SEC 13F Intelligence

Managers / Q2 2020 · view latest →

FIR TREE CAPITAL MANAGEMENT LP

CIK 0001056491 · 500 FIFTH AVENUE, 9TH FLOOR, NEW YORK, NY, 10110 · 2123983500

Reported Value
$1.3B
Q2 2020
Positions
72
includes revealed positions
Filings on Record
29
2019–present window
Filed
Aug 18, 2020
amendment (RESTATEMENT)

Summary

Fir Tree Capital Management LP reported $1.3B in U.S.-listed holdings across 72 positions for Q2 2020.

Its largest position, EIX, represents 10.7% of the portfolio.

Compared with Q1 2020, the fund opened 35 new positions and exited 39.

Portfolio Metrics

Turnover
+39.0%
vs prior filed quarter
Top-10 Concentration
+52.9%
share of reported value
Largest Position
+10.7%
Edison Intl
New / Exited
35 / 39
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.4BQ4 ’18Q1 ’19: $1.2BQ2 ’19: $999MQ3 ’19: $1.0BQ4 ’19: $1.0BQ4 ’19Q1 ’20: $1.1BQ2 ’20: $1.3BQ3 ’20: $2.0BQ4 ’20: $2.1BQ4 ’20Q1 ’21: $2.5BQ2 ’21: $2.7BQ3 ’21: $3.0BQ4 ’21: $3.7BQ4 ’21Q1 ’22: $3.6BQ2 ’22: $3.2BQ3 ’22: $3.0BQ4 ’22: $1.9BQ4 ’22Q1 ’23: $1.3BQ2 ’23: $1.1BQ3 ’23: $957MQ4 ’23: $605MQ4 ’23Q1 ’24: $414MQ2 ’24: $190MQ3 ’24: $210MQ4 ’24: $114MQ4 ’24Q1 ’25: $5MQ2 ’25: $22Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 69.0%Other: 16.9%ADR: 6.3%US DOMESTIC: 2.7%PRIV PLACEMENT: 1.9%Other: 3.1%
  • Common Stock · 69.0% · $889M
  • Other · 16.9% · $218M
  • ADR · 6.3% · $81M
  • US DOMESTIC · 2.7% · $35M
  • PRIV PLACEMENT · 1.9% · $24M
  • Other · 3.1% · $40M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EIXEDISON INTLNEW+2.53M2.53M+$138M$138M
LYVLIVE NATION ENTERTAINMENT INNEW+1.64M1.64M+$72M$72M
EXPEEXPEDIA GROUP INCNEW+690.9K690.9K+$57M$57M
RTXRAYTHEON TECHNOLOGIES CORPNEW+770.7K770.7K+$47M$47M
JECUSDJACOBS ENGR GROUP INCNEW+445.5K445.5K+$38M$38M
LIBERTY MEDIA CORP DELREVEALEDNEW+22.50M22.50M+$24M$24M
VONAGE HLDGS CORPREVEALEDNEW+20.96M20.96M+$20M$20M
FOLEY TRASIMENE ACQUISTN CORNEW+1.80M1.80M+$19M$19M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2020REVEALED

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EIXEDISON INTLhistory →COM10.70%$138M2.53M
2SLMSLM CORPhistory →COM6.77%$87M12.39M
3DELLDELL TECHNOLOGIES INChistory →CL C5.96%$77M1.40M
4LYVLIVE NATION ENTERTAINMENT INhistory →COM5.63%$72M1.64M
5CMCSACOMCAST CORP NEWhistory →CL A4.97%$64M1.64M
6TMUST-MOBILE US INChistory →COM4.42%$57M545.8K
7EXPEEXPEDIA GROUP INChistory →COM NEW4.41%$57M690.9K
8RTXRAYTHEON TECHNOLOGIES CORPhistory →COM3.69%$47M770.7K
9PEOEXELON CORPhistory →COM3.31%$43M1.17M
10CNCCENTENE CORP DELhistory →COM3.08%$40M623.0K
11JECUSDJACOBS ENGR GROUP INChistory →COM2.93%$38M445.5K
12CTXSEURCITRIX SYS INChistory →COM2.59%$33M225.6K
13MSFTMICROSOFT CORPhistory →COM2.33%$30M147.6K
14LIBERTY MEDIA CORP DELREVEALEDNOTE 1.000% 1/31.90%$24M22.50M
15VONAGE HLDGS CORPREVEALEDNOTE 1.750% 6/01.52%$20M20.96M
16FOLEY TRASIMENE ACQUISTN CORUNIT 99/99/99991.49%$19M1.80M
17ELVANTHEM INChistory →COM1.49%$19M72.9K
18JAWS ACQUISITION CORPUNIT 99/99/99991.46%$19M1.80M
19SPARTAN ENERGY ACQUISITION CCL A COM STK1.30%$17M1.56M
20VANECK VECTORS ETF TRHIGH YLD MUN ETF1.26%$16M273.8K
21CC NEUBERGER PRINCIPAL HLDNGCOM1.23%$16M1.57M
22PLURALSIGHT INCREVEALEDNOTE 0.375% 3/01.22%$16M18.00M
23TUSCAN HLDGS CORP IICOM1.01%$13M1.30M
24AMPYAMPLIFY ENERGY CORP NEWhistory →COM1.00%$13M10.42M
25SABRSABRE CORPhistory →COM0.98%$13M1.57M
26TRINE ACQUISITION CORPCOM CL A0.95%$12M1.18M
27GIX1EURGIGCAPITAL2 INChistory →COM0.84%$11M1.07M
28TREBIA ACQUISITION CORPUNIT 99/99/99990.81%$10M1.00M
29HUDSON EXECUTIVE INVT CORPUNIT 06/21/20250.79%$10M1.00M
30DISDISNEY WALT COhistory →COM DISNEY0.79%$10M90.8K
31SOCIAL CAP HEDSPIA HLDG CO IUNIT 99/99/99990.73%$9M796.9K
32CHURCHILL CAP CORP IIICOM0.72%$9M864.4K
33FLYING EAGLE ACQUISITION CORCOM0.71%$9M828.3K
34GHIVUSDGORES HLDGS IV INCCOM CL A0.71%$9M900.0K
35ACAMAR PARTNERS ACQSITION COCL A0.67%$9M845.2K
36PIVOTAL INVT CORP IICOM CL A0.63%$8M793.3K
37PROPTECH ACQUISITION CORPCOM CL A0.57%$7M724.0K
38THCBEURTUSCAN HOLDINGS CORPCOM0.56%$7M710.0K
39LAURLAUREATE EDUCATION INCCL A0.54%$7M700.0K
40GORES METROPOULOS INCCOM CL A0.50%$6M600.0K
41NETFIN ACQUISITION CORPSHS CL A0.49%$6M585.0K
42DIAMONDPEAK HLDGS CORCOM CL A0.46%$6M574.7K
43AALAMERICAN AIRLS GROUP INCCOM0.46%$6M448.1K
44SOCIAL CAP HDOSPHIA HLDG COUNIT 99/99/99990.43%$6M443.6K
45GS ACQUISITION HLDGS CORP IIUNIT 99/99/99990.41%$5M500.0K
46LANDCADIA HLDGS II INCCL A0.41%$5M319.0K
47GX ACQUISITION CORPCOM CL A0.39%$5M490.7K
48FVAC/UFORTRESS VALUE ACQUISITION CUNIT 99/99/99990.36%$5M450.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2025$22M1Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$5M1May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$114M51Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$210M80Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$190M88Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$414M110May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$605M146Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$957M222Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.1B257Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.3B283May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.9B338Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.0B538Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.2B728Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.6B740May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.7B724Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.0B576Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.7B566Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.5B431May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.1B166Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.0B114Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020REVEALED$1.3B72Aug 18, 2020RESTATEMENTchanges · EDGAR ↗
Q1 2020$1.1B75May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.0B52Jan 30, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.0B63Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$999M59Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.2B52May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.4B63Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.