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
-0.45%
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
$3.7B
AUM Growth
+$737M
Cap. Flow
+$666M
Cap. Flow %
18%
Top 10 Hldgs %
14.79%
Holding
810
New
234
Increased
135
Reduced
53
Closed
86

Top Buys

Rank Stock Value
1
CNH
CNH Industrial
CNH
+$39.6M
2
ZBH icon
Zimmer Biomet
ZBH
+$31.8M
3
POST icon
Post Holdings
POST
+$31.8M
4
CHGG icon
Chegg
CHGG
+$30.6M
5
MIC
Macquarie Infrastructure Holdings, LLC
MIC
+$28.4M

Top Sells

Rank Stock Value
1
ABBV icon
AbbVie
ABBV
+$57.8M
2
ELV icon
Elevance Health
ELV
+$22.7M
3
OUT icon
Outfront Media
OUT
+$20.1M
4
FWONK icon
Liberty Media Series C
FWONK
+$18.2M
5
CNC icon
Centene
CNC
+$14.5M

Sector Composition

Rank Sector Weight
1 Financials 54.03%
2 Healthcare 6.43%
3 Technology 6.41%
4 Industrials 5.86%
5 Consumer Staples 3.69%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CIT
1
DELISTED
CIT Group Inc.
CIT
$96.3M 2.6%
1,876,330
+205,363
+12% +$10.5M
HIG icon
2
Hartford Financial Services
HIG
$39.3B
$59.8M 1.62%
865,774
+117,421
+16% +$8.28M
POST icon
3
Post Holdings
POST
$4.27B
$59M 1.6%
800,238
+463,236
+137% +$31.8M
OUT icon
4
Outfront Media
OUT
$5.72B
$53.5M 1.45%
2,025,483
-781,199
-28% -$20.1M
KAHC
5
DELISTED
KKR Acquisition Holdings I Corp.
KAHC
$49.5M 1.34%
5,086,709
+1,250,000
+33% +$12.2M
BHC icon
6
Bausch Health
BHC
$1.69B
$49.5M 1.34%
1,794,155
+184,495
+11% +$4.94M
PRPB
7
DELISTED
CC Neuberger Principal Holdings II Class A Ordinary Shares
PRPB
$47M 1.27%
4,752,314
+65,527
+1% +$647K
CNH
8
CNH Industrial
CNH
$14.2B
$43.7M 1.18%
+2,584,299
New +$39.6M
ZBH icon
9
Zimmer Biomet
ZBH
$18.5B
$42.2M 1.14%
342,220
+243,105
+245% +$31.8M
SIX
10
DELISTED
Six Flags Entertainment Corp.
SIX
$37.2M 1%
872,562
+7,621
+0.9% +$318K
CNC icon
11
Centene
CNC
$31.6B
$34.5M 0.93%
418,935
-197,422
-32% -$14.5M
JWSM
12
DELISTED
Jaws Mustang Acquisition Corp.
JWSM
$32.5M 0.88%
3,331,294
+1,082,228
+48% +$10.6M
NAAC
13
DELISTED
North Atlantic Acquisition Corporation Class A Ordinary Share
NAAC
$31.4M 0.85%
3,201,486
– –
ASZ
14
DELISTED
Austerlitz Acquisition Corporation II
ASZ
$30.4M 0.82%
3,123,860
+491,033
+19% +$4.8M
PPC icon
15
Pilgrim's Pride
PPC
$7.09B
$29M 0.78%
1,026,944
+291,872
+40% +$8.31M
TMUS icon
16
T-Mobile US
TMUS
$196B
$28.9M 0.78%
248,953
+7,859
+3% +$925K
OPTU
17
Optimum Communications Inc
OPTU
$298M
$28.2M 0.76%
1,743,648
+31,925
+2% +$541K
SABR icon
18
Sabre
SABR
$743M
$27.7M 0.75%
3,228,464
– –
FE icon
19
FirstEnergy
FE
$28.7B
$27.7M 0.75%
664,838
– –
NFYS
20
DELISTED
Enphys Acquisition Corp.
NFYS
$26.8M 0.72%
+2,778,700
New +$26.9M
PCPC
21
DELISTED
Periphas Capital Partnering Corporation
PCPC
$26.5M 0.72%
1,088,186
– –
APGB
22
DELISTED
Apollo Strategic Growth Capital II
APGB
$26.2M 0.71%
2,681,385
+139,452
+5% +$1.36M
AAC
23
DELISTED
Ares Acquisition Corporation
AAC
$26.1M 0.71%
2,678,662
+698,616
+35% +$6.84M
XBI icon
24
State Street SPDR S&P Biotech ETF
XBI
$10.1B
$25.2M 0.68%
225,000
+41,236
+22% +$4.97M
GOAC
25
DELISTED
GO Acquisition Corp. Class A Common Stock
GOAC
$24.7M 0.67%
2,513,568
+622,263
+33% +$6.12M
1
2 3 4 5

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 2021 Portfolio in Review

As of Q4 2021, Fir Tree Capital Management held 810 positions worth $3.7B, up 25% from $2.96B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

Fir Tree Capital Management deployed $666M of net new capital in Q4 2021, opening 234 new positions and adding to 135 existing holdings. Its largest new stake was CNH Industrial: 2,584,299 shares worth $43.7M.

By sector, the portfolio is most concentrated in Financials at 54% of assets, up from 51% a quarter earlier, followed by Healthcare and Technology.

On the sell side, the largest reduction was Outfront Media, an estimated $20.1M trimmed.

  • Fir Tree Capital Management's largest Q4 2021 buy was CNH Industrial: 2,584,299 shares worth $43.7M.
  • Fir Tree Capital Management added most to Zimmer Biomet in Q4 2021, an estimated $31.8M increase.
  • Fir Tree Capital Management's biggest Q4 2021 reduction was Outfront Media, cutting an estimated $20.1M.
  • Fir Tree Capital Management fully exited AbbVie in Q4 2021, selling an estimated $57.8M.
  • Fir Tree Capital Management's ten largest holdings make up 15% of its $3.7B portfolio in Q4 2021.
  • Fir Tree Capital Management opened 234 new positions and closed 86 in Q4 2021.
  • Fir Tree Capital Management's portfolio value rose 25% quarter-over-quarter to $3.7B.

Based on Fir Tree Capital Management's 13F filing for Q4 2021, filed 14 Feb 2022.