Vault-13

RAMACO RES INC METC 0 11.01.31

NOTE 11/0 · US DOMESTIC · CUSIP 75134PAB1

26 institutional holders -1 vs Q4 2025
8,925,0008.9m shares reported held*
$241.9mreported value*
6 new 9 added 5 reduced 7 sold out net bought ≈ $724.1k (-2.1m 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 ≈ $27.11.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q4 25: 27Q1 26: 2626Q4 25Q1 26
Numbers
QuarterHolders
Q4 202527
Q1 202626

Biggest buyers

Linden Advisors LP Added +26,050,000+26.1m
Context Capital Management, LLC Added +21,775,000+21.8m
Jump Financial, LLC Added +17,535,000+17.5m
Graham Capital Management, L.P. Added +9,000,000+9.0m
SHENKMAN CAPITAL MANAGEMENT INC New +7,567,000+7.6m
MIZUHO SECURITIES USA LLC Added +7,425,000+7.4m
Nuveen, LLC New +7,117,000+7.1m
Jain Global LLC New +7,000,000+7.0m
BANK OF AMERICA CORP /DE/ Added +6,600,000+6.6m
CAPSTONE INVESTMENT ADVISORS, LLC Added +4,000,000+4.0m

Biggest sellers

FOURSIXTHREE CAPITAL LP Sold out -27,000,000-27.0m
D. E. Shaw & Co., Inc. Sold out -23,000,000-23.0m
CITADEL ADVISORS LLC Reduced -15,375,000-15.4m
MILLENNIUM MANAGEMENT LLC Reduced -13,275,000-13.3m
SUSQUEHANNA ADVISORS GROUP, INC. Sold out -12,000,000-12.0m
LMR Partners LLP Reduced -10,000,000-10.0m
Ghisallo Capital Management LLC Sold out -9,500,000-9.5m
JANE STREET GROUP, LLC Reduced -9,400,000-9.4m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -9,000,000-9.0m
GOLDMAN SACHS GROUP INC Sold out -1,001,000-1.0m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Context Capital Management, LLC 1.06% of their portfolio LAJOLLA, CA 60,005,00060.0m $45.9m $45.9m 1.06% Added +21.8m +21,775,000
2 Graham Capital Management, L.P. 1.46% of their portfolio ROWAYTON, CT 56,300,00056.3m $43.2m $43.2m 1.46% Added +9.0m +9,000,000
3 Linden Advisors LP 0.14% of their portfolio New York, NY 33,330,00033.3m $25.7m $25.7m 0.14% Added +26.1m +26,050,000
4 Jump Financial, LLC 0.33% of their portfolio Chicago, IL 29,035,00029.0m $22.1m $22.1m 0.33% Added +17.5m +17,535,000
5 Acasta Partners UK LLP 5.83% of their portfolio LONDON, X0 20,000,00020.0m $15.3m $15.3m 5.83% Unchanged
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 16,894,00016.9m $12.8m $12.8m 0.00% Added +6.6m +6,600,000
7 Calamos Advisors LLC 0.04% of their portfolio NAPERVILLE, IL 15,000,00015.0m $11.5m $11.5m 0.04% Unchanged
8 CAPSTONE INVESTMENT ADVISORS, LLC 0.09% of their portfolio NEW YORK, NY 14,000,00014.0m $10.7m $10.7m 0.09% Added +4.0m +4,000,000
9 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 10,000,00010.0m $7.6m $7.6m 0.00% Unchanged
10 LMR Partners LLP 0.07% of their portfolio LONDON, X0 10,000,00010.0m $7.7m $7.7m 0.07% Reduced -10.0m -10,000,000
11 MIZUHO SECURITIES USA LLC 0.16% of their portfolio NEW YORK, NY 8,925,0008.9m $6.7m $6.7m 0.16% Added +7.4m +7,425,000
12 SHENKMAN CAPITAL MANAGEMENT INC 0.71% of their portfolio NEW YORK, NY 7,567,0007.6m $5.9m $5.9m 0.71% New
13 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 7,117,0007.1m $5.4m $5.4m 0.00% New
14 Jain Global LLC 0.07% of their portfolio NEW YORK, NY 7,000,0007.0m $5.4m $5.4m 0.07% New
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,425,0005.4m $4.1m $4.1m 0.00% Added +1.1m +1,125,000
16 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 2,625,0002.6m $2.0m $2.0m 0.00% Reduced -15.4m -15,375,000
17 ADVENT CAPITAL MANAGEMENT /DE/ 0.05% of their portfolio NEW YORK, NY 2,000,0002.0m $1.5m $1.5m 0.05% New
18 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 1,675,0001.7m $1.3m $1.3m 0.02% Added +975.0k +975,000
19 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,500,0001.5m $1.2m $1.2m 0.00% Reduced -13.3m -13,275,000
20 READYSTATE ASSET MANAGEMENT LP 0.04% of their portfolio CHICAGO, IL 1,000,0001.0m $765.5k $765.5k 0.04% Unchanged
21 LuminArx Capital Management LP 0.58% of their portfolio NEW YORK, NY 1,000,0001.0m $765.5k $765.5k 0.58% Unchanged
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 720,000720.0k $563.9k $563.9k 0.00% Reduced -50.0k -50,000
23 Ares Systematic Credit Ltd 0.30% of their portfolio LONDON, X0 500,000500.0k $385.5k $385.5k 0.30% New
24 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 400,000400.0k $305.8k $305.8k 0.00% Reduced -9.4m -9,400,000
25 PointState Capital LP 0.00% of their portfolio New York, NY 220,000220.0k $167.5k $167.5k 0.00% Unchanged
26 Alpine Global Management, LLC 0.46% of their portfolio NEW YORK, NY 3,8593.9k $3.0m $3.0m 0.46% New