Context Capital Management, LLC
•CIK: 1301396•Filing: Q4 2025
Context Capital Management, LLC, led by co-founders Jonathan Steinberg and Jonathan Lavine, is known for its concentrated, high-conviction bets, currently managing $3.9 billion in assets across 327 positions. Recently, the fund has made notable moves by adding OMER and BLK with significant gains of 1,629% and 1,024% respectively, while exiting C-PR and reducing its position in BK-PK.
Total AUM
$390.4M
QoQ Performance
-35.2%
Positions
156
Top 10 Concentration
28.9%
Latest Filing
Q4 2025
Top Holdings Allocation
ALB 7.25 03/01/27
ALB 7.25 03/01/278.4%
BRKR 6.375 09/01/284.7%
NEE 7.234 11/01/273.1%
FOUR 6 05/01/282.0%
M3-BRIGADE2.0%
DRUGS1.9%
PLUM1.9%
SPRING1.7%
📈 Biggest Buys
—
M3-BRIGADE ACQUISITION VI CO
NEW
2.0% of portfolio
—
DRUGS MADE IN AMER ACQ II CO
NEW
1.9% of portfolio
—
SPRING VY ACQUISITION CORP I
NEW
1.7% of portfolio
—
HALL CHADWICK ACQUISITION CO
NEW
1.7% of portfolio
—
BITCOIN INFRASTRUCTURE ACQUI
NEW
1.5% of portfolio
📉 Biggest Sells
QXO 5.5 05/15/28
QXO INC
-70.6%
1.4% of portfolio
BRKR 6.375 09/01/28
BRUKER CORP
-33.3%
4.7% of portfolio
—
GLOBA TERRA ACQUISITION COR
-28.6%
1.3% of portfolio
—
CRANE HBR ACQUISITION CORP
-57.4%
0.2% of portfolio
—
INDIGO ACQUISITION CORP
-33.3%
0.5% of portfolio
Sector Breakdown
Other100.0%
🚪 Exited Positionssold since Q3 2025
—
ECHOSTAR CORP
SOLD
$258.9M
+52 more exited positions
Changes from Q3 2025
NEW81 new positions
↑1 increased
↓14 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023