Empyrean Capital Partners, LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Empyrean Capital Partners, LP disclosed 73 US equity positions worth $2.2bn in its Q2 2025 13F filing. The largest position was AERCAP HOLDINGS NV at 7.8% of the reported book, followed by SHEL and HES. Against the Q1 2025 filing, it opened 15 new positions, added to 14 and reduced 9 among the top 50 holdings.
What did Empyrean Capital Partners, LP own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | AERCAP HOLDINGS NV | 7.8% | $167.5m | 1,432,000 | 4% | added | |
| 2 | SHEL SHELL PLC | Energy | 7.5% | $161.9m | 2,300,000 | 0% | held |
| 3 | HES HESS CORP | 5.8% | $125.5m | 906,000 | -24% | reduced | |
| 4 | 8L8C LIBERTY BROADBAND CORP | 4.2% | $90.6m | 920,781 | 187% | added | |
| 5 | MPC MARATHON PETE CORP | Energy | 4.1% | $88.2m | 531,000 | 2% | added |
| 6 | TXNM TXNM ENERGY INC | Utilities | 3.8% | $81.2m | 1,442,554 | 3% | added |
| 7 | SPY SPDR S&P 500 ETF TR | 3.6% | $77.1m | 124,848 | – | new | |
| 8 | AAMI ACADIAN ASSET MANAGEMENT INC | Financial Services | 3.1% | $66.3m | 1,880,634 | 0% | held |
| 9 | ENVA ENOVA INTL INC | Financial Services | 2.9% | $63.3m | 567,538 | 11% | added |
| 10 | CVS CVS HEALTH CORP | Healthcare | 2.8% | $59.5m | 862,000 | -44% | reduced |
| 11 | PCG PG&E CORP | Utilities | 2.6% | $57.2m | 4,100,000 | 8% | added |
| 12 | NMRK NEWMARK GROUP INC | Real Estate | 2.5% | $53.0m | 4,360,150 | 0% | held |
| 13 | CAH CARDINAL HEALTH INC | Healthcare | 2.4% | $52.3m | 311,300 | -18% | reduced |
| 14 | SKAA SKECHERS U S A INC | 2.4% | $51.8m | 821,000 | – | new | |
| 15 | OPTU ALTICE USA INC | Communication Services | 2.3% | $49.4m | 23,100,000 | 15% | added |
| 16 | LIBERTY BROADBAND CORP | 2.3% | $48.9m | 500,000 | – | new | |
| 17 | ALITEUR ALIGHT INC | 2.2% | $48.1m | 8,500,000 | 13% | added | |
| 18 | BTI BRITISH AMERN TOB PLC | Consumer Defensive | 2.1% | $45.0m | 950,000 | – | new |
| 19 | BL BLACKLINE INC | 2.1% | $44.8m | 42,000,000 | – | new | |
| 20 | VTOL BRISTOW GROUP INC | 1.9% | $42.1m | 1,276,000 | 13% | added | |
| 21 | PD PAGERDUTY INC | 1.8% | $38.2m | 40,000,000 | 0% | held | |
| 22 | VSH VISHAY INTERTECHNOLOGY INC | 1.7% | $37.6m | 42,000,000 | 5% | added | |
| 23 | JAMES HARDIE INDS PLC | 1.6% | $33.8m | 1,257,000 | – | new | |
| 24 | COF CAPITAL ONE FINL CORP | Financial Services | 1.5% | $31.9m | 150,000 | – | new |
| 25 | CHURCHILL CAP CORP X | 1.4% | $30.9m | 3,000,000 | – | new | |
| 26 | UNH UNITEDHEALTH GROUP INC | Healthcare | 1.4% | $29.3m | 94,000 | -22% | reduced |
| 27 | CHURCHILL CAPITAL CORP IX | 1.3% | $27.7m | 2,633,582 | -9% | reduced | |
| 28 | NG NOVAGOLD RES INC | Basic Materials | 1.2% | $26.7m | 6,539,000 | 238% | added |
| 29 | NN NEXTNAV INC | 1.2% | $25.6m | 1,685,000 | 0% | held | |
| 30 | ON ON SEMICONDUCTOR CORP | 1.2% | $25.4m | 27,500,000 | 10% | added | |
| 31 | ADVANCED ENERGY INDS | 1.0% | $22.2m | 18,500,000 | -4% | reduced | |
| 32 | PSX PHILLIPS 66 | Energy | 1.0% | $21.2m | 178,000 | – | new |
| 33 | SIRI SIRIUSXM HOLDINGS INC | 1.0% | $20.8m | 905,623 | 0% | held | |
| 34 | MKSI MKS INC. | 0.9% | $20.3m | 20,500,000 | – | new | |
| 35 | AMBP ARDAGH METAL PACKAGING S A | Consumer Cyclical | 0.8% | $17.1m | 4,000,000 | 0% | held |
| 36 | PPTA PERPETUA RESOURCES CORP | 0.8% | $17.0m | 1,396,500 | – | new | |
| 37 | SBGI SINCLAIR INC | Communication Services | 0.7% | $15.8m | 1,144,493 | 0% | held |
| 38 | FIP FTAI INFRASTRUCTURE INC | 0.7% | $14.6m | 2,372,000 | 61% | added | |
| 39 | SABR SABRE CORP | Technology | 0.7% | $14.3m | 4,520,099 | 29% | added |
| 40 | LIBERTY MEDIA CORP DEL | 0.7% | $14.3m | 175,771 | 0% | held | |
| 41 | NXE NEXGEN ENERGY LTD | Energy | 0.7% | $14.2m | 2,051,600 | – | new |
| 42 | AMPHASTAR PHARMACEUTICALS IN | 0.6% | $13.0m | 15,000,000 | -12% | reduced | |
| 43 | CHEFS WHSE INC | 0.6% | $12.5m | 8,000,000 | -56% | reduced | |
| 44 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 0.6% | $11.9m | 100,000 | 0% | held |
| 45 | TDS TELEPHONE & DATA SYS INC | Communication Services | 0.5% | $11.6m | 325,000 | 0% | held |
| 46 | ACIC AMERICAN COASTAL INS CORP | 0.5% | $10.5m | 940,500 | 0% | held | |
| 47 | BTBT BIT DIGITAL INC | 0.4% | $9.3m | 4,250,000 | – | new | |
| 48 | ITRI ITRON INC | 0.4% | $9.0m | 7,500,000 | – | new | |
| 49 | ECHO ECHOSTAR CORP | Communication Services | 0.4% | $8.7m | 313,000 | – | new |
| 50 | AGI ALAMOS GOLD INC NEW | Basic Materials | 0.4% | $8.0m | 300,000 | -25% | 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.