We are live on
!
Find out more
Whitebox Advisors Portfolio holdings
AUM
$7.65B
Turnover
32.48%
1-Year Est. Return
13.87%
This Fund
S&P 500
This Quarter
Est. Return
+2.03%
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
$8.24B
AUM Growth
+$1.05B
(+15%)
Cap. Flow
-$3.91B
Cap. Flow
% of AUM
-47.46%
Top 10 Holdings %
Top 10 Hldgs %
49.22%
Holding
660
New
173
Increased
24
Reduced
29
Closed
87
Avg Time Held Equity + Options
0.8
years
Top 10 Avg Time Held Equity + Options
0.6
years
Top 20 Avg Time Held Equity + Options
1
year
Avg Time Held Equity only
0.8
years
Top 10 Avg Time Held Equity only
0.4
years
Top 20 Avg Time Held Equity only
0.5
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Penumbra
PEN
|
+$151M |
| 2 |
Webster Financial
WBS
|
+$132M |
| 3 |
Valaris
VAL
|
+$45.5M |
| 4 |
Oracle Corp Preferred Stock Series D
ORCL.PRD
|
+$42.5M |
| 5 |
Masimo
MASI
|
+$42.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cadence Bank
CADE
|
+$129M |
| 2 |
Comerica
CMA
|
+$109M |
| 3 |
CyberArk
CYBR
|
+$76.3M |
| 4 |
Confluent
CFLT
|
+$31.9M |
| 5 |
Exact Sciences
EXAS
|
+$31.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 80.53% |
| 2 | Financials | 7.07% |
| 3 | Healthcare | 3.57% |
| 4 | Industrials | 2.5% |
| 5 | Communication Services | 2.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
Talon Capital Corp
TLNC
$347M
| $3.06M | 0.04% |
300,000
| – | – |
2025 Q4
1 quarter
|
|
127
Bausch Health
BHC
$2.36B
| $3.05M | 0.04% |
564,672
+20,175
| +4% | +$121K |
2022 Q3
14 quarters
|
|
128
Pyrophyte Acquisition Corp II
PAII
$281M
| $3.04M | 0.04% |
300,000
| – | – |
2025 Q3
2 quarters
|
|
129
Pioneer Acquisition I Corp
PACH
$295M
| $3.04M | 0.04% |
300,000
| – | – |
2025 Q3
2 quarters
|
|
130
Colombier Acquisition Corp III
CLBR
$405M
| $3.02M | 0.04% |
+300,000
| New | +$3.02M |
2026 Q1
0 quarters
|
|
131
Proem Acquisition Corp I Units
PAACU
| $3M | 0.04% |
+300,000
| New | +$3M |
2026 Q1
0 quarters
|
|
132
ClearThink 1 Acquisition Corp Units
CTAAU
$158M
| $3M | 0.04% |
+300,000
| New | +$2.99M |
2026 Q1
0 quarters
|
|
133
Paloma Acquisition Corp I Units
PALOU
| $2.99M | 0.04% |
+300,000
| New | +$2.99M |
2026 Q1
0 quarters
|
|
134
Caesars Entertainment
CZR
$5.96B
| $2.99M | 0.04% |
113,165
+9,087
| +9% | +$216K |
2025 Q3
2 quarters
|
|
135
Evolution Global Acquisition Corp
EVOX
$324M
| $2.99M | 0.04% |
+300,000
| New | +$2.99M |
2026 Q1
0 quarters
|
|
136
Apex Treasury Corp
APXT
$466M
| $2.98M | 0.04% |
300,000
| – | – |
2025 Q4
1 quarter
|
|
137
Abony Acquisition Corp I Units
AACOU
$210M
| $2.98M | 0.04% |
+300,000
| New | +$2.98M |
2026 Q1
0 quarters
|
|
138
General Purpose Acquisition Corp
GPAC
$298M
| $2.97M | 0.04% |
+300,000
| New | +$2.97M |
2026 Q1
0 quarters
|
|
139
Legato Merger Corp IV
LEGO
$313M
| $2.97M | 0.04% |
+300,000
| New | +$2.97M |
2026 Q1
0 quarters
|
|
140
Vine Hill Capital Investment Corp II
VHCP
| $2.97M | 0.04% |
+300,000
| New | +$2.98M |
2026 Q1
0 quarters
|
|
141
American Drive Acquisition Co
ADAC
$289M
| $2.97M | 0.04% |
+300,000
| New | +$2.97M |
2026 Q1
0 quarters
|
|
142
Launchpad Cadenza Acquisition Corp I
LPCV
$291M
| $2.97M | 0.04% |
+300,000
| New | +$2.98M |
2026 Q1
0 quarters
|
|
143
Activate Energy Acquisition Corp
AEAQ
$316M
| $2.97M | 0.04% |
+300,000
| New | +$2.97M |
2026 Q1
0 quarters
|
|
144
Meshflow Acquisition Corp
MESH
$434M
| $2.97M | 0.04% |
+300,000
| New | +$2.97M |
2026 Q1
0 quarters
|
|
145
Silicon Valley Acquisition Corp
SVAQ
$298M
| $2.97M | 0.04% |
+300,000
| New | +$2.97M |
2026 Q1
0 quarters
|
|
146
White Pearl Acquisition Corp
WPAC
$158M
| $2.96M | 0.04% |
+300,000
| New | +$2.97M |
2026 Q1
0 quarters
|
|
147
Chenghe Acquisition III Co
CHEC
$178M
| $2.77M | 0.03% |
275,000
| – | – |
2025 Q4
1 quarter
|
|
148
Newbridge Acquisition Ltd
NBRG
| $2.76M | 0.03% |
+280,000
| New | +$2.77M |
2026 Q1
0 quarters
|
|
149
Global X MSCI Colombia ETF
COLO
$201M
| $2.73M | 0.03% |
69,042
+3,942
| +6% | +$156K |
2025 Q2
3 quarters
|
|
150
Black Spade Acquisition III Co
BIII
$231M
| $2.72M | 0.03% |
+276,200
| New | +$2.74M |
2026 Q1
0 quarters
|
|
Similar funds
Whitebox Advisors's Q1 2026 Portfolio in Review
As of Q1 2026, Whitebox Advisors held 660 positions worth $8.24B, up 15% from $7.19B the previous quarter. Its ten largest holdings account for 49% of the portfolio.
Whitebox Advisors withdrew a net $3.91B in Q1 2026, closing 87 positions and reducing 29 holdings. Its most notable exit was Cadence Bank, an estimated $129M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 81% of assets, down from 81% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Whitebox Advisors opened a new position in Penumbra worth $146M.
- Whitebox Advisors's largest Q1 2026 buy was Penumbra: 445,001 shares worth $146M.
- Whitebox Advisors added most to Chart Industries in Q1 2026, an estimated $41.2M increase.
- Whitebox Advisors's biggest Q1 2026 reduction was Fox Class B, cutting an estimated $19.8M.
- Whitebox Advisors fully exited Cadence Bank in Q1 2026, selling an estimated $129M.
- Whitebox Advisors's ten largest holdings make up 49% of its $8.24B portfolio in Q1 2026.
- Whitebox Advisors opened 173 new positions and closed 87 in Q1 2026.
- Whitebox Advisors's portfolio value rose 15% quarter-over-quarter to $8.24B.
Based on Whitebox Advisors's 13F filing for Q1 2026, filed 15 May 2026.