WHITEBOX ADVISORS LLC
Q2 2025 13F-HR Holdings
Net value change ($000)
+838,234
(21.6%)
New positions
73
Sold out positions
33
Turnover %
61.0%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q1 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| COOP | 72,344 | NEW |
| LBRDA | 51,286 | 60.4% |
| INFA | 49,918 | NEW |
| BPMC | 39,736 | NEW |
| SpringWorks Therapeutics, Inc. | 37,366 | NEW |
| AZEK | 22,883 | 64.5% |
| CHX | 18,988 | 30.5% |
| KEL | 18,842 | 161.2% |
| SB | 13,263 | NEW |
| OIH | 9,212 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| BERRY GLOBAL GROUP, INC. | -142,261 | -100.0% |
| SPY | -76,077 | -100.0% |
| Intra-Cellular Therapies, Inc. | -36,278 | -100.0% |
| IAC | -9,001 | -43.0% |
| NVDA | -7,587 | -100.0% |
| FERA | -7,553 | -100.0% |
| BLCO | -6,728 | -28.6% |
| KKR | -4,451 | -77.0% |
| ALDF | -4,100 | -100.0% |
| WLAC | -4,052 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
1,224,870
(26.0% of total reported value)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
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