Fir Tree Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AIRJ
Montana Technologies Corp
AIRJ
|
+$8.36M |
| 2 |
SBXC.U
SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant
SBXC.U
|
+$8.07M |
| 3 |
IVCA
Investcorp India Acquisition Corp
IVCA
|
+$6.86M |
| 4 |
Drilling Tools International
DTI
|
+$6.32M |
| 5 |
Solidion Technology
STI
|
+$6.03M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NAAC
North Atlantic Acquisition Corporation Class A Ordinary Share
NAAC
|
+$30.2M |
| 2 |
Comcast
CMCSA
|
+$29.2M |
| 3 |
First Citizens BancShares
FCNCA
|
+$27.5M |
| 4 |
PayPal
PYPL
|
+$24.2M |
| 5 |
WPCB
Warburg Pincus Capital Corporation I-B
WPCB
|
+$18.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 65.22% |
| 2 | Technology | 12.96% |
| 3 | Industrials | 8% |
| 4 | Materials | 3.28% |
| 5 | Healthcare | 2.39% |
Similar funds
Fir Tree Capital Management's Q1 2023 Portfolio in Review
As of Q1 2023, Fir Tree Capital Management held 392 positions worth $1.26B, down 35% from $1.94B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Fir Tree Capital Management withdrew a net $658M in Q1 2023, closing 109 positions and reducing 72 holdings. Its most notable exit was North Atlantic Acquisition Corporation Class A Ordinary Share, an estimated $30.2M position sold in full.
By sector, the portfolio is most concentrated in Financials at 65% of assets, up from 63% a quarter earlier, followed by Technology and Industrials.
Against the trend, Fir Tree Capital Management opened a new position in Montana Technologies Corp worth $8.41M.
- Fir Tree Capital Management's largest Q1 2023 buy was Montana Technologies Corp: 820,575 shares worth $8.41M.
- Fir Tree Capital Management added most to Investcorp India Acquisition Corp in Q1 2023, an estimated $6.86M increase.
- Fir Tree Capital Management's biggest Q1 2023 reduction was Bolt Projects Holdings, cutting an estimated $17.2M.
- Fir Tree Capital Management fully exited North Atlantic Acquisition Corporation Class A Ordinary Share in Q1 2023, selling an estimated $30.2M.
- Fir Tree Capital Management's ten largest holdings make up 17% of its $1.26B portfolio in Q1 2023.
- Fir Tree Capital Management opened 56 new positions and closed 109 in Q1 2023.
- Fir Tree Capital Management's portfolio value fell 35% quarter-over-quarter to $1.26B.
Based on Fir Tree Capital Management's 13F filing for Q1 2023, filed 15 May 2023.