Context Capital Management Portfolio holdings

Context Capital Management's Q1 2022 Portfolio in Review

As of Q1 2022, Context Capital Management held 1,008 positions worth $1.54B, up 20% from $1.28B the previous quarter. Its ten largest holdings account for 14% of the portfolio.

Context Capital Management withdrew a net $381M in Q1 2022, closing 320 positions and reducing 39 holdings. Its most notable exit was Integrated Rail and Resources Acquisition Corp. Units, each consisting of one share of Class A common stock and one half of one redeemable warrant, an estimated $13.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 35% of assets, up from 9.6% a quarter earlier, followed by Technology and Industrials.

Against the trend, Context Capital Management opened a new position in GSR II Meteora Acquisition Corp. Unit worth $13.6M.

• Context Capital Management's largest Q1 2022 buy was GSR II Meteora Acquisition Corp. Unit: 1,355,300 shares worth $13.6M.
• Context Capital Management added most to Black Mountain Acquisition Corp. in Q1 2022, an estimated $3.96M increase.
• Context Capital Management's biggest Q1 2022 reduction was Tailwind International Acquisition Corp., cutting an estimated $1.95M.
• Context Capital Management fully exited Integrated Rail and Resources Acquisition Corp. Units, each consisting of one share of Class A common stock and one half of one redeemable warrant in Q1 2022, selling an estimated $13.4M.
• Context Capital Management's ten largest holdings make up 14% of its $1.54B portfolio in Q1 2022.
• Context Capital Management opened 428 new positions and closed 320 in Q1 2022.
• Context Capital Management's portfolio value rose 20% quarter-over-quarter to $1.54B.

Based on Context Capital Management's 13F filing for Q1 2022, filed 9 May 2022.