Arkolith/Funds/Westchester Capital Management, LLC

Westchester Capital Management, LLC

CIK 1512805
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Westchester Capital Management, LLC holds a focused book of 297 stocks worth $2.1B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Webster Financial Corp and trimmed Proassurance Corp. Their largest long position is Electronic Arts Inc at 7% of the equity book. They also disclosed $140.6M in put options (a bearish bet), shown separately below and excluded from the equity book.

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Use Arkolith to show Westchester Capital Management, LLC's latest
holdings, largest changes, and filing provenance.
Opened
64
new positions
Added to
27
existing
Trimmed
26
reduced
Sold out
32
exited

Concentration

Top-heavy: focused book

Top 5 holdings
32%
Top 10 holdings
45%
Top 20 holdings
57%

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

Direct sector allocation

91% mapped to company sectors

Financials
48%
Industrials
13%
Information Technology
12%
ETF / fund or unclassified
9%
Communication Services
7%
Consumer Discretionary
6%
Health Care
3%
Materials
1%

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, no cost basis

Bought
Trimmed / exited

Holdings: largest first

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

297 positions
#SecurityValueShares% PortLast moveHistory
1Electronic Arts Inc
COM
$147.9M725.3K
7.2%
+22%
Added · +131K sh
2Norfolk Southn Corp
COM
$144.0M501.6K
7.0%
+29%
Added · +114K sh
3Warner Bros Discovery Inc
COM SER A
$143.7M5.23M
7.0%
+43%
Added · +1.6M sh
4Webster Finl Corp
COM
$127.3M1.83M
6.2%
New
New position
5Chart Inds Inc
COM
$102.6M496.1K
5.0%
Held
6Unifirst Corp Mass
COM
$65.0M258.5K
3.1%
New
New position
7Clearwater Analytics Hldgs I
CL A
$61.9M2.62M
3.0%
New
New position
8Coterra Energy Inc
COM
$55.8M1.59M
2.7%
New
New position
9Digitalbridge Group Inc
CL A NEW
$45.3M2.94M
2.2%
New
New position
10Sealed Air Corp New
COM
$39.8M945.7K
1.9%
+11%
Added · +92K sh
11Proassurance Corp
COM
$36.0M1.46M
1.7%
−9.4%
Reduced · −151K sh
12Hologic Inc
COM
$34.4M455.3K
1.7%
+42%
Added · +136K sh
13Penumbra Inc
COM
$25.2M76.6K
1.2%
New
New position
14Masimo Corp
COM
$24.6M138.4K
1.2%
New
New position
15Agriculture & Nat Sol Acq Co
SHS CL A
$23.1M2.04M
1.1%
+4.1%
Added · +80K sh
16Haymaker Acquisition Corp IV
CLASS A
$22.2M1.94M
1.1%
Held
17Air Lease Corp
CL A
$21.7M334.4K
1.1%
Held
18Qorvo Inc
COM
$20.4M263.9K
1.0%
New
New position
19Drugs Made In Amer Acqutn Co
ORD SHS
$17.5M1.67M
0.8%
Held
20Onestream Inc
CL A
$16.3M677.5K
0.8%
New
New position
21Sizzle Acquisition Corp. II
USD CL A ORD SHS
$16.0M1.56M
0.8%
−0.2%
Reduced · −3K sh
22K&F Growth Acquisition Corp
SHS CL A
$15.4M1.48M
0.7%
−22%
Reduced · −409K sh
23Globa Terra Acquisition Cor
CL A ORD SHS
$14.5M1.41M
0.7%
Held
24Titan Acquisition Corp
CL A
$13.9M1.34M
0.7%
Held
25Gigcapital8 Corp
ORD CL A
$13.3M1.33M
0.6%
+23%
Added · +250K sh
26Oyster Enterprises II Acquis
ORD SHS CL A
$13.2M1.30M
0.6%
Held
27Kochav Defense Acqui Co
SHS CL A
$13.2M1.29M
0.6%
Held
28Soulpower Acquisition Corp
USD CL A ORD SHS
$13.1M1.28M
0.6%
Held
29Siddhi Acquisition Corp
CL A SHS
$13.0M1.25M
0.6%
−7.4%
Reduced · −100K sh
30Pioneer Acquisition I Corp
CL A ORD SHS
$12.8M1.26M
0.6%
+208%
Added · +850K sh
31Jackson Acquisition Co II
COM SHS CL A
$12.6M1.19M
0.6%
Held
32Aldel Finl II Inc
CL A
$12.3M1.16M
0.6%
Held
33Janus Henderson Group PLC
ORD SHS
$11.9M230.7K
0.6%
New
New position
34Andretti Acquisition Corp II
ORD SHS CL A
$11.8M1.11M
0.6%
Held
35New Providence Acquisition C
USD CL A ORD SHS
$11.6M1.13M
0.6%
−12%
Reduced · −150K sh
36Oxley Bridge Acq Ltd
USD CL A ORD SHS
$11.3M1.12M
0.5%
+22%
Added · +200K sh
37Voyager Acquisition Corp
CL A
$10.3M961.9K
0.5%
−24%
Reduced · −300K sh
38Artius II Acquisition Inc
SHS CL A
$10.3M995.9K
0.5%
Held
39Cal Redwood Acquisition Corp
COM CL A
$10.2M1.00M
0.5%
+54%
Added · +350K sh
40Launch Two Acquisition Corp.
ORD SHS CL A
$10.1M950.0K
0.5%
Held
41Apex Treas Corp
ORD SHS CL A
$10.0M1.00M
0.5%
+100%
Added · +500K sh
42Plum Acquisition Corp IV
SHS CL A
$9.7M921.1K
0.5%
−25%
Reduced · −304K sh
43Archimedes Tech Spac Partner
ORD SHS
$9.4M907.1K
0.5%
Held
44Newbury STR II Acquisition C
ORD SHS CL A
$9.4M898.1K
0.5%
Held
45Mountain Lake Acquisition Co
SHS CL A
$9.3M887.7K
0.5%
Held
46GP-Act III Acquisition Corp
CL A
$9.3M860.9K
0.5%
−37%
Reduced · −500K sh
47Jena Acquisition Corp II
USD CL A ORD SHS
$9.3M912.0K
0.5%
Held
48Apellis Pharmaceuticals Inc
COM
$9.2M227.5K
0.4%
New
New position
49GSR IV Acquisition Corp
CL A SHS
$9.0M900.0K
0.4%
New
New position
50Copley Acquisition Corp
ORD SHS CL A
$8.9M860.6K
0.4%
Held
Showing 50 of 297 positions

Largest options & derivatives disclosed

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

Put notional (bearish)$140.6M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishSS SPDR S&P 500 ETF TRUST-USSPY$97.6M150K
PUT · bearishKEURIG DR PEPPER INCKDP$7.9M298K
PUT · bearishAPTIV PLCAPTV$7.8M112K
PUT · bearishBARRICK MINING CORPB$6.3M155K
PUT · bearishHONEYWELL INTERNATIONAL INCHON$6.0M27K
PUT · bearishCAESARS ENTERTAINMENT INCCZR$5.8M218K
PUT · bearishFEDEX CORPFDX$5.6M16K
PUT · bearishL3HARRIS TECHNOLOGIES INCLHX$2.7M8K
PUT · bearishKRAFT HEINZ CO/THEKHC$983K44K
PUT · bearishCLEARWATER ANALYTICS HDS-ACWAN$50K2K

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 equity book, weighting, concentration and sector figures above.

Filing history

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

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 2026863$2.2B13F-HR
Q4 2025Dec 31, 2025Feb 13, 2026778$2.4B13F-HR
Q3 2025Sep 30, 2025Nov 14, 2025678$2.2B13F-HR
Q2 2025Jun 30, 2025Aug 14, 2025511$1.9B13F-HR
Q1 2025Mar 31, 2025May 14, 2025416$1.9B13F-HR
Q4 2024Dec 31, 2024Feb 14, 2025393$1.8B13F-HR
Q3 2024Sep 30, 2024Nov 14, 2024458$2.3B13F-HR
Q2 2024Jun 30, 2024Aug 14, 2024558$2.7B13F-HR
Q1 2024Mar 31, 2024May 15, 2024630$2.7B13F-HR
Q4 2023Dec 31, 2023Feb 15, 2024691$2.9B13F-HR
Q3 2023Sep 30, 2023Nov 8, 2023857$3.4B13F-HR
Q2 2023Jun 30, 2023Aug 14, 2023901$3.2B13F-HR
Q1 2023Mar 31, 2023May 15, 2023952$3.3B13F-HR
Q4 2022Dec 31, 2022Feb 14, 20231,195$3.6B13F-HR
Q3 2022Sep 30, 2022Nov 17, 20221,173$3.6B13F-HR/A
Q2 2022Jun 30, 2022Aug 15, 20221,106$3.6B13F-HR
Q1 2022Mar 31, 2022May 16, 20221,065$3.7B13F-HR
Q4 2021Dec 31, 2021Feb 14, 20221,041$3.5B13F-HR
Q3 2021Sep 30, 2021Nov 15, 2021613$3.5B13F-HR
Q2 2021Jun 30, 2021Aug 13, 2021553$4.3B13F-HR
Q1 2021Mar 31, 2021May 17, 2021561$3.6B13F-HR
Q4 2020Dec 31, 2020Feb 12, 2021386$3.1B13F-HR
Q3 2020Sep 30, 2020Nov 16, 2020309$2.4B13F-HR
Amended / restated
  • Q3 2022 · filed Nov 15, 202213F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; 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.