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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
PSNYWPolestar Automotive Holding UK PLCADS C-1100,000$83.1K<0.1%00.0%UnchangedHistory
ASTLWAlgoma Steel Group Inc.*W EXP 10/19/20247,644$83.4K<0.1%00.0%UnchangedHistory
Westrock Coffee Co96145W111*W EXP 08/29/20250,000$121.5K<0.1%00.0%Unchanged–
Hammerhead Energy Inc408302115*W EXP 02/23/202125,000$137.5K<0.1%+125,000New–
Ahren Acquisition Corp.G01322109CLASS A ORD SHS15,000$156.2K<0.1%00.0%Unchanged–
Cactus Acquisition Corp. 1 LtdG1745A108CLASS A ORD20,000$208.8K<0.1%00.0%Unchanged–
7 Acquisition CorpG80694105SHS CL A20,000$208.8K<0.1%00.0%Unchanged–
CITECartica Acquisition CorpCLASS A ORD SHS20,000$210.4K<0.1%00.0%UnchangedHistory
BZHBeazer Homes USA IncCOM NEW13,876$220.4K<0.1%−35,511−71.9%ReducedHistory
CFFSCF Acquisition Corp. VIICLASS A COM25,000$258.5K<0.1%00.0%UnchangedHistory
GCT Semiconductor Holding, Inc.20607V106COM CL A25,000$259.3K<0.1%00.0%Unchanged–
Bullpen Parlay Acquisition CG1792A100CLASS A ORD SHS25,000$260.5K<0.1%00.0%Unchanged–
EVEEVe Mobility Acquisition CorpCL A ORD SHS25,000$260.9K<0.1%00.0%UnchangedHistory
Investcorp India Acquistn CoG49219101CLASS A ORD SHS25,000$263.0K<0.1%00.0%Unchanged–
TCVATCV Acquisition Corp.CL A SHS29,600$303.1K<0.1%00.0%UnchangedHistory
Axonprime Infrstctr Aqstn Co05467C108CLASS A COM30,000$303.3K<0.1%00.0%Unchanged–
SCRMScreaming Eagle Acquisition Corp.CLASS A ORD SHS35,000$355.6K<0.1%00.0%UnchangedHistory
Mobiv Acquisition Corp60742N106CLASS A COM35,000$364.4K<0.1%00.0%Unchanged–
SBCSBC Medical Group Holdings IncCOM35,000$365.4K<0.1%00.0%UnchangedHistory
Roadzen Inc.G9320Z109CLASS A ORD40,000$418.0K<0.1%00.0%Unchanged–
VODVodafone Group Public Ltd CoADR38,305$422.9K<0.1%00.0%UnchangedHistory
Consilium Acquisitn Corp I LG2365L101CLASS A ORD SHS45,000$466.0K<0.1%00.0%Unchanged–
TPG Pace Beneficial II CorpG89826104COMMON STOCK49,600$494.5K<0.1%00.0%Unchanged–
Blue Whale Acquisition Cor AG1330M103CLASS A ORD SHS50,000$497.0K<0.1%00.0%Unchanged–
Post Holdings Partnering Cor737465104COM SER A50,000$506.0K<0.1%00.0%Unchanged–
OKLOOklo Inc.COM CL A50,000$507.5K<0.1%00.0%UnchangedHistory
HCNEJaws Hurricane Acquisition CorpCLASS A COM50,000$508.5K<0.1%00.0%UnchangedHistory
PEGRProject Energy Reimagined Acquisition Corp.CLASS A ORD50,000$510.5K<0.1%00.0%UnchangedHistory
Metals Acquisition CorpG60405100SHS CL A50,000$511.0K<0.1%00.0%Unchanged–
SILVERspac Inc.G8136V104CLASS A ORD50,000$511.5K<0.1%00.0%Unchanged–
RCACRevelstone Capital Acquisition Corp.CLASS A COM50,000$513.0K<0.1%00.0%UnchangedHistory
SDCL EDGE Acquisition CorpG79471101CL A ORD SHS50,000$513.5K<0.1%00.0%Unchanged–
Swiftmerge Acquisition CorpG63836103CLASS A ORD SHS50,000$515.5K<0.1%00.0%Unchanged–
Juniper II Corp48203N103CL A COM50,000$519.0K<0.1%00.0%Unchanged–
SUACShoulderUP Technology Acquisition Corp.CL A COM50,000$520.0K<0.1%00.0%UnchangedHistory
KnightSwan Acquisition Corp499103109CL A COM50,000$520.5K<0.1%00.0%Unchanged–
Lava Medtech Acquisition Cor519345102CLASS A COM50,000$521.5K<0.1%00.0%Unchanged–
RCFAPerception Capital Corp. IVCL A COM50,000$521.5K<0.1%00.0%UnchangedHistory
PGSSPegasus Digital Mobility Acquisition Corp.CL A ORD SHS50,000$522.0K<0.1%00.0%UnchangedHistory
HCM Acquisition CorpG4365A101CLASS A ORD SHS50,000$522.0K<0.1%00.0%Unchanged–
PRLHPearl Holdings Acquisition CorpCLASS A ORD SHS50,000$522.0K<0.1%00.0%UnchangedHistory
Anthemis Digital AcquisitionG03959106CLASS A ORD50,000$522.5K<0.1%00.0%Unchanged–
Trine II Acquisition Corp.G9059F100CL A ORD SHS50,000$523.0K<0.1%00.0%Unchanged–
PHYTPyrophyte Acquisition Corp.CL A ORD SHS50,000$525.3K<0.1%00.0%UnchangedHistory
Andretti Acquisition CorpG26735103CL A ORD SHS50,000$525.5K<0.1%00.0%Unchanged–
Ap Acquisition CorpG04058106CL A ORD SHS50,000$527.5K<0.1%00.0%Unchanged–
IHRTiHeartMedia, Inc.COM CL A135,559$528.7K<0.1%+105,214+346.7%AddedHistory
PNSTPinstripes Holdings, Inc.CL A COM55,000$572.0K<0.1%00.0%UnchangedHistory
OVVOvintiv Inc.COM16,455$593.7K<0.1%+4,000+32.1%AddedHistory
OPTUOptimum Communications, Inc.CL A175,597$600.5K<0.1%−179,573−50.6%ReducedHistory
FNVTFinnovate Acquisition Corp.CLASS A ORD SHS60,000$625.8K<0.1%00.0%UnchangedHistory
Ftac Zeus Acquisition Cor30320F106CLASS A COM65,000$667.5K<0.1%00.0%Unchanged–
WRKWestRock CoCOM22,000$670.3K<0.1%+22,000NewHistory
Zimmer Energy Transition Acq989570106COM CL A68,331$692.2K<0.1%00.0%Unchanged–
Oak Woods Acquisition Corp67190B203UNIT 03/23/202868,000$693.6K<0.1%+68,000New–
Iconic Sports Acquisition Corp.G4712C107CL A ORD SHS70,000$735.4K<0.1%00.0%Unchanged–
HWELHealthwell Acquisition Corp. ICLASS A COM75,000$760.9K<0.1%00.0%UnchangedHistory
Alpha Healthcare Acqu Corp I02073F104CLASS A COM75,000$761.3K<0.1%00.0%Unchanged–
LOCCLive Oak Crestview Climate Acquisition Corp.CL A COM75,600$763.6K<0.1%00.0%UnchangedHistory
Orion Biotech Opportuntes CoG6780C109CLASS A ORD SHS75,000$767.3K<0.1%00.0%Unchanged–
Alpha Partners Tech Mergr CoG63290111CLASS A ORD SHS75,000$768.0K<0.1%00.0%Unchanged–
Monterey Cap Acquisition Cor61244M109CLASS A COM75,000$769.5K<0.1%00.0%Unchanged–
ROCLRoth CH Acquisition V Co.COM75,000$774.0K<0.1%00.0%UnchangedHistory
MERCMercer International Inc.COM79,387$776.0K<0.1%+5,000+6.7%AddedHistory
St Energy Transition I LtdG8465L107CL A ORD SHS75,000$778.5K<0.1%00.0%Unchanged–
Jaguar Global Growth Corp IG5S11A106CLASS A ORD SHS75,000$779.3K<0.1%00.0%Unchanged–
DEVSFDevvStream Corp.CLASS A COM75,000$780.0K<0.1%+75,000NewHistory
NFNTInfinite Acquisition Corp.CL A ORD SHS75,000$781.1K<0.1%00.0%UnchangedHistory
ENTFEnterprise 4.0 Technology Acquisition CorpCLASS A ORD SHS75,000$782.3K<0.1%00.0%UnchangedHistory
EONREON Resources Inc.COM CL A75,000$783.0K<0.1%00.0%UnchangedHistory
Roc Energy Acquisition Corp77118V108COMMON STOCK75,000$783.8K<0.1%00.0%Unchanged–
Nabors Energy Transition Cor629567108CL A COM75,000$787.5K<0.1%00.0%Unchanged–
Green Visor Fin Tec Acq CorpG4166K100CLASS A ORD75,000$789.8K<0.1%00.0%Unchanged–
GoGreen Investments CorpG9461B101ORD SHS CL A75,000$791.3K<0.1%00.0%Unchanged–
Skydeck Acquisition Corp.G82220123CLASS A ORD SHS84,641$865.9K<0.1%00.0%Unchanged–
Colombier Acquisition Corp19533H108CL A87,832$889.7K<0.1%00.0%Unchanged–
Ef Hutton Acquisition Corp I28201D109COM90,000$924.3K<0.1%+90,000New–
Khosla Ventures Acqut Co III482506102COM CL A92,000$933.8K<0.1%00.0%Unchanged–
Tio Tech AG8T10C106CLASS A ORD SHS92,000$936.6K<0.1%00.0%Unchanged–
B Riley Prin 250 Merger Corp05602L104CLASS A COM100,000$1.02M<0.1%00.0%Unchanged–
Distoken Acquisition CorpG27740110ORDINARY SHARES100,000$1.02M<0.1%+100,000New–
RRyder System IncCOM11,419$1.02M<0.1%00.0%UnchangedHistory
NFYSEnphys Acquisition Corp.CL A ORD SHS100,000$1.02M<0.1%00.0%UnchangedHistory
FLDFold Holdings, Inc.COM CL A100,000$1.02M<0.1%00.0%UnchangedHistory
BLEUbleuacacia ltdCLASS A ORD SHS100,000$1.02M<0.1%00.0%UnchangedHistory
Jaws Juggernaut Acquisitn CoG50735102CLASS A ORD SHS100,000$1.02M<0.1%00.0%Unchanged–
ATEKAthena Technology Acquisition Corp. IICL A COM100,000$1.02M<0.1%00.0%UnchangedHistory
Power & Digital Infrastructu73919C100CLASS A COM100,000$1.02M<0.1%00.0%Unchanged–
Clean Earth Acquisitions Cor184493104CLASS A COM100,000$1.03M<0.1%00.0%Unchanged–
Pono Cap Three IncG71704129UNIT 01/11/2028100,000$1.03M<0.1%+100,000New–
VMG Consumer Acquisition Cor91842V102CLASS A COM100,000$1.03M<0.1%00.0%Unchanged–
CMCAFPiermont Valley Acquisition CorpCLASS A ORD SHS98,529$1.03M<0.1%00.0%UnchangedHistory
G Squared Ascend II IncG42041106COM CL A100,000$1.04M<0.1%00.0%Unchanged–
Galata Acquisition CorpG3R23A108SHS CL A100,000$1.04M<0.1%00.0%Unchanged–
FG Merger Corp30324Y101COMMON STOCK100,000$1.04M<0.1%00.0%Unchanged–
Heartland Media Acquisition Corp.42237V108CL A COM100,000$1.04M0.1%00.0%Unchanged–
HAIAHealthcare AI Acquisition Corp.CLASS A ORD SHS100,000$1.04M0.1%00.0%UnchangedHistory
Spree Acquisition Corp. 1 LtdG83745102CL A ORD SHS100,000$1.04M0.1%00.0%Unchanged–
TGAATarget Global Acquisition I Corp.CLASS A ORD SHS100,000$1.04M0.1%00.0%UnchangedHistory
BFACBattery Future Acquisition Corp.CL A ORD SHS100,000$1.04M0.1%00.0%UnchangedHistory

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%–