Fort Baker Capital Management LP
Follow13F filer, CIK 1688382, Larkspur, CA
Fort Baker Capital Management LP reported $621,008,006 across 66 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-14. Its ten largest share positions make up 46.76% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001667731-25-000270
- Period
- 2024-12-31
- Reported value
- $621M
- Holdings
- 66
- Top 10 weight
- 46.76%
- New
- 28
- Sold out
- 37
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| FYBRnew | +1,211,428 | $42M |
| Kadded | +343,315 | $27.8M |
| NESRnew | +3,088,210 | $27.7M |
| BERRY GLOBAL GROUP INCnew | +348,588 | $22.5M |
| ALEnew | +266,984 | $17.3M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SMARTSHEET INC. (CLASS A)exited | -616,585 | -$34.1M |
| ANSYS INCexited | -36,587 | -$11.7M |
| LIONS GATE ENTMNT CORPreduced | -1,493,574 | -$11.3M |
| LBRDKreduced | -146,101 | -$10.9M |
| BLACK SPADE ACQUISITION II Cexited | -1,058,588 | -$10.6M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q4 2024
Share positions as resolved from 13F-HR 0001667731-25-000270, largest first. % of portfolio is the value over $614,248,666, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| KKELLANOVA | 535,479 | $43.4M | 7.06% | +343,315 | Timeline | ||
| FYBRFRONTIER COMMUNICATIONS PARE | 1,211,428 | $42M | 6.84% | new | Timeline | ||
| ENSTAR GROUP LIMITEDENSTAR GROUP LIMITED | 106,013 | $34.1M | 5.56% | +48,035 | |||
| CCIXCHURCHILL CAPITAL CORP IX | 2,818,107 | $29M | 4.73% | -55,893 | Timeline | ||
| LBRDKLIBERTY BROADBAND CORP | 374,907 | $28M | 4.56% | -146,101 | Timeline | ||
| NESRNATIONAL ENERGY SERVICES REU | 3,088,210 | $27.7M | 4.5% | new | Timeline | ||
| BERRY GLOBAL GROUP INCBERRY GLOBAL GROUP INC | 348,588 | $22.5M | 3.67% | new | |||
| ALEALLETE INC | 266,984 | $17.3M | 2.82% | new | Timeline | ||
| HYACHAYMAKER ACQUISITION CORP IV | 1,511,441 | $16.3M | 2.65% | +200,800 | Timeline | ||
| HESS CORPHESS CORP | 119,257 | $15.9M | 2.58% | new | |||
| FWONALIBERTY MEDIA CORP DEL | 175,857 | $14.8M | 2.41% | new | Timeline | ||
| BLACK SPADE ACQUISITION II CBLACK SPADE ACQUISITION II C | 1,361,275 | $13.5M | 2.2% | new | |||
| ORMAT TECHNOLOGIES INCORMAT TECHNOLOGIES INC | 11,709,000 | $11.7M | 1.91% | new | |||
| SK GROWTH OPPORTUNITIES CORPSK GROWTH OPPORTUNITIES CORP | 970,000 | $11.3M | 1.84% | 0 | |||
| DRDBUROMAN DBDR ACQUISITION CORP | 1,000,000 | $9.97M | 1.62% | new | Timeline | ||
| DESPEGAR COM CORPDESPEGAR COM CORP | 499,156 | $9.61M | 1.56% | new | |||
| ZUORA INCZUORA INC | 924,162 | $9.17M | 1.49% | new | |||
| OMCOMNICOM GROUP INC | 90,000 | $7.8M | 1.27% | new | Timeline | ||
| ALDFALDEL FINL II INC | 557,900 | $5.54M | 0.9% | new | Timeline | ||
| LIONS GATE ENTMNT CORPLIONS GATE ENTMNT CORP | 665,496 | $5.02M | 0.82% | -1,493,574 | |||
| AVID BIOSERVICES INCAVID BIOSERVICES INC | 375,146 | $4.63M | 0.75% | new | |||
| OKTA INCOKTA INC | 4,598,000 | $4.43M | 0.72% | new | |||
| EVERI HLDGS INCEVERI HLDGS INC | 320,131 | $4.32M | 0.7% | new | |||
| NCL CORP LTDNCL CORP LTD | 4,000,000 | $4.18M | 0.68% | new | |||
| EVHEVOLENT HEALTH INC | 269,168 | $3.03M | 0.49% | new | Timeline | ||
| PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR | 3,190,000 | $2.97M | 0.48% | new | |||
| LIONSGATE STUDIOS CORPLIONSGATE STUDIOS CORP | 262,801 | $2M | 0.33% | -76,436 | |||
| SK GROWTH OPPORTUNITIES CORPSK GROWTH OPPORTUNITIES CORP | 2,163,213 | $1.3M | 0.21% | +72,891 | |||
| NATIONAL ENERGY SERVICES REUNATIONAL ENERGY SERVICES REU | 3,221,420 | $1.26M | 0.2% | new | |||
| CCIXWCHURCHILL CAPITAL CORP IX | 590,775 | $257K | 0.04% | -127,723 | Timeline | ||
| BLACK SPADE ACQUISITION II CBLACK SPADE ACQUISITION II C | 322,644 | $145K | 0.02% | new | |||
| HAYMAKER ACQUISITION CORP IVHAYMAKER ACQUISITION CORP IV | 605,807 | $92.2K | 0.02% | -72,400 | |||
| ALDFWALDEL FINL II INC | 278,949 | $83.7K | 0.01% | new | Timeline | ||
| MONEYLION INCMONEYLION INC | 289,473 | $52.9K | 0.01% | new | |||
| ARES ACQUISITION CORP II-28ARES ACQUISITION CORP II-28 | 322,934 | $48.4K | 0.01% | 0 | |||
| ESHARESH ACQUISITION CORP | 305,145 | $27.5K | <0.01% | 0 | Timeline | ||
| CXAIWCXAPP INC | 25,975 | $5.82K | <0.01% | -266,895 | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| JUNIPER NETWORKS INCJUNIPER NETWORKS INC COM | call | 177,200 | $6.64M | 0 |
| DESPEGAR COM CORPDESPEGAR COM CORP ORD SHS | call | 6,400 | $123K | new |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| CABLE ONE INCCABLE ONE INC NOTE 3/1 | principal | 22,961,000 | $21.3M | -7,289,000 |
| ZIFF DAVIS INCZIFF DAVIS INC NOTE 1.75% 11/01/2026 | principal | 20,891,000 | $19.7M | -7,000,000 |
| MARRIOTT VACATION WORLDWMARRIOTT VACATION WORLDW NOTE 1/1 | principal | 20,414,000 | $19.4M | -6,866,000 |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 20,696,000 | $18.5M | -4,304,000 |
| EZCORP INCEZCORP INC NOTE 2.375% 5/0 | principal | 12,871,000 | $12.9M | -8,000,000 |
| SOUTHERN COSOUTHERN CO NOTE 3.875%12/1 | principal | 11,187,000 | $11.8M | -12,700,000 |
| CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1 | principal | 10,696,000 | $11.1M | -3,804,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500%12/1 | principal | 9,350,000 | $10.3M | -11,550,000 |
| DEXCOM INCDEXCOM INC NOTE 0.250%11/1 | principal | 9,000,000 | $8.68M | new |
| LYFT INCLYFT INC NOTE 1.500% 5/1 | principal | 8,200,000 | $8.11M | -2,500,000 |
| Shift4 Payments IncShift4 Payments Inc Convertible bond | principal | 5,500,000 | $7.43M | -2,000,000 |
| JETBLUE AIRWAYS CORPJETBLUE AIRWAYS CORP NOTE 0.500% 4/0 | principal | 7,473,000 | $6.97M | 0 |
| VAIL RESORTS INCVAIL RESORTS INC NOTE 1/0 | principal | 7,129,000 | $6.78M | 0 |
| GUARDANT HEALTH INCGUARDANT HEALTH INC NOTE 11/1 | principal | 7,305,000 | $6.14M | +411,000 |
| SOLAREDGE TECHNOLOGIES INCSOLAREDGE TECHNOLOGIES INC NOTE 9/1 | principal | 5,935,000 | $5.56M | +1,935,000 |
| RINGCENTRAL INCRINGCENTRAL INC NOTE 3/1 | principal | 5,100,000 | $4.74M | +4,100,000 |
| BLOCK INCBLOCK INC NOTE 0.125% 3/0 | principal | 4,268,000 | $4.24M | 0 |
| PELOTON INTERACTIVE INCPELOTON INTERACTIVE INC NOTE 2/1 | principal | 4,244,000 | $3.97M | -839,000 |
| AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A | principal | 4,200,000 | $3.94M | -8,500,000 |
| EVENTBRITE INCEVENTBRITE INC NOTE 0.750% 9/1 | principal | 4,000,000 | $3.51M | new |
| AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC NOTE 6.500% 7/0 | principal | 2,578,000 | $3.1M | -2,621,000 |
| CAPITAL SOUTHWEST CORPCAPITAL SOUTHWEST CORP Convertible Bond | principal | 3,000,000 | $2.95M | new |
| AIR TRANS SVCS GROUP INCAIR TRANS SVCS GROUP INC BOND | principal | 2,889,000 | $2.91M | new |
| FIRSTENERGY CORPFIRSTENERGY CORP NOTE 4.000% 5/0 | principal | 2,546,000 | $2.57M | -7,000,000 |
| Shopify IncShopify Inc Convertible bond | principal | 2,177,000 | $2.22M | -9,623,000 |
| EVENTBRITE INCEVENTBRITE INC NOTE 5.000%12/0 | principal | 1,281,000 | $1.28M | -219,000 |
| UPWORK INCUPWORK INC NOTE 0.250% 8/1 | principal | 666,000 | $616K | -1,000,000 |
Sold out in Q4 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SMARTSHEET INC. (CLASS A)SMARTSHEET INC. (CLASS A) | 616,585 | $34.1M | shares |
| DAYFORCE INCDAYFORCE INC | 20,700,000 | $19.5M | principal |
| PENNYMAC CORPPENNYMAC CORP | 17,974,000 | $18.4M | principal |
| ORMAT TECHNOLOGIES INCORMAT TECHNOLOGIES INC | 15,000,000 | $15.8M | principal |
| ANSYS INCANSYS INC | 36,587 | $11.7M | shares |
| BLACK SPADE ACQUISITION II CBLACK SPADE ACQUISITION II C | 1,058,588 | $10.6M | shares |
| VISTA OUTDOOR INCVISTA OUTDOOR INC | 185,000 | $7.25M | shares |
| RWT HLDGS INCRWT HLDGS INC | 6,332,000 | $6.49M | principal |
| ATLANTICA SUSTAINABLE INFRAATLANTICA SUSTAINABLE INFRA | 6,375,000 | $6.36M | principal |
| LLYVKLIBERTY MEDIA CORP DEL | 107,322 | $5.51M | shares |
| AMTMAMENTUM HOLDINGS INC | 167,490 | $5.4M | shares |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC | 5,348,000 | $5.29M | principal |
| OKTA INCOKTA INC | 5,000,000 | $4.78M | principal |
| AXONICS INCAXONICS INC | 57,590 | $4.01M | shares |
| ENVESTNET INCENVESTNET INC | 62,457 | $3.91M | shares |
| ESHAESH ACQUISITION CORP | 305,145 | $3.24M | shares |
| PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR | 3,190,000 | $2.95M | principal |
| CERENCE INCCERENCE INC | 2,500,000 | $2.38M | principal |
| VSTSVESTIS CORPORATION | 123,662 | $1.85M | shares |
| IMMATICS N.VIMMATICS N.V | 790,094 | $1.82M | shares |
| RINGCENTRAL INCRINGCENTRAL INC | 1,344,000 | $1.31M | principal |
| COMPOSECURE INCCOMPOSECURE INC | 273,702 | $1.03M | shares |
| GCM GROSVENOR INCGCM GROSVENOR INC | 507,520 | $447K | shares |
| LANDSEA HOMES CORPLANDSEA HOMES CORP | 974,221 | $285K | shares |
| EQCEQUITY COMMONWEALTH | 10,000 | $199K | shares |
| SEAPORT ENTMT GROUP INCSEAPORT ENTMT GROUP INC | 54,216 | $160K | shares |
| ALGOMA STL GROUP INCALGOMA STL GROUP INC | 91,549 | $158K | shares |
| LAVORO LTD WT EXP (CYM)LAVORO LTD WT EXP (CYM) | 414,661 | $126K | shares |
| SPWRWSUNPOWER INC | 416,854 | $115K | shares |
| ADVANTAGE SOLUTIONS INCADVANTAGE SOLUTIONS INC | 798,506 | $25.1K | shares |
| RCKTWROCKET PHARMACEUTICALS INC | 328,698 | $23.7K | shares |
| D-WAVE QUANTUM INCD-WAVE QUANTUM INC | 132,216 | $11.9K | shares |
| Pearl Holdings Acquisition …Pearl Holdings Acquisition Corp | 265,365 | $8.62K | shares |
| BLEUACACIA LTDBLEUACACIA LTD | 272,373 | $7.44K | shares |
| NKGEN BIOTECH INCNKGEN BIOTECH INC | 36,934 | $2.61K | shares |
| PARAWBANZAI INTERNATIONAL INC | 225,278 | $1.82K | shares |
| STRYVE FOODS INCSTRYVE FOODS INC | 115,965 | $834 | shares |
How Q4 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001667731-25-000270 | base | 2025-02-14 | acceptance time not in the bulk data set |