Fund HoldingsEmpyrean Capital Partners, LP

Total Portfolio Value
$2.87B
Total Bought
$854.04M
Total Sold
$398.23M
Net Transaction
+$455.82M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
AXALTA COATING SYS LTD(AXTA)02,050,000+2,050,000066,2362.31%+66,236
UNITEDHEALTH GROUP INC(UNH)0193,000+193,000063,7112.22%+63,711
WARNER BROS DISCOVERY INC(WBD)02,000,000+2,000,000057,6402.01%+57,640
CAPITAL ONE FINL CORP(COF)308,000444,000+136,00065,475107,6083.75%+42,133
COMMSCOPE HLDG CO INC(VISN)02,060,000+2,060,000037,3481.30%+37,348
BARRICK MNG CORP(B)0821,000+821,000035,7551.25%+35,755
CHURCHILL CAP CORP XI(CCXI)03,500,000+3,500,000035,7351.24%+35,735
ASHLAND INC(ASH)0542,000+542,000031,7991.11%+31,799
TREEHOUSE FOODS INC01,320,000+1,320,000031,1391.08%+31,139
KENVUE INC(KVUE)01,732,000+1,732,000029,8771.04%+29,877
KARBON CAP PARTNERS CORP
UNIT 12/11/2030
02,632,752+2,632,752026,4990.92%+26,499
IAC INC(PPLI)0677,000+677,000026,4710.92%+26,471
QORVO INC(QRVO)0309,000+309,000026,1140.91%+26,114
COMCAST CORP NEW(CCZ)0868,700+868,700025,9650.90%+25,965
CHARLES RIV LABS INTL INC(CRL)0121,500+121,500024,2370.84%+24,237
IQVIA HLDGS INC(IQV)0104,650+104,650023,5890.82%+23,589
MONDELEZ INTL INC(MDLZ)0418,000+418,000022,5010.78%+22,501
LIBERTY ENERGY INC(LBRT)01,200,000+1,200,000022,1520.77%+22,152
CONSTELLATION BRANDS INC(STZ)451,000586,700+135,70060,73680,9412.82%+20,205
BLACKSTONE SECD LENDING FD(BXSL)0765,000+765,000020,1420.70%+20,142
KIMBERLY-CLARK CORP(KMB)0187,200+187,200018,8870.66%+18,887
ENOVA INTL INC(ENVA)441,564441,564050,82069,4142.42%+18,594
NORFOLK SOUTHN CORP(NSC)136,500203,800+67,30041,00658,8412.05%+17,835
CENTURI HOLDINGS INC(CTRI)0578,000+578,000014,5950.51%+14,595
TELEFLEX INCORPORATED(TFX)0118,000+118,000014,4010.50%+14,401
CVS HEALTH CORP(CVS)1,042,5001,160,000+117,50078,59492,0583.21%+13,464
DAEDALUS SPL ACQUISITION COR
UNIT 11/10/2030
01,132,000+1,132,000011,3650.40%+11,365
LIBERTY LIVE HOLDINGS INC(LLYVA)0134,300+134,300011,1680.39%+11,168
AVIDITY BIOSCIENCES INC0143,000+143,000010,3150.36%+10,315
VINE HILL CAP INVTS CORP II
UNIT 11/25/2030
0950,000+950,00009,5200.33%+9,520
UNION PAC CORP(UNP)332,000373,800+41,80078,47586,4673.01%+7,993
BRITISH AMERN TOB PLC(BTI)2,200,0002,200,0000116,776124,5644.34%+7,788
RITHM ACQUISITION CORP716,4851,389,513+673,0287,34414,4370.50%+7,093
LIBERTY LIVE HOLDINGS INC(LLYVA)072,250+72,25005,8880.21%+5,888
VIASAT INC(VSAT)1,138,0001,138,000033,34339,2151.37%+5,872
CHURCHILL CAP CORP X0762,500+762,50005,8710.20%+5,871
PG&E CORP(PCG)5,900,0005,900,000088,97294,8133.30%+5,841
LITHIA MTRS INC(LAD)015,400+15,40005,1180.18%+5,118
ITRON INC(ITRI)00005,0480.18%+5,048
PHILLIPS 66(PSX)216,800264,800+48,00029,48934,1701.19%+4,681
NEXTNAV INC(NN)1,886,0001,886,000026,97031,3831.09%+4,413
GCI LIBERTY INC(GLIBA)184,156293,218+109,0626,86310,9110.38%+4,047
CABLE ONE INC00003,9360.14%+3,936
PERCEPTIVE CAP SOLUTIONS COR
CL A ORD SHS
0282,100+282,10003,6760.13%+3,676
TXNM ENERGY INC(TXNM)1,442,5541,442,554081,57684,9382.96%+3,361
MKS INC.(MKSI)00027,43830,4271.06%+2,990
VINE HILL CAP INVT CORP.
ORD SHS CL A
0266,123+266,12302,8660.10%+2,866
NELNET INC(NNI)231,000231,000028,96330,7141.07%+1,751
OAKTREE ACQUISITION CORP III
SHS CL A
750,000900,000+150,0007,8839,5220.33%+1,640
VISHAY INTERTECHNOLOGY INC(VSH)00038,03139,5551.38%+1,524
ON SEMICONDUCTOR CORP(ON)00022,24423,7050.83%+1,460
AMPHASTAR PHARMACEUTICALS IN(AMPH)00013,63714,9940.52%+1,357
AMERICAN COASTAL INS CORP940,500940,500010,71211,8790.41%+1,166
AMERICAN EXCEPTIONALISM ACQU
ORD CL A
1,230,0001,230,000013,44414,0100.49%+566
SUN CTRY AIRLS HLDGS INC732,042640,000-92,0428,6459,2100.32%+564
TELEPHONE & DATA SYS INC(TDS)300,000300,000011,77212,3000.43%+528
BAIN CAP GSS INVT CORP
UNIT 99/99/9999
3,990,0003,990,000040,25940,7781.42%+519
ARDAGH METAL PACKAGING S A
SHS
4,000,0004,000,000015,96016,4000.57%+440
COMSTOCK RES INC(CRK)118,900118,90002,3582,7560.10%+398
CHURCHILL CAPITAL CORP IX
CL A SHS
2,633,5822,633,582027,60027,9950.98%+395
COTERRA ENERGY INC115,400115,40002,7293,0370.11%+308
EXPAND ENERGY CORPORATION(EXE)34,50034,50003,6653,8070.13%+142
ANTERO RESOURCES CORP(AR)101,400101,40003,4033,4940.12%+91
GORES HLDGS X INC
SHS CL A
1,475,0001,475,000015,06015,1190.53%+59
CHURCHILL CAPITAL CORP IX
*W EXP 03/31/203
440,000440,00003433890.01%+46
CANTOR EQUITY PARTNERS IV IN
SHS CL A
300,000300,00003,0563,0840.11%+29
ENVOY MEDICAL INC75,00075,0000330.00%0
BENEFICIENT100,000100,0000110.00%-0
CANTOR EQUITY PARTNERS III I
SHS CL A
250,000250,00002,5802,5500.09%-30
EQT CORP(EQT)71,60071,60003,8973,8380.13%-59
GCI LIBERTY INC(GLIBA)99,99999,99903,7553,6870.13%-68
RANGE RES CORP(RRC)101,300101,30003,8133,5720.12%-241
SABRE CORP400,0000-400,0007320-732
SINCLAIR INC(SBGI)1,144,4931,044,493-100,00017,28215,9810.56%-1,301
TON STRATEGY CO192,6210-192,6211,3560-1,356
BTC DEV CORP150,0000-150,0001,5150-1,515
BRISTOW GROUP INC(VTOL)1,276,0001,214,599-61,40146,03844,4791.55%-1,559
PENGUIN SOLUTIONS INC(PENG)00012,50810,6580.37%-1,851
FUTURECREST ACQUISITION CORP175,0000-175,0001,8550-1,855
CONMED CORP(CNMD)0002,3820-2,382
AMN HEALTHCARE SVCS INC150,0000-150,0002,9040-2,904
FRONTIER GROUP HLDGS INC(ULCC)723,4390-723,4393,1940-3,194
NOBLE CORP PLC(NE)137,0000-137,0003,8740-3,874
AKAMAI TECHNOLOGIES INC(AKAM)58,0000-58,0004,3940-4,394
PAGERDUTY INC(PD)00031,80027,1320.95%-4,668
OCCIDENTAL PETE CORP(OXY)191,000104,900-86,1009,0254,3130.15%-4,711
MAGNERA CORP436,2600-436,2605,1130-5,113
CARDINAL HEALTH INC(CAH)357,400247,800-109,60056,09850,9231.77%-5,175
NEWMARK GROUP INC(NMRK)4,360,1504,360,150081,31775,6052.63%-5,712
ALAMOS GOLD INC NEW391,300203,300-188,00013,6417,8430.27%-5,797
PERPETUA RESOURCES CORP(PPTA)1,517,9531,028,853-489,10030,70824,9090.87%-5,800
ANI PHARMACEUTICALS INC(ANIP)00032,29926,4860.92%-5,813
NEXGEN ENERGY LTD(NXE)751,0000-751,0006,7210-6,721
HALLADOR ENERGY COMPANY354,4760-354,4766,9370-6,937
SIRIUSXM HOLDINGS INC(SIRI)905,623692,775-212,84821,07813,8520.48%-7,226
SOLARIUS CAPITAL ACQU CORP
UNIT 07/10/2030
700,0000-700,0007,3780-7,378
LIBERTY BROADBAND CORP(LBRDA)500,000500,000031,66524,1400.84%-7,525
ACADIAN ASSET MANAGEMENT INC(AAMI)1,541,1081,404,562-136,54674,22066,0142.30%-8,205
BP PLC(BP)245,0000-245,0008,4430-8,443
LIBERTY MEDIA CORP DEL94,5630-94,5638,9170-8,917
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