Vault-13

POWER & DIGITAL INFRASTRUCTU

CLASS A COM · CUSIP 73919C100

65 institutional holders -2 vs Q4 2022
27,637,39027.6m shares reported held*
$283.3mreported value*
6 new 13 added 11 reduced 9 sold out net bought ≈ $2.9m (+282.4k 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 ≈ $10.25.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 51Q4 22: 67Q1 23: 6565Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202251
Q4 202267
Q1 202365

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 27 bought or addedQ4 22: 8 cut or sold outQ4 22Q1 23: 19 bought or addedQ1 23: 20 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022278
Q1 20231920

Biggest buyers

Westchester Capital Management, LLC Added +1,350,000+1.4m
Periscope Capital Inc. Added +1,171,827+1.2m
FIR TREE CAPITAL MANAGEMENT LP New +820,575+820.6k
KIM, LLC Added +802,000+802.0k
NOMURA HOLDINGS INC Added +718,000+718.0k
ARISTEIA CAPITAL, L.L.C. Added +282,500+282.5k
Cowen Investment Management LLC New +250,000+250.0k
First Trust Capital Management L.P. New +150,862+150.9k
RIVERNORTH CAPITAL MANAGEMENT, LLC Added +100,000+100.0k
PRELUDE CAPITAL MANAGEMENT, LLC Added +100,000+100.0k

Biggest sellers

HGC Investment Management Inc. Sold out -1,500,000-1.5m
Weiss Asset Management LP Sold out -1,250,000-1.2m
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -1,000,000-1.0m
Shaolin Capital Management LLC Reduced -885,324-885.3k
Centiva Capital, LP Reduced -750,000-750.0k
Gillson Capital LP Sold out -174,866-174.9k
Yaupon Capital Management LP Sold out -150,000-150.0k
Ghisallo Capital Management LLC Reduced -89,361-89.4k
Cubist Systematic Strategies, LLC Sold out -38,278-38.3k
Schonfeld Strategic Advisors LLC Sold out -37,600-37.6k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 0.63% of their portfolio GREENWICH, CT 2,442,5002.4m $25.0m $25.0m 0.63% Added +282.5k +282,500
2 Periscope Capital Inc. 0.92% of their portfolio Toronto, A6 1,944,0681.9m $19.9m $19.9m 0.92% Added +1.2m +1,171,827
3 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 1,485,4581.5m $15.2m $15.2m 0.04% Unchanged
4 Westchester Capital Management, LLC 0.46% of their portfolio VALHALLA, NY 1,400,0001.4m $14.3m $14.3m 0.46% Added +1.4m +1,350,000
5 Saba Capital Management, L.P. 0.33% of their portfolio NEW YORK, NY 1,332,8161.3m $13.7m $13.7m 0.33% Unchanged
6 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.63% of their portfolio NEW YORK, NY 1,309,0031.3m $13.4m $13.4m 0.63% Reduced -29.2k -29,190
7 Governors Lane LP 1.89% of their portfolio NEW YORK, NY 1,250,0001.2m $12.8m $12.8m 1.89% Unchanged
8 AQR Arbitrage LLC 0.38% of their portfolio Greenwich, CT 1,202,4581.2m $12.3m $12.3m 0.38% Reduced -29.7k -29,660
9 KIM, LLC 0.86% of their portfolio WICHITA, KS 1,202,0001.2m $12.3m $12.3m 0.86% Added +802.0k +802,000
10 NOMURA HOLDINGS INC 0.10% of their portfolio TOKYO, M0 1,015,9601.0m $10.4m $10.4m 0.10% Added +718.0k +718,000
11 Taconic Capital Advisors LP 0.63% of their portfolio NEW YORK, NY 1,000,0001.0m $10.2m $10.2m 0.63% Unchanged
12 FIR TREE CAPITAL MANAGEMENT LP 0.67% of their portfolio New York, NY 820,575820.6k $8.4m $8.4m 0.67% New
13 DAVIDSON KEMPNER PARTNERS 0.19% of their portfolio New York, NY 750,000750.0k $7.7m $7.7m 0.19% First filing
14 Linden Advisors LP 0.08% of their portfolio New York, NY 750,000750.0k $7.7m $7.7m 0.08% Unchanged
15 Davidson Kempner Capital Management LP 0.16% of their portfolio New York, NY 750,000750.0k $7.7m $7.7m 0.16% Unchanged
16 Radcliffe Capital Management, L.P. 0.46% of their portfolio BALA CYNWYD, PA 712,207712.2k $7.3m $7.3m 0.46% Unchanged
17 LMR Partners LLP 0.13% of their portfolio LONDON, X0 700,000700.0k $7.2m $7.2m 0.13% Unchanged
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 604,151604.2k $6.2m $6.2m 0.00% Reduced -5.3k -5,318
19 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio Boston, MA 600,000600.0k $6.2m $6.2m 0.01% Reduced -1.0m -1,000,000
20 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 553,000553.0k $5.7m $5.7m 0.01% Reduced -22.5k -22,544
21 CANTOR FITZGERALD, L. P. 0.09% of their portfolio NEW YORK, NY 409,754409.8k $4.2m $4.2m 0.09% Unchanged
22 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 333,180333.2k $3.4m $3.4m 0.00% Added +99.8k +99,816
23 Centiva Capital, LP 0.19% of their portfolio New York, NY 327,481327.5k $3.4m $3.4m 0.19% Reduced -750.0k -750,000
24 Vestcor Inc 0.12% of their portfolio FREDERICTON, A3 325,000325.0k $3.3m $3.3m 0.12% Unchanged
25 Polar Asset Management Partners Inc. 0.05% of their portfolio TORONTO, A6 300,000300.0k $3.1m $3.1m 0.05% Unchanged
26 GLAZER CAPITAL, LLC 0.14% of their portfolio New York, NY 252,509252.5k $2.6m $2.6m 0.14% Reduced -108 -108
27 Alberta Investment Management Corp 0.02% of their portfolio EDMONTON, A0 250,000250.0k $2.6m $2.6m 0.02% Unchanged
28 Cowen Investment Management LLC 0.67% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.67% New
29 Crystalline Management Inc. 1.96% of their portfolio Montreal, Quebec, Z4 250,000250.0k $2.5m $2.5m 1.96% Unchanged
30 Arena Capital Advisors, LLC- CA 3.25% of their portfolio LOS ANGELES, CA 227,200227.2k $2.3m $2.3m 3.25% Unchanged
31 Magnetar Financial LLC 0.04% of their portfolio EVANSTON, IL 205,700205.7k $2.1m $2.1m 0.04% Unchanged
32 Hudson Bay Capital Management LP 0.01% of their portfolio STAMFORD, CT 200,000200.0k $2.0m $2.0m 0.01% Added +100.0k +100,000
33 First Trust Capital Management L.P. 0.07% of their portfolio CHICAGO, IL 150,862150.9k $1.5m $1.5m 0.07% New
34 Sculptor Capital LP 0.04% of their portfolio New York, NY 150,000150.0k $1.5m $1.5m 0.04% Unchanged
35 DIFESA CAPITAL MANAGEMENT, LP 1.45% of their portfolio New York, NY 150,000150.0k $1.5m $1.5m 1.45% Unchanged
36 RPO LLC 0.40% of their portfolio Stamford, CT 129,221129.2k $1.3m $1.3m 0.40% Added +79.2k +79,221
37 Walleye Capital LLC 0.03% of their portfolio NEW YORK, NY 126,300126.3k $1.3m $1.3m 0.03% Unchanged
38 PRELUDE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio NEW YORK, NY 119,600119.6k $1.2m $1.2m 0.08% Added +100.0k +100,000
39 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.06% of their portfolio WEST PALM BEACH, FL 119,600119.6k $1.2m $1.2m 0.06% Added +100.0k +100,000
40 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 112,309112.3k $1.2m $1.2m 0.00% Unchanged
41 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 100,000100.0k $1.0m $1.0m 0.01% Added +50.0k +50,000
42 WHITEBOX ADVISORS LLC 0.05% of their portfolio MINNEAPOLIS, MN 100,000100.0k $1.0m $1.0m 0.05% Unchanged
43 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 100,000100.0k $1.0m $1.0m 0.01% Unchanged
44 Atlas Merchant Capital LLC 0.18% of their portfolio New York, NY 100,000100.0k $1.0m $1.0m 0.18% Unchanged
45 Context Capital Management, LLC 0.09% of their portfolio LAJOLLA, CA 99,954100.0k $1.0m $1.0m 0.09% Unchanged
46 Castle Creek Arbitrage, LLC 0.10% of their portfolio AVON, CO 86,05286.1k $882.0k $882.0k 0.10% New
47 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 80,85080.8k $830.0k $830.0k 0.00% Unchanged
48 Bulldog Investors, LLP 0.27% of their portfolio SADDLE BROOK, NJ 80,71280.7k $827.3k $827.3k 0.27% New
49 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 80,19080.2k $821.9k $821.9k 0.00% Reduced -9.9k -9,911
50 PICTON MAHONEY ASSET MANAGEMENT 0.04% of their portfolio Toronto, A6 75,00075.0k $769.0k $769.0k 0.04% Unchanged
51 Walleye Trading LLC 0.03% of their portfolio NEW YORK, NY 72,00072.0k $738.0k $738.0k 0.03% Unchanged
52 Shaolin Capital Management LLC 0.02% of their portfolio Miami, FL 68,53468.5k $702.0k $702.0k 0.02% Reduced -885.3k -885,324
53 Exos TFP Holdings LLC 0.17% of their portfolio NEW YORK, NY 66,57866.6k $682.4k $682.4k 0.17% Reduced -1.7k -1,730
54 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 58,15458.2k $596.1k $596.1k 0.02% Added +35.7k +35,654
55 OMERS ADMINISTRATION Corp 0.01% of their portfolio TORONTO, A6 50,00050.0k $512.5k $512.5k 0.01% Unchanged
56 DARK FOREST CAPITAL MANAGEMENT LP 0.12% of their portfolio NEW YORK, NY 50,00050.0k $512.5k $512.5k 0.12% Unchanged
57 Terrapin Asset Management, LLC 0.59% of their portfolio Miami, FL 43,12143.1k $442.0k $442.0k 0.59% Unchanged
58 GRITSTONE ASSET MANAGEMENT LLC 0.50% of their portfolio Bethesda, MD 38,26638.3k $392.2k $392.2k 0.50% Added +7.5k +7,500
59 Spartan Fund Management Inc. 0.12% of their portfolio TORONTO, ONTARIO, Z4 25,25725.3k $258.9k $258.9k 0.12% Unchanged
60 CLEAR STREET LLC 0.03% of their portfolio NEW YORK, NY 18,75718.8k $192.3k $192.3k 0.03% New
61 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 13,80613.8k $141.5k $141.5k 0.00% Unchanged
62 Ghisallo Capital Management LLC 0.03% of their portfolio BOSTON, MA 10,63910.6k $109.0k $109.0k 0.03% Reduced -89.4k -89,361
63 Elequin Capital, LP 0.05% of their portfolio NEW YORK, NY 6,5086.5k $66.7k $66.7k 0.05% Unchanged
64 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 100100 $1.0k $1.0k 0.00% Unchanged
65 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged