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Whitebox Advisors LLC

SEC CIK
0001257391
Latest filing
Aug 14, 2026

Holdings in Q3 2023

Holdings as of Sep 30, 2023, filed Nov 14, 2023. Long positions only; changes compare share counts with Q2 2023.

Institution overview
Positions
358
−58 vs. Q2 2023
Portfolio value
$2.03B
−$39.3M (−1.9%) vs. Q2 2023
Filed
Nov 14, 2023
SEC
Holdings of Whitebox Advisors LLC in Q3 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
LBRDKLiberty Broadband CorpCOM SER C1,754,922$160.3M7.9%+284,525+19.4%AddedHistory
Royal Caribbean Group780153BQ4NOTE 6.000% 8/1–$142.4M7.0%–New–
Transocean Ltd.893830BW8DEB 4.625% 9/3–$118.1M5.8%–––
American Airls Group Inc02376RAF9NOTE 6.500% 7/0–$113.3M5.6%–––
On Semiconductor Corp682189AS4NOTE 5/0–$99.9M4.9%–––
Zillow Group, Inc.98954MAG6NOTE 1.375% 9/0–$90.1M4.4%–––
MicroStrategy Inc594972AC5NOTE 0.750%12/1–$73.1M3.6%–––
Sunnova Energy Intl Inc.86745KAF1NOTE 0.250%12/0–$67.8M3.3%–––
MicroStrategy Inc594972AE1NOTE 2/1–$54.2M2.7%–––
GPORGulfport Energy CorpCOMMON SHARES401,747$47.7M2.3%−161,064−28.6%ReducedHistory
TFPMTriple Flag Precious Metals Corp.Stock3,567,446$46.6M2.3%00.0%UnchangedHistory
PPLIPeople IncCOM NEW893,890$45.0M2.2%+176,111+24.5%AddedHistory
Wayfair Inc.94419LAP6NOTE 3.250% 9/1–$43.9M2.2%–New–
VALValaris LtdCL A526,005$39.4M1.9%−30,000−5.4%ReducedHistory
Array Technologies, Inc.04271TAB6NOTE 1.000%12/0–$34.7M1.7%–––
Nova Ltd.66980MAB2NOTE 10/1–$33.8M1.7%–––
Cree Inc225447AD3NOTE 1.750% 5/0–$33.5M1.7%–––
BNBROOKFIELD CorpCL A LTD VT SH1,013,940$31.7M1.6%+382,045+60.5%AddedHistory
CHRDChord Energy CorpCOM NEW177,550$28.8M1.4%00.0%UnchangedHistory
BAXBaxter International IncStock728,500$27.5M1.4%+136,500+23.1%AddedHistory
ACIAlbertsons Companies, Inc.COMMON STOCK1,106,822$25.2M1.2%+470,736+74.0%AddedHistory
Coinbase Global, Inc.19260QAB3NOTE 0.500% 6/0–$24.2M1.2%–––
DISH Network CORP25470MAF6NOTE 12/1–$24.0M1.2%–––
HEI.AHeico CorpCL A183,581$23.7M1.2%00.0%UnchangedHistory
EXEExpand Energy CorpCOM255,250$22.0M1.1%00.0%UnchangedHistory
Wayfair Inc.94419LAF8NOTE 1.000% 8/1–$21.9M1.1%–––
HCI Group, Inc.40416EAF0NOTE 4.750% 6/0–$20.9M1.0%–––
Marathon Digital Holdings IN565788AB2NOTE 1.000%12/0–$20.9M1.0%–––
Beyond Meat, Inc.08862EAB5NOTE 3/1–$20.8M1.0%–––
Encore Cap Group Inc292554AM4NOTE 3.250%10/0–$20.2M1.0%–––
Xometry, Inc.98423FAB5NOTE 1.000% 2/0–$20.1M1.0%–––
Zscaler, Inc.98980GAB8NOTE 0.125% 7/0–$20.0M1.0%–––
NENoble Corp plcORD SHS A384,594$19.5M1.0%−150,000−28.1%ReducedHistory
Cryolife Inc228903AB6NOTE 4.250% 7/0–$19.4M1.0%–––
Bill Com Hldgs Inc090043AB6NOTE 12/0–$19.2M0.9%–––
INSMED Inc457669AB5NOTE 0.750% 6/0–$18.4M0.9%–––
GRFSGrifols SASP ADR REP B NVT1,966,106$18.0M0.9%+1,966,106NewHistory
Maxeon Solar Technologies LT57779BAB0NOTE 6.500% 7/1–$17.3M0.8%–––
Bandwidth Inc.05988JAB9NOTE 0.250% 3/0–$15.8M0.8%–––
Infinera Corp45667GAG8NOTE 3.750% 8/0–$14.0M0.7%–New–
Upstart Hldgs Inc91680MAB3NOTE 0.250% 8/1–$13.8M0.7%–––
BLCOBausch & Lomb CorpCOMMON SHARES801,647$13.6M0.7%+253,667+46.3%AddedHistory
AQNAlgonquin Power & Utilities Corp.COM2,215,000$13.1M0.6%+1,270,000+134.4%AddedHistory
Realogy Grp LLC/Realogy Co75606DAP6NOTE 0.250% 6/1–$11.8M0.6%–––
DENDenbury IncCOM114,000$11.2M0.5%+114,000NewHistory
LBRDALiberty Broadband CorpCOM SER A118,151$10.7M0.5%00.0%UnchangedHistory
Redfin Corp75737FAE8NOTE 0.500% 4/0–$10.3M0.5%–––
BHCBausch Health Companies Inc.Stock1,194,000$9.81M0.5%+104,000+9.5%AddedHistory
THCTenet Healthcare CorpCOM NEW141,546$9.33M0.5%00.0%UnchangedHistory
Omeros Corp682143AE2NOTE 6.250%11/1–$9.21M0.5%–––
PTC Therapeutics, Inc.69366JAD3NOTE 1.500% 9/1–$9.11M0.4%–––
Omeros Corp682143AG7NOTE 5.250% 2/1–$8.70M0.4%–––
Esperion Therapeutics Inc Ne29664WAB1NOTE 4.000%11/1–$8.68M0.4%–––
Two HBRS Invt Corp90187BAB7NOTE 6.250% 1/1–$7.45M0.4%–––
NCMINational CineMedia, Inc.COM NEW1,562,505$7.02M0.3%+1,562,505NewHistory
AAPLApple Inc.Stock37,500$6.42M0.3%+37,500NewHistory
Carnival Corp Ltd.14365C103ADR496,904$6.09M0.3%−322,580−39.4%Reduced–
Liberty Media Corp531229813Stock235,660$6.00M0.3%+235,660New–
GMGeneral Motors CoCOM177,867$5.86M0.3%+58,198+48.6%AddedHistory
DBDDiebold Nixdorf, IncCOM SHS301,945$5.72M0.3%+301,945NewHistory
Sarepta Therapeutics, Inc.803607AD2NOTE 1.250% 9/1–$5.58M0.3%–New–
Liberty Media Corp530715AL5DEB 3.750% 2/1–$5.48M0.3%–––
GTGoodyear Tire & Rubber CoCOM440,411$5.47M0.3%+20,000+4.8%AddedHistory
Exact Sciences Corp30063PAA3NOTE 1.000% 1/1–$5.46M0.3%–New–
Cutera Inc232109AD0NOTE 2.250% 6/0–$4.81M0.2%–––
Veritone, Inc.92347MAB6NOTE 1.750%11/1–$4.57M0.2%–––
DCHDauch CorpCOM612,069$4.44M0.2%+107,057+21.2%AddedHistory
CYHCommunity Health Systems IncCOM1,488,571$4.32M0.2%+578,277+63.5%AddedHistory
HC2 Hldgs Inc404139AG2NOTE 7.500% 8/0–$4.24M0.2%–––
Liberty Media Corp531229789Stock161,340$4.11M0.2%+161,340New–
Redwood Trust Inc758075AF2NOTE 7.750% 6/1–$4.04M0.2%–––
Gossamer Bio, Inc.38341PAA0NOTE 5.000% 6/0–$3.87M0.2%–––
Liberty Media Corp530715AG6DEB 4.000%11/1–$2.74M0.1%–––
TAT&T Inc.Stock172,847$2.60M0.1%+172,847NewHistory
JWNNordstrom IncStock167,457$2.50M0.1%+32,000+23.6%AddedHistory
HTZWWHertz Global Holdings, IncCommon Stock396,789$2.43M0.1%+5,000+1.3%AddedHistory
RRyder System IncCOM21,514$2.30M0.1%−414−1.9%ReducedHistory
Semnur Pharmaceuticals, Inc.G6256B106CLASS A ORD200,000$2.19M0.1%00.0%Unchanged–
SKGRUSK Growth Opportunities CorpUNIT 06/28/2029200,000$2.16M0.1%00.0%UnchangedHistory
DALDelta Air Lines, Inc.COM NEW54,786$2.03M0.1%+7,000+14.6%AddedHistory
WKWorkiva IncCOM CL A19,758$2.00M0.1%+19,758NewHistory
Uber Technologies, Inc90353TAJ9NOTE 12/1–$1.87M0.1%–––
TRTLTortoiseEcofin Acquisition Corp. IIISHS CL A177,835$1.86M0.1%00.0%UnchangedHistory
Bilibili Inc.090040AF3NOTE 0.500%12/0–$1.78M0.1%–––
Gores Holdings IX, Inc.38287A101CLASS A COM150,000$1.56M0.1%00.0%Unchanged–
OGNOrganon & Co.Stock88,343$1.53M0.1%−47,000−34.7%ReducedHistory
Paramount Global92556H206CL B107,723$1.39M0.1%+15,000+16.2%Added–
ELBMElectra Battery Materials CorpCOM NEW2,143,875$1.33M0.1%+2,143,875NewHistory
WBDWarner Bros. Discovery, Inc.Stock110,396$1.20M0.1%+5,000+4.7%AddedHistory
KSSKOHLS CorpStock56,770$1.19M0.1%+2,000+3.7%AddedHistory
LUVSouthwest Airlines CoCOM41,166$1.11M0.1%−81,334−66.4%ReducedHistory
Forbion European Acqustn CorG3619H102CLASS A ORD SHS100,000$1.10M0.1%00.0%Unchanged–
RENEFCartesian Growth Corp IICLASS A ORD100,000$1.09M0.1%00.0%UnchangedHistory
Pono Cap Three IncG71704103ORD SHS CL A100,000$1.05M0.1%+100,000New–
Distoken Acquisition CorpG27740110ORDINARY SHARES100,000$1.05M0.1%00.0%Unchanged–
MBIMbia IncCOM143,264$1.03M0.1%−229,373−61.6%ReducedHistory
OVVOvintiv Inc.COM20,550$977.6K<0.1%+3,095+17.7%AddedHistory
AEISAdvanced Energy Industries IncCOM8,700$897.1K<0.1%+8,700NewHistory
Monterey Cap Acquisition Cor61244M109CLASS A COM75,000$797.3K<0.1%00.0%Unchanged–
KVAUFKeen Vision Acquisition Corp.UNIT 99/99/999975,000$770.3K<0.1%+75,000NewHistory

Options (27)

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 Q3 2023
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$406.1M–
AALAmerican Airlines Group Inc.Stock$165.2M–
RCLRoyal Caribbean Cruises LtdCOM$147.4M–
AAPLApple Inc.Stock$89.0M–
CCLCarnival Corp Ltd.UNIT 99/99/9999$70.0M–
WOLFWolfspeed, Inc.Stock$38.1M–
TDWTidewater IncCOM–$35.5M
UALUnited Airlines Holdings, Inc.COM$32.6M–
BYNDBeyond Meat, Inc.COM$24.5M–
CATCaterpillar IncStock$13.7M–
CHTRCharter Communications, Inc.CL A–$13.2M
NCLHNorwegian Cruise Line Holdings Ltd.SHS$12.4M–
NOVASunnova Energy International Inc.COM$10.5M–
FSRFisker Inc.CL A COM STK$10.1M–
RIGTransocean Ltd.REGISTERED SHS$7.80M–
MSTRStrategy IncStock$6.89M–
SABRSabre CorpCOM$6.74M–
AMCAMC Entertainment Holdings, Inc.CL A NEW$6.72M–
UPSTUpstart Holdings, Inc.COM$6.28M–
DISHDISH Network CORPCL A$5.86M–
LCIDLucid Group, Inc.COM$5.31M–
Azul S A05501U106SPONSR ADR PFD$4.29M–
LUMNLumen Technologies, Inc.Stock$4.26M–
TDGTransDigm Group INCCOM$2.11M–
Farfetch Ltd30744W107ORD SH CL A$2.09M–
PSECProspect Capital CorpCOM$1.88M–
VSATViasat IncCOM$923.0K–

Sold out since Q2 2023 (97)

Positions held at the end of Q2 2023 that are gone from this filing.

Positions of Whitebox Advisors LLC sold out since Q2 2023
SecurityClassShares in Q2 2023Value in Q2 2023% of portfolio in Q2 2023History
Copa Holdings SA21720AAB8NOTE 4.500% 4/1–$92.7M4.5%–
Wix.com Ltd.92940WAB5NOTE 7/0–$66.1M3.2%–
WTWWillis Towers Watson PLCSHS150,465$35.4M1.7%History
Splunk Inc848637AC8NOTE 0.500% 9/1–$26.9M1.3%–
NCL Corp Ltd62886HBD2NOTE 1.125% 2/1–$16.6M0.8%–
Infinera Corp45667GAF0DEBT 3.750% 8/0–$14.9M0.7%–
CIVICivitas Resources, Inc.EQUITY US CM183,236$12.7M0.6%History
NCL Corp Ltd62886HBK6NOTE 2.500% 2/1–$11.3M0.5%–
Redfin Corp75737FAC2NOTE 10/1–$9.86M0.5%–
DocuSign, Inc.256163AB2NOTE 0.500% 9/1–$6.21M0.3%–
ATVIActivision Blizzard, Inc.COM54,685$4.61M0.2%History
SDRLSEADRILL LtdCOM111,637$4.61M0.2%History
Evergreen CorpG3312W109CLASS A ORD SHS350,000$3.77M0.2%–
Aimfinity Investment Corp. IG0135E142UNIT 04/21/2027350,000$3.66M0.2%–
GTXGarrett Motion Inc.Stock444,478$3.36M0.2%History
Black Spade Acquisition CoG11537100SHS CL A300,000$3.10M0.1%–
TWCBBilander Acquisition Corp.CL A COM300,000$3.05M0.1%History
8X8 Inc282914AE0NOTE 4.000% 2/0–$3.00M0.1%–
Kensington Capital AcquisitiG5251K103SHS CL A250,000$2.64M0.1%–
DNABSocial Capital Suvretta Holdings Corp. IICLASS A ORD SHS250,000$2.59M0.1%History
DNADSocial Capital Suvretta Holdings Corp. IVCLASS A ORD SHS250,000$2.59M0.1%History
GBBKGlobal Blockchain Acquisition Corp.COMMON STOCK225,000$2.35M0.1%History
Coherus Biosciences Inc19249HAB9NOTE 1.500% 4/1–$2.14M0.1%–
Everest Consolidator Acq Cor29978K102CL A COM200,000$2.13M0.1%–
Aura Fat Projs Acquisition CG06362100CLASS A ORD200,000$2.12M0.1%–
The Growth for Good Acqu CorG41522106CLASS A ORD SHS200,000$2.09M0.1%–
FTIIFutureTech II Acquisition Corp.CLASS A COM151,600$1.62M0.1%History
BOCNBlue Ocean Acquisition CorpCLASS A ORD SHS150,000$1.59M0.1%History
M3-Brigade Acquisition III Corp.55407R103CL A COM150,000$1.57M0.1%–
EOCWElliott Opportunity II Corp.SHS CL A130,650$1.35M0.1%History
KYCHKeyarch Acquisition CorpORD SHS CL A125,000$1.31M0.1%History
ZLSZalatoris II Acquisition CorpCLASS A ORD121,447$1.26M0.1%History
Rigel Resource Acq CorpG7573M106CL A ORD SHS100,000$1.07M0.1%–
FG Merger Corp30324Y101COMMON STOCK100,000$1.06M0.1%–
Heartland Media Acquisition Corp.42237V108CL A COM100,000$1.05M0.1%–
Pono Cap Three IncG71704129UNIT 01/11/2028100,000$1.05M0.1%–
NFYSEnphys Acquisition Corp.CL A ORD SHS100,000$1.04M0.1%History
FLDFold Holdings, Inc.COM CL A100,000$1.03M<0.1%History
PBFPBF Energy Inc.CL A24,977$1.02M<0.1%History
Colombier Acquisition Corp19533H108CL A87,832$902.0K<0.1%–
Jaguar Global Growth Corp IG5S11A106CLASS A ORD SHS75,000$793.5K<0.1%–
NFNTInfinite Acquisition Corp.CL A ORD SHS75,000$792.8K<0.1%History
Alpha Partners Tech Mergr CoG63290111CLASS A ORD SHS75,000$777.8K<0.1%–
LOCCLive Oak Crestview Climate Acquisition Corp.CL A COM75,600$774.9K<0.1%History
HWELHealthwell Acquisition Corp. ICLASS A COM75,000$771.0K<0.1%History
WRKWestRock CoCOM25,000$726.8K<0.1%History
Ftac Zeus Acquisition Cor30320F106CLASS A COM65,000$677.6K<0.1%–
CCOClear Channel Outdoor Holdings, Inc.COM412,038$564.5K<0.1%History
Ap Acquisition CorpG04058106CL A ORD SHS50,000$538.0K<0.1%–
Andretti Acquisition CorpG26735103CL A ORD SHS50,000$532.0K<0.1%–
KnightSwan Acquisition Corp499103109CL A COM50,000$528.5K<0.1%–
OKLOOklo Inc.COM CL A50,000$521.5K<0.1%History
SILVERspac Inc.G8136V104CLASS A ORD50,000$519.3K<0.1%–
PEGRProject Energy Reimagined Acquisition Corp.CLASS A ORD50,000$518.0K<0.1%History
Blue Whale Acquisition Cor AG1330M103CLASS A ORD SHS50,000$508.0K<0.1%–
Consilium Acquisitn Corp I LG2365L101CLASS A ORD SHS45,000$472.1K<0.1%–
NCLHNorwegian Cruise Line Holdings Ltd.SHS20,080$437.1K<0.1%History
Roadzen Inc.G9320Z109CLASS A ORD40,000$425.2K<0.1%–
Axonprime Infrstctr Aqstn Co05467C108CLASS A COM30,000$308.4K<0.1%–
Investcorp India Acquistn CoG49219101CLASS A ORD SHS25,000$267.5K<0.1%–
Tigo Energy, Inc.88675P111*W EXP 05/23/20245,000$83.7K<0.1%–
Hammerhead Energy Inc408302115*W EXP 02/23/20250,000$70.5K<0.1%–
GSR II Meteora Acquisitn Cor36263W105CLASS A COM14,062$45.4K<0.1%–
GoGreen Investments CorpG9461B119*W EXP 05/31/20237,500$36.8K<0.1%–
GSR II Meteora Acquisitn Cor36263W121*W EXP 02/24/202225,000$30.4K<0.1%–
The Growth for Good Acqu CorG41522130RIGHT 11/12/2026200,000$28.0K<0.1%–
Black Spade Acquisition CoG11537118*W EXP 99/99/999150,000$23.4K<0.1%–
M3-Brigade Acquisition III Corp.55407R111*W EXP 07/31/20250,000$22.0K<0.1%–
Colombier Acquisition Corp19533H116*W EXP 99/99/99926,666$20.5K<0.1%–
Genesis Unicorn Capital Corp.37187C118*W EXP 06/30/202232,500$18.5K<0.1%–
Genesis GRWT Tech Acqustn CoG3R23D128*W EXP 99/99/999100,000$13.0K<0.1%–
Murphy Canyon Acquisition Co626642110*W EXP 01/25/202200,000$9.16K<0.1%–
Priveterra Acquisition Corp74275N110*W EXP 02/28/20292,000$8.28K<0.1%–
The Growth for Good Acqu CorG41522114*W EXP 11/12/202100,000$8.02K<0.1%–
Galata Acquisition CorpG3R23A116*W EXP 99/99/999125,000$7.19K<0.1%–
Digital Transformatn Opt Cor25401K115*W EXP 03/31/20246,000$7.09K<0.1%–
Bilander Acquisition Corp.09001T114*W EXP 05/19/20275,000$6.10K<0.1%–
FG Merger Corp30324Y119*W EXP 06/17/20275,000$4.01K<0.1%–
26 Capital Acquisition Corp.90138P118*W EXP 12/31/20255,200$3.64K<0.1%–
Iconic Sports Acquisition Corp.G4712C115*W EXP 10/12/20235,000$2.76K<0.1%–
Cascadia Acquisition Corp.14739D118*W EXP 09/30/20225,000$2.73K<0.1%–
Latamgrowth SpacG5380L121*W EXP 01/20/20287,500$2.54K<0.1%–
Tradeup Acquisition Corp89268A115*W EXP 10/15/20245,476$2.52K<0.1%–
Enterprise 4.0 Tec Acqstn CoG3137C114*W EXP 09/30/20237,500$2.06K<0.1%–
Crescera Cap Acquisition CorG26507114*W EXP 11/18/20237,500$1.82K<0.1%–
UTA Acquisition CorpG9473A117*W EXP 10/30/20225,000$1.76K<0.1%–
Sustainable Develp Acqu I Co86934L111*W EXP 02/04/20246,000$1.38K<0.1%–
Belong Acquisition Corp.08069M110*W EXP 03/23/20275,000$1.18K<0.1%–
Northern Star Invest Corp IV66575B119*W EXP 02/25/20215,333$879<0.1%–
Vahanna Tech Edge Acqstn I CG9320Z117*W EXP 11/30/20220,000$692<0.1%–
Heartland Media Acquisition Corp.42237V116*W EXP 99/99/99950,000$685<0.1%–
Ftac Zeus Acquisition Cor30320F114*W EXP 04/15/20232,500$650<0.1%–
Greenlight Biosc39536G113EQUITY WRT32,183$428<0.1%–
SBIGWSBIG Holdings, Inc.*W EXP 06/14/20211,499$307<0.1%History
Axonprime Infrstctr Aqstn Co05467C116*W EXP 05/31/20210,000$260<0.1%–
Stratim Cloud Acquisition Corp.86309R115*W EXP 03/05/20276,666$153<0.1%–
Forum Merger IV Corp349875112*W EXP 03/15/20255,016$28<0.1%–