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
+2.18%
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
$7.19B
AUM Growth
+$540M
Cap. Flow
-$2.89B
Cap. Flow %
-40.2%
Top 10 Hldgs %
41.23%
Holding
555
New
125
Increased
32
Reduced
29
Closed
60

Top Buys

Rank Stock Value
1
CADE
Cadence Bank
CADE
+$119M
2
CMA
Comerica
CMA
+$101M
3
GTLS
Chart Industries
GTLS
+$49.1M
4
CFLT
Confluent
CFLT
+$25.9M
5
EXAS
Exact Sciences
EXAS
+$24.7M

Top Sells

Rank Stock Value
1
VRNA
Verona Pharma
VRNA
+$167M
2
COOP
Mr. Cooper
COOP
+$66.4M
3
WNS
WNS Holdings
WNS
+$59.5M
4
K
Kellanova
K
+$25.8M
5
INFA
Informatica
INFA
+$22.7M

Sector Composition

Rank Sector Weight
1 Miscellaneous 80.89%
2 Financials 7.76%
3 Industrials 2.45%
4 Communication Services 2.43%
5 Healthcare 1.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PELIR
351
DELISTED
Pelican Acquisition Corp Right
PELIR
$34.5K ﹤0.01%
150,000
– –
LAFAR
352
LaFayette Acquisition Corp Rights
LAFAR
$33.8K ﹤0.01%
+250,000
New +$36.5K
BKHAR
353
Black Hawk Acquisition Corp Rights
BKHAR
$32.5K ﹤0.01%
25,000
– –
SSEAR
354
Starry Sea Acquisition Corp Rights
SSEAR
$32.2K ﹤0.01%
+150,000
New +$38.9K
HOVRW icon
355
New Horizon Aircraft Ltd
HOVRW
$10M
$31.9K ﹤0.01%
100,000
– –
SVACW
356
DELISTED
Spring Valley Acquisition Corp III Warrant
SVACW
$31.1K ﹤0.01%
+50,000
New +$39.7K
JENA.RT
357
Jena Acquisition Corp II Rights
JENA.RT
$29.4K ﹤0.01%
+150,000
New +$33.8K
KFIIR
358
K&F Growth Acquisition Corp II Rights
KFIIR
$29.3K ﹤0.01%
225,000
– –
POLEW
359
Andretti Acquisition Corp II Warrant
POLEW
$28.9K ﹤0.01%
100,000
– –
NUAIW
360
New Era Energy & Digital Inc Warrants
NUAIW
$16.8M
$28.6K ﹤0.01%
34,875
– –
CAPNR
361
Cayson Acquisition Corp Right
CAPNR
$28.5K ﹤0.01%
125,000
– –
INACR
362
Indigo Acquisition Corp Right
INACR
$27.8K ﹤0.01%
175,000
– –
CHPGR
363
ChampionsGate Acquisition Corp Rights
CHPGR
$27.8K ﹤0.01%
150,000
– –
RIBBR
364
Ribbon Acquisition Corp Rights
RIBBR
$27.5K ﹤0.01%
125,000
– –
CHECW
365
Chenghe Acquisition III Co Warrants
CHECW
$27.5K ﹤0.01%
+137,500
New +$26.2K
FCRS.WS
366
FutureCrest Acquisition Corp Warrants
FCRS.WS
$27.4K ﹤0.01%
+37,500
New +$29.2K
LATAW
367
Galata Acquisition Corp II Warrant
LATAW
$1.21M
$26.7K ﹤0.01%
+66,667
New +$27.6K
KOYNW
368
CSLM Digital Asset Acquisition Corp III Warrants
KOYNW
$3.72M
$26.3K ﹤0.01%
+75,000
New +$34.6K
DYORW
369
Insight Digital Partners II Warrants
DYORW
$1.81M
$24K ﹤0.01%
+72,841
New +$24.2K
BTMWW
370
DELISTED
Bitcoin Depot Inc Warrant
BTMWW
$24K ﹤0.01%
213,750
– –
WTGUR
371
Wintergreen Acquisition Corp Rights
WTGUR
$22.5K ﹤0.01%
150,000
– –
CCIIW
372
Cohen Circle Acquisition Corp II Warrant
CCIIW
$4.88M
$21.9K ﹤0.01%
31,249
– –
FIGXW
373
FIGX Capital Acquisition Corp Warrant
FIGXW
$1.35M
$20.6K ﹤0.01%
75,000
– –
CNCKW
374
Coincheck Group Warrant expiring 12/10/2029
CNCKW
$1.65M
$20K ﹤0.01%
50,079
– –
GTERR
375
Globa Terra Acquisition Corp Rights
GTERR
$19.5K ﹤0.01%
150,000
– –
13 14
15
16 17

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 Q4 2025 Portfolio in Review

As of Q4 2025, Whitebox Advisors held 555 positions worth $7.19B, up 8.1% from $6.65B the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Whitebox Advisors withdrew a net $2.89B in Q4 2025, closing 60 positions and reducing 29 holdings. Its most notable exit was Verona Pharma, an estimated $167M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 81% of assets, up from 80% a quarter earlier, followed by Financials and Industrials.

Against the trend, Whitebox Advisors opened a new position in Cadence Bank worth $129M.

  • Whitebox Advisors's largest Q4 2025 buy was Cadence Bank: 3,000,001 shares worth $129M.
  • Whitebox Advisors added most to Chart Industries in Q4 2025, an estimated $49.1M increase.
  • Whitebox Advisors's biggest Q4 2025 reduction was Gulfport Energy Corp, cutting an estimated $9.97M.
  • Whitebox Advisors fully exited Verona Pharma in Q4 2025, selling an estimated $167M.
  • Whitebox Advisors's ten largest holdings make up 41% of its $7.19B portfolio in Q4 2025.
  • Whitebox Advisors opened 125 new positions and closed 60 in Q4 2025.
  • Whitebox Advisors's portfolio value rose 8.1% quarter-over-quarter to $7.19B.

Based on Whitebox Advisors's 13F filing for Q4 2025, filed 17 Feb 2026.