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
+1.95%
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
$1.26B
AUM Growth
-$683M
Cap. Flow
-$658M
Cap. Flow %
-52.26%
Top 10 Hldgs %
16.73%
Holding
392
New
56
Increased
76
Reduced
72
Closed
109

Top Buys

Rank Stock Value
1
AIRJ
Montana Technologies Corp
AIRJ
+$8.36M
2
SBXC.U
SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant
SBXC.U
+$8.07M
3
IVCA
Investcorp India Acquisition Corp
IVCA
+$6.86M
4
DTI icon
Drilling Tools International
DTI
+$6.32M
5
STI icon
Solidion Technology
STI
+$6.03M

Top Sells

Rank Stock Value
1
NAAC
North Atlantic Acquisition Corporation Class A Ordinary Share
NAAC
+$30.2M
2
CMCSA icon
Comcast
CMCSA
+$29.2M
3
FCNCA icon
First Citizens BancShares
FCNCA
+$27.5M
4
PYPL icon
PayPal
PYPL
+$24.2M
5
WPCB
Warburg Pincus Capital Corporation I-B
WPCB
+$18.7M

Sector Composition

Rank Sector Weight
1 Financials 65.22%
2 Technology 12.96%
3 Industrials 8%
4 Materials 3.28%
5 Healthcare 2.39%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
QTI
201
QT Imaging Holdings
QTI
$37M
$1.65M 0.13%
+156,924
New +$1.63M
PSPC
202
DELISTED
Post Holdings Partnering Corporation
PSPC
$1.65M 0.13%
163,042
– –
IVCB
203
DELISTED
Investcorp Europe Acquisition Corp I Class A Ordinary Shares
IVCB
$1.65M 0.13%
157,446
-341,772
-68% -$3.55M
NPWR icon
204
NET Power
NPWR
$126M
$1.6M 0.13%
156,630
-54,061
-26% -$553K
ZLS
205
DELISTED
Zalatoris II Acquisition Corp Class A Ordinary Shares
ZLS
$1.58M 0.13%
154,569
– –
HWH icon
206
HWH International
HWH
$11M
$1.54M 0.12%
30,000
– –
NCAC
207
DELISTED
Newcourt Acquisition Corp Class A Ordinary Share
NCAC
$1.53M 0.12%
145,300
-253,200
-64% -$2.64M
DIST
208
DELISTED
Distoken Acquisition Corp
DIST
$1.53M 0.12%
+150,000
New +$1.52M
EAC
209
DELISTED
Edify Acquisition Corp. Class A Common Stock
EAC
$1.52M 0.12%
148,001
– –
SPY icon
210
State Street SPDR S&P 500 ETF Trust
SPY
$790B
$1.5M 0.12%
3,668
– –
PLTN
211
DELISTED
Plutonian Acquisition Corp. Common Stock
PLTN
$1.48M 0.12%
+145,000
New +$1.47M
PTHRU
212
DELISTED
Pono Capital Three, Inc. Unit
PTHRU
$1.48M 0.12%
+145,000
New +$1.48M
CCTS
213
DELISTED
Cactus Acquisition Corp. 1 Limited Class A Ordinary Share
CCTS
$1.43M 0.11%
137,331
+38,031
+38% +$395K
ATMC
214
DELISTED
AlphaTime Acquisition Corp
ATMC
$1.43M 0.11%
+140,000
New +$1.42M
GDNR
215
DELISTED
Gardiner Healthcare Acquisitions Corp. Common Stock
GDNR
$1.39M 0.11%
132,638
– –
ARYE
216
DELISTED
ARYA Sciences Acquisition Corp V Class A Ordinary Shares
ARYE
$1.39M 0.11%
135,552
+51,200
+61% +$519K
LQD icon
217
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
$1.37M 0.11%
+12,500
New +$1.35M
CITE
218
DELISTED
Cartica Acquisition Corp Class A Ordinary Shares
CITE
$1.37M 0.11%
129,724
-48,586
-27% -$508K
AONC
219
DELISTED
American Oncology Network, Inc. Class A Common Stock
AONC
$1.27M 0.1%
125,000
-387,278
-76% -$3.93M
EONR
220
EON Resources
EONR
$25.3M
$1.21M 0.1%
+116,250
New +$1.2M
MTRY
221
DELISTED
Monterey Innovation Acquisition Corp. Common Stock
MTRY
$1.21M 0.1%
113,247
– –
NSTB
222
DELISTED
Northern Star Investment Corp. II
NSTB
$1.21M 0.1%
120,391
-215,357
-64% -$2.15M
EMCG
223
DELISTED
Embrace Change Acquisition Corp
EMCG
$1.19M 0.09%
114,215
+19,215
+20% +$199K
LCW
224
DELISTED
Learn CW Investment Corporation Class A Ordinary Shares
LCW
$1.16M 0.09%
112,700
– –
BSAQ
225
DELISTED
Black Spade Acquisition Co
BSAQ
$1.11M 0.09%
+108,500
New +$1.1M
7 8
9
10 11

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 2023 Portfolio in Review

As of Q1 2023, Fir Tree Capital Management held 392 positions worth $1.26B, down 35% from $1.94B the previous quarter. Its ten largest holdings account for 17% of the portfolio.

Fir Tree Capital Management withdrew a net $658M in Q1 2023, closing 109 positions and reducing 72 holdings. Its most notable exit was North Atlantic Acquisition Corporation Class A Ordinary Share, an estimated $30.2M position sold in full.

By sector, the portfolio is most concentrated in Financials at 65% of assets, up from 63% a quarter earlier, followed by Technology and Industrials.

Against the trend, Fir Tree Capital Management opened a new position in Montana Technologies Corp worth $8.41M.

  • Fir Tree Capital Management's largest Q1 2023 buy was Montana Technologies Corp: 820,575 shares worth $8.41M.
  • Fir Tree Capital Management added most to Investcorp India Acquisition Corp in Q1 2023, an estimated $6.86M increase.
  • Fir Tree Capital Management's biggest Q1 2023 reduction was Bolt Projects Holdings, cutting an estimated $17.2M.
  • Fir Tree Capital Management fully exited North Atlantic Acquisition Corporation Class A Ordinary Share in Q1 2023, selling an estimated $30.2M.
  • Fir Tree Capital Management's ten largest holdings make up 17% of its $1.26B portfolio in Q1 2023.
  • Fir Tree Capital Management opened 56 new positions and closed 109 in Q1 2023.
  • Fir Tree Capital Management's portfolio value fell 35% quarter-over-quarter to $1.26B.

Based on Fir Tree Capital Management's 13F filing for Q1 2023, filed 15 May 2023.