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ATW Spac Management LLC: 13F holdings, Q3 2025

Hedge fund · SEC EDGAR filings (CIK 1878495) · Explore on the interactive board

ATW Spac Management LLC disclosed 152 US equity positions worth $79.2m in its Q3 2025 13F filing (holdings as of September 30, 2025, filed November 12, 2025). Its largest position is AA MISSION ACQUISITION CORP at 8.6% of the reported book, followed by HORIZON SPACE ACQUISITION II, DRUGS MADE IN AMER ACQUTN CO. The top ten holdings are 48.7% of the book, and the portfolio behaves like about 30 equal-weight positions. Versus the prior filing it opened 54 new positions, added to 0, reduced 15 and exited 25. Note: this manager's most recent filing is 3 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$79.2mreported US equity book
152positions
8.6%largest position
48.7%top 10 weight
29.61effective positions (1/HHI)
5quarters on file since Q3 2024

What does ATW Spac Management LLC own? Top holdings as of September 30, 2025

Change is measured in shares against the previous filing (Q2 2025), so price moves do not read as decisions. This quarter: 54 new, 0 added, 15 reduced, 25 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 AA MISSION ACQUISITION CORP 8.6%$6.8m649,098 -7% reduced
2 HORIZON SPACE ACQUISITION II 7.5%$6.0m574,990 0% held
3 DRUGS MADE IN AMER ACQUTN CO 6.5%$5.1m500,000 -12% reduced
4 A SPAC III ACQUISITION CORP 5.1%$4.0m389,100 0% held
5 RISING DRAGON ACQUISITION CO 4.7%$3.7m358,000 0% held
6 CAYSON ACQUISITION CORP 4.1%$3.2m306,703 0% held
7 FUTURE VISION II ACQUISITION 3.8%$3.0m289,614 0% held
8 CHARLTON ARIA ACQUISITION CO 3.6%$2.9m276,607 -9% reduced
9 GSR IV ACQUISITION CORP 2.6%$2.0m200,000 – new
10 OTG ACQUISITION CORP. I 2.2%$1.8m175,000 – new
11 EMMIS ACQUISITION CORP. 2.2%$1.7m175,000 – new
12 BEST SPAC I ACQUISITION CORP 2.1%$1.7m162,500 0% held
13 TRAILBLAZER MERGER CORP I 2.0%$1.6m133,434 0% held
14 STARRY SEA ACQUISITION CORP 1.9%$1.5m150,000 – new
15 MCKINLEY ACQUISITION CORP 1.9%$1.5m150,000 – new
16 COHEN CIRCLE ACQUISIT CORP I 1.8%$1.4m139,420 – new
17 STONEBRIDGE ACQUISITION II C 1.7%$1.4m137,500 – new
18 BLACK HAWK ACQUISITION CORP 1.7%$1.3m119,999 -60% reduced
19 A PARADISE ACQUISITION CORP 1.6%$1.2m125,000 – new
20 D. BORAL ARC ACQ I CORP. 1.5%$1.2m122,588 – new
21 BLUE WTR ACQUISITION CORP. I 1.4%$1.1m111,775 – new
22 COPLEY ACQUISITION CORP 1.3%$1.0m102,500 – new
23 SILVER PEGASUS ACQUISITION C 1.3%$1.0m100,000 – new
24 GLOBA TERRA ACQUISITION COR 1.3%$1.0m100,000 – new
25 QUANTUMSPHERE ACQUISITION CO 1.3%$1.0m100,000 – new
26 AMERICAN EXCEPTIONALISM ACQU 1.3%$1.0m92,500 – new
27 CHENGHE ACQUISITION III CO 1.3%$998.0k100,000 – new
28 LIGHTWAVE ACQUISITION CORP 1.1%$865.6k87,000 – new
29 PIONEER ACQUISITION I CORP 1.0%$830.6k83,391 – new
30 BLUE ACQUISITION CORP. 1.0%$819.8k81,250 0% held
31 ARTIUS II ACQUISITION INC 1.0%$766.7k75,316 -40% reduced
32 CANTOR EQUITY PARTNERS IV IN 1.0%$763.9k75,000 – new
33 BAIN CAP GSS INVT CORP 1.0%$756.8k75,000 – new
34 NMP ACQUISITION CORP 0.9%$744.8k75,000 – new
35 TEXAS VENTURES ACQUISITION I 0.9%$696.1k65,000 – new
36 COLUMBUS CIRCLE CAP CORP. I 0.8%$632.9k62,544 0% held
37 OXLEY BRIDGE ACQ LTD 0.8%$631.3k63,390 – new
38 GALATA ACQUISITION CORP II 0.8%$623.8k62,500 – new
39 BTC DEV CORP 0.7%$555.4k54,988 – new
40 INDIGO ACQUISITION CORP 0.7%$523.4k52,500 – new
41 SPRING VY ACQUISITION CORP I 0.6%$514.0k50,000 – new
42 M3-BRIGADE ACQUISITION VI CO 0.6%$506.0k50,000 – new
43 HIGHVIEW MERGER CORP 0.6%$506.0k50,000 – new
44 WINTERGREEN ACQUISITION CORP 0.6%$503.0k50,000 – new
45 CAL REDWOOD ACQUISITION CORP 0.6%$500.0k50,000 -39% reduced
46 ARMADA ACQUISITION CORP II 0.6%$495.6k47,500 -65% reduced
47 REPUBLIC DIGITAL ACQUISITION 0.6%$492.1k48,200 -40% reduced
48 KOCHAV DEFENSE ACQUI CO 0.6%$471.4k47,000 – new
49 PYROPHYTE ACQUISITION CORP. 0.5%$405.2k40,000 – new
50 EQV VENTURES AC CORP. II 0.5%$398.0k40,000 – new

What did ATW Spac Management LLC sell? Positions exited since the previous filing

StockPrior weightPrior value
EUREKA ACQUISITION CORP14.0%$1.9m
BLUE WTR ACQUISITION CORP. I12.0%$1.6m
PIONEER ACQUISITION I CORP11.3%$1.5m
COPLEY ACQUISITION CORP7.8%$1.0m
LIGHTWAVE ACQUISITION CORP6.6%$875.2k
OXLEY BRIDGE ACQ LTD6.5%$870.9k
AXIOM INTELLIGENCE AC CORP 15.7%$756.8k
FLAG SHIP ACQUISITION CORP5.3%$707.5k
TEXAS VENTURES ACQUISITION I5.0%$663.6k
YORKVILLE ACQUISITION CORP.4.2%$562.5k
WINTERGREEN ACQUISITION CORP3.8%$504.5k
EMBRACE CHANGE ACQUISITN COR3.7%$498.7k
KOCHAV DEFENSE ACQUI CO3.6%$478.2k
LAKESHORE ACQUISITION III CO3.2%$423.9k
DT CLOUD ACQUISITION CORP2.4%$323.5k
CHURCHILL CAP CORP X1.9%$257.5k
FG MERGER II CORP1.1%$146.7k
JVSPAC ACQUISITION CORP0.5%$69.7k
GCL GLOBAL HLDGS LTD0.5%$66.2k
DISTOKEN ACQUISITION CORP0.3%$43.8k
EMBRACE CHANGE ACQUISITN COR0.3%$39.6k
ECD AUTOMOTIVE DESIGN INC0.1%$17.7k
PETXQ WAG GROUP CO0.1%$13.9k
EMBRACE CHANGE ACQUISITN COR0.1%$8.2k
WAG GROUP CO0.0%$2.8k

Sector mix

SectorWeight

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q3 2025152$79.2m
Q2 2025124$65.3m
Q1 2025117$59.9m
Q4 2024130$73.8m
Q3 2024155$95.3m

How concentrated is ATW Spac Management LLC's portfolio?

Across every quarter ATW Spac Management LLC has filed, its median largest position is 11.2% of the book and its median top-ten weight is 60.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 138.0 completed holding spells, the median lasted 1.0 quarters; 152.0 positions are still open and their final length is unknown.