SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Dryden Capital, LLC

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

Reported Value
$126M
Q3 2022
Positions
60
Filings on Record
11
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Dryden Capital, LLC reported $126M in U.S.-listed holdings across 60 positions for Q3 2022.

Its largest position, Decarbonization Plus Acquisi, represents 12.4% of the portfolio.

Compared with Q2 2022, the fund opened 9 new positions and exited 10.

Portfolio Metrics

Turnover
+15.8%
vs prior filed quarter
Top-10 Concentration
+88.3%
share of reported value
Largest Position
+12.4%
Decarbonization Plus Acquisi
New / Exited
9 / 10
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: 96.0%Common Stock: 3.2%Equity WRT: 0.8%
  • Other · 96.0% · $121M
  • Common Stock · 3.2% · $4M
  • Equity WRT · 0.8% · $971,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMPX/WSAMPRIUS TECHNOLOGIES INCNEW+2.30M2.30M+$735,000$735,000
AVTRAVANTOR INCNEW+30.0K30.0K+$588,000$588,000
ICLRICON PLCNEW+3.0K3.0K+$551,000$551,000
AAPADVANCE AUTO PARTS INCNEW+1.5K1.5K+$235,000$235,000
LVWR/WSLIVEWIRE GROUP INCNEW+540.6K540.6K+$189,000$189,000
SOUND POINT ACQUISITION CORPNEW+17.6K17.6K+$179,000$179,000
NOGIN INCNEW+762.9K762.9K+$65,000$65,000
SOUND POINT ACQUISITION CORPNEW+2.4K2.4K+$24,000$24,000

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

Holdings — Q3 2022

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DECARBONIZATION PLUS ACQUISICOM CL A · *W EXP 07/15/20212.35%$16M2.64M
2KENSINGTON CAPITAL ACQUISITISHS CL A · *W EXP 99/99/99911.57%$15M3.04M
3ICONIC SPORTS ACQUISITION COCL A ORD SHS · *W EXP 10/12/20211.37%$14M2.72M
4INVESTCORP EUROPE ACQUISITIOCLASS A ORD SHS · UNIT 12/15/2026 · *W EXP 12/15/20210.82%$14M2.61M
5ARGUS CAPITAL CORPCLASS A COM · UNIT 08/31/2028 · *W EXP 08/31/2029.47%$12M2.25M
6ACCELERATE ACQUISITION CORPCOM CL A · *W EXP 03/15/202 · UNIT 99/99/99999.23%$12M2.07M
7TIGA ACQUISITION CORPSHS CL A · *W EXP 11/06/2028.98%$11M1.20M
8CONCORD ACQUISITION CORP IIICOM CL A · *W EXP 99/99/999 · UNIT 99/99/99996.35%$8M1.63M
9EXCELFIN ACQUISITION CORPCOM CL A · *W EXP 10/25/2025.65%$7M1.40M
10KL ACQUISITION CORPCOM CL A · *W EXP 01/12/2022.53%$3M544.6K
11SCION TECH GROWTH ICL A SHS2.37%$3M299.1K
12HUDSON EXECUTIVE INVS CORP ICOM CL A · *W EXP 01/31/2022.35%$3M373.9K
13ATLANTIC AVE ACQUISITION CORCOM CL A1.96%$2M246.9K
14WTWWILLIS TOWERS WATSON PLC LTDSHS0.68%$854,0004.3K
15WILLIAM PENN BANCORPORATIONCOM0.68%$853,00075.0K
16FISFIDELITY NATL INFORMATION SVCOM0.66%$831,00011.0K
17AMPX/WSAMPRIUS TECHNOLOGIES INC*W EXP 09/14/2020.58%$735,0002.30M
18FISVFISERV INCCOM0.52%$655,0007.0K
19AVTRAVANTOR INCCOM0.47%$588,00030.0K
20ICLRICON PLCSHS0.44%$551,0003.0K
21CLSTCATALYST BANCORP INCCOMMON STOCK0.30%$372,00030.0K
22AAPADVANCE AUTO PARTS INCCOM0.19%$235,0001.5K
23SOUND POINT ACQUISITION CORPCLASS A ORD SHS · UNIT 02/25/2027 · *W EXP 02/25/2020.17%$217,000112.1K
24LVWR/WSLIVEWIRE GROUP INC*W EXP 09/26/2020.15%$189,000540.6K
25HPX CORP*W EXP 07/14/2020.06%$70,000289.8K
26NOGIN INC*W EXP 08/26/2020.05%$65,000762.9K
27PMVCWPMV CONSUMER ACQUISITION COR*W EXP 08/31/2020.04%$47,0001.09M
28PAGAYA TECHNOLOGIES LTD*W EXP 09/01/2020.02%$26,000127.9K
29QUANERGY SYSTEMS INC*W EXP 02/01/2020.00%$2,00050.0K
30MASON INDUSTRIAL TECHNOLGY I*W EXP 99/99/9990.00%$1,00015.0K
31L CATTERTON ASIA ACQUISITION*W EXP 03/08/2020.00%$1,00014.0K
32ONE EQUITY PARTNERS OPEN WTR*W EXP 01/14/2020.00%$1,00013.5K
33TCW SPECIAL PURPOSE ACQU COR*W EXP 99/99/9990.00%$1,00014.0K
34TECH AND ENERGY TRANSITION*W EXP 03/31/2020.00%$1,00013.0K
35TLG ACQUISITION ONE CORP*W EXP 01/25/2020.00%$1,00014.0K
36EUROPEAN BIOTECH ACQUTN CORP*W EXP 03/06/2020.00%$015.0K
37ATHLON ACQUISITION CORP*W EXP 01/12/2020.00%$013.7K
38AVANTI ACQUISITION CORP*W EXP 99/99/9990.00%$015.0K
39H I G ACQUISITION CORP*W EXP 99/99/9990.00%$012.5K
40SUSTAINABLE DEVELP ACQU I CO*W EXP 02/04/2020.00%$012.8K

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 ↗.