METEORA CAPITAL, LLC
Long book
$1.36B
Q1 2026
Positions
384
Top-10 weight
21%
concentration
Last quarter
+2.4%
SPY +14.8%
Turnover
51%
of book per quarter
Strategy in plain words
auto-generated from filingsMETEORA CAPITAL, LLC is a quantitative fund whose holdings reflect models, not opinions, specialised in financials (89% of the long book), running a $1.36B US long book across 384 positions.
The portfolio is broadly diversified across 384 positions (top 10 only 21%). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: M3-BRIGADE ACQUISITION V-A, CANTOR EQUITY PARTNERS I-A, REPUBLIC DIGITAL ACQUIS-CL A, CANTOR EQUITY PARTNERS III-A, CRANE HARBOR ACQUISITIO-CL A.
Over the last 9 quarters its long book ran on average 6.5pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-15.1%
Q2 2024
-2.4%
Q3 2024
+4.7%
Q4 2024
-9.8%
Q1 2025
+3.5%
Q2 2025
+1.1%
Q3 2025
-2.1%
Q4 2025
-0.2%
Q1 2026
+2.4%
Sector allocation
Financials 79%
Other 11%
Technology 6%
Communications 2%
Industrials 1%
Services media 0%
Utilities 0%
Healthcare 0%
Long book by quarter
What does METEORA CAPITAL, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MBAV M3-BRIGADE ACQUISITION V-A | Financials | 3.9M | $41.8M | 3.1% | 0.0% |
| CEPO CANTOR EQUITY PARTNERS I-A | Financials | 2.9M | $31.0M | 2.3% | Held |
| RDAG REPUBLIC DIGITAL ACQUIS-CL A | Financials | 3.0M | $30.4M | 2.2% | -0.1% |
| CAEP CANTOR EQUITY PARTNERS III-A | — | 2.7M | $28.2M | 2.1% | -1.8% |
| CRAN CRANE HARBOR ACQUISITIO-CL A | Financials | 2.8M | $28.1M | 2.1% | New |
| KRAQ KRAKACQUISITION CORP-CL A | Financials | 2.8M | $27.7M | 2.0% | New |
| GTEN GORES HOLDINGS X INC-CL A | Financials | 2.6M | $26.8M | 2.0% | +4.9% |
| APXT APEX TREASURY CORP-CL A | Financials | 2.7M | $26.7M | 2.0% | -1.8% |
| DYNC DYNAMIX CORP | Financials | 2.5M | $25.7M | 1.9% | -0.8% |
| IVCBF INVESTCORP EUROPE ACQUISI-A | — | 2.0M | $24.2M | 1.8% | Held |
| XRPN ARMADA ACQUISITION -CLASS A | Financials | 2.3M | $23.5M | 1.7% | -23.3% |
| CRAQ CAL REDWOOD ACQUISIT-CL A | Financials | 2.3M | $23.0M | 1.7% | -0.4% |
| BLZR TRAILBLAZER ACQUISITION-CL A | Financials | 2.1M | $21.4M | 1.6% | -4.2% |
| PCAP PROCAP ACQUISITION CORP - A | Financials | 2.1M | $21.4M | 1.6% | -5.4% |
| DBCA D. BORAL ACQUISITION I-CL A | Financials | 2.1M | $21.0M | 1.5% | New |
| HCMA HCM III ACQUISITION COR-CL A | Financials | 2.1M | $20.9M | 1.5% | +43.1% |
| K4F ONESTREAM INC | — | 861.8K | $20.7M | 1.5% | New |
| HCAC HALL CHADWICK ACQUISITION-A | Financials | 2.0M | $20.3M | 1.5% | New |
| XCBE X3 ACQUISITION CORP LTD-CL A | Financials | 2.0M | $19.7M | 1.5% | New |
| CCII COHEN CIRCLE ACQUISIT II - A | Financials | 1.9M | $19.3M | 1.4% | -10.8% |
| DNMX DYNAMIX CORP III-CL A | Financials | 1.9M | $18.5M | 1.4% | -4.2% |
| EA ELECTRONIC ARTS INC | Technology | 89.2K | $18.2M | 1.3% | New |
| ONCH 1RT ACQUISITION CORP-A | Financials | 1.7M | $17.3M | 1.3% | +10.8% |
| FAC FACTORIAL ENERGY INC | Technology | 1.5M | $15.3M | 1.1% | +239.3% |
| LPBB LAUNCH TWO ACQUISITION- CL A | Financials | 1.4M | $14.9M | 1.1% | -12.3% |
| BCAR D. BORAL ARC ACQUISIT - CL A | Technology | 1.4M | $14.3M | 1.1% | -26.8% |
| EVAC EQV VENTURES ACQUISITION C-A | Financials | 1.4M | $14.2M | 1.0% | +55.0% |
| OTGA OTG ACQUISITION CORP I-CL A | Financials | 1.3M | $13.4M | 1.0% | Held |
| JACS JACKSON ACQUISITION CO-CL A | Financials | 1.2M | $12.9M | 1.0% | +58.3% |
| HO1 HOLOGIC INC | — | 169.2K | $12.8M | 0.9% | +26.1% |
| MBVI M3-BRIGADE ACQUISITION-CL A | Financials | 1.3M | $12.6M | 0.9% | +91.8% |
| WENN WEN ACQUISITION CORP-A | Financials | 1.2M | $12.5M | 0.9% | -0.5% |
| NWAX NEW AMERICA ACQUISITION-CL A | Financials | 1.2M | $12.4M | 0.9% | New |
| PLMK PLUM ACQUISITION CORP IV | Financials | 1.2M | $12.2M | 0.9% | +1051.2% |
| OYSE OYSTER ENTERPRISES II ACQ-A | Financials | 1.2M | $12.1M | 0.9% | -0.9% |
| APLSUSD APELLIS PHARMACEUTICALS INC | — | 300.0K | $12.1M | 0.9% | New |
| CEPF CANTOR EQUITY PARTNERS-CL A | Financials | 1.2M | $11.8M | 0.9% | -45.5% |
| SDHI SIDDHI ACQUISITION CORP-A | Financials | 1.1M | $11.7M | 0.9% | -0.1% |
| TVAI THAYER VENTURES ACQUIS CL A | Financials | 1.1M | $11.3M | 0.8% | -4.8% |
| DBRG DIGITALBRIDGE GROUP INC | Financials | 731.2K | $11.3M | 0.8% | +598.4% |
| BCSS BAIN CAPITAL GSS INV- A | Financials | 1.1M | $11.1M | 0.8% | -1.0% |
| CEPV CANTOR EQUITY PARTNERS-CL A | Financials | 1.1M | $10.9M | 0.8% | -1.4% |
| JENA JENA ACQUISITION CORP II - A | Financials | 1.0M | $10.6M | 0.8% | +92.8% |
| ARTC ART TECHNOLOGY ACQUISIT-CL A | Financials | 1.1M | $10.3M | 0.8% | New |
| AUR Aurora Innovation Inc | Technology | 10.5M | $10.2M | 0.8% | -53.3% |
| MEVO M EVO GLOBAL ACQUISITIO-CL A | Financials | 1.0M | $10.0M | 0.7% | New |
| DRDB ROMAN DBDR ACQUISITION CORP | Financials | 952.3K | $10.0M | 0.7% | -52.0% |
| CCIX CHURCHILL CAPITAL CORP IX | Technology | 924.2K | $9.9M | 0.7% | -2.7% |
| GSRF GSR IV ACQUISITION CORP-CL A | Financials | 981.9K | $9.8M | 0.7% | -2.6% |
| VACI VIKING ACQUISITION CORP - A | Communications | 924.0K | $9.2M | 0.7% | +101.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 384 | $1.36B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 421 | $1.20B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 17, 2025 | 321 | $944.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 0 | $0 | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 152 | $310.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 153 | $302.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 208 | $360.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 256 | $546.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 276 | $587.9M | canonical | SEC ↗ |