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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
Black Spade Acquisition CoG11537100SHS CL A300,000$3.00M0.1%00.0%Unchanged–
TWCBBilander Acquisition Corp.CL A COM300,000$2.97M0.1%00.0%UnchangedHistory
HTZWWHertz Global Holdings, IncCommon Stock391,789$2.92M0.1%+200,000+104.3%AddedHistory
ESYNHWH International Inc.CLASS A COM284,000$2.85M0.1%00.0%UnchangedHistory
FRLAFortune Rise Acquisition CorpCL A275,000$2.84M0.1%00.0%UnchangedHistory
Coinbase Global, Inc.19260QAB3NOTE 0.500% 6/0–$2.82M0.1%–––
LIBYLiberty Resources Acquisition Corp.CLASS A COM275,000$2.81M0.1%00.0%UnchangedHistory
Vroom, Inc.92918VAB5NOTE 0.750% 7/0–$2.79M0.1%–––
APGBApollo Strategic Growth Capital IISHS CL A265,000$2.66M0.1%00.0%UnchangedHistory
SDRLSEADRILL LtdCOM80,000$2.61M0.1%+80,000NewHistory
Pine Technology Acquisitn Co722850104CLASS A COM257,600$2.58M0.1%00.0%Unchanged–
ASBPAspire-Lakewood Holdings, Inc.CLASS A ORDI SHS250,000$2.58M0.1%00.0%UnchangedHistory
APXIAPx Acquisition Corp. ICLASS A ORD SHS250,000$2.57M0.1%00.0%UnchangedHistory
SCMASeaport Calibre Materials Acquisition Corp.CLASS A COM250,000$2.56M0.1%00.0%UnchangedHistory
Artemis Strategic Invt Corp04303A103COM CL A250,000$2.55M0.1%00.0%Unchanged–
Kensington Capital AcquisitiG5251K103SHS CL A250,000$2.55M0.1%00.0%Unchanged–
GMFIAetherium Acquisition CorpCLASS A COM250,000$2.54M0.1%00.0%UnchangedHistory
Northview Acquisition Corp66718N103COM250,000$2.53M0.1%00.0%Unchanged–
DNABSocial Capital Suvretta Holdings Corp. IICLASS A ORD SHS250,000$2.52M0.1%00.0%UnchangedHistory
DNADSocial Capital Suvretta Holdings Corp. IVCLASS A ORD SHS250,000$2.51M0.1%00.0%UnchangedHistory
Summit Healthcre Acquistn CoG8566R102CLASS A ORD SHS250,000$2.51M0.1%00.0%Unchanged–
TZP Strategies Acquistn CorpG91595101CL A SHS244,298$2.47M0.1%00.0%Unchanged–
Sound Point Acquisition CorpG8274F101CLASS A ORD SHS234,451$2.42M0.1%00.0%Unchanged–
Genesis Unicorn Capital Corp.37187C100CLASS A COM232,500$2.36M0.1%00.0%Unchanged–
Esm Acquisition CorporationG3195H104SHS CL A230,000$2.32M0.1%00.0%Unchanged–
Colonnade Acquisition Corp IG2284B101SHS CL A230,000$2.32M0.1%00.0%Unchanged–
MBIMbia IncCOM180,177$2.32M0.1%+20,000+12.5%AddedHistory
GPGIGPGI, Inc.COM CL A470,000$2.31M0.1%−30,000−6.0%ReducedHistory
SCAQStratim Cloud Acquisition Corp.CLASS A COM230,000$2.30M0.1%00.0%UnchangedHistory
Macondray Cap Acquisitn CorpG5853A107CLASS A ORD SHS225,000$2.29M0.1%00.0%Unchanged–
Burtech Acquisition Corp123013104CLASS A COM225,000$2.29M0.1%00.0%Unchanged–
GSR II Meteora Acquisitn Cor36263W105CLASS A COM225,000$2.28M0.1%00.0%Unchanged–
GBBKGlobal Blockchain Acquisition Corp.COMMON STOCK225,000$2.27M0.1%00.0%UnchangedHistory
Forum Merger IV Corp349875104CLASS A COM220,064$2.21M0.1%00.0%Unchanged–
Bandwidth Inc.05988JAD5NOTE 0.500% 4/0–$2.18M0.1%–New–
WPCBWarburg Pincus Capital Corp I-BSHS CL A209,000$2.11M0.1%00.0%UnchangedHistory
Ares Acquisition CorporationG33032106COM CL A207,000$2.08M0.1%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–
Innovative Intl Acqusitin CoG4809M109CLASS A ORD200,000$2.06M0.1%00.0%Unchanged–
Semnur Pharmaceuticals, Inc.G6256B106CLASS A ORD200,000$2.06M0.1%00.0%Unchanged–
IQMDIntelligent Medicine Acquisition Corp.CLASS A COM200,000$2.06M0.1%00.0%UnchangedHistory
Aura Fat Projs Acquisition CG06362100CLASS A ORD200,000$2.05M0.1%00.0%Unchanged–
Murphy Canyon Acquisition Co626642102CLASS A COM200,000$2.05M0.1%00.0%Unchanged–
Everest Consolidator Acq Cor29978K102CL A COM200,000$2.05M0.1%00.0%Unchanged–
Southport Acquisition Corp84465L105CL A COM200,000$2.04M0.1%00.0%Unchanged–
SOARVolato Group, Inc.CL A COM200,000$2.03M0.1%00.0%UnchangedHistory
SKGRUSK Growth Opportunities CorpUNIT 06/28/2029200,000$2.03M0.1%00.0%UnchangedHistory
TGVCTG Venture Acquisition Corp.CLASS A COM200,000$2.03M0.1%00.0%UnchangedHistory
VanEck Semiconductor ETF92189F676ETF10,000$2.03M0.1%−90,000−90.0%Reduced–
Jackson Acquisition Co46653C106COM CL A200,000$2.02M0.1%00.0%Unchanged–
The Growth for Good Acqu CorG41522106CLASS A ORD SHS200,000$2.01M0.1%00.0%Unchanged–
Liberty Media Corp530715AG6DEB 4.000%11/1–$2.00M0.1%–––
UHGUnited Homes Group, Inc.CL A194,000$1.95M0.1%00.0%UnchangedHistory
DUETDUET Acquisition Corp.CLASS A COM195,100$1.95M0.1%00.0%UnchangedHistory
Tevogen Inc.G8028L107CLASS A ORD185,575$1.92M0.1%00.0%Unchanged–
JWSMFJaws Mustang Acquisition CorpSHS CL A186,000$1.88M0.1%00.0%UnchangedHistory
ROSSBPGC Acquisition Corp.SHS CL A184,000$1.86M0.1%00.0%UnchangedHistory
HERAFTAC Hera Acquisition Corp.CLASS A ORD SHS184,000$1.86M0.1%00.0%UnchangedHistory
African Gold Acquisition CorG0112R108SHS CL A184,000$1.85M0.1%00.0%Unchanged–
Digital Transformatn Opt Cor25401K107CLASS A COM184,000$1.85M0.1%00.0%Unchanged–
Forest Road Acquisition Cor34619V103CL A184,000$1.85M0.1%00.0%Unchanged–
MBACM3-Brigade Acquisition II Corp.COM CL A184,000$1.84M0.1%00.0%UnchangedHistory
AWINAERWINS Technologies Inc.CLASS A COM175,000$1.84M0.1%00.0%UnchangedHistory
JWACJupiter Wellness Acquisition Corp.CLASS A COM175,000$1.83M0.1%00.0%UnchangedHistory
SHUASHUAA Partners Acquisition Corp ICLASS A ORD SHS175,000$1.81M0.1%00.0%UnchangedHistory
LATGChenghe Acquisition I Co.CLASS A ORD SHS175,000$1.80M0.1%00.0%UnchangedHistory
AOGOArogo Capital Acquisition Corp.CLASS A COM176,000$1.78M0.1%00.0%UnchangedHistory
IGTAInception Growth Acquisition LtdCOMMON STOCK175,000$1.77M0.1%00.0%UnchangedHistory
TRTLTortoiseEcofin Acquisition Corp. IIISHS CL A177,835$1.77M0.1%00.0%UnchangedHistory
DALDelta Air Lines, Inc.COM NEW53,786$1.77M0.1%+31,760+144.2%AddedHistory
VLATValor Latitude Acquisition Corp.CLASS A ORD SHS175,000$1.76M0.1%00.0%UnchangedHistory
Emerging Markets Horizon CorG3033X105CLASS A ORD SHS171,095$1.75M0.1%00.0%Unchanged–
OPTUOptimum Communications, Inc.CL A355,170$1.63M0.1%+162,712+84.5%AddedHistory
Mason Industrial Technolgy I57520Y106COM CL A161,211$1.61M0.1%00.0%Unchanged–
Silver Spike Acquisitn CorpG8201H105CLASS A ORD SHS159,688$1.61M0.1%00.0%Unchanged–
Eg Acquisition Corp26846A100COM CL A159,975$1.59M0.1%00.0%Unchanged–
CURRCurrenc Group Inc.CL A ORD SHS150,000$1.55M0.1%00.0%UnchangedHistory
FTIIFutureTech II Acquisition Corp.CLASS A COM151,600$1.55M0.1%00.0%UnchangedHistory
JWNNordstrom IncStock96,000$1.55M0.1%+10,000+11.6%AddedHistory
GRFSGrifols SASP ADR REP B NVT181,871$1.55M0.1%−1,197,665−86.8%ReducedHistory
AXACAXIOS Sustainable Growth Acquisition CorpCL A ORD SHS150,000$1.54M0.1%00.0%UnchangedHistory
BOCNBlue Ocean Acquisition CorpCLASS A ORD SHS150,000$1.54M0.1%00.0%UnchangedHistory
OCAXOCA Acquisition Corp.COM CL A150,000$1.54M0.1%00.0%UnchangedHistory
ADRTAult Disruptive Technologies CorpCOM150,000$1.54M0.1%00.0%UnchangedHistory
BCSABlockchain Coinvestors Acquisition Corp. ICLASS A ORD150,000$1.54M0.1%00.0%UnchangedHistory
Sizzle Acquisition Corp.83014E109COMMON STOCK150,000$1.53M0.1%00.0%Unchanged–
ZURAZura Bio LtdSHS CL A150,000$1.53M0.1%00.0%UnchangedHistory
M3-Brigade Acquisition III Corp.55407R103CL A COM150,000$1.52M0.1%00.0%Unchanged–
Banner Acquisition Corp.06654K101CLASS A COM150,000$1.51M0.1%00.0%Unchanged–
Insight Acquisition Corp45784L100COM CL A150,000$1.51M0.1%00.0%Unchanged–
Catalyst Partnrs Acquisitn CG19550105CLASS A ORD SHS150,000$1.51M0.1%00.0%Unchanged–
Inflection Point Acqustn CorG47874121CLASS A ORD150,000$1.50M0.1%00.0%Unchanged–
Gores Holdings IX, Inc.38287A101CLASS A COM150,000$1.48M0.1%00.0%Unchanged–
OGNOrganon & Co.Stock51,224$1.43M0.1%00.0%UnchangedHistory
Sustainable Develp Acqu I Co86934L103COM CL A142,000$1.43M0.1%00.0%Unchanged–
GX Acquisition Corp II36260F105CLASS A COM142,000$1.42M0.1%00.0%Unchanged–
MultiSensor AI Holdings, Inc.84921J108COM138,835$1.42M0.1%00.0%Unchanged–
CVIIChurchill Capital Corp VIICOM CL A142,000$1.42M0.1%00.0%UnchangedHistory
KBHKB HomeCOM44,449$1.42M0.1%00.0%UnchangedHistory

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%–