Returns–Not enough quarters yet
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| Taylor Morrison Home CorpCUSIP 87724P106 | $215.4M | 12.5% | New |
| Chart Inds IncCUSIP 16115Q308 | $181.0M | 10.5% | +37.1% |
| Nuvalent IncCUSIP 670703107 | $103.4M | 6.0% | New |
| National Storage AffiliatesCUSIP 637870106 | $92.0M | 5.4% | +14.0% |
| Apogee Therapeutics IncCUSIP 03770N101 | $83.0M | 4.8% | New |
| Sila Realty Trust IncCUSIP 146280508 | $74.6M | 4.3% | New |
| Webster Finl CorpCUSIP 947890109 | $64.9M | 3.8% | +70.4% |
| Janus Henderson Group PLCCUSIP G4474Y214 | $62.1M | 3.6% | New |
| Electronic Arts IncCUSIP 285512109 | $49.2M | 2.9% | −40.9% |
| Topbuild CorCUSIP 89055F103 | $46.9M | 2.7% | New |
| Avanos Med IncCUSIP 05350V106 | $29.5M | 1.7% | New |
| Launch One Acquisition CorpCUSIP G5S86M100 | $22.4M | 1.3% | |
| Digitalbridge Group IncCUSIP 25401T603 | $21.2M | 1.2% | +1409.0% |
| Whitestone ReitCUSIP 966084204 | $20.6M | 1.2% | New |
| Siddhi Acquisition CorpCUSIP G8118C124 | $13.6M | 0.8% | |
| PSBDPalmer Square Capital Bdc In | $13.4M | 0.8% | |
| Catalyst Pharmaceuticals IncCUSIP 14888U101 | $13.1M | 0.8% | New |
| Ares Acquisition Corp IIICUSIP G3303U112 | $12.5M | 0.7% | New |
| CZRCaesars Entertainment Inc Ne | $12.1M | 0.7% | New |
| Global Business Travel GroupCUSIP 37890B100 | $11.7M | 0.7% | New |
| Vendome Acquisition Corp ICUSIP G9580A109 | $11.1M | 0.6% | |
| CHYMChime Finl Inc | $11.0M | 0.6% | |
| Soulpower Acquisition CorpCUSIP G82745103 | $10.8M | 0.6% | |
| Drugs Made In Amer Acq II CoCUSIP G2851K104 | $10.7M | 0.6% | |
| Cantor Equity Partners Iv InCUSIP G1828E100 | $10.4M | 0.6% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| National Storage AffiliatesCUSIP 637870106 | March 31, 2026 | +17.8% | $92.0M |
| Agriculture & Nat Sol Acq CoCUSIP G0131Y100 | June 30, 2024 | +11.5% | $8.0M |
| Webster Finl CorpCUSIP 947890109 | March 31, 2026 | +10.1% | $64.9M |
| Launch One Acquisition CorpCUSIP G5S86M100 | September 30, 2024 | +8.6% | $22.4M |
| Charlton Aria Acquisition CoCUSIP G9877L107 | December 31, 2024 | +8.4% | $9.0M |
| Graf Global CorpCUSIP G4036C106 | September 30, 2024 | +8.4% | $7.3M |
| Lionheart HoldingsCUSIP G5501C109 | September 30, 2024 | +7.7% | $9.2M |
| Newhold Invt Corp IIICUSIP G6486E102 | June 30, 2025 | +7.1% | $10.0M |
| Drugs Made In Amer Acqutn CoCUSIP G2847J104 | March 31, 2025 | +6.3% | $8.4M |
| Collective Acquisition CorpCUSIP G2867S109 | June 30, 2025 | +3.8% | $7.3M |
Sold off last quarter
- Hologic IncCUSIP 436440101 was $100.4M
- Sealed Air Corp NewCUSIP 81211K100 was $98.2M
- Masimo CorpCUSIP 574795100 was $85.3M
- Tri Pointe Homes IncCUSIP 87265H109 was $74.7M
- Air Lease CorpCUSIP 00912X302 was $63.4M
- Clearwater Analytics Hldgs ICUSIP 185123106 was $50.9M
- Terns Pharmaceuticals IncCUSIP 880881107 was $47.7M
- Veris Residential IncCUSIP 554489104 was $46.8M
- Onestream IncCUSIP 68278B107 was $44.2M
- Day One Biopharmaceuticals ICUSIP 23954D109 was $32.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −2.6% | +14.8% |
| December 31, 2025 | −0.0% | +2.4% |
| September 30, 2025 | −1.9% | +7.8% |
| June 30, 2025 | −0.6% | +10.5% |
| March 31, 2025 | −3.5% | −4.6% |
| December 31, 2024 | +0.4% | +2.1% |
| September 30, 2024 | −0.5% | +5.4% |
| June 30, 2024 | −4.2% | +4.0% |
| March 31, 2024 | +1.2% | +10.0% |
| December 31, 2023 | −6.6% | +11.2% |
| September 30, 2022 | +2.1% | −5.3% |
| June 30, 2022 | −2.6% | −16.5% |
| March 31, 2022 | −1.5% | −4.9% |
| September 30, 2021 | +5.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: First Trust Capital Management L.P. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1604488&type=13F-HR&dateb=&owner=include&count=40CIK 1604488
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1604488/000160448826000083/Filed August 13, 2026 · accession 0001604488-26-000083