13F HOLDINGS REPORT
First Trust Capital Management L.P.
Quarter ended Q3 2025 · Filed November 17, 2025 · Accession 0001604488-25-000247
Total Value
$1.55B
Positions
123
Other Managers
1
Confidential Omitted
No
Holdings (123)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | WNS HLDGS LTD | G98196101 | 1,361,187 | $103.8M | 6.69% |
| 2 | VERONA PHARMA PLC | 925050106 | 909,123 | $97.0M | 6.26% |
| 3 | VERITEX HLDGS INC | 923451108 | 2,568,230 | $86.1M | 5.55% |
| 4 | MR COOPER GROUP INC | 62482R107 | 345,573 | $72.8M | 4.70% |
| 5 | CYBERARK SOFTWARE LTD | M2682V108 | 120,000 | $58.0M | 3.74% |
| 6 | ELECTRONIC ARTS INC | EA | 250,000 | $50.4M | 3.25% |
| 7 | ARIS WATER SOLUTIONS INC | 04041L106 | 1,844,935 | $45.5M | 2.93% |
| 8 | KELLANOVA | BEKE | 462,113 | $37.9M | 2.44% |
| 9 | AGRICULTURE & NAT SOL ACQ CO | G0131Y100 | 3,117,578 | $34.0M | 2.19% |
| 10 | TOURMALINE BIO INC | 89157D105 | 695,757 | $33.3M | 2.15% |
| 11 | AVIDXCHANGE HOLDINGS INC | 05368X102 | 3,207,646 | $31.9M | 2.06% |
| 12 | AA MISSION ACQUISITION CORP | YCY-WT | 2,984,542 | $31.4M | 2.02% |
| 13 | CENTURION ACQUISITION CORP | ALFUW | 2,745,000 | $29.0M | 1.87% |
| 14 | MERUS N V | N5749R100 | 245,354 | $23.1M | 1.49% |
| 15 | DRUGS MADE IN AMER ACQUTN CO | G2847J104 | 2,242,500 | $23.0M | 1.49% |
| 16 | GRAF GLOBAL CORP | GRAF-WT | 2,139,248 | $22.5M | 1.45% |
| 17 | LIONHEART HOLDINGS | CUBWW | 2,145,000 | $22.5M | 1.45% |
| 18 | GP-ACT III ACQUISITION CORP | GPATW | 2,091,077 | $22.2M | 1.43% |
| 19 | LAUNCH ONE ACQUISITION CORP | LPAAW | 2,070,000 | $21.7M | 1.40% |
| 20 | BLEICHROEDER ACQUISITION COR | G1169T104 | 2,089,336 | $21.7M | 1.40% |
| 21 | INTEGRAL AD SCIENCE HLDNG CO | 45828L108 | 2,088,796 | $21.2M | 1.37% |
| 22 | PROS HOLDINGS INC | 74346Y103 | 892,412 | $20.4M | 1.32% |
| 23 | LEGATO MERGER CORP III | LEGT-WT | 1,801,191 | $19.3M | 1.25% |
| 24 | SIM ACQUISITION CORP. I | SIMAW | 1,800,000 | $19.0M | 1.22% |
| 25 | DRUGS MADE IN AMER ACQ II CO | G2851K120 | 1,880,554 | $18.7M | 1.21% |
| 26 | VENDOME ACQUISITION CORP I | VNMEW | 1,850,000 | $18.4M | 1.18% |
| 27 | SAPIENS INTL CORP N V | G7T16G103 | 406,388 | $17.5M | 1.13% |
| 28 | PERFORMANT HEALTHCARE INC | 71377E105 | 2,259,250 | $17.5M | 1.13% |
| 29 | SIDDHI ACQUISITION CORP | SDHIU | 1,658,109 | $16.8M | 1.09% |
| 30 | VINE HILL CAP INVT CORP. | G93Y09107 | 1,565,314 | $16.8M | 1.08% |
| 31 | HAYMAKER ACQUISITION CORP IV | G4375F108 | 1,456,966 | $16.5M | 1.07% |
| 32 | VOYAGER ACQUISITION CORP | G93A7H104 | 1,552,947 | $16.3M | 1.05% |
| 33 | PALMER SQUARE CAPITAL BDC IN | PSBD | 1,288,338 | $15.8M | 1.02% |
| 34 | TEXAS VENTURES ACQUISITION I | G8772L105 | 1,399,005 | $15.0M | 0.97% |
| 35 | MELAR ACQUISITION CORP. I | MACIW | 1,400,000 | $14.7M | 0.95% |
| 36 | POTBELLY CORP | 73754Y100 | 857,701 | $14.6M | 0.94% |
| 37 | NABORS ENERGY TRANSITION COR | G6363K106 | 1,295,706 | $14.5M | 0.94% |
| 38 | CHIME FINL INC | 16935C109 | 656,838 | $13.2M | 0.85% |
| 39 | RITHM ACQUISITION CORP | RAC-WT | 1,201,200 | $12.3M | 0.79% |
| 40 | ZIMVIE INC | 98888T107 | 636,209 | $12.0M | 0.78% |
| 41 | ANDRETTI ACQUISITION CORP II | POLEW | 1,130,809 | $11.8M | 0.76% |
| 42 | RF ACQUISITION CORP II | RFAIU | 1,029,114 | $11.1M | 0.71% |
| 43 | BERTO ACQUISITION CORP | TACOW | 999,998 | $10.4M | 0.67% |
| 44 | MOUNTAIN LAKE ACQUISITION CO | MLACU | 1,005,000 | $10.4M | 0.67% |
| 45 | CANTOR EQUITY PARTNERS IV IN | G1828E100 | 1,000,000 | $10.2M | 0.66% |
| 46 | GSR IV ACQUISITION CORP | GSRFU | 945,923 | $9.6M | 0.62% |
| 47 | NEWHOLD INVT CORP III | G6486E102 | 930,448 | $9.5M | 0.61% |
| 48 | REAL ASSET ACQUISITION CORP | RAAQW | 908,700 | $9.2M | 0.59% |
| 49 | DIGITAL ASSET ACQUISITION CO | DAAQW | 884,398 | $9.0M | 0.58% |
| 50 | CHARLTON ARIA ACQUISITION CO | CHARU | 828,750 | $8.6M | 0.55% |
| 51 | SOULPOWER ACQUISITION CORP | SOUL-UN | 789,570 | $8.0M | 0.51% |
| 52 | RANGE CAP ACQUISITION CORP | G7375C108 | 750,000 | $7.7M | 0.50% |
| 53 | AIMEI HEALTH TECHNOLOGY CO L | AFJKU | 680,000 | $7.7M | 0.50% |
| 54 | TITAN ACQUISITION CORP | TACHW | 750,000 | $7.6M | 0.49% |
| 55 | BTC DEV CORP | BDCIW | 750,000 | $7.6M | 0.49% |
| 56 | DUNE ACQUISITION CORP II | IPODW | 699,992 | $7.1M | 0.46% |
| 57 | TRANSLATIONAL DEV ACQUISITIO | G9008W105 | 649,998 | $6.7M | 0.43% |
| 58 | PLUM ACQUISITION CORP IV | PLMKW | 650,000 | $6.7M | 0.43% |
| 59 | COLUMBUS CIRCLE CAP CORP. I | G2296A109 | 656,437 | $6.6M | 0.43% |
| 60 | AXIOM INTELLIGENCE AC CORP 1 | G0750N104 | 650,000 | $6.5M | 0.42% |
| 61 | OAK WOODS ACQUISITION CORP | 67190B104 | 526,103 | $6.4M | 0.41% |
| 62 | EQV VENTURES AC CORP. II | G3106Q102 | 627,045 | $6.2M | 0.40% |
| 63 | JACKSON ACQUISITION CO II | JACS-UN | 567,500 | $5.9M | 0.38% |
| 64 | M3BRIGADE ACQUISITION V CORP | G63212107 | 553,918 | $5.8M | 0.38% |
| 65 | GORES HLDGS X INC | G4002F109 | 543,596 | $5.6M | 0.36% |
| 66 | GIGCAPITAL7 CORP | GIGGW | 508,164 | $5.4M | 0.35% |
| 67 | ARMADA ACQUISITION CORP II | XRPNW | 500,000 | $5.2M | 0.34% |
| 68 | TAVIA ACQUISITION CORP | TAVIU | 500,000 | $5.2M | 0.33% |
| 69 | CHAMPIONSGATE ACQUISITION CO | CHPGU | 496,935 | $5.0M | 0.32% |
| 70 | PIONEER ACQUISITION I CORP | PACHW | 500,000 | $5.0M | 0.32% |
| 71 | GESHER ACQUISITION CORP. II | GSHRW | 482,440 | $4.9M | 0.32% |
| 72 | ROMAN DBDR ACQUISITION CORP | DRDBW | 464,955 | $4.8M | 0.31% |
| 73 | GLOBA TERRA ACQUISITION COR | GTERW | 473,583 | $4.7M | 0.30% |
| 74 | SILVERBOX CORP IV | SBXD-WT | 445,168 | $4.7M | 0.30% |
| 75 | PROCAP ACQUISITION CORP | PCAPW | 451,695 | $4.6M | 0.30% |
| 76 | FIFTH ERA ACQUISITION CORP I | FERAU | 450,000 | $4.6M | 0.30% |
| 77 | CRANE HBR ACQUISITION CORP | CR | 450,000 | $4.6M | 0.29% |
| 78 | FUTURECREST ACQUISITION CORP | FCRS-WT | 400,000 | $4.2M | 0.27% |
| 79 | SIZZLE ACQUISITION CORP. II | SZZLU | 405,813 | $4.1M | 0.26% |
| 80 | M3-BRIGADE ACQUISITION VI CO | MBVIW | 400,000 | $4.0M | 0.26% |
| 81 | CAL REDWOOD ACQUISITION CORP | CRAQU | 400,000 | $4.0M | 0.26% |
| 82 | CSLM DIGITA ASSET ACQ CORP I | CMXHF | 400,000 | $4.0M | 0.26% |
| 83 | ARTIUS II ACQUISITION INC | AACBU | 380,000 | $3.9M | 0.25% |
| 84 | RENATUS TACTICAL ACQUIS | RTACW | 346,662 | $3.8M | 0.24% |
| 85 | HORIZON SPACE ACQUSTN I CORP | G4619M109 | 300,000 | $3.7M | 0.24% |
| 86 | REPUBLIC DIGITAL ACQUISITION | RDAGW | 359,998 | $3.7M | 0.24% |
| 87 | SPRING VY ACQUISITION CORP I | G8377R101 | 343,194 | $3.5M | 0.22% |
| 88 | 1RT ACQUISITION CORP. | ONCHW | 299,996 | $3.1M | 0.20% |
| 89 | YORKVILLE ACQUISITION CORP. | MCGAW | 262,030 | $2.8M | 0.18% |
| 90 | WEN ACQUISITION CORP | WENNW | 260,158 | $2.6M | 0.17% |
| 91 | HIGHVIEW MERGER CORP | HVMCW | 250,000 | $2.5M | 0.16% |
| 92 | FIGX CAP ACQUISITION CORP. | G3473K100 | 250,000 | $2.5M | 0.16% |
| 93 | BLUE WTR ACQUISITION CORP. I | G1368E106 | 249,998 | $2.5M | 0.16% |
| 94 | PYROPHYTE ACQUISITION CORP. | PAII-WT | 250,000 | $2.5M | 0.16% |
| 95 | EMBRACE CHANGE ACQUISITN COR | G3034H109 | 200,000 | $2.4M | 0.16% |
| 96 | CHURCHILL CAP CORP X | G2130T108 | 178,996 | $2.3M | 0.15% |
| 97 | JENA ACQUISITION CORP II | JENA-UN | 221,610 | $2.2M | 0.15% |
| 98 | BLUE ACQUISITION CORP. | BACCU | 212,216 | $2.1M | 0.14% |
| 99 | CANTOR EQUITY PARTNERS II IN | G1827P106 | 200,000 | $2.1M | 0.14% |
| 100 | TRAILBLAZER ACQUISITION CORP | BLZRW | 200,000 | $2.0M | 0.13% |
| 101 | COHEN CIRCLE ACQUISIT CORP I | COHN | 200,000 | $2.0M | 0.13% |
| 102 | DYNAMIX CORP | ETHMW | 185,602 | $1.9M | 0.12% |
| 103 | OYSTER ENTERPRISES II ACQUIS | OYSEU | 150,000 | $1.5M | 0.10% |
| 104 | BAYVIEW ACQUISITION CORP | BAYAU | 128,340 | $1.5M | 0.10% |
| 105 | AVIDXCHANGE HOLDINGS INC | 05368X102 | 136,272 | $1.4M | 0.09% |
| 106 | KEEN VISION ACQUISITION CORP | KVACW | 105,511 | $1.2M | 0.08% |
| 107 | INFORMATICA INC | 45674M101 | 48,544 | $1.2M | 0.08% |
| 108 | GUESS INC | 401617105 | 68,808 | $1.1M | 0.07% |
| 109 | KELLANOVA | BEKE | 13,200 | $1.1M | 0.07% |
| 110 | K&F GROWTH ACQUISITION CORP | KFIIU | 102,342 | $1.0M | 0.07% |
| 111 | CANTOR EQUITY PARTNERS III I | G1828A108 | 100,000 | $1.0M | 0.07% |
| 112 | SOLARIUS CAPITAL ACQU CORP | SOCAW | 100,000 | $996,000 | 0.06% |
| 113 | FRONTIER COMMUNICATIONS PARE | 35909D109 | 24,115 | $900,695 | 0.06% |
| 114 | CAYSON ACQUISITION CORP | CAPNU | 75,000 | $785,250 | 0.05% |
| 115 | NEWBURY STR II ACQUISITION C | G6439S109 | 67,600 | $700,336 | 0.05% |
| 116 | SURMODICS INC | 868873100 | 19,335 | $577,923 | 0.04% |
| 117 | AMERICAN EXCEPTIONALISM ACQU | AEXA | 50,000 | $546,500 | 0.04% |
| 118 | PROASSURANCE CORP | PRA | 21,287 | $510,675 | 0.03% |
| 119 | VERINT SYS INC | 92343X100 | 12,900 | $261,225 | 0.02% |
| 120 | WESTERN MIDSTREAM PARTNERS L | WES | 5,707 | $224,228 | 0.01% |
| 121 | ENTERPRISE PRODS PARTNERS L | 293792107 | 6,726 | $210,322 | 0.01% |
| 122 | ENERGY TRANSFER L P | ET-PI | 12,027 | $206,383 | 0.01% |
| 123 | PLAINS ALL AMERN PIPELINE L | 726503105 | 12,027 | $205,181 | 0.01% |