ATW SPAC MANAGEMENT LLC

Registered adviser

CIK

1878495

Location

Miami, FL

Portfolio Value

Micro $55,254,299

Diversification

Diversified

Filing Date

Global Rank

#7,750 / 8,106 ▲ 101 · as of Sep 2025

Top Industry

Shell Companies 99.9%

3Y Alpha vs SPY

-25.7%

Period ended 1 year ago

Filed Nov 12, 2025 · 11mo

18 quarters · since Jun 2021

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 283737

Roster of Oct 1, 2026

Regulatory AUM

$85,430,254

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$0 gross assets

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	$85,430,254	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$86,726,909	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$74,066,259	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$403,172,797	Pooled investment vehicles (100%)
Apr 2023	$403,172,797	Pooled investment vehicles (100%)
Apr 2022 to Mar 2023	$561,169,227	Pooled investment vehicles (100%)

2 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2025, never from the firm's own description.

Style

Diversified active

Top 10 weight 52.5%, 25.4 effective positions, active share 100.0% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

163.5% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 2.3 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 100.0%; sector active share 86.2% against the combined 13F book's sector weights.

Over time 18 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

127 tracked positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

9.3%

−4.5 pts

Top 5

34.7%

−12.2 pts

Top 10

52.5%

−20.9 pts

HHI

394

Diversified−279

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Financial Services	99.9%	$55,208,299	100
Healthcare	0.1%	$46,000	9
Technology	0.0%	$0	5
Unclassified	0.0%	$0	3
Communication Services	0.0%	$0	2
Industrials	0.0%	$0	4
Consumer Cyclical	0.0%	$0	3
Consumer Defensive	0.0%	$0	1

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
BKHA	Black Hawk Acquisition Corp	−178,029	119,999	$1,333,788
XRPN	Armada Acquisition Corp. II	−87,500	47,500	$495,615
HOVRW	New Horizon Aircraft Ltd.	−86,400	272,160	$0
DMAA	Drugs Made In America Acquisition Corp.	−70,000	500,000	$5,135,000
XRPNW	Armada Acquisition Corp. II	−50,000	25,000	$0
—		−50,000	75,316	$766,716
—		−50,000	649,098	$0
—		−44,000	36,436	$0
—		−33,333	16,667	$0
CRAQ	Cal Redwood Acquisition Corp.	−32,500	50,000	$500,050
RDAG	Republic Digital Acquisition Co	−31,800	48,200	$492,122
CHAR	Charlton Aria Acquisition Corp	−28,283	276,607	$2,865,648
KFII	K&F Growth Acquisition Corp. II	−25,600	38,190	$390,110
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
GSRFU	GSR IV Acquisition Corp.	200,000	$2,027,000
OTGAU	OTG Acquisition Corp. I	175,000	$1,762,250
SSEAU	Starry Sea Acquisition Corp	150,000	$1,521,000
MKLYU	McKinley Acquisition Corp	150,000	$1,498,500
CCII	Cohen Circle Acquisition Corp. II	139,420	$1,415,113
APACU	StoneBridge Acquisition II Corp	137,500	$1,370,875
BLUW	Blue Water Acquisition Corp. III	111,775	$1,114,396
COPL	Copley Acquisition Corp	102,500	$1,036,275
GTERU	Globa Terra Acquisition Corp	100,000	$1,017,000
SPEGU	Silver Pegasus Acquisition Corp.	100,000	$1,017,000
QUMSU	Quantumsphere Acquisition Corp	100,000	$1,013,000
AEXA	American Exceptionalism Acquisition Corp. A	92,500	$1,011,025
CHECU	Chenghe Acquisition III Co.	100,000	$998,000
LWAC	LightWave Acquisition Corp.	87,000	$865,650
PACH	Pioneer Acquisition I Corp	83,391	$830,574
CEPF	Cantor Equity Partners IV, Inc.	75,000	$763,875
NMP	NMP Acquisition Corp.	75,000	$744,750
TVA	Texas Ventures Acquisition III Corp	65,000	$696,150
OBA	Oxley Bridge Acquisition Ltd	63,390	$631,301
LATAU	Galata Acquisition Corp. II	62,500	$623,750
BDCIU	BTC Development Corp.	54,988	$555,378
INAC	Indigo Acquisition Corp.	52,500	$523,425
MBVIU	M3-Brigade Acquisition VI Corp.	50,000	$506,000
HVMCU	Highview Merger Corp.	50,000	$506,000
WTG	Wintergreen Acquisition Corp.	50,000	$503,000
No positions match the current search.

Sold Out

Positions the filer fully exited

15 positions

Ticker	Company	Shares	Value
EURK	Eureka Acquisition Corp	178,457	$1,860,414
PACHU	Pioneer Acquisition I Corp	150,000	$1,500,750
LWACU	LightWave Acquisition Corp.	87,000	$875,220
AXINU	Axiom Intelligence Acquisition Corp 1	75,000	$756,750
FSHP	Flag Ship Acquisition Corp	67,830	$707,466
TVACU	Texas Ventures Acquisition III Corp	65,000	$663,650
MCGAU	Yorkville Acquisition Corp.	50,000	$562,500
WTGUU	Wintergreen Acquisition Corp.	50,000	$504,500
KCHVU	Kochav Defense Acquisition Corp.	47,000	$478,225
LCCC	Lakeshore Acquisition III Corp.	42,300	$423,930
BXBL	BOXABL Inc.	14,848	$146,698
GCL	GCL Global Holdings Ltd	20,000	$66,200
—		69,375	$0
—		29,750	$0
EMCG	Embrace Change Acquisition Corp.	41,211	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

127 tracked positions · $55,254,299 total · filing declares 152 positions · $79,232,371 · as of Sep 30, 2025

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology

Showing 1–50 of 127 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
DMAA	Drugs Made In America Acquisition Corp. Financial Services	Reduced	500,000	-70,000	$5,135,000	−11.7%	3	$10.00	9.29%
ASPC	ASPAC III Acquisition Corp. Financial Services	Held	389,100	0	$4,023,294	+0.9%	3	$10.01	7.28%
RDAC	Rising Dragon Acquisition Corp. Financial Services	Held	358,000	0	$3,726,780	+1.1%	4	unpriced	6.74%
CAPN	Cayson Acquisition Corp Financial Services	Held	306,703	0	$3,211,180	+1.5%	4	$9.99	5.81%
FVN	Future Vision II Acquisition Corp. Financial Services	Held	289,614	0	$3,029,362	+0.4%	4	$9.99	5.48%
CHAR	Charlton Aria Acquisition Corp Financial Services	Reduced	276,607	-28,283	$2,865,648	−8.6%	4	$9.93	5.19%
GSRFU	GSR IV Acquisition Corp. Financial Services	NEW	200,000	NEW	$2,027,000	NEW	1	unpriced	3.67%
OTGAU	OTG Acquisition Corp. I Financial Services	NEW	175,000	NEW	$1,762,250	NEW	1	unpriced	3.19%
BSAAU	BEST SPAC I Acquisition Corp. Financial Services	Held	162,500	0	$1,651,000	+1.2%	2	unpriced	2.99%
SSEAU	Starry Sea Acquisition Corp Financial Services	NEW	150,000	NEW	$1,521,000	NEW	1	$10.07	2.75%
MKLYU	McKinley Acquisition Corp Financial Services	NEW	150,000	NEW	$1,498,500	NEW	1	$9.99	2.71%
CCII	Cohen Circle Acquisition Corp. II Financial Services	NEW	139,420	NEW	$1,415,113	NEW	1	$10.11	2.56%
APACU	StoneBridge Acquisition II Corp Financial Services	NEW	137,500	NEW	$1,370,875	NEW	1	unpriced	2.48%
BKHA	Black Hawk Acquisition Corp Financial Services	Reduced	119,999	-178,029	$1,333,788	−57.9%	6	$10.13	2.41%
BLUW	Blue Water Acquisition Corp. III Financial Services	NEW	111,775	NEW	$1,114,396	NEW	1	$9.97	2.02%
COPL	Copley Acquisition Corp Financial Services	NEW	102,500	NEW	$1,036,275	NEW	1	$10.08	1.88%
GTERU	Globa Terra Acquisition Corp Financial Services	NEW	100,000	NEW	$1,017,000	NEW	1	$10.16	1.84%
SPEGU	Silver Pegasus Acquisition Corp. Financial Services	NEW	100,000	NEW	$1,017,000	NEW	1	$10.11	1.84%
QUMSU	Quantumsphere Acquisition Corp Financial Services	NEW	100,000	NEW	$1,013,000	NEW	1	$10.05	1.83%
AEXA	American Exceptionalism Acquisition Corp. A Financial Services	NEW	92,500	NEW	$1,011,025	NEW	1	unpriced	1.83%
CHECU	Chenghe Acquisition III Co. Financial Services	NEW	100,000	NEW	$998,000	NEW	1	unpriced	1.81%
LWAC	LightWave Acquisition Corp. Financial Services	NEW	87,000	NEW	$865,650	NEW	1	$9.97	1.57%
PACH	Pioneer Acquisition I Corp Financial Services	NEW	83,391	NEW	$830,574	NEW	1	$9.95	1.50%
BACCU	Blue Acquisition Corp/Cayman Financial Services	Held	81,250	0	$819,812	+0.5%	2	unpriced	1.48%
		Reduced	75,316	-50,000	$766,716	−39.5%	2	$10.01	1.39%
CEPF	Cantor Equity Partners IV, Inc. Financial Services	NEW	75,000	NEW	$763,875	NEW	1	$10.15	1.38%
NMP	NMP Acquisition Corp. Financial Services	NEW	75,000	NEW	$744,750	NEW	1	$9.92	1.35%
TVA	Texas Ventures Acquisition III Corp Financial Services	NEW	65,000	NEW	$696,150	NEW	1	$10.16	1.26%
OBA	Oxley Bridge Acquisition Ltd Financial Services	NEW	63,390	NEW	$631,301	NEW	1	$9.94	1.14%
LATAU	Galata Acquisition Corp. II Financial Services	NEW	62,500	NEW	$623,750	NEW	1	unpriced	1.13%
BDCIU	BTC Development Corp. Financial Services	NEW	54,988	NEW	$555,378	NEW	1	unpriced	1.01%
INAC	Indigo Acquisition Corp. Financial Services	NEW	52,500	NEW	$523,425	NEW	1	$9.96	0.95%
HVMCU	Highview Merger Corp. Financial Services	NEW	50,000	NEW	$506,000	NEW	1	$10.06	0.92%
MBVIU	M3-Brigade Acquisition VI Corp. Financial Services	NEW	50,000	NEW	$506,000	NEW	1	$10.05	0.92%
WTG	Wintergreen Acquisition Corp. Financial Services	NEW	50,000	NEW	$503,000	NEW	1	$10.04	0.91%
CRAQ	Cal Redwood Acquisition Corp. Financial Services	Reduced	50,000	-32,500	$500,050	−39.2%	2	unpriced	0.90%
XRPN	Armada Acquisition Corp. II Financial Services	Reduced	47,500	-87,500	$495,615	−63.5%	2	unpriced	0.90%
RDAG	Republic Digital Acquisition Co Financial Services	Reduced	48,200	-31,800	$492,122	−40.0%	2	unpriced	0.89%
KCHV	Kochav Defense Acquisition Corp. Financial Services	NEW	47,000	NEW	$471,410	NEW	1	$10.02	0.85%
EVAC	EQV Ventures Acquisition Corp. II Financial Services	NEW	40,000	NEW	$398,000	NEW	1	$9.94	0.72%
KFII	K&F Growth Acquisition Corp. II Financial Services	Reduced	38,190	-25,600	$390,110	−39.9%	3	unpriced	0.71%
CCAQ	Collective Acquisition Corp. Financial Services	Held	30,000	0	$303,300	+0.6%	2	unpriced	0.55%
HCMAU	Hcm III Acquisition Corp. Financial Services	NEW	25,000	NEW	$257,750	NEW	1	$10.17	0.47%
KOYNU	CSLM Digital Asset Acquisition Corp III, Ltd Financial Services	NEW	25,000	NEW	$252,500	NEW	1	$10.07	0.46%
AXIN	Axiom Intelligence Acquisition Corp 1 Financial Services	NEW	25,000	NEW	$249,000	NEW	1	$9.97	0.45%
MCGA	Yorkville Acquisition Corp. Financial Services	NEW	18,700	NEW	$199,342	NEW	1	$10.72	0.36%
FVNNR	Future Vision II Acquisition Corp. Financial Services	Held	289,614	0	$52,101	−5.3%	4	unpriced	0.09%
ESLA	Estrella Immunopharma, Inc. Healthcare	Held	40,000	0	$46,000	+19.8%	8	$1.51	0.08%
CCIIW	Cohen Circle Acquisition Corp. II Financial Services	NEW	34,876	NEW	$33,132	NEW	1	$0.75	0.06%
CRAQR	Cal Redwood Acquisition Corp. Financial Services	Held	82,500	0	$0	—	2	unpriced	0.00%

Showing the top 50 of 127 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.