Spartan Fund Management 13F annual report

Spartan Fund Management is an investment fund managing more than $33.4 billion ran by Gary Ostich. There are currently 56 companies in Mr. Ostich’s portfolio. The largest investments include Teva Pharmaceutical Inds Ltd and Zalatoris Ii Acquisition Cor, together worth $4.49 billion.

Limited to 30 biggest holdings

$33.4 billion Assets Under Management (AUM)

As of 24th July 2024, Spartan Fund Management’s top holding is 148,300 shares of Teva Pharmaceutical Inds Ltd currently worth over $2.41 billion and making up 7.2% of the portfolio value. In addition, the fund holds 189,950 shares of Zalatoris Ii Acquisition Cor worth $2.08 billion. The third-largest holding is Tristar Acquisition I worth $1.94 billion and the next is Mountain Co I Acquisitn Co worth $1.72 billion, with 147,934 shares owned.

Currently, Spartan Fund Management's portfolio is worth at least $33.4 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Spartan Fund Management

The Spartan Fund Management office and employees reside in Toronto, Ontario, Canada (federal Level). According to the last 13-F report filed with the SEC, Gary Ostich serves as the President at Spartan Fund Management.

Recent trades

In the most recent 13F filing, Spartan Fund Management revealed that it had opened a new position in Embrace Change Acquisitn Cor and bought 150,000 shares worth $1.69 billion.

The investment fund also strengthened its position in Teva Pharmaceutical Inds Ltd by buying 200 additional shares. This makes their stake in Teva Pharmaceutical Inds Ltd total 148,300 shares worth $2.41 billion.

On the other hand, there are companies that Spartan Fund Management is getting rid of from its portfolio. Spartan Fund Management closed its position in Global Star Acquisition Inc on 31st July 2024. It sold the previously owned 204,333 shares for $2.19 billion. Gary Ostich also disclosed a decreased stake in Tristar Acquisition I by 0.1%. This leaves the value of the investment at $1.94 billion and 173,812 shares.

One of the smallest hedge funds

The two most similar investment funds to Spartan Fund Management are Anchorage Capital Advisors, L.P. and Merlin Capital, Inc. They manage $33.5 billion and $33.5 billion respectively.

Gary Ostich investment strategy

Spartan Fund Management’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Finance — making up 13.6% of the total portfolio value. The fund focuses on investments in the United States as 21.4% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 7% of the total holdings value. On the other hand, small-cap stocks make up only 5.4% of the portfolio. The average market cap of the portfolio companies is close to $22.1 billion.

The complete list of Spartan Fund Management trades based on 13F SEC filings

These positions were updated on July 31st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Teva Pharmaceutical Inds Ltd	0.14% 148,300	$2,409,875,000	7.22%
Global Star Acquisition Inc	Closed 204,333	$2,190,450,000
Zalatoris Ii Acquisition Cor	No change 189,950	$2,079,952,000	6.23%
Tristar Acquisition I Corp.	13.09% 173,812	$1,938,004,000	5.80%
Monterey Cap Acquisition Cor	Closed 173,233	$1,921,154,000
Valuence Merger Corp I	Closed 163,039	$1,852,123,000
Tenx Keane Acquisition	Closed 165,000	$1,826,550,000
Fintech Ecosystem Deve	Closed 165,502	$1,820,522,000
Mountain Co I Acquisitn Co	132.87% 147,934	$1,721,952,000	5.16%
Embrace Change Acquisitn Cor	Opened 150,000	$1,687,500,000	5.05%
Kensington Capital Acquisiti	0.06% 150,084	$1,663,681,000	4.98%
Sprott Inc.	50.89% 28,978	$1,643,922,000	4.92%
Pegasus Digital Mobility Acq	Closed 137,249	$1,542,679,000
Pyrophyte Acquisition Corp.	Opened 128,659	$1,473,146,000	4.41%
Four Leaf Acquisition Corp	Closed 135,757	$1,454,636,000
Chenghe Acquisition I Co	No change 125,000	$1,422,500,000	4.26%
Integrated Wellness Acq Corp	9.72% 121,134	$1,402,732,000	4.20%
Hennessy Capital Invst Corp	274.88% 126,405	$1,333,573,000	3.99%
Learn Cw Investment Cor	78,183.67% 115,077	$1,254,339,000	3.76%
Ishares Tr	Closed 22,300	$2,166,663,000
Ford Mtr Co Del	31.29% 94,400	$1,183,776,000	3.54%
Rigel Resource Acq Corp	55.63% 100,000	$1,133,000,000	3.39%
Goldenstone Acquisition Ltd	Closed 98,624	$1,086,343,000
Inception Growth Acqustn Ltd	Closed 95,916	$1,042,607,000
Viemed Healthcare Inc	2.26% 149,427	$978,747,000	2.93%
Zalatoris Acquisition Corp	No change 87,857	$970,820,000	2.91%
Bynordic Acquisition Corp	Opened 85,538	$965,724,000	2.89%
Fortune Rise Acquisition Cor	172.84% 85,399	$960,739,000	2.88%
Horizon Space Acqustn I Corp	Opened 82,833	$912,820,000	2.73%
Enphys Acquisition Corp.	Opened 75,000	$823,500,000	2.47%
Thunder Brdg Cap Prtnrs Iv I	Closed 76,616	$785,314,000
SDCL EDGE Acquisition Corp	3,070.93% 65,892	$733,378,000	2.20%
Aquaron Acquisition Corp	Closed 66,844	$723,252,000
OCA Acquisition Corp.	23.15% 53,203	$595,342,000	1.78%
Battery Future Acquisition C	11,925.36% 50,747	$561,262,000	1.68%
Tortoiseecofin Acquisition C	33.12% 50,000	$546,500,000	1.64%
Restaurant Brands International Inc	Opened 5,000	$482,000,000	1.44%
Ross Acquisition Corp Ii	Closed 42,963	$476,030,000
Evergreen Corporation	Closed 41,183	$466,192,000
Apx Acquisition Corp I	90.76% 38,442	$446,312,000	1.34%
Perception Capital Corp Iii	Closed 37,549	$401,399,000
Infint Acquisition Corp	165,722.22% 29,848	$348,028,000	1.04%
Plutonian Acquisition Corp	Closed 23,158	$248,485,000
Cslm Acquisition Corp	72.44% 20,253	$227,644,000	0.68%
Generation Asia I Acquisitio	Closed 20,000	$220,600,000
Everest Consolidator Acq Cor	Closed 16,958	$189,421,000
Blue World Acquisition Corp	Closed 16,257	$181,753,000
Sable Offshore Corp	Opened 10,759	$162,138,000	0.49%
Bank Nova Scotia Halifax	Opened 2,580	$161,456,000	0.48%
Antero Resources Corp	10.00% 4,500	$146,835,000	0.44%
Slam Corp	12.41% 13,042	$144,766,000	0.43%
Fidelity Wise Origin Bitcoin	No change 2,500	$131,150,000	0.39%
Uranium Rty Corp	No change 38,395	$119,024,000	0.36%
NexGen Energy Ltd	No change 11,217	$107,010,000	0.32%
Pfizer Inc.	No change 3,000	$83,940,000	0.25%
Vital Energy Inc	35.46% 1,567	$70,233,000	0.21%
Denison Mines Corp	No change 25,000	$68,500,000	0.21%
Ovintiv Inc	24.75% 1,216	$56,994,000	0.17%
Valaris Ltd	No change 500	$37,250,000	0.11%
Getty Images Holdings Inc	Opened 10,000	$32,600,000	0.10%
Intel Corp.	Opened 1,000	$30,970,000	0.09%
Arcus Biosciences Inc	No change 2,000	$30,460,000	0.09%
Krispy Kreme, Inc.	100.00% 2,000	$21,520,000	0.06%
First Majestic Silver Corporation	No change 2,628	$21,287,000	0.06%
Tidewater Inc.	No change 200	$19,042,000	0.06%
Spring Valley Acquistn Corp	Opened 1,553	$17,254,000	0.05%
iHeartMedia, Inc.	Closed 5,000	$10,450,000
Byrna Technologies Inc	Opened 1,000	$9,980,000	0.03%
AP Acquisition Corp	Opened 645	$7,385,000	0.02%
Limoneira Co	Opened 321	$6,680,000	0.02%
AltC Acquisition Corp.	Closed 500	$5,710,000
Andretti Acquisition Corp.	Closed 400	$5,440,000
Tlgy Acquisition Corporation	Opened 300	$3,429,000	0.01%
Cadiz Inc.	94.08% 651	$2,012,000	0.01%
Perception Capital Corp Iv	Opened 111	$1,258,000	0.00%
Eve Mobility Acquisition Cor	Closed 77	$843,000
Direct Selling Acquisitin Co	99.96% 72	$804,000	0.00%
Bukit Jalil Gbl Acquisition	Opened 11	$119,000	0.00%
Target Global Acquisi I Corp	Closed 1	$11,000
Global Lights Acquisition Co	Opened 1	$10,000	0.00%
No transactions found
Showing first 500 out of 80 holdings