Periscope Capital Inc.

13F filer, CIK 1695320, Toronto, Ontario, Canada

Periscope Capital Inc. reported $628,533,348 across 286 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-13. Its ten largest share positions make up 13.1% of the portfolio.

Filed 2025-11-13 (acceptance time not in the bulk data set), ingested 2026-10-07 03:02:25 UTC13F-HR 0001193125-25-279757

Period: 2025-09-30
Reported value: $629M
Holdings: 286
Top 10 weight: 13.1%
New: 97
Sold out: 45

Largest buys vs the previous quarter

Security	Shares change	Approx. value
BCSSUnew	+686,000	$6.92M
SVACUnew	+556,000	$5.72M
HCM III ACQUISITION CORPnew	+500,000	$5.16M
BTC DEV CORPnew	+508,500	$5.14M
BCARnew	+500,000	$4.96M

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
PACHUexited	-566,006	-$5.66M
CHURCHILL CAP CORP Xexited	-500,000	-$5.15M
JENAUexited	-451,500	-$4.64M
TVAIUexited	-383,700	-$3.9M
BACCUexited	-353,800	-$3.55M

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, Q3 2025

Share positions as resolved from 13F-HR 0001193125-25-279757, largest first. % of portfolio is the value over $411,067,511, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
BCSSUBAIN CAP GSS INVT CORP	686,000	$6.92M	1.68%	new	Timeline
SVACUSPRING VY ACQUISITION CORP I	556,000	$5.72M	1.39%	new	Timeline
CHACCRANE HARBOR ACQU CORP - A	525,000	$5.32M	1.3%	-25,000	Timeline
ONENHENNESSY CAP INVT CORP VII	507,043	$5.16M	1.26%	+45,543	Timeline
DRDBROMAN DBDR ACQUISITION CORP	500,000	$5.16M	1.26%	+77,550	Timeline
HCM III ACQUISITION CORPHCM III ACQUISITION CORP	500,000	$5.16M	1.25%	new
BTC DEV CORPBTC DEV CORP	508,500	$5.14M	1.25%	new
ATIIARCHIMEDES TECH SPAC PARTNER	500,000	$5.12M	1.24%	+50,000	Timeline
KFIIK&F GROWTH ACQUISITION CORP	500,000	$5.11M	1.24%	+62,800	Timeline
COPLCOPLEY ACQUISITION CORP	500,000	$5.06M	1.23%	+200	Timeline
BCARD. BORAL ARC ACQ I CORP.	500,000	$4.96M	1.21%	new	Timeline
ALDFALDEL FINL II INC	475,000	$4.96M	1.21%	+47,749	Timeline
CCIICOHEN CIRCLE ACQUISIT CORP I	475,000	$4.82M	1.17%	new	Timeline
TACHTITAN ACQUISITION CORP	475,000	$4.81M	1.17%	+25,200	Timeline
FACCARTESIAN GROWTH CORP III	475,000	$4.77M	1.16%	+125,000	Timeline
SIMASIM ACQUISITION CORP. I	450,000	$4.74M	1.15%	+225,000	Timeline
INACINDIGO ACQUISITION CORP	475,000	$4.74M	1.15%	new	Timeline
PACHPIONEER ACQUISITION I CORP	475,000	$4.73M	1.15%	new	Timeline
JACSJACKSON ACQUISITION CO II	450,000	$4.67M	1.14%	+125,000	Timeline
BEAGBOLD EAGLE ACQUISITION CORP	446,300	$4.64M	1.13%	-3,700	Timeline
SVCCSTELLAR V CAP CORP	450,000	$4.63M	1.13%	+66,300	Timeline
PLMKPLUM ACQUISITION CORP IV	445,500	$4.6M	1.12%	+70,500	Timeline
NHICNEWHOLD INVT CORP III	450,000	$4.58M	1.11%	+50,000	Timeline
JENAJENA ACQUISITION CORP II	450,000	$4.57M	1.11%	new	Timeline
SOCASOLARIUS CAPITAL ACQU CORP	450,000	$4.49M	1.09%	new	Timeline
GTERAGLOBA TERRA ACQUISITION COR	449,200	$4.48M	1.09%	new	Timeline
EVACEQV VENTURES AC CORP. II	449,800	$4.48M	1.09%	new	Timeline
FACTFACT II ACQUISITION CORP	433,100	$4.47M	1.09%	+233,100	Timeline
AACBARTIUS II ACQUISITION INC	432,800	$4.39M	1.07%	+204,400	Timeline
MLACMOUNTAIN LAKE ACQUISITION CO	424,388	$4.38M	1.07%	+74,388	Timeline
NPACNEW PROVIDENCE ACQUISITION C	430,388	$4.37M	1.06%	new	Timeline
RACRITHM ACQUISITION CORP	424,621	$4.35M	1.06%	+25,000	Timeline
SDHISIDDHI ACQUISITION CORP	425,000	$4.32M	1.05%	+25,000	Timeline
TVATEXAS VENTURES ACQUISITION I	400,000	$4.28M	1.04%	0	Timeline
OTGAUOTG ACQUISITION CORP. I	425,000	$4.28M	1.04%	new	Timeline
TVAITHAYER VENTURES ACQ CORP II	425,000	$4.26M	1.04%	new	Timeline
OACCOAKTREE ACQUISITION CORP III	400,000	$4.2M	1.02%	0	Timeline
TDACTRANSLATIONAL DEV ACQUISITIO	400,090	$4.14M	1.01%	+200,090	Timeline
GTENGORES HLDGS X INC	400,000	$4.08M	0.99%	-60,800	Timeline
SZZLSIZZLE ACQUISITION CORP. II	400,002	$4.03M	0.98%	+150,002	Timeline
ORIQORIGIN INVT CORP I	400,000	$4.02M	0.98%	new	Timeline
LIGHTWAVE ACQUISITION CORPLIGHTWAVE ACQUISITION CORP	400,000	$4.02M	0.98%	+76,724
KCHVKOCHAV DEFENSE ACQUI CO	400,000	$4.01M	0.98%	new	Timeline
GALATA ACQUISITION CORP IIGALATA ACQUISITION CORP II	400,000	$3.99M	0.97%	new
MBVIUM3-BRIGADE ACQUISITION VI CO	393,300	$3.98M	0.97%	new	Timeline
OBAOXLEY BRIDGE ACQ LTD	389,000	$3.87M	0.94%	new	Timeline
SPEGSILVER PEGASUS ACQUISITION C	375,241	$3.74M	0.91%	new	Timeline
AXINAXIOM INTELLIGENCE AC CORP 1	375,000	$3.73M	0.91%	new	Timeline
PMTRPERIMETER ACQUISITION CORP I	365,000	$3.71M	0.9%	+160,600	Timeline
GPATGP-ACT III ACQUISITION CORP	344,000	$3.65M	0.89%	+109,000	Timeline
ANSCAGRICULTURE & NAT SOL ACQ CO	325,000	$3.55M	0.86%	0	Timeline
KOYNUCSLM DIGITA ASSET ACQ CORP I	350,000	$3.54M	0.86%	new	Timeline
CRAQCAL REDWOOD ACQUISITION CORP	350,000	$3.5M	0.85%	+103,749	Timeline
BACCBLUE ACQUISITION CORP.	350,000	$3.5M	0.85%	new	Timeline
LEGTLEGATO MERGER CORP III	325,000	$3.5M	0.85%	0	Timeline
FIGXFIGX CAP ACQUISITION CORP.	350,000	$3.5M	0.85%	new	Timeline
BLUWBLUE WTR ACQUISITION CORP. I	349,800	$3.49M	0.85%	new	Timeline
ENHAA PARADISE ACQUISITION CORP	350,000	$3.47M	0.84%	new	Timeline
LPBBLAUNCH TWO ACQUISITION CORP.	325,000	$3.4M	0.83%	0	Timeline
OYSEOYSTER ENTERPRISES II ACQUIS	325,000	$3.26M	0.79%	new	Timeline
ALFCENTURION ACQUISITION CORP	304,554	$3.21M	0.78%	+23,054	Timeline
XRPNARMADA ACQUISITION CORP II	300,000	$3.13M	0.76%	+100,000	Timeline
HYACHAYMAKER ACQUISITION CORP IV	275,000	$3.12M	0.76%	-75,000	Timeline
NTWONEWBURY STR II ACQUISITION C	300,000	$3.11M	0.76%	0	Timeline
GSHRGESHER ACQUISITION CORP. II	303,033	$3.08M	0.75%	+53,433	Timeline
RDAGREPUBLIC DIGITAL ACQUISITION	299,800	$3.06M	0.74%	+9,000	Timeline
CEPFCANTOR EQUITY PARTNERS IV IN	300,000	$3.06M	0.74%	new	Timeline
POLEANDRETTI ACQUISITION CORP II	288,990	$3.02M	0.74%	+227,790	Timeline
MKLYUMCKINLEY ACQUISITION CORP	301,200	$3.01M	0.73%	new	Timeline
VCICVINE HILL CAP INVT CORP.	275,000	$2.95M	0.72%	-78,600	Timeline
CCIXCHURCHILL CAPITAL CORP IX	275,000	$2.88M	0.7%	0	Timeline
TMSLIVE OAK ACQUISITION CORP V	279,433	$2.85M	0.69%	+129,433	Timeline
FGMCFG MERGER II CORP	283,100	$2.83M	0.69%	+33,100	Timeline
IPCXINFLECTION PT ACQUISITION CO	275,000	$2.77M	0.67%	+38,743	Timeline
SOULSOULPOWER ACQUISITION CORP	268,734	$2.71M	0.66%	new	Timeline
TONTGRAF GLOBAL CORP	247,500	$2.61M	0.63%	0	Timeline
MRLNMERLIN INC	250,000	$2.6M	0.63%	-75,000	Timeline
FTWEQV VENTURES ACQUISITION C-A	250,000	$2.6M	0.63%	-28,158	Timeline
DMIIUDRUGS MADE IN AMER ACQ II CO	250,000	$2.49M	0.6%	new	Timeline
VNMEVENDOME ACQUISITION CORP I	250,000	$2.48M	0.6%	new	Timeline
MACIMELAR ACQUISITION CORP. I	235,412	$2.47M	0.6%	+35,412	Timeline
HDRNGIGCAPITAL7 CORP	225,000	$2.37M	0.58%	+25,000	Timeline
FERAFIFTH ERA ACQUISITION CORP I	225,000	$2.29M	0.56%	new	Timeline
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR	200,000	$2.24M	0.55%	-100,000
NMPNMP ACQUISITION CORP	223,985	$2.22M	0.54%	new	Timeline
AEXAAMERICAN EXCEPTIONALISM ACQU	201,000	$2.2M	0.53%	new	Timeline
CUBLIONHEART HOLDINGS	200,000	$2.11M	0.51%	new	Timeline
LPAALAUNCH ONE ACQUISITION CORP	200,000	$2.1M	0.51%	-2,500	Timeline
SBXDFSILVERBOX CORP IV	200,000	$2.09M	0.51%	-42,657	Timeline
GSRFUGSR IV ACQUISITION CORP	200,000	$2.03M	0.49%	new	Timeline
PELIPELICAN ACQUISITION CORP SHS (	200,000	$2.01M	0.49%	0	Timeline
EGHAEGH ACQUISITION CORP.	200,000	$2.01M	0.49%	new	Timeline
EMMIS ACQUISITION CORP.EMMIS ACQUISITION CORP.	200,000	$2M	0.49%	new
CHENGHE ACQUISITION III COCHENGHE ACQUISITION III CO	200,000	$2M	0.49%	new
PAIIPYROPHYTE ACQUISITION CORP.	199,806	$1.99M	0.48%	new	Timeline
COLUMBUS CIRCLE CAP CORP. ICOLUMBUS CIRCLE CAP CORP. I	190,000	$1.92M	0.47%	+50,000
RFAIRF ACQUISITION CORP II	175,100	$1.88M	0.46%	+100	Timeline
TACOBERTO ACQUISITION CORP	179,400	$1.87M	0.45%	0	Timeline
INFQINFLEQTION INC	142,500	$1.83M	0.45%	new	Timeline
HVMCUHIGHVIEW MERGER CORP	180,000	$1.82M	0.44%	new	Timeline
PCAPPROCAP ACQUISITION CORP	174,600	$1.79M	0.44%	new	Timeline
CAEPCANTOR EQUITY PARTNERS III I	170,000	$1.75M	0.43%	-8,000	Timeline
WLACWILLOW LANE ACQUISITION CORP	150,000	$1.74M	0.42%	-200,000	Timeline
VLOSVELOS ACQUISITION I CORP	150,000	$1.58M	0.38%	-30,000	Timeline
AAMAA MISSION ACQUISITION COR-A	150,000	$1.58M	0.38%	0	Timeline
SPKLSPARK I ACQUISITION CORP	125,000	$1.45M	0.35%	0	Timeline
TLNCUTALON CAP CORP	135,900	$1.37M	0.33%	new	Timeline
RTACRENATUS TACTICAL ACQUIS	125,000	$1.36M	0.33%	0	Timeline
MCGAYORKVILLE ACQUISITION CORP.	125,000	$1.33M	0.32%	new	Timeline
WENNWEN ACQUISITION CORP	125,229	$1.27M	0.31%	new	Timeline
QUMSUQUANTUMSPHERE ACQUISITION CO	125,000	$1.27M	0.31%	new	Timeline
ALCYFALCHEMY INVTS ACQUISITN CORP	100,000	$1.15M	0.28%	0	Timeline
IBACIB ACQUISITION CORP	100,000	$1.06M	0.26%	-150,000	Timeline
KYIVKYIVSTAR GROUP LTD	124,216	$1.06M	0.26%	new	Timeline
VACHVOYAGER ACQUISITION CORP	100,000	$1.05M	0.26%	0	Timeline
CEPTCANTOR EQUITY PARTNERS II IN	99,500	$1.05M	0.25%	0	Timeline
IPEXINFLECTION POINT ACQU CORP V	100,000	$1.02M	0.25%	new	Timeline
BLZRUTRAILBLAZER ACQUISITION CORP	100,000	$1.02M	0.25%	new	Timeline
RAAQREAL ASSET ACQUISITION CORP	100,000	$1.02M	0.25%	new	Timeline
CHPGCHAMPIONSGATE ACQUISITION CO	100,000	$1.01M	0.25%	0	Timeline
DYNCDYNAMIX CORP	87,400	$910K	0.22%	-212,600	Timeline
FCRSUFUTURECREST ACQUISITION CORP	81,500	$864K	0.21%	new	Timeline
ONCH1RT ACQUISITION CORP.	79,600	$832K	0.2%	new	Timeline
CEPOCANTOR EQUITY PARTNERS I INC	75,000	$784K	0.19%	-100,000	Timeline
WTGWINTERGREEN ACQUISITION CORP	75,000	$755K	0.18%	new	Timeline
DMAADRUGS MADE IN AMER ACQUTN CO	50,000	$514K	0.12%	new	Timeline
DAAQDIGITAL ASSET ACQUISITION CO	35,938	$366K	0.09%	new	Timeline
BDMDBAIRD MED INVT HLDGS LTD	125,000	$245K	0.06%	0	Timeline
CRANE HBR ACQUISITION CORPCRANE HBR ACQUISITION CORP	725,000	$227K	0.06%	0
TVACWTEXAS VENTURES ACQUISITION I	200,000	$220K	0.05%	-25,000	Timeline
LEGATO MERGER CORP IIILEGATO MERGER CORP III	549,900	$206K	0.05%	-25,100
HAYMAKER ACQUISITION CORP IVHAYMAKER ACQUISITION CORP IV	447,600	$200K	0.05%	0
DAICCID HOLDCO INC	100,000	$198K	0.05%	0	Timeline
Spring Valley Acquisition C…Spring Valley Acquisition Corp II	140,000	$182K	0.04%	-198,200
CHURCHILL CAP CORP XCHURCHILL CAP CORP X	50,000	$178K	0.04%	new
WLACWWILLOW LANE ACQUISITION CORP	60,000	$168K	0.04%	-115,000	Timeline
VCICWVINE HILL CAP INVT CORP.	100,000	$160K	0.04%	-75,000	Timeline
ALDFWALDEL FINL II INC	275,000	$150K	0.04%	0	Timeline
SPKLWSPARK I ACQUISITION CORP	218,900	$131K	0.03%	0	Timeline
CCIXWCHURCHILL CAPITAL CORP IX	160,000	$125K	0.03%	0	Timeline
BEAGRBOLD EAGLE ACQUISITION CORP	460,000	$124K	0.03%	0	Timeline
Spring Valley Acquisition C…Spring Valley Acquisition Corp II	225,000	$117K	0.03%	-521,400
HVIIRHENNESSY CAP INVT CORP VII	412,204	$113K	0.03%	0	Timeline
GIGGWGIGCAPITAL7 CORP	250,000	$112K	0.03%	-50,400	Timeline
SDHIRSIDDHI ACQUISITION CORP	500,000	$110K	0.03%	0	Timeline
ESHARESH ACQUISITION CORP	550,000	$106K	0.03%	-224,884	Timeline
DYNCWDYNAMIX CORP	50,000	$106K	0.03%	-50,000	Timeline
JENA ACQUISITION CORP IIJENA ACQUISITION CORP II	500,000	$100K	0.02%	new
PMTRWPERIMETER ACQUISITION CORP I	165,100	$99.1K	0.02%	+62,900	Timeline
CCIIWCOHEN CIRCLE ACQUISIT CORP I	123,200	$98.6K	0.02%	new	Timeline
RDAGWREPUBLIC DIGITAL ACQUISITION	149,900	$97.4K	0.02%	+4,500	Timeline
DRDBWROMAN DBDR ACQUISITION CORP	187,500	$96.5K	0.02%	0	Timeline
XRPNWARMADA ACQUISITION CORP II	100,000	$95K	0.02%	0	Timeline
RACWSRITHM ACQUISITION CORP	145,800	$92.9K	0.02%	0	Timeline
SPEGRSILVER PEGASUS ACQUISITION C	375,241	$92.3K	0.02%	new	Timeline
IPCXRINFLECTION PT ACQUISITION CO	200,000	$88K	0.02%	-50,453	Timeline
GTENWGORES HLDGS X INC	115,000	$87.4K	0.02%	-7,700	Timeline
INACRINDIGO ACQUISITION CORP	525,000	$84K	0.02%	new	Timeline
RTACWRENATUS TACTICAL ACQUIS	67,500	$81K	0.02%	-2,500	Timeline
SVCCWSTELLAR V CAP CORP	227,039	$80.6K	0.02%	0	Timeline
BCARWD. BORAL ARC ACQ I CORP.	346,400	$74.8K	0.02%	new	Timeline
TVAIRTHAYER VENTURES ACQ CORP II	434,500	$73.9K	0.02%	new	Timeline
ATIIWARCHIMEDES TECH SPAC PARTNER	198,600	$73.5K	0.02%	-25,000	Timeline
BACCRBLUE ACQUISITION CORP.	450,000	$72.4K	0.02%	new	Timeline
CLASSOVER HLDGS INCCLASSOVER HLDGS INC	90,000	$72K	0.02%	0
GTERRGLOBA TERRA ACQUISITION COR	479,200	$71.9K	0.02%	new	Timeline
OAK WOODS ACQUISITION CORPOAK WOODS ACQUISITION CORP	344,700	$71.5K	0.02%	0
JACKSON ACQUISITION CO IIJACKSON ACQUISITION CO II	275,000	$71.5K	0.02%	0
KCHVRKOCHAV DEFENSE ACQUI CO	325,000	$71.5K	0.02%	new	Timeline
COPLEY ACQUISITION CORPCOPLEY ACQUISITION CORP	351,600	$70.6K	0.02%	0
KFIIRK&F GROWTH ACQUISITION CORP	500,000	$70K	0.02%	0	Timeline
GRAF GLOBAL CORPGRAF GLOBAL CORP	210,300	$69.4K	0.02%	0
NHICWNEWHOLD INVT CORP III	191,200	$68.8K	0.02%	0	Timeline
TACHWTITAN ACQUISITION CORP	224,900	$67.7K	0.02%	0	Timeline
OACCWOAKTREE ACQUISITION CORP III	90,000	$67.5K	0.02%	0	Timeline
QETARQUETTA ACQUISITION CORP	37,500	$65.6K	0.02%	0	Timeline
FGMCRFG MERGER II CORP	156,000	$65.5K	0.02%	0	Timeline
LPBBWLAUNCH TWO ACQUISITION CORP.	175,000	$64.8K	0.02%	0	Timeline
SIMAWSIM ACQUISITION CORP. I	172,500	$63.8K	0.02%	0	Timeline
MLACRMOUNTAIN LAKE ACQUISITION CO	424,739	$63.8K	0.02%	0	Timeline
CGCTWCARTESIAN GROWTH CORP III	250,000	$62.5K	0.02%	+30,250	Timeline
VLOSWVELOS ACQUISITION I CORP	47,990	$62.4K	0.02%	-2,010	Timeline
ALPHATIME ACQUISITION CORPALPHATIME ACQUISITION CORP	212,900	$62.2K	0.02%	0
PLMKWPLUM ACQUISITION CORP IV	212,700	$61.7K	0.02%	0	Timeline
PACHWPIONEER ACQUISITION I CORP	279,700	$61.5K	0.01%	new	Timeline
BACQRINFLECTION PT ACQUISITION CORP	89,700	$61K	0.01%	-35,300	Timeline
AXINRAXIOM INTELLIGENCE AC CORP 1	375,000	$60K	0.01%	new	Timeline
MCGAWYORKVILLE ACQUISITION CORP.	49,900	$59.9K	0.01%	new	Timeline
CRAQRCAL REDWOOD ACQUISITION CORP	271,251	$59.7K	0.01%	0	Timeline
SOCAWSOLARIUS CAPITAL ACQU CORP	237,400	$58.9K	0.01%	new	Timeline
TACOWBERTO ACQUISITION CORP	87,500	$58.6K	0.01%	0	Timeline
SZZLRSIZZLE ACQUISITION CORP. II	325,000	$57.3K	0.01%	0	Timeline
APADRA PARADISE ACQUISITION CORP	345,220	$57K	0.01%	new	Timeline
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION COR	196,660	$55.1K	0.01%	0
GAUGALIANO GOLD INC	25,000	$54.4K	0.01%	new	Timeline
PELIRPELICAN ACQUISITION CORP RT	200,000	$51.5K	0.01%	0	Timeline
OYSEROYSTER ENTERPRISES II ACQUIS	300,000	$51K	0.01%	new	Timeline
COLUMBUS CIRCLE CAP CORP. ICOLUMBUS CIRCLE CAP CORP. I	41,900	$50.3K	0.01%	-600
GTERWGLOBA TERRA ACQUISITION COR	334,400	$48.5K	0.01%	new	Timeline
GPATWGP-ACT III ACQUISITION CORP	185,700	$48.3K	0.01%	0	Timeline
DAICWCID HOLDCO INC	315,597	$48.1K	0.01%	-17,200	Timeline
AFJKRAIMEI HEALTH TECHNOLOGY CO L	148,500	$47.5K	0.01%	0	Timeline
NTWOWNEWBURY STR II ACQUISITION C	187,400	$46.9K	0.01%	0	Timeline
KVACWKEEN VISION ACQUISITION CORP	662,700	$42.2K	0.01%	0	Timeline
ALCWFALCHEMY INVTS ACQUISITN CORP	289,500	$42K	0.01%	0	Timeline
BAYARBAYVIEW ACQUISITION CORP	257,400	$41.2K	0.01%	0	Timeline
GSHRWGESHER ACQUISITION CORP. II	124,800	$41.2K	0.01%	0	Timeline
ISLWFISRAEL ACQUISITIONS CORP WT EX	225,000	$41.2K	0.01%	0	Timeline
ARTIUS II ACQUISITION INCARTIUS II ACQUISITION INC	175,000	$40.2K	0.01%	0
FIGXWFIGX CAP ACQUISITION CORP.	162,500	$39K	0.01%	new	Timeline
PCAPWPROCAP ACQUISITION CORP	58,200	$37.8K	0.01%	new	Timeline
ANSCWAGRICULTURE & NAT SOL ACQ CO	186,702	$37.8K	0.01%	0	Timeline
NMPARNMP ACQUISITION CORP	173,985	$36.5K	0.01%	new	Timeline
ALFUWCENTURION ACQUISITION CORP	107,027	$36.4K	0.01%	0	Timeline
LOKVWLIVE OAK ACQUISITION CORP V	75,000	$36.4K	0.01%	0	Timeline
ORIQWORIGIN INVT CORP I	200,000	$36K	0.01%	new	Timeline
BRAND ENGAGEMENT NETWORK INCBRAND ENGAGEMENT NETWORK INC	150,000	$31.5K	0.01%	0
HORIZON SPACE ACQUSTN I CORPHORIZON SPACE ACQUSTN I CORP	180,900	$31.2K	0.01%	0
SILVERBOX CORP IVSILVERBOX CORP IV	70,000	$30.8K	0.01%	0
POLEWANDRETTI ACQUISITION CORP II	153,137	$30.6K	0.01%	+84,437	Timeline
ALPHAVEST ACQUISITION CORPALPHAVEST ACQUISITION CORP	50,000	$30.5K	0.01%	-354,800
TDACWTRANSLATIONAL DEV ACQUISITIO	100,000	$29K	0.01%	0	Timeline
BKHARBLACK HAWK ACQUISITION CORP	19,700	$28.6K	0.01%	0	Timeline
WENNWWEN ACQUISITION CORP	49,300	$28.3K	0.01%	new	Timeline
EQV VENTURES AC CORP. IIEQV VENTURES AC CORP. II	116,600	$28K	0.01%	new
OBAWWOXLEY BRIDGE ACQ LTD	162,000	$27.6K	0.01%	new	Timeline
LPAAWLAUNCH ONE ACQUISITION CORP	112,500	$25.9K	0.01%	0	Timeline
MELAR ACQUISITION CORP. IMELAR ACQUISITION CORP. I	148,800	$23.3K	0.01%	0
RTS/IRON HORSE ACQUISITIONS…RTS/IRON HORSE ACQUISITIONS CORP …	30,000	$23.1K	0.01%	-18,000
OIOWWOIO GROUP	200,800	$23K	0.01%	0	Timeline
KDKRWKODIAK AI INC.	20,000	$21.3K	0.01%	new	Timeline
FACTWFACT II ACQUISITION CORP	75,000	$21K	0.01%	0	Timeline
PYROPHYTE ACQUISITION CORP.PYROPHYTE ACQUISITION CORP.	59,600	$20.9K	0.01%	new
DYCQRDT CLOUD ACQUISITION CORP RT 0	98,900	$20.3K	<0.01%	0	Timeline
CHPGRCHAMPIONSGATE ACQUISITION CO	125,000	$18.1K	<0.01%	0	Timeline
BLUWWBLUE WTR ACQUISITION CORP. I	124,900	$17.7K	<0.01%	new	Timeline
ONCHW1RT ACQUISITION CORP.	19,900	$17.7K	<0.01%	new	Timeline
SAFXXCF GLOBAL INC	13,332	$17.5K	<0.01%	-2,000	Timeline
IBACRIB ACQUISITION CORP	197,600	$16.7K	<0.01%	0	Timeline
EQV VENTURES ACQUISITION COREQV VENTURES ACQUISITION COR	32,800	$16.4K	<0.01%	0
Oak Woods Acquisition CorpOak Woods Acquisition Corp	344,700	$16.4K	<0.01%	0
DMAARDRUGS MADE IN AMER ACQUTN CO	75,000	$16.3K	<0.01%	new	Timeline
RFAIRRF ACQUISITION CORP II	197,600	$15.8K	<0.01%	0	Timeline
ATMCWALPHATIME ACQUISITION CORP RED	212,900	$15.2K	<0.01%	0	Timeline
VNMEWVENDOME ACQUISITION CORP I	74,900	$15.1K	<0.01%	new	Timeline
OSRHWOSR HEALTH INC	299,900	$12.2K	<0.01%	0	Timeline
WINTERGREEN ACQUISITION CORPWINTERGREEN ACQUISITION CORP	75,000	$12K	<0.01%	new
AA MISSION ACQUISITI…AA MISSION ACQUISITION …	75,000	$12K	<0.01%	0
BOWEN ACQUISITION CORPBOWEN ACQUISITION CORP	50,000	$11.3K	<0.01%	0
VACHWVOYAGER ACQUISITION CORP	62,500	$10.6K	<0.01%	0	Timeline
Horizon Space Acquisition I…Horizon Space Acquisition I Corp	180,900	$10.5K	<0.01%	0
ASPIRE BIOPHARMA HLDGS INC …ASPIRE BIOPHARMA HLDGS INC COM	50,000	$10.3K	<0.01%	-25,000
CN HEALTHY FOOD TECH GROUP CCN HEALTHY FOOD TECH GROUP C	99,000	$10K	<0.01%	0
FORLWWTS/FOUR LEAF ACQUISITION CORPORA…	271,800	$9.72K	<0.01%	0	Timeline
SCAGWSCAGE FUTURE	160,800	$7.65K	<0.01%	0	Timeline
LIMNWLIMINATUS PHARMA INC.	47,500	$7.03K	<0.01%	-2,500	Timeline
NXATWNEXUS ADVANCED TECHNOLOGIES	50,000	$6.5K	<0.01%	0	Timeline
CHENGHE ACQUISITION II COCHENGHE ACQUISITION II CO	98,700	$4.93K	<0.01%	new
MKDWWMKDWELL TECH INC	346,900	$4.58K	<0.01%	0	Timeline
00	244,654	$4.24K	<0.01%	0
DISTOKEN ACQUISITION CORPDISTOKEN ACQUISITION CORP	403,612	$4.04K	<0.01%	new
ABLVWABLE VIEW GLOBAL INC	124,900	$3.98K	<0.01%	0	Timeline
ASBPWASPIRE-LAKEWOOD HOLDINGS INC	124,924	$3.73K	<0.01%	0	Timeline
CYCUWCYCURION INC	75,000	$3.3K	<0.01%	0	Timeline
RMSGWREAL MESSENGER CORP.	21,000	$1.28K	<0.01%	0	Timeline
CDTTWCDT EQUITY INC	105,000	$1.11K	<0.01%	0	Timeline
NIVFWNEWGENIVF GROUP LIMITED	40,000	$667	<0.01%	0	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
LQDISHARES TR SHS	put	400,000	$44.6M	0
SLFSUN LIFE FINANCIAL INC. Stock	call	650,000	$39M	+250,000
HYGISHARES TR IBOXX HI YD ETF	put	400,000	$32.5M	new
RYROYAL BK CDA Stock	call	200,000	$29.5M	-35,000
ENBENBRIDGE INC Stock	call	500,000	$25.2M	+60,000
TDTORONTO DOMINION BK ONT Stock	call	270,000	$21.6M	-185,000
BNSBANK NOVA SCOTIA B C Stock	call	251,200	$16.2M	-198,800
ARKKARK ETF TR INNOVATION ETF	put	80,000	$6.91M	0
GDXJVANECK ETF TRUST JUNIOR GOLD MINE	put	6,500	$644K	new
METAMETA PLATFORMS INC COM	put	500	$367K	new
METAMETA PLATFORMS INC COM	call	500	$367K	+200
PYPLPAYPAL HLDGS INC STOK	put	4,000	$268K	new
PYPLPAYPAL HLDGS INC STOK	call	4,000	$268K	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
EQUINOX GOLD CORPEQUINOX GOLD CORP NOTE 4.750%10/1	principal	2,500,000	$4.81M	+500,000
Shopify IncShopify Inc Convertible bond	principal	1,563,000	$1.65M	0
FORTUNA MNG CORPFORTUNA MNG CORP NOTE 3.750% 6/3	principal	1,000,000	$1.57M	0
FIRST MAJESTIC SILVER CORPFIRST MAJESTIC SILVER CORP NOTE 0.375% 1/1	principal	915,000	$991K	0
BLACKBERRY LTDBLACKBERRY LTD NOTE 3.000% 2/1	principal	500,000	$742K	0
CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1	principal	400,000	$444K	0

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
PACHUPIONEER ACQUISITION I CORP	566,006	$5.66M	shares
CHURCHILL CAP CORP XCHURCHILL CAP CORP X	500,000	$5.15M	shares
JENAUJENA ACQUISITION CORP II	451,500	$4.64M	shares
TVAIUTHAYER VENTURES ACQ CORP II	383,700	$3.9M	shares
BACCUBLUE ACQUISITION CORP.	353,800	$3.55M	shares
OBAWUOXLEY BRIDGE ACQ LTD	327,300	$3.28M	shares
AXINUAXIOM INTELLIGENCE AC CORP 1	285,300	$2.88M	shares
KCHVUKOCHAV DEFENSE ACQUI CO	277,000	$2.82M	shares
MCGAUYORKVILLE ACQUISITION CORP.	200,000	$2.25M	shares
CMCANADIAN IMPERIAL BANK OF CO	30,000	$2.13M	call
OYSTER ENTERPRISES II ACQUISOYSTER ENTERPRISES II ACQUIS	203,000	$2.05M	shares
BLUWUBLUE WTR ACQUISITION CORP. I	200,000	$2M	shares
PROCAP ACQUISITION CORPPROCAP ACQUISITION CORP	175,000	$1.88M	shares
FIGX CAP ACQUISITION CORP.FIGX CAP ACQUISITION CORP.	177,000	$1.77M	shares
PERIMETER ACQUISITION CORP IPERIMETER ACQUISITION CORP I	125,800	$1.33M	shares
ARES ACQUISITION CORP IIARES ACQUISITION CORP II	100,000	$1.13M	shares
WENNUWEN ACQUISITION CORP	98,600	$1.04M	shares
HCM II ACQUISITION CORPHCM II ACQUISITION CORP	85,000	$944K	shares
GSR III ACQUISITION CORPGSR III ACQUISITION CORP	80,000	$863K	shares
WTGUUWINTERGREEN ACQUISITION CORP	76,100	$768K	shares
CARTESIAN GROWTH CORP IIICARTESIAN GROWTH CORP III	50,000	$506K	shares
COLOMBIERACQUISITIONCORPICOLOMBIERACQUISITIONCORPI	30,000	$464K	call
DMYYDMY SQUARED TECHNOLOGY GROUP I	29,307	$381K	shares
COHENCIRCLEACQUISITIONCORCOHENCIRCLEACQUISITIONCOR	34,000	$373K	shares
AAPLAPPLE INC	1,600	$328K	call
UNHUNITEDHEALTH GROUP INC	900	$281K	put
UNHUNITEDHEALTH GROUP INC	900	$281K	call
INTCINTEL CORP	9,000	$202K	call
ARES ACQUISITION CORP II-28ARES ACQUISITION CORP II-28	150,000	$165K	shares
THRDTHIRD HARMONIC BIO INC	20,000	$109K	shares
GSR III ACQUISITION CORPGSR III ACQUISITION CORP	14,700	$100K	shares
HCM II ACQUISITION CORPHCM II ACQUISITION CORP	32,500	$76.4K	shares
DISTOKEN ACQUISITION CORP (…DISTOKEN ACQUISITION CORP (U.S.) …	233,590	$67.7K	shares
DMY SQUARED TECHNOLOGY GROUPDMY SQUARED TECHNOLOGY GROUP	32,500	$62.1K	shares
COHEN CIRCLE ACQUISIT…COHEN CIRCLE ACQUISITION …	29,800	$59.6K	shares
Distoken Acquisition CorpDistoken Acquisition Corp	403,612	$48.4K	shares
VZLAVIZSLA SILVER CORP	12,000	$35.3K	shares
JVSPAC ACQUISITION CORPJVSPAC ACQUISITION CORP	36,000	$31.3K	shares
00	149,100	$20.7K	shares
BGLWWBLUE GOLD LTD	60,729	$11.5K	shares
CNCKWCOINCHECK GROUP NV	10,000	$8.7K	shares
Chenghe Acquisition II CoChenghe Acquisition II Co	98,700	$8.68K	shares
TGEWSGENERATION ESSENTIALS GROUP	15,000	$6K	shares
EMCWFEMBRACE CHANGE ACQUISITION COR	149,100	$3.53K	shares
BENFWBENEFICIENT	125,000	$863	shares

How Q3 2025 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 0001193125-25-279757	base		2025-11-13	acceptance time not in the bulk data set	2026-10-07 03:02:25 UTC