We are live on ! Find out more
WA

Whitebox Advisors Portfolio holdings

AUM $7.65B
1-Year Est. Return 13.87%
This Fund
S&P 500
This Quarter Est. Return
+1.93%
1 Year Est. Return
+13.87%
3 Year Est. Return
+24.22%
5 Year Est. Return
+33.25%
10 Year Est. Return
+180.55%
AUM
$7.65B
AUM Growth
-$592M
Cap. Flow
-$3.5B
Cap. Flow %
-45.77%
Top 10 Hldgs %
31.69%
Holding
745
New
163
Increased
24
Reduced
37
Closed
79

Top Buys

Rank Stock Value
1
TECH icon
Bio-Techne
TECH
+$113M
2
CZR icon
Caesars Entertainment
CZR
+$92.1M
3
SMCIP
Super Micro Computer Depositary Shares 7% Series A Preferred Stock
SMCIP
+$75.2M
4
AZUL
Azul S.A.
AZUL
+$73.8M
5
APGE
Apogee Therapeutics
APGE
+$40.5M

Top Sells

Rank Stock Value
1
GTLS
Chart Industries
GTLS
+$137M
2
TERN
Terns Pharmaceuticals
TERN
+$52.7M
3
LBRDK
Liberty Broadband Class C
LBRDK
+$49.6M
4
MASI
Masimo
MASI
+$48M
5
CUK
Carnival PLC
CUK
+$33.5M

Sector Composition

Rank Sector Weight
1 Miscellaneous 76.5%
2 Financials 9.04%
3 Healthcare 5.77%
4 Industrials 2.04%
5 Energy 1.79%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPY icon
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$796B
$373M 4.88%
500,000
– –
PEN icon
2
Penumbra
PEN
$12.6B
$160M 2.09%
506,881
+61,880
+14% +$20M
IWM icon
3
PUT
iShares Russell 2000 ETF
IWM
$77.3B
$150M 1.96%
500,000
-250,000
-33% -$70.3M
TECH icon
4
Bio-Techne
TECH
$11.4B
$148M 1.94%
+2,100,001
New +$113M
NVDA icon
5
PUT
NVIDIA
NVDA
$5.43T
$140M 1.83%
700,000
-100,000
-13% -$20.6M
NBIS
6
PUT
Nebius Group N.V.
NBIS
$64.5B
$138M 1.8%
500,000
– –
SMCI icon
7
PUT
Super Micro Computer
SMCI
$28.4B
$120M 1.57%
4,100,000
-500,000
-11% -$15.9M
WBS
8
DELISTED
Webster Financial
WBS
$119M 1.56%
1,560,001
-365,000
-19% -$26.5M
CZR icon
9
Caesars Entertainment
CZR
$6.03B
$102M 1.33%
3,379,426
+3,266,261
+2,886% +$92.1M
TSM icon
10
PUT
TSMC
TSM
$2.34T
$95.5M 1.25%
200,000
– –
MU icon
11
PUT
Micron Technology
MU
$1.22T
$92.3M 1.21%
+80,000
New +$60M
AZUL
12
Azul S.A.
AZUL
$1.14B
$75.2M 0.98%
+8,362,136
New +$73.8M
SMCIP
13
Super Micro Computer Depositary Shares 7% Series A Preferred Stock
SMCIP
$5.42B
$72.7M 0.95%
+1,400,000
New +$75.2M
AAPL icon
14
PUT
Apple
AAPL
$4.98T
$72.3M 0.95%
250,000
+50,000
+25% +$14.3M
SMH icon
15
PUT
VanEck Semiconductor ETF
SMH
$78.3B
$65.6M 0.86%
+100,000
New +$54.6M
VAL icon
16
Valaris
VAL
$5.62B
$61.8M 0.81%
850,696
+266,759
+46% +$24.8M
APGE
17
DELISTED
Apogee Therapeutics
APGE
$59.7M 0.78%
+450,001
New +$40.5M
GPOR icon
18
Gulfport Energy Corp
GPOR
$2.73B
$46.6M 0.61%
274,627
+55,000
+25% +$9.93M
TFPM icon
19
Triple Flag Precious Metals
TFPM
$6.63B
$45.5M 0.59%
1,518,950
– –
WBD icon
20
Warner Bros
WBD
$77.4B
$40.7M 0.53%
1,525,001
-90,000
-6% -$2.43M
CRWV
21
PUT
CoreWeave
CRWV
$48.3B
$39.8M 0.52%
+400,000
New +$43.2M
MARA icon
22
PUT
Marathon Digital Holdings
MARA
$4.85B
$39.3M 0.51%
2,831,500
-1,537,700
-35% -$19.2M
ORCL.PRD
23
Oracle Corp Preferred Stock Series D
ORCL.PRD
$36M 0.47%
800,000
-100,000
-11% -$5.37M
HEI.A icon
24
HEICO Corp Class A
HEI.A
$32.4B
$34.1M 0.45%
132,104
+7,367
+6% +$1.68M
NUVL
25
DELISTED
Nuvalent
NUVL
$34M 0.44%
+275,001
New +$29.6M
1
2 3 4 5

Similar funds

SIAU
SB Investment Advisers (UK) London, United Kingdom $7.66B AUM 20.12% 1-Year Est. Return
SC
Sapient Capital Indianapolis, Indiana $7.64B AUM 51.51% 1-Year Est. Return
SCB
Saudi Central Bank Riyadh, Saudi Arabia $7.63B AUM 53.44% 1-Year Est. Return
AC
Aristeia Capital Greenwich, Connecticut $7.69B AUM 15.48% 1-Year Est. Return
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors Minneapolis, Minnesota $7.61B AUM 16.44% 1-Year Est. Return
BFM
Boothbay Fund Management New York $7.6B AUM 109.3% 1-Year Est. Return
CG
Carmignac Gestion Paris, France $7.71B AUM 4.02% 1-Year Est. Return
CGH
Crossmark Global Holdings Houston, Texas $7.71B AUM 37.66% 1-Year Est. Return

Whitebox Advisors's Q2 2026 Portfolio in Review

As of Q2 2026, Whitebox Advisors held 745 positions worth $7.65B, down 7.2% from $8.24B the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Whitebox Advisors withdrew a net $3.5B in Q2 2026, closing 79 positions and reducing 37 holdings. Its most notable exit was Terns Pharmaceuticals, an estimated $52.7M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 77% of assets, down from 81% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Whitebox Advisors opened a new position in Bio-Techne worth $148M.

  • Whitebox Advisors's largest Q2 2026 buy was Bio-Techne: 2,100,001 shares worth $148M.
  • Whitebox Advisors added most to Caesars Entertainment in Q2 2026, an estimated $92.1M increase.
  • Whitebox Advisors's biggest Q2 2026 reduction was Chart Industries, cutting an estimated $137M.
  • Whitebox Advisors fully exited Terns Pharmaceuticals in Q2 2026, selling an estimated $52.7M.
  • Whitebox Advisors's ten largest holdings make up 32% of its $7.65B portfolio in Q2 2026.
  • Whitebox Advisors opened 163 new positions and closed 79 in Q2 2026.
  • Whitebox Advisors's portfolio value fell 7.2% quarter-over-quarter to $7.65B.

Based on Whitebox Advisors's 13F filing for Q2 2026, filed 14 Aug 2026.