SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Dryden Capital, LLC

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

Reported Value
$151M
Q2 2022
Positions
58
Filings on Record
11
2019–present window
Filed
Aug 15, 2022
original filing

Summary

Dryden Capital, LLC reported $151M in U.S.-listed holdings across 58 positions for Q2 2022.

Its largest position, Kensington Cap Acq Corp IV, represents 11.8% of the portfolio.

Compared with Q1 2022, the fund opened 7 new positions and exited 6.

Portfolio Metrics

Turnover
+14.9%
vs prior filed quarter
Top-10 Concentration
+75.4%
share of reported value
Largest Position
+11.8%
Kensington Cap Acq Corp IV
New / Exited
7 / 6
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: 98.1%Common Stock: 1.9%Equity WRT: 0.0%
  • Other · 98.1% · $148M
  • Common Stock · 1.9% · $3M
  • Equity WRT · 0.0% · $73,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KENSINGTON CAP ACQ CORP IVNEW+1.79M1.79M+$17M$17M
KENSINGTON CAP ACQ CORP IVNEW+1.79M1.79M+$531,000$531,000
ARGUS CAPITAL CORPNEW+23.3K23.3K+$233,000$233,000
ALLEALLEGION PLCNEW+1.5K1.5K+$147,000$147,000
KHOSLA VENTURES ACQUISITIONNEW+15.0K15.0K+$146,000$146,000
PAGAYA TECHNOLOGIES LTDNEW+236.0K236.0K+$92,000$92,000
CONCORD ACQUISITION CORP IIINEW+483483+$5,000$5,000
KL ACQUISITION CORPADDED+201.7K223.1K+$9,000$13,000

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

Holdings — Q2 2022

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KENSINGTON CAP ACQ CORP IVUNIT 99/99/9999 · *W EXP 99/99/99911.77%$18M3.57M
2KENSINGTON CAPITAL ACQUISITISHS CL A · *W EXP 99/99/9998.82%$13M2.59M
3ICONIC SPORTS ACQUISITION COCL A ORD SHS · *W EXP 10/12/2028.72%$13M2.28M
4DECARBONIZATION PLUS ACQUISICOM CL A · *W EXP 07/15/2027.75%$12M1.97M
5SOFTWARE ACQUISITN GRP INC ICOM CL A · *W EXP 02/02/2027.19%$11M1.61M
6INVESTCORP EUROPE ACQUISITIOCLASS A ORD SHS · UNIT 12/15/2026 · *W EXP 12/15/2027.00%$11M1.87M
7PMVCWPMV CONSUMER ACQUISITION CORCOM · *W EXP 08/31/2026.83%$10M1.78M
8ACCELERATE ACQUISITION CORPCOM CL A · *W EXP 03/15/202 · UNIT 99/99/99996.42%$10M1.57M
9TIGA ACQUISITION CORPSHS CL A · *W EXP 11/06/2025.62%$8M939.1K
10CONCORD ACQUISITION CORP IIICOM CL A · *W EXP 99/99/999 · UNIT 99/99/99995.29%$8M1.63M
11ARGUS CAPITAL CORPCLASS A COM · UNIT 08/31/2028 · *W EXP 08/31/2024.79%$7M1.40M
12EXCELFIN ACQUISITION CORPCOM CL A · *W EXP 10/25/2024.73%$7M1.40M
13AEA-BRIDGES IMPACT CORPSHS CL A · *W EXP 09/19/2024.67%$7M1.09M
14KL ACQUISITION CORPCOM CL A · *W EXP 01/12/2022.10%$3M544.6K
15HUDSON EXECUTIVE INVS CORP ICOM CL A · *W EXP 01/31/2021.96%$3M373.9K
16SCION TECH GROWTH ICL A SHS1.96%$3M299.1K
17ATLANTIC AVE ACQUISITION CORCOM CL A1.62%$2M246.9K
18WILLIAM PENN BANCORPORATIONCOM0.58%$878,00075.0K
19WTWWILLIS TOWERS WATSON PLC LTDSHS0.56%$839,0004.3K
20FISFIDELITY NATL INFORMATION SVCOM0.55%$825,0009.0K
21FISVFISERV INCCOM0.41%$623,0007.0K
22CLSTCATALYST BANCORP INCCOMMON STOCK0.27%$406,00030.0K
23CHURCHILL CAPITAL CORP VCOM CL A0.10%$147,00015.0K
24ALLEALLEGION PLCORD SHS0.10%$147,0001.5K
25KHOSLA VENTURES ACQUISITIONCL A0.10%$146,00015.0K
26PAGAYA TECHNOLOGIES LTD*W EXP 09/01/2020.06%$92,000236.0K
27HPX CORP*W EXP 07/14/2020.03%$43,000261.9K
28QUANERGY SYSTEMS INC*W EXP 02/01/2020.00%$3,00050.0K
29TCW SPECIAL PURPOSE ACQU COR*W EXP 99/99/9990.00%$3,00014.0K
30MASON INDUSTRIAL TECHNOLGY I*W EXP 99/99/9990.00%$2,00015.0K
31TECH AND ENERGY TRANSITION*W EXP 03/31/2020.00%$2,00013.0K
32ATHLON ACQUISITION CORP*W EXP 01/12/2020.00%$2,00013.7K
33ONE EQUITY PARTNERS OPEN WTR*W EXP 01/14/2020.00%$1,00013.5K
34L CATTERTON ASIA ACQUISITION*W EXP 03/08/2020.00%$1,00014.0K
35H I G ACQUISITION CORP*W EXP 99/99/9990.00%$1,00012.5K
36TLG ACQUISITION ONE CORP*W EXP 01/25/2020.00%$1,00014.0K
37AVANTI ACQUISITION CORP*W EXP 99/99/9990.00%$1,00015.0K
38SUSTAINABLE DEVELP ACQU I CO*W EXP 02/04/2020.00%$1,00012.8K
39EUROPEAN BIOTECH ACQUTN CORP*W EXP 03/06/2020.00%$1,00015.0K

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 ↗.