Vault-13

HEALTHWELL ACQUISITION CORP

CLASS A COM · CUSIP 42227R109

54 institutional holders +8 vs Q1 2023
23,825,73023.8m shares reported held*
$244.9mreported value*
14 new 9 added 9 reduced 6 sold out net sold ≈ $2.8m (-272.7k 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 ($982.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.28. Options: 0 managers hold calls (— notional), 1 hold puts ($7.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 43Q1 23: 46Q2 23: 5454Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202241
Q4 202243
Q1 202346
Q2 202354

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 9 bought or addedQ4 22: 7 cut or sold outQ4 22Q1 23: 17 bought or addedQ1 23: 13 cut or sold outQ1 23Q2 23: 23 bought or addedQ2 23: 15 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202297
Q1 20231713
Q2 20232315

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $7.7mQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$7.7m—

Biggest buyers

JPMORGAN CHASE & CO New +1,290,000+1.3m
Bracebridge Capital, LLC New +500,000+500.0k
First Trust Capital Management L.P. Added +376,497+376.5k
Periscope Capital Inc. Added +352,603+352.6k
KIM, LLC Added +261,600+261.6k
Exos TFP Holdings LLC Added +138,500+138.5k
AQR Arbitrage LLC New +125,076+125.1k
PICTON MAHONEY ASSET MANAGEMENT New +124,180+124.2k
Flow State Investments, L.P. New +124,180+124.2k
Westchester Capital Management, LLC New +124,180+124.2k

Biggest sellers

Apollo Management Holdings, L.P. Reduced -1,440,000-1.4m
CANTOR FITZGERALD, L. P. Sold out -1,263,438-1.3m
Shaolin Capital Management LLC Sold out -750,000-750.0k
Segantii Capital Management Ltd Sold out -290,000-290.0k
Radcliffe Capital Management, L.P. Reduced -237,477-237.5k
OAKTREE CAPITAL MANAGEMENT LP Sold out -100,000-100.0k
FIR TREE CAPITAL MANAGEMENT LP Reduced -47,158-47.2k
Magnetar Financial LLC Reduced -26,972-27.0k
BANK OF MONTREAL /CAN/ Reduced -24,956-25.0k
Wealthspring Capital LLC Reduced -19,409-19.4k

Biggest calls

None

Biggest puts

Shaolin Capital Management LLC New $7.7m750.0k 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 Castle Creek Arbitrage, LLC 3.05% of their portfolio AVON, CO 2,394,9842.4m $24.6m $24.6m 3.05% Unchanged
2 Magnetar Financial LLC 0.53% of their portfolio EVANSTON, IL 2,343,9282.3m $24.1m $24.1m 0.53% Reduced -27.0k -26,972
3 Radcliffe Capital Management, L.P. 1.39% of their portfolio BALA CYNWYD, PA 1,592,6531.6m $16.4m $16.4m 1.39% Reduced -237.5k -237,477
4 PEAK6 Investments LLC 1.39% of their portfolio CHICAGO, IL 1,582,0801.6m $16.3m $16.3m 1.39% Unchanged
5 Atalaya Capital Management LP 7.39% of their portfolio NEW YORK, NY 1,477,6801.5m $15.2m $15.2m 7.39% Unchanged
6 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,290,0001.3m $13.3m $13.3m 0.00% New
7 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,250,0001.2m $12.9m $12.9m 0.00% Reduced -25.0k -24,956
8 Periscope Capital Inc. 0.85% of their portfolio Toronto, A6 1,061,4451.1m $10.9m $10.9m 0.85% Added +352.6k +352,603
9 ARISTEIA CAPITAL, L.L.C. 0.38% of their portfolio GREENWICH, CT 1,050,0001.1m $10.8m $10.8m 0.38% Unchanged
10 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 930,000930.0k $9.6m $9.6m 0.01% Unchanged
11 Corbin Capital Partners, L.P. 8.75% of their portfolio NEW YORK, NY 922,320922.3k $9.5m $9.5m 8.75% Unchanged
12 Apollo Management Holdings, L.P. 0.10% of their portfolio New York, NY 888,240888.2k $9.1m $9.1m 0.10% Reduced -1.4m -1,440,000
13 Clal Insurance Enterprises Holdings Ltd 0.08% of their portfolio Tel-aviv, L3 650,000650.0k $6.7m $6.7m 0.08% Unchanged
14 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 592,874592.9k $6.1m $6.1m 0.01% Unchanged
15 KIM, LLC 0.52% of their portfolio WICHITA, KS 591,600591.6k $6.1m $6.1m 0.52% Added +261.6k +261,600
16 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 512,066512.1k $5.3m $5.3m 0.03% Unchanged
17 Bracebridge Capital, LLC 4.10% of their portfolio BOSTON, MA 500,000500.0k $5.1m $5.1m 4.10% New
18 First Trust Capital Management L.P. 0.28% of their portfolio CHICAGO, IL 464,040464.0k $4.8m $4.8m 0.28% Added +376.5k +376,497
19 FIR TREE CAPITAL MANAGEMENT LP 0.46% of their portfolio New York, NY 455,093455.1k $4.7m $4.7m 0.46% Reduced -47.2k -47,158
20 WOLVERINE ASSET MANAGEMENT LLC 0.09% of their portfolio CHICAGO, IL 440,599440.6k $4.5m $4.5m 0.09% Added +103.1k +103,077
21 Woodline Partners LP 0.04% of their portfolio San Francisco, CA 300,000300.0k $3.1m $3.1m 0.04% Unchanged
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 282,693282.7k $2.9m $2.9m 0.00% Unchanged
23 Schechter Investment Advisors, LLC 0.22% of their portfolio BIRMINGHAM, MI 238,045238.0k $2.4m $2.4m 0.22% Reduced -17.6k -17,600
24 Exos TFP Holdings LLC 0.93% of their portfolio NEW YORK, NY 182,349182.3k $1.9m $1.9m 0.93% Added +138.5k +138,500
25 Atlas Merchant Capital LLC 0.33% of their portfolio New York, NY 150,000150.0k $1.5m $1.5m 0.33% Unchanged
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 130,000130.0k $1.3m $1.3m 0.00% Unchanged
27 AQR Arbitrage LLC 0.06% of their portfolio Greenwich, CT 125,076125.1k $1.3m $1.3m 0.06% New
28 Westchester Capital Management, LLC 0.04% of their portfolio VALHALLA, NY 124,180124.2k $1.3m $1.3m 0.04% New
29 PICTON MAHONEY ASSET MANAGEMENT 0.06% of their portfolio Toronto, A6 124,180124.2k $1.3m $1.3m 0.06% New
30 Flow State Investments, L.P. 0.54% of their portfolio CHICAGO, IL 124,180124.2k $1.3m $1.3m 0.54% New
31 Bulldog Investors, LLP 0.42% of their portfolio SADDLE BROOK, NJ 123,085123.1k $1.3m $1.3m 0.42% New
32 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 102,412102.4k $1.1m $1.1m 0.01% Unchanged
33 DUPONT CAPITAL MANAGEMENT CORP 0.05% of their portfolio Wilmington, DE 100,000100.0k $1.0m $1.0m 0.05% Unchanged
34 COWEN AND COMPANY, LLC 0.08% of their portfolio NEW YORK, NY 97,37497.4k $1.0m $1.0m 0.08% New
35 Wealthspring Capital LLC 1.36% of their portfolio WEST HARRISON, NY 95,57195.6k $982.5k $982.5k 1.36% Reduced -19.4k -19,409
36 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.02% of their portfolio CHICAGO, IL 92,44192.4k $950.3k $950.3k 0.02% Reduced -2.1k -2,084
37 WHITEBOX ADVISORS LLC 0.04% of their portfolio MINNEAPOLIS, MN 75,00075.0k $771.0k $771.0k 0.04% Unchanged
38 Meteora Capital, LLC 0.12% of their portfolio Boca Raton, FL 62,94262.9k $647.0k $647.0k 0.12% New
39 ROBINSON CAPITAL MANAGEMENT, LLC 0.26% of their portfolio GROSSE POINTE FARMS, MI 56,07856.1k $576.5k $576.5k 0.26% Added +32.0k +32,015
40 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 55,72955.7k $572.9k $572.9k 0.00% New
41 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 51,68051.7k $531.0k $531.0k 0.01% Added +380 +380
42 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 44,07844.1k $453.0k $453.0k 0.01% Added +20.0k +19,952
43 Centiva Capital, LP 0.02% of their portfolio New York, NY 37,32737.3k $383.7k $383.7k 0.02% Unchanged
44 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 32,80032.8k $337.2k $337.2k 0.00% Unchanged
45 Saba Capital Management, L.P. 0.01% of their portfolio NEW YORK, NY 27,39127.4k $281.6k $281.6k 0.01% Unchanged
46 Virtu Financial LLC 0.02% of their portfolio New York, NY 27,18427.2k $279.0k $279.0k 0.02% Added +16.3k +16,309
47 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 20,14820.1k $207.1k $207.1k 0.00% New
48 Evercore Wealth Management, LLC 0.00% of their portfolio New York, NY 13,00013.0k $133.6k $133.6k 0.00% Unchanged
49 DELTEC ASSET MANAGEMENT LLC 0.03% of their portfolio New York, NY 12,40712.4k $127.5k $127.5k 0.03% New
50 RPO LLC 0.13% of their portfolio Stamford, CT 12,20612.2k $125.5k $125.5k 0.13% Unchanged
51 CONDOR CAPITAL MANAGEMENT 0.01% of their portfolio MARTINSVILLE, NJ 12,10012.1k $124.4k $124.4k 0.01% Reduced -5.7k -5,700
52 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2323 $236 $236 0.00% New
53 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2020 $206 $206 0.00% New
54 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged