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
BDMDW
601
Baird Medical Investment Holdings Warrant
BDMDW
$937 ﹤0.01%
23,250
– –
KIDZW
602
KIDZ AI Inc Warrants
KIDZW
$169K
$586 ﹤0.01%
46,500
– –
MRNOW
603
Murano Global Investments PLC Warrants
MRNOW
$120K
$350 ﹤0.01%
23,500
– –
DAICW
604
CID HoldCo Inc Warrants
DAICW
$110K
$286 ﹤0.01%
23,250
– –
AFB
605
AllianceBernstein National Municipal Income Fund
AFB
$291M
– –
-113,648
Closed -$1.21M
BN icon
606
Brookfield
BN
$82.9B
– –
-96,265
Closed -$3.9M
BTMWW
607
DELISTED
Bitcoin Depot Inc Warrant
BTMWW
– –
-213,750
Closed -$4.57K
CUK
608
DELISTED
Carnival PLC
CUK
– –
-1,300,036
Closed -$33.5M
CWEN.A
609
DELISTED
Clearway Energy Class A
CWEN.A
– –
-60,542
Closed -$2.37M
CXE
610
DELISTED
MFS High Income Municipal Trust
CXE
– –
-512,763
Closed -$1.9M
DC icon
611
Dakota Gold
DC
$778M
– –
-34,872
Closed -$176K
EWW icon
612
iShares MSCI Mexico ETF
EWW
$1.71B
– –
-23,965
Closed -$1.8M
EWZ icon
613
iShares MSCI Brazil ETF
EWZ
$8.6B
– –
-83,755
Closed -$3.22M
FMC icon
614
FMC
FMC
$1.41B
– –
-17,622
Closed -$303K
PPLI
615
People Inc
PPLI
$2.85B
– –
-217,383
Closed -$8.7M
IBIT icon
616
PUT
iShares Bitcoin Trust
IBIT
$59.8B
– –
-1,500,000
Closed -$57.6M
ILF icon
617
iShares Latin America 40 ETF
ILF
$3.92B
– –
-50,841
Closed -$1.81M
LEO
618
BNY Mellon Strategic Municipals
LEO
$361M
– –
-305,421
Closed -$1.92M
LITE icon
619
Lumentum
LITE
$75.3B
– –
-30,773
Closed -$21.6M
LUMN icon
620
Lumen
LUMN
$7.04B
– –
-20,000
Closed -$175K
MASI
621
DELISTED
Masimo
MASI
– –
-270,001
Closed -$48M
PRGO icon
622
Perrigo
PRGO
$1.88B
– –
-10,360
Closed -$111K
TERN
623
DELISTED
Terns Pharmaceuticals
TERN
– –
-1,000,001
Closed -$52.7M
TERN
624
PUT
DELISTED
Terns Pharmaceuticals
TERN
– –
-500,000
Closed -$26.4M
TSLA icon
625
PUT
Tesla
TSLA
$1.41T
– –
-75,000
Closed -$27.9M
23 24
25
26 27

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.