *W EXP 07/27/202 | New | 666 | $24 |
| GPAT GP-Act III Acquisition-A | CL A | Reduce -100.0% | 0 | $0 |
| CRACW Crown Reserve Acquisition Co. | *W EXP 10/06/203 | Reduce -100.0% | 0 | $0 |
| DYCQR DT Cloud Acquisition Cor-RTS | RIGHT 02/14/2029 | Sold out | 150,000 | $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 2026 | 115 | $501.5M | AACB, ALOVU, SDHI, QADRU, MTNE.U |
| Q1 2026 | 109 | $447.3M | AACB, ALOVU, SDHI, DMII, FERAU |
| Q4 2025 | 110 | $467.6M | AACB, ALF, JACS, GPAT, SDHI |
| Q3 2025 | 81 | $407.2M | JACS, ALF, AACB, GPAT, SOUL |
| Q2 2025 | 69 | $358.7M | ALF, AAM, JACS, AACBU, GPAT |
| Q1 2025 | 47 | $279.8M | GPAT, AAM, ALF, JACS.U, VLOS |
| Q4 2024 | 33 | $232.7M | GPAT, AAM, ALF, SMAR, JACS.U |
| Q3 2024 | 44 | $241.0M | GPAT, ALF, AAM, VLOS, NVEI |
| Q2 2024 | 41 | $216.0M | ANSC, GPATU, ALFUU, IBIT, NETD |
| Q1 2024Amended | 40 | $279.1M | ARES ACQUISITION CORP II, ANSC, NETD, USAR, HAYMAKER ACQUISITION CORP 4 |