SEC 13F Intelligence

Managers / Q2 2023 · view latest →

GRITSTONE ASSET MANAGEMENT LLC

CIK 0001964236 · 4800 HAMPDEN LANE, SUITE 200, BETHESDA, MD, 20814 · 240-470-7001

Reported Value
$82M
Q2 2023
Positions
131
Filings on Record
11
2019–present window
Filed
Aug 7, 2023
original filing

Summary

Gritstone Asset Management LLC reported $82M in U.S.-listed holdings across 131 positions for Q2 2023.

Its largest position, Ares Acquisition Corp II, represents 12.5% of the portfolio.

Compared with Q1 2023, the fund opened 19 new positions and exited 55.

Portfolio Metrics

Turnover
+46.1%
vs prior filed quarter
Top-10 Concentration
+39.9%
share of reported value
Largest Position
+12.5%
Ares Acquisition Corp II
New / Exited
19 / 55
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 ’22: $79MQ4 ’22Q1 ’23: $79MQ2 ’23: $82MQ2 ’23Q3 ’23: $80MQ1 ’25: $95MQ1 ’25Q2 ’25: $101MQ3 ’25: $97MQ3 ’25Q4 ’25: $105MQ1 ’26: $94MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Other: 98.3%Common Stock: 1.6%Equity WRT: 0.1%
  • Other · 98.3% · $80M
  • Common Stock · 1.6% · $1M
  • Equity WRT · 0.1% · $77,932

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ARES ACQUISITION CORP IINEW+995.0K995.0K+$10M$10M
ISRAEL ACQUISITIONS CORPNEW+298.5K298.5K+$3M$3M
SILVERBOX CORP IIINEW+199.0K199.0K+$2M$2M
ALCHEMY INVTS ACQUISITN CORPNEW+195.0K195.0K+$2M$2M
SPRING VALLEY ACQUISTN CORPNEW+178.6K178.6K+$2M$2M
INFLECTION PT ACQUISITN CRPNEW+155.0K155.0K+$2M$2M
SDCL EDGE ACQUISITION CORPNEW+145.3K145.3K+$2M$2M
TORTOISEECOFIN ACQUISITION CNEW+142.3K142.3K+$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 2023

90 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ARES ACQUISITION CORP IISHS CLASS A · *W EXP 99/99/99912.55%$10M1.49M
2ISRAEL ACQUISITIONS CORPCLASS A ORD · *W EXP 99/99/9993.97%$3M1.25M
3ELLIOTT OPPORTUNITY II CORPSHS CL A · *W EXP 03/02/2023.23%$3M1.01M
4ARES ACQUISITION CORPORATIONCOM CL A · *W EXP 02/02/2023.22%$3M1.09M
5EVE MOBILITY ACQUISITION CORCL A ORD SHS3.21%$3M249.3K
6CARTESIAN GROWTH CORP IICLASS A ORD · *W EXP 07/12/2023.03%$2M771.5K
7INVESTCORP INDIA ACQUISTN COCLASS A ORD SHS · *W EXP 06/01/2022.78%$2M851.0K
8SK GROWTH OPPORTUNITIES CORPCLASS A COM · *W EXP 06/28/2022.67%$2M652.5K
9UTA ACQUISITION CORPORATIONCLASS A ORD SHS · *W EXP 10/30/2022.66%$2M832.6K
10BLUE WHALE ACQUISITION CORPCLASS A ORD SHS · *W EXP 07/30/2022.62%$2M634.1K
11SILVERBOX CORP IIICOM CL A · *W EXP 02/28/2022.48%$2M265.4K
12ENPHYS ACQUISITION CORPCL A ORD SHS · *W EXP 99/99/9992.44%$2M1.44M
13ALCHEMY INVTS ACQUISITN CORPUNIT 11/30/20272.44%$2M195.0K
14SPRING VALLEY ACQUISTN CORPCLASS A ORD · *W EXP 02/25/202 · RIGHT 02/25/20262.32%$2M252.4K
15BLUESCAPE OPPORTUNITIES ACQUSHS · *W EXP 10/28/2022.32%$2M555.7K
16FORBION EUROPEAN ACQUSTN CORCLASS A ORD SHS · *W EXP 12/10/2022.12%$2M376.3K
17INFINITE ACQUISITION CORPCL A ORD SHS · *W EXP 11/23/2022.05%$2M994.1K
18INVESTCORP EUROPE ACQUISITIOCLASS A ORD SHS · *W EXP 12/15/2021.99%$2M897.3K
19SHUAA PARTNERS ACQUISTN CORPCLASS A ORD SHS1.97%$2M149.3K
20BELLEVUE LIFE SCNCS AQSTN COCOM · *W EXP 02/09/2021.96%$2M354.7K
21INFLECTION PT ACQUISITN CRPUNIT 08/29/20311.92%$2M155.0K
22SDCL EDGE ACQUISITION CORPCL A ORD SHS · *W EXP 99/99/9991.91%$2M546.7K
23MARS ACQUISITION CORPORDINARY SHARES1.90%$2M149.3K
24APOLLO STRATEGIC GRWT CPTL ISHS CL A · *W EXP 02/12/2021.88%$2M178.1K
25AFTERNEXT HEALTHTECH ACQUISISHS CL A · *W EXP 99/99/9991.85%$2M776.6K
26TORTOISEECOFIN ACQUISITION CSHS CL A · *W EXP 07/22/2021.85%$2M778.4K
27ACROPOLIS INFRASTRUCTURE ACQCL A · *W EXP 03/30/2021.83%$1M798.3K
28CHURCHILL CAPITAL CORP VIICOM CL A · *W EXP 02/29/2021.74%$1M288.0K
29PORTAGE FINTECH ACQUISITN COCLASS A ORD SHS · *W EXP 07/08/2021.60%$1M628.1K
30C5 ACQUISITION CORPORATIONCL A COM · *W EXP 12/31/2021.56%$1M1.12M
31LIVE OAK CRESTVIEW CLIMATE ACL A COM · *W EXP 09/27/2021.52%$1M178.6K
32VECTOR ACQUISITION CORP IICL A SHS1.40%$1M111.1K
33CF ACQUISITION CORP IVCOM CL A · *W EXP 12/31/2021.39%$1M143.9K
34CHURCHILL CAPITAL CORP VICOM CL A · *W EXP 02/17/2021.38%$1M249.4K
35TARGET GLOBAL ACQUISI I CORPCLASS A ORD SHS · *W EXP 12/08/2021.25%$1M540.3K
36ESH ACQUISITION CORPUNIT 06/13/20281.24%$1M100.0K
37ICONIC SPORTS ACQUISITION COCL A ORD SHS · *W EXP 10/12/2021.20%$979,200725.1K
38CORSAIR PARTNERING CORPSHS CL A · *W EXP 07/06/2021.17%$957,208697.6K
39HEALTHCARE AI ACQUISITION COCLASS A ORD SHS · *W EXP 99/99/9991.08%$876,887830.0K
40COMPASS DIGITAL ACQUISITN COCLASS A ORD · *W EXP 09/29/2021.07%$870,405489.3K
41OKLOALTC ACQUISITION CORPhistory →COM CL A1.04%$850,06681.5K
42JAWS MUSTANG ACQUISITION CORSHS CL A · *W EXP 01/30/2020.88%$716,59483.9K
43PYROPHYTE ACQUISITION CORPCL A ORD SHS · *W EXP 05/03/2020.72%$588,99582.5K
44DA32 LIFE SCNCE TEC ACQSTN CCLASS A COM0.61%$497,60048.5K
45CNDACONCORD ACQUISITION CORP IICOM CL A · *W EXP 99/99/9990.56%$460,49259.8K
46POWER & DIGITAL INFRASTRUCTUCLASS A COM · *W EXP 12/09/2020.52%$425,261457.3K
47ESGEN ACQUISITION CORPSHS CL A · *W EXP 10/18/2020.38%$313,793676.4K
48ARROWROOT ACQUISITION CORP*W EXP 03/02/2020.34%$281,3841.13M
49ENTERPRISE 4.0 TEC ACQSTN COCLASS A ORD SHS · *W EXP 10/21/2020.29%$236,2511.02M
50ALPHA PARTNERS TECH MERGR COCLASS A ORD SHS · *W EXP 03/31/2020.25%$206,307675.6K
51SCREAMING EAGLE ACQUISITN CO*W EXP 01/05/2020.20%$165,4361.18M
52LANDCADIA HOLDINGS IV INC*W EXP 03/29/2020.18%$146,538893.0K
53RCF ACQUISITION CORP*W EXP 99/99/9990.12%$96,000800.0K
54RIGEL RESOURCE ACQ CORP*W EXP 99/99/9990.10%$79,894767.5K
55PROOF ACQUISITION CORP I*W EXP 99/99/9990.08%$68,875950.0K
56EXCELFIN ACQUISITION CORP*W EXP 10/25/2020.07%$61,128804.3K
57KENSINGTON CAPITAL ACQUISITI*W EXP 99/99/9990.07%$57,990728.5K
58HENNESSY CAPITAL INVST CORP*W EXP 06/10/2020.07%$57,689675.5K
59GLOBAL TECHNOLGY ACQSTN CORP*W EXP 10/19/2020.06%$51,397739.5K
60NEW PROVIDENCE ACQSITN CORP*W EXP 11/09/2020.06%$49,771585.5K
61EG ACQUISITION CORP*W EXP 05/28/2020.06%$45,107148.3K
62HEALTHWELL ACQUISITION CORP*W EXP 08/05/2020.05%$40,311175.3K
63RMG ACQUISITION CORP III*W EXP 02/08/2020.05%$39,465358.4K
64DP CAP ACQUISITION CORP I*W EXP 11/08/2020.04%$33,293814.0K
65AP ACQUISITION CORP*W EXP 12/07/2020.04%$33,044603.0K
66JUNIPER II CORP*W EXP 99/99/9990.04%$32,5311.05M
67CONYERS PARK III ACQSITN COR*W EXP 08/12/2020.03%$27,062541.2K
68GORES HOLDINGS IX INC*W EXP 01/14/2020.03%$25,876152.2K
69PEARL HOLDINGS ACQUISITN COR*W EXP 12/15/2020.03%$24,640700.0K
70LEARN CW INVESTMENT COR*W EXP 10/08/2020.03%$24,009800.3K
71SCHULTZE SPL PURP ACQ CORP I*W EXP 04/13/2020.03%$22,169540.7K
72BILANDER ACQUISITION CORP*W EXP 05/19/2020.03%$20,531252.5K
73PATRIA LATIN AMRCN OPPRNTY A*W EXP 02/23/2020.03%$20,418440.0K
74CONSTELLATION ACQUISITN CORP*W EXP 01/29/2020.02%$15,400250.0K
75OSIRIS ACQUISITION CORP*W EXP 05/01/2020.02%$13,425124.4K
76LATAMGROWTH SPAC*W EXP 01/20/2020.02%$13,195455.0K
77OPY ACQUISITION CORP I*W EXP 09/22/2020.02%$12,72384.8K
78ALSP ORCHID ACQUISITION CORP*W EXP 11/30/2020.01%$11,240400.0K
79SILVERSPAC INC*W EXP 09/09/2020.01%$9,190164.4K
80SWSSWSPRINGWATER SPL SITUATIONS C*W EXP 12/01/2020.01%$7,420384.5K
81GLOBAL PARTNER ACQISTN CORP*W EXP 01/14/2020.01%$7,000200.0K
82SUSTAINABLE DEVELP ACQU I CO*W EXP 02/04/2020.00%$3,972132.4K
83WORLDWIDE WEBB ACQUISITION C*W EXP 10/20/2020.00%$3,002137.1K
84FINSERV ACQUISITION CORP II*W EXP 02/17/2020.00%$1,89276.9K
85CHAIN BRIDGE I*W EXP 11/10/2020.00%$1,80434.0K
86TWIN RIDGE CAPITAL ACQUIS CO*W EXP 03/07/2020.00%$1,42226.0K
87ANZU SPECIAL ACQUISITIN CORP*W EXP 01/27/2020.00%$1,03920.8K
88CEROWPHOENIX BIOTECH ACQUISITION*W EXP 09/01/2020.00%$1,03917.0K
89M3 BRIGADE ACQUISITION II CO*W EXP 03/09/2020.00%$90532.1K
90FORUM MERGER IV CORP*W EXP 03/15/2020.00%$1426.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$94M154May 5, 202613F-HRchanges · EDGAR ↗
Q4 2025$105M148Jan 23, 202613F-HRchanges · EDGAR ↗
Q3 2025$97M124Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$101M120Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$95M89May 15, 202513F-HRchanges · EDGAR ↗
Q3 2023$80M121Oct 20, 202313F-HRchanges · EDGAR ↗
Q2 2023$82M131Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$79M167May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$79M213Feb 15, 2023RESTATEMENTchanges · 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 ↗.