Empyrean Capital Partners, LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Empyrean Capital Partners, LP disclosed 56 US equity positions worth $1.9bn in its Q1 2025 13F filing. The largest position was HES at 10.2% of the reported book, followed by SHEL and AERCAP HOLDINGS NV. Against the Q4 2024 filing, it opened 9 new positions, added to 11 and reduced 9 among the top 50 holdings.
What did Empyrean Capital Partners, LP own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | HES HESS CORP | 10.2% | $191.5m | 1,199,000 | 0% | held | |
| 2 | SHEL SHELL PLC | Energy | 9.0% | $168.5m | 2,300,000 | 0% | held |
| 3 | AERCAP HOLDINGS NV | 7.6% | $141.2m | 1,382,000 | -14% | reduced | |
| 4 | CVS CVS HEALTH CORP | Healthcare | 5.6% | $103.7m | 1,531,000 | 72% | added |
| 5 | MPC MARATHON PETE CORP | Energy | 4.1% | $75.8m | 520,500 | – | new |
| 6 | TXNM TXNM ENERGY INC | Utilities | 4.0% | $75.1m | 1,404,554 | 0% | held |
| 7 | PCG PG&E CORP | Utilities | 3.5% | $65.3m | 3,800,000 | -36% | reduced |
| 8 | APG API GROUP CORP | Industrials | 3.4% | $64.4m | 1,800,000 | 0% | held |
| 9 | UNH UNITEDHEALTH GROUP INC | Healthcare | 3.4% | $62.9m | 120,000 | – | new |
| 10 | FTAI AVIATION LTD | 3.3% | $61.5m | 554,320 | – | new | |
| 11 | OPTU ALTICE USA INC | Communication Services | 2.9% | $53.5m | 20,100,000 | 14% | added |
| 12 | NMRK NEWMARK GROUP INC | Real Estate | 2.8% | $53.1m | 4,360,150 | 0% | held |
| 13 | CAH CARDINAL HEALTH INC | Healthcare | 2.8% | $52.2m | 379,000 | – | new |
| 14 | ENVA ENOVA INTL INC | Financial Services | 2.6% | $49.5m | 512,800 | 11% | added |
| 15 | AAMI ACADIAN ASSET MANAGEMENT INC | Financial Services | 2.6% | $48.6m | 1,880,634 | 0% | held |
| 16 | ALITEUR ALIGHT INC | 2.4% | $44.5m | 7,500,000 | -17% | reduced | |
| 17 | PD PAGERDUTY INC | 2.1% | $39.6m | 40,000,000 | 1% | added | |
| 18 | VTOL BRISTOW GROUP INC | 1.9% | $35.7m | 1,130,000 | 5% | added | |
| 19 | VSH VISHAY INTERTECHNOLOGY INC | 1.9% | $35.4m | 40,000,000 | 29% | added | |
| 20 | CHURCHILL CAPITAL CORP IX | 1.7% | $31.3m | 2,900,000 | 0% | held | |
| 21 | ITCIEUR INTRA-CELLULAR THERAPIES INC | 1.6% | $30.1m | 228,000 | – | new | |
| 22 | DFSEUR DISCOVER FINL SVCS | 1.5% | $28.7m | 168,000 | -71% | reduced | |
| 23 | 8L8C LIBERTY BROADBAND CORP | 1.5% | $27.3m | 320,561 | 0% | held | |
| 24 | CHEFS WHSE INC | 1.4% | $25.4m | 18,300,000 | -10% | reduced | |
| 25 | ON ON SEMICONDUCTOR CORP | 1.2% | $21.5m | 25,000,000 | -9% | reduced | |
| 26 | NN NEXTNAV INC | 1.1% | $20.5m | 1,685,000 | 22% | added | |
| 27 | SIRI SIRIUSXM HOLDINGS INC | 1.1% | $20.4m | 905,623 | 0% | held | |
| 28 | ADVANCED ENERGY INDS | 1.1% | $19.8m | 19,212,000 | 7% | added | |
| 29 | SBGI SINCLAIR INC | Communication Services | 1.0% | $18.2m | 1,144,493 | 0% | held |
| 30 | HNRG HALLADOR ENERGY COMPANY | Utilities | 0.9% | $16.3m | 1,325,000 | 0% | held |
| 31 | AKAM AKAMAI TECHNOLOGIES INC | Technology | 0.9% | $16.1m | 200,000 | -63% | reduced |
| 32 | AMPHASTAR PHARMACEUTICALS IN | 0.8% | $15.1m | 17,000,000 | 0% | held | |
| 33 | TDS TELEPHONE & DATA SYS INC | Communication Services | 0.7% | $12.6m | 325,000 | 0% | held |
| 34 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.6% | $12.1m | 4,000,000 | 0% | held |
| 35 | LIBERTY MEDIA CORP DEL | 0.6% | $12.0m | 175,771 | 0% | held | |
| 36 | ACIC AMERICAN COASTAL INS CORP | 0.6% | $10.9m | 940,500 | 12% | added | |
| 37 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 0.6% | $10.8m | 100,000 | 0% | held |
| 38 | SWTXUSD SPRINGWORKS THERAPEUTICS INC | 0.6% | $10.8m | 245,000 | – | new | |
| 39 | AGI ALAMOS GOLD INC NEW | Basic Materials | 0.6% | $10.7m | 400,000 | 0% | held |
| 40 | SABR SABRE CORP | Technology | 0.5% | $9.8m | 3,500,000 | 40% | added |
| 41 | NGDN NEW GOLD INC CDA | 0.5% | $9.7m | 2,610,000 | 0% | held | |
| 42 | CNMD CONMED CORP | 0.5% | $9.4m | 10,000,000 | -23% | reduced | |
| 43 | MAGN MAGNERA CORP | 0.5% | $8.5m | 469,730 | 0% | held | |
| 44 | FIP FTAI INFRASTRUCTURE INC | 0.4% | $6.7m | 1,471,790 | 0% | held | |
| 45 | LIBERTY MEDIA CORP DEL | 0.3% | $6.4m | 94,563 | 0% | held | |
| 46 | NG NOVAGOLD RES INC | Basic Materials | 0.3% | $5.6m | 1,933,066 | 239% | added |
| 47 | VALARIS LTD | 0.3% | $5.5m | 140,000 | – | new | |
| 48 | BUR BURFORD CAP LTD | Financial Services | 0.2% | $4.5m | 340,000 | – | new |
| 49 | FG F&G ANNUITIES & LIFE INC | 0.2% | $3.7m | 102,000 | – | new | |
| 50 | WOLF WOLFSPEED INC | 0.1% | $2.4m | 10,500,000 | -61% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.