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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
Sculptor Acquisition Corp IG7T983103CL A COM100,000$1.04M0.1%00.0%Unchanged–
LGVCLAMF Global Ventures Corp. ICLASS A ORD100,000$1.04M0.1%00.0%UnchangedHistory
Rigel Resource Acq CorpG7573M106CL A ORD SHS100,000$1.05M0.1%00.0%Unchanged–
RENEFCartesian Growth Corp IICLASS A ORD100,000$1.05M0.1%00.0%UnchangedHistory
Forbion European Acqustn CorG3619H102CLASS A ORD SHS100,000$1.05M0.1%00.0%Unchanged–
CCOClear Channel Outdoor Holdings, Inc.COM879,522$1.06M0.1%+290,000+49.2%AddedHistory
PBFPBF Energy Inc.CL A24,977$1.08M0.1%+2,000+8.7%AddedHistory
KBHKB HomeCOM28,012$1.13M0.1%−16,437−37.0%ReducedHistory
PTC Therapeutics, Inc.69366JAD3NOTE 1.500% 9/1–$1.13M0.1%–New–
OGNOrganon & Co.Stock51,224$1.20M0.1%00.0%UnchangedHistory
ZLSZalatoris II Acquisition CorpCLASS A ORD121,447$1.24M0.1%00.0%UnchangedHistory
LIVBLIV Capital Acquisition Corp. IICLASS A ORD SHS120,000$1.25M0.1%00.0%UnchangedHistory
Worldwide Webb Acquisition CG97775103CLASS A ORD SHS121,322$1.26M0.1%00.0%Unchanged–
KYCHKeyarch Acquisition CorpORD SHS CL A125,000$1.29M0.1%00.0%UnchangedHistory
AEAEAltEnergy Acquisition CorpCOM CL A125,000$1.30M0.1%00.0%UnchangedHistory
Signal Hill Acquisition Corp82664R105CLASS A COM125,000$1.30M0.1%00.0%Unchanged–
BIOSBioPlus Acquisition Corp.CLASS A ORD SHS125,000$1.30M0.1%00.0%UnchangedHistory
CRECCrescera Capital Acquisition Corp.CLASS A ORD SHS125,000$1.31M0.1%00.0%UnchangedHistory
EOCWElliott Opportunity II Corp.SHS CL A130,650$1.34M0.1%00.0%UnchangedHistory
KSSKOHLS CorpStock57,770$1.36M0.1%+8,000+16.1%AddedHistory
Liberty Media Corp530715AG6DEB 4.000%11/1–$1.37M0.1%–––
DALDelta Air Lines, Inc.COM NEW40,786$1.42M0.1%−13,000−24.2%ReducedHistory
CVIIChurchill Capital Corp VIICOM CL A142,000$1.44M0.1%00.0%UnchangedHistory
WBDWarner Bros. Discovery, Inc.Stock96,396$1.46M0.1%−34,000−26.1%ReducedHistory
Gores Holdings IX, Inc.38287A101CLASS A COM150,000$1.51M0.1%00.0%Unchanged–
Banner Acquisition Corp.06654K101CLASS A COM150,000$1.54M0.1%00.0%Unchanged–
M3-Brigade Acquisition III Corp.55407R103CL A COM150,000$1.55M0.1%00.0%Unchanged–
BOCNBlue Ocean Acquisition CorpCLASS A ORD SHS150,000$1.56M0.1%00.0%UnchangedHistory
ADRTAult Disruptive Technologies CorpCOM150,000$1.57M0.1%00.0%UnchangedHistory
FTIIFutureTech II Acquisition Corp.CLASS A COM151,600$1.59M0.1%00.0%UnchangedHistory
Eg Acquisition Corp26846A100COM CL A159,975$1.63M0.1%00.0%Unchanged–
Bilibili Inc.090040AF3NOTE 0.500%12/0–$1.74M0.1%–––
VLATValor Latitude Acquisition Corp.CLASS A ORD SHS175,000$1.79M0.1%00.0%UnchangedHistory
TRTLTortoiseEcofin Acquisition Corp. IIISHS CL A177,835$1.82M0.1%00.0%UnchangedHistory
LATGChenghe Acquisition I Co.CLASS A ORD SHS175,000$1.83M0.1%00.0%UnchangedHistory
SHUASHUAA Partners Acquisition Corp ICLASS A ORD SHS175,000$1.84M0.1%00.0%UnchangedHistory
JWACJupiter Wellness Acquisition Corp.CLASS A COM175,000$1.85M0.1%00.0%UnchangedHistory
DUETDUET Acquisition Corp.CLASS A COM195,100$2.02M0.1%00.0%UnchangedHistory
The Growth for Good Acqu CorG41522106CLASS A ORD SHS200,000$2.05M0.1%00.0%Unchanged–
Jackson Acquisition Co46653C106COM CL A200,000$2.06M0.1%00.0%Unchanged–
TGVCTG Venture Acquisition Corp.CLASS A COM200,000$2.07M0.1%00.0%UnchangedHistory
BHCBausch Health Companies Inc.Stock256,000$2.07M0.1%−319,500−55.5%ReducedHistory
Southport Acquisition Corp84465L105CL A COM200,000$2.08M0.1%00.0%Unchanged–
SOARVolato Group, Inc.CL A COM200,000$2.09M0.1%00.0%UnchangedHistory
Aura Fat Projs Acquisition CG06362100CLASS A ORD200,000$2.09M0.1%00.0%Unchanged–
Semnur Pharmaceuticals, Inc.G6256B106CLASS A ORD200,000$2.09M0.1%00.0%Unchanged–
Everest Consolidator Acq Cor29978K102CL A COM200,000$2.10M0.1%00.0%Unchanged–
MBIMbia IncCOM227,101$2.10M0.1%+46,924+26.0%AddedHistory
SKGRUSK Growth Opportunities CorpUNIT 06/28/2029200,000$2.11M0.1%00.0%UnchangedHistory
Vroom, Inc.92918VAB5NOTE 0.750% 7/0–$2.27M0.1%–––
GBBKGlobal Blockchain Acquisition Corp.COMMON STOCK225,000$2.31M0.1%00.0%UnchangedHistory
Coherus Biosciences Inc19249HAB9NOTE 1.500% 4/1–$2.44M0.1%–––
Sound Point Acquisition CorpG8274F101CLASS A ORD SHS234,451$2.47M0.1%00.0%Unchanged–
DNABSocial Capital Suvretta Holdings Corp. IICLASS A ORD SHS250,000$2.56M0.1%00.0%UnchangedHistory
DNADSocial Capital Suvretta Holdings Corp. IVCLASS A ORD SHS250,000$2.56M0.1%00.0%UnchangedHistory
Artemis Strategic Invt Corp04303A103COM CL A250,000$2.58M0.1%00.0%Unchanged–
Kensington Capital AcquisitiG5251K103SHS CL A250,000$2.60M0.1%00.0%Unchanged–
ASBPAspire-Lakewood Holdings, Inc.CLASS A ORDI SHS250,000$2.63M0.1%00.0%UnchangedHistory
JWNNordstrom IncStock164,457$2.68M0.1%+68,457+71.3%AddedHistory
APGBApollo Strategic Growth Capital IISHS CL A265,000$2.72M0.1%00.0%UnchangedHistory
Liberty Media Corp530715AL5DEB 3.750% 2/1–$2.88M0.1%–––
LIBYLiberty Resources Acquisition Corp.CLASS A COM275,000$2.89M0.1%00.0%UnchangedHistory
ESYNHWH International Inc.CLASS A COM284,000$2.92M0.1%00.0%UnchangedHistory
TWCBBilander Acquisition Corp.CL A COM300,000$3.03M0.1%00.0%UnchangedHistory
Black Spade Acquisition CoG11537100SHS CL A300,000$3.08M0.1%00.0%Unchanged–
Vision Sensing Acquisition C92838J103CLASS A COM300,000$3.15M0.2%00.0%Unchanged–
HTZWWHertz Global Holdings, IncCommon Stock391,789$3.48M0.2%00.0%UnchangedHistory
Omeros Corp682143AG7NOTE 5.250% 2/1–$3.53M0.2%–––
LUVSouthwest Airlines CoCOM111,200$3.62M0.2%+10,400+10.3%AddedHistory
Aimfinity Investment Corp. IG0135E142UNIT 04/21/2027350,000$3.62M0.2%00.0%Unchanged–
DCHDauch CorpCOM468,561$3.66M0.2%−150,672−24.3%ReducedHistory
Evergreen CorpG3312W109CLASS A ORD SHS350,000$3.66M0.2%00.0%Unchanged–
Nubia Brand International Co67022R103CLASS A COM350,000$3.69M0.2%00.0%Unchanged–
Gossamer Bio, Inc.38341PAA0NOTE 5.000% 6/0–$4.06M0.2%–––
Acropolis Infrastructure Acq005029103CL A406,003$4.11M0.2%00.0%Unchanged–
GMGeneral Motors CoCOM116,669$4.28M0.2%−5,000−4.1%ReducedHistory
THCPThunder Bridge Capital Partners IV, Inc.CLASS A COM440,000$4.45M0.2%00.0%UnchangedHistory
Royal Caribbean Group780153BB7NOTE 4.250% 6/1–$4.56M0.2%–––
GTGoodyear Tire & Rubber CoCOM475,411$5.24M0.3%+24,405+5.4%AddedHistory
HC2 Hldgs Inc404139AG2NOTE 7.500% 8/0–$6.09M0.3%–––
Protalix BioTherapeutics, Inc.74365AAJ0NOTE 7.500% 9/0–$6.13M0.3%–––
DocuSign, Inc.256163AB2NOTE 0.500% 9/1–$6.46M0.3%–––
Two HBRS Invt Corp90187BAB7NOTE 6.250% 1/1–$6.53M0.3%–––
DraftKings Inc.26142RAB0NOTE 3/1–$6.75M0.3%–––
Amryt Pharma PLC03217L106SPONSORED ADS466,712$6.80M0.3%00.0%Unchanged–
Carnival Corp Ltd.14365C103ADR819,484$7.50M0.4%−76,806−8.6%Reduced–
Esperion Therapeutics Inc Ne29664WAB1NOTE 4.000%11/1–$8.16M0.4%–––
FOXFox CorpCL B COM289,126$9.05M0.4%00.0%UnchangedHistory
Upstart Hldgs Inc91680MAB3NOTE 0.250% 8/1–$9.19M0.4%–––
Veritone, Inc.92347MAB6NOTE 1.750%11/1–$9.47M0.5%–––
LBRDALiberty Broadband CorpCOM SER A118,151$9.70M0.5%00.0%UnchangedHistory
Bloom Energy Corp093712AH0NOTE 2.500% 8/1–$10.1M0.5%–––
BAXBaxter International IncStock256,700$10.4M0.5%+256,700NewHistory
Omeros Corp682143AE2NOTE 6.250%11/1–$10.6M0.5%–––
Realogy Grp LLC/Realogy Co75606DAP6NOTE 0.250% 6/1–$10.6M0.5%–––
Redfin Corp75737FAE8NOTE 0.500% 4/0–$11.6M0.6%–––
NCL Corp Ltd62886HBD2NOTE 1.125% 2/1–$12.0M0.6%–––
ACIAlbertsons Companies, Inc.COMMON STOCK581,300$12.1M0.6%+581,300NewHistory
ATVIActivision Blizzard, Inc.COM146,662$12.6M0.6%−109,403−42.7%ReducedHistory
THCTenet Healthcare CorpCOM NEW214,329$12.7M0.6%+49,671+30.2%AddedHistory

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%–