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Livermore
Livermore
ZHEN

Whitebox Advisors LLC

SEC CIK
0001257391
Latest filing
Aug 14, 2026

Holdings in Q1 2026

Holdings as of Mar 31, 2026, filed Aug 26, 2026. Long positions only; changes compare share counts with Q4 2025.

Institution overview
Positions
550
+84 vs. Q4 2025
Portfolio value
$7.07B
+$1.07B (+17.8%) vs. Q4 2025
Filed
Aug 26, 2026
AmendedSECSEC
Holdings of Whitebox Advisors LLC in Q1 2026
SecurityClassSharesValue% of portfolioShare changeActionHistory
ONCHW1RT Acquisition Corp.*W EXP 06/26/20365,000$28.0K<0.1%00.0%UnchangedHistory
SSEARStarry Sea Acquisition CorpRIGHT 07/07/2030150,000$28.5K<0.1%00.0%UnchangedHistory
MUZEWMuzero Acquisition Corp*W EXP 01/30/203125,000$28.8K<0.1%+125,000NewHistory
SCPQWSocial Commerce Partners Corp*W EXP 02/13/203107,200$28.9K<0.1%+107,200NewHistory
Voyager Acquisition CorpG93A7H112*W EXP 05/16/203193,612$29.2K<0.1%00.0%Unchanged–
SilverBox Corp VG8148S115*W EXP 09/16/20368,966$29.2K<0.1%+68,966New–
BIXIWBitcoin Infrastructure Acquisition Corp Ltd*W EXP 11/06/203100,000$29.7K<0.1%+100,000NewHistory
DNMXWDynamix Corp III*W EXP 10/10/203100,000$29.9K<0.1%00.0%UnchangedHistory
ADACWAmerican Drive Acquisition Co*W EXP 02/06/203100,000$30.0K<0.1%+100,000NewHistory
KRAQWKRAKacquisition Corp*W EXP 12/23/20350,000$30.0K<0.1%+50,000NewHistory
LAFARLaFayette Acquisition Corp.RIGHT 10/24/2030250,000$30.0K<0.1%00.0%UnchangedHistory
OYSEROyster Enterprises II Acquisition CorpRIGHT 05/22/2030250,000$31.3K<0.1%00.0%UnchangedHistory
NPACWNew Providence Acquisition Corp. III/CaymanCOM166,666$31.7K<0.1%00.0%UnchangedHistory
HOVRWNew Horizon Aircraft Ltd.*W EXP 99/99/999100,000$32.0K<0.1%00.0%UnchangedHistory
Legato Merger Corp. IVG7318R113*W EXP 99/99/999100,000$32.2K<0.1%+100,000New–
Black Spade Acquisition III CoG1154S111*W EXP 99/99/99992,066$32.2K<0.1%+92,066New–
CRAQRCal Redwood Acquisition Corp.RIGHT 05/15/2030150,000$33.0K<0.1%00.0%UnchangedHistory
CHECWChenghe Acquisition III Co.*W EXP 09/09/203137,500$33.0K<0.1%00.0%UnchangedHistory
AEAQWActivate Energy Acquisition Corp.*W EXP 11/10/203100,000$33.0K<0.1%+100,000NewHistory
AXINRAxiom Intelligence Acquisition Corp 1RIGHT 06/10/2030175,000$33.2K<0.1%00.0%UnchangedHistory
BKHARBlack Hawk Acquisition CorpRIGHT 06/20/202525,000$33.8K<0.1%00.0%UnchangedHistory
NTWOWNewbury Street II Acquisition Corp*W EXP 06/01/203187,500$33.8K<0.1%00.0%UnchangedHistory
LPAAWLaunch One Acquisition Corp.*W EXP 06/01/203255,571$35.3K<0.1%00.0%UnchangedHistory
United Acquisition Corp. IG92ALM116*W EXP 99/99/99965,000$35.8K<0.1%+65,000New–
DMIIRDrugs Made In America Acquisition II Corp.RIGHT 09/16/2030450,000$36.0K<0.1%00.0%UnchangedHistory
APXTWApex Treasury Corp*W EXP 10/07/203150,000$36.0K<0.1%00.0%UnchangedHistory
HCACRHall Chadwick Acquisition CorpRIGHT 11/20/2030150,000$36.0K<0.1%+150,000NewHistory
GPACWGeneral Purpose Acquisition Corp.*W EXP 12/03/203150,000$36.0K<0.1%+150,000NewHistory
NBRGRNewbridge Acquisition LtdRIGHT 09/25/2030280,000$36.4K<0.1%+280,000NewHistory
SVIVWSpring Valley Acquisition Corp. IV*W EXP 01/22/20350,000$36.5K<0.1%+50,000NewHistory
Colombier Acquisition Corp IG2284A111*W EXP 12/31/20337,500$37.1K<0.1%+37,500New–
OACCWOaktree Acquisition Corp. III Life Sciences*W EXP 09/01/20350,000$37.5K<0.1%00.0%UnchangedHistory
EGHAREGH Acquisition Corp.RIGHT 05/08/2025150,000$37.5K<0.1%00.0%UnchangedHistory
BPACRBlueport Acquisition LtdRIGHT 02/13/2027200,000$38.0K<0.1%+200,000NewHistory
SSACRSPACSphere Acquisition Corp.RIGHT 02/06/2031212,043$38.2K<0.1%+212,043NewHistory
TAVIRTavia Acquisition Corp.RIGHT 11/26/2029300,000$39.0K<0.1%00.0%UnchangedHistory
CRANRCrane Harbor Acquisition Corp. IIRIGHT 12/09/2030217,635$39.2K<0.1%+217,635NewHistory
LCCCRLakeshore Acquisition III Corp.RIGHT 04/30/2025218,500$39.4K<0.1%00.0%UnchangedHistory
GSHRWGesher Acquisition Corp. II*W EXP 10/31/203150,000$39.4K<0.1%00.0%UnchangedHistory
Eqv Ventures Ac Corp. IIG3106Q128*W EXP 06/30/203133,333$40.0K<0.1%00.0%Unchanged–
TVAIRThayer Ventures Acquisition Corp IIRIGHT 05/15/2030200,000$40.0K<0.1%00.0%UnchangedHistory
VHCPWVine Hill Capital Investment Corp. II*W EXP 11/25/203100,000$40.0K<0.1%+100,000NewHistory
AA Mission Acquisition Corp.G1000S125*W EXP 07/23/203250,000$40.3K<0.1%00.0%Unchanged–
KFIIRK&F Growth Acquisition Corp. IIRIGHT 08/29/2031225,000$40.5K<0.1%00.0%UnchangedHistory
KTWORK2 Capital Acquisition CorpRIGHT 07/30/2027200,000$42.0K<0.1%+200,000NewHistory
DRDBWRoman DBDR Acquisition Corp. IICOM200,000$42.5K<0.1%00.0%UnchangedHistory
MEVOWM Evo Global Acquisition Corp II*W EXP 02/18/203125,000$42.5K<0.1%+125,000NewHistory
SORNWSoren Acquisition Corp.*W EXP 12/19/203133,333$42.7K<0.1%+133,333NewHistory
SVAQWSilicon Valley Acquisition Corp.*W EXP 12/08/203150,000$42.7K<0.1%+150,000NewHistory
NOEMWCO2 Energy Transition Corp.*W EXP 08/17/202390,000$42.9K<0.1%00.0%UnchangedHistory
OTGAWOTG Acquisition Corp. I*W EXP 09/05/203175,000$43.8K<0.1%00.0%UnchangedHistory
SVCCWStellar V Capital Corp. (Cayman Islands)*W EXP 10/15/202200,000$44.0K<0.1%00.0%UnchangedHistory
IGACRInvest Green Acquisition CorpRIGHT 11/17/2030250,000$47.5K<0.1%00.0%UnchangedHistory
Bleichroeder Acquisiti CorpG1170E112*W EXP 12/23/20350,000$47.6K<0.1%+50,000New–
MMTXWMiluna Acquisition Corp*W EXP 09/29/203400,000$48.0K<0.1%+400,000NewHistory
Pyrophyte Acquisition Corp.G7309T110*W EXP 07/30/203150,000$49.5K<0.1%00.0%Unchanged–
IRHORIron Horse Acquisition II Corp.RIGHT 07/11/2030350,000$49.7K<0.1%+350,000NewHistory
Safeguard Acquisition Corp.G77676115*W EXP 99/99/999125,000$50.0K<0.1%+125,000New–
FACTWFACT II Acquisition Corp.*W EXP 11/26/203125,000$50.0K<0.1%00.0%UnchangedHistory
TLNCWTalon Capital Corp.*W EXP 08/27/203100,000$50.0K<0.1%00.0%UnchangedHistory
NHICWNewHold Investment Corp. III*W EXP 01/30/203125,000$51.3K<0.1%00.0%UnchangedHistory
GFUZWGeneral Fusion Group Ltd.W EXP 09/04/20350,000$52.0K<0.1%00.0%UnchangedHistory
BACCRBlue Acquisition Corp/CaymanRIGHT 06/11/2030175,000$52.5K<0.1%00.0%UnchangedHistory
WSTNRWestin Acquisition CorpRIGHT 08/04/2030250,000$52.5K<0.1%00.0%UnchangedHistory
COLARColumbus Acquisition Corp/Cayman IslandsRIGHT 09/30/2025150,000$54.0K<0.1%00.0%UnchangedHistory
CHARRCharlton Aria Acquisition CorpRIGHT 12/31/2026399,000$55.9K<0.1%00.0%UnchangedHistory
EMISREmmis Acquisition Corp.RIGHT 09/12/2030400,000$56.0K<0.1%00.0%UnchangedHistory
HVIIRONE Nuclear Energy Inc.RIGHT 01/17/2030200,000$57.0K<0.1%00.0%UnchangedHistory
Iris Acquisition Corp IIG4940M117*W EXP 08/15/203187,600$57.8K<0.1%+187,600New–
XRPNWArmada Acquisition Corp. II*W EXP 05/21/203100,000$60.0K<0.1%00.0%UnchangedHistory
EVOXWEvolution Global Acquisition Corp*W EXP 10/22/203150,000$60.0K<0.1%+150,000NewHistory
ALOVWAldabra 4 Liquidity Opportunity Vehicle, Inc.*W EXP 12/23/203133,333$60.0K<0.1%+133,333NewHistory
SPEGRSilver Pegasus Acquisition Corp.RIGHT 06/26/2030250,000$62.5K<0.1%00.0%UnchangedHistory
SIMAWSIM Acquisition Corp. I*W EXP 06/01/203250,000$62.5K<0.1%00.0%UnchangedHistory
BLUWWBlue Water Acquisition Corp. III*W EXP 05/23/203125,000$62.5K<0.1%00.0%UnchangedHistory
NUAIWNew ERA Energy & Digital, Inc.*W EXP 12/10/20234,875$63.5K<0.1%00.0%UnchangedHistory
ATIIWArchimedes Tech SPAC Partners II Co.*W EXP 10/15/202125,000$63.8K<0.1%00.0%UnchangedHistory
TGE Value Creative Solutions CorpG8773E118*W EXP 09/16/203225,000$65.3K<0.1%+225,000New–
RDAGWRepublic Digital Acquisition CoCOM150,000$66.0K<0.1%00.0%UnchangedHistory
NOEMRCO2 Energy Transition Corp.RIGHT 10/15/2028390,000$66.3K<0.1%00.0%UnchangedHistory
LKSPRLake Superior Acquisition CorpRIGHT 09/19/203057,871$66.6K<0.1%00.0%UnchangedHistory
ALDFWAldel Financial II Inc.*W EXP 09/26/203200,000$70.0K<0.1%00.0%UnchangedHistory
RANGRRange Capital Acquisition Corp.RIGHT 99/99/9999250,000$75.0K<0.1%00.0%UnchangedHistory
DBCAWD. Boral Acquisition I Corp.*W EXP 01/30/203250,000$75.0K<0.1%+250,000NewHistory
DAAQWDigital Asset Acquisition Corp.*W EXP 04/01/203200,000$75.2K<0.1%00.0%UnchangedHistory
OPTXWSyntec Optics Holdings, Inc.*W EXP 11/07/20269,750$75.3K<0.1%00.0%UnchangedHistory
IPEXRInflection Point Acquisition Corp. VRIGHT 99/99/9999125,000$75.8K<0.1%00.0%UnchangedHistory
Mountain Lake Acquisition Corp.G6301B127RIGHT 11/15/2028300,000$78.0K<0.1%00.0%Unchanged–
White Pearl Acquisition Corp.G96193126RIGHT 09/10/2030300,000$78.0K<0.1%+300,000New–
BZAIWBlaize Holdings, Inc.*W EXP 01/13/203209,250$79.5K<0.1%00.0%UnchangedHistory
VWAVWVisionWave Holdings, Inc.COM93,000$80.0K<0.1%00.0%UnchangedHistory
Presidio Prodtn Co74102N119*W EXP 03/04/20399,997$81.0K<0.1%+99,997New–
BEAGRBold Eagle Acquisition Corp.RIGHT 10/11/2029400,000$84.0K<0.1%00.0%UnchangedHistory
XCBEWX3 Acquisition Corp. Ltd.*W EXP 12/19/203350,000$84.1K<0.1%+350,000NewHistory
Rithm Acquisition Corp.G75751118*W EXP 99/99/999133,333$85.3K<0.1%00.0%Unchanged–
CCAQWCollective Acquisition Corp.*W EXP 04/04/203300,000$86.9K<0.1%00.0%UnchangedHistory
BULLWWebull Corp*W EXP 04/10/20364,397$88.2K<0.1%00.0%UnchangedHistory
RNGTWRange Capital Acquisition Corp II*W EXP 09/29/203250,000$89.7K<0.1%00.0%UnchangedHistory
HAVARHarvard Ave Acquisition CorpRIGHT 03/30/2026750,000$90.1K<0.1%+750,000NewHistory
A Paradise Acquisition CorpG04819119RIGHT 07/29/2025200,000$90.4K<0.1%00.0%Unchanged–

Options (22)

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 2026
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$325.2M–
iShares Russell 2000 ETF464287655ETF$186.0M–
NVDANVIDIA CorpStock$139.5M–
SMCISuper Micro Computer, Inc.Stock$104.7M–
TSMTaiwan Semiconductor Manufacturing Co LtdADR$67.6M–
IBITiShares Bitcoin Trust ETFETF$57.6M–
NBISNebius Group N.V.Stock$51.9M–
AAPLApple Inc.Stock$50.8M–
MARAMARA Holdings, Inc.COM$35.7M$8.16M
WBDWarner Bros. Discovery, Inc.Stock$30.2M–
TSLATesla, Inc.Stock$27.9M–
TERNTerns Pharmaceuticals, Inc.COM$26.4M–
LUMNLumen Technologies, Inc.Stock$24.3M–
MPTMedical Properties Trust IncCOM$8.29M–
JBLUJetBlue Airways CorpCOM–$7.74M
HTZHertz Global Holdings, IncCOM NEW$6.78M–
RIGTransocean Ltd.REGISTERED SHS$6.63M–
SRPTSarepta Therapeutics, Inc.COM$4.67M–
BTDRBitdeer Technologies GroupCL A ORD SHS$3.40M–
XRXXerox Holdings CorpCOM NEW$2.58M–
SABRSabre CorpCOM–$1.45M
AMCAMC Entertainment Holdings, Inc.CL A NEW$980.0K–

Sold out since Q4 2025 (86)

Positions held at the end of Q4 2025 that are gone from this filing.

Positions of Whitebox Advisors LLC sold out since Q4 2025
SecurityClassShares in Q4 2025Value in Q4 2025% of portfolio in Q4 2025History
CADECadence BancorporationEQUITY US CM3,000,001$128.5M2.1%History
CMAComerica IncCOM1,250,001$108.7M1.8%History
Cyberark Software LtdM2682V108SHS171,001$76.3M1.3%–
Coinbase Global, Inc.19260QAB3NOTE 0.500% 6/0–$60.9M1.0%–
Freshpet, Inc.358039AB1NOTE 3.000% 4/0–$36.7M0.6%–
CFLTConfluent, Inc.CLASS A COM1,054,747$31.9M0.5%History
EXASExact Sciences CorpCOM307,001$31.2M0.5%History
CDTXCidara Therapeutics, Inc.COM NEW125,001$27.6M0.5%History
WisdomTree, Inc.97717PAH7NOTE 3.250% 8/1–$24.0M0.4%–
Collegium Pharmaceutical, Inc19459JAC8NOTE 2.875% 2/1–$15.1M0.3%–
On Semiconductor Corp682189AS4NOTE 5/0–$14.9M0.2%–
Tyler Tex Indpt SCH Dist902252AB1NOTE 0.250% 3/1–$12.5M0.2%–
Pinnacle West Cap Corp723484AK7NOTE 4.750% 6/1–$12.0M0.2%–
CIVICivitas Resources, Inc.EQUITY US CM427,887$11.6M0.2%History
ZTSZoetis Inc.Stock74,223$9.34M0.2%History
Two HBRS Invt Corp90187BAB7NOTE 6.250% 1/1–$9.23M0.2%–
RYAAYRyanair Holdings PLCSPONSORED ADR116,658$8.42M0.1%History
GLIBKLiberty Capital CorpSER C GCI GROUP213,031$7.93M0.1%History
HAVAUHarvard Ave Acquisition CorpUNIT 10/03/2030750,000$7.57M0.1%History
CHKPCheck Point Software Technologies LtdORD36,630$6.80M0.1%History
Li Auto Inc.50202MAB8NOTE 0.250% 5/0–$5.54M0.1%–
TGNATegna IncCOM281,537$5.46M0.1%History
PureCycle Technologies, Inc.74623VAB9NOTE 7.250% 8/1–$5.41M0.1%–
HOUSAnywhere Real Estate Inc.COM347,880$4.93M0.1%History
AA Mission Acquisition Corp.G1000R101ORD SHS CL A450,000$4.80M0.1%–
iShares Inc464286640MSCI CHILE ETF113,456$4.58M0.1%–
TGE Value Creative Solutions CorpG8773E126UNIT 99/99/9999450,000$4.47M0.1%–
Gossamer Bio, Inc.38341PAA0NOTE 5.000% 6/0–$4.39M0.1%–
MMTXUMiluna Acquisition CorpUNIT 09/29/2030400,000$4.00M0.1%History
IRHOUIron Horse Acquisition II Corp.UNIT 07/11/2030350,000$3.48M0.1%History
DMBBNY Mellon Municipal Bond Infrastructure Fund, Inc.COM SHS310,458$3.41M0.1%History
FTWPresidio Production CoCL A ORD SHS300,000$3.15M0.1%History
EVOXUEvolution Global Acquisition CorpUNIT 10/22/2030300,000$3.02M0.1%History
VHCPUVine Hill Capital Investment Corp. IIUNIT 11/25/2030300,000$3.01M0.1%History
GPACUGeneral Purpose Acquisition Corp.UNIT 12/03/2030300,000$3.00M0.1%History
LPCVULaunchpad Cadenza Acquisition Corp IUNIT 12/15/2030300,000$2.99M<0.1%History
ADACUAmerican Drive Acquisition CoUNIT 12/04/2030300,000$2.99M<0.1%History
SVAQUSilicon Valley Acquisition Corp.UNIT 12/08/2030300,000$2.98M<0.1%History
Cardlytics, Inc.14161WAD7NOTE 4.250% 4/0–$2.89M<0.1%–
Safeguard Acquisition Corp.G77676123UNIT 99/99/9999250,000$2.52M<0.1%–
CRANUCrane Harbor Acquisition Corp. IIUNIT 12/09/2030217,635$2.19M<0.1%History
BLRKUBluerock Acquisition Corp.UNIT 11/06/2030218,525$2.19M<0.1%History
Crane HBR Acquisition CorpG24979109CL A200,000$2.15M<0.1%–
TBNTamboran Resources CorpCOM78,832$2.15M<0.1%History
SCPQUSocial Commerce Partners CorpUNIT 11/24/2030214,400$2.14M<0.1%History
SilverBox Corp VG8148S123UNIT 99/99/9999206,900$2.08M<0.1%–
Alussa Energy Acquisition Corp.G0233J126UNIT 99/99/9999200,000$2.02M<0.1%–
BPACUBlueport Acquisition LtdUNIT 10/22/2030200,000$2.02M<0.1%History
DSACUDaedalus Special Acquisition Corp.UNIT 11/10/2030200,000$2.01M<0.1%History
MESHUMeshflow Acquisition CorpUNIT 11/19/2030200,000$2.00M<0.1%History
AEAQUActivate Energy Acquisition Corp.UNIT 11/10/2030200,000$2.00M<0.1%History
BIXIUBitcoin Infrastructure Acquisition Corp LtdUNIT 11/06/2030200,000$1.99M<0.1%History
VCICOdysseus (Cayman) LtdORD SHS CL A150,000$1.62M<0.1%History
Voyager Acquisition CorpG93A7H104CL A150,000$1.60M<0.1%–
COLAColumbus Acquisition Corp/Cayman IslandsSHS150,000$1.56M<0.1%History
GLIBALiberty Capital CorpSER A GCI GROUP41,785$1.54M<0.1%History
Pelican Acquisition CorpG6993G103SHS150,000$1.52M<0.1%–
HCACUHall Chadwick Acquisition CorpUNIT 11/20/2030150,000$1.50M<0.1%History
TWLVUTwelve Seas Investment Co III/CaymanUNIT 11/21/2030150,000$1.49M<0.1%History
BlackRock New York Municipal Income Trust09248L106SH BEN INT145,147$1.47M<0.1%–
CAPNCayson Acquisition CorpSHS125,000$1.33M<0.1%History
RIBBRibbon Acquisition Corp.ORD SHS CL A125,000$1.30M<0.1%History
MHNBlackRock Muniholdings New York Quality Fund, Inc.COM121,671$1.24M<0.1%History
CCXIUChurchill Capital Corp XIUNIT 12/10/2030100,000$1.02M<0.1%History
iShares Tr464289842MSCI PERU GL ETF14,063$1.02M<0.1%–
SCIIUSC II Acquisition Corp.UNIT 11/06/2030100,000$1.01M<0.1%History
ITHAUITHAX Acquisition Corp IIIUNIT 11/17/2030100,000$997.5K<0.1%History
LFACULeapfrog Acquisition CorpUNIT 11/10/203075,000$750.4K<0.1%History
BYNDBeyond Meat, Inc.COM855,600$701.6K<0.1%History
Osisko Development Corp68828E809COM NEW166,074$579.6K<0.1%–
PSKYParamount Skydance CorpCOM CL B43,067$577.1K<0.1%History
PNWPinnacle West Capital CorpCOM5,974$529.9K<0.1%History
NEXMNexMetals Mining Corp.COM NEW254,377$496.1K<0.1%History
MUEBlackRock Muniholdings Quality Fund II, Inc.COM46,481$466.2K<0.1%History
New Amer Acquisition I Corp023634207UNIT 99/99/999935,000$364.4K<0.1%–
NFENew Fortress Energy Inc.COM CL A200,000$228.0K<0.1%History
SWSmurfit Westrock plcStock5,348$206.8K<0.1%History
RIGTransocean Ltd.REGISTERED SHS50,000$206.5K<0.1%History
Crane HBR Acquisition CorpG24979117RIGHT 04/17/2030225,000$180.0K<0.1%–
AA Mission Acquisition Corp.G1000R127*W EXP 08/01/203475,000$80.6K<0.1%–
Eqv Ventures Acquisition CorG3106N117*W EXP 07/01/20399,997$48.0K<0.1%–
RZLVWRezolve AI PLC*W EXP 08/15/20246,500$42.3K<0.1%History
Pelican Acquisition CorpG6993G111RIGHT 05/02/2030150,000$34.5K<0.1%–
Oak Woods Acquisition Corp67190B120RIGHT 03/23/202868,000$17.0K<0.1%–
Oak Woods Acquisition Corp67190B112*W EXP 03/23/20268,000$2.70K<0.1%–
ECD Automotive Design, Inc.27877D112*W EXP 12/12/20290,000$936<0.1%–