Cohanzick Management LLC's Q1 2023 13F: 17 new positions, 117 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 12, 2023 · 95 reported positions · accession 0001104659-23-059660
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | ICONIC SPORTS ACQUISITION CORP CL A ORD SHS (ICNC) | 4.9% | 1.6% | −3.3 pts | −1.2M sh | −90% |
| Reduced | CACTUS ACQUISITION CORP 1 LTD CLASS A ORD (CCTS) | 3.1% | 0.0% | −3.1 pts | −866K sh | −100% |
| Reduced | SPREE ACQUISITION CORP 1 LTD CL A ORD SHS (SHAP) | 2.7% | 0.6% | −2.2 pts | −702K sh | −94% |
| Reduced | INNOVATIVE INTL ACQUSITIN CORP CLASS A ORD (IOAC) | 1.9% | 0.1% | −1.8 pts | −517K sh | −98% |
| Exited | MASON INDUSTRIAL TECHN-CL A (MIT) | 5.8% | — | −5.8 pts | −1.62M sh | −100% |
| Reduced | ARYA SCIENCES ACQUISITN CORP V CLASS A ORD SHS (ARYE) | 2.4% | 2.2% | −0.1 pts | −471K sh | −71% |
| Increased | CTO REALTY GROWTH INC (CTO) | 0.5% | 6.8% | +6.3 pts | +264K sh | +329% |
| Reduced | ELLIOTT OPPORTUNITY II COR-A (EOCW) | 2.3% | 3.9% | +1.5 pts | −326K sh | −50% |
| Increased | SCREAMING EAGLE ACQ -CLASS A (SCRM) | 0.5% | 5.6% | +5.0 pts | +328K sh | +221% |
| Exited | ENDI CORP (ENDI) | 3.5% | — | −3.5 pts | −2.65M sh | −100% |
| Exited | CROWN PROPTECH ACQUISITIONS (CPTK) | 3.5% | — | −3.5 pts | −966K sh | −100% |
| New | MARS ACQUISITION CORP (MARX) | — | 3.4% | +3.4 pts | +294K sh | new |
| Reduced | CRESCERA CAP ACQUISITION CORP CLASS A ORD SHS (CREEF) | 1.4% | 1.4% | 0.0 pts | −275K sh | −71% |
| Reduced | HCM ACQUISITION CO (HCMA) | 1.1% | 0.5% | −0.6 pts | −255K sh | −85% |
| New | ISRAEL ACQUISITIONS CORP (ISRL) | — | 3.0% | +3.0 pts | +253K sh | new |
| Exited | GOAL ACQUISITIONS CORP (PUCK) | 2.9% | — | −2.9 pts | −802K sh | −100% |
| Increased | BIOTE CORP (BTMD) | 0.2% | 3.6% | +3.4 pts | +380K sh | +314% |
| Exited | PONTEM CORP-CLASS A (PNTM) | 2.7% | — | −2.7 pts | −742K sh | −100% |
| New | GENERATION ASIA I ACQUISITION CL A ORD SHS (GAQ) | — | 2.5% | +2.5 pts | +213K sh | new |
| Exited | GLOBAL PARTNER ACQUISITION CORP. II - A (GPAC) | 2.4% | — | −2.4 pts | −681K sh | −100% |
| Exited | TIO TECH A- CLASS A (TIOA) | 2.2% | — | −2.2 pts | −617K sh | −100% |
| Increased | ENPHYS ACQUISITION CORP (NFYS) | 0.1% | 2.7% | +2.5 pts | +187K sh | +461% |
| Increased | JAGUAR GLOBAL GROWTH CORP I (JGGC) | 0.2% | 2.5% | +2.3 pts | +150K sh | +263% |
| Reduced | APOLLO STRATEGIC GRWT CPTL II SHS CL A (APGB) | 1.6% | 3.5% | +1.9 pts | −150K sh | −34% |
| Exited | AGILE GROWTH CORP-A (AGGR) | 1.6% | — | −1.6 pts | −446K sh | −100% |
| Exited | MERCATO PARTNERS ACQUISITION C CLASS A COM (MPRA) | 1.5% | — | −1.5 pts | −414K sh | −100% |
| Exited | PERIDOT ACQUISITION CORP-A (PDOT) | 1.4% | — | −1.4 pts | −398K sh | −100% |
| New | TMT ACQUISITION CORP (TMTC) | — | 1.4% | +1.4 pts | +122K sh | new |
| New | PONO CAP THREE INC (HOVRW) | — | 1.4% | +1.4 pts | +119K sh | new |
| Exited | MERCURY ECOM ACQUISITION CORP CLASS A COM (SEPA) | 1.4% | — | −1.4 pts | −393K sh | −100% |
| Exited | INVESTCORP EUROPE ACQUISITION CLASS A ORD SHS (IVCB) | 1.4% | — | −1.4 pts | −370K sh | −100% |
| Exited | PIVOTAL INVESTMENT CORP III (PICC) | 1.3% | — | −1.3 pts | −357K sh | −100% |
| Exited | KAIROS ACQUISITION CORP-A (KAIR) | 1.3% | — | −1.3 pts | −350K sh | −100% |
| Exited | WILLIAMS ROWLAND ACQUISITION (WRAC) | 1.2% | — | −1.2 pts | −349K sh | −100% |
| Exited | IBERE PHARMACEUTICALS-A (IBER) | 1.2% | — | −1.2 pts | −345K sh | −100% |
| Exited | CARTESIAN GROWTH CORP (GLBL) | 1.2% | — | −1.2 pts | −342K sh | −100% |
| Reduced | BULLPEN PARLAY ACQUISITION CO CLASS A ORD SHS (BPAC) | 0.5% | 0.4% | −0.1 pts | −102K sh | −75% |
| New | FOUR LEAF ACQUISITION CORP (FORL) | — | 1.2% | +1.2 pts | +100K sh | new |
| New | TORTOISEECOFIN ACQUISITION CO SHS CL A (TRTL) | — | 1.2% | +1.2 pts | +100K sh | new |
| New | TRAILBLAZER MERGER CORP I (TBMCU) | — | 1.2% | +1.2 pts | +100K sh | new |
| Increased | WAVERLEY CAPITAL ACQUISITI-A (WAVC) | 0.6% | 3.2% | +2.5 pts | +95,000 sh | +54% |
| Exited | DIRECT SELLING ACQUISITION-A (DSAQ) | 1.1% | — | −1.1 pts | −300K sh | −100% |
| Exited | NORTH ATLANTIC ACQUISITION-A (NAAC) | 1.1% | — | −1.1 pts | −300K sh | −100% |
| Increased | LEGATO MERGER CORP II SPONSOR SHARES (LGTO) | 0.2% | 1.4% | +1.2 pts | +141K sh | +282% |
| Increased | CARTESIAN GROWTH CORP II (RENEF) | 0.3% | 1.8% | +1.6 pts | +80,920 sh | +116% |
| New | OAK WOODS ACQUISITION CORP (OAKU) | — | 0.9% | +0.9 pts | +80,000 sh | new |
| Exited | LAKESHORE ACQUISITION II CORP. (LBBB) | 0.9% | — | −0.9 pts | −255K sh | −100% |
| Reduced | ENTERPRISE 4.0 TEC ACQSTN CORP CLASS A ORD SHS (ENTF) | 0.3% | 0.2% | −0.1 pts | −73,394 sh | −80% |
| Reduced | VERIZON COMMUNICATIONS INC (VZ) | 0.4% | 0.4% | 0.0 pts | −19,023 sh | −66% |
| Reduced | CHURCHILL CAPITAL CORP VII (CVII) | 0.3% | 0.3% | −0.1 pts | −70,658 sh | −75% |
The 50 largest of 175 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 — 44.6% of the equity book
Changes in the top 10 this quarter: CTO entered · VSAC entered · SCRM entered · PFTA entered · MBSC entered · EOCW entered · BTMD entered · APGB entered · MARX entered · WAVC entered · MIT left · ICNC left · ENDI left · CPTK left · CCTS left · PUCK left · SHAP left · PNTM left · GPAC left · ARYE left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | CTO REALTY GROWTH INC (CTO) | 0.5% | 6.8% | Entered the top 10 |
| 2 | VISION SENSING ACQUISITION-A (VSAC) | 1.8% | 5.9% | Entered the top 10 |
| 3 | SCREAMING EAGLE ACQ -CLASS A (SCRM) | 0.5% | 5.6% | Entered the top 10 |
| 4 | PORTAGE FINTECH ACQUISITIO-A (PFTA) | 1.3% | 4.4% | Entered the top 10 |
| 5 | M3 BRIGADE ACQUISITION III (MBSC) | 1.3% | 4.4% | Entered the top 10 |
| 6 | ELLIOTT OPPORTUNITY II COR-A (EOCW) | 2.3% | 3.9% | Entered the top 10 |
| 7 | BIOTE CORP (BTMD) | 0.2% | 3.6% | Entered the top 10 |
| 8 | APOLLO STRATEGIC GRWT CPTL II SHS CL A (APGB) | 1.6% | 3.5% | Entered the top 10 |
| 9 | MARS ACQUISITION CORP (MARX) | 0.0% | 3.4% | Entered the top 10 |
| 10 | WAVERLEY CAPITAL ACQUISITI-A (WAVC) | 0.6% | 3.2% | Entered the top 10 |
| — | MASON INDUSTRIAL TECHN-CL A (MIT) | 5.8% | 0.0% | Left the top 10 |
| — | ICONIC SPORTS ACQUISITION CORP CL A ORD SHS (ICNC) | 4.9% | 1.6% | Left the top 10 |
| — | ENDI CORP (ENDI) | 3.5% | 0.0% | Left the top 10 |
| — | CROWN PROPTECH ACQUISITIONS (CPTK) | 3.5% | 0.0% | Left the top 10 |
| — | CACTUS ACQUISITION CORP 1 LTD CLASS A ORD (CCTS) | 3.1% | 0.0% | Left the top 10 |
| — | GOAL ACQUISITIONS CORP (PUCK) | 2.9% | 0.0% | Left the top 10 |
| — | SPREE ACQUISITION CORP 1 LTD CL A ORD SHS (SHAP) | 2.7% | 0.6% | Left the top 10 |
| — | PONTEM CORP-CLASS A (PNTM) | 2.7% | 0.0% | Left the top 10 |
| — | GLOBAL PARTNER ACQUISITION CORP. II - A (GPAC) | 2.4% | 0.0% | Left the top 10 |
| — | ARYA SCIENCES ACQUISITN CORP V CLASS A ORD SHS (ARYE) | 2.4% | 2.2% | 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).