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
+1.23%
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
$1.98B
AUM Growth
+$696M
Cap. Flow
+$557M
Cap. Flow %
28.09%
Top 10 Hldgs %
45.7%
Holding
141
New
67
Increased
13
Reduced
12
Closed
27

Top Buys

Rank Stock Value
1
FE icon
FirstEnergy
FE
+$137M
2
CPAY icon
Corpay
CPAY
+$84.4M
3
PSTH
Pershing Square Tontine Holdings, Ltd.
PSTH
+$78.9M
4
RTX icon
RTX Corp
RTX
+$44.1M
5
FIS icon
Fidelity National Information Services
FIS
+$41M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$30M
2
DELL icon
Dell
DELL
+$27.2M
3
CMCSA icon
Comcast
CMCSA
+$27.2M
4
WPF.U
Foley Trasimene Acquisition Corp.
WPF.U
+$19.2M
5
JWS.U
Jaws Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one red
JWS.U
+$18.8M

Sector Composition

Rank Sector Weight
1 Utilities 15.84%
2 Financials 14.75%
3 Technology 12.94%
4 Communication Services 11.64%
5 Industrials 8.47%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SCVX.WS
101
DELISTED
SCVX Corp.
SCVX.WS
$244K 0.01%
162,585
– –
GHIVW
102
DELISTED
Gores Holdings IV, Inc. Warrant
GHIVW
$242K 0.01%
145,890
– –
GSAH.WS
103
DELISTED
GS Acquisition Holdings Corp II Redeemable Warrants, each whole warrant exercisable for one share of
GSAH.WS
$215K 0.01%
+100,000
New +$216K
HPX.WS
104
DELISTED
HPX Corp. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
HPX.WS
$180K 0.01%
+200,000
New +$177K
NVVE
105
DELISTED
Nuvve Holding Corp
NVVE
– –
0
– –
DEH.WS
106
DELISTED
D8 Holdings Corp. Warrants, each whole warrant exercisable for one Class A ordinary share at an exer
DEH.WS
$108K 0.01%
+150,000
New +$127K
TOIIW
107
The Oncology Institute Warrant
TOIIW
$4.36M
$106K 0.01%
62,500
– –
ALUS.WS
108
DELISTED
Alussa Energy Acquisition Corp Warrants
ALUS.WS
$90K ﹤0.01%
137,900
-12,100
-8% -$8.41K
CCAC.WS
109
DELISTED
CITIC Capital Acquisition Corp. Warrants, each whole warrant exercisable for one Class A ordinary sh
CCAC.WS
$38K ﹤0.01%
30,340
– –
BABA icon
110
PUT
Alibaba
BABA
$293B
– –
-373,500
Closed -$80.6M
CHPT icon
111
ChargePoint
CHPT
$141M
– –
-10,000
Closed -$2.01M
HYD icon
112
VanEck High Yield Muni ETF
HYD
$4.43B
– –
-273,814
Closed -$16.2M
LAUR icon
113
Laureate Education
LAUR
$5.28B
– –
-699,956
Closed -$6.97M
LAZR
114
DELISTED
Luminar Technologies
LAZR
– –
-40,000
Closed -$6.41M
MSFT icon
115
Microsoft
MSFT
$3.45T
– –
-147,551
Closed -$30M
PRCH icon
116
Porch Group
PRCH
$1.64B
– –
-724,000
Closed -$7.31M
RSI icon
117
Rush Street Interactive
RSI
$2.77B
– –
-222,000
Closed -$2.23M
FIRY
118
Firy Inc
FIRY
$148M
– –
-41,417
Closed -$9.1M
SPRU icon
119
Spruce Power Holding Corp
SPRU
$35.8M
– –
-99,158
Closed -$8.05M
CTEV
120
Claritev Corp
CTEV
$387M
– –
-21,610
Closed -$9.33M
DM
121
DELISTED
Desktop Metal, Inc.
DM
– –
-117,571
Closed -$12.3M
FSR
122
DELISTED
Fisker Inc.
FSR
– –
-1,562,026
Closed -$16.7M
RIDE
123
DELISTED
Lordstown Motors Corp. Class A Common Stock
RIDE
– –
-38,311
Closed -$5.92M
GNOG
124
DELISTED
Golden Nugget Online Gaming, Inc. Class A Common Stock
GNOG
– –
-319,000
Closed -$5.22M
TREB.U
125
DELISTED
Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one
TREB.U
– –
-1,000,000
Closed -$10.4M
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 Q3 2020 Portfolio in Review

As of Q3 2020, Fir Tree Capital Management held 141 positions worth $1.98B, up 54% from $1.29B the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Fir Tree Capital Management deployed $557M of net new capital in Q3 2020, opening 67 new positions and adding to 13 existing holdings. Its largest new stake was FirstEnergy: 4,357,500 shares worth $125M.

By sector, the portfolio is most concentrated in Utilities at 16% of assets, up from 14% a quarter earlier, followed by Financials and Technology.

On the sell side, the largest reduction was Dell, an estimated $27.2M trimmed.

  • Fir Tree Capital Management's largest Q3 2020 buy was FirstEnergy: 4,357,500 shares worth $125M.
  • Fir Tree Capital Management added most to RTX Corp in Q3 2020, an estimated $44.1M increase.
  • Fir Tree Capital Management's biggest Q3 2020 reduction was Dell, cutting an estimated $27.2M.
  • Fir Tree Capital Management fully exited Microsoft in Q3 2020, selling an estimated $30M.
  • Fir Tree Capital Management's ten largest holdings make up 46% of its $1.98B portfolio in Q3 2020.
  • Fir Tree Capital Management opened 67 new positions and closed 27 in Q3 2020.
  • Fir Tree Capital Management's portfolio value rose 54% quarter-over-quarter to $1.98B.

Based on Fir Tree Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.