1y return+80.5%S&P 500 +20.9%
3y return+117.1%S&P 500 +68.5%
5y return+117.6%S&P 500 +74.5%
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.
$100 invested in its stock picks
Since September 30, 2019: $265 against $252 in the S&P 500.2
Owl Creek Asset Management, L.P.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| ATEXAnterix Inc | $557.1M | 49.4% | |
| RJETRepublic Awys Hldgs Inc | $89.9M | 8.0% | +1.1% |
| PCGPg&e Corp | $79.5M | 7.0% | +69.7% |
| Ftai Aviation LtdCUSIP G3730V105 | $34.5M | 3.1% | −37.9% |
| APPApplovin Corp | $28.0M | 2.5% | +538.0% |
| ALKAlaska Air Group Inc | $25.2M | 2.2% | +206.8% |
| ARESAres Management Corporation | $24.5M | 2.2% | New |
| DASHDoordash Inc | $24.0M | 2.1% | New |
| VSTVistra Corp | $23.8M | 2.1% | +134.9% |
| Royal Caribbean GroupCUSIP V7780T103 | $22.2M | 2.0% | New |
| TLNTalen Energy Corp | $21.2M | 1.9% | −13.9% |
| UBERUber Technologies Inc | $19.7M | 1.7% | New |
| UALUnited Airls Hldgs Inc | $18.7M | 1.7% | New |
| SKYWSkywest Inc | $18.3M | 1.6% | −43.7% |
| AIVApartment Invt & Mgmt Co | $17.6M | 1.6% | +96.1% |
| Carnival Corp LtdCUSIP G2004J103 | $16.3M | 1.4% | New |
| RKTRocket Cos Inc | $16.1M | 1.4% | New |
| Flex LtdCUSIP Y2573F102 | $14.7M | 1.3% | New |
| UWMCUwm Holdings Corporation | $11.2M | 1.0% | New |
| MLCOMelco Resorts And Entmnt Ltd | $9.1M | 0.8% | New |
| SESea Ltd | $8.9M | 0.8% | New |
| CYHCommunity Health Sys Inc New | $8.5M | 0.7% | |
| BWXTBwx Technologies Inc | $7.5M | 0.7% | −2.4% |
| MSFTMicrosoft Corp | $7.0M | 0.6% | New |
| METAMeta Platforms Inc | $6.9M | 0.6% | New |
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 |
|---|---|---|---|
| Ftai Aviation LtdCUSIP G3730V105 | March 31, 2025 | +143.7% | $34.5M |
| ATEXAnterix Inc | June 30, 2020 | +127.0% | $557.1M |
| PCGPg&e Corp | June 30, 2020 | +89.6% | $79.5M |
| ALKAlaska Air Group Inc | March 31, 2026 | +41.9% | $25.2M |
| TLNTalen Energy Corp | June 30, 2025 | +32.2% | $21.2M |
| RJETRepublic Awys Hldgs Inc | December 31, 2025 | +14.4% | $89.9M |
| BWXTBwx Technologies Inc | September 30, 2025 | +5.6% | $7.5M |
| SKYWSkywest Inc | June 30, 2025 | −3.5% | $18.3M |
| Spotify Technology S ACUSIP L8681T102 | March 31, 2026 | −5.3% | $1.1M |
| CYHCommunity Health Sys Inc New | June 30, 2022 | −10.9% | $8.5M |
Sold off last quarter
- ISRGIntuitive Surgical Inc was $7.9M
- INTUIntuit was $5.9M
- NVDANvidia Corporation was $3.7M
- GEGe Aerospace was $3.2M
- AMZNAmazon Com Inc was $3.0M
- HWMHowmet Aerospace Inc was $1.6M
- Bitcoin Depot IncCUSIP 09174P303 was $1.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +72.3% | +14.8% |
| March 31, 2026 | +4.1% | −4.6% |
| December 31, 2025 | −1.5% | +2.4% |
| September 30, 2025 | +2.2% | +7.8% |
| June 30, 2025 | −7.7% | +10.5% |
| March 31, 2025 | +5.0% | −4.6% |
| December 31, 2024 | −8.1% | +2.1% |
| September 30, 2024 | +4.8% | +5.4% |
| June 30, 2024 | +7.8% | +4.0% |
| March 31, 2024 | +11.0% | +10.0% |
| December 31, 2023 | +9.2% | +11.2% |
| September 30, 2023 | −1.4% | −3.6% |
| June 30, 2023 | +7.9% | +8.3% |
| March 31, 2023 | +2.5% | +7.0% |
| December 31, 2022 | +7.3% | +7.1% |
| September 30, 2022 | +3.5% | −5.3% |
| June 30, 2022 | −13.5% | −16.5% |
| March 31, 2022 | −2.7% | −4.9% |
| December 31, 2021 | +0.9% | +10.7% |
| September 30, 2021 | −4.0% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Owl Creek Asset Management, L.P. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1313756&type=13F-HR&dateb=&owner=include&count=40CIK 1313756
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1313756/000117266126003787/Filed August 14, 2026 · accession 0001172661-26-003787