Spartan Fund Management Inc's Q3 2023 13F: 51 new positions, 114 exits
Form 13F-HR for the quarter ended Sep 30, 2023 · filed Oct 23, 2023 · 281 reported positions · accession 0001930346-23-000007
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | SLAM CORP (SLAMF) | 3.2% | 0.4% | −2.8 pts | −560K sh | −92% |
| Reduced | ZALATORIS II ACQUISITION COR (ZLS) | 3.0% | 1.5% | −1.5 pts | −399K sh | −68% |
| New | KEEN VISION ACQUISITION CORP (KVACU) | — | 2.5% | +2.5 pts | +328K sh | new |
| New | RIGEL RESOURCE ACQ CORP (RRAC) | — | 2.5% | +2.5 pts | +300K sh | new |
| Reduced | AIMFINITY INVESTMENT CORP I (AIMTF) | 2.1% | 0.8% | −1.3 pts | −306K sh | −75% |
| Exited | PAPAYA GRWT OPPORTUNITY CORP (PPYA) | 2.1% | — | −2.1 pts | −400K sh | −100% |
| New | KERNEL GROUP HOLDINGS INC (KRNL) | — | 2.0% | +2.0 pts | +250K sh | new |
| Reduced | ALPHAVEST ACQUISITION CORP (ATMV) | 1.7% | 0.7% | −1.0 pts | −250K sh | −73% |
| New | AP ACQUISITION CORP (APCA) | — | 1.9% | +1.9 pts | +233K sh | new |
| Reduced | SILVERBOX CORP III (SBXC) | 2.0% | 1.2% | −0.8 pts | −248K sh | −62% |
| Increased | TRISTAR ACQUISITION I CORP (TRIS) | 0.1% | 2.0% | +1.9 pts | +235K sh | +1567% |
| Exited | ARTEMIS STRATEGIC INVT CORP (ARTE) | 1.9% | — | −1.9 pts | −358K sh | −100% |
| Exited | STRATIM CLOUD ACQUISITION CO (SCAQ) | 1.9% | — | −1.9 pts | −368K sh | −100% |
| New | INVESTCORP INDIA ACQUISTN CO (IVCA) | — | 1.8% | +1.8 pts | +225K sh | new |
| New | INFINITE ACQUISITION CORP (NFNT) | — | 1.8% | +1.8 pts | +225K sh | new |
| Exited | TLG ACQUISITION ONE CORP (TLGA) | 1.7% | — | −1.7 pts | −330K sh | −100% |
| New | NABORS ENERGY TRANSITION COR (NETDU) | — | 1.7% | +1.7 pts | +220K sh | new |
| New | KENSINGTON CAPITAL ACQUISITI (KCGI) | — | 1.6% | +1.6 pts | +200K sh | new |
| Exited | FREEDOM ACQUISITION I CORP (FACT) | 1.6% | — | −1.6 pts | −305K sh | −100% |
| Exited | ACCRETION ACQUISITION CORP (ENER) | 1.5% | — | −1.5 pts | −292K sh | −100% |
| Exited | HH&L ACQUISITION CO (HHLA) | 1.4% | — | −1.4 pts | −282K sh | −100% |
| Increased | GLOBAL STAR ACQUISITION INC (GLST) | 0.1% | 1.6% | +1.5 pts | +177K sh | +645% |
| Reduced | BEARD ENERGY TRANSITION ACQ (BRD) | 2.2% | 2.1% | −0.1 pts | −172K sh | −40% |
| Increased | EXCELFIN ACQUISITION CORP (XFIN) | 0.2% | 1.8% | +1.5 pts | +170K sh | +345% |
| New | INFINT ACQUISITION CORP (CURR) | — | 1.3% | +1.3 pts | +159K sh | new |
| New | EVERGREEN CORPORATION (EVGR) | — | 1.2% | +1.2 pts | +150K sh | new |
| Reduced | MAGNUM OPUS ACQUISITION LTD (OPA) | 1.5% | 1.2% | −0.3 pts | −150K sh | −50% |
| New | PEARL HOLDINGS ACQUISITN COR (PRLH) | — | 1.2% | +1.2 pts | +150K sh | new |
| Exited | KNIGHTSWAN ACQUISITION CORP (KNSW) | 1.2% | — | −1.2 pts | −234K sh | −100% |
| Exited | BLACK MOUNTAIN ACQ CORP (BMAC) | 1.2% | — | −1.2 pts | −232K sh | −100% |
| New | COLISEUM ACQUISITION CORP (MITA) | — | 1.2% | +1.2 pts | +150K sh | new |
| New | ALCHEMY INVTS ACQUISITN CORP (ALCYF) | — | 1.2% | +1.2 pts | +150K sh | new |
| Exited | FTAC ZEUS ACQUISITION COR (ZING) | 1.1% | — | −1.1 pts | −225K sh | −100% |
| Exited | TWIN RIDGE CAPITAL ACQUIS CO (TRCA) | 1.1% | — | −1.1 pts | −215K sh | −100% |
| Exited | GOAL ACQUISITIONS CORP (PUCK) | 1.1% | — | −1.1 pts | −220K sh | −100% |
| New | CRIXUS BH3 ACQUISITION CO (BHAC) | — | 1.1% | +1.1 pts | +136K sh | new |
| Exited | PROOF ACQUISITION CORP I (SOAR) | 1.0% | — | −1.0 pts | −200K sh | −100% |
| Exited | FORUM MERGER IV CORP (FMIV) | 1.0% | — | −1.0 pts | −205K sh | −100% |
| Reduced | GRAF ACQUISITION CORP IV (GFOR) | 1.1% | 0.4% | −0.7 pts | −163K sh | −72% |
| Increased | BYNORDIC ACQUISITION CORP (BYNO) | 0.1% | 1.2% | +1.1 pts | +125K sh | +502% |
| Exited | EG ACQUISITION CORP (EGGF) | 1.0% | — | −1.0 pts | −200K sh | −100% |
| Exited | DA32 LIFE SCNCE TEC ACQSTN C (DALS) | 1.0% | — | −1.0 pts | −197K sh | −100% |
| Exited | SCREAMING EAGLE ACQUISITN CO (SCRM) | 1.0% | — | −1.0 pts | −195K sh | −100% |
| Exited | CONYERS PARK III ACQSITN COR (CPAA) | 1.0% | — | −1.0 pts | −196K sh | −100% |
| New | ALTC ACQUISITION CORP (ALCC) | — | 0.9% | +0.9 pts | +122K sh | new |
| Exited | ALPHA HEALTHCARE ACQU CORP I (ALPA) | 0.9% | — | −0.9 pts | −184K sh | −100% |
| Exited | FAST ACQUISITION CORP II (FZT) | 0.9% | — | −0.9 pts | −177K sh | −100% |
| Exited | GENESIS UNICORN CAPITAL CORP (GENQ) | 0.9% | — | −0.9 pts | −171K sh | −100% |
| Reduced | RCF ACQUISITION CORP (RCFA) | 1.4% | 1.4% | 0.0 pts | −102K sh | −38% |
| Reduced | HNR ACQUISITION CORP (EONR) | 0.8% | 0.4% | −0.4 pts | −102K sh | −68% |
The 50 largest of 223 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 — 21.8% of the equity book
Changes in the top 10 this quarter: KVACU entered · RRAC entered · MCAC entered · CFIV entered · CXAC entered · TRIS entered · CLIN entered · KRNL entered · APCA entered · SLAMF left · ZLS left · AIMTF left · PPYA left · SBXC left · ARTE left · SCAQ left · ATMV left · TLGA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | KEEN VISION ACQUISITION CORP (KVACU) | 0.0% | 2.5% | Entered the top 10 |
| 2 | RIGEL RESOURCE ACQ CORP (RRAC) | 0.0% | 2.5% | Entered the top 10 |
| 3 | MONTEREY CAP ACQUISITION COR (MCAC) | 1.2% | 2.4% | Entered the top 10 |
| 4 | CF ACQUISITION CORP IV (CFIV) | 1.6% | 2.3% | Entered the top 10 |
| 5 | BEARD ENERGY TRANSITION ACQ (BRD) | 2.2% | 2.1% | |
| 6 | C5 ACQUISITION CORPORATION (CXAC) | 1.3% | 2.1% | Entered the top 10 |
| 7 | TRISTAR ACQUISITION I CORP (TRIS) | 0.1% | 2.0% | Entered the top 10 |
| 8 | CLEAN EARTH ACQUISITIONS COR (CLIN) | 1.3% | 2.0% | Entered the top 10 |
| 9 | KERNEL GROUP HOLDINGS INC (KRNL) | 0.0% | 2.0% | Entered the top 10 |
| 10 | AP ACQUISITION CORP (APCA) | 0.0% | 1.9% | Entered the top 10 |
| — | SLAM CORP (SLAMF) | 3.2% | 0.4% | Left the top 10 |
| — | ZALATORIS II ACQUISITION COR (ZLS) | 3.0% | 1.5% | Left the top 10 |
| — | AIMFINITY INVESTMENT CORP I (AIMTF) | 2.1% | 0.8% | Left the top 10 |
| — | PAPAYA GRWT OPPORTUNITY CORP (PPYA) | 2.1% | 0.0% | Left the top 10 |
| — | SILVERBOX CORP III (SBXC) | 2.0% | 1.2% | Left the top 10 |
| — | ARTEMIS STRATEGIC INVT CORP (ARTE) | 1.9% | 0.0% | Left the top 10 |
| — | STRATIM CLOUD ACQUISITION CO (SCAQ) | 1.9% | 0.0% | Left the top 10 |
| — | ALPHAVEST ACQUISITION CORP (ATMV) | 1.7% | 0.7% | Left the top 10 |
| — | TLG ACQUISITION ONE CORP (TLGA) | 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).