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Sea Otter Advisors LLC

SEC CIK
0001944662
Latest filing
Nov 14, 2024

The latest 13F from Sea Otter Advisors LLC covers Q3 2024 (filed Nov 14, 2024): 3 long positions worth $393.8K. The top 10 holdings make up 100.0% of the portfolio, and the largest is Bitcoin Depot Inc. (BTM) at 89.8%. Livermore has 9 filings on Form 13F from this institution, going back to Q3 2022.

What changed in Q3 2024

Share counts compared with Q2 2024: 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
0
Added
0
Reduced
1
Est. −$10.7K
Sold out
42
Est. −$11.5M

Top 5 holdings

Share of this quarter's portfolio value

  1. BTMBitcoin Depot Inc.
    89.8%$353.7KHistory
  2. NKLANikola Corp
    6.2%$24.4KHistory
  3. Compass Digital Acquisitn CoG2476C123
    4.0%$15.7K

Share of portfolio

Each position's share of portfolio value

  1. BTM89.8%
  2. NKLA6.2%
  3. Compass Digital Acquisitn Co4.0%

Biggest buys

New and added positions, by estimated amount bought

None this quarter.

Largest weight increases

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

None this quarter.

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CLMCornerstone Strategic Investment Fund, Inc.
    −$3.85MSold outHistory
  2. RSFRiverNorth Capital & Income Fund, Inc.
    −$1.84MSold outHistory
  3. IFNAberdeen India Fund, Inc.
    −$1.18MSold outHistory
  4. Sable Offshore Corp.78574H112
    −$799.6KSold out
  5. CRFCornerstone Total Return Fund Inc
    −$785.0KSold outHistory

Largest weight decreases

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

  1. CLMCornerstone Strategic Investment Fund, Inc.
    −32.26 pp32.3% → 0.0%History
  2. RSFRiverNorth Capital & Income Fund, Inc.
    −15.44 pp15.4% → 0.0%History
  3. IFNAberdeen India Fund, Inc.
    −9.88 pp9.9% → 0.0%History
  4. Sable Offshore Corp.78574H112
    −6.70 pp6.7% → 0.0%
  5. CRFCornerstone Total Return Fund Inc
    −6.58 pp6.6% → 0.0%History

Metrics

13F metrics for Q3 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$393.8K
−$11.5M (−96.7%) vs. prior quarter
Positions
3
−42 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
0.0%
Q3 2024, one quarter
Average holding period
4.9 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 (Q3 2022), so positions held before then are understated.

13F filings by quarter

9 quarters, going back to Q3 2022. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $154.2M (Q1 2023)

Q3 2022: $47.7MQ4 2022: $67.3MQ1 2023: $154.2MQ2 2023: $129.3MQ3 2023: $140.8MQ4 2023: $105.1MQ1 2024: $19.3MQ2 2024: $11.9MQ3 2024: $393.8K
Q3 2022Q3 2024
13F filings of Sea Otter Advisors LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2024Nov 14, 20243$393.8KBTMNKLACompass Digital Acquisitn Covs. Q2 2024SEC
Q2 2024Aug 14, 202445$11.9MCLMRSFIFNvs. Q1 2024SEC
Q1 2024May 15, 2024113$19.3MIB Acquisition Corp.ACACMirion Technologies Inc - USvs. Q4 2023SEC
Q4 2023Feb 14, 2024172$105.1MOccidental Pete Corp WT Exp 080327Liberty Media CorpQT Imaging Holdings, Inc.vs. Q3 2023SEC
Q3 2023Nov 14, 2023229$140.8MOccidental Pete Corp WT Exp 080327Juniper II CorpIVCBvs. Q2 2023SEC
Q2 2023Aug 14, 2023234$129.3MOccidental Pete Corp WT Exp 080327APGBIVCBvs. Q1 2023SEC
Q1 2023May 15, 2023231$154.2MOccidental Pete Corp WT Exp 080327Talon 1 Acquisition CorpIVCBvs. Q4 2022SEC
Q4 2022Feb 14, 202376$67.3MDCRDFtac Zeus Acquisition CorPrime Impact Acquisition Ivs. Q3 2022SEC
Q3 2022Nov 14, 202252$47.7MNEOGMarblegate Acquisition Corp.Spindletop Health Acquisitio–SEC

13D and 13G filings

Companies where Sea Otter Advisors LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Sea Otter Advisors LLC does not currently report owning 5% or more of any company.

Latest filings

44 filings on file made by Sea Otter Advisors LLC or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Sea Otter Advisors LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
ACACAcri Capital Acquisition CorpFeb 14, 202413G/AOld format–––SEC
BlueRiver Acquisition Corp.Jan 12, 202413G/AOld format–––SEC
GCTSGCT Semiconductor Holding, Inc.Jan 9, 202413G/AOld format–––SEC
GCTSGCT Semiconductor Holding, Inc.Dec 28, 202313GOld format–New–SEC
BLEUbleuacacia ltdDec 28, 202313G/AOld format–––SEC
ZEOZeo Energy Corp.Dec 28, 202313G/AOld format–––SEC
CNDAConcord Acquisition Corp IIDec 28, 202313G/AOld format–––SEC
Nocturne Acquisition CorpDec 28, 202313G/AOld format–––SEC
OCAXOCA Acquisition Corp.Oct 25, 202313G/AOld format–––SEC
AERTAeries Technology, Inc.Oct 13, 202313GOld format–––SEC
HCVIRed Rock Acquisition Corp.Oct 6, 202313G/AOld format–––SEC
EMATEvolution Metals & Technologies Corp.Oct 2, 202313GOld format–New–SEC
LOCCLive Oak Crestview Climate Acquisition Corp.Sep 28, 202313G/AOld format–––SEC
HCVIRed Rock Acquisition Corp.Sep 28, 202313GOld format–New–SEC
Juniper II Corp.Sep 25, 202313GOld format–New–SEC
FLDFold Holdings, Inc.Sep 25, 202313G/AOld format–––SEC
LOCCLive Oak Crestview Climate Acquisition Corp.Sep 20, 202313GOld format–New–SEC
HHLAHH&L Acquisition Co.Sep 15, 202313G/AOld format–––SEC
FLDFold Holdings, Inc.Sep 15, 202313GOld format–New–SEC
CNDAConcord Acquisition Corp IISep 6, 202313G/AOld format–––SEC