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Livermore
Livermore
ZHEN

Fort Baker Capital Management LP

SEC CIK
0001688382
Latest filing
Aug 14, 2026

The latest 13F from Fort Baker Capital Management LP covers Q2 2026 (filed Aug 14, 2026): 115 long positions worth $1.26B. The top 10 holdings make up 47.1% of the portfolio, and the largest is Warner Bros. Discovery, Inc. (WBD) at 9.4%. Livermore has 25 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
38
Est. +$256.2M
Added
22
Est. +$186.8M
Reduced
8
Est. −$53.8M
Sold out
38
Est. −$320.6M

Top 5 holdings

Share of this quarter's portfolio value

  1. WBDWarner Bros. Discovery, Inc.
    9.4%$118.5MHistory
  2. NSCNorfolk Southern Corp
    7.9%$98.9MHistory
  3. EAElectronic Arts Inc.
    6.3%$79.8MHistory
  4. AESAES Corp
    5.6%$70.2MHistory
  5. LBRDKLiberty Broadband Corp
    4.1%$52.1MHistory

Share of portfolio

Top 5 holdings and the other 110 positions, by share of portfolio value

  1. WBD9.4%
  2. NSC7.9%
  3. EA6.3%
  4. AES5.6%
  5. LBRDK4.1%
  6. Other 110 positions66.6%

Biggest buys

New and added positions, by estimated amount bought

  1. NSCNorfolk Southern Corp
    +$43.9MAddedHistory
  2. Super Micro Computer, Inc.86800UAB0
    +$27.8MNew
  3. LBRDKLiberty Broadband Corp
    +$24.2MAddedHistory
  4. CXIIChurchill Capital Corp XII
    +$21.3MNewHistory
  5. TMTSSpartacus Acquisition Corp. II
    +$19.7MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. NSCNorfolk Southern Corp
    +3.42 pp4.4% → 7.9%History
  2. Super Micro Computer, Inc.86800UAB0
    +2.21 pp0.0% → 2.2%
  3. CXIIChurchill Capital Corp XII
    +1.69 pp0.0% → 1.7%History
  4. TMTSSpartacus Acquisition Corp. II
    +1.57 pp0.0% → 1.6%History
  5. Makemytrip Limited Mauritius56087FAD6
    +1.53 pp0.0% → 1.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. MASIMasimo Corp
    −$55.6MSold outHistory
  2. TERNTerns Pharmaceuticals, Inc.
    −$43.3MSold outHistory
  3. CORZWCore Scientific, Inc.
    −$31.1MReducedHistory
  4. Factorial Energy Inc.G19307100
    −$27.7MSold out
  5. CWANClearwater Analytics Holdings, Inc.
    −$23.0MSold outHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. MASIMasimo Corp
    −4.93 pp4.9% → 0.0%History
  2. TERNTerns Pharmaceuticals, Inc.
    −3.84 pp3.8% → 0.0%History
  3. Factorial Energy Inc.G19307100
    −2.46 pp2.5% → 0.0%
  4. CWANClearwater Analytics Holdings, Inc.
    −2.04 pp2.0% → 0.0%History
  5. Real Asset Acquisition Corp.G73944103
    −1.60 pp1.6% → 0.0%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$1.26B
+$129.2M (+11.5%) vs. prior quarter
Positions
115
0 vs. prior quarter
Top 10 concentration
47.1%
Top 10 as share of value
Turnover
31.4%
Q2 2026, one quarter
Average holding period
2.7 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $1.26B (Q2 2026)

Q1 2021: $340.2MQ2 2021: $345.7MQ3 2021: $356.4MQ4 2021: $568.5MQ1 2022: $655.9MQ2 2022: $613.0MQ3 2022: $616.9MQ4 2022: $302.3MQ1 2023: $463.4MQ2 2023: $706.7MQ3 2023: $1.02BQ4 2023: $798.1MQ1 2024: $691.3MQ2 2024: $844.6MQ3 2024: $600.2MQ4 2024: $614.2MQ1 2025: $469.2MQ2 2025: $571.3MQ3 2025: $607.9MQ4 2025: $899.9MQ1 2026: $1.13BQ2 2026: $1.26B
Q1 2021Q2 2026
13F filings of Fort Baker Capital Management LP by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 2026115$1.26BWBDNSCEAvs. Q1 2026SEC
Q1 2026May 15, 2026115$1.13BWBDEAAESvs. Q4 2025SEC
Q4 2025Feb 17, 2026113$899.9MFYBRCyberark Software LtdWBDvs. Q3 2025SEC
Q3 2025Nov 14, 202587$607.9MCyberark Software LtdLBRDKFYBRvs. Q2 2025SEC
Q2 2025Aug 14, 202569$571.3MKodiak AI, Inc.SKXFYBRvs. Q1 2025SEC
Q1 2025May 15, 202553$469.2MKodiak AI, Inc.FYBRNWSAvs. Q4 2024SEC
Q4 2024Feb 14, 202564$614.2MKFYBRESGRvs. Q3 2024SEC
Q3 2024Nov 14, 202474$600.2MLBRDKSMARChurchill Capital Corp IX/Caymanvs. Q2 2024SEC
Q2 2024Aug 14, 202475$844.6MHIBBStarz Entertainment CorpSBOWvs. Q1 2024SEC
Q1 2024May 15, 202470$691.3MStarz Entertainment CorpXNWSAvs. Q4 2023SEC
Q4 2023Feb 14, 202484$798.1MSPLKNWSAPegasystems Incvs. Q3 2023SEC
Q3 2023Nov 14, 202389$1.02BATVILBRDAFWONAvs. Q2 2023SEC
Q2 2023Aug 14, 202397$706.7MFWONALBRDATurning PT Brands Incvs. Q1 2023SEC
Q1 2023May 15, 202398$463.4MFWONAGuidewire Software, Inc.Turning PT Brands Incvs. Q4 2022SEC
Q4 2022Feb 14, 202388$302.3MLBRDKSOCLBRDAvs. Q3 2022SEC
Q3 2022Nov 14, 2022109$616.9MSocial Capital Hedosopha HLDLiberty Media Acquisition CorpCONXvs. Q2 2022SEC
Q2 2022Aug 15, 2022112$613.0MSocial Capital Hedosopha HLDLiberty Media Acquisition CorpCONXvs. Q1 2022SEC
Q1 2022May 17, 2022Amended101$655.9MLiberty Media Acquisition CorpSocial Capital Hedosopha HLDCONXvs. Q4 2021SEC
Q4 2021Feb 14, 202292$568.5MLiberty Media Acquisition CorpCONXLBRDKvs. Q3 2021SEC
Q3 2021Nov 15, 2021101$356.4MLBRDKLiberty Media Acquisition CorpPershing Square Tontine Hldgvs. Q2 2021SEC
Q2 2021Aug 16, 202172$345.7MLBRDKNVTSE Merge Technology Acquisitivs. Q1 2021SEC
Q1 2021Aug 31, 2021Amended81$340.2MLBRDKE Merge Technology AcquisitiSeven Oaks Acquisition Corp–SEC

13D and 13G filings

Companies where Fort Baker Capital Management LP reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

19 companies, largest stake first.

Companies where Fort Baker Capital Management LP owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
FTWPresidio Production Co13G/A9.97%3.57M shares+1.27 ppfrom 8.70%Aug 14, 20252 filingsNov 14, 2025SEC
CCIICohen Circle Acquisition Corp. II13G/A9.80%2.55M shares+3.40 ppfrom 6.40%May 15, 20262 filingsAug 14, 2026SEC
Churchill Capital Corp IX/CaymanClass A ordinary shares, par value $0.0001 per share13G/A9.70%2.87M shares+4.80 ppfrom 4.90%Nov 14, 20245 filingsAug 14, 2026SEC
GTENGores Holdings X, Inc.13G/A9.30%3.35M shares+2.90 ppfrom 6.40%May 15, 20262 filingsAug 14, 2026SEC
FACFactorial Energy Inc.13G9.20%2.53M sharesNewFeb 17, 20261 filingFeb 17, 2026SEC
TONTGraf Global Corp.13G/A8.90%1.26M shares+2.40 ppfrom 6.50%May 15, 20262 filingsAug 14, 2026SEC
TMTSSpartacus Acquisition Corp. II13G8.60%1.97M sharesNewAug 14, 20261 filingAug 14, 2026SEC
BCSSBain Capital GSS Investment Corp.13G/A8.50%3.98M shares+2.60 ppfrom 5.90%Feb 17, 20262 filingsMay 15, 2026SEC
RACRithm Acquisition Corp.13G8.20%1.95M sharesNewAug 14, 20261 filingAug 14, 2026SEC
SAAQSpace Asset Acquisition Corp.13G8.00%1.88M sharesNewAug 14, 20261 filingAug 14, 2026SEC
CRANCrane Harbor Acquisition Corp. II13G7.20%2.54M sharesNewAug 14, 20261 filingAug 14, 2026SEC
Bleichroeder Acquisition Corp. IIClass A ordinary shares, par value $0.0001 per share13G7.20%2.08M sharesNewAug 14, 20261 filingAug 14, 2026SEC
GSHRGesher Acquisition Corp. II13G7.00%1.05M sharesNewAug 14, 20251 filingAug 14, 2025SEC
INFQInfleqtion, Inc.13G6.40%2.65M sharesNewAug 14, 20251 filingAug 14, 2025SEC
PMTRPerimeter Acquisition Corp. I13G6.30%1.57M sharesNewMay 15, 20261 filingMay 15, 2026SEC
EGHAEGH Acquisition Corp.13G6.00%931.8K sharesNewMay 15, 20261 filingMay 15, 2026SEC
VACIViking Acquisition Corp I13G5.80%1.37M sharesNewAug 14, 20261 filingAug 14, 2026SEC
CCXIUChurchill Capital Corp XI13G5.40%2.25M sharesNewFeb 17, 20261 filingFeb 17, 2026SEC
OACCOaktree Acquisition Corp. III Life Sciences13G5.10%1.00M sharesNewMay 15, 20261 filingMay 15, 2026SEC

Latest filings

84 filings on file made by Fort Baker Capital Management LP or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Fort Baker Capital Management LP
CompanyFiled (ET)FormStakeChangeEvent dateFiling
VACIViking Acquisition Corp IAug 14, 20263:26 PM ET13G5.80%1.37M sharesNewJun 30, 2026SEC
TMTSSpartacus Acquisition Corp. IIAug 14, 20263:19 PM ET13G8.60%1.97M sharesNewJun 30, 2026SEC
SAAQSpace Asset Acquisition Corp.Aug 14, 20263:13 PM ET13G8.00%1.88M sharesNewJun 30, 2026SEC
DRDBRoman DBDR Acquisition Corp. IIAug 14, 20263:07 PM ET13G/A0.00%0 shares−6.60 ppfrom 6.60%Below 5%Jun 30, 2026SEC
RACRithm Acquisition Corp.Aug 14, 20263:02 PM ET13G8.20%1.95M sharesNewJun 30, 2026SEC
Real Asset Acquisition Corp.Class A Ordinary Shares, par value $0.0001 per shareAug 14, 20262:56 PM ET13G/A1.20%200.0K shares−8.70 ppfrom 9.90%Below 5%Jun 30, 2026SEC
KBONKarbon Capital Partners Corp.Aug 14, 20262:48 PM ET13G/A4.20%1.50M shares−1.70 ppfrom 5.90%Below 5%Jun 30, 2026SEC
TONTGraf Global Corp.Aug 14, 20262:42 PM ET13G/A8.90%1.26M shares+2.40 ppfrom 6.50%Jun 30, 2026SEC
GTENGores Holdings X, Inc.Aug 14, 20262:36 PM ET13G/A9.30%3.35M shares+2.90 ppfrom 6.40%Jun 30, 2026SEC
CRANCrane Harbor Acquisition Corp. IIAug 14, 20262:28 PM ET13G7.20%2.54M sharesNewJun 30, 2026SEC
CCIICohen Circle Acquisition Corp. IIAug 14, 20262:18 PM ET13G/A9.80%2.55M shares+3.40 ppfrom 6.40%Jun 30, 2026SEC
CCXIChurchill Capital Corp XIAug 14, 20262:13 PM ET13G/A4.80%2.00M shares–Below 5%Jun 30, 2026SEC
Churchill Capital Corp IX/CaymanClass A ordinary shares, par value $0.0001 per shareAug 14, 20262:02 PM ET13G/A9.70%2.87M shares+4.80 ppfrom 4.90%Jun 30, 2026SEC
FACFactorial Energy Inc.Aug 14, 20261:55 PM ET13G/A0.00%0 shares–Below 5%Jun 30, 2026SEC
Bleichroeder Acquisition Corp. IIClass A ordinary shares, par value $0.0001 per shareAug 14, 20261:50 PM ET13G7.20%2.08M sharesNewJun 30, 2026SEC
Agriculture & Natural Solutions Acquisition CorpClass A ordinary shares, par value $0.0001 per shareAug 14, 20261:44 PM ET13G/A4.20%1.38M shares−1.50 ppfrom 5.70%Below 5%Jun 30, 2026SEC
Real Asset Acquisition Corp.Class A Ordinary Shares, par value $0.0001 per shareMay 15, 20262:31 PM ET13G9.90%1.72M sharesNewMar 31, 2026SEC
PMTRPerimeter Acquisition Corp. IMay 15, 20262:22 PM ET13G6.30%1.57M sharesNewMar 31, 2026SEC
OACCOaktree Acquisition Corp. III Life SciencesMay 15, 20262:14 PM ET13G5.10%1.00M sharesNewMar 31, 2026SEC
KBONKarbon Capital Partners Corp.May 15, 20262:05 PM ET13G5.90%1.50M sharesNewMar 31, 2026SEC