Fort Baker Capital Management LP

CIK

1688382

Location

Larkspur, CA

Portfolio Value

Mid $1,027,131,502

Diversification

Diversified

Filing Date

Global Rank

#1,722 / 8,603 ▲ 892 · as of Mar 2026

Top Industry

Shell Companies 34.4%

3Y Alpha vs SPY

-25.0%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

-12.0%

SPY

+76.0%

Annualised alpha

-24.9%

Max drawdown

−36.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

53 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

19.8%

+9.3 pts

Top 5

48.5%

+10.8 pts

Top 10

64.8%

+2.8 pts

HHI

728

Diversified+236

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	34.4%	$352,860,654	33
Communication Services	31.8%	$327,052,477	5
Healthcare	11.1%	$114,258,056	3
Industrials	8.4%	$86,761,654	3
Utilities	8.1%	$83,650,944	2
Technology	5.2%	$53,774,817	5
Energy	0.8%	$8,590,872	1
Consumer Cyclical	0.0%	$182,028	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
WBD	Warner Bros. Discovery, Inc.	+5,521,310	7,405,705	$203,360,659
CCII	Cohen Circle Acquisition Corp. II	+1,303,112	1,655,360	$16,917,779
BCSS	Bain Capital GSS Investment Corp.	+1,201,606	3,981,252	$40,258,420
GTEN	Gores Holdings X, Inc. / CI	+892,000	2,315,190	$23,707,545
PMTR	Perimeter Acquisition Corp. I	+773,684	1,573,684	$16,145,997
GRAF	Graf Global Corp.	+670,161	1,496,519	$16,027,718
EA	Electronic Arts Inc.	+466,749	582,458	$118,745,712
RAC	Rithm Acquisition Corp.	+200,000	450,405	$4,684,212
FAC	Factorial Energy Inc.	+173,810	2,702,931	$27,718,557
SVAC	Spring Valley Acquisition Corp. III	+150,813	1,101,313	$11,189,340
EVOX	Evolution Global Acquisition Corp	+133,223	433,223	$4,314,901
DYOR	Insight Digital Partners II	+77,674	769,129	$7,656,679
EVAC	EQV Ventures Acquisition Corp. II	+28,000	328,000	$3,309,520
AACB	Artius II Acquisition Inc.	+25,000	232,736	$2,406,490
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
FTW	PRESIDIO PRODUCTION Co	−2,790,862	779,571	$8,590,872
HYAC	Haymaker Acquisition Corp. 4	−2,087,220	250,000	$2,885,000
CCIX	Churchill Capital Corp IX/Cayman	−1,377,230	1,455,889	$15,548,894
CWAN	Clearwater Analytics Holdings, Inc.	−558,677	970,611	$22,954,950
LBRDA	Liberty Broadband Corp	−87,621	12,454	$625,439
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AES	Aes Corp	4,471,962	$63,009,944
TERN	Terns Pharmaceuticals, Inc.	1,096,700	$57,818,024
MASI	Masimo Corp	312,920	$55,659,080
NSC	Norfolk Southern Corp	174,583	$50,105,321
CCXI	Churchill Capital Corp XI	2,519,848	$25,601,655
NWE	NorthWestern Energy Group, Inc.	313,027	$20,641,000
RAAQ	Real Asset Acquisition Corp.	1,719,359	$18,053,269
OS	OneStream, Inc.	689,587	$16,550,088
KBON	Karbon Capital Partners Corp.	1,499,756	$15,087,545
BBCQ	Bleichroeder Acquisition Corp. II	1,258,490	$12,610,069
SLAB	Silicon Laboratories Inc.	53,955	$11,230,733
OACC	Oaktree Acquisition Corp. III Life Sciences	1,000,000	$10,580,000
EGHA	EGH Acquisition Corp.	931,782	$9,513,494
BCO	Brinks Co	86,247	$8,937,776
DSAC	Daedalus Special Acquisition Corp.	890,000	$8,819,900
OIM	OneIM Acquisition Corp.	702,992	$7,001,800
VHCP	Vine Hill Capital Investment Corp. II	600,000	$5,940,000
XCBE	X3 Acquisition Corp. Ltd.	600,000	$5,904,000
BIII	Black Spade Acquisition III Co	500,000	$4,920,000
SAAQ	Space Asset Acquisition Corp.	351,200	$3,497,952
MSGS	Madison Square Garden Sports Corp.	10,000	$3,214,000
CTLP	Cantaloupe, Inc.	202,909	$2,193,446
SVIV	Spring Valley Acquisition Corp. IV	200,000	$1,974,000
IEAG	Infinite Eagle Acquisition Corp.	133,055	$1,330,550
GETY	Getty Images Holdings, Inc.	1,395,545	$1,106,667
No positions match the current search.

Sold Out

Positions the filer fully exited

22 positions

Ticker	Company	Shares	Value
EXAS	EXACT SCIENCES CORP	357,000	$36,256,920
HOLX	HOLOGIC INC	279,139	$20,793,064
IMXI	International Money Express, Inc.	951,582	$14,616,299
NESR	National Energy Services Reunited Corp.	783,649	$12,271,943
HVII	Hennessy Capital Investment Corp. VII	963,922	$9,976,592
NGD	New Gold Inc. /FI	1,025,660	$8,933,498
TACO	Berto Acquisition Corp.	352,163	$3,570,932
APXT	Apex Treasury Corp	350,000	$3,461,500
AXIN	Axiom Intelligence Acquisition Corp 1	300,000	$3,018,000
SOCA	Solarius Capital Acquisition Corp.	300,000	$3,015,000
VACI	Viking Acquisition Corp I	300,000	$2,970,000
OTGA	OTG Acquisition Corp. I	250,000	$2,500,000
CENX	Century Aluminum Co	60,000	$2,350,800
TDWD	Tailwind 2.0 Acquisition Corp.	150,000	$1,477,500
RCUS	Arcus Biosciences, Inc.	52,523	$1,251,623
KGS	Kodiak Gas Services, Inc.	29,800	$1,114,520
SOC	Sable Offshore Corp.	112,047	$1,010,663
POLE	Andretti Acquisition Corp. II	50,254	$528,169
FCRS	FutureCrest Acquisition Corp.	25,000	$252,500
FIGX	FIGX Capital Acquisition Corp.	25,000	$251,500
CAEP	Cantor Equity Partners III, Inc.	10,000	$102,000
HCMA	Hcm III Acquisition Corp.	10,000	$100,400
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

53 positions · $1,027,131,502 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 53 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WBD	Warner Bros. Discovery, Inc. Communication Services	Added	7,405,705	+5,521,310	$203,360,659	+274.5%	19.80%
EA	Electronic Arts Inc. Communication Services	Added	582,458	+466,749	$118,745,712	+402.2%	11.56%
AES	Aes Corp Utilities	NEW	4,471,962	NEW	$63,009,944	NEW	6.13%
TERN	Terns Pharmaceuticals, Inc. Healthcare	NEW	1,096,700	NEW	$57,818,024	NEW	5.63%
MASI	Masimo Corp Healthcare	NEW	312,920	NEW	$55,659,080	NEW	5.42%
NSC	Norfolk Southern Corp Industrials	NEW	174,583	NEW	$50,105,321	NEW	4.88%
BCSS	Bain Capital GSS Investment Corp. Financial Services	Reduced	3,981,252	-1,578,040	$40,258,420	−28.2%	3.92%
FAC	Factorial Energy Inc. Industrials	Reduced	2,702,931	-2,355,311	$27,718,557	−46.8%	2.70%
CCXI	Churchill Capital Corp XI Financial Services	NEW	2,519,848	NEW	$25,601,655	NEW	2.49%
GTEN	Gores Holdings X, Inc. / CI Financial Services	Added	2,315,190	+892,000	$23,707,545	+62.5%	2.31%
CWAN	Clearwater Analytics Holdings, Inc. Technology	Reduced	970,611	-558,677	$22,954,950	−37.8%	2.23%
ANSC	Agriculture & Natural Solutions Acquisition Corp Financial Services	Held	1,879,630	0	$21,221,022	+0.9%	2.07%
NWE	NorthWestern Energy Group, Inc. Utilities	NEW	313,027	NEW	$20,641,000	NEW	2.01%
RAAQ	Real Asset Acquisition Corp. Financial Services	NEW	1,719,359	NEW	$18,053,269	NEW	1.76%
CCII	Cohen Circle Acquisition Corp. II Financial Services	Added	1,655,360	+1,303,112	$16,917,779	+369.0%	1.65%
OS	OneStream, Inc. Technology	NEW	689,587	NEW	$16,550,088	NEW	1.61%
PMTR	Perimeter Acquisition Corp. I Financial Services	Added	1,573,684	+773,684	$16,145,997	+96.3%	1.57%
GRAF	Graf Global Corp. Financial Services	Added	1,496,519	+670,161	$16,027,718	+80.3%	1.56%
DRDB	Roman DBDR Acquisition Corp. II Financial Services	Reduced	1,523,746	-1,523,746	$15,953,620	−49.8%	1.55%
CCIX	Churchill Capital Corp IX/Cayman Financial Services	Reduced	1,455,889	-1,377,230	$15,548,894	−48.4%	1.51%
KBON	Karbon Capital Partners Corp. Financial Services	NEW	1,499,756	NEW	$15,087,545	NEW	1.47%
BBCQ	Bleichroeder Acquisition Corp. II Financial Services	NEW	1,258,490	NEW	$12,610,069	NEW	1.23%
GSHR	Gesher Acquisition Corp. II Financial Services	Held	1,091,570	0	$11,308,665	+0.9%	1.10%
SLAB	Silicon Laboratories Inc. Technology	NEW	53,955	NEW	$11,230,733	NEW	1.09%
SVAC	Spring Valley Acquisition Corp. III Financial Services	Added	1,101,313	+150,813	$11,189,340	+16.0%	1.09%
OACC	Oaktree Acquisition Corp. III Life Sciences Financial Services	NEW	1,000,000	NEW	$10,580,000	NEW	1.03%
EGHA	EGH Acquisition Corp. Financial Services	NEW	931,782	NEW	$9,513,494	NEW	0.93%
BCO	Brinks Co Industrials	NEW	86,247	NEW	$8,937,776	NEW	0.87%
DSAC	Daedalus Special Acquisition Corp. Financial Services	NEW	890,000	NEW	$8,819,900	NEW	0.86%
FTW	PRESIDIO PRODUCTION Co Energy	Reduced	779,571	-2,790,862	$8,590,872	−77.1%	0.84%
DYOR	Insight Digital Partners II Financial Services	Added	769,129	+77,674	$7,656,679	+11.7%	0.75%
OIM	OneIM Acquisition Corp. Financial Services	NEW	702,992	NEW	$7,001,800	NEW	0.68%
VHCP	Vine Hill Capital Investment Corp. II Financial Services	NEW	600,000	NEW	$5,940,000	NEW	0.58%
XCBE	X3 Acquisition Corp. Ltd. Financial Services	NEW	600,000	NEW	$5,904,000	NEW	0.57%
BIII	Black Spade Acquisition III Co Financial Services	NEW	500,000	NEW	$4,920,000	NEW	0.48%
ALDF	Aldel Financial II Inc. Financial Services	Held	454,193	0	$4,796,278	+0.7%	0.47%
RAC	Rithm Acquisition Corp. Financial Services	Added	450,405	+200,000	$4,684,212	+80.0%	0.46%
EVOX	Evolution Global Acquisition Corp Financial Services	Added	433,223	+133,223	$4,314,901	+45.7%	0.42%
SAAQ	Space Asset Acquisition Corp. Financial Services	NEW	351,200	NEW	$3,497,952	NEW	0.34%
EVAC	EQV Ventures Acquisition Corp. II Financial Services	Added	328,000	+28,000	$3,309,520	+10.0%	0.32%
MSGS	Madison Square Garden Sports Corp. Communication Services	NEW	10,000	NEW	$3,214,000	NEW	0.31%
PCAP	ProCap Acquisition Corp Financial Services	Held	303,781	0	$3,095,528	+0.6%	0.30%
HYAC	Haymaker Acquisition Corp. 4 Financial Services	Reduced	250,000	-2,087,220	$2,885,000	−89.2%	0.28%
AACB	Artius II Acquisition Inc. Financial Services	Added	232,736	+25,000	$2,406,490	+12.5%	0.23%
CTLP	Cantaloupe, Inc. Technology	NEW	202,909	NEW	$2,193,446	NEW	0.21%
SVIV	Spring Valley Acquisition Corp. IV Financial Services	NEW	200,000	NEW	$1,974,000	NEW	0.19%
IEAG	Infinite Eagle Acquisition Corp. Financial Services	NEW	133,055	NEW	$1,330,550	NEW	0.13%
GETY	Getty Images Holdings, Inc. Communication Services	NEW	1,395,545	NEW	$1,106,667	NEW	0.11%
FIG	Figma, Inc. Technology	NEW	40,000	NEW	$845,600	NEW	0.08%
EHAB	Enhabit, Inc. Healthcare	NEW	55,426	NEW	$780,952	NEW	0.08%