SEC 13F Intelligence

Managers / Q2 2024 · view latest →

Sea Otter Advisors LLC

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

Reported Value
$14M
Q2 2024
Positions
47
Filings on Record
9
2019–present window
Filed
Aug 14, 2024
original filing

Summary

Sea Otter Advisors LLC reported $14M in U.S.-listed holdings across 47 positions for Q2 2024.

The portfolio is heavily concentrated: CLM alone accounts for 26.7% of reported value.

Compared with Q1 2024, the fund opened 12 new positions and exited 81.

Portfolio Metrics

Turnover
+66.0%
vs prior filed quarter
Top-10 Concentration
+74.9%
share of reported value
Largest Position
+26.7%
Cornerstone Strategic Value
New / Exited
12 / 81
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
Closed-End Fund: 56.5%Common Stock: 17.5%Other: 17.5%ETP: 5.1%Equity WRT: 3.0%Right: 0.5%
  • Closed-End Fund · 56.5% · $8M
  • Common Stock · 17.5% · $3M
  • Other · 17.5% · $3M
  • ETP · 5.1% · $728,950
  • Equity WRT · 3.0% · $428,403
  • Right · 0.5% · $65,780

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CLMCORNERSTONE STRATEGIC VALUENEW+500.0K500.0K+$4M$4M
NIKOLA CORPNEW+308.5K308.5K+$3M$3M
IFNINDIA FD INCNEW+66.0K66.0K+$1M$1M
CRFCORNERSTONE TOTAL RETURN FDNEW+100.0K100.0K+$785,000$785,000
BTCOINVESCO GALAXY BITCOIN ETFNEW+12.2K12.2K+$728,950$728,950
GP-ACT III ACQUISITION CORPNEW+50.0K50.0K+$500,999$500,999
FSCOFS CREDIT OPPORTUNITIES CORPNEW+60.0K60.0K+$382,200$382,200
PCFHIGH INCOME SECS FDNEW+10.0K10.0K+$69,900$69,900

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

Holdings — Q2 2024

45 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CLMCORNERSTONE STRATEGIC VALUEhistory →COM26.70%$4M500.0K
2XRSFXRIVERNORTH CAP AND INCM FD Ihistory →COM12.78%$2M120.0K
3IFNINDIA FD INChistory →COM8.18%$1M66.0K
4SABLE OFFSHORE CORP*W EXP 99/99/9995.55%$799,600187.3K
5CRFCORNERSTONE TOTAL RETURN FDhistory →COM5.44%$785,000100.0K
6BTCOINVESCO GALAXY BITCOIN ETFhistory →COM SHS BEN INT5.06%$728,95012.2K
7GP-ACT III ACQUISITION CORPUNIT 99/99/99993.47%$500,99950.0K
8BITCOIN DEPOT INCCOM2.88%$415,156230.6K
9FSCOFS CREDIT OPPORTUNITIES CORPhistory →COMMON STOCK2.65%$382,20060.0K
10AERIES TECHNOLOGY INCCL A ORD SHS2.17%$313,472165.9K
11IONQ/WSIONQ INChistory →*W EXP 10/01/2021.75%$252,191170.4K
12FOCUS IMPACT BH3 ACQUISITIONCLASS A COM1.34%$192,86818.0K
13NET POWER INC*W EXP 06/08/2021.12%$160,86870.2K
14GOLDEN STAR ACQUISITION CORPRIGHT 03/30/20250.50%$72,800200.0K
15PCFHIGH INCOME SECS FDSHS BEN INT0.48%$69,90010.0K
16INTUITIVE MACHINES INC*W EXP 99/99/9990.41%$59,11586.9K
17NIKOLA CORPCOM NEW0.30%$43,6775.3K
18BRWSABA CAPITAL INCOME & OPRNTSHS NEW0.24%$35,2005.0K
19CHURCHILL CAPITAL CORP VII*W EXP 02/29/2020.24%$34,93099.8K
20MCAGRMOUNTAIN CREST ACQSITN CORPRIGHT 08/30/20220.16%$22,620200.0K
21MARS ACQUISITION CORPRIGHT 02/09/20280.15%$22,19992.7K
22IGTARINCEPTION GROWTH ACQUSTN LTDRIGHT 12/08/20260.11%$16,247108.3K
23COMPASS DIGITAL ACQUISITN CO*W EXP 99/99/9990.11%$15,469257.8K
24WTMARWELSBACH TECH METALS ACQU CORIGHT 12/22/20260.10%$14,943124.7K
25TMT ACQUISITION CORPRIGHT 03/27/20280.10%$14,32242.0K
26CLOVER LEAF CAPITAL CORPRIGHT 05/31/20280.10%$14,17563.9K
27COEPTIS THERAPEUTICS HLDGS ICOM0.09%$13,00545.0K
28CETUS CAP ACQUISITION CORPRIGHT 03/31/20240.09%$12,82145.0K
29CSLM ACQUISITION CORPRIGHT 07/01/20230.07%$10,000100.0K
30ALPHATIME ACQUISITION CORPRIGHT 03/01/20280.07%$9,70465.9K
31OAK WOODS ACQUISITION CORPRIGHT 03/23/20280.06%$8,25033.0K
32PNSWQPINSTRIPES HOLDINGS INC*W EXP 09/30/2020.05%$7,78470.0K
33NOVA VISION ACQUISITION CORPRIGHT 12/23/20230.04%$5,60035.0K
34INVESTCORP EUROPE ACQUISITIO*W EXP 12/15/2020.04%$5,28772.9K
35ALPHAVEST ACQUISITION CORPRIGHT 07/04/20240.03%$4,50046.3K
36NORTHVIEW ACQUISITION CORPRIGHT 99/99/99990.03%$3,72036.4K
37EFTREFFECTOR THERAPEUTICS INCCOM NEW0.02%$3,06310.6K
38LOTWWLOTUS TECHNOLOGY INC*W EXP 02/22/2020.02%$3,0038.0K
39NEW HORIZON AIRCRAFT LTD*W EXP 99/99/9990.02%$2,980196.1K
40AUSTRALIAN OILSEEDS HLDGS LT*W EXP 11/16/2020.02%$2,236130.0K
41VISION SENSING ACQUISITION C*W EXP 99/99/9990.01%$1,48574.6K
42DIH HLDG US INC*W EXP 04/20/2020.01%$1,37234.3K
43INSIGHT ACQUISITION CORP*W EXP 08/26/2020.01%$97525.0K
44DUET ACQUISITION CORP*W EXP 07/19/2020.00%$41727.8K
45CALIDI BIOTHERAPEUTICS INC*W EXP 03/14/2020.00%$2054.9K

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 ↗.