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
+4.76%
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
$605M
AUM Growth
-$352M
Cap. Flow
-$354M
Cap. Flow %
-58.45%
Top 10 Hldgs %
40.58%
Holding
238
New
18
Increased
14
Reduced
102
Closed
92

Top Buys

Rank Stock Value
1
CNNE icon
Cannae Holdings
CNNE
+$15.3M
2
M icon
Macy's
M
+$10.9M
3
NATL icon
NCR Atleos
NATL
+$10.3M
4
SIX
Six Flags Entertainment Corp.
SIX
+$4.97M
5
ANSCU
Agriculture & Natural Solutions Acquisition Corp Unit
ANSCU
+$4.04M

Top Sells

Rank Stock Value
1
PCG icon
PG&E
PCG
+$28.2M
2
VYX icon
NCR Voyix
VYX
+$22.3M
3
NFYS
Enphys Acquisition Corp.
NFYS
+$21.7M
4
AAC
Ares Acquisition Corporation
AAC
+$16.4M
5
APGB
Apollo Strategic Growth Capital II
APGB
+$15.8M

Sector Composition

Rank Sector Weight
1 Financials 41.66%
2 Consumer Discretionary 9.54%
3 Technology 8.5%
4 Industrials 7.32%
5 Healthcare 2.77%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ALCE
176
DELISTED
Alternus Clean Energy Inc
ALCE
– –
-13,222
Closed -$3.49M
PLMJ
177
DELISTED
Plum Acquisition Corp. III Class A Ordinary Shares
PLMJ
– –
-165,229
Closed -$1.75M
PPYAW
178
DELISTED
Papaya Growth Opportunity Corp. I Warrant
PPYAW
– –
-445,750
Closed -$24.7K
CSLM
179
DELISTED
CSLM Acquisition Corp. Class A Ordinary Share
CSLM
– –
-290,136
Closed -$3.1M
PRLH
180
DELISTED
Pearl Holdings Acquisition Corp Class A Ordinary Shares
PRLH
– –
-32,665
Closed -$350K
HAIA
181
DELISTED
Healthcare AI Acquisition Corp. Class A Ordinary Shares
HAIA
– –
-195,634
Closed -$2.17M
QOMO
182
DELISTED
Qomolangma Acquisition Corp. Common Stock
QOMO
– –
-331,400
Closed -$3.51M
GAQ
183
DELISTED
Generation Asia I Acquisition Limited Class A Ordinary Shares
GAQ
– –
-460,094
Closed -$4.94M
SEDA
184
DELISTED
SDCL EDGE Acquisition Corporation
SEDA
– –
-94,226
Closed -$999K
GRDI
185
DELISTED
GRIID Infrastructure Inc. Common Stock
GRDI
– –
-221,123
Closed -$2.4M
PHYT
186
DELISTED
Pyrophyte Acquisition Corp.
PHYT
– –
-188,481
Closed -$2.06M
XFIN
187
DELISTED
ExcelFin Acquisition Corp Class A Common Stock
XFIN
– –
-180,000
Closed -$1.92M
BACA
188
DELISTED
Berenson Acquisition Corp. I
BACA
– –
-69,598
Closed -$714K
NNAGU
189
DELISTED
99 Acquisition Group Inc Unit
NNAGU
– –
-50,000
Closed -$519K
NBST
190
DELISTED
Newbury Street Acquisition Corporation Common Stock
NBST
– –
-405,972
Closed -$4.26M
TCOA
191
DELISTED
Zalatoris Acquisition Corp.
TCOA
– –
-310,000
Closed -$3.27M
FEXD
192
DELISTED
Fintech Ecosystem Development Corp. Class A Common Stock
FEXD
– –
-335,492
Closed -$3.58M
SPEC
193
DELISTED
Spectaire Holdings, Inc. Common Stock
SPEC
– –
-43,972
Closed -$489K
TRIS
194
DELISTED
Tristar Acquisition I Corp.
TRIS
– –
-310,364
Closed -$3.32M
PLTN
195
DELISTED
Plutonian Acquisition Corp. Common Stock
PLTN
– –
-128,700
Closed -$1.36M
DSAQ
196
DELISTED
Direct Selling Acquisition Corp.
DSAQ
– –
-488,178
Closed -$5.29M
ASCA
197
DELISTED
A SPAC I Acquisition Corp. Class A Ordinary Share
ASCA
– –
-215,317
Closed -$2.33M
ROSS
198
DELISTED
Ross Acquisition Corp II
ROSS
– –
-201,538
Closed -$2.17M
LCAA
199
DELISTED
L Catterton Asia Acquisition Corp Class A Ordinary Shares
LCAA
– –
-350,000
Closed -$3.72M
CHEA
200
DELISTED
Chenghe Acquisition Co. Class A Ordinary Share
CHEA
– –
-231,279
Closed -$2.5M
6 7
8
9 10

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 Q4 2023 Portfolio in Review

As of Q4 2023, Fir Tree Capital Management held 238 positions worth $605M, down 37% from $957M the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Fir Tree Capital Management withdrew a net $354M in Q4 2023, closing 92 positions and reducing 102 holdings. Its most notable exit was PG&E, an estimated $28.2M position sold in full.

By sector, the portfolio is most concentrated in Financials at 42% of assets, down from 56% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Fir Tree Capital Management opened a new position in Cannae Holdings worth $16.4M.

  • Fir Tree Capital Management's largest Q4 2023 buy was Cannae Holdings: 840,000 shares worth $16.4M.
  • Fir Tree Capital Management added most to Goldenstone Acquisition Limited Common Stock in Q4 2023, an estimated $1.88M increase.
  • Fir Tree Capital Management's biggest Q4 2023 reduction was Enphys Acquisition Corp., cutting an estimated $21.7M.
  • Fir Tree Capital Management fully exited PG&E in Q4 2023, selling an estimated $28.2M.
  • Fir Tree Capital Management's ten largest holdings make up 41% of its $605M portfolio in Q4 2023.
  • Fir Tree Capital Management opened 18 new positions and closed 92 in Q4 2023.
  • Fir Tree Capital Management's portfolio value fell 37% quarter-over-quarter to $605M.

Based on Fir Tree Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.