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
-1.58%
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
$190M
AUM Growth
-$224M
Cap. Flow
-$221M
Cap. Flow %
-115.94%
Top 10 Hldgs %
51.73%
Holding
134
New
22
Increased
16
Reduced
34
Closed
46

Top Buys

Rank Stock Value
1
AR icon
Antero Resources
AR
+$7.36M
2
FORL
Four Leaf Acquisition Corp
FORL
+$2.76M
3
NNAG
99 Acquisition Group Inc
NNAG
+$2.35M
4
ARYD
ARYA Sciences Acquisition Corp IV Class A Odinary Shares
ARYD
+$2.34M
5
BUJA
Bukit Jalil Global Acquisition 1
BUJA
+$2.05M

Top Sells

Rank Stock Value
1
SIX
Six Flags Entertainment Corp.
SIX
+$16.4M
2
KBR icon
KBR
KBR
+$8.73M
3
ODP
ODP
ODP
+$7.64M
4
FRLA
Fortune Rise Acquisition Corporation Class A Common Stock
FRLA
+$5.53M
5
NATL icon
NCR Atleos
NATL
+$5.42M

Sector Composition

Rank Sector Weight
1 Financials 36.82%
2 Consumer Discretionary 12.04%
3 Technology 4.53%
4 Energy 3.86%
5 Industrials 3.26%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PLMJ
101
DELISTED
Plum Acquisition Corp. III Class A Ordinary Shares
PLMJ
– –
-135,700
Closed -$1.45M
GODN
102
DELISTED
Golden Star Acquisition Corporation Ordinary Shares
GODN
– –
-504,222
Closed -$5.36M
IVCB
103
DELISTED
Investcorp Europe Acquisition Corp I Class A Ordinary Shares
IVCB
– –
-50,271
Closed -$567K
BFAC
104
DELISTED
Battery Future Acquisition Corp.
BFAC
– –
-340,351
Closed -$3.74M
GLLI
105
DELISTED
Globalink Investment Inc. Common Stock
GLLI
– –
-27,506
Closed -$301K
IGTA
106
DELISTED
Inception Growth Acquisition Limited Common Stock
IGTA
– –
-95,877
Closed -$1.04M
ROCL
107
DELISTED
Roth CH Acquisition V Co. Common Stock
ROCL
– –
-174,931
Closed -$1.91M
RCFA
108
DELISTED
Perception Capital Corp. IV
RCFA
– –
-72,000
Closed -$804K
FRLA
109
DELISTED
Fortune Rise Acquisition Corporation Class A Common Stock
FRLA
– –
-497,043
Closed -$5.53M
NPAB
110
DELISTED
New Providence Acquisition Corp. II Class A Common Stock
NPAB
– –
-135,999
Closed -$1.47M
XFIN
111
DELISTED
ExcelFin Acquisition Corp Class A Common Stock
XFIN
– –
-27,800
Closed -$304K
AOGO
112
DELISTED
Arogo Capital Acquisition Corp. Class A Common Stock
AOGO
– –
-173,574
Closed -$1.87M
CVII
113
DELISTED
Churchill Capital Corp VII Class A Common Stock
CVII
– –
-123,675
Closed -$1.32M
AACI
114
DELISTED
Armada Acquisition Corp. I Common Stock
AACI
– –
-268,604
Closed -$2.98M
CETU
115
DELISTED
Cetus Capital Acquisition Corp. Class A Common Stock
CETU
– –
-78,268
Closed -$830K
NFYS
116
DELISTED
Enphys Acquisition Corp.
NFYS
– –
-433,337
Closed -$4.69M
OCAX
117
DELISTED
OCA Acquisition Corp. Class A Common Stock
OCAX
– –
-166,744
Closed -$1.8M
BLUA
118
DELISTED
BlueRiver Acquisition Corp.
BLUA
– –
-52,908
Closed -$575K
CHAA
119
DELISTED
Catcha Investment Corp
CHAA
– –
-117,677
Closed -$1.33M
SIX
120
DELISTED
Six Flags Entertainment Corp.
SIX
– –
-625,000
Closed -$16.4M
BWAQ
121
DELISTED
Blue World Acquisition Corporation Class A Ordinary Shares
BWAQ
– –
-38,131
Closed -$426K
APCA
122
DELISTED
AP Acquisition Corp
APCA
– –
-295,467
Closed -$3.33M
QDRO
123
DELISTED
Quadro Acquisition One Corp. Class A Ordinary Shares
QDRO
– –
-115,555
Closed -$1.27M
ACBA
124
DELISTED
Ace Global Business Acquisition Ltd
ACBA
– –
-101,409
Closed -$1.22M
KYCH
125
DELISTED
Keyarch Acquisition Corporation Ordinary Shares
KYCH
– –
-70,600
Closed -$770K
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 Q2 2024 Portfolio in Review

As of Q2 2024, Fir Tree Capital Management held 134 positions worth $190M, down 54% from $414M the previous quarter. Its ten largest holdings account for 52% of the portfolio.

Fir Tree Capital Management withdrew a net $221M in Q2 2024, closing 46 positions and reducing 34 holdings. Its most notable exit was Six Flags Entertainment Corp., an estimated $16.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 37% of assets, up from 26% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Fir Tree Capital Management opened a new position in Antero Resources worth $7.34M.

  • Fir Tree Capital Management's largest Q2 2024 buy was Antero Resources: 225,000 shares worth $7.34M.
  • Fir Tree Capital Management added most to Four Leaf Acquisition Corp in Q2 2024, an estimated $2.76M increase.
  • Fir Tree Capital Management's biggest Q2 2024 reduction was Advance Auto Parts, cutting an estimated $3.58M.
  • Fir Tree Capital Management fully exited Six Flags Entertainment Corp. in Q2 2024, selling an estimated $16.4M.
  • Fir Tree Capital Management's ten largest holdings make up 52% of its $190M portfolio in Q2 2024.
  • Fir Tree Capital Management opened 22 new positions and closed 46 in Q2 2024.
  • Fir Tree Capital Management's portfolio value fell 54% quarter-over-quarter to $190M.

Based on Fir Tree Capital Management's 13F filing for Q2 2024, filed 14 Aug 2024.