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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
WENNWWEN Acquisition CorpCOM300,000$96.2K<0.1%00.0%UnchangedHistory
VNMEWVendome Acquisition Corp I*W EXP 02/18/202412,500$103.1K<0.1%00.0%UnchangedHistory
RTS/Inflection Point Acquisition Corp III EXP03/0G47875110COM300,000$105.0K<0.1%00.0%Unchanged–
ALISRCalisa Acquisition CorpRIGHT 09/11/2030200,000$110.0K<0.1%00.0%UnchangedHistory
SZZLRSizzle Acquisition Corp. IIRIGHT 04/02/2030650,000$110.5K<0.1%00.0%UnchangedHistory
PRGOPERRIGO Co plcSHS10,360$111.3K<0.1%+10,360NewHistory
Soulpower Acquisition Corp.G82745137RIGHT 99/99/9999650,000$117.0K<0.1%00.0%Unchanged–
TACHWTitan Acquisition Corp.*W EXP 05/16/203400,000$132.8K<0.1%00.0%UnchangedHistory
DRTSWAlpha Tau Medical Ltd.*W EXP 03/07/202136,018$136.0K<0.1%00.0%UnchangedHistory
LUMNLumen Technologies, Inc.Stock20,000$139.0K<0.1%+20,000NewHistory
Vine Hill Cap Invt Corp.G93Y09115*W EXP 07/01/203132,500$161.7K<0.1%00.0%Unchanged–
UCFICN Healthy Food Tech Group Corp.COM30,000$165.3K<0.1%00.0%UnchangedHistory
DCDakota Gold Corp.COM34,872$176.1K<0.1%+34,872NewHistory
FACWWFactorial Energy Inc.*W EXP 05/02/203275,000$187.0K<0.1%00.0%UnchangedHistory
D. Boral Arc Acq I Corp.G2616F119*W EXP 07/23/203325,000$191.8K<0.1%00.0%Unchanged–
FERARFifth Era Acquisition Corp IRIGHT 02/21/2030750,000$225.0K<0.1%00.0%UnchangedHistory
GIWWRGigCapital8 Corp.COM800,000$240.0K<0.1%00.0%UnchangedHistory
CRMLWCritical Metals Corp.*W EXP 02/27/20269,750$242.7K<0.1%00.0%UnchangedHistory
HDRNWHadron Energy, Inc.*W EXP 08/29/202804,500$255.8K<0.1%00.0%UnchangedHistory
PCGPG&E CorpStock15,000$263.6K<0.1%00.0%UnchangedHistory
BAXBaxter International IncStock17,130$287.8K<0.1%+17,130NewHistory
FMCFMC CorpCOM NEW17,622$303.5K<0.1%−31,067−63.8%ReducedHistory
XRXDWXerox Holdings Corp*W EXP 02/11/2023,474,536$314.4K<0.1%+3,474,536NewHistory
Real Asset Acquisition Corp.G73944111*W EXP 04/24/203250,000$332.5K<0.1%00.0%Unchanged–
NWAXNew America Acquisition I Corp.COM SHS CL A35,000$350.4K<0.1%+35,000NewHistory
KYIVWKyivstar Group Ltd.*W EXP 08/14/203100,000$365.0K<0.1%00.0%UnchangedHistory
MHDBlackRock Muniholdings Fund, Inc.COM39,677$447.6K<0.1%+39,677NewHistory
KLXEKLX Energy Services Holdings, Inc.COM NEW179,058$465.6K<0.1%+8,823+5.2%AddedHistory
NBRNabors Industries LtdSHS5,632$484.7K<0.1%+5,632NewHistory
VSXYVictoria's Secret & Co.COMMON STOCK10,890$504.9K<0.1%+750+7.4%AddedHistory
CEPVCantor Equity Partners V, Inc.SHS CL A S50,000$505.0K<0.1%00.0%UnchangedHistory
Willow Lane Acquisition Corp.G9675P110*W EXP 10/31/203186,827$541.8K<0.1%00.0%Unchanged–
IPFXUInflection Point Acquisition Corp. VIUNIT 03/03/203156,400$570.8K<0.1%+56,400NewHistory
NUCLWEagle Nuclear Energy Corp.*W EXP 02/25/203459,345$638.5K<0.1%+459,345NewHistory
MFMAberdeen Municipal Income FundSH BEN INT125,000$673.8K<0.1%00.0%UnchangedHistory
ACHCAcadia Healthcare Company, Inc.COM29,955$700.6K<0.1%−17,500−36.9%ReducedHistory
FUNSix Flags Entertainment CorporationCOM40,180$713.2K<0.1%−6,000−13.0%ReducedHistory
PCAPProCap Acquisition CorpSHS CL A70,281$716.2K<0.1%00.0%UnchangedHistory
CECelanese CorpStock11,206$737.0K<0.1%−10,000−47.2%ReducedHistory
PENNPENN Entertainment, Inc.COM49,065$737.4K<0.1%+49,065NewHistory
LFACLeapfrog Acquisition CorpCL A ORD SHS75,000$744.4K<0.1%+75,000NewHistory
CEPSCantor Equity Partners VI, Inc.CL A ORD SHS75,000$757.5K<0.1%+75,000NewHistory
PSFEPaysafe LtdSHS120,335$819.5K<0.1%+120,335NewHistory
Liberty Media Corp530715AG6DEB 4.000%11/1–$872.4K<0.1%–––
WHRWhirlpool CorpStock17,413$938.9K<0.1%+4,400+33.8%AddedHistory
ARCIArchimedes Tech SPAC Partners III Co.ORD SHS100,000$985.0K<0.1%+100,000NewHistory
ITHAITHAX Acquisition Corp IIIUSD CL A ORD SHS100,000$990.0K<0.1%+100,000NewHistory
QADRUQDRO Acquisition Corp.UNIT 01/28/2031100,000$991.0K<0.1%+100,000NewHistory
TDWDTailwind 2.0 Acquisition Corp.ORD SHS CL A100,000$992.0K<0.1%00.0%UnchangedHistory
OIMOneIM Acquisition Corp.ORD SHS CL A100,000$996.0K<0.1%+100,000NewHistory
SAAQSpace Asset Acquisition Corp.USD CL A ORD SHS100,000$996.0K<0.1%+100,000NewHistory
SCIISC II Acquisition Corp.ORD SHS CLASS A100,000$997.0K<0.1%+100,000NewHistory
BDCIBTC Development Corp.COM100,000$999.0K<0.1%00.0%UnchangedHistory
SUMAUSUMA Acquisition CorpUNIT 03/05/2031100,000$1.00M<0.1%+100,000NewHistory
MKLYMcKinley Acquisition CorpSHS CL A100,000$1.00M<0.1%00.0%UnchangedHistory
HVMCHighview Merger Corp.ORD SH CL A100,000$1.00M<0.1%00.0%UnchangedHistory
BLZRTrailblazer Acquisition Corp.COM100,000$1.00M<0.1%00.0%UnchangedHistory
HCMAHCM III Acquisition Corp.ORD SHS CL A100,000$1.01M<0.1%00.0%UnchangedHistory
Metals Acquisition Corp. IIG60420125UNIT 99/99/9999100,000$1.01M<0.1%+100,000New–
WLIIUWillow Lane Acquisition Corp. IIUNIT 01/27/2031100,000$1.01M<0.1%+100,000NewHistory
MCGAYorkville Acquisition Corp.COM100,000$1.01M<0.1%00.0%UnchangedHistory
OBAOxley Bridge Acquisition LtdUSD CL A ORD SHS100,000$1.01M<0.1%00.0%UnchangedHistory
CCXIChurchill Capital Corp XICL A ORD SHS100,000$1.02M<0.1%+100,000NewHistory
SOCASolarius Capital Acquisition Corp.SHS CL A100,000$1.02M<0.1%00.0%UnchangedHistory
FISVFiserv IncStock18,702$1.04M<0.1%+3,400+22.2%AddedHistory
PLMKPlum Acquisition Corp. IVSHS CL A100,000$1.06M<0.1%00.0%UnchangedHistory
FVNFuture Vision II Acquisition Corp.SHS100,000$1.07M<0.1%00.0%UnchangedHistory
CUBLionheart HoldingsSHS CL A100,000$1.08M<0.1%00.0%UnchangedHistory
GameStop Corp Class36467W117*W EXP 10/30/202286,722$1.11M<0.1%00.0%Unchanged–
HPPHudson Pacific Properties, Inc.COM189,080$1.12M<0.1%+178,077+1,618.4%AddedHistory
i-80 Gold Corp.44955L155*W EXP 11/16/2021,117,500$1.12M<0.1%00.0%Unchanged–
COMPCompass, Inc.CL A154,894$1.13M<0.1%+154,894NewHistory
IHRTiHeartMedia, Inc.COM CL A400,000$1.17M<0.1%+275,000+220.0%AddedHistory
HRIHerc Holdings IncCOM12,130$1.21M<0.1%+3,800+45.6%AddedHistory
AFBAlliancebernstein National Municipal Income FundCOM113,648$1.21M<0.1%00.0%UnchangedHistory
ARTCArt Technology Acquisition Corp.COM126,066$1.24M<0.1%+126,066NewHistory
LWACLightWave Acquisition Corp.USD CL A ORD SHS125,000$1.27M<0.1%00.0%UnchangedHistory
CCIICohen Circle Acquisition Corp. IICOM125,000$1.28M<0.1%00.0%UnchangedHistory
CAEPCantor Equity Partners III, Inc.SHS CL A125,000$1.29M<0.1%00.0%UnchangedHistory
IPEXInflection Point Acquisition Corp. VORD SHS CL A125,000$1.30M<0.1%00.0%UnchangedHistory
USASAmericas Gold & Silver CorpCOM NEW250,000$1.30M<0.1%00.0%UnchangedHistory
Liberty Media Corp530715AL5DEB 3.750% 2/1–$1.31M<0.1%–––
CARAvis Budget Group, Inc.COM9,491$1.38M<0.1%−1,600−14.4%ReducedHistory
VLOSVelos Acquisition I Corp.CL A130,000$1.40M<0.1%00.0%UnchangedHistory
HCICUHennessy Capital Investment Corp. VIIIUNIT 02/02/2031144,434$1.44M<0.1%+144,434NewHistory
DYORInsight Digital Partners IICL A ORD145,682$1.45M<0.1%00.0%UnchangedHistory
TWLVTwelve Seas Investment Co III/CaymanORD SHS CL A150,000$1.48M<0.1%+150,000NewHistory
HCACHall Chadwick Acquisition CorpORD SHS CL A150,000$1.49M<0.1%+150,000NewHistory
MERCMercer International Inc.COM1,057,658$1.50M<0.1%+371,639+54.2%AddedHistory
Bleichroeder Acquisiti CorpG1170E104USD CL A ORD SHS150,000$1.50M<0.1%+150,000New–
KOYNCSLM Digital Asset Acquisition Corp III, LtdUSD CL A ORD SHS150,000$1.51M<0.1%00.0%UnchangedHistory
MBVIM3-Brigade Acquisition VI Corp.ORD SHS CL A150,000$1.51M<0.1%00.0%UnchangedHistory
FCRSFutureCrest Acquisition Corp.CL A ORD SHS150,000$1.51M<0.1%00.0%UnchangedHistory
FIGXFIGX Capital Acquisition Corp.USD CL A ORD SHS150,000$1.51M<0.1%00.0%UnchangedHistory
SSEAStarry Sea Acquisition CorpSHS150,000$1.52M<0.1%00.0%UnchangedHistory
CRAQCal Redwood Acquisition Corp.COM CL A150,000$1.52M<0.1%00.0%UnchangedHistory
GFUZGeneral Fusion Group Ltd.Equity150,000$1.52M<0.1%00.0%UnchangedHistory
EGHAEGH Acquisition Corp.SHS CL A150,000$1.53M<0.1%00.0%UnchangedHistory
GTERAGloba Terra Acquisition CorpCL A ORD SHS150,000$1.53M<0.1%00.0%UnchangedHistory
JENAJena Acquisition Corp IIUSD CL A ORD SHS150,000$1.53M<0.1%00.0%UnchangedHistory

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%–