Vault-13

ARKO CORP

*W EXP 12/22/202 · CUSIP 041242116

16 institutional holders -5 vs Q1 2023
10,698,65410.7m shares reported held*
$15.8mreported value*
1 new 0 added 2 reduced 5 sold out net sold ≈ $2.1m (-1.4m 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 ≈ $1.48. Options: 3 managers hold calls ($406.6k notional), 0 hold puts (—).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 21Q4 22: 22Q1 23: 21Q2 23: 1616Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202221
Q4 202222
Q1 202321
Q2 202316

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 5 bought or addedQ4 22: 6 cut or sold outQ4 22Q1 23: 3 bought or addedQ1 23: 3 cut or sold outQ1 23Q2 23: 1 bought or addedQ2 23: 7 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202256
Q1 202333
Q2 202317

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 22 calls: $264.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $640.2kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $594.8kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $406.6kQ2 23 puts: $0Q2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$264.0k$00.00
Q4 2022$640.2k$00.00
Q1 2023$594.8k$00.00
Q2 2023$406.6k$00.00

Biggest buyers

ZAZOVE ASSOCIATES LLC New +251,013+251.0k

Biggest sellers

Phoenix Financial Ltd. Sold out -1,138,503-1.1m
CM Management, LLC Sold out -400,000-400.0k
ARISTEIA CAPITAL, L.L.C. Reduced -98,952-99.0k
Cresset Asset Management, LLC Sold out -28,690-28.7k
Fort Baker Capital Management LP Reduced -24,358-24.4k
WOLVERINE ASSET MANAGEMENT LLC Sold out -1,555-1.6k
Belpointe Asset Management LLC Sold out -499-499

Biggest calls

MARSHALL WACE, LLP Reduced $185.3k23.3k shares
MILLENNIUM MANAGEMENT LLC Unchanged $146.8k98.5k shares
DEUTSCHE BANK AG\ Unchanged $74.5k50.0k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LMR Partners LLP 0.13% of their portfolio LONDON, X0 3,744,0763.7m $5.6m $5.6m 0.13% Unchanged
2 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 1,433,8831.4m $2.1m $2.1m 0.00% Unchanged
3 ARES MANAGEMENT LLC 0.03% of their portfolio LOS ANGELES, CA 1,100,0001.1m $1.6m $1.6m 0.03% Unchanged
4 Alberta Investment Management Corp 0.01% of their portfolio EDMONTON, A0 843,166843.2k $1.3m $1.3m 0.01% Unchanged
5 ARISTEIA CAPITAL, L.L.C. 0.04% of their portfolio GREENWICH, CT 824,525824.5k $1.2m $1.2m 0.04% Reduced -99.0k -98,952
6 Davidson Kempner Capital Management LP 0.02% of their portfolio New York, NY 533,333533.3k $730.7k $730.7k 0.02% Unchanged
7 Fort Baker Capital Management LP 0.09% of their portfolio Larkspur, CA 405,777405.8k $604.6k $604.6k 0.09% Reduced -24.4k -24,358
8 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 388,463388.5k $578.8k $578.8k 0.00% Unchanged
9 Hiddenite Capital Partners LP 0.70% of their portfolio NEW YORK, NY 366,628366.6k $546.3k $546.3k 0.70% Unchanged
10 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 333,333333.3k $496.7k $496.7k 0.00% Unchanged
11 Bleichroeder LP 0.10% of their portfolio NEW YORK, NY 333,333333.3k $496.7k $496.7k 0.10% Unchanged
12 ZAZOVE ASSOCIATES LLC 0.03% of their portfolio INCLINE VILLAGE, NV 251,013251.0k $355.0k $355.0k 0.03% New
13 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 113,989114.0k $169.8k $169.8k 0.00% Unchanged
14 OBSIDIAN CIO, LLC 0.01% of their portfolio NEW YORK, NY 15,00015.0k $22.4k $22.4k 0.01% Unchanged
15 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 12,13512.1k $18.1k $18.1k 0.00% Unchanged
16 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged