WHITEBOX ADVISORS LLC

Filed: 11/14/2024ACC: 0001257391-24-000009

📋 What this filing means

WHITEBOX ADVISORS LLC filed this quarterly 13F‑HR report disclosing 319 equity positions with a total reported market value of $3.67B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

319

Positions

$3.67B

Total AUM (reported)

1.60B

Total Shares

Allocation by class

COM$625.96M17.1%

TR UNIT$555.86M15.2%

COM SER C$171.93M4.7%

NOTE 0.750% 6/0$142.28M3.9%

NOTE 2/1$131.05M3.6%

NOTE 3.000% 4/0$120.96M3.3%

COM NEW$92.05M2.5%

Portfolio Concentration

Top 3$870.07M23.7%

4–10$714.70M19.5%

11–25$790.16M21.5%

Rest$1.29B35.3%

Top 3 weight

23.7%

Top 10 weight

43.2%

Voting Authority Distribution

Total shares with voting rights: 1.59B

Sole

Full voting authority

1.59B

% 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)

Sole319

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings319

Rows:

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares968.80K

TypeSH

Market value$555.86M

15.15%

Sole

968.80K

Shared

0.00

None

0.00

LIBERTY BROADBAND CORP

SOLE

COM SER C

Shares2.22M

TypeSH

Market value$171.93M

4.69%

Sole

2.22M

Shared

0.00

None

0.00

INSMED INC

SOLE

NOTE 0.750% 6/0

Shares62.02M

TypePRN

Market value$142.28M

3.88%

Sole

62.02M

Shared

0.00

None

0.00

ROYAL CARIBBEAN GROUP

SOLE

COM

Shares750K

TypeSH

Market value$133.02M

3.63%

Sole

750K

Shared

0.00

None

0.00

MICROSTRATEGY INC

SOLE

NOTE 2/1

Shares96.22M

TypePRN

Market value$131.05M

3.57%

Sole

96.22M

Shared

0.00

None

0.00

FRESHPET INC

SOLE

NOTE 3.000% 4/0

Shares58.10M

TypePRN

Market value$120.96M

3.30%

Sole

58.10M

Shared

0.00

None

0.00

KKR & CO INC

SOLE

COM

Shares800K

TypeSH

Market value$104.46M

2.85%

Sole

800K

Shared

0.00

None

0.00

SEMTECH CORP

SOLE

NOTE 1.625%11/0

Shares57.95M

TypePRN

Market value$81.94M

2.23%

Sole

57.95M

Shared

0.00

None

0.00

SPDR SER TR

SOLE

S&P OILGAS EXP

Shares550K

TypeSH

Market value$72.34M

1.97%

Sole

550K

Shared

0.00

None

0.00

VANECK ETF TRUST

SOLE

OIL SERVICES ETF

Shares250K

TypeSH

Market value$70.93M

1.93%

Sole

250K

Shared

0.00

None

0.00

APPLE INC

SOLE

COM

Shares300K

TypeSH

Market value$69.90M

1.91%

Sole

300K

Shared

0.00

None

0.00

AMERICAN AIRLINES GROUP INC

SOLE

NOTE 6.500% 7/0

Shares66.47M

TypePRN

Market value$68.16M

1.86%

Sole

66.47M

Shared

0.00

None

0.00

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares300K

TypeSH

Market value$66.27M

1.81%

Sole

300K

Shared

0.00

None

0.00

SUNNOVA ENERGY INTL INC.

SOLE

NOTE 0.250%12/0

Shares79.90M

TypePRN

Market value$59.13M

1.61%

Sole

79.90M

Shared

0.00

None

0.00

ON SEMICONDUCTOR CORP

SOLE

NOTE 5/0

Shares39M

TypePRN

Market value$57.13M

1.56%

Sole

39M

Shared

0.00

None

0.00

WAYFAIR INC

SOLE

NOTE 3.500%11/1

Shares35.75M

TypePRN

Market value$52.64M

1.44%

Sole

35.75M

Shared

0.00

None

0.00

SEA LTD

SOLE

NOTE 2.375%12/0

Shares43.50M

TypePRN

Market value$52.11M

1.42%

Sole

43.50M

Shared

0.00

None

0.00

ENCORE CAP GROUP INC

SOLE

NOTE 4.000% 3/1

Shares50.20M

TypePRN

Market value$50.58M

1.38%

Sole

50.20M

Shared

0.00

None

0.00

CINEMARK HLDGS INC

SOLE

NOTE 4.500% 8/1

Shares25.48M

TypePRN

Market value$50.45M

1.38%

Sole

25.48M

Shared

0.00

None

0.00

TRIPLE FLAG PRECIOUS METAL

SOLE

COM

Shares3.05M

TypeSH

Market value$49.43M

1.35%

Sole

3.05M

Shared

0.00

None

0.00

COLLEGIUM PHARMACEUTICAL INC

SOLE

NOTE 2.875% 2/1

Shares37.45M

TypePRN

Market value$47.09M

1.28%

Sole

37.45M

Shared

0.00

None

0.00

IAC INC

SOLE

COM NEW

Shares833.26K

TypeSH

Market value$44.85M

1.22%

Sole

833.26K

Shared

0.00

None

0.00

NOVAVAX INC

SOLE

NOTE 5.000%12/1

Shares34.75M

TypePRN

Market value$43.74M

1.19%

Sole

34.75M

Shared

0.00

None

0.00

LUMEN TECHNOLOGIES INC

SOLE

COM

Shares5.80M

TypeSH

Market value$41.18M

1.12%

Sole

5.80M

Shared

0.00

None

0.00

GRIFOLS S A

SOLE

SP ADR REP B NVT

Shares4.22M

TypeSH

Market value$37.49M

1.02%

Sole

4.22M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
SPDR S&P 500 ETF TRSOLE	TR UNIT	968.80K	SH	$555.86M 15.15%	968.80K
LIBERTY BROADBAND CORPSOLE	COM SER C	2.22M	SH	$171.93M 4.69%	2.22M
INSMED INCSOLE	NOTE 0.750% 6/0	62.02M	PRN	$142.28M 3.88%	62.02M
ROYAL CARIBBEAN GROUPSOLE	COM	750K	SH	$133.02M 3.63%	750K
MICROSTRATEGY INCSOLE	NOTE 2/1	96.22M	PRN	$131.05M 3.57%	96.22M
FRESHPET INCSOLE	NOTE 3.000% 4/0	58.10M	PRN	$120.96M 3.30%	58.10M
KKR & CO INCSOLE	COM	800K	SH	$104.46M 2.85%	800K
SEMTECH CORPSOLE	NOTE 1.625%11/0	57.95M	PRN	$81.94M 2.23%	57.95M
SPDR SER TRSOLE	S&P OILGAS EXP	550K	SH	$72.34M 1.97%	550K
VANECK ETF TRUSTSOLE	OIL SERVICES ETF	250K	SH	$70.93M 1.93%	250K
APPLE INCSOLE	COM	300K	SH	$69.90M 1.91%	300K
AMERICAN AIRLINES GROUP INCSOLE	NOTE 6.500% 7/0	66.47M	PRN	$68.16M 1.86%	66.47M
ISHARES TRSOLE	RUSSELL 2000 ETF	300K	SH	$66.27M 1.81%	300K
SUNNOVA ENERGY INTL INC.SOLE	NOTE 0.250%12/0	79.90M	PRN	$59.13M 1.61%	79.90M
ON SEMICONDUCTOR CORPSOLE	NOTE 5/0	39M	PRN	$57.13M 1.56%	39M
WAYFAIR INCSOLE	NOTE 3.500%11/1	35.75M	PRN	$52.64M 1.44%	35.75M
SEA LTDSOLE	NOTE 2.375%12/0	43.50M	PRN	$52.11M 1.42%	43.50M
ENCORE CAP GROUP INCSOLE	NOTE 4.000% 3/1	50.20M	PRN	$50.58M 1.38%	50.20M
CINEMARK HLDGS INCSOLE	NOTE 4.500% 8/1	25.48M	PRN	$50.45M 1.38%	25.48M
TRIPLE FLAG PRECIOUS METALSOLE	COM	3.05M	SH	$49.43M 1.35%	3.05M
COLLEGIUM PHARMACEUTICAL INCSOLE	NOTE 2.875% 2/1	37.45M	PRN	$47.09M 1.28%	37.45M
IAC INCSOLE	COM NEW	833.26K	SH	$44.85M 1.22%	833.26K
NOVAVAX INCSOLE	NOTE 5.000%12/1	34.75M	PRN	$43.74M 1.19%	34.75M
LUMEN TECHNOLOGIES INCSOLE	COM	5.80M	SH	$41.18M 1.12%	5.80M
GRIFOLS S ASOLE	SP ADR REP B NVT	4.22M	SH	$37.49M 1.02%	4.22M

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