Fund HoldingsEmpyrean Capital Partners, LP

Total Portfolio Value
$2.82B
Total Bought
$1.34B
Total Sold
$748.28M
Net Transaction
+$593.36M
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
ISHARES TR(Put)05,800,000+5,800,0000457,562+457,562
ISHARES TR(Put)01,835,000+1,835,0000366,064+366,064
SPDR S&P 500 ETF TR(SPY)(Put)0220,000+220,0000123,066+123,066
MARATHON PETE CORP(MPC)0520,500+520,500075,8322.69%+75,832
CVS HEALTH CORP(CVS)890,0001,531,000+641,00039,952103,7253.68%+63,773
UNITEDHEALTH GROUP INC(UNH)0120,000+120,000062,8502.23%+62,850
FTAI AVIATION LTD(FTAI)0554,320+554,320061,5462.19%+61,546
CARDINAL HEALTH INC(CAH)0379,000+379,000052,2151.85%+52,215
HESS CORP1,199,0001,199,0000159,479191,5166.80%+32,037
INTRA-CELLULAR THERAPIES INC0228,000+228,000030,0781.07%+30,078
SHELL PLC(SHEL)2,300,0002,300,0000144,095168,5445.99%+24,449
SPRINGWORKS THERAPEUTICS INC0245,000+245,000010,8120.38%+10,812
ALTICE USA INC17,700,00020,100,000+2,400,00042,65753,4661.90%+10,809
VISHAY INTERTECHNOLOGY INC(VSH)00027,81235,3691.26%+7,557
TXNM ENERGY INC(TXNM)1,404,5541,404,554069,06275,1162.67%+6,054
VALARIS LTD(VAL)0140,000+140,00005,4960.20%+5,496
ENOVA INTL INC(ENVA)462,800512,800+50,00044,37349,5161.76%+5,143
BURFORD CAP LTD
ORD SHS
0340,000+340,00004,4910.16%+4,491
NOVAGOLD RES INC570,0001,933,066+1,363,0661,8985,6450.20%+3,746
F&G ANNUITIES & LIFE INC(FG)0102,000+102,00003,6770.13%+3,677
ALAMOS GOLD INC NEW400,000400,00007,37610,6960.38%+3,320
LIBERTY BROADBAND CORP(LBRDA)320,561320,561023,96527,2640.97%+3,299
NEW GOLD INC CDA2,610,0002,610,00006,4739,6830.34%+3,210
AGNICO EAGLE MINES LTD(AEM)100,000100,00007,82110,8410.39%+3,020
TELEPHONE & DATA SYS INC(TDS)325,000325,000011,08612,5910.45%+1,505
CHURCHILL CAPITAL CORP IX
CL A SHS
2,900,0002,900,000029,87031,2911.11%+1,421
HALLADOR ENERGY COMPANY1,325,0001,325,000015,17116,2710.58%+1,100
STANDARDAERO INC(SARO)035,000+35,00009320.03%+932
PAGERDUTY INC(PD)00038,83339,5711.41%+738
SABRE CORP2,500,0003,500,000+1,000,0009,1259,8350.35%+710
CHURCHILL CAPITAL CORP IX
*W EXP 03/31/203
440,000440,00001913520.01%+161
ADVANCED ENERGY INDS(AEIS)00019,62119,7620.70%+141
LIBERTY MEDIA CORP DEL94,56394,56306,2946,3580.23%+64
ARDAGH METAL PACKAGING S A
SHS
4,000,0004,000,000012,04012,0800.43%+40
LIBERTY MEDIA CORP DEL175,771175,771011,96311,9770.43%+14
CAPITAL SOUTHWEST CORP(CSWC)0001,9481,9500.07%+2
BENEFICIENT100,000100,0000110.00%-0
ENVOY MEDICAL INC75,00075,0000420.00%-1
MAGNERA CORP469,730469,73008,5358,5300.30%-5
MARBLEGATE ACQUISITION CORP160,0000-160,00050-5
PG&E CORP(PCG)20,00020,00009968950.03%-101
SIRIUSXM HOLDINGS INC(SIRI)905,623905,623020,64820,4170.73%-231
SINCLAIR INC(SBGI)1,144,4931,144,493018,47218,2320.65%-240
LIONS GATE ENTMNT CORP50,0000-50,0003780-377
API GROUP CORP(APG)1,800,0001,800,000064,74664,3682.29%-378
LIONS GATE ENTMNT CORP50,0000-50,0004270-427
AMERICAN COASTAL INS CORP840,500940,500+100,00011,31310,8820.39%-432
EVGO INC150,0000-150,0006080-607
CHEFS WHSE INC(CHEF)00026,08625,4070.90%-679
AMPHASTAR PHARMACEUTICALS IN(AMPH)00015,79915,1100.54%-690
ACADIAN ASSET MANAGEMENT INC(AAMI)1,880,6341,880,634049,53648,6331.73%-903
NEXTNAV INC(NN)1,385,0001,685,000+300,00021,55120,5060.73%-1,044
BRISTOW GROUP INC(VTOL)1,080,0001,130,000+50,00037,04435,6851.27%-1,359
TRIPADVISOR INC(TRIP)95,0000-95,0001,4030-1,403
CONMED CORP(CNMD)00012,0559,3950.33%-2,661
NEWMARK GROUP INC(NMRK)4,360,1504,360,150055,85453,0631.88%-2,790
GRAIL INC(GRAL)176,0000-176,0003,1420-3,142
FTAI INFRASTRUCTURE INC1,471,7901,471,790010,6856,6670.24%-4,018
HUT 8 CORP(HUT)200,0000-200,0004,0980-4,098
ON SEMICONDUCTOR CORP(ON)00025,88821,5030.76%-4,385
FRONTIER GROUP HLDGS INC(ULCC)700,0000-700,0004,9770-4,977
CSG SYS INTL INC
NOTE
0005,7760-5,776
SHIFT4 PMTS INC(FOUR)0008,1190-8,119
WOLFSPEED INC(WOLF)00011,3132,4010.09%-8,912
ALGOMA STL GROUP INC922,0000-922,0009,0170-9,017
FLUOR CORP NEW(FLR)185,0000-185,0009,1240-9,124
3D SYS CORP DEL0009,7550-9,755
TARGET HOSPITALITY CORP(TH)1,012,0000-1,012,0009,7810-9,781
SUNRISE COMMUNICATIONS AG270,0000-270,00011,6320-11,632
AERCAP HOLDINGS NV(AER)1,600,0001,382,000-218,000153,120141,1995.02%-11,921
WILLSCOT HLDGS CORP(WSC)375,0000-375,00012,5440-12,544
HOWARD HUGHES HOLDINGS INC(HHH)209,0000-209,00016,0760-16,076
BAUSCH PLUS LOMB CORP931,0000-931,00016,8140-16,814
MCGRATH RENTCORP(MGRC)152,0000-152,00016,9970-16,997
ALIGHT INC9,000,0007,500,000-1,500,00062,28044,4751.58%-17,805
ISHARES BITCOIN TRUST ETF(IBIT)(Call)510,0000-510,00027,0560-27,055
AKAMAI TECHNOLOGIES INC(AKAM)540,598200,000-340,59851,70816,1000.57%-35,608
KBR INC(KBR)639,5820-639,58237,0510-37,051
AES CORP(AES)3,755,0000-3,755,00048,3270-48,327
PG&E CORP(PCG)5,897,0003,800,000-2,097,000119,00165,2842.32%-53,717
ENDEAVOR GROUP HLDGS INC2,110,0000-2,110,00066,0220-66,022
DISCOVER FINL SVCS583,000168,000-415,000100,99328,6781.02%-72,315
DOMINION ENERGY INC(D)1,572,0000-1,572,00084,6680-84,668
ISHARES TR(Call)800,0000-800,000176,7680-176,768
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