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
GSAH.U
126
DELISTED
GS Acquisition Holdings Corp II Units, each consisting of one share of Class A Common Stock and one-
GSAH.U
– –
-500,000
Closed -$5.25M
WPF.U
127
DELISTED
Foley Trasimene Acquisition Corp.
WPF.U
– –
-1,800,000
Closed -$19.2M
HECCU
128
DELISTED
Hudson Executive Investment Corp. Units
HECCU
– –
-1,000,000
Closed -$10.2M
JWS.U
129
DELISTED
Jaws Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one red
JWS.U
– –
-1,798,095
Closed -$18.8M
SBE.WS
130
DELISTED
Switchback Energy Acquisition Corporation Warrants, exercisable for one share of Class A Common Stoc
SBE.WS
– –
-231,732
Closed -$183K
IPOC.U
131
DELISTED
Social Capital Hedosophia Holdings Corp. III Units, each consisting of one Class A ordinary share an
IPOC.U
– –
-796,898
Closed -$9.46M
DMYT.WS
132
DELISTED
dMY Technology Group, Inc. Redeemable Warrants, each whole warrant exercisable for one share of Clas
DMYT.WS
– –
-111,000
Closed -$170K
IPOB.U
133
DELISTED
Social Capital Hedosophia Holdings Corp. II Units, each consisting of one Class A ordinary share and
IPOB.U
– –
-443,603
Closed -$5.57M
GMHIW
134
DELISTED
Gores Metropoulos, Inc. Warrant
GMHIW
– –
-163,037
Closed -$318K
FVAC.U
135
DELISTED
Fortress Value Acquisition Corp. Units, each consisting of one share of Class A common stock and one
FVAC.U
– –
-450,000
Closed -$4.63M
CCXX.WS
136
DELISTED
Churchill Capital Corp III Warrants, each exercisable for one share of Class A common stock at an ex
CCXX.WS
– –
-166,095
Closed -$498K
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.