Wolverine Asset Management LLC
Wolverine Asset Management LLC is a Chicago-based hedge fund and asset manager founded in 2001. The firm specializes in alternative investment strategies including event-driven, arbitrage, and relative value trading. Serving institutional investors and high net worth clients, Wolverine Asset Management is recognized for its quantitative approach and use of proprietary technology. The company employs approximately 50-100 professionals skilled in quantitative research, risk management, and trading.
Investment Strategy
Wolverine Asset Management LLC pursues a multi-strategy, opportunistic investment approach with an emphasis on event-driven, arbitrage, and relative value opportunities. Utilizing proprietary quantitative models and advanced risk management techniques, the firm seeks to capitalize on inefficiencies in global markets—including equities, derivatives, convertible securities, and structured products. The investment philosophy stresses discipline, innovation, and a dynamic response to changing market conditions.
Top Holdings
Equity Positions (815)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IBIT | ISHARES BITCOIN TRUST ETF | 0.66% | $71.2M | 1,162,794 | $56.18 | $61.21 | +$51.5M |
B BTSGU | BRIGHTSPRING HEALTH SVCS INC | 0.33% | $36.0M | 435,663 | $64.79 | $82.55 | +$21.1M |
V VACH | VOYAGER ACQUISITION CORP | 0.24% | $25.9M | 2,492,417 | $10.21 | $10.39 | +$11.5M |
A AAM | AA MISSION ACQUISITION CORP | 0.22% | $23.8M | 2,280,397 | $10.19 | $10.42 | +$4.8M |
A AACT | ARES ACQUISITION CORP II | 0.21% | $22.9M | 2,023,711 | $11.13 | $11.33 | +$14.1M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
M MSTR | MICROSTRATEGY INC | Bought | Put | $574.3M | 14,208 | $404.23 | $205.04 | +125 | +$168.4M |
R RIVN | RIVIAN AUTOMOTIVE INC | Bought | Put | $185.3M | 134,898 | $13.74 | $12.63 | +11,985 | +$32.3M |
C COIN | COINBASE GLOBAL INC | Sold | Put | $169.5M | 4,837 | $350.49 | $92.01 | -1,472 | +$60.9M |
R RKLB | ROCKET LAB CORP | New | Put | $127.4M | 35,628 | $35.77 | $35.77 | +35,628 | +$127.4M |
M MARA | MARA HOLDINGS INC | Bought | Put | $126.7M | 80,786 | $15.68 | $15.90 | +15,492 | +$51.6M |