Fort Baker Capital Management LP

CIK

1688382

Location

Larkspur, CA

Portfolio Value

Mid $1,053,097,979

Diversification

Diversified

Filing Date

Global Rank

#1,903 / 8,700 ▲ 575

Top Industry

Shell Companies 47.6%

3Y Alpha vs SPY

-25.0%

Period ended 2 months ago

Filed Aug 14, 2026 · 30d

26 quarters · since Mar 2020

Clone Performance

Sep 2023–Sep 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

-15.6%

SPY

+71.2%

Annualised alpha

-25.1%

Max drawdown

−36.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Returns are unavailable when a held security or benchmark crosses a captured split without a certified price basis; the requested window is not shortened to hide it. It tracks 95% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

17.4%

−5.9 pts

Top 5

45.7%

−8.7 pts

Top 10

61.3%

−6.8 pts

HHI

616

Diversified−295

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	46.3%	$487,162,094	43
Communication Services	26.0%	$273,596,701	5
Industrials	9.5%	$100,232,764	3
Utilities	9.0%	$94,665,486	2
Unclassified	3.6%	$38,287,166	3
Technology	1.3%	$13,869,988	5
Energy	1.3%	$13,838,803	2
Real Estate	1.2%	$12,524,935	2
Consumer Cyclical	1.0%	$11,055,865	2
Basic Materials	0.5%	$5,529,718	1
Healthcare	0.2%	$2,334,459	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
TMTS	Spartacus Acquisition Corp. II	+1,907,600	2,057,600	$19,728,088
SAAQ	Space Asset Acquisition Corp.	+1,531,861	2,000,127	$19,174,164
RAC	Rithm Acquisition Corp.	+1,500,000	1,950,405	$20,401,236
—		+1,382,923	2,873,655	$31,294,102
CRAN	Crane Harbor Acquisition Corp. II	+1,210,779	2,538,361	$0
GTEN	Gores Holdings X, Inc. / CI	+1,031,292	3,346,482	$34,903,807
—		+891,495	1,741,151	$5,840,522
CCII	Cohen Circle Acquisition Corp. II	+891,467	2,596,827	$26,267,818
—		+823,568	2,499,207	$22,396,222
AIRJW	AirJoule Technologies Corp.	+735,094	1,082,638	$0
AES	Aes Corp	+431,421	4,903,383	$71,883,594
BCSS	Bain Capital GSS Investment Corp.	+267,433	4,248,685	$43,633,994
BIII	Black Spade Acquisition III Co	+200,000	700,000	$6,965,000
SVIV	Spring Valley Acquisition Corp. IV	+175,611	425,610	$3,823,719
NSC	Norfolk Southern Corp	+139,686	314,269	$98,865,884
OACC	Oaktree Acquisition Corp. III Life Sciences	+105,394	1,105,394	$11,827,715
AXIN	Axiom Intelligence Acquisition Corp 1	+90,000	340,000	$930,600
FTW	PRESIDIO PRODUCTION Co	+35,676	815,247	$9,913,403
NWE	NorthWestern Energy Group, Inc.	+5,067	318,094	$22,781,892
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
CORZ	Core Scientific, Inc./tx	−1,653,926	110,771	$0
DRDB	Roman DBDR Acquisition Corp. II	−1,523,746	402,823	$0
GETY	Getty Images Holdings, Inc.	−1,176,488	219,057	$188,389
XCBE	X3 Acquisition Corp. Ltd.	−600,000	300,000	$0
WBD	Warner Bros. Discovery, Inc.	−548,852	6,856,853	$182,803,700
CCXI	Churchill Capital Corp XI	−516,151	2,228,992	$34,964,512
—		−500,000	1,595,177	$15,755,374
TONT	Graf Global Corp.	−240,504	1,256,015	$13,627,762
ALDF	Aldel Financial II Inc.	−200,000	254,193	$2,716,052
—		−171,072	411,386	$84,350,585
EVOX	Evolution Global Acquisition Corp	−100,000	739,370	$3,338,894
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	50,000	$36,820,000
CXII	Churchill Capital Corp XII	2,199,998	$21,300,000
ATII	Archimedes Tech SPAC Partners II Co.	1,371,923	$14,345,441
VACI	Viking Acquisition Corp I	1,365,503	$13,955,440
RAMP	LiveRamp Holdings, Inc.	309,123	$11,635,389
GCGR	General Catalyst Global Resilience Merger Corp.	1,249,998	$10,090,000
CZR	Caesars Entertainment, Inc.	330,641	$9,978,745
MLAA	Mountain Lake Acquisition Corp. II	1,023,500	$9,930,000
TWO-PC	Two Harbors Investment Corp.	386,971	$9,654,926
KEYY	Keystone Acquisition Corp.	600,000	$5,916,000
RMIX	Suncrete, Inc.	245,438	$5,529,718
KLAR	Klarna Group plc	225,000	$4,554,000
BCARU	D. Boral ARC Acquisition I Corp.	397,650	$4,147,489
DVN	Devon Energy Corp/De	95,000	$3,925,400
—		291,076	$2,870,009
LFST	LifeStance Health Group, Inc.	216,000	$2,313,360
OCTV	Octave Intelligence plc	130,000	$2,119,000
SPCX	Space Exploration Technologies Corp	8,000	$1,366,880
BZH	Beazer Homes USA Inc	38,400	$1,077,120
SAC	Safeguard Acquisition Corp.	102,239	$1,028,524
NHIC	NewHold Investment Corp. III	77,163	$840,305
FACT	FACT II Acquisition Corp.	58,971	$626,861
SSTK	Shutterstock, Inc.	29,642	$413,505
OPTX	Syntec Optics Holdings, Inc.	370,273	$0
CSHR	CoinShares PLC	53,568	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

23 positions

Ticker	Company	Shares	Value
FAC	Factorial Energy Inc.	2,702,931	$27,718,557
SLAB	Silicon Laboratories Inc.	53,955	$11,230,733
GFUZ	General Fusion Group Ltd.	1,101,313	$11,189,340
BCO	Brinks Co	86,247	$8,937,776
AFK	VanEck Africa Index ETF	10,409	$3,990,810
MSGS	Madison Square Garden Sports Corp.	10,000	$3,214,000
AAXJ	iShares MSCI All Country Asia ex Japan ETF	12,083	$2,643,156
—		232,736	$2,406,490
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	7,950	$1,285,753
FIG	Figma, Inc.	40,000	$845,600
UAA	Under Armour, Inc.	30,800	$182,028
—		312,920	$0
—		53,568	$0
—		2,636,375	$0
—		202,909	$0
AUR	Aurora Innovation, Inc.	139,869	$0
CWEN	Clearway Energy, Inc.	186,991	$0
—		250,000	$0
—		1,096,700	$0
—		970,611	$0
—		689,587	$0
—		55,426	$0
—		54,487	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

70 tracked positions · $1,053,097,979 total · filing declares 121 positions · $1,367,401,198 · as of Jun 30, 2026

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

Showing 1–50 of 70 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WBD	Warner Bros. Discovery, Inc. PUT + SHARES Communication Services	Reduced	6,856,853	-548,852	$182,803,700	−10.1%	17.36%
NSC	Norfolk Southern Corp Industrials	Added	314,269	+139,686	$98,865,884	+97.3%	9.39%
	PUT + SHARES	Reduced	411,386	-171,072	$84,350,585	−29.0%	8.01%
AES	Aes Corp PUT + SHARES Utilities	Added	4,903,383	+431,421	$71,883,594	+14.1%	6.83%
BCSS	Bain Capital GSS Investment Corp. Financial Services	Added	4,248,685	+267,433	$43,633,994	+8.4%	4.14%
QQQ	Invesco Qqq Trust, Series 1 PUT	NEW	50,000	NEW	$36,820,000	NEW	3.50%
CCXI	Churchill Capital Corp XI Financial Services	Reduced	2,228,992	-516,151	$34,964,512	+36.6%	3.32%
GTEN	Gores Holdings X, Inc. / CI Financial Services	Added	3,346,482	+1,031,292	$34,903,807	+47.2%	3.31%
		Added	2,873,655	+1,382,923	$31,294,102	+101.1%	2.97%
CCII	Cohen Circle Acquisition Corp. II Financial Services	Added	2,596,827	+891,467	$26,267,818	+55.0%	2.49%
NWE	NorthWestern Energy Group, Inc. Utilities	Added	318,094	+5,067	$22,781,892	+10.4%	2.16%
		Added	2,499,207	+823,568	$22,396,222	+72.2%	2.13%
CXII	Churchill Capital Corp XII Financial Services	NEW	2,199,998	NEW	$21,300,000	NEW	2.02%
RAC	Rithm Acquisition Corp. Financial Services	Added	1,950,405	+1,500,000	$20,401,236	+335.5%	1.94%
TMTS	Spartacus Acquisition Corp. II Financial Services	Added	2,057,600	+1,907,600	$19,728,088	+1210.0%	1.87%
SAAQ	Space Asset Acquisition Corp. Financial Services	Added	2,000,127	+1,531,861	$19,174,164	+448.2%	1.82%
PMTR	Perimeter Acquisition Corp. I Financial Services	Held	1,839,833	0	$16,397,787	+1.6%	1.56%
		Reduced	1,595,177	-500,000	$15,755,374	−25.8%	1.50%
KBON	Karbon Capital Partners Corp. Financial Services	Held	1,874,693	0	$15,147,535	+0.4%	1.44%
ATII	Archimedes Tech SPAC Partners II Co. Financial Services	NEW	1,371,923	NEW	$14,345,441	NEW	1.36%
VACI	Viking Acquisition Corp I Financial Services	NEW	1,365,503	NEW	$13,955,440	NEW	1.33%
TONT	Graf Global Corp. Financial Services	Reduced	1,256,015	-240,504	$13,627,762	−15.0%	1.29%
OACC	Oaktree Acquisition Corp. III Life Sciences Financial Services	Added	1,105,394	+105,394	$11,827,715	+11.8%	1.12%
RAMP	LiveRamp Holdings, Inc. CALL + SHARES Technology	NEW	309,123	NEW	$11,635,389	NEW	1.10%
GSHR	Gesher Acquisition Corp. II Financial Services	Held	1,541,570	0	$11,385,075	+0.7%	1.08%
GCGR	General Catalyst Global Resilience Merger Corp. Financial Services	NEW	1,249,998	NEW	$10,090,000	NEW	0.96%
CZR	Caesars Entertainment, Inc. CALL + SHARES Consumer Cyclical	NEW	330,641	NEW	$9,978,745	NEW	0.95%
MLAA	Mountain Lake Acquisition Corp. II Financial Services	NEW	1,023,500	NEW	$9,930,000	NEW	0.94%
FTW	PRESIDIO PRODUCTION Co Energy	Added	815,247	+35,676	$9,913,403	+15.4%	0.94%
TWO-PC	Two Harbors Investment Corp. Real Estate	NEW	386,971	NEW	$9,654,926	NEW	0.92%
EGHA	EGH Acquisition Corp. Financial Services	Held	2,425,440	0	$9,588,036	+0.8%	0.91%
DSAC	Daedalus Special Acquisition Corp. Financial Services	Held	1,087,499	0	$8,980,100	+1.8%	0.85%
DYOR	Insight Digital Partners II Financial Services	Held	919,129	0	$7,722,055	+0.9%	0.73%
OIM	OneIM Acquisition Corp. Financial Services	Held	820,155	0	$7,079,129	+1.1%	0.67%
BIII	Black Spade Acquisition III Co Financial Services	Added	700,000	+200,000	$6,965,000	+41.6%	0.66%
VHCP	Vine Hill Capital Investment Corp. II Financial Services	Held	799,999	0	$5,988,000	+0.8%	0.57%
KEYY	Keystone Acquisition Corp. Financial Services	NEW	600,000	NEW	$5,916,000	NEW	0.56%
		Added	1,741,151	+891,495	$5,840,522	+832.3%	0.55%
RMIX	Suncrete, Inc. Basic Materials	NEW	245,438	NEW	$5,529,718	NEW	0.53%
KLAR	Klarna Group plc Financial Services	NEW	225,000	NEW	$4,554,000	NEW	0.43%
BCARU	D. Boral ARC Acquisition I Corp. Financial Services	NEW	397,650	NEW	$4,147,489	NEW	0.39%
DVN	Devon Energy Corp/De Energy	NEW	95,000	NEW	$3,925,400	NEW	0.37%
SVIV	Spring Valley Acquisition Corp. IV Financial Services	Added	425,610	+175,611	$3,823,719	+93.7%	0.36%
EVAC	EQV Ventures Acquisition Corp. II Financial Services	Held	328,000	0	$3,339,040	+0.9%	0.32%
EVOX	Evolution Global Acquisition Corp Financial Services	Reduced	739,370	-100,000	$3,338,894	−22.6%	0.32%
PCAP	ProCap Acquisition Corp Financial Services	Held	405,041	0	$3,122,868	+0.9%	0.30%
		NEW	291,076	NEW	$2,870,009	NEW	0.27%
ALDF	Aldel Financial II Inc. Financial Services	Reduced	254,193	-200,000	$2,716,052	−43.4%	0.26%
LFST	LifeStance Health Group, Inc. Healthcare	NEW	216,000	NEW	$2,313,360	NEW	0.22%
OCTV	Octave Intelligence plc Technology	NEW	130,000	NEW	$2,119,000	NEW	0.20%

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.