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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
Veritone, Inc.92347MAB6NOTE 1.750%11/1–$1.54M<0.1%–––
CHPGChampionsGate Acquisition CorpSHS CL A150,000$1.54M<0.1%00.0%UnchangedHistory
WTGWintergreen Acquisition Corp.SHS150,000$1.54M<0.1%00.0%UnchangedHistory
SBIWestern Asset Intermediate Muni Fund Inc.COM204,801$1.57M<0.1%00.0%UnchangedHistory
CEPTCantor Equity Partners II, Inc.CL A ORD SHS145,000$1.58M<0.1%00.0%UnchangedHistory
Willow Lane Acquisition Corp.G9675P102ORD SHS CL A150,000$1.60M<0.1%00.0%Unchanged–
NWSANews CorpCL A68,507$1.71M<0.1%−179,303−72.4%ReducedHistory
AXINAxiom Intelligence Acquisition Corp 1COM175,000$1.77M<0.1%00.0%UnchangedHistory
RRyder System IncCOM8,702$1.78M<0.1%−732−7.8%ReducedHistory
INACIndigo Acquisition Corp.ORD SHS175,000$1.78M<0.1%00.0%UnchangedHistory
BACCBlue Acquisition Corp/CaymanORD SHS CL A175,000$1.79M<0.1%00.0%UnchangedHistory
MBIMbia IncCOM304,461$1.80M<0.1%00.0%UnchangedHistory
iShares Inc464286822MSCI MEXICO ETF23,965$1.80M<0.1%−7,785−24.5%Reduced–
iShares Tr464287390LATN AMER 40 ETF50,841$1.81M<0.1%+50,841New–
SABRSabre CorpCOM1,272,216$1.84M<0.1%+1,272,216NewHistory
JACSJackson Acquisition Co IICOM SHS CL A175,000$1.85M<0.1%00.0%UnchangedHistory
CXEMFS High Income Municipal TrustSH BEN INT512,763$1.90M<0.1%00.0%UnchangedHistory
LEOBNY Mellon Strategic Municipals, Inc.COM305,421$1.92M<0.1%00.0%UnchangedHistory
KRAQKRAKacquisition CorpCL A ORD SHS200,000$1.97M<0.1%+200,000NewHistory
SVIVSpring Valley Acquisition Corp. IVORD SHS CL A200,000$1.97M<0.1%+200,000NewHistory
KTWOK2 Capital Acquisition CorpORD SHS CL A200,000$1.97M<0.1%+200,000NewHistory
DSACDaedalus Special Acquisition Corp.USD CL A ORD SHS200,000$1.98M<0.1%+200,000NewHistory
BIXIBitcoin Infrastructure Acquisition Corp LtdUSD CL A ORD SHS200,000$1.98M<0.1%+200,000NewHistory
DNMXDynamix Corp IIIUSD CL A ORD SHS200,000$1.98M<0.1%00.0%UnchangedHistory
TRGSUTRG Latin America Acquisitions Corp.UNIT 02/20/2031200,000$1.99M<0.1%+200,000NewHistory
ALUBAlussa Energy Acquisition Corp. IIORD SHS CL A200,000$2.00M<0.1%+200,000NewHistory
ALISCalisa Acquisition CorpORD SHS200,000$2.00M<0.1%00.0%UnchangedHistory
LATAGalata Acquisition Corp. IIORD SHS CL A200,000$2.00M<0.1%00.0%UnchangedHistory
KPET Ultra Paceline CorpG53157122COM200,000$2.00M<0.1%+200,000New–
BPACBlueport Acquisition LtdUSD CL A ORD SHS200,000$2.00M<0.1%+200,000NewHistory
GalaxyEdge Acquisition CorpG3710B129UNIT 99/99/9999200,000$2.00M<0.1%+200,000New–
FVAVFortress Value Acquisition Corp. VORD SHS CL A200,000$2.01M<0.1%+200,000NewHistory
TMTSUSpartacus Acquisition Corp. IIUNIT 01/30/2031200,000$2.01M<0.1%+200,000NewHistory
ENHAEnhanced Group Inc.COM CL A200,000$2.03M<0.1%00.0%UnchangedHistory
TVAIThayer Ventures Acquisition Corp IICL A200,000$2.04M<0.1%00.0%UnchangedHistory
SBXESilverBox Corp VORD SHS CL A206,900$2.05M<0.1%+206,900NewHistory
XRPNArmada Acquisition Corp. IICOM200,000$2.06M<0.1%00.0%UnchangedHistory
HVIIONE Nuclear Energy Inc.COM200,000$2.07M<0.1%00.0%UnchangedHistory
SSACSPACSphere Acquisition Corp.CL A SHS212,043$2.10M<0.1%+212,043NewHistory
CEPOCantor Equity Partners I, Inc.COM200,000$2.10M<0.1%00.0%UnchangedHistory
SCPQSocial Commerce Partners CorpORD SHS CL A214,400$2.12M<0.1%+214,400NewHistory
POLEAndretti Acquisition Corp. IIUNIT 99/99/9999200,000$2.13M<0.1%00.0%UnchangedHistory
CRANCrane Harbor Acquisition Corp. IIORD SHS CL A217,635$2.16M<0.1%+217,635NewHistory
BLRKBluerock Acquisition Corp.USD CL A ORD SHS218,525$2.16M<0.1%+218,525NewHistory
LCCCLakeshore Acquisition III Corp.USD ORD SHS218,500$2.25M<0.1%00.0%UnchangedHistory
KFIIK&F Growth Acquisition Corp. IISHS CL A225,000$2.35M<0.1%00.0%UnchangedHistory
Clearway Energy, Inc.18539C105CL A60,542$2.37M<0.1%+60,542New–
PCQPIMCO California Municipal Income FundCOM284,471$2.44M<0.1%+88,995+45.5%AddedHistory
MEVOM Evo Global Acquisition Corp IIORD SHS CL A250,000$2.46M<0.1%+250,000NewHistory
MUZEMuzero Acquisition CorpCL A ORD SHS250,000$2.46M<0.1%+250,000NewHistory
IGACInvest Green Acquisition CorpCL A ORD SHS250,000$2.48M<0.1%00.0%UnchangedHistory
VACIViking Acquisition Corp IORD CL A250,000$2.48M<0.1%00.0%UnchangedHistory
MOZAYYX Acquisition Corp.G63113123UNIT 99/99/9999250,000$2.49M<0.1%+250,000New–
SACSafeguard Acquisition Corp.CL A ORD SHS250,000$2.49M<0.1%+250,000NewHistory
LAFALaFayette Acquisition Corp.ORD SHS250,000$2.49M<0.1%00.0%UnchangedHistory
WSTNWestin Acquisition CorpORD SHS CL A250,000$2.50M<0.1%00.0%UnchangedHistory
OYSEOyster Enterprises II Acquisition CorpORD SHS CL A250,000$2.54M<0.1%00.0%UnchangedHistory
SPEGSilver Pegasus Acquisition Corp.SHS CL A250,000$2.54M<0.1%00.0%UnchangedHistory
UACUnited Acquisition Corp. IORD SHS CL A260,000$2.55M<0.1%+260,000NewHistory
BLUWBlue Water Acquisition Corp. IIIORD SHS CL A250,000$2.57M<0.1%00.0%UnchangedHistory
NHICNewHold Investment Corp. IIIORD SHS CL A250,000$2.59M<0.1%00.0%UnchangedHistory
ATIIArchimedes Tech SPAC Partners II Co.COM250,000$2.60M<0.1%00.0%UnchangedHistory
FACTFACT II Acquisition Corp.ORD SHS CL A250,000$2.63M<0.1%00.0%UnchangedHistory
MYNBlackRock Muniyield New York Quality Fund, Inc.COM273,687$2.63M<0.1%+273,687NewHistory
RANGRange Capital Acquisition Corp.ORD SHS250,000$2.63M<0.1%00.0%UnchangedHistory
ONCH1RT Acquisition Corp.USD CL A ORD SHS260,000$2.64M<0.1%00.0%UnchangedHistory
OACCOaktree Acquisition Corp. III Life SciencesSHS CL A250,000$2.65M<0.1%00.0%UnchangedHistory
PNIPIMCO New York Municipal Income Fund IICOM387,958$2.66M<0.1%+387,958NewHistory
TONTGraf Global Corp.ORD SHS CL A250,000$2.68M<0.1%00.0%UnchangedHistory
LPAALaunch One Acquisition Corp.SHS CLASS A250,000$2.68M<0.1%00.0%UnchangedHistory
BIIIBlack Spade Acquisition III CoUSD CL A ORD SHS276,200$2.72M<0.1%+276,200NewHistory
Global X FDS37954Y327GLBX MSCI COLUM69,042$2.73M<0.1%+3,942+6.1%Added–
NBRGNewbridge Acquisition LtdCL A ORD SHS280,000$2.76M<0.1%+280,000NewHistory
CHECChenghe Acquisition III Co.ORD SHS CL A275,000$2.77M<0.1%00.0%UnchangedHistory
WPACWhite Pearl Acquisition Corp.ORD SHS CL A300,000$2.96M<0.1%+300,000NewHistory
AEAQActivate Energy Acquisition Corp.CL A ORD SHS300,000$2.97M<0.1%+300,000NewHistory
MESHMeshflow Acquisition CorpUSD CL A ORD SHS300,000$2.97M<0.1%+300,000NewHistory
SVAQSilicon Valley Acquisition Corp.CL A300,000$2.97M<0.1%+300,000NewHistory
ADACAmerican Drive Acquisition CoUSD CL A ORD SHS300,000$2.97M<0.1%+300,000NewHistory
LPCVLaunchpad Cadenza Acquisition Corp IUSD CL A ORD SHS300,000$2.97M<0.1%+300,000NewHistory
VHCPVine Hill Capital Investment Corp. IICL A300,000$2.97M<0.1%+300,000NewHistory
GPACGeneral Purpose Acquisition Corp.USD CL A ORD SHS300,000$2.97M<0.1%+300,000NewHistory
LEGOLegato Merger Corp. IVORD SHS300,000$2.97M<0.1%+300,000NewHistory
APXTApex Treasury CorpORD SHS CL A300,000$2.98M<0.1%00.0%UnchangedHistory
AACOUAbony Acquisition Corp. IUNIT 01/29/2031300,000$2.98M<0.1%+300,000NewHistory
EVOXEvolution Global Acquisition CorpUSD CL A ORD SHS300,000$2.99M<0.1%+300,000NewHistory
CZRCaesars Entertainment, Inc.COM113,165$2.99M<0.1%+9,087+8.7%AddedHistory
PALOUPaloma Acquisition Corp IUNIT 02/12/2031300,000$2.99M<0.1%+300,000NewHistory
CTAAUClearthink 1 Acquisition Corp.UNIT 01/26/2031300,000$3.00M<0.1%+300,000NewHistory
PAACUProem Acquisition Corp. IUNIT 01/29/2031300,000$3.00M<0.1%+300,000NewHistory
CLBRColombier Acquisition Corp. IIIORD SHS CL A300,000$3.02M<0.1%+300,000NewHistory
PACHPioneer Acquisition I CorpCL A ORD SHS300,000$3.04M<0.1%00.0%UnchangedHistory
PAIIPyrophyte Acquisition Corp. IICL A SHS300,000$3.04M<0.1%00.0%UnchangedHistory
BHCBausch Health Companies Inc.Stock564,672$3.05M<0.1%+20,175+3.7%AddedHistory
TLNCTalon Capital Corp.ORD SHS CL A300,000$3.06M<0.1%00.0%UnchangedHistory
IPCXInflection Point Acquisition Corp. IIICOM300,000$3.06M<0.1%00.0%UnchangedHistory
RDAGRepublic Digital Acquisition CoCOM300,000$3.07M<0.1%00.0%UnchangedHistory
COPLCopley Acquisition CorpORD SHS CL A300,000$3.10M<0.1%00.0%UnchangedHistory
GSHRGesher Acquisition Corp. IIUSD CL A ORD SHS300,000$3.11M<0.1%00.0%UnchangedHistory
T1 Energy Inc.35834FAB0NOTE 5.250%12/0–$3.13M<0.1%–––

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%–