Owl Creek Asset Management 13F holdings, Q4 2008
Holdings as of December 31, 2008 · filings on SEC EDGAR · latest filing →
Owl Creek Asset Management disclosed 15 US equity positions worth $2.5bn in its Q4 2008 13F filing. The largest position was SPY at 64.1% of the reported book, followed by LEAP WIRELESS INTL INC and NAV. Against the Q2 2005 filing, it opened 14 new positions, added to 1 and reduced 0 among the top 15 holdings.
What did Owl Creek Asset Management own in Q4 2008? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2005 |
|---|---|---|---|---|---|---|---|
| 1 | SPY SPDR TR UNIT SER 1 | 64.1% | $1.6bn | 17,767,800 | – | new | |
| 2 | LEAP WIRELESS INTL INC | 7.1% | $177.7m | 6,607,279 | – | new | |
| 3 | NAV NAVISTAR INTL CORP NEW | 6.0% | $148.9m | 6,962,965 | – | new | |
| 4 | CIGNA CORP | 5.4% | $135.5m | 8,043,409 | – | new | |
| 5 | WMB WILLIAMS COS INC DEL | Energy | 5.4% | $135.5m | 9,357,811 | – | new |
| 6 | STLD STEEL DYNAMICS INC | Basic Materials | 3.5% | $88.0m | 7,869,703 | – | new |
| 7 | UAL CORP | 3.1% | $77.4m | 7,022,300 | – | new | |
| 8 | HUNTINGTON BANCSHARES INC | 1.2% | $29.0m | 41,000 | – | new | |
| 9 | TEXAS INDS INC | 1.0% | $26.1m | 756,900 | – | new | |
| 10 | SCHERING PLOUGH CORP | 1.0% | $24.5m | 1,441,100 | – | new | |
| 11 | WY WEYERHAEUSER CO | Real Estate | 0.7% | $18.2m | 593,600 | – | new |
| 12 | SP ACQUISITION HOLDINGS INC UNIT 99/99/9999 | 0.5% | $13.7m | 1,500,000 | – | new | |
| 13 | MI DEVS INC | 0.5% | $12.5m | 1,672,800 | 35% | added | |
| 14 | GLD SPDR GOLD TRUST GOLD | 0.4% | $9.4m | 108,300 | – | new | |
| 15 | MIRANT CORP NEW *W EXP 01/03/201 | 0.1% | $1.5m | 428,801 | – | new |
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.