MMCAP International Inc. SPC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), MMCAP International Inc. SPC reported 161 stock positions worth $1.2 billion. Its top holding was Aris Mining (ARIS) at 8.8% of the portfolio, followed by Algoma Steel (ASTL, 3.8%) and Churchill Capital Class A (CXII, 2.5%). Compared with Q1 2026, it opened 44 new positions, sold out of 24, added to 10 and reduced 15. The biggest buy was a new position in Churchill Capital Class A (CXII) and the biggest sale an exit from Xanadu Quantum Technolo Class B (XNDU).
- Most Recent 13F
- Q2 2026
- Location
- GRAND CAYMAN, E9
- CIK
- 0001304857
- Portfolio Value
- $1.2B (Q2 2026)
- SEC Filing
- 0000912282-26-001105 ↗ filed Aug 14, 2026
Holdings Value
Holdings 161 stocks · $1.2B
| ARIS Aris Mining Corp. | 8.80% | 6,830,759 | $101.8M | Reduce -12.6% |
| ASTL Algoma Steel Group Inc. | 3.84% | 10,954,738 | $44.4M | Reduce -14.7% |
| CXII Churchill Capital Corp. Class A | 2.49% | 2,700,000 | $28.8M | New |
| DMII Drugs Made in America Acquis | 2.35% | 2,700,000 | $27.2M | No change |
| NXE Nexgen Energy Ltd. | 2.19% | 2,694,352 | $25.3M | Add +10.9% |
| CGCFU Cartesian Growth Corp. IV | 2.03% | 2,350,000 | $23.5M | New |
| NPAC New Providence Acquisition-A | 1.97% | 2,200,000 | $22.8M | No change |
| IPFX Inflection Point Acqui Class-A | 1.73% | 1,931,762 | $20.0M | New |
| FERA Fifth Era Acquisition Corp. Class A | 1.71% | 1,900,000 | $19.8M | No change |
| TAC Transalta Corp. | 1.57% | 1,310,100 | $18.1M | New |
| FTRA.U Futurecorp Space Acquisition | 1.53% | 1,750,000 | $17.7M | New |
| MZYX Mozayyx Acquisition Cor Class A | 1.51% | 1,750,000 | $17.4M | No change |
| IACO Idea Acquisition Corp. Class-A | 1.50% | 1,750,000 | $17.3M | No change |
| IPVVU Interprivate Investment Part | 1.46% | 1,700,000 | $16.9M | New |
| CCXI Churchill Capital Corp. Class A | 1.43% | 950,474 | $16.6M | New |
| CRDL Cardiol Therapeutics Inc. Class A | 1.43% | 15,598,560 | $16.5M | Add +1.6% |
| RDAG Republic Digital Acquis Class A | 1.40% | 1,565,000 | $16.2M | No change |
| LPAA Launch One Acquisition Corp. | 1.39% | 1,480,000 | $16.0M | No change |
| CEPF Cantor Equity Partners Class A | 1.35% | 1,500,000 | $15.6M | No change |
| IRHO Iron Horse Acquisitions Corp. | 1.30% | 1,500,000 | $15.0M | No change |
| MESH Meshflow Acquisition Co. Class A | 1.30% | 1,500,000 | $15.0M | New |
| WLCOU Wilco 63 Corp.-Unit | 1.29% | 1,500,000 | $14.9M | New |
| QADR Qdro Acquisition Corp. Class A | 1.29% | 1,500,000 | $14.9M | No change |
| APTV Aptiv PLC | 1.28% | 240,889 | $14.8M | Add +3.4% |
| IPCX Inflection Point Acquisiti-A | 1.25% | 1,400,000 | $14.5M | No change |
| HACQ HCM IV Acquisition Corp. Class-A | 1.21% | 1,400,000 | $14.0M | No change |
| GPAT GP-Act III Acquisition-A | 1.20% | 1,275,000 | $13.9M | No change |
| CAES Cantor Equity Partners Vii-A | 1.18% | 1,350,000 | $13.6M | New |
| CEPV Cantor Equity Partners Class A | 1.07% | 1,200,000 | $12.4M | No change |
| WENN Wen Acquisition Corp. Class A | 1.07% | 1,200,000 | $12.3M | No change |
| ALOV Aldabra 4 Liquidity Opp Class A | 1.03% | 1,200,000 | $11.9M | No change |
| GM General Motors Co. | 1.00% | 150,635 | $11.6M | Add +12.4% |
| ZONE Zone Frontier Inc. filed as CLEANCORE SOLUTIONS INC | 0.99% | 13,950,444 | $11.4M | Reduce -17.3% |
| MBVI M3-Brigade Acquisition Class A | 0.96% | 1,100,000 | $11.1M | No change |
| MELI MercadoLibre Inc. | 0.92% | 6,298 | $10.7M | New |
| SBXDF Silverbox Corp. IV-A | 0.92% | 980,000 | $10.6M | No change |
| CUB Lionheart Holdings Class A | 0.91% | 980,000 | $10.6M | No change |
| UAC United Acquisition Corp. I-A | 0.90% | 1,050,000 | $10.4M | No change |
| FCRS Futurecrest Acquisition Class A | 0.89% | 1,000,000 | $10.3M | No change |
| HCMA HCM III Acquisition Cor Class A | 0.89% | 1,000,000 | $10.3M | No change |
| SE Sea Ltd.-ADR | 0.88% | 106,638 | $10.2M | New |
| STM Stmicroelectronics NV-NY SHS | 0.88% | 135,542 | $10.2M | Reduce -56.3% |
| GHXIU Gores Holdings Xi Inc. | 0.88% | 1,000,000 | $10.2M | New |
| BLZR Trailblazer Acquisition Class A | 0.87% | 1,000,000 | $10.1M | No change |
| ADAC American Drive Acquisit Class A | 0.87% | 1,000,000 | $10.0M | No change |
| LPCV Launchpad Cadenza Acqui Class A | 0.86% | 1,000,000 | $10.0M | No change |
| SHOTU RMG ML Sports Holdings | 0.80% | 925,000 | $9.2M | New |
| DNN Denison Mines Corp. | 0.76% | 2,857,531 | $8.7M | No change |
| SNAP Snap Inc. Class A | 0.75% | 1,958,828 | $8.7M | No change |
| ISNRU Snow Rothschild Acquisition | 0.74% | 850,000 | $8.5M | New |
| ITHA Ithax Acquisition Corp. Class A | 0.69% | 800,000 | $8.0M | No change |
| AESPU Aeon Acquisition I Corp. | 0.68% | 778,500 | $7.9M | New |
| SUIG Sui Group Holdings Ltd. | 0.68% | 6,750,751 | $7.8M | Add +1.5% |
| PACH Pioneer Acquisition I Class A | 0.66% | 750,000 | $7.7M | No change |
| OBA Oxley Bridge Acquisitio Class A | 0.66% | 750,000 | $7.7M | No change |
| NHIC Newhold Investment Cor III-A | 0.66% | 700,000 | $7.6M | Add +250.0% |
| SBXE Silverbox Corp. V Class A | 0.65% | 750,000 | $7.5M | New |
| DBCA D. Boral Acquisition I Class A | 0.65% | 750,000 | $7.5M | No change |
| AEXA American Exceptionalism Class A | 0.65% | 631,494 | $7.5M | No change |
| GTEN Gores Holdings X Inc. Class A | 0.63% | 700,000 | $7.3M | No change |
| CRAN Crane Harbor Acquisitio Class A | 0.57% | 650,000 | $6.6M | No change |
| POLE Andretti Acquisition Corp. Class A | 0.54% | 580,000 | $6.2M | No change |
| NOEM CO2 Energy Transition Corp. | 0.53% | 590,000 | $6.2M | No change |
| ONCH 1RT Acquisition Corp. Class A | 0.53% | 600,000 | $6.2M | No change |
| SVIV Spring Valley Acquisitio-A | 0.53% | 600,000 | $6.1M | No change |
| IRAB Iris Acquisition Corp. I Class A | 0.52% | 600,000 | $6.0M | No change |
| JMIA Jumia Technologies AG-ADR | 0.49% | 811,535 | $5.7M | New |
| BABA Alibaba Group Holding-SP ADR | 0.49% | 58,962 | $5.7M | New |
| MOS The Mosaic Co. | 0.47% | 257,538 | $5.5M | Add +55.2% |
| LPBB Launch Two Acquisition Class A | 0.44% | 480,000 | $5.1M | No change |
| FIGX Figx Capital Acquisition C-A | 0.44% | 500,000 | $5.1M | No change |
| MLAA Mountain Lake Acquisiti Class A | 0.43% | 500,000 | $5.0M | No change |
| CAQ Cambridge Acquisition Corp. Class A | 0.43% | 500,000 | $5.0M | No change |
| NTWO Newbury Street II Ac Class A | 0.41% | 450,000 | $4.8M | No change |
| VGNT Versigent PLC | 0.41% | 113,680 | $4.8M | Add +46.5% |
| PROF Profound Medical Corp. | 0.39% | 671,356 | $4.5M | Reduce -9.9% |
| CEPS Cantor Equity Partners Vi -A | 0.36% | 400,000 | $4.1M | No change |
| TWLV Twelve Seas Investment Co. Class A | 0.35% | 400,000 | $4.0M | No change |
| BLRK Bluerock Acquisition Corp. Class A | 0.35% | 400,000 | $4.0M | No change |
| MEVO M Evo Global Acquisitio Class A filed as M EVO GBL ACQUISITION CORP I | 0.34% | 400,000 | $4.0M | No change |
| SBET Sharplink Inc. | 0.34% | 807,600 | $3.9M | No change |
| AN Autonation Inc. | 0.32% | 19,718 | $3.7M | New |
| KEEL Keel Infrastructure Corp. | 0.32% | 635,000 | $3.6M | Reduce -62.5% |
| ATLQU Jab Acquisition Corp. I | 0.30% | 350,000 | $3.5M | New |
| ARTC Art Technology Acquisit Class A | 0.30% | 352,300 | $3.5M | New |
| BHAV Bhav Acquisition Corp. Class A | 0.30% | 350,000 | $3.5M | No change |
| STLA Stellantis NV | 0.27% | 550,000 | $3.2M | New |
| IPXG Inflection Point Acquisition filed as COLUMBUS CIRCLE CAP CORP II | 0.26% | 300,000 | $3.0M | No change |
| YICCU Yorkville International Capi | 0.26% | 300,000 | $3.0M | New |
| ARCI Archimedes Tech Spac Partner | 0.26% | 300,000 | $3.0M | No change |
| SCPQ Social Commerce Partner Class-A | 0.26% | 300,000 | $3.0M | New |
| MUZE Muzero Acquisition Corp. Class A | 0.26% | 300,000 | $3.0M | No change |
| SVCC Stellar V Capital Corp. Class A | 0.26% | 280,000 | $3.0M | No change |
| CRON Cronos Group Inc. | 0.24% | 999,490 | $2.8M | No change |
| WS Worthington Steel Inc. | 0.24% | 82,622 | $2.8M | New |
| BACC Blue Acquisition Corp. Class A | 0.23% | 250,000 | $2.6M | No change |
| LWAC Lightwave Acquisition Corp. Class A | 0.22% | 250,000 | $2.6M | No change |
| RNGT Range Capital Acquisit Class A | 0.22% | 250,000 | $2.5M | No change |
| XCBE X3 Acquisition Corp. Ltd. Class A | 0.22% | 250,000 | $2.5M | New |
| PLRZ Polyrizon Ltd. | 0.22% | 199,470 | $2.5M | New |
| BIII Black Spade Acquisition Class A | 0.22% | 250,000 | $2.5M | New |
| LEGO Legato Merger Corp. IV | 0.21% | 250,000 | $2.5M | No change |
| EU Encore Energy Corp. | 0.21% | 1,863,579 | $2.4M | Reduce -55.2% |
| MT Arcelormittal-NY Registered | 0.20% | 37,668 | $2.3M | Reduce -64.4% |
| ADUR Aduro Clean Technologies Inc. | 0.19% | 140,432 | $2.2M | New |
| NWAX New America Acquisition Class A | 0.18% | 209,726 | $2.1M | No change |
| BLUW Blue Water Acquisition C-A filed as BLUE WTR ACQUISITION CORP. I | 0.18% | 200,000 | $2.1M | No change |
| QXL Quantum X Labs Inc. | 0.18% | 361,573 | $2.1M | Add +211.7% |
| OYSE Oyster Enterprises II Acq-A | 0.18% | 200,000 | $2.1M | No change |
| SAAQ Space Asset Acquisition Class A | 0.18% | 200,000 | $2.0M | No change |
| KMX Carmax Inc. | 0.18% | 38,498 | $2.0M | Reduce -21.8% |
| DSAC Daedalus Special Acquis Class A | 0.17% | 200,000 | $2.0M | New |
| EVOX Evolution Global Acquis Class A | 0.17% | 200,000 | $2.0M | No change |
| AEAQ Activate Energy Acquisitio-A | 0.17% | 200,000 | $2.0M | New |
| BWA Borgwarner Inc. | 0.17% | 30,075 | $2.0M | Reduce -57.7% |
| ZOOZ Zooz Strategy Ltd. | 0.17% | 350,000 | $1.9M | No change |
| GSHR Gesher Acquisition Corp. II-A | 0.16% | 175,000 | $1.8M | No change |
| UPXI Upexi Inc. | 0.16% | 2,326,777 | $1.8M | No change |
| HCAC Hall Chadwick Acquisition-A | 0.15% | 175,000 | $1.8M | No change |
| FTHA Forefront Tech Hol Acqu Class-A | 0.15% | 175,000 | $1.7M | New |
| SBMT Silver Bow Mining Corp. | 0.14% | 236,654 | $1.6M | New |
| CHEC Chenghe Acquisition II Class A | 0.13% | 150,000 | $1.5M | No change |
| BIXI Bitcoin Infrastructure Class A | 0.13% | 150,000 | $1.5M | No change |
| LFAC Leapfrog Acquisition Class A | 0.13% | 150,000 | $1.5M | New |
| ORBS Eightco Holdings Inc. | 0.12% | 2,054,795 | $1.4M | No change |
| ATII Archimedes Tech Spac Partner | 0.12% | 125,000 | $1.3M | No change |
| ASST Strive Inc. Class A | 0.12% | 122,480 | $1.3M | No change |
| VGZ Vista Gold Corp. | 0.11% | 658,564 | $1.3M | Reduce -42.2% |
| WY Weyerhaeuser Co. | 0.11% | 52,492 | $1.3M | Reduce -87.2% |
| CDE Coeur Mining Inc. | 0.11% | 75,000 | $1.2M | No change |
| FSLR First Solar Inc. | 0.10% | 4,798 | $1.1M | Reduce -9.4% |
| CCIX Churchill Capital Corp. Ix | 0.09% | 100,000 | $1.1M | No change |
| GFR Greenfire Resources Ltd. | 0.09% | 182,309 | $1.0M | No change |
| PCAP Procap Acquisition Corp. Class A | 0.09% | 100,000 | $1.0M | No change |
| AKTX Akari Therapeutics PLC-ADR | 0.09% | 100,000 | $1.0M | New |
| WLII Willow Lane Acquisition Class A | 0.09% | 100,000 | $1.0M | No change |
| LATA Galata Acqu Corp. II Class A | 0.09% | 100,000 | $1.0M | No change |
| TMTS Spartacus Acquisition C Class A | 0.09% | 100,000 | $1.0M | No change |
| HCIC Hennessy Capital Invest-A | 0.09% | 100,000 | $993K | No change |
| STLD Steel Dynamics Inc. | 0.08% | 3,938 | $904K | Reduce -94.7% |
| AAUC Allied Gold Corp. | 0.07% | 33,778 | $802K | New |
| TDWD Tailwind 2.0 Acquisitio Class A | 0.07% | 75,000 | $753K | No change |
| WRN Western Copper and Gold Corp. | 0.06% | 335,130 | $751K | No change |
| ILLU Illumination Acquisitio Class A | 0.06% | 75,000 | $743K | No change |
| SSAC Spacsphere Acquisition Class A | 0.04% | 50,000 | $499K | New |
| REA Rare Earths Americas Inc. | 0.04% | 30,633 | $468K | New |
| EMAT Evolution Metals & Technolog | 0.04% | 65,000 | $430K | No change |
| BTU Peabody Energy Corp. | 0.04% | 17,600 | $407K | New |
| HCC Warrior Met Coal Inc. | 0.03% | 4,600 | $373K | New |
| UEC Uranium Energy Corp. | 0.03% | 32,335 | $345K | No change |
| IMSR Terrestrial Energy Inc. | 0.03% | 44,279 | $313K | No change |
| ETHA iShares Ethereum Trust ETF | 0.03% | 25,000 | $297K | No change |
| STKE Sol Strategies Inc. | 0.02% | 236,154 | $280K | Reduce -5.5% |
| NFGC New Found Gold Corp. | 0.02% | 119,523 | $184K | No change |
| SPHERE 3D CORP NEW | 0.02% | 64,920 | $179K | New |
| SQNS Sequans Communications-ADR | 0.01% | 51,060 | $174K | Add +35.0% |
| FAC Factorial Energy Inc. | 0.01% | 7,930 | $88K | New |
| FUSE Fusemachines Inc. | 0.00% | 35,000 | $37K | No change |
| ALPS Alps Group Inc. | 0.00% | 54,000 | $31K | No change |
| AEC Anfield Energy Inc. | 0.00% | 6,787 | $29K | No change |
| JTAI Jet.ai Inc. | 0.00% | 6 | $49 | New |
Other holdings (142): bonds, preferreds, convertibles and warrants · $22.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| INFQ.WS Churchill Capital Corp. X | *W EXP 02/17/203 | 430,970 | $3.0M | No change |
| CCXIW Churchill Capital Corp. Xi | *W EXP 12/10/203 | 270,000 | $2.0M | New |
| DRTSW Alpha Tau Medical Ltd. -27 | *W EXP 99/99/999 | 447,622 | $1.3M | No change |
| IPFXW Inflection Point Acqui - 31 | *W EXP 03/03/203 | 499,999 | $940K | No change |
| FACWW Cartesian Growth Corp. -30 | *W EXP 06/04/203 | 675,000 | $918K | New |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 542,308 | $686K | No change |
| IPCXR Inflection Point Acquisition | RIGHT 04/25/2030 | 1,400,000 | $630K | No change |
| FERAR Fifth Era Acquisition Corp. I | RIGHT 02/21/2030 | 1,900,000 | $627K | No change |
| CXIIW Churchill Capital Corp. Xii | *W EXP 04/02/203 | 270,000 | $459K | New |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | 175,000 | $416K | No change |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | 990,000 | $366K | No change |
| OCSAW Oculis Holding AG -30 | *W EXP 03/06/202 | 73,025 | $365K | No change |
| AFRIW Forafric Global PLC -CW27 | *W EXP 06/09/202 | 518,900 | $327K | No change |
| UAC.WS United Acquisition Corp. I | *W EXP 99/99/999 | 262,500 | $326K | New |
| RDAGW Republic Digital Acqu - 30 | *W EXP 05/01/203 | 782,500 | $313K | No change |
| MZYX.WS Mozayyx Acquisition Corp. | *W EXP 99/99/999 | 437,500 | $307K | No change |
| ALFUW Centurion Acquisition - 29 | *W EXP 05/31/203 | 1,237,500 | $286K | No change |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 337,500 | $263K | No change |
| SIMAW Sim Acquisition Corp. - 29 | *W EXP 06/01/203 | 990,000 | $249K | No change |
| TDACW Translational Dev -A -CW26 | *W EXP 12/18/202 | 175,000 | $249K | No change |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 750,000 | $248K | No change |
| IRHOR Iron Horse Acquisiti- Rights | RIGHT 07/11/2030 | 1,500,000 | $241K | New |
| RZLVW Rezolve AI PLC -CW27 | *W EXP 08/15/202 | 250,000 | $225K | No change |
| HCMAW HCM III Acquisition Corp. -30 | *W EXP 07/23/203 | 333,333 | $217K | No change |
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | 2,700,000 | $216K | No change |
| SATLW Satellogic Inc.-A -23 | *W EXP 01/25/202 | 166,666 | $215K | No change |
| WENNW Wen Acquisition Corp.-A -31 | *W EXP 99/99/999 | 600,000 | $213K | No change |
| FCRS.WS Futurecrest Acquisition Corp. | *W EXP 09/30/203 | 250,000 | $213K | No change |
| ADACW American Dr Acq A -30 | *W EXP 02/06/203 | 333,333 | $210K | New |
| NHICW Newhold Investment Corp. - 30 | *W EXP 01/30/203 | 100,000 | $210K | No change |
| QADRW Qdro Acquisition Corp. | *W EXP 03/27/203 | 750,000 | $210K | No change |
| NPACW New Providence Acq A -CW28 | *W EXP 04/24/203 | 733,333 | $205K | No change |
| IACOW Idea Acquisition Corp.-30 | *W EXP 01/06/203 | 583,332 | $198K | No change |
| GPATW GP-Act III Acq Class A -CW27 | *W EXP 05/13/202 | 1,037,500 | $197K | No change |
| BACCR Blue Acquisition Corp.-RTS | RIGHT 06/11/2030 | 250,000 | $195K | No change |
| ALOVW Aldabra 4 Liquidity Opportun | *W EXP 12/23/203 | 400,000 | $192K | New |
| HACQW HCM IV Acquisition Corp. | *W EXP 01/20/203 | 350,000 | $189K | No change |
| LPAAW Launch One Acquisition - 29 | *W EXP 06/01/203 | 990,000 | $188K | No change |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 50,327 | $180K | Reduce -52.2% |
| LPBBW Launch Two Acquisition -29 | *W EXP 10/09/202 | 490,000 | $169K | No change |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 415,000 | $158K | No change |
| MESHW Meshflow Acquisition Corp. | *W EXP 11/20/203 | 500,000 | $150K | No change |
| MBVIW M3-Brigade Acquisition Vi Co. | *W EXP 08/18/203 | 366,666 | $147K | No change |
| SVIVW Spring Valley Acquisition Co. | *W EXP 01/22/203 | 150,000 | $146K | New |
| CRANR Crane Harbor Acquisition-RTS | RIGHT 12/09/2030 | 650,000 | $146K | No change |
| DBCAW D. Boral Acquisition I Corp. | *W EXP 01/30/203 | 375,000 | $143K | New |
| ATIIW Archimedes Tech-30 | *W EXP 10/15/202 | 62,500 | $137K | No change |
| BLZRW Trailblazer Acqui Corp. -30 | *W EXP 09/30/203 | 333,333 | $133K | No change |
| IPXGW Columbus Circle Capital Corp. | *W EXP 02/11/203 | 99,999 | $132K | New |
| LPCVW Launchpad Cadenza Acquisitio | *W EXP 12/15/203 | 333,333 | $130K | New |
| GTENW Gores Holdings X Inc.-31 | *W EXP 05/02/203 | 175,000 | $130K | No change |
| VLOSW M3-Brigade Acquisition -30 | *W EXP 99/99/999 | 349,671 | $129K | No change |
| AENTW Adara Acquisition Class A -CW26 | *W EXP 02/11/202 | 294,000 | $127K | No change |
| SBXE.WS Silverbox Corp. V | *W EXP 09/16/203 | 250,000 | $120K | New |
| NOEMR CO2 Energy Transition Co.-RTS | RIGHT 10/15/2028 | 590,000 | $106K | No change |
| ITHAW Ithax Acquisition Corp. III | *W EXP 11/17/203 | 400,000 | $96K | New |
| OBAWW Oxley Bridge Acq Ltd. -30 | *W EXP 06/17/203 | 375,000 | $81K | No change |
| PACHW Pioneer Acquisition I Corp. | *W EXP 06/16/203 | 375,000 | $81K | No change |
| BHAVR Bhav Acquisition Corp.-RTS | RIGHT 03/18/2031 | 350,000 | $81K | New |
| ONCHW 1RT Acquisition Corp.-A -31 | *W EXP 06/26/203 | 150,000 | $76K | No change |
| SBCWW Pono Capital Two Inc. -27 | *W EXP 09/17/202 | 330,000 | $76K | No change |
| IRAB.WS Iris Acq Corp. II -31 | *W EXP 08/15/203 | 300,000 | $75K | New |
| MEVOW M Evo Global Acq -31 | *W EXP 02/18/203 | 200,000 | $74K | New |
| NOEMW CO2 Energy Transition -28 | *W EXP 08/17/202 | 590,000 | $73K | No change |
| JACKSON ACQUISITION CO II | RIGHT 99/99/9999 | 500,000 | $70K | No change |
| FIGXW Figx Capital Acquisition Cor | *W EXP 06/17/203 | 250,000 | $70K | No change |
| MLAAW Mountain Lake Acquisition Co. | *W EXP 99/99/999 | 250,000 | $68K | No change |
| SCPQW Social Commerce Partner - 30 | *W EXP 02/13/203 | 150,000 | $66K | New |
| NWAX.WS New America Acquisition I Co. | *W EXP 99/99/999 | 104,863 | $63K | New |
| POLEW Andretti Acquisition Corp.-29 | *W EXP 06/01/203 | 290,000 | $61K | No change |
| BLRKW Bluerock Acquisition Corp. | *W EXP 12/12/203 | 133,332 | $60K | New |
| SAAQW Space Asset Acquisition Corp. | *W EXP 03/31/203 | 66,666 | $60K | New |
| TWLVR Twelve Seas Investment Co. II | RIGHT 11/21/2030 | 400,000 | $57K | No change |
| ARCIW Archimedes Tech Spac Partner | *W EXP 01/23/203 | 75,000 | $56K | New |
| NTWOW Newbury Street II Acq - 29 | *W EXP 06/01/203 | 225,000 | $56K | No change |
| SBXWF Silverbox Corp. IV-A- 29 | *W EXP 08/19/202 | 326,666 | $52K | No change |
| HCACR Hall Chadwick Acquisi-Rights | RIGHT 11/20/2030 | 175,000 | $51K | New |
| CAQUW Cambridge Acquisition Corp. | *W EXP 01/30/203 | 166,666 | $50K | No change |
| FTHAW Forefront Tech Holdings Acqu | *W EXP 04/30/203 | 87,500 | $48K | New |
| FUFUW Bitfufu Inc.-28 | *W EXP 03/01/202 | 330,000 | $46K | No change |
| MUZEW Muzero Acquisition - 30 | *W EXP 01/30/203 | 150,000 | $46K | New |
| RNGTW Range Capital Acquisition Co. | *W EXP 09/29/203 | 125,000 | $43K | No change |
| EVOXW Evolution Global Acquisition | *W EXP 10/22/203 | 100,000 | $40K | No change |
| SVCCW Stellar V Capital Corp.-Class-29 | *W EXP 10/15/202 | 140,000 | $39K | No change |
| LWACW Lightwave Acquisition Corp. | *W EXP 06/06/203 | 125,000 | $39K | No change |
| BLUWW Blue Water Acquisition-CW26 | *W EXP 05/23/203 | 100,000 | $38K | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 650,000 | $37K | No change |
| ARTCW Art Technology Acquisition C | *W EXP 12/19/203 | 88,075 | $35K | No change |
| LEGO.WS Legato Merger Corp. IV | *W EXP 99/99/999 | 83,333 | $35K | New |
| XCBEW X3 Acquisition Corp. Ltd. | *W EXP 12/19/203 | 125,000 | $34K | No change |
| BIII.WS Black Spade Acquisition III | *W EXP 99/99/999 | 83,332 | $33K | No change |
| AEAQW Activate Energy Acquisition | *W EXP 11/10/203 | 100,000 | $33K | New |
| ENRDW Einride AB-31 | *W EXP 06/08/203 | 50,000 | $30K | New |
| RDZNW Vahanna Tech Edge -CW24 | *W EXP 11/30/202 | 150,000 | $30K | No change |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 69,810 | $29K | No change |
| DFLIW Chardan Nextech Acquisi-CW27 | *W EXP 10/07/202 | 675,000 | $28K | No change |
| LFACW Leapfrog Acquisition Corp. | *W EXP 11/10/203 | 75,000 | $27K | New |
| DSACW Daedalus Spec Acq -30 | *W EXP 11/24/203 | 50,000 | $26K | New |
| GSHRW Gesher Acquisition Corp. I-30 | *W EXP 10/31/203 | 87,500 | $25K | No change |
| BIXIW Bitcoin Infrastructure Acqui | *W EXP 11/06/203 | 75,000 | $24K | No change |
| WLIIW Willow Lane Acquisition Corp. | *W EXP 12/31/203 | 25,000 | $22K | No change |
| OYSER Oyster Enterprises II Acquis | RIGHT 05/22/2030 | 200,000 | $22K | No change |
| BSAAR Best Spac I Acquisition - RT | RIGHT 05/27/2030 | 125,000 | $21K | No change |
| EONR.WS HNR Acquisition Corp. -CW23 | *W EXP 11/15/202 | 257,500 | $20K | No change |
| TMTSW Spartacus Acquisition Corp. I | *W EXP 01/30/203 | 33,333 | $18K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 175,000 | $18K | No change |
| HCICR Hennessy Capital Investm-RTS | RIGHT 02/02/2031 | 100,000 | $16K | No change |
| CHECW Chenghe Acquisition III Co. | *W EXP 09/09/203 | 75,000 | $15K | No change |
| VSEEW Digital Health Acquist-CW23 | *W EXP 99/99/999 | 500,000 | $15K | No change |
| AMODW Insight Acquisition Co. -CW23 | *W EXP 12/13/202 | 588,000 | $15K | No change |
| HUBCW Hub Cyber Security Ltd.-28 | *W EXP 02/27/202 | 898,991 | $15K | No change |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | 600,000 | $15K | No change |
| OABIW Omniab Inc. - CW26 | *W EXP 99/99/999 | 158,333 | $14K | No change |
| VRXAW Veraxa Biotech Holding-31 | *W EXP 06/08/203 | 125,000 | $14K | New |
| FOXXW 1OXX | *W EXP 09/26/202 | 160,000 | $13K | No change |
| ILLUW Illumination Acquisition Cor | *W EXP 12/23/203 | 25,000 | $12K | Add +0.1% |
| LATAW Galata Acquisition Corp. - 30 | *W EXP 09/12/203 | 33,333 | $12K | No change |
| KITTW Cleantech Acquisition Corpcw | *W EXP 03/15/202 | 500,000 | $12K | No change |
| CDTTW Murphy Canyon Acq-CW27 | *W EXP 09/22/202 | 700,000 | $11K | No change |
| NIVFW Newgenivf Group Ltd.-28 | *W EXP 04/03/202 | 375,000 | $11K | No change |
| PCAPW Procap Acq Corp. A -30 | *W EXP 05/16/203 | 33,333 | $11K | No change |
| FUSEW CSLM Holdings Inc. - 30 | *W EXP 10/22/203 | 175,000 | $11K | No change |
| TDWDR Tailwind 2.0 Acquisition-RTS | RIGHT 11/07/2030 | 75,000 | $9K | No change |
| OIOWW Esgl Holdings Ltd.-28 | *W EXP 08/02/202 | 154,750 | $9K | New |
| CYCUW Cycurion Inc.-CW27 | *W EXP 02/13/203 | 500,000 | $9K | No change |
| LIMNW Liminatus Pharma Inc. Class A-28 | *W EXP 04/30/203 | 111,745 | $8K | No change |
| BENFW Beneficient Co. Group -28 | *W EXP 06/07/202 | 750,000 | $8K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 195,575 | $8K | No change |
| SSACR Spacsphere Acquisition C-RTS | RIGHT 02/06/2031 | 50,000 | $8K | No change |
| MRNOW Murano Global BV-28 | *W EXP 03/19/202 | 500,000 | $7K | No change |
| VLNWF Valens Semiconductor -CW26 | *W EXP 09/30/202 | 214,067 | $6K | No change |
| MSAIW Sportsmap Tech Acq -CW27 | *W EXP 12/19/202 | 175,250 | $5K | No change |
| APLMW Apollomics Inc.-27 | *W EXP 04/01/202 | 250,000 | $5K | No change |
| PARAW 7GC & Co. Holdings Class A -CW26 | *W EXP 12/14/202 | 352,409 | $3K | No change |
| SSACW Spacsphere Acquisition - 31 | *W EXP 02/06/203 | 25,000 | $3K | New |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 150,000 | $3K | No change |
| SMXWW SMX Security Matters PLC-28 | *W EXP 03/07/202 | 125,000 | $3K | No change |
| KIDZW Classover Holdings Inc. - 30 | *W EXP 04/03/203 | 187,500 | $2K | No change |
| GIBOW Gibo Holdings Ltd.-30 | *W EXP 05/08/203 | 125,000 | $2K | No change |
| DAICW Cid Holdco Inc. -26 | *W EXP 12/31/202 | 100,000 | $1K | No change |
| BGLWW Blue Gold Ltd. | *W EXP 04/01/203 | 12,500 | $1K | No change |
| BNCWW Cea Industries Inc. -CW27 | *W EXP 02/11/202 | 742,575 | $52 | No change |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q1 2026 → Q2 2026
| XNDU Xanadu Quantum Technolo Class B | Sold out | 0.00% | −4.20 |
| ARIS Aris Mining Corp. | Reduce -12.6% | 8.80% | −3.86 |
| CCXIU Churchill Capital Corp. Xi | Sold out | 0.00% | −2.41 |
| FAC Factorial Energy Inc. | Sold out | 0.00% | −1.21 |
| ALF Centurion Acquisition Corp. | Sold out | 0.00% | −1.10 |
| STLD Steel Dynamics Inc. | Reduce -94.7% | 0.08% | −1.08 |
| SIMA Sim Acquisition Corp. I-A | Sold out | 0.00% | −0.92 |
| HAYMAKER ACQUISITION CORP 4 | Sold out | 0.00% | −0.91 |
| ASTL Algoma Steel Group Inc. | Reduce -14.7% | 3.84% | −0.79 |
| TONT Graf Global Corp. Class A | Sold out | 0.00% | −0.78 |
| POET Poet Technologies Inc. | Sold out | 0.00% | −0.77 |
| WY Weyerhaeuser Co. | Reduce -87.2% | 0.11% | −0.77 |
| CAEP Cantor Equity Partners III-A | Sold out | 0.00% | −0.67 |
| SBXE.U Silverbox Corp. V | Sold out | 0.00% | −0.66 |
| VLOS Velos Acquisition I Corp. | Sold out | 0.00% | −0.52 |
| EU Encore Energy Corp. | Reduce -55.2% | 0.21% | −0.44 |
| TDAC Translational Development Ac | Sold out | 0.00% | −0.32 |
| MT Arcelormittal-NY Registered | Reduce -64.4% | 0.20% | −0.28 |
| SCPQU Social Commerce Partners Cor | Sold out | 0.00% | −0.26 |
| VACH Voyager Acquisition Corp. | Sold out | 0.00% | −0.26 |
| AEAQU Activate Energy Acquisition | Sold out | 0.00% | −0.18 |
| DSACU Daedalus Special Acquisition | Sold out | 0.00% | −0.17 |
| BWA Borgwarner Inc. | Reduce -57.7% | 0.17% | −0.16 |
| LFACU Leapfrog Acquisition Corp. | Sold out | 0.00% | −0.13 |
| SUNC Sunococorp LLC | Sold out | 0.00% | −0.12 |
| BSAA Best Spac I Acquisition-A | Sold out | 0.00% | −0.11 |
| LEGT Legato Merger Corp. III | Sold out | 0.00% | −0.10 |
| CP Canadian Pacific Kansas City | Sold out | 0.00% | −0.09 |
| VGZ Vista Gold Corp. | Reduce -42.2% | 0.11% | −0.09 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.08 |
| VMET Versamet Royalties Corp. | Sold out | 0.00% | −0.08 |
| STM Stmicroelectronics NV-NY SHS | Reduce -56.3% | 0.88% | −0.06 |
| PROF Profound Medical Corp. | Reduce -9.9% | 0.39% | −0.04 |
| KMX Carmax Inc. | Reduce -21.8% | 0.18% | −0.00 |
| USAR USA Rare Earth Inc. | Sold out | 0.00% | −0.00 |
| STKE Sol Strategies Inc. | Reduce -5.5% | 0.02% | +0.00 |
| FSLR First Solar Inc. | Reduce -9.4% | 0.10% | +0.01 |
| KEEL Keel Infrastructure Corp. | Reduce -62.5% | 0.32% | +0.03 |
| ZONE Zone Frontier Inc. | Reduce -17.3% | 0.99% | +0.47 |
Portfolio Buys Q1 2026 → Q2 2026
| CXII Churchill Capital Corp. Class A | New | 2.49% | +2.49 |
| CGCFU Cartesian Growth Corp. IV | New | 2.03% | +2.03 |
| IPFX Inflection Point Acqui Class-A | New | 1.73% | +1.73 |
| TAC Transalta Corp. | New | 1.57% | +1.57 |
| FTRA.U Futurecorp Space Acquisition | New | 1.53% | +1.53 |
| IPVVU Interprivate Investment Part | New | 1.46% | +1.46 |
| CCXI Churchill Capital Corp. Class A | New | 1.43% | +1.43 |
| MESH Meshflow Acquisition Co. Class A | New | 1.30% | +1.30 |
| WLCOU Wilco 63 Corp.-Unit | New | 1.29% | +1.29 |
| CAES Cantor Equity Partners Vii-A | New | 1.18% | +1.18 |
| MELI MercadoLibre Inc. | New | 0.92% | +0.92 |
| SE Sea Ltd.-ADR | New | 0.88% | +0.88 |
| GHXIU Gores Holdings Xi Inc. | New | 0.88% | +0.88 |
| SHOTU RMG ML Sports Holdings | New | 0.80% | +0.80 |
| ISNRU Snow Rothschild Acquisition | New | 0.74% | +0.74 |
| AESPU Aeon Acquisition I Corp. | New | 0.68% | +0.68 |
| SBXE Silverbox Corp. V Class A | New | 0.65% | +0.65 |
| JMIA Jumia Technologies AG-ADR | New | 0.49% | +0.49 |
| BABA Alibaba Group Holding-SP ADR | New | 0.49% | +0.49 |
| NHIC Newhold Investment Cor III-A | Add +250.0% | 0.66% | +0.48 |
| AN Autonation Inc. | New | 0.32% | +0.32 |
| ATLQU Jab Acquisition Corp. I | New | 0.30% | +0.30 |
| ARTC Art Technology Acquisit Class A | New | 0.30% | +0.30 |
| STLA Stellantis NV | New | 0.27% | +0.27 |
| YICCU Yorkville International Capi | New | 0.26% | +0.26 |
| SCPQ Social Commerce Partner Class-A | New | 0.26% | +0.26 |
| WS Worthington Steel Inc. | New | 0.24% | +0.24 |
| XCBE X3 Acquisition Corp. Ltd. Class A | New | 0.22% | +0.22 |
| PLRZ Polyrizon Ltd. | New | 0.22% | +0.22 |
| BIII Black Spade Acquisition Class A | New | 0.22% | +0.22 |
| ADUR Aduro Clean Technologies Inc. | New | 0.19% | +0.19 |
| DSAC Daedalus Special Acquis Class A | New | 0.17% | +0.17 |
| AEAQ Activate Energy Acquisitio-A | New | 0.17% | +0.17 |
| QXL Quantum X Labs Inc. | Add +211.7% | 0.18% | +0.16 |
| FTHA Forefront Tech Hol Acqu Class-A | New | 0.15% | +0.15 |
| SBMT Silver Bow Mining Corp. | New | 0.14% | +0.14 |
| GM General Motors Co. | Add +12.4% | 1.00% | +0.13 |
| LFAC Leapfrog Acquisition Class A | New | 0.13% | +0.13 |
| VGNT Versigent PLC | Add +46.5% | 0.41% | +0.13 |
| MOS The Mosaic Co. | Add +55.2% | 0.47% | +0.10 |
| AKTX Akari Therapeutics PLC-ADR | New | 0.09% | +0.09 |
| AAUC Allied Gold Corp. | New | 0.07% | +0.07 |
| SSAC Spacsphere Acquisition Class A | New | 0.04% | +0.04 |
| REA Rare Earths Americas Inc. | New | 0.04% | +0.04 |
| BTU Peabody Energy Corp. | New | 0.04% | +0.04 |
| HCC Warrior Met Coal Inc. | New | 0.03% | +0.03 |
| SPHERE 3D CORP NEW | New | 0.02% | +0.02 |
| FAC Factorial Energy Inc. | New | 0.01% | +0.01 |
| SQNS Sequans Communications-ADR | Add +35.0% | 0.01% | +0.01 |
| JTAI Jet.ai Inc. | New | 0.00% | 0.00 |
Notes & Other Activity Q1 2026 → Q2 2026
| CCXIW Churchill Capital Corp. Xi | *W EXP 12/10/203 | New | 270,000 | $2.0M |
| FACWW Cartesian Growth Corp. -30 | *W EXP 06/04/203 | New | 675,000 | $918K |
| FACWW Cartesian Growth Corp. -30 | *W EXP 05/02/203 | Sold out | 675,000 | $459Kbefore exit |
| CXIIW Churchill Capital Corp. Xii | *W EXP 04/02/203 | New | 270,000 | $459K |
| UAC.WS United Acquisition Corp. I | *W EXP 99/99/999 | New | 262,500 | $326K |
| IRHOR Iron Horse Acquisiti- Rights | RIGHT 07/11/2030 | New | 1,500,000 | $241K |
| ADACW American Dr Acq A -30 | *W EXP 02/06/203 | New | 333,333 | $210K |
| ALOVW Aldabra 4 Liquidity Opportun | *W EXP 12/23/203 | New | 400,000 | $192K |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | Reduce -52.2% | 50,327 | $180K |
| SVIVW Spring Valley Acquisition Co. | *W EXP 01/22/203 | New | 150,000 | $146K |
| DBCAW D. Boral Acquisition I Corp. | *W EXP 01/30/203 | New | 375,000 | $143K |
| IPXGW Columbus Circle Capital Corp. | *W EXP 02/11/203 | New | 99,999 | $132K |
| LPCVW Launchpad Cadenza Acquisitio | *W EXP 12/15/203 | New | 333,333 | $130K |
| SBXE.WS Silverbox Corp. V | *W EXP 09/16/203 | New | 250,000 | $120K |
| ITHAW Ithax Acquisition Corp. III | *W EXP 11/17/203 | New | 400,000 | $96K |
| BHAVR Bhav Acquisition Corp.-RTS | RIGHT 03/18/2031 | New | 350,000 | $81K |
| IRAB.WS Iris Acq Corp. II -31 | *W EXP 08/15/203 | New | 300,000 | $75K |
| MEVOW M Evo Global Acq -31 | *W EXP 02/18/203 | New | 200,000 | $74K |
| SCPQW Social Commerce Partner - 30 | *W EXP 02/13/203 | New | 150,000 | $66K |
| NWAX.WS New America Acquisition I Co. | *W EXP 99/99/999 | New | 104,863 | $63K |
| BLRKW Bluerock Acquisition Corp. | *W EXP 12/12/203 | New | 133,332 | $60K |
| SAAQW Space Asset Acquisition Corp. | *W EXP 03/31/203 | New | 66,666 | $60K |
| ARCIW Archimedes Tech Spac Partner | *W EXP 01/23/203 | New | 75,000 | $56K |
| HCACR Hall Chadwick Acquisi-Rights | RIGHT 11/20/2030 | New | 175,000 | $51K |
| FTHAW Forefront Tech Holdings Acqu | *W EXP 04/30/203 | New | 87,500 | $48K |
| MUZEW Muzero Acquisition - 30 | *W EXP 01/30/203 | New | 150,000 | $46K |
| LEGO.WS Legato Merger Corp. IV | *W EXP 99/99/999 | New | 83,333 | $35K |
| AEAQW Activate Energy Acquisition | *W EXP 11/10/203 | New | 100,000 | $33K |
| ENRDW Einride AB-31 | *W EXP 06/08/203 | New | 50,000 | $30K |
| LFACW Leapfrog Acquisition Corp. | *W EXP 11/10/203 | New | 75,000 | $27K |
| DSACW Daedalus Spec Acq -30 | *W EXP 11/24/203 | New | 50,000 | $26K |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | Sold out | 50,000 | $25Kbefore exit |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | Sold out | 150,000 | $24Kbefore exit |
| VACHW Voyager Acquisition Corp. -CW | *W EXP 05/16/203 | Sold out | 125,000 | $19Kbefore exit |
| VRXAW Veraxa Biotech Holding-31 | *W EXP 06/08/203 | New | 125,000 | $14K |
| ILLUW Illumination Acquisition Cor | *W EXP 12/23/203 | Add +0.1% | 25,000 | $12K |
| OIOWW Esgl Holdings Ltd.-28 | *W EXP 08/02/202 | New | 154,750 | $9K |
| SSACW Spacsphere Acquisition - 31 | *W EXP 02/06/203 | New | 25,000 | $3K |
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 | 161 | $1.2B | ARIS, ASTL, CXII, DMII, NXE |
| Q1 2026 | 146 | $1.1B | ARIS, ASTL, XNDU, NXE, CCXIU |
| Q4 2025 | 114 | $983.0M | ARIS, ASTL, CCXIU, DMIIU, NPAC |
| Q3 2025 | 87 | $838.7M | ARIS, ASTL, UEC, DMIIU, DNN |
| Q2 2025 | 73 | $814.6M | ARIS, UEC, ASTL, POET, DNN |
| Q1 2025 | 58 | $579.6M | UEC, ARIS, ML, ASTL, DNN |
| Q4 2024 | 62 | $659.0M | UEC, ASTL, ML, ARIS, DNN |
| Q3 2024 | 63 | $714.2M | UEC, ASTL, ARIS, DNN, URG |
| Q2 2024 | 68 | $713.0M | UEC, ASTL, ARIS, URG, NXE |
| Q1 2024 | 64 | $763.4M | UEC, ASTL, CVE, DNN, ARIS |