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Livermore
Livermore
ZHEN

Westchester Capital Management, LLC

SEC CIK
0001512805
Latest filing
Aug 14, 2026

Holdings in Q4 2022

Holdings as of Dec 31, 2022, filed Feb 14, 2023. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
437
−36 vs. Q3 2022
Portfolio value
$3.47B
+$130.0M (+3.9%) vs. Q3 2022
Filed
Feb 14, 2023
SEC
Holdings of Westchester Capital Management, LLC in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
FHNFirst Horizon CorpCOM6,489,724$159.0M4.6%+642,983+11.0%AddedHistory
HZNPHorizon Therapeutics Public Ltd CoSHS1,253,044$142.6M4.1%+1,253,044NewHistory
VMWVmware LLCCL A COM1,107,370$135.9M3.9%+241,004+27.8%AddedHistory
STORStore Capital LLCCOM3,952,180$126.7M3.7%+842,175+27.1%AddedHistory
LHCGLHC Group, IncCOM776,102$125.5M3.6%+155,363+25.0%AddedHistory
AAWWAtlas Air Worldwide Holdings IncCOM NEW1,099,581$110.8M3.2%+21,202+2.0%AddedHistory
ONEM1Life Healthcare IncCOM6,240,757$104.3M3.0%+670,664+12.0%AddedHistory
ATVIActivision Blizzard, Inc.COM1,134,871$86.9M2.5%+386,200+51.6%AddedHistory
Shaw Communications Inc82028K200CL B CONV2,690,570$77.4M2.2%+1,842,659+217.3%Added–
SGFYSignify Health, Inc.CL A COM2,220,552$63.6M1.8%+1,720,026+343.6%AddedHistory
Atlas CorpY0436Q109SHARES3,285,904$50.4M1.5%+3,164,847+2,614.3%Added–
EVOPEVO Payments, Inc.CL A COM1,473,505$49.9M1.4%−54,166−3.5%ReducedHistory
Yamana Gold Inc98462Y100COM8,549,285$47.4M1.4%+8,549,285New–
Sierra Wireless Inc826516106COM1,471,673$42.7M1.2%+1,457,914+10,596.1%Added–
JWSMFJaws Mustang Acquisition CorpSHS CL A3,902,109$39.4M1.1%+2,645,089+210.4%AddedHistory
Ares Acquisition CorporationG33032106COM CL A3,386,790$34.1M1.0%+2,473,449+270.8%Added–
CMBTCmb.tech NVSHS1,730,449$29.5M0.9%+1,531,725+770.8%AddedHistory
MGIMoneygram International IncCOM NEW2,549,663$27.8M0.8%00.0%UnchangedHistory
Coupa Software Inc22266LAF3NOTE 0.375% 6/128,074,000$27.1M0.8%+28,074,000New–
APGBApollo Strategic Growth Capital IISHS CL A2,669,685$26.8M0.8%+1,909,996+251.4%AddedHistory
TGNATegna IncCOM1,257,606$26.6M0.8%−1,107,555−46.8%ReducedHistory
COUPCoupa Software IncCOM331,749$26.3M0.8%+331,749NewHistory
AIMCAltra Industrial Motion Corp.COM427,868$25.6M0.7%+427,868NewHistory
CVIIChurchill Capital Corp VIICOM CL A2,319,831$23.1M0.7%+1,282,737+123.7%AddedHistory
Far Peak Acquisition CorpG3312L103SHS CL A2,188,229$22.0M0.6%+1,498,679+217.3%Added–
MSDAMSD Acquisition Corp.CLASS A ORD SHS2,080,334$21.0M0.6%+1,612,222+344.4%AddedHistory
SCRMScreaming Eagle Acquisition Corp.CLASS A ORD SHS1,954,772$19.4M0.6%+1,047,281+115.4%AddedHistory
SVF Investment Corp.G8601L102CL A SHS1,872,637$18.9M0.5%+888,085+90.2%Added–
TSEMTower Semiconductor LtdSHS NEW435,713$18.8M0.5%00.0%UnchangedHistory
Lazard Growth Acquisition CoG54035103SHS1,756,408$17.8M0.5%+763,668+76.9%Added–
SLAMSlam Corp.CL A SHS1,742,029$17.6M0.5%+1,109,023+175.2%AddedHistory
Pontem CorporationG71707106SHS CL A1,730,856$17.5M0.5%+1,051,225+154.7%Added–
LHCLeo Holdings Corp. IICOM CL A1,706,864$17.3M0.5%+1,306,864+326.7%AddedHistory
VAQCVector Acquisition Corp IICL A SHS1,664,845$16.8M0.5%+1,035,286+164.4%AddedHistory
Gores Holdings IX, Inc.38287A101CLASS A COM1,611,524$16.0M0.5%+1,325,373+463.2%Added–
DGNUDragoneer Growth Opportunities Corp. IIICL A SHS1,617,968$15.9M0.5%+1,040,630+180.2%AddedHistory
1Life Healthcare Inc68269GAB3NOTE 3.000% 6/116,200,000$15.7M0.5%00.0%Unchanged–
NSTCNorthern Star Investment Corp. IIICOM CL A1,536,642$15.4M0.4%+1,386,642+924.4%AddedHistory
African Gold Acquisition CorG0112R108SHS CL A1,527,320$15.3M0.4%+777,320+103.6%Added–
EOCWElliott Opportunity II Corp.SHS CL A1,510,097$15.2M0.4%+935,838+163.0%AddedHistory
Independence Holdings CorpG4761A101CLASS A ORD SHS1,505,851$15.2M0.4%+830,904+123.1%Added–
MAXRMaxar Technologies Inc.COM287,300$14.9M0.4%+287,300NewHistory
NSTDNorthern Star Investment Corp. IVCOM CL A1,465,449$14.7M0.4%+1,465,449NewHistory
Ftac Zeus Acquisition Cor30320F106CLASS A COM1,455,187$14.7M0.4%+1,455,187New–
ROGRogers CorpCOM122,266$14.6M0.4%−268,970−68.7%ReducedHistory
Inflection Point Acqustn CorG47874121CLASS A ORD1,437,462$14.4M0.4%+1,437,462New–
HERAFTAC Hera Acquisition Corp.CLASS A ORD SHS1,411,963$14.3M0.4%+1,211,963+606.0%AddedHistory
Coupa Software Inc22266LAC0NOTE 0.125% 6/114,510,000$14.1M0.4%+14,510,000New–
AJRDAerojet Rocketdyne Holdings, Inc.COM247,163$13.8M0.4%+247,163NewHistory
RMG Acquisition Corp IIIG76088106CL A SHS1,353,328$13.7M0.4%+200,000+17.3%Added–
DCRDDecarbonization Plus Acquisition Corp IVCOM CL A1,329,395$13.6M0.4%+596,171+81.3%AddedHistory
PRPCCC Neuberger Principal Holdings IIISHS CL A1,341,391$13.5M0.4%+875,603+188.0%AddedHistory
TCVATCV Acquisition Corp.CL A SHS1,322,060$13.4M0.4%+556,981+72.8%AddedHistory
Supernova Partn Acq Co III LG8T90F102SHS CL A1,280,418$12.9M0.4%+182,637+16.6%Added–
G Squared Ascend I IncG4204R109SHS CL A1,225,205$12.4M0.4%+231,195+23.3%Added–
DNABSocial Capital Suvretta Holdings Corp. IICLASS A ORD SHS1,225,583$12.3M0.4%+1,192,380+3,591.2%AddedHistory
HHLAHH&L Acquisition Co.SHS CL A1,219,240$12.3M0.4%+896,522+277.8%AddedHistory
BLEUbleuacacia ltdCLASS A ORD SHS1,213,839$12.2M0.4%+1,213,839NewHistory
North Atlantic Acquisitn CorG66139109CL A SHS1,185,536$12.0M0.3%+399,500+50.8%Added–
Marlin Technology Corp.G58411102CL A SHS1,181,524$12.0M0.3%+225,520+23.6%Added–
NCACNewcourt Acquisition CorpCLASS A ORD SHS1,167,081$12.0M0.3%+1,080,237+1,243.9%AddedHistory
Tevogen Inc.G8028L107CLASS A ORD1,131,492$11.7M0.3%+926,129+451.0%Added–
ROSSBPGC Acquisition Corp.SHS CL A1,154,403$11.7M0.3%+710,617+160.1%AddedHistory
Goal Acquisitions Corp38021H107COM1,161,254$11.7M0.3%00.0%Unchanged–
MDH Acquisition Corp55283P106COM CL A1,148,107$11.6M0.3%+498,107+76.6%Added–
HCNEJaws Hurricane Acquisition CorpCLASS A COM1,156,981$11.6M0.3%+685,164+145.2%AddedHistory
DNADSocial Capital Suvretta Holdings Corp. IVCLASS A ORD SHS1,145,236$11.5M0.3%+691,162+152.2%AddedHistory
WRACWilliams Rowland Acquisition Corp.COM1,119,035$11.5M0.3%+869,035+347.6%AddedHistory
Tailwind Internatnal Acq CorG8662F101COM CL A1,067,669$10.8M0.3%+150,000+16.3%Added–
WPCAWarburg Pincus Capital Corp I-ASHS CL A1,051,003$10.6M0.3%+473,046+81.8%AddedHistory
Pioneer Merger Corp.G7S24C103CL A SHS1,046,364$10.6M0.3%+509,049+94.7%Added–
Peridot Acquisition Corp. IIG7008B105SHS CL A1,049,456$10.6M0.3%+522,200+99.0%Added–
WYNNWynn Resorts LtdCOM126,900$10.5M0.3%+126,900NewHistory
DNZD & Z Media Acquisition Corp.COM CL A1,030,117$10.3M0.3%+980,117+1,960.2%AddedHistory
World Quantum Growth AcquisiG5596W101SHS CL A1,000,218$10.2M0.3%+1,000,218New–
Ascendant Digital Acq Corp IG05157105CL A COM986,336$10.2M0.3%+563,132+133.1%Added–
Spree Acquisition Corp. 1 LtdG83745102CL A ORD SHS989,234$10.1M0.3%+989,234New–
Conyers Park III Acqsitn Cor21289P102CLASS A COM1,024,698$10.1M0.3%+500,000+95.3%Added–
Tio Tech AG8T10C106CLASS A ORD SHS995,805$10.1M0.3%+747,500+301.0%Added–
SVF Investment Corp. 2G8601M100CL A SHS976,336$9.84M0.3%+437,881+81.3%Added–
CSTAFConstellation Acquisition Corp ISHS CL A970,238$9.81M0.3%+970,238NewHistory
GEGeneral Electric CoStock114,800$9.62M0.3%+114,800NewHistory
Deep Lake Capital Acqustn CoG27029100CL A SHS932,162$9.41M0.3%+363,498+63.9%Added–
VLATValor Latitude Acquisition Corp.CLASS A ORD SHS917,866$9.23M0.3%+917,866NewHistory
TRTLTortoiseEcofin Acquisition Corp. IIISHS CL A926,662$9.22M0.3%+146,429+18.8%AddedHistory
Green Visor Fin Tec Acq CorpG4166K100CLASS A ORD883,495$9.16M0.3%+794,841+896.6%Added–
ALORALSP Orchid Acquisition Corp ICLASS A ORD886,610$9.08M0.3%+405,807+84.4%AddedHistory
Colonnade Acquisition Corp IG2284B101SHS CL A887,751$8.94M0.3%+359,360+68.0%Added–
VALEVale S.A.SPONSORED ADS524,900$8.91M0.3%+524,900NewHistory
Digiasia Corp.G85094103CLASS A ORD SHS862,104$8.86M0.3%+862,104New–
Prospector Capital CorpG7273A105CL A876,415$8.85M0.3%+177,515+25.4%Added–
SCOBScION Tech Growth IICL A SHS872,393$8.82M0.3%+649,032+290.6%AddedHistory
Thrive Acquisition CorporatiG7158C101CLASS A ORD839,833$8.68M0.3%+485,328+136.9%Added–
Catalyst Partnrs Acquisitn CG19550105CLASS A ORD SHS854,154$8.61M0.2%+289,285+51.2%Added–
COWNCowen Inc.CL A NEW217,286$8.39M0.2%00.0%UnchangedHistory
UHGUnited Homes Group, Inc.CL A830,112$8.35M0.2%00.0%UnchangedHistory
Blueriver Acquisition CorpG1261Q107SHS CL A824,191$8.31M0.2%+824,191New–
Rocket Internet GRWT Oprt CoG7613T103SHS CL A821,123$8.29M0.2%+271,511+49.4%Added–
CNDAConcord Acquisition Corp IICOM CL A811,913$8.07M0.2%00.0%UnchangedHistory
Jack Creek Investment Corp.G4989X115CL A SHS791,468$8.02M0.2%+277,760+54.1%Added–

Options (10)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Westchester Capital Management, LLC in Q4 2022
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$105.2M–
XPOXPO, Inc.COM$12.7M–
WYNNWynn Resorts LtdCOM$10.5M–
GEGeneral Electric CoStock$9.62M–
VVVValvoline IncCOM$9.05M–
VALEVale S.A.SPONSORED ADS$8.91M–
GFFGriffon CorpCOM$5.81M–
KKellanovaStock$5.75M–
EMREmerson Electric CoStock$3.27M–
CXTCrane NXT, Co.COM$2.33M–

Sold out since Q3 2022 (181)

Positions held at the end of Q3 2022 that are gone from this filing.

The largest 100 of 181 by value last quarter.

Positions of Westchester Capital Management, LLC sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
BHVNBiohaven Ltd.COM945,499$142.9M4.3%History
AVLRAvalara, Inc.COM1,117,017$102.5M3.1%History
CTXSCitrix Systems IncCOM925,250$96.2M2.9%History
CHNGChange Healthcare Inc.COM3,405,367$93.6M2.8%History
SWCHSwitch, Inc.CL A2,522,808$85.0M2.5%History
YAlleghany CorpCOM85,946$72.1M2.2%History
ZENZendesk, Inc.COM738,256$56.2M1.7%History
TWTRTwitter, Inc.COM1,091,446$47.8M1.4%History
Avalara, Inc.05338GAB2NOTE 0.250% 8/049,002,000$47.6M1.4%–
NLSNNielsen Holdings plcSHS EUR1,575,259$43.7M1.3%History
TMXTerminix Global Holdings IncCOM830,073$31.9M1.0%History
GBTGlobal Blood Therapeutics, Inc.COM405,863$27.6M0.8%History
XPOXPO, Inc.COM558,800$24.9M0.7%History
BTRSBTRS Holdings Inc.COM CL 11,855,461$17.2M0.5%History
Tenneco Inc880349105CL A VTG COM STK956,959$16.6M0.5%–
VODVodafone Group Public Ltd CoADR1,450,800$16.4M0.5%History
Social Capital Hedosopha HLDG8251L105SHS CL A1,637,481$16.4M0.5%–
Turquoise Hill Res Ltd900435207COM544,351$16.1M0.5%–
BRGBluerock Residential Growth REIT, Inc.COM CL A485,276$13.0M0.4%History
Revolution Healthcar Aq Corp76155Y108CLASS A COM1,088,652$10.7M0.3%–
Social Capital Hedosopha HLDG82514103SHS CL A1,029,183$10.3M0.3%–
CONXCONX Corp.COM CL A1,026,269$10.3M0.3%History
KL Acquisition Corp49837C109COM CL A1,007,506$9.97M0.3%–
Avanti Acquisition CorpG0682V109SHS CL A932,531$9.34M0.3%–
Gores Holdings VII Inc38286T101COM CL A937,426$9.24M0.3%–
Broadscale Acquisition Corp11134Y101COM CL A932,341$9.18M0.3%–
Healthcare Services Acqu Cor42227K104COM CL A904,152$8.99M0.3%–
Compute Health Acquisitin Co204833107COM CL A853,336$8.42M0.3%–
Vy Global GrowthG9444H100COM CL A811,219$8.14M0.2%–
Accelerate Acquisition Corp.00439D102COM CL A807,884$7.93M0.2%–
Recharge Acquisition Corp756229100COM CL A780,644$7.90M0.2%–
KKR Acquisition Holding I Co48253T109COM CLASS A792,196$7.79M0.2%–
Simon Property Grp Acq Holdi82880R103COM CL A774,579$7.63M0.2%–
ChemoCentryx, Inc.16383L106COM147,664$7.63M0.2%–
Senior Connect Acquisitn Cor81723H108COM CL A750,428$7.47M0.2%–
Highland Transcend PartnersG44690108COM CL A745,088$7.42M0.2%–
Liberty Media Acquisition Corp53073L104COM SR A740,850$7.36M0.2%–
Gores Technology Partners II38287L107CLASS A COM747,464$7.34M0.2%–
Gores Technology Partners IN382870103CLASS A COM745,552$7.33M0.2%–
ADER26 Capital Acquisition Corp.COM CL A713,950$7.05M0.2%History
NSTBNorthern Star Investment Corp. IICOM CLASS A620,914$6.13M0.2%History
Crucible Acquisition Corp22877P108COM CL A591,966$5.90M0.2%–
Golden Falcon Acquisition Co38102H109CL A581,295$5.78M0.2%–
FVTFortress Value Acquisition Corp. IIICOM CL A563,107$5.58M0.2%History
AAGRAfrican Agriculture Holdings Inc.COM CL A535,946$5.36M0.2%History
Vectoiq Acquisition Corp II92244F109COM CL A541,528$5.34M0.2%–
Tishman Speyer Innovation Co88825H100COM CL A538,863$5.31M0.2%–
Lerer Hippeau Acquisition Corp.526749106CL A536,884$5.28M0.2%–
Altimeter Growth Corp 2G0371B109COM CL A530,510$5.26M0.2%–
Health Assurn Acquisition Co42226W109COM CL A521,107$5.20M0.2%–
HZONHorizon Acquisition Corp IISHS CL A513,563$5.13M0.2%History
IACCION Acquisition Corp 3 Ltd.SHS CL A519,218$5.12M0.2%History
Climate Real Impact Slutins187171103COM CL A517,079$5.10M0.2%–
GNACGroup Nine Acquisition Corp.COM CL A514,110$5.08M0.2%History
LCALandcadia Holdings IV, Inc.CLASS A COM515,485$5.06M0.2%History
ASAXAstrea Acquisition Corp.COM CL A513,160$5.05M0.2%History
Mount Rainier Acquisition Corp.623006103COM499,967$5.05M0.2%–
FVIVFortress Value Acquisition Corp. IVCOM CL A503,952$4.96M0.1%History
LGVLongview Acquisition Corp. IICOM CL A503,300$4.94M0.1%History
Boa Acquisition Corp05601A109COM CL A490,802$4.88M0.1%–
Athlon Acquisition Corp04748A106COM CL A492,464$4.87M0.1%–
GETRGetaround, IncCL A COM490,646$4.83M0.1%History
Atlas Crest Investment Corp049287105COM CL A483,848$4.77M0.1%–
Simon Property Grp Acq Holdi82880R202UNIT 99/99/9999480,098$4.72M0.1%–
Colicity Inc194170205UNIT 02/24/2026480,558$4.71M0.1%–
Primavera Capital Acquist CoG7255E109SHS CL A473,587$4.71M0.1%–
Avista Pub Acquisition CorpG07247102CLASS A ORD SHS457,315$4.67M0.1%–
Insu Acquisition Corp III457817104COM CL A467,627$4.66M0.1%–
HIIIHudson Executive Investment Corp. IIICOM CL A468,704$4.61M0.1%History
Social Leverage Acquisn Corp83363K102COM CL A466,188$4.58M0.1%–
Glenfarne Merger Corp378579106CLASS A COM466,709$4.58M0.1%–
Shelter Acquisition Corp I822821203UNIT 02/25/2026512,500$4.46M0.1%–
RXR Acquisition Corp74981W107CLASS A COM451,408$4.44M0.1%–
FTCVFintech Acquisition Corp VCOM CL A442,020$4.40M0.1%History
Fortistar Sustainable Sol Co34962M106COM CL A444,757$4.40M0.1%–
Hennessy Capital Invs Corp V42589T107COM CL A444,115$4.38M0.1%–
Austerlitz Acquisition CorpG0633D109SHS CL A445,401$4.37M0.1%–
CNDConcord Acquisition CorpCOM CL A419,161$4.21M0.1%History
Omega Alpha SpacG6749V107CL A415,204$4.13M0.1%–
TriSalus Life Sciences, Inc.58507N105COM CL A414,265$4.11M0.1%–
Fintech Acquisition Corp VI31811H106CLASS A COM381,379$3.79M0.1%–
Aerie Pharmaceuticals Inc00771VAB4NOTE 1.500%10/03,853,000$3.79M0.1%–
FBCFlagstar Bancorp IncCOM PAR .001112,927$3.77M0.1%History
Z-Work Acquisition Corp98880C102COM CL A379,632$3.74M0.1%–
Atlantic Ave Acquisition Cor04906P101COM CL A364,128$3.66M0.1%–
Adit Edtech Acquisition Corp007024102COMMON STOCK334,926$3.31M0.1%–
Bright Lights Acquisition Co10920K101COM CL A325,542$3.23M0.1%–
North Mountain Merger Corp661204107COM CL A301,241$3.02M0.1%–
Sports Ventures Acquisin CorG8372A103CL A SHS296,273$2.95M0.1%–
Tribe Capital Growth Corp I89601Y200UNIT 02/24/2026300,000$2.94M0.1%–
The Music Acquisition Corp62752R209UNIT 99/99/9999286,850$2.83M0.1%–
Corner Growth Acquisition Corp.G2425N121UNIT 01/01/2027277,370$2.76M0.1%–
Class Acceleration Corp18274B106COM267,717$2.65M0.1%–
Aequi Acquisition Corp00775W102COM CL A250,000$2.50M0.1%–
Joff Fintech Acquisition Cor46592C100COM CL A250,000$2.46M0.1%–
Graf Acquisition Corp IV384272209UNIT 05/31/2028250,000$2.44M0.1%–
Fintech Acquisition Corp VI31811H205UNIT 06/24/2026239,945$2.38M0.1%–
HCIIHudson Executive Investment Corp. IICOM CL A238,699$2.35M0.1%History
Noble Rock Acquisition CorpG6546R127UNIT 01/31/2028193,978$1.93M0.1%–
D and Z Media Acquisition Co23305Q205UNIT 99/99/9999192,923$1.90M0.1%–