SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Sea Otter Advisors LLC

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

Reported Value
$151M
Q4 2023
Positions
196
Filings on Record
9
2019–present window
Filed
Feb 14, 2024
original filing

Summary

Sea Otter Advisors LLC reported $151M in U.S.-listed holdings across 196 positions for Q4 2023.

The portfolio is heavily concentrated: OXY/WS alone accounts for 25.0% of reported value.

Compared with Q3 2023, the fund opened 31 new positions and exited 104.

Portfolio Metrics

Turnover
+41.9%
vs prior filed quarter
Top-10 Concentration
+42.6%
share of reported value
Largest Position
+25.0%
Occidental Pete
New / Exited
31 / 104
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
Equity WRT: 26.4%Other: 25.8%Common Stock: 17.6%ETP: 17.1%Closed-End Fund: 9.4%Other: 3.6%
  • Equity WRT · 26.4% · $40M
  • Other · 25.8% · $39M
  • Common Stock · 17.6% · $27M
  • ETP · 17.1% · $26M
  • Closed-End Fund · 9.4% · $14M
  • Other · 3.6% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPYSPDR S&P 500 ETFNEW+50.0K50.0K+$24M$24M
SIRIUS XM HOLDINGS INCNEW+1.69M1.69M+$15M$15M
GIGCAPITAL 5 INC COMMON STOCKNEW+356.5K356.5K+$4M$4M
SRVNXG CUSHING MIDSTREAM ENERGY COM NEWNEW+69.7K69.7K+$2M$2M
CONCORD ACQUISITION CORP III COM CL ANEW+174.0K174.0K+$2M$2M
FOCUS IMPACT BH3 ACQUISITION CLASS A COMNEW+162.8K162.8K+$2M$2M
JPCNUVEEN PFD & INCOME OPPORTUNITNEW+200.2K200.2K+$1M$1M
FLAME ACQUISITION CORP COM CL ANEW+100.0K100.0K+$1M$1M

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

Holdings — Q4 2023

170 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OXY/WSOCCIDENTAL PETE CORPhistory →*W EXP 08032725.00%$38M998.5K
2LIBERTY MEDIA CORP DEL COM LBTY SRM S ACOM3.21%$5M169.0K
3GIGCAPITAL 5 INC COMMON STOCKCOM2.59%$4M356.5K
4KYNKAYNE ANDERSON ENERGY INFRSTRhistory →COM1.88%$3M323.8K
5BLUERIVER ACQUISITION CORP CL A ORD SHSCL A ORD SHS1.87%$3M265.3K
6WELSBACH TECH METALS ACQU CORPCOM1.81%$3M253.8K
7TLGY ACQUISITION CORPORATION CLASS A ORD SHSCOM1.62%$2M220.9K
8SRVNXG CUSHING MIDSTREAM ENERGY COM NEWhistory →COM1.56%$2M69.7K
9ISRAEL ACQUISITIONS CORP CLASS A ORDCLASS A ORD1.52%$2M214.5K
10ACRI CAPITAL ACQUISITION CORP COM CL ACOM CL A1.50%$2M205.1K
11TYGTORTOISE ENERGY INFRA CORPhistory →COM1.35%$2M71.0K
12TSLATESLA INChistory →COM1.23%$2M7.5K
13CONCORD ACQUISITION CORP III COM CL ACOM CL A1.22%$2M174.0K
14FOCUS IMPACT BH3 ACQUISITION CLASS A COMCOM1.13%$2M162.8K
15OKLOALTC ACQUISITION CORP COM CL Ahistory →COM CL A1.05%$2M150.0K
16NORTHERN STAR INVSTMNT CORP IICLASS A0.98%$1M143.6K
17MIRION TECHNOLOGIES INC*W EXP 1020260.95%$1M706.0K
18JPCNUVEEN PFD & INCOME OPPORTUNITCOM0.90%$1M200.2K
19IONQ/WSIONQ INC WT EXP 100126*W EXP 1001260.88%$1M302.5K
20MARS ACQUISITION CORP ORDINARY SHARESCOM0.84%$1M120.0K
21CLEARBRIDGE MLP AND MIDSTRM FDCOM0.80%$1M30.3K
22ROTH CH ACQUISITION CO CLASS A ORDCLASS A ORD0.76%$1M105.0K
23FLAME ACQUISITION CORP COM CL ACOM CL A0.75%$1M100.0K
24GDSTGOLDENSTONE ACQUISITION LTDCOM0.73%$1M102.0K
25BRWSABA CAPITAL INCOME & OPRNT FD SHS NEWCOM0.71%$1M140.0K
26EMOCLEARBRIDGE ENERGY MIDSTRM OPPCOM0.55%$825,78823.6K
27NXGNXG NEXTGEN INFRASTR INCM FDCOM0.52%$783,47922.0K
28XTTPXTORTOISE PIPELINE & ENERGY FDCOM0.50%$750,42526.7K
29TMT ACQUISITION CORPCOM0.49%$742,00070.0K
30AIB ACQUISITION CORPORATION CLASS A ORDCLASS A ORD0.49%$738,32464.3K
31AERIES TECHNOLOGY INC CL A ORD SHSCL A ORD SHS0.48%$725,328290.1K
32OCA ACQUISITION CORP COM CL ACOM0.48%$723,23267.0K
33FIRST TR MLP & ENERGY INCOM FDCOM0.47%$707,02582.5K
34A SPAC II ACQUISITION CORP ORD SHS CL ASHS CL A0.47%$705,73765.0K
35SAGALIAM ACQUISITION CORP COM CL ACOM CL A0.43%$656,34760.1K
36FSCOFS CREDIT OPPORTUNITIES CORP COMMON STOCKCOM0.42%$632,262111.5K
37METALS ACQUISITION LIMITED*W EXP 0615280.41%$615,140359.7K
38OAKUOAK WOODS ACQUISITION CORP CL ACL A · *W EX 0323280.38%$580,580110.0K
39BITCOIN DEPOT INCCOM0.38%$579,876179.5K
40NET POWER INC*W EXP 0608280.36%$550,722250.3K
41FORLFOUR LEAF ACQUISITION CORP COM CL ACOM CL A0.35%$523,87549.8K
42RENEW ENERGY GLOBAL PLC*W EXP 0821260.33%$500,797439.3K
43NUNU HLDGS LTD ORD SHS CL ACOM0.33%$499,80060.0K
44LIBERTY MEDIA CORP DEL COM LBTY SRM S CCOM0.32%$489,26017.0K
45CETUS CAP ACQUISITION CORP CLASS A COMCLASS A COM0.31%$472,50045.0K
46JOBY AVIATION INC WT EXP 081026*W EXP 0810260.26%$391,947321.3K
47ACE GLOBAL BUSINESS ACQU LTD ORDINARY SHARESCOM0.25%$380,35832.2K
48XNDPXTORTOISE ENERGY INDEPENDENC FDCOM0.23%$349,10712.2K
49KRANESHARES TR CSI CHI INTERNETCOM0.23%$342,90012.7K
50FLAME ACQUISITION CORP*W EXP 0226260.21%$313,625162.5K
51XOPSPDR SER TR S&P OILGAS EXPCOM0.20%$301,2022.2K
52NVGNUVEEN AMT FREE MUN CR INC FDCOM0.20%$295,50025.0K
53NZFNUVEEN MUNICIPAL CREDIT INC FD COM SH BEN INTCOM0.20%$295,50025.0K
54ZTRVIRTUS TOTAL RETURN FD INCCOM0.18%$272,33749.4K
55CLEARBRIDGE MLP AND MIDSTRM TRCOM0.18%$265,7477.3K
56FST TR NEW OPPORT MLP & ENE FDCOM0.15%$224,28832.6K
57MORINGA ACQUISITION CORP CL A SHSCL A SHS0.15%$222,96820.6K
58SIRIUS XM HOLDINGS INCCOM0.14%$218,80040.0K
59GRINDR INC*W EXP 1118270.14%$213,761118.1K
60CCIFCARLYLE CREDIT INCOME FUND SHS BEN INTCOM0.13%$198,75025.0K
61TEMPLETON GLOBAL INCOME FDCOM0.12%$188,74249.8K
62OABIWOMNIAB INC*W EXP 1101270.10%$149,677145.3K
63XCXHXMFS INVT GRADE MUN TR SH BEN INTCOM0.08%$124,71616.5K
64HCM ACQUISITION CO CLASS A ORD SHSCLASS A ORD SHS0.07%$107,0379.6K
65TORTOISE PWR & ENERGY INFRASTRCOM0.06%$95,1006.8K
66DEEP MEDICINE ACQUISITION CORP RTRIGHT 10/22/20260.06%$90,000300.0K
67PAYONEER GLOBAL INC*W EXP 0625260.06%$89,284260.0K
68ALSET CAPITAL ACQUISITION CORP RTRIGHT 01/31/20270.06%$84,000400.0K
69NMLNEUBERGER BERMAN ENERGY INFRACOM0.05%$68,80010.0K
70SCREAMING EAGLE ACQUISITION EQUITY WARRANT*W EXP 01/05/2020.04%$65,760146.1K
71NIKOLA CORPCOM0.04%$63,42372.5K
72OMQSOMNIQ CORPCOM0.04%$62,52296.1K
73MOUNTAIN CREST ACQUSITN CRP IV RTRIGHT 06/29/20260.04%$59,970300.0K
74GENERATION ASIA I ACQUISITION EQUITY WARRANTS*W EXP 99/99/9990.04%$56,024466.5K
75ZALATORIS ACQUISITION CORP WT EXP*W EXP 99/99/9990.03%$51,969530.3K
76AURORA TECHNOLOGY ACQUISITION RTRIGHT 01/27/20270.03%$38,589208.6K
77COEPTIS THERAPEUTICS HLDGS INCCOM0.02%$35,27645.0K
78NOCTURNE ACQUISITION CORP RTRIGHT 12/26/20250.02%$33,238201.7K
79GOLDEN STAR ACQUISITION CORP RTRIGHT 03/30/20250.02%$33,000200.0K
80PERCEPTION CAPITAL CORP III*W EXP 0708260.02%$31,996266.6K
81CURICURIOSITYSTREAM INC COM CL ACOM0.02%$29,11153.9K
82CNXXWCONX EQUITY WARRANT*W EXP 03/16/2020.02%$28,03991.6K
83SYSTEM1 INC CL A COMCOM0.02%$27,75012.5K
84PNSWQBANYAN ACQUISITION CORPORATION*W EXP 0930280.02%$25,83070.0K
85VIVEON HEALTH ACQUISITION CORIGHT 12/31/20250.01%$22,348332.6K
86MCAGRMOUNTAIN CREST ACQSITN CORP V RTRIGHT 08/30/20220.01%$21,620200.0K
87BRZHRBREEZE HOLDINGS ACQUISITN CORPRIGHT 05/23/20220.01%$21,183325.9K
88MARS ACQUISITION CORP RTRIGHT 02/09/20280.01%$20,38392.7K
89L CATTERTON ASIA ACQUISITION EQUITY WARRAN*W EXP 03/08/2020.01%$19,43029.0K
90REVANCE THERAPEUTICS INCCOM0.01%$17,5802.0K
91INVESTCORP EUROPE ACQUISITION I EQUITY WARRANT*W EXP 12/15/2020.01%$17,16174.9K
92NOTEWFISCALNOTE HOLDINGS INCWT EXP 0729270.01%$15,62050.0K
93Globalink Investment IncRIGHT 12/06/20260.01%$15,190140.0K
94A SPAC I ACQUISITION CORP RTRIGHT 12/09/20260.01%$15,110100.0K
95Pono Capital Three Inc WarrantsWARRANT0.01%$14,203202.9K
96IGTARINCEPTION GROWTH ACQUSTN LTD RTRIGHT 12/08/20260.01%$14,189108.3K
97FOCUS IMPACT BH3 ACQUISITION EQUITY WARRANT*W EXP 05/28/2020.01%$13,500225.0K
98CHURCHILL CAPITAL CORP VII*W EXP 02/29/2020.01%$13,010100.0K
99COMPASS DIGITAL ACQUISITN CORP*W EXP 0929260.01%$12,736257.8K
100KEYARCH ACQUISITION CORP RTRIGHT 01/24/20270.01%$12,540200.0K

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 ↗.