Filed: 2/13/2026ACC: 0001512805-26-000002
📋 What this filing means
WESTCHESTER CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 278 equity positions with a total reported market value of $2.38B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
278
Positions
$2.38B
Total AUM (reported)
124.71M
Total Shares
Allocation by class
COM$917.92M38.6%
SHS$174.75M7.3%
SHS CL A$171.56M7.2%
ORD SHS CL A$148.18M6.2%
COM SER A$140.34M5.9%
TR UNIT$136.38M5.7%
CL B$136.25M5.7%
Portfolio Concentration
Top 3$418.88M17.6%
4–10$683.99M28.7%
11–25$424.03M17.8%
Rest$853.60M35.9%
Top 3 weight
17.6%
Top 10 weight
46.3%
Voting Authority Distribution
Total shares with voting rights: 124.71M
Sole
Full voting authority
11.03M
shares
% of voting shares8.8%
Shared
Joint voting authority
113.68M
shares
% of voting shares91.2%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole3
Shared0
Other275
Dominant voting typeShared · 91.2% of voting shares
Institutional Holdings278
Rows:
CYBERARK SOFTWARE LTD
OTRShares327.86K
TypeSH
Market value$146.25M
6.14%
Sole
20.16K
Shared
307.70K
None
0.00
SPDR S&P 500 ETF TR
OTRShares200K
TypeSH
Market value$136.38M
5.73%
Sole
10.10K
Shared
189.90K
None
0.00
TECK RESOURCES LTD
OTRShares2.85M
TypeSH
Market value$136.25M
5.72%
Sole
305.58K
Shared
2.54M
None
0.00
ELECTRONIC ARTS INC
OTRShares594.16K
TypeSH
Market value$121.40M
5.10%
Sole
56.04K
Shared
538.12K
None
0.00
WARNER BROS DISCOVERY INC
OTRShares3.98M
TypeSH
Market value$114.70M
4.82%
Sole
548.63K
Shared
3.43M
None
0.00
NORFOLK SOUTHN CORP
OTRShares387.60K
TypeSH
Market value$111.91M
4.70%
Sole
41.70K
Shared
345.90K
None
0.00
CHART INDS INC
OTRShares496.06K
TypeSH
Market value$102.30M
4.30%
Sole
31K
Shared
465.06K
None
0.00
FRONTIER COMMUNICATIONS PARE
OTRShares2.31M
TypeSH
Market value$87.90M
3.69%
Sole
173.23K
Shared
2.14M
None
0.00
EXACT SCIENCES CORP
OTRShares751.56K
TypeSH
Market value$76.33M
3.21%
Sole
65.83K
Shared
685.73K
None
0.00
AVIDITY BIOSCIENCES INC
OTRShares962.66K
TypeSH
Market value$69.44M
2.92%
Sole
92.86K
Shared
869.80K
None
0.00
COMERICA INC
OTRShares658.37K
TypeSH
Market value$57.23M
2.40%
Sole
41.87K
Shared
616.49K
None
0.00
PROASSURANCE CORP
OTRShares1.61M
TypeSH
Market value$38.79M
1.63%
Sole
165.35K
Shared
1.44M
None
0.00
DAYFORCE INC
OTRShares546.66K
TypeSH
Market value$37.81M
1.59%
Sole
54.63K
Shared
492.04K
None
0.00
SEALED AIR CORP NEW
OTRShares853.62K
TypeSH
Market value$35.37M
1.49%
Sole
81.26K
Shared
772.37K
None
0.00
AA MISSION ACQUISITION CORP
OTRShares2.70M
TypeSH
Market value$28.82M
1.21%
Sole
47.20K
Shared
2.65M
None
0.00
CONFLUENT INC
OTRShares857.20K
TypeSH
Market value$25.92M
1.09%
Sole
102.36K
Shared
754.83K
None
0.00
LIBERTY BROADBAND CORP
OTRShares530.94K
TypeSH
Market value$25.63M
1.08%
Sole
58.45K
Shared
472.49K
None
0.00
NEW GOLD INC CDA
OTRShares2.85M
TypeSH
Market value$24.84M
1.04%
Sole
296.67K
Shared
2.56M
None
0.00
HOLOGIC INC
OTRShares319.73K
TypeSH
Market value$23.82M
1.00%
Sole
39.26K
Shared
280.48K
None
0.00
TEGNA INC
OTRShares1.19M
TypeSH
Market value$23.14M
0.97%
Sole
100.91K
Shared
1.09M
None
0.00
HAYMAKER ACQUISITION CORP IV
OTRShares1.94M
TypeSH
Market value$22.07M
0.93%
Sole
81.19K
Shared
1.86M
None
0.00
AGRICULTURE & NAT SOL ACQ CO
OTRShares1.96M
TypeSH
Market value$21.95M
0.92%
Sole
87.21K
Shared
1.88M
None
0.00
AIR LEASE CORP
OTRShares334.42K
TypeSH
Market value$21.48M
0.90%
Sole
31.90K
Shared
302.52K
None
0.00
K&F GROWTH ACQUISITION CORP
OTRShares1.89M
TypeSH
Market value$19.49M
0.82%
Sole
73.18K
Shared
1.81M
None
0.00
CSX CORP
OTRShares487.58K
TypeSH
Market value$17.67M
0.74%
Sole
306.68K
Shared
180.90K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CYBERARK SOFTWARE LTDOTR | SHS | 327.86K | SH | $146.25M 6.14% | 20.16K | 307.70K | 0.00 |
SPDR S&P 500 ETF TROTR | TR UNIT | 200K | SH | $136.38M 5.73% | 10.10K | 189.90K | 0.00 |
TECK RESOURCES LTDOTR | CL B | 2.85M | SH | $136.25M 5.72% | 305.58K | 2.54M | 0.00 |
ELECTRONIC ARTS INCOTR | COM | 594.16K | SH | $121.40M 5.10% | 56.04K | 538.12K | 0.00 |
WARNER BROS DISCOVERY INCOTR | COM SER A | 3.98M | SH | $114.70M 4.82% | 548.63K | 3.43M | 0.00 |
NORFOLK SOUTHN CORPOTR | COM | 387.60K | SH | $111.91M 4.70% | 41.70K | 345.90K | 0.00 |
CHART INDS INCOTR | COM | 496.06K | SH | $102.30M 4.30% | 31K | 465.06K | 0.00 |
FRONTIER COMMUNICATIONS PAREOTR | COM | 2.31M | SH | $87.90M 3.69% | 173.23K | 2.14M | 0.00 |
EXACT SCIENCES CORPOTR | COM | 751.56K | SH | $76.33M 3.21% | 65.83K | 685.73K | 0.00 |
AVIDITY BIOSCIENCES INCOTR | COM | 962.66K | SH | $69.44M 2.92% | 92.86K | 869.80K | 0.00 |
COMERICA INCOTR | COM | 658.37K | SH | $57.23M 2.40% | 41.87K | 616.49K | 0.00 |
PROASSURANCE CORPOTR | COM | 1.61M | SH | $38.79M 1.63% | 165.35K | 1.44M | 0.00 |
DAYFORCE INCOTR | COM | 546.66K | SH | $37.81M 1.59% | 54.63K | 492.04K | 0.00 |
SEALED AIR CORP NEWOTR | COM | 853.62K | SH | $35.37M 1.49% | 81.26K | 772.37K | 0.00 |
AA MISSION ACQUISITION CORPOTR | ORD SHS CL A | 2.70M | SH | $28.82M 1.21% | 47.20K | 2.65M | 0.00 |
CONFLUENT INCOTR | CLASS A COM | 857.20K | SH | $25.92M 1.09% | 102.36K | 754.83K | 0.00 |
LIBERTY BROADBAND CORPOTR | COM SER A | 530.94K | SH | $25.63M 1.08% | 58.45K | 472.49K | 0.00 |
NEW GOLD INC CDAOTR | COM | 2.85M | SH | $24.84M 1.04% | 296.67K | 2.56M | 0.00 |
HOLOGIC INCOTR | COM | 319.73K | SH | $23.82M 1.00% | 39.26K | 280.48K | 0.00 |
TEGNA INCOTR | COM | 1.19M | SH | $23.14M 0.97% | 100.91K | 1.09M | 0.00 |
HAYMAKER ACQUISITION CORP IVOTR | CLASS A | 1.94M | SH | $22.07M 0.93% | 81.19K | 1.86M | 0.00 |
AGRICULTURE & NAT SOL ACQ COOTR | SHS CL A | 1.96M | SH | $21.95M 0.92% | 87.21K | 1.88M | 0.00 |
AIR LEASE CORPOTR | CL A | 334.42K | SH | $21.48M 0.90% | 31.90K | 302.52K | 0.00 |
K&F GROWTH ACQUISITION CORPOTR | SHS CL A | 1.89M | SH | $19.49M 0.82% | 73.18K | 1.81M | 0.00 |
CSX CORPOTR | COM | 487.58K | SH | $17.67M 0.74% | 306.68K | 180.90K | 0.00 |
Page 1 of 12
…