# Castle Creek Arbitrage, LLC

> Institutional holdings reported to the SEC as of Q3 2023 on Form 13F. CIK 1326638. Source: https://holderbook.com/funds/1326638-castle-creek-arbitrage-llc/

- Reported value: $425.1M
- Positions: 266
- Weight of the ten largest: 39.4%
- Filed: 2023-11-14

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 |
|---|---|---|---|---|---|
| MIDDLEBY CORP | - | $49.7M | 44,350,000 | 11.7% | 8 |
| AKAMAI TECHNOLOGIES INC | - | $26.4M | 22,300,000 | 6.2% | 13 |
| INVESTCORP EUROPE ACQUISITIO | [IVCBF](https://holderbook.com/stocks/IVCBF/) | $14.6M | 1,340,836 | 3.4% | 4 |
| STRIDE INC | - | $14.0M | 13,250,000 | 3.3% | 9 |
| SPOTIFY USA INC | - | $11.9M | 14,000,000 | 2.8% | 3 |
| REPLIGEN CORP | - | $11.3M | 7,897,000 | 2.7% | 5 |
| SNAP INC | - | $10.2M | 11,047,000 | 2.4% | 10 |
| L CATTERTON ASIA ACQUISITION | [LCAA](https://holderbook.com/stocks/LCAA/) | $9.9M | 925,939 | 2.3% | 10 |
| RIGEL RESOURCE ACQ CORP | [RRAC](https://holderbook.com/stocks/RRAC/) | $9.8M | 903,085 | 2.3% | 3 |
| BRIDGEBIO PHARMA INC | - | $9.6M | 10,000,000 | 2.3% | 1 |
| C5 ACQUISITION CORPORATION | [CXAC](https://holderbook.com/stocks/CXAC/) | $9.0M | 817,138 | 2.1% | 5 |
| INVESTCORP AI ACQUISITION CO | [IVCAF](https://holderbook.com/stocks/IVCAF/) | $8.1M | 750,000 | 1.9% | 3 |
| HEALTHWELL ACQUISITION CORP | [HWEL](https://holderbook.com/stocks/HWEL/) | $8.0M | 765,749 | 1.9% | 8 |
| ARES ACQUISITION CORPORATION | [AAC](https://holderbook.com/stocks/AAC/) | $7.6M | 706,005 | 1.8% | 2 |
| SOUTHPORT ACQUISITION CORP | [PORT](https://holderbook.com/stocks/PORT/) | $7.4M | 700,000 | 1.7% | 4 |
| PEARL HOLDINGS ACQUISITN COR | [PRLH](https://holderbook.com/stocks/PRLH/) | $6.9M | 643,763 | 1.6% | 3 |
| TRISTAR ACQUISITION I CORP | [TRIS](https://holderbook.com/stocks/TRIS/) | $6.8M | 633,759 | 1.6% | 3 |
| CHENGHE ACQUISITION CO | [CHEA](https://holderbook.com/stocks/CHEA/) | $6.4M | 587,829 | 1.5% | 3 |
| SLAM CORP | [SLAMF](https://holderbook.com/stocks/SLAMF/) | $5.8M | 536,978 | 1.4% | 10 |
| ALPHA PARTNERS TECH MERGR CO | [PLMJF](https://holderbook.com/stocks/PLMJF/) | $5.8M | 545,253 | 1.4% | 2 |
| PROOF ACQUISITION CORP I | [SOAR](https://holderbook.com/stocks/SOAR/) | $5.8M | 535,435 | 1.4% | 4 |
| CARTESIAN GROWTH CORP II | [RENEF](https://holderbook.com/stocks/RENEF/) | $5.7M | 521,707 | 1.3% | 1 |
| POWER & DIGITAL INFRASTRUCTU | [XPDB](https://holderbook.com/stocks/XPDB/) | $5.6M | 530,056 | 1.3% | 3 |
| SPIRIT AIRLS INC | - | $5.5M | 3,272,000 | 1.3% | 14 |
| TLGY ACQUISITION CORPORATION | [TLGYF](https://holderbook.com/stocks/TLGYF/) | $5.5M | 500,000 | 1.3% | 7 |
| LIV CAPITAL ACQUISITN CORP I | [LIVB](https://holderbook.com/stocks/LIVB/) | $5.5M | 504,110 | 1.3% | 5 |
| INFINITE ACQUISITION CORP | [NFNT](https://holderbook.com/stocks/NFNT/) | $5.3M | 490,324 | 1.2% | 3 |
| CRIXUS BH3 ACQUISITION CO | [BHAC](https://holderbook.com/stocks/BHAC/) | $5.3M | 499,373 | 1.2% | 5 |
| ALTENERGY ACQUISITION CORP | [AEAE](https://holderbook.com/stocks/AEAE/) | $5.2M | 500,000 | 1.2% | 5 |
| LF CAPITAL ACQUISITION CORP | [LFAC](https://holderbook.com/stocks/LFAC/) | $5.2M | 479,350 | 1.2% | 4 |
| JBT MAREL CORPORATION | - | $5.0M | 5,500,000 | 1.2% | 3 |
| INTEGRATED RAIL AND RES ACQ | [IRRX](https://holderbook.com/stocks/IRRX/) | $4.9M | 450,000 | 1.2% | 5 |
| GUARDANT HEALTH INC | - | $4.8M | 7,000,000 | 1.1% | 5 |
| BLACK MOUNTAIN ACQ CORP | [BMAC](https://holderbook.com/stocks/BMAC/) | $4.8M | 449,996 | 1.1% | 4 |
| BATTERY FUTURE ACQUISITION C | [BFAC](https://holderbook.com/stocks/BFAC/) | $4.8M | 441,561 | 1.1% | 2 |
| ROTH CH ACQUISITION V CO | [ROCL](https://holderbook.com/stocks/ROCL/) | $4.4M | 420,386 | 1.0% | 4 |
| SNAP INC | - | $4.4M | 5,000,000 | 1.0% | 2 |
| AURORA TECHNOLOGY ACQUISITIO | [ATAK](https://holderbook.com/stocks/ATAK/) | $4.3M | 400,000 | 1.0% | 3 |
| CHAIN BRIDGE I | [CBRG](https://holderbook.com/stocks/CBRG/) | $4.3M | 400,000 | 1.0% | 5 |
| HH&L ACQUISITION CO | [HHLA](https://holderbook.com/stocks/HHLA/) | $4.3M | 403,771 | 1.0% | 1 |
| KENSINGTON CAPITAL ACQUISITI | [KCGI](https://holderbook.com/stocks/KCGI/) | $4.2M | 400,000 | 1.0% | 1 |
| SHOULDERUP TECHNOLOGY ACQUIS | [SUAC](https://holderbook.com/stocks/SUAC/) | $4.2M | 400,000 | 1.0% | 5 |
| KNIGHTSWAN ACQUISITION CORP | [KNSW](https://holderbook.com/stocks/KNSW/) | $4.2M | 400,000 | 1.0% | 1 |
| M3 BRIGADE ACQUISITION II CO | [MBAC](https://holderbook.com/stocks/MBAC/) | $4.2M | 400,000 | 1.0% | 10 |
| CONSILIUM ACQUISITN CORP I L | [CSLMF](https://holderbook.com/stocks/CSLMF/) | $3.9M | 365,680 | 0.9% | 3 |
| SPREE ACQUISITION CORP 1 LTD | [SACQF](https://holderbook.com/stocks/SACQF/) | $3.9M | 356,080 | 0.9% | 4 |
| NABORS ENERGY TRANSITION COR | [NETC](https://holderbook.com/stocks/NETC/) | $3.8M | 349,016 | 0.9% | 4 |
| CARTICA ACQUISITION CORP | [CRTAF](https://holderbook.com/stocks/CRTAF/) | $3.8M | 350,000 | 0.9% | 4 |
| BRIDGETOWN HOLDINGS LTD | [BTWN](https://holderbook.com/stocks/BTWN/) | $3.6M | 347,705 | 0.8% | 3 |
| ENPHYS ACQUISITION CORP | [NFSCF](https://holderbook.com/stocks/NFSCF/) | $3.2M | 309,508 | 0.8% | 4 |
| CC NEUBERGER PRINCIPAL HOLDN | [PRPC](https://holderbook.com/stocks/PRPC/) | $3.1M | 287,030 | 0.7% | 9 |
| ESGEN ACQUISITION CORP | [ESAC](https://holderbook.com/stocks/ESAC/) | $3.1M | 280,000 | 0.7% | 3 |
| SIZZLE ACQUISITION CORP | [SZZL](https://holderbook.com/stocks/SZZL/) | $2.8M | 259,700 | 0.7% | 3 |
| PONO CAP THREE INC | [PTHR](https://holderbook.com/stocks/PTHR/) | $2.4M | 225,000 | 0.6% | 2 |
| SHOPIFY INC | - | $2.2M | 2,500,000 | 0.5% | 3 |
| GENERATION ASIA I ACQUISITIO | [GAQ](https://holderbook.com/stocks/GAQ/) | $2.1M | 200,000 | 0.5% | 2 |
| ALSP ORCHID ACQUISITION CORP | [ALOR](https://holderbook.com/stocks/ALOR/) | $2.1M | 190,100 | 0.5% | 4 |
| CATCHA INVESTMENT CORP | [CHAA](https://holderbook.com/stocks/CHAA/) | $2.1M | 187,794 | 0.5% | 10 |
| LIBERTY MEDIA CORP DEL | - | $2.0M | 2,000,000 | 0.5% | 1 |
| KHOSLA VENTURES ACQUISITION | [KVSA](https://holderbook.com/stocks/KVSA/) | $1.7M | 157,071 | 0.4% | 11 |
| SEMPER PARATUS ACQUISITION C | [LGST](https://holderbook.com/stocks/LGST/) | $1.6M | 149,915 | 0.4% | 1 |
| SDCL EDGE ACQUISITION CORP | [SEDA](https://holderbook.com/stocks/SEDA/) | $1.6M | 151,294 | 0.4% | 3 |
| EAGLE NUCLEAR ENERGY CORP COM | [SVIIF](https://holderbook.com/stocks/SVIIF/) | $1.5M | 140,000 | 0.4% | 3 |
| CLOUDFLARE INC | - | $1.3M | 1,500,000 | 0.3% | 2 |
| TARGET GLOBAL ACQUISI I CORP | [TGAAF](https://holderbook.com/stocks/TGAAF/) | $1.2M | 107,000 | 0.3% | 2 |
| HCM ACQUISITION CO | [HCMA](https://holderbook.com/stocks/HCMA/) | $1.1M | 103,832 | 0.3% | 3 |
| NUBIA BRAND INTERNATIONAL CO | [NUBI](https://holderbook.com/stocks/NUBI/) | $1.1M | 97,972 | 0.2% | 2 |
| EDIFY ACQUISITION CORP | [EAC](https://holderbook.com/stocks/EAC/) | $1.1M | 97,825 | 0.2% | 11 |
| CETUS CAP ACQUISITION CORP | [CETU](https://holderbook.com/stocks/CETU/) | $1.0M | 100,000 | 0.2% | 3 |
| TORTOISEECOFIN ACQUISITION C | [TRTLF](https://holderbook.com/stocks/TRTLF/) | $995.6K | 95,000 | 0.2% | 5 |
| MAGNUM OPUS ACQUISITION LTD | [OPA](https://holderbook.com/stocks/OPA/) | $985.2K | 92,171 | 0.2% | 10 |
| ALPHA STAR ACQUISITION CORP | [ALSAF](https://holderbook.com/stocks/ALSAF/) | $963.1K | 87,750 | 0.2% | 5 |
| IONQ INC | [IONQWS](https://holderbook.com/stocks/IONQWS/) | $805.5K | 133,369 | 0.2% | 8 |
| WESTROCK COFFEE CO | [WESTW](https://holderbook.com/stocks/WESTW/) | $804.0K | 439,322 | 0.2% | 5 |
| RESERVOIR MEDIA INC | [RSVRW](https://holderbook.com/stocks/RSVRW/) | $598.9K | 424,750 | 0.1% | 9 |
| GLOBAL PARTNER ACQISTN CORP | [GPAC](https://holderbook.com/stocks/GPAC/) | $556.8K | 51,463 | 0.1% | 9 |
| INTERPRIVATE III FINANCIAL P | [IPVF](https://holderbook.com/stocks/IPVF/) | $326.7K | 29,394 | 0.1% | 10 |
| PSQ HOLDINGS INC | [PSQHWS](https://holderbook.com/stocks/PSQHWS/) | $288.9K | 210,136 | 0.1% | 1 |
| RENEW ENERGY GLOBAL PLC | [RNWWW](https://holderbook.com/stocks/RNWWW/) | $265.3K | 344,866 | 0.1% | 9 |
| LIVEWIRE GROUP INC | [LVWRWS](https://holderbook.com/stocks/LVWRWS/) | $252.5K | 753,454 | 0.1% | 5 |
| FRONTIER INVESTMENT CORP | [FICV](https://holderbook.com/stocks/FICV/) | $239.7K | 22,934 | 0.1% | 2 |
| INTEGRATED RAIL AND RES ACQ | [IRRXW](https://holderbook.com/stocks/IRRXW/) | $219.1K | 900,748 | 0.1% | 5 |
| THE LION ELECTRIC COMPANY | [LEGWQ](https://holderbook.com/stocks/LEGWQ/) | $191.0K | 350,000 | 0.0% | 4 |
| ADS TEC ENERGY PLC | [ADSEW](https://holderbook.com/stocks/ADSEW/) | $183.1K | 249,161 | 0.0% | 8 |
| LILIUM N V | [LILMF](https://holderbook.com/stocks/LILMF/) | $167.6K | 235,000 | 0.0% | 1 |
| SOUTHLAND HLDGS INC | [SLNDWS](https://holderbook.com/stocks/SLNDWS/) | $128.5K | 186,692 | 0.0% | 3 |
| CHURCHILL CAPITAL CORP VII | [CVII](https://holderbook.com/stocks/CVII/) | $123.0K | 11,778 | 0.0% | 5 |
| AMBIPAR EMERGENCY RESPONSE | [AMBWQ](https://holderbook.com/stocks/AMBWQ/) | $120.8K | 241,570 | 0.0% | 3 |
| ALGOMA STL GROUP INC | [ASTLW](https://holderbook.com/stocks/ASTLW/) | $114.5K | 93,438 | 0.0% | 8 |
| HEALTHWELL ACQUISITION CORP | [HWELW](https://holderbook.com/stocks/HWELW/) | $107.4K | 632,176 | 0.0% | 8 |
| ARES ACQUISITION CORP II | [AACTWS](https://holderbook.com/stocks/AACTWS/) | $102.8K | 437,499 | 0.0% | 1 |
| INVESTCORP EUROPE ACQUISITIO | [IVCBW](https://holderbook.com/stocks/IVCBW/) | $101.3K | 420,418 | 0.0% | 4 |
| REDWIRE CORPORATION | [RDWWS](https://holderbook.com/stocks/RDWWS/) | $89.1K | 202,479 | 0.0% | 9 |
| HOLLEY INC | [HLLYWS](https://holderbook.com/stocks/HLLYWS/) | $83.3K | 123,136 | 0.0% | 9 |
| CODERE ONLINE LUXEMBOURG S A | [CDRO](https://holderbook.com/stocks/CDRO/) | $79.1K | 26,271 | 0.0% | 8 |
| SEP ACQUISITION CORP | [SEPAW](https://holderbook.com/stocks/SEPAW/) | $79.0K | 837,890 | 0.0% | 8 |
| LANDSEA HOMES CORP | [LSEAW](https://holderbook.com/stocks/LSEAW/) | $76.2K | 417,331 | 0.0% | 11 |
| ESS TECH INC | [GWHWS](https://holderbook.com/stocks/GWHWS/) | $74.0K | 412,019 | 0.0% | 8 |
| ANDRETTI ACQUISITION CORP | [WNNRWS](https://holderbook.com/stocks/WNNRWS/) | $72.7K | 246,349 | 0.0% | 4 |
| HORIZON SPACE ACQUSTN I CORP | [HSPOR](https://holderbook.com/stocks/HSPOR/) | $71.8K | 448,680 | 0.0% | 3 |

## 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 |
|---|---|---|---|---|
| Q3 2022 | +0.4% | -5.3% | +5.7% | 72% |
| Q2 2022 | -1.4% | -16.5% | +15.0% | 75% |
| Q1 2022 | -1.0% | -4.9% | +3.9% | 74% |
| Q4 2021 | +3.2% | +10.7% | -7.4% | 64% |
| Q3 2021 | -1.5% | +0.3% | -1.7% | 62% |
| Q2 2021 | +0.9% | +8.0% | -7.1% | 71% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2023 | $425.1M | 266 |
| Q2 2023 | $806.0M | 384 |
| Q1 2023 | $908.4M | 462 |
| Q4 2022 | $1.1B | 535 |
| Q3 2022 | $1.8B | 687 |
| Q2 2022 | $1.8B | 673 |
| Q1 2022 | $2.0B | 683 |
| Q4 2021 | $2.0B | 695 |
| Q3 2021 | $1.8B | 648 |
| Q2 2021 | $1.8B | 660 |
| Q1 2021 | $1.7B | 557 |
| Q4 2020 | $1.6B | 286 |