We are live on ! Find out more
FTCM

Fir Tree Capital Management Portfolio holdings

AUM $21.8M
1-Year Est. Return 1.61%
This Fund
S&P 500
This Quarter Est. Return
+4.76%
1 Year Est. Return
-1.61%
3 Year Est. Return
+17.29%
5 Year Est. Return
+41.7%
10 Year Est. Return
+54.64%
AUM
$605M
AUM Growth
-$352M
Cap. Flow
-$354M
Cap. Flow %
-58.45%
Top 10 Hldgs %
40.58%
Holding
238
New
18
Increased
14
Reduced
102
Closed
92

Top Buys

Rank Stock Value
1
CNNE icon
Cannae Holdings
CNNE
+$15.3M
2
M icon
Macy's
M
+$10.9M
3
NATL icon
NCR Atleos
NATL
+$10.3M
4
SIX
Six Flags Entertainment Corp.
SIX
+$4.97M
5
ANSCU
Agriculture & Natural Solutions Acquisition Corp Unit
ANSCU
+$4.04M

Top Sells

Rank Stock Value
1
PCG icon
PG&E
PCG
+$28.2M
2
VYX icon
NCR Voyix
VYX
+$22.3M
3
NFYS
Enphys Acquisition Corp.
NFYS
+$21.7M
4
AAC
Ares Acquisition Corporation
AAC
+$16.4M
5
APGB
Apollo Strategic Growth Capital II
APGB
+$15.8M

Sector Composition

Rank Sector Weight
1 Financials 41.66%
2 Consumer Discretionary 9.54%
3 Technology 8.5%
4 Industrials 7.32%
5 Healthcare 2.77%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TLGY
51
DELISTED
TLGY Acquisition Corporation Class A Ordinary Share
TLGY
$3.27M 0.54%
293,813
-268,938
-48% -$2.97M
AER icon
52
AerCap
AER
$24.1B
$3.24M 0.54%
43,619
-30,664
-41% -$2.02M
CSTA
53
DELISTED
Constellation Acquisition Corp I
CSTA
$3.19M 0.53%
288,677
-56,126
-16% -$618K
VEEA
54
Veea Inc
VEEA
$8.07M
$3.17M 0.52%
290,791
+1,790
+0.6% +$19.3K
BNIX
55
DELISTED
Bannix Acquisition Corp. Common Stock
BNIX
$3.06M 0.51%
282,778
-4,696
-2% -$50.3K
ALCY
56
DELISTED
Alchemy Investments Acquisition Corp 1
ALCY
$3.04M 0.5%
285,890
-4,854
-2% -$50.4K
QTI
57
QT Imaging Holdings
QTI
$37.2M
$3.01M 0.5%
271,562
-28,438
-9% -$310K
FTII
58
DELISTED
FutureTech II Acquisition Corp. Class A Common Stock
FTII
$2.98M 0.49%
274,787
-95,651
-26% -$1.04M
VSAT icon
59
CALL
Viasat
VSAT
$10.7B
$2.94M 0.49%
105,100
-14,400
-12% -$301K
HOVR icon
60
New Horizon Aircraft
HOVR
$116M
$2.93M 0.48%
278,968
-24,762
-8% -$261K
AMCI
61
AMC Robotics
AMCI
$115M
$2.79M 0.46%
259,944
+59,944
+30% +$638K
MAQC
62
DELISTED
Maquia Capital Acquisition Corporation Class A Common Stock
MAQC
$2.75M 0.46%
241,587
-3,848
-2% -$44.4K
CLRC
63
DELISTED
ClimateRock Class A Ordinary Shares
CLRC
$2.75M 0.45%
249,766
-234
-0.1% -$2.57K
SCRM
64
DELISTED
Screaming Eagle Acquisition Corp. Class A Ordinary Shares
SCRM
$2.73M 0.45%
257,990
-210,937
-45% -$2.22M
ABP
65
DELISTED
Abpro Holdings
ABP
$2.66M 0.44%
8,363
– –
BUJA
66
DELISTED
Bukit Jalil Global Acquisition 1
BUJA
$2.6M 0.43%
249,314
-686
-0.3% -$7.09K
CNTM
67
DELISTED
ConnectM Technology Solutions, Inc. Common Stock
CNTM
$2.59M 0.43%
238,555
+4,012
+2% +$43.2K
BRAC
68
DELISTED
Broad Capital Acquisition Corp Common Stock
BRAC
$2.53M 0.42%
227,368
+28,142
+14% +$310K
BNAI
69
Brand Engagement Network
BNAI
$80.9M
$2.5M 0.41%
23,654
-16,346
-41% -$1.74M
ACBA
70
DELISTED
Ace Global Business Acquisition Ltd
ACBA
$2.46M 0.41%
207,920
-3,219
-2% -$37.6K
FAAS
71
DELISTED
DigiAsia
FAAS
$2.33M 0.39%
209,911
-21,751
-9% -$243K
FRLA
72
DELISTED
Fortune Rise Acquisition Corporation Class A Common Stock
FRLA
$2.32M 0.38%
211,416
-8,415
-4% -$92.2K
GMFI
73
DELISTED
Aetherium Acquisition Corp
GMFI
$2.31M 0.38%
212,676
-21,478
-9% -$234K
AFAR
74
DELISTED
Aura FAT Projects Acquisition Corp Class A Ordinary Shares
AFAR
$2.3M 0.38%
211,985
-1,679
-0.8% -$18.2K
CHAA
75
DELISTED
Catcha Investment Corp
CHAA
$2.28M 0.38%
204,508
+19,512
+11% +$216K
1 2
3
4 5

Similar funds

CSD
Clear Street Derivatives New York $12.4M AUM 1.7% 1-Year Est. Return
AVM
Altos Ventures Management Burlingame, California $11.7M AUM 182.72% 1-Year Est. Return
PC
Prysm Capital Princeton, New Jersey $10.6M AUM 2.38% 1-Year Est. Return
WHP
Washington Harbour Partners Arlington, Virginia $33.8M AUM 73.62% 1-Year Est. Return
ADIM
Alpha DNA Investment Management Columbia, Maryland $8.98M AUM 26.05% 1-Year Est. Return
CAWM
Capital A Wealth Management New Castle, Pennsylvania $8.94M AUM
AI
Allostery Investments Stamford, Connecticut $7.85M AUM
CP
Castalian Partners Excelsior, Minnesota $7.36M AUM

Fir Tree Capital Management's Q4 2023 Portfolio in Review

As of Q4 2023, Fir Tree Capital Management held 238 positions worth $605M, down 37% from $957M the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Fir Tree Capital Management withdrew a net $354M in Q4 2023, closing 92 positions and reducing 102 holdings. Its most notable exit was PG&E, an estimated $28.2M position sold in full.

By sector, the portfolio is most concentrated in Financials at 42% of assets, down from 56% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Fir Tree Capital Management opened a new position in Cannae Holdings worth $16.4M.

  • Fir Tree Capital Management's largest Q4 2023 buy was Cannae Holdings: 840,000 shares worth $16.4M.
  • Fir Tree Capital Management added most to Goldenstone Acquisition Limited Common Stock in Q4 2023, an estimated $1.88M increase.
  • Fir Tree Capital Management's biggest Q4 2023 reduction was Enphys Acquisition Corp., cutting an estimated $21.7M.
  • Fir Tree Capital Management fully exited PG&E in Q4 2023, selling an estimated $28.2M.
  • Fir Tree Capital Management's ten largest holdings make up 41% of its $605M portfolio in Q4 2023.
  • Fir Tree Capital Management opened 18 new positions and closed 92 in Q4 2023.
  • Fir Tree Capital Management's portfolio value fell 37% quarter-over-quarter to $605M.

Based on Fir Tree Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.