Westchester Capital Management, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Westchester Capital Management, LLC reported 144 stock positions worth $2.3 billion. Its top holding was Hess (HES) at 9.8% of the portfolio, followed by Endeavor Group Hold Class A (EDR, 7.0%) and Westrock (WRK, 6.5%). Compared with Q1 2024, it opened 20 new positions, sold out of 45, added to 24 and reduced 28. The biggest buy was Endeavor Group Hold Class A (EDR, shares +1701%) and the biggest sale an exit from Pioneer Natural Resources (PXD).

Most Recent 13F
Q2 2026
Location
VALHALLA, NY
CIK
0001512805
Portfolio Value
$2.3B (Q2 2024)
SEC Filing
0001512805-24-000023 ↗ filed Aug 14, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $2.3B Q1 2024 Q2 2024: $2.3B $2.3B Q2 2024 Q3 2024: $2.1B Q3 2024 Q4 2024: $1.7B Q4 2024 Q1 2025: $1.7B Q1 2025 Q2 2025: $1.7B Q2 2025 Q3 2025: $1.9B Q3 2025 Q4 2025: $2.1B Q4 2025 Q1 2026: $2.1B Q1 2026 Q2 2026: $2.0B Q2 2026

Holdings 144 stocks · $2.3B
HES Hess Corp. 9.81% 1,531,495 $225.9M Add +11.9%
EDR Endeavor Group Hold Class A 6.97% 5,940,858 $160.6M Add +1700.7%
WRK Westrock Co. 6.47% 2,965,356 $149.0M No change
X United States Steel Corp. 4.69% 2,860,146 $108.1M Add +0.2%
AMED Amedisys Inc. 4.07% 1,021,326 $93.8M Add +4.1%
AXONICS INC 3.95% 1,352,210 $90.9M Add +18.2%
SWN Southwestern Energy Co. 3.39% 11,600,711 $78.1M Add +231.1%
SRCL Stericycle Inc. 3.36% 1,332,289 $77.4M New
ETRN Equitrans Midstream Corp. 3.34% 5,928,972 $77.0M Add +80.9%
MGRC McGrath Rentcorp 3.06% 661,265 $70.5M Add +21.2%
HCP Hashicorp Inc. Class A 2.92% 1,994,249 $67.2M New
CTLT Catalent Inc. 2.76% 1,130,177 $63.5M Add +15.1%
CVII Churchill Capital Corp. Vii-A 2.66% 5,685,833 $61.2M Add +9.8%
OLK Olink Holding AB - ADR 2.44% 2,202,214 $56.1M Add +0.3%
CHX Championx Corp. 2.43% 1,685,511 $56.0M New
JNPR Juniper Networks Inc. 2.20% 1,391,025 $50.7M Reduce -30.2%
CPRI Capri Holdings Ltd. 1.77% 1,233,174 $40.8M Reduce -24.3%
HAYN Haynes International Inc. 1.57% 616,514 $36.2M Add +305.4%
ANSS Ansys Inc. 1.42% 101,841 $32.7M Add +481.6%
CERE Cerevel Therapeutics Holding 1.41% 793,349 $32.4M Add +6.1%
ACI Albertsons Cos Inc. Class A 1.24% 1,446,371 $28.6M No change
WIRE Encore Wire Corp. 1.24% 98,175 $28.5M New
MRO Marathon Oil Corp. 1.14% 914,936 $26.2M New
USAR USA Rare Earth Inc. filed as INFLECTION PT ACQUISITN CRP 1.06% 2,292,793 $24.3M Add +211.7%
NVEI Nuvei Corp.-Subordinate VTG 1.05% 749,438 $24.3M New
RRACF Rigel Resource Acquisit Class A 1.00% 2,030,668 $23.0M No change
NWLI National Western Life Grou-A 0.96% 44,642 $22.2M Add +12.4%
ARES ACQUISITION CORP II 0.72% 1,557,355 $16.6M No change
TRTLF Tortoiseecofin Acquisition-A 0.71% 1,497,609 $16.4M Reduce -6.4%
ANSC Agriculture & Natural Soluti 0.67% 1,500,000 $15.4M No change
VZIO Vizio Holding Corp. Class A 0.64% 1,369,619 $14.8M Add +95.1%
RENEF Cartesian Growth Corp. II- A 0.61% 1,251,371 $14.1M No change
IBTX Independent Bank Group Inc. 0.52% 263,500 $12.0M New
SILK Silk Road Medical Inc. filed as SILK RD MED INC 0.51% 437,118 $11.8M New
SVIIF Spring Valley Acquisition-A 0.47% 977,649 $10.9M No change
CARR Carrier Global Corp. 0.46% 167,500 $10.6M Reduce -30.1%
DD Dupont DE Nemours Inc. 0.43% 122,100 $9.8M New
LCW Learn CW Investment Corp. Class A 0.43% 900,464 $9.8M No change
VALE Vale SA-SP ADR 0.41% 838,700 $9.4M Add +141.2%
IVCAF Libity filed as INVESTCORP INDIA ACQUISTN CO 0.39% 783,538 $8.9M No change
ETSY Etsy Inc. 0.39% 150,400 $8.9M Add +237.2%
SBOW Silverbow Resources Inc. 0.36% 217,026 $8.2M New
CCI Crown Castle Inc. 0.35% 83,600 $8.2M Add +52.0%
KVACF Keen Vision Acquisition Corp. 0.34% 746,977 $7.9M No change
CFFS CF Acquisition Corp. Vii Class A 0.34% 717,283 $7.9M No change
MCAA Mountain & Co. I Acquisition 0.32% 631,539 $7.4M No change
SIMO Silicon Motion Technol-ADR 0.32% 90,300 $7.3M New
HTLF Heartland Financial USA Inc. 0.31% 161,880 $7.2M New
EQT Eqt Corp. 0.31% 193,774 $7.2M New
BALL Ball Corp. 0.30% 116,000 $7.0M Reduce -21.9%
SEDA SDCL Edge Acquisition Corp. Class A 0.30% 630,495 $7.0M Reduce -3.9%
BAX Baxter International Inc. 0.29% 201,100 $6.7M Add +759.4%
EVCO Everest Consolidator Acquisi 0.28% 568,036 $6.4M No change
LSXMA Liberty Media Corp. Class A New 0.27% 280,100 $6.2M Add +174.6%
AY Atlantica Sustainable Infras 0.27% 282,181 $6.2M New
SLAMF Slam Corp. Class A 0.26% 545,599 $6.1M No change
IVCBF Invest Acquisition Corp. 0.25% 516,655 $5.9M No change
TRIS Tristar Acquisition I Corp. Class A 0.25% 525,044 $5.9M No change
APXIF Apx Acquisition Corp. I 0.25% 489,675 $5.7M No change
CSLMF CSLM Acquisition Corp. 0.23% 471,296 $5.3M No change
PLAOF Patria Latin American Opport 0.22% 442,691 $5.1M Reduce -72.2%
SPKLF Spark I Acquisition Corp. 0.22% 485,410 $5.0M No change
RCFAF Perception Capital Corp. IV 0.22% 439,857 $5.0M No change
BUJA Bukit Jalil Global Acquisiti 0.22% 467,722 $5.0M Reduce -12.9%
PHYTF Pyrophyte Acquisition Corp. Class A 0.21% 430,944 $4.9M Reduce -38.3%
WELNF Integrated Wellness Acq - A 0.21% 423,090 $4.9M No change
ALCYF Alchemy Investments Acquisit 0.21% 450,000 $4.8M No change
TGAAF Target Global Acquisition -A 0.21% 422,226 $4.8M Reduce -8.6%
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.20% 404,092 $4.6M Reduce -10.5%
QETA Quetta Acquisition Corp. 0.20% 438,641 $4.5M No change
TMTC TMT Acquisition Corp. Class A 0.19% 399,000 $4.4M No change
NETD Nabors Energy Transition C-A 0.18% 398,031 $4.2M No change
NZF Nuveen Municipal Credit Inc. 0.18% 334,286 $4.1M Reduce -8.6%
LEGT Legato Merger Corp. III 0.17% 383,161 $3.9M No change
DYCQ DT Cloud Acquisition Corp. 0.17% 378,936 $3.9M No change
CURR Currenc Group Inc. filed as INFINT ACQUISITION CORP 0.16% 320,573 $3.7M No change
ALSAF Alpha Star Acquisition Corp. 0.16% 312,905 $3.6M No change
NFSCF Enphys Acquisition Corp. 0.16% 328,497 $3.6M Reduce -40.0%
ESHA Esh Acquisition Corp. Class A 0.16% 345,591 $3.6M No change
PLUM ACQUISITION CORP I 0.15% 320,220 $3.6M No change
EVE Eve Mobility Acquisition C-A 0.15% 318,325 $3.5M Reduce -58.6%
IBAC Ib Acquisition Corp. 0.15% 349,019 $3.5M Add +2558.2%
HSPOF Horizon Space Acquisition I 0.15% 314,400 $3.5M No change
TENX KEANE ACQUISITION 0.15% 300,000 $3.4M No change
GLLI Globalink Investment Inc. 0.14% 290,400 $3.3M No change
OAKU Oak Woods Acquisition Corp. Class A 0.14% 300,000 $3.2M No change
HAYMAKER ACQUISITION CORP 4 0.14% 300,000 $3.2M No change
BAYA Bayview Acquisition Corp. Class A 0.13% 300,028 $3.1M Add +499.7%
BMRN Biomarin Pharmaceutical Inc. 0.13% 36,700 $3.0M No change
TONT.U Graf Global Corp. 0.13% 300,000 $3.0M New
AFJK Aimei Health Technology Co. 0.13% 288,212 $3.0M No change
TLGYF TLGY Acquisition Corp. Class A 0.13% 259,214 $3.0M Reduce -50.1%
TCOA Zalatoris Acquisition Corp. 0.13% 268,303 $3.0M No change
BOWN Bowen Acquisition Corp. 0.11% 245,400 $2.6M No change
FLD Fold Holdings Inc. filed as FTAC EMERALD ACQUISITION COR 0.11% 235,000 $2.5M No change
NVG Nuveen Amt-FR Muni CRDT 0.11% 200,673 $2.5M Reduce -8.6%
LATG Chenghe Acquisition I Co. 0.11% 219,633 $2.5M No change
DENALI CAPITAL ACQUISITN COR 0.11% 224,555 $2.5M No change
UCFI CN Healthy Food Tech Group C filed as IRON HORSE ACQUISITIONS CORP 0.11% 243,606 $2.5M New
FRLA Fortune Rise Acquisition Cor 0.11% 216,510 $2.4M Reduce -27.1%
VMO Invesco Municipal Opport 0.10% 226,076 $2.3M No change
DIST Distoken Acquisition Corp. 0.09% 202,355 $2.2M Reduce -12.8%
BITE Bite Acquisition Corp. 0.09% 200,000 $2.1M No change
BYNO Bynordic Acquisition Corp. 0.09% 184,000 $2.1M No change
CLBR.U Colombier Acquis Corp. II 0.09% 194,412 $2.0M No change
CDAQF Compass Digital Acquisition 0.09% 181,600 $2.0M No change
CRTAF Cartica Acquisition Corp. Class A 0.08% 171,932 $2.0M Reduce -49.7%
BWAQ Blue World Acquisition Corp. 0.08% 171,750 $1.9M No change
IXAQF Ix Acquisition Corp. Class A 0.08% 166,999 $1.9M No change
CLRCF Climaterock Class A 0.07% 150,000 $1.7M No change
ZLSSF Zalatoris II Acquisition Cor 0.07% 154,608 $1.7M New
OCAX Oca Acquisition Corp. Class A 0.07% 150,000 $1.7M No change
GLACF Global Lights Acquisition Co. 0.07% 153,860 $1.6M No change
GLLUF Global Lights Acquisition Co. 0.07% 150,000 $1.6M No change
AIMTF Aimfinity Investment-Subunit 0.07% 138,000 $1.6M No change
FNVTF Finnovate Acquisition Corp. Class A 0.07% 134,896 $1.5M Reduce -70.0%
BGB Blackstone Strategic Credit 0.07% 126,522 $1.5M No change
BSL Blackstone SNR Fltng RT 0.06% 103,188 $1.4M No change
PFTA Portage Fintech Acquisitio-A filed as PERCEPTION CAPITAL CORP III 0.05% 116,187 $1.3M No change
FT Franklin Universal Trust 0.05% 184,920 $1.3M No change
NUV Nuveen Municipal Value 0.05% 135,598 $1.2M Reduce -37.0%
BURTECH ACQUISITION CORP 0.05% 100,000 $1.1M No change
NBST Newbury Street Acquisition C 0.05% 100,884 $1.1M Reduce -81.5%
GLST Global Star Acquisition Class A 0.05% 100,000 $1.1M Reduce -50.0%
FEXD Fintech Ecosystem Developm-A 0.05% 98,097 $1.1M Reduce -50.0%
NRK Nuveen NY Amt-FR Muni Inc. 0.05% 99,125 $1.1M Reduce -14.4%
SBXC Silverbox Corp. III-A 0.05% 100,000 $1.1M No change
IIM Invesco Value Municipal Inco 0.05% 84,966 $1.0M No change
ALFUU Centurion Acquisition Corp. 0.04% 100,000 $999K New
INBX Inhibrx Biosciences Inc. 0.04% 64,339 $912K No change
MSSAF Metal SKY Star Acquisition C 0.03% 71,084 $804K No change
MYI BlackRock Muniyield QLTY III 0.03% 69,573 $778K No change
HCVI Hennessy Capital Invest Class A 0.03% 67,394 $711K No change
XJPIX Nuveen Preferred Securities 0.03% 35,640 $693K No change
XJQCX Nuveen Credit Strategies Inc. 0.03% 114,973 $638K No change
MACA Moringa Acquisition Corp. Class A 0.03% 55,614 $637K No change
BKHAU Black Hawk Acquisition Corp. 0.02% 50,000 $516K No change
ARDC Ares Dynamic Credit All 0.02% 28,713 $428K Reduce -11.2%
NE Noble Corp. PLC 0.02% 8,553 $382K New
FCT First Trust SNR FL RT Inc. II 0.01% 33,391 $337K Reduce -22.8%
BRW Saba Capital Income & Opport 0.01% 44,689 $315K No change
XFRAX BlackRock Fltng RT Inc. Strat 0.01% 16,136 $209K No change
DO Diamond Offshore Drilling Inc. 0.01% 13,072 $202K New
AFT Apollo Senior Floating Rate 0.01% 8,068 $117K Reduce -27.5%

Options reported separately and not counted above: SPY puts ($244.9M), VALE puts ($11.3M), CARR puts ($10.6M), CERE puts ($10.2M), ETSY puts ($8.9M), BAX puts ($8.7M), BALL puts ($8.3M), CCI puts ($8.0M), SIMO puts ($7.3M), DD puts ($6.5M), BMRN puts ($3.0M).

Other holdings (69): bonds, preferreds, convertibles and warrants · $33.4M (not counted above)
SecurityClassShares / PrincipalValueChange
TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) NOTE 12/1 · principal 20,961,000$20.2MNo change
PERFICIENT INC (PRFT 0.125 11/15/26) NOTE 0.125%11/1 · principal 9,645,000$9.3MNew
AGMIT MERGER SUB LLC (MITT 6.75 09/15/24) NOTE 6.750% 9/1 · principal 2,148,000$2.1MNew
AILWQ Arrowroot Acquisition -CW26 *W EXP 04/16/202 570,593$385KNew
AISPW Airship AI Holdings Inc.-CW28 *W EXP 12/21/202 375,000$131KNo change
DYCQR DT Cloud Acquisition Cor-RTS RIGHT 02/14/2029 378,936$121KNew
TMTCR TMT Acquisition Corp.-RT RIGHT 03/27/2028 299,000$93KNew
GCMGW GCM Grosvenor Inc. A -CW25 *W EXP 11/17/202 176,458$86KNo change
GODNR Golden Star Acquisitio-Right RIGHT 03/30/2025 250,000$70KNew
AMPX.WS Amprius Technologies Inc. *W EXP 09/14/202 393,327$67KNo change
IROHR Iron Horse Acquisitions Righ RIGHT 99/99/9999 243,606$56KNew
AFJKR Aimei Health Technology Co. L RIGHT 11/17/2028 288,212$55KNew
KDKRW Ares Acquisition Corp. II-28 *W EXP 99/99/999 399,998$49KNo change
SVIRF Spring Valley Acquisit-Right RIGHT 02/25/2026 334,999$49KNew
BAYAR Bayview Acquisition Corp. RIGHT 11/17/2028 250,000$48KNew
ESHAR Esh Acquisition Corp. - Right RIGHT 06/13/2028 400,000$44KNew
SPKWF Spark I Acquisition Corp.-28 *W EXP 10/01/203 242,704$41KNo change
QETAR Quetta Acquisition Corp.-RTS RIGHT 99/99/9999 35,862$38KNew
KVAWF Keen Vision Acquisition C-28 *W EXP 03/15/202 649,000$32KNo change
ALCWF Alchemy Investments Acqui-28 *W EXP 11/30/202 224,998$32KNo change
SLMWF Slam Corp.-A -CW27 *W EXP 99/99/999 121,866$30KNo change
IBACR Ib Acquisition Corp.-RTS RIGHT 09/28/2026 349,019$26KAdd +2558.2%
HYAC.WS Haymaker Acquisition Corp.-28 *W EXP 05/31/202 149,998$26KNo change
LEGT.WS Legato Merger Corp. III-29 *W EXP 05/08/203 191,580$25KNo change
ISLWF Israel Acquisitions Corp.-28 *W EXP 99/99/999 465,000$23KNo change
BUJAR Bukit Jalil Global Acquisiti RIGHT 12/30/2024 150,000$23KNew
NETDW Nabors Energy Transiti-CW *W EXP 09/01/202 224,999$23KNo change
ML.WS Moneylion Inc. -CW27 *W EXP 09/22/202 192,324$19KNo change
USARW Inflection Point Acquis-C-28 *W EXP 08/31/202 182,804$17KNo change
ALURW Allurion Technologies-28 *W EXP 08/01/203 85,801$14KNo change
BZFDW Buzzfeed Inc. -CW27 *W EXP 12/03/202 145,837$14KNo change
SVIWF Spring Valley Acquisition-Aw *W EXP 02/25/202 167,497$13KNo change
TGAWF Target Global Acq I -CW27 *W EXP 12/08/202 149,984$13KNo change
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 100,000$13KNo change
FLDDW Fold Holdings Inc. -23 *W EXP 02/14/203 232,918$9KNo change
UCFIW Iron Horse Acquisition Co.-29 *W EXP 09/30/203 243,606$9KNo change
REEWF Cartesian Growth Corp. II -28 *W EXP 07/12/202 83,331$8KNo change
QSIAW Quantum-Si Inc. -CW27 *W EXP 06/10/202 65,618$8KNo change
LDTDF Prospector Leddartech Alm-28 *W EXP 12/21/202 281,449$8KNo change
EVE.WS Eve Mobility Acquisit A -23 *W EXP 12/31/202 100,000$8KNo change
CRTWF Cartica Acquisition A -28 *W EXP 04/30/202 37,500$7KNo change
CRGOW Freightos Ltd.-CW28 *W EXP 99/99/999 64,998$6KNo change
KCGI.WS Kensington Capital Acq -CW23 *W EXP 99/99/999 224,994$6KNo change
PLMWF Plum Acquisition Corp. III-CW *W EXP 03/31/202 83,333$5KNo change
PHYWF PHYT WS -CW *W EXP 05/03/202 99,999$5KNo change
SBXC.WS Silverbox Corp. III-28 *W EXP 02/28/202 33,332$5KNo change
WHOLE EARTH BRANDS INC *W EXP 06/25/202 80,853$5KNo change
JWSWF Jaws Mustang Acq C -CW26 *W EXP 01/30/202 50,000$5KNo change
AEAEW Altenergy Acquisition -CW23 *W EXP 10/29/202 74,998$4KNo change
NBSTW Newbury Street Acq -CW27 *W EXP 04/30/202 74,999$4KNo change
ECXWW Ecarx Holdings Inc. Class A-27 *W EXP 99/99/999 124,999$4KNo change
ZEOWW Esgen Acquisition A -CW23 *W EXP 03/13/202 87,498$4KNo change
ZAPWF Zapp Electric Vehicles -28 *W EXP 99/99/999 199,999$4KNo change
SOARW Volato Group Inc. - CW23 *W EXP 12/04/202 200,000$3KNo change
XBPEW CF Acquisition Viii A -CW27 *W EXP 11/30/202 62,499$3KNo change
VEEAW Plum Acquisition I A -CW28 *W EXP 03/18/202 26,913$2KNo change
CETUW Cetus Capital Acquisition-28 *W EXP 01/31/202 82,560$2KNo change
HOVRW Pono Capital Three Inc.-A-28 *W EXP 02/14/202 133,721$2KNo change
OAKUW Oak Woods Acquisition -28 *W EXP 99/99/999 100,000$2KNo change
EGUVF Evergreen Corporation -CW27 *W EXP 02/08/202 50,000$2KNo change
BUJAW Bukit Jalil Global Acquis-28 *W EXP 12/30/202 74,998$2KNo change
TVGNW Semper Paratus Acqu -CW26 *W EXP 02/14/202 99,994$2KNo change
GBBKW Global Blockchain Acq-CW27 *W EXP 05/09/202 100,000$2KNo change
AOGOW Arogo Capital Acq -CW23 *W EXP 03/23/202 50,000$2KNo change
CEROW Phoenix Biotech Acq -CW26 *W EXP 02/13/202 74,998$2KNo change
MARXR Mars Acquisition Corp.-Rights RIGHT 99/99/9999 6,213$1KNew
PBMWW Psyence Biomedical Ltd. *W EXP 01/22/202 92,073$976No change
PPYAW Papaya Growth Opportuni-CW23 *W EXP 12/31/202 20,045$702No change
IMAQW International Media Ac -CW28 *W EXP 99/99/999 50,000$499No change

Total filed on the 13F, all lines: $2.3B.

Portfolio Sells Q1 2024 → Q2 2024
PXD Pioneer Natural Resources Co. Sold out 0.00% −14.27
SCRM Screaming Eagle Acq Class A Sold out 0.00% −1.81
AEL American National Group Inc. Sold out 0.00% −1.70
CPRI Capri Holdings Ltd. Reduce -24.3% 1.77% −1.48
SP SP Plus Corp. Sold out 0.00% −1.18
JNPR Juniper Networks Inc. Reduce -30.2% 2.20% −1.05
DFS Discover Financial Services Sold out 0.00% −0.72
TECK Teck Resources Ltd.-CLS B Sold out 0.00% −0.59
CMBT CMB Tech NV Sold out 0.00% −0.58
CNDA Concord Acquisition Corp. Class A Sold out 0.00% −0.57
PLAOF Patria Latin American Opport Reduce -72.2% 0.22% −0.57
ERF Enerplus Corp. Sold out 0.00% −0.50
M D C HLDGS INC Sold out 0.00% −0.34
VMCAF Valuence Merger Corp. I Class A Sold out 0.00% −0.31
APCA Ap Acquisition Corp. Class A Sold out 0.00% −0.30
PEGR Project Energy Reimagined Ac Sold out 0.00% −0.30
KVUE Kenvue Inc. Sold out 0.00% −0.26
NGMS Neogames SA Sold out 0.00% −0.26
MONTEREY CAP ACQUISITION COR Sold out 0.00% −0.25
BOCN Blue Ocean Acquisition Cor-A Sold out 0.00% −0.22
EVE Eve Mobility Acquisition C-A Reduce -58.6% 0.15% −0.22
NBST Newbury Street Acquisition C Reduce -81.5% 0.05% −0.21
GAQ Generation Asia I Acquisit-A Sold out 0.00% −0.21
EGRVF Evergreen Corporation Class A Sold out 0.00% −0.18
PSX Phillips 66 Sold out 0.00% −0.17
GODN Golden Star Acquisition Corp. Sold out 0.00% −0.17
VHAQ Viveon Health Acquisition Co. Sold out 0.00% −0.17
FNVTF Finnovate Acquisition Corp. Class A Reduce -70.0% 0.07% −0.16
TCN Tricon Residential Inc. Sold out 0.00% −0.16
CARR Carrier Global Corp. Reduce -30.1% 0.46% −0.15
EXE Expand Energy Corp. Sold out 0.00% −0.15
ROTH CH ACQUISITION CO Sold out 0.00% −0.15
BALL Ball Corp. Reduce -21.9% 0.30% −0.14
DSAQ Direct Selling Acquisition-A Sold out 0.00% −0.13
TLGYF TLGY Acquisition Corp. Class A Reduce -50.1% 0.13% −0.13
PHYTF Pyrophyte Acquisition Corp. Class A Reduce -38.3% 0.21% −0.13
BFACF Battery Future Acquisition-A Sold out 0.00% −0.12
PLTN Plutonian Acquisition Corp. Sold out 0.00% −0.12
BAYAU Bayview Acquisition Corp. Sold out 0.00% −0.11
NFSCF Enphys Acquisition Corp. Reduce -40.0% 0.16% −0.10
ANDRETTI ACQUISITION CORP Sold out 0.00% −0.10
NRAC Northern Revival Acquisition Sold out 0.00% −0.10
IRRX Integrated Rail and Class A Sold out 0.00% −0.09
CRTAF Cartica Acquisition Corp. Class A Reduce -49.7% 0.08% −0.08
AITR AI Transportation Acquisitio Sold out 0.00% −0.08
HUDA Hudson Acquisition I Corp. Sold out 0.00% −0.07
PGSS Pegasus Digital Mobility A-A Sold out 0.00% −0.07
AIBAF Aib Acquisition Corp. Class A Sold out 0.00% −0.05
TRTLF Tortoiseecofin Acquisition-A Reduce -6.4% 0.71% −0.05
AIEV Thunder Power Holdings Inc. Sold out 0.00% −0.05

Portfolio Buys Q1 2024 → Q2 2024
EDR Endeavor Group Hold Class A Add +1700.7% 6.97% +6.60
SRCL Stericycle Inc. New 3.36% +3.36
HCP Hashicorp Inc. Class A New 2.92% +2.92
CHX Championx Corp. New 2.43% +2.43
SWN Southwestern Energy Co. Add +231.1% 3.39% +2.22
ETRN Equitrans Midstream Corp. Add +80.9% 3.34% +1.54
WIRE Encore Wire Corp. New 1.24% +1.24
HAYN Haynes International Inc. Add +305.4% 1.57% +1.17
ANSS Ansys Inc. Add +481.6% 1.42% +1.15
MRO Marathon Oil Corp. New 1.14% +1.14
NVEI Nuvei Corp.-Subordinate VTG New 1.05% +1.05
USAR USA Rare Earth Inc. Add +211.7% 1.06% +0.72
HES Hess Corp. Add +11.9% 9.81% +0.62
IBTX Independent Bank Group Inc. New 0.52% +0.52
SILK Silk Road Medical Inc. New 0.51% +0.51
AXONICS INC Add +18.2% 3.95% +0.48
DD Dupont DE Nemours Inc. New 0.43% +0.43
SBOW Silverbow Resources Inc. New 0.36% +0.36
CTLT Catalent Inc. Add +15.1% 2.76% +0.32
SIMO Silicon Motion Technol-ADR New 0.32% +0.32
HTLF Heartland Financial USA Inc. New 0.31% +0.31
EQT Eqt Corp. New 0.31% +0.31
VZIO Vizio Holding Corp. Class A Add +95.1% 0.64% +0.30
AY Atlantica Sustainable Infras New 0.27% +0.27
ETSY Etsy Inc. Add +237.2% 0.39% +0.25
BAX Baxter International Inc. Add +759.4% 0.29% +0.25
CVII Churchill Capital Corp. Vii-A Add +9.8% 2.66% +0.22
VALE Vale SA-SP ADR Add +141.2% 0.41% +0.22
OLK Olink Holding AB - ADR Add +0.3% 2.44% +0.16
IBAC Ib Acquisition Corp. Add +2558.2% 0.15% +0.15
LSXMA Liberty Media Corp. Class A New Add +174.6% 0.27% +0.14
TONT.U Graf Global Corp. New 0.13% +0.13
BAYA Bayview Acquisition Corp. Class A Add +499.7% 0.13% +0.11
UCFI CN Healthy Food Tech Group C New 0.11% +0.11
NWLI National Western Life Grou-A Add +12.4% 0.96% +0.10
CCI Crown Castle Inc. Add +52.0% 0.35% +0.10
MGRC McGrath Rentcorp Add +21.2% 3.06% +0.10
AMED Amedisys Inc. Add +4.1% 4.07% +0.09
ZLSSF Zalatoris II Acquisition Cor New 0.07% +0.07
ALFUU Centurion Acquisition Corp. New 0.04% +0.04
CERE Cerevel Therapeutics Holding Add +6.1% 1.41% +0.02
NE Noble Corp. PLC New 0.02% +0.02
DO Diamond Offshore Drilling Inc. New 0.01% +0.01
X United States Steel Corp. Add +0.2% 4.69% −0.43

Options Activity Q1 2024 → Q2 2024
TECK Teck Resources Ltd.-CLS B put Sold out 259,500 $11.9Mbefore exit
VALE Vale SA-SP ADR put Add +13.9% 1,012,100 $11.3M
CARR Carrier Global Corp. put Reduce -30.1% 167,500 $10.6M
XRT SS SPDR S&P Retail ETF put Sold out 120,500 $9.5Mbefore exit
ETSY Etsy Inc. put Add +237.2% 150,400 $8.9M
BAX Baxter International Inc. put Reduce -13.4% 259,300 $8.7M
BALL Ball Corp. put Reduce -27.2% 139,000 $8.3M
CCI Crown Castle Inc. put Reduce -44.5% 82,100 $8.0M
FIS Fidelity National Info Serv put Sold out 101,100 $7.5Mbefore exit
SIMO Silicon Motion Technol-ADR put New 90,300 $7.3M
DD Dupont DE Nemours Inc. put New 81,300 $6.5M
KVUE Kenvue Inc. put Sold out 272,500 $5.8Mbefore exit
PSX Phillips 66 put Sold out 24,300 $4.0Mbefore exit
CTLT Catalent Inc. put Sold out 50,000 $2.8Mbefore exit
EDR Endeavor Group Hold Class A put Sold out 95,700 $2.5Mbefore exit

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
SPLUNK INC (SPLK 1.125 06/15/27) NOTE 1.125% 6/1 · principal Sold out 67,883,000 $68.0Mbefore exit
PERFICIENT INC (PRFT 0.125 11/15/26) NOTE 0.125%11/1 · principal New 9,645,000 $9.3M
AGMIT MERGER SUB LLC (MITT 6.75 09/15/24) NOTE 6.750% 9/1 · principal New 2,148,000 $2.1M
AILWQ Arrowroot Acquisition -CW26 *W EXP 04/16/202 New 570,593 $385K
SCRMW Screaming Eagle Acq Class A -27 *W EXP 99/99/999 Sold out 299,597 $142Kbefore exit
ANSCW Agriculture & Natural Solu-W *W EXP 10/01/202 Sold out 749,999 $129Kbefore exit
DYCQR DT Cloud Acquisition Cor-RTS RIGHT 02/14/2029 New 378,936 $121K
TMTCR TMT Acquisition Corp.-RT RIGHT 03/27/2028 New 299,000 $93K
GODNR Golden Star Acquisitio-Right RIGHT 03/30/2025 New 250,000 $70K
IROHR Iron Horse Acquisitions Righ RIGHT 99/99/9999 New 243,606 $56K
AFJKR Aimei Health Technology Co. L RIGHT 11/17/2028 New 288,212 $55K
SVIRF Spring Valley Acquisit-Right RIGHT 02/25/2026 New 334,999 $49K
BAYAR Bayview Acquisition Corp. RIGHT 11/17/2028 New 250,000 $48K
ESHAR Esh Acquisition Corp. - Right RIGHT 06/13/2028 New 400,000 $44K
QETAR Quetta Acquisition Corp.-RTS RIGHT 99/99/9999 New 35,862 $38K
IBACR Ib Acquisition Corp.-RTS RIGHT 09/28/2026 Add +2558.2% 349,019 $26K
BUJAR Bukit Jalil Global Acquisiti RIGHT 12/30/2024 New 150,000 $23K
COOLW Corner Growth Acq Class A -CW27 *W EXP 99/99/999 Sold out 92,455 $14Kbefore exit
PUCKW Goal Acquisitions Corp.-CW *W EXP 99/99/999 Sold out 1,090,799 $10Kbefore exit
RMGWF RMG Acquisition Class A -CW27 *W EXP 99/99/999 Sold out 123,000 $7Kbefore exit
AVHIW Achari Ventures Holdin -CW23 *W EXP 99/99/999 Sold out 88,501 $2Kbefore exit
MARXR Mars Acquisition Corp.-Rights RIGHT 99/99/9999 New 6,213 $1K
MVLAW Pathfinder Acq Class A -CW27 *W EXP 02/10/202 Sold out 93,251 $588before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 228$2.0BEA, NSC, WBD, GTLS, WBS
Q1 2026 233$2.1BEA, NSC, WBD, WBS, GTLS
Q4 2025 221$2.1BCYBR, EA, NSC, WBD, GTLS
Q3 2025 191$1.9BCOOP, K, CYBR, GTLS, TECK
Q2 2025 153$1.7BHES, K, CHX, FYBR, COOP
Q1 2025 121$1.7BHES, K, CHX, DFS, BERY
Q4 2024 112$1.7BHES, EDR, K, HCP, CHX
Q3 2024 120$2.1BHES, EDR, SWN, HCP, AMED
Q2 2024 144$2.3BHES, EDR, WRK, X, AMED
Q1 2024 170$2.3BPXD, HES, WRK, X, AMED