FBCM

Fort Baker Capital Management Portfolio holdings

AUM $469M

AUM

$469M

AUM Growth

-$145M (-24%)

Cap. Flow

+$146M

Cap. Flow % of AUM

31.08%

Top 10 Holdings %Top 10 Hldgs %

55.58%

Holding

New

Increased

Reduced

Closed

Top Buys

1	Ares Acquisition Corp II AACT	$53.1M
2	News Corp Class A NWSA	$27.8M
3	Dun & Bradstreet DNB	$25.9M
4	Spirit AeroSystems SPR	$17.8M
5	Nabors Energy Transition Corp II NETD	$8.92M

Top Sells

1	Enstar Group ESGR	$19.2M
2	CCIX Churchill Capital Corp IX Ordinary Shares CCIX	$5.46M
3	Frontier Communications FYBR	$5.17M
4	NESR National Energy Services Reunited Corp. Ordinary Shares NESR	$2.95M
5	BSII Black Spade Acquisition II Co Class A Ordinary Share BSII	$1.11M

Sector Composition

1	Financials	40.92%
2	Communication Services	15.63%
3	Industrials	5.92%
4	Energy	4.22%
5	Healthcare	0.73%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	DRDBW 26 Roman DBDR Acquisition Corp. II Warrants DRDBW	$129K	0.03%	402,823	New	+$129K
27	27 Haymaker Acquisition Corp. 4 Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share HYAC.WS	$84.8K	0.02%	404,605 -201,202	-33%	-$42.2K
28	BSIIW 28 DELISTED Black Spade Acquisition II Co Warrant BSIIW	$63.9K	0.01%	290,366 -32,278	-10%	-$7.1K
29	29 Ares Acquisition Corp II Redeemable Warrants AACT.WS	$0	0%	0 -322,934	Closed	–
30	30 Allete ALE $3.75B	$0	0%	0 -266,984	Closed	–
31	31 CXApp Inc. Warrant CXAIW $1.5M	$0	0%	0 -25,975	Closed	–
32	DESP 32 DELISTED Despegar.com DESP	$0	0%	0 -499,156	Closed	–
33	33 ESH Acquisition Corp. Right ESHAR	$0	0%	0 -305,145	Closed	–
34	34 Evolent Health EVH $971M	$0	0%	0 -269,168	Closed	–
35	35 Everi Holdings EVRI $1.23B	$0	0%	0 -320,131	Closed	–
36	36 Liberty Media Series A FWONA $21.7B	$0	0%	0 -175,857	Closed	–
37	37 Hess HES $44B	$0	0%	0 -119,257	Closed	–
38	38 Juniper Networks JNPR $12B	$0	0%	0	–	–
39	39 Kellanova K $27.7B	$0	0%	0 -535,479	Closed	–
40	40 Liberty Broadband Class C LBRDK $13.2B	$0	0%	0 -374,907	Closed	–
41	41 Omnicom Group OMC $13.6B	$0	0%	0 -90,000	Closed	–
42	42 Walgreens Boots Alliance WBA $9.85B	$0	0%	0	–	–
43	ALDFW 43 Aldel Financial II Inc. Warrants ALDFW	$0	0%	0 -278,949	Closed	–
44	DRDBU 44 Roman DBDR Acquisition Corp. II Unit DRDBU $210M	$0	0%	0 -1,000,000	Closed	–
45	BERY 45 DELISTED Berry Global Group, Inc. BERY	$0	0%	0 -348,588	Closed	–
46	ML.WS 46 DELISTED MoneyLion Inc. Warrants, each whole warrant exercisable 1/30th of a share of Class A common stock at an exercise price of $345.00 per whole share ML.WS	$0	0%	0 -289,473	Closed	–
47	SKGRW 47 DELISTED SK Growth Opportunities Corporation Warrant SKGRW	$0	0%	0 -2,163,213	Closed	–
48	SKGR 48 DELISTED SK Growth Opportunities Corporation Class A Common Stock SKGR	$0	0%	0 -970,000	Closed	–
49	ZUO 49 DELISTED Zuora, Inc. ZUO	$0	0%	0 -924,162	Closed	–
50	CDMO 50 DELISTED Avid Bioservices, Inc. Common Stock CDMO	$0	0%	0 -375,146	Closed	–