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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
Mountain Lake Acquisition Corp.G6301B101SHS CL A300,000$3.16M<0.1%00.0%Unchanged–
TAVITavia Acquisition Corp.SHS300,000$3.17M<0.1%00.0%UnchangedHistory
iShares Inc464286400MSCI BRAZIL ETF83,755$3.22M<0.1%+62,768+299.1%Added–
TDACTranslational Development Acquisition Corp.COM CL A305,000$3.23M<0.1%00.0%UnchangedHistory
IRHOIron Horse Acquisition II Corp.COM350,000$3.45M<0.1%+350,000NewHistory
ZKPLafayette Digital Acquisition Corp. IORD CLASS A350,000$3.45M<0.1%+350,000NewHistory
Blue WTR Acquisition Corp IVG1368A120UNIT 99/99/9999350,000$3.47M<0.1%+350,000New–
FMACUFuture Money Acquisition CorpUNIT 03/16/2031350,000$3.50M<0.1%+350,000NewHistory
APEX Tech Acquisition Inc.G0R21F121UNIT 99/99/9999350,000$3.50M<0.1%+350,000New–
OTGAOTG Acquisition Corp. IORD CL A350,000$3.52M<0.1%00.0%UnchangedHistory
SIRISirius XM Holdings Inc.COMMON STOCK153,943$3.55M0.1%−17,000−9.9%ReducedHistory
IRABIris Acquisition Corp IIORD SHS CL A375,200$3.68M0.1%+375,200NewHistory
LPBBLaunch Two Acquisition Corp.ORD SHS CL A350,000$3.72M0.1%00.0%UnchangedHistory
NCMINational CineMedia, Inc.COM NEW1,242,084$3.79M0.1%00.0%UnchangedHistory
XSLLUXsolla SPAC 1UNIT 01/12/2031385,000$3.81M0.1%+385,000NewHistory
RFAMURF Acquisition Corp IIIUNIT 01/28/2031387,000$3.83M0.1%+387,000NewHistory
BNBROOKFIELD CorpCL A LTD VT SH96,265$3.90M0.1%+96,265NewHistory
ALOVAldabra 4 Liquidity Opportunity Vehicle, Inc.CL A ORD SHS400,000$3.93M0.1%+400,000NewHistory
MLAAMountain Lake Acquisition Corp. IIUSD CL A ORD SHS400,000$3.94M0.1%+400,000NewHistory
NTWONewbury Street II Acquisition CorpORD SHS CL A375,000$3.94M0.1%00.0%UnchangedHistory
SORNSoren Acquisition Corp.USD CL A ORD SHS400,000$3.95M0.1%+400,000NewHistory
PTORUPraetorian Acquisition Corp.UNIT 01/16/2031400,000$3.96M0.1%+400,000NewHistory
CAQUUCambridge Acquisition Corp.UNIT 01/30/2031400,000$3.98M0.1%+400,000NewHistory
IPXGUInflection Point Acquisition Corp. VIIUNIT 02/11/2031400,000$4.00M0.1%+400,000NewHistory
FGIIUFG Imperii Acquisition Corp.UNIT 10/14/2030400,000$4.00M0.1%+400,000NewHistory
MMTXMiluna Acquisition CorpUSD CL A ORD SHS400,000$4.00M0.1%+400,000NewHistory
Kensington Cap Acquist CorpG5235S123UNIT 99/99/9999400,000$4.02M0.1%+400,000New–
EMISEmmis Acquisition Corp.SHS CL A400,000$4.02M0.1%00.0%UnchangedHistory
EVACEQV Ventures Acquisition Corp. IICOM400,000$4.04M0.1%00.0%UnchangedHistory
NOEMCO2 Energy Transition Corp.COM390,000$4.04M0.1%00.0%UnchangedHistory
LKSPLake Superior Acquisition CorpUSD CL A ORD SHS405,103$4.07M0.1%00.0%UnchangedHistory
DAAQDigital Asset Acquisition Corp.SHS CL A400,000$4.10M0.1%00.0%UnchangedHistory
CCAQCollective Acquisition Corp.COM400,000$4.13M0.1%00.0%UnchangedHistory
RACRithm Acquisition Corp.COM400,000$4.16M0.1%00.0%UnchangedHistory
SVCCStellar V Capital Corp. (Cayman Islands)SHS CL A400,000$4.18M0.1%00.0%UnchangedHistory
DRDBRoman DBDR Acquisition Corp. IICOM400,000$4.19M0.1%00.0%UnchangedHistory
DMAADrugs Made In America Acquisition Corp.ORD SHS400,000$4.19M0.1%00.0%UnchangedHistory
CHARCharlton Aria Acquisition CorpORD SHS CL A399,000$4.22M0.1%00.0%UnchangedHistory
BEAGBold Eagle Acquisition Corp.CL A400,000$4.22M0.1%00.0%UnchangedHistory
Evolent Health, Inc.30050BAJ0DEBT 4.500% 8/1–$4.22M0.1%–––
ALDFAldel Financial II Inc.CL A400,000$4.22M0.1%00.0%UnchangedHistory
BEBETGE Value Creative Solutions CorpUSD CL A ORD SHS450,000$4.45M0.1%+450,000NewHistory
ILLUUIllumination Acquisition Corp. IUNIT 12/23/2031450,000$4.46M0.1%+450,000NewHistory
DMIIDrugs Made In America Acquisition II Corp.USD ORD SHS450,000$4.49M0.1%00.0%UnchangedHistory
ACAAUAverin Capital Acquisition Corp.UNIT 01/30/2031450,000$4.50M0.1%+450,000NewHistory
Nutanix, Inc.67059NAK4NOTE 0.500%12/1–$4.51M0.1%–New–
HACQUHCM IV Acquisition Corp.UNIT 01/20/2031450,000$4.51M0.1%+450,000NewHistory
CEPFCantor Equity Partners IV, Inc.SHS CL A450,000$4.59M0.1%00.0%UnchangedHistory
CCOClear Channel Outdoor Holdings, Inc.COM2,003,835$4.75M0.1%−456,149−18.5%ReducedHistory
ELBMElectra Battery Materials CorpCOM8,200,099$4.77M0.1%−363,905−4.2%ReducedHistory
On Semiconductor Corp682189AU9NOTE 0.500% 3/0–$4.89M0.1%–New–
DBCAD. Boral Acquisition I Corp.ORD SHS CL A500,000$4.93M0.1%+500,000NewHistory
RNGTRange Capital Acquisition Corp IICL A ORD SHS500,000$5.00M0.1%00.0%UnchangedHistory
YCYAA Mission Acquisition Corp. IIORD SHS CL A500,000$5.04M0.1%00.0%UnchangedHistory
Kosmos Energy Ltd.500688AH9NOTE 3.125% 3/1–$5.07M0.1%–––
SVCService Properties TrustCOM SH BEN INT3,772,799$5.11M0.1%−300,000−7.4%ReducedHistory
NPACNew Providence Acquisition Corp. III/CaymanCOM500,000$5.13M0.1%00.0%UnchangedHistory
Real Asset Acquisition Corp.G73944103SHS CL A500,000$5.25M0.1%00.0%Unchanged–
SIMASIM Acquisition Corp. ISHS CL A500,000$5.36M0.1%00.0%UnchangedHistory
AACIUArmada Acquisition Corp. IIIUNIT 02/13/2031550,000$5.48M0.1%+550,000NewHistory
BEPBrookfield Renewable Partners L.P.PARTNERSHIP UNIT170,000$5.55M0.1%00.0%UnchangedHistory
ACIAlbertsons Companies, Inc.COMMON STOCK326,582$5.56M0.1%−18,000−5.2%ReducedHistory
Factorial Energy Inc.G19307100COM CL A550,000$5.64M0.1%00.0%Unchanged–
GTGoodyear Tire & Rubber CoCOM871,089$5.78M0.1%+130,000+17.5%AddedHistory
HDRNHadron Energy, Inc.ORD SHS CL A550,000$5.86M0.1%00.0%UnchangedHistory
WENNWEN Acquisition CorpCOM600,000$6.11M0.1%00.0%UnchangedHistory
Solaris Energy Infras Inc83419XAB4NOTE 0.250%10/0–$6.24M0.1%–––
Groupon, Inc.399473AH0NOTE 6.250% 3/1–$6.30M0.1%–––
BCARD. Boral ARC Acquisition I Corp.SHS CL A650,000$6.58M0.1%00.0%UnchangedHistory
SOULSoulpower Acquisition Corp.USD CL A ORD SHS650,000$6.66M0.1%00.0%UnchangedHistory
SZZLSizzle Acquisition Corp. IIUSD CL A ORD SHS650,000$6.68M0.1%00.0%UnchangedHistory
XCBEX3 Acquisition Corp. Ltd.ORD SHS CL A700,000$6.89M0.1%+700,000NewHistory
MGMMGM Resorts InternationalStock186,869$6.92M0.1%−99,181−34.7%ReducedHistory
PONOUPono Capital Four, Inc.UNIT 03/11/2031700,000$6.99M0.1%+700,000NewHistory
UAAUnder Armour, Inc.Stock1,186,792$7.01M0.1%−114,573−8.8%ReducedHistory
Semtech Corp816850AF8NOTE 1.625%11/0–$7.37M0.1%–––
UPWheels Up Experience Inc.COM CL A23,832,927$7.39M0.1%00.0%UnchangedHistory
Upstart Hldgs Inc91680MAB3NOTE 0.250% 8/1–$7.45M0.1%–––
HAVAHarvard Ave Acquisition CorpUSD CL A ORD SHS750,000$7.51M0.1%+750,000NewHistory
FERAFifth Era Acquisition Corp IORD SHS CL A750,000$7.72M0.1%00.0%UnchangedHistory
IACOUIdea Acquisition Corp.UNIT 01/06/2031797,378$7.90M0.1%+797,378NewHistory
GIWGigCapital8 Corp.COM800,000$7.98M0.1%00.0%UnchangedHistory
TACHTitan Acquisition Corp.CL A800,000$8.23M0.1%00.0%UnchangedHistory
VNMEVendome Acquisition Corp ICOM CL A825,000$8.32M0.1%00.0%UnchangedHistory
CSTMConstellium SECL A SHS346,660$8.52M0.1%−153,000−30.6%ReducedHistory
PPLIPeople IncCOM NEW217,383$8.70M0.1%+90,819+71.8%AddedHistory
Hertz Corp428040DE6NOTE 8.000% 7/1–$9.05M0.1%–––
CYHCommunity Health Systems IncCOM3,127,884$9.20M0.1%+926,364+42.1%AddedHistory
FOXFox CorpCL B COM175,248$9.31M0.1%−343,180−66.2%ReducedHistory
NIO Inc.62914VAK2NOTE 4.625%10/1–$9.89M0.1%–––
Xerox Holdings Corp98421MAE6NOTE 3.750% 3/1–$10.4M0.1%–––
Strategy Inc594972AL5NOTE 0.875% 3/1–$12.1M0.2%–––
DCHDauch CorpCOM2,293,053$13.6M0.2%−950,500−29.3%ReducedHistory
LLYVKLiberty Live Holdings, Inc.COM SHS SER C161,429$15.2M0.2%+161,429NewHistory
Nabors Inds Inc62957HAL9NOTE 1.750% 6/1–$15.4M0.2%–––
Granite Constr Inc387328AF4NOTE 3.250% 6/1–$16.4M0.2%–––
GRFSGrifols SASP ADR REP B NVT2,067,798$16.6M0.2%−553,670−21.1%ReducedHistory
LBRDALiberty Broadband CorpCOM SER A348,076$17.5M0.2%00.0%UnchangedHistory
BLCOBausch & Lomb CorpCOMMON SHARES1,101,854$17.5M0.2%+150,641+15.8%AddedHistory
PTC Therapeutics, Inc.69366JAD3NOTE 1.500% 9/1–$17.7M0.2%–––

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%–