WESTCHESTER CAPITAL MANAGEMENT, LLC

Filed: 11/8/2023ACC: 0001862664-23-000014

📋 What this filing means

WESTCHESTER CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 312 equity positions with a total reported market value of $3.43B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

312

Positions

$3.43B

Total AUM (reported)

185.91M

Total Shares

Allocation by class

COM$1.38B40.3%

SHS$361.34M10.5%

CL A COM$289.42M8.4%

CLASS A ORD SHS$223.12M6.5%

TR UNIT$195.88M5.7%

CL A ORD SHS$127.54M3.7%

COM CL A$113.30M3.3%

Portfolio Concentration

Top 3$892.34M26.0%

4–10$812.76M23.7%

11–25$623.43M18.2%

Rest$1.10B32.1%

Top 3 weight

26.0%

Top 10 weight

49.7%

Voting Authority Distribution

Total shares with voting rights: 185.91M

Sole

Full voting authority

20.70M

% of voting shares11.1%

Shared

Joint voting authority

165.22M

% of voting shares88.9%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole22

Shared0

Other290

Dominant voting typeShared · 88.9% of voting shares

Institutional Holdings312

Rows:

SEAGEN INC

OTR

COM

Shares1.48M

TypeSH

Market value$314.90M

9.19%

Sole

126.23K

Shared

1.36M

None

0.00

ACTIVISION BLIZZARD INC

OTR

COM

Shares3.32M

TypeSH

Market value$311.11M

9.08%

Sole

266.15K

Shared

3.06M

None

0.00

HORIZON THERAPEUTICS PUB L

OTR

SHS

Shares2.30M

TypeSH

Market value$266.33M

7.77%

Sole

161.51K

Shared

2.14M

None

0.00

SPDR S&P 500 ETF TR

OTR

TR UNIT

Shares450K

TypeSH

Market value$192.37M

5.61%

Sole

23K

Shared

427K

None

0.00

VMWARE INC

OTR

CL A COM

Shares1.12M

TypeSH

Market value$187.24M

5.46%

Sole

80.88K

Shared

1.04M

None

0.00

UNITED STATES STL CORP NEW

OTR

COM

Shares3.72M

TypeSH

Market value$120.84M

3.53%

Sole

304.86K

Shared

3.42M

None

0.00

CAPRI HOLDINGS LIMITED

OTR

SHS

Shares1.66M

TypeSH

Market value$87.35M

2.55%

Sole

170.43K

Shared

1.49M

None

0.00

AMEDISYS INC

OTR

COM

Shares850.39K

TypeSH

Market value$79.43M

2.32%

Sole

82.64K

Shared

767.75K

None

0.00

ABCAM PLC

OTR

ADS

Shares3.43M

TypeSH

Market value$77.71M

2.27%

Sole

348.66K

Shared

3.09M

None

0.00

DENBURY INC

OTR

COM

Shares691.94K

TypeSH

Market value$67.82M

1.98%

Sole

68.74K

Shared

623.20K

None

0.00

TECK RESOURCES LTD

OTR

CL B

Shares1.53M

TypeSH

Market value$66.01M

1.93%

Sole

190.30K

Shared

1.34M

None

0.00

ALBERTSONS COS INC

OTR

COMMON STOCK

Shares2.85M

TypeSH

Market value$64.74M

1.89%

Sole

275.65K

Shared

2.57M

None

0.00

NATIONAL INSTRS CORP

OTR

COM

Shares1.02M

TypeSH

Market value$60.93M

1.78%

Sole

66.04K

Shared

956K

None

0.00

SPLUNK INC

OTR

COM

Shares412.50K

TypeSH

Market value$60.33M

1.76%

Sole

38.30K

Shared

374.20K

None

0.00

SCREAMING EAGLE ACQUISITN CO

OTR

CLASS A ORD SHS

Shares5.03M

TypeSH

Market value$52.57M

1.53%

Sole

441.09K

Shared

4.58M

None

0.00

SOVOS BRANDS INC

OTR

COM

Shares2.02M

TypeSH

Market value$45.47M

1.33%

Sole

168.69K

Shared

1.85M

None

0.00

CHURCHILL CAPITAL CORP VII

OTR

COM CL A

Shares4.34M

TypeSH

Market value$45.34M

1.32%

Sole

383.05K

Shared

3.96M

None

0.00

ARES ACQUISITION CORPORATION

OTR

COM CL A

Shares3.10M

TypeSH

Market value$33.37M

0.97%

Sole

187.93K

Shared

2.91M

None

0.00

HOSTESS BRANDS INC

OTR

CL A

Shares969.48K

TypeSH

Market value$32.29M

0.94%

Sole

167.17K

Shared

802.31K

None

0.00

BALL CORP

OTR

COM

Shares576.40K

TypeSH

Market value$28.69M

0.84%

Sole

174.40K

Shared

402K

None

0.00

WESTROCK CO

OTR

COM

Shares770.76K

TypeSH

Market value$27.59M

0.81%

Sole

91.38K

Shared

679.38K

None

0.00

GORES HOLDINGS IX INC

OTR

CLASS A COM

Shares2.63M

TypeSH

Market value$27.31M

0.80%

Sole

24.29K

Shared

2.60M

None

0.00

SLAM CORP

OTR

CL A SHS

Shares2.53M

TypeSH

Market value$27.26M

0.80%

Sole

208.67K

Shared

2.32M

None

0.00

ENDEAVOR GROUP HLDGS INC

OTR

CL A COM

Shares1.35M

TypeSH

Market value$26.91M

0.79%

Sole

408.90K

Shared

943.60K

None

0.00

VALE S A

OTR

SPONSORED ADS

Shares1.84M

TypeSH

Market value$24.61M

0.72%

Sole

407.60K

Shared

1.43M

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared
SEAGEN INCOTR	COM	1.48M	SH	$314.90M 9.19%	126.23K	1.36M
ACTIVISION BLIZZARD INCOTR	COM	3.32M	SH	$311.11M 9.08%	266.15K	3.06M
HORIZON THERAPEUTICS PUB LOTR	SHS	2.30M	SH	$266.33M 7.77%	161.51K	2.14M
SPDR S&P 500 ETF TROTR	TR UNIT	450K	SH	$192.37M 5.61%	23K	427K
VMWARE INCOTR	CL A COM	1.12M	SH	$187.24M 5.46%	80.88K	1.04M
UNITED STATES STL CORP NEWOTR	COM	3.72M	SH	$120.84M 3.53%	304.86K	3.42M
CAPRI HOLDINGS LIMITEDOTR	SHS	1.66M	SH	$87.35M 2.55%	170.43K	1.49M
AMEDISYS INCOTR	COM	850.39K	SH	$79.43M 2.32%	82.64K	767.75K
ABCAM PLCOTR	ADS	3.43M	SH	$77.71M 2.27%	348.66K	3.09M
DENBURY INCOTR	COM	691.94K	SH	$67.82M 1.98%	68.74K	623.20K
TECK RESOURCES LTDOTR	CL B	1.53M	SH	$66.01M 1.93%	190.30K	1.34M
ALBERTSONS COS INCOTR	COMMON STOCK	2.85M	SH	$64.74M 1.89%	275.65K	2.57M
NATIONAL INSTRS CORPOTR	COM	1.02M	SH	$60.93M 1.78%	66.04K	956K
SPLUNK INCOTR	COM	412.50K	SH	$60.33M 1.76%	38.30K	374.20K
SCREAMING EAGLE ACQUISITN COOTR	CLASS A ORD SHS	5.03M	SH	$52.57M 1.53%	441.09K	4.58M
SOVOS BRANDS INCOTR	COM	2.02M	SH	$45.47M 1.33%	168.69K	1.85M
CHURCHILL CAPITAL CORP VIIOTR	COM CL A	4.34M	SH	$45.34M 1.32%	383.05K	3.96M
ARES ACQUISITION CORPORATIONOTR	COM CL A	3.10M	SH	$33.37M 0.97%	187.93K	2.91M
HOSTESS BRANDS INCOTR	CL A	969.48K	SH	$32.29M 0.94%	167.17K	802.31K
BALL CORPOTR	COM	576.40K	SH	$28.69M 0.84%	174.40K	402K
WESTROCK COOTR	COM	770.76K	SH	$27.59M 0.81%	91.38K	679.38K
GORES HOLDINGS IX INCOTR	CLASS A COM	2.63M	SH	$27.31M 0.80%	24.29K	2.60M
SLAM CORPOTR	CL A SHS	2.53M	SH	$27.26M 0.80%	208.67K	2.32M
ENDEAVOR GROUP HLDGS INCOTR	CL A COM	1.35M	SH	$26.91M 0.79%	408.90K	943.60K
VALE S AOTR	SPONSORED ADS	1.84M	SH	$24.61M 0.72%	407.60K	1.43M

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