MONTEREY CAP ACQUISITION COR
CLASS A COM · CUSIP 61244M109
17
institutional holders
-7 vs Q1 2024
4.7m
shares reported held*
$52.9mreported value*
2 new
4 added
6 reduced
9 sold out
net sold ≈ $21.6m (-1.9m 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 ≈ $11.29.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 26 |
| Q4 2022 | 32 |
| Q1 2023 | 35 |
| Q2 2023 | 38 |
| Q3 2023 | 36 |
| Q4 2023 | 26 |
| Q1 2024 | 24 |
| Q2 2024 | 17 |
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 | 11 | 5 |
| Q1 2023 | 11 | 11 |
| Q2 2023 | 18 | 10 |
| Q3 2023 | 15 | 13 |
| Q4 2023 | 13 | 24 |
| Q1 2024 | 6 | 11 |
| Q2 2024 | 6 | 15 |
Biggest buyers
| BERKLEY W R CORP | Added | +298.2k |
| Flow State Investments, L.P. | New | +208.0k |
| K2 PRINCIPAL FUND, L.P. | New | +200.2k |
| WOLVERINE ASSET MANAGEMENT LLC | Added | +121.1k |
| CLEAR STREET LLC | Added | +89.6k |
| FIR TREE CAPITAL MANAGEMENT LP | Added | +20.9k |
Biggest sellers
| Westchester Capital Management, LLC | Sold out | -508.2k |
| COWEN AND COMPANY, LLC | Sold out | -502.2k |
| Periscope Capital Inc. | Reduced | -442.7k |
| MIZUHO SECURITIES USA LLC | Sold out | -374.7k |
| Centiva Capital, LP | Sold out | -300.0k |
| Spartan Fund Management Inc. | Sold out | -173.2k |
| ATW SPAC MANAGEMENT LLC | Reduced | -108.0k |
| Shaolin Capital Management LLC | Sold out | -102.3k |
| Yakira Capital Management, Inc. | Reduced | -100.0k |
| CVI Holdings, LLC | Sold out | -87.1k |
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| WOLVERINE ASSET MANAGEMENT LLC 0.15% of their portfolio | 698.7k $7.9m | Added +121.1k |
| BERKLEY W R CORP 0.42% of their portfolio | 662.0k $7.5m | Added +298.2k |
| GLAZER CAPITAL, LLC 0.57% of their portfolio | 652.4k $7.4m | Reduced -7.4k |
| Yakira Capital Management, Inc. 2.78% of their portfolio | 621.8k $7.0m | Reduced -100.0k |
| FIR TREE CAPITAL MANAGEMENT LP 3.30% of their portfolio | 412.9k $4.7m | Added +20.9k |
| ATW SPAC MANAGEMENT LLC 5.19% of their portfolio | 375.0k $4.2m | Reduced -108.0k |
| Crystalline Management Inc. 4.70% of their portfolio | 360.5k $4.1m | Unchanged |
| Flow State Investments, L.P. 0.74% of their portfolio | 208.0k $2.4m | New |
| K2 PRINCIPAL FUND, L.P. 0.50% of their portfolio | 200.2k $2.3m | New |
| CLEAR STREET LLC 0.04% of their portfolio | 144.6k $1.6m | Added +89.6k |
| Karpus Management, Inc. 0.04% of their portfolio | 135.7k $1.5m | Reduced -1.4k |
| Walleye Capital LLC 0.01% of their portfolio | 68.5k $774.5k | Unchanged |
| Periscope Capital Inc. 0.24% of their portfolio | 57.3k $647.0k | Reduced -442.7k |
| BCK CAPITAL MANAGEMENT LP 0.34% of their portfolio | 46.4k $524.5k | Unchanged |
| Walleye Trading LLC 0.01% of their portfolio | 38.6k $435.7k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 227 $2.6k | Reduced -17 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |