Managers / Q1 2022 · view latest →
Tilden Park Management I LLC
CIK 0001639592 · 452 FIFTH AVE., 28TH FLOOR, NEW YORK, NY, 10018 · 212-754-1700
Summary
Tilden Park Management I LLC reported $28M in U.S.-listed holdings across 17 positions for Q1 2022.
The portfolio is heavily concentrated: Ishares Tr alone accounts for 72.2% of reported value.
Compared with Q4 2021, the fund opened 9 new positions and exited 4.
Portfolio Metrics
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
Portfolio Composition
- ETP · 72.2% · $20M
- Common Stock · 26.1% · $7M
- Other · 1.6% · $441,000
- Equity WRT · 0.1% · $38,000
Quarter-over-Quarter Changes full breakdown →
vs Q4 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +245.0K | 245.0K | +$20M | $20M |
| BRCCBRC INC | NEW | +25.0K | 25.0K | +$113,000 | $113,000 |
| VLDXWVELO3D INC | NEW | +12.5K | 12.5K | +$26,000 | $26,000 |
| AUSTERLITZ ACQUISITION CORP | NEW | +25.0K | 25.0K | +$14,000 | $14,000 |
| AUSTERLITZ ACQUISITION CORP | NEW | +25.0K | 25.0K | +$14,000 | $14,000 |
| DNABWGINKGO BIOWORKS HOLDINGS INC | NEW | +14.0K | 14.0K | +$12,000 | $12,000 |
| WARBURG PINCUS CAPTAL CORP I | NEW | +20.0K | 20.0K | +$9,000 | $9,000 |
| AFRICAN GOLD ACQUISITION COR | NEW | +37.5K | 37.5K | +$8,000 | $8,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR | IBOXX HI YD ETF | 72.18% | $20M | 245.0K |
| 2 | CMECME GROUP INChistory → | COM | 25.70% | $7M | 30.0K |
| 3 | CF ACQUISITION CORP VI | COM CL A | 1.06% | $297,000 | 25.0K |
| 4 | BRCCBRC INC | COM CL A | 0.40% | $113,000 | 25.0K |
| 5 | GORES GUGGENHEIM INC | *W EXP 03/25/202 | 0.23% | $63,000 | 20.0K |
| 6 | AUSTERLITZ ACQUISITION CORP | *W EXP 02/19/202 | 0.10% | $28,000 | 50.0K |
| 7 | VLDXWVELO3D INC | *W EXP 12/01/202 | 0.09% | $26,000 | 12.5K |
| 8 | DNABWGINKGO BIOWORKS HOLDINGS INC | *W EXP 09/16/202 | 0.04% | $12,000 | 14.0K |
| 9 | HAYMAKER ACQUISITION CORP II | *W EXP 03/05/202 | 0.04% | $10,000 | 18.8K |
| 10 | WARBURG PINCUS CAPTAL CORP I | *W EXP 99/99/999 | 0.03% | $9,000 | 20.0K |
| 11 | AFRICAN GOLD ACQUISITION COR | *W EXP 03/31/202 | 0.03% | $8,000 | 37.5K |
| 12 | KKR ACQUISITION HOLDING I CO | *W EXP 03/17/202 | 0.03% | $7,000 | 10.0K |
| 13 | TCW SPECIAL PURPOSE ACQU COR | *W EXP 99/99/999 | 0.02% | $5,000 | 16.7K |
| 14 | FUSION ACQUISITION CORP II | *W EXP 02/29/202 | 0.02% | $5,000 | 25.0K |
| 15 | VELOCITY ACQUISITION CORP | *W EXP 02/24/202 | 0.02% | $5,000 | 16.7K |
| 16 | HUDSON EXECUTIVE INVES III | *W EXP 02/22/202 | 0.01% | $4,000 | 10.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2022 | $5M | 14 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $6M | 15 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $28M | 17 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $64M | 12 | Feb 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $86M | 17 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $114M | 40 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $147M | 56 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $97M | 4 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $56M | 2 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | Under review | 1 | Aug 7, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $251M | 7 | May 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $339M | 9 | Feb 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $255M | 4 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $721M | 15 | Aug 9, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $191M | 7 | May 14, 2019 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- Tilden Park Capital Management LP028-17424
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 ↗.