Meteora Capital, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Meteora Capital, LLC reported 195 stock positions worth $1.2 billion. Its top holding was Velos Acquisition I (VLOS) at 3.6% of the portfolio, followed by Cantor Equity Partners I-A (CEPO, 2.6%) and Armada Acquisition Class A (XRPN, 2.6%). Compared with Q3 2025, it opened 97 new positions, sold out of 37, added to 41 and reduced 42. The biggest buy was a new position in Apex Treasury Class A (APXT) and the biggest sale an exit from Terra Innovatum Global (NKLR).
- Most Recent 13F
- Q2 2026
- Location
- Boca Raton, FL
- CIK
- 0001905106
- Portfolio Value
- $1.2B (Q4 2025)
- SEC Filing
- 0001905106-26-000056 ↗ filed Feb 17, 2026
Holdings Value
Holdings 195 stocks · $1.2B
| VLOS Velos Acquisition I Corp. filed as M3BRIGADE ACQUISITION V CORP | 3.56% | 3,889,052 | $41.3M | Add +163.5% |
| CEPO Cantor Equity Partners I-A | 2.64% | 2,949,729 | $30.7M | Add +877.2% |
| XRPN Armada Acquisition Class A | 2.62% | 2,974,719 | $30.5M | Add +67.0% |
| RDAG Republic Digital Acquis Class A | 2.59% | 2,970,000 | $30.1M | Add +26.2% |
| CAEP Cantor Equity Partners III-A | 2.44% | 2,783,768 | $28.4M | Add +91.7% |
| APXT Apex Treasury Corp. Class A | 2.33% | 2,739,443 | $27.1M | New |
| CRANU Crane Harbor Acquisition Cor | 2.29% | 2,639,790 | $26.6M | New |
| GTEN Gores Holdings X Inc. Class A | 2.21% | 2,500,000 | $25.6M | Reduce -2.8% |
| DYNC Dynamix Corp. | 2.19% | 2,473,400 | $25.5M | New |
| IVCBF Invest Acquisition Corp. | 2.07% | 2,000,000 | $24.0M | No change |
| CRAQ Cal Redwood Acquisit Class A | 1.98% | 2,276,418 | $23.0M | No change |
| PCAP Procap Acquisition Corp. Class A | 1.94% | 2,220,025 | $22.5M | Add +115.9% |
| BLZR Trailblazer Acquisition Class A | 1.92% | 2,225,911 | $22.3M | Add +17.5% |
| Aurora Innovation, Inc. | 1.89% | 22,500,000 | $21.9M | Add +125.0% |
| CEPF Cantor Equity Partners Class A | 1.88% | 2,122,416 | $21.8M | Reduce -29.1% |
| CCII Cohen Circle Acquisit II - A | 1.86% | 2,112,489 | $21.6M | Reduce -14.3% |
| NWAX.U New America Acquisition I Co. | 1.79% | 1,998,502 | $20.8M | New |
| DRDB Roman DBDR Acquisition Corp. | 1.78% | 1,983,186 | $20.7M | Reduce -11.3% |
| VNME Vendome Acquisition Corp. Class A | 1.73% | 1,999,794 | $20.1M | No change |
| BCAR D. Boral Arc Acquisit Class A | 1.67% | 1,928,291 | $19.3M | Add +1288.5% |
| DNMX Dynamix Corp. III Class A | 1.66% | 1,950,914 | $19.3M | New |
| RAC Rithm Acquisition Corp. Class A | 1.60% | 1,783,286 | $18.5M | New |
| BDCI BTC Development Corp. Class A | 1.58% | 1,831,855 | $18.3M | New |
| DAY Dayforce Inc. | 1.57% | 264,000 | $18.3M | New |
| LPBB Launch Two Acquisition Class A | 1.44% | 1,597,699 | $16.7M | Add +16.3% |
| ONCH 1RT Acquisition Corp. Class A | 1.35% | 1,539,014 | $15.7M | Add +6.0% |
| EXAS Exact Sciences Corp. | 1.26% | 143,800 | $14.6M | New |
| HCMA HCM III Acquisition Cor Class A | 1.25% | 1,451,075 | $14.6M | Reduce -9.8% |
| MBB iShares MBS ETF | 1.20% | 146,600 | $14.0M | Add +18.2% |
| OTGA Otg Acquisition Corp. I Class A | 1.14% | 1,327,477 | $13.3M | Add +77.0% |
| WENN Wen Acquisition Corp. Class A | 1.07% | 1,231,370 | $12.4M | Add +8.3% |
| OYSE Oyster Enterprises II Acq-A | 1.04% | 1,199,983 | $12.1M | Reduce -10.6% |
| TVAI Thayer Ventures Acquis Class A | 1.02% | 1,166,559 | $11.8M | Add +42.2% |
| SDHI Siddhi Acquisition Corp. Class A | 1.00% | 1,134,312 | $11.7M | Add +199.3% |
| HCACU Hall Chadwick Acquisition Co. | 1.00% | 1,153,708 | $11.6M | New |
| CYBR Cyberark Software Ltd./Israel | 0.99% | 25,770 | $11.5M | Add +13.0% |
| CEPV Cantor Equity Partners Class A | 0.97% | 1,095,260 | $11.2M | New |
| BCSS Bain Capital GSS Inv- A | 0.96% | 1,109,000 | $11.2M | Reduce -25.9% |
| FYBR Frontier Communications Pare | 0.95% | 288,692 | $11.0M | Reduce -39.2% |
| CCIX Churchill Capital Corp. Ix | 0.87% | 949,652 | $10.1M | Add +42.2% |
| GSRF GSR IV Acquisition Corp. Class A | 0.87% | 1,007,879 | $10.1M | Add +7.0% |
| HOLX Hologic Inc. | 0.86% | 134,196 | $10.0M | New |
| RNAM Avidity Biosciences Inc. | 0.83% | 133,000 | $9.6M | New |
| FIGX Figx Capital Acquisition C-A | 0.80% | 922,641 | $9.3M | Add +9.9% |
| EVAC Eqv Ventures Acquisition C-A | 0.79% | 909,700 | $9.1M | Reduce -9.0% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | 0.75% | 8,500,000 | $8.8M | No change |
| FERA Fifth Era Acquisition Corp. Class A | 0.75% | 843,998 | $8.7M | Reduce -8.2% |
| CWAN Clearwater Analytics HDS-A | 0.72% | 347,000 | $8.4M | New |
| ALDF Aldel Financial II Inc. | 0.70% | 777,447 | $8.2M | Add +11.2% |
| MCGA Yorkville Acquisition Corp. Class A | 0.70% | 803,822 | $8.1M | Add +393.5% |
| JACS Jackson Acquisition Co. Class A | 0.69% | 770,492 | $8.0M | Reduce -46.5% |
| YCY Aa Mission Acquisition-A | 0.68% | 799,992 | $8.0M | New |
| PELI Pelican Acquisition Corp. | 0.66% | 751,469 | $7.6M | New |
| ATII Archimedes Tech Spac Partner | 0.64% | 718,433 | $7.4M | Add +10.6% |
| PMTR Perimeter Acquis Corp. I Class A | 0.64% | 721,718 | $7.4M | Reduce -40.0% |
| SCIIU SC II Acquisition Corp. | 0.63% | 726,733 | $7.3M | New |
| FOLD Amicus Therapeutics Inc. | 0.62% | 507,951 | $7.2M | New |
| HAYMAKER ACQUISITION CORP 4 | 0.57% | 580,867 | $6.6M | Reduce -41.5% |
| ALF Centurion Acquisition Corp. | 0.57% | 617,237 | $6.6M | Reduce -52.7% |
| ALUB.U Alussa Energy Acquisition Co. | 0.56% | 648,800 | $6.6M | New |
| FCRS Futurecrest Acquisition Class A | 0.56% | 647,844 | $6.5M | Add +81.0% |
| MBVI M3-Brigade Acquisition Class A | 0.56% | 653,752 | $6.5M | Add +30.7% |
| AAM Aa Mission Acquisition Cor-A | 0.55% | 597,209 | $6.4M | New |
| MLAC Mountain Lake Acquisition-A | 0.52% | 579,318 | $6.0M | New |
| VHCPU Vine Hill Capital Investment | 0.49% | 563,920 | $5.7M | New |
| PACH Pioneer Acquisition I Class A | 0.48% | 549,969 | $5.5M | New |
| JENA Jena Acquisition Corp. II - A | 0.47% | 537,523 | $5.5M | Add +0.3% |
| AXIN Axiom Intelligence Class A | 0.47% | 538,336 | $5.4M | Add +59.9% |
| IPCX Inflection Point Acquisiti-A | 0.46% | 524,905 | $5.3M | Reduce -49.3% |
| NHIC Newhold Investment Cor III-A | 0.42% | 474,424 | $4.9M | New |
| IRHOU Iron Horse Acquisition II Co. | 0.41% | 484,600 | $4.8M | New |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 0.41% | 75,000 | $4.8M | Add +276.9% |
| MARA Holdings Inc | 0.41% | 6,000,000 | $4.7M | No change |
| MKLY McKinley Acquisition Co. Class A | 0.40% | 469,574 | $4.7M | New |
| COLA Columbus Acquisition Corp. | 0.40% | 445,858 | $4.6M | New |
| NSTR Northstar Earth & Space Ente filed as VIKING ACQUISITION CORP I | 0.39% | 458,142 | $4.5M | New |
| FAC Factorial Energy Inc. filed as CARTESIAN GROWTH CORP III | 0.39% | 439,975 | $4.5M | Reduce -0.1% |
| TACH Titan Acquisition Corp. Class A | 0.38% | 435,892 | $4.5M | New |
| TLNC Talon Capital Corp. Class A | 0.38% | 438,895 | $4.4M | New |
| GPAT GP-Act III Acquisition-A | 0.38% | 408,719 | $4.4M | Add +62.8% |
| LEGT Legato Merger Corp. III | 0.33% | 348,269 | $3.8M | Add +16.0% |
| OAKU Oak Woods Acquisition Corp. Class A | 0.32% | 302,797 | $3.7M | Reduce 0.0% |
| CNGL Canna-Global Acquisitio Class A | 0.31% | 378,362 | $3.6M | No change |
| COPL Copley Acquisition Corp. Class A | 0.31% | 349,827 | $3.6M | New |
| DESKTOP METAL INC (DM 6 05/15/27) | 0.30% | 7,022,000 | $3.5M | No change |
| PLYM Plymouth Industrial REIT Inc. | 0.30% | 160,219 | $3.5M | New |
| SILVIA INC (SVIA 0 12/05/28) filed as Columbus Circle Capital I Corp | 0.30% | 4,000,000 | $3.5M | New |
| ANSC Agriculture & Natural Soluti | 0.30% | 310,000 | $3.5M | New |
| SMLR Semler Scientific Inc. | 0.29% | 219,813 | $3.4M | New |
| NPAC New Providence Acquisition-A | 0.26% | 299,000 | $3.1M | Reduce -0.3% |
| HDRN Hadron Energy Inc. filed as GIGCAPITAL7 CORP | 0.26% | 284,966 | $3.0M | New |
| TDAC Translational Development Ac | 0.24% | 270,843 | $2.8M | New |
| FTW Eqv Ventures Acquisition C-A | 0.23% | 250,000 | $2.6M | Reduce -50.0% |
| BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I | 0.23% | 253,839 | $2.6M | New |
| BLRKU Bluerock Acquisition Corp. | 0.22% | 250,000 | $2.5M | New |
| GIW GIGCAPITAL8 Corp. Class A | 0.21% | 250,000 | $2.5M | New |
| DAAQ Digital Asset Acquisiti Class A | 0.21% | 237,120 | $2.4M | Add +60.6% |
| SOCA Solarius Capital Acquis Class A | 0.20% | 236,136 | $2.4M | Add +241.5% |
| BAYA Bayview Acquisition Corp. Class A | 0.20% | 196,631 | $2.3M | Reduce -41.3% |
| TMS Teamshares Inc. filed as LIVE OAK ACQUISITION CORP V | 0.20% | 224,812 | $2.3M | Add +20.7% |
| MRLN Merlin Inc. filed as INFLECTION POINT ACQUISITION | 0.20% | 215,606 | $2.3M | Reduce -87.4% |
| SEE Sealed Air Corp. | 0.20% | 55,003 | $2.3M | New |
| SVIIF Spring Valley Acquisition-A | 0.19% | 189,357 | $2.2M | New |
| SELXF Semilux International Ltd. | 0.19% | 2,861,925 | $2.2M | Add +0.1% |
| RAIN Rain Enhancement Techno Class A | 0.19% | 378,222 | $2.2M | Reduce -11.9% |
| OACC Oaktree Acquisition Corp. I-A | 0.17% | 190,978 | $2.0M | Reduce -23.1% |
| EB Eventbrite Inc. Class A | 0.17% | 438,068 | $1.9M | Add +7.2% |
| IMXI International Money Express | 0.16% | 119,028 | $1.8M | Reduce -63.3% |
| FUSE Fusemachines Inc. | 0.15% | 1,088,350 | $1.8M | Add +22.0% |
| CFLT Confluent Inc. Class A | 0.14% | 54,500 | $1.6M | New |
| DBRG Digitalbridge Group Inc. | 0.14% | 104,700 | $1.6M | New |
| RAAQ Real Asset Acquisiti Class A | 0.13% | 149,820 | $1.5M | Reduce -83.5% |
| LWAC Lightwave Acquisition Corp. Class A | 0.13% | 150,000 | $1.5M | New |
| CCAQ Collective Acquisition Corp. filed as DUNE ACQUISITION CORP II | 0.13% | 146,615 | $1.5M | New |
| RDZN Roadzen Inc. | 0.12% | 564,300 | $1.4M | Reduce -49.4% |
| BDCIU BTC Development Corp. | 0.11% | 127,420 | $1.3M | Reduce -94.2% |
| BEAG Bold Eagle Acquisition Cor-A | 0.11% | 116,170 | $1.2M | Reduce -91.5% |
| ISRLF Israel Acquisitions Corp. Class A | 0.10% | 101,491 | $1.2M | Add +37.4% |
| IPEX Inflection Point Acquisition | 0.10% | 110,925 | $1.1M | Add +18.9% |
| BKHA Black Hawk Acquisition Cor-A | 0.10% | 100,001 | $1.1M | No change |
| PLMK Plum Acquisition Corp. IV | 0.09% | 100,000 | $1.0M | New |
| DTSQ DT Cloud Star Acquisition Co. | 0.09% | 95,943 | $1.0M | New |
| HVMC Highview Merger Corp. Class A | 0.09% | 100,000 | $1.0M | New |
| ITHAU Ithax Acquisition Corp. III | 0.09% | 99,800 | $996K | New |
| SVAQU Silicon Valley Acquisition C | 0.09% | 100,000 | $995K | New |
| EURK Eureka Acquisition Corp. | 0.08% | 87,803 | $960K | Reduce -32.3% |
| SPWR Sunpower Inc. | 0.08% | 606,567 | $952K | Reduce -40.1% |
| PPHP PHP Ventures Acquisition -A | 0.07% | 73,051 | $865K | No change |
| CDTX Cidara Therapeutics Inc. | 0.07% | 3,801 | $840K | New |
| SBXDF Silverbox Corp. IV-A | 0.06% | 70,000 | $741K | Reduce -53.3% |
| PAII Pyrophyte Acquisition Corp. Class A | 0.06% | 73,000 | $734K | Reduce -62.2% |
| AACB Artius II Acquisition Inc. Class A | 0.06% | 70,773 | $729K | New |
| MESHU Meshflow Acquisition Corp. | 0.06% | 70,361 | $704K | New |
| SZZL Sizzle Acquisition Corp. Class A | 0.05% | 58,273 | $592K | New |
| SQNS Sequans Communications-ADR | 0.05% | 128,530 | $577K | Reduce -41.0% |
| TGNA Tegna Inc. | 0.04% | 26,000 | $505K | New |
| AIEV Thunder Power Holdings Inc. | 0.04% | 1,837,027 | $480K | Reduce -15.3% |
| GSHR Gesher Acquisition Corp. II-A | 0.04% | 42,582 | $437K | New |
| LOGC Contextlogic Holdings Inc. | 0.04% | 54,700 | $415K | No change |
| CHGG Chegg Inc. | 0.04% | 443,800 | $413K | Add +29.1% |
| VCIC Vine Hill Capital Class A | 0.03% | 37,465 | $403K | New |
| IGAC Invest Green Acquisitio Class A | 0.03% | 30,537 | $300K | New |
| CCXIU Churchill Capital Corp. Xi | 0.02% | 22,500 | $230K | New |
| BTBT Bit Digital Inc. | 0.02% | 250,000 | $230K | Add +244.8% |
| ZPTA Zapata Quantum Inc. | 0.02% | 133,267 | $211K | Reduce -80.3% |
| DNA Ginkgo Bioworks Holdings Inc. | 0.02% | 22,100 | $184K | Reduce -1.7% |
| TONX Ton Strategy Co. | 0.01% | 87,716 | $175K | Reduce -52.2% |
| HI Hillenbrand Inc. | 0.01% | 5,000 | $159K | New |
| Bain Capital GSS Investment Corp | 0.01% | 231,796 | $151K | New |
| GPACU General Purpose Acquisition | 0.01% | 13,930 | $139K | New |
| SUIG Sui Group Holdings Ltd. | 0.01% | 82,661 | $138K | Reduce -54.8% |
| NKGN Nkgen Biotech Inc. | 0.01% | 2,755,935 | $138K | No change |
| BACC Blue Acquisition Corp. Class A | 0.01% | 13,279 | $136K | New |
| DMYY DMY Squared Technology GR-A | 0.01% | 10,037 | $130K | Reduce -5.7% |
| SVCC Stellar V Capital Corp. Class A | 0.01% | 11,705 | $121K | New |
| ADER 26 Capital Acquisition Cor-A | 0.01% | 512,076 | $116K | No change |
| KVACF Keen Vision Acquisition Corp. | 0.01% | 9,406 | $111K | Reduce -9.6% |
| SVIA Silvia Inc. filed as PROCAP FINL INC | 0.01% | 26,100 | $92K | New |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 0.01% | 5,364 | $70K | New |
| PSQ HOLDINGS INC | 0.01% | 65,000 | $67K | No change |
| BHF Brighthouse Financial Inc. | 0.01% | 1,000 | $65K | New |
| EVOX Evolution Global Acquis Class A | 0.00% | 5,000 | $49K | New |
| ONTF ON24 Inc. | 0.00% | 6,000 | $48K | New |
| FRGE Forge Global Holdings Inc. | 0.00% | 1,043 | $46K | New |
| RNGTU Range Capital Acquisition Co. | 0.00% | 2,200 | $22K | New |
| ALPHA MODUS HLDGS INC | 0.00% | 40,475 | $19K | New |
| COCH Envoy Medical Inc. | 0.00% | 28,051 | $19K | Add +2.5% |
| QIPT Quipt Home Medical Corp. | 0.00% | 5,000 | $18K | New |
| KACLF Kairous Acquisition Corp. Ltd. | 0.00% | 49,000 | $6K | No change |
| DSACU Daedalus Special Acquisition | 0.00% | 424 | $4K | New |
| KFII K&F Growth Acquisition Cor-A | 0.00% | 173 | $2K | New |
| KRSP Rice Acquisition Corp. 3-A | 0.00% | 145 | $1K | New |
| CEREVEL THERAP HLDS INC (CERE 2.5 08/15/27) | 0.00% | 1,000 | $1K | New |
| XXI Twenty One Capital Inc. Class A | 0.00% | 100 | $876 | New |
| HSPT Horizon Space Acquisition II | 0.00% | 36 | $379 | New |
| HGAS Global Gas Corp. | 0.00% | 8,140 | $366 | Reduce -98.8% |
| ELIQQ Electriq Power Holdings Inc. | 0.00% | 2,314,270 | $231 | Reduce -0.2% |
| CHAR Charlton Aria Acquisiti Class A | 0.00% | 10 | $105 | New |
| SFRT Appreciate Holdings Inc. | 0.00% | 334,075 | $33 | No change |
| NOEM CO2 Energy Transition Corp. | 0.00% | 2 | $21 | New |
| KYIV Kyivstar Group Ltd. | 0.00% | 1 | $13 | New |
| CYN Cyngn Inc. | 0.00% | 5 | $12 | New |
| NSTB Northern Star Investment C-A | 0.00% | 1 | $10 | New |
| SSEAU Starry Sea Acquisition Corp. | 0.00% | 1 | $10 | New |
| NWTG Newton Golf Company Inc. | 0.00% | 6 | $9 | New |
| GNLN Greenlane Hldgs Inc. | 0.00% | 4 | $6 | New |
| AEON Aeon Biopharma Inc. | 0.00% | 4 | $4 | New |
| SOBR Sobr Safe Inc. | 0.00% | 2 | $4 | New |
| KUST Kustom Entertainment Inc. filed as Digital Ally Inc | 0.00% | 5 | $3 | New |
| HCTI Healthcare Triangle Inc. | 0.00% | 4 | $3 | New |
| GREENLAND MINES LTD filed as KLOTHO NEUROSCIENCES INC | 0.00% | 7 | $2 | New |
| BJDX Bluejay Diagnostics Inc. | 0.00% | 1 | $1 | New |
| FMTOF Femto Technologies Inc.-SVS | 0.00% | 2 | $1 | New |
| PAPL Pineapple Financial Inc. | 0.00% | 1 | $1 | New |
| Alternus Clean Energy Inc | 0.00% | 5 | $0 | New |
Options reported separately and not counted above: IBIT puts ($1.1M), KDK calls ($224K), IMXI puts ($46K), CTLP puts ($44K), OGN calls ($10K), SQNS puts ($8K), RZLV calls ($4K), CEPO puts ($374).
Other holdings (217): bonds, preferreds, convertibles and warrants · $32.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | 2,979,478 | $4.6M | Add +400.9% |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 514,000 | $4.3M | Add +67.3% |
| CRAQR Cal Redwood Acquisition Corp. | RIGHT 05/15/2030 | 5,755,598 | $1.9M | Add +4.6% |
| KYIVW Kyivstar Group Ltd. -30 | *W EXP 08/14/203 | 348,973 | $1.2M | Add +18.0% |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | 1,135,076 | $908K | Add +2553.2% |
| RTACW Renatus Tactical Acqu - 30 | *W EXP 05/15/203 | 1,062,477 | $863K | New |
| TVACW Texas Ventures Acq -31 | *W EXP 04/23/203 | 828,514 | $746K | New |
| GSRFR GSR IV Acquisition Corp.-RTS | RIGHT 08/22/2030 | 313,433 | $727K | Add +132.7% |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 1,134,346 | $658K | Add +88.4% |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | 1,506,274 | $569K | Reduce -8.0% |
| LKSPR Lake Superior Acquisition Co. | RIGHT 09/19/2030 | 282,770 | $481K | New |
| OYSER Oyster Enterprises II Acquis | RIGHT 05/22/2030 | 2,309,640 | $462K | Reduce -0.1% |
| KCHVR Kochav Defense Acquisition-R | RIGHT 05/21/2030 | 1,821,055 | $437K | Reduce -29.2% |
| HCMAW HCM III Acquisition Corp. -30 | *W EXP 07/23/203 | 775,982 | $388K | New |
| VNMEW Vendome Acquisition Corp. I | *W EXP 07/03/202 | 1,437,308 | $359K | Add +474.9% |
| BDCIW BTC Development Corp. - 30 | *W EXP 09/11/203 | 794,872 | $358K | Add +44.5% |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | 2,040,894 | $346K | Add +231.9% |
| CCIIW Cohen Circle Acq II -30 | *W EXP 07/01/203 | 458,921 | $321K | Add +15.6% |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | 548,426 | $318K | Add +49.9% |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 | 1,126,651 | $313K | New |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | 826,401 | $306K | No change |
| PAII.WS Pyrophyte Acquisition Corp. I | *W EXP 07/30/203 | 796,316 | $303K | Reduce -0.1% |
| MCGAW Yorkville Acquisition - 30 | *W EXP 06/06/203 | 588,417 | $294K | Add +54.2% |
| BLZRW Trailblazer Acqui Corp. -30 | *W EXP 09/30/203 | 609,529 | $293K | Reduce -3.4% |
| TVAIR Thayer Ventures Acquisition | RIGHT 05/15/2030 | 1,378,212 | $289K | Add +123.2% |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 902,061 | $289K | Add +80.3% |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 | 1,127,876 | $282K | Reduce -1.0% |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 418,899 | $272K | New |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | 1,288,895 | $271K | Add +140.2% |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | 2,023,952 | $270K | Add +189.1% |
| PLMKW Plum Acquisition Corp. IV-30 | *W EXP 08/19/202 | 950,140 | $257K | Add +0.6% |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | 333,613 | $251K | Add +71.1% |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 770,528 | $250K | New |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | 1,014,266 | $243K | New |
| DNMXW Dynamix Corp. III | *W EXP 10/10/203 | 754,978 | $242K | New |
| XRPNW Armada Acquisition Corp - A | *W EXP 05/21/203 | 254,255 | $226K | Reduce -39.1% |
| RANGR Range Capital Acquisition Co. | RIGHT 99/99/9999 | 501,888 | $226K | Add +56.0% |
| GTERR Globa Terra Acquisition-RTS | RIGHT 06/17/2030 | 1,672,093 | $218K | Reduce -0.0% |
| SOCAW Solarius Capital Acqui -30 | *W EXP 07/10/203 | 758,791 | $213K | Reduce -1.5% |
| BLUWW Blue Water Acquisition-CW26 | *W EXP 05/23/203 | 397,863 | $211K | New |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 1,874,939 | $211K | Reduce -16.2% |
| GPATW GP-Act III Acq Class A -CW27 | *W EXP 05/13/202 | 776,900 | $209K | Reduce -9.7% |
| ALFUW Centurion Acquisition - 29 | *W EXP 05/31/203 | 626,604 | $201K | Add +58.1% |
| BCARW D Boral Arc Acquisition - 30 | *W EXP 07/23/203 | 544,861 | $198K | Add +2451.6% |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 | 250,000 | $198K | Add +24.7% |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 643,688 | $193K | Reduce -22.7% |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | 334,216 | $191K | Reduce -27.1% |
| APADR A Paradise Acquisition Corp. | RIGHT 07/29/2025 | 699,983 | $175K | Add +2.8% |
| AACBR Artius II Acquisition Inc. | RIGHT 11/27/2029 | 543,109 | $174K | Add +133.3% |
| RAC.WS Rithm Acquisition Corp. - 30 | *W EXP 99/99/999 | 303,210 | $167K | Add +102.5% |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | 958,097 | $163K | Add +27.8% |
| COLAR Columbus Acquisition Corp. | RIGHT 99/99/9999 | 498,775 | $160K | New |
| GTERW Globa Terra Acquisition - 30 | *W EXP 06/17/203 | 1,194,089 | $150K | Reduce -7.0% |
| CCAQW Dune Acquisition Corp. II -30 | *W EXP 04/04/203 | 609,118 | $150K | Add +85.8% |
| CRACR Crown Reserve Acquisitio-RTS | RIGHT 10/06/2030 | 782,026 | $149K | New |
| SDHIR Siddhi Acquisition Corp. | RIGHT 09/15/2029 | 818,770 | $147K | Add +30.9% |
| EVAC.WS Eqv Ventures Acquisition Cor | *W EXP 06/30/203 | 406,233 | $142K | New |
| RAINW Rain Enhancement-CW 29 | *W EXP 12/31/202 | 558,668 | $140K | Add +89.5% |
| TLNCW Talon Capital Corp.-30 | *W EXP 08/27/203 | 269,386 | $135K | New |
| NHICW Newhold Investment Corp. - 30 | *W EXP 01/30/203 | 364,520 | $131K | Add +2295.0% |
| PCAPW Procap Acq Corp. A -30 | *W EXP 05/16/203 | 348,840 | $129K | Add +94.9% |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | 395,743 | $125K | Add +37.5% |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 232,640 | $123K | Reduce -45.2% |
| GIWWR GIGCAPITAL8 Corp.-RTS | RIGHT 09/30/2030 | 392,499 | $122K | New |
| OTGAW Otg Acquisition Corp. I - 30 | *W EXP 09/05/203 | 367,848 | $118K | Reduce -1.9% |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 | 516,306 | $114K | Add +430.1% |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 264,500 | $109K | Reduce -0.2% |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 | 499,882 | $108K | Add +24.8% |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 10/28/203 | 50,200 | $106K | Reduce -28.5% |
| FCRS.WS Futurecrest Acquisition Corp. | *W EXP 09/30/203 | 139,841 | $102K | Add +56.3% |
| PELIR Pelican Acquisition Corp.-RTS | RIGHT 05/02/2030 | 413,203 | $95K | Add +313.2% |
| FUSEW CSLM Holdings Inc. - 30 | *W EXP 10/22/203 | 1,568,896 | $94K | Reduce -31.8% |
| PHYWF PHYT WS -CW | *W EXP 05/03/202 | 207,800 | $94K | Reduce -8.8% |
| FIGXW Figx Capital Acquisition Cor | *W EXP 06/17/203 | 346,084 | $87K | New |
| TLGWF TLGY Acquisition Corp. -23 | *W EXP 11/09/202 | 132,500 | $86K | No change |
| KFIIR K&F Growth Acquisition Corp. | RIGHT 08/29/2031 | 615,252 | $80K | New |
| RZLVW Rezolve AI PLC -CW27 | *W EXP 08/15/202 | 79,640 | $72K | Reduce -72.8% |
| IVAWF Investcorp India Acquisi -27 | *W EXP 06/01/202 | 2,208,264 | $71K | No change |
| APACR Stonebridge Acquisition II C | RIGHT 09/09/2030 | 567,912 | $68K | Add +71.8% |
| ATMCW Alphatime Acquisition Cor-28 | *W EXP 03/01/202 | 956,375 | $67K | Add +1.2% |
| IBACR Ib Acquisition Corp.-RTS | RIGHT 09/28/2026 | 820,371 | $64K | Add +0.3% |
| PMTRW Perimeter Acquis Corp. I -30 | *W EXP 05/13/203 | 87,052 | $62K | Reduce -47.6% |
| TDACW Translational Dev -A -CW26 | *W EXP 12/18/202 | 215,501 | $60K | Add +775.4% |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | 1,080,000 | $59K | Reduce -45.8% |
| KRSP.WS Rice Acquisition Corp. 3 | *W EXP 99/99/999 | 69,677 | $56K | New |
| AERTW Aeries Technology Inc. -CW23 | *W EXP 11/06/202 | 2,068,119 | $54K | Add +4.0% |
| HVIIR Hennessy Capital Investment | RIGHT 01/17/2030 | 190,000 | $53K | Add +88.5% |
| PACHW Pioneer Acquisition I Corp. | *W EXP 06/16/203 | 233,689 | $51K | New |
| NSTR.WS Viking Acquisition Corp. I | *W EXP 11/03/203 | 134,967 | $51K | New |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 344,677 | $48K | Add +0.1% |
| PSQH.WS Colombier Acq Class A -CW28 | *W EXP 07/19/202 | 475,909 | $45K | No change |
| MBVIW M3-Brigade Acquisition Vi Co. | *W EXP 08/18/203 | 120,988 | $45K | Reduce -27.4% |
| CRACW Crown Reserve Acquisition Co. | *W EXP 10/06/203 | 521,379 | $44K | New |
| SVIAW Procap Financial Inc. | *W EXP 12/05/203 | 60,000 | $42K | New |
| FERAR Fifth Era Acquisition Corp. I | RIGHT 02/21/2030 | 99,794 | $40K | Reduce -54.9% |
| MKLYR McKinley Acquisition Corp. | RIGHT 07/25/2030 | 300,000 | $39K | New |
| YCY.WS Aa Mission Acquisition -31 | *W EXP 07/23/203 | 179,491 | $36K | New |
| COPL.WS Copley Acquisition Corp. -30 | *W EXP 99/99/999 | 200,400 | $34K | New |
| CHECW Chenghe Acquisition III Co. | *W EXP 09/09/203 | 188,027 | $34K | New |
| TACHW Titan Acquisition Corp -30 | *W EXP 05/16/203 | 104,880 | $33K | New |
| PEW.WS Grabagun Digital Holdings Inc. | *W EXP 99/99/999 | 84,881 | $32K | Reduce -51.0% |
| GSHRW Gesher Acquisition Corp. I-30 | *W EXP 10/31/203 | 88,700 | $31K | Add +125.0% |
| QTIWW GIGCAPITAL5 Inc. -CW28 | COM | 257,334 | $30K | Reduce -93.4% |
| HDRNW GIGCAPITAL7 Corp.-A - 29 | *W EXP 08/29/202 | 72,200 | $30K | Reduce -94.6% |
| TGE.WS Generation Essentials - 30 | *W EXP 02/15/202 | 192,054 | $29K | Reduce -11.2% |
| GCLWW GCL Global Holdings-A -CW26 | *W EXP 02/13/203 | 950,647 | $29K | No change |
| PLMWF Plum Acquisition Corp. III-CW | *W EXP 03/31/202 | 100,000 | $25K | Reduce -54.0% |
| SPEGR Silver Pegasus Acquisition C | RIGHT 06/26/2030 | 97,000 | $23K | Reduce -3.0% |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 48,411 | $22K | Add +0.9% |
| CHARR Charlton Aria Acquisi-Rights | RIGHT 12/31/2026 | 115,076 | $22K | Reduce -18.9% |
| CDAWF Compass Digital Acq -CW28 | *W EXP 99/99/999 | 1,024,850 | $20K | Reduce -0.6% |
| REEWF Cartesian Growth Corp. II -28 | *W EXP 07/12/202 | 74,775 | $20K | Reduce -70.1% |
| RFAIR RF Acquisition Corp. II | RIGHT 05/01/2026 | 155,176 | $19K | Reduce -57.8% |
| YHNAR YHN Acquisition I Ltd. | RIGHT 08/15/2029 | 153,000 | $18K | No change |
| OAKUW Oak Woods Acquisition -28 | *W EXP 99/99/999 | 841,669 | $18K | No change |
| SVCCW Stellar V Capital Corp.-Class-29 | *W EXP 10/15/202 | 59,956 | $17K | New |
| ORIQW Origin Investment Corp. I -30 | *W EXP 06/27/203 | 90,295 | $17K | Reduce -69.5% |
| PRLHW Pearl Holdings Acq -CW23 | *W EXP 12/15/202 | 487,953 | $17K | No change |
| DAAQW Digital Asset Acquisition-30 | *W EXP 04/01/203 | 43,985 | $17K | New |
| DYCQR DT Cloud Acquisition Cor-RTS | RIGHT 02/14/2029 | 68,639 | $16K | No change |
| WENNW Wen Acquisition Corp.-A -31 | *W EXP 99/99/999 | 49,600 | $15K | Reduce -35.3% |
| CNDAW Concord Acquisition A -CW28 | *W EXP 99/99/999 | 372,532 | $15K | Add +4.5% |
| BSAAR Best Spac I Acquisition - RT | RIGHT 05/27/2030 | 96,659 | $15K | New |
| HVMCW Highview Merger Corp. - 30 | *W EXP 07/24/203 | 48,626 | $13K | New |
| CLRWF Climaterock Class A -27 | *W EXP 99/99/999 | 493,422 | $13K | Reduce -1.6% |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 249,033 | $13K | Add +10.8% |
| WELWF Integrated Wellness -CW28 | *W EXP 10/31/202 | 311,506 | $12K | Reduce -39.2% |
| IXQWF Ix Acquisition Corp. -CW26 | *W EXP 07/31/202 | 1,035,933 | $12K | Add +10.5% |
| ALPWF Alps Group Inc. | COM | 692,028 | $10K | Reduce -34.2% |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | 206,703 | $10K | No change |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 195,188 | $9K | Reduce -13.7% |
| VCICW Vine Hill Capital Class A-2 | *W EXP 07/01/203 | 4,700 | $8K | Reduce -97.3% |
| IGACR Invest Green Acquisition-RTS | RIGHT 11/17/2030 | 44,400 | $8K | New |
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | 60,000 | $8K | Reduce -70.0% |
| LWACW Lightwave Acquisition Corp. | *W EXP 06/06/203 | 34,081 | $8K | New |
| QUMSR Quantumsphere Acquisition Co. | RIGHT 08/06/2030 | 36,121 | $8K | New |
| HAIWF Healthcare AI Acq -CW23 | *W EXP 12/07/202 | 539,447 | $7K | Reduce -1.8% |
| GFUZW Spring Valley Acq Co. -30 | *W EXP 09/04/203 | 11,005 | $7K | Reduce -10.9% |
| DISTW Distoken Acquisition Corp.-28 | *W EXP 11/30/202 | 649,964 | $7K | No change |
| EMCWF Embrace Change Acquisitio-26 | *W EXP 10/25/202 | 506,431 | $6K | No change |
| CTSWF Cactus Acquisition Corp.-CW23 | *W EXP 08/17/202 | 201,985 | $6K | Add +42.3% |
| LATAW Galata Acquisition Corp. - 30 | *W EXP 09/12/203 | 16,465 | $6K | New |
| HSPWF Horizon Space Acquisition-28 | *W EXP 12/27/202 | 263,619 | $5K | Reduce -52.1% |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | 16,620 | $5K | Reduce -57.4% |
| AOGOW Arogo Capital Acq -CW23 | *W EXP 03/23/202 | 166,858 | $5K | No change |
| AIMWF Aimfinity Investment-CW27 | *W EXP 99/99/999 | 436,433 | $5K | No change |
| NPACW New Providence Acq A -CW28 | *W EXP 04/24/203 | 9,100 | $5K | Reduce -9.0% |
| CAPNR Cayson Acquisition Corp. | RIGHT 99/99/9999 | 20,000 | $5K | Reduce -66.2% |
| ADERW 26 Capital Acq Class A -CW27 | *W EXP 12/31/202 | 387,922 | $4K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 23,749 | $4K | No change |
| EURKR Eureka Acquisition Corp.-RTS | RIGHT 07/03/2026 | 9,031 | $3K | New |
| AEAEW Altenergy Acquisition -CW23 | *W EXP 10/29/202 | 120,000 | $3K | Reduce -67.1% |
| BYNOW Bynordic Acquisition -CW27 | *W EXP 07/01/202 | 92,770 | $3K | Reduce -46.1% |
| FVNNR Future Vision II Acquisi-RTS | RIGHT 06/29/2029 | 21,689 | $3K | Reduce -85.8% |
| IMAQW International Media Ac -CW28 | *W EXP 99/99/999 | 243,097 | $3K | Add +27.9% |
| SOULPOWER ACQUISITION CORP | RIGHT 99/99/9999 | 15,000 | $3K | New |
| SHAZW TKB Critical Technolog -CW23 | Warrant | 62,800 | $3K | New |
| DPCSW DP Cap Acquisition A -CW23 | *W EXP 11/08/202 | 100,000 | $3K | No change |
| CHEB.WS Chenghe Acquisition II - 29 | *W EXP 05/30/203 | 25,000 | $2K | No change |
| BHACW Crixus BH3 Acquisition -CW26 | *W EXP 99/99/999 | 20,832 | $2K | No change |
| ATEKW Athena Technology Acq -CW23 | *W EXP 10/17/202 | 96,814 | $2K | Add +132.7% |
| ASCWF A Spac II Acquisition -CW27 | *W EXP 10/15/202 | 167,188 | $2K | Reduce -5.6% |
| NORTHERN REVIVAL ACQUISITION | *W EXP 01/31/202 | 71,044 | $2K | No change |
| VMCWF Valuence Merger Corp. -CW27 | *W EXP 99/99/999 | 181,460 | $2K | Add +49.4% |
| NSTB.WS Northern Star Inv Class A -CW28 | *W EXP 01/31/202 | 337,615 | $2K | No change |
| CNXXW Conx Corp. Class A -CW27 | *W EXP 10/30/202 | 156,037 | $2K | Add +6.8% |
| INTEW Integral Acquisition -CW28 | *W EXP 05/31/202 | 100,230 | $2K | No change |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | 123,475 | $1K | No change |
| FTIIW Futuretech II Acq -CW27 | *W EXP 08/18/202 | 40,759 | $1K | Add +35.9% |
| LOTWW Lotus Technology Inc.-28 | *W EXP 02/22/202 | 20,000 | $1K | No change |
| AFARW Aura Fat Projects Acqui -27 | *W EXP 99/99/999 | 60,145 | $601 | No change |
| CHEAW Chenghe Acquisition -A-CW27 | *W EXP 04/22/202 | 58,751 | $588 | No change |
| WINVW Winvest Acquisition -CW23 | *W EXP 08/09/202 | 110,000 | $561 | No change |
| FIACW Focus Impact Acquisit -CW23 | *W EXP 99/99/999 | 54,951 | $550 | No change |
| YOTAW Yotta Acquisition Corp. -27 | *W EXP 03/15/202 | 404,800 | $486 | Add +3.9% |
| ASCRF A Spac II Acquisition-Right | RIGHT 10/15/2026 | 10,000 | $400 | New |
| DMAAR Drugs Made in America Ac-RTS | RIGHT 12/09/2029 | 2,000 | $375 | New |
| HLGNW Heliogen Inc. -CW28 | *W EXP 12/30/202 | 50,000 | $355 | No change |
| FACTW Fact II Acquisition Corp. -29 | *W EXP 11/26/203 | 1,000 | $350 | New |
| DRTSW Alpha Tau Medical Ltd. -27 | *W EXP 99/99/999 | 980 | $333 | New |
| FLFVW Feutune Light Acquisit -29 | *W EXP 06/01/202 | 30,000 | $300 | No change |
| CBRGF Chain Bridge I-A -CW28 | *W EXP 11/10/202 | 11,821 | $299 | Reduce -29.7% |
| RNGTW Range Capital Acquisition Co. | *W EXP 09/29/203 | 1,000 | $290 | New |
| ACAXW Alset Capital Acq-CW27 | *W EXP 01/31/202 | 25,000 | $250 | No change |
| EVCOW Everest Consolidator Acquisi | *W EXP 99/99/999 | 20,300 | $225 | Reduce -0.5% |
| ATCHW Atlasclear Holdings Inc. - 29 | COM | 9,000 | $202 | New |
| IFIN.WS 1NFINT Acquisition Corp.-CW27 | *W EXP 99/99/999 | 19,256 | $193 | No change |
| RACYW Relativity Acquisition-CW27 | *W EXP 12/15/202 | 19,008 | $190 | No change |
| TRONW Corner Growth Acquisiti-CW23 | *W EXP 99/99/999 | 16,000 | $160 | No change |
| EVE.WS Eve Mobility Acquisit A -23 | *W EXP 12/31/202 | 3,351 | $151 | New |
| CNGLW Canna-Global Acquisit -CW23 | *W EXP 99/99/999 | 1,482,378 | $148 | Reduce -0.0% |
| BOCNW Blue Ocean Acquisition A -23 | *W EXP 99/99/999 | 693,207 | $139 | No change |
| ABPWW Atlantic Coast Acq -CW23 | *W EXP 11/12/202 | 8,154 | $134 | Reduce -21.3% |
| SBIGW Springbig Holdings Incw | *W EXP 06/14/202 | 221,224 | $133 | No change |
| MMTXW Miluna Acquisition Corp. | *W EXP 09/29/203 | 1,000 | $110 | New |
| PUCKW Goal Acquisitions Corp.-CW | *W EXP 99/99/999 | 998,750 | $100 | No change |
| CLINW Clean Earth Acquisitions -28 | *W EXP 99/99/999 | 9,000 | $90 | New |
| NVACW Northview Acquisition -23 | COM | 1,500 | $53 | New |
| IGTAW Inception Growth Acq -23 | *W EXP 10/15/202 | 1,000 | $41 | New |
| CMCWF Capitalworks Emerging-CW23 | *W EXP 99/99/999 | 3,000 | $38 | New |
Largest 200 of 217 shown.
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q3 2025 → Q4 2025
| NKLR Terra Innovatum Global NV | Sold out | 0.00% | −2.62 |
| BDCIU BTC Development Corp. | Reduce -94.2% | 0.11% | −2.34 |
| RITM Rithm Capital Corp. | Sold out | 0.00% | −1.93 |
| MRLN Merlin Inc. | Reduce -87.4% | 0.20% | −1.77 |
| CEPT Cantor Equity Partners Class A | Sold out | 0.00% | −1.50 |
| CEPF Cantor Equity Partners Class A | Reduce -29.1% | 1.88% | −1.49 |
| ONEN One Nuclear Energy Inc. | Sold out | 0.00% | −1.49 |
| BEAG Bold Eagle Acquisition Cor-A | Reduce -91.5% | 0.11% | −1.46 |
| BRR Columbus Circle Capital Co. Class A | Sold out | 0.00% | −1.39 |
| MRUS Merus NV | Sold out | 0.00% | −1.05 |
| FYBR Frontier Communications Pare | Reduce -39.2% | 0.95% | −1.01 |
| KCHV Kochav Defense Acquisition-A | Sold out | 0.00% | −1.00 |
| CHEGG INC (CHGG 0 09/01/26) | Sold out | 0.00% | −0.99 |
| JACS Jackson Acquisition Co. Class A | Reduce -46.5% | 0.69% | −0.96 |
| ALF Centurion Acquisition Corp. | Reduce -52.7% | 0.57% | −0.95 |
| CCII Cohen Circle Acquisit II - A | Reduce -14.3% | 1.86% | −0.90 |
| RAAQ Real Asset Acquisiti Class A | Reduce -83.5% | 0.13% | −0.89 |
| DRDB Roman DBDR Acquisition Corp. | Reduce -11.3% | 1.78% | −0.77 |
| ENHA Enhanced Group Inc. | Sold out | 0.00% | −0.74 |
| PMTR Perimeter Acquis Corp. I Class A | Reduce -40.0% | 0.64% | −0.71 |
| BCSS Bain Capital GSS Inv- A | Reduce -25.9% | 0.96% | −0.71 |
| IPCX Inflection Point Acquisiti-A | Reduce -49.3% | 0.46% | −0.69 |
| GTEN Gores Holdings X Inc. Class A | Reduce -2.8% | 2.21% | −0.69 |
| HAYMAKER ACQUISITION CORP 4 | Reduce -41.5% | 0.57% | −0.68 |
| PLAOF Patria Latin American Opport | Sold out | 0.00% | −0.60 |
| HCMA HCM III Acquisition Cor Class A | Reduce -9.8% | 1.25% | −0.58 |
| VRNA Verona Pharma Ltd. | Sold out | 0.00% | −0.47 |
| CUB Lionheart Holdings Class A | Sold out | 0.00% | −0.45 |
| OYSE Oyster Enterprises II Acq-A | Reduce -10.6% | 1.04% | −0.44 |
| KDK Kodiak AI Inc. | Sold out | 0.00% | −0.43 |
| AEXA American Exceptionalism Class A | Sold out | 0.00% | −0.41 |
| ZLSSF Zalatoris II Acquisition Cor | Sold out | 0.00% | −0.39 |
| FTW Eqv Ventures Acquisition C-A | Reduce -50.0% | 0.23% | −0.35 |
| IMXI International Money Express | Reduce -63.3% | 0.16% | −0.34 |
| EVAC Eqv Ventures Acquisition C-A | Reduce -9.0% | 0.79% | −0.32 |
| VRNT Verint Systems Inc. | Sold out | 0.00% | −0.30 |
| SIMA Sim Acquisition Corp. I-A | Sold out | 0.00% | −0.30 |
| FERA Fifth Era Acquisition Corp. Class A | Reduce -8.2% | 0.75% | −0.28 |
| QUMSU Quantumsphere Acquisition Co. | Sold out | 0.00% | −0.26 |
| TVAIU Thayer Ventures Acquisition | Sold out | 0.00% | −0.24 |
| EMPD Empery Digital Inc. | Sold out | 0.00% | −0.24 |
| SPNS Sapiens International Corp. | Sold out | 0.00% | −0.23 |
| BAYA Bayview Acquisition Corp. Class A | Reduce -41.3% | 0.20% | −0.22 |
| DMIIU Drugs Made in America Acquis | Sold out | 0.00% | −0.22 |
| INFA Informatica Inc. Class A | Sold out | 0.00% | −0.21 |
| SQNS Sequans Communications-ADR | Reduce -41.0% | 0.05% | −0.18 |
| ALPHATIME ACQUISITION CORP | Sold out | 0.00% | −0.17 |
| AFAR Aura Fat Projects Acqui Class A | Sold out | 0.00% | −0.17 |
| HAIAF Healthcare AI Acquisition -A | Sold out | 0.00% | −0.15 |
| PAII Pyrophyte Acquisition Corp. Class A | Reduce -62.2% | 0.06% | −0.15 |
Portfolio Buys Q3 2025 → Q4 2025
| APXT Apex Treasury Corp. Class A | New | 2.33% | +2.33 |
| CEPO Cantor Equity Partners I-A | Add +877.2% | 2.64% | +2.30 |
| CRANU Crane Harbor Acquisition Cor | New | 2.29% | +2.29 |
| DYNC Dynamix Corp. | New | 2.19% | +2.19 |
| VLOS Velos Acquisition I Corp. | Add +163.5% | 3.56% | +1.84 |
| NWAX.U New America Acquisition I Co. | New | 1.79% | +1.79 |
| DNMX Dynamix Corp. III Class A | New | 1.66% | +1.66 |
| RAC Rithm Acquisition Corp. Class A | New | 1.60% | +1.60 |
| BDCI BTC Development Corp. Class A | New | 1.58% | +1.58 |
| DAY Dayforce Inc. | New | 1.57% | +1.57 |
| BCAR D. Boral Arc Acquisit Class A | Add +1288.5% | 1.67% | +1.51 |
| EXAS Exact Sciences Corp. | New | 1.26% | +1.26 |
| HCACU Hall Chadwick Acquisition Co. | New | 1.00% | +1.00 |
| CEPV Cantor Equity Partners Class A | New | 0.97% | +0.97 |
| HOLX Hologic Inc. | New | 0.86% | +0.86 |
| RNAM Avidity Biosciences Inc. | New | 0.83% | +0.83 |
| CAEP Cantor Equity Partners III-A | Add +91.7% | 2.44% | +0.79 |
| PCAP Procap Acquisition Corp. Class A | Add +115.9% | 1.94% | +0.77 |
| CWAN Clearwater Analytics HDS-A | New | 0.72% | +0.72 |
| Aurora Innovation, Inc. | Add +125.0% | 1.89% | +0.71 |
| YCY Aa Mission Acquisition-A | New | 0.68% | +0.68 |
| PELI Pelican Acquisition Corp. | New | 0.66% | +0.66 |
| SCIIU SC II Acquisition Corp. | New | 0.63% | +0.63 |
| FOLD Amicus Therapeutics Inc. | New | 0.62% | +0.62 |
| SDHI Siddhi Acquisition Corp. Class A | Add +199.3% | 1.00% | +0.58 |
| XRPN Armada Acquisition Class A | Add +67.0% | 2.62% | +0.57 |
| ALUB.U Alussa Energy Acquisition Co. | New | 0.56% | +0.56 |
| AAM Aa Mission Acquisition Cor-A | New | 0.55% | +0.55 |
| MLAC Mountain Lake Acquisition-A | New | 0.52% | +0.52 |
| MCGA Yorkville Acquisition Corp. Class A | Add +393.5% | 0.70% | +0.51 |
| VHCPU Vine Hill Capital Investment | New | 0.49% | +0.49 |
| PACH Pioneer Acquisition I Class A | New | 0.48% | +0.48 |
| NHIC Newhold Investment Cor III-A | New | 0.42% | +0.42 |
| IRHOU Iron Horse Acquisition II Co. | New | 0.41% | +0.41 |
| MKLY McKinley Acquisition Co. Class A | New | 0.40% | +0.40 |
| COLA Columbus Acquisition Corp. | New | 0.40% | +0.40 |
| NSTR Northstar Earth & Space Ente | New | 0.39% | +0.39 |
| TACH Titan Acquisition Corp. Class A | New | 0.38% | +0.38 |
| TLNC Talon Capital Corp. Class A | New | 0.38% | +0.38 |
| OTGA Otg Acquisition Corp. I Class A | Add +77.0% | 1.14% | +0.31 |
| COPL Copley Acquisition Corp. Class A | New | 0.31% | +0.31 |
| PLYM Plymouth Industrial REIT Inc. | New | 0.30% | +0.30 |
| SILVIA INC (SVIA 0 12/05/28) | New | 0.30% | +0.30 |
| ANSC Agriculture & Natural Soluti | New | 0.30% | +0.30 |
| SMLR Semler Scientific Inc. | New | 0.29% | +0.29 |
| AL Sumisho Air Lease Corp. | Add +276.9% | 0.41% | +0.27 |
| HDRN Hadron Energy Inc. | New | 0.26% | +0.26 |
| TDAC Translational Development Ac | New | 0.24% | +0.24 |
| BLUW Blue Water Acquisition C-A | New | 0.23% | +0.23 |
| BLRKU Bluerock Acquisition Corp. | New | 0.22% | +0.22 |
Options Activity Q3 2025 → Q4 2025
| IBIT iShares Bitcoin Trust ETF | put | New | 2,500 | $1.1M |
| MBB iShares MBS ETF | put | Sold out | 250,000 | $813Kbefore exit |
| SQNS Sequans Communications-ADR | call | Sold out | 15,000 | $304Kbefore exit |
| KDK Kodiak AI Inc. | call | New | 14,914 | $224K |
| HVIIR Hennessy Capital Investment | call | Sold out | 71,400 | $202Kbefore exit |
| IMXI International Money Express | put | New | 739 | $46K |
| CTLP Cantaloupe Inc. | put | New | 2,499 | $44K |
| OGN Organon & Co. | call | New | 1,000 | $10K |
| SQNS Sequans Communications-ADR | put | New | 33 | $8K |
| RZLV Rezolve AI PLC | call | New | 530 | $4K |
| CEPO Cantor Equity Partners I-A | put | New | 1 | $374 |
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
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | Sold out | 341,794 | $6.3Mbefore exit |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | Add +400.9% | 2,979,478 | $4.6M |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Add +67.3% | 514,000 | $4.3M |
| JOBY.WS Joby Aviation Inc. -CW25 | *W EXP 08/10/202 | Sold out | 468,817 | $2.8Mbefore exit |
| USA RARE EARTH INC | *W EXP 03/13/203 | Sold out | 290,346 | $2.1Mbefore exit |
| CRAQR Cal Redwood Acquisition Corp. | RIGHT 05/15/2030 | Add +4.6% | 5,755,598 | $1.9M |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | Sold out | 1,834,980 | $1.3Mbefore exit |
| KYIVW Kyivstar Group Ltd. -30 | *W EXP 08/14/203 | Add +18.0% | 348,973 | $1.2M |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | Sold out | 561,000 | $1.2Mbefore exit |
| IPEXR Inflection Point Acquisition | RIGHT 99/99/9999 | Add +2553.2% | 1,135,076 | $908K |
| RTACW Renatus Tactical Acqu - 30 | *W EXP 05/15/203 | New | 1,062,477 | $863K |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | Sold out | 703,043 | $858Kbefore exit |
| TVACW Texas Ventures Acq -31 | *W EXP 04/23/203 | New | 828,514 | $746K |
| GSRFR GSR IV Acquisition Corp.-RTS | RIGHT 08/22/2030 | Add +132.7% | 313,433 | $727K |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | Add +88.4% | 1,134,346 | $658K |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | Reduce -8.0% | 1,506,274 | $569K |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | Sold out | 150,000 | $549Kbefore exit |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | Sold out | 793,489 | $493Kbefore exit |
| LKSPR Lake Superior Acquisition Co. | RIGHT 09/19/2030 | New | 282,770 | $481K |
| OYSER Oyster Enterprises II Acquis | RIGHT 05/22/2030 | Reduce -0.1% | 2,309,640 | $462K |
| BULLW Webull Corp.-30 | *W EXP 04/10/203 | Sold out | 75,000 | $456Kbefore exit |
| KCHVR Kochav Defense Acquisition-R | RIGHT 05/21/2030 | Reduce -29.2% | 1,821,055 | $437K |
| HCMAW HCM III Acquisition Corp. -30 | *W EXP 07/23/203 | New | 775,982 | $388K |
| VNMEW Vendome Acquisition Corp. I | *W EXP 07/03/202 | Add +474.9% | 1,437,308 | $359K |
| BDCIW BTC Development Corp. - 30 | *W EXP 09/11/203 | Add +44.5% | 794,872 | $358K |
| AAM.WS Aa Mission Acquisition -30 | *W EXP 08/01/203 | Add +231.9% | 2,040,894 | $346K |
| CCIIW Cohen Circle Acq II -30 | *W EXP 07/01/203 | Add +15.6% | 458,921 | $321K |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | Add +49.9% | 548,426 | $318K |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | Sold out | 149,465 | $314Kbefore exit |
| APXTW Apex Treasury Corp. -30 | *W EXP 10/07/203 | New | 1,126,651 | $313K |
| PAII.WS Pyrophyte Acquisition Corp. I | *W EXP 07/30/203 | Reduce -0.1% | 796,316 | $303K |
| MCGAW Yorkville Acquisition - 30 | *W EXP 06/06/203 | Add +54.2% | 588,417 | $294K |
| BLZRW Trailblazer Acqui Corp. -30 | *W EXP 09/30/203 | Reduce -3.4% | 609,529 | $293K |
| TVAIR Thayer Ventures Acquisition | RIGHT 05/15/2030 | Add +123.2% | 1,378,212 | $289K |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | Add +80.3% | 902,061 | $289K |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 | Reduce -1.0% | 1,127,876 | $282K |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | New | 418,899 | $272K |
| AXINR Axiom Intelligence Acquisiti | RIGHT 06/10/2030 | Add +140.2% | 1,288,895 | $271K |
| BACQR Inflection Point Acquisition | RIGHT 11/04/2026 | Sold out | 397,712 | $270Kbefore exit |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | Add +189.1% | 2,023,952 | $270K |
| PLMKW Plum Acquisition Corp. IV-30 | *W EXP 08/19/202 | Add +0.6% | 950,140 | $257K |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | Add +71.1% | 333,613 | $251K |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | New | 770,528 | $250K |
| MLACR Mountain Lake Acquisition Co. | RIGHT 11/15/2028 | New | 1,014,266 | $243K |
| DNMXW Dynamix Corp. III | *W EXP 10/10/203 | New | 754,978 | $242K |
| XRPNW Armada Acquisition Corp - A | *W EXP 05/21/203 | Reduce -39.1% | 254,255 | $226K |
| RANGR Range Capital Acquisition Co. | RIGHT 99/99/9999 | Add +56.0% | 501,888 | $226K |
| GTERR Globa Terra Acquisition-RTS | RIGHT 06/17/2030 | Reduce -0.0% | 1,672,093 | $218K |
| SOCAW Solarius Capital Acqui -30 | *W EXP 07/10/203 | Reduce -1.5% | 758,791 | $213K |
| BLUWW Blue Water Acquisition-CW26 | *W EXP 05/23/203 | New | 397,863 | $211K |
Showing the first 50 of 203.
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 | 217 | $1.2B | GFUZ, CEPO, VLOS, RDAG, DYNC |
| Q1 2026 | 195 | $1.3B | VLOS, CEPO, RDAG, CAEP, CRAN |
| Q4 2025 | 195 | $1.2B | VLOS, CEPO, XRPN, RDAG, CAEP |
| Q3 2025 | 136 | $905.6M | CEPF, GTEN, CCII, RDAG, NKLR |
| Q2 2025 | 87 | $519.2M | ARES ACQUISITION CORP II, MRLN, DRDB, CRAQ, GPAT |
| Q1 2025 | 81 | $267.6M | RENEF, ARES ACQUISITION CORP II, DESP, POLE, NVRO |
| Q4 2024 | 80 | $271.4M | RENEF, FYBR, CDMO, STI, ANSC |
| Q3 2024 | 124 | $354.4M | IVCBF, GIGGU, RENEF, SKGR, FYBR |
| Q2 2024 | 154 | $523.5M | CVII, IVCBF, RRACF, MCAA, EVCO |
| Q1 2024 | 165 | $582.3M | SCRM, CVII, RDZN, OKLO, MCAA |