# Empyrean Capital Partners, LP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1317195. Source: https://holderbook.com/funds/1317195-empyrean-capital-partners-lp/

- Reported value: $3.0B
- Positions: 122
- Weight of the ten largest: 33.3%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VIASAT INC | [VSAT](https://holderbook.com/stocks/VSAT/) | $174.4M | 1,942,000 | 5.8% | 4 |
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $131.2M | 900,000 | 4.3% | 23 |
| BRITISH AMERN TOB PLC | [BTI](https://holderbook.com/stocks/BTI/) | $118.9M | 1,925,000 | 3.9% | 5 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $101.1M | 395,600 | 3.3% | 6 |
| ENOVA INTL INC | [ENVA](https://holderbook.com/stocks/ENVA/) | $94.1M | 391,000 | 3.1% | 21 |
| ACADIAN ASSET MANAGEMENT INC | [AAMI](https://holderbook.com/stocks/AAMI/) | $93.5M | 1,308,000 | 3.1% | 18 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $88.0M | 279,800 | 2.9% | 4 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $76.8M | 282,200 | 2.5% | 4 |
| NEWMARK GROUP INC | [NMRK](https://holderbook.com/stocks/NMRK/) | $65.9M | 4,360,150 | 2.2% | 26 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $65.3M | 0 | 2.2% | 2 |
| BLACKSTONE DIGITAL INFRASTRU | - | $64.6M | 2,985,000 | 2.1% | 1 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $63.9M | 540,000 | 2.1% | 2 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $60.2M | 300,000 | 2.0% | 5 |
| CHURCHILL CAP CORP XI | [CCXI](https://holderbook.com/stocks/CCXI/) | $55.0M | 3,150,000 | 1.8% | 1 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $54.1M | 0 | 1.8% | 1 |
| SOMNIGROUP INTERNATIONAL INC | [SGI](https://holderbook.com/stocks/SGI/) | $49.5M | 632,000 | 1.6% | 1 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $47.5M | 1,783,087 | 1.6% | 3 |
| TXNM ENERGY INC | [TXNM](https://holderbook.com/stocks/TXNM/) | $46.1M | 812,554 | 1.5% | 11 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $45.3M | 583,688 | 1.5% | 9 |
| ROKU INC | [ROKU](https://holderbook.com/stocks/ROKU/) | $44.2M | 320,000 | 1.5% | 1 |
| BRISTOW GROUP INC | [VTOL](https://holderbook.com/stocks/VTOL/) | $44.1M | 1,067,500 | 1.5% | 25 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $43.8M | 184,200 | 1.4% | 6 |
| BAIN CAP GSS INVT CORP | [BCSS](https://holderbook.com/stocks/BCSS/) | $41.0M | 3,990,000 | 1.4% | 2 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $39.6M | 105,500 | 1.3% | 2 |
| ASHLAND INC | [ASH](https://holderbook.com/stocks/ASH/) | $35.7M | 542,000 | 1.2% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $33.1M | 0 | 1.1% | 1 |
| KENVUE INC | [KVUE](https://holderbook.com/stocks/KVUE/) | $33.1M | 1,732,000 | 1.1% | 3 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $32.8M | 0 | 1.1% | 1 |
| ELECTRONIC ARTS INC | [EA](https://holderbook.com/stocks/EA/) | $31.2M | 152,000 | 1.0% | 2 |
| NELNET INC | [NNI](https://holderbook.com/stocks/NNI/) | $30.8M | 231,000 | 1.0% | 4 |
| LIBERTY BROADBAND CORP | [LBRDK](https://holderbook.com/stocks/LBRDK/) | $30.6M | 920,781 | 1.0% | 7 |
| ANI PHARMACEUTICALS INC | - | $29.7M | 23,000,000 | 1.0% | 4 |
| CHURCHILL CAP CORP XII | - | $29.2M | 2,700,000 | 1.0% | 1 |
| QORVO INC | [QRVO](https://holderbook.com/stocks/QRVO/) | $28.8M | 309,000 | 1.0% | 3 |
| CHURCHILL CAPITAL CORP IX | [CCIX](https://holderbook.com/stocks/CCIX/) | $28.7M | 2,633,582 | 0.9% | 7 |
| PAGERDUTY INC | - | $28.0M | 29,850,000 | 0.9% | 7 |
| ATLAS ENERGY SOLUTIONS INC | [AESI](https://holderbook.com/stocks/AESI/) | $26.9M | 1,618,000 | 0.9% | 1 |
| PENUMBRA INC | [PEN](https://holderbook.com/stocks/PEN/) | $26.8M | 85,000 | 0.9% | 2 |
| KARBON CAP PARTNERS CORP | [KBON](https://holderbook.com/stocks/KBON/) | $26.6M | 2,632,752 | 0.9% | 2 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $25.3M | 149,600 | 0.8% | 5 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $25.2M | 181,298 | 0.8% | 4 |
| FORTRESS VALUE ACQU CORP V | [FVAV](https://holderbook.com/stocks/FVAV/) | $25.0M | 2,475,000 | 0.8% | 2 |
| AMPHASTAR PHARMACEUTICALS IN | - | $22.0M | 24,265,000 | 0.7% | 7 |
| TERAWULF INC | [WULF](https://holderbook.com/stocks/WULF/) | $21.8M | 882,000 | 0.7% | 1 |
| UNIFIRST CORP MASS | [UNF](https://holderbook.com/stocks/UNF/) | $21.4M | 81,000 | 0.7% | 2 |
| GENERAL CATALYST GBL RESIL M | - | $20.6M | 2,000,000 | 0.7% | 1 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $20.5M | 187,200 | 0.7% | 3 |
| SIRIUSXM HOLDINGS INC | [SIRI](https://holderbook.com/stocks/SIRI/) | $20.5M | 692,775 | 0.7% | 8 |
| DOORDASH INC | - | $20.3M | 20,500,000 | 0.7% | 1 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $20.2M | 550,000 | 0.7% | 3 |
| METALS ACQUISITION CORP II | [MTAL-WT](https://holderbook.com/stocks/MTAL-WT/) | $20.1M | 1,980,000 | 0.7% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $19.9M | 90,001 | 0.7% | 1 |
| CHEESECAKE FACTORY INC | - | $19.7M | 15,500,000 | 0.7% | 2 |
| ARDAGH METAL PACKAGING S A | [AMBP](https://holderbook.com/stocks/AMBP/) | $19.0M | 4,000,000 | 0.6% | 20 |
| ALLEGIANT TRAVEL CO | [ALGT](https://holderbook.com/stocks/ALGT/) | $18.9M | 161,071 | 0.6% | 1 |
| CLOUDFLARE INC | - | $18.8M | 14,756,000 | 0.6% | 1 |
| RIVIAN AUTOMOTIVE INC | - | $17.7M | 15,000,000 | 0.6% | 1 |
| TANDEM DIABETES CARE INC | - | $17.7M | 18,500,000 | 0.6% | 1 |
| LIBERTY BROADBAND CORP | [LBRDA](https://holderbook.com/stocks/LBRDA/) | $16.6M | 500,000 | 0.5% | 5 |
| SITIME CORP | - | $16.6M | 15,000,000 | 0.5% | 1 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $16.1M | 435,000 | 0.5% | 2 |
| CAMDEN PPTY TR | [CPT](https://holderbook.com/stocks/CPT/) | $15.7M | 137,000 | 0.5% | 2 |
| LIBERTY MEDIA CORP DEL | [FWONK](https://holderbook.com/stocks/FWONK/) | $15.6M | 164,000 | 0.5% | 1 |
| GORES HLDGS X INC | [GTEN](https://holderbook.com/stocks/GTEN/) | $15.4M | 1,475,000 | 0.5% | 4 |
| INVITATION HOMES INC | [INVH](https://holderbook.com/stocks/INVH/) | $15.2M | 503,000 | 0.5% | 2 |
| INFINITE EAGLE ACQUISITION C | [IEAG](https://holderbook.com/stocks/IEAG/) | $15.2M | 1,499,000 | 0.5% | 1 |
| AVALONBAY CMNTYS INC | [AVB](https://holderbook.com/stocks/AVB/) | $15.1M | 80,000 | 0.5% | 2 |
| LIBERTY LIVE HOLDINGS INC | [LLYVK](https://holderbook.com/stocks/LLYVK/) | $14.2M | 134,300 | 0.5% | 3 |
| REVOLUTION MEDICINES INC | [RVMD](https://holderbook.com/stocks/RVMD/) | $14.1M | 75,400 | 0.5% | 2 |
| PERPETUA RESOURCES CORP | [PPTA](https://holderbook.com/stocks/PPTA/) | $14.1M | 677,000 | 0.5% | 5 |
| NOVAGOLD RESOURCES INC | [NG](https://holderbook.com/stocks/NG/) | $13.8M | 2,313,300 | 0.5% | 31 |
| ONEIM ACQUISITION CORP | [OIM](https://holderbook.com/stocks/OIM/) | $13.7M | 1,358,140 | 0.5% | 1 |
| TELEFLEX INCORPORATED | [TFX](https://holderbook.com/stocks/TFX/) | $13.6M | 107,000 | 0.4% | 1 |
| DELEK US HLDGS INC NEW | [DK](https://holderbook.com/stocks/DK/) | $13.5M | 265,287 | 0.4% | 2 |
| SINCLAIR INC | [SBGI](https://holderbook.com/stocks/SBGI/) | $13.5M | 944,493 | 0.4% | 9 |
| AMERICAN EXCEPTIONALISM ACQU | [AEXA](https://holderbook.com/stocks/AEXA/) | $13.0M | 1,100,000 | 0.4% | 4 |
| CENTURI HOLDINGS INC | [CTRI](https://holderbook.com/stocks/CTRI/) | $12.5M | 414,080 | 0.4% | 3 |
| ECHOSTAR CORP | [ECHO](https://holderbook.com/stocks/ECHO/) | $12.1M | 119,000 | 0.4% | 5 |
| AXALTA COATING SYS LTD | [AXTA](https://holderbook.com/stocks/AXTA/) | $11.5M | 337,000 | 0.4% | 3 |
| TRIPADVISOR INC | [TRIP](https://holderbook.com/stocks/TRIP/) | $11.3M | 827,000 | 0.4% | 1 |
| COLOMBIER ACQUISITION CORP I | [CLBR](https://holderbook.com/stocks/CLBR/) | $10.2M | 1,000,000 | 0.3% | 1 |
| SNAP INC | [SNAP](https://holderbook.com/stocks/SNAP/) | $10.2M | 2,300,000 | 0.3% | 2 |
| OAKTREE ACQUISITION CORP III | [OACC](https://holderbook.com/stocks/OACC/) | $9.6M | 900,000 | 0.3% | 4 |
| APOLLO COML REAL ESTATE FIN | [ARI](https://holderbook.com/stocks/ARI/) | $9.4M | 883,751 | 0.3% | 2 |
| ITRON INC | - | $9.2M | 9,162,000 | 0.3% | 3 |
| TELEPHONE & DATA SYS INC | [TDS](https://holderbook.com/stocks/TDS/) | $9.1M | 245,000 | 0.3% | 12 |
| LIONSGATE STUDIOS CORP | [LION](https://holderbook.com/stocks/LION/) | $7.6M | 494,000 | 0.2% | 1 |
| LIBERTY LIVE HOLDINGS INC | [LLYVA](https://holderbook.com/stocks/LLYVA/) | $7.3M | 72,250 | 0.2% | 3 |
| OPTIMUM COMMUNICATIONS INC | [OPTU](https://holderbook.com/stocks/OPTU/) | $6.4M | 14,039,012 | 0.2% | 9 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $5.9M | 110,400 | 0.2% | 5 |
| ETSY INC | - | $5.8M | 5,000,000 | 0.2% | 1 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $5.6M | 134,400 | 0.2% | 1 |
| INFLEQTION INC | [INFQWS](https://holderbook.com/stocks/INFQWS/) | $5.2M | 762,500 | 0.2% | 2 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $5.1M | 104,900 | 0.2% | 4 |
| VENTURE GLOBAL INC | [VG](https://holderbook.com/stocks/VG/) | $5.0M | 451,000 | 0.2% | 2 |
| ALARM COM HLDGS INC | - | $4.7M | 5,000,000 | 0.2% | 1 |
| USA TODAY CO INC | [TDAY](https://holderbook.com/stocks/TDAY/) | $4.3M | 500,000 | 0.1% | 1 |
| RANGE RES CORP | [RRC](https://holderbook.com/stocks/RRC/) | $3.8M | 101,300 | 0.1% | 5 |
| ANTERO RESOURCES CORP | [AR](https://holderbook.com/stocks/AR/) | $3.6M | 101,400 | 0.1% | 5 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $3.1M | 34,500 | 0.1% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +3.8% | +14.8% | -11.0% | 91% |
| Q1 2026 | +2.2% | -4.6% | +6.9% | 92% |
| Q4 2025 | +3.9% | +2.4% | +1.5% | 90% |
| Q3 2025 | +6.8% | +7.8% | -1.0% | 89% |
| Q2 2025 | +2.2% | +10.5% | -8.2% | 91% |
| Q1 2025 | +2.2% | -4.6% | +6.8% | 86% |
| Q4 2024 | -0.0% | +2.1% | -2.2% | 86% |
| Q3 2024 | +5.8% | +5.4% | +0.4% | 85% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.0B | 122 |
| Q1 2026 | $3.1B | 124 |
| Q4 2025 | $2.9B | 94 |
| Q3 2025 | $2.5B | 86 |
| Q2 2025 | $3.0B | 75 |
| Q1 2025 | $2.8B | 59 |
| Q4 2024 | $2.2B | 71 |
| Q3 2024 | $2.4B | 69 |
| Q2 2024 | $1.7B | 69 |
| Q1 2024 | $1.7B | 66 |
| Q4 2023 | $1.6B | 58 |
| Q3 2023 | $1.6B | 72 |