13F HOLDINGS REPORT
Empyrean Capital Partners, LP
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001317195-26-000001
Total Value
$2.87B
Positions
94
Other Managers
0
Confidential Omitted
No
Holdings (94)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | AERCAP HOLDINGS NV | AER | 1,100,000 | $158.1M | 5.51% |
| 2 | SHELL PLC | RYDAF | 1,700,000 | $124.9M | 4.35% |
| 3 | BRITISH AMERN TOB PLC | 110448107 | 2,200,000 | $124.6M | 4.34% |
| 4 | CAPITAL ONE FINL CORP | 14040H105 | 444,000 | $107.6M | 3.75% |
| 5 | PG&E CORP | PCG-PX | 5,900,000 | $94.8M | 3.30% |
| 6 | CVS HEALTH CORP | CVS | 1,160,000 | $92.1M | 3.21% |
| 7 | UNION PAC CORP | UNP | 373,800 | $86.5M | 3.01% |
| 8 | TXNM ENERGY INC | TXNM | 1,442,554 | $84.9M | 2.96% |
| 9 | CONSTELLATION BRANDS INC | STZ | 586,700 | $80.9M | 2.82% |
| 10 | NEWMARK GROUP INC | NMRK | 4,360,150 | $75.6M | 2.63% |
| 11 | MARATHON PETE CORP | MARA | 436,500 | $71.0M | 2.47% |
| 12 | ENOVA INTL INC | 29357K103 | 441,564 | $69.4M | 2.42% |
| 13 | AXALTA COATING SYS LTD | AXTA | 2,050,000 | $66.2M | 2.31% |
| 14 | ACADIAN ASSET MANAGEMENT INC | AAMI | 1,404,562 | $66.0M | 2.30% |
| 15 | UNITEDHEALTH GROUP INC | UNH | 193,000 | $63.7M | 2.22% |
| 16 | NORFOLK SOUTHN CORP | 655844108 | 203,800 | $58.8M | 2.05% |
| 17 | WARNER BROS DISCOVERY INC | WBD | 2,000,000 | $57.6M | 2.01% |
| 18 | CARDINAL HEALTH INC | CAH | 247,800 | $50.9M | 1.77% |
| 19 | LIBERTY BROADBAND CORP | LBRDP | 920,781 | $44.7M | 1.56% |
| 20 | BRISTOW GROUP INC | VTOL | 1,214,599 | $44.5M | 1.55% |
| 21 | OPTIMUM COMMUNICATIONS INC | OPTU | 25,028,407 | $41.3M | 1.44% |
| 22 | BAIN CAP GSS INVT CORP | G0R78B122 | 3,990,000 | $40.8M | 1.42% |
| 23 | VISHAY INTERTECHNOLOGY INC | VSH | 44,000,000 | $39.6M | 1.38% |
| 24 | VIASAT INC | VSAT | 1,138,000 | $39.2M | 1.37% |
| 25 | COMMSCOPE HLDG CO INC | 20337X109 | 2,060,000 | $37.3M | 1.30% |
| 26 | BARRICK MNG CORP | 06849F108 | 821,000 | $35.8M | 1.25% |
| 27 | CHURCHILL CAP CORP XI | G2131A124 | 3,500,000 | $35.7M | 1.24% |
| 28 | PHILLIPS 66 | PSX | 264,800 | $34.2M | 1.19% |
| 29 | ASHLAND INC | ASH | 542,000 | $31.8M | 1.11% |
| 30 | NEXTNAV INC | NXNVW | 1,886,000 | $31.4M | 1.09% |
| 31 | TREEHOUSE FOODS INC | 89469A104 | 1,320,000 | $31.1M | 1.08% |
| 32 | NELNET INC | NNI | 231,000 | $30.7M | 1.07% |
| 33 | MKS INC. | MKSI | 23,800,000 | $30.4M | 1.06% |
| 34 | KENVUE INC | KVUE | 1,732,000 | $29.9M | 1.04% |
| 35 | CHURCHILL CAPITAL CORP IX | CCIXW | 2,633,582 | $28.0M | 0.98% |
| 36 | PAGERDUTY INC | PD | 28,500,000 | $27.1M | 0.95% |
| 37 | KARBON CAP PARTNERS CORP | G5225W126 | 2,632,752 | $26.5M | 0.92% |
| 38 | ANI PHARMACEUTICALS INC | ANIP | 21,000,000 | $26.5M | 0.92% |
| 39 | IAC INC | IAC | 677,000 | $26.5M | 0.92% |
| 40 | QORVO INC | QRVO | 309,000 | $26.1M | 0.91% |
| 41 | COMCAST CORP NEW | CCZ | 868,700 | $26.0M | 0.90% |
| 42 | NOVAGOLD RES INC | 66987E206 | 2,705,100 | $25.2M | 0.88% |
| 43 | PERPETUA RESOURCES CORP | PPTA | 1,028,853 | $24.9M | 0.87% |
| 44 | CHARLES RIV LABS INTL INC | 159864107 | 121,500 | $24.2M | 0.84% |
| 45 | LIBERTY BROADBAND CORP | LBRDP | 500,000 | $24.1M | 0.84% |
| 46 | ON SEMICONDUCTOR CORP | ON | 25,000,000 | $23.7M | 0.83% |
| 47 | IQVIA HLDGS INC | IQV | 104,650 | $23.6M | 0.82% |
| 48 | MONDELEZ INTL INC | 609207105 | 418,000 | $22.5M | 0.78% |
| 49 | LIBERTY ENERGY INC | LBRT | 1,200,000 | $22.2M | 0.77% |
| 50 | ECHOSTAR CORP | SATS | 189,000 | $20.5M | 0.72% |
| 51 | BLACKSTONE SECD LENDING FD | BX | 765,000 | $20.1M | 0.70% |
| 52 | KIMBERLY-CLARK CORP | KMB | 187,200 | $18.9M | 0.66% |
| 53 | ARDAGH METAL PACKAGING S A | AMPWF | 4,000,000 | $16.4M | 0.57% |
| 54 | SINCLAIR INC | SBGI | 1,044,493 | $16.0M | 0.56% |
| 55 | GORES HLDGS X INC | G4002F109 | 1,475,000 | $15.1M | 0.53% |
| 56 | AMPHASTAR PHARMACEUTICALS IN | AMPH | 16,265,000 | $15.0M | 0.52% |
| 57 | CENTURI HOLDINGS INC | CTRI | 578,000 | $14.6M | 0.51% |
| 58 | RITHM ACQUISITION CORP | RAC-WT | 1,389,513 | $14.4M | 0.50% |
| 59 | TELEFLEX INCORPORATED | TFX | 118,000 | $14.4M | 0.50% |
| 60 | AMERICAN EXCEPTIONALISM ACQU | AEXA | 1,230,000 | $14.0M | 0.49% |
| 61 | SIRIUSXM HOLDINGS INC | 829933100 | 692,775 | $13.9M | 0.48% |
| 62 | TELEPHONE & DATA SYS INC | TDS-PV | 300,000 | $12.3M | 0.43% |
| 63 | AMERICAN COASTAL INS CORP | ACIC | 940,500 | $11.9M | 0.41% |
| 64 | DAEDALUS SPL ACQUISITION COR | G2616C124 | 1,132,000 | $11.4M | 0.40% |
| 65 | LIBERTY LIVE HOLDINGS INC | LLYVK | 134,300 | $11.2M | 0.39% |
| 66 | GCI LIBERTY INC | GLIBK | 293,218 | $10.9M | 0.38% |
| 67 | PENGUIN SOLUTIONS INC | PENG | 10,500,000 | $10.7M | 0.37% |
| 68 | AVIDITY BIOSCIENCES INC | 05370A108 | 143,000 | $10.3M | 0.36% |
| 69 | OAKTREE ACQUISITION CORP III | OACCW | 900,000 | $9.5M | 0.33% |
| 70 | VINE HILL CAP INVTS CORP II | G9709D125 | 950,000 | $9.5M | 0.33% |
| 71 | SUN CTRY AIRLS HLDGS INC | 866683105 | 640,000 | $9.2M | 0.32% |
| 72 | ALAMOS GOLD INC NEW | AGI | 203,300 | $7.8M | 0.27% |
| 73 | LIBERTY LIVE HOLDINGS INC | LLYVK | 72,250 | $5.9M | 0.21% |
| 74 | CHURCHILL CAP CORP X | G2130T116 | 762,500 | $5.9M | 0.20% |
| 75 | LITHIA MTRS INC | 536797103 | 15,400 | $5.1M | 0.18% |
| 76 | ITRON INC | ITRI | 5,000,000 | $5.0M | 0.18% |
| 77 | AGNICO EAGLE MINES LTD | AEM | 27,700 | $4.7M | 0.16% |
| 78 | OCCIDENTAL PETE CORP | 674599105 | 104,900 | $4.3M | 0.15% |
| 79 | CABLE ONE INC | CABO | 4,000,000 | $3.9M | 0.14% |
| 80 | EQT CORP | EQT | 71,600 | $3.8M | 0.13% |
| 81 | EXPAND ENERGY CORPORATION | EXE | 34,500 | $3.8M | 0.13% |
| 82 | GCI LIBERTY INC | GLIBK | 99,999 | $3.7M | 0.13% |
| 83 | PERCEPTIVE CAP SOLUTIONS COR | G70077105 | 282,100 | $3.7M | 0.13% |
| 84 | RANGE RES CORP | RRC | 101,300 | $3.6M | 0.12% |
| 85 | ANTERO RESOURCES CORP | AR | 101,400 | $3.5M | 0.12% |
| 86 | CANTOR EQUITY PARTNERS IV IN | G1828E100 | 300,000 | $3.1M | 0.11% |
| 87 | COTERRA ENERGY INC | CTRA | 115,400 | $3.0M | 0.11% |
| 88 | VINE HILL CAP INVT CORP. | G93Y09107 | 266,123 | $2.9M | 0.10% |
| 89 | COMSTOCK RES INC | LODE | 118,900 | $2.8M | 0.10% |
| 90 | CANTOR EQUITY PARTNERS III I | G1828A108 | 250,000 | $2.5M | 0.09% |
| 91 | BLACKLINE INC | BL | 1,500,000 | $1.6M | 0.06% |
| 92 | CHURCHILL CAPITAL CORP IX | CCIXW | 440,000 | $389,312 | 0.01% |
| 93 | ENVOY MEDICAL INC | COCHW | 75,000 | $2,918 | 0.00% |
| 94 | BENEFICIENT | BENFW | 100,000 | $1,060 | 0.00% |