Vault-13

ZALATORIS ACQUISITION CORP

COM CL A · CUSIP 89301B104

38 institutional holders +2 vs Q1 2023
12,793,73812.8m shares reported held*
$133.8mreported value*
15 new 6 added 7 reduced 13 sold out net sold ≈ $40.7m (-3.9m 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 ≈ $10.46. Options: 0 managers hold calls (— notional), 1 hold puts ($5.2m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 31Q4 22: 37Q1 23: 36Q2 23: 3838Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202231
Q4 202237
Q1 202336
Q2 202338

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 8 bought or addedQ4 22: 8 cut or sold outQ4 22Q1 23: 11 bought or addedQ1 23: 10 cut or sold outQ1 23Q2 23: 21 bought or addedQ2 23: 20 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202288
Q1 20231110
Q2 20232120

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $5.2mQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$5.2m—

Biggest buyers

Meteora Capital, LLC New +877,355+877.4k
WOLVERINE ASSET MANAGEMENT LLC Added +426,595+426.6k
CANTOR FITZGERALD, L. P. New +327,437+327.4k
COWEN AND COMPANY, LLC New +321,200+321.2k
Sculptor Capital LP New +315,903+315.9k
Westchester Capital Management, LLC New +315,000+315.0k
FIR TREE CAPITAL MANAGEMENT LP New +310,000+310.0k
Hudson Bay Capital Management LP New +300,000+300.0k
BERKLEY W R CORP New +297,709+297.7k
Centiva Capital, LP Added +250,000+250.0k

Biggest sellers

Radcliffe Capital Management, L.P. Reduced -1,213,155-1.2m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -1,112,376-1.1m
Periscope Capital Inc. Reduced -1,068,402-1.1m
Shaolin Capital Management LLC Sold out -950,470-950.5k
ARISTEIA CAPITAL, L.L.C. Sold out -817,500-817.5k
Cubist Systematic Strategies, LLC Sold out -778,878-778.9k
MARSHALL WACE, LLP Sold out -742,500-742.5k
683 Capital Management, LLC Reduced -740,000-740.0k
Atalaya Capital Management LP Sold out -650,875-650.9k
Atlas Merchant Capital LLC Reduced -300,000-300.0k

Biggest calls

None

Biggest puts

Shaolin Capital Management LLC New $5.2m500.0k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 1,485,0001.5m $15.4m $15.4m 0.02% Unchanged
2 Polar Asset Management Partners Inc. 0.30% of their portfolio TORONTO, A6 1,485,0001.5m $15.3m $15.3m 0.30% Unchanged
3 Meteora Capital, LLC 1.67% of their portfolio Boca Raton, FL 877,355877.4k $9.1m $9.1m 1.67% New
4 683 Capital Management, LLC 0.75% of their portfolio NEW YORK, NY 744,799744.8k $7.7m $7.7m 0.75% Reduced -740.0k -740,000
5 Governors Lane LP 1.86% of their portfolio NEW YORK, NY 742,500742.5k $7.7m $7.7m 1.86% Unchanged
6 WOLVERINE ASSET MANAGEMENT LLC 0.10% of their portfolio CHICAGO, IL 509,405509.4k $5.3m $5.3m 0.10% Added +426.6k +426,595
7 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 500,000500.0k $5.2m $5.2m 0.03% Unchanged
8 Centiva Capital, LP 0.25% of their portfolio New York, NY 470,019470.0k $4.9m $4.9m 0.25% Added +250.0k +250,000
9 NOMURA HOLDINGS INC 0.05% of their portfolio TOKYO, M0 431,000431.0k $4.5m $4.5m 0.05% Unchanged
10 Atlas Merchant Capital LLC 0.84% of their portfolio New York, NY 380,984381.0k $3.9m $3.9m 0.84% Reduced -300.0k -300,000
11 CANTOR FITZGERALD, L. P. 0.08% of their portfolio NEW YORK, NY 327,437327.4k $3.4m $3.4m 0.08% New
12 AQR Arbitrage LLC 0.14% of their portfolio Greenwich, CT 324,231324.2k $3.4m $3.4m 0.14% Reduced -744 -744
13 COWEN AND COMPANY, LLC 0.28% of their portfolio NEW YORK, NY 321,200321.2k $3.3m $3.3m 0.28% New
14 Sculptor Capital LP 0.09% of their portfolio New York, NY 315,903315.9k $3.3m $3.3m 0.09% New
15 Westchester Capital Management, LLC 0.11% of their portfolio VALHALLA, NY 315,000315.0k $3.3m $3.3m 0.11% New
16 FIR TREE CAPITAL MANAGEMENT LP 0.32% of their portfolio New York, NY 310,000310.0k $3.2m $3.2m 0.32% New
17 Hudson Bay Capital Management LP 0.03% of their portfolio STAMFORD, CT 300,000300.0k $3.1m $3.1m 0.03% New
18 Periscope Capital Inc. 0.24% of their portfolio Toronto, A6 300,000300.0k $3.1m $3.1m 0.24% Reduced -1.1m -1,068,402
19 BERKLEY W R CORP 0.19% of their portfolio Greenwich, CT 297,709297.7k $3.1m $3.1m 0.19% New
20 Corbin Capital Partners, L.P. 2.65% of their portfolio NEW YORK, NY 278,141278.1k $2.9m $2.9m 2.65% Unchanged
21 First Trust Capital Management L.P. 0.16% of their portfolio CHICAGO, IL 265,012265.0k $2.7m $2.7m 0.16% Added +12 +12
22 Sage Rock Capital Management LP 2.52% of their portfolio NEW YORK, NY 200,000200.0k $2.1m $2.1m 2.52% New
23 Radcliffe Capital Management, L.P. 0.17% of their portfolio BALA CYNWYD, PA 196,784196.8k $2.0m $2.0m 0.17% Reduced -1.2m -1,213,155
24 Karpus Management, Inc. 0.05% of their portfolio Pittsford, NY 157,559157.6k $1.6m $1.6m 0.05% Unchanged
25 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 152,335152.3k $1.6m $1.6m 0.00% Unchanged
26 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 150,000150.0k $1.6m $1.6m 0.02% New
27 Crystalline Management Inc. 1.10% of their portfolio Montreal, Quebec, Z4 150,000150.0k $1.6m $1.6m 1.10% New
28 Spartan Fund Management Inc. 0.72% of their portfolio TORONTO, ONTARIO, Z4 147,187147.2k $3.0m $3.0m 0.72% Added +97.2k +97,187
29 PRELUDE CAPITAL MANAGEMENT, LLC 0.12% of their portfolio NEW YORK, NY 142,500142.5k $1.5m $1.5m 0.12% New
30 Quarry LP 0.96% of their portfolio NEW YORK, NY 142,500142.5k $1.5m $1.5m 0.96% New
31 DELTEC ASSET MANAGEMENT LLC 0.29% of their portfolio New York, NY 128,900128.9k $1.3m $1.3m 0.29% New
32 Flow State Investments, L.P. 0.54% of their portfolio CHICAGO, IL 124,929124.9k $1.3m $1.3m 0.54% New
33 StoneX Group Inc. 0.05% of their portfolio NEW YORK, NY 42,28142.3k $437.6k $437.6k 0.05% Added +21.8k +21,781
34 CLEAR STREET LLC 0.01% of their portfolio NEW YORK, NY 42,10542.1k $435.8k $435.8k 0.01% Reduced -38.8k -38,759
35 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 19,21019.2k $198.8k $198.8k 0.00% Added +5.0k +5,000
36 BlackRock Inc. 0.00% of their portfolio New York, NY 14,20214.2k $147.0k $147.0k 0.00% Unchanged
37 ROBINSON CAPITAL MANAGEMENT, LLC 0.01% of their portfolio GROSSE POINTE FARMS, MI 2,5512.6k $26.4k $26.4k 0.01% Reduced -49 -49
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged