Vault-13

SILVERBOX CORP III

COM CL A · CUSIP 82836N107

42 institutional holders +1 vs Q1 2024
12,637,17312.6m shares reported held*
$133.9mreported value*
4 new 8 added 8 reduced 3 sold out net sold ≈ $13.0m (-1.2m 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 ($3.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.60.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q2 23: 36Q3 23: 40Q4 23: 39Q1 24: 41Q2 24: 4242Q2 23Q3 23Q4 23Q1 24Q2 24
Numbers
QuarterHolders
Q2 202336
Q3 202340
Q4 202339
Q1 202441
Q2 202442

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 23: 13 bought or addedQ3 23: 14 cut or sold outQ3 23Q4 23: 12 bought or addedQ4 23: 13 cut or sold outQ4 23Q1 24: 12 bought or addedQ1 24: 10 cut or sold outQ1 24Q2 24: 12 bought or addedQ2 24: 11 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q3 20231314
Q4 20231213
Q1 20241210
Q2 20241211

Biggest buyers

COWEN AND COMPANY, LLC Added +423,706+423.7k
Quarry LP New +400,000+400.0k
MIZUHO SECURITIES USA LLC Added +233,224+233.2k
AQR Arbitrage LLC Added +180,000+180.0k
WOLVERINE ASSET MANAGEMENT LLC Added +109,536+109.5k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Added +50,000+50.0k
Virtu Financial LLC New +39,491+39.5k
Bulldog Investors, LLP Added +31,431+31.4k
Shaolin Capital Management LLC New +15,000+15.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +14,039+14.0k

Biggest sellers

HGC Investment Management Inc. Reduced -1,885,535-1.9m
StoneX Group Inc. Sold out -235,398-235.4k
CAAS CAPITAL MANAGEMENT LP Sold out -228,300-228.3k
FIR TREE CAPITAL MANAGEMENT LP Reduced -148,087-148.1k
Periscope Capital Inc. Reduced -97,902-97.9k
Schechter Investment Advisors, LLC Reduced -74,723-74.7k
CLEAR STREET LLC Sold out -18,311-18.3k
Meteora Capital, LLC Reduced -16,384-16.4k
Tidal Investments LLC Reduced -9,744-9.7k
ROBINSON CAPITAL MANAGEMENT, LLC Reduced -9,744-9.7k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Schechter Investment Advisors, LLC 1.22% of their portfolio BIRMINGHAM, MI 1,531,6831.5m $16.2m $16.2m 1.22% Reduced -74.7k -74,723
2 AQR Arbitrage LLC 0.30% of their portfolio Greenwich, CT 1,102,4021.1m $11.7m $11.7m 0.30% Added +180.0k +180,000
3 Periscope Capital Inc. 3.86% of their portfolio Toronto, A6 1,000,0001.0m $10.6m $10.6m 3.86% Reduced -97.9k -97,902
4 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio TORONTO, A6 799,998800.0k $8.5m $8.5m 0.03% Unchanged
5 ARISTEIA CAPITAL, L.L.C. 0.28% of their portfolio GREENWICH, CT 700,000700.0k $7.4m $7.4m 0.28% Unchanged
6 KIM, LLC 0.75% of their portfolio WICHITA, KS 657,600657.6k $7.0m $7.0m 0.75% Unchanged
7 COWEN AND COMPANY, LLC 0.18% of their portfolio NEW YORK, NY 622,021622.0k $6.6m $6.6m 0.18% Added +423.7k +423,706
8 MOORE CAPITAL MANAGEMENT, LP 0.12% of their portfolio NEW YORK, NY 500,000500.0k $5.3m $5.3m 0.12% Unchanged
9 MANGROVE PARTNERS IM, LLC 0.38% of their portfolio Greenwich, CT 449,798449.8k $4.8m $4.8m 0.38% Unchanged
10 Karpus Management, Inc. 0.13% of their portfolio Pittsford, NY 432,975433.0k $4.6m $4.6m 0.13% Added +750 +750
11 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 400,000400.0k $4.2m $4.2m 0.01% Unchanged
12 Alberta Investment Management Corp 0.04% of their portfolio EDMONTON, A0 400,000400.0k $4.2m $4.2m 0.04% Unchanged
13 Quarry LP 0.88% of their portfolio NEW YORK, NY 400,000400.0k $4.2m $4.2m 0.88% New
14 HGC Investment Management Inc. 1.88% of their portfolio TORONTO, A6 385,535385.5k $4.1m $4.1m 1.88% Reduced -1.9m -1,885,535
15 Wealthspring Capital LLC 4.02% of their portfolio WEST HARRISON, NY 326,446326.4k $3.5m $3.5m 4.02% Reduced -2.0k -1,978
16 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 308,928308.9k $3.3m $3.3m 0.02% Added +50.0k +50,000
17 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 304,300304.3k $3.2m $3.2m 0.02% Unchanged
18 MIZUHO SECURITIES USA LLC 0.07% of their portfolio NEW YORK, NY 300,536300.5k $3.2m $3.2m 0.07% Added +233.2k +233,224
19 PICTON MAHONEY ASSET MANAGEMENT 0.14% of their portfolio Toronto, A6 299,997300.0k $3.2m $3.2m 0.14% Unchanged
20 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.08% of their portfolio CHICAGO, IL 273,228273.2k $2.9m $2.9m 0.08% Unchanged
21 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 250,000250.0k $2.6m $2.6m 0.01% Unchanged
22 Exos Asset Management LLC 2.69% of their portfolio NEW YORK, NY 221,501221.5k $2.3m $2.3m 2.69% Unchanged
23 DELTEC ASSET MANAGEMENT LLC 0.41% of their portfolio New York, NY 200,000200.0k $2.1m $2.1m 0.41% Unchanged
24 Bulldog Investors, LLP 0.66% of their portfolio SADDLE BROOK, NJ 167,490167.5k $1.8m $1.8m 0.66% Added +31.4k +31,431
25 Linden Advisors LP 0.01% of their portfolio New York, NY 150,000150.0k $1.6m $1.6m 0.01% Unchanged
26 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 109,579109.6k $1.2m $1.2m 0.02% Added +109.5k +109,536
27 FIR TREE CAPITAL MANAGEMENT LP 0.75% of their portfolio New York, NY 100,000100.0k $1.1m $1.1m 0.75% Reduced -148.1k -148,087
28 Westchester Capital Management, LLC 0.05% of their portfolio VALHALLA, NY 100,000100.0k $1.1m $1.1m 0.05% Unchanged
29 Mint Tower Capital Management B.V. 0.42% of their portfolio AMSTERDAM, P7 100,000100.0k $1.1m $1.1m 0.42% Unchanged
30 Flow State Investments, L.P. 0.28% of their portfolio CHICAGO, IL 82,62182.6k $875.8k $875.8k 0.28% Unchanged
31 Meteora Capital, LLC 0.15% of their portfolio Boca Raton, FL 77,00077.0k $816.2k $816.2k 0.15% Reduced -16.4k -16,384
32 Tuttle Capital Management, LLC 2.54% of their portfolio RIVERSIDE, CT 40,00040.0k $422.8k $422.8k 2.54% Unchanged
33 Virtu Financial LLC 0.03% of their portfolio New York, NY 39,49139.5k $419.0k $419.0k 0.03% New
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 38,32838.3k $406.3k $406.3k 0.00% Added +14.0k +14,039
35 ROBINSON CAPITAL MANAGEMENT, LLC 0.14% of their portfolio GROSSE POINTE FARMS, MI 37,27337.3k $395.1k $395.1k 0.14% Reduced -9.7k -9,744
36 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 25,27325.3k $267.9k $267.9k 0.00% Reduced -9.7k -9,744
37 Shaolin Capital Management LLC 0.00% of their portfolio Miami, FL 15,00015.0k $159.0k $159.0k 0.00% New
38 CONDOR CAPITAL MANAGEMENT 0.01% of their portfolio MARTINSVILLE, NJ 11,84811.8k $125.6k $125.6k 0.01% Unchanged
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,2971.3k $13.7k $13.7k 0.00% New
40 PenderFund Capital Management Ltd. 0.00% of their portfolio VANCOUVER, A1 1,0001.0k $14.5k $14.5k 0.00% Unchanged
41 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.00% of their portfolio BOSTON, MA 471471 $5.0k $5.0k 0.00% Unchanged
42 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged