SEC 13F Intelligence

Managers / Q2 2025 · view latest →

BCK CAPITAL MANAGEMENT LP

CIK 0001819275 · 1010 WASHINGTON BOULEVARD, 7TH FLOOR, STAMFORD, CT, 06901 · 203-989-9660

Reported Value
$116M
Q2 2025
Positions
84
Filings on Record
22
2019–present window
Filed
Aug 7, 2025
original filing

Summary

Bck Capital Management LP reported $116M in U.S.-listed holdings across 84 positions for Q2 2025.

Its largest position, KEL, represents 11.7% of the portfolio.

Compared with Q1 2025, the fund opened 38 new positions and exited 24.

Portfolio Metrics

Turnover
+42.1%
vs prior filed quarter
Top-10 Concentration
+47.7%
share of reported value
Largest Position
+11.7%
Kellanova
New / Exited
38 / 24
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 ’20: $125MQ4 ’20Q1 ’21: $182MQ2 ’21: $200MQ3 ’21: $167MQ3 ’21Q4 ’21: $148MQ1 ’22: $167MQ2 ’22: $129MQ2 ’22Q3 ’22: $139MQ4 ’22: $97MQ1 ’23: $115MQ1 ’23Q2 ’23: $131MQ3 ’23: $197MQ4 ’23: $102MQ4 ’23Q1 ’24: $147MQ2 ’24: $155MQ3 ’24: $167MQ3 ’24Q4 ’24: $138MQ1 ’25: $129MQ2 ’25: $116MQ2 ’25Q3 ’25: $94MQ4 ’25: $23MQ1 ’26: $23MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 76.2%Other: 23.1%Equity WRT: 0.6%ETP: 0.0%
  • Common Stock · 76.2% · $88M
  • Other · 23.1% · $27M
  • Equity WRT · 0.6% · $742,890
  • ETP · 0.0% · $0

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GMS INCNEW+65.0K65.0K+$7M$7M
SKAASKECHERS U S A INCNEW+55.7K55.7K+$4M$4M
SAGE THERAPEUTICS INCNEW+297.0K297.0K+$3M$3M
TXNMTXNM ENERGY INCNEW+37.1K37.1K+$2M$2M
MAG SILVER CORPNEW+78.0K78.0K+$2M$2M
SRJSPARTANNASH CONEW+55.0K55.0K+$1M$1M
FAROFARO TECHNOLOGIES INCNEW+33.0K33.0K+$1M$1M
HARBORONE BANCORP INC NEWNEW+123.0K123.0K+$1M$1M

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

Holdings — Q2 2025

72 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KELKELLANOVAhistory →COM11.74%$14M171.0K
2JNPJUNIPER NETWORKS INChistory →COM7.67%$9M222.7K
3GMS INCCOM6.10%$7M65.0K
4ACIALBERTSONS COS INChistory →COMMON STOCK4.37%$5M235.2K
5SPIRIT AEROSYSTEMS HLDGS INCCOM CL A4.28%$5M129.9K
6COHEN CIRCLE ACQUISITION CORSHS CL A3.45%$4M364.6K
7SKAASKECHERS U S A INChistory →CL A3.03%$4M55.7K
8RADIUS RECYCLING INCCL A2.38%$3M92.9K
9SAGE THERAPEUTICS INCCOM2.34%$3M297.0K
10RENEW ENERGY GLOBAL PLCCL A SHS2.32%$3M389.8K
11GOOGLALPHABET INChistory →CAP STK CL A2.15%$2M14.1K
12WSCWILLSCOT HLDGS CORPhistory →COM CL A1.92%$2M81.1K
13TXNMTXNM ENERGY INChistory →COM1.80%$2M37.1K
14AAPLAPPLE INChistory →COM1.77%$2M10.0K
15IONQIONQ INCCOM · *W EXP 10/01/2021.61%$2M48.5K
16AEBAALLETE INChistory →COM NEW1.54%$2M27.8K
17MAG SILVER CORPCOM1.42%$2M78.0K
18AKXANSYS INChistory →COM1.40%$2M4.6K
19GENIGENIUS SPORTS LIMITEDhistory →SHARES CL A1.33%$2M148.5K
20IPINTERNATIONAL PAPER COhistory →COM1.31%$2M32.5K
21FYBRFRONTIER COMMUNICATIONS PAREhistory →COM1.29%$1M41.0K
22SRJSPARTANNASH COhistory →COM1.26%$1M55.0K
23FAROFARO TECHNOLOGIES INChistory →COM1.25%$1M33.0K
24HARBORONE BANCORP INC NEWCOM NEW1.24%$1M123.0K
25PROASSURANCE CORPCOM1.20%$1M61.0K
26COLUMBUS CIRCLE CAP CORP. ISHS CL A1.19%$1M130.0K
27CHURCHILL CAPITAL CORP IXCL A SHS1.18%$1M130.0K
28WOOFOOT LOCKER INChistory →COM1.18%$1M55.7K
29SITIO ROYALTIES CORPCLASS A COM1.16%$1M73.0K
30HESHESS CORPhistory →COM1.02%$1M8.5K
31MAC COPPER LIMITEDORD SHS0.98%$1M93.9K
32CHURCHILL CAP CORP XUNIT 05/14/20300.98%$1M110.0K
33ARES ACQUISITION CORP IISHS CLASS A · *W EXP 99/99/9990.93%$1M120.7K
34GSR III ACQUISITION CORPCL A0.91%$1M97.5K
35CENTURION ACQUISITION CORPSHS CL A0.91%$1M100.0K
36BLEICHROEDER ACQUISITION CORSHS CL A0.89%$1M100.0K
37JACKSON ACQUISITION CO IICOM SHS CL A0.89%$1M100.0K
38PLUM ACQUISITION CORP IVSHS CL A0.89%$1M100.0K
39BLUEPRINT MEDICINES CORPCOM0.84%$974,1687.6K
40AGRICULTURE & NAT SOL ACQ COSHS CL A0.82%$949,74487.5K
41SPRINGWORKS THERAPEUTICS INCCOM0.81%$939,80020.0K
42CHAMPIONX CORPORATIONCOM0.75%$867,14034.9K
43COLOMBIER ACQUISITION CORP ICOM SHS CL A0.74%$860,95255.7K
44VSTSVESTIS CORPORATIONCOM SHS0.73%$846,413147.7K
45DNBDUN & BRADSTREET HLDGS INCCOM0.73%$843,86192.8K
46XXYCROSS CTRY HEALTHCARE INCCOM0.67%$773,21259.3K
47CANTALOUPE INCCOM0.64%$736,33067.0K
48WBAWALGREENS BOOTS ALLIANCE INCCOM0.62%$723,24063.0K
49TRIUMPH GROUP INC NEWCOM0.62%$721,00028.0K
50AVDXAVIDXCHANGE HOLDINGS INCCOM0.61%$704,88072.0K
51CANTOR EQUITY PARTNERS II INCL A ORD SHS0.59%$689,37562.5K
52BASECOUCHBASE INCCOM0.55%$633,73426.0K
53HTZHERTZ GLOBAL HLDGS INCCOM NEW · *W EXP 06/30/2050.51%$590,436100.8K
54KVUEKENVUE INCCOM0.50%$575,57527.5K
55OXLEY BRIDGE ACQ LTDUNIT 06/17/20300.46%$538,03853.8K
56LIGHTWAVE ACQUISITION CORPUNIT 06/06/20300.46%$528,15052.5K
57MELAR ACQUISITION CORP. ISHS CL A0.45%$525,50050.0K
58SIM ACQUISITION CORP. ISHS CL A0.45%$521,10550.0K
59ROMAN DBDR ACQUISITION CORPORD SHS CL A0.45%$517,59350.2K
60KOCHAV DEFENSE ACQUI COUNIT 05/21/20300.44%$508,75050.0K
61CARTESIAN GROWTH CORP IIIUNIT 02/28/20320.44%$506,50050.0K
62SURMODICS INCCOM0.44%$505,07017.0K
63AXIOM INTELLIGENCE AC CORP 1UNIT 06/10/20300.44%$504,50050.0K
64DISDISNEY WALT COCOM0.42%$486,7393.9K
65CANTOR EQUITY PARTNERS III ISHS CL A0.39%$448,37542.5K
66OAKUOAK WOODS ACQUISITION CORPCL A0.37%$434,46837.1K
67MXMAGNACHIP SEMICONDUCTOR CORPCOM0.26%$295,58774.3K
68YORKVILLE ACQUISITION CORP.UNIT 06/06/20300.24%$281,25025.0K
69PLPLANET LABS PBCCOM CL A0.20%$226,51137.1K
70NXDRNEXTDOOR HOLDINGS INCCOM CL A0.05%$61,64137.1K
71POLESTAR AUTOMOTIVE HLDG UKADS C-10.05%$57,523399.2K
72GOGORO INC*W EXP 04/04/2020.00%$18113.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$23M21May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$23M7Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$94M93Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$116M84Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$129M72May 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$138M70Feb 18, 202513F-HRchanges · EDGAR ↗
Q3 2024$167M83Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$155M94Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$147M91May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$102M94Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$197M100Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$131M82Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$115M86May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$97M90Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$139M106Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$129M113Aug 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$167M153May 5, 202213F-HRchanges · EDGAR ↗
Q4 2021$148M132Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$167M146Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$200M143Jul 20, 202113F-HRchanges · EDGAR ↗
Q1 2021$182M142May 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$125M62Feb 11, 202113F-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 ↗.