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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
Aetherium Acquisition Corp00809J119*W EXP 12/21/202250,000$7.65K<0.1%00.0%Unchanged–
Landcadia Holdings IV, Inc.51477A112*W EXP 03/29/20246,500$7.65K<0.1%00.0%Unchanged–
SOARWVolato Group, Inc.*W EXP 99/99/999100,000$7.72K<0.1%00.0%UnchangedHistory
Nabors Energy Transition Cor629567116*W EXP 11/17/20237,500$7.76K<0.1%00.0%Unchanged–
BRLSWBorealis Foods Inc.*W EXP 99/99/999160,000$7.98K<0.1%00.0%UnchangedHistory
Everest Consolidator Acq Cor29978K110*W EXP 99/99/999100,000$8.00K<0.1%00.0%Unchanged–
LANWFLanvin Group Holdings Ltd*W EXP 99/99/99922,908$8.02K<0.1%00.0%UnchangedHistory
Healthcare AI Acquisition Corp.G4373K117*W EXP 99/99/99950,000$8.04K<0.1%00.0%Unchanged–
LF Capital Acquisition Corp50202D110*W EXP 05/19/20262,500$8.13K<0.1%00.0%Unchanged–
Canna Global Acquisition Cor13767K119*W EXP 11/30/202275,000$8.17K<0.1%00.0%Unchanged–
Blockchain Coinvstrs Acq CRPG11765115*W EXP 11/01/20275,000$8.41K<0.1%00.0%Unchanged–
Aura Fat Projs Acquisition CG06362126*W EXP 03/31/202200,000$8.50K<0.1%00.0%Unchanged–
Innovative Intl Acqusitin CoG4809M125*W EXP 07/01/202100,000$8.66K<0.1%00.0%Unchanged–
Live Oak Crestview Climate A538086117*W EXP 09/27/20225,200$8.82K<0.1%00.0%Unchanged–
PHP Ventures Acquisition Cor69291C122RIGHT 01/01/202355,000$8.99K<0.1%00.0%Unchanged–
TG Venture Acquisition Corp.87251T117*W EXP 08/15/202200,000$9.00K<0.1%00.0%Unchanged–
GSR II Meteora Acquisitn Cor36263W121*W EXP 02/24/202225,000$9.00K<0.1%00.0%Unchanged–
Osiris Acquisition Corp.68829A111*W EXP 05/01/20275,000$9.02K<0.1%00.0%Unchanged–
Gladstone Acquisition Corp37653T116*W EXP 04/01/202150,000$9.24K<0.1%00.0%Unchanged–
RMG Acquisition Corp IIIG76088122*W EXP 02/08/20263,883$9.26K<0.1%00.0%Unchanged–
Eg Acquisition Corp26846A118*W EXP 05/28/20253,325$9.33K<0.1%00.0%Unchanged–
Accretion Acquisition Corp00438Y123RIGHT 03/01/2028100,000$9.50K<0.1%00.0%Unchanged–
The Growth for Good Acqu CorG41522114*W EXP 11/12/202100,000$9.54K<0.1%00.0%Unchanged–
Thunder BRDG Cap Prtnrs IV I88605L115*W EXP 04/30/20253,800$9.68K<0.1%00.0%Unchanged–
Northview Acquisition Corp66718N111*W EXP 08/02/202125,000$10.0K<0.1%00.0%Unchanged–
Keyarch Acquisition CorpG5260A120RIGHT 01/24/2027125,000$10.0K<0.1%00.0%Unchanged–
AIIOWRobo.ai Inc.*W EXP 12/31/20250,000$10.3K<0.1%00.0%UnchangedHistory
Burtech Acquisition Corp123013112*W EXP 12/18/202225,000$10.4K<0.1%00.0%Unchanged–
Bilander Acquisition Corp.09001T114*W EXP 05/19/20275,000$10.5K<0.1%00.0%Unchanged–
Arogo Capital Acquisition Corp.042644112*W EXP 03/23/202176,000$10.6K<0.1%00.0%Unchanged–
Galata Acquisition CorpG3R23A116*W EXP 99/99/999125,000$11.3K<0.1%00.0%Unchanged–
Gores Holdings IX, Inc.38287A119*W EXP 01/14/20250,000$11.5K<0.1%00.0%Unchanged–
Stonebridge Acquisition CorpG85094129*W EXP 03/31/202124,940$11.5K<0.1%00.0%Unchanged–
Sound Point Acquisition CorpG8274F119*W EXP 02/25/202117,225$11.9K<0.1%00.0%Unchanged–
GSR II Meteora Acquisitn Cor36263W113RIGHT 02/24/202714,062$12.0K<0.1%00.0%Unchanged–
Dune Acquisition Corp265334110*W EXP 10/29/202200,000$12.0K<0.1%00.0%Unchanged–
SMNRWSemnur Pharmaceuticals, Inc.*W EXP 03/28/202200,000$12.0K<0.1%00.0%UnchangedHistory
Vision Sensing Acquisition C92838J111*W EXP 10/21/202225,000$12.3K<0.1%00.0%Unchanged–
Roth CH Acquisition IV Co77867P112*W EXP 07/01/20245,000$12.7K<0.1%00.0%Unchanged–
HNR Acquisition Corp40472A128*W EXP 02/04/20275,000$12.8K<0.1%00.0%Unchanged–
Jaguar Global Growth Corp IG5S11A155RIGHT 01/01/202775,000$12.8K<0.1%00.0%Unchanged–
Satixfy Communications LtdM82363132*W EXP 99/99/99975,000$12.9K<0.1%00.0%Unchanged–
Clean Earth Acquisitions Cor184493120RIGHT 01/01/2027100,000$13.0K<0.1%00.0%Unchanged–
Distoken Acquisition CorpG27740136RIGHT 99/99/9999100,000$13.0K<0.1%+100,000New–
Marblegate Acquisition Corp.56608A113*W EXP 08/31/20287,500$13.0K<0.1%00.0%Unchanged–
Shuaa Partners Acquistn CorpG81173117*W EXP 02/24/20287,500$13.1K<0.1%00.0%Unchanged–
Monterey Cap Acquisition Cor61244M125RIGHT 05/10/202775,000$13.5K<0.1%00.0%Unchanged–
Bannix Acquisition Corp066644121RIGHT 07/31/2026100,000$13.9K<0.1%00.0%Unchanged–
Ocean Biomedical, Inc.67644C112*W EXP 02/14/20250,000$14.0K<0.1%+50,000New–
Arqit Quantum Inc.G0567U119*W EXP 11/02/20238,500$14.2K<0.1%00.0%Unchanged–
Home Plate Acquisition Corp43734R111*W EXP 09/30/20245,000$14.3K<0.1%00.0%Unchanged–
Integrated Rail and Res Acq45827R114*W EXP 99/99/99950,000$15.0K<0.1%00.0%Unchanged–
RF Acquisition Corp74954L120RIGHT 05/01/2028100,000$15.0K<0.1%00.0%Unchanged–
Black Spade Acquisition CoG11537118*W EXP 99/99/999150,000$15.0K<0.1%00.0%Unchanged–
Stratim Cloud Acquisition Corp.86309R115*W EXP 03/05/20276,666$15.3K<0.1%00.0%Unchanged–
CYCUWCycurion, Inc.*W EXP 09/01/202175,000$15.6K<0.1%00.0%UnchangedHistory
Financial Strategies Acquisi31772T123RIGHT 07/01/2023150,000$15.8K<0.1%00.0%Unchanged–
Ross Acquisition Corp IIG7641C114*W EXP 02/01/20261,333$16.1K<0.1%00.0%Unchanged–
MariaDB plcG5920M118*W EXP 12/16/20266,666$16.2K<0.1%00.0%Unchanged–
Flame Acquisition Corp33850F116*W EXP 02/26/20229,958$17.1K<0.1%00.0%Unchanged–
Inception Growth Acqustn Ltd45333D120RIGHT 12/08/2026175,000$17.3K<0.1%00.0%Unchanged–
Mercato Partners Acquisition Corp58759A116*W EXP 99/99/999175,000$17.5K<0.1%00.0%Unchanged–
Ef Hutton Acquisition Corp I28201D125RIGHT 11/18/202790,000$17.9K<0.1%+90,000New–
M3-Brigade Acquisition III Corp.55407R111*W EXP 07/31/20250,000$18.0K<0.1%00.0%Unchanged–
Murphy Canyon Acquisition Co626642110*W EXP 01/25/202200,000$18.0K<0.1%00.0%Unchanged–
Global Blockchain Acqui Corp37961B112RIGHT 05/09/2027225,000$18.0K<0.1%00.0%Unchanged–
Ys Biopharma Co LtdG9845F117*W EXP 03/15/202125,000$19.5K<0.1%+125,000New–
Zura Bio LtdG9TY5A119*W EXP 03/20/20275,000$19.5K<0.1%+75,000New–
Ares Acquisition CorporationG33032122*W EXP 99/99/99923,000$20.2K<0.1%00.0%Unchanged–
Bigbear AI Hldgs Inc08975B117*W EXP 99/99/99975,000$20.3K<0.1%00.0%Unchanged–
APLMWApollomics Inc.*W EXP 04/01/202200,000$21.1K<0.1%+200,000NewHistory
Digital Health Acquisition C253893119*W EXP 11/02/202250,000$21.3K<0.1%00.0%Unchanged–
GoGreen Investments CorpG9461B119*W EXP 05/31/20237,500$21.9K<0.1%00.0%Unchanged–
Genesis Unicorn Capital Corp.37187C118*W EXP 06/30/202232,500$21.9K<0.1%00.0%Unchanged–
Fat Projects Acquisition CorG3400W110*W EXP 08/31/202375,000$22.5K<0.1%00.0%Unchanged–
Energem CorpG30449121*W EXP 11/15/202275,000$23.0K<0.1%00.0%Unchanged–
Acropolis Infrastructure Acq005029111*W EXP 03/30/202135,334$23.1K<0.1%00.0%Unchanged–
Nova Vision Acquisition CorpG6759A134RIGHT 12/23/202380,000$23.2K<0.1%00.0%Unchanged–
Aimfinity Investment Corp. IG0135E126*W EXP 04/21/202350,000$25.2K<0.1%00.0%Unchanged–
Sizzle Acquisition Corp.83014E117*W EXP 11/02/20275,000$25.5K<0.1%00.0%Unchanged–
The Growth for Good Acqu CorG41522130RIGHT 11/12/2026200,000$26.0K<0.1%00.0%Unchanged–
Liberty Res Acquisition Corp53118A113*W EXP 10/31/202275,000$26.1K<0.1%00.0%Unchanged–
Roc Energy Acquisition Corp77118V116RIGHT 11/30/202875,000$26.3K<0.1%00.0%Unchanged–
Axios Sustainable GRW Acq CoG0703K124RIGHT 99/99/9999150,000$28.5K<0.1%00.0%Unchanged–
Evergreen CorpG3312W117*W EXP 02/08/202350,000$31.5K<0.1%00.0%Unchanged–
NIOBWNiocorp Developments Ltd*W EXP 03/17/20247,333$33.1K<0.1%+47,333NewHistory
Deep Medicine Acquisition Co243733110RIGHT 09/30/2028250,000$36.3K<0.1%00.0%Unchanged–
Alvarium Tiedman02237A116EQUITY WRT32,585$37.9K<0.1%+32,585New–
VGASWVerde Clean Fuels, Inc.*W EXP 02/15/202200,000$38.4K<0.1%+200,000NewHistory
eFFECTOR Therapeutics, Inc.28202V116*W EXP 12/31/202298,145$38.5K<0.1%00.0%Unchanged–
Nubia Brand International Co67022R111*W EXP 11/16/202175,000$42.0K<0.1%00.0%Unchanged–
Intuitive Machines, Inc.46125A118*W EXP 02/13/20275,000$42.0K<0.1%+75,000New–
Northview Acquisition Corp66718N129RIGHT 99/99/9999250,000$42.5K<0.1%00.0%Unchanged–
TH International LtdG8656L114*W EXP 12/15/20296,000$47.0K<0.1%00.0%Unchanged–
DRTSWAlpha Tau Medical Ltd.*W EXP 03/07/202146,256$47.8K<0.1%00.0%UnchangedHistory
HUBCWHub Cyber Security Ltd.*W EXP 02/27/202404,549$50.6K<0.1%+404,549NewHistory
Holley Inc.43538H111*W EXP 11/30/202168,750$61.1K<0.1%00.0%Unchanged–
CSSEChicken Soup for the Soul Entertainment, Inc.CL A32,000$64.0K<0.1%+32,000NewHistory
Alset Capital Acquisition Co02115M125RIGHT 01/31/2027284,000$65.3K<0.1%00.0%Unchanged–
Jupiter Wellness Acquisition Corp.48208E116RIGHT 12/31/2028175,000$70.0K<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%–