MONTEREY BIO ACQUISITION COR
*W EXP 10/05/202 · CUSIP 61240F116
31
institutional holders
-2 vs Q1 2023
6.4m
shares reported held*
$7.4mreported value*
1 new
1 added
6 reduced
3 sold out
net sold ≈ $24.3k (-678.0k 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 ≈ $1.15. Options: 1 managers hold calls ($951 notional), 1 hold puts ($10.0k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 35 |
| Q4 2022 | 32 |
| Q1 2023 | 33 |
| Q2 2023 | 31 |
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 | 4 | 8 |
| Q1 2023 | 6 | 5 |
| Q2 2023 | 2 | 9 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $2.0k | $0 | 0.00 |
| Q4 2022 | $2.0k | $0 | 0.00 |
| Q1 2023 | $1.0k | $0 | 0.00 |
| Q2 2023 | $951 | $10.0k | 10.52 |
Biggest buyers
| Spartan Fund Management Inc. | Added | +252.2k |
| Meteora Capital, LLC | New | +27.6k |
Biggest sellers
| Shaolin Capital Management LLC | Sold out | -395.6k |
| RAMIUS ADVISORS LLC | Sold out | -255.7k |
| HGC Investment Management Inc. | Reduced | -160.0k |
| CVI Holdings, LLC | Reduced | -96.0k |
| Hudson Bay Capital Management LP | Reduced | -30.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -12.3k |
| K2 PRINCIPAL FUND, L.P. | Reduced | -5.0k |
| FLOW TRADERS U.S. LLC | Reduced | -2.5k |
| AQR Arbitrage LLC | Reduced | -26 |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Reduced | $95135.9k shares |
Biggest puts
| Shaolin Capital Management LLC | New | $10.0k395.6k 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
| Manager | Shares | Change |
|---|---|---|
| EHP Funds Inc. 0.01% of their portfolio | 938.6k $26.9k | Unchanged |
| MMCAP International Inc. SPC 0.01% of their portfolio | 625.0k $16.6k | Unchanged |
| Periscope Capital Inc. 0.00% of their portfolio | 531.2k $15.1k | Unchanged |
| K2 PRINCIPAL FUND, L.P. 0.00% of their portfolio | 395.0k $10.6k | Reduced -5.0k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.13% of their portfolio | 388.4k $4.2m | Unchanged |
| ATW SPAC MANAGEMENT LLC 0.01% of their portfolio | 385.0k $11.0k | Unchanged |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 384.8k $11.0k | Unchanged |
| Spartan Fund Management Inc. 0.00% of their portfolio | 327.2k $4.3k | Added +252.2k |
| Linden Advisors LP 0.00% of their portfolio | 322.7k $9.5k | Unchanged |
| MANGROVE PARTNERS IM, LLC 0.21% of their portfolio | 276.6k $3.0m | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 250.0k $6.6k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 240.4k $6.5k | Unchanged |
| Radcliffe Capital Management, L.P. 0.00% of their portfolio | 200.0k $5.7k | Unchanged |
| HGC Investment Management Inc. 0.00% of their portfolio | 160.0k $5.0k | Reduced -160.0k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 140.0k $4.2k | Unchanged |
| Arena Investors LP 0.00% of their portfolio | 133.5k $3.9k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 120.8k $3.2k | Unchanged |
| Saba Capital Management, L.P. 0.00% of their portfolio | 107.0k $3.1k | Unchanged |
| Mint Tower Capital Management B.V. 0.00% of their portfolio | 100.0k $3.0k | Unchanged |
| CLEAR STREET LLC 0.00% of their portfolio | 76.2k $2.0k | Unchanged |
| Walleye Trading LLC 0.00% of their portfolio | 68.0k $1.8k | Unchanged |
| SkyView Investment Advisors, LLC 0.00% of their portfolio | 66.0k $2.0k | Unchanged |
| FLOW TRADERS U.S. LLC 0.00% of their portfolio | 46.3k $1.0k | Reduced -2.5k |
| CVI Holdings, LLC 0.00% of their portfolio | 42.9k $1.1k | Reduced -96.0k |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 30.8k $816 | Reduced -30.8k |
| Meteora Capital, LLC 0.00% of their portfolio | 27.6k $791 | New |
| Terrapin Asset Management, LLC 0.00% of their portfolio | 22.6k $647 | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 20.9k $555 | Reduced -26 |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 10.9k $289 | Unchanged |
| EQUITEC PROPRIETARY MARKETS, LLC 0.00% of their portfolio | 10.0k $269 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |