13F HOLDINGS REPORT

GRITSTONE ASSET MANAGEMENT LLC

Quarter ended Q2 2025 · Filed July 25, 2025 · Accession 0001705819-25-000051

Total Value

$101.1M

Positions

120

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (120)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ARES CAPITAL CORP	ARCC	446,655	$9.8M	9.71%
2	CHURCHILL CAPITAL CORP IX	CCIXW	541,593	$5.7M	5.64%
3	M3BRIGADE ACQUISITION V CORP	G63212107	406,203	$4.6M	4.54%
4	EQV VENTURES ACQUISITION COR	G3106N109	407,543	$4.3M	4.24%
5	ALDEL FINL II INC	G01558108	399,094	$4.2M	4.14%
6	OAKTREE ACQUISITION CORP III	OACCW	398,634	$4.2M	4.12%
7	BOLD EAGLE ACQUISITION CORP	BEAGU	348,662	$3.7M	3.61%
8	CENTURION ACQUISITION CORP	ALFUW	294,600	$3.1M	3.07%
9	LIONHEART HOLDINGS	CUBWW	294,609	$3.1M	3.06%
10	DYNAMIX CORP	ETHMW	250,000	$2.5M	2.52%
11	ANDRETTI ACQUISITION CORP II	POLEW	241,691	$2.5M	2.48%
12	SILVERBOX CORP IV	SBXD-WT	222,151	$2.4M	2.41%
13	VINE HILL CAP INVT CORP.	G93Y09107	199,329	$2.1M	2.05%
14	BLEICHROEDER ACQUISITION COR	G1169T104	199,299	$2.1M	2.03%
15	WILLOW LANE ACQUISITION CORP	WLACW	199,327	$2.0M	2.02%
16	RITHM ACQUISITION CORP	RAC-WT	200,000	$2.0M	2.02%
17	HENNESSY CAP INVT CORP VII	G4405D107	200,000	$2.0M	2.01%
18	ARTIUS II ACQUISITION INC	AACBU	200,000	$2.0M	2.00%
19	HCM II ACQUISITION CORP	G43658106	173,847	$1.9M	1.91%
20	GRAF GLOBAL CORP	GRAF-WT	179,603	$1.9M	1.86%
21	MOUNTAIN LAKE ACQUISITION CO	MLACU	169,310	$1.7M	1.72%
22	LAUNCH ONE ACQUISITION CORP	LPAAW	164,820	$1.7M	1.70%
23	LAUNCH TWO ACQUISITION CORP.	LPBBW	149,304	$1.6M	1.54%
24	K&F GROWTH ACQUISITION CORP	KFIIU	150,000	$1.5M	1.51%
25	CRANE HBR ACQUISITION CORP	CR	150,000	$1.5M	1.49%
26	STELLAR V CAP CORP	SVCCW	135,000	$1.4M	1.37%
27	NEWHOLD INVT CORP III	G6486E102	125,000	$1.3M	1.26%
28	PROCAP ACQUISITION CORP	PCAPW	100,000	$1.1M	1.06%
29	WEN ACQUISITION CORP	WENNW	100,000	$1.1M	1.05%
30	BERTO ACQUISITION CORP	TACOW	100,000	$1.0M	1.03%
31	FACT II ACQUISITION CORP	FACTW	100,000	$1.0M	1.02%
32	JENA ACQUISITION CORP II	JENA-UN	100,000	$1.0M	1.02%
33	REPUBLIC DIGITAL ACQUISITION	RDAGW	100,000	$1.0M	1.02%
34	ARCHIMEDES TECH SPAC PARTNER	G04537109	100,000	$1.0M	1.01%
35	GESHER ACQUISITION CORP. II	GSHRW	100,000	$1.0M	1.00%
36	TITAN ACQUISITION CORP	TACHW	100,000	$1.0M	1.00%
37	SIZZLE ACQUISITION CORP. II	SZZLU	100,000	$1.0M	0.99%
38	CARTESIAN GROWTH CORP III	CGCTW	100,000	$1.0M	0.99%
39	LIVE OAK ACQUISITION CORP V	LOKVW	87,600	$937,320	0.93%
40	INFLECTION PT ACQUISITION CO	G47875102	90,000	$917,100	0.91%
41	TRANSLATIONAL DEV ACQUISITIO	G9008W105	84,516	$867,979	0.86%
42	PERCEPTIVE CAP SOLUTIONS COR	G70077105	73,650	$782,163	0.77%
43	OXLEY BRIDGE ACQ LTD	OBAWW	75,000	$750,750	0.74%
44	PIONEER ACQUISITION I CORP	PACHW	70,000	$700,350	0.69%
45	YORKVILLE ACQUISITION CORP.	MCGAW	50,000	$562,500	0.56%
46	KOCHAV DEFENSE ACQUI CO	KCHVU	55,000	$559,625	0.55%
47	ARES ACQUISITION CORP II	G33033120	487,740	$536,514	0.53%
48	COLUMBUS CIRCLE CAP CORP. I	G2296A109	50,000	$531,000	0.53%
49	CHURCHILL CAP CORP X	G2130T124	50,000	$515,035	0.51%
50	EGH ACQUISITION CORP.	EGHAU	50,000	$509,500	0.50%
51	OYSTER ENTERPRISES II ACQUIS	OYSEU	50,000	$506,000	0.50%
52	CAL REDWOOD ACQUISITION CORP	CRAQU	50,000	$498,500	0.49%
53	M3BRIGADE ACQUISITION V CORP	G63212115	203,102	$355,429	0.35%
54	GSR III ACQUISITION CORP	G4R103107	28,031	$302,454	0.30%
55	HCM II ACQUISITION CORP	G43658122	111,926	$263,026	0.26%
56	GSR III ACQUISITION CORP	G4R103131	28,475	$194,487	0.19%
57	ISRAEL ACQUISITIONS CORP	ISLWF	694,243	$154,469	0.15%
58	CHURCHILL CAPITAL CORP IX	CCIXW	159,574	$151,611	0.15%
59	BOLD EAGLE ACQUISITION CORP	BEAGU	398,664	$125,180	0.12%
60	ALDEL FINL II INC	G01558124	199,547	$103,764	0.10%
61	EQV VENTURES ACQUISITION COR	G3106N117	135,849	$99,713	0.10%
62	NAMIB MINERALS	NAMMW	464,500	$90,578	0.09%
63	SILVERBOX CORP IV	SBXD-WT	74,051	$88,854	0.09%
64	BLUE GOLD LTD	BGLWW	455,000	$86,450	0.09%
65	NABORS ENERGY TRANSITION COR	G6363K114	171,534	$82,525	0.08%
66	AGRICULTURE & NAT SOL ACQ CO	G0131Y118	489,970	$73,496	0.07%
67	OAKTREE ACQUISITION CORP III	OACCW	79,726	$69,760	0.07%
68	BLEICHROEDER ACQUISITION COR	G1169T138	199,298	$69,754	0.07%
69	GP-ACT III ACQUISITION CORP	GPATW	219,958	$68,187	0.07%
70	HENNESSY CAP INVT CORP VII	G4405D115	200,000	$66,000	0.07%
71	LEGATO MERGER CORP III	LEGT-WT	233,975	$63,173	0.06%
72	IRON HORSE ACQUISITIONS CORP	462837121	112,696	$56,168	0.06%
73	LIVE OAK ACQUISITION CORP V	LOKVW	74,999	$52,499	0.05%
74	LIONHEART HOLDINGS	CUBWW	147,305	$50,098	0.05%
75	DYNAMIX CORP	ETHMW	125,000	$48,713	0.05%
76	ARTIUS II ACQUISITION INC	AACBU	200,000	$48,000	0.05%
77	CENTURION ACQUISITION CORP	ALFUW	147,300	$44,190	0.04%
78	COLUMBUS CIRCLE CAP CORP. I	G2296A117	24,999	$41,498	0.04%
79	CRANE HBR ACQUISITION CORP	CR	150,000	$40,500	0.04%
80	BERTO ACQUISITION CORP	TACOW	50,000	$39,775	0.04%
81	HAYMAKER ACQUISITION CORP IV	G4375F116	104,913	$37,769	0.04%
82	BAYVIEW ACQUISITION CORP	BAYAU	128,179	$37,172	0.04%
83	REPUBLIC DIGITAL ACQUISITION	RDAGW	50,000	$36,000	0.04%
84	WILLOW LANE ACQUISITION CORP	WLACW	99,663	$35,879	0.04%
85	INFLECTION PT ACQUISITION CO	G47875110	90,000	$35,820	0.04%
86	LAUNCH TWO ACQUISITION CORP.	LPBBW	74,652	$34,497	0.03%
87	RITHM ACQUISITION CORP	RAC-WT	66,666	$32,660	0.03%
88	GIGCAPITAL7 CORP	GIGGW	199,199	$29,880	0.03%
89	VOYAGER ACQUISITION CORP	G93A7H112	98,710	$29,603	0.03%
90	MOUNTAIN LAKE ACQUISITION CO	MLACU	169,310	$28,783	0.03%
91	GRAF GLOBAL CORP	GRAF-WT	89,806	$26,062	0.03%
92	A SPAC III ACQUISITION CORP	G0544A145	149,497	$25,414	0.03%
93	ANDRETTI ACQUISITION CORP II	POLEW	120,847	$24,169	0.02%
94	VINE HILL CAP INVT CORP.	G93Y09115	99,665	$24,099	0.02%
95	FLAG SHIP ACQUISITION CORP	FSHPR	184,625	$23,983	0.02%
96	K&F GROWTH ACQUISITION CORP	KFIIU	150,000	$23,955	0.02%
97	AIMEI HEALTH TECHNOLOGY CO L	AFJKU	99,500	$23,880	0.02%
98	LAUNCH ONE ACQUISITION CORP	LPAAW	82,411	$22,251	0.02%
99	SIM ACQUISITION CORP. I	SIMAW	76,468	$20,929	0.02%
100	NEWHOLD INVT CORP III	G6486E110	62,500	$20,369	0.02%
101	ARCHIMEDES TECH SPAC PARTNER	G04537125	50,000	$20,300	0.02%
102	SIZZLE ACQUISITION CORP. II	SZZLU	100,000	$20,000	0.02%
103	SPARK I ACQUISITION CORP	SPKLW	98,050	$19,081	0.02%
104	RANGE CAP ACQUISITION CORP	G7375C116	74,715	$18,679	0.02%
105	TITAN ACQUISITION CORP	TACHW	49,999	$18,500	0.02%
106	STELLAR V CAP CORP	SVCCW	67,500	$18,225	0.02%
107	FACT II ACQUISITION CORP	FACTW	50,000	$15,000	0.01%
108	GESHER ACQUISITION CORP. II	GSHRW	50,000	$14,060	0.01%
109	MELAR ACQUISITION CORP. I	MACIW	45,578	$13,673	0.01%
110	CARTESIAN GROWTH CORP III	CGCTW	50,000	$13,505	0.01%
111	CAL REDWOOD ACQUISITION CORP	CRAQU	50,000	$13,500	0.01%
112	JACKSON ACQUISITION CO II	JACS-UN	39,846	$11,157	0.01%
113	ALCHEMY INVTS ACQUISITN CORP	G0232F133	95,619	$10,795	0.01%
114	TRANSLATIONAL DEV ACQUISITIO	G9008W113	42,258	$10,581	0.01%
115	DT CLOUD ACQUISITION CORP	G28524133	49,466	$8,409	0.01%
116	ESH ACQUISITION CORP	ESHAR	98,032	$7,205	0.01%
117	IRON HORSE ACQUISITIONS CORP	UCFIW	112,697	$6,762	0.01%
118	PLUM ACQUISITION CORP IV	PLMKW	12,500	$3,000	0.00%
119	KEEN VISION ACQUISITION CORP	KVACW	49,027	$2,647	0.00%
120	RF ACQUISITION CORP II	RFAIU	23,510	$1,552	0.00%