Vault-13

N/A

0 · CUSIP 000000000

83 institutional holders -8 vs Q4 2024
393,732,029393.7m shares reported held*
$6.8bnreported value*
15 new 2 added 3 reduced 6 sold out net sold ≈ $1.5bn (-199.8m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $17.17. Options: 0 managers hold calls (— notional), 1 hold puts ($0).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 101Q4 22: 91Q1 23: 92Q2 23: 97Q3 23: 105Q4 23: 67Q1 24: 78Q2 24: 82Q3 24: 97Q4 24: 91Q1 25: 8383Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022101
Q4 202291
Q1 202392
Q2 202397
Q3 2023105
Q4 202367
Q1 202478
Q2 202482
Q3 202497
Q4 202491
Q1 202583

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q2 23: 18 bought or addedQ2 23: 6 cut or sold outQ3 23: 20 bought or addedQ3 23: 6 cut or sold outQ3 23Q4 23: 18 bought or addedQ4 23: 8 cut or sold outQ1 24: 30 bought or addedQ1 24: 3 cut or sold outQ1 24Q2 24: 23 bought or addedQ2 24: 6 cut or sold outQ3 24: 23 bought or addedQ3 24: 8 cut or sold outQ3 24Q4 24: 27 bought or addedQ4 24: 3 cut or sold outQ1 25: 17 bought or addedQ1 25: 9 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023186
Q3 2023206
Q4 2023188
Q1 2024303
Q2 2024236
Q3 2024238
Q4 2024273
Q1 2025179

Biggest buyers

Exor N.V. Added +8,225,663+8.2m
Accredited Wealth Management, LLC New +239,473+239.5k
Somerset Group LLC New +5,934+5.9k
Codex Capital Asset Management L.L.C. Added +4,000+4.0k
Pharo Management, Inc. New +00
WMS Partners, LLC New +00
V3 Capital Management, L.P. New +00
XR Securities LLC New +00
GRAND JEAN CAPITAL MANAGEMENT INC New +00
INVESTMENTAKTIENGESELLSCHAFT FUER LANGFRISTIGE INVESTOREN TGV New +00

Biggest sellers

Westwood Global Investments, LLC Reduced -206,264,688-206.3m
WALNUT PRIVATE EQUITY PARTNERS, LLC Sold out -1,670,823-1.7m
McAlister, Sweet & Associates, Inc. Sold out -249,137-249.1k
LBMC INVESTMENT ADVISORS, LLC Sold out -20,616-20.6k
Strategic Investment Solutions, Inc. /IL Reduced -10,681-10.7k
Pensionfund Sabic Reduced -9,800-9.8k
AFBI LP Sold out +00
Arkhouse Management Co. LP Sold out +00
Spear Holdings RSC Ltd Sold out +00

Biggest calls

None

Biggest puts

Provida Pension Fund Administrator Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Westwood Global Investments, LLC 50.00% of their portfolio BOSTON, MA 202,684,622202.7m $1.6bn $1.6bn 50.00% Reduced -206.3m -206,264,688
2 Exor N.V. 94.32% of their portfolio Amsterdam, P7 172,779,520172.8m $4.4bn $4.4bn 94.32% Added +8.2m +8,225,663
3 ORBIMED ADVISORS LLC 0.30% of their portfolio New York, NY 12,048,77312.0m $12.5m $12.5m 0.30% Unchanged
4 WGI DM, LLC 50.00% of their portfolio BOSTON, MA 5,910,0775.9m $710.7m $710.7m 50.00% First filing
5 Accredited Wealth Management, LLC 19.41% of their portfolio LOUISVILLE, KY 239,473239.5k $23.0m $23.0m 19.41% New
6 Pensionfund Sabic 0.88% of their portfolio SITTARD, P7 44,40844.4k $3.0m $3.0m 0.88% Reduced -9.8k -9,800
7 Codex Capital Asset Management L.L.C. 2.21% of their portfolio DALLAS, TX 19,00019.0k $4.7m $4.7m 2.21% Added +4.0k +4,000
8 Somerset Group LLC 0.23% of their portfolio WAYZATA, MN 5,9345.9k $258.1k $258.1k 0.23% New
9 Strategic Investment Solutions, Inc. /IL 0.01% of their portfolio ORLAND PARK, IL 222222 $20.0k $20.0k 0.01% Reduced -10.7k -10,681
10 SVB FINANCIAL GROUP — of their portfolio Dallas, TX 00 $0 $0 — Unchanged
11 KEYSTONE GROUP, L.P. — of their portfolio FORT WORTH, TX 00 $0 $0 — Unchanged
12 KOCH INDUSTRIES LLC — of their portfolio WICHITA, KS 00 $0 $0 — Unchanged
13 BASS LEE M /TX/ — of their portfolio FORT WORTH, TX 00 $0 $0 — Unchanged
14 GENRE PARTNERS L P — of their portfolio FORT WORTH, TX 00 $0 $0 — Unchanged
15 Spinnaker Capital LTD — of their portfolio LONDON, X0 00 $0 $0 — Unchanged
16 OBERNDORF WILLIAM E 0.00% of their portfolio San Francisco, CA 00 $0 $0 0.00% Unchanged
17 BASS SID R — of their portfolio FORT WORTH, TX 00 $0 $0 — Unchanged
18 GRAND JEAN CAPITAL MANAGEMENT INC — of their portfolio San Francisco, CA 00 $0 $0 — New
19 Genesis Investment Management, LLP — of their portfolio London, X0 00 $0 $0 — New
20 NORGES BANK 0.00% of their portfolio OSLO, Q8 00 $0 $0 0.00% New
21 SC XII MANAGEMENT LLC — of their portfolio Menlo Park, CA 00 $0 $0 — Unchanged
22 CVentures, Inc. — of their portfolio GREENWOOD VLG, CO 00 $0 $0 — Unchanged
23 Hartz Capital, Inc. — of their portfolio SECAUCUS, NJ 00 $0 $0 — Unchanged
24 NNS Holding — of their portfolio CAMANA BAY, GRAND CAYMAN, E9 00 $0 $0 — Unchanged
25 Ridgeback Capital Investments L.P. — of their portfolio MIAMI BEACH, FL 00 $0 $0 — Not comparable
26 Cowen Investment Management LLC — of their portfolio NEW YORK, NY 00 $0 $0 — New
27 Pharo Management, Inc. — of their portfolio NEW YORK, NY 00 $0 $0 — New
28 WMS Partners, LLC — of their portfolio TOWSON, MD 00 $0 $0 — New
29 Chieftain Capital Management, Inc. — of their portfolio New York, NY 00 $0 $0 — Unchanged
30 Schreiber John — of their portfolio LAKE FOREST, IL 00 $0 $0 — Unchanged
31 Cohanzick Management, LLC — of their portfolio Pleasantville, NY 00 $0 $0 — Unchanged
32 Marquard & Bahls AG — of their portfolio Hamburg, 2M 00 $0 $0 — Unchanged
33 V3 Capital Management, L.P. — of their portfolio DALLAS, TX 00 $0 $0 — New
34 GLADE BROOK CAPITAL PARTNERS LLC — of their portfolio GREENWICH, CT 00 $0 $0 — Unchanged
35 XR Securities LLC — of their portfolio CHICAGO, IL 00 $0 $0 — New
36 OAK HILL CAPITAL MANAGEMENT, LLC — of their portfolio New York, NY 00 $0 $0 — Unchanged
37 Unicom Capital LLC — of their portfolio Denver, CO 00 $0 $0 — Unchanged
38 EnCap Energy Capital Fund IX, L.P. — of their portfolio Houston, TX 00 $0 $0 — New
39 INVESTMENTAKTIENGESELLSCHAFT FUER LANGFRISTIGE INVESTOREN TGV — of their portfolio BONN, 2M 00 $0 $0 — New
40 CROSBY Co OF NEW HAMPSHIRE LLC — of their portfolio SALEM, NH 00 $0 $0 — Unchanged
41 MARLIN SAMS CAPITAL MANAGEMENT LLC — of their portfolio New York, NY 00 $0 $0 — Unchanged
42 Founders Fund IV Management, LLC — of their portfolio SAN FRANCISCO, CA 00 $0 $0 — Unchanged
43 Pillar Wealth Advisors, LLC — of their portfolio WESTTOWN, PA 00 $0 $0 — Unchanged
44 Harbor Spring Capital, LLC — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
45 SQN Investors LP — of their portfolio Menlo Park, CA 00 $0 $0 — Unchanged
46 Asia Research & Capital Management Ltd — of their portfolio HONG KONG, K3 00 $0 $0 — Unchanged
47 G.F.W. Energy XI, L.P. — of their portfolio DALLAS, TX 00 $0 $0 — Unchanged
48 Founders Fund II Management, LLC — of their portfolio SAN FRANCISCO, CA 00 $0 $0 — Unchanged
49 FACTORIAL MANAGEMENT Ltd — of their portfolio HONG KONG, K3 00 $0 $0 — Unchanged
50 Bass Edward P — of their portfolio FORT WORTH, TX 00 $0 $0 — Unchanged
51 Pearl River Capital, LLC — of their portfolio Niles, MI 00 $0 $0 — Unchanged
52 QVR LLC — of their portfolio San Francisco, CA 00 $0 $0 — Unchanged
53 Albar Capital Ltd — of their portfolio LONDON, X0 00 $0 $0 — Unchanged
54 DUALITY ADVISERS, LP — of their portfolio MIAMI, FL 00 $0 $0 — Unchanged
55 COWBIRD CAPITAL LP — of their portfolio New York, NY 00 $0 $0 — Unchanged
56 Yarra Square Partners LP — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
57 Builders Vision, LLC — of their portfolio Chicago, IL 00 $0 $0 — Unchanged
58 NNS Investments (Cyprus) Ltd — of their portfolio LIMASSOL, G4 00 $0 $0 — Unchanged
59 Alpha Omega Group, Inc. — of their portfolio RESTON, VA 00 $0 $0 — New
60 1623 Capital LLC — of their portfolio ALEXANDRIA, VA 00 $0 $0 — Unchanged
61 INCLUSIVE CAPITAL PARTNERS, L.P. — of their portfolio SAN FRANCISCO, CA 00 $0 $0 — Unchanged
62 Carmenna Advisors LLC — of their portfolio MIAMI BEACH, FL 00 $0 $0 — Unchanged
63 Northwoods Investments LLC — of their portfolio DOVER, DE 00 $0 $0 — Unchanged
64 Founders Fund III Management, LLC — of their portfolio SAN FRANCISCO, CA 00 $0 $0 — Unchanged
65 Covalis (Gibraltar) Ltd — of their portfolio MIDTOWN, J1 00 $0 $0 — Unchanged
66 Taika Capital, LP — of their portfolio SUNNY ISLES BEACH, FL 00 $0 $0 — New
67 Clear Sky Carbon Solutions Investment Management, LLC — of their portfolio BELLAIRE, TX 00 $0 $0 — Unchanged
68 H&F Corporate Investors X, Ltd. — of their portfolio San Francisco, CA 00 $0 $0 — Unchanged
69 RK Capital Management, LLC/FL 0.00% of their portfolio Weston, FL 00 $0 $0 0.00% Unchanged
70 Decas Capital LLC — of their portfolio CHARLOTTESVILLE, VA 00 $0 $0 — First filing
71 Point72 Middle East FZE — of their portfolio DUBAI, C0 00 $0 $0 — Unchanged
72 Social Capital Group LLC — of their portfolio MENLO PARK, CA 00 $0 $0 — Unchanged
73 Stillwater LLC — of their portfolio GREENWICH, CT 00 $0 $0 — Unchanged
74 Council Ring Capital, LLC — of their portfolio Northbrook, IL 00 $0 $0 — Unchanged
75 Stonepeak GP Investors Holdings Manager LLC — of their portfolio NEW YORK, NY 00 $0 $0 — Unchanged
76 Schreiber Kathleen — of their portfolio LAKE FOREST, IL 00 $0 $0 — Unchanged
77 nVerses Capital, LLC — of their portfolio WELLINGTON, FL 00 $0 $0 — Unchanged
78 Lindenstone AG — of their portfolio Hamburg, 2M 00 $0 $0 — Unchanged
79 PBCay One RSC Ltd — of their portfolio AL MARYAH ISLAND, C0 00 $0 $0 — Unchanged
80 Ace Management Global Ltd. — of their portfolio SAO PAULO, D5 00 $0 $0 — New
81 SHCP, LLC — of their portfolio CINCINNATI, OH 00 $0 $0 — Unchanged
82 Frist Capital, LLC — of their portfolio NASHVILLE, TN 00 $0 $0 — Unchanged
83 Premier Wealth Management W.L.L. — of their portfolio MANAMA, C6 00 $0 $0 — Unchanged