Spartan Fund Management Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 31, 2024), Spartan Fund Management Inc. reported 66 stock positions worth $35.4 million. Its top holding was Teva Pharmaceutical-SP ADR (TEVA) at 6.8% of the portfolio, followed by Zalatoris II Acquisition Cor (ZLSSF, 5.9%) and Tristar Acquisition I Class A (TRIS, 5.5%). Compared with Q1 2024, it opened 26 new positions, sold out of 34, added to 17 and reduced 11. The biggest buy was a new position in Embrace Change Acquisition C (EMCGF) and the biggest sale an exit from Global Star Acquisition Class A (GLST).
- Most Recent 13F
- Q4 2024
- Location
- TORONTO, ONTARIO, Z4
- CIK
- 0001930346
- Portfolio Value
- $35.4M (Q2 2024)
- SEC Filing
- 0001845012-24-000005 ↗ filed Jul 31, 2024
Holdings Value
Holdings 66 stocks · $35.4M
| TEVA Teva Pharmaceutical-SP ADR | 6.80% | 148,300 | $2.4M | Add +0.1% |
| ZLSSF Zalatoris II Acquisition Cor | 5.87% | 189,950 | $2.1M | No change |
| TRIS Tristar Acquisition I Corp. Class A | 5.47% | 173,812 | $1.9M | Reduce -13.1% |
| MCAA Mountain & Co. I Acquisition | 4.86% | 147,934 | $1.7M | Add +132.9% |
| EMCGF Embrace Change Acquisition C | 4.76% | 150,000 | $1.7M | New |
| KCGI Kensington Capital Acq-A | 4.69% | 150,084 | $1.7M | Add +0.1% |
| SII Sprott Inc. | 4.64% | 28,978 | $1.6M | Reduce -50.9% |
| PHYTF Pyrophyte Acquisition Corp. Class A | 4.16% | 128,659 | $1.5M | New |
| LATG Chenghe Acquisition I Co. | 4.01% | 125,000 | $1.4M | No change |
| WELNF Integrated Wellness Acq - A | 3.96% | 121,134 | $1.4M | Add +9.7% |
| HCVI Hennessy Capital Invest Class A | 3.76% | 126,405 | $1.3M | Add +274.9% |
| LCW Learn CW Investment Corp. Class A | 3.54% | 115,077 | $1.3M | Add +78183.7% |
| F Ford Motor Co. filed as FORD MTR CO DEL | 3.34% | 94,400 | $1.2M | Add +31.3% |
| RRACF Rigel Resource Acquisit Class A | 3.20% | 100,000 | $1.1M | Reduce -55.6% |
| VMD Viemed Healthcare Inc. | 2.76% | 149,427 | $979K | Add +2.3% |
| TCOA Zalatoris Acquisition Corp. | 2.74% | 87,857 | $971K | No change |
| BYNO Bynordic Acquisition Corp. | 2.73% | 85,538 | $966K | New |
| FRLA Fortune Rise Acquisition Cor | 2.71% | 85,399 | $961K | Add +172.8% |
| HSPOF Horizon Space Acquisition I | 2.58% | 82,833 | $913K | New |
| NFSCF Enphys Acquisition Corp. | 2.32% | 75,000 | $824K | New |
| RFAIU RF Acquisition Corp. II | 2.08% | 73,300 | $737K | New |
| SEDA SDCL Edge Acquisition Corp. Class A | 2.07% | 65,892 | $733K | Add +3070.9% |
| OCAX Oca Acquisition Corp. Class A | 1.68% | 53,203 | $595K | Add +23.1% |
| BFACF Battery Future Acquisition-A | 1.58% | 50,747 | $561K | Add +11925.4% |
| TRTLF Tortoiseecofin Acquisition-A | 1.54% | 50,000 | $547K | Reduce -33.1% |
| CCIXU Churchill Capital Corp. Ix | 1.43% | 50,000 | $506K | New |
| QSR Restaurant Brands Intern | 1.36% | 5,000 | $482K | New |
| APXIF Apx Acquisition Corp. I | 1.26% | 38,442 | $446K | Add +90.8% |
| CURR Currenc Group Inc. filed as INFINT ACQUISITION CORP | 0.98% | 29,848 | $348K | Add +165722.2% |
| CHEB.U Chenghe Acquisition II Co. | 0.78% | 27,720 | $277K | New |
| TONT.U Graf Global Corp. | 0.71% | 25,000 | $250K | New |
| MACIU Melar Acquisition Corp. I | 0.71% | 25,000 | $250K | New |
| CSLMF CSLM Acquisition Corp. | 0.64% | 20,253 | $228K | Add +72.4% |
| SOC Sable Offshore Corp. | 0.46% | 10,759 | $162K | New |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.46% | 2,580 | $161K | New |
| AR Antero Resources Corp. | 0.41% | 4,500 | $147K | Reduce -10.0% |
| SLAMF Slam Corp. Class A | 0.41% | 13,042 | $145K | Reduce -12.4% |
| FBTC Fidelity Wise Origin Bitcoin | 0.37% | 2,500 | $131K | No change |
| UROY Uranium Royalty Corp. | 0.34% | 38,395 | $119K | No change |
| NXE Nexgen Energy Ltd. | 0.30% | 11,217 | $107K | No change |
| PFE Pfizer Inc. | 0.24% | 3,000 | $84K | No change |
| VTLE Vital Energy Inc. | 0.20% | 1,567 | $70K | Reduce -35.5% |
| DNN Denison Mines Corp. | 0.19% | 25,000 | $69K | No change |
| OVV Ovintiv Inc. | 0.16% | 1,216 | $57K | Reduce -24.8% |
| VAL Valaris Ltd. | 0.11% | 500 | $37K | No change |
| GETY Getty Images Holdings Inc. | 0.09% | 10,000 | $33K | New |
| INTC Intel Corp. | 0.09% | 1,000 | $31K | New |
| RCUS Arcus Biosciences Inc. | 0.09% | 2,000 | $30K | No change |
| DNUT Krispy Kreme Inc. | 0.06% | 2,000 | $22K | Add +100.0% |
| AG First Majestic Silver Corp. | 0.06% | 2,628 | $21K | No change |
| TDW Tidewater Inc. | 0.05% | 200 | $19K | No change |
| SVIIF Spring Valley Acquisition-A | 0.05% | 1,553 | $17K | New |
| HCVIU Hennessy Capital Investment | 0.04% | 1,250 | $13K | Add +25.0% |
| BYRN Byrna Technologies Inc. | 0.03% | 1,000 | $10K | New |
| APCA Ap Acquisition Corp. Class A | 0.02% | 645 | $7K | New |
| LMNR Limoneira Co. | 0.02% | 321 | $7K | New |
| CDAUF Compass Digital Acquisition | 0.01% | 326 | $4K | New |
| TLGYF TLGY Acquisition Corp. Class A | 0.01% | 300 | $3K | New |
| CBGGF Chain Bridge I | 0.01% | 52,500 | $3K | New |
| CDZI Cadiz Inc. | 0.01% | 651 | $2K | Reduce -94.1% |
| RCFAF Perception Capital Corp. IV | 0.00% | 111 | $1K | New |
| PHYUF Pyrophyte Acquisition Corp. | 0.00% | 100 | $1K | New |
| DSAQ Direct Selling Acquisition-A | 0.00% | 72 | $804 | Reduce -100.0% |
| SLMUF Slam Corp. | 0.00% | 68 | $758 | Reduce -95.7% |
| BUJA Bukit Jalil Global Acquisiti | 0.00% | 11 | $119 | New |
| GLACF Global Lights Acquisition Co. | 0.00% | 1 | $10 | New |
Other holdings (26): bonds, preferreds, convertibles and warrants · $183K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SBXC.WS Silverbox Corp. III-28 | *W EXP 02/28/202 | 174,649 | $25K | Reduce -47.1% |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 123,492 | $22K | Reduce -1.2% |
| DMYYW DMY Squared Technology GR-27 | *W EXP 99/99/999 | 140,778 | $21K | No change |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 89,543 | $12K | No change |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 110,000 | $11K | No change |
| AIMWF Aimfinity Investment-CW27 | *W EXP 99/99/999 | 458,621 | $11K | Reduce -9.8% |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 50,037 | $9K | No change |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 115,276 | $9K | Reduce -25.0% |
| ATMVR Alphavest Acquisition Co.-RT | RIGHT 01/22/2026 | 85,768 | $8K | Reduce -22.6% |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 49,200 | $7K | No change |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 50,000 | $7K | No change |
| RRAWF Rigel Resource Acquisi -CW23 | *W EXP 99/99/999 | 25,000 | $6K | Reduce -66.7% |
| EONR.WS HNR Acquisition Corp. -CW23 | *W EXP 11/15/202 | 122,000 | $6K | Reduce -39.0% |
| ZLSWF Zalatoris II Acquisition Cor | *W EXP 99/99/999 | 107,564 | $6K | Reduce -18.9% |
| PERCEPTION CAPITAL CORP IV | *W EXP 99/99/999 | 98,854 | $5K | No change |
| APXIW Apx Acquisition Corp. I -23 | *W EXP 99/99/999 | 25,000 | $5K | No change |
| GLLIW Globalink Investment -CW23 | *W EXP 12/03/202 | 125,000 | $4K | No change |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | 65,000 | $2K | No change |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 8,172 | $2K | New |
| ATMCW Alphatime Acquisition Cor-28 | *W EXP 03/01/202 | 99,927 | $1K | No change |
| EMCWF Embrace Change Acquisitio-26 | *W EXP 10/25/202 | 70,000 | $1K | No change |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 16,722 | $1K | No change |
| TRIS.WS Tristar Acq I Class A -CW28 | *W EXP 99/99/999 | 7,821 | $1K | Reduce -86.5% |
| HCVIW Hennessy Capital Inv A -CW27 | *W EXP 99/99/999 | 3,040 | $456 | No change |
| SOARW Volato Group Inc. - CW23 | *W EXP 12/04/202 | 15,000 | $218 | No change |
| PUCKW Goal Acquisitions Corp.-CW | *W EXP 99/99/999 | 25,000 | $200 | No change |
Total filed on the 13F, all lines: $35.6M.
Portfolio Sells Q1 2024 → Q2 2024
| GLST Global Star Acquisition Class A | Sold out | 0.00% | −4.50 |
| DSAQ Direct Selling Acquisition-A | Reduce -100.0% | 0.00% | −3.97 |
| MONTEREY CAP ACQUISITION COR | Sold out | 0.00% | −3.95 |
| VMCAF Valuence Merger Corp. I Class A | Sold out | 0.00% | −3.80 |
| TENX KEANE ACQUISITION | Sold out | 0.00% | −3.75 |
| FEXD Fintech Ecosystem Developm-A | Sold out | 0.00% | −3.74 |
| PGSS Pegasus Digital Mobility A-A | Sold out | 0.00% | −3.17 |
| FORL Four Leaf Acquisition Cor-A | Sold out | 0.00% | −2.99 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −2.53 |
| AIMTF Aimfinity Investment-Subunit | Sold out | 0.00% | −2.29 |
| GDST Goldenstone Acquisition Ltd. | Sold out | 0.00% | −2.23 |
| IGTA Inception Growth Acquisition | Sold out | 0.00% | −2.14 |
| LEGT.U Legato Merger Corp. III | Sold out | 0.00% | −2.08 |
| RRACF Rigel Resource Acquisit Class A | Reduce -55.6% | 3.20% | −1.97 |
| SGOV iShares 0-3 Month Treasury B | Sold out | 0.00% | −1.92 |
| THCP Thunder Bridge Capital Par-A | Sold out | 0.00% | −1.61 |
| AQUC Aquaron Acquisition Corp. | Sold out | 0.00% | −1.49 |
| SII Sprott Inc. | Reduce -50.9% | 4.64% | −1.42 |
| ROSS Ross Acquisition Corp. II -A | Sold out | 0.00% | −0.98 |
| EGRVF Evergreen Corporation Class A | Sold out | 0.00% | −0.96 |
| PFTA Portage Fintech Acquisitio-A | Sold out | 0.00% | −0.82 |
| PLTN Plutonian Acquisition Corp. | Sold out | 0.00% | −0.51 |
| GAQ Generation Asia I Acquisit-A | Sold out | 0.00% | −0.45 |
| EVCO Everest Consolidator Acquisi | Sold out | 0.00% | −0.39 |
| BWAQ Blue World Acquisition Corp. | Sold out | 0.00% | −0.37 |
| DYCQU DT Cloud Acquisition Corp. | Sold out | 0.00% | −0.30 |
| BKHAU Black Hawk Acquisition Corp. | Sold out | 0.00% | −0.21 |
| TRTLF Tortoiseecofin Acquisition-A | Reduce -33.1% | 1.54% | −0.11 |
| VTLE Vital Energy Inc. | Reduce -35.5% | 0.20% | −0.06 |
| CDZI Cadiz Inc. | Reduce -94.1% | 0.01% | −0.06 |
| SLMUF Slam Corp. | Reduce -95.7% | 0.00% | −0.03 |
| IHRT Iheartmedia Inc. Class A | Sold out | 0.00% | −0.02 |
| AILWQ Arrowroot Acquisition Corp. | Sold out | 0.00% | −0.01 |
| LCWUF Learn CW Investment Corp. | Sold out | 0.00% | −0.01 |
| OKLO Oklo Inc. | Sold out | 0.00% | −0.01 |
| OVV Ovintiv Inc. | Reduce -24.8% | 0.16% | −0.01 |
| ANDRETTI ACQUISITION CORP | Sold out | 0.00% | −0.01 |
| TRTUF Tortoiseecofin Acquisition C | Sold out | 0.00% | −0.01 |
| EVE Eve Mobility Acquisition C-A | Sold out | 0.00% | −0.00 |
| BURTECH ACQUISITION CORP | Sold out | 0.00% | −0.00 |
| IVCUF Investcorp Europe Acquisitio | Sold out | 0.00% | 0.00 |
| TGAAF Target Global Acquisition -A | Sold out | 0.00% | 0.00 |
| SLAMF Slam Corp. Class A | Reduce -12.4% | 0.41% | +0.07 |
| AR Antero Resources Corp. | Reduce -10.0% | 0.41% | +0.12 |
| TRIS Tristar Acquisition I Corp. Class A | Reduce -13.1% | 5.47% | +0.96 |
Portfolio Buys Q1 2024 → Q2 2024
| EMCGF Embrace Change Acquisition C | New | 4.76% | +4.76 |
| PHYTF Pyrophyte Acquisition Corp. Class A | New | 4.16% | +4.16 |
| LCW Learn CW Investment Corp. Class A | Add +78183.7% | 3.54% | +3.54 |
| MCAA Mountain & Co. I Acquisition | Add +132.9% | 4.86% | +3.36 |
| HCVI Hennessy Capital Invest Class A | Add +274.9% | 3.76% | +3.04 |
| BYNO Bynordic Acquisition Corp. | New | 2.73% | +2.73 |
| HSPOF Horizon Space Acquisition I | New | 2.58% | +2.58 |
| TEVA Teva Pharmaceutical-SP ADR | Add +0.1% | 6.80% | +2.51 |
| NFSCF Enphys Acquisition Corp. | New | 2.32% | +2.32 |
| RFAIU RF Acquisition Corp. II | New | 2.08% | +2.08 |
| SEDA SDCL Edge Acquisition Corp. Class A | Add +3070.9% | 2.07% | +2.02 |
| FRLA Fortune Rise Acquisition Cor | Add +172.8% | 2.71% | +2.00 |
| BFACF Battery Future Acquisition-A | Add +11925.4% | 1.58% | +1.57 |
| CCIXU Churchill Capital Corp. Ix | New | 1.43% | +1.43 |
| F Ford Motor Co. | Add +31.3% | 3.34% | +1.38 |
| WELNF Integrated Wellness Acq - A | Add +9.7% | 3.96% | +1.38 |
| QSR Restaurant Brands Intern | New | 1.36% | +1.36 |
| KCGI Kensington Capital Acq-A | Add +0.1% | 4.69% | +1.35 |
| CURR Currenc Group Inc. | Add +165722.2% | 0.98% | +0.98 |
| APXIF Apx Acquisition Corp. I | Add +90.8% | 1.26% | +0.79 |
| CHEB.U Chenghe Acquisition II Co. | New | 0.78% | +0.78 |
| OCAX Oca Acquisition Corp. Class A | Add +23.1% | 1.68% | +0.72 |
| TONT.U Graf Global Corp. | New | 0.71% | +0.71 |
| MACIU Melar Acquisition Corp. I | New | 0.71% | +0.71 |
| SOC Sable Offshore Corp. | New | 0.46% | +0.46 |
| BNS Bank of Nova Scotia | New | 0.46% | +0.46 |
| CSLMF CSLM Acquisition Corp. | Add +72.4% | 0.64% | +0.38 |
| GETY Getty Images Holdings Inc. | New | 0.09% | +0.09 |
| INTC Intel Corp. | New | 0.09% | +0.09 |
| SVIIF Spring Valley Acquisition-A | New | 0.05% | +0.05 |
| DNUT Krispy Kreme Inc. | Add +100.0% | 0.06% | +0.03 |
| BYRN Byrna Technologies Inc. | New | 0.03% | +0.03 |
| APCA Ap Acquisition Corp. Class A | New | 0.02% | +0.02 |
| LMNR Limoneira Co. | New | 0.02% | +0.02 |
| HCVIU Hennessy Capital Investment | Add +25.0% | 0.04% | +0.02 |
| CDAUF Compass Digital Acquisition | New | 0.01% | +0.01 |
| TLGYF TLGY Acquisition Corp. Class A | New | 0.01% | +0.01 |
| CBGGF Chain Bridge I | New | 0.01% | +0.01 |
| RCFAF Perception Capital Corp. IV | New | 0.00% | +0.00 |
| PHYUF Pyrophyte Acquisition Corp. | New | 0.00% | +0.00 |
| BUJA Bukit Jalil Global Acquisiti | New | 0.00% | +0.00 |
| GLACF Global Lights Acquisition Co. | New | 0.00% | 0.00 |
| VMD Viemed Healthcare Inc. | Add +2.3% | 2.76% | −0.07 |
Notes & Other Activity Q1 2024 → Q2 2024
| SBXC.WS Silverbox Corp. III-28 | *W EXP 02/28/202 | Reduce -47.1% | 174,649 | $25K |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | Reduce -1.2% | 123,492 | $22K |
| AIMWF Aimfinity Investment-CW27 | *W EXP 99/99/999 | Reduce -9.8% | 458,621 | $11K |
| BLACR Bellevue Life Sciences-RTS | RIGHT 02/09/2028 | Sold out | 69,076 | $10Kbefore exit |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | Reduce -25.0% | 115,276 | $9K |
| EMCRF Embrace Change Acq-Rights | RIGHT 10/25/2026 | Sold out | 69,900 | $8Kbefore exit |
| ATMVR Alphavest Acquisition Co.-RT | RIGHT 01/22/2026 | Reduce -22.6% | 85,768 | $8K |
| RRAWF Rigel Resource Acquisi -CW23 | *W EXP 99/99/999 | Reduce -66.7% | 25,000 | $6K |
| EONR.WS HNR Acquisition Corp. -CW23 | *W EXP 11/15/202 | Reduce -39.0% | 122,000 | $6K |
| ZLSWF Zalatoris II Acquisition Cor | *W EXP 99/99/999 | Reduce -18.9% | 107,564 | $6K |
| LIBYW Liberty Resources Acq -CW22 | *W EXP 10/31/202 | Sold out | 88,396 | $3Kbefore exit |
| ENCPW Energem Corp. Class A -CW23 | *W EXP 11/15/202 | Sold out | 75,000 | $2Kbefore exit |
| BAYAR Bayview Acquisition Corp. | RIGHT 11/17/2028 | Sold out | 19,900 | $2Kbefore exit |
| NORTHERN REVIVAL ACQUISITION | *W EXP 01/31/202 | Sold out | 68,333 | $2Kbefore exit |
| TGAWF Target Global Acq I -CW27 | *W EXP 12/08/202 | Sold out | 23,610 | $2Kbefore exit |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | New | 8,172 | $2K |
| IGTAW Inception Growth Acq -23 | *W EXP 10/15/202 | Sold out | 38,314 | $2Kbefore exit |
| KCGI.WS Kensington Capital Acq -CW23 | *W EXP 99/99/999 | Sold out | 25,000 | $2Kbefore exit |
| TRIS.WS Tristar Acq I Class A -CW28 | *W EXP 99/99/999 | Reduce -86.5% | 7,821 | $1K |
| SACWF Spree Acquisition 1 Ltd. -23 | *W EXP 12/22/202 | Sold out | 40,000 | $902before exit |
| RFACW RF Acquisition Corp.-CW27 | *W EXP 05/01/202 | Sold out | 15,966 | $263before exit |
| GLLIR Globalink Investment Inc.-RTS | RIGHT 12/06/2026 | Sold out | 3,048 | $250before exit |
| NSTB.WS Northern Star Inv Class A -CW28 | *W EXP 01/31/202 | Sold out | 22,976 | $2before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.