Vault-13

RESERVOIR MEDIA INC

*W EXP 08/26/202 · CUSIP 76119X113

15 institutional holders +1 vs Q3 2025
3,826,9593.8m shares reported held*
$1.0mreported value*
4 new 2 added 3 reduced 3 sold out net sold ≈ $18.9k (+41.7k 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 ≈ $0.27. Options: 1 managers hold calls ($12.3k notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 18Q4 22: 16Q1 23: 17Q2 23: 17Q3 23: 16Q4 23: 16Q1 24: 15Q2 24: 17Q3 24: 14Q4 24: 16Q1 25: 15Q2 25: 16Q3 25: 14Q4 25: 1515Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202218
Q4 202216
Q1 202317
Q2 202317
Q3 202316
Q4 202316
Q1 202415
Q2 202417
Q3 202414
Q4 202416
Q1 202515
Q2 202516
Q3 202514
Q4 202515

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q1 24: 3 bought or addedQ1 24: 6 cut or sold outQ2 24: 2 bought or addedQ2 24: 4 cut or sold outQ2 24Q3 24: 1 bought or addedQ3 24: 7 cut or sold outQ4 24: 4 bought or addedQ4 24: 5 cut or sold outQ4 24Q1 25: 3 bought or addedQ1 25: 3 cut or sold outQ2 25: 1 bought or addedQ2 25: 2 cut or sold outQ2 25Q3 25: 1 bought or addedQ3 25: 4 cut or sold outQ4 25: 6 bought or addedQ4 25: 6 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202436
Q2 202424
Q3 202417
Q4 202445
Q1 202533
Q2 202512
Q3 202514
Q4 202566

Calls vs puts

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

CallsPuts
$0$20k$40k$60kQ1 25 calls: $55.0kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $55.0kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $38.7kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $12.3kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$55.0k$00.00
Q2 2025$55.0k$00.00
Q3 2025$38.7k$00.00
Q4 2025$12.3k$00.00

Biggest buyers

1492 Capital Management LLC New +147,981+148.0k
LMR Partners LLP Added +102,798+102.8k
SEI INVESTMENTS CO New +37,572+37.6k
Sandia Investment Management LP New +8,695+8.7k
WOLVERINE ASSET MANAGEMENT LLC Added +3,833+3.8k
BANK OF AMERICA CORP /DE/ New +50+50

Biggest sellers

SANDERS MORRIS HARRIS LLC Sold out -232,775-232.8k
1492 Capital Management LLC Sold out -147,981-148.0k
272 Capital LP Sold out -15,000-15.0k
UBS Group AG Reduced -7,113-7.1k
Walleye Capital LLC Reduced -3,900-3.9k
TORONTO DOMINION BANK Reduced -400-400

Biggest calls

MILLENNIUM MANAGEMENT LLC Unchanged $12.3k44.0k shares

Biggest puts

None

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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 1,793,5391.8m $502.2k $502.2k 0.00% Reduced -3.9k -3,900
2 ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio GREENWICH, CT 685,841685.8k $161.2k $161.2k 0.00% Unchanged
3 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 547,924547.9k $153.4k $153.4k 0.00% Unchanged
4 LMR Partners LLP 0.00% of their portfolio LONDON, X0 359,382359.4k $100.6k $100.6k 0.00% Added +102.8k +102,798
5 1492 Capital Management LLC 0.02% of their portfolio MILWAUKEE, WI 147,981148.0k $41.4k $41.4k 0.02% New
6 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 100,000100.0k $28.0k $28.0k 0.00% Unchanged
7 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 62,38962.4k $17.5k $17.5k 0.00% Added +3.8k +3,833
8 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 37,57237.6k $10.5k $10.5k 0.00% New
9 Cruiser Capital Advisors, LLC 0.01% of their portfolio Stamford, CT 30,50330.5k $8.5k $8.5k 0.01% Unchanged
10 TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio NEW YORK, NY 25,00025.0k $7.0k $7.0k 0.00% Unchanged
11 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 12,29912.3k $3.4k $3.4k 0.00% Unchanged
12 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 10,84710.8k $3.0k $3.0k 0.00% Reduced -400 -400
13 Sandia Investment Management LP 0.01% of their portfolio BOSTON, MA 8,6958.7k $2.4k $2.4k 0.01% New
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 4,9374.9k $1.4k $1.4k 0.00% Reduced -7.1k -7,113
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5050 $14 $14 0.00% New