Crossingbridge Advisors LLC's Q4 2024 13F: 38 new positions, 17 exits
Form 13F-HR for the quarter ended Dec 31, 2024 · filed Feb 14, 2025 · 72 reported positions · accession 0001104659-25-013884
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | Mountain Lake Acquisition Corp (MLACU) | — | 8.5% | +8.5 pts | +1.02M sh | new |
| New | GSR III ACQUISITION CORP (GSRT) | — | 6.6% | +6.6 pts | +798K sh | new |
| Reduced | CARTESIAN GROWTH CORP II (RENEF) | 10.7% | 2.1% | −8.7 pts | −578K sh | −73% |
| New | Translational Development Acquisition Corp (TDACU) | — | 5.0% | +5.0 pts | +600K sh | new |
| New | FLEX LNG LTD (FLNG) | — | 4.5% | +4.5 pts | +236K sh | new |
| Exited | ESH Acquisition Corp (ESHA) | 4.1% | — | −4.1 pts | −331K sh | −100% |
| New | Range Capital Acquisition Corp (RANGU) | — | 3.8% | +3.8 pts | +450K sh | new |
| Exited | AlphaVest Acquisition Corp (ATMV) | 3.6% | — | −3.6 pts | −277K sh | −100% |
| Exited | Slam Corp (SLAMF) | 3.6% | — | −3.6 pts | −272K sh | −100% |
| New | Jackson Acquisition Co II (JACS) | — | 3.3% | +3.3 pts | +400K sh | new |
| New | TAVIA ACQUISITION CORP (TAVI) | — | 3.3% | +3.3 pts | +400K sh | new |
| Exited | Keen Vision Acquisition Corp (KVAC) | 3.3% | — | −3.3 pts | −256K sh | −100% |
| Exited | Trailblazer Merger Corp I (TBMC) | 3.2% | — | −3.2 pts | −243K sh | −100% |
| New | Charlton Aria Acquisition Corp (CHAR) | — | 2.6% | +2.6 pts | +315K sh | new |
| New | CF Acquisition Corp VII (CFFS) | — | 2.4% | +2.4 pts | +250K sh | new |
| Exited | SK Growth Opportunities Corp (SKGR) | 2.3% | — | −2.3 pts | −175K sh | −100% |
| New | CO2 Energy Transition Corp (NOEMU) | — | 2.3% | +2.3 pts | +280K sh | new |
| Exited | Cayson Acquisition Corp (CAPNU) | 2.1% | — | −2.1 pts | −175K sh | −100% |
| Exited | Horizon Space Acquisition I Corp (HSPO) | 2.0% | — | −2.0 pts | −154K sh | −100% |
| Exited | TMT Acquisition Corp (TMTC) | 2.0% | — | −2.0 pts | −149K sh | −100% |
| New | GSR III Acquisition Corp (GSRTU) | — | 1.7% | +1.7 pts | +200K sh | new |
| New | Tavia Acquisition Corp (TAVIU) | — | 1.7% | +1.7 pts | +200K sh | new |
| New | LAMAR ADVERTISING CO-A (LAMR) | — | 1.5% | +1.5 pts | +15,000 sh | new |
| Exited | Eureka Acquisition Corp (EURK) | 1.5% | — | −1.5 pts | −125K sh | −100% |
| New | Cayson Acquisition Corp (CAPN) | — | 1.5% | +1.5 pts | +175K sh | new |
| Exited | Graf Global Corp (GRAF) | 1.4% | — | −1.4 pts | −119K sh | −100% |
| Increased | Global Lights Acquisition Corp (GLACF) | 1.2% | 2.2% | +1.0 pts | +152K sh | +155% |
| New | ALPINE INCOME PROPERTY TRUST (PINE) | — | 1.3% | +1.3 pts | +91,980 sh | new |
| Reduced | AA Mission Acquisition Corp (AAM) | 4.7% | 2.1% | −2.6 pts | −150K sh | −38% |
| Exited | Distoken Acquisition Corp (DIST) | 1.2% | — | −1.2 pts | −94,581 sh | −100% |
| New | ISHARES GLOBAL REIT ETF (REET) | — | 1.2% | +1.2 pts | +60,000 sh | new |
| Exited | Future Vision II Acquisition Corp (FVNNU) | 1.2% | — | −1.2 pts | −100K sh | −100% |
| Exited | Black Hawk Acquisition Corp (BKHA) | 1.0% | — | −1.0 pts | −83,225 sh | −100% |
| New | SAUL CENTERS INC (BFS) | — | 1.0% | +1.0 pts | +30,000 sh | new |
| New | GRAPHIC PACKAGING HOLDING CO (GPK) | — | 0.9% | +0.9 pts | +40,000 sh | new |
| Exited | Lionheart Holdings (CUBWU) | 0.9% | — | −0.9 pts | −75,000 sh | −100% |
| Reduced | Integrated Wellness Acquisition Corp (WEL) | 2.0% | 0.6% | −1.4 pts | −82,000 sh | −58% |
| New | GENWORTH FINANCIAL INC-CL A (GNW) | — | 0.8% | +0.8 pts | +134K sh | new |
| Increased | IB Acquisition Corp (IBAC) | 4.4% | 3.8% | −0.5 pts | +87,100 sh | +24% |
| New | CTO REALTY GROWTH INC (CTO) | — | 0.7% | +0.7 pts | +40,000 sh | new |
| Reduced | DT Cloud Star Acquisition Corp (DTSQ) | 4.7% | 2.7% | −2.0 pts | −75,000 sh | −19% |
| New | TLGY Acquisition Corp (TLGY) | — | 0.6% | +0.6 pts | +63,073 sh | new |
| New | AMREP CORP (AXR) | — | 0.6% | +0.6 pts | +22,899 sh | new |
| Exited | M3-Brigade Acquisition V Corp (MBAVU) | 0.6% | — | −0.6 pts | −50,000 sh | −100% |
| New | CHIMERA INVESTMENT CORP (CIM) | — | 0.6% | +0.6 pts | +50,000 sh | new |
| Reduced | BITCOIN DEPOT INC (BTMWQ) | 1.1% | 0.3% | −0.8 pts | −372K sh | −62% |
| New | Embrace Change Acquisition Corp (EMCGF) | — | 0.5% | +0.5 pts | +50,000 sh | new |
| New | byNordic Acquisition Corp (BYNO) | — | 0.5% | +0.5 pts | +50,000 sh | new |
| New | SMARTRENT INC (SMRT) | — | 0.5% | +0.5 pts | +325K sh | new |
| Reduced | Oak Woods Acquisition Corp (OAKU) | 3.3% | 1.9% | −1.4 pts | −49,680 sh | −20% |
The 50 largest of 67 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 — 46.0% of the equity book
Changes in the top 10 this quarter: MLACU entered · GSRT entered · TDACU entered · FLNG entered · RANGU entered · JACS entered · TAVI entered · RENEF left · AAM left · DTSQ left · ESHA left · IROH left · BOWN left · ATMV left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Mountain Lake Acquisition Corp (MLACU) | 0.0% | 8.5% | Entered the top 10 |
| 2 | GSR III ACQUISITION CORP (GSRT) | 0.0% | 6.6% | Entered the top 10 |
| 3 | Translational Development Acquisition Corp (TDACU) | 0.0% | 5.0% | Entered the top 10 |
| 4 | FLEX LNG LTD (FLNG) | 0.0% | 4.5% | Entered the top 10 |
| 5 | Legato Merger Corp III (LEGT) | 5.7% | 4.0% | |
| 6 | IB Acquisition Corp (IBAC) | 4.4% | 3.8% | |
| 7 | Range Capital Acquisition Corp (RANGU) | 0.0% | 3.8% | Entered the top 10 |
| 8 | Jackson Acquisition Co II (JACS) | 0.0% | 3.3% | Entered the top 10 |
| 9 | TAVIA ACQUISITION CORP (TAVI) | 0.0% | 3.3% | Entered the top 10 |
| 10 | FORUM ENERGY TECHNOLOGIES IN (FET) | 4.4% | 3.1% | |
| — | CARTESIAN GROWTH CORP II (RENEF) | 10.7% | 2.1% | Left the top 10 |
| — | AA Mission Acquisition Corp (AAM) | 4.7% | 2.1% | Left the top 10 |
| — | DT Cloud Star Acquisition Corp (DTSQ) | 4.7% | 2.7% | Left the top 10 |
| — | ESH Acquisition Corp (ESHA) | 4.1% | 0.0% | Left the top 10 |
| — | Iron Horse Acquisitions Corp (IROH) | 3.9% | 2.8% | Left the top 10 |
| — | Bowen Acquisition Corp (BOWN) | 3.8% | 2.7% | Left the top 10 |
| — | AlphaVest Acquisition Corp (ATMV) | 3.6% | 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).