Managers / Q1 2023 · view latest →
FIR TREE CAPITAL MANAGEMENT LP
CIK 0001056491 · 500 FIFTH AVENUE, 9TH FLOOR, NEW YORK, NY, 10110 · 2123983500
Reported Value
$1.3B
Q1 2023
Positions
283
Filings on Record
29
2019–present window
Filed
May 15, 2023
original filing
Summary
Fir Tree Capital Management LP reported $1.3B in U.S.-listed holdings across 283 positions for Q1 2023.
Its largest position, ATVIEUR, represents 2.2% of the portfolio.
Compared with Q4 2022, the fund opened 57 new positions and exited 113.
Portfolio Metrics
Turnover
+15.9%
vs prior filed quarter
Top-10 Concentration
+16.7%
share of reported value
Largest Position
+2.2%
Activision Blizzard
New / Exited
57 / 113
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Portfolio Composition
By security type
- Other · 84.4% · $1.1B
- Common Stock · 13.5% · $170M
- US DOMESTIC · 1.0% · $13M
- ETP · 0.9% · $11M
- Unit · 0.2% · $2M
- Equity WRT · 0.0% · $18,015
Quarter-over-Quarter Changes full breakdown →
vs Q4 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| COINBASE GLOBAL INC | NEW | +13.91M | 13.91M | +$9M | $9M |
| POWER & DIGITAL INFRASTRUCTU | NEW | +820.6K | 820.6K | +$8M | $8M |
| SILVERBOX CORP III | NEW | +800.0K | 800.0K | +$8M | $8M |
| NUBIA BRAND INTERNATIONAL CO | NEW | +581.5K | 581.5K | +$6M | $6M |
| REDWOODS ACQUISITION CORP | NEW | +464.0K | 464.0K | +$5M | $5M |
| MAGNUM OPUS ACQUISITION LTD | NEW | +417.2K | 417.2K | +$4M | $4M |
| HENNESSY CAPITAL INVST CORP | NEW | +403.2K | 403.2K | +$4M | $4M |
| WORLDWIDE WEBB ACQUISITION C | NEW | +400.0K | 400.0K | +$4M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2023
274 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ATVIEURACTIVISION BLIZZARD INChistory → | COM | 2.20% | $28M | 323.8K |
| 2 | ENPHYS ACQUISITION CORP | CL A ORD SHS | 2.18% | $27M | 2.68M |
| 3 | VMWEURVMWARE INChistory → | CL A COM | 1.99% | $25M | 200.6K |
| 4 | PONTEM CORPORATION | SHS CL A | 1.58% | $20M | 1.93M |
| 5 | APOLLO STRATEGIC GRWT CPTL I | SHS CL A | 1.56% | $20M | 1.92M |
| 6 | ARES ACQUISITION CORPORATION | COM CL A | 1.56% | $20M | 1.90M |
| 7 | SPBSPECTRUM BRANDS HLDGS INC NEhistory → | COM | 1.50% | $19M | 285.0K |
| 8 | TRINE II ACQUISITION CORP | CL A ORD SHS | 1.45% | $18M | 1.74M |
| 9 | BKIEURBLACK KNIGHT INChistory → | COM | 1.44% | $18M | 314.2K |
| 10 | METALS ACQUISITION CORP | SHS CL A | 1.27% | $16M | 1.57M |
| 11 | EG ACQUISITION CORP | COM CL A | 1.23% | $16M | 1.52M |
| 12 | ARTEMIS STRATEGIC INVT CORP | COM CL A | 1.23% | $15M | 1.50M |
| 13 | GORES HOLDINGS IX INC | CLASS A COM | 1.19% | $15M | 1.49M |
| 14 | CONCORD ACQUISITION CORP III | COM CL A | 1.19% | $15M | 1.44M |
| 15 | NEW PROVIDENCE ACQSITN CORP | CLASS A COM | 1.09% | $14M | 1.32M |
| 16 | NABORS ENERGY TRANSITION COR | CL A COM | 1.09% | $14M | 1.30M |
| 17 | EXCELFIN ACQUISITION CORP | COM CL A | 1.06% | $13M | 1.29M |
| 18 | RBAGBPRITCHIE BROS AUCTIONEERShistory → | COM | 1.01% | $13M | 225.0K |
| 19 | INVESTCORP INDIA ACQUISTN CO | CLASS A ORD SHS | 0.88% | $11M | 1.06M |
| 20 | TIO TECH A | CLASS A ORD SHS | 0.86% | $11M | 1.07M |
| 21 | FTAC ZEUS ACQUISITION COR | CLASS A COM | 0.83% | $10M | 1.01M |
| 22 | ACROPOLIS INFRASTRUCTURE ACQ | CL A | 0.82% | $10M | 1.02M |
| 23 | JUPITER ACQUISITION CORP | CL A | 0.82% | $10M | 1.02M |
| 24 | AFTERNEXT HEALTHTECH ACQUISI | SHS CL A | 0.82% | $10M | 1.01M |
| 25 | M3 BRIGADE ACQUISITION III | CL A COM | 0.82% | $10M | 997.9K |
| 26 | CONYERS PARK III ACQSITN COR | CLASS A COM | 0.79% | $10M | 984.8K |
| 27 | JAWS HURRICANE ACQUISITN COR | CLASS A COM | 0.79% | $10M | 974.9K |
| 28 | COLOMBIER ACQUISITION CORP | CL A | 0.78% | $10M | 966.6K |
| 29 | TWO | COM CL A | 0.77% | $10M | 949.5K |
| 30 | PPYAPAPAYA GRWT OPPORTUNITY CORP | CLASS A COM · *W EXP 12/31/202 | 0.75% | $9M | 1.35M |
| 31 | ATLANTIC COASTAL AQSTN CORP | CLASS A COM · *W EXP 01/13/202 | 0.75% | $9M | 1.35M |
| 32 | PATRIA LATIN AMRCN OPPRNTY A | CLASS A ORD SHS | 0.75% | $9M | 892.6K |
| 33 | CF ACQUISITION CORP IV | COM CL A | 0.74% | $9M | 899.9K |
| 34 | COINBASE GLOBAL INC | NOTE 0.500% 6/0 | 0.71% | $9M | 13.91M |
| 35 | SLAM CORP | CL A SHS | 0.70% | $9M | 854.9K |
| 36 | ROTH CH ACQUISITION V CO | COM | 0.68% | $9M | 834.3K |
| 37 | ICONIC SPORTS ACQUISITION CO | CL A ORD SHS | 0.68% | $9M | 819.5K |
| 38 | FAST ACQUISITION CORP II | CL A | 0.67% | $8M | 830.0K |
| 39 | POWER & DIGITAL INFRASTRUCTU | CLASS A COM | 0.67% | $8M | 820.6K |
| 40 | ROC ENERGY ACQUISITION CORP | COMMON STOCK | 0.66% | $8M | 796.3K |
| 41 | ATLANTIC COASTAL ACQUISTN CO | CLASS A COM · *W EXP 03/02/202 | 0.66% | $8M | 1.26M |
| 42 | ORION BIOTECH OPPORTUNTES CO | CLASS A ORD SHS | 0.64% | $8M | 792.3K |
| 43 | SILVERBOX CORP III | UNIT 02/28/2028 | 0.64% | $8M | 800.0K |
| 44 | TPG PACE BENEFICIAL II CORP | COMMON STOCK | 0.61% | $8M | 774.9K |
| 45 | IX ACQUISITION CORP | CLASS A ORD SHS | 0.61% | $8M | 749.0K |
| 46 | GREEN VISOR FIN TEC ACQ CORP | CLASS A ORD | 0.61% | $8M | 727.2K |
| 47 | ELLIOTT OPPORTUNITY II CORP | SHS CL A | 0.59% | $7M | 728.3K |
| 48 | JUPITER WELLNESS ACQUISITION | CLASS A COM | 0.58% | $7M | 691.2K |
| 49 | FOCUS IMPACT ACQUISITION COR | CLASS A COM | 0.57% | $7M | 691.5K |
| 50 | TG VENTURE ACQUISITION CORP | CLASS A COM | 0.56% | $7M | 681.6K |
| 51 | ZIMMER ENERGY TRANSITION ACQ | COM CL A | 0.55% | $7M | 686.1K |
| 52 | SCREAMING EAGLE ACQUISITN CO | CLASS A ORD SHS | 0.55% | $7M | 684.6K |
| 53 | HOME PLATE ACQUISITION CORP | CL A COM | 0.54% | $7M | 669.0K |
| 54 | MOUNTAIN & CO I ACQUISITN CO | CLASS A ORD | 0.51% | $6M | 598.2K |
| 55 | TWELVE SEAS INVESTMENT CO II | COM CL A | 0.50% | $6M | 617.8K |
| 56 | GSR II METEORA ACQUISITN COR | CLASS A COM | 0.49% | $6M | 599.9K |
| 57 | JUNIPER II CORP | CL A COM | 0.49% | $6M | 596.7K |
| 58 | NUBIA BRAND INTERNATIONAL CO | CLASS A COM | 0.49% | $6M | 581.5K |
| 59 | 7 ACQUISITION CORPORATION | SHS CL A | 0.49% | $6M | 589.3K |
| 60 | SOUND POINT ACQUISITION CORP | CLASS A ORD SHS | 0.48% | $6M | 577.6K |
| 61 | ANTHEMIS DIGITAL ACQUISITION | CLASS A ORD | 0.48% | $6M | 580.4K |
| 62 | BURTECH ACQUISITION CORP | CLASS A COM | 0.48% | $6M | 595.3K |
| 63 | JAGUAR GLOBAL GROWTH CORP I | CLASS A ORD SHS | 0.48% | $6M | 581.3K |
| 64 | BLACK MOUNTAIN ACQ CORP | CL A COM | 0.48% | $6M | 577.6K |
| 65 | SPORTSMAP TECH ACQUISITIN CO | COM | 0.48% | $6M | 576.4K |
| 66 | AXONPRIME INFRSTCTR AQSTN CO | CLASS A COM | 0.47% | $6M | 570.2K |
| 67 | TLGY ACQUISITION CORPORATION | CLASS A ORD SHS | 0.47% | $6M | 562.8K |
| 68 | MOTIVE CAPITAL CORP II | CL A ORD | 0.47% | $6M | 563.7K |
| 69 | RIGEL RESOURCE ACQ CORP | CL A ORD SHS | 0.45% | $6M | 535.7K |
| 70 | DMY TECHNOLOGY GROUP INC VI | CL A COM | 0.43% | $5M | 534.1K |
| 71 | INFINITE ACQUISITION CORP | CL A ORD SHS | 0.42% | $5M | 509.7K |
| 72 | IRRXINTEGRATED RAIL AND RES ACQ | CL A COM | 0.42% | $5M | 500.0K |
| 73 | AP ACQUISITION CORP | CL A ORD SHS | 0.42% | $5M | 499.0K |
| 74 | ENTERPRISE 4.0 TEC ACQSTN CO | CLASS A ORD SHS | 0.41% | $5M | 498.9K |
| 75 | SPRING VALLEY ACQUISTN CORP | CLASS A ORD | 0.41% | $5M | 500.0K |
| 76 | KERNEL GROUP HOLDINGS INC | CL A SHS | 0.41% | $5M | 500.0K |
| 77 | ROSS ACQUISITION CORP II | SHS CL A | 0.41% | $5M | 501.7K |
| 78 | OKLOALTC ACQUISITION CORP | COM CL A | 0.41% | $5M | 505.1K |
| 79 | SHOULDERUP TECHNOLOGY ACQUIS | CL A COM | 0.41% | $5M | 493.5K |
| 80 | 7GC & CO HOLDINGS INC | COM CL A | 0.41% | $5M | 495.0K |
| 81 | HEALTHWELL ACQUISITION CORP | CLASS A COM | 0.40% | $5M | 502.3K |
| 82 | QOMOLANGMA ACQUISITION CORP | COM | 0.40% | $5M | 495.0K |
| 83 | UTA ACQUISITION CORPORATION | CLASS A ORD SHS | 0.40% | $5M | 488.1K |
| 84 | PUCKGOAL ACQUISITIONS CORP | COM | 0.40% | $5M | 490.2K |
| 85 | BLUE WHALE ACQUISITION CORP | CLASS A ORD SHS | 0.39% | $5M | 496.2K |
| 86 | REDWOODS ACQUISITION CORP | COM | 0.38% | $5M | 464.0K |
| 87 | SCULPTOR ACQUISITION CORP I | CL A COM | 0.37% | $5M | 449.2K |
| 88 | TLG ACQUISITION ONE CORP | COM CL A | 0.37% | $5M | 447.1K |
| 89 | BLEUACACIA LTD | CLASS A ORD SHS | 0.37% | $5M | 453.6K |
| 90 | BATTERY FUTURE ACQUISITION C | CL A ORD SHS | 0.36% | $5M | 438.9K |
| 91 | PLUM ACQUISITION CORP I | CLASS A ORD SHS | 0.36% | $4M | 436.3K |
| 92 | RCF ACQUISITION CORP | CL A COM | 0.35% | $4M | 427.6K |
| 93 | SK GROWTH OPPORTUNITIES CORP | CLASS A COM | 0.35% | $4M | 426.6K |
| 94 | VECTOR ACQUISITION CORP II | CL A SHS | 0.35% | $4M | 439.2K |
| 95 | APX ACQUISITION CORP I | CLASS A ORD SHS · *W EXP 11/30/202 | 0.34% | $4M | 1.14M |
| 96 | MAGNUM OPUS ACQUISITION LTD | SHS CL A | 0.34% | $4M | 417.2K |
| 97 | OXUS ACQUISITION CORP | SHS CL A | 0.34% | $4M | 405.8K |
| 98 | M3 BRIGADE ACQUISITION II CO | COM CL A | 0.34% | $4M | 426.7K |
| 99 | B RILEY PRIN 250 MERGER CORP | CLASS A COM | 0.34% | $4M | 416.9K |
| 100 | LAMF GLOBAL VENTURES CORP I | CLASS A ORD | 0.33% | $4M | 400.7K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q2 2025 | $22M | 1 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $5M | 1 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $114M | 51 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $210M | 80 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $190M | 88 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $414M | 110 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $605M | 146 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $957M | 222 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $1.1B | 257 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $1.3B | 283 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $1.9B | 338 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $3.0B | 538 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $3.2B | 728 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $3.6B | 740 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $3.7B | 724 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $3.0B | 576 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $2.7B | 566 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $2.5B | 431 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $2.1B | 166 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $2.0B | 114 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020REVEALED | $1.3B | 72 | Aug 18, 2020 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2020 | $1.1B | 75 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $1.0B | 52 | Jan 30, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $1.0B | 63 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $999M | 59 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $1.2B | 52 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $1.4B | 63 | Feb 14, 2019 | 13F-HR | changes · 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 ↗.