SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Dryden Capital, LLC

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

Reported Value
$76M
Q4 2022
Positions
41
Filings on Record
11
2019–present window
Filed
Feb 14, 2023
original filing

Summary

Dryden Capital, LLC reported $76M in U.S.-listed holdings across 41 positions for Q4 2022.

Its largest position, Iconic Sports Acquisition, represents 17.9% of the portfolio.

Compared with Q3 2022, the fund opened 7 new positions and exited 23.

Portfolio Metrics

Turnover
+16.1%
vs prior filed quarter
Top-10 Concentration
+93.6%
share of reported value
Largest Position
+17.9%
Iconic Sports Acquisition
New / Exited
7 / 23
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: 93.1%Common Stock: 6.3%Equity WRT: 0.6%
  • Other · 93.1% · $70M
  • Common Stock · 6.3% · $5M
  • Equity WRT · 0.6% · $474,962

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPRING VALLEY ACQUISTN CORPNEW+750.0K750.0K+$8M$8M
PORTAGE FINTECH ACQUISITN CONEW+645.0K645.0K+$6M$6M
ACTIVISION BLIZZARD INCNEW+2.0K2.0K+$153,100$153,100
SPRING VALLEY ACQUISTN CORPNEW+750.6K750.6K+$127,602$127,602
ASRVAMERISERV FINL INCNEW+23.5K23.5K+$92,637$92,637
PORTAGE FINTECH ACQUISITN CONEW+629.2K629.2K+$88,086$88,086
SPRING VALLEY ACQUISTN CORPNEW+375.1K375.1K+$71,269$71,269
SOUND POINT ACQUISITION CORPADDED+58.0K75.6K+$602,559$781,559

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

Holdings — Q4 2022

30 positions
#IssuerClass% PortfolioValueShares
1ICONIC SPORTS ACQUISITION COCOM · WRT17.90%$14M2.28M
2KENSINGTON CAPITAL ACQUISITICOM · WRT15.88%$12M2.43M
3INVESTCORP EUROPE ACQUISITIOCOM · WRT12.19%$9M1.79M
4CONCORD ACQUISITION CORP IIICOM · WRT10.68%$8M1.63M
5SPRING VALLEY ACQUISTN CORPCOM · RIGHT · WRT10.31%$8M1.88M
6PORTAGE FINTECH ACQUISITN COCOM · WRT8.67%$7M1.27M
7DECARBONIZATION PLUS ACQUISICOM · WRT7.89%$6M1.34M
8EXCELFIN ACQUISITION CORPCOM · WRT7.32%$6M1.23M
9AVTRAVANTOR INChistory →COM1.39%$1M50.0K
10WTWWILLIS TOWERS WATSON PLC LTDhistory →COM1.38%$1M4.3K
11FISFIDELITY NATL INFORMATION SVhistory →COM1.26%$949,90014.0K
12SOUND POINT ACQUISITION CORPCOM · WRT1.06%$798,569415.8K
13WILLIAM PENN BANCORPORATIONCOM0.97%$732,35160.4K
14FISVFISERV INCCOM0.94%$707,4907.0K
15ICLRICON PLCCOM0.51%$388,5002.0K
16CLSTCATALYST BANCORP INCCOM0.51%$383,80730.2K
17AMPX/WSAMPRIUS TECHNOLOGIES INCWRT0.48%$364,7581.26M
18ACTIVISION BLIZZARD INCCOM0.20%$153,1002.0K
19HPX CORPWRT0.15%$109,998261.9K
20LVWR/WSLIVEWIRE GROUP INCWRT0.14%$109,397397.8K
21ASRVAMERISERV FINL INCCOM0.12%$92,63723.5K
22PAGAYA TECHNOLOGIES LTDWRT0.02%$12,137127.9K
23NOGIN INCWRT0.01%$10,484540.2K
24EUROPEAN BIOTECH ACQUTN CORPWRT0.01%$4,47015.0K
25PMVCWPMV CONSUMER ACQUISITION CORWRT0.00%$807747.6K
26L CATTERTON ASIA ACQUISITIONWRT0.00%$62014.0K
27TLG ACQUISITION ONE CORPWRT0.00%$57414.0K
28SUSTAINABLE DEVELP ACQU I COWRT0.00%$51212.8K
29TECH AND ENERGY TRANSITIONWRT0.00%$43013.0K
30MASON INDUSTRIAL TECHNOLGY IWRT0.00%$30015.0K

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 ↗.