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Livermore
Livermore
ZHEN

Whitebox Advisors LLC

SEC CIK
0001257391
Latest filing
Aug 14, 2026

Holdings in Q4 2022

Holdings as of Dec 31, 2022, filed Aug 26, 2026. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
743
−205 vs. Q3 2022
Portfolio value
$2.68B
−$921.4M (−25.6%) vs. Q3 2022
Filed
Aug 26, 2026
AmendedSECSEC
Holdings of Whitebox Advisors LLC in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
Thrive Acquisition CorporatiG7158C101CLASS A ORD50,000$515.0K<0.1%00.0%Unchanged–
USCTRoth CH Acquisition Co.CLASS A ORD50,000$515.0K<0.1%00.0%UnchangedHistory
IVCBInvest Acquisition CorpCLASS A ORD SHS50,000$515.0K<0.1%00.0%UnchangedHistory
Trine II Acquisition Corp.G9059F100CL A ORD SHS50,000$515.3K<0.1%00.0%Unchanged–
Ap Acquisition CorpG04058106CL A ORD SHS50,000$516.0K<0.1%00.0%Unchanged–
Andretti Acquisition CorpG26735103CL A ORD SHS50,000$516.3K<0.1%00.0%Unchanged–
PHYTPyrophyte Acquisition Corp.CL A ORD SHS50,000$516.5K<0.1%00.0%UnchangedHistory
Cascadia Acquisition Corp.14739D100CLASS A COM56,001$561.1K<0.1%00.0%Unchanged–
PNSTPinstripes Holdings, Inc.CL A COM55,000$561.5K<0.1%00.0%UnchangedHistory
Powered BrandsG7209M108CL A60,450$610.5K<0.1%00.0%Unchanged–
FNVTFinnovate Acquisition Corp.CLASS A ORD SHS60,000$615.6K<0.1%00.0%UnchangedHistory
CCOClear Channel Outdoor Holdings, Inc.COM589,522$619.0K<0.1%+133,361+29.2%AddedHistory
BZHBeazer Homes USA IncCOM NEW49,387$630.2K<0.1%−25,000−33.6%ReducedHistory
OVVOvintiv Inc.COM12,455$631.6K<0.1%00.0%UnchangedHistory
Ftac Zeus Acquisition Cor30320F106CLASS A COM65,000$654.5K<0.1%00.0%Unchanged–
Zimmer Energy Transition Acq989570106COM CL A68,331$679.9K<0.1%00.0%Unchanged–
XIFRXPLR Infrastructure, LPCOM UNIT PART IN9,800$686.9K<0.1%+9,800NewHistory
Lead Edge Growth Oprtunts LTG54085108COM69,000$694.8K<0.1%00.0%Unchanged–
Independence Holdings CorpG4761A101CLASS A ORD SHS69,000$695.5K<0.1%00.0%Unchanged–
Blueriver Acquisition CorpG1261Q107SHS CL A69,000$696.2K<0.1%00.0%Unchanged–
Tailwind Internatnal Acq CorG8662F101COM CL A69,000$696.2K<0.1%00.0%Unchanged–
Fintech Evolution Acquis GroG3R19A104SHS CL A69,000$696.9K<0.1%00.0%Unchanged–
VPC Impact Acquisition HldgG9460L126CLASS A ORD69,039$697.3K<0.1%00.0%Unchanged–
Crown PropTech AcquisitionsG25741102SHS CL A69,000$697.6K<0.1%00.0%Unchanged–
Pioneer Merger Corp.G7S24C103CL A SHS69,000$699.7K<0.1%00.0%Unchanged–
TB SA Acquisition CorpG8657L105CLASS A ORD SHS70,651$712.2K<0.1%00.0%Unchanged–
Corazon Capital V838 MonocerG24237102CLASS A ORD SHS71,000$715.7K<0.1%00.0%Unchanged–
Iconic Sports Acquisition Corp.G4712C107CL A ORD SHS70,000$723.8K<0.1%00.0%Unchanged–
CSTAFConstellation Acquisition Corp ISHS CL A71,800$725.9K<0.1%00.0%UnchangedHistory
HWELHealthwell Acquisition Corp. ICLASS A COM75,000$743.3K<0.1%00.0%UnchangedHistory
Alpha Healthcare Acqu Corp I02073F104CLASS A COM75,000$743.8K<0.1%00.0%Unchanged–
WPCAWarburg Pincus Capital Corp I-ASHS CL A74,259$750.0K<0.1%00.0%UnchangedHistory
LOCCLive Oak Crestview Climate Acquisition Corp.CL A COM75,600$752.2K<0.1%00.0%UnchangedHistory
Alpha Partners Tech Mergr CoG63290111CLASS A ORD SHS75,000$752.3K<0.1%00.0%Unchanged–
Monterey Cap Acquisition Cor61244M109CLASS A COM75,000$752.3K<0.1%00.0%Unchanged–
Orion Biotech Opportuntes CoG6780C109CLASS A ORD SHS75,000$753.8K<0.1%00.0%Unchanged–
ROCLRoth CH Acquisition V Co.COM75,000$758.3K<0.1%00.0%UnchangedHistory
Ibere PharmaceuticalsG46843101SHS CL A75,246$759.2K<0.1%00.0%Unchanged–
St Energy Transition I LtdG8465L107CL A ORD SHS75,000$766.5K<0.1%00.0%Unchanged–
Jaguar Global Growth Corp IG5S11A106CLASS A ORD SHS75,000$766.5K<0.1%00.0%Unchanged–
EONREON Resources Inc.COM CL A75,000$767.3K<0.1%00.0%UnchangedHistory
Roc Energy Acquisition Corp77118V108COMMON STOCK75,000$768.0K<0.1%00.0%Unchanged–
FEXDFintech Ecosystem Development Corp.CLASS A COM75,000$768.8K<0.1%00.0%UnchangedHistory
NFNTInfinite Acquisition Corp.CL A ORD SHS75,000$768.8K<0.1%00.0%UnchangedHistory
TLGYTlgy Acquisition CorpCLASS A ORD SHS75,000$769.5K<0.1%00.0%UnchangedHistory
Nabors Energy Transition Cor629567108CL A COM75,000$770.3K<0.1%00.0%Unchanged–
ENTFEnterprise 4.0 Technology Acquisition CorpCLASS A ORD SHS75,000$771.0K<0.1%00.0%UnchangedHistory
Green Visor Fin Tec Acq CorpG4166K100CLASS A ORD75,000$777.8K<0.1%00.0%Unchanged–
GoGreen Investments CorpG9461B101ORD SHS CL A75,000$778.5K<0.1%00.0%Unchanged–
Lazard Growth Acquisition CoG54035103SHS78,172$789.5K<0.1%00.0%Unchanged–
SLVMSylvamo CorpCOMMON STOCK17,334$842.3K<0.1%+17,334NewHistory
Skydeck Acquisition Corp.G82220123CLASS A ORD SHS84,641$851.5K<0.1%00.0%Unchanged–
MERCMercer International Inc.COM74,387$865.9K<0.1%+12,000+19.2%AddedHistory
Colombier Acquisition Corp19533H108CL A87,832$873.0K<0.1%00.0%Unchanged–
Khosla Ventures Acqut Co III482506102COM CL A92,000$915.9K<0.1%00.0%Unchanged–
ACAHAtlantic Coastal Acquisition Corp.CLASS A COM92,000$921.4K<0.1%00.0%UnchangedHistory
NSTDNorthern Star Investment Corp. IVCOM CL A92,000$924.6K<0.1%00.0%UnchangedHistory
TWOAtwoCOM CL A92,000$926.4K<0.1%00.0%UnchangedHistory
BNAIBrand Engagement Network Inc.CLASS A ORD SHS92,000$926.4K<0.1%00.0%UnchangedHistory
DISADisruptive Acquisition Corp ICLASS A ORD SHS92,000$927.4K<0.1%00.0%UnchangedHistory
Tio Tech AG8T10C106CLASS A ORD SHS92,000$927.4K<0.1%00.0%Unchanged–
Agile Growth Corp.G01202103CLASS A ORD92,000$928.3K<0.1%00.0%Unchanged–
VAQCVector Acquisition Corp IICL A SHS92,000$929.2K<0.1%00.0%UnchangedHistory
AEACAuthentic Equity Acquisition Corp.CL A SHS92,000$930.1K<0.1%00.0%UnchangedHistory
Peridot Acquisition Corp. IIG7008B105SHS CL A92,000$930.1K<0.1%00.0%Unchanged–
SLAMSlam Corp.CL A SHS92,000$930.1K<0.1%00.0%UnchangedHistory
PBFPBF Energy Inc.CL A22,977$937.0K<0.1%−4,000−14.8%ReducedHistory
Armada Acquisition Corp. I04208V103COM93,000$941.2K<0.1%00.0%Unchanged–
Golden Arrow Merger Corp380799106CLASS A COM94,000$941.4K<0.1%00.0%Unchanged–
FCAXFortress Capital Acquisition CorpSHS CL A93,600$945.4K<0.1%00.0%UnchangedHistory
NSTCNorthern Star Investment Corp. IIICOM CL A94,571$950.4K<0.1%00.0%UnchangedHistory
RRyder System IncCOM11,419$954.3K<0.1%−1,000−8.1%ReducedHistory
Noble Rock Acquisition CorpG6546R101CL A SHS94,752$957.0K<0.1%00.0%Unchanged–
Veea Inc.G7134L126CLASS A ORD SHS96,000$967.7K<0.1%00.0%Unchanged–
Deep Lake Capital Acqustn CoG27029100CL A SHS96,000$968.6K<0.1%00.0%Unchanged–
Tech and Energy Transition87823R102CLASS A COM98,400$987.0K<0.1%00.0%Unchanged–
Arctos Northstar Acquis CorpG0477L100SHS CL A98,000$988.8K<0.1%00.0%Unchanged–
MSDAMSD Acquisition Corp.CLASS A ORD SHS98,199$990.8K<0.1%00.0%UnchangedHistory
B Riley Prin 250 Merger Corp05602L104CLASS A COM100,000$996.0K<0.1%00.0%Unchanged–
FLDFold Holdings, Inc.COM CL A100,000$1.00M<0.1%00.0%UnchangedHistory
Pontem CorporationG71707106SHS CL A99,200$1.00M<0.1%00.0%Unchanged–
HPLTHome Plate Acquisition CorpCL A COM100,000$1.00M<0.1%00.0%UnchangedHistory
NFYSEnphys Acquisition Corp.CL A ORD SHS100,000$1.00M<0.1%00.0%UnchangedHistory
Jaws Juggernaut Acquisitn CoG50735102CLASS A ORD SHS100,000$1.01M<0.1%00.0%Unchanged–
ATEKAthena Technology Acquisition Corp. IICL A COM100,000$1.01M<0.1%00.0%UnchangedHistory
BLEUbleuacacia ltdCLASS A ORD SHS100,000$1.01M<0.1%00.0%UnchangedHistory
Power & Digital Infrastructu73919C100CLASS A COM100,000$1.01M<0.1%00.0%Unchanged–
Accretion Acquisition Corp00438Y107COM100,052$1.01M<0.1%00.0%Unchanged–
Clean Earth Acquisitions Cor184493104CLASS A COM100,000$1.01M<0.1%00.0%Unchanged–
SVF Investment Corp.G8601L102CL A SHS100,000$1.01M<0.1%00.0%Unchanged–
RF Acquisition Corp74954L104CLASS A COM100,000$1.01M<0.1%00.0%Unchanged–
G Squared Ascend II IncG42041106COM CL A100,000$1.01M<0.1%00.0%Unchanged–
VMG Consumer Acquisition Cor91842V102CLASS A COM100,000$1.01M<0.1%00.0%Unchanged–
Heartland Media Acquisition Corp.42237V108CL A COM100,000$1.02M<0.1%00.0%Unchanged–
CMCAFPiermont Valley Acquisition CorpCLASS A ORD SHS98,529$1.02M<0.1%00.0%UnchangedHistory
SGIISeaport Global Acquisition II Corp.CLASS A COM100,000$1.02M<0.1%00.0%UnchangedHistory
FG Merger Corp30324Y101COMMON STOCK100,000$1.02M<0.1%00.0%Unchanged–
Galata Acquisition CorpG3R23A108SHS CL A100,000$1.02M<0.1%00.0%Unchanged–
BMACBlack Mountain Acquisition Corp.CL A COM100,000$1.02M<0.1%00.0%UnchangedHistory
C5 Acquisition Corporation12530D105CL A COM100,000$1.02M<0.1%00.0%Unchanged–

Options (29)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Whitebox Advisors LLC in Q4 2022
SecurityClassPutsCalls
AALAmerican Airlines Group Inc.Stock$127.8M–
SPYSPDR S&P 500 ETF TrustETF$114.7M–
CATCaterpillar IncStock$95.8M–
DEDeere & CoStock$85.8M–
HONHoneywell International IncCOM$85.7M–
RCLRoyal Caribbean Cruises LtdCOM$69.2M–
VanEck Semiconductor ETF92189F676ETF$50.7M–
AAPLApple Inc.Stock$39.0M–
CCLCarnival Corp Ltd.UNIT 99/99/9999$36.3M–
BYNDBeyond Meat, Inc.COM$30.3M–
UALUnited Airlines Holdings, Inc.COM$29.0M–
ITWIllinois Tool Works IncStock$22.0M–
DISHDISH Network CORPCL A$19.7M–
FSRFisker Inc.CL A COM STK$16.5M–
WWayfair Inc.CL A$16.4M–
ProShares Bitcoin ETF74347G440ETF$15.6M–
RIGTransocean Ltd.REGISTERED SHS$11.4M–
RACEFerrari N.V.COM$10.7M–
MUMicron Technology IncStock$10.0M–
Norwegian Cruise Line Hldg LG66721954PUT$9.18M–
TRIPTripAdvisor, Inc.COM$8.99M–
LCIDLucid Group, Inc.COM$8.20M–
NUENucor CorpCOM$6.59M–
NVDANVIDIA CorpStock$5.85M–
UPSTUpstart Holdings, Inc.COM$3.97M–
MSTRStrategy IncStock$2.97M–
PSECProspect Capital CorpCOM$2.17M–
RDFNRedfin CorpCOM–$1.06M
BBBY20230930-DK-Butterfly-1, Inc.COM$1.00M–

Sold out since Q3 2022 (236)

Positions held at the end of Q3 2022 that are gone from this filing.

The largest 100 of 236 by value last quarter.

Positions of Whitebox Advisors LLC sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
Square Inc852234AD5NOTE 0.500% 5/1–$80.1M2.2%–
Blackline, Inc.09239BAD1NOTE 3/1–$33.4M0.9%–
Huazhu Group Ltd16949NAC3NOTE 0.375%11/0–$33.0M0.9%–
UALUnited Airlines Holdings, Inc.COM770,000$25.0M0.7%History
RCLRoyal Caribbean Cruises LtdCOM650,000$24.6M0.7%History
BYNDBeyond Meat, Inc.COM1,470,000$20.8M0.6%History
Vanguard Intermediate-Term Corporate Bond ETF92206C870ETF240,000$18.2M0.5%–
Twitter, Inc.90184LAF9NOTE 0.250% 6/1–$17.4M0.5%–
WWayfair Inc.CL A500,000$16.3M0.5%History
Cloudflare, Inc.18915MAC1NOTE 8/1–$16.2M0.4%–
FSRFisker Inc.CL A COM STK1,867,300$14.1M0.4%History
DISHDISH Network CORPCL A1,000,000$13.8M0.4%History
CCLCarnival Corp Ltd.UNIT 99/99/99991,850,000$13.0M0.4%History
TRIPTripAdvisor, Inc.COM500,000$11.0M0.3%History
RACEFerrari N.V.COM50,000$9.25M0.3%History
Carnival Corp143658BE1NOTE 5.750% 4/0–$8.66M0.2%–
GoPro, Inc.38268TAD5NOTE 1.250%11/1–$8.38M0.2%–
TWTRTwitter, Inc.COM183,590$8.05M0.2%History
Li Auto Inc.50202MAB8NOTE 0.250% 5/0–$7.70M0.2%–
RIGTransocean Ltd.REGISTERED SHS3,000,000$7.41M0.2%History
LCIDLucid Group, Inc.COM500,000$6.99M0.2%History
Oyster Enterprises Acq Corp69242M104COM CL A560,004$5.53M0.2%–
NVDANVIDIA CorpStock40,000$4.86M0.1%History
Mount Rainier Acquisition Corp.623006103COM450,000$4.54M0.1%–
Pinduoduo Inc722304AC6NOTE 12/0–$4.49M0.1%–
SOHUSohu.com LtdSPONSORED ADS231,994$3.73M0.1%History
Parabellum Acquisition Corp.69901P109COM CL A375,000$3.71M0.1%–
Verde Clean Fuels, Inc.15130M102CLASS A ORD SHS355,500$3.59M0.1%–
SPRSpirit AeroSystems Holdings, Inc.COM CL A150,000$3.29M0.1%History
Shelter Acquisition Corp I822821104CLASS A COM325,000$3.22M0.1%–
FVIVFortress Value Acquisition Corp. IVCOM CL A322,000$3.17M0.1%History
DTRT Health Acquisition Corp23344T103COM CL A300,000$3.05M0.1%–
FuboTV Inc.35953DAB0NOTE 3.250% 2/1–$3.02M0.1%–
SEPASEP Acquisition Corp.CLASS A COM298,899$2.97M0.1%History
DHB Capital Corp23291W109CL A COM299,446$2.95M0.1%–
Global Consumer Acquisitn Co37892B108COM275,000$2.81M0.1%–
GTIGraphjet TechnologyCLASS A ORD SHS275,000$2.79M0.1%History
CNGLCanna-Global Acquisition CorpCLASS A COM275,000$2.78M0.1%History
Empowerment & Inclusion Capi29248N100COM CL A276,000$2.73M0.1%–
Tishman Speyer Innovation Co88825H100COM CL A276,000$2.72M0.1%–
Digital Health Acquisition C253893101COMMON STOCK250,000$2.53M0.1%–
WRACWilliams Rowland Acquisition Corp.COM250,000$2.52M0.1%History
TRUGTruGolf Holdings, Inc.CLASS A COM250,000$2.52M0.1%History
Athlon Acquisition Corp04748A106COM CL A255,000$2.52M0.1%–
Spotify USA Inc84921RAB6NOTE 3/1–$2.35M0.1%–
ALNYAlnylam Pharmaceuticals, Inc.COM11,300$2.26M0.1%History
KL Acquisition Corp49837C109COM CL A223,168$2.21M0.1%–
Industrial Human Capital, Inc.45617P104COM200,000$2.03M0.1%–
Crypto 1 Acquisition CorpG3168A102CLASS A ORD200,000$2.01M0.1%–
PONDAngel Pond Holdings CorpSHS CL A200,000$1.97M0.1%History
LCALandcadia Holdings IV, Inc.CLASS A COM186,000$1.83M0.1%History
Accelerate Acquisition Corp.00439D102COM CL A184,000$1.80M0.1%–
ZVSAZyVersa Therapeutics, Inc.CLASS A COM176,900$1.77M<0.1%History
CYCUCycurion, Inc.COM175,000$1.74M<0.1%History
Marblegate Acquisition Corp.56608A105COM CL A175,000$1.74M<0.1%–
Belong Acquisition Corp.08069M102CLASS A COM175,000$1.73M<0.1%–
Healthcare Services Acqu Cor42227K104COM CL A171,000$1.70M<0.1%–
Interprivate IV Infratech PR46064T102CLASS A COM171,551$1.69M<0.1%–
Sierra Lake Acquisition Corp.826332108CLASS A COM163,766$1.64M<0.1%–
Austerlitz Acquisition CorpG0633D109SHS CL A165,000$1.62M<0.1%–
KKR Acquisition Holding I Co48253T109COM CLASS A161,000$1.58M<0.1%–
MAQCMaquia Capital Acquisition CorpCLASS A COM150,400$1.55M<0.1%History
Syntec Optics Holdings, Inc.68218C108CLASS A COM150,000$1.51M<0.1%–
FXCOFinancial Strategies Acquisition Corp.CLASS A COM150,000$1.50M<0.1%History
Apeiron Capital Invest Corp03752A101CL A COM150,000$1.50M<0.1%–
Endurance Acquisition Corp.G3041W107CL A ORD150,000$1.50M<0.1%–
Future Health ESG Corp.36118W102COM150,000$1.50M<0.1%–
AAGRAfrican Agriculture Holdings Inc.COM CL A150,000$1.50M<0.1%History
Proptech Investment Corp II743497109COM CL A150,210$1.50M<0.1%–
OSIOsiris Acquisition Corp.CL A150,000$1.47M<0.1%History
BSKYBig Sky Growth Partners, Inc.CLASS A COM150,000$1.47M<0.1%History
Social Capital Hedosopha HLDG8251L105SHS CL A146,000$1.46M<0.1%–
ADER26 Capital Acquisition Corp.COM CL A140,400$1.39M<0.1%History
Monument Circle Acquisitn Co61531M101COM CL A140,000$1.38M<0.1%–
CFIVCF Acquisition Corp. IVCOM CL A138,000$1.37M<0.1%History
Epiphany Technology Acquisit29429X109COM CL A138,000$1.36M<0.1%–
One Equity Partners Open WTR68237L105CL A138,000$1.36M<0.1%–
Gores Technology Partners II38287L107CLASS A COM138,000$1.35M<0.1%–
Mission Advancement Corp60501L101CL A138,000$1.35M<0.1%–
Austerlitz Acquisition CorpG0633U101COM CL A138,000$1.35M<0.1%–
Recharge Acquisition Corp756229100COM CL A127,997$1.29M<0.1%–
Hunt Companies AcquisitioG46482108CL ACOM125,000$1.27M<0.1%–
Parsec Capital Acquisition70184A108CL A125,000$1.26M<0.1%–
Relativity Acquisition Corp75944B106CLASS A COM125,000$1.25M<0.1%–
Gores Holdings VII Inc38286T101COM CL A118,606$1.17M<0.1%–
Hamilton Lane Alliance Hldgs40749M103COM CL A112,297$1.11M<0.1%–
Ushg Acquisition Corp91748P100COM CL A105,600$1.04M<0.1%–
OneMedNet Corp237699103CLASS A COM100,000$1.04M<0.1%–
ROSERose Hill Acquisition CorpCLASS A ORD100,000$1.01M<0.1%History
NCACNewcourt Acquisition CorpCLASS A ORD SHS100,000$1.01M<0.1%History
Athena Consumer Acq Corp04684M106CL A100,000$1.01M<0.1%–
Social Leverage Acquisn Corp83363K102COM CL A100,000$983.0K<0.1%–
ALTIAlTi Global, Inc.CL A SHS97,754$969.0K<0.1%History
Velocity Acquisition Corp92259E104COM CL A96,800$952.0K<0.1%–
Sportstek Acquisition Corp849196100COM CL A96,000$945.0K<0.1%–
SCOAScION Tech Growth ICL A SHS93,936$937.0K<0.1%History
NOVVNova Vision Acquisition CorpCOM91,156$932.0K<0.1%History
Fortistar Sustainable Sol Co34962M106COM CL A94,000$930.0K<0.1%–
Science Strategic Acq Alpha808641104COM CL A94,000$927.0K<0.1%–
Joff Fintech Acquisition Cor46592C100COM CL A94,000$926.0K<0.1%–