Empyrean Capital Partners, LP
LOS ANGELES, CA
$2.6bn in 105 US stocks at the end of 30 June 2026. The top 10 are 38.4% of the money. It changed about 34.7% of the portfolio this quarter.
Value
$2.6bn
Stocks
105
Top 10 share
38.4%
Turnover
34.7%
What changed this quarter
New
Bought for the first time this quarter.
- Blackstone Digital Infrastructure TrustBXDC2.5% of the fund
- Churchill Capital Corp XICCXI2.1% of the fund
- Somnigroup InternationalSGI1.9% of the fund
- RokuROKU1.7% of the fund
- Churchill CAP Corp XIICXIIU1.1% of the fund
- Atlas Energy SolutionsAESI1.0% of the fund
- TerawulfWULF0.8% of the fund
- General Catalyst GBL Resil MGCGRU0.8% of the fund
- Metals Acquisition Corp. IIMTAL0.8% of the fund
- Honeywell AerospaceHONA0.8% of the fund
- Allegiant TravelALGT0.7% of the fund
- Liberty MediaFWONK0.6% of the fund
- Infinite Eagle AcquisitionIEAG0.6% of the fund
- OneIM AcquisitionOIM0.5% of the fund
- TeleflexTFX0.5% of the fund
- TripAdvisorTRIP0.4% of the fund
- Colombier Acquisition Corp. IIICLBR0.4% of the fund
- Lionsgate StudiosLION0.3% of the fund
- Devon EnergyDVN0.2% of the fund
- USA TodayTDAY0.2% of the fund
- Sunshine Silver Mining & RefiningSSMR0.1% of the fund
- Inhibrx BiosciencesINBX0.1% of the fund
- ProPetro HoldingPUMP0.1% of the fund
- Churchill CAP Corp XICCXIW<0.1% of the fund
- ChemoursCC<0.1% of the fund
Added
Bought more of a stock they already held.
- ViasatVSAT6.6% of the fund+71%
- Union PacificUNP2.9% of the fund+18%
- Apollo Global ManagementAPO2.4% of the fund+65%
- Capital One FinancialCOF2.3% of the fund+88%
- WatersWAT1.5% of the fund+15%
- BPBP0.6% of the fund+98%
- Camden Property TrustCPT0.6% of the fund+46%
- Invitation HomesINVH0.6% of the fund+31%
- Avalonbay CommunitiesAVB0.6% of the fund+38%
- Delek US HoldingsDK0.5% of the fund+27%
- Centuri HoldingsCTRI0.5% of the fund+4%
Cut
Sold some of their stake.
- AerCap HoldingsAER5.0% of the fund-10%
- Norfolk SouthernNSC3.3% of the fund-12%
- Warner Bros. DiscoveryWBD1.8% of the fund-31%
- Txnm EnergyTXNM1.8% of the fund-44%
- ShellSHEL1.7% of the fund-49%
- Bristow GroupVTOL1.7% of the fund-9%
- Cardinal HealthCAH1.7% of the fund-26%
- Electronic ArtsEA1.2% of the fund-33%
- Phillips 66PSX1.0% of the fund-37%
- Constellation BrandsSTZ1.0% of the fund-70%
- Barrick MiningB0.8% of the fund-18%
- Revolution MedicinesRVMD0.5% of the fund-26%
- Perpetua ResourcesPPTA0.5% of the fund-19%
- Novagold ResourcesNG0.5% of the fund-14%
- SinclairSBGI0.5% of the fund-10%
- American Exceptionalism Acquisition Corp. AAEXA0.5% of the fund-11%
- EchoStarECHO0.5% of the fund-48%
- Axalta Coating SystemsAXTA0.4% of the fund-84%
- SnapSNAP0.4% of the fund-58%
- Telephone & Data SystemsTDS0.3% of the fund-18%
- Optimum CommunicationsOPTU0.2% of the fund-43%
- Occidental PetroleumOXY0.2% of the fund-33%
- Venture GlobalVG0.2% of the fund-46%
- American Coastal InsuranceACIC<0.1% of the fund-80%
- Vir BiotechnologyVIR<0.1% of the fund-78%
Sold out
Sold their entire stake.
- Vistance NetworksVISN-100%
- ComcastCMCSA-100%
- FoxFOXA-100%
- Churchill CAP Corp XICCXIU-100%
- People Inc.PPLI-100%
- TransoceanRIG-100%
- Mister CAR Wash-100%
- Rithm AcquisitionRAC-100%
- NextnavNN-100%
- Ishares TRIGV-100%
- Metals Acquisition Corp IIMTAL-U-100%
- Kpet Ultra PacelineKPET-U-100%
- SBA CommunicationsSBAC-100%
- Sun Ctry Airls HldgsSNCY-100%
- Infinite Eagle Acquisition CIEAGU-100%
- Versant Media GroupVSNT-100%
- Oneim AcquisitionOIMAU-100%
- Liberty EnergyLBRT-100%
- Daedalus Special AcquisitionDSAC-100%
- Liberty CapitalGLIBK-100%
- Colombier Acquisition Corp ICLBR-U-100%
- Hennessy CAP Invts Corp ViiiHCICU-100%
- Vine Hill CAP Invts Corp IIVHCPU-100%
- Crown CastleCCI-100%
- Hallador EnergyHNRG-100%
Holdings
- Blackstone Digital Infrastructure TrustBXDC
- Share
- 2.5%
- Value
- $65m
- Shares
- 2,985,000
New
- ShellSHEL
- Share
- 1.7%
- Value
- $45m
- Shares
- 583,688
-49%
- Bain Capital GSS InvestmentBCSS
- Share
- 1.6%
- Value
- $41m
- Shares
- 3,990,000
Held
- Electronic ArtsEA
- Share
- 1.2%
- Value
- $31m
- Shares
- 152,000
-33%
- Liberty BroadbandLBRDK
- Share
- 1.2%
- Value
- $31m
- Shares
- 920,781
Held
- Churchill CAP Corp XIICXIIU
- Share
- 1.1%
- Value
- $29m
- Shares
- 2,700,000
New
- Churchill Capital Corp IX
- Share
- 1.1%
- Value
- $29m
- Shares
- 2,633,582
Held
- Karbon Capital PartnersKBON
- Share
- 1.0%
- Value
- $27m
- Shares
- 2,632,752
Held
- Fortress Value Acquisition Corp. VFVAV
- Share
- 1.0%
- Value
- $25m
- Shares
- 2,475,000
Held
- General Catalyst GBL Resil MGCGRU
- Share
- 0.8%
- Value
- $21m
- Shares
- 2,000,000
New
- Barrick MiningB
- Share
- 0.8%
- Value
- $20m
- Shares
- 550,000
-18%
- Metals Acquisition Corp. IIMTAL
- Share
- 0.8%
- Value
- $20m
- Shares
- 1,980,000
New
- Honeywell AerospaceHONA
- Share
- 0.8%
- Value
- $20m
- Shares
- 90,001
New
- Liberty BroadbandLBRDA
- Share
- 0.6%
- Value
- $17m
- Shares
- 500,000
Held
- Gores Holdings XGTEN
- Share
- 0.6%
- Value
- $15m
- Shares
- 1,475,000
Held
- Infinite Eagle AcquisitionIEAG
- Share
- 0.6%
- Value
- $15m
- Shares
- 1,499,000
New
- Avalonbay CommunitiesAVB
- Share
- 0.6%
- Value
- $15m
- Shares
- 80,000
+38%
- OneIM AcquisitionOIM
- Share
- 0.5%
- Value
- $14m
- Shares
- 1,358,140
New
- American Exceptionalism Acquisition Corp. AAEXA
- Share
- 0.5%
- Value
- $13m
- Shares
- 1,100,000
-11%
- Colombier Acquisition Corp. IIICLBR
- Share
- 0.4%
- Value
- $10m
- Shares
- 1,000,000
New
- Oaktree Acquisition Corp. III Life SciencesOACC
- Share
- 0.4%
- Value
- $10m
- Shares
- 900,000
Held
- InfleqtionINFQ-WS
- Share
- 0.2%
- Value
- $5m
- Shares
- 762,500
Held
- Sunshine Silver Mining & RefiningSSMR
- Share
- 0.1%
- Value
- $3m
- Shares
- 237,000
New
- Alamos GoldAGI
- Share
- 0.1%
- Value
- $3m
- Shares
- 91,000
Held
- Churchill CAP Corp XICCXIW
- Share
- <0.1%
- Value
- $3m
- Shares
- 350,000
New
- Metals Acquisition Corp IIMTAL-WS
- Share
- <0.1%
- Value
- $726,000
- Shares
- 660,000
New
- Bain CAP GSS InvtBCSS-WS
- Share
- <0.1%
- Value
- $542,640
- Shares
- 798,000
Held
- Karbon CAP PartnersKBONW
- Share
- <0.1%
- Value
- $493,641
- Shares
- 658,188
Held
- Rare Earths AmericasREA
- Share
- <0.1%
- Value
- $458,400
- Shares
- 30,000
New
- Churchill Capital Corp IXCCIXW
- Share
- <0.1%
- Value
- $343,200
- Shares
- 440,000
Held
- Infinite Eagle AcquisitionIEAGR
- Share
- <0.1%
- Value
- $292,455
- Shares
- 1,499,000
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| ViasatVSAT | 6.6% | $174m | 1,942,000 | +71% |
| AerCap HoldingsAER | 5.0% | $131m | 900,000 | -10% |
| British American Tobacco p.l.c.BTI | 4.5% | $119m | 1,925,000 | Held |
| Marathon PetroleumMPC | 3.8% | $101m | 395,600 | Held |
| Enova InternationalENVA | 3.6% | $94m | 391,000 | Held |
| Acadian Asset ManagementAAMI | 3.6% | $94m | 1,308,000 | Held |
| Norfolk SouthernNSC | 3.3% | $88m | 279,800 | -12% |
| Union PacificUNP | 2.9% | $77m | 282,200 | +18% |
| Newmark GroupNMRK | 2.5% | $66m | 4,360,150 | Held |
| Blackstone Digital Infrastructure TrustBXDC | 2.5% | $65m | 2,985,000 | New |
| Apollo Global ManagementAPO | 2.4% | $64m | 540,000 | +65% |
| Capital One FinancialCOF | 2.3% | $60m | 300,000 | +88% |
| Churchill Capital Corp XICCXI | 2.1% | $55m | 3,150,000 | New |
| Somnigroup InternationalSGI | 1.9% | $50m | 632,000 | New |
| Warner Bros. DiscoveryWBD | 1.8% | $48m | 1,783,087 | -31% |
| Txnm EnergyTXNM | 1.8% | $46m | 812,554 | -44% |
| ShellSHEL | 1.7% | $45m | 583,688 | -49% |
| RokuROKU | 1.7% | $44m | 320,000 | New |
| Bristow GroupVTOL | 1.7% | $44m | 1,067,500 | -9% |
| Cardinal HealthCAH | 1.7% | $44m | 184,200 | -26% |
| Bain Capital GSS InvestmentBCSS | 1.6% | $41m | 3,990,000 | Held |
| WatersWAT | 1.5% | $40m | 105,500 | +15% |
| AshlandASH | 1.4% | $36m | 542,000 | Held |
| KenvueKVUE | 1.3% | $33m | 1,732,000 | Held |
| Electronic ArtsEA | 1.2% | $31m | 152,000 | -33% |
| NelnetNNI | 1.2% | $31m | 231,000 | Held |
| Liberty BroadbandLBRDK | 1.2% | $31m | 920,781 | Held |
| Churchill CAP Corp XIICXIIU | 1.1% | $29m | 2,700,000 | New |
| QorvoQRVO | 1.1% | $29m | 309,000 | Held |
| Churchill Capital Corp IX | 1.1% | $29m | 2,633,582 | Held |
| Atlas Energy SolutionsAESI | 1.0% | $27m | 1,618,000 | New |
| PenumbraPEN | 1.0% | $27m | 85,000 | Held |
| Karbon Capital PartnersKBON | 1.0% | $27m | 2,632,752 | Held |
| Phillips 66PSX | 1.0% | $25m | 149,600 | -37% |
| Constellation BrandsSTZ | 1.0% | $25m | 181,298 | -70% |
| Fortress Value Acquisition Corp. VFVAV | 1.0% | $25m | 2,475,000 | Held |
| TerawulfWULF | 0.8% | $22m | 882,000 | New |
| UnifirstUNF | 0.8% | $21m | 81,000 | Held |
| General Catalyst GBL Resil MGCGRU | 0.8% | $21m | 2,000,000 | New |
| Kimberly-ClarkKMB | 0.8% | $21m | 187,200 | Held |
| Sirius XM HoldingsSIRI | 0.8% | $20m | 692,775 | Held |
| Barrick MiningB | 0.8% | $20m | 550,000 | -18% |
| Metals Acquisition Corp. IIMTAL | 0.8% | $20m | 1,980,000 | New |
| Honeywell AerospaceHONA | 0.8% | $20m | 90,001 | New |
| Ardagh Metal PackagingAMBP | 0.7% | $19m | 4,000,000 | Held |
| Allegiant TravelALGT | 0.7% | $19m | 161,071 | New |
| Liberty BroadbandLBRDA | 0.6% | $17m | 500,000 | Held |
| BPBP | 0.6% | $16m | 435,000 | +98% |
| Camden Property TrustCPT | 0.6% | $16m | 137,000 | +46% |
| Liberty MediaFWONK | 0.6% | $16m | 164,000 | New |
| Gores Holdings XGTEN | 0.6% | $15m | 1,475,000 | Held |
| Invitation HomesINVH | 0.6% | $15m | 503,000 | +31% |
| Infinite Eagle AcquisitionIEAG | 0.6% | $15m | 1,499,000 | New |
| Avalonbay CommunitiesAVB | 0.6% | $15m | 80,000 | +38% |
| Liberty Live HoldingsLLYVK | 0.5% | $14m | 134,300 | Held |
| Revolution MedicinesRVMD | 0.5% | $14m | 75,400 | -26% |
| Perpetua ResourcesPPTA | 0.5% | $14m | 677,000 | -19% |
| Novagold ResourcesNG | 0.5% | $14m | 2,313,300 | -14% |
| OneIM AcquisitionOIM | 0.5% | $14m | 1,358,140 | New |
| TeleflexTFX | 0.5% | $14m | 107,000 | New |
| Delek US HoldingsDK | 0.5% | $13m | 265,287 | +27% |
| SinclairSBGI | 0.5% | $13m | 944,493 | -10% |
| American Exceptionalism Acquisition Corp. AAEXA | 0.5% | $13m | 1,100,000 | -11% |
| Centuri HoldingsCTRI | 0.5% | $13m | 414,080 | +4% |
| EchoStarECHO | 0.5% | $12m | 119,000 | -48% |
| Axalta Coating SystemsAXTA | 0.4% | $12m | 337,000 | -84% |
| TripAdvisorTRIP | 0.4% | $11m | 827,000 | New |
| Colombier Acquisition Corp. IIICLBR | 0.4% | $10m | 1,000,000 | New |
| SnapSNAP | 0.4% | $10m | 2,300,000 | -58% |
| Oaktree Acquisition Corp. III Life SciencesOACC | 0.4% | $10m | 900,000 | Held |
| Apollo Commercial Real Estate FinanceARI | 0.4% | $9m | 883,751 | Held |
| Telephone & Data SystemsTDS | 0.3% | $9m | 245,000 | -18% |
| Lionsgate StudiosLION | 0.3% | $8m | 494,000 | New |
| Liberty Live HoldingsLLYVA | 0.3% | $7m | 72,250 | Held |
| Optimum CommunicationsOPTU | 0.2% | $6m | 14,039,012 | -43% |
| EQTEQT | 0.2% | $6m | 110,400 | Held |
| Devon EnergyDVN | 0.2% | $6m | 134,400 | New |
| InfleqtionINFQ-WS | 0.2% | $5m | 762,500 | Held |
| Occidental PetroleumOXY | 0.2% | $5m | 104,900 | -33% |
| Venture GlobalVG | 0.2% | $5m | 451,000 | -46% |
| USA TodayTDAY | 0.2% | $4m | 500,000 | New |
| Range ResourcesRRC | 0.1% | $4m | 101,300 | Held |
| Antero ResourcesAR | 0.1% | $4m | 101,400 | Held |
| Expand EnergyEXE | 0.1% | $3m | 34,500 | Held |
| Sunshine Silver Mining & RefiningSSMR | 0.1% | $3m | 237,000 | New |
| Inhibrx BiosciencesINBX | 0.1% | $3m | 30,000 | New |
| Alamos GoldAGI | 0.1% | $3m | 91,000 | Held |
| ProPetro HoldingPUMP | 0.1% | $3m | 188,500 | New |
| Churchill CAP Corp XICCXIW | <0.1% | $3m | 350,000 | New |
| American Coastal InsuranceACIC | <0.1% | $3m | 230,877 | -80% |
| ChemoursCC | <0.1% | $3m | 124,000 | New |
| UWM HoldingsUWMC | <0.1% | $2m | 815,000 | New |
| Comstock ResourcesCRK | <0.1% | $2m | 118,900 | Held |
| Vir BiotechnologyVIR | <0.1% | $1m | 114,000 | -78% |
| Metals Acquisition Corp IIMTAL-WS | <0.1% | $726,000 | 660,000 | New |
| Bain CAP GSS InvtBCSS-WS | <0.1% | $542,640 | 798,000 | Held |
| Karbon CAP PartnersKBONW | <0.1% | $493,641 | 658,188 | Held |
| Rare Earths AmericasREA | <0.1% | $458,400 | 30,000 | New |
| Churchill Capital Corp IXCCIXW | <0.1% | $343,200 | 440,000 | Held |
| Infinite Eagle AcquisitionIEAGR | <0.1% | $292,455 | 1,499,000 | New |
Showing the largest 100 of 105.
Options (4)
- State STR Spdr S&P 500 ETF TSPY
- Type
- Put
- Value
- $65m
- Contracts
- 87,500
- Ishares TRIWM
- Type
- Put
- Value
- $54m
- Contracts
- 180,000
- Invesco QQQ TRQQQ
- Type
- Put
- Value
- $33m
- Contracts
- 45,000
- Vaneck ETF TrustSMH
- Type
- Put
- Value
- $33m
- Contracts
- 50,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| State STR Spdr S&P 500 ETF TSPY | Put | $65m | 87,500 |
| Ishares TRIWM | Put | $54m | 180,000 |
| Invesco QQQ TRQQQ | Put | $33m | 45,000 |
| Vaneck ETF TrustSMH | Put | $33m | 50,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 36.8% since 30 June 2025.
Where the money is
Financial services21.3%
Media & telecom15.3%
Industrials12.2%
Energy8.2%
Technology8.1%
Everyday goods7.5%
Real estate7.1%
Health care5.4%
Materials4.0%
Retail & consumer3.5%
Utilities2.4%
Other5.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.