WHITEBOX ADVISORS LLC

CIK

1257391

Location

MINNEAPOLIS, MN

Portfolio Value

Mid $3,081,049,208

Diversification

Diversified

Filing Date

Global Rank

#1,026 / 8,710 ▲ 253

Top Industry

Shell Companies 21.4%

Period ended 3 months ago

Filed Aug 14, 2026 · 37d

26 quarters · since Mar 2020

Portfolio Concentration

369 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

12.1%

−2.2 pts

Top 5

32.9%

−4.3 pts

Top 10

50.7%

−0.2 pts

HHI

363

Diversified−46

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	24.5%	$755,128,654	240
Technology	21.0%	$647,110,190	26
Healthcare	13.3%	$411,162,673	19
Unclassified	12.4%	$383,456,584	6
Communication Services	9.8%	$302,707,767	14
Industrials	5.3%	$162,313,902	23
Energy	5.2%	$160,532,502	12
Consumer Cyclical	4.4%	$134,905,128	8
Real Estate	1.8%	$56,543,114	7
Basic Materials	1.8%	$54,788,172	7
Consumer Defensive	0.2%	$6,244,122	4
Utilities	0.2%	$6,156,400	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SVC	Service Properties Trust	+5,808,912	9,581,711	$16,193,091
CZR	Caesars Entertainment, Inc.	+3,266,261	3,379,426	$101,991,076
XRX	Xerox Holdings Corp	+1,179,317	6,653,853	$6,260,000
JBLU	Jetblue Airways Corp	+1,000,000	2,750,000	$15,757,500
SMCI	Super Micro Computer, Inc.	+900,000	5,500,000	$192,997,000
PONO	Pono Capital Four, Inc.	+700,000	1,400,000	$6,972,000
CYH	Community Health Systems Inc	+604,859	3,732,743	$12,467,361
HCIC	Hennessy Capital Investment Corp. VIII	+544,434	688,868	$3,420,229
MFM	Aberdeen Municipal Income Fund	+450,062	575,062	$3,231,848
MERC	Mercer International Inc.	+411,080	1,468,738	$969,367
RFAM	RF Acquisition Corp III	+387,000	774,000	$3,831,300
CTAA	Clearthink 1 Acquisition Corp.	+300,000	600,000	$2,973,000
AACI	Armada Acquisition Corp. III	+275,000	825,000	$5,494,500
NWSA	News Corp	+274,613	343,120	$8,519,669
VAL	Valaris Ltd	+266,759	850,696	$61,760,529
IACO	Idea Acquisition Corp.	+265,792	1,063,170	$7,902,015
HDRN	Hadron Energy, Inc.	+254,500	804,500	$0
TRGS	TRG Latin America Acquisitions Corp.	+200,000	400,000	$1,978,000
FGII	FG Imperii Acquisition Corp.	+200,000	600,000	$3,972,000
XSLL	Xsolla SPAC 1	+192,500	577,500	$3,811,500
GT	Goodyear Tire & Rubber Co /Oh/	+159,650	1,030,739	$6,802,877
ILLU	Illumination Acquisition Corp. I	+150,000	600,000	$4,455,000
PALO	Paloma Acquisition Corp I	+150,000	450,000	$2,973,000
PAAC	Proem Acquisition Corp. I	+150,000	450,000	$2,982,000
ACI	Albertsons Companies, Inc.	+134,920	461,502	$6,244,122
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
UP	Wheels Up Experience Inc.	−22,811,330	1,021,597	$9,163,725
MARA	MARA Holdings, Inc.	−2,187,700	3,181,500	$44,191,035
ELBM	Electra Battery Materials Corp	−1,307,992	6,892,107	$4,162,832
—		−1,273,266	552,551	$11,577,007
—		−658,841	100,046	$0
—		−500,000	250,000	$0
SIMAU	SIM Acquisition Corp. I	−500,000	250,000	$0
GRFS	Grifols SA	−464,315	1,603,483	$11,352,659
BLCO	Bausch & Lomb Corp	−414,878	686,976	$11,376,322
DMAA	Drugs Made In America Acquisition Corp.	−400,000	400,000	$0
—		−365,000	1,560,001	$119,215,276
TDAC	Translational Development Acquisition Corp.	−305,000	152,500	$0
TAVI	Tavia Acquisition Corp.	−300,000	300,000	$0
MPT	Medical Properties Trust Inc	−291,000	1,500,000	$6,930,000
FAC	Factorial Energy Inc.	−275,000	275,000	$0
CSTM	Constellium SE	−250,988	95,672	$3,049,066
RANG	Range Capital Acquisition Corp.	−250,000	250,000	$0
UAA	Under Armour, Inc.	−157,800	1,028,992	$6,575,258
DCH	Dauch Corp	−134,370	2,158,683	$11,700,061
HPP	Hudson Pacific Properties, Inc.	−130,000	59,080	$897,425
SM	SM Energy Co	−105,700	496,601	$12,961,286
IHRT	iHeartMedia, Inc.	−104,050	295,950	$1,269,625
NVDA	Nvidia Corp	−100,000	700,000	$140,063,000
PLMK	Plum Acquisition Corp, IV	−100,000	50,000	$0
CUB	Lionheart Holdings	−100,000	50,000	$0
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
TECH	BIO-TECHNE Corp	2,100,001	$148,365,070
MU	Micron Technology Inc	80,000	$92,343,200
AZUL	Azul SA	8,362,136	$75,175,602
—		450,001	$59,728,632
CRWV	CoreWeave, Inc.	400,000	$39,816,000
OPI	Office Properties Income Trust	1,748,605	$29,726,285
TDW	Tidewater Inc	276,100	$18,396,543
VOYG	Voyager Technologies, Inc./TX	196,156	$6,326,031
RYAAY	Ryanair Holdings PLC	89,628	$5,803,413
MYX	Maywood Acquisition Corp. 2	1,650,000	$5,434,000
SAGU	Shreya Acquisition Group	475,000	$4,697,750
ARCL	ARC Group Acquisition I Corp.	1,380,000	$4,650,600
RREV	RRE Ventures Acquisition Corp.	600,000	$4,441,500
FTHA	Forefront Tech Holdings Acquisition Corp	420,000	$4,158,000
AACP	Apogee Acquisition Corp	1,200,000	$4,064,000
ALPX	Alpex Acquisition Corp	400,000	$4,008,000
VECA	Vernal Capital Acquisition Corp.	400,000	$3,976,000
QLEP	Quantum Leap Acquisition Corp	400,000	$3,972,000
BREZ	Breeze Acquisition Corp. II	800,000	$3,964,000
IDAC	Iron Dome Acquisition I Corp.	350,000	$3,535,000
TRAD	APEX Tech Acquisition Inc.	350,000	$3,482,500
BWIV	Blue Water Acquisition Corp. IV	350,000	$3,465,000
KEYY	Keystone Acquisition Corp.	350,000	$3,451,000
OHAC	Oceanhawk Acquisition Corp.	650,000	$3,217,500
CAES	Cantor Equity Partners VII, Inc.	300,000	$3,027,000
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
IBIT	iShares Bitcoin Trust ETF	1,500,000	$57,630,000
TSLA	Tesla, Inc.	75,000	$27,881,250
LITE	Lumentum Holdings Inc.	30,773	$21,626,033
PPLI	People Inc	217,383	$8,701,841
BKF	iShares MSCI BIC ETF	107,720	$5,018,240
BN	BROOKFIELD Corp /ON/	96,265	$3,895,844
PACH	Pioneer Acquisition I Corp	300,000	$3,039,000
AGNG	Global X Funds Global X Aging Population ETF	69,042	$2,731,301
TONT	Graf Global Corp.	250,000	$2,677,500
BLUW	Blue Water Acquisition Corp. III	375,000	$2,570,000
WSTN	Westin Acquisition Corp	250,000	$2,497,500
LEO	Bny Mellon Strategic Municipals, Inc.	305,421	$1,921,098
USAS	Americas Gold & Silver Corp	250,000	$1,305,000
AFB	Alliancebernstein National Municipal Income Fund	113,648	$1,214,897
OBA	Oxley Bridge Acquisition Ltd	150,000	$1,013,000
BLZR	Trailblazer Acquisition Corp.	133,333	$1,005,000
WHR	Whirlpool Corp /De/	17,413	$938,908
VSXY	Victoria's Secret & Co.	10,890	$504,860
FMC	Fmc Corp	17,622	$303,450
DC	Dakota Gold Corp.	34,872	$176,103
PRGO	PERRIGO Co plc	10,360	$111,266
—		145,000	$0
DTSQ	DT Cloud Star Acquisition Corp	50,000	$0
ENHA	Enhanced Group Inc.	200,000	$0
—		600,000	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

369 tracked positions · $3,081,049,208 total · filing declares 667 positions · $7,652,416,986 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 369 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust PUT	Held	500,000	0	$373,385,000	+14.8%	12.12%
SMCI	Super Micro Computer, Inc. PUT + SHARES Technology	Added	5,500,000	+900,000	$192,997,000	+84.3%	6.26%
PEN	Penumbra Inc Healthcare	Added	506,881	+61,880	$160,047,675	+9.5%	5.19%
TECH	BIO-TECHNE Corp Healthcare	NEW	2,100,001	NEW	$148,365,070	NEW	4.82%
NVDA	Nvidia Corp PUT Technology	Reduced	700,000	-100,000	$140,063,000	+0.4%	4.55%
NBIS	Nebius Group N.V. PUT Communication Services	Held	500,000	0	$138,085,000	+166.2%	4.48%
		Reduced	1,560,001	-365,000	$119,215,276	−10.8%	3.87%
CZR	Caesars Entertainment, Inc. Consumer Cyclical	Added	3,379,426	+3,266,261	$101,991,076	+3310.0%	3.31%
TSM	Taiwan Semiconductor Manufacturing Co Ltd PUT Technology	Held	200,000	0	$95,514,000	+41.3%	3.10%
MU	Micron Technology Inc PUT Technology	NEW	80,000	NEW	$92,343,200	NEW	3.00%
AZUL	Azul SA Industrials	NEW	8,362,136	NEW	$75,175,602	NEW	2.44%
AAPL	Apple Inc. PUT Technology	Added	250,000	+50,000	$72,340,000	+42.5%	2.35%
WBD	Warner Bros. Discovery, Inc. PUT + SHARES Communication Services	Reduced	2,625,001	-90,000	$69,982,526	−6.1%	2.27%
VAL	Valaris Ltd Energy	Added	850,696	+266,759	$61,760,529	+7.9%	2.00%
		NEW	450,001	NEW	$59,728,632	NEW	1.94%
GPOR	Gulfport Energy Corp Energy	Added	274,627	+55,000	$46,604,201	+0.3%	1.51%
TFPM	Triple Flag Precious Metals Corp. Basic Materials	Held	1,518,950	0	$45,522,931	−13.7%	1.48%
MARA	MARA Holdings, Inc. PUT CALL Financial Services	Reduced	3,181,500	-2,187,700	$44,191,035	+0.9%	1.43%
CRWV	CoreWeave, Inc. PUT Technology	NEW	400,000	NEW	$39,816,000	NEW	1.29%
HEI	Heico Corp Industrials	Added	132,104	+7,367	$34,070,942	+29.4%	1.11%
OPI	Office Properties Income Trust Real Estate	NEW	1,748,605	NEW	$29,726,285	NEW	0.96%
LUMN	Lumen Technologies, Inc. PUT Communication Services	Reduced	3,500,000	-20,000	$26,880,000	+9.9%	0.87%
LLYVA	Liberty Live Holdings, Inc. Communication Services	Added	217,989	+56,560	$23,028,357	+51.6%	0.75%
TDW	Tidewater Inc PUT Energy	NEW	276,100	NEW	$18,396,543	NEW	0.60%
SVC	Service Properties Trust Real Estate	Added	9,581,711	+5,808,912	$16,193,091	+215.6%	0.53%
JBLU	Jetblue Airways Corp CALL Industrials	Added	2,750,000	+1,000,000	$15,757,500	+103.7%	0.51%
CHRD	Chord Energy Corp Energy	Reduced	124,476	-35,000	$14,227,606	−37.3%	0.46%
SM	SM Energy Co Energy	Reduced	496,601	-105,700	$12,961,286	−31.0%	0.42%
CYH	Community Health Systems Inc Healthcare	Added	3,732,743	+604,859	$12,467,361	+35.6%	0.40%
DCH	Dauch Corp Consumer Cyclical	Reduced	2,158,683	-134,370	$11,700,061	−14.0%	0.38%
		Reduced	552,551	-1,273,266	$11,577,007	−33.9%	0.38%
BLCO	Bausch & Lomb Corp Healthcare	Reduced	686,976	-414,878	$11,376,322	−35.1%	0.37%
GRFS	Grifols SA Healthcare	Reduced	1,603,483	-464,315	$11,352,659	−31.5%	0.37%
FOXA	Fox Corp Communication Services	Added	198,874	+23,626	$9,315,258	+0.1%	0.30%
UP	Wheels Up Experience Inc. Industrials	Reduced	1,021,597	-22,811,330	$9,163,725	−25.6%	0.30%
NWSA	News Corp Communication Services	Added	343,120	+274,613	$8,519,669	+398.8%	0.28%
VNME	Vendome Acquisition Corp I Financial Services	Held	1,237,500	0	$8,406,750	+1.1%	0.27%
TACH	Titan Acquisition Corp. Financial Services	Held	1,200,000	0	$8,328,000	+1.2%	0.27%
GIW	GigCapital8 Corp. Financial Services	Held	1,600,000	0	$8,055,200	+1.0%	0.26%
IACO	Idea Acquisition Corp. Financial Services	Added	1,063,170	+265,792	$7,902,015	0.0%	0.26%
FERA	Fifth Era Acquisition Corp I Financial Services	Held	1,500,000	0	$7,815,000	+1.2%	0.25%
HAVA	Harvard Ave Acquisition Corp Financial Services	Held	1,500,000	0	$7,575,000	+0.9%	0.25%
XCBE	X3 Acquisition Corp. Ltd. Financial Services	Held	1,050,000	0	$6,993,000	+1.5%	0.23%
PONO	Pono Capital Four, Inc. Financial Services	Added	1,400,000	+700,000	$6,972,000	−0.2%	0.23%
MPT	Medical Properties Trust Inc PUT Real Estate	Reduced	1,500,000	-291,000	$6,930,000	−16.4%	0.22%
GT	Goodyear Tire & Rubber Co /Oh/ Consumer Cyclical	Added	1,030,739	+159,650	$6,802,877	+17.8%	0.22%
BCARU	D. Boral ARC Acquisition I Corp. Financial Services	Held	975,000	0	$6,779,500	—	0.22%
SZZL	Sizzle Acquisition Corp. II Financial Services	Held	1,300,000	0	$6,734,000	+0.8%	0.22%
SOUL	Soulpower Acquisition Corp. Financial Services	Held	650,000	0	$6,727,500	+1.0%	0.22%
MGM	MGM Resorts International Consumer Cyclical	Reduced	137,596	-49,273	$6,578,464	−4.9%	0.21%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.