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Livermore
Livermore
ZHEN

Terrapin Asset Management, LLC

SEC CIK
0001965645
Latest filing
Nov 14, 2023

Holdings in Q1 2023

Holdings as of Mar 31, 2023, filed May 12, 2023. Long positions only; changes compare share counts with Q4 2022.

Institution overview
Positions
98
−162 vs. Q4 2022
Portfolio value
$74.7M
−$22.7M (−23.3%) vs. Q4 2022
Filed
May 12, 2023
SEC
Holdings of Terrapin Asset Management, LLC in Q1 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
SCRMScreaming Eagle Acquisition Corp.CLASS A ORD SHS649,722$6.60M8.8%00.0%UnchangedHistory
Starz Entertainment Corp535919500CL B NON VTG543,826$5.64M7.6%+271,318+99.6%Added–
GOOGAlphabet Inc.Stock45,000$4.68M6.3%+45,000NewHistory
Bridgetown Holdings LtdG1355U113COM CL A400,700$4.04M5.4%−30,700−7.1%Reduced–
ALTUAltitude Acquisition Corp.COM CL A391,300$3.98M5.3%00.0%UnchangedHistory
SCUSculptor Capital Management, Inc.COM CL A392,938$3.38M4.5%+392,938NewHistory
CCIFCarlyle Credit Income FundSHS BEN INT310,133$3.04M4.1%+310,133NewHistory
FHNFirst Horizon CorpCOM147,800$2.63M3.5%+24,100+19.5%AddedHistory
VZVerizon Communications IncStock60,000$2.33M3.1%00.0%UnchangedHistory
Post Holdings Partnering Cor737465104COM SER A225,836$2.29M3.1%00.0%Unchanged–
SPBSpectrum Brands Holdings, Inc.COM33,100$2.19M2.9%+33,100NewHistory
CNDAConcord Acquisition Corp IICOM CL A210,777$2.14M2.9%00.0%UnchangedHistory
THCPThunder Bridge Capital Partners IV, Inc.CLASS A COM190,075$1.93M2.6%00.0%UnchangedHistory
EOCWElliott Opportunity II Corp.SHS CL A180,308$1.85M2.5%00.0%UnchangedHistory
HVBCHV Bancorp, Inc.COM57,582$1.73M2.3%+57,582NewHistory
Global Star Acquisition Inc.37962G201UNIT 07/15/2028130,641$1.37M1.8%−5,243−3.9%Reduced–
TRTLTortoiseEcofin Acquisition Corp. IIISHS CL A118,555$1.21M1.6%00.0%UnchangedHistory
Ef Hutton Acquisition Corp I28201D109COM115,000$1.18M1.6%+115,000New–
Feutune Light Acquisition Co31561T201UNIT 06/01/2029100,000$1.05M1.4%00.0%Unchanged–
ZTSZoetis Inc.Stock6,050$1.01M1.3%+6,050NewHistory
Logistics Innovtn Technlgs C54141L100CLASS A COM96,501$980.2K1.3%00.0%Unchanged–
HCNEJaws Hurricane Acquisition CorpCLASS A COM91,730$932.9K1.2%00.0%UnchangedHistory
Hudson Acquisition I Corp44364H209UNIT 05/10/202790,000$932.0K1.2%00.0%Unchanged–
Tenx Keane AcquisitionG8708L104ORD SHS75,000$777.4K1.0%00.0%Unchanged–
MOAltria Group, Inc.Stock14,000$624.7K0.8%00.0%UnchangedHistory
Monterey Cap Acquisition Cor61244M109CLASS A COM60,000$615.6K0.8%00.0%Unchanged–
NCL Corp Ltd62886HAX9NOTE 5.375% 8/0–$539.7K0.7%–––
Aquaron Acquisition Corp.03842W204UNIT 07/15/202650,000$532.5K0.7%00.0%Unchanged–
Qomolangma Acquisition Corp.74738V204UNIT 99/99/999950,500$529.0K0.7%00.0%Unchanged–
Alphatime Acquisition CorpG0223V113UNIT 03/01/202850,000$521.0K0.7%00.0%Unchanged–
ASCBFASPAC II Acquisition Corp.ORD SHS CL A50,000$520.0K0.7%00.0%UnchangedHistory
AEAEAltEnergy Acquisition CorpCOM CL A50,000$518.8K0.7%00.0%UnchangedHistory
Yotta Acquisition Corporatio98741Y103COMMON STOCK50,000$514.5K0.7%00.0%Unchanged–
Plutonian Acquisition Corp.72942P203UNIT 10/26/202745,000$471.1K0.6%00.0%Unchanged–
Tilray Inc88688TAB6NOTE 5.000%10/0–$443.2K0.6%–––
Power & Digital Infrastructu73919C100CLASS A COM43,121$442.0K0.6%00.0%Unchanged–
Cetus Cap Acquisition Corp15719Y204UNIT 01/30/202840,000$414.4K0.6%+40,000New–
Skydeck Acquisition Corp.G82220123CLASS A ORD SHS40,000$409.2K0.5%00.0%Unchanged–
B Riley Prin 250 Merger Corp05602L104CLASS A COM35,000$355.6K0.5%00.0%Unchanged–
Pono Cap Two Inc73245B206UNIT 07/31/202732,000$335.4K0.4%00.0%Unchanged–
MITAColiseum Acquisition Corp.CLASS A ORD SHS32,500$333.4K0.4%00.0%UnchangedHistory
Sculptor Acquisition Corp IG7T983103CL A COM30,950$323.1K0.4%00.0%Unchanged–
BFACBattery Future Acquisition Corp.CL A ORD SHS30,000$313.2K0.4%00.0%UnchangedHistory
Clean Earth Acquisitions Cor184493104CLASS A COM30,288$311.1K0.4%00.0%Unchanged–
Hainan Manaslu Acquistn CorpG4233U107ORDINARY SHARES29,939$309.6K0.4%00.0%Unchanged–
Bellevue Life SCNCS Aqstn Co079174207UNIT 02/09/202830,000$309.3K0.4%+30,000New–
Pono Cap Three IncG71704129UNIT 01/11/202830,000$307.8K0.4%+30,000New–
Embrace Change Acquisitn CorG3034H133UNIT 03/17/202729,000$304.5K0.4%00.0%Unchanged–
VATEINNOVATE Corp.COM95,955$285.0K0.4%00.0%UnchangedHistory
Broad Capital Acquisition Corp11125B201UNIT 01/10/202725,000$278.5K0.4%00.0%Unchanged–
Mobiv Acquisition Corp60742N205UNIT 07/31/202724,500$256.5K0.3%00.0%Unchanged–
Senior Connect Acquisitn Cor81723H207UNIT 12/09/202325,000$248.1K0.3%00.0%Unchanged–
Panacea Acquisition Corp. IIG6882C106CL A SHS24,000$245.4K0.3%00.0%Unchanged–
MTRYMonterey Innovation Acquisition CorpCOM22,600$241.5K0.3%00.0%UnchangedHistory
Aura Fat Projs Acquisition CG06362100CLASS A ORD21,800$227.6K0.3%00.0%Unchanged–
Corner Growth Acquisition Corp.G2425N121UNIT 01/01/202721,931$221.7K0.3%00.0%Unchanged–
MSSUFMetal Sky Star Acquisition CorpCOM20,000$212.8K0.3%00.0%UnchangedHistory
Jaws Juggernaut Acquisitn CoG50735128UNIT 06/17/202620,000$209.0K0.3%00.0%Unchanged–
KnightSwan Acquisition Corp499103109CL A COM20,000$208.2K0.3%00.0%Unchanged–
Mars Acquisition Corp.G5870E132UNIT 02/09/202820,000$207.2K0.3%+20,000New–
Corsair Partnering CorpG2540H108SHS CL A20,000$205.1K0.3%00.0%Unchanged–
Osiris Acquisition Corp.68829A202UNIT 99/99/999920,000$205.0K0.3%00.0%Unchanged–
APGBApollo Strategic Growth Capital IISHS CL A19,999$205.0K0.3%00.0%UnchangedHistory
FICVFrontier Investment CorpCLASS20,000$204.6K0.3%00.0%UnchangedHistory
FLDFold Holdings, Inc.COM CL A20,000$204.4K0.3%00.0%UnchangedHistory
Post Holdings Partnering Cor737465203UNIT 99/99/999920,000$204.2K0.3%00.0%Unchanged–
Tio Tech AG8T10C106CLASS A ORD SHS20,000$203.6K0.3%00.0%Unchanged–
Eg Acquisition Corp26846A100COM CL A20,000$203.6K0.3%00.0%Unchanged–
CVIIChurchill Capital Corp VIICOM CL A20,000$202.8K0.3%00.0%UnchangedHistory
Acropolis Infrastructure Acq005029103CL A20,000$202.6K0.3%00.0%Unchanged–
Colombier Acquisition Corp19533H108CL A20,000$202.6K0.3%00.0%Unchanged–
Zimmer Energy Transition Acq989570106COM CL A20,000$202.6K0.3%00.0%Unchanged–
Trailblazer Merger Corp I89278D208UNIT 04/21/202820,000$201.8K0.3%+20,000New–
Golden Arrow Merger Corp380799205UNIT 07/31/202620,000$192.8K0.3%00.0%Unchanged–
Four Leaf Acquisition Corp35088F206UNIT 03/15/202817,500$179.4K0.2%+17,500New–
Eve Mobility Acquisition CorG3218G125UNIT 99/99/999915,000$156.9K0.2%00.0%Unchanged–
Galata Acquisition CorpG3R23A108SHS CL A14,979$155.6K0.2%00.0%Unchanged–
CCVIChurchill Capital Corp VICOM CL A15,000$151.7K0.2%00.0%UnchangedHistory
TMT Acquisition Corp.G89229101UNIT 03/27/202810,496$107.1K0.1%+10,496New–
Tenx Keane AcquisitionG8708L112RIGHT 06/30/202875,000$18.4K<0.1%00.0%Unchanged–
Ef Hutton Acquisition Corp I28201D125RIGHT 11/18/2027115,000$18.3K<0.1%+115,000New–
Mountain Crest Acqusitn CRP62403K116RIGHT 06/29/202642,500$8.07K<0.1%00.0%Unchanged–
Ef Hutton Acquisition Corp I28201D117*W EXP 11/18/202115,000$6.14K<0.1%+115,000New–
ASPAC I Acquisition Corp.G0542S114RIGHT 12/09/202630,000$5.03K<0.1%00.0%Unchanged–
ASCRFASPAC II Acquisition Corp.RIGHT 10/15/202650,000$4.56K<0.1%00.0%UnchangedHistory
AEAEWAltEnergy Acquisition Corp*W EXP 10/29/20225,000$2.00K<0.1%00.0%UnchangedHistory
Coliseum Acquisition Corp.G2263T107*W EXP 08/22/20210,833$1.57K<0.1%00.0%Unchanged–
Battery Future Acquisition CG0888J124*W EXP 99/99/99915,000$1.41K<0.1%00.0%Unchanged–
ASPAC I Acquisition Corp.G0542S130*W EXP 05/21/20222,500$1.35K<0.1%00.0%Unchanged–
Power & Digital Infrastructu73919C118*W EXP 12/09/20210,400$1.25K<0.1%00.0%Unchanged–
Logistics Innovtn Technlgs C54141L118*W EXP 06/15/20210,000$1.15K<0.1%00.0%Unchanged–
FLDDWFold Holdings, Inc.*W EXP 10/19/20210,000$1.05K<0.1%00.0%UnchangedHistory
Malacca Straits Acquisition Co LtdG5859B109*W EXP 99/99/99912,466$997<0.1%00.0%Unchanged–
Aura Fat Projs Acquisition CG06362126*W EXP 03/31/20221,800$927<0.1%00.0%Unchanged–
ASCWFASPAC II Acquisition Corp.*W EXP 10/15/20225,000$813<0.1%00.0%UnchangedHistory
B Riley Prin 250 Merger Corp05602L112*W EXP 04/01/20211,666$773<0.1%00.0%Unchanged–
Monterey Bio Acquisition Cor61240F116*W EXP 10/05/20222,600$644<0.1%00.0%Unchanged–
Skydeck Acquisition Corp.G82220115*W EXP 05/13/20213,333$433<0.1%00.0%Unchanged–

Options (2)

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

Option positions of Terrapin Asset Management, LLC in Q1 2023
SecurityClassPutsCalls
VZVerizon Communications IncStock$1.56M–
MOAltria Group, Inc.Stock$624.7K–

Sold out since Q4 2022 (178)

Positions held at the end of Q4 2022 that are gone from this filing.

The largest 100 of 178 by value last quarter.

Positions of Terrapin Asset Management, LLC sold out since Q4 2022
SecurityClassShares in Q4 2022Value in Q4 2022% of portfolio in Q4 2022History
Professional Hldg Corp743139107CL A COM251,518$6.98M7.2%–
PCSBPCSB Financial CorpCOM225,064$4.29M4.4%History
State Street Energy Select Sector SPDR ETF81369Y506ETF44,000$3.85M4.0%–
Far Peak Acquisition CorpG3312L103SHS CL A376,803$3.78M3.9%–
DCRDDecarbonization Plus Acquisition Corp IVCOM CL A169,296$1.73M1.8%History
ARYDARYA Sciences Acquisition Corp IVCL A166,647$1.68M1.7%History
Ef Hutton Acquisition Corp I28201D208UNIT 11/18/2027115,000$1.16M1.2%–
Churchill Capital Corp V17144T107COM CL A107,300$1.07M1.1%–
IG Acquisition Corp.449534106COM CL A102,431$1.03M1.1%–
Acri Capital Acquisition Cor00501A200UNIT 02/01/202976,532$780.6K0.8%–
Global Partner Acqistn CorpG3934P110UNIT 01/06/202648,418$488.5K0.5%–
SVF Investment Corp.G8601L102CL A SHS47,837$483.6K0.5%–
Pontem CorporationG71707106SHS CL A45,000$454.9K0.5%–
RBARB Global Inc.COM7,000$404.8K0.4%History
Pioneer Merger Corp.G7S24C103CL A SHS39,056$396.0K0.4%–
Digital Transformatn Opt Cor25401K107CLASS A COM39,000$391.8K0.4%–
Quantum Fintech Acquistin Co74767A105COMMON STOCK36,739$369.2K0.4%–
GSR II Meteora Acquisitn Cor36263W105CLASS A COM33,500$338.8K0.3%–
ATVIActivision Blizzard, Inc.COM4,200$321.5K0.3%History
ASPAC I Acquisition Corp.G0542S106CLASS A ORD SHS30,000$306.0K0.3%–
Redwoods Acquisition Corp758083109COM30,000$304.1K0.3%–
TZP Strategies Acquistn CorpG91595101CL A SHS30,000$303.2K0.3%–
CC Neuberger Principal HoldnG1992N118UNIT 99/99/999930,000$303.0K0.3%–
Blueriver Acquisition CorpG1261Q107SHS CL A30,000$302.7K0.3%–
Goal Acquisitions Corp38021H206UNIT 99/99/999930,000$302.1K0.3%–
Marlin Technology Corp.G58411128UNIT 99/99/999930,000$302.1K0.3%–
SOCSable Offshore Corp.COM CL A30,000$301.5K0.3%History
Summit Healthcre Acquistn CoG8566R102CLASS A ORD SHS29,916$299.9K0.3%–
Mason Industrial Technolgy I57520Y106COM CL A29,800$297.9K0.3%–
Tailwind Internatnal Acq CorG8662F101COM CL A29,397$296.6K0.3%–
CHAACatcha Investment CorpSHS CL A29,050$293.1K0.3%History
TB SA Acquisition CorpG8657L105CLASS A ORD SHS27,600$278.2K0.3%–
Arctos Northstar Acquis CorpG0477L100SHS CL A26,861$271.0K0.3%–
OCA Acquisition Corp.670865203UNIT 01/14/202624,712$265.8K0.3%–
Alliance Entertainment Holding Corp00653H102COM CL A25,000$254.5K0.3%–
ABGIABG Acquisition Corp. ICL A SHS25,100$253.3K0.3%History
LHCLeo Holdings Corp. IICOM CL A25,000$252.3K0.3%History
POWRUPowered BrandsUNIT 99/99/999925,000$252.3K0.3%History
Sustainable Develp Acqu I Co86934L103COM CL A25,049$252.0K0.3%–
Ares Acquisition CorporationG33032106COM CL A25,000$251.8K0.3%–
FZTFAST Acquisition Corp. IICL A25,000$250.3K0.3%History
MACAMoringa Acquisition CorpCL A SHS24,762$249.4K0.3%History
FSRXFinserv Acquisition Corp. IICOM CL A24,600$247.2K0.3%History
JWSMFJaws Mustang Acquisition CorpSHS CL A23,900$241.5K0.2%History
Deep Lake Capital Acqustn CoG27029100CL A SHS23,648$238.6K0.2%–
Kernel Group Holdings, Inc.G5259L111UNIT 99/99/999922,900$231.3K0.2%–
Colonnade Acquisition Corp IG2284B101SHS CL A22,500$226.6K0.2%–
Kadem Sustainable Impact Cor48284E204UNIT 03/17/202622,000$220.9K0.2%–
Noble Rock Acquisition CorpG6546R127UNIT 01/31/202821,159$213.7K0.2%–
Nocturne Acquisition CorpG6580S122UNIT 02/25/202620,000$210.4K0.2%–
Stratim Cloud Acquisition Corp.86309R206UNIT 03/05/202620,000$210.1K0.2%–
CSTAFConstellation Acquisition Corp ISHS CL A20,265$204.9K0.2%History
Globalink Invt Inc37892F109COM20,000$204.0K0.2%–
IGTAInception Growth Acquisition LtdCOMMON STOCK20,000$203.0K0.2%History
North Atlantic Acquisitn CorG66139109CL A SHS20,000$202.2K0.2%–
New Vista Acquisition CorpG6529L105CL A SHS20,000$201.9K0.2%–
DISADisruptive Acquisition Corp ICLASS A ORD SHS20,000$201.6K0.2%History
Kairos Acquisition Corp.G52110122UNIT 99/99/999920,000$201.3K0.2%–
Plum Acquisition Corp IG7134L100UNIT 03/15/202620,000$201.2K0.2%–
Twelve Seas Investment Co. II90118T205UNIT 99/99/999920,000$201.0K0.2%–
AEONAEON Biopharma, Inc.CL A19,997$201.0K0.2%History
Envoy Medical, Inc.03737A101COM CL A20,000$200.4K0.2%–
Lazard Growth Acquisition CoG54035129UNIT 99/99/999919,828$199.9K0.2%–
SCOBScION Tech Growth IICL A SHS19,598$198.3K0.2%History
Fortress Capital Acquisition CorpG36427113UNIT 99/99/999920,000$198.0K0.2%–
Itiquira Acquisition CorpG49773107CL A SHS19,589$197.7K0.2%–
Forum Merger IV Corp349875203UNIT 03/15/202819,453$195.2K0.2%–
SLAMSlam Corp.CL A SHS19,133$193.4K0.2%History
Supernova Partn Acq Co III LG8T90F110UNIT 99/99/999919,189$193.4K0.2%–
Ibere PharmaceuticalsG46843127UNIT 99/99/999918,510$186.0K0.2%–
Byte Acquisition CorpG1R25Q121UNIT 03/18/202918,400$185.3K0.2%–
Newbury Street Acquisitn Cor65101L104COM15,514$155.3K0.2%–
Agile Growth Corp.G01202129UNIT 03/09/202615,000$154.6K0.2%–
Lazard Growth Acquisition CoG54035103SHS15,172$153.2K0.2%–
HHLAHH&L Acquisition Co.SHS CL A15,131$153.0K0.2%History
Corazon Capital V838 MonocerG24237110UNIT 03/24/202615,100$152.4K0.2%–
Rocket Internet GRWT Oprt CoG7613T111UNIT 99/99/999915,000$151.1K0.2%–
Medicus Sciences AcquisitionG5960S108CL A SHS15,000$151.1K0.2%–
Inflection Point Acqustn CorG47874121CLASS A ORD15,000$150.0K0.2%–
Authentic Equity Acquistn CoG06607116UNIT 10/31/202714,800$149.5K0.2%–
Peridot Acquisition Corp. IIG7008B113UNIT 99/99/999914,331$144.7K0.1%–
UHGUnited Homes Group, Inc.CL A13,070$131.4K0.1%History
AEACAuthentic Equity Acquisition Corp.CL A SHS10,200$103.1K0.1%History
Build Acquisition Corp12008J204UNIT 99/99/999910,110$101.2K0.1%–
KAIIQuadro Acquisition One Corp.CL A SHS10,000$100.9K0.1%History
KIIIKismet Acquisition Three Corp.CL A SHARES10,000$100.5K0.1%History
GX Acquisition Corp II36260F105CLASS A COM9,423$94.3K0.1%–
Sustainable Develp Acqu I Co86934L202UNIT 02/04/20268,751$88.0K0.1%–
HZONHorizon Acquisition Corp IISHS CL A8,200$81.1K0.1%History
BCSABlockchain Coinvestors Acquisition Corp. ICLASS A ORD7,088$72.8K0.1%History
Greencity Acquisition CorpG4086B115UNIT 04/30/20266,600$70.4K0.1%–
Diamondhead Holdings Corp25278L204UNIT 01/21/20266,930$69.6K0.1%–
Tevogen Inc.G8028L123UNIT 11/04/20265,000$54.0K0.1%–
CBGGFChain Bridge IUNIT 03/31/20265,000$53.8K0.1%History
BioPlus Acquisition Corp.G11217109UNIT 12/02/20265,000$53.6K0.1%–
LAMF Global Ventures Corp. IG5338L116UNIT 11/05/20265,000$53.6K0.1%–
Rigel Resource Acq CorpG7573M122UNIT 99/99/99995,000$51.6K0.1%–
Andretti Acquisition CorpG26735111UNIT 99/99/99995,000$51.5K0.1%–
Enterprise 4.0 Tec Acqstn CoG3137C122UNIT 10/14/20265,000$51.5K0.1%–
7 Acquisition CorpG80694121UNIT 11/05/20265,000$51.5K0.1%–