TENOR CAPITAL MANAGEMENT Co., L.P.

Registered adviser

CIK

1346554

Location

NEW YORK, NY

Portfolio Value

Mid $1,588,820,336

Diversification

Diversified

Filing Date

Global Rank

#1,882 / 8,818 ▼ 111

Top Industry

Shell Companies 88.8%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 153277

Roster of Oct 1, 2026

Regulatory AUM

$10,168,241,805

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

4 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$10,168,241,805 gross assets

Private funds on Schedule D 7.B.(1)

As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$7,813,969,780 gross assets in 11 funds Hedge funds $7,370,789,509 (4) Private equity funds $443,180,271 (7)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$10,168,241,805	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$9,076,924,584	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$7,813,969,778	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$5,562,677,456	Pooled investment vehicles (100%)
Apr 2023	$5,562,677,456	Pooled investment vehicles (100%)
Apr 2022 to Mar 2023	$6,655,242,838	Pooled investment vehicles (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 20.6%, 74.7 effective positions, active share 93.7% against the Nasdaq-100 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

63.5% over the last four quarters (30% to under 100%)

Horizon

Short horizon

Value-weighted holding period 3.2 quarters (under 4)

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 93.7%; sector active share 77.1% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

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

Top Position

8.3%

+6.4 pts

Top 5

14.4%

+6.6 pts

Top 10

20.6%

+6.2 pts

HHI

134

Diversified+56

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	87.4%	$1,388,072,741	323
Communication Services	8.3%	$132,120,616	9
Unclassified	1.8%	$27,855,000	4
Industrials	1.2%	$18,511,685	11
Utilities	1.0%	$16,258,849	3
Technology	0.3%	$5,316,552	18
Healthcare	0.0%	$652,958	13
Basic Materials	0.0%	$19,735	2
Consumer Defensive	0.0%	$6,565	2
Consumer Cyclical	0.0%	$5,635	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
IPXG	Inflection Point Acquisition Corp. VII	+549,371	1,246,332	$12,637,806
BACC	Blue Acquisition Corp	+254,262	1,747,389	$18,522,323
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
—		−919,327	330,673	$3,571,268
CCXI	Churchill Capital Corp XI	−450,000	300,000	$5,235,000
ATII	Archimedes Tech SPAC Partners II Co.	−132,170	1,367,830	$14,745,207
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
GOOGM	Alphabet Inc.	900,000	$45,801,000
GOOGN	Alphabet Inc.	900,000	$45,270,000
GOOG	Alphabet Inc.	58,500	$20,669,805
GOOGL	Alphabet Inc.	57,000	$20,370,090
YICCU	Yorkville International Capital Corp.	1,500,000	$15,060,000
GHXI	Gores Holdings XI, Inc.	1,142,547	$11,596,852
IACO	Idea Acquisition Corp.	800,000	$7,928,000
KEYY	Keystone Acquisition Corp.	750,000	$7,395,000
AACO	Abony Acquisition Corp. I	713,283	$7,061,501
MZYX	MOZAYYX Acquisition Corp.	700,000	$6,979,000
CGCF	Cartesian Growth Corp IV	625,000	$6,250,000
HACQ	HCM IV Acquisition Corp.	600,000	$6,018,000
TMTS	Spartacus Acquisition Corp. II	600,000	$6,006,000
SHOT	RMG ML Sports Holdings	600,000	$5,994,000
PALO	Paloma Acquisition Corp I	600,000	$5,946,000
WLII	Willow Lane Acquisition Corp. II	550,000	$5,626,500
CXII	Churchill Capital Corp XII	500,000	$5,325,000
SMCIP	Super Micro Computer, Inc.	100,000	$5,196,000
IDACU	Iron Dome Acquisition I Corp.	500,000	$5,050,000
CAES	Cantor Equity Partners VII, Inc.	500,000	$5,045,000
GCGR	General Catalyst Global Resilience Merger Corp.	500,000	$5,045,000
WLCO	Wilco 63 Corp	500,000	$4,975,000
ISNR	Snow Rothschild Acquisition Corp.	400,000	$4,004,000
TVIVU	Texas Ventures Acquisition IV Corp	400,000	$4,000,000
ILLU	Illumination Acquisition Corp. I	400,000	$3,960,000
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
—		2,000,000	$21,060,200
HDRN	Hadron Energy, Inc.	1,894,982	$20,181,558
TMS	Teamshares Inc	1,750,000	$18,200,000
FAC	Factorial Energy Inc.	1,500,000	$15,382,500
—		1,136,371	$12,500,081
ENHA	Enhanced Group Inc.	1,200,000	$12,204,000
TAVI	Tavia Acquisition Corp.	1,090,000	$11,510,400
—		1,000,000	$10,990,000
GPAT	GP-Act III Acquisition Corp.	750,000	$8,130,000
ALF	Centurion Acquisition Corp.	750,000	$8,070,000
IACOU	Idea Acquisition Corp.	800,000	$7,928,000
AACOU	Abony Acquisition Corp. I	713,283	$7,090,033
TMTSU	Spartacus Acquisition Corp. II	600,000	$6,024,000
HACQU	HCM IV Acquisition Corp.	600,000	$6,018,000
PALOU	Paloma Acquisition Corp I	600,000	$5,988,000
WLIIU	Willow Lane Acquisition Corp. II	550,000	$5,555,000
RANG	Range Capital Acquisition Corp.	500,101	$5,261,062
IREN	IREN Ltd	133,900	$4,590,092
—		425,000	$4,381,750
TRGSU	TRG Latin America Acquisitions Corp.	400,000	$3,980,000
ILLUU	Illumination Acquisition Corp. I	400,000	$3,968,000
—		300,000	$3,603,000
ACAAU	Averin Capital Acquisition Corp.	350,000	$3,500,000
XNDU	Xanadu Quantum Technologies Ltd	40,000	$306,400
—		500,000	$130,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

388 tracked positions · $1,588,820,336 total · filing declares 549 positions · $7,094,936,398 · as of Jun 30, 2026

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

Showing 1–50 of 388 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
GOOGM	Alphabet Inc. Communication Services	NEW	900,000	NEW	$45,801,000	NEW	1	unpriced	2.88%
GOOGN	Alphabet Inc. Communication Services	NEW	900,000	NEW	$45,270,000	NEW	1	unpriced	2.85%
		Held	2,702,188	0	$29,426,827	+2.0%	9	unpriced	1.85%
XRPN	Armada Acquisition Corp. II Financial Services	Held	2,185,000	0	$22,767,700	+1.1%	4	$10.22	1.43%
GIX	GigCapital9 Corp. Financial Services	Held	2,178,000	0	$21,627,540	+1.0%	2	unpriced	1.36%
KFII	K&F Growth Acquisition Corp. II Financial Services	Held	2,001,000	0	$21,110,550	+1.2%	5	$10.06	1.33%
GTEN	Gores Holdings X, Inc. Financial Services	Held	2,000,000	0	$20,860,000	+1.9%	5	unpriced	1.31%
TACH	Titan Acquisition Corp. Financial Services	Held	2,000,000	0	$20,820,000	+1.2%	5	unpriced	1.31%
GOOG	Alphabet Inc. Communication Services	NEW	58,500	NEW	$20,669,805	NEW	1	$357.39	1.30%
GOOGL	Alphabet Inc. Communication Services	NEW	57,000	NEW	$20,370,090	NEW	1	$359.97	1.28%
BACC	Blue Acquisition Corp Financial Services	Added	1,747,389	+254,262	$18,522,323	+21.5%	4	$10.07	1.17%
SZZL	Sizzle Acquisition Corp. II Financial Services	Held	1,750,000	0	$18,130,000	+0.8%	5	$9.98	1.14%
SOUL	Soulpower Acquisition Corp. Financial Services	Held	1,750,000	0	$18,112,500	+1.0%	5	unpriced	1.14%
SBXE	SilverBox Corp V Financial Services	Held	1,650,000	0	$16,599,000	+1.4%	2	unpriced	1.04%
FACT	FACT II Acquisition Corp.	Held	1,500,000	0	$15,945,000	+1.2%	6	$10.20	1.00%
ONEN	ONE Nuclear Energy Inc. Utilities	Held	1,500,000	0	$15,675,000	+1.0%	5	$10.01	0.99%
FERA	Fifth Era Acquisition Corp I Financial Services	Held	1,500,000	0	$15,630,000	+1.2%	5	$10.05	0.98%
NPAC	New Providence Acquisition Corp. III Financial Services	Held	1,500,000	0	$15,571,500	+1.2%	5	unpriced	0.98%
GIW	GigCapital8 Corp. Financial Services	Held	1,500,000	0	$15,103,500	+1.0%	3	$9.91	0.95%
DMII	Drugs Made In America Acquisition II Corp. Financial Services	Held	1,500,000	0	$15,090,000	+0.9%	3	$9.89	0.95%
YICCU	Yorkville International Capital Corp. Financial Services	NEW	1,500,000	NEW	$15,060,000	NEW	1	unpriced	0.95%
ARTC	Art Technology Acquisition Corp. Financial Services	Held	1,500,000	0	$14,895,000	+1.2%	2	unpriced	0.94%
ATII	Archimedes Tech SPAC Partners II Co. Financial Services	Reduced	1,367,830	-132,170	$14,745,207	−5.6%	5	$10.08	0.93%
TVA	Texas Ventures Acquisition III Corp Financial Services	Held	1,396,956	0	$14,737,885	+1.5%	5	$10.05	0.93%
EGHA	EGH Acquisition Corp. Financial Services	Held	1,425,000	0	$14,663,250	+0.8%	4	$10.12	0.92%
SDHI	Siddhi Acquisition Corp (Cayman Islands) Financial Services	Held	1,374,599	0	$14,323,321	+0.8%	3	$10.24	0.90%
EVAC	EQV Ventures Acquisition Corp. II Financial Services	Held	1,300,000	0	$13,234,000	+0.9%	4	$9.94	0.83%
DAAQ	Digital Asset Acquisition Corp. Financial Services	Held	1,250,000	0	$12,975,000	+1.4%	5	$10.57	0.82%
		Held	1,250,000	0	$12,912,500	+1.1%	5	unpriced	0.81%
IPXG	Inflection Point Acquisition Corp. VII Financial Services	Added	1,246,332	+549,371	$12,637,806	+84.5%	2	$9.88	0.80%
ADAC	American Drive Acquisition Co Financial Services	Held	1,250,000	0	$12,525,000	+1.2%	2	$9.90	0.79%
GSHR	Gesher Acquisition Corp. II Financial Services	Held	1,200,000	0	$12,516,000	+0.7%	5	$10.05	0.79%
MESH	Meshflow Acquisition Corp Financial Services	Held	1,250,000	0	$12,512,500	+1.2%	2	$9.90	0.79%
LPCV	Launchpad Cadenza Acquisition Corp I Financial Services	Held	1,250,000	0	$12,500,000	+1.0%	2	$9.92	0.79%
BIXI	Bitcoin Infrastructure Acquisition Corp Ltd Financial Services	Held	1,250,000	0	$12,493,750	+0.8%	2	$9.90	0.79%
ITHA	ITHAX Acquisition Corp III Financial Services	Held	1,250,000	0	$12,475,000	+0.8%	2	$9.89	0.79%
CRAQ	Cal Redwood Acquisition Corp. Financial Services	Held	1,200,000	0	$12,360,000	+1.5%	4	$9.99	0.78%
HCIC	Hennessy Capital Investment Corp. VIII Financial Services	Held	1,200,000	0	$11,916,000	+1.0%	2	unpriced	0.75%
DRDB	Roman DBDR Acquisition Corp. II Financial Services	Held	1,110,000	0	$11,693,850	+0.6%	6	$9.96	0.74%
GHXI	Gores Holdings XI, Inc. Financial Services	NEW	1,142,547	NEW	$11,596,852	NEW	1	unpriced	0.73%
BDCI	BTC Development Corp. Financial Services	Held	1,125,000	0	$11,328,750	+0.8%	3	$10.10	0.71%
SORN	Soren Acquisition Corp. Financial Services	Held	1,125,000	0	$11,160,000	+0.4%	2	unpriced	0.70%
CRAN	Crane Harbor Acquisition Corp. II Financial Services	Held	1,100,000	0	$11,143,000	+2.2%	2	$9.95	0.70%
MBVI	M3-Brigade Acquisition VI Corp. Financial Services	Held	1,100,000	0	$11,143,000	+0.8%	3	$10.06	0.70%
PTOR	Praetorian Acquisition Corp. Financial Services	Held	1,100,000	0	$10,923,000	+1.3%	2	unpriced	0.69%
		Held	1,000,000	0	$10,890,000	+5.0%	5	$10.06	0.69%
MLAA	Mountain Lake Acquisition Corp. II Financial Services	Held	1,059,588	0	$10,521,708	+0.8%	2	unpriced	0.66%
BCAR	D. Boral ARC Acquisition I Corp. Financial Services	Held	1,000,000	0	$10,430,000	+3.1%	4	unpriced	0.66%
CCAQ	Collective Acquisition Corp. Financial Services	Held	1,000,000	0	$10,430,000	+1.0%	4	$10.07	0.66%
JENA	JENA ACQUISITION Corp II Financial Services	Held	1,000,000	0	$10,360,000	+1.4%	4	$10.14	0.65%

Showing the top 50 of 388 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.