Vault-13

180 DEGREE CAP CORP TURN

COM NEW · Closed-End Fund · CUSIP 68235B208

17 institutional holders +1 vs Q1 2024
1,864,9411.9m shares reported held*
$7.1mreported value*
2 new 1 added 9 reduced 1 sold out net sold ≈ $142.3k (-37.5k 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. Holder counts are more reliable. Implied quarter-end price ≈ $3.79. Options: 5 managers hold calls ($532.3k notional), 2 hold puts ($3.8k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 17Q4 22: 19Q1 23: 17Q2 23: 17Q3 23: 17Q4 23: 17Q1 24: 16Q2 24: 1717Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202217
Q4 202219
Q1 202317
Q2 202317
Q3 202317
Q4 202317
Q1 202416
Q2 202417

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 7 bought or addedQ4 22: 6 cut or sold outQ4 22Q1 23: 7 bought or addedQ1 23: 8 cut or sold outQ2 23: 3 bought or addedQ2 23: 7 cut or sold outQ2 23Q3 23: 5 bought or addedQ3 23: 7 cut or sold outQ4 23: 5 bought or addedQ4 23: 8 cut or sold outQ4 23Q1 24: 6 bought or addedQ1 24: 7 cut or sold outQ2 24: 3 bought or addedQ2 24: 10 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202276
Q1 202378
Q2 202337
Q3 202357
Q4 202358
Q1 202467
Q2 2024310

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 23 calls: $293.0kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $86.5kQ4 23 puts: $410Q4 23P/C 0.00Q1 24 calls: $632.2kQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $532.3kQ2 24 puts: $3.8kQ2 24P/C 0.01
Numbers
QuarterCallsPutsP/C
Q3 2023$293.0k$00.00
Q4 2023$86.5k$4100.00
Q1 2024$632.2k$00.00
Q2 2024$532.3k$3.8k0.01

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +11,904+11.9k
JONES FINANCIAL COMPANIES LLLP New +2,133+2.1k
Allworth Financial LP New +3+3

Biggest sellers

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Reduced -18,750-18.8k
Greenwich Investment Management, Inc. Reduced -8,600-8.6k
CITADEL ADVISORS LLC Reduced -6,352-6.4k
MORGAN STANLEY Reduced -4,222-4.2k
FINANCIAL CONSULATE, INC Reduced -3,984-4.0k
RAFFLES ASSOCIATES LP Reduced -3,750-3.8k
Ancora Advisors LLC Reduced -3,273-3.3k
Cerity Partners LLC Reduced -2,333-2.3k
UBS Group AG Reduced -178-178
SIMPLEX TRADING, LLC Sold out -146-146

Biggest calls

CITADEL ADVISORS LLC Added $246.6k65.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $153.4k40.7k shares
GROUP ONE TRADING LLC Reduced $123.3k32.7k shares
SIMPLEX TRADING, LLC Unchanged $9.0k2.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC New $3.8k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.16% of their portfolio EDINA, MN 715,981716.0k $2.7m $2.7m 0.16% Reduced -18.8k -18,750
2 FINANCIAL CONSULATE, INC 0.50% of their portfolio HUNT VALLEY, MD 446,763446.8k $1.7m $1.7m 0.50% Reduced -4.0k -3,984
3 RAFFLES ASSOCIATES LP 1.28% of their portfolio NEW YORK, NY 299,115299.1k $1.1m $1.1m 1.28% Reduced -3.8k -3,750
4 Ancora Advisors LLC 0.01% of their portfolio Cleveland, OH 142,091142.1k $538.5k $538.5k 0.01% Reduced -3.3k -3,273
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 74,86974.9k $282.3k $282.3k 0.00% Added +11.9k +11,904
6 SHUFRO ROSE & CO LLC 0.02% of their portfolio NEW YORK, NY 67,66667.7k $256.4k $256.4k 0.02% Unchanged
7 Greenwich Investment Management, Inc. 0.18% of their portfolio NORWALK, CT 51,27551.3k $194.3k $194.3k 0.18% Reduced -8.6k -8,600
8 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 40,93440.9k $155.1k $155.1k 0.00% Reduced -2.3k -2,333
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,0008.0k $30.3k $30.3k 0.00% Unchanged
10 Access Investment Management LLC 0.01% of their portfolio ATLANTA, GA 4,5654.6k $17.3k $17.3k 0.01% Unchanged
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,3044.3k $16.3k $16.3k 0.00% Reduced -4.2k -4,222
12 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 3,8063.8k $14.3k $14.3k 0.00% Reduced -6.4k -6,352
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,0333.0k $11.5k $11.5k 0.00% Reduced -178 -178
14 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 2,1332.1k $8.1k $8.1k 0.00% New
15 VALLEY NATIONAL ADVISERS INC 0.00% of their portfolio BETHLEHEM, PA 403403 $1.0k $1.0k 0.00% Unchanged
16 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 33 $11 $11 0.00% New
17 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged