Westchester Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Westchester Capital Management, LLC reported 120 stock positions worth $2.1 billion. Its top holding was Hess (HES) at 11.1% of the portfolio, followed by Endeavor Group Hold Class A (EDR, 7.9%) and Southwestern Energy (SWN, 5.4%). Compared with Q2 2024, it opened 29 new positions, sold out of 53, added to 21 and reduced 34. The biggest buy was a new position in Kellanova (K) and the biggest sale an exit from Westrock (WRK).
- Most Recent 13F
- Q2 2026
- Location
- VALHALLA, NY
- CIK
- 0001512805
- Portfolio Value
- $2.1B (Q3 2024)
- SEC Filing
- 0001512805-24-000028 ↗ filed Nov 14, 2024
Holdings Value
Holdings 120 stocks · $2.1B
| HES Hess Corp. | 11.11% | 1,731,692 | $235.2M | Add +13.1% |
| EDR Endeavor Group Hold Class A | 7.92% | 5,875,848 | $167.8M | Reduce -1.1% |
| SWN Southwestern Energy Co. | 5.44% | 16,195,752 | $115.2M | Add +39.6% |
| HCP Hashicorp Inc. Class A | 5.12% | 3,200,322 | $108.4M | Add +60.5% |
| AMED Amedisys Inc. | 5.10% | 1,118,802 | $108.0M | Add +9.5% |
| K Kellanova | 5.09% | 1,335,581 | $107.8M | New |
| AXONICS INC | 4.77% | 1,450,381 | $100.9M | Add +7.3% |
| SRCL Stericycle Inc. | 4.51% | 1,564,603 | $95.4M | Add +17.4% |
| CTLT Catalent Inc. | 4.14% | 1,445,702 | $87.6M | Add +27.9% |
| CHX Championx Corp. | 4.03% | 2,828,139 | $85.3M | Add +67.8% |
| X United States Steel Corp. | 4.00% | 2,394,710 | $84.6M | Reduce -16.3% |
| JNPR Juniper Networks Inc. | 2.20% | 1,197,762 | $46.7M | Reduce -13.9% |
| ENV Envestnet Inc. | 2.16% | 730,537 | $45.7M | New |
| HAYN Haynes International Inc. | 1.99% | 706,874 | $42.1M | Add +14.7% |
| VSTO Vista Outdoor Inc. | 1.65% | 889,288 | $34.8M | New |
| ARES ACQUISITION CORP II | 1.58% | 3,098,687 | $33.6M | Add +99.0% |
| HTLF Heartland Financial USA Inc. | 1.56% | 582,880 | $33.0M | Add +260.1% |
| USAR USA Rare Earth Inc. filed as INFLECTION PT ACQUISITN CRP | 1.25% | 2,467,793 | $26.5M | Add +7.6% |
| ACI Albertsons Cos Inc. Class A | 1.21% | 1,383,603 | $25.6M | Reduce -4.3% |
| AY Atlantica Sustainable Infras | 1.19% | 1,143,722 | $25.1M | Add +305.3% |
| NVEI Nuvei Corp.-Subordinate VTG | 1.18% | 749,438 | $25.0M | No change |
| SMAR Smartsheet Inc. Class A | 1.17% | 447,469 | $24.8M | New |
| RENEF Cartesian Growth Corp. II- A | 0.87% | 1,611,362 | $18.5M | Add +28.8% |
| ANSC Agriculture & Natural Soluti | 0.84% | 1,714,804 | $17.7M | Add +14.3% |
| IBTX Independent Bank Group Inc. | 0.83% | 304,444 | $17.6M | Add +15.5% |
| ANSS Ansys Inc. | 0.80% | 53,362 | $17.0M | Reduce -47.6% |
| EVRI Everi Holdings Inc. | 0.79% | 1,268,028 | $16.7M | New |
| DFS Discover Financial Services | 0.75% | 112,511 | $15.8M | New |
| CPRI Capri Holdings Ltd. | 0.74% | 367,957 | $15.6M | Reduce -70.2% |
| NETD Nabors Energy Transition C-A | 0.72% | 1,434,365 | $15.3M | Add +260.4% |
| MRO Marathon Oil Corp. | 0.64% | 512,848 | $13.7M | Reduce -44.0% |
| MGRC McGrath Rentcorp | 0.64% | 129,385 | $13.6M | Reduce -80.4% |
| BRSL Brightstar Lottery PLC filed as INTERNATIONAL GAME TECHNOLOG | 0.63% | 623,099 | $13.3M | New |
| HAYMAKER ACQUISITION CORP 4 | 0.56% | 1,119,005 | $11.9M | Add +273.0% |
| SVIIF Spring Valley Acquisition-A | 0.52% | 977,649 | $11.0M | No change |
| LCW Learn CW Investment Corp. Class A | 0.43% | 829,626 | $9.1M | Reduce -7.9% |
| VZIO Vizio Holding Corp. Class A | 0.41% | 776,248 | $8.7M | Reduce -43.3% |
| FBMS First Bancshares Inc. | 0.39% | 256,751 | $8.2M | New |
| RRACF Rigel Resource Acquisit Class A | 0.39% | 712,000 | $8.2M | Reduce -64.9% |
| CFFS CF Acquisition Corp. Vii Class A | 0.38% | 717,283 | $8.0M | No change |
| BALL Ball Corp. | 0.37% | 114,000 | $7.7M | Reduce -1.7% |
| MCAA Mountain & Co. I Acquisition | 0.35% | 631,539 | $7.4M | No change |
| KVACF Keen Vision Acquisition Corp. | 0.35% | 679,415 | $7.3M | Reduce -9.0% |
| PHYTF Pyrophyte Acquisition Corp. Class A | 0.30% | 555,944 | $6.4M | Add +29.0% |
| IVCBF Invest Acquisition Corp. | 0.29% | 516,655 | $6.1M | No change |
| VALE Vale SA-SP ADR | 0.28% | 507,217 | $5.9M | Reduce -39.5% |
| APXIF Apx Acquisition Corp. I | 0.27% | 489,675 | $5.8M | No change |
| GPAT GP-Act III Acquisition-A | 0.26% | 550,000 | $5.5M | New |
| PLAOF Patria Latin American Opport | 0.24% | 442,691 | $5.1M | No change |
| BAX Baxter International Inc. | 0.24% | 131,800 | $5.0M | Reduce -34.5% |
| WELNF Integrated Wellness Acq - A | 0.24% | 423,090 | $5.0M | No change |
| DD Dupont DE Nemours Inc. | 0.23% | 54,600 | $4.9M | Reduce -55.3% |
| QETA Quetta Acquisition Corp. | 0.22% | 438,641 | $4.6M | No change |
| ALCYF Alchemy Investments Acquisit | 0.21% | 414,130 | $4.5M | Reduce -8.0% |
| POLEU Andretti Acquisition Corp. II | 0.21% | 450,000 | $4.5M | New |
| SPKLF Spark I Acquisition Corp. | 0.21% | 427,716 | $4.5M | Reduce -11.9% |
| TMTC TMT Acquisition Corp. Class A | 0.21% | 399,000 | $4.5M | No change |
| HSPOF Horizon Space Acquisition I | 0.21% | 389,400 | $4.4M | Add +23.9% |
| RCFAF Perception Capital Corp. IV | 0.21% | 391,453 | $4.3M | Reduce -11.0% |
| VACHU Voyager Acquisition Corp. | 0.20% | 426,894 | $4.3M | New |
| SBXUF Silverbox Corp. IV | 0.20% | 418,365 | $4.2M | New |
| DYCQ DT Cloud Acquisition Corp. | 0.18% | 378,936 | $3.9M | No change |
| LEGT Legato Merger Corp. III | 0.18% | 383,161 | $3.9M | No change |
| SIMAU Sim Acquisition Corp. I | 0.18% | 375,000 | $3.8M | New |
| ESHA Esh Acquisition Corp. Class A | 0.17% | 345,591 | $3.7M | No change |
| IBAC Ib Acquisition Corp. | 0.16% | 349,019 | $3.5M | No change |
| OAKU Oak Woods Acquisition Corp. Class A | 0.16% | 300,000 | $3.3M | No change |
| GLLI Globalink Investment Inc. | 0.16% | 290,400 | $3.3M | No change |
| SBXC Silverbox Corp. III-A | 0.15% | 295,672 | $3.2M | Add +195.7% |
| BAYA Bayview Acquisition Corp. Class A | 0.15% | 300,028 | $3.1M | No change |
| AFJK Aimei Health Technology Co. | 0.14% | 288,212 | $3.0M | No change |
| TLGYF TLGY Acquisition Corp. Class A | 0.14% | 259,214 | $3.0M | No change |
| EGRVF Evergreen Corporation Class A | 0.14% | 250,000 | $2.9M | New |
| BERY Berry Global Group Inc. | 0.13% | 40,200 | $2.7M | New |
| RCM R1 RCM Inc. | 0.13% | 191,500 | $2.7M | New |
| BOWN Bowen Acquisition Corp. | 0.12% | 245,400 | $2.6M | No change |
| FLD Fold Holdings Inc. filed as FTAC EMERALD ACQUISITION COR | 0.12% | 235,000 | $2.5M | No change |
| LATG Chenghe Acquisition I Co. | 0.12% | 219,633 | $2.5M | No change |
| AAM Aa Mission Acquisition Cor-A | 0.12% | 250,000 | $2.5M | New |
| UCFI CN Healthy Food Tech Group C filed as IRON HORSE ACQUISITIONS CORP | 0.12% | 243,606 | $2.5M | No change |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | 0.12% | 207,092 | $2.5M | Reduce -48.8% |
| FTW.U Eqv Ventures Acquisition Cor | 0.11% | 235,300 | $2.3M | New |
| DIST Distoken Acquisition Corp. | 0.10% | 202,355 | $2.2M | No change |
| TONT.U Graf Global Corp. | 0.10% | 213,957 | $2.1M | Reduce -28.7% |
| SIMA Sim Acquisition Corp. I-A | 0.09% | 200,000 | $2.0M | New |
| CRTAF Cartica Acquisition Corp. Class A | 0.09% | 171,932 | $2.0M | No change |
| AITR AI Transportation Acquisitio | 0.09% | 177,500 | $1.9M | New |
| CLBR.U Colombier Acquis Corp. II | 0.08% | 169,518 | $1.7M | Reduce -12.8% |
| CLRCF Climaterock Class A | 0.08% | 150,000 | $1.7M | No change |
| GLACF Global Lights Acquisition Co. | 0.08% | 153,860 | $1.6M | No change |
| AIMTF Aimfinity Investment-Subunit | 0.08% | 138,000 | $1.6M | No change |
| GLLUF Global Lights Acquisition Co. | 0.07% | 150,000 | $1.6M | No change |
| SIMO Silicon Motion Technol-ADR | 0.07% | 25,300 | $1.5M | Reduce -72.0% |
| FYBR Frontier Communications Pare | 0.07% | 42,576 | $1.5M | New |
| CAPNU Cayson Acquisition Corp. | 0.07% | 150,000 | $1.5M | New |
| NZF Nuveen Municipal Credit Inc. | 0.06% | 101,714 | $1.3M | Reduce -69.6% |
| DTSQ DT Cloud Star Acquisition Co. | 0.06% | 125,000 | $1.2M | New |
| INST Instructure Holdings Inc. | 0.06% | 52,400 | $1.2M | New |
| BUJA Bukit Jalil Global Acquisiti | 0.06% | 113,000 | $1.2M | Reduce -75.8% |
| FT Franklin Universal Trust | 0.06% | 159,920 | $1.2M | Reduce -13.5% |
| BURTECH ACQUISITION CORP | 0.05% | 100,000 | $1.1M | No change |
| ISRLF Israel Acquisitions Corp. Class A | 0.05% | 100,000 | $1.1M | New |
| GODN Golden Star Acquisition Corp. | 0.05% | 100,000 | $1.1M | New |
| ALFUU Centurion Acquisition Corp. | 0.05% | 100,000 | $1.0M | No change |
| VMO Invesco Municipal Opport | 0.05% | 96,458 | $991K | Reduce -57.3% |
| FRLA Fortune Rise Acquisition Cor | 0.05% | 86,422 | $983K | Reduce -60.1% |
| GLST Global Star Acquisition Class A | 0.04% | 80,600 | $914K | Reduce -19.4% |
| MYI BlackRock Muniyield QLTY III | 0.04% | 69,573 | $835K | No change |
| MSSAF Metal SKY Star Acquisition C | 0.04% | 71,084 | $808K | No change |
| IIM Invesco Value Municipal Inco | 0.04% | 59,966 | $772K | Reduce -29.4% |
| NUV Nuveen Municipal Value | 0.04% | 85,598 | $772K | Reduce -36.9% |
| HCVI Hennessy Capital Invest Class A | 0.03% | 67,394 | $718K | No change |
| FOX Fox Corp. Class B | 0.03% | 18,342 | $712K | New |
| BSL Blackstone SNR Fltng RT | 0.03% | 42,884 | $606K | Reduce -58.4% |
| BKHAU Black Hawk Acquisition Corp. | 0.02% | 50,000 | $521K | No change |
| BRW Saba Capital Income & Opport | 0.02% | 44,689 | $339K | No change |
| NRK Nuveen NY Amt-FR Muni Inc. | 0.01% | 26,125 | $293K | Reduce -73.6% |
| BGB Blackstone Strategic Credit | 0.01% | 15,960 | $197K | Reduce -87.4% |
| ARCH Arch Resources Inc. | 0.01% | 1,133 | $157K | New |
| MFIC Midcap Financial Investment | 0.00% | 7,702 | $103K | New |
Options reported separately and not counted above: SPY puts ($134.8M), BRSL puts ($14.3M), BAX puts ($9.8M), BALL puts ($9.8M), VALE puts ($6.9M), DD puts ($4.9M), BERY puts ($2.7M), SIMO puts ($1.5M).
Other holdings (63): bonds, preferreds, convertibles and warrants · $41.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | 20,961,000 | $20.5M | No change |
| PERFICIENT INC (PRFT 0.125 11/15/26) | NOTE 0.125%11/1 · principal | 11,645,000 | $11.4M | Add +20.7% |
| PETIQ INC (PETQ 4 06/01/26) | NOTE 4.000% 6/0 · principal | 7,000,000 | $8.1M | New |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 749,999 | $180K | New |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | 176,458 | $173K | No change |
| AILWQ Arrowroot Acquisition -CW26 | *W EXP 04/16/202 | 570,593 | $151K | No change |
| GODNR Golden Star Acquisitio-Right | RIGHT 03/30/2025 | 250,000 | $88K | No change |
| DYCQR DT Cloud Acquisition Cor-RTS | RIGHT 02/14/2029 | 378,936 | $83K | No change |
| TMTCR TMT Acquisition Corp.-RT | RIGHT 03/27/2028 | 299,000 | $82K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 375,000 | $76K | No change |
| AFJKR Aimei Health Technology Co. L | RIGHT 11/17/2028 | 288,212 | $66K | No change |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 99/99/999 | 399,998 | $64K | No change |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | 393,327 | $55K | No change |
| QETAR Quetta Acquisition Corp.-RTS | RIGHT 99/99/9999 | 35,862 | $47K | No change |
| FLDDW Fold Holdings Inc. -23 | *W EXP 02/14/203 | 232,918 | $47K | No change |
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 | 243,606 | $39K | No change |
| BAYAR Bayview Acquisition Corp. | RIGHT 11/17/2028 | 250,000 | $38K | No change |
| ESHAR Esh Acquisition Corp. - Right | RIGHT 06/13/2028 | 400,000 | $33K | No change |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | 242,704 | $32K | No change |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 649,000 | $31K | No change |
| SVIRF Spring Valley Acquisit-Right | RIGHT 02/25/2026 | 334,999 | $31K | No change |
| IBACR Ib Acquisition Corp.-RTS | RIGHT 09/28/2026 | 349,019 | $30K | No change |
| LEGT.WS Legato Merger Corp. III-29 | *W EXP 05/08/203 | 191,580 | $29K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 149,998 | $24K | No change |
| ALCWF Alchemy Investments Acqui-28 | *W EXP 11/30/202 | 224,998 | $19K | No change |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | 204,349 | $18K | Reduce -9.2% |
| BUJAR Bukit Jalil Global Acquisiti | RIGHT 12/30/2024 | 150,000 | $18K | No change |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | 465,000 | $14K | No change |
| BZFDW Buzzfeed Inc. -CW27 | *W EXP 12/03/202 | 145,837 | $12K | No change |
| TGAWF Target Global Acq I -CW27 | *W EXP 12/08/202 | 149,984 | $11K | No change |
| ML.WS Moneylion Inc. -CW27 | *W EXP 09/22/202 | 192,324 | $9K | No change |
| LDTDF Prospector Leddartech Alm-28 | *W EXP 12/21/202 | 281,449 | $8K | No change |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 26,913 | $7K | New |
| SVIWF Spring Valley Acquisition-Aw | *W EXP 02/25/202 | 167,497 | $6K | No change |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | 243,606 | $6K | No change |
| CRTWF Cartica Acquisition A -28 | *W EXP 04/30/202 | 37,500 | $6K | No change |
| PHYWF PHYT WS -CW | *W EXP 05/03/202 | 99,999 | $6K | No change |
| QSIAW Quantum-Si Inc. -CW27 | *W EXP 06/10/202 | 65,618 | $6K | No change |
| BAERW Wildfire New Pubco Inc.-27 | *W EXP 01/24/202 | 100,000 | $5K | No change |
| REEWF Cartesian Growth Corp. II -28 | *W EXP 07/12/202 | 83,331 | $5K | No change |
| CRGOW Freightos Ltd.-CW28 | *W EXP 99/99/999 | 64,998 | $5K | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 87,498 | $4K | No change |
| PLMWF Plum Acquisition Corp. III-CW | *W EXP 03/31/202 | 83,333 | $4K | No change |
| OAKUW Oak Woods Acquisition -28 | *W EXP 99/99/999 | 100,000 | $4K | No change |
| EVE.WS Eve Mobility Acquisit A -23 | *W EXP 12/31/202 | 100,000 | $4K | No change |
| ALURW Allurion Technologies-28 | *W EXP 08/01/203 | 85,801 | $3K | No change |
| SBXC.WS Silverbox Corp. III-28 | *W EXP 02/28/202 | 33,332 | $3K | No change |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 124,999 | $3K | No change |
| BUJAW Bukit Jalil Global Acquis-28 | *W EXP 12/30/202 | 74,998 | $2K | No change |
| ZAPWF Zapp Electric Vehicles -28 | *W EXP 99/99/999 | 199,999 | $2K | No change |
| GBBKW Global Blockchain Acq-CW27 | *W EXP 05/09/202 | 100,000 | $2K | No change |
| HOVRW Pono Capital Three Inc.-A-28 | *W EXP 02/14/202 | 133,721 | $2K | No change |
| MKDWW MKD Tech Inc. -29 | *W EXP 06/10/202 | 82,560 | $2K | New |
| EGUVF Evergreen Corporation -CW27 | *W EXP 02/08/202 | 50,000 | $2K | No change |
| MARXR Mars Acquisition Corp.-Rights | RIGHT 99/99/9999 | 6,213 | $1K | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 99,994 | $1K | No change |
| XBPEW CF Acquisition Viii A -CW27 | *W EXP 11/30/202 | 62,499 | $1K | No change |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | 92,073 | $1K | No change |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | 50,000 | $1K | No change |
| SOARW Volato Group Inc. - CW23 | *W EXP 12/04/202 | 200,000 | $1K | No change |
| AEAEW Altenergy Acquisition -CW23 | *W EXP 10/29/202 | 74,998 | $841 | No change |
| PPYAW Papaya Growth Opportuni-CW23 | *W EXP 12/31/202 | 20,045 | $582 | No change |
| CEROW Phoenix Biotech Acq -CW26 | *W EXP 02/13/202 | 74,998 | $383 | No change |
Total filed on the 13F, all lines: $2.2B.
Portfolio Sells Q2 2024 → Q3 2024
| WRK Westrock Co. | Sold out | 0.00% | −6.47 |
| ETRN Equitrans Midstream Corp. | Sold out | 0.00% | −3.34 |
| CVII Churchill Capital Corp. Vii-A | Sold out | 0.00% | −2.66 |
| OLK Olink Holding AB - ADR | Sold out | 0.00% | −2.44 |
| MGRC McGrath Rentcorp | Reduce -80.4% | 0.64% | −2.42 |
| CERE Cerevel Therapeutics Holding | Sold out | 0.00% | −1.41 |
| WIRE Encore Wire Corp. | Sold out | 0.00% | −1.24 |
| CPRI Capri Holdings Ltd. | Reduce -70.2% | 0.74% | −1.03 |
| NWLI National Western Life Grou-A | Sold out | 0.00% | −0.96 |
| TRTLF Tortoiseecofin Acquisition-A | Sold out | 0.00% | −0.71 |
| X United States Steel Corp. | Reduce -16.3% | 4.00% | −0.70 |
| ANSS Ansys Inc. | Reduce -47.6% | 0.80% | −0.62 |
| RRACF Rigel Resource Acquisit Class A | Reduce -64.9% | 0.39% | −0.61 |
| SILK Silk Road Medical Inc. | Sold out | 0.00% | −0.51 |
| MRO Marathon Oil Corp. | Reduce -44.0% | 0.64% | −0.49 |
| CARR Carrier Global Corp. | Sold out | 0.00% | −0.46 |
| IVCAF Libity | Sold out | 0.00% | −0.39 |
| ETSY Etsy Inc. | Sold out | 0.00% | −0.39 |
| SBOW Silverbow Resources Inc. | Sold out | 0.00% | −0.36 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.35 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.31 |
| SEDA SDCL Edge Acquisition Corp. Class A | Sold out | 0.00% | −0.30 |
| EVCO Everest Consolidator Acquisi | Sold out | 0.00% | −0.28 |
| LSXMA Liberty Media Corp. Class A New | Sold out | 0.00% | −0.27 |
| SLAMF Slam Corp. Class A | Sold out | 0.00% | −0.26 |
| TRIS Tristar Acquisition I Corp. Class A | Sold out | 0.00% | −0.25 |
| SIMO Silicon Motion Technol-ADR | Reduce -72.0% | 0.07% | −0.24 |
| VZIO Vizio Holding Corp. Class A | Reduce -43.3% | 0.41% | −0.23 |
| CSLMF CSLM Acquisition Corp. | Sold out | 0.00% | −0.23 |
| TGAAF Target Global Acquisition -A | Sold out | 0.00% | −0.21 |
| DD Dupont DE Nemours Inc. | Reduce -55.3% | 0.23% | −0.20 |
| CURR Currenc Group Inc. | Sold out | 0.00% | −0.16 |
| BUJA Bukit Jalil Global Acquisiti | Reduce -75.8% | 0.06% | −0.16 |
| ALSAF Alpha Star Acquisition Corp. | Sold out | 0.00% | −0.16 |
| NFSCF Enphys Acquisition Corp. | Sold out | 0.00% | −0.16 |
| PLUM ACQUISITION CORP I | Sold out | 0.00% | −0.15 |
| EVE Eve Mobility Acquisition C-A | Sold out | 0.00% | −0.15 |
| TENX KEANE ACQUISITION | Sold out | 0.00% | −0.15 |
| BMRN Biomarin Pharmaceutical Inc. | Sold out | 0.00% | −0.13 |
| TCOA Zalatoris Acquisition Corp. | Sold out | 0.00% | −0.13 |
| VALE Vale SA-SP ADR | Reduce -39.5% | 0.28% | −0.13 |
| NZF Nuveen Municipal Credit Inc. | Reduce -69.6% | 0.06% | −0.12 |
| NVG Nuveen Amt-FR Muni CRDT | Sold out | 0.00% | −0.11 |
| DENALI CAPITAL ACQUISITN COR | Sold out | 0.00% | −0.11 |
| BITE Bite Acquisition Corp. | Sold out | 0.00% | −0.09 |
| BYNO Bynordic Acquisition Corp. | Sold out | 0.00% | −0.09 |
| CDAQF Compass Digital Acquisition | Sold out | 0.00% | −0.09 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Reduce -48.8% | 0.12% | −0.08 |
| BWAQ Blue World Acquisition Corp. | Sold out | 0.00% | −0.08 |
| IXAQF Ix Acquisition Corp. Class A | Sold out | 0.00% | −0.08 |
Portfolio Buys Q2 2024 → Q3 2024
| K Kellanova | New | 5.09% | +5.09 |
| HCP Hashicorp Inc. Class A | Add +60.5% | 5.12% | +2.20 |
| ENV Envestnet Inc. | New | 2.16% | +2.16 |
| SWN Southwestern Energy Co. | Add +39.6% | 5.44% | +2.05 |
| VSTO Vista Outdoor Inc. | New | 1.65% | +1.65 |
| CHX Championx Corp. | Add +67.8% | 4.03% | +1.60 |
| CTLT Catalent Inc. | Add +27.9% | 4.14% | +1.38 |
| HES Hess Corp. | Add +13.1% | 11.11% | +1.29 |
| HTLF Heartland Financial USA Inc. | Add +260.1% | 1.56% | +1.25 |
| SMAR Smartsheet Inc. Class A | New | 1.17% | +1.17 |
| SRCL Stericycle Inc. | Add +17.4% | 4.51% | +1.14 |
| AMED Amedisys Inc. | Add +9.5% | 5.10% | +1.03 |
| AY Atlantica Sustainable Infras | Add +305.3% | 1.19% | +0.92 |
| ARES ACQUISITION CORP II | Add +99.0% | 1.58% | +0.86 |
| AXONICS INC | Add +7.3% | 4.77% | +0.82 |
| EVRI Everi Holdings Inc. | New | 0.79% | +0.79 |
| DFS Discover Financial Services | New | 0.75% | +0.75 |
| BRSL Brightstar Lottery PLC | New | 0.63% | +0.63 |
| NETD Nabors Energy Transition C-A | Add +260.4% | 0.72% | +0.54 |
| HAYMAKER ACQUISITION CORP 4 | Add +273.0% | 0.56% | +0.43 |
| HAYN Haynes International Inc. | Add +14.7% | 1.99% | +0.42 |
| FBMS First Bancshares Inc. | New | 0.39% | +0.39 |
| IBTX Independent Bank Group Inc. | Add +15.5% | 0.83% | +0.31 |
| GPAT GP-Act III Acquisition-A | New | 0.26% | +0.26 |
| RENEF Cartesian Growth Corp. II- A | Add +28.8% | 0.87% | +0.26 |
| POLEU Andretti Acquisition Corp. II | New | 0.21% | +0.21 |
| VACHU Voyager Acquisition Corp. | New | 0.20% | +0.20 |
| SBXUF Silverbox Corp. IV | New | 0.20% | +0.20 |
| USAR USA Rare Earth Inc. | Add +7.6% | 1.25% | +0.20 |
| SIMAU Sim Acquisition Corp. I | New | 0.18% | +0.18 |
| ANSC Agriculture & Natural Soluti | Add +14.3% | 0.84% | +0.17 |
| EGRVF Evergreen Corporation Class A | New | 0.14% | +0.14 |
| BERY Berry Global Group Inc. | New | 0.13% | +0.13 |
| RCM R1 RCM Inc. | New | 0.13% | +0.13 |
| AAM Aa Mission Acquisition Cor-A | New | 0.12% | +0.12 |
| FTW.U Eqv Ventures Acquisition Cor | New | 0.11% | +0.11 |
| SBXC Silverbox Corp. III-A | Add +195.7% | 0.15% | +0.10 |
| SIMA Sim Acquisition Corp. I-A | New | 0.09% | +0.09 |
| PHYTF Pyrophyte Acquisition Corp. Class A | Add +29.0% | 0.30% | +0.09 |
| AITR AI Transportation Acquisitio | New | 0.09% | +0.09 |
| FYBR Frontier Communications Pare | New | 0.07% | +0.07 |
| CAPNU Cayson Acquisition Corp. | New | 0.07% | +0.07 |
| DTSQ DT Cloud Star Acquisition Co. | New | 0.06% | +0.06 |
| INST Instructure Holdings Inc. | New | 0.06% | +0.06 |
| HSPOF Horizon Space Acquisition I | Add +23.9% | 0.21% | +0.06 |
| ISRLF Israel Acquisitions Corp. Class A | New | 0.05% | +0.05 |
| GODN Golden Star Acquisition Corp. | New | 0.05% | +0.05 |
| FOX Fox Corp. Class B | New | 0.03% | +0.03 |
| ARCH Arch Resources Inc. | New | 0.01% | +0.01 |
| MFIC Midcap Financial Investment | New | 0.00% | +0.00 |
Options Activity Q2 2024 → Q3 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -47.8% | 235,000 | $134.8M |
| BRSL Brightstar Lottery PLC | put | New | 673,200 | $14.3M |
| CARR Carrier Global Corp. | put | Sold out | 167,500 | $10.6Mbefore exit |
| CERE Cerevel Therapeutics Holding | put | Sold out | 250,000 | $10.2Mbefore exit |
| BALL Ball Corp. | put | Add +3.4% | 143,700 | $9.8M |
| ETSY Etsy Inc. | put | Sold out | 150,400 | $8.9Mbefore exit |
| CCI Crown Castle Inc. | put | Sold out | 82,100 | $8.0Mbefore exit |
| VALE Vale SA-SP ADR | put | Reduce -41.3% | 594,600 | $6.9M |
| DD Dupont DE Nemours Inc. | put | Reduce -32.8% | 54,600 | $4.9M |
| BMRN Biomarin Pharmaceutical Inc. | put | Sold out | 36,700 | $3.0Mbefore exit |
| BERY Berry Global Group Inc. | put | New | 40,200 | $2.7M |
| SIMO Silicon Motion Technol-ADR | put | Reduce -72.0% | 25,300 | $1.5M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| PERFICIENT INC (PRFT 0.125 11/15/26) | NOTE 0.125%11/1 · principal | Add +20.7% | 11,645,000 | $11.4M |
| PETIQ INC (PETQ 4 06/01/26) | NOTE 4.000% 6/0 · principal | New | 7,000,000 | $8.1M |
| AGMIT MERGER SUB LLC (MITT 6.75 09/15/24) | NOTE 6.750% 9/1 · principal | Sold out | 2,148,000 | $2.1Mbefore exit |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | New | 749,999 | $180K |
| SLMWF Slam Corp.-A -CW27 | *W EXP 99/99/999 | Sold out | 121,866 | $30Kbefore exit |
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | Reduce -9.2% | 204,349 | $18K |
| USARW Inflection Point Acquis-C-28 | *W EXP 08/31/202 | Sold out | 182,804 | $17Kbefore exit |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | New | 26,913 | $7K |
| KCGI.WS Kensington Capital Acq -CW23 | *W EXP 99/99/999 | Sold out | 224,994 | $6Kbefore exit |
| WHOLE EARTH BRANDS INC | *W EXP 06/25/202 | Sold out | 80,853 | $5Kbefore exit |
| NBSTW Newbury Street Acq -CW27 | *W EXP 04/30/202 | Sold out | 74,999 | $4Kbefore exit |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 03/18/202 | Sold out | 26,913 | $2Kbefore exit |
| CETUW Cetus Capital Acquisition-28 | *W EXP 01/31/202 | Sold out | 82,560 | $2Kbefore exit |
| MKDWW MKD Tech Inc. -29 | *W EXP 06/10/202 | New | 82,560 | $2K |
| AOGOW Arogo Capital Acq -CW23 | *W EXP 03/23/202 | Sold out | 50,000 | $2Kbefore exit |
| IMAQW International Media Ac -CW28 | *W EXP 99/99/999 | Sold out | 50,000 | $499before exit |
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 |