Westchester Capital Management, LLC reported 258 positions worth $1.38B for the quarter ended Jun 30, 2026, up 19.8% on the prior quarter. It opened 63 new positions, added to 25, trimmed 15 and exited 44. Its largest holding is Norfolk Southern Corp at 11.7% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Trade Value | Weight |
|---|---|---|---|
| ROKU Roku, Inc | +314.5K | $43.44M | 3.14% |
| CZR Caesars Entertainment, Inc. | +1.16M +532.5% | $35.00M | 3.01% |
| PEN Penumbra Inc | +80.8K +105.5% | $25.53M | 3.6% |
| QRVO Qorvo, Inc. | +268.7K +101.8% | $25.06M | 3.59% |
| OGN Organon & Co. | +1.43M | $19.32M | 1.4% |
| AES Aes Corp | +1.01M | $14.86M | 1.07% |
| KVUE Kenvue Inc. | +691.4K +208.7% | $13.21M | 1.41% |
| WBD Warner Bros. Discovery, Inc. | +482.6K +9.2% | $12.87M | 11.02% |
| QLEP Quantum Leap Acquisition Corp | +950.0K | $9.43M | 0.682% |
| MLAA Mountain Lake Acquisition Corp. II | +853.5K | $8.48M | 0.613% |
| Holding | Change | Trade Value | Weight |
|---|---|---|---|
| DMAA Drugs Made In America Acquisition Corp. | -1.09M -65.1% | $11.58M | 0.448% |
| PLMK Plum Acquisition Corp. IV | -921.1K -100.0% | $9.73M | Exited |
| ATII Archimedes Tech SPAC Partners II Co. | -907.1K -100.0% | $9.44M | Exited |
| GPAT GP-Act III Acquisition Corp. | -860.9K -100.0% | $9.33M | Exited |
| SIMA SIM Acquisition Corp. I | -770.3K -100.0% | $8.27M | Exited |
| ALF Centurion Acquisition Corp. | -688.2K -100.0% | $7.42M | Exited |
| TAVI Tavia Acquisition Corp. | -680.0K -100.0% | $7.19M | Exited |
| MLAAU Mountain Lake Acquisition Corp. II | -614.5K -100.0% | $6.10M | Exited |
| HAVAU Harvard Ave Acquisition Corp | -598.8K -100.0% | $6.06M | Exited |
| LCCC Lakeshore Acquisition III Corp. | -496.7K -72.0% | $5.19M | 0.145% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| ROKU Roku, Inc | +314.5K | $43.44M | 3.14% |
| OGN Organon & Co. | +1.43M | $19.32M | 1.4% |
| AES Aes Corp | +1.01M | $14.86M | 1.07% |
| QLEP Quantum Leap Acquisition Corp | +950.0K | $9.43M | 0.682% |
| MLAA Mountain Lake Acquisition Corp. II | +853.5K | $8.48M | 0.613% |
| TRAD APEX Tech Acquisition Inc. | +700.0K | $6.96M | 0.504% |
| EVAC EQV Ventures Acquisition Corp. II | +550.0K | $5.60M | 0.405% |
| CAIIU Collective Acquisition Corp. II | +550.0K | $5.53M | 0.4% |
| QRED QuasarEdge Acquisition Corp | +507.8K | $5.04M | 0.365% |
| SSAC SPACSphere Acquisition Corp. | +500.0K | $4.99M | 0.361% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| PLMK Plum Acquisition Corp. IV | -921.1K | $9.73M | 0.843% |
| ATII Archimedes Tech SPAC Partners II Co. | -907.1K | $9.44M | 0.818% |
| GPAT GP-Act III Acquisition Corp. | -860.9K | $9.33M | 0.809% |
| SIMA SIM Acquisition Corp. I | -770.3K | $8.27M | 0.716% |
| ALF Centurion Acquisition Corp. | -688.2K | $7.42M | 0.643% |
| TAVI Tavia Acquisition Corp. | -680.0K | $7.19M | 0.623% |
| MLAAU Mountain Lake Acquisition Corp. II | -614.5K | $6.10M | 0.529% |
| HAVAU Harvard Ave Acquisition Corp | -598.8K | $6.06M | 0.525% |
| SSACU SPACSphere Acquisition Corp. | -500.0K | $5.04M | 0.436% |
| PGAC PANTAGES CAPITAL ACQUISITION Corp | -443.0K | $4.64M | 0.402% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NSC Norfolk Southern Corp | Industrials | 515.7K | $162.24M | 11.73% | +14.1K | +2.8% | Added | 0.23% |
| 2 | WBD Warner Bros. Discovery, Inc. | Communication Services | 5.72M | $152.38M | 11.02% | +482.6K | +9.2% | Added | 0.23% |
| 3 | UNF Unifirst Corp | Industrials | 287.3K | $75.97M | 5.49% | +28.8K | +11.1% | Added | 1.59% |
| 4 | PEN Penumbra Inc | Healthcare | 157.5K | $49.72M | 3.6% | +80.8K | +105.5% | Added | 0.4% |
| 5 | QRVO Qorvo, Inc. | Technology | 532.6K | $49.67M | 3.59% | +268.7K | +101.8% | Added | 0.6% |
| 6 | ROKU Roku, Inc | Technology | 314.5K | $43.44M | 3.14% | +314.5K | – | New | 0.21% |
| 7 | CZR Caesars Entertainment, Inc. | Consumer Discretionary | 1.38M | $41.58M | 3.01% | +1.16M | +532.5% | Added | 0.68% |
| 8 | KVUE Kenvue Inc. | Consumer Staples | 1.02M | $19.55M | 1.41% | +691.4K | +208.7% | Added | 0.05% |
| 9 | OGN Organon & Co. | Healthcare | 1.43M | $19.32M | 1.4% | +1.43M | – | New | 0.54% |
| 10 | KFII K&F Growth Acquisition Corp. Ii | Financial Services | 1.48M | $15.59M | 1.13% | 0 | 0.0% | Unchanged | 1.88% |
| 11 | AES Aes Corp | Utilities | 1.01M | $14.86M | 1.07% | +1.01M | – | New | 0.14% |
| 12 | GTERA Globa Terra Acquisition Corp | Financial Services | 1.41M | $14.58M | 1.05% | 0 | 0.0% | Unchanged | 5.96% |
| 13 | GIW GigCapital8 Corp. | Financial Services | 1.33M | $13.38M | 0.967% | 0 | 0.0% | Unchanged | 11.9% |
| 14 | OYSE Oyster Enterprises II Acquisition Corp | Financial Services | 1.30M | $13.35M | 0.965% | 0 | 0.0% | Unchanged | 3.82% |
| 15 | KCHV Kochav Defense Acquisition Corp. | Financial Services | 1.29M | $13.34M | 0.964% | 0 | 0.0% | Unchanged | 3.75% |
Tip. Select a row to see that position’s full history at Westchester Capital Management.
As of its Q2 2026 13F filing, Westchester Capital Management, LLC’s five largest positions were Norfolk Southern Corp (NSC) at 11.7%, Warner Bros. Discovery, Inc. (WBD) at 11.0%, Unifirst Corp (UNF) at 5.5%, Penumbra Inc (PEN) at 3.6%, Qorvo, Inc. (QRVO) at 3.6% of the reported portfolio.
Westchester Capital Management, LLC reported a 13F portfolio worth $1.38B across 258 positions for Q2 2026. That is up 19.8% from the previous quarter.
Its largest purchases by value were Roku, Inc ($43.44M), Caesars Entertainment, Inc. ($35.00M), Penumbra Inc ($25.53M). It opened 63 new positions.
Its largest sales by value were Drugs Made In America Acquisition Corp. ($11.58M), Plum Acquisition Corp. IV ($9.73M), Archimedes Tech SPAC Partners II Co. ($9.44M). It exited 44 positions entirely.
From the Form 13F-HR reports Westchester Capital Management, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.