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Whitebox Advisors LLC

SEC CIK
0001257391
Latest filing
Aug 14, 2026

Holdings in Q3 2024

Holdings as of Sep 30, 2024, filed Aug 26, 2026. Long positions only; changes compare share counts with Q2 2024.

Institution overview
Positions
289
−29 vs. Q2 2024
Portfolio value
$2.31B
−$175.0M (−7.0%) vs. Q2 2024
Filed
Aug 26, 2026
AmendedSECSEC
Holdings of Whitebox Advisors LLC in Q3 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
LBRDKLiberty Broadband CorpCOM SER C2,224,438$171.9M7.4%−753,669−25.3%ReducedHistory
INSMED Inc457669AB5NOTE 0.750% 6/0–$142.3M6.2%–––
MicroStrategy Inc594972AE1NOTE 2/1–$131.1M5.7%–––
Freshpet, Inc.358039AB1NOTE 3.000% 4/0–$121.0M5.2%–––
Semtech Corp816850AF8NOTE 1.625%11/0–$81.9M3.6%–––
American Airls Group Inc02376RAF9NOTE 6.500% 7/0–$68.2M3.0%–––
Sunnova Energy Intl Inc.86745KAF1NOTE 0.250%12/0–$59.1M2.6%–––
On Semiconductor Corp682189AS4NOTE 5/0–$57.1M2.5%–––
Wayfair Inc.94419LAR2NOTE 3.500%11/1–$52.6M2.3%–––
Sea Ltd81141RAF7NOTE 2.375%12/0–$52.1M2.3%–––
Encore Cap Group Inc292554AP7NOTE 4.000% 3/1–$50.6M2.2%–––
Cinemark Hldgs Inc17243VAB8NOTE 4.500% 8/1–$50.5M2.2%–––
TFPMTriple Flag Precious Metals Corp.Stock3,054,703$49.4M2.1%−174,956−5.4%ReducedHistory
Collegium Pharmaceutical, Inc19459JAC8NOTE 2.875% 2/1–$47.1M2.0%–––
PPLIPeople IncCOM NEW833,259$44.8M1.9%−515,321−38.2%ReducedHistory
Novavax Inc670002AD6NOTE 5.000%12/1–$43.7M1.9%–––
GRFSGrifols SASP ADR REP B NVT4,221,483$37.5M1.6%+1,519,093+56.2%AddedHistory
Wayfair Inc.94419LAP6NOTE 3.250% 9/1–$36.4M1.6%–––
Canadian Solar Inc.136635AG4NOTE 2.500%10/0–$34.3M1.5%–––
Array Technologies, Inc.04271TAB6NOTE 1.000%12/0–$32.1M1.4%–––
HEI.AHeico CorpCL A148,351$30.2M1.3%00.0%UnchangedHistory
Lumentum Hldgs Inc55024UAH2NOTE 1.500%12/1–$29.0M1.3%–––
Wolfspeed, Inc.977852AD4NOTE 1.875%12/0–$28.6M1.2%–––
Xometry, Inc.98423FAB5NOTE 1.000% 2/0–$28.2M1.2%–––
SIRISirius XM Holdings Inc.COMMON STOCK1,176,722$27.8M1.2%+1,176,722NewHistory
Herbalife Ltd.42703MAF0NOTE 4.250% 6/1–$26.3M1.1%–New–
VALValaris LtdCL A459,111$25.6M1.1%−1,894−0.4%ReducedHistory
ACIAlbertsons Companies, Inc.COMMON STOCK1,357,682$25.1M1.1%+81,413+6.4%AddedHistory
Zynex Inc98986MAD5NOTE 5.000% 5/1–$24.5M1.1%–––
CHRDChord Energy CorpCOM NEW185,264$24.1M1.0%+23,980+14.9%AddedHistory
BLCOBausch & Lomb CorpCOMMON SHARES1,243,245$24.0M1.0%−302,701−19.6%ReducedHistory
Cryolife Inc228903AB6NOTE 4.250% 7/0–$23.9M1.0%–––
HCI Group, Inc.40416EAF0NOTE 4.750% 6/0–$23.3M1.0%–––
Nabors Inds Inc62957HAL9NOTE 1.750% 6/1–$22.6M1.0%–––
UPWheels Up Experience Inc.COM CL A42,686,519$22.6M1.0%−341,682−0.8%ReducedHistory
Esperion Therapeutics Inc Ne29664WAB1NOTE 4.000%11/1–$22.6M1.0%–––
NIO Inc.62914VAK2NOTE 4.625%10/1–$22.6M1.0%–New–
Transocean Ltd.893830BW8DEB 4.625% 9/3–$19.6M0.9%–––
World Kinect Corp98149GAB6NOTE 3.250% 7/0–$19.5M0.8%–New–
Wayfair Inc.94419LAM3NOTE 0.625%10/0–$19.0M0.8%–New–
Bloom Energy Corp093712AK3NOTE 3.000% 6/0–$18.1M0.8%–––
Luminar Technologies, Inc.550424AE5DEBT 11.500% 1/1–$16.7M0.7%–New–
PTC Therapeutics, Inc.69366JAD3NOTE 1.500% 9/1–$16.1M0.7%–––
GPORGulfport Energy CorpCOMMON SHARES103,980$15.7M0.7%−15,000−12.6%ReducedHistory
Liberty Media Corp530715AL5DEB 3.750% 2/1–$15.1M0.7%–––
ProShares Bitcoin ETF74347G440ETF697,042$13.4M0.6%+114,872+19.7%Added–
NENoble Corp plcORD SHS A365,083$13.2M0.6%−19,511−5.1%ReducedHistory
Coinbase Global, Inc.19260QAB3NOTE 0.500% 6/0–$11.7M0.5%–––
BHCBausch Health Companies Inc.Stock1,436,787$11.7M0.5%−3,099−0.2%ReducedHistory
Vishay Intertechnology Inc928298AR9NOTE 2.250% 9/1–$11.4M0.5%–New–
Zscaler, Inc.98980GAB8NOTE 0.125% 7/0–$10.6M0.5%–––
Beyond Meat, Inc.08862EAB5NOTE 3/1–$10.4M0.5%–––
NCMINational CineMedia, Inc.COM NEW1,390,867$9.81M0.4%−30,000−2.1%ReducedHistory
Encore Cap Group Inc292554AM4NOTE 3.250%10/0–$9.65M0.4%–––
Marathon Digital Holdings IN565788AB2NOTE 1.000%12/0–$9.52M0.4%–––
NACNuveen California Quality Municipal Income FundCOM791,703$9.41M0.4%−328,669−29.3%ReducedHistory
LBRDALiberty Broadband CorpCOM SER A118,151$9.08M0.4%00.0%UnchangedHistory
Two HBRS Invt Corp90187BAB7NOTE 6.250% 1/1–$9.02M0.4%–––
Tpi Composites, Inc87266JAB0NOTE 5.250% 3/1–$8.92M0.4%–––
CYHCommunity Health Systems IncCOM1,462,773$8.88M0.4%−1,558,160−51.6%ReducedHistory
DCHDauch CorpCOM1,415,173$8.75M0.4%+389,760+38.0%AddedHistory
CIVICivitas Resources, Inc.EQUITY US CM172,000$8.72M0.4%+172,000NewHistory
Hadron Energy, Inc.G38648112UNIT 99/99/9999760,000$7.58M0.3%+760,000New–
CSTMConstellium SECL A SHS447,284$7.27M0.3%+127,923+40.1%AddedHistory
GMGeneral Motors CoCOM160,776$7.21M0.3%−27,215−14.5%ReducedHistory
Upstart Hldgs Inc91680MAB3NOTE 0.250% 8/1–$6.96M0.3%–––
Groupon, Inc.399473AF4NOTE 1.125% 3/1–$6.52M0.3%–––
GTGoodyear Tire & Rubber CoCOM693,028$6.13M0.3%+284,168+69.5%AddedHistory
Omeros Corp682143AG7NOTE 5.250% 2/1–$5.74M0.2%–––
NIO Inc.62914VAJ5NOTE 3.875%10/1–$5.54M0.2%–New–
Cree Inc225447AD3NOTE 1.750% 5/0–$5.32M0.2%–––
EQCEQC Liquidating TrustCOM SH BEN INT264,626$5.27M0.2%−794,374−75.0%ReducedHistory
Gossamer Bio, Inc.38341PAA0NOTE 5.000% 6/0–$5.24M0.2%–––
Liberty Media Corp530715AG6DEB 4.000%11/1–$5.17M0.2%–––
SIMAUSIM Acquisition Corp. IUNIT 06/17/2029500,000$5.02M0.2%+500,000NewHistory
Oatly Group AB67421JAC2NOTE 9.250% 9/1–$4.88M0.2%–––
AA Mission Acquisition Corp.G1000R101ORD SHS CL A450,000$4.51M0.2%+450,000New–
Redfin Corp75737FAE8NOTE 0.500% 4/0–$4.14M0.2%–––
HCM II Acquisition CorpG43658114UNIT 99/99/9999400,000$4.00M0.2%+400,000New–
THCTenet Healthcare CorpCOM NEW21,402$3.56M0.2%−7,000−24.6%ReducedHistory
MBIMbia IncCOM844,431$3.01M0.1%+50,000+6.3%AddedHistory
Presidio MidCo Inc.G3106N125UNIT 99/99/9999300,000$2.98M0.1%+300,000New–
SVCService Properties TrustCOM SH BEN INT640,602$2.92M0.1%+30,000+4.9%AddedHistory
CCOClear Channel Outdoor Holdings, Inc.COM1,807,486$2.89M0.1%+185,700+11.5%AddedHistory
CARAvis Budget Group, Inc.COM33,003$2.89M0.1%+13,000+65.0%AddedHistory
Spirit Airls Inc848577AB8NOTE 1.000% 5/1–$2.89M0.1%–New–
Cardlytics, Inc.14161WAB1NOTE 1.000% 9/1–$2.73M0.1%–––
Bilibili Inc.090040AF3NOTE 0.500%12/0–$2.67M0.1%–––
Vine Hill Cap Invt Corp.G93Y09123UNIT 09/06/2026265,000$2.65M0.1%+265,000New–
VMOInvesco Municipal Opportunity TrustCOM254,394$2.61M0.1%+16,871+7.1%AddedHistory
Graf Global Corp.G4036C114UNIT 05/31/2032250,000$2.51M0.1%00.0%Unchanged–
LPAAULaunch One Acquisition Corp.UNIT 99/99/9999250,000$2.50M0.1%+250,000NewHistory
Black Spade Acquisition II CG1153L125UNIT 02/15/2029250,000$2.49M0.1%+250,000New–
JWNNordstrom IncStock108,957$2.45M0.1%+4,500+4.3%AddedHistory
Veritone, Inc.92347MAB6NOTE 1.750%11/1–$2.44M0.1%–––
WBDWarner Bros. Discovery, Inc.Stock261,832$2.16M0.1%+15,000+6.1%AddedHistory
HC2 Hldgs Inc404139AG2NOTE 7.500% 8/0–$2.12M0.1%–––
Sunnova Energy Intl Inc.86745KAH7NOTE 2.625% 2/1–$2.10M0.1%–––
HOUSAnywhere Real Estate Inc.COM398,489$2.02M0.1%+248,489+165.7%AddedHistory
VRNSVaronis Systems IncCOM35,500$2.01M0.1%+35,500NewHistory

Options (32)

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 2024
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$555.9M–
RCLRoyal Caribbean Cruises LtdCOM$133.0M–
KKRKKR & Co. Inc.COM$104.5M–
SPDR Series Trust78468R556SP O&G EXPL PRO$72.3M–
VanEck ETF Trust92189H607OIL SERVICES ETF$70.9M–
AAPLApple Inc.Stock$69.9M–
iShares Russell 2000 ETF464287655ETF$66.3M–
LUMNLumen Technologies, Inc.Stock$41.2M–
CCLCarnival Corp Ltd.UNIT 99/99/9999$32.3M–
CNKCinemark Holdings, Inc.COM$27.8M–
RUNSunrun Inc.COM$22.6M–
HLFHerbalife Ltd.COM SHS$21.6M–
AALAmerican Airlines Group Inc.Stock$19.7M–
WOLFWolfspeed, Inc.Stock$19.4M–
MSTRStrategy IncStock$18.5M–
RIVNRivian Automotive, Inc.Stock$16.8M–
UALUnited Airlines Holdings, Inc.COM$15.4M–
BYNDBeyond Meat, Inc.COM$13.9M–
Invesco QQQ Trust Series I46090E103ETF$10.8M–
AMCAMC Entertainment Holdings, Inc.CL A NEW$10.0M–
NOVASunnova Energy International Inc.COM$7.79M–
iShares Inc464286400MSCI BRAZIL ETF$5.90M–
EBSEmergent BioSolutions Inc.COM$4.17M–
UPSTUpstart Holdings, Inc.COM$4.00M–
BEBloom Energy CorpCOM CL A$3.59M–
NIONIO Inc.ADR$3.34M–
JBLUJetBlue Airways CorpCOM–$3.28M
MPTMedical Properties Trust IncCOM$2.92M–
FLYYSpirit Aviation Holdings, Inc.COM$1.20M$720.0K
Azul S A05501U106SPONSR ADR PFD$1.72M–
OPIOffice Properties Income TrustCOM SHS BEN INT–$1.09M
WWWW International, Inc.COM$175.6K–

Sold out since Q2 2024 (66)

Positions held at the end of Q2 2024 that are gone from this filing.

Positions of Whitebox Advisors LLC sold out since Q2 2024
SecurityClassShares in Q2 2024Value in Q2 2024% of portfolio in Q2 2024History
Royal Caribbean Group780153BQ4NOTE 6.000% 8/1–$230.0M9.3%–
Bread Financial Holdings, Inc.018581AN8NOTE 4.250% 6/1–$56.6M2.3%–
NEE.PSNextera Energy IncUNIT 06/01/2027600,000$29.7M1.2%History
BAXBaxter International IncStock788,039$26.4M1.1%History
Liberty Media Corp531229789Stock1,136,498$25.2M1.0%–
AQNAlgonquin Power & Utilities Corp.COM3,157,963$18.5M0.7%History
Infinera Corp45667GAG8NOTE 3.750% 8/0–$18.4M0.7%–
Zillow Group, Inc.98954MAG6NOTE 1.375% 9/0–$17.9M0.7%–
Liberty Media Corp531229813Stock452,001$10.0M0.4%–
Realogy Grp LLC/Realogy Co75606DAP6NOTE 0.250% 6/1–$6.88M0.3%–
Cable One, Inc.12685JAG0NOTE 1.125% 3/1–$3.71M0.1%–
GPNGlobal Payments IncStock37,000$3.58M0.1%History
MHIPioneer Municipal High Income Fund, Inc.COM SHS329,238$3.01M0.1%History
NBHNeuberger Municipal Fund Inc.COM249,474$2.66M0.1%History
MAVPioneer Municipal High Income Advantage Fund, Inc.COM269,192$2.21M0.1%History
DMFBNY Mellon Municipal Income, Inc.COM210,519$1.51M0.1%History
VPVInvesco Pennsylvania Value Municipal Income TrustCOM127,118$1.38M0.1%History
VTNInvesco Trust for Investment Grade New York MunicipalsCOM120,354$1.35M0.1%History
MIOPioneer Municipal High Income Opportunities Fund, Inc.COMMON STOCK114,612$1.34M0.1%History
GVAGranite Construction IncCOM20,200$1.25M0.1%History
FMNFederated Hermes Premier Municipal Income FundCOM95,981$1.10M<0.1%History
OVVOvintiv Inc.COM21,550$1.01M<0.1%History
BALYBally's CorpCOM79,639$953.3K<0.1%History
AALAmerican Airlines Group Inc.Stock79,245$897.8K<0.1%History
SIRISirius XM Holdings Inc.COM286,674$811.3K<0.1%History
LCIDLucid Group, Inc.COM300,000$783.0K<0.1%History
CCLCarnival Corp Ltd.UNIT 99/99/999941,679$780.2K<0.1%History
OAKUOak Woods Acquisition CorpCL A68,000$739.8K<0.1%History
Cutera Inc232109AD0NOTE 2.250% 6/0–$720.1K<0.1%–
KTFDWS Municipal Income TrustCOM63,001$596.6K<0.1%History
FLYYSpirit Aviation Holdings, Inc.COM140,000$512.4K<0.1%History
TPRTapestry, Inc.COM11,770$503.6K<0.1%History
99 Acquisition Group Inc65445K101CL A35,000$367.5K<0.1%–
KSMDWS Strategic Municipal Income TrustCOM34,777$342.9K<0.1%History
Sable Offshore Corp.78574H112*W EXP 99/99/99929,958$127.9K<0.1%–
Westrock Coffee Co96145W111*W EXP 08/29/20250,000$111.0K<0.1%–
GROYGold Royalty Corp.COMMON SHARES49,300$69.5K<0.1%History
Intuitive Machines, Inc.46125A118*W EXP 02/13/20275,000$51.0K<0.1%–
ASTLWAlgoma Steel Group Inc.*W EXP 10/19/20247,644$42.9K<0.1%History
Zura Bio LtdG9TY5A119*W EXP 03/20/20275,000$30.0K<0.1%–
Monterey Cap Acquisition Cor61244M125RIGHT 05/10/202775,000$13.5K<0.1%–
99 Acquisition Group Inc65445K127RIGHT 08/25/202835,000$9.45K<0.1%–
Fintech Ecosystem Deve318136124RIGHT 04/01/202675,000$8.25K<0.1%–
Kernel Group Holdings, Inc.G5259L129*W EXP 02/02/20256,902$7.42K<0.1%–
Armada Acquisition Corp. I04208V111*W EXP 08/13/20250,000$6.97K<0.1%–
Tortoiseecofin Acquisition CG8956E117*W EXP 07/22/20244,137$6.93K<0.1%–
Slam Corp.G8210L121*W EXP 02/23/20223,000$5.72K<0.1%–
Arogo Capital Acquisition Corp.042644112*W EXP 03/23/202176,000$5.28K<0.1%–
Golden Arrow Merger Corp380799114*W EXP 07/31/20223,000$3.45K<0.1%–
Aura Fat Projs Acquisition CG06362126*W EXP 03/31/202200,000$3.22K<0.1%–
Monterey Cap Acquisition Cor61244M117*W EXP 01/01/20275,000$3.08K<0.1%–
Canna Global Acquisition Cor13767K119*W EXP 11/30/202275,000$2.89K<0.1%–
Project Energy Reimagined AcG72556114*W EXP 10/28/20225,000$2.12K<0.1%–
OCA Acquisition Corp.670865112*W EXP 01/14/20222,724$2.05K<0.1%–
Enphys Acquisition Corp.G3167L117*W EXP 99/99/99950,000$1.75K<0.1%–
Xpac Acquisition CorpG9831X122*W EXP 99/99/99940,482$1.63K<0.1%–
SOARWVolato Group, Inc.*W EXP 99/99/999100,000$1.45K<0.1%History
ZCARWZoomcar Holdings, Inc.*W EXP 05/31/202100,000$1.40K<0.1%History
Spectaire Hldgs Inc84753T117*W EXP 10/17/20237,500$1.33K<0.1%–
99 Acquisition Group Inc65445K119*W EXP 08/25/20235,000$1.16K<0.1%–
Holdco Nuvo Group D G LtdM53051112*W EXP 05/01/20250,000$1.06K<0.1%–
Mercury Ecom Acquisition Cor589381110*W EXP 07/27/202125,000$925<0.1%–
Fintech Ecosystem Deve318136116*W EXP 04/01/20237,500$750<0.1%–
PBMWWPsyence Biomedical Ltd.*W EXP 01/25/20250,000$525<0.1%History
eFFECTOR Therapeutics, Inc.28202V116*W EXP 12/31/202298,145$358<0.1%–
Blueriver Acquisition CorpG1261Q115*W EXP 01/04/20223,000$313<0.1%–