TCM

Tenor Capital Management Portfolio holdings

AUM $7.02B

AUM

$7.02B

AUM Growth

-$108M (-2%)

Cap. Flow

+$278M

Cap. Flow % of AUM

3.97%

Top 10 Holdings %Top 10 Hldgs %

21.71%

Holding

345

New

Increased

Reduced

Closed

Top Buys

1	KFIIU K&F Growth Acquisition Corp. II Unit KFIIU	$20.2M
2	ATIIU Archimedes Tech SPAC Partners II Co. Unit ATIIU	$15.2M
3	LOKVU Live Oak Acquisition Corp. V Units LOKVU	$15.1M
4	HVIIU Hennessy Capital Investment Corp. VII Unit HVIIU	$15.1M
5	FERAU Fifth Era Acquisition Corp I Units FERAU	$15.1M

Top Sells

1	Groupon GRPN	$547K
2	Global Blue Group Holding AG Warrants exercisable for one Ordinary Share of Global Blue Group Holding AG at a price of $11.50 per share GB.WS	$22.2K

Sector Composition

1	Financials	1.77%
2	Healthcare	0.07%
3	Technology	0.02%
4	Communication Services	0.01%
5	Consumer Discretionary	0%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
51	51 BigBear.ai Holdings, Inc. Redeemable warrants, each full warrant exercisable for one share of common stock at an exercise price of $11.50 per share BBAI.WS $312M	$164K	0%	200,000	–	–
52	DRDBW 52 Roman DBDR Acquisition Corp. II Warrants DRDBW	$162K	0%	505,000	New	+$162K
53	BEAGR 53 Bold Eagle Acquisition Corp. Right BEAGR	$138K	0%	600,000	–	–
54	JACS.RT 54 Jackson Acquisition Company II Rights, each right to acquire one-tenth (1/10) of one Class A ordinary share JACS.RT	$100K	0%	400,000	New	+$100K
55	ALDFW 55 Aldel Financial II Inc. Warrants ALDFW	$93.9K	0%	312,900	–	–
56	MLACR 56 Mountain Lake Acquisition Corp. Right MLACR	$92.1K	0%	500,000	New	+$92.1K
57	RANGR 57 Range Capital Acquisition Corp. Rights RANGR	$85K	0%	500,000	New	+$85K
58	SVCCW 58 Stellar V Capital Corp. Warrant SVCCW	$74.3K	0%	337,589	New	+$74.3K
59	TDACW 59 Translational Development Acquisition Corp. Warrants TDACW	$63.5K	0%	317,699	New	+$63.5K
60	HONDW 60 HCM II Acquisition Corp. Warrant HONDW	$60.4K	0%	87,500	–	–
61	PLMKW 61 Plum Acquisition Corp. IV Warrants PLMKW	$57.6K	0%	350,000	New	+$57.6K
62	FACTW 62 FACT II Acquisition Corp. Warrant FACTW	$54K	0%	300,000	New	+$54K
63	UHGWW 63 United Homes Group, Inc. Warrant UHGWW $19.3M	$47.6K	0%	75,000	–	–
64	OACCW 64 Oaktree Acquisition Corp. III Life Sciences Warrant OACCW	$45K	0%	60,000	–	–
65	65 ADS-TEC Energy Warrant ADSEW $102M	$43.5K	0%	12,500	–	–
66	66 Satellogic Inc. Warrant SATLW $64.7M	$41.4K	0%	91,779	–	–
67	GRRRW 67 Gorilla Technology Group Inc. Warrant GRRRW $10.5M	$40.7K	0%	37,500	–	–
68	CCIXW 68 Churchill Capital Corp IX Warrant CCIXW	$40K	0%	50,000	–	–
69	ML.WS 69 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	$37.6K	0%	141,750	–	–
70	70 Ambipar Emergency Response Warrants AMBI.WS	$37.5K	0%	150,000	–	–
71	MBAVW 71 M3-Brigade Acquisition V Corp. Warrant MBAVW	$36.3K	0%	125,000	–	–
72	GRAF.WS 72 Graf Global Corp. Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share GRAF.WS $6.9M	$36K	0%	200,000	–	–
73	73 Japer Therapeutics, Inc. Warrants JSPRW $1.28M	$35.8K	0%	250,000	–	–
74	74 Alpha Tau Medical Warrant DRTSW $17.6M	$35.6K	0%	150,000	–	–
75	75 Global Blue Group Holding AG Warrants exercisable for one Ordinary Share of Global Blue Group Holding AG at a price of $11.50 per share GB.WS $4.2M	$33.3K	0%	1,500,000 -1,000,000	-40%	-$22.2K