Vault-13

NEWBURY STREET ACQUISITN COR

COM · CUSIP 65101L104

22 institutional holders -24 vs Q1 2023
4,420,0634.4m shares reported held*
$46.7mreported value*
2 new 3 added 5 reduced 26 sold out net sold ≈ $57.0m (-5.5m 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 ≈ $10.56. Options: 0 managers hold calls (— notional), 1 hold puts ($5.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 58Q4 22: 56Q1 23: 46Q2 23: 2222Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202258
Q4 202256
Q1 202346
Q2 202322

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 19 bought or addedQ4 22: 16 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 25 cut or sold outQ1 23Q2 23: 5 bought or addedQ2 23: 31 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221916
Q1 20232225
Q2 2023531

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 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: $5.6mQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$5.6m—

Biggest buyers

FIR TREE CAPITAL MANAGEMENT LP Added +200,000+200.0k
Westchester Capital Management, LLC Added +192,821+192.8k
Crystalline Management Inc. New +100,000+100.0k
CLEAR STREET LLC New +2,545+2.5k
Spartan Fund Management Inc. Added +1,783+1.8k

Biggest sellers

Hudson Bay Capital Management LP Reduced -799,130-799.1k
Periscope Capital Inc. Reduced -772,317-772.3k
JANE STREET GROUP, LLC Sold out -572,063-572.1k
GLAZER CAPITAL, LLC Sold out -512,287-512.3k
MIZUHO SECURITIES USA LLC Reduced -474,210-474.2k
First Trust Capital Management L.P. Sold out -396,012-396.0k
D. E. Shaw & Co., Inc. Sold out -387,010-387.0k
Shaolin Capital Management LLC Sold out -375,000-375.0k
BANK OF AMERICA CORP /DE/ Sold out -320,000-320.0k
Saba Capital Management, L.P. Sold out -276,071-276.1k

Biggest calls

None

Biggest puts

Shaolin Capital Management LLC New $5.6m537.5k 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 Linden Advisors LP 0.08% of their portfolio New York, NY 762,966763.0k $7.9m $7.9m 0.08% Unchanged
2 Owl Creek Asset Management, L.P. 0.42% of their portfolio New York, NY 500,000500.0k $5.2m $5.2m 0.42% Unchanged
3 Periscope Capital Inc. 0.41% of their portfolio Toronto, A6 500,000500.0k $5.2m $5.2m 0.41% Reduced -772.3k -772,317
4 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 436,034436.0k $4.5m $4.5m 0.00% Unchanged
5 FIR TREE CAPITAL MANAGEMENT LP 0.41% of their portfolio New York, NY 405,972406.0k $4.2m $4.2m 0.41% Added +200.0k +200,000
6 Westchester Capital Management, LLC 0.12% of their portfolio VALHALLA, NY 342,819342.8k $3.5m $3.5m 0.12% Added +192.8k +192,821
7 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.13% of their portfolio WEST PALM BEACH, FL 254,203254.2k $2.6m $2.6m 0.13% Reduced -2.0k -1,957
8 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 196,802196.8k $2.0m $2.0m 0.02% Reduced -799.1k -799,130
9 Castle Creek Arbitrage, LLC 0.25% of their portfolio AVON, CO 195,000195.0k $2.0m $2.0m 0.25% Unchanged
10 Radcliffe Capital Management, L.P. 0.16% of their portfolio BALA CYNWYD, PA 176,823176.8k $1.8m $1.8m 0.16% Reduced -31.2k -31,204
11 Mint Tower Capital Management B.V. 0.16% of their portfolio AMSTERDAM, P7 116,987117.0k $1.2m $1.2m 0.16% Unchanged
12 Crystalline Management Inc. 0.73% of their portfolio Montreal, Quebec, Z4 100,000100.0k $1.0m $1.0m 0.73% New
13 Spartan Fund Management Inc. 0.50% of their portfolio TORONTO, ONTARIO, Z4 99,70999.7k $2.1m $2.1m 0.50% Added +1.8k +1,783
14 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 85,20085.2k $884.4k $884.4k 0.02% Unchanged
15 Tuttle Capital Management, LLC 2.71% of their portfolio RIVERSIDE, CT 74,72774.7k $574.2k $574.2k 2.71% Unchanged
16 KIM, LLC 0.05% of their portfolio WICHITA, KS 51,15451.2k $531.0k $531.0k 0.05% Unchanged
17 Walleye Trading LLC 0.03% of their portfolio NEW YORK, NY 48,00048.0k $498.2k $498.2k 0.03% Unchanged
18 BlackRock Inc. 0.00% of their portfolio New York, NY 31,34131.3k $324.4k $324.4k 0.00% Unchanged
19 CAAS CAPITAL MANAGEMENT LP 0.10% of their portfolio NEW YORK, NY 20,03520.0k $208.0k $208.0k 0.10% Unchanged
20 MIZUHO SECURITIES USA LLC 0.01% of their portfolio NEW YORK, NY 19,74619.7k $200.4k $200.4k 0.01% Reduced -474.2k -474,210
21 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 2,5452.5k $26.4k $26.4k 0.00% New
22 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged