Vault-13

ARCHER AVIATION INC ACHR.WS

*W EXP 09/16/202 · Equity WRT · CUSIP 03945R110

20 institutional holders -2 vs Q2 2025
7,697,5767.7m shares reported held*
$21.2mreported value*
4 new 3 added 6 reduced 5 sold out net sold ≈ $398.6k (-185.7k 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 ≈ $2.76. Options: 1 managers hold calls ($443.4k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 23Q4 22: 24Q1 23: 22Q2 23: 23Q3 23: 20Q4 23: 21Q1 24: 22Q2 24: 21Q3 24: 20Q4 24: 23Q1 25: 22Q2 25: 22Q3 25: 2020Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202223
Q4 202224
Q1 202322
Q2 202323
Q3 202320
Q4 202321
Q1 202422
Q2 202421
Q3 202420
Q4 202423
Q1 202522
Q2 202522
Q3 202520

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 23: 7 bought or addedQ4 23: 3 cut or sold outQ1 24: 8 bought or addedQ1 24: 6 cut or sold outQ1 24Q2 24: 7 bought or addedQ2 24: 6 cut or sold outQ3 24: 5 bought or addedQ3 24: 6 cut or sold outQ3 24Q4 24: 10 bought or addedQ4 24: 9 cut or sold outQ1 25: 6 bought or addedQ1 25: 10 cut or sold outQ1 25Q2 25: 8 bought or addedQ2 25: 5 cut or sold outQ3 25: 7 bought or addedQ3 25: 11 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202373
Q1 202486
Q2 202476
Q3 202456
Q4 2024109
Q1 2025610
Q2 202585
Q3 2025711

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ4 24 calls: $652.0kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $364.4kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $654.0kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $443.4kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$652.0k$00.00
Q1 2025$364.4k$00.00
Q2 2025$654.0k$00.00
Q3 2025$443.4k$00.00

Biggest buyers

ARISTEIA CAPITAL, L.L.C. Added +449,869+449.9k
Hudson Bay Capital Management LP Added +40,000+40.0k
LMR Partners LLP Added +28,277+28.3k
Ionic Capital Management LLC New +17,361+17.4k
Caption Management, LLC New +5,413+5.4k
ROYAL BANK OF CANADA New +2,001+2.0k
NATIONAL BANK OF CANADA /FI/ New +200+200

Biggest sellers

Linden Advisors LP Reduced -347,490-347.5k
CSS LLC/IL Reduced -146,949-146.9k
Walleye Capital LLC Reduced -131,574-131.6k
BLUEFIN CAPITAL MANAGEMENT, LLC Sold out -34,625-34.6k
Meteora Capital, LLC Reduced -25,000-25.0k
Permanens Capital L.P. Sold out -15,483-15.5k
WOLVERINE ASSET MANAGEMENT LLC Reduced -11,587-11.6k
UBS Group AG Sold out -11,100-11.1k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -3,525-3.5k
Spire Wealth Management Sold out -1,000-1.0k

Biggest calls

MILLENNIUM MANAGEMENT LLC Unchanged $443.4k202.5k shares

Biggest puts

None

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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 0.14% of their portfolio GREENWICH, CT 2,074,2712.1m $4.6m $4.6m 0.14% Added +449.9k +449,869
2 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 1,507,3821.5m $3.3m $3.3m 0.00% Unchanged
3 LMR Partners LLP 0.03% of their portfolio LONDON, X0 1,059,1781.1m $2.3m $2.3m 0.03% Added +28.3k +28,277
4 BOOTHBAY FUND MANAGEMENT, LLC 0.14% of their portfolio NEW YORK, NY 589,106589.1k $5.6m $5.6m 0.14% Reduced -3.5k -3,525
5 Meteora Capital, LLC 0.13% of their portfolio Boca Raton, FL 561,000561.0k $1.2m $1.2m 0.13% Reduced -25.0k -25,000
6 Weiss Asset Management LP 0.02% of their portfolio BOSTON, MA 533,675533.7k $1.2m $1.2m 0.02% Unchanged
7 Standard Investments LLC 0.04% of their portfolio New York, NY 416,666416.7k $912.5k $912.5k 0.04% Unchanged
8 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 397,043397.0k $869.5k $869.5k 0.01% Reduced -131.6k -131,574
9 Linden Advisors LP 0.00% of their portfolio New York, NY 147,231147.2k $323.2k $323.2k 0.00% Reduced -347.5k -347,490
10 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 125,202125.2k $274.2k $274.2k 0.00% Added +40.0k +40,000
11 ZAZOVE ASSOCIATES LLC 0.02% of their portfolio INCLINE VILLAGE, NV 100,000100.0k $219.5k $219.5k 0.02% Unchanged
12 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 84,19484.2k $184.4k $184.4k 0.00% Unchanged
13 CSS LLC/IL 0.01% of their portfolio CHICAGO, IL 43,83743.8k $96.0k $96.0k 0.01% Reduced -146.9k -146,949
14 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 21,79521.8k $47.7k $47.7k 0.00% Reduced -11.6k -11,587
15 Ionic Capital Management LLC 0.04% of their portfolio NEW YORK, NY 17,36117.4k $38.0k $38.0k 0.04% New
16 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.00% of their portfolio Westlake, OH 10,00010.0k $21.9k $21.9k 0.00% Unchanged
17 Caption Management, LLC 0.00% of their portfolio OKLAHOMA CITY, OK 5,4135.4k $11.9k $11.9k 0.00% New
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,0212.0k $4.4k $4.4k 0.00% Unchanged
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,0012.0k $4.0k $4.0k 0.00% New
20 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 200200 $1.9k $1.9k 0.00% New