Owl Creek Asset Management, L.P. 13F annual report
Owl Creek Asset Management, L.P. is an investment fund managing more than $1.23 trillion ran by Dan Sapadin. There are currently 81 companies in Mr. Sapadin’s portfolio. The largest investments include Anterix and PG&E, together worth $327 billion.
$1.23 trillion Assets Under Management (AUM)
As of 7th August 2023, Owl Creek Asset Management, L.P.’s top holding is 5,411,776 shares of Anterix currently worth over $171 billion and making up 13.9% of the portfolio value.
Relative to the number of outstanding shares of Anterix, Owl Creek Asset Management, L.P. owns less than 0.3% of the company.
In addition, the fund holds 9,027,536 shares of PG&E worth $156 billion, whose value grew 11.8% in the past six months.
The third-largest holding is Constellation Energy Corp worth $74.2 billion and the next is Uber Technologies Inc worth $65.7 billion, with 1,522,040 shares owned.
Currently, Owl Creek Asset Management, L.P.'s portfolio is worth at least $1.23 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Owl Creek Asset Management, L.P.
The Owl Creek Asset Management, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Dan Sapadin serves as the COO at Owl Creek Asset Management, L.P..
Recent trades
In the most recent 13F filing, Owl Creek Asset Management, L.P. revealed that it had opened a new position in
Bank America Corp and bought 1,937,820 shares worth $55.6 billion.
The investment fund also strengthened its position in Constellation Energy Corp by buying
392,564 additional shares.
This makes their stake in Constellation Energy Corp total 810,630 shares worth $74.2 billion.
On the other hand, there are companies that Owl Creek Asset Management, L.P. is getting rid of from its portfolio.
Owl Creek Asset Management, L.P. closed its position in Las Vegas Sands Corp on 14th August 2023.
It sold the previously owned 1,121,482 shares for $37.7 million.
Dan Sapadin also disclosed a decreased stake in PG&E by 0.3%.
This leaves the value of the investment at $156 billion and 9,027,536 shares.
One of the largest hedge funds
The two most similar investment funds to Owl Creek Asset Management, L.P. are North Star Investment Management and Prescott General Partners. They manage $1.23 trillion and $1.23 trillion respectively.
Dan Sapadin investment strategy
Owl Creek Asset Management, L.P.’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Communication Services — making up 13.9% of
the total portfolio value.
The fund focuses on investments in the United States as
21.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
9% of the total holdings value.
On the other hand, small-cap stocks make up only 6.2% of the portfolio.
The average market cap of the portfolio companies is close to $39.7 billion.
The complete list of Owl Creek Asset Management, L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Anterix Inc. |
No change
5,411,776
|
$171,499,181,000 | 13.92% |
| PG&E Corp. |
33.50%
9,027,536
|
$155,995,822,000 | 12.66% |
| Constellation Energy Corp |
93.90%
810,630
|
$74,213,177,000 | 6.02% |
| Uber Technologies Inc |
73.19%
1,522,040
|
$65,706,467,000 | 5.33% |
| Bank America Corp |
Opened
1,937,820
|
$55,596,056,000 | 4.51% |
| Meta Platforms Inc |
33.52%
184,881
|
$53,057,149,000 | 4.31% |
| Amazon.com Inc. |
Opened
399,261
|
$52,047,664,000 | 4.22% |
| Spirit Aerosystems Holdings Inc |
Opened
1,696,078
|
$49,508,517,000 | 4.02% |
| Alibaba Group Hldg Ltd |
601.72%
465,488
|
$38,798,425,000 | 3.15% |
| Spectrum Brands Hldgs Inc Ne |
107.26%
450,239
|
$35,141,154,000 | 2.85% |
| EQT Corp |
Opened
798,294
|
$32,833,832,000 | 2.66% |
| Wells Fargo Co New |
Opened
734,563
|
$31,351,149,000 | 2.54% |
| Brunswick Corp. |
1,656.10%
337,083
|
$29,204,871,000 | 2.37% |
| First Horizon Corporation |
Opened
2,574,881
|
$29,018,909,000 | 2.35% |
| Lithia Mtrs Inc |
Opened
92,863
|
$28,240,567,000 | 2.29% |
| Aerojet Rocketdyne Holdings Inc |
34.96%
491,594
|
$26,973,763,000 | 2.19% |
| T-Mobile US, Inc. |
73.98%
191,927
|
$26,658,660,000 | 2.16% |
| Tenet Healthcare Corp. |
66.72%
325,290
|
$26,472,100,000 | 2.15% |
| Cano Health Inc |
33.16%
11,395,809
|
$15,840,175,000 | 1.29% |
| Goodyear Tire & Rubr Co |
Opened
1,063,455
|
$14,548,064,000 | 1.18% |
| Lyft Inc |
Opened
1,085,825
|
$10,413,062,000 | 0.84% |
| GSK Plc |
Opened
285,559
|
$10,177,323,000 | 0.83% |
| Microvast Holdings Inc |
585.67%
6,171,012
|
$9,873,619,000 | 0.80% |
| TLG Acquisition One Corp. |
191.51%
790,000
|
$8,354,250,000 | 0.68% |
| Kernel Group Holdings Inc |
Opened
677,500
|
$7,106,975,000 | 0.58% |
| Leo Hldgs Corp Ii |
18.27%
613,358
|
$6,532,263,000 | 0.53% |
| Northern Revival Acquisition |
165.93%
601,000
|
$6,320,597,000 | 0.51% |
| Viscogliosi Bros Acquistn Co |
No change
600,000
|
$6,317,040,000 | 0.51% |
| OCA Acquisition Corp. |
Opened
600,000
|
$6,288,000,000 | 0.51% |
| LF Capital Acquisition Corp. |
165.00%
530,000
|
$5,660,400,000 | 0.46% |
| Cf Acquisition Corp Viii |
No change
500,000
|
$5,385,000,000 | 0.44% |
| 26 Capital Acquisition Corp. |
Opened
500,000
|
$5,380,000,000 | 0.44% |
| Constellation Acquisitn Corp |
270.37%
500,000
|
$5,290,000,000 | 0.43% |
| Kairous Acquisition Corp Ltd |
Opened
475,000
|
$5,225,000,000 | 0.42% |
| Newbury Street Acquisitn Cor |
Opened
500,000
|
$5,190,000,000 | 0.42% |
| Data Knights Acquisition Cor |
Opened
465,000
|
$5,063,850,000 | 0.41% |
| Winvest Acquisition Corp |
Opened
450,000
|
$4,837,500,000 | 0.39% |
| Gsr Ii Meteora Acquisitn Cor |
Opened
438,400
|
$4,592,021,000 | 0.37% |
| African Gold Acquisition Cor |
54.39%
433,280
|
$4,568,938,000 | 0.37% |
| Bite Acquisition Corp |
No change
425,000
|
$4,390,250,000 | 0.36% |
| Infint Acquisition Corp |
Opened
400,000
|
$4,312,000,000 | 0.35% |
| Catcha Investment Corp |
166.67%
400,000
|
$4,192,000,000 | 0.34% |
| Screaming Eagle Acquisitn Co |
92.00%
400,000
|
$4,128,000,000 | 0.33% |
| Adit EdTech Acquisition Corp. |
Opened
389,603
|
$4,114,208,000 | 0.33% |
| Ace Global Business Acqu Ltd |
Opened
350,000
|
$3,923,500,000 | 0.32% |
| Clover Leaf Capital Corp |
Opened
323,924
|
$3,708,930,000 | 0.30% |
| Quadro Acquisition One Corp |
Opened
350,000
|
$3,661,000,000 | 0.30% |
| Minority Equality Opportunit |
Opened
310,000
|
$3,382,100,000 | 0.27% |
| Galata Acquisition Corp |
No change
300,000
|
$3,177,000,000 | 0.26% |
| Seaport Global Acquisition I |
130.77%
300,000
|
$3,123,000,000 | 0.25% |
| Williams Rowland Acquisition Corp. |
494.00%
297,000
|
$3,079,890,000 | 0.25% |
| Community Health Sys Inc New |
51.08%
690,184
|
$3,036,810,000 | 0.25% |
| Abri Spac I Inc |
Opened
270,000
|
$2,886,300,000 | 0.23% |
| Tradeup Acquisition Corp |
Opened
255,000
|
$2,764,200,000 | 0.22% |
| Perception Capital Corp Ii |
Opened
239,323
|
$2,680,418,000 | 0.22% |
| Bannix Acquisition Corp |
Opened
250,000
|
$2,612,500,000 | 0.21% |
| Roth Ch Acquisition V Co |
500.00%
240,000
|
$2,481,600,000 | 0.20% |
| Mountain Crest Acqusitn Crp |
Opened
232,174
|
$2,440,149,000 | 0.20% |
| Slam Corp |
69.14%
214,000
|
$2,274,820,000 | 0.18% |
| Gardiner Healthcare Acqts Co |
Opened
213,125
|
$2,269,781,000 | 0.18% |
| Genesis Unicorn Capital Corp |
Opened
205,000
|
$2,211,930,000 | 0.18% |
| Technology & Telecom Acq Cor |
Opened
200,000
|
$2,190,000,000 | 0.18% |
| Innovative Intl Acqusitin Co |
Opened
200,000
|
$2,180,000,000 | 0.18% |
| Goldenstone Acquisition Ltd |
Opened
200,000
|
$2,124,000,000 | 0.17% |
| Omnilit Acquisition Corp |
Opened
200,000
|
$2,084,000,000 | 0.17% |
| Oxbridge Acquisition Corp |
Opened
166,000
|
$1,804,420,000 | 0.15% |
| Goal Acquisitions Corp |
Opened
171,190
|
$1,776,952,000 | 0.14% |
| Monterey Innovation Acqui Co |
Opened
150,000
|
$1,638,000,000 | 0.13% |
| Arogo Capital Acquisition Co |
Opened
154,300
|
$1,623,236,000 | 0.13% |
| L Catterton Asia Acquisition |
No change
150,000
|
$1,569,000,000 | 0.13% |
| Tlgy Acquisition Corporation |
33.33%
140,000
|
$1,506,400,000 | 0.12% |
| Prime No Acquisition I Corp |
Opened
125,077
|
$1,319,562,000 | 0.11% |
| Velo3d Inc |
39.40%
606,000
|
$1,308,960,000 | 0.11% |
| Fintech Ecosystem Deve |
Opened
112,804
|
$1,191,210,000 | 0.10% |
| Integrated Wellness Acq Corp |
Opened
80,000
|
$856,800,000 | 0.07% |
| Ross Acquisition Corp Ii |
No change
69,999
|
$740,582,000 | 0.06% |
| Viveon Health Acquisition Co |
Opened
61,680
|
$679,097,000 | 0.06% |
| Kore Group Hldgs Inc |
No change
450,000
|
$549,000,000 | 0.04% |
| Dmy Squared Technology Group |
Opened
47,271
|
$485,520,000 | 0.04% |
| Achari Ventures Hldgs Corp I |
Opened
40,575
|
$436,587,000 | 0.04% |
| Movella Holdings Inc |
Opened
65,810
|
$140,175,000 | 0.01% |
| Las Vegas Sands Corp |
Closed
1,121,482
|
$37,671,000 | |
| AES Corp. |
Closed
1,760,508
|
$36,988,000 | |
| Jaws Mustang Acquisition Cor |
Closed
2,375,000
|
$23,346,000 | |
| Rmg Acquisition Corp Iii |
Closed
1,700,000
|
$16,711,000 | |
| Concrete Pumping Holdings, Inc. |
Closed
2,754,944
|
$16,695,000 | |
| Churchill Capital Corp VII |
Closed
1,600,000
|
$15,632,000 | |
| Sierra Lake Acquisition Corp |
Closed
1,470,000
|
$14,582,000 | |
| Gores Holdings Ix Inc |
Closed
1,500,000
|
$14,445,000 | |
| Charter Communications Inc N |
Closed
27,884
|
$13,064,000 | |
| Glenfarne Merger Corp |
Closed
1,329,996
|
$12,954,000 | |
| Comcast Corp New |
Closed
308,302
|
$12,098,000 | |
| Enphys Acquisition Corp. |
Closed
1,225,000
|
$11,796,000 | |
| Disney Walt Co |
Closed
118,704
|
$11,206,000 | |
| Ares Acquisition Corporation |
Closed
1,035,000
|
$10,175,000 | |
| Good Wks Ii Acquisition Corp |
Closed
1,000,000
|
$9,910,000 | |
| 10x Cap Venture Acqstn Corp |
Closed
979,998
|
$9,712,000 | |
| Elliott Opportunity Ii Corp |
Closed
985,243
|
$9,577,000 | |
| Jaws Juggernaut Acquisitn Co |
Closed
766,700
|
$7,460,000 | |
| Pathfinder Acquisition Corp |
Closed
750,000
|
$7,358,000 | |
| Ciig Capital Partners Ii Inc |
Closed
740,000
|
$7,318,000 | |
| Executive Network Partnering |
Closed
702,700
|
$7,020,000 | |
| RedBall Acquisition Corp. |
Closed
629,400
|
$6,269,000 | |
| Jaws Hurricane Acquisitn Cor |
Closed
645,490
|
$6,267,000 | |
| Disruptive Acquisition Corp |
Closed
632,185
|
$6,189,000 | |
| Humanco Acquisition Corp |
Closed
617,606
|
$6,077,000 | |
| Legato Merger Corp Ii |
Closed
600,000
|
$5,952,000 | |
| Property Solutions Acquisiti |
Closed
600,000
|
$5,874,000 | |
| Big Sky Growth Partners Inc |
Closed
600,000
|
$5,844,000 | |
| Equitable Holdings, Inc. |
Closed
217,727
|
$5,676,000 | |
| G3 Vrm Acquisition Corp |
Closed
550,000
|
$5,586,000 | |
| Gores Holdings Vii Inc |
Closed
549,000
|
$5,375,000 | |
| Tech And Energy Transition |
Closed
549,999
|
$5,374,000 | |
| Osiris Acquisition Corp |
Closed
550,000
|
$5,374,000 | |
| Apollo Strategic Grwt Cptl I |
Closed
541,000
|
$5,318,000 | |
| Tzp Strategies Acquistn Corp |
Closed
499,999
|
$4,920,000 | |
| Advanced Merger Partners Inc |
Closed
501,924
|
$4,909,000 | |
| The Music Acquisition Corp |
Closed
500,000
|
$4,900,000 | |
| Sandbridge X2 Corp |
Closed
499,998
|
$4,875,000 | |
| Twelve Seas Investment Co Ii |
Closed
474,999
|
$4,641,000 | |
| Pine Technology Acquisitn Co |
Closed
450,000
|
$4,397,000 | |
| Powered Brands |
Closed
426,800
|
$4,204,000 | |
| Kkr Acquisition Holding I Co |
Closed
406,453
|
$3,979,000 | |
| Roth Ch Acquisition Iv Co |
Closed
400,000
|
$3,972,000 | |
| Marlin Technology Corporation |
Closed
399,999
|
$3,948,000 | |
| Belong Acquisition Corp |
Closed
400,000
|
$3,924,000 | |
| Af Acquisition Corp |
Closed
399,996
|
$3,900,000 | |
| B Riley Prin 250 Merger Corp |
Closed
350,000
|
$3,402,000 | |
| Forum Merger Iv Corp |
Closed
342,438
|
$3,345,000 | |
| Jupiter Wellness Acquisition |
Closed
335,000
|
$3,333,000 | |
| JATT Acquisition Corp |
Closed
300,000
|
$2,986,000 | |
| Motive Capital Corp II |
Closed
300,000
|
$2,967,000 | |
| Periphas Capital Partnering Corp |
Closed
120,000
|
$2,942,000 | |
| Dmy Technology Group Inc Vi |
Closed
300,000
|
$2,934,000 | |
| Cc Neuberger Principal Holdn |
Closed
295,000
|
$2,903,000 | |
| Progress Acquisition Corp |
Closed
257,300
|
$2,542,000 | |
| Chenghe Acquisition Co |
Closed
252,519
|
$2,525,000 | |
| Plum Acquisition Corp I |
Closed
254,400
|
$2,493,000 | |
| Mountain Crest Acqsitn Corp |
Closed
250,000
|
$2,462,000 | |
| Cartesian Growth Corp Ii |
Closed
244,500
|
$2,445,000 | |
| Kismet Acquisition Three Cor |
Closed
247,698
|
$2,425,000 | |
| Cleantech Acquisition Corp |
Closed
234,000
|
$2,356,000 | |
| Warrior Technologies Acqui C |
Closed
225,000
|
$2,237,000 | |
| Mountain Crest Acqstn Corp I |
Closed
225,000
|
$2,225,000 | |
| Thunder Bridge Cap Prtnrs Ii |
Closed
220,000
|
$2,158,000 | |
| Scp & Co Healthcare Acqustn |
Closed
216,000
|
$2,123,000 | |
| Rxr Acquisition Corp |
Closed
214,656
|
$2,102,000 | |
| Gladstone Acquisition Corp |
Closed
200,000
|
$2,018,000 | |
| Spk Aquisition Corp |
Closed
200,000
|
$2,000,000 | |
| Mdh Acquisition Corp |
Closed
201,000
|
$1,976,000 | |
| Aequi Acquisition Corp |
Closed
199,999
|
$1,976,000 | |
| Worldwide Webb Acquisition C |
Closed
200,000
|
$1,968,000 | |
| Vector Acquisition Corp Ii |
Closed
200,000
|
$1,962,000 | |
| Gaming & Hospitality Acqu Co |
Closed
199,998
|
$1,960,000 | |
| Fortress Value Acquisi Corp |
Closed
200,000
|
$1,954,000 | |
| Accelerate Acquisition Corp |
Closed
199,998
|
$1,952,000 | |
| Bleuacacia Ltd |
Closed
200,000
|
$1,948,000 | |
| Arya Sciences Acquisitn Corp |
Closed
200,000
|
$1,944,000 | |
| Faraday Futre Intlgt Elctr I |
Closed
800,000
|
$1,846,000 | |
| Lazard Growth Acquisition Co |
Closed
182,895
|
$1,792,000 | |
| Crypto 1 Acquisition Corp |
Closed
155,000
|
$1,536,000 | |
| Oyster Enterprises Acq Corp |
Closed
150,000
|
$1,472,000 | |
| InterPrivate II Acquisition Corp. |
Closed
150,000
|
$1,469,000 | |
| Atlantic Coastal Acquistn Co |
Closed
150,000
|
$1,467,000 | |
| Gores Hldgs Viii Inc |
Closed
140,696
|
$1,386,000 | |
| Arisz Acquisition Corp |
Closed
140,000
|
$1,385,000 | |
| Goldenbridge Acquisition Ltd |
Closed
125,000
|
$1,268,000 | |
| Group Nine Acquisition Corp. |
Closed
119,997
|
$1,180,000 | |
| Pontem Corporation |
Closed
117,003
|
$1,152,000 | |
| Team, Inc. |
Closed
1,452,928
|
$1,080,000 | |
| Twin Ridge Capital Acquis Co |
Closed
103,599
|
$1,016,000 | |
| Golden Path Acquisition Corporation |
Closed
100,000
|
$1,011,000 | |
| E Merge Technology Acquisiti |
Closed
101,000
|
$1,009,000 | |
| East Res Acquisition Co |
Closed
101,000
|
$1,008,000 | |
| Games & Esports Exprnc Acq C |
Closed
100,000
|
$1,003,000 | |
| Software Acquisitn Grp Inc I |
Closed
100,000
|
$1,000,000 | |
| Marblegate Acquisition Corp |
Closed
100,000
|
$988,000 | |
| KL Acquisition Corp |
Closed
99,999
|
$984,000 | |
| Churchill Capital Corp V |
Closed
100,000
|
$983,000 | |
| Churchill Capital Corp VI |
Closed
100,000
|
$979,000 | |
| Gores Technology Partners Ii |
Closed
99,802
|
$976,000 | |
| Digital Transformatn Opt Cor |
Closed
97,900
|
$957,000 | |
| Edify Acquisition Corp. |
Closed
97,702
|
$957,000 | |
| Gores Technology Partners In |
Closed
78,000
|
$763,000 | |
| Rice Acquisition Corp. II |
Closed
65,000
|
$634,000 | |
| Quantum Fintech Acquistin Co |
Closed
60,000
|
$590,000 | |
| Atlantic Ave Acquisition Cor |
Closed
50,000
|
$496,000 | |
| Anzu Special Acquisitin Corp |
Closed
49,998
|
$490,000 | |
| Empowerment & Inclusion Capi |
Closed
40,000
|
$394,000 | |
| Cova Acquisition Corp |
Closed
40,000
|
$393,000 | |
| Mason Industrial Technolgy I |
Closed
39,999
|
$391,000 | |
| Evo Acquisition Corp |
Closed
35,000
|
$342,000 | |
| Fintech Acquisition Corp Vi |
Closed
33,400
|
$328,000 | |
| Hudson Executive Inves Iii |
Closed
30,000
|
$294,000 | |
| Astrea Acquisition Corp |
Closed
30,000
|
$293,000 | |
| Flame Acquisition Corp |
Closed
29,860
|
$292,000 | |
| Clarim Acquisition Corp |
Closed
24,999
|
$245,000 | |
| Priveterra Acquisition Corp |
Closed
24,999
|
$245,000 | |
| Shapeways Holdings Inc |
Closed
200,000
|
$234,000 | |
| North Atlantic Acquisitn Cor |
Closed
20,000
|
$197,000 | |
| Z-work Acquisition Corp |
Closed
19,998
|
$197,000 | |
| G Squared Ascend I Inc. |
Closed
19,998
|
$196,000 | |
| Colicity Inc |
Closed
20,000
|
$196,000 | |
| VectoIQ Acquisition Corp. II |
Closed
20,000
|
$196,000 | |
| Hh&l Acquisition Co |
Closed
20,000
|
$196,000 | |
| Atlas Crest Investment Corp. |
Closed
20,000
|
$196,000 | |
| Magnum Opus Acquisition Ltd |
Closed
16,800
|
$164,000 | |
| One Equity Partners Open Wtr |
Closed
15,000
|
$147,000 | |
| Diamondhead Holdings Corp |
Closed
12,500
|
$123,000 | |
| Science Strategic Acq Alpha |
Closed
12,498
|
$123,000 | |
| Fortistar Sustainable Sol Co |
Closed
10,000
|
$98,000 | |
| Pivotal Investment Corp Iii |
Closed
10,000
|
$98,000 | |
| Cipher Mining Inc |
Closed
37,500
|
$43,000 | |
| Nrx Pharmaceuticals Inc |
Closed
50,000
|
$30,000 | |
| Glory Star New Med Gp Hldg L |
Closed
33,105
|
$29,000 | |
| No transactions found | |||
| Showing first 500 out of 215 holdings | |||
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