FLAME ACQUISITION CORP
COM CL A · CUSIP 33850F108
15
institutional holders
-7 vs Q2 2023
3.8m
shares reported held*
$39.9mreported value*
4 new
0 added
6 reduced
11 sold out
net sold ≈ $22.2m (-2.1m 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 ≈ $10.46. Options: 1 managers hold calls ($8.4m notional), 0 hold puts (—).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 89 |
| Q4 2022 | 74 |
| Q1 2023 | 19 |
| Q2 2023 | 22 |
| Q3 2023 | 15 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 18 | 45 |
| Q1 2023 | 5 | 62 |
| Q2 2023 | 12 | 7 |
| Q3 2023 | 4 | 17 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $0 | $0 | — |
| Q1 2023 | $8.1m | $0 | 0.00 |
| Q2 2023 | $8.2m | $770.0k | 0.09 |
| Q3 2023 | $8.4m | $0 | 0.00 |
Biggest buyers
| Aventail Capital Group, LP | New | +676.2k |
| UBS Group AG | New | +200.1k |
| Shaolin Capital Management LLC | New | +95.7k |
| Briaud Financial Planning Inc | New | +2.0k |
Biggest sellers
| COWEN AND COMPANY, LLC | Sold out | -489.7k |
| BERKLEY W R CORP | Sold out | -476.8k |
| BRIDGER MANAGEMENT, LLC | Sold out | -443.0k |
| FIR TREE CAPITAL MANAGEMENT LP | Sold out | -310.5k |
| Periscope Capital Inc. | Reduced | -283.2k |
| MANGROVE PARTNERS IM, LLC | Sold out | -272.3k |
| DEUTSCHE BANK AG\ | Sold out | -200.0k |
| Westchester Capital Management, LLC | Sold out | -178.8k |
| Atlas Merchant Capital LLC | Sold out | -125.0k |
| CLEAR STREET LLC | Sold out | -102.5k |
Biggest calls
| Alyeska Investment Group, L.P. | Unchanged | $8.4m800.0k 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, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| Fort Baker Capital Management LP 0.82% of their portfolio | 795.5k $8.3m | Reduced -4.5k |
| Meteora Capital, LLC 1.34% of their portfolio | 750.6k $7.9m | Reduced -54.9k |
| Aventail Capital Group, LP 0.49% of their portfolio | 676.2k $7.1m | New |
| Sculptor Capital LP 0.15% of their portfolio | 602.0k $6.3m | Reduced -7.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 270.4k $2.8m | Reduced -1.6k |
| UBS Group AG 0.00% of their portfolio | 200.1k $2.1m | New |
| MOORE CAPITAL MANAGEMENT, LP 0.06% of their portfolio | 200.0k $2.1m | Reduced -50.0k |
| Periscope Capital Inc. 0.12% of their portfolio | 100.0k $1.0m | Reduced -283.2k |
| Shaolin Capital Management LLC 0.04% of their portfolio | 95.7k $1.0m | New |
| Walleye Capital LLC 0.01% of their portfolio | 76.9k $804.1k | Unchanged |
| Walleye Trading LLC 0.01% of their portfolio | 36.0k $376.6k | Unchanged |
| Edge Capital Group, LLC 0.01% of their portfolio | 10.0k $104.6k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 2.1k $21.5k | Unchanged |
| Briaud Financial Planning Inc 0.02% of their portfolio | 2.0k $20.0k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |