Atlas Merchant Capital LLC's Q3 2024 13F: 10 new positions, 22 exits
Form 13F-HR for the quarter ended Sep 30, 2024 · filed Nov 7, 2024 · 45 reported positions · accession 0000950142-24-002686
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | CHURCHILL CAPITAL CORP VII (CVII) | 34.5% | — | −34.5 pts | −6.26M sh | −100% |
| New | ISHARES TR (IEI) | — | 18.8% | +18.8 pts | +101K sh | new |
| Exited | SLAM CORP (SLAMF) | 8.0% | — | −8.0 pts | −1.41M sh | −100% |
| Exited | TORTOISEECOFIN ACQUISITION C (TRTL) | 6.5% | — | −6.5 pts | −1.16M sh | −100% |
| Exited | PROJECT ENERGY REIMAGINED AC (PEGR) | 4.2% | — | −4.2 pts | −760K sh | −100% |
| Exited | BITE ACQUISITION CORP (BITE) | 3.3% | — | −3.3 pts | −518K sh | −100% |
| Exited | RIGEL RESOURCE ACQ CORP (RRAC) | 2.9% | — | −2.9 pts | −500K sh | −100% |
| Exited | TRISTAR ACQUISITION I CORP (TRIS) | 2.3% | — | −2.3 pts | −400K sh | −100% |
| Exited | SK GROWTH OPPORTUNITIES CORP (SKGR) | 2.1% | — | −2.1 pts | −366K sh | −100% |
| Exited | ALPHA STAR ACQUISITION CORP (ALSAF) | 1.9% | — | −1.9 pts | −323K sh | −100% |
| New | RF ACQUISITION CORP II (RFAI) | — | 1.6% | +1.6 pts | +100K sh | new |
| Exited | CLOVER LEAF CAPITAL CORP (CLOE) | 1.6% | — | −1.6 pts | −250K sh | −100% |
| Exited | EVEREST CONSOLIDATOR ACQ COR (MNTN) | 1.4% | — | −1.4 pts | −250K sh | −100% |
| Exited | CSLM ACQUISITION CORP (CSLM) | 1.4% | — | −1.4 pts | −250K sh | −100% |
| New | CHEGG INC (CHGG) | — | 1.4% | +1.4 pts | +500K sh | new |
| Exited | GLOBAL PARTNER ACQISTN CORP (GPAC) | 1.2% | — | −1.2 pts | −200K sh | −100% |
| Exited | PERCEPTION CAPITAL CORP III (PFTA) | 1.1% | — | −1.1 pts | −200K sh | −100% |
| New | MAGNITE INC (MGNI) | — | 1.1% | +1.1 pts | +50,000 sh | new |
| Reduced | TARGET HOSPITALITY CORP (TH) | 0.7% | 0.9% | +0.2 pts | −75,000 sh | −50% |
| Exited | EMBRACE CHANGE ACQUISITN COR (EMCGF) | 0.8% | — | −0.8 pts | −144K sh | −100% |
| Exited | AURA FAT PROJS ACQUISITION C (AFAR) | 0.8% | — | −0.8 pts | −130K sh | −100% |
| Increased | CAESARS ENTERTAINMENT INC NE (CZR) | 0.5% | 2.3% | +1.8 pts | +10,000 sh | +40% |
| Exited | RF ACQUISITION CORP II (RFAIU) | 0.5% | — | −0.5 pts | −100K sh | −100% |
| Exited | ZALATORIS ACQUISITION CORP (TCOA) | 0.5% | — | −0.5 pts | −80,984 sh | −100% |
| New | JVSPAC ACQUISITION CORP (JVSA) | — | 0.4% | +0.4 pts | +25,000 sh | new |
| New | HERAMBA ELEC PLC (PITEF) | — | 0.4% | +0.4 pts | +138K sh | new |
| New | URBAN ONE INC (UONEK) | — | 0.3% | +0.3 pts | +200K sh | new |
| New | STARDUST PWR INC (SDST) | — | 0.2% | +0.2 pts | +17,000 sh | new |
| Exited | URBAN ONE INC (UONE) | 0.2% | — | −0.2 pts | −200K sh | −100% |
| Exited | JVSPAC ACQUISITION CORP (JVSAU) | 0.1% | — | −0.1 pts | −25,000 sh | −100% |
| Exited | COMPLETE SOLARIA INC (CSLR) | 0.0% | — | 0.0 pts | −60,000 sh | −100% |
| New | RF ACQUISITION CORP II (RFAIR) | — | 0.0% | 0.0 pts | +100K sh | new |
| New | JVSPAC ACQUISITION CORP (JVSAR) | — | 0.0% | 0.0 pts | +25,000 sh | new |
| Exited | BANZAI INTERNATIONAL INC (BNZI) | 0.0% | — | 0.0 pts | −41,250 sh | −100% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 74.9% of the equity book
Changes in the top 10 this quarter: IEI entered · GLLI entered · PRLH entered · BRKH entered · SVII entered · WTMA entered · CVII left · SLAMF left · TRTL left · PEGR left · BITE left · RRAC left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ISHARES TR (IEI) | 0.0% | 18.8% | Entered the top 10 |
| 2 | HENNESSY CAPITAL INVST CORP (HCVI) | 2.7% | 8.9% | |
| 3 | FOCUS IMPACT ACQUISITION COR (FIAC) | 2.9% | 8.5% | |
| 4 | COMPASS DIGITAL ACQUISITN CO (CDAQ) | 2.8% | 8.4% | |
| 5 | FTAC EMERALD ACQUISITION COR (FLD) | 2.8% | 8.4% | |
| 6 | GLOBALINK INVT INC (GLLI) | 2.1% | 6.5% | Entered the top 10 |
| 7 | PEARL HOLDINGS ACQUISITN COR (PRLH) | 1.4% | 4.4% | Entered the top 10 |
| 8 | BURTECH ACQUISITION CORP (BRKH) | 1.4% | 4.2% | Entered the top 10 |
| 9 | SPRING VALLEY ACQUISTN CORP (SVII) | 1.1% | 3.5% | Entered the top 10 |
| 10 | WELSBACH TECH METALS ACQU CO (WTMA) | 1.1% | 3.5% | Entered the top 10 |
| — | CHURCHILL CAPITAL CORP VII (CVII) | 34.5% | 0.0% | Left the top 10 |
| — | SLAM CORP (SLAMF) | 8.0% | 0.0% | Left the top 10 |
| — | TORTOISEECOFIN ACQUISITION C (TRTL) | 6.5% | 0.0% | Left the top 10 |
| — | PROJECT ENERGY REIMAGINED AC (PEGR) | 4.2% | 0.0% | Left the top 10 |
| — | BITE ACQUISITION CORP (BITE) | 3.3% | 0.0% | Left the top 10 |
| — | RIGEL RESOURCE ACQ CORP (RRAC) | 2.9% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Reduced | ISHARES TR (HYG) | Put | 1M | 400K | $32.1M |