Atlas Merchant Capital 13F annual report

Atlas Merchant Capital is an investment fund managing more than $194 billion ran by Timothy Kacani. There are currently 45 companies in Mr. Kacani’s portfolio. The largest investments include Churchill Capital Corp VII and Slam Corp, together worth $83 billion.

$194 billion Assets Under Management (AUM)

As of 7th August 2024, Atlas Merchant Capital’s top holding is 6,257,718 shares of Churchill Capital Corp VII currently worth over $67.4 billion and making up 34.8% of the portfolio value. Relative to the number of outstanding shares of Churchill Capital Corp VII, Atlas Merchant Capital owns less than approximately 0.1% of the company. In addition, the fund holds 1,405,000 shares of Slam Corp worth $15.6 billion. The third-largest holding is Tortoiseecofin Acquisition C worth $12.7 billion and the next is Project Energy Reimagined Ac worth $8.22 billion, with 760,000 shares owned.

Currently, Atlas Merchant Capital's portfolio is worth at least $194 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 Atlas Merchant Capital

The Atlas Merchant Capital office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Timothy Kacani serves as the Chief Operating Officer at Atlas Merchant Capital.

Recent trades

In the most recent 13F filing, Atlas Merchant Capital revealed that it had opened a new position in Project Energy Reimagined Ac and bought 760,000 shares worth $8.22 billion.

The investment fund also strengthened its position in Tristar Acquisition I by buying 200,000 additional shares. This makes their stake in Tristar Acquisition I total 400,000 shares worth $4.46 billion. Tristar Acquisition I dropped approximately 0.1% in the past year.

On the other hand, there are companies that Atlas Merchant Capital is getting rid of from its portfolio. Atlas Merchant Capital closed its position in Gores Holdings Ix Inc on 14th August 2024. It sold the previously owned 2,402,081 shares for $24.6 billion. Timothy Kacani also disclosed a decreased stake in Zalatoris Acquisition Corp by 0.8%. This leaves the value of the investment at $897 million and 80,984 shares.

One of the smallest hedge funds

The two most similar investment funds to Atlas Merchant Capital are Littlejohn & Co and Weitzel Services. They manage $194 billion and $194 billion respectively.


Timothy Kacani investment strategy

Atlas Merchant Capital’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Finance — making up 34.8% of the total portfolio value. The fund focuses on investments in the United States as 4.4% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 4% of the total holdings value. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $470 million.

The complete list of Atlas Merchant Capital trades based on 13F SEC filings

These positions were updated on August 14th 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
Churchill Capital Corp VII
No change
6,257,718
$67,395,623,000 34.76%
Gores Holdings Ix Inc
Closed
2,402,081
$24,621,330,000
Churchill Capital Corp VI
Closed
1,738,372
$17,905,232,000
Slam Corp
No change
1,405,000
$15,637,650,000 8.06%
Corsair Partnering Corp
Closed
1,342,170
$13,904,881,000
Ares Acquisition Corporation
Closed
1,303,000
$13,772,710,000
Tortoiseecofin Acquisition C
No change
1,164,542
$12,716,799,000 6.56%
Screaming Eagle Acquisitn Co
Closed
1,169,500
$12,069,240,000
Stratim Cloud Acquisition Co
Closed
936,371
$9,672,712,000
Apollo Strategic Grwt Cptl I
Closed
900,000
$9,297,000,000
Anzu Special Acquisitin Corp
Closed
900,000
$9,225,000,000
Project Energy Reimagined Ac
Opened
760,000
$8,223,200,000 4.24%
Acropolis Infrastructure Acq
Closed
800,000
$8,120,000,000
Elliott Opportunity Ii Corp
Closed
750,000
$7,770,000,000
Papaya Grwt Opportunity Corp
Closed
688,900
$7,302,340,000
Prime No Acquisition I Corp
Closed
636,858
$6,712,483,000
Artemis Strategic Invt Corp
Closed
621,621
$6,614,047,000
Bite Acquisition Corp
No change
518,293
$6,478,663,000 3.34%
KnightSwan Acquisition Corp
Closed
550,000
$5,813,500,000
Rigel Resource Acq Corp
Opened
500,000
$5,665,000,000 2.92%
Focus Impact Acquisition Cor
No change
500,000
$5,575,000,000 2.88%
Compass Digital Acquisitn Co
Opened
500,000
$5,440,000,000 2.81%
Ftac Emerald Acquisition Cor
Opened
500,000
$5,390,000,000 2.78%
Hennessy Capital Invst Corp
Opened
500,000
$5,275,000,000 2.72%
Goal Acquisitions Corp
Closed
500,000
$5,190,000,000
Two
Closed
500,000
$5,150,000,000
Freedom Acquisition I Cor
Closed
450,000
$4,770,000,000
Ef Hutton Acquisition Corp I
Closed
450,000
$4,675,500,000
Mobiv Acquisition Corp
Closed
440,901
$4,660,324,000
Tristar Acquisition I Corp.
100.00%
400,000
$4,460,000,000 2.30%
The Growth For Good Acqu Cor
Closed
425,000
$4,437,000,000
Axonprime Infrstctr Aqstn Co
Closed
425,000
$4,373,250,000
Patria Latin Amrcn Opprnty A
Closed
400,000
$4,296,000,000
Dp Cap Acquisition Corp I
Closed
400,000
$4,220,000,000
Chain Bridge I
Closed
400,000
$4,200,000,000
Globalink Invt Inc
No change
369,565
$4,190,867,000 2.16%
Shoulderup Technology Acquis
Closed
400,000
$4,164,000,000
Northern Star Invest Corp Ii
Closed
400,000
$4,160,000,000
Northern Star Invest Corp Iv
Closed
400,000
$4,156,000,000
Dhc Acquisition Corp
Closed
400,000
$4,108,000,000
Altimar Acquisition Corp. III
Closed
400,000
$4,108,000,000
Crown PropTech Acquisitions
Closed
400,000
$4,092,000,000
Sk Growth Opportunities Corp
46.28%
365,700
$4,066,584,000 2.10%
Silverspac Inc
Closed
369,500
$3,839,105,000
Tlgy Acquisition Corporation
Closed
350,000
$3,776,500,000
Alpha Star Acquisition Corp
No change
323,294
$3,737,279,000 1.93%
Southport Acquisition Corp
Closed
350,000
$3,682,000,000
Atlantic Coastal Aqstn Corp
Closed
350,000
$3,671,500,000
Clean Earth Acquisitions Cor
Closed
350,000
$3,668,000,000
7gc & Co Holdings Inc
Closed
330,000
$3,473,250,000
Generation Asia I Acquisitio
Closed
325,000
$3,419,000,000
Thunder Brdg Cap Prtnrs Iv I
Closed
324,248
$3,334,793,000
Gigcapital 5 Inc
Closed
300,000
$3,195,000,000
Kensington Capital Acquisiti
Closed
299,077
$3,158,253,000
PROOF Acquisition Corp I
Closed
294,180
$3,109,483,000
Clover Leaf Capital Corp
No change
250,000
$3,030,000,000 1.56%
Battery Future Acquisition C
Closed
280,760
$2,976,056,000
Php Ventures Acquisition Cor
Closed
270,000
$2,894,400,000
Black Mountain Acq Corp
Closed
268,300
$2,843,980,000
Everest Consolidator Acq Cor
Opened
250,000
$2,817,500,000 1.45%
Cslm Acquisition Corp
No change
250,000
$2,810,000,000 1.45%
Fg Merger Corp
Closed
261,000
$2,761,380,000
Pearl Holdings Acquisitn Cor
Opened
250,000
$2,755,000,000 1.42%
Burtech Acquisition Corp
No change
238,485
$2,651,953,000 1.37%
Capitalworks Emng Mkts Acqst
Closed
250,000
$2,647,500,000
Yotta Acquisition Corporatio
Closed
250,000
$2,620,000,000
Da32 Life Scnce Tec Acqstn C
Closed
247,193
$2,536,200,000
Social Cap Suvretta Hlds Crp
Closed
230,000
$2,381,650,000
Interprivate Iii Financial P
Closed
199,000
$2,334,270,000
Global Partner Acqistn Corp
Opened
200,000
$2,326,000,000 1.20%
Infinite Acquisition Corp.
Closed
220,000
$2,325,400,000
Spring Valley Acquistn Corp
No change
200,000
$2,222,000,000 1.15%
Welsbach Tech Metals Acqu Co
Opened
200,000
$2,218,000,000 1.14%
M3-Brigade Acquisition III Corp.
Closed
210,000
$2,194,500,000
Perception Capital Corp Iii
Opened
200,000
$2,172,000,000 1.12%
AP Acquisition Corp
Closed
200,000
$2,152,000,000
African Gold Acquisition Cor
Closed
200,000
$2,112,000,000
Moringa Acquisition Corp
Closed
200,000
$2,104,000,000
Twelve Seas Investment Co Ii
Closed
200,000
$2,072,000,000
Belong Acquisition Corp
Closed
200,000
$2,048,000,000
Uta Acquisition Corporation
Closed
180,044
$1,903,065,000
Quantum Fintech Acquistin Co
Closed
156,734
$1,628,466,000
Embrace Change Acquisitn Cor
No change
144,100
$1,622,566,000 0.84%
Bleuacacia Ltd
No change
149,896
$1,611,382,000 0.83%
Insight Acquisition Corp
Closed
150,000
$1,564,500,000
Healthwell Acquisition Corp
Closed
150,000
$1,542,000,000
Aura Fat Projs Acquisition C
Opened
130,000
$1,475,500,000 0.76%
Iconic Sports Acquisition Corp.
Closed
135,000
$1,437,750,000
Data Knights Acquisition Cor
Closed
130,000
$1,422,200,000
Goldenstone Acquisition Ltd
Closed
133,320
$1,415,858,000
Distoken Acquisition Corp
Closed
133,962
$1,385,167,000
Israel Acquisitions Corp
No change
125,000
$1,377,500,000 0.71%
Envoy Medical Inc
Opened
555,527
$1,311,044,000 0.68%
Target Hospitality Corp.
Opened
150,000
$1,306,500,000 0.67%
Afternext Healthtech Acquisi
Closed
125,000
$1,295,000,000
Flame Acquisition Corp
Closed
125,000
$1,283,750,000
Metal Sky Star Acquisition C
Closed
100,000
$1,210,000,000
Kairous Acquisition Corp Ltd
Opened
100,000
$1,205,000,000 0.62%
Social Cap Suvretta Hlds Cp
Closed
105,000
$1,086,750,000
Evergreen Corporation
Closed
100,000
$1,086,000,000
Global Systems Dynamics Inc
Closed
100,000
$1,077,000,000
Forbion European Acqustn Cor
Closed
100,000
$1,073,000,000
Blue Ocean Acquisition Corp
Closed
100,000
$1,057,000,000
Bannix Acquisition Corp
Closed
100,000
$1,048,000,000
L Catterton Asia Acquisition
Closed
100,000
$1,047,000,000
Springwater Spl Situations C
Closed
100,000
$1,034,000,000
Revelstone Capital Acqstn Co
Closed
100,000
$1,033,000,000
Colombier Acquisition Corp I
Opened
100,000
$1,027,500,000 0.53%
Caesars Entertainment Inc Ne
Opened
25,000
$993,500,000 0.51%
Zalatoris Acquisition Corp
78.74%
80,984
$897,303,000 0.46%
iHeartMedia, Inc.
Closed
240,000
$873,600,000
A Spac I Acquisition Corp
Closed
80,000
$844,000,000
AltC Acquisition Corp.
Closed
75,000
$782,250,000
Fintech Ecosystem Deve
Closed
64,340
$680,074,000
Brand Engagement Network Inc
Opened
175,000
$603,750,000 0.31%
Vision Sensing Acquisition C
No change
50,000
$578,750,000 0.30%
Fast Acquisition Corp Ii
Closed
55,000
$572,550,000
Bioplus Acquisition Corp
Closed
50,000
$532,500,000
Logistic Properties Of The A
Opened
112,500
$531,563,000 0.27%
Bowen Acquisition Corp
Opened
50,000
$527,500,000 0.27%
Mars Acquisition Corp
Closed
50,000
$525,000,000
Global Star Acquisition Inc
Closed
50,000
$523,000,000
Warrior Met Coal Inc
Closed
13,300
$518,035,000
Urban One Inc
Opened
200,000
$398,000,000 0.21%
Tmt Acquisition Corp
No change
35,000
$385,000,000 0.20%
Achari Ventures Hldgs Corp I
Closed
25,000
$269,000,000
Iron Horse Acquisitions Corp
Opened
25,000
$251,500,000 0.13%
Target Global Acquisi I Corp
No change
21,110
$239,599,000 0.12%
Ai Transn Acquisition Corp
Opened
20,000
$207,200,000 0.11%
Complete Solaria Inc
Opened
60,000
$67,200,000 0.03%
Qt Imaging Hldgs Inc
Opened
45,000
$33,255,000 0.02%
Banzai International Inc
Opened
41,250
$7,013,000 0.00%
No transactions found
Showing first 500 out of 132 holdings