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Asset Manager ← All Institutions

First Trust Capital Management L.P.

Q3 2025 · Filed 2025-11-17
Market Value
$938M
-1.7%
Holdings
99
+8
New Purchases
29
Added To
1
Closed
30
Reduced
11
Top 10 Concentration
57.0%
Turnover
59.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VRNA 10.34% 0.00% +10.34% $97M
VBTX 9.18% 0.00% +9.18% $86M
COOP 7.76% 0.00% +7.76% $73M
CYBR 6.18% 0.00% +6.18% $58M
EA 5.37% 0.00% +5.37% $50M
TRML 3.55% 0.00% +3.55% $33M
MRUS 2.46% 0.00% +2.46% $23M
IAS 2.26% 0.00% +2.26% $21M
PRO 2.18% 0.00% +2.18% $20M
DMIIU 1.99% 0.00% +1.99% $19M
SPNS 1.86% 0.00% +1.86% $17M
PHLT 1.86% 0.00% +1.86% $17M
PBPB 1.56% 0.00% +1.56% $15M
ZIMV 1.28% 0.00% +1.28% $12M
CEPF 1.09% 0.00% +1.09% $10M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DNB 0.00% 10.15% -10.15% $0
SWTX 0.00% 9.56% -9.56% $0
SKX 0.00% 9.37% -9.37% $0
ESGR 0.00% 6.71% -6.71% $0
BPMC 0.00% 6.12% -6.12% $0
AZEK 0.00% 5.87% -5.87% $0
K 4.15% 7.60% -3.44% $39M
CHX 0.00% 1.59% -1.59% $0
PSBD 1.68% 2.92% -1.24% $16M
RDFN 0.00% 1.22% -1.22% $0
CHYM 1.41% 2.37% -0.96% $13M
FL 0.00% 0.90% -0.90% $0
IPCXU 0.00% 0.70% -0.70% $0
AXINU 0.00% 0.69% -0.69% $0
ETHM 0.21% 0.81% -0.61% $2M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 14 $318M 33.9%
Mid Cap 17 $89M 9.5%
Small Cap 47 $404M 43.0%
Micro Cap 21 $127M 13.6%

Portfolio Analytics

Avg Market Cap
$6.7B
Median Market Cap
$536M
Avg P/E
51.7
Median P/E
36.5
Avg Dividend Yield
0.01%
Avg Beta
0.72
# Stocks
99
# ETFs / Funds
0

Top Holdings (99 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VRNA 10.34% 909,123 $97M $106.71 +909,123 NEW
2 VBTX 9.18% 2,568,230 $86M $33.53 +2,568,230 NEW
3 COOP 7.76% 345,573 $73M $210.79 +345,573 NEW
4 CYBR 6.18% 120,000 $58M $483.15 +120,000 NEW
5 EA 5.37% 250,000 $50M $201.70 +250,000 NEW
6 K 4.15% 475,313 $39M $82.02 -$34M -437,217 -47.9%
7 ANSC 3.62% 3,117,578 $34M $10.91 $187K
8 TRML 3.55% 695,757 $33M $47.83 +695,757 NEW
9 AVDX 3.55% 3,343,918 $33M $9.95 -$2M -300,000 -8.2%
10 YCY 3.35% 2,984,542 $31M $10.52 $298K
11 MRUS 2.46% 245,354 $23M $94.15 +245,354 NEW
12 IAS 2.26% 2,088,796 $21M $10.17 +2,088,796 NEW
13 PRO 2.18% 892,412 $20M $22.91 +892,412 NEW
14 DMIIU 1.99% 1,880,554 $19M $9.95 +1,880,554 NEW
15 SPNS 1.86% 406,388 $17M $43.00 +406,388 NEW
16 PHLT 1.86% 2,259,250 $17M $7.73 +2,259,250 NEW
17 VCIC 1.79% 1,565,314 $17M $10.71 -$2M -234,684 -13.0%
18 PSBD 1.68% 1,288,338 $16M $12.27 -$12M -712,223 -35.6%
19 TVA 1.60% 1,399,005 $15M $10.71 -$2M -307,077 -18.0%
20 PBPB 1.56% 857,701 $15M $17.04 +857,701 NEW
21 CHYM 1.41% 656,838 $13M $20.17 -$9M +240 +0.0%
22 ZIMV 1.28% 636,209 $12M $18.94 +636,209 NEW
23 TACO 1.11% 999,998 $10M $10.40 -$20K
24 MLAC 1.10% 1,005,000 $10M $10.30 $40K
25 CEPF 1.09% 1,000,000 $10M $10.19 +1,000,000 NEW
26 GSRFU 1.02% 945,923 $10M $10.14 +945,923 NEW
27 NHIC 1.01% 930,448 $9M $10.18 $9K
28 RAAQU 0.98% 908,700 $9M $10.13 -$18K
29 DAAQU 0.96% 884,398 $9M $10.19 -$261K -400 -0.1%
30 AFJK 0.82% 680,000 $8M $11.32 $116K
31 TACH 0.81% 750,000 $8M $10.12 $30K
32 BDCIU 0.81% 750,000 $8M $10.10 +750,000 NEW
33 IPODU 0.75% 699,992 $7M $10.11 $42K
34 TDAC 0.72% 649,998 $7M $10.35 $52K
35 JACS 0.63% 567,500 $6M $10.38 $45K
36 GTEN 0.59% 543,596 $6M $10.21 -$37K -1,500 -0.3%
37 XRPN 0.56% 500,000 $5M $10.43 $192K
38 CHPGU 0.53% 496,935 $5M $10.07 $35K
39 GSHRU 0.52% 482,440 $5M $10.15
40 GTERU 0.50% 473,583 $5M $9.98 +473,583 NEW
41 SBXD-UN 0.50% 445,168 $5M $10.47 -$296K -7,100 -1.6%
42 CHAC 0.49% 450,000 $5M $10.14 $32K
43 FCRS 0.45% 400,000 $4M $10.60 +400,000 NEW
44 SZZLU 0.44% 405,813 $4M $10.08 $12K
45 MBVIU 0.43% 400,000 $4M $10.12 +400,000 NEW
46 AACB 0.41% 380,000 $4M $10.18 $23K
47 RTACU 0.40% 346,662 $4M $10.91 -$2M -114,419 -24.8%
48 RDAGU 0.39% 359,998 $4M $10.21 -$18K
49 WENN 0.28% 260,158 $3M $10.12 +260,158 NEW
50 HVMCU 0.27% 250,000 $3M $10.12 +250,000 NEW
51 FIGXU 0.27% 250,000 $2M $9.99 +250,000 NEW
52 BLUW 0.27% 249,998 $2M $9.97 +249,998 NEW
53 EMCG 0.26% 200,000 $2M $12.08 -$4K
54 CCCX 0.25% 178,996 $2M $12.86 +178,996 NEW
55 BACC 0.23% 212,216 $2M $10.00 +212,216 NEW
56 CEPT 0.22% 200,000 $2M $10.51 -$104K
57 ETHM 0.21% 185,602 $2M $10.41 -$6M -574,396 -75.6%
58 INFA 0.13% 48,544 $1M $24.84 -$6M -232,509 -82.7%
59 GES 0.12% 68,808 $1M $16.71 +68,808 NEW
60 CAEP 0.11% 100,000 $1M $10.32 -$23K
61 FYBR 0.10% 24,115 $901K $37.35 $23K
62 SRDX 0.06% 19,335 $578K $29.89 $3K
63 AEXA 0.06% 50,000 $546K $10.93 +50,000 NEW
64 PRA 0.05% 21,287 $511K $23.99 $25K
65 VRNT 0.03% 12,900 $261K $20.25 +12,900 NEW
66 WES 0.02% 5,707 $224K $39.29 $3K
67 EPD 0.02% 6,726 $210K $31.27 $2K
68 ET 0.02% 12,027 $206K $17.16 -$12K
69 PAA 0.02% 12,027 $205K $17.06 -$15K
70 TGI —% -$1M -38,842 -100.0% SOLD
71 PACH —% -$5M -500,000 -100.0% SOLD
72 DNB —% -$97M -10,667,515 -100.0% SOLD
73 ESGR —% -$64M -190,436 -100.0% SOLD
74 EBTC —% -$4M -88,307 -100.0% SOLD
75 ANSS —% -$1M -3,746 -100.0% SOLD
76 SUN —% -$210K -3,926 -100.0% SOLD
77 MPLX —% -$220K -4,262 -100.0% SOLD
78 WENNU —% -$3M -260,158 -100.0% SOLD
79 SPTN —% -$3M -127,900 -100.0% SOLD
80 WBA —% -$850K -74,063 -100.0% SOLD
81 JNPR —% -$1M -31,836 -100.0% SOLD
82 GHLD —% -$1M -60,000 -100.0% SOLD
83 AZEK —% -$56M -1,032,102 -100.0% SOLD
84 BACCU —% -$2M -212,216 -100.0% SOLD
85 PCAPU —% -$5M -451,698 -100.0% SOLD
86 HES —% -$1M -7,322 -100.0% SOLD
87 SWTX —% -$91M -1,943,767 -100.0% SOLD
88 FL —% -$9M -350,000 -100.0% SOLD
89 SKX —% -$89M -1,418,242 -100.0% SOLD
90 FARO —% -$1M -31,448 -100.0% SOLD
91 EVRI —% -$1M -85,008 -100.0% SOLD
92 IPCXU —% -$7M -659,095 -100.0% SOLD
93 AXINU —% -$7M -650,000 -100.0% SOLD
94 CCCXU —% -$2M -210,000 -100.0% SOLD
95 RDFN —% -$12M -1,041,768 -100.0% SOLD
96 BPMC —% -$58M -456,068 -100.0% SOLD
97 AMED —% -$2M -22,753 -100.0% SOLD
98 SCHN —% -$1M -34,049 -100.0% SOLD
99 CHX —% -$15M -612,053 -100.0% SOLD

New Positions

SymbolValue% Port
VRNA $97M 10.34%
VBTX $86M 9.18%
COOP $73M 7.76%
CYBR $58M 6.18%
EA $50M 5.37%
TRML $33M 3.55%
MRUS $23M 2.46%
IAS $21M 2.26%
PRO $20M 2.18%
DMIIU $19M 1.99%
SPNS $17M 1.86%
PHLT $17M 1.86%
PBPB $15M 1.56%
ZIMV $12M 1.28%
CEPF $10M 1.09%

Sold Out Positions

SymbolValue% Port
SUN —%
MPLX —%
PCAPU —%
PACH —%
BACCU —%
AXINU —%
WENNU —%
IPCXU —%
HES —%
JNPR —%
FARO —%
EVRI —%
ESGR —%
AMED —%
AZEK —%
View SEC EDGAR Filings for First Trust Capital Management L.P. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms