Institutional Manager · CIK 0001604488
First Trust Capital Management L.P.
Chicago, IL · File #028-17430
Latest AUM
$1.65B
Positions
174
Top-10 Concentration
43.9%
Filings
11
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | WNS HLDGS LTD | G98196101 | -1,361,187 | -$103.8M | $0 |
| EXITED | VERONA PHARMA PLC | 925050106 | -909,123 | -$97.0M | $0 |
| EXITED | VERITEX HLDGS INC | 923451108 | -2,568,230 | -$86.1M | $0 |
| EXITED | MR COOPER GROUP INC | 62482R107 | -345,573 | -$72.8M | $0 |
| NEW | COMERICA INC | 200340107 | +756,333 | +$65.7M | $0 |
| REDUCE | ELECTRONIC ARTS INC | EA | -241,945 | -$49.4M | +$657,495 |
| EXITED | ARIS WATER SOLUTIONS INC | 04041L106 | -1,844,935 | -$45.5M | $0 |
| NEW | CIDARA THERAPEUTICS INC | 171757206 | +205,233 | +$45.3M | $0 |
| NEW | SYNOVUS FINL CORP | 87161C501 | +838,645 | +$42.0M | $0 |
| NEW | CLEARWATER ANALYTICS HLDGS I | CWAN | +1,479,650 | +$35.7M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025174 pos · $1.65B
- 13F HOLDINGS REPORTQ/E Sep 2025123 pos · $1.55B
- 13F HOLDINGS REPORTQ/E Jun 2025133 pos · $1.48B
- 13F HOLDINGS REPORT (Amended)Q/E Jun 2025111 pos · $1.38B
- 13F HOLDINGS REPORT (Amended)Q/E Jun 2025102 pos · $1.31B
- 13F HOLDINGS REPORTQ/E Mar 2025111 pos · $1.38B
- 13F HOLDINGS REPORTQ/E Dec 2024102 pos · $1.31B
- 13F HOLDINGS REPORTQ/E Sep 2024134 pos · $1.50B
- 13F HOLDINGS REPORTQ/E Jun 2024119 pos · $1.10B
- 13F HOLDINGS REPORTQ/E Mar 2024121 pos · $1.18B
- 13F HOLDINGS REPORTQ/E Dec 2023156 pos · $1.81B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | CADENCE BANK | 12740C103 | 2,087,842 | $89.4M | 7.29% |
| 2 | CYBERARK SOFTWARE LTD | M2682V108 | 164,574 | $73.4M | 5.98% |
| 3 | COMERICA INC | 200340107 | 756,333 | $65.7M | 5.36% |
| 4 | DAYFORCE INC | 15677J108 | 943,238 | $65.2M | 5.32% |
| 5 | ALEXANDER & BALDWIN INC NEW | 014491104 | 2,373,606 | $49.0M | 3.99% |
| 6 | CIDARA THERAPEUTICS INC | 171757206 | 205,233 | $45.3M | 3.69% |
| 7 | SYNOVUS FINL CORP | 87161C501 | 838,645 | $42.0M | 3.42% |
| 8 | HILLENBRAND INC | 431571108 | 1,297,400 | $41.2M | 3.35% |
| 9 | CLEARWATER ANALYTICS HLDGS I | CWAN | 1,479,650 | $35.7M | 2.91% |
| 10 | AA MISSION ACQUISITION CORP | YCY-WT | 2,984,992 | $31.8M | 2.60% |
| 11 | AGRICULTURE & NAT SOL ACQ CO | G0131Y100 | 2,768,028 | $31.0M | 2.52% |
| 12 | CENTURION ACQUISITION CORP | ALFUW | 2,745,000 | $29.2M | 2.38% |
| 13 | EXACT SCIENCES CORP | 30063P105 | 264,138 | $26.8M | 2.19% |
| 14 | SEALED AIR CORP NEW | SE | 632,818 | $26.2M | 2.14% |
| 15 | DRUGS MADE IN AMER ACQUTN CO | G2847J104 | 2,242,500 | $23.3M | 1.90% |
| 16 | GRAF GLOBAL CORP | GRAF-WT | 2,139,248 | $23.0M | 1.88% |
| 17 | LIONHEART HOLDINGS | CUBWW | 2,145,000 | $22.8M | 1.86% |
| 18 | GP-ACT III ACQUISITION CORP | GPATW | 2,091,077 | $22.4M | 1.82% |
| 19 | LAUNCH ONE ACQUISITION CORP | LPAAW | 2,070,000 | $21.9M | 1.79% |
| 20 | HOLOGIC INC | HOLX | 292,609 | $21.8M | 1.78% |