FORT BAKER CAPITAL MANAGEMENT LP

Filed: 2/14/2025ACC: 0001667731-25-000270

📋 What this filing means

FORT BAKER CAPITAL MANAGEMENT LP filed this quarterly 13F‑HR report disclosing 65 equity positions with a total reported market value of $621.01M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$621.01M

Total AUM (reported)

266.22M

Total Shares

Allocation by class

COM$149.19M24.0%

SHS$61.81M10.0%

NOTE 3/1$30.00M4.8%

CL A SHS$29.03M4.7%

COM SER C$28.03M4.5%

CL A$22.09M3.6%

NOTE 1.750%11/0$19.67M3.2%

Portfolio Concentration

Top 3$119.54M19.2%

4–10$167.69M27.0%

11–25$194.24M31.3%

Rest$139.55M22.5%

Top 3 weight

19.2%

Top 10 weight

46.3%

Voting Authority Distribution

Total shares with voting rights: 266.03M

Sole

Full voting authority

266.03M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole65

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings65

Rows:

KELLANOVA

SOLE

COM

Shares535.48K

TypeSH

Market value$43.36M

6.98%

Sole

535.48K

Shared

0.00

None

0.00

FRONTIER COMMUNICATIONS PARE

SOLE

COM

Shares1.21M

TypeSH

Market value$42.04M

6.77%

Sole

1.21M

Shared

0.00

None

0.00

ENSTAR GROUP LIMITED

SOLE

SHS

Shares106.01K

TypeSH

Market value$34.14M

5.50%

Sole

106.01K

Shared

0.00

None

0.00

CHURCHILL CAPITAL CORP IX

SOLE

CL A SHS

Shares2.82M

TypeSH

Market value$29.03M

4.67%

Sole

2.82M

Shared

0.00

None

0.00

LIBERTY BROADBAND CORP

SOLE

COM SER C

Shares374.91K

TypeSH

Market value$28.03M

4.51%

Sole

374.91K

Shared

0.00

None

0.00

NATIONAL ENERGY SERVICES REU

SOLE

SHS

Shares3.09M

TypeSH

Market value$27.67M

4.46%

Sole

3.09M

Shared

0.00

None

0.00

BERRY GLOBAL GROUP INC

SOLE

COM

Shares348.59K

TypeSH

Market value$22.54M

3.63%

Sole

348.59K

Shared

0.00

None

0.00

CABLE ONE INC

SOLE

NOTE 3/1

Shares22.96M

TypePRN

Market value$21.31M

3.43%

Sole

22.96M

Shared

0.00

None

0.00

ZIFF DAVIS INC

SOLE

NOTE 1.750%11/0

Shares20.89M

TypePRN

Market value$19.67M

3.17%

Sole

20.89M

Shared

0.00

None

0.00

MARRIOTT VACATIONS WORLDWIDE

SOLE

NOTE 1/1

Shares20.41M

TypePRN

Market value$19.44M

3.13%

Sole

20.41M

Shared

0.00

None

0.00

DIGITALOCEAN HLDGS INC

SOLE

NOTE 12/0

Shares20.70M

TypePRN

Market value$18.50M

2.98%

Sole

20.70M

Shared

0.00

None

0.00

ALLETE INC

SOLE

COM NEW

Shares266.98K

TypeSH

Market value$17.30M

2.79%

Sole

266.98K

Shared

0.00

None

0.00

HAYMAKER ACQUISITION CORP IV

SOLE

CLASS A

Shares1.51M

TypeSH

Market value$16.28M

2.62%

Sole

1.51M

Shared

0.00

None

0.00

HESS CORP

SOLE

COM

Shares119.26K

TypeSH

Market value$15.86M

2.55%

Sole

119.26K

Shared

0.00

None

0.00

LIBERTY MEDIA CORP DEL

SOLE

COM LBTY ONE S A

Shares175.86K

TypeSH

Market value$14.78M

2.38%

Sole

175.86K

Shared

0.00

None

0.00

BLACK SPADE ACQUISITION II C

SOLE

CL A

Shares1.36M

TypeSH

Market value$13.52M

2.18%

Sole

1.36M

Shared

0.00

None

0.00

EZCORP INC

SOLE

NOTE 2.375% 5/0

Shares12.87M

TypePRN

Market value$12.90M

2.08%

Sole

12.87M

Shared

0.00

None

0.00

SOUTHERN CO

SOLE

NOTE 3.875%12/1

Shares11.19M

TypePRN

Market value$11.81M

1.90%

Sole

11.19M

Shared

0.00

None

0.00

ORMAT TECHNOLOGIES INC

SOLE

NOTE 2.500% 7/1

Shares11.71M

TypeSH

Market value$11.72M

1.89%

Sole

11.71M

Shared

0.00

None

0.00

SK GROWTH OPPORTUNITIES CORP

SOLE

CLASS A COM

Shares970K

TypeSH

Market value$11.28M

1.82%

Sole

970K

Shared

0.00

None

0.00

CENTERPOINT ENERGY INC

SOLE

NOTE 4.250% 8/1

Shares10.70M

TypePRN

Market value$11.12M

1.79%

Sole

10.70M

Shared

0.00

None

0.00

LUMENTUM HLDGS INC

SOLE

NOTE 0.500%12/1

Shares9.35M

TypePRN

Market value$10.31M

1.66%

Sole

9.35M

Shared

0.00

None

0.00

ROMAN DBDR ACQUISITION CORP

SOLE

UNIT 99/99/9999

Shares1M

TypeSH

Market value$9.97M

1.61%

Sole

Shared

0.00

None

0.00

DESPEGAR COM CORP

SOLE

ORD SHS

Shares505.56K

TypeSH

Market value$9.73M

1.57%

Sole

499.16K

Shared

0.00

None

0.00

ZUORA INC

SOLE

COM CL A

Shares924.16K

TypeSH

Market value$9.17M

1.48%

Sole

924.16K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
KELLANOVASOLE	COM	535.48K	SH	$43.36M 6.98%	535.48K
FRONTIER COMMUNICATIONS PARESOLE	COM	1.21M	SH	$42.04M 6.77%	1.21M
ENSTAR GROUP LIMITEDSOLE	SHS	106.01K	SH	$34.14M 5.50%	106.01K
CHURCHILL CAPITAL CORP IXSOLE	CL A SHS	2.82M	SH	$29.03M 4.67%	2.82M
LIBERTY BROADBAND CORPSOLE	COM SER C	374.91K	SH	$28.03M 4.51%	374.91K
NATIONAL ENERGY SERVICES REUSOLE	SHS	3.09M	SH	$27.67M 4.46%	3.09M
BERRY GLOBAL GROUP INCSOLE	COM	348.59K	SH	$22.54M 3.63%	348.59K
CABLE ONE INCSOLE	NOTE 3/1	22.96M	PRN	$21.31M 3.43%	22.96M
ZIFF DAVIS INCSOLE	NOTE 1.750%11/0	20.89M	PRN	$19.67M 3.17%	20.89M
MARRIOTT VACATIONS WORLDWIDESOLE	NOTE 1/1	20.41M	PRN	$19.44M 3.13%	20.41M
DIGITALOCEAN HLDGS INCSOLE	NOTE 12/0	20.70M	PRN	$18.50M 2.98%	20.70M
ALLETE INCSOLE	COM NEW	266.98K	SH	$17.30M 2.79%	266.98K
HAYMAKER ACQUISITION CORP IVSOLE	CLASS A	1.51M	SH	$16.28M 2.62%	1.51M
HESS CORPSOLE	COM	119.26K	SH	$15.86M 2.55%	119.26K
LIBERTY MEDIA CORP DELSOLE	COM LBTY ONE S A	175.86K	SH	$14.78M 2.38%	175.86K
BLACK SPADE ACQUISITION II CSOLE	CL A	1.36M	SH	$13.52M 2.18%	1.36M
EZCORP INCSOLE	NOTE 2.375% 5/0	12.87M	PRN	$12.90M 2.08%	12.87M
SOUTHERN COSOLE	NOTE 3.875%12/1	11.19M	PRN	$11.81M 1.90%	11.19M
ORMAT TECHNOLOGIES INCSOLE	NOTE 2.500% 7/1	11.71M	SH	$11.72M 1.89%	11.71M
SK GROWTH OPPORTUNITIES CORPSOLE	CLASS A COM	970K	SH	$11.28M 1.82%	970K
CENTERPOINT ENERGY INCSOLE	NOTE 4.250% 8/1	10.70M	PRN	$11.12M 1.79%	10.70M
LUMENTUM HLDGS INCSOLE	NOTE 0.500%12/1	9.35M	PRN	$10.31M 1.66%	9.35M
ROMAN DBDR ACQUISITION CORPSOLE	UNIT 99/99/9999	1M	SH	$9.97M 1.61%	1M
DESPEGAR COM CORPSOLE	ORD SHS	505.56K	SH	$9.73M 1.57%	499.16K
ZUORA INCSOLE	COM CL A	924.16K	SH	$9.17M 1.48%	924.16K

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