Skip to main content
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
Aura Fat Projs Acquisition CG06362100CLASS A ORD200,000$2.05M0.1%00.0%Unchanged–
IQMDIntelligent Medicine Acquisition Corp.CLASS A COM200,000$2.06M0.1%00.0%UnchangedHistory
Semnur Pharmaceuticals, Inc.G6256B106CLASS A ORD200,000$2.06M0.1%00.0%Unchanged–
Innovative Intl Acqusitin CoG4809M109CLASS A ORD200,000$2.06M0.1%00.0%Unchanged–
JMACMaxpro Capital Acquisition Corp.CLASS A COM200,000$2.07M0.1%00.0%UnchangedHistory
Genesis GRWT Tech Acqustn CoG3R23D102CLASS A ORD SHS200,000$2.07M0.1%00.0%Unchanged–
Ares Acquisition CorporationG33032106COM CL A207,000$2.08M0.1%00.0%Unchanged–
WPCBWarburg Pincus Capital Corp I-BSHS CL A209,000$2.11M0.1%00.0%UnchangedHistory
Bandwidth Inc.05988JAD5NOTE 0.500% 4/0–$2.18M0.1%–New–
Forum Merger IV Corp349875104CLASS A COM220,064$2.21M0.1%00.0%Unchanged–
GBBKGlobal Blockchain Acquisition Corp.COMMON STOCK225,000$2.27M0.1%00.0%UnchangedHistory
GSR II Meteora Acquisitn Cor36263W105CLASS A COM225,000$2.28M0.1%00.0%Unchanged–
Burtech Acquisition Corp123013104CLASS A COM225,000$2.29M0.1%00.0%Unchanged–
Macondray Cap Acquisitn CorpG5853A107CLASS A ORD SHS225,000$2.29M0.1%00.0%Unchanged–
SCAQStratim Cloud Acquisition Corp.CLASS A COM230,000$2.30M0.1%00.0%UnchangedHistory
GPGIGPGI, Inc.COM CL A470,000$2.31M0.1%−30,000−6.0%ReducedHistory
MBIMbia IncCOM180,177$2.32M0.1%+20,000+12.5%AddedHistory
Colonnade Acquisition Corp IG2284B101SHS CL A230,000$2.32M0.1%00.0%Unchanged–
Esm Acquisition CorporationG3195H104SHS CL A230,000$2.32M0.1%00.0%Unchanged–
Genesis Unicorn Capital Corp.37187C100CLASS A COM232,500$2.36M0.1%00.0%Unchanged–
Sound Point Acquisition CorpG8274F101CLASS A ORD SHS234,451$2.42M0.1%00.0%Unchanged–
TZP Strategies Acquistn CorpG91595101CL A SHS244,298$2.47M0.1%00.0%Unchanged–
Summit Healthcre Acquistn CoG8566R102CLASS A ORD SHS250,000$2.51M0.1%00.0%Unchanged–
DNADSocial Capital Suvretta Holdings Corp. IVCLASS A ORD SHS250,000$2.51M0.1%00.0%UnchangedHistory
DNABSocial Capital Suvretta Holdings Corp. IICLASS A ORD SHS250,000$2.52M0.1%00.0%UnchangedHistory
Northview Acquisition Corp66718N103COM250,000$2.53M0.1%00.0%Unchanged–
GMFIAetherium Acquisition CorpCLASS A COM250,000$2.54M0.1%00.0%UnchangedHistory
Kensington Capital AcquisitiG5251K103SHS CL A250,000$2.55M0.1%00.0%Unchanged–
Artemis Strategic Invt Corp04303A103COM CL A250,000$2.55M0.1%00.0%Unchanged–
SCMASeaport Calibre Materials Acquisition Corp.CLASS A COM250,000$2.56M0.1%00.0%UnchangedHistory
APXIAPx Acquisition Corp. ICLASS A ORD SHS250,000$2.57M0.1%00.0%UnchangedHistory
ASBPAspire-Lakewood Holdings, Inc.CLASS A ORDI SHS250,000$2.58M0.1%00.0%UnchangedHistory
Pine Technology Acquisitn Co722850104CLASS A COM257,600$2.58M0.1%00.0%Unchanged–
SDRLSEADRILL LtdCOM80,000$2.61M0.1%+80,000NewHistory
APGBApollo Strategic Growth Capital IISHS CL A265,000$2.66M0.1%00.0%UnchangedHistory
Vroom, Inc.92918VAB5NOTE 0.750% 7/0–$2.79M0.1%–––
LIBYLiberty Resources Acquisition Corp.CLASS A COM275,000$2.81M0.1%00.0%UnchangedHistory
Coinbase Global, Inc.19260QAB3NOTE 0.500% 6/0–$2.82M0.1%–––
FRLAFortune Rise Acquisition CorpCL A275,000$2.84M0.1%00.0%UnchangedHistory
HWH International Inc.02115M109CLASS A COM284,000$2.85M0.1%00.0%Unchanged–
HTZWWHertz Global Holdings, IncCommon Stock391,789$2.92M0.1%+200,000+104.3%AddedHistory
TWCBBilander Acquisition Corp.CL A COM300,000$2.97M0.1%00.0%UnchangedHistory
Black Spade Acquisition CoG11537100SHS CL A300,000$3.00M0.1%00.0%Unchanged–
AEONAEON Biopharma, Inc.CL A301,000$3.03M0.1%00.0%UnchangedHistory
North Atlantic Acquisitn CorG66139109CL A SHS301,000$3.04M0.1%+301,000New–
Lionheart III Corp536262108CLASS A COM300,000$3.06M0.1%00.0%Unchanged–
Vision Sensing Acquisition C92838J103CLASS A COM300,000$3.09M0.1%00.0%Unchanged–
GSDGlobal System Dynamics, Inc.CL A300,000$3.10M0.1%00.0%UnchangedHistory
Coherus Biosciences Inc19249HAB9NOTE 1.500% 4/1–$3.26M0.1%–––
World Quantum Growth AcquisiG5596W101SHS CL A325,500$3.32M0.1%00.0%Unchanged–
RMG Acquisition Corp IIIG76088106CL A SHS334,347$3.37M0.1%00.0%Unchanged–
LUVSouthwest Airlines CoCOM100,800$3.39M0.1%+100,800NewHistory
Amryt Pharma PLC03217L106SPONSORED ADS466,712$3.41M0.1%00.0%Unchanged–
Aimfinity Investment Corp. IG0135E142UNIT 04/21/2027350,000$3.51M0.1%00.0%Unchanged–
Nubia Brand International Co67022R103CLASS A COM350,000$3.55M0.1%00.0%Unchanged–
DCRDDecarbonization Plus Acquisition Corp IVCOM CL A350,000$3.58M0.1%00.0%UnchangedHistory
MPRAMercato Partners Acquisition CorpCLASS A COM350,000$3.58M0.1%00.0%UnchangedHistory
Digiasia Corp.G85094103CLASS A ORD SHS350,000$3.59M0.1%00.0%Unchanged–
Evergreen CorpG3312W109CLASS A ORD SHS350,000$3.60M0.1%00.0%Unchanged–
BHCBausch Health Companies Inc.Stock575,500$3.61M0.1%+76,400+15.3%AddedHistory
FATPFat Projects Acquisition CorpCLASS A ORD SHS375,000$3.80M0.1%00.0%UnchangedHistory
Acropolis Infrastructure Acq005029103CL A406,003$4.04M0.2%00.0%Unchanged–
GMGeneral Motors CoCOM121,669$4.09M0.2%+3,000+2.5%AddedHistory
Wayfair Inc.94419LAM3NOTE 0.625%10/0–$4.20M0.2%–––
THCPThunder Bridge Capital Partners IV, Inc.CLASS A COM440,000$4.37M0.2%00.0%UnchangedHistory
Gossamer Bio, Inc.38341PAA0NOTE 5.000% 6/0–$4.46M0.2%–––
Royal Caribbean Group780153BB7NOTE 4.250% 6/1–$4.47M0.2%–––
GTGoodyear Tire & Rubber CoCOM451,006$4.58M0.2%+130,405+40.7%AddedHistory
Liberty Media Corp530715AL5DEB 3.750% 2/1–$4.78M0.2%–New–
DCHDauch CorpCOM619,233$4.84M0.2%+133,981+27.6%AddedHistory
Protalix BioTherapeutics, Inc.74365AAJ0NOTE 7.500% 9/0–$5.15M0.2%–––
Brookdale Sr Living Inc112463302UNIT 11/15/2023120,000$5.31M0.2%+120,000New–
Envoy Medical, Inc.03737A101COM CL A552,000$5.53M0.2%00.0%Unchanged–
HC2 Hldgs Inc404139AG2NOTE 7.500% 8/0–$6.12M0.2%–––
DocuSign, Inc.256163AB2NOTE 0.500% 9/1–$6.36M0.2%–––
Carnival Corp Ltd.14365C103ADR896,290$6.44M0.2%+533,800+147.3%Added–
Two HBRS Invt Corp90187BAB7NOTE 6.250% 1/1–$6.48M0.2%–––
Omeros Corp682143AG7NOTE 5.250% 2/1–$6.67M0.2%–––
SPYSPDR S&P 500 ETF TrustETF20,627$7.89M0.3%−479,373−95.9%ReducedHistory
THCTenet Healthcare CorpCOM NEW164,658$8.03M0.3%+100,829+158.0%AddedHistory
FOXFox CorpCL B COM289,126$8.23M0.3%00.0%UnchangedHistory
Upstart Hldgs Inc91680MAB3NOTE 0.250% 8/1–$8.33M0.3%–––
Veritone, Inc.92347MAB6NOTE 1.750%11/1–$8.40M0.3%–New–
Nabors Inds Inc New62957HAB1NOTE 0.750% 1/1–$8.49M0.3%–––
Transocean Ltd.893830BT5DEB 4.000%12/1–$8.56M0.3%–––
Cloudflare, Inc.18915MAB3NOTE 0.750% 5/1–$8.95M0.3%–––
LBRDALiberty Broadband CorpCOM SER A118,151$8.96M0.3%+111,870+1,781.1%AddedHistory
AAPLApple Inc.Stock70,000$9.10M0.3%−580,000−89.2%ReducedHistory
Realogy Grp LLC/Realogy Co75606DAP6NOTE 0.250% 6/1–$9.14M0.3%–––
Bilibili Inc.090040AF3NOTE 0.500%12/0–$9.85M0.4%–New–
Stride, Inc.86333MAA6NOTE 1.125% 9/0–$10.1M0.4%–––
Omeros Corp682143AE2NOTE 6.250%11/1–$10.2M0.4%–––
Esperion Therapeutics Inc Ne29664WAB1NOTE 4.000%11/1–$10.6M0.4%–––
BLCOBausch & Lomb CorpCOMMON SHARES766,476$11.9M0.4%+204,809+36.5%AddedHistory
Redfin Corp75737FAE8NOTE 0.500% 4/0–$12.3M0.5%–––
Varex Imaging Corp92214XAB2NOTE 4.000% 6/0–$13.4M0.5%–––
Beyond Meat, Inc.08862EAB5NOTE 3/1–$14.2M0.5%–––
Datadog, Inc.23804LAB9NOTE 0.125% 6/1–$15.3M0.6%–––
Transocean Ltd.893830BW8DEB 4.625% 9/3–$15.7M0.6%–New–
Garrett Motion Inc.366505204COMM1,864,870$16.2M0.6%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%–