Westchester Capital Management, LLC Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$1.9B

Holdings

205

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (205 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	HESHESS CORP	1,553,196	$215.2M	11.27%
2	SPYSPDR S&P 500 ETF TR	250,000	$154.5M	8.09%	Put
3	KELKELLANOVA	1,701,179	$135.3M	7.08%
4	APY1EURCHAMPIONX CORPORATION	3,857,598	$95.8M	5.02%
5	FYBRFRONTIER COMMUNICATIONS PARE	2,229,955	$81.2M	4.25%
6	07WAMR COOPER GROUP INC	498,421	$74.4M	3.89%
7	LBRDALIBERTY BROADBAND CORP	742,825	$72.7M	3.80%
8	AZEKAZEK CO INC	1,304,619	$70.9M	3.71%
9	IPGINTERPUBLIC GROUP COS INC	2,112,932	$51.7M	2.71%
10	—ARES ACQUISITION CORP II	3,827,254	$43.4M	2.27%
11	PRAPROASSURANCE CORP	1,786,339	$40.8M	2.14%
12	SKAASKECHERS U S A INC	539,283	$34.0M	1.78%
13	G2CEVERI HLDGS INC	2,095,635	$29.8M	1.56%
14	JNPJUNIPER NETWORKS INC	690,134	$27.6M	1.44%
15	ANSCAGRICULTURE & NAT SOL ACQ CO	2,464,804	$26.7M	1.40%
16	YCYAA MISSION ACQUISITION CORP	2,190,000	$22.8M	1.19%
17	KFIIK&F GROWTH ACQUISITION CORP	1,885,000	$19.2M	1.00%
18	BACQBLEICHROEDER ACQUISITION COR	1,765,000	$18.2M	0.95%
19	BABOEING CO	86,300	$18.1M	0.95%	Put
20	DMIIDRUGS MADE IN AMER ACQUTN CO	1,669,000	$17.0M	0.89%
21	—NABORS ENERGY TRANSITION COR	1,484,265	$16.5M	0.86%
22	CTLPCANTALOUPE INC	1,431,317	$15.7M	0.82%
23	AMEDAMEDISYS INC	154,583	$15.2M	0.80%
24	TACHTITAN ACQUISITION CORP	1,344,693	$13.7M	0.72%
25	NPACNEW PROVIDENCE ACQUISITION C	1,280,000	$13.4M	0.70%
26	HYACHAYMAKER ACQUISITION CORP IV	1,189,028	$13.2M	0.69%
27	S9QSPIRIT AEROSYSTEMS HLDGS INC	344,900	$13.2M	0.69%
28	VACHVOYAGER ACQUISITION CORP	1,261,894	$13.1M	0.69%
29	SIMASIM ACQUISITION CORP. I	1,224,987	$12.8M	0.67%
30	SOULSOULPOWER ACQUISITION CORP	1,247,800	$12.7M	0.67%
31	PLMKPLUM ACQUISITION CORP IV	1,225,000	$12.6M	0.66%
32	GPATGP-ACT III ACQUISITION CORP	1,160,852	$12.2M	0.64%
33	JACSJACKSON ACQUISITION CO II	1,186,200	$12.2M	0.64%
34	ALDFALDEL FINL II INC	1,159,448	$12.2M	0.64%
35	MLACMOUNTAIN LAKE ACQUISITION CO	1,182,271	$12.1M	0.64%
36	POLEANDRETTI ACQUISITION CORP II	1,161,916	$12.1M	0.63%
37	DNBDUN & BRADSTREET HLDGS INC	1,300,245	$11.8M	0.62%
38	VCICVINE HILL CAP INVT CORP.	1,095,551	$11.4M	0.60%
39	FACTFACT II ACQUISITION CORP	1,083,000	$11.2M	0.59%
40	HONHONEYWELL INTL INC	46,600	$10.9M	0.57%	Put
41	DDDUPONT DE NEMOURS INC	158,100	$10.8M	0.57%	Put
42	—CRANE HBR ACQUISITION CORP	1,025,000	$10.6M	0.56%
43	IGTINTERNATIONAL GAME TECHNOLOG	651,100	$10.3M	0.54%	Put
44	SZZLSIZZLE ACQUISITION CORP. II	1,000,000	$10.2M	0.53%
45	KCHVKOCHAV DEFENSE ACQUI CO	1,000,000	$10.2M	0.53%
46	AACBARTIUS II ACQUISITION INC	995,939	$10.1M	0.53%
47	TVATEXAS VENTURES ACQUISITION I	972,064	$10.0M	0.52%
48	LPBBLAUNCH TWO ACQUISITION CORP.	950,000	$9.9M	0.52%
49	—ARMADA ACQUISITION CORP II	850,000	$8.7M	0.45%
50	OYSEOYSTER ENTERPRISES II ACQUIS	850,000	$8.6M	0.45%
51	2L9BLUEPRINT MEDICINES CORP	64,928	$8.3M	0.44%
52	GIGGIGCAPITAL7 CORP	749,000	$7.8M	0.41%
53	COPLCOPLEY ACQUISITION CORP	753,100	$7.6M	0.40%
54	—NEWBURY STR II ACQUISITION C	725,111	$7.5M	0.39%
55	ALFCENTURION ACQUISITION CORP	688,140	$7.3M	0.38%
56	CGCTCARTESIAN GROWTH CORP III	700,000	$7.1M	0.37%
57	TAVITAVIA ACQUISITION CORP	680,000	$7.0M	0.37%
58	IPODDUNE ACQUISITION CORP II	666,477	$6.8M	0.35%
59	SDHISIDDHI ACQUISITION CORP	661,800	$6.7M	0.35%
60	ATIIARCHIMEDES TECH SPAC PARTNER	650,000	$6.6M	0.35%
61	DTSQDT CLOUD STAR ACQUISITION CO	619,817	$6.4M	0.34%
62	LF2PACIFIC PREMIER BANCORP	274,105	$5.8M	0.30%
63	CMCSACOMCAST CORP NEW	159,200	$5.7M	0.30%	Put
64	—GSR III ACQUISITION CORP	516,137	$5.6M	0.29%
65	BACQMAYWOOD ACQUISITION CORP	532,807	$5.4M	0.28%
66	GTENGORES HLDGS X INC	516,973	$5.4M	0.28%
67	BB3BROOKLINE BANCORP INC DEL	491,392	$5.2M	0.27%
68	LEGTLEGATO MERGER CORP III	483,161	$5.2M	0.27%
69	—BLUE WTR ACQUISITION CORP. I	500,000	$5.0M	0.26%
70	SPKLSPARK I ACQUISITION CORP	427,716	$4.7M	0.24%
71	ETWOGBPE2OPEN PARENT HOLDINGS INC	1,417,877	$4.6M	0.24%
72	PGACAIFEEX NEXUS ACQUISITION COR	443,000	$4.5M	0.24%
73	LCCCLAKESHORE ACQUISITION III CO	439,436	$4.5M	0.23%
74	MACIMELAR ACQUISITION CORP. I	424,707	$4.5M	0.23%
75	FGMCFG MERGER II CORP	436,206	$4.3M	0.23%
76	WLACWILLOW LANE ACQUISITION CORP	414,349	$4.2M	0.22%
77	HSPTHORIZON SPACE ACQUISITION II	404,900	$4.1M	0.22%
78	JENAJENA ACQUISITION CORP II	400,000	$4.1M	0.22%
79	—YHN ACQUISITION I LTD	398,000	$4.1M	0.22%
80	WENNWEN ACQUISITION CORP	384,654	$4.1M	0.21%
81	FVNFUTURE VISION II ACQUISITION	376,362	$3.9M	0.21%
82	RDACRISING DRAGON ACQUISITION CO	367,500	$3.8M	0.20%
83	QSEAQUARTZSEA ACQUISITION CORP	366,605	$3.7M	0.19%
84	SBXDSILVERBOX CORP IV	332,262	$3.6M	0.19%
85	IBACIB ACQUISITION CORP	349,019	$3.6M	0.19%
86	HSPTHORIZON SPACE ACQUSTN I CORP	297,000	$3.6M	0.19%
87	LWACLIGHTWAVE ACQUISITION CORP	350,000	$3.5M	0.18%
88	UYSCUY SCUTI ACQUISITION CORP.	330,000	$3.4M	0.18%
89	CAPNCAYSON ACQUISITION CORP	325,000	$3.4M	0.18%
90	NOEMCO2 ENERGY TRANSITION CORP	331,013	$3.3M	0.18%
91	—JVSPAC ACQUISITION CORP	300,000	$3.3M	0.17%
92	BKHABLACK HAWK ACQUISITION CORP	300,000	$3.2M	0.17%
93	DRDBROMAN DBDR ACQUISITION CORP	300,000	$3.1M	0.16%
94	ETHMDYNAMIX CORP	282,000	$2.9M	0.15%
95	TVAITHAYER VENTURES ACQ CORP II	275,000	$2.8M	0.15%
96	—EUREKA ACQUISITION CORP	266,000	$2.8M	0.14%
97	RFAIRF ACQUISITION CORP II	250,000	$2.6M	0.14%
98	NHICNEWHOLD INVT CORP III	250,000	$2.5M	0.13%
99	XRPNARMADA ACQUISITION CORP II	250,000	$2.5M	0.13%
100	PACHPIONEER ACQUISITION I CORP	250,000	$2.5M	0.13%

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