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
TWOA
151
DELISTED
two
TWOA
– –
-118,046
Closed -$1.25M
LIBY
152
DELISTED
Liberty Resources Acquisition Corp. Class A Common Stock
LIBY
– –
-371,759
Closed -$4.07M
IRRX
153
DELISTED
Integrated Rail and Resources Acquisition Corp.
IRRX
– –
-396,490
Closed -$4.36M
EAC
154
DELISTED
Edify Acquisition Corp. Class A Common Stock
EAC
– –
-134,812
Closed -$1.5M
VAQC
155
DELISTED
Vector Acquisition Corporation II Class A Ordinary Shares
VAQC
– –
-424,346
Closed -$4.48M
ARIZ
156
DELISTED
Arisz Acquisition Corp. Common Stock
ARIZ
– –
-491,612
Closed -$5.36M
ACAH
157
DELISTED
Atlantic Coastal Acquisition Corp. Class A Common Stock
ACAH
– –
-803,362
Closed -$8.47M
SHAP
158
DELISTED
Spree Acquisition Corp. 1 Limited
SHAP
– –
-200,000
Closed -$2.17M
VHAQ
159
DELISTED
Viveon Health Acquisition Corp.
VHAQ
– –
-42,694
Closed -$482K
CPTK
160
DELISTED
Crown PropTech Acquisitions
CPTK
– –
-383,179
Closed -$4.08M
HHLA
161
DELISTED
HH&L Acquisition Co.
HHLA
– –
-416,105
Closed -$4.61M
NSTB
162
DELISTED
Northern Star Investment Corp. II
NSTB
– –
-120,391
Closed -$1.24M
OPA
163
DELISTED
Magnum Opus Acquisition Limited
OPA
– –
-421,638
Closed -$4.55M
CSTA
164
DELISTED
Constellation Acquisition Corp I
CSTA
– –
-288,677
Closed -$3.19M
AILE
165
DELISTED
iLearningEngines, Inc. Common Stock
AILE
– –
-214,089
Closed -$2.24M
BLEU
166
DELISTED
bleuacacia ltd Class A Ordinary Shares
BLEU
– –
-150,000
Closed -$1.6M
AFJKU
167
Aimei Health Technology Co Unit
AFJKU
$72M
– –
-215,000
Closed -$2.19M
3 4 5 6
7

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.