Owl Creek Asset Management, L.P. 13F annual report

Owl Creek Asset Management, L.P. is an investment fund managing more than $1.23 trillion ran by Dan Sapadin. There are currently 81 companies in Mr. Sapadin’s portfolio. The largest investments include Anterix and PG&E, together worth $327 billion.

Limited to 30 biggest holdings

$1.23 trillion Assets Under Management (AUM)

As of 7th August 2023, Owl Creek Asset Management, L.P.’s top holding is 5,411,776 shares of Anterix currently worth over $171 billion and making up 13.9% of the portfolio value. Relative to the number of outstanding shares of Anterix, Owl Creek Asset Management, L.P. owns less than 0.3% of the company. In addition, the fund holds 9,027,536 shares of PG&E worth $156 billion, whose value grew 11.8% in the past six months. The third-largest holding is Constellation Energy Corp worth $74.2 billion and the next is Uber Technologies Inc worth $65.7 billion, with 1,522,040 shares owned.

Currently, Owl Creek Asset Management, L.P.'s portfolio is worth at least $1.23 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Owl Creek Asset Management, L.P.

The Owl Creek Asset Management, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Dan Sapadin serves as the COO at Owl Creek Asset Management, L.P..

Recent trades

In the most recent 13F filing, Owl Creek Asset Management, L.P. revealed that it had opened a new position in Bank America Corp and bought 1,937,820 shares worth $55.6 billion.

The investment fund also strengthened its position in Constellation Energy Corp by buying 392,564 additional shares. This makes their stake in Constellation Energy Corp total 810,630 shares worth $74.2 billion.

On the other hand, there are companies that Owl Creek Asset Management, L.P. is getting rid of from its portfolio. Owl Creek Asset Management, L.P. closed its position in Las Vegas Sands Corp on 14th August 2023. It sold the previously owned 1,121,482 shares for $37.7 million. Dan Sapadin also disclosed a decreased stake in PG&E by 0.3%. This leaves the value of the investment at $156 billion and 9,027,536 shares.

One of the largest hedge funds

The two most similar investment funds to Owl Creek Asset Management, L.P. are North Star Investment Management and Prescott General Partners. They manage $1.23 trillion and $1.23 trillion respectively.

Dan Sapadin investment strategy

Owl Creek Asset Management, L.P.’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Communication Services — making up 13.9% of the total portfolio value. The fund focuses on investments in the United States as 21.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 9% of the total holdings value. On the other hand, small-cap stocks make up only 6.2% of the portfolio. The average market cap of the portfolio companies is close to $39.7 billion.

The complete list of Owl Creek Asset Management, L.P. trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Anterix Inc.	No change 5,411,776	$171,499,181,000	13.92%
PG&E Corp.	33.50% 9,027,536	$155,995,822,000	12.66%
Constellation Energy Corp	93.90% 810,630	$74,213,177,000	6.02%
Uber Technologies Inc	73.19% 1,522,040	$65,706,467,000	5.33%
Bank America Corp	Opened 1,937,820	$55,596,056,000	4.51%
Meta Platforms Inc	33.52% 184,881	$53,057,149,000	4.31%
Amazon.com Inc.	Opened 399,261	$52,047,664,000	4.22%
Spirit Aerosystems Holdings Inc	Opened 1,696,078	$49,508,517,000	4.02%
Alibaba Group Hldg Ltd	601.72% 465,488	$38,798,425,000	3.15%
Spectrum Brands Hldgs Inc Ne	107.26% 450,239	$35,141,154,000	2.85%
EQT Corp	Opened 798,294	$32,833,832,000	2.66%
Wells Fargo Co New	Opened 734,563	$31,351,149,000	2.54%
Brunswick Corp.	1,656.10% 337,083	$29,204,871,000	2.37%
First Horizon Corporation	Opened 2,574,881	$29,018,909,000	2.35%
Lithia Mtrs Inc	Opened 92,863	$28,240,567,000	2.29%
Aerojet Rocketdyne Holdings Inc	34.96% 491,594	$26,973,763,000	2.19%
T-Mobile US, Inc.	73.98% 191,927	$26,658,660,000	2.16%
Tenet Healthcare Corp.	66.72% 325,290	$26,472,100,000	2.15%
Cano Health Inc	33.16% 11,395,809	$15,840,175,000	1.29%
Goodyear Tire & Rubr Co	Opened 1,063,455	$14,548,064,000	1.18%
Lyft Inc	Opened 1,085,825	$10,413,062,000	0.84%
GSK Plc	Opened 285,559	$10,177,323,000	0.83%
Microvast Holdings Inc	585.67% 6,171,012	$9,873,619,000	0.80%
TLG Acquisition One Corp.	191.51% 790,000	$8,354,250,000	0.68%
Kernel Group Holdings Inc	Opened 677,500	$7,106,975,000	0.58%
Leo Hldgs Corp Ii	18.27% 613,358	$6,532,263,000	0.53%
Northern Revival Acquisition	165.93% 601,000	$6,320,597,000	0.51%
Viscogliosi Bros Acquistn Co	No change 600,000	$6,317,040,000	0.51%
OCA Acquisition Corp.	Opened 600,000	$6,288,000,000	0.51%
LF Capital Acquisition Corp.	165.00% 530,000	$5,660,400,000	0.46%
Cf Acquisition Corp Viii	No change 500,000	$5,385,000,000	0.44%
26 Capital Acquisition Corp.	Opened 500,000	$5,380,000,000	0.44%
Constellation Acquisitn Corp	270.37% 500,000	$5,290,000,000	0.43%
Kairous Acquisition Corp Ltd	Opened 475,000	$5,225,000,000	0.42%
Newbury Street Acquisitn Cor	Opened 500,000	$5,190,000,000	0.42%
Data Knights Acquisition Cor	Opened 465,000	$5,063,850,000	0.41%
Winvest Acquisition Corp	Opened 450,000	$4,837,500,000	0.39%
Gsr Ii Meteora Acquisitn Cor	Opened 438,400	$4,592,021,000	0.37%
African Gold Acquisition Cor	54.39% 433,280	$4,568,938,000	0.37%
Bite Acquisition Corp	No change 425,000	$4,390,250,000	0.36%
Infint Acquisition Corp	Opened 400,000	$4,312,000,000	0.35%
Catcha Investment Corp	166.67% 400,000	$4,192,000,000	0.34%
Screaming Eagle Acquisitn Co	92.00% 400,000	$4,128,000,000	0.33%
Adit EdTech Acquisition Corp.	Opened 389,603	$4,114,208,000	0.33%
Ace Global Business Acqu Ltd	Opened 350,000	$3,923,500,000	0.32%
Clover Leaf Capital Corp	Opened 323,924	$3,708,930,000	0.30%
Quadro Acquisition One Corp	Opened 350,000	$3,661,000,000	0.30%
Minority Equality Opportunit	Opened 310,000	$3,382,100,000	0.27%
Galata Acquisition Corp	No change 300,000	$3,177,000,000	0.26%
Seaport Global Acquisition I	130.77% 300,000	$3,123,000,000	0.25%
Williams Rowland Acquisition Corp.	494.00% 297,000	$3,079,890,000	0.25%
Community Health Sys Inc New	51.08% 690,184	$3,036,810,000	0.25%
Abri Spac I Inc	Opened 270,000	$2,886,300,000	0.23%
Tradeup Acquisition Corp	Opened 255,000	$2,764,200,000	0.22%
Perception Capital Corp Ii	Opened 239,323	$2,680,418,000	0.22%
Bannix Acquisition Corp	Opened 250,000	$2,612,500,000	0.21%
Roth Ch Acquisition V Co	500.00% 240,000	$2,481,600,000	0.20%
Mountain Crest Acqusitn Crp	Opened 232,174	$2,440,149,000	0.20%
Slam Corp	69.14% 214,000	$2,274,820,000	0.18%
Gardiner Healthcare Acqts Co	Opened 213,125	$2,269,781,000	0.18%
Genesis Unicorn Capital Corp	Opened 205,000	$2,211,930,000	0.18%
Technology & Telecom Acq Cor	Opened 200,000	$2,190,000,000	0.18%
Innovative Intl Acqusitin Co	Opened 200,000	$2,180,000,000	0.18%
Goldenstone Acquisition Ltd	Opened 200,000	$2,124,000,000	0.17%
Omnilit Acquisition Corp	Opened 200,000	$2,084,000,000	0.17%
Oxbridge Acquisition Corp	Opened 166,000	$1,804,420,000	0.15%
Goal Acquisitions Corp	Opened 171,190	$1,776,952,000	0.14%
Monterey Innovation Acqui Co	Opened 150,000	$1,638,000,000	0.13%
Arogo Capital Acquisition Co	Opened 154,300	$1,623,236,000	0.13%
L Catterton Asia Acquisition	No change 150,000	$1,569,000,000	0.13%
Tlgy Acquisition Corporation	33.33% 140,000	$1,506,400,000	0.12%
Prime No Acquisition I Corp	Opened 125,077	$1,319,562,000	0.11%
Velo3d Inc	39.40% 606,000	$1,308,960,000	0.11%
Fintech Ecosystem Deve	Opened 112,804	$1,191,210,000	0.10%
Integrated Wellness Acq Corp	Opened 80,000	$856,800,000	0.07%
Ross Acquisition Corp Ii	No change 69,999	$740,582,000	0.06%
Viveon Health Acquisition Co	Opened 61,680	$679,097,000	0.06%
Kore Group Hldgs Inc	No change 450,000	$549,000,000	0.04%
Dmy Squared Technology Group	Opened 47,271	$485,520,000	0.04%
Achari Ventures Hldgs Corp I	Opened 40,575	$436,587,000	0.04%
Movella Holdings Inc	Opened 65,810	$140,175,000	0.01%
Las Vegas Sands Corp	Closed 1,121,482	$37,671,000
AES Corp.	Closed 1,760,508	$36,988,000
Jaws Mustang Acquisition Cor	Closed 2,375,000	$23,346,000
Rmg Acquisition Corp Iii	Closed 1,700,000	$16,711,000
Concrete Pumping Holdings, Inc.	Closed 2,754,944	$16,695,000
Churchill Capital Corp VII	Closed 1,600,000	$15,632,000
Sierra Lake Acquisition Corp	Closed 1,470,000	$14,582,000
Gores Holdings Ix Inc	Closed 1,500,000	$14,445,000
Charter Communications Inc N	Closed 27,884	$13,064,000
Glenfarne Merger Corp	Closed 1,329,996	$12,954,000
Comcast Corp New	Closed 308,302	$12,098,000
Enphys Acquisition Corp.	Closed 1,225,000	$11,796,000
Disney Walt Co	Closed 118,704	$11,206,000
Ares Acquisition Corporation	Closed 1,035,000	$10,175,000
Good Wks Ii Acquisition Corp	Closed 1,000,000	$9,910,000
10x Cap Venture Acqstn Corp	Closed 979,998	$9,712,000
Elliott Opportunity Ii Corp	Closed 985,243	$9,577,000
Jaws Juggernaut Acquisitn Co	Closed 766,700	$7,460,000
Pathfinder Acquisition Corp	Closed 750,000	$7,358,000
Ciig Capital Partners Ii Inc	Closed 740,000	$7,318,000
Executive Network Partnering	Closed 702,700	$7,020,000
RedBall Acquisition Corp.	Closed 629,400	$6,269,000
Jaws Hurricane Acquisitn Cor	Closed 645,490	$6,267,000
Disruptive Acquisition Corp	Closed 632,185	$6,189,000
Humanco Acquisition Corp	Closed 617,606	$6,077,000
Legato Merger Corp Ii	Closed 600,000	$5,952,000
Property Solutions Acquisiti	Closed 600,000	$5,874,000
Big Sky Growth Partners Inc	Closed 600,000	$5,844,000
Equitable Holdings, Inc.	Closed 217,727	$5,676,000
G3 Vrm Acquisition Corp	Closed 550,000	$5,586,000
Gores Holdings Vii Inc	Closed 549,000	$5,375,000
Tech And Energy Transition	Closed 549,999	$5,374,000
Osiris Acquisition Corp	Closed 550,000	$5,374,000
Apollo Strategic Grwt Cptl I	Closed 541,000	$5,318,000
Tzp Strategies Acquistn Corp	Closed 499,999	$4,920,000
Advanced Merger Partners Inc	Closed 501,924	$4,909,000
The Music Acquisition Corp	Closed 500,000	$4,900,000
Sandbridge X2 Corp	Closed 499,998	$4,875,000
Twelve Seas Investment Co Ii	Closed 474,999	$4,641,000
Pine Technology Acquisitn Co	Closed 450,000	$4,397,000
Powered Brands	Closed 426,800	$4,204,000
Kkr Acquisition Holding I Co	Closed 406,453	$3,979,000
Roth Ch Acquisition Iv Co	Closed 400,000	$3,972,000
Marlin Technology Corporation	Closed 399,999	$3,948,000
Belong Acquisition Corp	Closed 400,000	$3,924,000
Af Acquisition Corp	Closed 399,996	$3,900,000
B Riley Prin 250 Merger Corp	Closed 350,000	$3,402,000
Forum Merger Iv Corp	Closed 342,438	$3,345,000
Jupiter Wellness Acquisition	Closed 335,000	$3,333,000
JATT Acquisition Corp	Closed 300,000	$2,986,000
Motive Capital Corp II	Closed 300,000	$2,967,000
Periphas Capital Partnering Corp	Closed 120,000	$2,942,000
Dmy Technology Group Inc Vi	Closed 300,000	$2,934,000
Cc Neuberger Principal Holdn	Closed 295,000	$2,903,000
Progress Acquisition Corp	Closed 257,300	$2,542,000
Chenghe Acquisition Co	Closed 252,519	$2,525,000
Plum Acquisition Corp I	Closed 254,400	$2,493,000
Mountain Crest Acqsitn Corp	Closed 250,000	$2,462,000
Cartesian Growth Corp Ii	Closed 244,500	$2,445,000
Kismet Acquisition Three Cor	Closed 247,698	$2,425,000
Cleantech Acquisition Corp	Closed 234,000	$2,356,000
Warrior Technologies Acqui C	Closed 225,000	$2,237,000
Mountain Crest Acqstn Corp I	Closed 225,000	$2,225,000
Thunder Bridge Cap Prtnrs Ii	Closed 220,000	$2,158,000
Scp & Co Healthcare Acqustn	Closed 216,000	$2,123,000
Rxr Acquisition Corp	Closed 214,656	$2,102,000
Gladstone Acquisition Corp	Closed 200,000	$2,018,000
Spk Aquisition Corp	Closed 200,000	$2,000,000
Mdh Acquisition Corp	Closed 201,000	$1,976,000
Aequi Acquisition Corp	Closed 199,999	$1,976,000
Worldwide Webb Acquisition C	Closed 200,000	$1,968,000
Vector Acquisition Corp Ii	Closed 200,000	$1,962,000
Gaming & Hospitality Acqu Co	Closed 199,998	$1,960,000
Fortress Value Acquisi Corp	Closed 200,000	$1,954,000
Accelerate Acquisition Corp	Closed 199,998	$1,952,000
Bleuacacia Ltd	Closed 200,000	$1,948,000
Arya Sciences Acquisitn Corp	Closed 200,000	$1,944,000
Faraday Futre Intlgt Elctr I	Closed 800,000	$1,846,000
Lazard Growth Acquisition Co	Closed 182,895	$1,792,000
Crypto 1 Acquisition Corp	Closed 155,000	$1,536,000
Oyster Enterprises Acq Corp	Closed 150,000	$1,472,000
InterPrivate II Acquisition Corp.	Closed 150,000	$1,469,000
Atlantic Coastal Acquistn Co	Closed 150,000	$1,467,000
Gores Hldgs Viii Inc	Closed 140,696	$1,386,000
Arisz Acquisition Corp	Closed 140,000	$1,385,000
Goldenbridge Acquisition Ltd	Closed 125,000	$1,268,000
Group Nine Acquisition Corp.	Closed 119,997	$1,180,000
Pontem Corporation	Closed 117,003	$1,152,000
Team, Inc.	Closed 1,452,928	$1,080,000
Twin Ridge Capital Acquis Co	Closed 103,599	$1,016,000
Golden Path Acquisition Corporation	Closed 100,000	$1,011,000
E Merge Technology Acquisiti	Closed 101,000	$1,009,000
East Res Acquisition Co	Closed 101,000	$1,008,000
Games & Esports Exprnc Acq C	Closed 100,000	$1,003,000
Software Acquisitn Grp Inc I	Closed 100,000	$1,000,000
Marblegate Acquisition Corp	Closed 100,000	$988,000
KL Acquisition Corp	Closed 99,999	$984,000
Churchill Capital Corp V	Closed 100,000	$983,000
Churchill Capital Corp VI	Closed 100,000	$979,000
Gores Technology Partners Ii	Closed 99,802	$976,000
Digital Transformatn Opt Cor	Closed 97,900	$957,000
Edify Acquisition Corp.	Closed 97,702	$957,000
Gores Technology Partners In	Closed 78,000	$763,000
Rice Acquisition Corp. II	Closed 65,000	$634,000
Quantum Fintech Acquistin Co	Closed 60,000	$590,000
Atlantic Ave Acquisition Cor	Closed 50,000	$496,000
Anzu Special Acquisitin Corp	Closed 49,998	$490,000
Empowerment & Inclusion Capi	Closed 40,000	$394,000
Cova Acquisition Corp	Closed 40,000	$393,000
Mason Industrial Technolgy I	Closed 39,999	$391,000
Evo Acquisition Corp	Closed 35,000	$342,000
Fintech Acquisition Corp Vi	Closed 33,400	$328,000
Hudson Executive Inves Iii	Closed 30,000	$294,000
Astrea Acquisition Corp	Closed 30,000	$293,000
Flame Acquisition Corp	Closed 29,860	$292,000
Clarim Acquisition Corp	Closed 24,999	$245,000
Priveterra Acquisition Corp	Closed 24,999	$245,000
Shapeways Holdings Inc	Closed 200,000	$234,000
North Atlantic Acquisitn Cor	Closed 20,000	$197,000
Z-work Acquisition Corp	Closed 19,998	$197,000
G Squared Ascend I Inc.	Closed 19,998	$196,000
Colicity Inc	Closed 20,000	$196,000
VectoIQ Acquisition Corp. II	Closed 20,000	$196,000
Hh&l Acquisition Co	Closed 20,000	$196,000
Atlas Crest Investment Corp.	Closed 20,000	$196,000
Magnum Opus Acquisition Ltd	Closed 16,800	$164,000
One Equity Partners Open Wtr	Closed 15,000	$147,000
Diamondhead Holdings Corp	Closed 12,500	$123,000
Science Strategic Acq Alpha	Closed 12,498	$123,000
Fortistar Sustainable Sol Co	Closed 10,000	$98,000
Pivotal Investment Corp Iii	Closed 10,000	$98,000
Cipher Mining Inc	Closed 37,500	$43,000
Nrx Pharmaceuticals Inc	Closed 50,000	$30,000
Glory Star New Med Gp Hldg L	Closed 33,105	$29,000
No transactions found
Showing first 500 out of 215 holdings