SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Sea Otter Advisors LLC

CIK 0001944662 · 1111 BRICKELL AVENUE, SUITE 2920, MIAMI, FL, 33131 · 646-762-9972

Reported Value
$180M
Q2 2023
Positions
265
Filings on Record
9
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Sea Otter Advisors LLC reported $180M in U.S.-listed holdings across 265 positions for Q2 2023.

The portfolio is heavily concentrated: OXY/WS alone accounts for 20.4% of reported value.

Compared with Q1 2023, the fund opened 96 new positions and exited 83.

Portfolio Metrics

Turnover
+44.2%
vs prior filed quarter
Top-10 Concentration
+36.8%
share of reported value
Largest Position
+20.4%
Occidental Pete Corp Wt Exp 080327
New / Exited
96 / 83
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
Q3 ’22: $48MQ3 ’22Q4 ’22: $67MQ1 ’23: $196MQ1 ’23Q2 ’23: $180MQ3 ’23: $179MQ3 ’23Q4 ’23: $151MQ1 ’24: $21MQ1 ’24Q2 ’24: $14MQ3 ’24: $2MQ3 ’24filingsflow.com

Portfolio Composition

By security type
Other: 70.1%Equity WRT: 20.6%Common Stock: 4.7%Closed-End Fund: 4.0%ETP: 0.6%Right: 0.0%
  • Other · 70.1% · $127M
  • Equity WRT · 20.6% · $37M
  • Common Stock · 4.7% · $8M
  • Closed-End Fund · 4.0% · $7M
  • ETP · 0.6% · $1M
  • Right · 0.0% · $84,926

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR S&P 500 ETF TRUSTNEW+45.0K45.0K+$20M$20M
SPDR S&P 500 ETF TRUSTNEW+20.0K20.0K+$9M$9M
APOLLO STRATEGIC GRWT CPTL II SHS CL ANEW+528.3K528.3K+$5M$5M
NOCTURNE ACQUISITION CORP ORDINARY SHARESNEW+296.6K296.6K+$3M$3M
SIRIUS XM HOLDINGS INCNEW+632.6K632.6K+$3M$3M
TESLA INCNEW+9.7K9.7K+$3M$3M
PONO CAP THREE INC ORD SHS CL ANEW+230.0K230.0K+$2M$2M
ATLANTIC COASTAL AQSTN CORP II CLASS A COMNEW+208.1K208.1K+$2M$2M

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

Holdings — Q2 2023

220 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OXY/WSOCCIDENTAL PETE CORP WT EXP 080327history →*W EXP 08/03/20220.45%$37M1.00M
2APOLLO STRATEGIC GRWT CPTL II SHS CL ASHS CL A3.02%$5M528.3K
3INVESTCORP EUROPE ACQUISI-ACLASS A ORD SHS2.21%$4M373.9K
4OCA ACQUISITION CORP COM CL ACOM CL A2.13%$4M367.5K
5NOCTURNE ACQUISITION CORP ORDINARY SHARESORDINARY SHARES1.82%$3M296.6K
6LIBERTY MEDIA CORP DEL COM LBTY SRM S ACOM1.54%$3M84.5K
7LF CAPITAL ACQUISITION -CLACLASS A COM1.48%$3M250.0K
8ESGEN ACQUISITION CORP SHS CL ASHS CL A1.45%$3M241.1K
9PONO CAP THREE INC ORD SHS CL AORD SHS CL A1.33%$2M230.0K
10TLGY ACQUISITION CORPORATION CLASS A ORD SHSCLASS A ORD SHS1.32%$2M220.9K
11EMBRACE CHANGE ACQUISITN CORP ORDINARY SHARESORDINARY SHARES1.26%$2M215.6K
12CENTER COAST BRKFLD MLP ENRGY SHS BEN INTSHS BEN INT1.25%$2M115.8K
13ISRAEL ACQUISITIONS CORP CLASS A ORDCLASS A ORD1.24%$2M214.5K
14ACRI CAPITAL ACQUISITION CORP COM CL ACOM CL A1.23%$2M205.1K
15MOUNTAIN & CO I ACQUISITIONCLASS A ORD1.20%$2M199.6K
16ATLANTIC COASTAL AQSTN CORP II CLASS A COMCLASS A COM1.20%$2M208.1K
17BELLEVUE LIFE SCIENCES ACQUICOM1.14%$2M200.0K
18TSLATESLA INChistory →COM1.09%$2M7.5K
19PRIME NO ACQUISITION I CORP COM CL ACOM CL A0.96%$2M164.1K
20NVGNUVEEN AMT FREE MUN CR INC FDCOM0.94%$2M145.0K
21DISTOKEN ACQUISITION CORP ORDINARY SHARESORDINARY SHARES0.86%$2M150.0K
22ROIVANT SCIENCES LTD WT EXP 093026*W EXP 09/30/2020.84%$2M612.8K
23BLEUACACIA LTD CLASS A ORD SHSCLASS A ORD SHS0.75%$1M131.8K
24INFINT ACQUISITION CORP CL A ORD SHSCL A ORD SHS0.73%$1M121.4K
25MARS ACQUISITION CORP ORDINARY SHARESORDINARY SHARES0.69%$1M120.0K
26DENALI CAPITAL ACQUISITN CORP CLASS A ORDCLASS A ORD0.68%$1M114.0K
27NHSNEUBERGER BERMAN HIGH YIELD STCOM0.65%$1M156.1K
28WORLDWIDE WEBB ACQUISITION COR CLASS A ORD SHSCLASS A ORD SHS0.63%$1M109.2K
29NZFNUVEEN MUNICIPAL CREDIT INC FD COM SH BEN INTCOM SH BEN INT0.63%$1M97.0K
30TKB CRITICAL TECHNOLOGIES 1 CLASS A ORDCLASS A ORD0.62%$1M105.0K
31INNOVATIVE INTL ACQUSITIN CORP CLASS A ORDCLASS A ORD0.60%$1M99.9K
32MIRION TECHNOLOGIES INC WT EXP 102026*W EXP 10/20/2020.58%$1M570.8K
33NUVEEN PFD & INCOME SECS FDCOM0.53%$956,362149.9K
34GSR II METEORA ACQUISITN CORP CLASS A COMCLASS A COM0.47%$844,335261.4K
35ACTIVISION BLIZZARD INCCOM0.47%$843,00010.0K
36HORIZON SPACE ACQUISITION IORDINARY SHARES0.43%$779,25075.0K
37METAL SKY STAR ACQUISITION CORDINARY SHARES0.42%$753,54068.6K
38SAGALIAM ACQUISITION CORP COM CL ACOM CL A0.42%$753,16869.1K
39SK GROWTH OPPORTUNITIES CO-ACLASS A COM0.41%$746,59570.5K
40BRWSABA CAPITAL INCOME & OPRNT FD SHS NEWSHS NEW0.41%$731,50095.0K
41TMT ACQUISITION CORPSHS0.40%$715,40070.0K
42QUADRO ACQUISITION ONE CORP CL A SHSCL A SHS0.39%$709,40867.8K
43AIB ACQUISITION CORPORATION CLASS A ORDCLASS A ORD0.39%$696,55764.3K
44KRANESHARES TR CSI CHI INTERNETCOM0.37%$673,25025.0K
45GLOBAL STAR ACQUISITION-CL ACLASS A COM · RIGHT 06/21/2024 · *W EXP 07/15/2020.35%$637,740180.0K
46ENERGEM CORP CLASS A ORD SHSCLASS A ORD SHS0.35%$637,07558.8K
47TYGTORTOISE ENERGY INFRA CORPCOM0.35%$636,19521.9K
48ARES ACQUISITION CORPORATION COM CL ACOM CL A0.35%$634,20060.0K
49GOLDMAN SACHS MLP ENERGY RENAICOM0.35%$633,01340.3K
50CONSILIUM ACQUISITION CORP ICLASS A ORD SHS0.33%$587,44056.0K
51STONEBRIDGE ACQUISITION CORP CLASS A ORD SHSCLASS A ORD SHS0.31%$565,30752.1K
52OAKUOAK WOODS ACQUISITION CORP CL ACL A0.31%$564,30055.0K
53NUSCALE PWR CORP WT EXP 050227*W EXP 05/02/2020.30%$547,764434.7K
54XNEAXNUVEEN AMT FREE QLTY MUN INCMECOM0.30%$546,50050.0K
55RIGEL RESOURCE ACQ CORP CL A ORD SHSCL A ORD SHS0.30%$536,00050.0K
56INVESTCORP INDIA ACQUISITI-ACLASS A ORD SHS0.30%$535,00050.0K
5726 CAPITAL ACQUISITION COR-ACOM CL A0.29%$523,98048.7K
58FORLFOUR LEAF ACQUISITION CORP COM CL ACOM CL A0.29%$516,00050.0K
59ALPHAVEST ACQUISITION CORP ORDINARY SHARESORDINARY SHARES0.27%$484,70046.3K
60KAYNE ANDERSON NEXTGEN ENRGYCOM0.27%$480,67067.7K
61CETUS CAP ACQUISITION CORP CLASS A COMCLASS A COM0.26%$461,70045.0K
62MURPHY CANYON ACQUISITION -ACLASS A COM0.25%$453,59842.4K
63AP ACQUISITION CORP-ACL A ORD SHS0.24%$430,40040.0K
64XOPSPDR S&P OIL & GAS EXP & PRS&P OILGAS EXP0.23%$412,2563.2K
65VAHANNA TECH EDGE ACQUISI-ACLASS A ORD0.23%$407,82038.4K
66DKDELEK US HLDGS INC NEWCOM0.20%$366,53115.3K
67NUNU HLDGS LTD ORD SHS CL AORD SHS CL A0.17%$315,60040.0K
68GDSTGOLDENSTONE ACQUISITION LTDCOM0.16%$290,86127.4K
69JOBY AVIATION INC WT EXP 081026*W EXP 08/10/2020.14%$249,10094.0K
70KAIROUS ACQUISITION CORP LTD ORDINARY SHARESORDINARY SHARES0.14%$248,77622.6K
71LIBERTY MEDIA CORP DEL COM C SIRIUSXMCOM C SIRIUSXM0.14%$245,4757.5K
72KNIGHTSWAN ACQUISITION CORP CL A COMCL A COM0.13%$237,82522.5K
73EFFECTOR THERAPEUTICS INCCOM0.12%$219,125263.9K
74AURORA TECHNOLOGY ACQUISITION CLASS A ORD SHSCLASS A ORD SHS · RIGHT 01/27/2027 · *W EXP 01/27/2020.11%$201,432191.7K
75XPMAXPIONEER MUNICIPAL HIGH INCOMECOM0.10%$181,01322.9K
76PNSTQBANYAN ACQUISITION CORPORATION CL A COMCL A COM0.10%$178,20417.1K
77SRVNXG CUSHING MIDSTREAM ENERGY COM NEWCOM NEW0.10%$177,8854.8K
78NOVA VISION ACQUISITION CORPCOM · RIGHT 12/23/2023 · *W EXP 12/31/2020.09%$161,97584.4K
79PDXPIMCO ENERGY & TACTICAL CR OPP COM SHS BEN INTCOM SHS BEN INT0.09%$157,60010.0K
80NADNUVEEN QUALITY MUNCP INCOME FDCOM0.09%$157,04713.9K
81TRADEUP ACQUISITION CORPCOM · *W EXP 07/19/2020.09%$154,26254.0K
82NXGNXG NEXTGEN INFRASTR INCM FDCOM0.09%$154,0314.0K
83CLEARBRIDGE MLP AND MIDSTRM TRCOM0.09%$153,4154.8K
84XNDPXTORTOISE ENERGY INDEPENDENC FDCOM0.08%$143,7505.0K
85MARBLEGATE ACQUISITION COR-ACOM CL A0.08%$135,46013.0K
86OXBRIDGE ACQUISITION CORP COM CL ACOM CL A0.07%$120,86411.1K
87NUVEEN PREFERRED AND INCOME FD COM SHS BEN INTCOM SHS BEN INT0.06%$113,1957.0K
88GENERATION ASIA I ACQUISIT-ACL A ORD SHS0.06%$105,20010.0K
89BELONG ACQUISITION CORP-ACLASS A COM0.06%$100,0039.8K
90CCIFVERTICAL CAP INCOME FD SHS BEN INTSHS BEN INT0.06%$99,50010.0K
91RUMBWRUMBLE INC WT EXP 091627*W EXP 09/16/2020.05%$98,86647.1K
92SCIPLAY CORPORATION CL ACL A0.05%$98,7745.0K
93EMOCLEARBRIDGE ENERGY MIDSTRM OPPCOM0.05%$89,9683.0K
94TECHNOLOGY & TELECOM ACQ CORP CLASS A ORD SHSCLASS A ORD SHS0.05%$84,0857.7K
95RENEW ENERGY GLOBAL PLC WT EXP 082126*W EXP 08/21/2020.04%$80,000100.0K
96QSRRESTAURANT BRANDS INTL INCCOM0.04%$77,5201.0K
97FIRST TR MLP & ENERGY INCOM FDCOM0.04%$77,10010.0K
98ALSET CAPITAL ACQUISITION CORP RTRIGHT 01/31/20270.04%$72,147228.5K
99XFDEXFIRST TR DYNAMIC EUROPE EQUITY COM SHSCOM SHS0.04%$65,5505.0K
100DATA KNIGHTS ACQUISITION C-ACLASS A COM0.04%$64,3605.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2024$2M5Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$14M47Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$21M116May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$151M196Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$179M264Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$180M265Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$196M276May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$67M76Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$48M52Nov 14, 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 ↗.