Cohanzick Management LLC's Q1 2022 13F: 129 new positions, 108 exits
Form 13F-HR for the quarter ended Mar 31, 2022 · filed May 13, 2022 · 421 reported positions · accession 0001104659-22-060008
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | FIRSTMARK HORIZON ACQUISITION CL A (FMAC) | 2.4% | — | −2.4 pts | −1.06M sh | −100% |
| Exited | ACE CONVERGENCE ACQU-CLASS A (ACEV) | 2.2% | — | −2.2 pts | −958K sh | −100% |
| New | ICONIC SPORTS ACQ CORP-A (ICNC) | — | 2.0% | +2.0 pts | +872K sh | new |
| Reduced | ATLANTIC COASTAL ACQUISITI-A (ACAH) | 2.2% | 0.4% | −1.8 pts | −821K sh | −82% |
| Exited | SPREE ACQUISITION CORP 1 SH & 1/2 WT (SHAPU) | 1.7% | — | −1.7 pts | −752K sh | −100% |
| New | SPREE ACQUISITION CORP 1 LTD CL A ORD SHS (SHAP) | — | 1.7% | +1.7 pts | +752K sh | new |
| Exited | iShares iBoxx High Yield Corporate Bond ETF (HYG) | 1.7% | — | −1.7 pts | −82,798 sh | −100% |
| Exited | LARKSPUR HEALTH ACQUISITION (LSPRU) | 1.6% | — | −1.6 pts | −700K sh | −100% |
| New | LARKSPUR HEALTH ACQUISITIO-A (LSPR) | — | 1.6% | +1.6 pts | +700K sh | new |
| Reduced | VECTOR ACQUISITION CORP II-A (VAQC) | 2.0% | 0.6% | −1.4 pts | −615K sh | −68% |
| New | RELATIVITY ACQUISITION CORP (RACY) | — | 1.3% | +1.3 pts | +569K sh | new |
| Exited | ICONIC SPORTS ACQUISITION CO (ICNCU) | 1.1% | — | −1.1 pts | −490K sh | −100% |
| Increased | L&F ACQUISITION CORP/IL -A (LNFA) | 1.7% | 2.7% | +1.0 pts | +433K sh | +60% |
| Exited | NOVUS CAPITAL CORPORATION II (NXU) | 1.0% | — | −1.0 pts | −427K sh | −100% |
| Exited | INVESTCORP EUROPE 1 SH & 1/2 WT (IVCBU) | 0.9% | — | −0.9 pts | −400K sh | −100% |
| New | INVESTCORP EUROPE ACQUISITION CLASS A ORD SHS (IVCB) | — | 0.9% | +0.9 pts | +400K sh | new |
| New | HEARTLAND MEDIA ACQUISITION (HMAU) | — | 0.9% | +0.9 pts | +400K sh | new |
| Increased | MAGELLAN MIDSTREAM PARTNERS (MMP) | 0.4% | 1.3% | +0.9 pts | +80,322 sh | +229% |
| New | MERCURY ECOMMERCE ACQUISIT-A (SEPA) | — | 0.9% | +0.9 pts | +400K sh | new |
| Exited | M3 BRIGADE ACQUISITION 1 SH & 1/3 WT (MBSCU) | 0.9% | — | −0.9 pts | −388K sh | −100% |
| Increased | GLOBAL SPAC PARTNERS CO-SUB (GLSPT) | 0.4% | 1.3% | +0.9 pts | +384K sh | +233% |
| Exited | PARABELLUM ACQUISITION COR-A (PRBM) | 0.9% | — | −0.9 pts | −387K sh | −100% |
| Increased | EXECUTIVE NETWORK PARTNER-A (ENPC) | 0.5% | 1.3% | +0.9 pts | +377K sh | +183% |
| New | M3 BRIGADE ACQUISITION III (MBSC) | — | 0.8% | +0.8 pts | +371K sh | new |
| Exited | INTEGRATED RAIL AND RES 1 SH & WT (IRRXU) | 0.8% | — | −0.8 pts | −358K sh | −100% |
| New | AIB ACQUISITION CORP-A (AIB) | — | 0.8% | +0.8 pts | +350K sh | new |
| New | KNIGHTSWAN ACQUISITION CORP (KNSWU) | — | 0.7% | +0.7 pts | +325K sh | new |
| Exited | INFINT ACQUISITION CORP (IFIN) | 0.7% | — | −0.7 pts | −319K sh | −100% |
| New | GSR II METEORA ACQUISITION C (GSRMU) | — | 0.7% | +0.7 pts | +317K sh | new |
| Increased | BGP ACQUISITION CORP-A (BGPPF) | 1.1% | 1.8% | +0.7 pts | +328K sh | +65% |
| Increased | OMNICHANNEL ACQUISITION-CL A (OCA) | 1.1% | 1.8% | +0.7 pts | +313K sh | +64% |
| Exited | AULT DISRUPTIVE 1 SH & 3/4 WT (ADRTU) | 0.7% | — | −0.7 pts | −300K sh | −100% |
| New | HCM ACQUISITION CO (HCMAU) | — | 0.7% | +0.7 pts | +300K sh | new |
| New | ATLANTIC COASTAL AQSTN CORP II UNIT EX 011327 (ACABU) | — | 0.7% | +0.7 pts | +300K sh | new |
| New | AULT DISRUPTIVE TECHS CORP (ADRT) | — | 0.7% | +0.7 pts | +300K sh | new |
| Increased | TAILWIND ACQUISITION CORP (TWND) | 0.0% | 0.7% | +0.7 pts | +300K sh | +1624% |
| Reduced | TECH AND ENERGY TRANSITION-A (TETC) | 0.9% | 0.2% | −0.7 pts | −303K sh | −75% |
| Exited | MAGNUM OPUS ACQUISITION LTD SHS CL A (OPA) | 0.7% | — | −0.7 pts | −294K sh | −100% |
| Exited | TREBIA ACQUISITION CORP-A (TREB) | 0.6% | — | −0.6 pts | −272K sh | −100% |
| New | SIGNAL HILL ACQUISITION CORP (SGHLU) | — | 0.6% | +0.6 pts | +270K sh | new |
| New | 10X CAPITAL VENTURE ACQ III (VCXBU) | — | 0.6% | +0.6 pts | +258K sh | new |
| New | LAKESHORE ACQUISITION II COR (LBBBU) | — | 0.6% | +0.6 pts | +255K sh | new |
| New | FG MERGER CORP (FGMCU) | — | 0.6% | +0.6 pts | +250K sh | new |
| New | HNR ACQUISITION CORP (EONR-WT) | — | 0.6% | +0.6 pts | +250K sh | new |
| Exited | PEARL HOLDINGS ACQUISITION C (PRLHU) | 0.6% | — | −0.6 pts | −250K sh | −100% |
| New | PAPAYA GRWT OPPORTUNITY CORP I UNIT EX 123128 (PPYAU) | — | 0.6% | +0.6 pts | +250K sh | new |
| Reduced | REVELSTONE CAPITAL ACQUISITI (RCACU) | 1.1% | 0.6% | −0.6 pts | −247K sh | −49% |
| New | INFINT ACQUISITION CORP-A (CURR) | — | 0.6% | +0.6 pts | +244K sh | new |
| Exited | YELLOWSTONE ACQUISITION CO (YSAC) | 0.5% | — | −0.5 pts | −231K sh | −100% |
| Exited | EXCELFIN ACQUISITION CORP (XFINU) | 0.5% | — | −0.5 pts | −227K sh | −100% |
The 50 largest of 436 changes, by size of the trade. Full holdings for this quarter.
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 — 24.2% of the equity book
Changes in the top 10 this quarter: LNFA entered · ICNC entered · BGPPF entered · OCA entered · SHAP entered · FMAC left · ACAH left · ACEV left · VAQC left · SHAPU left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ZANITE ACQUISITION CORP-CL A (ZNTE) | 4.3% | 4.6% | |
| 2 | MASON INDUSTRIAL TECHN-CL A (MIT) | 3.6% | 3.6% | |
| 3 | L&F ACQUISITION CORP/IL -A (LNFA) | 1.7% | 2.7% | Entered the top 10 |
| 4 | CARNEY TECHNOLOGY ACQU- CL A (CTAQ) | 2.3% | 2.3% | |
| 5 | ICONIC SPORTS ACQ CORP-A (ICNC) | 0.0% | 2.0% | Entered the top 10 |
| 6 | CROWN PROPTECH ACQUISITION-A (CPTK) | 1.9% | 1.9% | |
| 7 | BGP ACQUISITION CORP-A (BGPPF) | 1.1% | 1.8% | Entered the top 10 |
| 8 | OMNICHANNEL ACQUISITION-CL A (OCA) | 1.1% | 1.8% | Entered the top 10 |
| 9 | BIOTECH ACQUISITION CO-CL A (BIOT) | 1.8% | 1.8% | |
| 10 | SPREE ACQUISITION CORP 1 LTD CL A ORD SHS (SHAP) | 0.0% | 1.7% | Entered the top 10 |
| — | FIRSTMARK HORIZON ACQUISITION CL A (FMAC) | 2.4% | 0.0% | Left the top 10 |
| — | ATLANTIC COASTAL ACQUISITI-A (ACAH) | 2.2% | 0.4% | Left the top 10 |
| — | ACE CONVERGENCE ACQU-CLASS A (ACEV) | 2.2% | 0.0% | Left the top 10 |
| — | VECTOR ACQUISITION CORP II-A (VAQC) | 2.0% | 0.6% | Left the top 10 |
| — | SPREE ACQUISITION CORP 1 SH & 1/2 WT (SHAPU) | 1.7% | 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 |
|---|---|---|---|---|---|
| Exited | January 22 Calls on NVTS US 10 1/21/2022 (NVTS) | Call | 1,000 | 0 | $0 |
| Exited | January 22 Calls on RKLB US 6 1/21/2022 (RKLBXXXX) | Call | 950 | 0 | $0 |
| New | June 22 Calls on GLNG US 17.5 6/17/2022 (GLNG) | Call | 0 | 600 | $462K |
| Exited | January 22 Calls on RNW US 5 1/21/2022 (RNW) | Call | 1,000 | 0 | $0 |
| Exited | January 22 Calls on RDW US 10 1/21/2022 (RDW) | Call | 1,139 | 0 | $0 |
| New | August 22 Calls on BOXD US 7.5 8/19/2022 | Call | 0 | 200 | $53K |
| New | April 22 Calls on TK US 2.5 4/14/2022 (SEALPRA) | Call | 0 | 400 | $25K |
| Exited | January 22 Puts on NVTS US 17.5 1/21/2022 (NVTS) | Put | 2 | 0 | $0 |