Spartan Fund Management Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 2024), Spartan Fund Management Inc. reported 60 stock positions worth $33.0 million. Its top holding was Teva Pharmaceutical-SP ADR (TEVA) at 8.1% of the portfolio, followed by Apx Acquisition Corp. I (APXIF, 5.5%) and Hennessy Capital Invest Class A (HCVI, 5.3%). Compared with Q2 2024, it opened 18 new positions, sold out of 24, added to 17 and reduced 6. The biggest buy was a new position in Burtech Acquisition and the biggest sale an exit from Tristar Acquisition I Class A (TRIS).
- Most Recent 13F
- Q4 2024
- Location
- TORONTO, ONTARIO, Z4
- CIK
- 0001930346
- Portfolio Value
- $33.0M (Q3 2024)
- SEC Filing
- 0001930346-24-000006 ↗ filed Oct 21, 2024
Holdings Value
Holdings 60 stocks · $33.0M
| TEVA Teva Pharmaceutical-SP ADR | 8.10% | 148,300 | $2.7M | No change |
| APXIF Apx Acquisition Corp. I | 5.46% | 152,354 | $1.8M | Add +296.3% |
| HCVI Hennessy Capital Invest Class A | 5.28% | 151,405 | $1.7M | Add +19.8% |
| MCAA Mountain & Co. I Acquisition | 5.27% | 147,934 | $1.7M | No change |
| WELNF Integrated Wellness Acq - A | 5.22% | 146,234 | $1.7M | Add +20.7% |
| BURTECH ACQUISITION CORP | 5.13% | 150,100 | $1.7M | New |
| FRLA Fortune Rise Acquisition Cor | 4.60% | 133,462 | $1.5M | Add +56.3% |
| ZLSSF Zalatoris II Acquisition Cor | 4.60% | 139,950 | $1.5M | Reduce -26.3% |
| PHYTF Pyrophyte Acquisition Corp. Class A | 4.50% | 128,659 | $1.5M | No change |
| LATG Chenghe Acquisition I Co. | 4.39% | 125,009 | $1.4M | Add +0.0% |
| NFSCF Enphys Acquisition Corp. | 3.94% | 117,500 | $1.3M | Add +56.7% |
| RRACF Rigel Resource Acquisit Class A | 3.48% | 100,000 | $1.1M | No change |
| VMD Viemed Healthcare Inc. | 3.32% | 149,427 | $1.1M | No change |
| CAPNU Cayson Acquisition Corp. | 3.19% | 105,000 | $1.1M | New |
| F Ford Motor Co. filed as FORD MTR CO | 3.07% | 96,000 | $1.0M | Add +1.7% |
| BSIIU Black Spade Acquisition II C | 3.02% | 100,000 | $996K | New |
| FTW.U Eqv Ventures Acquisition Cor | 3.01% | 100,000 | $993K | New |
| TCOA Zalatoris Acquisition Corp. | 2.95% | 87,857 | $973K | No change |
| TLGYF TLGY Acquisition Corp. Class A | 2.10% | 60,083 | $693K | Add +19927.7% |
| EGRVF Evergreen Corporation Class A | 1.83% | 51,595 | $603K | New |
| SVIIF Spring Valley Acquisition-A | 1.77% | 51,856 | $583K | Add +3239.1% |
| BFACF Battery Future Acquisition-A | 1.70% | 50,747 | $562K | No change |
| ALPHAVEST ACQUISITION CORP | 1.65% | 48,988 | $546K | New |
| AAM.U Aa Mission Acquisition Corp. | 1.52% | 50,000 | $501K | New |
| TONT Graf Global Corp. Class A | 1.36% | 44,687 | $447K | Add +78.8% |
| HSPOF Horizon Space Acquisition I | 1.11% | 32,833 | $368K | Reduce -60.4% |
| SLAMF Slam Corp. Class A | 0.84% | 25,000 | $279K | Add +91.7% |
| BUJA Bukit Jalil Global Acquisiti | 0.83% | 25,011 | $273K | Add +227272.7% |
| DTSQU DT Cloud Star Acquisition Co. | 0.76% | 25,020 | $252K | New |
| RCFAF Perception Capital Corp. IV | 0.70% | 20,111 | $231K | Add +18018.0% |
| QSR Restaurant Brands Intern | 0.66% | 3,000 | $216K | Reduce -40.0% |
| SII Sprott Inc. | 0.52% | 3,978 | $172K | Reduce -86.3% |
| SOC Sable Offshore Corp. | 0.48% | 6,759 | $160K | Reduce -37.2% |
| PFE Pfizer Inc. | 0.44% | 5,000 | $145K | Add +66.7% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.43% | 2,580 | $141K | No change |
| AR Antero Resources Corp. | 0.39% | 4,500 | $129K | No change |
| UROY Uranium Royalty Corp. | 0.28% | 38,395 | $94K | No change |
| NXE Nexgen Energy Ltd. | 0.22% | 11,217 | $73K | No change |
| DOO BRP Inc./Ca- Sub Voting | 0.22% | 1,211 | $72K | New |
| CHEB.U Chenghe Acquisition II Co. | 0.21% | 6,666 | $70K | Reduce -76.0% |
| GFL GFL Environmental Inc.-Sub VT | 0.18% | 1,500 | $60K | New |
| PLAOF Patria Latin American Opport | 0.15% | 4,201 | $49K | New |
| OVV Ovintiv Inc. | 0.14% | 1,216 | $47K | No change |
| DNN Denison Mines Corp. | 0.14% | 25,000 | $46K | No change |
| VTLE Vital Energy Inc. | 0.13% | 1,567 | $42K | No change |
| CHRD Chord Energy Corp. | 0.10% | 264 | $34K | New |
| PHYUF Pyrophyte Acquisition Corp. | 0.10% | 2,943 | $34K | Add +2843.0% |
| SLV iShares Silver Trust | 0.09% | 1,000 | $28K | New |
| VAL Valaris Ltd. | 0.08% | 500 | $28K | No change |
| UCFI CN Healthy Food Tech Group C filed as IRON HORSE ACQUISITIONS CORP | 0.07% | 2,200 | $22K | New |
| DNUT Krispy Kreme Inc. | 0.07% | 2,000 | $21K | No change |
| HCVIU Hennessy Capital Investment | 0.05% | 1,450 | $16K | Add +16.0% |
| AG First Majestic Silver Corp. | 0.05% | 2,628 | $16K | No change |
| EGSVF Evergreen Corp. | 0.04% | 1,376 | $15K | New |
| TDW Tidewater Inc. | 0.04% | 200 | $14K | No change |
| LMNR Limoneira Co. | 0.03% | 321 | $9K | No change |
| ESHA Esh Acquisition Corp. Class A | 0.00% | 126 | $1K | New |
| PLAOU Patria Latin American Opport | 0.00% | 27 | $281 | New |
| GLACF Global Lights Acquisition Co. | 0.00% | 18 | $188 | Add +1700.0% |
| ANSCU Agriculture & Natural Soluti | 0.00% | 2 | $21 | New |
Other holdings (26): bonds, preferreds, convertibles and warrants · $165K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 117,592 | $33K | Reduce -4.8% |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 150,000 | $24K | Add +67.5% |
| DMYYW DMY Squared Technology GR-27 | *W EXP 99/99/999 | 140,778 | $18K | No change |
| AIMWF Aimfinity Investment-CW27 | *W EXP 99/99/999 | 458,621 | $11K | No change |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 110,000 | $10K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 50,037 | $9K | No change |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 50,000 | $9K | No change |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | 53,305 | $8K | Add +326.4% |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 115,276 | $6K | No change |
| RFAIR RF Acquisition Corp. II | RIGHT 05/01/2026 | 73,300 | $5K | No change |
| ATMVR Alphavest Acquisition Co.-RT | RIGHT 01/22/2026 | 35,758 | $5K | Reduce -58.3% |
| PERCEPTION CAPITAL CORP IV | *W EXP 99/99/999 | 98,854 | $5K | No change |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 49,200 | $5K | No change |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | 12,500 | $4K | New |
| GLLIW Globalink Investment -CW23 | *W EXP 12/03/202 | 125,000 | $3K | No change |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | 65,000 | $2K | No change |
| ATMCW Alphatime Acquisition Cor-28 | *W EXP 03/01/202 | 99,927 | $2K | No change |
| APXIW Apx Acquisition Corp. I -23 | *W EXP 99/99/999 | 25,000 | $2K | No change |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 8,172 | $1K | No change |
| SBXC.WS Silverbox Corp. III-28 | *W EXP 02/28/202 | 11,080 | $1K | Reduce -93.7% |
| ZLSWF Zalatoris II Acquisition Cor | *W EXP 99/99/999 | 107,564 | $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 | $620 | No change |
| SOARW Volato Group Inc. - CW23 | *W EXP 12/04/202 | 15,000 | $272 | No change |
| HCVIW Hennessy Capital Inv A -CW27 | *W EXP 99/99/999 | 3,040 | $213 | No change |
| NSTDW Northern Star Inv Class A -CW27 | *W EXP 02/25/202 | 22,976 | $23 | New |
Total filed on the 13F, all lines: $33.2M.
Portfolio Sells Q2 2024 → Q3 2024
| TRIS Tristar Acquisition I Corp. Class A | Sold out | 0.00% | −5.47 |
| EMCGF Embrace Change Acquisition C | Sold out | 0.00% | −4.76 |
| KCGI Kensington Capital Acq-A | Sold out | 0.00% | −4.69 |
| SII Sprott Inc. | Reduce -86.3% | 0.52% | −4.12 |
| LCW Learn CW Investment Corp. Class A | Sold out | 0.00% | −3.54 |
| BYNO Bynordic Acquisition Corp. | Sold out | 0.00% | −2.73 |
| RFAIU RF Acquisition Corp. II | Sold out | 0.00% | −2.08 |
| SEDA SDCL Edge Acquisition Corp. Class A | Sold out | 0.00% | −2.07 |
| OCAX Oca Acquisition Corp. Class A | Sold out | 0.00% | −1.68 |
| TRTLF Tortoiseecofin Acquisition-A | Sold out | 0.00% | −1.54 |
| HSPOF Horizon Space Acquisition I | Reduce -60.4% | 1.11% | −1.46 |
| CCIXU Churchill Capital Corp. Ix | Sold out | 0.00% | −1.43 |
| ZLSSF Zalatoris II Acquisition Cor | Reduce -26.3% | 4.60% | −1.27 |
| CURR Currenc Group Inc. | Sold out | 0.00% | −0.98 |
| MACIU Melar Acquisition Corp. I | Sold out | 0.00% | −0.71 |
| QSR Restaurant Brands Intern | Reduce -40.0% | 0.66% | −0.70 |
| CSLMF CSLM Acquisition Corp. | Sold out | 0.00% | −0.64 |
| CHEB.U Chenghe Acquisition II Co. | Reduce -76.0% | 0.21% | −0.57 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −0.37 |
| GETY Getty Images Holdings Inc. | Sold out | 0.00% | −0.09 |
| INTC Intel Corp. | Sold out | 0.00% | −0.09 |
| RCUS Arcus Biosciences Inc. | Sold out | 0.00% | −0.09 |
| BYRN Byrna Technologies Inc. | Sold out | 0.00% | −0.03 |
| APCA Ap Acquisition Corp. Class A | Sold out | 0.00% | −0.02 |
| CDAUF Compass Digital Acquisition | Sold out | 0.00% | −0.01 |
| CBGGF Chain Bridge I | Sold out | 0.00% | −0.01 |
| CDZI Cadiz Inc. | Sold out | 0.00% | −0.01 |
| DSAQ Direct Selling Acquisition-A | Sold out | 0.00% | −0.00 |
| SLMUF Slam Corp. | Sold out | 0.00% | −0.00 |
| SOC Sable Offshore Corp. | Reduce -37.2% | 0.48% | +0.03 |
Portfolio Buys Q2 2024 → Q3 2024
| BURTECH ACQUISITION CORP | New | 5.13% | +5.13 |
| APXIF Apx Acquisition Corp. I | Add +296.3% | 5.46% | +4.20 |
| CAPNU Cayson Acquisition Corp. | New | 3.19% | +3.19 |
| BSIIU Black Spade Acquisition II C | New | 3.02% | +3.02 |
| FTW.U Eqv Ventures Acquisition Cor | New | 3.01% | +3.01 |
| TLGYF TLGY Acquisition Corp. Class A | Add +19927.7% | 2.10% | +2.09 |
| FRLA Fortune Rise Acquisition Cor | Add +56.3% | 4.60% | +1.89 |
| EGRVF Evergreen Corporation Class A | New | 1.83% | +1.83 |
| SVIIF Spring Valley Acquisition-A | Add +3239.1% | 1.77% | +1.72 |
| ALPHAVEST ACQUISITION CORP | New | 1.65% | +1.65 |
| NFSCF Enphys Acquisition Corp. | Add +56.7% | 3.94% | +1.61 |
| HCVI Hennessy Capital Invest Class A | Add +19.8% | 5.28% | +1.52 |
| AAM.U Aa Mission Acquisition Corp. | New | 1.52% | +1.52 |
| WELNF Integrated Wellness Acq - A | Add +20.7% | 5.22% | +1.27 |
| BUJA Bukit Jalil Global Acquisiti | Add +227272.7% | 0.83% | +0.83 |
| DTSQU DT Cloud Star Acquisition Co. | New | 0.76% | +0.76 |
| RCFAF Perception Capital Corp. IV | Add +18018.0% | 0.70% | +0.70 |
| TONT Graf Global Corp. Class A | Add +78.8% | 1.36% | +0.65 |
| SLAMF Slam Corp. Class A | Add +91.7% | 0.84% | +0.44 |
| LATG Chenghe Acquisition I Co. | Add +0.0% | 4.39% | +0.38 |
| DOO BRP Inc./Ca- Sub Voting | New | 0.22% | +0.22 |
| PFE Pfizer Inc. | Add +66.7% | 0.44% | +0.20 |
| GFL GFL Environmental Inc.-Sub VT | New | 0.18% | +0.18 |
| PLAOF Patria Latin American Opport | New | 0.15% | +0.15 |
| CHRD Chord Energy Corp. | New | 0.10% | +0.10 |
| PHYUF Pyrophyte Acquisition Corp. | Add +2843.0% | 0.10% | +0.10 |
| SLV iShares Silver Trust | New | 0.09% | +0.09 |
| UCFI CN Healthy Food Tech Group C | New | 0.07% | +0.07 |
| EGSVF Evergreen Corp. | New | 0.04% | +0.04 |
| HCVIU Hennessy Capital Investment | Add +16.0% | 0.05% | +0.01 |
| ESHA Esh Acquisition Corp. Class A | New | 0.00% | +0.00 |
| PLAOU Patria Latin American Opport | New | 0.00% | +0.00 |
| GLACF Global Lights Acquisition Co. | Add +1700.0% | 0.00% | +0.00 |
| ANSCU Agriculture & Natural Soluti | New | 0.00% | +0.00 |
| F Ford Motor Co. | Add +1.7% | 3.07% | −0.27 |
Notes & Other Activity Q2 2024 → Q3 2024
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | Reduce -4.8% | 117,592 | $33K |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | Add +67.5% | 150,000 | $24K |
| TONT.WS Graf Global Corp.- 29 | *W EXP 05/31/203 | Add +326.4% | 53,305 | $8K |
| RRAWF Rigel Resource Acquisi -CW23 | *W EXP 99/99/999 | Sold out | 25,000 | $6Kbefore exit |
| EONR.WS HNR Acquisition Corp. -CW23 | *W EXP 11/15/202 | Sold out | 122,000 | $6Kbefore exit |
| ATMVR Alphavest Acquisition Co.-RT | RIGHT 01/22/2026 | Reduce -58.3% | 35,758 | $5K |
| CCIXW Churchill Capital Corp. I-29 | *W EXP 03/31/203 | New | 12,500 | $4K |
| SBXC.WS Silverbox Corp. III-28 | *W EXP 02/28/202 | Reduce -93.7% | 11,080 | $1K |
| TRIS.WS Tristar Acq I Class A -CW28 | *W EXP 99/99/999 | Sold out | 7,821 | $1Kbefore exit |
| PUCKW Goal Acquisitions Corp.-CW | *W EXP 99/99/999 | Sold out | 25,000 | $200before exit |
| NSTDW Northern Star Inv Class A -CW27 | *W EXP 02/25/202 | New | 22,976 | $23 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.