Managers / Q1 2022 · view latest →
TEGEAN CAPITAL MANAGEMENT, LLC
CIK 0001536063 · 405 LEXINGTON AVENUE, 26TH FLOOR, SUITE 2622, NEW YORK, NY, 10174 · 212-201-1953
Reported Value
$188M
Q1 2022
Positions
135
includes revealed positions
Filings on Record
24
2019–present window
Filed
May 16, 2022
original filing
Summary
Tegean Capital Management, LLC reported $188M in U.S.-listed holdings across 135 positions for Q1 2022.
Its largest position, GS, represents 15.8% of the portfolio.
Compared with Q4 2021, the fund opened 9 new positions and exited 9.
Portfolio Metrics
Turnover
+29.2%
vs prior filed quarter
Top-10 Concentration
+80.9%
share of reported value
Largest Position
+15.8%
Goldman Sachs
New / Exited
9 / 9
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
- Common Stock · 73.2% · $138M
- Other · 25.3% · $48M
- ADR · 1.5% · $3M
- Equity WRT · 0.0% · $16,000
Quarter-over-Quarter Changes full breakdown →
vs Q4 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MSTRMICROSTRATEGY INCREVEALED | NEW | +40.0K | 40.0K | +$19M | $19M |
| ANZU SPECIAL ACQUISITIN CORPREVEALED | NEW | +140.0K | 140.0K | +$1M | $1M |
| OYSTER ENTERPRISES ACQ CORPREVEALED | NEW | +100.0K | 100.0K | +$980,000 | $980,000 |
| KISMET ACQUISITION THREE CORREVEALED | NEW | +100.0K | 100.0K | +$980,000 | $980,000 |
| ADVANCED MERGER PARTNERS INCREVEALED | NEW | +100.0K | 100.0K | +$978,000 | $978,000 |
| DHB CAPITAL CORPREVEALED | NEW | +100.0K | 100.0K | +$976,000 | $976,000 |
| EJF ACQUISITION CORPREVEALED | NEW | +95.4K | 95.4K | +$944,000 | $944,000 |
| TECH AND ENERGY TRANSITIONREVEALED | NEW | +50.0K | 50.0K | +$488,000 | $488,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2022REVEALED
48 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | GSGOLDMAN SACHS GROUP INCREVEALEDhistory → | COM | 15.82% | $30M | 90.0K |
| 2 | AGOASSURED GUARANTY LTDREVEALEDhistory → | COM | 14.91% | $28M | 440.0K |
| 3 | METAMETA PLATFORMS INCREVEALEDhistory → | CL A | 11.84% | $22M | 100.0K |
| 4 | MSTRMICROSTRATEGY INCREVEALEDhistory → | CL A NEW | 10.36% | $19M | 40.0K |
| 5 | COFCAPITAL ONE FINL CORPREVEALEDhistory → | COM | 6.99% | $13M | 100.0K |
| 6 | WDCWESTERN DIGITAL CORP.REVEALEDhistory → | COM | 6.61% | $12M | 250.0K |
| 7 | II-VI INCREVEALED | COM | 6.17% | $12M | 160.0K |
| 8 | WFCWELLS FARGO CO NEWREVEALEDhistory → | COM | 3.87% | $7M | 150.0K |
| 9 | CCITIGROUP INCREVEALEDhistory → | COM NEW | 2.84% | $5M | 100.0K |
| 10 | NOKNOKIA CORPREVEALEDhistory → | SPONSORED ADR | 1.45% | $3M | 500.0K |
| 11 | WARRIOR TECHNOLOGIES ACQUI CREVEALED | COM CL A | 1.05% | $2M | 200.0K |
| 12 | ANZU SPECIAL ACQUISITIN CORPREVEALED | COM CL A · *W EXP 01/27/202 | 0.73% | $1M | 186.7K |
| 13 | BOA ACQUISITION CORPREVEALED | COM CL A · *W EXP 02/22/202 | 0.53% | $998,000 | 133.3K |
| 14 | CROWN PROPTECH ACQUISITIONSREVEALED | SHS CL A · *W EXP 99/99/999 | 0.53% | $996,000 | 133.3K |
| 15 | OYSTER ENTERPRISES ACQ CORPREVEALED | COM CL A · *W EXP 01/20/202 | 0.53% | $992,000 | 150.0K |
| 16 | SBIIWSANDBRIDGE X2 CORPREVEALED | COM CLASS A · *W EXP 03/11/202 | 0.53% | $992,000 | 133.3K |
| 17 | ITHAX ACQUISITION CORPREVEALED | CL A SHS | 0.53% | $988,000 | 100.0K |
| 18 | AGILE GROWTH CORPREVEALED | CLASS A ORD · *W EXP 03/09/202 | 0.53% | $988,000 | 133.3K |
| 19 | AURORA ACQUISITION CORPREVEALED | CLASS A ORD SHS | 0.52% | $986,000 | 100.0K |
| 20 | TLG ACQUISITION ONE CORPREVEALED | COM CL A · *W EXP 01/25/202 | 0.52% | $986,000 | 133.3K |
| 21 | KISMET ACQUISITION THREE CORREVEALED | CL A SHARES · *W EXP 06/30/202 | 0.52% | $986,000 | 133.3K |
| 22 | MASON INDUSTRIAL TECHNOLGY IREVEALED | COM CL A · *W EXP 99/99/999 | 0.52% | $986,000 | 123.6K |
| 23 | PRIVETERRA ACQUISITION CORPREVEALED | CL A · *W EXP 02/28/202 | 0.52% | $986,000 | 128.0K |
| 24 | TWELVE SEAS INVESTMENT CO IIREVEALED | COM CL A · *W EXP 03/02/202 | 0.52% | $986,000 | 133.3K |
| 25 | VELOCITY ACQUISITION CORPREVEALED | COM CL A · *W EXP 02/24/202 | 0.52% | $986,000 | 132.0K |
| 26 | FLAME ACQUISITION CORPREVEALED | COM CL A · *W EXP 02/26/202 | 0.52% | $986,000 | 133.9K |
| 27 | NOBLE ROCK ACQUISITION CORPREVEALED | CL A SHS · *W EXP 01/31/202 | 0.52% | $984,000 | 119.8K |
| 28 | PWP FORWARD ACQUISITION CORPREVEALED | CLASS A COM · *W EXP 03/12/202 | 0.52% | $984,000 | 120.0K |
| 29 | RXR ACQUISITION CORPREVEALED | CLASS A COM · *W EXP 03/08/202 | 0.52% | $984,000 | 120.0K |
| 30 | KERNEL GROUP HOLDINGS INCREVEALED | CL A SHS | 0.52% | $982,000 | 100.0K |
| 31 | STRATIM CLOUD ACQUISITION COREVEALED | CLASS A COM · *W EXP 03/05/202 | 0.52% | $982,000 | 133.3K |
| 32 | FTAC HERA ACQUISITION CORPREVEALED | CLASS A ORD SHS | 0.52% | $980,000 | 100.0K |
| 33 | DHC ACQUISITION CORPREVEALED | CLASS A ORD SHS | 0.52% | $980,000 | 100.0K |
| 34 | CARTESIAN GROWTH CORPREVEALED | CL A SHS | 0.52% | $980,000 | 99.2K |
| 35 | ADVANCED MERGER PARTNERS INCREVEALED | COM CL A | 0.52% | $978,000 | 100.0K |
| 36 | MDH ACQUISITION CORPREVEALED | COM CL A | 0.52% | $978,000 | 100.0K |
| 37 | ROSECLIFF ACQUISITION CORP IREVEALED | COM CL A | 0.52% | $978,000 | 100.0K |
| 38 | VECTOR ACQUISITION CORP IIREVEALED | CL A SHS | 0.52% | $976,000 | 100.0K |
| 39 | DHB CAPITAL CORPREVEALED | CL A COM | 0.52% | $976,000 | 100.0K |
| 40 | KISMET ACQUISITION TWO CORPREVEALED | CL A SHS · *W EXP 06/30/202 | 0.51% | $964,000 | 127.3K |
| 41 | EDIFY ACQUISITION CORPREVEALED | CL A · *W EXP 11/25/202 | 0.51% | $960,000 | 146.1K |
| 42 | EJF ACQUISITION CORPREVEALED | CL A SHS | 0.50% | $944,000 | 95.4K |
| 43 | IBERE PHARMACEUTICALSREVEALED | SHS CL A · *W EXP 03/01/202 | 0.48% | $906,000 | 137.1K |
| 44 | ROSS ACQUISITION CORP IIREVEALED | SHS CL A | 0.30% | $572,000 | 58.2K |
| 45 | AFRICAN GOLD ACQUISITION CORREVEALED | SHS CL A | 0.26% | $490,000 | 50.0K |
| 46 | BYTE ACQUISITION CORPREVEALED | CLASS A ORD SHS | 0.26% | $488,000 | 50.0K |
| 47 | TECH AND ENERGY TRANSITIONREVEALED | CLASS A COM | 0.26% | $488,000 | 50.0K |
| 48 | INDEPENDENCE HOLDINGS CORPREVEALED | CLASS A ORD SHS | 0.10% | $196,000 | 20.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2023 | $82M | 16 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $95M | 26 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023REVEALED | $149M | 39 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023REVEALED | $147M | 39 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022REVEALED | Under review | 27 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022REVEALED | $4.7B | 73 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022REVEALED | $2.4B | 176 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022REVEALED | $188M | 135 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021REVEALED | $194M | 141 | Feb 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $35M | 11 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $35M | 8 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $28M | 11 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $67M | 13 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $84M | 15 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $114M | 17 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $147M | 21 | May 15, 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 ↗.