Latest Empyrean Capital Partners, LP Stock Portfolio

Empyrean Capital Partners, LP Performance:

2025 Q3: 5%YTD: 3.8%2024: 6.4%

Performance for 2025 Q3 is 5%, and YTD is 3.8%, and 2024 is 6.4%.

About Empyrean Capital Partners, LP and 13F Hedge Fund Stock Holdings

Empyrean Capital Partners, LP is a hedge fund based in LOS ANGELES, CA. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $5.5 Billions. In it's latest 13F Holdings report, Empyrean Capital Partners, LP reported an equity portfolio of $2.5 Billions as of 30 Sep, 2025.

The top stock holdings of Empyrean Capital Partners, LP are , , . The fund has invested 7.3% of it's portfolio in AERCAP HOLDINGS NV and 7.2% of portfolio in SHELL PLC.

The fund managers got completely rid off HESS CORP (HES), SPDR S&P 500 ETF TR (SPY) and SKECHERS U S A INC (SKX) stocks. They significantly reduced their stock positions in SABRE CORP (SABR), NEXGEN ENERGY LTD and ALIGHT INC (ALIT). Empyrean Capital Partners, LP opened new stock positions in UNION PAC CORP (UNP), CONSTELLATION BRANDS INC (STZ) and NORFOLK SOUTHN CORP (NSC). The fund showed a lot of confidence in some stocks as they added substantially to BRITISH AMERN TOB PLC, CAPITAL ONE FINL CORP (COF) and ECHOSTAR CORP (SATS).

Empyrean Capital Partners, LP Annual Return Estimates Vs S&P 500

Our best estimate is that Empyrean Capital Partners, LP made a return of 5% in the last quarter. In trailing 12 months, it's portfolio return was 3.62%.

New Buys

Ticker	$ Bought
union pac corp	78,474,800
constellation brands inc	60,736,200
norfolk southn corp	41,006,000
bain cap gss invt corp	40,259,100
churchill cap corp x	33,950,400
viasat inc	33,343,400
ani pharmaceuticals inc	32,298,900
nelnet inc	28,962,800

New stocks bought by Empyrean Capital Partners, LP

Additions

Ticker	% Inc.
british amern tob plc	131
capital one finl corp	105
echostar corp	82.11
pg&e corp	43.9
sun ctry airls hldgs inc	31.42
alamos gold inc new	30.43
mks inc.	21.95
phillips 66	21.8

Additions to existing portfolio by Empyrean Capital Partners, LP

Reductions

Ticker	% Reduced
sabre corp	-91.15
nexgen energy ltd	-63.39
conmed corp	-58.33
alight inc	-42.00
frontier group hldgs inc	-34.23
novagold res inc	-25.16
hallador energy company	-24.77
enova intl inc	-22.2

Empyrean Capital Partners, LP reduced stake in above stock

Sold off

Ticker	$ Sold
chefs whse inc	-12,496,500
itron inc	-8,971,880
wolfspeed inc	-1,067,810
bit digital inc	-9,307,500
fastly inc	-3,815,200
redfin corp	-3,620,070
churchill cap corp x	-30,902,100
ftai infrastructure inc	-14,635,200

Empyrean Capital Partners, LP got rid off the above stocks

Sector Distribution

Empyrean Capital Partners, LP has about 40.7% of it's holdings in Others sector.

Sector	%
Others	40.7
Energy	10.3
Financial Services	9.8
Utilities	7.6
Healthcare	6.2
Industrials	5.9
Technology	5.6
Communication Services	3.8
Real Estate	3.6
Basic Materials	3.3
Consumer Defensive	2.7

Market Cap. Distribution

Empyrean Capital Partners, LP has about 28.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	40.7
LARGE-CAP	28.1
MID-CAP	16
SMALL-CAP	12.8
MICRO-CAP	2.4

Stocks belong to which Index?

About 55.5% of the stocks held by Empyrean Capital Partners, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	44.5
S&P 500	28.1
RUSSELL 2000	27.4

Top 5 Winners (%)		%
NG	novagold res inc	115.2 %
PPTA	perpetua resources corp	58.2 %
SATS	echostar corp	53.8 %
NMRK	newmark group inc	53.5 %
HNRG	hallador energy company	23.6 %

Top 5 Winners ($)		$
NG	novagold res inc	30.8 M
NMRK	newmark group inc	28.3 M
SATS	echostar corp	15.2 M
MPC	marathon pete corp	14.1 M
PPTA	perpetua resources corp	11.3 M

Top 5 Losers (%)		%
ALIT	alight inc	-42.4 %
SABR	sabre corp	-42.1 %
CRK	comstock res inc	-28.3 %
AR	antero resources corp	-16.7 %
CHK	expand energy corporation	-9.2 %

Top 5 Losers ($)		$
ALIT	alight inc	-20.4 M
SABR	sabre corp	-6.0 M
CAH	cardinal health inc	-3.4 M
NN	nextnav inc	-1.5 M
CRK	comstock res inc	-0.9 M

Empyrean Capital Partners, LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Empyrean Capital Partners, LP

Empyrean Capital Partners, LP has 76 stocks in it's portfolio. About 42.9% of the portfolio is in top 10 stocks. ALIT proved to be the most loss making stock for the portfolio. NG was the most profitable stock for Empyrean Capital Partners, LP last quarter.

Last Reported on: 14 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AEIS	advanced energy inds	1.25	22,500,000	31,170,400	added	21.62

AKAM	akamai technologies inc	0.18	58,000	4,394,080	new

ALIT	alight inc	0.64	4,930,000	16,071,800	reduced	-42.00

AMN	amn healthcare svcs inc	0.12	150,000	2,904,000	new

AMPH	amphastar pharmaceuticals in	0.55	15,000,000	13,636,900	unchanged	0.00

ANIP	ani pharmaceuticals inc	1.30	23,000,000	32,298,900	new

AR	antero resources corp	0.14	101,400	3,402,980	unchanged	0.00

ASTL	algoma stl group inc	0.00	0.00	0.00	sold off	-100

ATUS	altice usa inc	2.23	23,100,000	55,671,000	unchanged	0.00

BATRA	liberty media corp del	0.68	175,771	17,044,500	unchanged	0.00

BATRA	liberty media corp del	0.36	94,563	8,917,290	unchanged	0.00

BL	blackline inc	1.84	44,000,000	45,762,700	added	4.76

BSIG	acadian asset management inc	2.98	1,541,110	74,219,800	reduced	-18.05

CAH	cardinal health inc	2.25	357,400	56,097,500	added	14.81

CHEF	chefs whse inc	0.00	0.00	0.00	sold off	-100

CHK	expand energy corporation	0.15	34,500	3,665,280	unchanged	0.00

CNMD	conmed corp	0.10	2,500,000	2,382,310	reduced	-58.33

COF	capital one finl corp	2.63	308,000	65,474,600	added	105

CRK	comstock res inc	0.10	118,900	2,357,790	unchanged	0.00

CTRA	coterra energy inc	0.11	115,400	2,729,210	unchanged	0.00