Sea Otter Advisors LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Sea Otter Advisors LLC reported 15 stock positions worth $10.4 million. Its top holding was Cornerstone Strategic Invest (CLM) at 37.2% of the portfolio, followed by Rivernorth Capital & Income (XRSFX, 17.8%) and Aberdeen India Fund (IFN, 11.4%). Compared with Q1 2024, it opened 8 new positions, sold out of 11, added to 2 and reduced 3. The biggest buy was a new position in Cornerstone Strategic Invest (CLM) and the biggest sale an exit from Ib Acquisition (IBACU).
- Most Recent 13F
- Q3 2024
- Location
- Miami, FL
- CIK
- 0001944662
- Portfolio Value
- $10.4M (Q2 2024)
- SEC Filing
- 0001214659-24-014691 ↗ filed Aug 14, 2024
Holdings Value
Holdings 15 stocks · $10.4M
| CLM Cornerstone Strategic Invest | 37.18% | 500,000 | $3.9M | New |
| XRSFX Rivernorth Capital & Income | 17.80% | 120,000 | $1.8M | Add +140.0% |
| IFN Aberdeen India Fund Inc. | 11.39% | 66,032 | $1.2M | New |
| CRF Cornerstone Total Return | 7.58% | 100,000 | $785K | New |
| BTCO Invsco GLXY BTCN ETF | 7.04% | 12,200 | $729K | New |
| GPATU GP-Act III Acquisition Corp. | 4.84% | 49,950 | $501K | New |
| BITCOIN DEPOT INC | 4.01% | 230,642 | $415K | Reduce -9.6% |
| FSCO FS Credit Opportunities Corp. | 3.69% | 60,000 | $382K | New |
| AERT Aeries Technology Inc. | 3.03% | 165,858 | $313K | Reduce -17.1% |
| BHAC Focus Impact BH3 Acquisiti-A | 1.86% | 18,025 | $193K | Reduce -7.1% |
| PCF High Income Securities Fund | 0.68% | 10,000 | $70K | New |
| NKLAQ Nikola Corp. | 0.42% | 5,333 | $44K | Add +204.7% |
| BRW Saba Capital Income & Opport | 0.34% | 5,000 | $35K | New |
| COEPTIS THERAPEUTICS HLDGS I | 0.13% | 45,000 | $13K | No change |
| EFTR Effector Therapeutics Inc. | 0.03% | 10,557 | $3K | No change |
Options reported separately and not counted above: NKLAQ puts ($1.6M), NKLAQ calls ($839K).
Other holdings (30): bonds, preferreds, convertibles and warrants · $1.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SABLE OFFSHORE CORP | *W EXP 02/14/202 · principal | 187,260 | $800K | Add +15.2% |
| IONQ.WS Ionq Inc. -CW26 | *W EXP 09/30/202 · principal | 170,399 | $252K | Reduce -43.7% |
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 · principal | 70,248 | $161K | Reduce -29.8% |
| GODNR Golden Star Acquisitio-Right | RIGHT 03/30/2025 | 200,000 | $73K | No change |
| LUNRW Intuitive Machines Inc.-CW | *W EXP 99/99/999 · principal | 86,934 | $59K | Reduce -3.4% |
| CVIIW Churchill Capital Vii -CW28 | *W EXP 02/29/202 · principal | 99,800 | $35K | Reduce -0.2% |
| MCAGR Mountain Crest Acquisiti-RTS | RIGHT 08/30/2022 | 200,000 | $23K | No change |
| MARXR Mars Acquisition Corp.-Rights | RIGHT 99/99/9999 | 92,650 | $22K | No change |
| IGTAR Inception Growth Acq Ltd. -RT | RIGHT 12/08/2026 | 108,314 | $16K | No change |
| CDAWF Compass Digital Acq -CW28 | *W EXP 99/99/999 · principal | 257,809 | $15K | No change |
| WTMAR Welsbach Tech Metals Acq -RT | RIGHT 12/22/2026 | 124,737 | $15K | No change |
| TMTCR TMT Acquisition Corp.-RT | RIGHT 03/27/2028 | 42,000 | $14K | No change |
| CLOER Clover Leaf Capital Corp.-RTS | RIGHT 05/31/2028 | 63,850 | $14K | No change |
| CETUR Cetus Capital Acquisition Co. | RIGHT 03/31/2024 | 45,000 | $13K | No change |
| CSLRF Consilium Acquisition -Right | RIGHT 99/99/9999 | 100,000 | $10K | No change |
| ATMCR Alphatime Acquisition-Right | RIGHT 03/01/2028 | 65,923 | $10K | No change |
| OAKUR Oak Woods Acquisition Cor-RT | RIGHT 03/23/2028 | 33,000 | $8K | No change |
| PNSWQ Banyan Acquisition Co. -CW23 | *W EXP 09/30/202 · principal | 70,000 | $8K | No change |
| NOVVR Nova Vision Acquisition-RTS | RIGHT 99/99/9999 | 35,000 | $6K | No change |
| IVCWF Investcorp Europe Acquis -27 | *W EXP 12/15/202 · principal | 72,923 | $5K | Reduce -2.6% |
| ATMVR Alphavest Acquisition Co.-RT | RIGHT 01/22/2026 | 46,250 | $5K | New |
| NVACR Northview Acquisition Co.-RTS | RIGHT 99/99/9999 | 36,366 | $4K | No change |
| LOTWW Lotus Technology Inc.-28 | *W EXP 02/22/202 · principal | 8,007 | $3K | New |
| HOVRW Pono Capital Three Inc.-A-28 | *W EXP 02/14/202 · principal | 196,072 | $3K | Reduce -3.4% |
| COOTW Australian Oilseeds Holdi-29 | *W EXP 03/22/202 · principal | 129,977 | $2K | Reduce -32.0% |
| VSACW Vision Sensing Acq -CW23 | *W EXP 99/99/999 · principal | 74,602 | $1K | Reduce -0.5% |
| DHAIW Aurora Technology Acquis -28 | *W EXP 04/20/202 · principal | 34,301 | $1K | Reduce -56.6% |
| AMODW Insight Acquisition Corp. | *W EXP 08/26/202 · principal | 25,000 | $975 | No change |
| DUETW Duet Acquisition Corp. -27 | *W EXP 07/19/202 · principal | 27,775 | $417 | Reduce -4.1% |
| CLDWW Calidi Biotherapeutics -CW23 | *W EXP 03/14/202 · principal | 4,871 | $205 | New |
Total filed on the 13F, all lines: $11.9M.
Portfolio Sells Q1 2024 → Q2 2024
| IBACU Ib Acquisition Corp. | Sold out | 0.00% | −22.60 |
| ACAC Acri Capital Acquisition Cor | Sold out | 0.00% | −15.97 |
| GDST Goldenstone Acquisition Ltd. | Sold out | 0.00% | −7.81 |
| WELSBACH TECH METALS ACQU CO | Sold out | 0.00% | −7.56 |
| FEI First Trust MLP and Energy I | Sold out | 0.00% | −6.34 |
| SOC Sable Offshore Corp. | Sold out | 0.00% | −6.28 |
| AIBAF Aib Acquisition Corp. Class A | Sold out | 0.00% | −5.19 |
| ZTR Virtus Total Return Fund Inc. | Sold out | 0.00% | −4.91 |
| BKHAU Black Hawk Acquisition Corp. | Sold out | 0.00% | −3.53 |
| FORL Four Leaf Acquisition Cor-A | Sold out | 0.00% | −2.29 |
| FST TR NEW OPPORT MLP & ENE | Sold out | 0.00% | −2.14 |
| AERT Aeries Technology Inc. | Reduce -17.1% | 3.03% | −0.54 |
| BHAC Focus Impact BH3 Acquisiti-A | Reduce -7.1% | 1.86% | +0.45 |
| BITCOIN DEPOT INC | Reduce -9.6% | 4.01% | +0.65 |
Portfolio Buys Q1 2024 → Q2 2024
| CLM Cornerstone Strategic Invest | New | 37.18% | +37.18 |
| XRSFX Rivernorth Capital & Income | Add +140.0% | 17.80% | +12.29 |
| IFN Aberdeen India Fund Inc. | New | 11.39% | +11.39 |
| CRF Cornerstone Total Return | New | 7.58% | +7.58 |
| BTCO Invsco GLXY BTCN ETF | New | 7.04% | +7.04 |
| GPATU GP-Act III Acquisition Corp. | New | 4.84% | +4.84 |
| FSCO FS Credit Opportunities Corp. | New | 3.69% | +3.69 |
| PCF High Income Securities Fund | New | 0.68% | +0.68 |
| BRW Saba Capital Income & Opport | New | 0.34% | +0.34 |
| NKLAQ Nikola Corp. | Add +204.7% | 0.42% | +0.04 |
Options Activity Q1 2024 → Q2 2024
| NKLAQ Nikola Corp. | put | Add +2900.0% | 200,700 | $1.6M |
| LSXMK Liberty Media Corp.-Liber-New | put | Sold out | 35,000 | $1.0Mbefore exit |
| NKLAQ Nikola Corp. | call | Add +2900.0% | 102,500 | $839K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024
| MIR.WS Mirion Technologies Inc.-CW25 | *W EXP 10/20/202 · principal | Sold out | 706,000 | $1.6Mbefore exit |
| SABLE OFFSHORE CORP | *W EXP 02/14/202 · principal | Add +15.2% | 187,260 | $800K |
| IONQ.WS Ionq Inc. -CW26 | *W EXP 09/30/202 · principal | Reduce -43.7% | 170,399 | $252K |
| JOBY.WS Joby Aviation Inc. -CW25 | *W EXP 08/10/202 · principal | Sold out | 298,714 | $233Kbefore exit |
| BRIGHTSPRING HEALTH SERV (BTSG 6.75 02/01/27) | UNIT 02/01/2027 | Sold out | 5,000 | $225Kbefore exit |
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 · principal | Reduce -29.8% | 70,248 | $161K |
| IMTXW Immatics NV -CW | *W EXP 07/01/202 · principal | Sold out | 40,559 | $110Kbefore exit |
| SCRMW Screaming Eagle Acq Class A -27 | *W EXP 99/99/999 · principal | Sold out | 146,100 | $69Kbefore exit |
| BRZHR Breeze Holdings Acq- Rights | RIGHT 05/23/2022 | Sold out | 325,889 | $62Kbefore exit |
| LUNRW Intuitive Machines Inc.-CW | *W EXP 99/99/999 · principal | Reduce -3.4% | 86,934 | $59K |
| MCAFR Mountain Crest Acq Corp. -RTS | RIGHT 06/29/2026 | Sold out | 300,000 | $57Kbefore exit |
| KYCHR Keyarch Acquisition Corp.-RT | RIGHT 01/24/2027 | Sold out | 200,000 | $50Kbefore exit |
| BRZHW Breeze Holdings Acquis -CW27 | *W EXP 05/25/202 · principal | Sold out | 34,799 | $44Kbefore exit |
| GAQWF Generation Asia I Acq -CW23 | *W EXP 99/99/999 · principal | Sold out | 466,477 | $37Kbefore exit |
| CVIIW Churchill Capital Vii -CW28 | *W EXP 02/29/202 · principal | Reduce -0.2% | 99,800 | $35K |
| MBTCR Nocturne Acquisition-Rights | RIGHT 12/26/2025 | Sold out | 204,588 | $34Kbefore exit |
| ZALATORIS ACQUISITION CORP | *W EXP 99/99/999 · principal | Sold out | 530,292 | $32Kbefore exit |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 · principal | Sold out | 200,000 | $24Kbefore exit |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 · principal | Sold out | 173,983 | $23Kbefore exit |
| ASCAR A Spac I Acquisition Co.-RTS | RIGHT 12/09/2026 | Sold out | 100,000 | $19Kbefore exit |
| BURTECH ACQUISITION CORP | *W EXP 12/18/202 · principal | Sold out | 105,000 | $19Kbefore exit |
| CNXXW Conx Corp. Class A -CW27 | *W EXP 10/30/202 · principal | Sold out | 91,631 | $18Kbefore exit |
| SLMWF Slam Corp.-A -CW27 | *W EXP 99/99/999 · principal | Sold out | 100,000 | $18Kbefore exit |
| BLACR Bellevue Life Sciences-RTS | RIGHT 02/09/2028 | Sold out | 122,000 | $17Kbefore exit |
| GLLIR Globalink Investment Inc.-RTS | RIGHT 12/06/2026 | Sold out | 140,000 | $15Kbefore exit |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 · principal | Sold out | 66,550 | $15Kbefore exit |
| PERCEPTION CAPITAL CORP III | *W EXP 99/99/999 · principal | Sold out | 266,631 | $15Kbefore exit |
| RWODR Redwoods Acquisition-Rights | RIGHT 03/15/2027 | Sold out | 65,000 | $14Kbefore exit |
| BHACW Crixus BH3 Acquisition -CW26 | *W EXP 99/99/999 · principal | Sold out | 225,000 | $14Kbefore exit |
| EGUVF Evergreen Corporation -CW27 | *W EXP 02/08/202 · principal | Sold out | 150,000 | $13Kbefore exit |
| OPTXW Omnilit Acquisition Class A -23 | *W EXP 99/99/999 · principal | Sold out | 92,500 | $12Kbefore exit |
| EVE.WS Eve Mobility Acquisit A -23 | *W EXP 12/31/202 · principal | Sold out | 83,018 | $11Kbefore exit |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 · principal | Sold out | 138,500 | $10Kbefore exit |
| FLFVR Feutune Light Acquisitio-RTS | RIGHT 06/01/2029 | Sold out | 87,513 | $8Kbefore exit |
| EONR.WS HNR Acquisition Corp. -CW23 | *W EXP 11/15/202 · principal | Sold out | 51,493 | $7Kbefore exit |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 · principal | Sold out | 12,500 | $6Kbefore exit |
| CRGOW Freightos Ltd.-CW28 | *W EXP 99/99/999 · principal | Sold out | 69,498 | $6Kbefore exit |
| GLSTR Global Star Acquisition-RTS | RIGHT 99/99/9999 | Sold out | 60,000 | $5Kbefore exit |
| IVCWF Investcorp Europe Acquis -27 | *W EXP 12/15/202 · principal | Reduce -2.6% | 72,923 | $5K |
| REDWOODS ACQUISITION CORP | *W EXP 03/15/202 · principal | Sold out | 65,000 | $5Kbefore exit |
| ATMVR Alphavest Acquisition Co.-RT | RIGHT 01/22/2026 | New | 46,250 | $5K |
| MCAAW Mountain & Co. I Acq -CW23 | *W EXP 09/30/202 · principal | Sold out | 50,000 | $4Kbefore exit |
| BFQWF Battery Future Acquis A -23 | *W EXP 99/99/999 · principal | Sold out | 97,212 | $4Kbefore exit |
| EFTRW Effector Therape -CW27 | *W EXP 12/31/202 · principal | Sold out | 25,000 | $3Kbefore exit |
| GLLIW Globalink Investment -CW23 | *W EXP 12/03/202 · principal | Sold out | 140,000 | $3Kbefore exit |
| CFFSW CF Acquisition Vii A -CW27 | *W EXP 03/16/202 · principal | Sold out | 26,666 | $3Kbefore exit |
| LOTWW Lotus Technology Inc.-28 | *W EXP 02/22/202 · principal | New | 8,007 | $3K |
| INTEW Integral Acquisition -CW28 | *W EXP 05/31/202 · principal | Sold out | 25,000 | $3Kbefore exit |
| HOVRW Pono Capital Three Inc.-A-28 | *W EXP 02/14/202 · principal | Reduce -3.4% | 196,072 | $3K |
| NFSWF Enphys Acquisition -CW24 | *W EXP 99/99/999 · principal | Sold out | 48,379 | $3Kbefore exit |
Showing the first 50 of 82.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.