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
+6.05%
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
$414M
AUM Growth
-$191M
Cap. Flow
-$208M
Cap. Flow %
-50.31%
Top 10 Hldgs %
62.2%
Holding
169
New
21
Increased
17
Reduced
61
Closed
59

Top Buys

Rank Stock Value
1
AAP icon
Advance Auto Parts
AAP
+$24.2M
2
SIX
Six Flags Entertainment Corp.
SIX
+$10.3M
3
KBR icon
KBR
KBR
+$7.81M
4
FRLA
Fortune Rise Acquisition Corporation Class A Common Stock
FRLA
+$3.16M
5
EVGR
Evergreen Corporation Class A Ordinary Share
EVGR
+$2.82M

Top Sells

Rank Stock Value
1
CNNE icon
Cannae Holdings
CNNE
+$16.4M
2
M icon
Macy's
M
+$14.1M
3
ODP
ODP
ODP
+$13.4M
4
AIRJ
Montana Technologies Corp
AIRJ
+$11.1M
5
GHIX
Gores Holdings IX, Inc. Class A Common Stock
GHIX
+$9.71M

Sector Composition

Rank Sector Weight
1 Financials 26.38%
2 Consumer Discretionary 10.04%
3 Industrials 5.86%
4 Technology 5.67%
5 Communication Services 4.48%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KYCH
76
DELISTED
Keyarch Acquisition Corporation Ordinary Shares
KYCH
$770K 0.19%
70,600
-47,700
-40% -$512K
BKHAU
77
Black Hawk Acquisition Corp Units
BKHAU
$85.5M
$762K 0.18%
+75,000
New +$761K
KDK
78
Kodiak AI
KDK
$840M
$754K 0.18%
71,357
-309,723
-81% -$3.26M
JVSA
79
DELISTED
JV SPAC Acquisition Corp
JVSA
$704K 0.17%
+70,000
New +$703K
NETD
80
DELISTED
Nabors Energy Transition Corp II
NETD
$651K 0.16%
62,633
-612,767
-91% -$6.4M
RRAC
81
DELISTED
Rigel Resource Acquisition Corp.
RRAC
$646K 0.16%
57,819
-144,830
-71% -$1.61M
ALCY
82
DELISTED
Alchemy Investments Acquisition Corp 1
ALCY
$584K 0.14%
55,148
-230,742
-81% -$2.43M
BLUA
83
DELISTED
BlueRiver Acquisition Corp.
BLUA
$575K 0.14%
52,908
-145,991
-73% -$1.57M
IVCB
84
DELISTED
Investcorp Europe Acquisition Corp I Class A Ordinary Shares
IVCB
$567K 0.14%
50,271
-16,001
-24% -$178K
GRML
85
Greenland Mines Ltd
GRML
$29.2M
$532K 0.13%
+50,303
New +$540K
ATMC
86
DELISTED
AlphaTime Acquisition Corp
ATMC
$525K 0.13%
47,943
-71,023
-60% -$771K
MAQC
87
DELISTED
Maquia Capital Acquisition Corporation Class A Common Stock
MAQC
$524K 0.13%
47,272
-194,315
-80% -$2.15M
GLAC
88
DELISTED
Global Lights Acquisition Corp Ordinary Shares
GLAC
$509K 0.12%
50,000
– –
BAYA
89
DELISTED
Bayview Acquisition Corp
BAYA
$505K 0.12%
+50,000
New +$504K
KACL
90
DELISTED
Kairous Acquisition Corp. Limited Ordinary Shares
KACL
$502K 0.12%
42,706
-4,119
-9% -$48K
UCFI
91
CN Healthy Food Tech Group
UCFI
$499K 0.12%
+50,000
New +$500K
SKGR
92
DELISTED
SK Growth Opportunities Corporation Class A Common Stock
SKGR
$486K 0.12%
43,961
-15,000
-25% -$165K
QETA icon
93
Quetta Acquisition Corp
QETA
$459K 0.11%
45,000
– –
BITE
94
DELISTED
Bite Acquisition Corp.
BITE
$455K 0.11%
42,435
-8,295
-16% -$88.9K
CDAQ
95
DELISTED
Compass Digital Acquisition Corp. Class A Ordinary Shares
CDAQ
$438K 0.11%
40,900
-59,100
-59% -$630K
BWAQ
96
DELISTED
Blue World Acquisition Corporation Class A Ordinary Shares
BWAQ
$426K 0.1%
38,131
-103,228
-73% -$1.15M
M icon
97
Macy's
M
$6.53B
$387K 0.09%
19,336
-730,664
-97% -$14.1M
IVCA
98
DELISTED
Investcorp India Acquisition Corp
IVCA
$351K 0.08%
+31,300
New +$348K
XFIN
99
DELISTED
ExcelFin Acquisition Corp Class A Common Stock
XFIN
$304K 0.07%
+27,800
New +$301K
GLLI
100
DELISTED
Globalink Investment Inc. Common Stock
GLLI
$301K 0.07%
27,506
-12,358
-31% -$135K
2 3
4
5 6

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 Q1 2024 Portfolio in Review

As of Q1 2024, Fir Tree Capital Management held 169 positions worth $414M, down 32% from $605M the previous quarter. Its ten largest holdings account for 62% of the portfolio.

Fir Tree Capital Management withdrew a net $208M in Q1 2024, closing 59 positions and reducing 61 holdings. Its most notable exit was Cannae Holdings, an estimated $16.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 26% of assets, down from 42% a quarter earlier, followed by Consumer Discretionary and Industrials.

Against the trend, Fir Tree Capital Management opened a new position in Advance Auto Parts worth $29.8M.

  • Fir Tree Capital Management's largest Q1 2024 buy was Advance Auto Parts: 350,000 shares worth $29.8M.
  • Fir Tree Capital Management added most to Six Flags Entertainment Corp. in Q1 2024, an estimated $10.3M increase.
  • Fir Tree Capital Management's biggest Q1 2024 reduction was Macy's, cutting an estimated $14.1M.
  • Fir Tree Capital Management fully exited Cannae Holdings in Q1 2024, selling an estimated $16.4M.
  • Fir Tree Capital Management's ten largest holdings make up 62% of its $414M portfolio in Q1 2024.
  • Fir Tree Capital Management opened 21 new positions and closed 59 in Q1 2024.
  • Fir Tree Capital Management's portfolio value fell 32% quarter-over-quarter to $414M.

Based on Fir Tree Capital Management's 13F filing for Q1 2024, filed 15 May 2024.