Vault-13

CONCORD ACQUISITION CORP III

COM CL A · CUSIP 20607V106

19 institutional holders -49 vs Q1 2023
4,313,4564.3m shares reported held*
$44.9mreported value*
7 new 2 added 7 reduced 53 sold out net sold ≈ $296.0m (-28.5m 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 ≈ $10.40. Options: 1 managers hold calls ($312.0k notional), 0 hold puts (—).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 70Q4 22: 72Q1 23: 68Q2 23: 1919Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202270
Q4 202272
Q1 202368
Q2 202319

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 17 bought or addedQ4 22: 12 cut or sold outQ4 22Q1 23: 17 bought or addedQ1 23: 18 cut or sold outQ1 23Q2 23: 9 bought or addedQ2 23: 60 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221712
Q1 20231718
Q2 2023960

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ3 22 calls: $301.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $305.7kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $311.1kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $312.0kQ2 23 puts: $0Q2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$301.0k$00.00
Q4 2022$305.7k$00.00
Q1 2023$311.1k$00.00
Q2 2023$312.0k$00.00

Biggest buyers

Sandia Investment Management LP New +400,000+400.0k
Arena Investors LP New +400,000+400.0k
Centiva Capital, LP New +303,766+303.8k
BOOTHBAY FUND MANAGEMENT, LLC New +158,491+158.5k
ROBINSON CAPITAL MANAGEMENT, LLC New +60,493+60.5k
Tidal Investments LLC New +50,000+50.0k
MOORE CAPITAL MANAGEMENT, LP Added +35,000+35.0k
Virtu Financial LLC New +19,494+19.5k
Walleye Capital LLC Added +1,850+1.9k

Biggest sellers

Saba Capital Management, L.P. Sold out -2,595,089-2.6m
683 Capital Management, LLC Reduced -2,075,000-2.1m
Periscope Capital Inc. Reduced -1,548,444-1.5m
AQR Arbitrage LLC Reduced -1,383,948-1.4m
Westchester Capital Management, LLC Sold out -1,292,071-1.3m
First Trust Capital Management L.P. Sold out -1,273,614-1.3m
Sculptor Capital LP Sold out -1,241,395-1.2m
FIR TREE CAPITAL MANAGEMENT LP Reduced -1,180,243-1.2m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Reduced -1,178,575-1.2m
HGC Investment Management Inc. Sold out -941,628-941.6k

Biggest calls

Paloma Partners Management Co Unchanged $312.0k30.0k 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 AQR Arbitrage LLC 0.18% of their portfolio Greenwich, CT 400,000400.0k $4.2m $4.2m 0.18% Reduced -1.4m -1,383,948
2 683 Capital Management, LLC 0.40% of their portfolio NEW YORK, NY 400,000400.0k $4.2m $4.2m 0.40% Reduced -2.1m -2,075,000
3 Arena Investors LP 4.03% of their portfolio PURCHASE, NY 400,000400.0k $4.2m $4.2m 4.03% New
4 Sandia Investment Management LP 1.28% of their portfolio BOSTON, MA 400,000400.0k $4.2m $4.2m 1.28% New
5 Radcliffe Capital Management, L.P. 0.35% of their portfolio BALA CYNWYD, PA 399,856399.9k $4.2m $4.2m 0.35% Reduced -165.1k -165,052
6 Periscope Capital Inc. 0.31% of their portfolio Toronto, A6 381,600381.6k $4.0m $4.0m 0.31% Reduced -1.5m -1,548,444
7 Dryden Capital, LLC 5.35% of their portfolio MIAMI, FL 364,000364.0k $3.8m $3.8m 5.35% Reduced -448.0k -448,025
8 Centiva Capital, LP 0.16% of their portfolio New York, NY 303,766303.8k $3.2m $3.2m 0.16% New
9 MOORE CAPITAL MANAGEMENT, LP 0.07% of their portfolio NEW YORK, NY 285,000285.0k $3.0m $3.0m 0.07% Added +35.0k +35,000
10 FIR TREE CAPITAL MANAGEMENT LP 0.27% of their portfolio New York, NY 263,657263.7k $2.7m $2.7m 0.27% Reduced -1.2m -1,180,243
11 TENOR CAPITAL MANAGEMENT Co., L.P. 0.05% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.05% Unchanged
12 BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio NEW YORK, NY 158,491158.5k $1.6m $1.6m 0.05% New
13 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.06% Reduced -1.2m -1,178,575
14 ROBINSON CAPITAL MANAGEMENT, LLC 0.28% of their portfolio GROSSE POINTE FARMS, MI 60,49360.5k $629.1k $629.1k 0.28% New
15 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 50,00050.0k $520.0k $520.0k 0.02% New
16 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 49,12749.1k $510.9k $510.9k 0.01% Added +1.9k +1,850
17 Walleye Trading LLC 0.02% of their portfolio NEW YORK, NY 27,97228.0k $290.9k $290.9k 0.02% Unchanged
18 Virtu Financial LLC 0.02% of their portfolio New York, NY 19,49419.5k $203.0k $203.0k 0.02% New
19 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged