Arkolith/Funds/Owl Creek Asset Management, L.P.

Owl Creek Asset Management, L.P.

CIK 1313756Hedge fund
Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Active Filer

Owl Creek Asset Management, L.P. holds a concentrated book of 31 reported positions worth $1.1B as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). This quarter they opened Ares Management Corp - A and trimmed Ftai Aviation Ltd. Their largest long position is Anterix Inc at 49% of the reported non-option book. They also disclosed $10.2M in put options (a bearish bet) and $70.8M in call options (bullish), shown separately below and excluded from the non-option book.

Added to
6
already held, bought more
+3 more · largest first
Trimmed
6
sold some, still holds it
+3 more · largest first
Sold out
7
exited the position entirely
+4 more · largest first, by prior value

How much sits in the biggest positions

Top-heavy: concentrated book

Top 5 holdings
70%
Top 10 holdings
81%
Top 20 holdings
95%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

100% mapped to company sectors

Communication Services
49%
Industrials
26%
Utilities
11%
Information Technology
6%
Financials
5%
Real Estate
2%
Consumer Discretionary
1%
Health Care
1%

+1 sector below the cut, under 0.5% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

31 positions
#SecurityValueShares% PortLast moveHistory
1Anterix Inc
COM
$557.1M5.41M
49.4%
Held
2Republic Awys Hldgs Inc
COM SHS
$89.9M4.28M
8.0%
+1.1%
Added · +47K sh
3PG&E Corp
COM
$79.5M4.73M
7.0%
+70%
Added · +1.9M sh
4Ftai Aviation Ltd
SHS
$34.5M127.5K
3.1%
−38%
Reduced · −78K sh
5Applovin Corp
COM CL A
$28.0M54.3K
2.5%
+538%
Added · +46K sh
6Alaska Air Group Inc
COM
$25.2M482.1K
2.2%
+207%
Added · +325K sh
7Ares Management Corporation
CL A COM STK
$24.5M220.1K
2.2%
New
New position
8Doordash Inc
CL A
$24.0M130.2K
2.1%
New
New position
9Vistra Corp
COM
$23.8M149.8K
2.1%
+135%
Added · +86K sh
10Royal Caribbean Group
COM
$22.2M69.9K
2.0%
New
New position
11Talen Energy Corp
COM
$21.2M55.1K
1.9%
−14%
Reduced · −9K sh
12Uber Technologies Inc
COM
$19.7M272.5K
1.7%
New
New position
13United Airls Hldgs Inc
COM
$18.7M137.7K
1.7%
New
New position
14Skywest Inc
COM
$18.3M183.8K
1.6%
−44%
Reduced · −143K sh
15Apartment Invt & Mgmt Co
CL A
$17.6M5.93M
1.6%
+96%
Added · +2.9M sh
16Carnival Corp Ltd
COMMON SHARES
$16.3M569.2K
1.4%
New
New position
17Rocket Cos Inc
COM CL A
$16.1M1.02M
1.4%
New
New position
18Flex Ltd
ORD
$14.7M90.9K
1.3%
New
New position
19Uwm Holdings Corporation
COM CL A
$11.2M4.91M
1.0%
New
New position
20Melco Resorts And Entmnt Ltd
ADR
$9.1M1.72M
0.8%
New
New position
21Sea Ltd
SPONSORD ADS
$8.9M93.2K
0.8%
New
New position
22Community Health Sys Inc New
COM
$8.5M2.53M
0.7%
Held
23BWX Technologies Inc
COM
$7.5M38.4K
0.7%
−2.4%
Reduced · −952 sh
24Microsoft Corp
COM
$7.0M18.6K
0.6%
New
New position
25Meta Platforms Inc
CL A
$6.9M12.2K
0.6%
New
New position
26Nextnav Inc
COMMON STOCK
$6.1M341.8K
0.5%
New
New position
27Zillow Group Inc
CL C CAP STK
$4.0M126.3K
0.4%
New
New position
28Ge Vernova Inc
COM
$3.0M2.6K
0.3%
New
New position
29Borgwarner Inc
COM
$2.2M33.6K
0.2%
New
New position
30Danaher Corp Del
COM
$1.4M7.1K
0.1%
−79%
Reduced · −28K sh
31Spotify Technology S A
SHS
$1.1M2.4K
0.1%
−81%
Reduced · −10K sh
Showing all 31 positions
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Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$10.2M
Call notional (bullish)$70.8M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishMICROSOFT CORPMSFT$47.1M126K
CALL · bullishKRANESH CSI CHINA INTERNETKWEB$23.8M971K
PUT · bearishISHARES MSCI SOUTH KOREA ETFEWY$10.2M51K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the non-option book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

$3.3B · Q4 2025Q2 2025 · $2.3BQ2 2026 · $1.2B

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Aug 14, 202645d34$1.2B13F-HR
Q1 2026Mar 31, 2026May 15, 202645d30$1.4B13F-HR
Q4 2025Dec 31, 2025Feb 17, 202648d45$3.3B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202545d54$3.1B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202545d56$2.3B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.