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Livermore
Livermore
ZHEN

Whitebox Advisors LLC

SEC CIK
0001257391
Latest filing
Aug 14, 2026

Holdings in Q1 2023

Holdings as of Mar 31, 2023, filed May 15, 2023. Long positions only; changes compare share counts with Q4 2022.

Institution overview
Positions
541
−202 vs. Q4 2022
Portfolio value
$2.08B
−$599.7M (−22.4%) vs. Q4 2022
Filed
May 15, 2023
SEC
Holdings of Whitebox Advisors LLC in Q1 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
Tio Tech AG8T10C114*W EXP 04/12/20230,666$129<0.1%00.0%Unchanged–
Edify Acquisition Corp.28059Q111*W EXP 11/25/20211,500$346<0.1%00.0%Unchanged–
SBIGWSBIG Holdings, Inc.*W EXP 06/14/20211,499$353<0.1%00.0%UnchangedHistory
QualTek Services Inc.74760R113*W EXP 02/14/20211,500$436<0.1%00.0%Unchanged–
Bullpen Parlay Acquisition CG1792A118*W EXP 12/03/20212,500$445<0.1%00.0%Unchanged–
CTSWFCactus Acquisition Corp. 1 Ltd*W EXP 08/17/20210,000$550<0.1%00.0%UnchangedHistory
Northern Star Invest Corp IV66575B119*W EXP 02/25/20215,333$552<0.1%00.0%Unchanged–
Eve Mobility Acquisition CorG3218G117*W EXP 12/31/20212,500$625<0.1%00.0%Unchanged–
Shoulderup Technology Acquis82537G112*W EXP 11/17/20225,000$685<0.1%00.0%Unchanged–
Cartica Acquisition CorpG1995D117*W EXP 04/30/20210,000$710<0.1%00.0%Unchanged–
HCM Acquisition CorpG4365A127*W EXP 01/20/20225,000$793<0.1%00.0%Unchanged–
Getaround, Inc37427G119*W EXP 03/09/20217,498$822<0.1%00.0%Unchanged–
Consilium Acquisitn Corp I LG2365L119*W EXP 06/01/20222,500$842<0.1%00.0%Unchanged–
Blueriver Acquisition CorpG1261Q115*W EXP 01/04/20223,000$863<0.1%00.0%Unchanged–
Atlantic Coastal Aqstn Corp04845A116*W EXP 01/13/20212,500$873<0.1%00.0%Unchanged–
Investcorp India Acquistn CoG49219127*W EXP 06/01/20212,500$875<0.1%00.0%Unchanged–
Anthemis Digital AcquisitionG03959114*W EXP 99/99/99925,000$888<0.1%00.0%Unchanged–
Finnovate Acquisition Corp.G3R34K111*W EXP 99/99/99945,000$905<0.1%00.0%Unchanged–
Skydeck Acquisition Corp.G82220115*W EXP 05/13/20228,213$917<0.1%00.0%Unchanged–
IXQWFIX Acquisition Corp.*W EXP 07/31/20225,000$928<0.1%00.0%UnchangedHistory
Ftac Zeus Acquisition Cor30320F114*W EXP 04/15/20232,500$975<0.1%00.0%Unchanged–
Papaya GRWT Opportunity Corp69882P110*W EXP 12/31/20225,000$998<0.1%00.0%Unchanged–
CEROWCero Therapeutics Holdings, Inc.*W EXP 09/01/20225,000$1.00K<0.1%00.0%UnchangedHistory
Vahanna Tech Edge Acqstn I CG9320Z117*W EXP 11/30/20220,000$1.02K<0.1%00.0%Unchanged–
DHC Acquisition CorpG2758T117*W EXP 02/25/20230,666$1.02K<0.1%00.0%Unchanged–
Twin Ridge Capital Acquis CoG9151L120*W EXP 03/07/20215,333$1.07K<0.1%00.0%Unchanged–
Golden Arrow Merger Corp380799114*W EXP 07/31/20223,000$1.16K<0.1%00.0%Unchanged–
CSTWFConstellation Acquisition Corp I*W EXP 01/29/20212,266$1.17K<0.1%00.0%UnchangedHistory
Rubicon Technologies, Inc.78112J117*W EXP 04/01/20225,000$1.20K<0.1%00.0%Unchanged–
Orion Biotech Opportuntes CoG6780C117*W EXP 04/15/20215,000$1.20K<0.1%00.0%Unchanged–
Global Technolgy Acqstn CorpG3934N115*W EXP 10/19/20212,500$1.24K<0.1%00.0%Unchanged–
Banyan Acquisition Corporati06690B115*W EXP 09/30/20227,500$1.24K<0.1%00.0%Unchanged–
Trine II Acquisition Corp.G9059F118*W EXP 99/99/99925,000$1.25K<0.1%00.0%Unchanged–
Onyx Acquisition Co. IG6755Q117*W EXP 11/30/20212,500$1.25K<0.1%00.0%Unchanged–
Data Knights Acquisition Cor237699111*W EXP 11/11/20249,700$1.30K<0.1%00.0%Unchanged–
Fintech Ecosystem Deve318136116*W EXP 04/01/20237,500$1.32K<0.1%00.0%Unchanged–
Virgin Orbit Holdings, Inc.92771A119*W EXP 99/99/99928,000$1.32K<0.1%00.0%Unchanged–
G Squared Ascend II IncG42041122*W EXP 12/31/20233,333$1.33K<0.1%00.0%Unchanged–
Concord Acquisition Corp III20607V114*W EXP 99/99/99912,500$1.37K<0.1%00.0%Unchanged–
PHP Ventures Acquisition Cor69291C114*W EXP 01/01/20214,198$1.39K<0.1%00.0%Unchanged–
7 Acquisition CorpG80694113*W EXP 11/05/20210,000$1.40K<0.1%00.0%Unchanged–
bleuacacia ltdG11728113*W EXP 10/30/20250,000$1.43K<0.1%00.0%Unchanged–
PGYWWPagaya Technologies Ltd.*W EXP 09/01/20217,694$1.45K<0.1%00.0%UnchangedHistory
ExcelFin Acquisition Corp.30069X110*W EXP 10/25/20225,000$1.47K<0.1%00.0%Unchanged–
Enterprise 4.0 Tec Acqstn CoG3137C114*W EXP 09/30/20237,500$1.50K<0.1%00.0%Unchanged–
Spree Acquisition Corp. 1 LtdG83745128*W EXP 12/22/20250,000$1.51K<0.1%00.0%Unchanged–
26 Capital Acquisition Corp.90138P118*W EXP 12/31/20255,200$1.52K<0.1%00.0%Unchanged–
Atlantic Coastal Acquistn Co048453112*W EXP 03/02/20230,666$1.53K<0.1%00.0%Unchanged–
Axonprime Infrstctr Aqstn Co05467C116*W EXP 05/31/20210,000$1.59K<0.1%00.0%Unchanged–
LAMF Global Ventures Corp. IG5338L124*W EXP 11/05/20250,000$1.60K<0.1%00.0%Unchanged–
Noble Rock Acquisition CorpG6546R119*W EXP 01/31/20220,116$1.62K<0.1%00.0%Unchanged–
Greenlight Biosc39536G113EQUITY WRT32,183$1.65K<0.1%00.0%Unchanged–
SBCWWSBC Medical Group Holdings Inc*W EXP 07/31/20235,000$1.66K<0.1%00.0%UnchangedHistory
Newcourt Acquisition CorpG6448C129*W EXP 04/12/20250,000$1.67K<0.1%00.0%Unchanged–
Magnum Opus Acquisition LtdG5S70A112*W EXP 03/06/20223,000$1.73K<0.1%00.0%Unchanged–
Accretion Acquisition Corp00438Y115*W EXP 03/01/20250,000$1.75K<0.1%00.0%Unchanged–
Genesis GRWT Tech Acqustn CoG3R23D128*W EXP 99/99/999100,000$1.76K<0.1%00.0%Unchanged–
Project Energy Reimagined AcG72556114*W EXP 10/28/20225,000$1.78K<0.1%00.0%Unchanged–
OCA Acquisition Corp.670865112*W EXP 01/14/20222,724$1.79K<0.1%00.0%Unchanged–
Andretti Acquisition CorpG26735129*W EXP 99/99/99925,000$1.79K<0.1%00.0%Unchanged–
Focus Impact Acquisition Cor34417L117*W EXP 10/28/20237,500$1.88K<0.1%00.0%Unchanged–
Lava Medtech Acquisition Cor519345110*W EXP 10/21/20225,000$1.88K<0.1%00.0%Unchanged–
Mobiv Acquisition Corp60742N114*W EXP 07/31/20235,000$1.93K<0.1%00.0%Unchanged–
C5 Acquisition Corporation12530D113*W EXP 12/31/20250,000$2.00K<0.1%00.0%Unchanged–
Roth CH Acquisition V Co.77867R118*W EXP 12/10/20237,500$2.02K<0.1%00.0%Unchanged–
10X Capital Venture Acq IIIG87077114*W EXP 06/30/20225,000$2.12K<0.1%00.0%Unchanged–
Inception Growth Acqustn Ltd45333D112*W EXP 10/15/20287,500$2.20K<0.1%00.0%Unchanged–
B Riley Prin 250 Merger Corp05602L112*W EXP 04/01/20233,333$2.21K<0.1%00.0%Unchanged–
VMG Consumer Acquisition Cor91842V110*W EXP 11/03/20250,000$2.25K<0.1%00.0%Unchanged–
Valor Latitude Acquisitn CorG9460N122*W EXP 04/02/20258,333$2.33K<0.1%00.0%Unchanged–
RCF Acquisition CorpG7330C110*W EXP 99/99/99925,000$2.38K<0.1%00.0%Unchanged–
Disruptive Acquisition CorpG2770Y128*W EXP 03/06/20230,666$2.46K<0.1%00.0%Unchanged–
Juniper II Corp48203N111*W EXP 99/99/99925,000$2.50K<0.1%00.0%Unchanged–
Investcorp Europe AcquisitioG4923T113*W EXP 12/15/20225,000$2.50K<0.1%00.0%Unchanged–
Bannix Acquisition Corp066644113*W EXP 07/31/202100,000$2.51K<0.1%00.0%Unchanged–
Cascadia Acquisition Corp.14739D118*W EXP 09/30/20225,000$2.52K<0.1%00.0%Unchanged–
Screaming Eagle Acquisitn CoG79407121*W EXP 01/05/20211,666$2.57K<0.1%00.0%Unchanged–
RMCOWRoyalty Management Holding Corp*W EXP 05/28/20286,204$2.59K<0.1%00.0%UnchangedHistory
VEEAWVeea Inc.*W EXP 03/15/20214,200$2.70K<0.1%00.0%UnchangedHistory
Alpha Partners Tech Mergr CoG63290103*W EXP 03/31/20225,000$2.75K<0.1%00.0%Unchanged–
Arrowroot Acquisition Corp04282M110*W EXP 03/02/20223,000$2.76K<0.1%00.0%Unchanged–
Ap Acquisition CorpG04058114*W EXP 12/07/20225,000$2.77K<0.1%00.0%Unchanged–
Nogin, Inc.65528N113*W EXP 08/26/202100,000$2.81K<0.1%00.0%Unchanged–
Esgen Acquisition CorpG3R95N111*W EXP 10/18/20250,000$2.90K<0.1%00.0%Unchanged–
Belong Acquisition Corp.08069M110*W EXP 03/23/20275,000$3.00K<0.1%00.0%Unchanged–
Chavant Capital Acquisitn CoG2058L111*W EXP 99/99/999100,000$3.00K<0.1%00.0%Unchanged–
Banner Acquisition Corp.06654K119*W EXP 09/07/20275,000$3.00K<0.1%00.0%Unchanged–
Inspirato Inc45791E115EQUITY WRT30,000$3.00K<0.1%00.0%Unchanged–
Pyrophyte Acquisition Corp.G7308P127*W EXP 05/03/20225,000$3.00K<0.1%00.0%Unchanged–
Pearl Holdings Acquisitn CorG44525114*W EXP 12/15/20225,000$3.00K<0.1%00.0%Unchanged–
RF Acquisition Corp74954L112*W EXP 05/01/202100,000$3.00K<0.1%00.0%Unchanged–
Seaport Global Acquisition I81221H113*W EXP 11/17/20250,000$3.00K<0.1%00.0%Unchanged–
Clean Earth Acquisitions Cor184493112*W EXP 99/99/99950,000$3.00K<0.1%00.0%Unchanged–
Swiftmerge Acquisition CorpG63836111*W EXP 12/13/20225,000$3.06K<0.1%00.0%Unchanged–
Alpha Healthcare Acqu Corp I02073F112*W EXP 04/01/20218,750$3.06K<0.1%00.0%Unchanged–
bleuacacia ltdG11728139RIGHT 10/30/2026100,000$3.08K<0.1%00.0%Unchanged–
Interprivate IV Infratech PR46064T110*W EXP 03/05/20234,310$3.09K<0.1%00.0%Unchanged–
Nova Vision Acquisition CorpG6759A118*W EXP 12/31/20280,000$3.09K<0.1%00.0%Unchanged–
Tlgy Acquisition CorpG8656T125*W EXP 11/09/20237,500$3.10K<0.1%00.0%Unchanged–
CIIG Capital Partners II, Inc.12561U117*W EXP 02/28/20225,000$3.13K<0.1%00.0%Unchanged–

Options (28)

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 Q1 2023
SecurityClassPutsCalls
AALAmerican Airlines Group Inc.Stock$163.7M–
RCLRoyal Caribbean Cruises LtdCOM$91.4M–
CATCaterpillar IncStock$68.7M–
SPYSPDR S&P 500 ETF TrustETF$61.4M–
VanEck Semiconductor ETF92189F676ETF$52.6M–
BYNDBeyond Meat, Inc.COM$49.7M–
AAPLApple Inc.Stock$49.5M–
CCLCarnival Corp Ltd.UNIT 99/99/9999$44.7M–
DEDeere & CoStock$41.3M–
HONHoneywell International IncCOM$38.2M–
UALUnited Airlines Holdings, Inc.COM$34.1M–
WWayfair Inc.CL A$17.2M–
NVDANVIDIA CorpStock$13.9M–
FSRFisker Inc.CL A COM STK$13.6M–
TDWTidewater IncCOM–$13.2M
DISHDISH Network CORPCL A$13.1M–
RIGTransocean Ltd.REGISTERED SHS$12.7M–
LCIDLucid Group, Inc.COM$10.5M–
NCLHNorwegian Cruise Line Holdings Ltd.SHS$10.1M–
ProShares Bitcoin ETF74347G440ETF$8.76M–
NUENucor CorpCOM$7.72M–
MSTRStrategy IncStock$6.14M–
CNKCinemark Holdings, Inc.COM–$4.44M
LUMNLumen Technologies, Inc.Stock$3.98M–
PSECProspect Capital CorpCOM$2.16M–
Azul S A05501U106SPONSR ADR PFD–$1.79M
UPSTUpstart Holdings, Inc.COM$1.59M–
BBBY20230930-DK-Butterfly-1, Inc.COM$171.0K–

Sold out since Q4 2022 (234)

Positions held at the end of Q4 2022 that are gone from this filing.

The largest 100 of 234 by value last quarter.

Positions of Whitebox Advisors LLC sold out since Q4 2022
SecurityClassShares in Q4 2022Value in Q4 2022% of portfolio in Q4 2022History
Palo Alto Networks Inc697435AD7NOTE 0.750% 7/0–$160.4M6.0%–
Palo Alto Networks Inc697435AF2NOTE 0.375% 6/0–$127.2M4.7%–
Encore Cap Europe Fin Ltd29260UAA5NOTE 4.500% 9/0–$56.5M2.1%–
Novavax Inc670002AB0NOTE 3.750% 2/0–$39.3M1.5%–
MongoDB, Inc.60937PAD8NOTE 0.250% 1/1–$35.1M1.3%–
Sarepta Therapeutics, Inc.803607AC4DEBT 1.250% 9/1–$17.1M0.6%–
Datadog, Inc.23804LAB9NOTE 0.125% 6/1–$15.3M0.6%–
Varex Imaging Corp92214XAB2NOTE 4.000% 6/0–$13.4M0.5%–
Stride, Inc.86333MAA6NOTE 1.125% 9/0–$10.1M0.4%–
AAPLApple Inc.Stock70,000$9.10M0.3%History
Cloudflare, Inc.18915MAB3NOTE 0.750% 5/1–$8.95M0.3%–
Transocean Ltd.893830BT5DEB 4.000%12/1–$8.56M0.3%–
Nabors Inds Inc New62957HAB1NOTE 0.750% 1/1–$8.49M0.3%–
SPYSPDR S&P 500 ETF TrustETF20,627$7.89M0.3%History
Envoy Medical, Inc.03737A101COM CL A552,000$5.53M0.2%–
Brookdale Sr Living Inc112463302UNIT 11/15/2023120,000$5.31M0.2%–
Wayfair Inc.94419LAM3NOTE 0.625%10/0–$4.20M0.2%–
FATPFat Projects Acquisition CorpCLASS A ORD SHS375,000$3.80M0.1%History
Digiasia Corp.G85094103CLASS A ORD SHS350,000$3.59M0.1%–
MPRAMercato Partners Acquisition CorpCLASS A COM350,000$3.58M0.1%History
DCRDDecarbonization Plus Acquisition Corp IVCOM CL A350,000$3.58M0.1%History
RMG Acquisition Corp IIIG76088106CL A SHS334,347$3.37M0.1%–
World Quantum Growth AcquisiG5596W101SHS CL A325,500$3.32M0.1%–
GSDGlobal System Dynamics, Inc.CL A300,000$3.10M0.1%History
Lionheart III Corp536262108CLASS A COM300,000$3.06M0.1%–
North Atlantic Acquisitn CorG66139109CL A SHS301,000$3.04M0.1%–
AEONAEON Biopharma, Inc.CL A301,000$3.03M0.1%History
FRLAFortune Rise Acquisition CorpCL A275,000$2.84M0.1%History
SDRLSEADRILL LtdCOM80,000$2.61M0.1%History
Pine Technology Acquisitn Co722850104CLASS A COM257,600$2.58M0.1%–
APXIAPx Acquisition Corp. ICLASS A ORD SHS250,000$2.57M0.1%History
SCMASeaport Calibre Materials Acquisition Corp.CLASS A COM250,000$2.56M0.1%History
GMFIAetherium Acquisition CorpCLASS A COM250,000$2.54M0.1%History
Northview Acquisition Corp66718N103COM250,000$2.53M0.1%–
Summit Healthcre Acquistn CoG8566R102CLASS A ORD SHS250,000$2.51M0.1%–
TZP Strategies Acquistn CorpG91595101CL A SHS244,298$2.47M0.1%–
Genesis Unicorn Capital Corp.37187C100CLASS A COM232,500$2.36M0.1%–
Esm Acquisition CorporationG3195H104SHS CL A230,000$2.32M0.1%–
Colonnade Acquisition Corp IG2284B101SHS CL A230,000$2.32M0.1%–
GPGIGPGI, Inc.COM CL A470,000$2.31M0.1%History
SCAQStratim Cloud Acquisition Corp.CLASS A COM230,000$2.30M0.1%History
Macondray Cap Acquisitn CorpG5853A107CLASS A ORD SHS225,000$2.29M0.1%–
Burtech Acquisition Corp123013104CLASS A COM225,000$2.29M0.1%–
GSR II Meteora Acquisitn Cor36263W105CLASS A COM225,000$2.28M0.1%–
Forum Merger IV Corp349875104CLASS A COM220,064$2.21M0.1%–
Bandwidth Inc.05988JAD5NOTE 0.500% 4/0–$2.18M0.1%–
WPCBWarburg Pincus Capital Corp I-BSHS CL A209,000$2.11M0.1%History
Ares Acquisition CorporationG33032106COM CL A207,000$2.08M0.1%–
JMACMaxpro Capital Acquisition Corp.CLASS A COM200,000$2.07M0.1%History
Genesis GRWT Tech Acqustn CoG3R23D102CLASS A ORD SHS200,000$2.07M0.1%–
Innovative Intl Acqusitin CoG4809M109CLASS A ORD200,000$2.06M0.1%–
IQMDIntelligent Medicine Acquisition Corp.CLASS A COM200,000$2.06M0.1%History
Murphy Canyon Acquisition Co626642102CLASS A COM200,000$2.05M0.1%–
VanEck Semiconductor ETF92189F676ETF10,000$2.03M0.1%–
UHGUnited Homes Group, Inc.CL A194,000$1.95M0.1%History
Tevogen Inc.G8028L107CLASS A ORD185,575$1.92M0.1%–
JWSMFJaws Mustang Acquisition CorpSHS CL A186,000$1.88M0.1%History
ROSSBPGC Acquisition Corp.SHS CL A184,000$1.86M0.1%History
HERAFTAC Hera Acquisition Corp.CLASS A ORD SHS184,000$1.86M0.1%History
African Gold Acquisition CorG0112R108SHS CL A184,000$1.85M0.1%–
Digital Transformatn Opt Cor25401K107CLASS A COM184,000$1.85M0.1%–
Forest Road Acquisition Cor34619V103CL A184,000$1.85M0.1%–
MBACM3-Brigade Acquisition II Corp.COM CL A184,000$1.84M0.1%History
AWINAERWINS Technologies Inc.CLASS A COM175,000$1.84M0.1%History
AOGOArogo Capital Acquisition Corp.CLASS A COM176,000$1.78M0.1%History
IGTAInception Growth Acquisition LtdCOMMON STOCK175,000$1.77M0.1%History
Emerging Markets Horizon CorG3033X105CLASS A ORD SHS171,095$1.75M0.1%–
Mason Industrial Technolgy I57520Y106COM CL A161,211$1.61M0.1%–
Silver Spike Acquisitn CorpG8201H105CLASS A ORD SHS159,688$1.61M0.1%–
CURRCurrenc Group Inc.CL A ORD SHS150,000$1.55M0.1%History
GRFSGrifols SASP ADR REP B NVT181,871$1.55M0.1%History
AXACAXIOS Sustainable Growth Acquisition CorpCL A ORD SHS150,000$1.54M0.1%History
OCAXOCA Acquisition Corp.COM CL A150,000$1.54M0.1%History
BCSABlockchain Coinvestors Acquisition Corp. ICLASS A ORD150,000$1.54M0.1%History
Sizzle Acquisition Corp.83014E109COMMON STOCK150,000$1.53M0.1%–
ZURAZura Bio LtdSHS CL A150,000$1.53M0.1%History
Insight Acquisition Corp45784L100COM CL A150,000$1.51M0.1%–
Catalyst Partnrs Acquisitn CG19550105CLASS A ORD SHS150,000$1.51M0.1%–
Inflection Point Acqustn CorG47874121CLASS A ORD150,000$1.50M0.1%–
Sustainable Develp Acqu I Co86934L103COM CL A142,000$1.43M0.1%–
GX Acquisition Corp II36260F105CLASS A COM142,000$1.42M0.1%–
MultiSensor AI Holdings, Inc.84921J108COM138,835$1.42M0.1%–
Stardust Power Inc.G3934P102CL A SHS138,000$1.40M0.1%–
FSNBFusion Acquisition Corp. IICOM CL A138,000$1.39M0.1%History
TETEFTechnology & Telecommunication Acquisition CorpCLASS A ORD SHS125,000$1.29M<0.1%History
LF Capital Acquisition Corp. II50202D102CLASS A COM125,000$1.28M<0.1%–
Industrial Tech Acqstns II I45635R108CLASS A COM125,000$1.27M<0.1%–
First Reserve Sustainable GW336169107CLASS A COM124,552$1.25M<0.1%–
CHAACatcha Investment CorpSHS CL A122,600$1.24M<0.1%History
SOCSable Offshore Corp.COM CL A119,790$1.20M<0.1%History
Jack Creek Investment Corp.G4989X115CL A SHS117,000$1.19M<0.1%–
Marlin Technology Corp.G58411102CL A SHS115,000$1.16M<0.1%–
SCOBScION Tech Growth IICL A SHS115,000$1.16M<0.1%History
Biotech Acquisition CompanyG1125A108CL A SHS115,000$1.16M<0.1%–
KAIRKairos Acquisition Corp.CL A SHS115,000$1.16M<0.1%History
KRNLKernel Group Holdings, Inc.CL A SHS113,804$1.15M<0.1%History
AALAmerican Airlines Group Inc.Stock89,587$1.14M<0.1%History
OCEAOcean Biomedical, Inc.CLASS A COM102,800$1.07M<0.1%History
Bannix Acquisition Corp066644105COM102,710$1.04M<0.1%–
Mountain & Co I Acquisitn CoG6301J104CLASS A ORD100,000$1.04M<0.1%–