First Trust Capital Management L.P.
•CIK: 1604488•Filing: Q4 2025
**First Trust Capital Management L.P.** manages $1.7B across a diverse portfolio of 162 positions. The fund exhibits significant concentration in key names, notably holding CADE at $90.5M and UBS across two positions totaling $105.2M. Other top allocations include DAY ($66.3M), CMA ($65.7M), and ALEX ($50.4M). This structure suggests a conviction-driven approach targeting established market leaders.
Total AUM
$1.7B
QoQ Performance
+6.5%
Positions
157
Top 10 Concentration
32.9%
Latest Filing
Q4 2025
Top Holdings Allocation
CADE
CADE5.5%
CYBR4.4%
DAY4.0%
CMA4.0%
ALEX3.1%
CDTX2.7%
9HI2.6%
SYU12.5%
📈 Biggest Buys
📉 Biggest Sells
EA
ELECTRONIC ARTS INC
-61.0%
1.2% of portfolio
—
INFLECTION POINT ACQUISITION
-72.6%
0.4% of portfolio
—
VINE HILL CAP INVT CORP.
-53.7%
0.5% of portfolio
—
ANDRETTI ACQUISITION CORP II
-47.8%
0.4% of portfolio
—
RF ACQUISITION CORP II
-50.0%
0.3% of portfolio
Sector Breakdown
Other100.0%
🚪 Exited Positionssold since Q3 2025
—
WNS HLDGS LTD
SOLD
$103.8M
+29 more exited positions
Changes from Q3 2025
NEW75 new positions
↑12 increased
↓23 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023