Owl Creek Asset Management portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Owl Creek Asset Management reported a $1.1 bn portfolio of 31 positions to the SEC as of the end of Q2 2026. Its largest positions are ATEX, RJET, PCG. During the quarter it opened Ares Management and DoorDash.
Sections with a free account
What it reported after the quarter end (Q2 2026)
The 13F shows the portfolio as of Jun 30, 2026. Since then Owl Creek Asset Management has filed these own trades with the SEC (Form 4, when it owns more than 10% of a company or holds a role in it) and stakes above 5% (13D and 13G). It is not everything it did: only what it must report before the next 13F.
What changed this quarter
35 positions with a change (17 new, 6 added to, 6 trimmed, 6 sold); also, 1 exited through an acquisition or merger. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Pg&e+70%more sharesIncreased9.5% → 7.0%
- Ares Management+2.2 ppof portfolioNew— → 2.2%
- DoorDash+2.1 ppof portfolioNew— → 2.1%
- AppLovin+538%more sharesIncreased0.7% → 2.5%
- Royal Caribbean Cruises+2.0 ppof portfolioNew— → 2.0%
- Ftai Aviation−38%fewer sharesReduced9.7% → 3.1%
- Uber Technologies+1.7 ppof portfolioNew— → 1.7%
- United Airlines Holdings+1.7 ppof portfolioNew— → 1.7%
- Alaska Air Group+207%more sharesIncreased1.1% → 2.2%
- Carnival+1.4 ppof portfolioNew— → 1.4%
- Rocket Companies+1.4 ppof portfolioNew— → 1.4%
- Flex+1.3 ppof portfolioNew— → 1.3%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- AnterixATEX49.4%
- Republic Airways HoldingsRJET8.0%
- Pg&ePCG7.0%
- FTAI AviationFTAI3.1%
- AppLovinAPP2.5%
- Alaska Air GroupALK2.2%
- ARES ManagementARES2.2%
- DoorDashDASH2.1%
- Vistra OperationsVST2.1%
- Royal Caribbean CruisesRCL2.0%
- Talen EnergyTLN1.9%
- UBER TechnologiesUBER1.7%
- United Airlines HoldingsUAL1.7%
- SkywestSKYW1.6%
- Apartment Investment and ManagementAIV1.6%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Communication Services 50%
- ● Industrials 19%
- ● Utilities 11%
- ● Consumer Discretionary 7%
- ● Information Technology 5%
- ● Financials 5%
- ● Real Estate 2%
- ● Health Care 1%
How its portfolio changed (8 quarters)
Q2 2026: 31
Q2 2026: 81%
Q2 2026: 17.1%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Declared options (3)
Besides stocks, Owl Creek Asset Management declared 1 put (they gain if the stock falls) and 2 calls (they gain if it rises) with a notional of $81.1M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- CALLMicrosoftMSFT$47.1M
- CALLKranesh CSI China Internet ETFKWEBnew this quarter$23.8M
- PUTIsharesEWYnew this quarter$10.2M
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Apr 10, 2026 (high confidence).
The data, as reported: OWL CREEK ASSET MANAGEMENT, L.P. (CRD 139371): 7.B private funds: 6 hedge, 1 pe (gross assets $2.4 bn); 5.D assets by client type: pooled vehicles 100% (of $2.5 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
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