Q2 2026 13F · SEC CIK 1512805

Westchester Capital Management, LLC

Wealth managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.0B
Reported positions: 300
Top holdings a year, 3 yrs: +6.7%
Assets under management: $691.3M

Westchester Capital Management, LLC is a wealth manager that reported 300 positions worth $2.0B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Electronic Arts Inc (EA, 8.5%), Norfolk Southn Corporation (NSC, 8.2%), Warner Bros Discovery Inc (WBD, 7.7%). A portfolio copying its top holdings returned 6.7% a year over the last 3 years, against 17.4% for the S&P 500.

Westchester Capital Management, LLC holdings largest 50 of 300 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Westchester Capital Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
EAElectronic Arts Inc	8.5%	7.2%	826,173	+13.9%	$169.4M
NSCNorfolk Southn Corporation	8.2%	7.0%	515,734	+2.8%	$162.2M
WBDWarner Bros Discovery Inc	7.7%	7.0%	5,715,678	+9.2%	$152.4M
GTLSChart Inds Inc	6.4%	5.0%	613,584	+23.7%	$128.2M
WBSWebster Finl Corp	5.4%	6.2%	1,397,789	-23.7%	$106.8M
UNFUnifirst Corp Mass	3.8%	3.1%	287,253	+11.1%	$76.0M
DBRGDigitalbridge Group Inc	2.9%	2.2%	3,697,020	+25.8%	$58.3M
PENPenumbra, Inc.	2.5%	1.2%	157,472	+105.5%	$49.7M
QRVOQorvo Inc	2.5%	1.0%	532,551	+101.8%	$49.7M
ROKURoku Inc	2.2%	—	314,488	—	$43.4M
12769G100Caesars Entertainment Inc Ne	2.1%	—	1,377,630	—	$41.6M
ANSCAgriculture & Nat Sol Acq Co	1.2%	1.1%	2,044,768	+0.0%	$23.2M
KVUEKenvue Inc	1.0%	—	1,022,789	—	$19.5M
OGNOrganon & Co	1.0%	—	1,426,578	—	$19.3M
SEMSelect Med Hldgs Corp	0.8%	—	983,315	—	$16.2M
BLDTopbuild Cor	0.8%	—	37,399	—	$15.9M
KFIIK&f Growth Acquisition Corp	0.8%	0.7%	1,476,268	+0.0%	$15.6M
AESAES Corp	0.7%	—	1,013,872	—	$14.9M
GTERAGloba Terra Acquisition Cor	0.7%	0.7%	1,414,429	+0.0%	$14.6M
GIWGigcapital8 Corp Cmn Class A	0.7%	0.6%	1,330,000	+0.0%	$13.4M
OYSEOyster Enterprises II Acquis	0.7%	0.6%	1,295,112	+0.0%	$13.4M
KCHVKochav Defense Acqui Co	0.7%	0.6%	1,286,000	+0.0%	$13.3M
SOULSoulpower Acquisition Corp	0.7%	0.6%	1,279,300	+0.0%	$13.2M
SDHISiddhi Acquisition Corp	0.7%	0.6%	1,249,197	+0.0%	$13.0M
PACHPioneer Acquisition I Corp	0.6%	0.6%	1,258,612	+0.0%	$12.9M
JACSJackson Acquisition Co II	0.6%	0.6%	1,186,200	+0.0%	$12.6M
ALDFAldel Finl II Inc	0.6%	0.6%	1,159,448	+0.0%	$12.4M
SZZLSizzle Acquisition Corp. II	0.6%	0.8%	1,175,280	-24.7%	$12.2M
JHGJanus Henderson Group PLC	0.6%	0.6%	230,719	+0.0%	$12.0M
POLEAndretti Acquisition Corp II	0.6%	0.6%	1,111,416	+0.0%	$11.9M
NPACNew Providence Acquisition-A	0.6%	0.6%	1,128,999	+0.0%	$11.7M
OBAOxley Bridge Acq Ltd	0.6%	0.5%	1,117,657	+0.0%	$11.4M
AACBArtius II Acquisition Inc	0.5%	0.5%	995,939	+0.0%	$10.4M
CRAQCal Redwood Acquisition Corp	0.5%	0.5%	1,000,000	+0.0%	$10.3M
LPBBLaunch Two Acquisition Corp.	0.5%	0.5%	950,000	+0.0%	$10.2M
APXTApex Treas Corp	0.5%	0.5%	1,000,000	+0.0%	$10.1M
APGEApogee Therapeutics Inc	0.5%	—	72,962	—	$9.7M
NTWONewbury Str II Acquisition C	0.5%	0.5%	898,111	+0.0%	$9.5M
JENAJena Acquisition Corp II	0.5%	0.5%	912,000	+0.0%	$9.4M
QLEPQuantum Leap Acquisition Cor	0.5%	—	950,000	—	$9.4M
GSRFGSR IV Acquisition Corp	0.5%	0.4%	900,000	+0.0%	$9.1M
TACHTitan Acquisition Corp	0.5%	0.7%	869,693	-35.3%	$9.1M
COPLCopley Acquisition Corp	0.5%	0.4%	860,600	+0.0%	$9.0M
XRPNArmada Acquisition Corp II	0.4%	—	833,400	—	$8.7M
RDAGRepublic Digital Acquisition	0.4%	—	825,000	—	$8.5M
MLAAMountain Lake Acquisition Corp	0.4%	—	853,517	—	$8.5M
LWACLightwave Acquisition Corp	0.4%	—	819,872	—	$8.4M
HAVAHarvard Ave Acquisition-Cl A	0.4%	—	796,944	—	$8.1M
FACTFact II Acquisition Corp	0.4%	—	726,116	—	$7.7M
MKLYMckinley Acquisition Corp	0.4%	—	740,000	—	$7.5M

What Westchester Capital Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +9.5% /yr; S&P 500 +22.0%
3 years: +6.7% /yr; S&P 500 +17.4%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$2.0B	300
Q1 2026	$2.1B	297
Q4 2025	$2.1B	277
Q3 2025	$1.9B	246
Q2 2025	$1.7B	203
Q1 2025	$1.7B	160
Q4 2024	$1.7B	157
Q3 2024	$2.1B	180
Q2 2024	$2.3B	210
Q1 2024	$2.3B	228
Q4 2023	$2.5B	257
Q3 2023	$2.9B	288

Questions about Westchester Capital Management, LLC's portfolio

What stocks does Westchester Capital Management, LLC own?

Westchester Capital Management, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 300 positions worth $2.0B. The largest are Electronic Arts Inc (EA) at 8.5%, Norfolk Southn Corporation (NSC) at 8.2%, Warner Bros Discovery Inc (WBD) at 7.7%, Chart Inds Inc (GTLS) at 6.4% and Webster Finl Corp (WBS) at 5.4%.

What did Westchester Capital Management, LLC buy last quarter?

In Q2 2026, Westchester Capital Management, LLC added Penumbra, Inc. (PEN) (+105.5% shares), Qorvo Inc (QRVO) (+101.8% shares) and Digitalbridge Group Inc (DBRG) (+25.8% shares), compared with its Q1 2026 filing.

What did Westchester Capital Management, LLC sell last quarter?

In Q2 2026, Westchester Capital Management, LLC cut from its top 50 Clearwater Analytics Hldgs I (CWAN), cut from its top 50 Coterra Energy Inc (COG), cut from its top 50 Sealed Air Corp New (SEE), cut from its top 50 Proassurance Corp (PRA), cut from its top 50 Hologic Inc (HOLX), Titan Acquisition Corp (TACH) (-35.3% shares), Sizzle Acquisition Corp. II (SZZL) (-24.7% shares) and Webster Finl Corp (WBS) (-23.7% shares), compared with its Q1 2026 filing.

How has Westchester Capital Management, LLC's portfolio performed?

A portfolio copying Westchester Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +6.7% a year over the last 3 years, against +17.4% for the S&P 500. Over 1 year: +9.5% against +22.0%.

When is Westchester Capital Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Westchester Capital Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Westchester Capital Management, LLC manage?

Westchester Capital Management, LLC reported $691.3M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.0B.