Westchester Capital Management, LLC Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$2.2B

Holdings

248

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (248 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	—CRANE HBR ACQUISITION CORP	1,025,000	$328.0M	15.00%
2	SOULSOULPOWER ACQUISITION CORP	1,247,800	$237.1M	10.84%
3	JACSJACKSON ACQUISITION CO II	850,000	$212.5M	9.72%
4	TACHTITAN ACQUISITION CORP	672,345	$202.5M	9.26%
5	SZZLSIZZLE ACQUISITION CORP. II	1,000,000	$170.0M	7.78%
6	MLACMOUNTAIN LAKE ACQUISITION CO	805,100	$161.0M	7.36%
7	07WAMR COOPER GROUP INC	736,206	$155.2M	7.10%
8	TECK/BTECK RESOURCES LTD	3,518,246	$154.4M	7.06%	Put
9	KELKELLANOVA	1,701,179	$139.5M	6.38%
10	CYBRCYBERARK SOFTWARE LTD	278,008	$134.3M	6.14%
11	SPYSPDR S&P 500 ETF TR	200,000	$133.2M	6.09%	Put
12	GTLSCHART INDS INC	549,332	$109.9M	5.03%
13	DMIIDRUGS MADE IN AMER ACQUTN CO	500,000	$108.8M	4.97%
14	LCCCLAKESHORE ACQUISITION III CO	439,436	$87.9M	4.02%
15	AFJKAIMEI HEALTH TECHNOLOGY CO L	288,212	$86.5M	3.95%
16	FYBRFRONTIER COMMUNICATIONS PARE	2,093,629	$78.2M	3.58%
17	TAVITAVIA ACQUISITION CORP	400,000	$78.0M	3.57%
18	COPLCOPLEY ACQUISITION CORP	376,548	$75.6M	3.46%
19	SIMASIM ACQUISITION CORP. I	187,499	$71.3M	3.26%
20	ATIIARCHIMEDES TECH SPAC PARTNER	199,999	$70.0M	3.20%
21	ESHARESH ACQUISITION CORP	400,000	$70.0M	3.20%
22	UYSCUY SCUTI ACQUISITION CORP.	330,000	$66.0M	3.02%
23	IPGINTERPUBLIC GROUP COS INC	2,282,614	$63.7M	2.91%
24	FACTFACT II ACQUISITION CORP	216,500	$60.6M	2.77%
25	—NEWBURY STR II ACQUISITION C	225,000	$52.0M	2.38%
26	VRNAVERONA PHARMA PLC	483,655	$51.6M	2.36%
27	LBRDALIBERTY BROADBAND CORP	756,525	$47.9M	2.19%
28	PGACPANTAGES CAPITAL ACQUISITION	385,000	$46.2M	2.11%
29	LPBBLAUNCH TWO ACQUISITION CORP.	124,999	$45.5M	2.08%
30	POLEANDRETTI ACQUISITION CORP II	224,999	$45.0M	2.06%
31	—KEEN VISION ACQUISITION CORP	649,000	$42.8M	1.96%
32	PRAPROASSURANCE CORP	1,761,213	$42.3M	1.93%
33	LOBLIVE OAK ACQUISITION CORP V	99,999	$42.0M	1.92%
34	BAYARBAYVIEW ACQUISITION CORP	250,000	$40.0M	1.83%
35	NSCNORFOLK SOUTHN CORP	130,825	$39.3M	1.80%
36	GSHRGESHER ACQUISITION CORP. II	119,999	$38.4M	1.76%
37	—NEWHOLD INVT CORP III	99,998	$36.0M	1.65%
38	—STELLAR V CAP CORP	99,998	$35.6M	1.63%
39	GRAFGRAF GLOBAL CORP	106,977	$35.3M	1.61%
40	KFIIK&F GROWTH ACQUISITION CORP	250,000	$32.5M	1.49%
41	WBDWARNER BROS DISCOVERY INC	1,620,000	$31.6M	1.45%	Put
42	VACHVOYAGER ACQUISITION CORP	183,647	$31.2M	1.43%
43	—ALCHEMY INVTS ACQUISITN CORP	224,998	$29.3M	1.34%
44	YCYAA MISSION ACQUISITION CORP	2,701,172	$28.4M	1.30%
45	ISRLFISRAEL ACQUISITIONS CORP	153,300	$28.0M	1.28%
46	IBACRIB ACQUISITION CORP	349,019	$27.9M	1.28%
47	ANSCAGRICULTURE & NAT SOL ACQ CO	2,464,804	$26.9M	1.23%
48	EAELECTRONIC ARTS INC	129,166	$26.1M	1.19%
49	UCFIWIRON HORSE ACQUISITIONS CORP	243,606	$24.6M	1.13%
50	TGNATEGNA INC	1,192,134	$24.2M	1.11%
51	CAPNCAYSON ACQUISITION CORP	150,000	$24.0M	1.10%
52	HYACHAYMAKER ACQUISITION CORP IV	1,939,028	$22.0M	1.01%
53	KFIIK&F GROWTH ACQUISITION CORP	1,885,000	$19.3M	0.88%
54	DTSQDT CLOUD ACQUISITION CORP	128,936	$18.1M	0.83%
55	—AGRICULTURE & NAT SOL ACQ CO	132,870	$18.0M	0.82%
56	DMIIDRUGS MADE IN AMER ACQUTN CO	1,669,000	$17.1M	0.78%
57	SZZLSIZZLE ACQUISITION CORP. II	1,564,728	$15.8M	0.72%
58	ALFCENTURION ACQUISITION CORP	49,999	$15.0M	0.69%
59	CTLPCANTALOUPE INC	1,389,401	$14.7M	0.67%
60	—NABORS ENERGY TRANSITION COR	1,293,018	$14.5M	0.66%
61	GTERAGLOBA TERRA ACQUISITION COR	1,414,429	$14.1M	0.65%
62	CSXCSX CORP	383,367	$13.6M	0.62%	Put
63	TACHTITAN ACQUISITION CORP	1,344,693	$13.6M	0.62%
64	SIMASIM ACQUISITION CORP. I	1,270,312	$13.3M	0.61%
65	S9QSPIRIT AEROSYSTEMS HLDGS INC	344,900	$13.3M	0.61%
66	VBTXVERITEX HLDGS INC	393,942	$13.2M	0.60%
67	VACHVOYAGER ACQUISITION CORP	1,261,894	$13.2M	0.60%
68	BACQBLEICHROEDER ACQUISITION COR	1,265,907	$13.2M	0.60%
69	NPACNEW PROVIDENCE ACQUISITION C	1,278,999	$13.1M	0.60%
70	SOULSOULPOWER ACQUISITION CORP	1,279,300	$12.9M	0.59%
71	PLMKPLUM ACQUISITION CORP IV	1,225,000	$12.7M	0.58%
72	HONHONEYWELL INTL INC	59,900	$12.6M	0.58%	Put
73	BACCBLUE ACQUISITION CORP.	1,250,000	$12.5M	0.57%
74	JACSJACKSON ACQUISITION CO II	1,186,200	$12.3M	0.56%
75	MLACMOUNTAIN LAKE ACQUISITION CO	1,182,271	$12.2M	0.56%
76	POLEANDRETTI ACQUISITION CORP II	1,161,916	$12.2M	0.56%
77	ALDFALDEL FINL II INC	1,159,448	$12.1M	0.55%
78	GPATGP-ACT III ACQUISITION CORP	1,110,852	$11.8M	0.54%
79	FACTFACT II ACQUISITION CORP	1,083,000	$11.2M	0.51%
80	BCARD. BORAL ARC ACQ I CORP.	1,106,259	$11.0M	0.50%
81	MRUSMERUS N V	114,159	$10.7M	0.49%
82	CHACRCRANE HBR ACQUISITION CORP	1,025,000	$10.4M	0.47%
83	KCHVKOCHAV DEFENSE ACQUI CO	1,000,000	$10.2M	0.47%
84	AACBARTIUS II ACQUISITION INC	995,939	$10.1M	0.46%
85	KDPKEURIG DR PEPPER INC	391,400	$10.0M	0.46%	Put
86	LPBBLAUNCH TWO ACQUISITION CORP.	950,000	$9.9M	0.45%
87	ALAIR LEASE CORP	153,700	$9.8M	0.45%
88	—NEWBURY STR II ACQUISITION C	898,111	$9.3M	0.43%
89	ATIIARCHIMEDES TECH SPAC PARTNER	900,000	$9.2M	0.42%
90	COPLCOPLEY ACQUISITION CORP	860,600	$8.7M	0.40%
91	ARISUSDARIS WATER SOLUTIONS INC	351,639	$8.7M	0.40%
92	PACHPIONEER ACQUISITION I CORP	850,000	$8.5M	0.39%
93	OYSEOYSTER ENTERPRISES II ACQUIS	850,000	$8.5M	0.39%
94	GIGGIGCAPITAL7 CORP	789,000	$8.3M	0.38%
95	BZFDWBUZZFEED INC	145,837	$8.0M	0.37%
96	BAERWBRIDGER AEROSPACE GRP HLDGS	100,000	$8.0M	0.37%
97	VCICVINE HILL CAP INVT CORP.	722,042	$7.7M	0.35%
98	0J7QIAC INC	223,900	$7.6M	0.35%	Put
99	ALFCENTURION ACQUISITION CORP	688,140	$7.3M	0.33%
100	TASKTASKUS INC	400,627	$7.2M	0.33%

Page 1 of 3Next