Vault-13

CHURCHILL CAPITAL CORP VII

COM CL A · CUSIP 17144M102

64 institutional holders -55 vs Q1 2023
55,340,88755.3m shares reported held*
$569.5mreported value*
8 new 8 added 34 reduced 62 sold out net sold ≈ $810.6m (-78.6m 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 ≈ $10.29. Options: 3 managers hold calls ($8.3m notional), 1 hold puts ($0).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 147Q4 22: 135Q1 23: 119Q2 23: 6464Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022147
Q4 2022135
Q1 2023119
Q2 202364

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 37 bought or addedQ4 22: 48 cut or sold outQ4 22Q1 23: 38 bought or addedQ1 23: 44 cut or sold outQ1 23Q2 23: 16 bought or addedQ2 23: 96 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223748
Q1 20233844
Q2 20231696

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 22 calls: $5.3mQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $389.9kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $395.6kQ1 23 puts: $1.0kQ1 23P/C 0.00Q2 23 calls: $8.3mQ2 23 puts: $0Q2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$5.3m$00.00
Q4 2022$389.9k$00.00
Q1 2023$395.6k$1.0k0.00
Q2 2023$8.3m$00.00

Biggest buyers

PICTON MAHONEY ASSET MANAGEMENT New +1,150,000+1.1m
Atlas Merchant Capital LLC Added +1,000,000+1.0m
P SCHOENFELD ASSET MANAGEMENT LP New +983,000+983.0k
Fort Baker Capital Management LP Added +500,000+500.0k
BERKLEY W R CORP New +386,160+386.2k
Shaolin Capital Management LLC Added +317,000+317.0k
Castle Creek Arbitrage, LLC Added +188,455+188.5k
Sage Rock Capital Management LP Added +173,000+173.0k
Walleye Capital LLC Added +163,520+163.5k
JPMORGAN CHASE & CO Added +97,439+97.4k

Biggest sellers

JANE STREET GROUP, LLC Sold out -12,692,756-12.7m
ARISTEIA CAPITAL, L.L.C. Reduced -6,026,937-6.0m
MARSHALL WACE, LLP Sold out -5,046,108-5.0m
HSBC HOLDINGS PLC Reduced -4,211,283-4.2m
Westchester Capital Management, LLC Sold out -3,097,112-3.1m
Magnetar Financial LLC Reduced -2,753,664-2.8m
Cowen Investment Management LLC Sold out -2,585,000-2.6m
Balyasny Asset Management L.P. Sold out -2,488,300-2.5m
BOOTHBAY FUND MANAGEMENT, LLC Reduced -2,257,252-2.3m
MILLENNIUM MANAGEMENT LLC Reduced -2,229,799-2.2m

Biggest calls

Sandia Investment Management LP New $7.9m770.0k shares
Paloma Partners Management Co Unchanged $402.6k39.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Magnetar Financial LLC 1.88% of their portfolio EVANSTON, IL 8,306,2068.3m $85.7m $85.7m 1.88% Reduced -2.8m -2,753,664
2 Atlas Merchant Capital LLC 13.76% of their portfolio New York, NY 6,257,7186.3m $64.6m $64.6m 13.76% Added +1.0m +1,000,000
3 AQR Arbitrage LLC 1.74% of their portfolio Greenwich, CT 3,909,0673.9m $40.3m $40.3m 1.74% Reduced -151.2k -151,193
4 Meteora Capital, LLC 6.50% of their portfolio Boca Raton, FL 3,420,0013.4m $35.3m $35.3m 6.50% Reduced -1.3m -1,256,847
5 Taconic Capital Advisors LP 2.08% of their portfolio NEW YORK, NY 3,388,8643.4m $34.5m $34.5m 2.08% Unchanged
6 MMCAP International Inc. SPC 7.19% of their portfolio GRAND CAYMAN, E9 2,146,0002.1m $21.8m $21.8m 7.19% Unchanged
7 Empyrean Capital Partners, LP 1.03% of their portfolio LOS ANGELES, CA 1,912,3221.9m $19.7m $19.7m 1.03% Unchanged
8 Alberta Investment Management Corp 0.16% of their portfolio EDMONTON, A0 1,654,8551.7m $17.1m $17.1m 0.16% Unchanged
9 Fort Baker Capital Management LP 2.42% of their portfolio Larkspur, CA 1,654,3201.7m $17.1m $17.1m 2.42% Added +500.0k +500,000
10 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,600,1331.6m $16.5m $16.5m 0.01% Reduced -846.3k -846,312
11 Castle Creek Arbitrage, LLC 1.93% of their portfolio AVON, CO 1,511,7891.5m $15.6m $15.6m 1.93% Added +188.5k +188,455
12 ARISTEIA CAPITAL, L.L.C. 0.54% of their portfolio GREENWICH, CT 1,500,0001.5m $15.5m $15.5m 0.54% Reduced -6.0m -6,026,937
13 MOORE CAPITAL MANAGEMENT, LP 0.38% of their portfolio NEW YORK, NY 1,500,0001.5m $15.5m $15.5m 0.38% Reduced -500.0k -500,000
14 Radcliffe Capital Management, L.P. 1.05% of their portfolio BALA CYNWYD, PA 1,200,0001.2m $12.4m $12.4m 1.05% Reduced -60.6k -60,600
15 PICTON MAHONEY ASSET MANAGEMENT 0.58% of their portfolio Toronto, A6 1,150,0001.1m $11.9m $11.9m 0.58% New
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,136,6761.1m $11.7m $11.7m 0.00% Reduced -218.6k -218,597
17 Periscope Capital Inc. 0.81% of their portfolio Toronto, A6 1,000,0001.0m $10.3m $10.3m 0.81% Reduced -1.3m -1,275,291
18 Hudson Bay Capital Management LP 0.10% of their portfolio STAMFORD, CT 997,389997.4k $10.3m $10.3m 0.10% Reduced -997.2k -997,189
19 P SCHOENFELD ASSET MANAGEMENT LP 1.38% of their portfolio NEW YORK, NY 983,000983.0k $10.1m $10.1m 1.38% New
20 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.20% of their portfolio CHICAGO, IL 921,523921.5k $9.5m $9.5m 0.20% Reduced -20.8k -20,770
21 Shaolin Capital Management LLC 0.83% of their portfolio Miami, FL 869,162869.2k $9.0m $9.0m 0.83% Added +317.0k +317,000
22 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 700,000700.0k $7.2m $7.2m 0.01% Reduced -2.2m -2,229,799
23 KIM, LLC 0.61% of their portfolio WICHITA, KS 689,017689.0k $7.1m $7.1m 0.61% Reduced -500.0k -500,000
24 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 570,955571.0k $5.9m $5.9m 0.01% Reduced -4.2m -4,211,283
25 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 513,241513.2k $5.3m $5.3m 0.01% Reduced -1.6m -1,604,436
26 Mint Tower Capital Management B.V. 0.67% of their portfolio AMSTERDAM, P7 500,000500.0k $5.2m $5.2m 0.67% Reduced -219.2k -219,197
27 Verition Fund Management LLC 0.07% of their portfolio GREENWICH, CT 405,566405.6k $4.2m $4.2m 0.07% Reduced -707.1k -707,126
28 Walleye Capital LLC 0.07% of their portfolio NEW YORK, NY 398,496398.5k $4.1m $4.1m 0.07% Added +163.5k +163,520
29 BERKLEY W R CORP 0.24% of their portfolio Greenwich, CT 386,160386.2k $4.0m $4.0m 0.24% New
30 Sage Rock Capital Management LP 4.73% of their portfolio NEW YORK, NY 376,310376.3k $3.9m $3.9m 4.73% Added +173.0k +173,000
31 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 327,037327.0k $3.4m $3.4m 0.03% Unchanged
32 First Trust Capital Management L.P. 0.18% of their portfolio CHICAGO, IL 300,000300.0k $3.1m $3.1m 0.18% Reduced -1.3m -1,324,286
33 BOOTHBAY FUND MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 272,323272.3k $2.8m $2.8m 0.09% Reduced -2.3m -2,257,252
34 GABELLI & Co INVESTMENT ADVISERS, INC. 0.46% of their portfolio Rye, NY 268,298268.3k $2.8m $2.8m 0.46% Unchanged
35 Sculptor Capital LP 0.07% of their portfolio New York, NY 253,628253.6k $2.6m $2.6m 0.07% Reduced -250.0k -249,991
36 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.13% of their portfolio WEST PALM BEACH, FL 250,000250.0k $2.6m $2.6m 0.13% Reduced -1.5m -1,455,429
37 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 250,000250.0k $2.6m $2.6m 0.01% Unchanged
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 197,439197.4k $2.0m $2.0m 0.00% Added +97.4k +97,439
39 FIR TREE CAPITAL MANAGEMENT LP 0.20% of their portfolio New York, NY 194,602194.6k $2.0m $2.0m 0.20% Reduced -93.8k -93,790
40 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 194,429194.4k $2.0m $2.0m 0.00% Reduced -200.0k -200,000
41 PRELUDE CAPITAL MANAGEMENT, LLC 0.15% of their portfolio NEW YORK, NY 175,000175.0k $1.8m $1.8m 0.15% Reduced -1.5m -1,479,016
42 Walleye Trading LLC 0.09% of their portfolio NEW YORK, NY 170,804170.8k $1.8m $1.8m 0.09% Added +92.0k +91,980
43 GRITSTONE ASSET MANAGEMENT LLC 1.71% of their portfolio Bethesda, MD 135,234135.2k $1.4m $1.4m 1.71% Reduced -631 -631
44 Bulldog Investors, LLP 0.43% of their portfolio SADDLE BROOK, NJ 124,920124.9k $1.3m $1.3m 0.43% Reduced -267.6k -267,628
45 BlackRock Inc. 0.00% of their portfolio New York, NY 100,000100.0k $1.0m $1.0m 0.00% Unchanged
46 MASO CAPITAL PARTNERS Ltd 0.45% of their portfolio HONG KONG, K3 100,000100.0k $1.0m $1.0m 0.45% Unchanged
47 Spartan Fund Management Inc. 0.02% of their portfolio TORONTO, ONTARIO, Z4 88,84988.8k $79.4k $79.4k 0.02% New
48 Kepos Capital LP 0.14% of their portfolio NEW YORK, NY 75,00075.0k $774.0k $774.0k 0.14% First filing
49 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 70,00070.0k $722.4k $722.4k 0.01% Reduced -173.1k -173,106
50 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 60,00060.0k $619.2k $619.2k 0.00% Unchanged
51 Tuttle Capital Management, LLC 2.04% of their portfolio RIVERSIDE, CT 41,76241.8k $431.0k $431.0k 2.04% Unchanged
52 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 22,68022.7k $234.1k $234.1k 0.00% Reduced -66.8k -66,803
53 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 22,33222.3k $230.5k $230.5k 0.00% Reduced -28.2k -28,173
54 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 18,43618.4k $190.3k $190.3k 0.02% Reduced -36.9k -36,938
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 17,16117.2k $177.1k $177.1k 0.00% Reduced -320.1k -320,057
56 Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio HONG KONG, K3 15,47215.5k $159.7k $159.7k 0.02% New
57 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 15,40715.4k $159.0k $159.0k 0.03% New
58 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 13,47713.5k $139.1k $139.1k 0.00% Unchanged
59 FNY Investment Advisers, LLC 0.03% of their portfolio NEW YORK, NY 2,4002.4k $24.0k $24.0k 0.03% Reduced -16.2k -16,200
60 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 2,3302.3k $24.0k $24.0k 0.00% New
61 Legal & General Group Plc 0.00% of their portfolio London, X0 2,1962.2k $22.7k $22.7k 0.00% New
62 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 900900 $9.3k $9.3k 0.00% Reduced -3.0k -3,030
63 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 11 $0 $0 0.00% Reduced -100 -100
64 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged