Westchester Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Westchester Capital Management, LLC reported 170 stock positions worth $2.3 billion. Its top holding was Pioneer Natural Resources (PXD) at 14.3% of the portfolio, followed by Hess (HES, 9.2%) and Westrock (WRK, 6.5%). Compared with Q4 2023, it opened 29 new positions, sold out of 62, added to 36 and reduced 32. The biggest buy was Pioneer Natural Resources (PXD, shares +7%) and the biggest sale an exit from Splunk (SPLK).
- Most Recent 13F
- Q2 2026
- Location
- VALHALLA, NY
- CIK
- 0001512805
- Portfolio Value
- $2.3B (Q1 2024)
- SEC Filing
- 0001512805-24-000007 ↗ filed May 15, 2024
Holdings Value
Holdings 170 stocks · $2.3B
| PXD Pioneer Natural Resources Co. | 14.27% | 1,234,647 | $324.1M | Add +7.3% |
| HES Hess Corp. | 9.19% | 1,368,220 | $208.8M | Reduce -7.5% |
| WRK Westrock Co. | 6.46% | 2,965,356 | $146.6M | Reduce -3.3% |
| X United States Steel Corp. | 5.12% | 2,853,695 | $116.4M | Add +123.0% |
| AMED Amedisys Inc. | 3.98% | 981,057 | $90.4M | Add +11.6% |
| AXONICS INC | 3.47% | 1,143,773 | $78.9M | New |
| JNPR Juniper Networks Inc. | 3.25% | 1,993,016 | $73.9M | New |
| CPRI Capri Holdings Ltd. | 3.25% | 1,628,025 | $73.7M | Reduce -25.5% |
| MGRC McGrath Rentcorp | 2.96% | 545,466 | $67.3M | New |
| CTLT Catalent Inc. | 2.44% | 981,725 | $55.4M | New |
| CVII Churchill Capital Corp. Vii-A | 2.44% | 5,177,858 | $55.4M | Add +25.3% |
| OLK Olink Holding AB - ADR | 2.27% | 2,195,618 | $51.6M | Add +8.6% |
| SCRM Screaming Eagle Acq Class A | 1.81% | 3,848,376 | $41.2M | Add +8.2% |
| ETRN Equitrans Midstream Corp. | 1.80% | 3,276,826 | $40.9M | New |
| AEL American National Group Inc. | 1.70% | 686,430 | $38.6M | Add +56.3% |
| CERE Cerevel Therapeutics Holding | 1.39% | 747,594 | $31.6M | Add +2.5% |
| ACI Albertsons Cos Inc. Class A | 1.37% | 1,446,371 | $31.0M | Reduce -40.8% |
| SP SP Plus Corp. | 1.18% | 515,243 | $26.9M | Add +73.4% |
| SWN Southwestern Energy Co. | 1.17% | 3,503,949 | $26.6M | New |
| RRACF Rigel Resource Acquisit Class A | 1.00% | 2,030,668 | $22.7M | Add +6.9% |
| NWLI National Western Life Grou-A | 0.86% | 39,706 | $19.5M | Add +151.2% |
| PLAOF Patria Latin American Opport | 0.79% | 1,589,632 | $17.9M | Reduce -3.3% |
| TRTLF Tortoiseecofin Acquisition-A | 0.76% | 1,600,231 | $17.2M | No change |
| ARES ACQUISITION CORP II | 0.72% | 1,557,355 | $16.5M | Reduce -20.4% |
| DFS Discover Financial Services | 0.72% | 124,127 | $16.3M | New |
| ANSC Agriculture & Natural Soluti | 0.67% | 1,500,000 | $15.2M | No change |
| CARR Carrier Global Corp. | 0.61% | 239,700 | $13.9M | Reduce -4.0% |
| RENEF Cartesian Growth Corp. II- A | 0.61% | 1,251,371 | $13.9M | Add +16.2% |
| TECK Teck Resources Ltd.-CLS B | 0.59% | 295,100 | $13.5M | Reduce -63.0% |
| CMBT CMB Tech NV filed as EURONAV NV | 0.58% | 740,921 | $13.2M | Add +53.1% |
| CNDA Concord Acquisition Corp. Class A | 0.57% | 1,236,716 | $13.0M | Reduce -7.3% |
| ERF Enerplus Corp. | 0.50% | 572,351 | $11.3M | New |
| SVIIF Spring Valley Acquisition-A | 0.47% | 977,649 | $10.7M | Add +21.1% |
| BALL Ball Corp. | 0.44% | 148,500 | $10.0M | Add +26.1% |
| LCW Learn CW Investment Corp. Class A | 0.43% | 900,464 | $9.9M | Reduce -2.9% |
| HAYN Haynes International Inc. | 0.40% | 152,060 | $9.1M | New |
| INHIBRX INC | 0.40% | 257,368 | $9.0M | New |
| IVCAF Libity filed as INVESTCORP INDIA ACQUISTN CO | 0.39% | 783,538 | $8.8M | No change |
| EDR Endeavor Group Hold Class A | 0.37% | 329,921 | $8.5M | Reduce -85.5% |
| EVE Eve Mobility Acquisition C-A | 0.37% | 768,325 | $8.4M | No change |
| CFFS CF Acquisition Corp. Vii Class A | 0.34% | 717,283 | $7.8M | Reduce -20.7% |
| KVACF Keen Vision Acquisition Corp. | 0.34% | 746,977 | $7.8M | No change |
| M D C HLDGS INC | 0.34% | 123,900 | $7.8M | New |
| PHYTF Pyrophyte Acquisition Corp. Class A | 0.34% | 698,850 | $7.8M | No change |
| USAR USA Rare Earth Inc. filed as INFLECTION PT ACQUISITN CRP | 0.34% | 735,649 | $7.7M | Add +58.0% |
| VZIO Vizio Holding Corp. Class A | 0.34% | 701,954 | $7.7M | New |
| MCAA Mountain & Co. I Acquisition | 0.32% | 631,539 | $7.3M | Reduce -39.3% |
| SEDA SDCL Edge Acquisition Corp. Class A | 0.32% | 656,154 | $7.2M | No change |
| VMCAF Valuence Merger Corp. I Class A | 0.31% | 617,365 | $7.0M | No change |
| APCA Ap Acquisition Corp. Class A | 0.30% | 610,820 | $6.9M | Add +25.7% |
| PEGR Project Energy Reimagined Ac | 0.30% | 648,126 | $6.8M | No change |
| EVCO Everest Consolidator Acquisi | 0.28% | 568,036 | $6.3M | No change |
| ANSS Ansys Inc. | 0.27% | 17,509 | $6.1M | New |
| SLAMF Slam Corp. Class A | 0.27% | 545,599 | $6.1M | Add +30.6% |
| NFSCF Enphys Acquisition Corp. | 0.26% | 547,097 | $5.9M | Reduce -35.0% |
| NBST Newbury Street Acquisition C | 0.26% | 544,352 | $5.9M | Add +99.8% |
| TLGYF TLGY Acquisition Corp. Class A | 0.26% | 519,000 | $5.9M | No change |
| KVUE Kenvue Inc. | 0.26% | 272,500 | $5.8M | No change |
| IVCBF Invest Acquisition Corp. | 0.26% | 516,655 | $5.8M | No change |
| NGMS Neogames SA | 0.26% | 201,302 | $5.8M | No change |
| CCI Crown Castle Inc. | 0.26% | 55,000 | $5.8M | Add +7.8% |
| TRIS Tristar Acquisition I Corp. Class A | 0.25% | 525,044 | $5.8M | No change |
| BUJA Bukit Jalil Global Acquisiti | 0.25% | 537,000 | $5.6M | Add +58.9% |
| MONTEREY CAP ACQUISITION COR | 0.25% | 508,230 | $5.6M | Add +41.9% |
| APXIF Apx Acquisition Corp. I | 0.25% | 489,675 | $5.6M | No change |
| CSLMF CSLM Acquisition Corp. | 0.23% | 471,296 | $5.2M | No change |
| TGAAF Target Global Acquisition -A | 0.23% | 462,150 | $5.2M | No change |
| BOCN Blue Ocean Acquisition Cor-A | 0.22% | 462,277 | $5.1M | Add +51.2% |
| FNVTF Finnovate Acquisition Corp. Class A | 0.22% | 449,655 | $5.1M | No change |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | 0.22% | 451,710 | $5.0M | Add +35.1% |
| SPKLF Spark I Acquisition Corp. | 0.22% | 485,410 | $5.0M | Reduce -2.5% |
| RCFAF Perception Capital Corp. IV filed as RCF ACQUISITION CORP | 0.22% | 439,857 | $4.9M | No change |
| WELNF Integrated Wellness Acq - A | 0.21% | 423,090 | $4.8M | No change |
| ALCYF Alchemy Investments Acquisit | 0.21% | 450,000 | $4.8M | No change |
| GAQ Generation Asia I Acquisit-A | 0.21% | 425,000 | $4.7M | Add +13.3% |
| NZF Nuveen Municipal Credit Inc. | 0.20% | 365,772 | $4.5M | Add +42.2% |
| QETA Quetta Acquisition Corp. | 0.20% | 438,641 | $4.5M | New |
| TMTC TMT Acquisition Corp. Class A | 0.19% | 399,000 | $4.3M | No change |
| VALE Vale SA-SP ADR | 0.19% | 347,700 | $4.2M | Add +136.4% |
| EGRVF Evergreen Corporation Class A | 0.18% | 370,000 | $4.2M | No change |
| NETD Nabors Energy Transition C-A | 0.18% | 398,031 | $4.1M | Reduce -11.6% |
| PSX Phillips 66 | 0.17% | 24,300 | $4.0M | Reduce -54.5% |
| GODN Golden Star Acquisition Corp. | 0.17% | 375,000 | $3.9M | No change |
| LEGT.U Legato Merger Corp. III | 0.17% | 383,161 | $3.9M | New |
| DYCQU DT Cloud Acquisition Corp. | 0.17% | 378,936 | $3.8M | New |
| VHAQ Viveon Health Acquisition Co. | 0.17% | 329,000 | $3.8M | Add +278.2% |
| CRTAF Cartica Acquisition Corp. Class A | 0.17% | 341,807 | $3.8M | No change |
| CURR Currenc Group Inc. filed as INFINT ACQUISITION CORP | 0.16% | 320,573 | $3.7M | Reduce -12.6% |
| ESHA Esh Acquisition Corp. Class A | 0.16% | 345,591 | $3.6M | No change |
| PLUM ACQUISITION CORP I | 0.16% | 320,220 | $3.6M | No change |
| ALSAF Alpha Star Acquisition Corp. | 0.16% | 312,905 | $3.5M | Reduce -64.6% |
| TCN Tricon Residential Inc. | 0.16% | 316,200 | $3.5M | New |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 0.15% | 39,024 | $3.5M | New |
| HSPOF Horizon Space Acquisition I | 0.15% | 314,400 | $3.4M | Add +698.0% |
| ROTH CH ACQUISITION CO | 0.15% | 311,572 | $3.4M | No change |
| TENX KEANE ACQUISITION | 0.15% | 300,000 | $3.3M | No change |
| FRLA Fortune Rise Acquisition Cor | 0.15% | 296,974 | $3.3M | No change |
| OAKU Oak Woods Acquisition Corp. Class A | 0.14% | 300,000 | $3.2M | No change |
| BMRN Biomarin Pharmaceutical Inc. | 0.14% | 36,700 | $3.2M | Reduce -69.0% |
| GLLI Globalink Investment Inc. | 0.14% | 290,400 | $3.2M | No change |
Options reported separately and not counted above: SPY puts ($235.4M), CCI puts ($15.7M), CARR puts ($13.9M), BALL puts ($12.9M), BAX puts ($12.8M), TECK puts ($11.9M), VALE puts ($10.8M), CERE puts ($10.6M), XRT puts ($9.5M), FIS puts ($7.5M), KVUE puts ($5.8M), PSX puts ($4.0M), and 4 more.
Other holdings (60): bonds, preferreds, convertibles and warrants · $89.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SPLUNK INC (SPLK 1.125 06/15/27) | NOTE 1.125% 6/1 · principal | 67,883,000 | $68.0M | New |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | 20,961,000 | $20.0M | New |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 375,000 | $171K | Reduce -11.8% |
| SCRMW Screaming Eagle Acq Class A -27 | *W EXP 99/99/999 | 299,597 | $142K | No change |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 749,999 | $129K | No change |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | 393,327 | $98K | No change |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 176,458 | $85K | No change |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 399,998 | $74K | No change |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | 242,704 | $44K | New |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 224,998 | $43K | No change |
| LDTDF Prospector Leddartech Alm-28 | *W EXP 12/21/202 | 281,449 | $36K | No change |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 649,000 | $35K | No change |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | 465,000 | $33K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 149,998 | $30K | No change |
| SOARW Volato Group Inc. - CW23 | *W EXP 12/04/202 | 200,000 | $30K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 232,918 | $28K | No change |
| USARW Inflection Point Acquis-C-28 | *W EXP 08/31/202 | 182,804 | $27K | No change |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 224,999 | $25K | No change |
| SLMWF Slam Corp.-A -CW27 | *W EXP 99/99/999 | 121,866 | $22K | No change |
| ALURW Allurion Technologies-28 | *W EXP 08/01/203 | 85,801 | $22K | No change |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 167,497 | $18K | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 100,000 | $18K | No change |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | 192,324 | $17K | No change |
| QSIAW Quantum-Si Inc. -CW27 | *W EXP 06/10/202 | 65,618 | $16K | No change |
| COOLW Corner Growth Acq Class A -CW27 | *W EXP 99/99/999 | 92,455 | $14K | No change |
| KCGI.WS Kensington Capital Acq -CW23 | *W EXP 99/99/999 | 224,994 | $14K | No change |
| EVE.WS Eve Mobility Acquisit A -23 | *W EXP 12/31/202 | 100,000 | $13K | No change |
| TGAWF Target Global Acq I -CW27 | *W EXP 12/08/202 | 149,984 | $11K | No change |
| PLMWF Plum Acquisition Corp. III-CW | *W EXP 03/31/202 | 83,333 | $11K | No change |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | 50,000 | $11K | No change |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 03/18/202 | 26,913 | $10K | No change |
| PUCKW Goal Acquisitions Corp.-CW | *W EXP 99/99/999 | 1,090,799 | $10K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 87,498 | $9K | New |
| REEWF Cartesian Growth Corp. II -28 | *W EXP 07/12/202 | 83,331 | $9K | No change |
| RMGWF RMG Acquisition Class A -CW27 | *W EXP 99/99/999 | 123,000 | $7K | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 99,994 | $7K | New |
| HOVRW Pono Capital Three Inc.-A-28 | *W EXP 02/14/202 | 133,721 | $7K | New |
| CEROW Phoenix Biotech Acq -CW26 | *W EXP 02/13/202 | 74,998 | $7K | No change |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | 92,073 | $7K | New |
| BZFDW Buzzfeed Inc. -CW27 | *W EXP 12/03/202 | 145,837 | $7K | No change |
| CRGOW Freightos Ltd.-CW28 | *W EXP 99/99/999 | 64,998 | $6K | No change |
| EGUVF Evergreen Corporation -CW27 | *W EXP 02/08/202 | 50,000 | $4K | No change |
| AEAEW Altenergy Acquisition -CW23 | *W EXP 10/29/202 | 74,998 | $4K | No change |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 124,999 | $4K | No change |
| WHOLE EARTH BRANDS INC | *W EXP 06/25/202 | 80,853 | $4K | No change |
| SBXC.WS Silverbox Corp. III-28 | *W EXP 02/28/202 | 33,332 | $3K | No change |
| NBSTW Newbury Street Acq -CW27 | *W EXP 04/30/202 | 74,999 | $3K | No change |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 37,500 | $3K | No change |
| BUJAW Bukit Jalil Global Acquis-28 | *W EXP 12/30/202 | 74,998 | $3K | New |
| PHYWF PHYT WS -CW | *W EXP 05/03/202 | 99,999 | $3K | No change |
| XBPEW CF Acquisition Viii A -CW27 | *W EXP 11/30/202 | 62,499 | $3K | No change |
| ZAPWF Zapp Electric Vehicles -28 | *W EXP 99/99/999 | 199,999 | $2K | No change |
| OAKUW Oak Woods Acquisition -28 | *W EXP 99/99/999 | 100,000 | $2K | No change |
| AVHIW Achari Ventures Holdin -CW23 | *W EXP 99/99/999 | 88,501 | $2K | No change |
| IMAQW International Media Ac -CW28 | *W EXP 99/99/999 | 50,000 | $1K | No change |
| CETUW Cetus Capital Acquisition-28 | *W EXP 01/31/202 | 82,560 | $1K | No change |
| GBBKW Global Blockchain Acq-CW27 | *W EXP 05/09/202 | 100,000 | $1K | No change |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | 20,045 | $1K | New |
| AOGOW Arogo Capital Acq -CW23 | *W EXP 03/23/202 | 50,000 | $755 | No change |
| MVLAW Pathfinder Acq Class A -CW27 | *W EXP 02/10/202 | 93,251 | $588 | No change |
Total filed on the 13F, all lines: $2.4B.
Portfolio Sells Q4 2023 → Q1 2024
| SPLK Splunk Inc. | Sold out | 0.00% | −7.35 |
| SRC Spirit Realty Capital Inc. | Sold out | 0.00% | −4.62 |
| SOVO Sovos Brands Inc. | Sold out | 0.00% | −2.85 |
| SPLUNK INC (SPLK 1.125 06/15/27) | Sold out | 0.00% | −2.44 |
| EDR Endeavor Group Hold Class A | Reduce -85.5% | 0.37% | −1.80 |
| IMGN Immunogen Inc. | Sold out | 0.00% | −1.63 |
| KRTX Karuna Therapeutics Inc. | Sold out | 0.00% | −1.29 |
| CPRI Capri Holdings Ltd. | Reduce -25.5% | 3.25% | −1.17 |
| GHIX Gores Holding Ix Inc. Class A | Sold out | 0.00% | −1.08 |
| ACI Albertsons Cos Inc. Class A | Reduce -40.8% | 1.37% | −0.89 |
| HCVI Hennessy Capital Invest Class A | Reduce -96.7% | 0.03% | −0.82 |
| RPT REALTY | Sold out | 0.00% | −0.77 |
| TECK Teck Resources Ltd.-CLS B | Reduce -63.0% | 0.59% | −0.76 |
| PLMJF Plum Acquisition Corp. III | Sold out | 0.00% | −0.54 |
| LCAA L Catterton Asia Acq Class A | Sold out | 0.00% | −0.47 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -69.0% | 0.14% | −0.32 |
| FLD Fold Holdings Inc. | Reduce -76.5% | 0.11% | −0.32 |
| POWER & DIGITAL INFRASTRUCTU | Sold out | 0.00% | −0.31 |
| HCMA HCM Acquisition Corp. Class A | Sold out | 0.00% | −0.25 |
| ALSAF Alpha Star Acquisition Corp. | Reduce -64.6% | 0.16% | −0.24 |
| ROSS Ross Acquisition Corp. II -A | Sold out | 0.00% | −0.22 |
| MRTX Mirati Therapeutics Inc. | Sold out | 0.00% | −0.21 |
| FIS Fidelity National Info Serv | Reduce -94.8% | 0.02% | −0.20 |
| ISRLF Israel Acquisitions Corp. Class A | Sold out | 0.00% | −0.20 |
| FOCUS IMPACT ACQUISITION COR | Sold out | 0.00% | −0.20 |
| MARX Mars Acquisition Corp. | Sold out | 0.00% | −0.20 |
| CHEA Chenghe Acquisition Co. Class A | Sold out | 0.00% | −0.18 |
| ARIZ Arisz Acquisition Corp. | Sold out | 0.00% | −0.18 |
| ARROWROOT ACQUISITION CORP | Sold out | 0.00% | −0.18 |
| NUBIA BRAND INTERNATIONAL CO | Sold out | 0.00% | −0.17 |
| CSTAF Constellation Acquisition-A | Sold out | 0.00% | −0.17 |
| QETAU Quetta Acquisition Corp. | Sold out | 0.00% | −0.16 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.16 |
| MCAA Mountain & Co. I Acquisition | Reduce -39.3% | 0.32% | −0.15 |
| CETU Cetus Capital Acquisition Co. | Sold out | 0.00% | −0.14 |
| KRNL Kernel Group Holdings Inc. Class A | Sold out | 0.00% | −0.13 |
| OPA Magnum Opus Acquisition LT-A | Sold out | 0.00% | −0.13 |
| FTII Futuretech II Acquisiti Class A | Sold out | 0.00% | −0.12 |
| PSX Phillips 66 | Reduce -54.5% | 0.17% | −0.11 |
| SZZL Sizzle Acquisition Corp. | Sold out | 0.00% | −0.11 |
| DUET Duet Acquisition Corp. Class A | Sold out | 0.00% | −0.11 |
| CMCAF Piermont Valley Acquisition | Sold out | 0.00% | −0.11 |
| REDWOODS ACQUISITION CORP | Sold out | 0.00% | −0.11 |
| NFSCF Enphys Acquisition Corp. | Reduce -35.0% | 0.26% | −0.10 |
| ARES ACQUISITION CORP II | Reduce -20.4% | 0.72% | −0.10 |
| OKLO Oklo Inc. | Reduce -88.5% | 0.02% | −0.10 |
| LIBY Liberty Resources Acqui Class A | Sold out | 0.00% | −0.09 |
| ARYD Arya Sciences Acquisition-A | Sold out | 0.00% | −0.09 |
| AURORA TECHNOLOGY ACQUISITIO | Sold out | 0.00% | −0.09 |
| CBRRF Chain Bridge I-A | Sold out | 0.00% | −0.09 |
Portfolio Buys Q4 2023 → Q1 2024
| PXD Pioneer Natural Resources Co. | Add +7.3% | 14.27% | +3.86 |
| AXONICS INC | New | 3.47% | +3.47 |
| JNPR Juniper Networks Inc. | New | 3.25% | +3.25 |
| MGRC McGrath Rentcorp | New | 2.96% | +2.96 |
| X United States Steel Corp. | Add +123.0% | 5.12% | +2.62 |
| CTLT Catalent Inc. | New | 2.44% | +2.44 |
| ETRN Equitrans Midstream Corp. | New | 1.80% | +1.80 |
| SWN Southwestern Energy Co. | New | 1.17% | +1.17 |
| DFS Discover Financial Services | New | 0.72% | +0.72 |
| AEL American National Group Inc. | Add +56.3% | 1.70% | +0.71 |
| CVII Churchill Capital Corp. Vii-A | Add +25.3% | 2.44% | +0.69 |
| AMED Amedisys Inc. | Add +11.6% | 3.98% | +0.62 |
| SP SP Plus Corp. | Add +73.4% | 1.18% | +0.57 |
| NWLI National Western Life Grou-A | Add +151.2% | 0.86% | +0.55 |
| ERF Enerplus Corp. | New | 0.50% | +0.50 |
| HAYN Haynes International Inc. | New | 0.40% | +0.40 |
| INHIBRX INC | New | 0.40% | +0.40 |
| M D C HLDGS INC | New | 0.34% | +0.34 |
| VZIO Vizio Holding Corp. Class A | New | 0.34% | +0.34 |
| SCRM Screaming Eagle Acq Class A | Add +8.2% | 1.81% | +0.30 |
| ANSS Ansys Inc. | New | 0.27% | +0.27 |
| CMBT CMB Tech NV | Add +53.1% | 0.58% | +0.24 |
| OLK Olink Holding AB - ADR | Add +8.6% | 2.27% | +0.23 |
| QETA Quetta Acquisition Corp. | New | 0.20% | +0.20 |
| LEGT.U Legato Merger Corp. III | New | 0.17% | +0.17 |
| DYCQU DT Cloud Acquisition Corp. | New | 0.17% | +0.17 |
| BALL Ball Corp. | Add +26.1% | 0.44% | +0.17 |
| RRACF Rigel Resource Acquisit Class A | Add +6.9% | 1.00% | +0.16 |
| TCN Tricon Residential Inc. | New | 0.16% | +0.16 |
| EXE Expand Energy Corp. | New | 0.15% | +0.15 |
| CERE Cerevel Therapeutics Holding | Add +2.5% | 1.39% | +0.15 |
| USAR USA Rare Earth Inc. | Add +58.0% | 0.34% | +0.15 |
| NBST Newbury Street Acquisition C | Add +99.8% | 0.26% | +0.14 |
| RENEF Cartesian Growth Corp. II- A | Add +16.2% | 0.61% | +0.14 |
| ETSY Etsy Inc. | New | 0.13% | +0.13 |
| HSPOF Horizon Space Acquisition I | Add +698.0% | 0.15% | +0.13 |
| VHAQ Viveon Health Acquisition Co. | Add +278.2% | 0.17% | +0.13 |
| SVIIF Spring Valley Acquisition-A | Add +21.1% | 0.47% | +0.12 |
| BUJA Bukit Jalil Global Acquisiti | Add +58.9% | 0.25% | +0.11 |
| NRAC Northern Revival Acquisition | New | 0.10% | +0.10 |
| BITE Bite Acquisition Corp. | New | 0.09% | +0.09 |
| VALE Vale SA-SP ADR | Add +136.4% | 0.19% | +0.09 |
| BOCN Blue Ocean Acquisition Cor-A | Add +51.2% | 0.22% | +0.09 |
| MONTEREY CAP ACQUISITION COR | Add +41.9% | 0.25% | +0.09 |
| APCA Ap Acquisition Corp. Class A | Add +25.7% | 0.30% | +0.09 |
| SLAMF Slam Corp. Class A | Add +30.6% | 0.27% | +0.09 |
| AITR AI Transportation Acquisitio | New | 0.08% | +0.08 |
| NZF Nuveen Municipal Credit Inc. | Add +42.2% | 0.20% | +0.07 |
| CLRCF Climaterock Class A | New | 0.07% | +0.07 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Add +35.1% | 0.22% | +0.07 |
Options Activity Q4 2023 → Q1 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +52.3% | 450,000 | $235.4M |
| X United States Steel Corp. | put | Sold out | 973,500 | $47.4Mbefore exit |
| CCI Crown Castle Inc. | put | Add +190.0% | 147,900 | $15.7M |
| CARR Carrier Global Corp. | put | Reduce -4.0% | 239,700 | $13.9M |
| BALL Ball Corp. | put | Reduce -34.0% | 190,900 | $12.9M |
| BAX Baxter International Inc. | put | Reduce -1.7% | 299,600 | $12.8M |
| TECK Teck Resources Ltd.-CLS B | put | Reduce -66.8% | 259,500 | $11.9M |
| VALE Vale SA-SP ADR | put | Add +351.2% | 888,500 | $10.8M |
| CERE Cerevel Therapeutics Holding | put | Add +25.0% | 250,000 | $10.6M |
| XRT SS SPDR S&P Retail ETF | put | New | 120,500 | $9.5M |
| FIS Fidelity National Info Serv | put | Reduce -49.7% | 101,100 | $7.5M |
| PSX Phillips 66 | put | Reduce -54.5% | 24,300 | $4.0M |
| LSXMA Liberty Media Corp. Class A New | put | Sold out | 126,000 | $3.6Mbefore exit |
| BMRN Biomarin Pharmaceutical Inc. | put | Reduce -69.0% | 36,700 | $3.2M |
| ETSY Etsy Inc. | put | New | 44,600 | $3.1M |
| CTLT Catalent Inc. | put | New | 50,000 | $2.8M |
| EDR Endeavor Group Hold Class A | put | Reduce -95.4% | 95,700 | $2.5M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| SPLUNK INC (SPLK 1.125 06/15/27) | NOTE 1.125% 6/1 · principal | New | 67,883,000 | $68.0M |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | New | 20,961,000 | $20.0M |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | Reduce -11.8% | 375,000 | $171K |
| NAMSW Newamsterdam Pharma Co. NV-27 | *W EXP 99/99/999 | Sold out | 31,189 | $98Kbefore exit |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | New | 242,704 | $44K |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | New | 87,498 | $9K |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | New | 99,994 | $7K |
| HOVRW Pono Capital Three Inc.-A-28 | *W EXP 02/14/202 | New | 133,721 | $7K |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | New | 92,073 | $7K |
| ESGEN ACQUISITION A -CW23 | *W EXP 10/18/202 | Sold out | 87,498 | $3Kbefore exit |
| BUJAW Bukit Jalil Global Acquis-28 | *W EXP 12/30/202 | New | 74,998 | $3K |
| DNABW Ginkgo Bioworks -CW27 | *W EXP 09/16/202 | Sold out | 20,000 | $2Kbefore exit |
| NCACW Newcourt Acquisition -CW28 | *W EXP 01/22/202 | Sold out | 92,073 | $1Kbefore exit |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | New | 20,045 | $1K |
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 | 228 | $2.0B | EA, NSC, WBD, GTLS, WBS |
| Q1 2026 | 233 | $2.1B | EA, NSC, WBD, WBS, GTLS |
| Q4 2025 | 221 | $2.1B | CYBR, EA, NSC, WBD, GTLS |
| Q3 2025 | 191 | $1.9B | COOP, K, CYBR, GTLS, TECK |
| Q2 2025 | 153 | $1.7B | HES, K, CHX, FYBR, COOP |
| Q1 2025 | 121 | $1.7B | HES, K, CHX, DFS, BERY |
| Q4 2024 | 112 | $1.7B | HES, EDR, K, HCP, CHX |
| Q3 2024 | 120 | $2.1B | HES, EDR, SWN, HCP, AMED |
| Q2 2024 | 144 | $2.3B | HES, EDR, WRK, X, AMED |
| Q1 2024 | 170 | $2.3B | PXD, HES, WRK, X, AMED |