Empyrean Capital Partners, LP Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$3.0T

Holdings

75

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (75 positions)

#StockSharesValue% PortfolioType
1
HYGISHARES TR
5,500,000$443.6B14.88%Put
2
IWMISHARES TR
1,750,000$377.6B12.67%Put
3
AERAERCAP HOLDINGS NV
1,432,000$167.5B5.62%
4
SHELSHELL PLC
2,300,000$161.9B5.43%
5
HESHESS CORP
906,000$125.5B4.21%
6
LBRDKLIBERTY BROADBAND CORP
920,781$90.6B3.04%
7
MPCMARATHON PETE CORP
531,000$88.2B2.96%
8
TXNMTXNM ENERGY INC
1,442,554$81.2B2.73%
9
SPYSPDR S&P 500 ETF TR
124,848$77.1B2.59%
10
AAMIACADIAN ASSET MANAGEMENT INC
1,880,634$66.3B2.22%
11
ENVAENOVA INTL INC
567,538$63.3B2.12%
12
CVSCVS HEALTH CORP
862,000$59.5B1.99%
13
PCGPG&E CORP
4,100,000$57.2B1.92%
14
NMRKNEWMARK GROUP INC
4,360,150$53.0B1.78%
15
CAHCARDINAL HEALTH INC
311,300$52.3B1.75%
16
SKAASKECHERS U S A INC
821,000$51.8B1.74%
17
OPTUALTICE USA INC
23,100,000$49.4B1.66%
18
LBRDALIBERTY BROADBAND CORP
500,000$48.9B1.64%
19
ALITALIGHT INC
8,500,000$48.1B1.61%
20
BMTABRITISH AMERN TOB PLC
950,000$45.0B1.51%
21
BL 1 06/01/29BLACKLINE INC
42,000,000$44.8B1.50%
22
VTOLBRISTOW GROUP INC
1,276,000$42.1B1.41%
23
PD 1.5 10/15/28 *PAGERDUTY INC
40,000,000$38.2B1.28%
24
VSH 2.25 09/15/30VISHAY INTERTECHNOLOGY INC
42,000,000$37.6B1.26%
25
JHXJAMES HARDIE INDS PLC
1,257,000$33.8B1.13%
26
COFCAPITAL ONE FINL CORP
150,000$31.9B1.07%
27
CCCXUCHURCHILL CAP CORP X
3,000,000$30.9B1.04%
28
UNHUNITEDHEALTH GROUP INC
94,000$29.3B0.98%
29
CCIXCHURCHILL CAPITAL CORP IX
2,633,582$27.7B0.93%
30
NGNOVAGOLD RES INC
6,539,000$26.7B0.90%
31
KK0NEXTNAV INC
1,685,000$25.6B0.86%
32
ON 0.5 03/01/29ON SEMICONDUCTOR CORP
27,500,000$25.4B0.85%
33
AEIS 2.5 09/15/28ADVANCED ENERGY INDS
18,500,000$22.2B0.75%
34
PSXPHILLIPS 66
178,000$21.2B0.71%
35
SIRISIRIUSXM HOLDINGS INC
905,623$20.8B0.70%
3620,500,000$20.3B0.68%
37
AMBPARDAGH METAL PACKAGING S A
4,000,000$17.1B0.57%
38
PPTAPERPETUA RESOURCES CORP
1,396,500$17.0B0.57%
39
SBGISINCLAIR INC
1,144,493$15.8B0.53%
40
FIPFTAI INFRASTRUCTURE INC
2,372,000$14.6B0.49%
41
SABRSABRE CORP
4,520,099$14.3B0.48%
42
FWONALIBERTY MEDIA CORP DEL
175,771$14.3B0.48%
43
NXENEXGEN ENERGY LTD
2,051,600$14.2B0.48%
44
AMPH 2 03/15/29AMPHASTAR PHARMACEUTICALS IN
15,000,000$13.0B0.44%
45
CHEF 2.375 12/15/28CHEFS WHSE INC
8,000,000$12.5B0.42%
46
AEMAGNICO EAGLE MINES LTD
100,000$11.9B0.40%
47
TDSTELEPHONE & DATA SYS INC
325,000$11.6B0.39%
48
ACICAMERICAN COASTAL INS CORP
940,500$10.5B0.35%
49
BTBTBIT DIGITAL INC
4,250,000$9.3B0.31%
507,500,000$9.0B0.30%
51
SATSECHOSTAR CORP
313,000$8.7B0.29%
52
AGIALAMOS GOLD INC NEW
300,000$8.0B0.27%
53
NGDNEW GOLD INC CDA
1,539,428$7.6B0.26%
54
FWONALIBERTY MEDIA CORP DEL
94,563$7.5B0.25%
55
HNRGHALLADOR ENERGY COMPANY
471,168$7.5B0.25%
56
BPBP PLC
245,000$7.3B0.25%
57
SNCYSUN CTRY AIRLS HLDGS INC
557,042$6.5B0.22%
586,000,000$5.7B0.19%
59
MAGNMAGNERA CORP
469,730$5.7B0.19%
60
EQTEQT CORP
71,600$4.2B0.14%
61
RRCRANGE RES CORP
101,300$4.1B0.14%
62
ARANTERO RESOURCES CORP
101,400$4.1B0.14%
63
EXEEXPAND ENERGY CORPORATION
34,500$4.0B0.14%
64
ULCCFRONTIER GROUP HLDGS INC
1,100,000$4.0B0.13%
65
FSLY 0 03/15/26FASTLY INC
4,000,000$3.8B0.13%
664,000,000$3.6B0.12%
67
CRKCOMSTOCK RES INC
118,900$3.3B0.11%
68
ASTLALGOMA STL GROUP INC
452,148$3.1B0.10%
69
BACCBLUE ACQUISITION CORP.
300,000$3.0B0.10%
70
CTRACOTERRA ENERGY INC
115,400$2.9B0.10%
71
CEPFCANTOR EQUITY PARTNERS III I
250,000$2.6B0.09%
72
WOLF 1.875 12/01/29WOLFSPEED INC
4,250,000$1.1B0.04%
73
CCIXCHURCHILL CAPITAL CORP IX
440,000$418.0M0.01%
74
COCHWENVOY MEDICAL INC
75,000$2.6M0.00%
75
BENFWBENEFICIENT
100,000$690K0.00%