Empyrean Capital Partners, LP — 13F Holdings & Portfolio
CIK 1317195 · latest 13F-HR filed 2026-08-14
Empyrean Capital Partners, LP manages $3.03B in 13F-reported U.S. long-equity assets across 122 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VSAT (5.76%), AER (4.33%), BTI (3.93%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 39 new positions and exited 44; 31 existing positions rose in reported value and 32 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-14
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 35.5%Cumulative share of the portfolio held in the largest N positions.
SUITE 2950
LOS ANGELES, CA 90067
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| BERGREN, PETER, CHARLES Control | CHIEF FINANCIAL OFFICER AND PARTNER | Less than 5% | Individual |
| EMPYREAN CAPITAL, LLC Control | GENERAL PARTNER | Less than 5% | Domestic Entity |
| MERON, AMOS Control | MANAGING PARTNER AND CHIEF INVESTMENT OFFICER | 25–50% | Individual |
| MERON, AMOS Control | MANAGING MEMBER | 25–50% | Individual |
| Norman, Jennifer, Kathleen Control | GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER | Less than 5% | Individual |
| JOSEPH, BRIAN, ERIC | PARTNER | 10–25% | Individual |
| REGER, ANDREW, THOMAS | PARTNER | 10–25% | Individual |
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- VIASAT INC$122.3M +234.6%
- ENOVA INTL INC$40.6M +75.9%
- CAPITAL ONE FINL CORP$31.0M +106.2%
- APOLLO GLOBAL MGMT INC$27.3M +74.7%
- ACADIAN ASSET MANAGEMENT INC$22.4M +31.4%
Top Trims
- CONSTELLATION BRANDS INC-$65.7M -72.3%
- SHELL PLC-$60.9M -57.4%
- AXALTA COATING SYS LTD-$45.3M -79.7%
- TXNM ENERGY INC-$38.2M -45.3%
- OPTIMUM COMMUNICATIONS INC-$25.5M -80.0%
New Positions
- BLACKSTONE DIGITAL INFRASTRU$64.6M
- CHURCHILL CAP CORP XI$55.0M
- SOMNIGROUP INTERNATIONAL INC$49.5M
- ROKU INC$44.2M
- CHURCHILL CAP CORP XII$29.2M
Exited Positions
- VISTANCE NETWORKS INC$67.9M
- VISHAY INTERTECHNOLOGY INC$49.8M
- COMCAST CORP NEW$38.6M
- FOX CORP$36.3M
- CHURCHILL CAP CORP XI$35.9M
Empyrean Capital Partners, LP Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | VIASAT INC | VSAT | 92552V100 | $174.4M | 5.76% | 1,942,000 | SH |
| 2 | AERCAP HOLDINGS NV | AER | N00985106 | $131.2M | 4.33% | 900,000 | SH |
| 3 | BRITISH AMERN TOB PLC | BTI | 110448107 | $118.9M | 3.93% | 1,925,000 | SH |
| 4 | MARATHON PETE CORP | MPC | 56585A102 | $101.1M | 3.34% | 395,600 | SH |
| 5 | ENOVA INTL INC | ENVA | 29357K103 | $94.1M | 3.11% | 391,000 | SH |
| 6 | ACADIAN ASSET MANAGEMENT INC | AAMI | 10948W103 | $93.5M | 3.09% | 1,308,000 | SH |
| 7 | NORFOLK SOUTHN CORP | NSC | 655844108 | $88.0M | 2.91% | 279,800 | SH |
| 8 | UNION PAC CORP | UNP | 907818108 | $76.8M | 2.54% | 282,200 | SH |
| 9 | NEWMARK GROUP INC | NMRK | 65158N102 | $65.9M | 2.18% | 4,360,150 | SH |
| 10 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $65.3M | 2.16% | 87,500 | SH |
| 11 | BLACKSTONE DIGITAL INFRASTRU | BXDC | 09264B107 | $64.6M | 2.13% | 2,985,000 | SH |
| 12 | APOLLO GLOBAL MGMT INC | APO | 03769M106 | $63.9M | 2.11% | 540,000 | SH |
| 13 | CAPITAL ONE FINL CORP | COF | 14040H105 | $60.2M | 1.99% | 300,000 | SH |
| 14 | CHURCHILL CAP CORP XI | CCXI | G2131A108 | $55.0M | 1.82% | 3,150,000 | SH |
| 15 | ISHARES TR Put | IWM | 464287655 | $54.1M | 1.79% | 180,000 | SH |
| 16 | SOMNIGROUP INTERNATIONAL INC | SGI | 88023U101 | $49.5M | 1.64% | 632,000 | SH |
| 17 | WARNER BROS DISCOVERY INC | WBD | 934423104 | $47.5M | 1.57% | 1,783,087 | SH |
| 18 | TXNM ENERGY INC | TXNM | 69349H107 | $46.1M | 1.52% | 812,554 | SH |
| 19 | SHELL PLC | SHEL | 780259305 | $45.3M | 1.50% | 583,688 | SH |
| 20 | ROKU INC | ROKU | 77543R102 | $44.2M | 1.46% | 320,000 | SH |
| 21 | BRISTOW GROUP INC | VTOL | 11040G103 | $44.1M | 1.46% | 1,067,500 | SH |
| 22 | CARDINAL HEALTH INC | CAH | 14149Y108 | $43.8M | 1.45% | 184,200 | SH |
| 23 | BAIN CAP GSS INVT CORP | BCSS | G0R78B106 | $41.0M | 1.35% | 3,990,000 | SH |
| 24 | WATERS CORP | WAT | 941848103 | $39.6M | 1.31% | 105,500 | SH |
| 25 | ASHLAND INC | ASH | 044186104 | $35.7M | 1.18% | 542,000 | SH |
| 26 | INVESCO QQQ TR Put | QQQ | 46090E103 | $33.1M | 1.09% | 45,000 | SH |
| 27 | KENVUE INC | KVUE | 49177J102 | $33.1M | 1.09% | 1,732,000 | SH |
| 28 | VANECK ETF TRUST Put | SMH | 92189F676 | $32.8M | 1.08% | 50,000 | SH |
| 29 | ELECTRONIC ARTS INC | EA | 285512109 | $31.2M | 1.03% | 152,000 | SH |
| 30 | NELNET INC | NNI | 64031N108 | $30.8M | 1.02% | 231,000 | SH |
| 31 | LIBERTY BROADBAND CORP | LBRDK | 530307305 | $30.6M | 1.01% | 920,781 | SH |
| 32 | ANI PHARMACEUTICALS INC | ANIP | 00182CAC7 | $29.7M | 0.98% | 23,000,000 | PRN |
| 33 | CHURCHILL CAP CORP XII | CXIIU | G2131M128 | $29.2M | 0.96% | 2,700,000 | SH |
| 34 | QORVO INC | QRVO | 74736K101 | $28.8M | 0.95% | 309,000 | SH |
| 35 | CHURCHILL CAPITAL CORP IX | CCIXU | G21301109 | $28.7M | 0.95% | 2,633,582 | SH |
| 36 | PAGERDUTY INC | PD | 69553PAD2 | $28.0M | 0.92% | 29,850,000 | PRN |
| 37 | ATLAS ENERGY SOLUTIONS INC | AESI | 642045108 | $26.9M | 0.89% | 1,618,000 | SH |
| 38 | PENUMBRA INC | PEN | 70975L107 | $26.8M | 0.89% | 85,000 | SH |
| 39 | KARBON CAP PARTNERS CORP | KBON | G5225W100 | $26.6M | 0.88% | 2,632,752 | SH |
| 40 | PHILLIPS 66 | PSX | 718546104 | $25.3M | 0.84% | 149,600 | SH |
| 41 | CONSTELLATION BRANDS INC | STZ | 21036P108 | $25.2M | 0.83% | 181,298 | SH |
| 42 | FORTRESS VALUE ACQU CORP V | FVAV | G3645T104 | $25.0M | 0.83% | 2,475,000 | SH |
| 43 | AMPHASTAR PHARMACEUTICALS IN | AMPH | 03209RAB9 | $22.0M | 0.73% | 24,265,000 | PRN |
| 44 | TERAWULF INC | WULF | 88080T104 | $21.8M | 0.72% | 882,000 | SH |
| 45 | UNIFIRST CORP MASS | UNF | 904708104 | $21.4M | 0.71% | 81,000 | SH |
| 46 | GENERAL CATALYST GBL RESIL M | GCGRU | G3793T112 | $20.6M | 0.68% | 2,000,000 | SH |
| 47 | KIMBERLY-CLARK CORP | KMB | 494368103 | $20.5M | 0.68% | 187,200 | SH |
| 48 | SIRIUSXM HOLDINGS INC | SIRI | 829933100 | $20.5M | 0.68% | 692,775 | SH |
| 49 | DOORDASH INC | DASH | 25809KAB1 | $20.3M | 0.67% | 20,500,000 | PRN |
| 50 | BARRICK MNG CORP | B | 06849F108 | $20.2M | 0.67% | 550,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $3.03B | 122 | 0001317195-26-000003 |
| 2026-03-31 | 2026-05-15 | $3.07B | 124 | 0001317195-26-000002 |
| 2025-12-31 | 2026-02-17 | $2.87B | 94 | 0001317195-26-000001 |
| 2025-09-30 | 2025-11-14 | $2.49B | 86 | 0001317195-25-000009 |
SUITE 2950
LOS ANGELES, CA 90067