Vault-13

AGRICULTURE & NAT SOL ACQ CO

SHS CL A · CUSIP G0131Y100

51 institutional holders -3 vs Q4 2024
31,692,94431.7m shares reported held*
$338.0mreported value*
3 new 8 added 10 reduced 7 sold out net bought ≈ $1.2m (+113.5k 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 ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.67.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q1 24: 44Q2 24: 47Q3 24: 49Q4 24: 54Q1 25: 5151Q1 24Q2 24Q3 24Q4 24Q1 25
Numbers
QuarterHolders
Q1 202444
Q2 202447
Q3 202449
Q4 202454
Q1 202551

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 15 bought or addedQ2 24: 16 cut or sold outQ2 24Q3 24: 19 bought or addedQ3 24: 23 cut or sold outQ3 24Q4 24: 20 bought or addedQ4 24: 16 cut or sold outQ4 24Q1 25: 11 bought or addedQ1 25: 17 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20241516
Q3 20241923
Q4 20242016
Q1 20251117

Biggest buyers

BERKLEY W R CORP Added +596,618+596.6k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Added +400,000+400.0k
MIZUHO SECURITIES USA LLC Added +358,196+358.2k
Wealthspring Capital LLC Added +95,702+95.7k
Schonfeld Strategic Advisors LLC Added +85,000+85.0k
Quarry LP Added +60,264+60.3k
WOLVERINE ASSET MANAGEMENT LLC Added +59,558+59.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +14,986+15.0k
CLEAR STREET LLC New +796+796
SBI Securities Co., Ltd. New +63+63

Biggest sellers

TORONTO DOMINION BANK Reduced -429,360-429.4k
Meteora Capital, LLC Reduced -314,865-314.9k
Alpine Global Management, LLC Reduced -175,000-175.0k
Crossingbridge Advisors, LLC Sold out -146,870-146.9k
Schechter Investment Advisors, LLC Reduced -110,454-110.5k
Verition Fund Management LLC Reduced -103,980-104.0k
MANGROVE PARTNERS IM, LLC Sold out -60,679-60.7k
FIR TREE CAPITAL MANAGEMENT LP Sold out -50,000-50.0k
UBS Group AG Reduced -35,624-35.6k
ADAR1 Capital Management, LLC Reduced -33,300-33.3k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BERKLEY W R CORP 13G · institution +1.9 pts · filed 2026-08-05 9.9% +1.9 pts 3.3m≈ $37.3m 2026-08-05
MIZUHO FINANCIAL GROUP INC 13G · institution new · filed 2026-02-12 8.8% new 2.9m≈ $33.2m 2026-02-12
WOLVERINE ASSET MANAGEMENT LLC 13G · institution +1.0 pts · filed 2026-02-02 6.0% +1.0 pts 2.0m≈ $22.7m 2026-02-02
Westchester Capital Management, LLC 13G · institution -1.2 pts · filed 2026-02-13 6.0% -1.2 pts 2.0m≈ $22.4m 2026-02-13

Fell to 5% or below in the last year: Fort Baker Capital Management LP (4.2%, 2026-08-14), GOLDMAN SACHS GROUP INC (4.3%, 2026-08-11), First Trust Capital Management L.P. (4.0%, 2026-05-15), GLAZER CAPITAL, LLC (3.6%, 2026-05-14)

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Trust Capital Management L.P. 2.40% of their portfolio CHICAGO, IL 3,117,5783.1m $33.3m $33.3m 2.40% Unchanged
2 Schechter Investment Advisors, LLC 2.40% of their portfolio BIRMINGHAM, MI 2,737,1302.7m $29.2m $29.2m 2.40% Reduced -110.5k -110,454
3 Westchester Capital Management, LLC 1.52% of their portfolio VALHALLA, NY 2,464,8042.5m $26.3m $26.3m 1.52% Unchanged
4 GLAZER CAPITAL, LLC 1.10% of their portfolio New York, NY 2,220,5552.2m $23.7m $23.7m 1.10% Reduced -2.3k -2,332
5 AQR Arbitrage LLC 0.55% of their portfolio Greenwich, CT 2,115,7062.1m $22.6m $22.6m 0.55% Unchanged
6 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 1,638,7501.6m $17.5m $17.5m 0.02% Unchanged
7 BERKLEY W R CORP 1.26% of their portfolio Greenwich, CT 1,619,5211.6m $17.3m $17.3m 1.26% Added +596.6k +596,618
8 MIZUHO SECURITIES USA LLC 0.32% of their portfolio NEW YORK, NY 1,408,9391.4m $14.9m $14.9m 0.32% Added +358.2k +358,196
9 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 1,358,2291.4m $14.5m $14.5m 0.04% Reduced -429.4k -429,360
10 Karpus Management, Inc. 0.44% of their portfolio Pittsford, NY 1,266,4931.3m $13.5m $13.5m 0.44% Reduced -28.1k -28,088
11 WOLVERINE ASSET MANAGEMENT LLC 0.25% of their portfolio CHICAGO, IL 1,214,9871.2m $13.0m $13.0m 0.25% Added +59.6k +59,558
12 Polar Asset Management Partners Inc. 0.35% of their portfolio TORONTO, A6 1,000,0001.0m $10.7m $10.7m 0.35% Unchanged
13 ARISTEIA CAPITAL, L.L.C. 0.29% of their portfolio GREENWICH, CT 867,000867.0k $9.2m $9.2m 0.29% Unchanged
14 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.05% of their portfolio HARRISBURG, PA 800,000800.0k $8.5m $8.5m 0.05% Added +400.0k +400,000
15 PICTON MAHONEY ASSET MANAGEMENT 0.26% of their portfolio Toronto, A6 700,000700.0k $7.5m $7.5m 0.26% Unchanged
16 Boussard & Gavaudan Investment Management LLP 1.18% of their portfolio London, X0 700,000700.0k $7.5m $7.5m 1.18% Unchanged
17 Meteora Capital, LLC 2.56% of their portfolio Boca Raton, FL 678,827678.8k $7.2m $7.2m 2.56% Reduced -314.9k -314,865
18 Ghisallo Capital Management LLC 0.56% of their portfolio BOSTON, MA 600,000600.0k $6.4m $6.4m 0.56% Unchanged
19 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 540,000540.0k $5.8m $5.8m 0.00% Unchanged
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 521,183521.2k $5.6m $5.6m 0.00% Unchanged
21 Linden Advisors LP 0.04% of their portfolio New York, NY 500,000500.0k $5.3m $5.3m 0.04% Unchanged
22 MOORE CAPITAL MANAGEMENT, LP 0.18% of their portfolio NEW YORK, NY 500,000500.0k $5.3m $5.3m 0.18% Unchanged
23 Quarry LP 1.24% of their portfolio NEW YORK, NY 459,364459.4k $4.9m $4.9m 1.24% Added +60.3k +60,264
24 Periscope Capital Inc. 2.08% of their portfolio Toronto, A6 350,000350.0k $3.7m $3.7m 2.08% Unchanged
25 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.08% of their portfolio CHICAGO, IL 334,160334.2k $3.6m $3.6m 0.08% Unchanged
26 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 300,000300.0k $3.2m $3.2m 0.00% Unchanged
27 Wealthspring Capital LLC 4.57% of their portfolio WEST HARRISON, NY 277,821277.8k $3.0m $3.0m 4.57% Added +95.7k +95,702
28 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 243,498243.5k $2.6m $2.6m 0.01% Reduced -104.0k -103,980
29 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 235,000235.0k $2.5m $2.5m 0.02% Added +85.0k +85,000
30 Centiva Capital, LP 0.14% of their portfolio New York, NY 225,000225.0k $2.4m $2.4m 0.14% Unchanged
31 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 200,000200.0k $2.1m $2.1m 0.00% Unchanged
32 Alpine Global Management, LLC 0.49% of their portfolio NEW YORK, NY 175,000175.0k $1.9m $1.9m 0.49% Reduced -175.0k -175,000
33 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 100,000100.0k $1.1m $1.1m 0.00% Unchanged
34 BLUEFIN CAPITAL MANAGEMENT, LLC 0.86% of their portfolio NEW YORK, NY 100,000100.0k $1.1m $1.1m 0.86% First filing
35 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 50,10050.1k $534.5k $534.5k 0.00% Unchanged
36 GABELLI & Co INVESTMENT ADVISERS, INC. 0.08% of their portfolio Rye, NY 49,90049.9k $532.3k $532.3k 0.08% Unchanged
37 ADAR1 Capital Management, LLC 0.10% of their portfolio AUSTIN, TX 47,06247.1k $502.1k $502.1k 0.10% Reduced -33.3k -33,300
38 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 46,21546.2k $493.1k $493.1k 0.00% Added +15.0k +14,986
39 Dakota Wealth Management 0.01% of their portfolio PALM BEACH GARDENS, FL 43,55043.5k $464.6k $464.6k 0.01% Unchanged
40 BCK CAPITAL MANAGEMENT LP 0.31% of their portfolio STAMFORD, CT 37,13437.1k $396.1k $396.1k 0.31% Unchanged
41 HEIGHTS CAPITAL MANAGEMENT, INC 0.18% of their portfolio SAN FRANCISCO, CA 35,48235.5k $378.6k $378.6k 0.18% Unchanged
42 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 28,87228.9k $308.1k $308.1k 0.00% Unchanged
43 CANTOR FITZGERALD, L. P. 0.01% of their portfolio NEW YORK, NY 25,14625.1k $268.3k $268.3k 0.01% Unchanged
44 Evercore Wealth Management, LLC 0.00% of their portfolio New York, NY 12,68912.7k $135.4k $135.4k 0.00% Unchanged
45 CONDOR CAPITAL MANAGEMENT 0.01% of their portfolio MARTINSVILLE, NJ 12,05412.1k $128.6k $128.6k 0.01% Unchanged
46 ROBINSON CAPITAL MANAGEMENT, LLC 0.05% of their portfolio GROSSE POINTE FARMS, MI 12,00012.0k $128.0k $128.0k 0.05% Reduced -12.3k -12,346
47 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 796796 $8.5k $8.5k 0.00% New
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 143143 $1.5k $1.5k 0.00% Reduced -35.6k -35,624
49 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 6363 $672 $672 0.00% New
50 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1414 $149 $149 0.00% New
51 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged