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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
BLCOBausch & Lomb CorpCOMMON SHARES822,450$14.3M0.7%+55,974+7.3%AddedHistory
Bandwidth Inc.05988JAB9NOTE 0.250% 3/0–$14.6M0.7%–––
Redfin Corp75737FAC2NOTE 10/1–$15.1M0.7%–––
Beyond Meat, Inc.08862EAB5NOTE 3/1–$15.5M0.7%–––
Garrett Motion Inc.366505204COMM1,864,870$16.6M0.8%00.0%Unchanged–
Splunk Inc848637AC8NOTE 0.500% 9/1–$16.8M0.8%–New–
Cryolife Inc228903AB6NOTE 4.250% 7/0–$17.3M0.8%–––
EXEExpand Energy CorpCOM255,250$19.4M0.9%00.0%UnchangedHistory
Coinbase Global, Inc.19260QAB3NOTE 0.500% 6/0–$19.8M1.0%–––
Infinera Corp45667GAF0DEBT 3.750% 8/0–$20.3M1.0%–––
NENoble Corp plcORD SHS A514,594$20.3M1.0%00.0%UnchangedHistory
BNBROOKFIELD CorpCL A LTD VT SH631,895$20.6M1.0%+631,895NewHistory
Encore Cap Group Inc292554AM4NOTE 3.250%10/0–$20.9M1.0%–––
Transocean Ltd.893830BW8DEB 4.625% 9/3–$21.4M1.0%–––
Xometry, Inc.98423FAB5NOTE 1.000% 2/0–$23.8M1.1%–New–
HEI.AHeico CorpCL A183,581$24.9M1.2%00.0%UnchangedHistory
Maxeon Solar Technologies LT57779BAB0NOTE 6.500% 7/1–$26.3M1.3%–––
Bill Com Hldgs Inc090043AB6NOTE 12/0–$26.4M1.3%–––
CIVICivitas Resources, Inc.EQUITY US CM401,608$27.4M1.3%−70,000−14.8%ReducedHistory
CHRDChord Energy CorpCOM NEW216,550$29.1M1.4%00.0%UnchangedHistory
Marathon Digital Holdings IN565788AB2NOTE 1.000%12/0–$30.4M1.5%–––
Zscaler, Inc.98980GAB8NOTE 0.125% 7/0–$30.8M1.5%–––
WTWWillis Towers Watson PLCSHS137,653$32.0M1.5%−42,300−23.5%ReducedHistory
Array Technologies, Inc.04271TAB6NOTE 1.000%12/0–$32.1M1.5%–––
PPLIPeople IncCOM NEW645,205$33.3M1.6%+243,066+60.4%AddedHistory
Wayfair Inc.94419LAF8NOTE 1.000% 8/1–$34.6M1.7%–––
Nova Ltd.66980MAB2NOTE 10/1–$35.5M1.7%–––
VALValaris LtdCL A556,005$36.2M1.7%−280,000−33.5%ReducedHistory
MicroStrategy Inc594972AE1NOTE 2/1–$42.3M2.0%–––
DISH Network CORP25470MAF6NOTE 12/1–$45.6M2.2%–––
TFPMTriple Flag Precious Metals Corp.Stock3,588,727$53.6M2.6%+625,587+21.1%AddedHistory
GPORGulfport Energy CorpCOMMON SHARES709,085$56.7M2.7%00.0%UnchangedHistory
MicroStrategy Inc594972AC5NOTE 0.750%12/1–$66.7M3.2%–––
Wix.com Ltd.92940WAB5NOTE 7/0–$67.0M3.2%–––
Sunnova Energy Intl Inc.86745KAF1NOTE 0.250%12/0–$72.9M3.5%–––
Cree Inc225447AD3NOTE 1.750% 5/0–$73.3M3.5%–––
On Semiconductor Corp682189AS4NOTE 5/0–$82.4M4.0%–––
LBRDKLiberty Broadband CorpCOM SER C1,044,697$85.4M4.1%+46,608+4.7%AddedHistory
Copa Holdings SA21720AAB8NOTE 4.500% 4/1–$96.1M4.6%–––
Zillow Group, Inc.98954MAG6NOTE 1.375% 9/0–$96.2M4.6%–––
American Airls Group Inc02376RAF9NOTE 6.500% 7/0–$130.3M6.3%–––

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%–