Empyrean Capital Partners, LP Q1 2025 Filing

Filed May 15, 2025

Portfolio Value

$2.8T

Holdings

59

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (59 positions)

#StockSharesValue% PortfolioType
1
HYGISHARES TR
5,800,000$457.6B16.25%Put
2
IWMISHARES TR
1,835,000$366.1B13.00%Put
3
HESHESS CORP
1,199,000$191.5B6.80%
4
SHELSHELL PLC
2,300,000$168.5B5.99%
5
AERAERCAP HOLDINGS NV
1,382,000$141.2B5.02%
6
SPYSPDR S&P 500 ETF TR
220,000$123.1B4.37%Put
7
CVSCVS HEALTH CORP
1,531,000$103.7B3.68%
8
MPCMARATHON PETE CORP
520,500$75.8B2.69%
9
TXNMTXNM ENERGY INC
1,404,554$75.1B2.67%
10
PCGPG&E CORP
3,800,000$65.3B2.32%
11
APGAPI GROUP CORP
1,800,000$64.4B2.29%
12
UNHUNITEDHEALTH GROUP INC
120,000$62.9B2.23%
13
FTAIFTAI AVIATION LTD
554,320$61.5B2.19%
14
OPTUALTICE USA INC
20,100,000$53.5B1.90%
15
NMRKNEWMARK GROUP INC
4,360,150$53.1B1.88%
16
CAHCARDINAL HEALTH INC
379,000$52.2B1.85%
17
ENVAENOVA INTL INC
512,800$49.5B1.76%
18
AAMIACADIAN ASSET MANAGEMENT INC
1,880,634$48.6B1.73%
19
ALITALIGHT INC
7,500,000$44.5B1.58%
20
PD 1.5 10/15/28 *PAGERDUTY INC
40,000,000$39.6B1.41%
21
VTOLBRISTOW GROUP INC
1,130,000$35.7B1.27%
22
VSH 2.25 09/15/30VISHAY INTERTECHNOLOGY INC
40,000,000$35.4B1.26%
23
CCIXCHURCHILL CAPITAL CORP IX
2,900,000$31.3B1.11%
24
ITCIEURINTRA-CELLULAR THERAPIES INC
228,000$30.1B1.07%
25
DFSEURDISCOVER FINL SVCS
168,000$28.7B1.02%
26
LBRDKLIBERTY BROADBAND CORP
320,561$27.3B0.97%
27
CHEF 2.375 12/15/28CHEFS WHSE INC
18,300,000$25.4B0.90%
28
ON 0.5 03/01/29ON SEMICONDUCTOR CORP
25,000,000$21.5B0.76%
29
KK0NEXTNAV INC
1,685,000$20.5B0.73%
30
SIRISIRIUSXM HOLDINGS INC
905,623$20.4B0.73%
31
AEIS 2.5 09/15/28ADVANCED ENERGY INDS
19,212,000$19.8B0.70%
32
SBGISINCLAIR INC
1,144,493$18.2B0.65%
33
HNRGHALLADOR ENERGY COMPANY
1,325,000$16.3B0.58%
34
AKAMAKAMAI TECHNOLOGIES INC
200,000$16.1B0.57%
35
AMPH 2 03/15/29AMPHASTAR PHARMACEUTICALS IN
17,000,000$15.1B0.54%
36
TDSTELEPHONE & DATA SYS INC
325,000$12.6B0.45%
37
AMBPARDAGH METAL PACKAGING S A
4,000,000$12.1B0.43%
38
FWONALIBERTY MEDIA CORP DEL
175,771$12.0B0.43%
39
ACICAMERICAN COASTAL INS CORP
940,500$10.9B0.39%
40
AEMAGNICO EAGLE MINES LTD
100,000$10.8B0.39%
41
SWTXSPRINGWORKS THERAPEUTICS INC
245,000$10.8B0.38%
42
AGIALAMOS GOLD INC NEW
400,000$10.7B0.38%
43
SABRSABRE CORP
3,500,000$9.8B0.35%
44
NGDNEW GOLD INC CDA
2,610,000$9.7B0.34%
4510,000,000$9.4B0.33%
46
MAGNMAGNERA CORP
469,730$8.5B0.30%
47
FIPFTAI INFRASTRUCTURE INC
1,471,790$6.7B0.24%
48
FWONALIBERTY MEDIA CORP DEL
94,563$6.4B0.23%
49
NGNOVAGOLD RES INC
1,933,066$5.6B0.20%
50
VALVALARIS LTD
140,000$5.5B0.20%
51
BURBURFORD CAP LTD
340,000$4.5B0.16%
52
FGF&G ANNUITIES & LIFE INC
102,000$3.7B0.13%
53
WOLF 1.875 12/01/29WOLFSPEED INC
10,500,000$2.4B0.09%
54
CSWC 5.125 11/15/29CAPITAL SOUTHWEST CORP
2,000,000$1.9B0.07%
55
SAROSTANDARDAERO INC
35,000$932.4M0.03%
5620,000$894.8M0.03%
57
CCIXCHURCHILL CAPITAL CORP IX
440,000$352.0M0.01%
58
COCHWENVOY MEDICAL INC
75,000$2.5M0.00%
59
BENFWBENEFICIENT
100,000$730K0.00%