SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Dryden Capital, LLC

CIK 0001756488 · 777 BRICKELL AVENUE, SUITE 500, MIAMI, FL, 33131 · 3057882413

Reported Value
$161M
Q1 2022
Positions
57
Filings on Record
11
2019–present window
Filed
May 13, 2022
original filing

Summary

Dryden Capital, LLC reported $161M in U.S.-listed holdings across 57 positions for Q1 2022.

Its largest position, Kensington Cap Acq Corp IV, represents 10.9% of the portfolio.

Compared with Q4 2021, the fund opened 9 new positions and exited 2.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+71.6%
share of reported value
Largest Position
+10.9%
Kensington Cap Acq Corp IV
New / Exited
9 / 2
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
Q4 ’21: $140MQ4 ’21Q1 ’22: $161MQ2 ’22: $151MQ2 ’22Q3 ’22: $126MQ4 ’22: $76MQ4 ’22Q1 ’23: $76MQ2 ’23: $71MQ2 ’23Q3 ’23: $60MQ4 ’23: $72MQ4 ’23Q1 ’24: $68MQ2 ’24: $59MQ2 ’24filingsflow.com

Portfolio Composition

By security type
Other: 98.2%Common Stock: 1.7%Equity WRT: 0.1%
  • Other · 98.2% · $158M
  • Common Stock · 1.7% · $3M
  • Equity WRT · 0.1% · $112,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KENSINGTON CAP ACQ CORP IVNEW+1.75M1.75M+$18M$18M
INVESTCORP EUROPE ACQUISITIONEW+1.03M1.03M+$10M$10M
IAA INCNEW+6.0K6.0K+$230,000$230,000
INVESTCORP EUROPE ACQUISITIONEW+515.5K515.5K+$144,000$144,000
CHURCHILL CAPITAL CORP VNEW+10.0K10.0K+$98,000$98,000
SVF INVESTMENT CORPNEW+10.0K10.0K+$98,000$98,000
QUANERGY SYSTEMS INCNEW+50.0K50.0K+$13,000$13,000
ACCELERATE ACQUISITION CORPNEW+1.0K1.0K+$10,000$10,000

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

Holdings — Q1 2022

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KENSINGTON CAP ACQ CORP IVUNIT 99/99/999910.86%$18M1.75M
2KENSINGTON CAPITAL ACQUISITISHS CL A · *W EXP 99/99/9998.54%$14M2.42M
3ICONIC SPORTS ACQUISITION COCL A ORD SHS · *W EXP 10/12/2028.17%$13M1.95M
4DECARBONIZATION PLUS ACQUISICOM CL A · *W EXP 07/15/2027.41%$12M1.81M
5SOFTWARE ACQUISITN GRP INC ICOM CL A · *W EXP 02/02/2026.70%$11M1.61M
6INVESTCORP EUROPE ACQUISITIOCLASS A ORD SHS · *W EXP 12/15/202 · UNIT 12/15/20266.54%$11M1.56M
7PMVCWPMV CONSUMER ACQUISITION CORCOM · *W EXP 08/31/2026.39%$10M1.50M
8ACCELERATE ACQUISITION CORPCOM CL A · *W EXP 03/15/202 · UNIT 99/99/99996.02%$10M1.30M
9AEA-BRIDGES IMPACT CORPSHS CL A · *W EXP 09/19/2025.68%$9M1.29M
10TIGA ACQUISITION CORPSHS CL A · *W EXP 11/06/2025.24%$8M954.1K
11EXCELFIN ACQUISITION CORPCOM CL A · *W EXP 10/25/2024.43%$7M1.06M
12EJF ACQUISITION CORPCL A SHS · *W EXP 03/10/2024.18%$7M894.5K
13ARGUS CAPITAL CORPCLASS A COM · *W EXP 08/31/2023.87%$6M916.5K
14HPX CORPSHS CL A · *W EXP 07/14/2023.60%$6M843.2K
15CONCORD ACQUISITION CORP IIICOM CL A · *W EXP 99/99/9992.76%$4M660.0K
16KL ACQUISITION CORPCOM CL A · *W EXP 01/12/2021.96%$3M342.9K
17HUDSON EXECUTIVE INVS CORP ICOM CL A · *W EXP 01/31/2021.84%$3M373.9K
18SCION TECH GROWTH ICL A SHS1.82%$3M299.1K
19ATLANTIC AVE ACQUISITION CORCOM CL A1.51%$2M246.9K
20WILLIAM PENN BANCORPORATIONCOM0.59%$956,00075.0K
21FISFIDELITY NATL INFORMATION SVCOM0.50%$803,0008.0K
22FISVFISERV INCCOM0.44%$710,0007.0K
23WTWWILLIS TOWERS WATSON PLC LTDSHS0.40%$638,0002.7K
24CLSTCATALYST BANCORP INCCOMMON STOCK0.25%$410,00030.0K
25IAA INCCOM0.14%$230,0006.0K
26CHURCHILL CAPITAL CORP VCOM CL A0.06%$98,00010.0K
27SVF INVESTMENT CORPCL A SHS0.06%$98,00010.0K
28QUANERGY SYSTEMS INC*W EXP 02/01/2020.01%$13,00050.0K
29L CATTERTON ASIA ACQUISITION*W EXP 03/08/2020.00%$6,00014.0K
30MASON INDUSTRIAL TECHNOLGY I*W EXP 99/99/9990.00%$5,00015.0K
31TCW SPECIAL PURPOSE ACQU COR*W EXP 99/99/9990.00%$5,00014.0K
32ONE EQUITY PARTNERS OPEN WTR*W EXP 01/14/2020.00%$4,00013.5K
33H I G ACQUISITION CORP*W EXP 99/99/9990.00%$4,00012.5K
34AVANTI ACQUISITION CORP*W EXP 99/99/9990.00%$4,00015.0K
35SUSTAINABLE DEVELP ACQU I CO*W EXP 02/04/2020.00%$4,00012.8K
36TECH AND ENERGY TRANSITION*W EXP 03/31/2020.00%$4,00013.0K
37ATHLON ACQUISITION CORP*W EXP 01/12/2020.00%$3,00013.7K
38EUROPEAN BIOTECH ACQUTN CORP*W EXP 03/06/2020.00%$3,00015.0K
39TLG ACQUISITION ONE CORP*W EXP 01/25/2020.00%$3,00014.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2024$59M30Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$68M29May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$72M30Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$60M31Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$71M29Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$76M34May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$76M41Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$126M60Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$151M58Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$161M57May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$140M50Feb 11, 202213F-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 ↗.