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