13F HOLDINGS REPORT

GRITSTONE ASSET MANAGEMENT LLC

Quarter ended Q4 2025 · Filed January 23, 2026 · Accession 0001705819-26-000012

Total Value

$104.8M

Positions

148

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (148)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ARES CAPITAL CORP	ARCC	446,855	$9.0M	8.63%
2	EQV VENTURES ACQUISITION COR	G3106N109	402,722	$4.2M	4.03%
3	OAKTREE ACQUISITION CORP III	OACCW	394,908	$4.2M	3.99%
4	ALDEL FINL II INC	G01558108	394,214	$4.1M	3.95%
5	BOLD EAGLE ACQUISITION CORP	BEAGU	344,488	$3.6M	3.48%
6	CENTURION ACQUISITION CORP	ALFUW	290,988	$3.1M	2.96%
7	LIONHEART HOLDINGS	CUBWW	291,012	$3.1M	2.95%
8	VINE HILL CAP INVT CORP.	G93Y09107	196,935	$2.1M	2.02%
9	INFLECTION POINT ACQUISITION	G1169T104	196,794	$2.1M	2.01%
10	RITHM ACQUISITION CORP	RAC-WT	197,598	$2.1M	1.96%
11	HENNESSY CAP INVT CORP VII	G4405D107	197,899	$2.0M	1.95%
12	ARTIUS II ACQUISITION INC	AACBU	197,656	$2.0M	1.94%
13	NEW AMER ACQUISITION I CORP	023634207	195,000	$2.0M	1.94%
14	CHURCHILL CAPITAL CORP IX	CCIXW	186,560	$2.0M	1.89%
15	GRAF GLOBAL CORP	GRAF-WT	174,665	$1.9M	1.79%
16	CRANE HBR ACQUISITION CORP	CR	149,140	$1.6M	1.53%
17	LAUNCH TWO ACQUISITION CORP.	LPBBW	146,820	$1.5M	1.47%
18	K&F GROWTH ACQUISITION CORP	KFIIU	148,743	$1.5M	1.47%
19	TALON CAP CORP	TLNCW	150,000	$1.5M	1.45%
20	D. BORAL ARC ACQ I CORP.	G2616F101	150,000	$1.5M	1.44%
21	LEAPFROG ACQUISITION CORP	LFACW	150,000	$1.5M	1.43%
22	STELLAR V CAP CORP	SVCCW	133,770	$1.4M	1.32%
23	NEWHOLD INVT CORP III	G6486E102	123,541	$1.3M	1.22%
24	HIGHVIEW MERGER CORP	HVMCW	127,021	$1.3M	1.21%
25	ALUSSA ENERGY ACQUISITION CO	ALUB-WT	125,000	$1.3M	1.20%
26	SOLARIUS CAPITAL ACQU CORP	SOCAW	125,000	$1.3M	1.20%
27	OXLEY BRIDGE ACQ LTD	OBAWW	124,293	$1.3M	1.20%
28	BLUEROCK ACQUISITION CORP	BLRKW	125,000	$1.3M	1.19%
29	OTG ACQUISITION CORP. I	OTGAW	125,000	$1.3M	1.19%
30	LAUNCHPAD CADENZA ACQUISITIO	LPCVW	125,000	$1.2M	1.19%
31	SILICON VY ACQUISITION CORP	G81306105	125,000	$1.2M	1.19%
32	GALATA ACQUISITION CORP II	LATAW	106,256	$1.1M	1.01%
33	FACT II ACQUISITION CORP	FACTW	100,000	$1.0M	0.99%
34	ARCHIMEDES TECH SPAC PARTNER	G04537109	99,081	$1.0M	0.98%
35	RICE ACQUISITION CORP 3	KRSP-WT	100,000	$1.0M	0.98%
36	CARTESIAN GROWTH CORP III	CGCTW	98,853	$1.0M	0.97%
37	SPRING VY ACQUISITION CORP I	G8377R101	100,000	$1.0M	0.97%
38	GESHER ACQUISITION CORP. II	GSHRW	98,832	$1.0M	0.97%
39	TITAN ACQUISITION CORP	TACHW	98,764	$1.0M	0.97%
40	SIZZLE ACQUISITION CORP. II	SZZLU	98,992	$1.0M	0.96%
41	JENA ACQUISITION CORP II	JENA-UN	98,857	$1.0M	0.96%
42	DAEDALUS SPL ACQUISITION COR	G2616C124	100,000	$1.0M	0.96%
43	BERTO ACQUISITION CORP	TACOW	98,853	$1.0M	0.96%
44	TRAILBLAZER ACQUISITION CORP	BLZRW	100,000	$1.0M	0.96%
45	REPUBLIC DIGITAL ACQUISITION	RDAGW	98,850	$1.0M	0.95%
46	ACTIVATE ENERGY ACQUISITION	AEAQW	100,000	$999,500	0.95%
47	WEN ACQUISITION CORP	WENNW	98,857	$998,456	0.95%
48	EQV VENTURES AC CORP. II	G3106Q102	98,865	$991,616	0.95%
49	PERCEPTIVE CAP SOLUTIONS COR	G70077105	72,747	$947,893	0.90%
50	LIVE OAK ACQUISITION CORP V	LOKVW	86,636	$892,351	0.85%
51	TRANSLATIONAL DEV ACQUISITIO	G9008W105	83,651	$877,499	0.84%
52	SAFEGUARD ACQUISITION CORP	SAC-WT	75,000	$756,375	0.72%
53	CRANE HBR ACQUISITION CORP I	CR	75,000	$755,250	0.72%
54	GENERAL PURP ACQUISITION COR	G3810N122	75,000	$750,750	0.72%
55	VIKING ACQUISITION CORP I	VACI-WT	75,000	$742,500	0.71%
56	PIONEER ACQUISITION I CORP	PACHW	69,324	$696,706	0.66%
57	LAUNCH ONE ACQUISITION CORP	LPAAW	62,831	$665,380	0.63%
58	AMERICAN EXCEPTIONALISM ACQU	AEXA	50,000	$569,500	0.54%
59	1RT ACQUISITION CORP.	ONCHW	49,433	$504,217	0.48%
60	SILVERBOX CORP V	SBXE-WT	50,000	$503,000	0.48%
61	DYNAMIX CORP III	DNMXW	50,000	$502,500	0.48%
62	HCM III ACQUISITION CORP	HCMAW	50,000	$502,000	0.48%
63	INVEST GREEN ACQUISITION COR	IGACU	50,000	$501,500	0.48%
64	CAL REDWOOD ACQUISITION CORP	CRAQU	49,429	$501,210	0.48%
65	EGH ACQUISITION CORP.	EGHAU	49,424	$500,665	0.48%
66	OYSTER ENTERPRISES II ACQUIS	OYSEU	49,429	$499,727	0.48%
67	PYROPHYTE ACQUISITION CORP.	PAII-WT	49,598	$498,956	0.48%
68	GIGCAPITAL8 CORP	GIWWU	50,000	$494,500	0.47%
69	APEX TREAS CORP	APXTW	50,000	$494,500	0.47%
70	EVOLUTION GLOBAL ACQUISITION	EVOXW	50,000	$493,500	0.47%
71	TAILWIND 2.0 ACQUISITION COR	TDWDU	50,000	$492,500	0.47%
72	KARBON CAP PARTNERS CORP	G5225W126	40,000	$402,600	0.38%
73	BITCOIN INFRASTRUCTURE ACQUI	BIXIW	35,000	$348,600	0.33%
74	HALL CHADWICK ACQUISITION CO	HCACR	25,000	$250,500	0.24%
75	VINE HILL CAP INVT CORP.	G93Y09115	98,468	$177,242	0.17%
76	HAYMAKER ACQUISITION CORP IV	G4375F116	103,843	$160,957	0.15%
77	AGRICULTURE & NAT SOL ACQ CO	G0131Y118	484,858	$155,155	0.15%
78	INFLECTION POINT ACQUISITION	G1169T138	196,793	$144,643	0.14%
79	CHURCHILL CAPITAL CORP IX	CCIXW	157,608	$139,452	0.13%
80	BOLD EAGLE ACQUISITION CORP	BEAGU	393,893	$126,046	0.12%
81	VINE HILL CAP INVTS CORP II	G9709D125	12,500	$125,263	0.12%
82	CRANE HBR ACQUISITION CORP	CR	149,139	$119,311	0.11%
83	ALDEL FINL II INC	G01558124	197,106	$108,408	0.10%
84	LEGATO MERGER CORP III	LEGT-WT	231,590	$94,975	0.09%
85	LIVE OAK ACQUISITION CORP V	LOKVW	74,175	$73,062	0.07%
86	ARTIUS II ACQUISITION INC	AACBU	197,655	$65,226	0.06%
87	EQV VENTURES ACQUISITION COR	G3106N117	134,243	$64,450	0.06%
88	GP-ACT III ACQUISITION CORP	GPATW	217,248	$58,570	0.06%
89	OAKTREE ACQUISITION CORP III	OACCW	78,981	$56,077	0.05%
90	HENNESSY CAP INVT CORP VII	G4405D115	197,900	$55,214	0.05%
91	CENTURION ACQUISITION CORP	ALFUW	145,495	$46,558	0.04%
92	RITHM ACQUISITION CORP	RAC-WT	65,866	$45,151	0.04%
93	FLAG SHIP ACQUISITION CORP	FSHPR	182,371	$39,976	0.04%
94	GRAF GLOBAL CORP	GRAF-WT	87,337	$39,476	0.04%
95	CARTESIAN GROWTH CORP III	CGCTW	49,426	$39,047	0.04%
96	ANDRETTI ACQUISITION CORP II	POLEW	119,398	$34,458	0.03%
97	INFLECTION PT ACQUISITION CO	G47875110	88,967	$33,630	0.03%
98	RANGE CAP ACQUISITION CORP	G7375C116	73,901	$33,255	0.03%
99	TALON CAP CORP	TLNCW	50,000	$29,500	0.03%
100	REPUBLIC DIGITAL ACQUISITION	RDAGW	49,425	$28,667	0.03%
101	A SPAC III ACQUISITION CORP	G0544A145	147,714	$28,066	0.03%
102	NEWHOLD INVT CORP III	G6486E110	61,770	$27,815	0.03%
103	D. BORAL ARC ACQ I CORP.	G2616F119	75,000	$27,248	0.03%
104	ARCHIMEDES TECH SPAC PARTNER	G04537125	49,540	$27,202	0.03%
105	A PARADISE ACQUISITION CORP	G04819119	100,000	$25,000	0.02%
106	LIONHEART HOLDINGS	CUBWW	145,507	$24,736	0.02%
107	LAUNCH TWO ACQUISITION CORP.	LPBBW	73,411	$23,176	0.02%
108	GESHER ACQUISITION CORP. II	GSHRW	49,417	$22,238	0.02%
109	STELLAR V CAP CORP	SVCCW	66,886	$22,066	0.02%
110	SPRING VY ACQUISITION CORP I	G8377R119	33,333	$20,750	0.02%
111	SILVERBOX CORP IV	SBXD-WT	73,411	$20,562	0.02%
112	LAUNCH ONE ACQUISITION CORP	LPAAW	81,417	$20,354	0.02%
113	VOYAGER ACQUISITION CORP	G93A7H112	97,645	$20,017	0.02%
114	OTG ACQUISITION CORP. I	OTGAW	62,500	$20,000	0.02%
115	ALCHEMY INVTS ACQUISITN CORP	G0232F133	93,934	$19,726	0.02%
116	JENA ACQUISITION CORP II	JENA-UN	98,856	$19,346	0.02%
117	K&F GROWTH ACQUISITION CORP	KFIIU	148,744	$19,337	0.02%
118	BERTO ACQUISITION CORP	TACOW	49,427	$18,288	0.02%
119	FACT II ACQUISITION CORP	FACTW	50,000	$17,505	0.02%
120	HIGHVIEW MERGER CORP	HVMCW	63,510	$17,167	0.02%
121	SIM ACQUISITION CORP. I	SIMAW	75,542	$16,272	0.02%
122	CAL REDWOOD ACQUISITION CORP	CRAQU	49,430	$16,005	0.02%
123	TRAILBLAZER ACQUISITION CORP	BLZRW	33,333	$16,003	0.02%
124	SIZZLE ACQUISITION CORP. II	SZZLU	98,992	$15,839	0.02%
125	TITAN ACQUISITION CORP	TACHW	49,382	$15,555	0.01%
126	GIGCAPITAL8 CORP	GIWWU	50,000	$15,500	0.01%
127	WEN ACQUISITION CORP	WENNW	49,429	$15,338	0.01%
128	GALATA ACQUISITION CORP II	LATAW	35,418	$14,167	0.01%
129	OXLEY BRIDGE ACQ LTD	OBAWW	62,146	$13,678	0.01%
130	RICE ACQUISITION CORP 3	KRSP-WT	16,666	$13,333	0.01%
131	KOCHAV DEFENSE ACQUI CO	KCHVU	54,372	$13,049	0.01%
132	TRANSLATIONAL DEV ACQUISITIO	G9008W113	41,826	$12,966	0.01%
133	EGH ACQUISITION CORP.	EGHAU	49,423	$12,356	0.01%
134	PROCAP ACQUISITION CORP	PCAPW	32,953	$12,229	0.01%
135	EQV VENTURES AC CORP. II	G3106Q128	32,955	$11,534	0.01%
136	EVOLUTION GLOBAL ACQUISITION	EVOXW	25,000	$11,000	0.01%
137	VIKING ACQUISITION CORP I	VACI-WT	25,000	$10,500	0.01%
138	PYROPHYTE ACQUISITION CORP.	PAII-WT	24,799	$9,920	0.01%
139	OYSTER ENTERPRISES II ACQUIS	OYSEU	49,430	$9,886	0.01%
140	JACKSON ACQUISITION CO II	JACS-UN	39,300	$9,825	0.01%
141	SOLARIUS CAPITAL ACQU CORP	SOCAW	35,000	$9,804	0.01%
142	PIONEER ACQUISITION I CORP	PACHW	34,662	$9,012	0.01%
143	HCM III ACQUISITION CORP	HCMAW	16,666	$8,333	0.01%
144	TAILWIND 2.0 ACQUISITION COR	TDWDU	50,000	$8,200	0.01%
145	1RT ACQUISITION CORP.	ONCHW	12,358	$7,169	0.01%
146	APEX TREAS CORP	APXTW	25,000	$6,943	0.01%
147	MELAR ACQUISITION CORP. I	MACIW	44,092	$6,177	0.01%
148	PLUM ACQUISITION CORP IV	PLMKW	12,362	$3,344	0.00%