Westchester Capital Management, LLC Q1 2018 Filing

Filed May 15, 2018

Portfolio Value

$2.6B

Holdings

Report Date

Q1 2018

Filing Type

13F-HR

All Holdings (99 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	AABAUSDAltaba Inc.	4,395,616	$325.5M	12.66%
2	SPYSPDR S&P 500 ETF TR	980,000	$257.9M	10.03%	Put
3	NXPINXP Semiconductors NV	1,907,327	$223.2M	8.68%
4	TWXCHFTime Warner Inc.	2,221,228	$210.1M	8.17%
5	—Rockwell Collins, Inc.	1,021,658	$137.8M	5.36%
6	FOXATwenty-First Century Fox, Inc.	2,998,223	$109.0M	4.24%
7	—Monsanto Company NEW	896,396	$104.6M	4.07%
8	—Aetna Inc. NEW	554,379	$93.7M	3.65%
9	—Microsemi Corporation	1,425,147	$92.2M	3.59%
10	—DowDuPont Inc.	1,445,441	$92.1M	3.58%	Put
11	HUNHuntsman Corporation	3,098,750	$90.6M	3.53%	Put
12	—Dr Pepper Snapple Group, Inc.	745,359	$88.2M	3.43%
13	—Orbital ATK, Inc.	630,529	$83.6M	3.25%
14	—XL Group Limited	1,007,828	$55.7M	2.17%
15	—GGP Inc.	2,623,332	$53.7M	2.09%	Put
16	—Orbotech, Ltd.	787,236	$49.0M	1.90%
17	—ILG, Inc.	1,503,176	$46.8M	1.82%	Put
18	TRCOTribune Media Company	1,095,847	$44.4M	1.73%
19	—Twenty-First Century Fox, Inc.	1,063,536	$39.0M	1.52%	Put
20	—Cavium Inc.	438,729	$34.8M	1.35%
21	—Validus Holdings, Ltd.	357,048	$24.1M	0.94%
22	—Impax Laboratories Inc	22,721,000	$22.6M	0.88%
23	—Pinnacle Entertainment, Inc.	674,130	$20.3M	0.79%
24	TRNTrinity Industries Inc.	421,600	$13.8M	0.54%	Put
25	EQTEQT Corporation	283,583	$13.5M	0.52%	Put
26	—CBS Corporation	238,125	$12.2M	0.48%	Put
27	OPTUAltice USA INC	649,800	$12.0M	0.47%	Put
28	XLBSelect Sector SPDR TR	203,800	$11.6M	0.45%	Put
29	—ConvergeOne Holdings, Inc.	1,250,000	$11.6M	0.45%
30	—CSRA Inc.	272,002	$11.2M	0.44%
31	—Avista Healthcare Public Acquisition Corp	1,053,000	$10.5M	0.41%
32	—Pensare Acquisition Corp.	1,029,998	$10.0M	0.39%
33	—Modern Media Acquisition Corp.	980,396	$9.8M	0.38%
34	LLYLilly Eli & Co	117,900	$9.1M	0.35%	Put
35	JCIJohnson Controls International PLC	227,900	$8.0M	0.31%	Put
36	—KapStone Paper and Packaging Corporation	233,770	$8.0M	0.31%
37	—GigCapital, Inc.	652,916	$6.4M	0.25%
38	DOVDover Corp	61,900	$6.1M	0.24%	Put
39	—Ablynx NV	109,915	$6.0M	0.23%
40	—Legacy Acquisition Corp.	580,000	$5.6M	0.22%
41	NESRNational Energy Services Reunited Corp.	550,605	$5.5M	0.21%
42	—Mudrick Capital Acquisition Corp	498,050	$5.1M	0.20%
43	—Dynegy, Inc. NEW DEL	362,400	$4.9M	0.19%
44	—Kayne Anderson Acquisition Corp.	497,203	$4.9M	0.19%
45	—CM Seven Star Acquisition Corp.	474,998	$4.6M	0.18%
46	CTLEURCenturyLink, Inc.	279,771	$4.6M	0.18%
47	—Express Scripts Holding Company	66,517	$4.6M	0.18%
48	—Tiberius Acquisition Corporation	450,000	$4.5M	0.18%
49	—Black Ridge Acquisition Corp.	460,000	$4.5M	0.17%
50	DISCKUSDDiscovery Communications NEW	225,107	$4.4M	0.17%
51	UTXZUnited Technologies Corp	32,200	$4.1M	0.16%	Put
52	DSUBlackrock Debt Strategies Fund, Inc.	328,660	$3.8M	0.15%
53	DXCDXC Technology Company	34,700	$3.5M	0.14%	Put
54	—Regalwood Global Energy Ltd.	337,755	$3.4M	0.13%
55	—FinTech Acquisition Corp. II	330,000	$3.3M	0.13%
56	HIOWestern Asset High Income Opportunity Fun	677,529	$3.3M	0.13%
57	—Electrum Special Acquisition Corp.	300,000	$3.1M	0.12%
58	—Big Rock Partners Acquisition Corp.	244,758	$2.4M	0.09%
59	CZREURCaesars Entertainment Corporation	212,943	$2.4M	0.09%	Put
60	—Archrock Partners, L.P.	177,023	$2.2M	0.08%
61	—Bison Capital Acquisition Corp.	199,998	$2.0M	0.08%
62	—Almost Family Inc.	33,891	$1.9M	0.07%
63	—Constellation Alpha Capital Corp.	191,700	$1.9M	0.07%
64	—Caesars Entertainment Corporation	1,079,299	$1.9M	0.07%
65	—Federal Street Acquisition Corp.	184,998	$1.8M	0.07%
66	—Draper Oakwood Technology	150,000	$1.5M	0.06%
67	MGIEURMoneyGram International, Inc.	161,189	$1.4M	0.05%
68	—Apollo Senior Floating Rate Fund Inc.	77,852	$1.3M	0.05%
69	—Voya (ING) Prime Rate Trust	249,433	$1.3M	0.05%
70	—Invesco Dynamic Credit Opportunities Fund	109,967	$1.3M	0.05%
71	VVRInvesco Senior Income Trust	289,802	$1.3M	0.05%
72	FCTFirst Trust Senior Fltg. Rate Income Fd.I	77,069	$1.0M	0.04%
73	—NXP Semiconductors NV convertible note	809,000	$1.0M	0.04%
74	—Matlin & Partners Acquisition	100,000	$980K	0.04%
75	XFRAXBlackrock Fltg Rate Inc. Strategies Fund	66,381	$965K	0.04%
76	—La Quinta Holdings Inc.	43,884	$829K	0.03%
77	SIRIEURSiriusXM Holdings Inc.	90,948	$568K	0.02%
78	—Rite Aid Corp.	319,100	$536K	0.02%
79	—Alta Mesa Resources, Inc.	64,858	$519K	0.02%
80	LM03Liberty Media Corp Delaware	11,919	$490K	0.02%
81	—ConvergeOne Holdings, Inc.	378,094	$452K	0.02%
82	QCOMQUALCOMM Incorporated	5,000	$277K	0.01%
83	—Pensare Acquisition Corp.	514,999	$274K	0.01%
84	—Modern Media Acquisition Corp.	490,198	$255K	0.01%
85	ARDCAres Dynamic Credit Allocation Fund	15,388	$250K	0.01%
86	—New York REIT, Inc.	11,194	$241K	0.01%
87	—GigCapital, Inc.	489,687	$230K	0.01%
88	—Legacy Acquisition Corp.	580,000	$197K	0.01%
89	—Black Ridge Acquisition Corp.	460,000	$179K	0.01%
90	—Federal Street Acquisition Corp.	92,499	$111K	0.00%
91	—CM Seven Star Acquisition Corp.	237,499	$83K	0.00%
92	—Draper Oakwood Technology	75,000	$63K	0.00%
93	—Big Rock Partners Acquisition Corp.	122,379	$46K	0.00%
94	XJQCXNuveen Credit Strategies Income Fund	5,170	$41K	0.00%
95	—Bison Capital Acquisition Corp.	99,999	$40K	0.00%
96	—MainSource Financial Group, Inc.	850	$35K	0.00%
97	—Apollo Tactical Income Fund Inc.	2,019	$32K	0.00%
98	—Borqs Technologies Inc.	1,619	$14K	0.00%
99	—Landcadia Holdings, Inc.	990	$10K	0.00%