Vault-13

99 ACQUISITION GROUP INC

CL A · CUSIP 65445K101

36 institutional holders +2 vs Q1 2024
6,198,0646.2m shares reported held*
$65.1mreported value*
3 new 7 added 9 reduced 1 sold out net bought ≈ $2.2m (+213.5k 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.50.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

02040Q4 23: 36Q1 24: 34Q2 24: 3636Q4 23Q1 24Q2 24
Numbers
QuarterHolders
Q4 202336
Q1 202434
Q2 202436

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q1 24: 15 bought or addedQ1 24: 13 cut or sold outQ1 24Q2 24: 10 bought or addedQ2 24: 10 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q1 20241513
Q2 20241010

Biggest buyers

MIZUHO SECURITIES USA LLC Added +411,340+411.3k
FIR TREE CAPITAL MANAGEMENT LP New +225,000+225.0k
WOLVERINE ASSET MANAGEMENT LLC Added +196,960+197.0k
BERKLEY W R CORP Added +189,395+189.4k
UBS Group AG Added +101,501+101.5k
HGC Investment Management Inc. New +50,000+50.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +39,374+39.4k
Warberg Asset Management LLC Added +1,862+1.9k
CLEAR STREET LLC New +787+787
Tower Research Capital LLC (TRC) Added +300+300

Biggest sellers

Schechter Investment Advisors, LLC Reduced -426,600-426.6k
TWO SIGMA INVESTMENTS, LP Sold out -187,500-187.5k
Wealthspring Capital LLC Reduced -170,321-170.3k
COWEN AND COMPANY, LLC Reduced -75,637-75.6k
Bulldog Investors, LLP Reduced -51,909-51.9k
CVI Holdings, LLC Reduced -34,603-34.6k
CONDOR CAPITAL MANAGEMENT Reduced -19,632-19.6k
GLAZER CAPITAL, LLC Reduced -16,509-16.5k
Virtu Financial LLC Reduced -16,409-16.4k
Karpus Management, Inc. Reduced -3,850-3.9k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Periscope Capital Inc. 2.39% of their portfolio Toronto, A6 625,000625.0k $6.6m $6.6m 2.39% Unchanged
2 MIZUHO SECURITIES USA LLC 0.14% of their portfolio NEW YORK, NY 604,479604.5k $6.3m $6.3m 0.14% Added +411.3k +411,340
3 AQR Arbitrage LLC 0.15% of their portfolio Greenwich, CT 550,000550.0k $5.8m $5.8m 0.15% Unchanged
4 WOLVERINE ASSET MANAGEMENT LLC 0.09% of their portfolio CHICAGO, IL 468,539468.5k $4.9m $4.9m 0.09% Added +197.0k +196,960
5 COWEN AND COMPANY, LLC 0.13% of their portfolio NEW YORK, NY 441,671441.7k $4.6m $4.6m 0.13% Reduced -75.6k -75,637
6 First Trust Capital Management L.P. 0.38% of their portfolio CHICAGO, IL 400,000400.0k $4.2m $4.2m 0.38% Unchanged
7 Bulldog Investors, LLP 1.31% of their portfolio SADDLE BROOK, NJ 334,289334.3k $3.5m $3.5m 1.31% Reduced -51.9k -51,909
8 BOOTHBAY FUND MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 279,900279.9k $2.9m $2.9m 0.09% Unchanged
9 ATW SPAC MANAGEMENT LLC 3.60% of their portfolio NEW YORK, NY 279,900279.9k $2.9m $2.9m 3.60% Unchanged
10 Karpus Management, Inc. 0.07% of their portfolio Pittsford, NY 242,448242.4k $2.5m $2.5m 0.07% Reduced -3.9k -3,850
11 FIR TREE CAPITAL MANAGEMENT LP 1.67% of their portfolio New York, NY 225,000225.0k $2.4m $2.4m 1.67% New
12 BERKLEY W R CORP 0.12% of their portfolio Greenwich, CT 205,275205.3k $2.2m $2.2m 0.12% Added +189.4k +189,395
13 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 200,000200.0k $2.1m $2.1m 0.02% Unchanged
14 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 196,138196.1k $2.1m $2.1m 0.01% Unchanged
15 Schechter Investment Advisors, LLC 0.15% of their portfolio BIRMINGHAM, MI 186,092186.1k $2.0m $2.0m 0.15% Reduced -426.6k -426,600
16 Sage Rock Capital Management LP 4.64% of their portfolio NEW YORK, NY 118,000118.0k $1.2m $1.2m 4.64% Unchanged
17 Wealthspring Capital LLC 1.32% of their portfolio WEST HARRISON, NY 108,146108.1k $1.1m $1.1m 1.32% Reduced -170.3k -170,321
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 101,573101.6k $1.1m $1.1m 0.00% Added +101.5k +101,501
19 Polar Asset Management Partners Inc. 0.03% of their portfolio TORONTO, A6 100,000100.0k $1.1m $1.1m 0.03% Unchanged
20 Yakira Capital Management, Inc. 0.42% of their portfolio Westport, CT 100,000100.0k $1.1m $1.1m 0.42% Unchanged
21 GLAZER CAPITAL, LLC 0.06% of their portfolio New York, NY 73,16173.2k $768.0k $768.0k 0.06% Reduced -16.5k -16,509
22 Warberg Asset Management LLC 0.20% of their portfolio WINNETKA, IL 70,16270.2k $736.8k $736.8k 0.20% Added +1.9k +1,862
23 GABELLI & Co INVESTMENT ADVISERS, INC. 0.12% of their portfolio Rye, NY 66,60066.6k $699.4k $699.4k 0.12% Unchanged
24 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 64,43564.4k $676.7k $676.7k 0.01% Unchanged
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 63,17663.2k $663.4k $663.4k 0.00% Added +39.4k +39,374
26 HGC Investment Management Inc. 0.24% of their portfolio TORONTO, A6 50,00050.0k $525.1k $525.1k 0.24% New
27 Crossingbridge Advisors, LLC 0.23% of their portfolio PLEASANTVILLE, NY 37,25037.2k $391.1k $391.1k 0.23% Unchanged
28 WHITEBOX ADVISORS LLC 0.01% of their portfolio MINNEAPOLIS, MN 35,00035.0k $367.5k $367.5k 0.01% Unchanged
29 CVI Holdings, LLC 0.22% of their portfolio WILMINGTON, DE 24,51624.5k $257.5k $257.5k 0.22% Reduced -34.6k -34,603
30 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 20,00020.0k $210.0k $210.0k 0.00% Unchanged
31 ROBINSON CAPITAL MANAGEMENT, LLC 0.05% of their portfolio GROSSE POINTE FARMS, MI 12,00012.0k $126.0k $126.0k 0.05% Unchanged
32 Virtu Financial LLC 0.01% of their portfolio New York, NY 11,10411.1k $117.0k $117.0k 0.01% Reduced -16.4k -16,409
33 CONDOR CAPITAL MANAGEMENT 0.01% of their portfolio MARTINSVILLE, NJ 10,88310.9k $114.3k $114.3k 0.01% Reduced -19.6k -19,632
34 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 787787 $8.3k $8.3k 0.00% New
35 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 686686 $7.2k $7.2k 0.00% Added +300 +300
36 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged