Vault-13

AHREN ACQUISITION CORP

CLASS A ORD SHS · CUSIP G01322109

56 institutional holders -1 vs Q4 2022
30,246,80930.2m shares reported held*
$314.9mreported value*
8 new 13 added 9 reduced 9 sold out net bought ≈ $14.1m (+1.3m 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 ≈ $10.41.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 57Q1 23: 5656Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202252
Q4 202257
Q1 202356

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 15 bought or addedQ4 22: 14 cut or sold outQ4 22Q1 23: 21 bought or addedQ1 23: 18 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221514
Q1 20232118

Calls vs puts

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

CallsPuts
$0$25k$50k$75k$100kQ3 22 calls: $80.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $82.4kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$80.0k$00.00
Q4 2022$82.4k$00.00
Q1 2023$0$0—

Biggest buyers

NOMURA HOLDINGS INC Added +1,030,000+1.0m
ARISTEIA CAPITAL, L.L.C. Added +765,000+765.0k
BERKLEY W R CORP Added +724,925+724.9k
Periscope Capital Inc. Added +616,159+616.2k
P SCHOENFELD ASSET MANAGEMENT LP Added +503,135+503.1k
Meteora Capital, LLC New +501,000+501.0k
PICTON MAHONEY ASSET MANAGEMENT Added +500,000+500.0k
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) New +370,698+370.7k
D. E. Shaw & Co., Inc. Added +325,000+325.0k
BOOTHBAY FUND MANAGEMENT, LLC New +320,850+320.9k

Biggest sellers

HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -1,354,292-1.4m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -1,030,000-1.0m
Sculptor Capital LP Reduced -1,000,000-1.0m
MILLENNIUM MANAGEMENT LLC Reduced -784,990-785.0k
MARSHALL WACE, LLP Reduced -292,369-292.4k
Weiss Asset Management LP Sold out -144,000-144.0k
Cubist Systematic Strategies, LLC Reduced -82,063-82.1k
Altshuler Shaham Ltd Sold out -75,013-75.0k
Ghisallo Capital Management LLC Sold out -57,743-57.7k
Cohanzick Management, LLC Reduced -56,771-56.8k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Polar Asset Management Partners Inc. 0.37% of their portfolio TORONTO, A6 2,000,0002.0m $20.8m $20.8m 0.37% Unchanged
2 Magnetar Financial LLC 0.40% of their portfolio EVANSTON, IL 1,983,5002.0m $20.6m $20.6m 0.40% Unchanged
3 NOMURA HOLDINGS INC 0.19% of their portfolio TOKYO, M0 1,824,3641.8m $19.0m $19.0m 0.19% Added +1.0m +1,030,000
4 CANTOR FITZGERALD, L. P. 0.39% of their portfolio NEW YORK, NY 1,775,5951.8m $18.5m $18.5m 0.39% Unchanged
5 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio Boston, MA 1,750,0001.8m $18.2m $18.2m 0.04% Unchanged
6 ARISTEIA CAPITAL, L.L.C. 0.40% of their portfolio GREENWICH, CT 1,535,9391.5m $16.0m $16.0m 0.40% Added +765.0k +765,000
7 DAVIDSON KEMPNER PARTNERS 0.32% of their portfolio New York, NY 1,250,0001.2m $13.0m $13.0m 0.32% First filing
8 Davidson Kempner Capital Management LP 0.27% of their portfolio New York, NY 1,250,0001.2m $13.0m $13.0m 0.27% Unchanged
9 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 1,220,5021.2m $12.7m $12.7m 0.02% Added +325.0k +325,000
10 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 1,099,8861.1m $11.5m $11.5m 0.01% Unchanged
11 PICTON MAHONEY ASSET MANAGEMENT 0.57% of their portfolio Toronto, A6 1,087,4001.1m $11.3m $11.3m 0.57% Added +500.0k +500,000
12 PEAK6 Investments LLC 0.68% of their portfolio CHICAGO, IL 1,025,0001.0m $10.7m $10.7m 0.68% Reduced -50.0k -50,000
13 Calamos Advisors LLC 0.05% of their portfolio NAPERVILLE, IL 963,772963.8k $10.0m $10.0m 0.05% Unchanged
14 BERKLEY W R CORP 0.60% of their portfolio Greenwich, CT 904,417904.4k $9.4m $9.4m 0.60% Added +724.9k +724,925
15 Saba Capital Management, L.P. 0.21% of their portfolio NEW YORK, NY 842,756842.8k $8.8m $8.8m 0.21% Unchanged
16 Radcliffe Capital Management, L.P. 0.53% of their portfolio BALA CYNWYD, PA 810,647810.6k $8.4m $8.4m 0.53% Added +62 +62
17 Periscope Capital Inc. 0.37% of their portfolio Toronto, A6 779,359779.4k $8.1m $8.1m 0.37% Added +616.2k +616,159
18 P SCHOENFELD ASSET MANAGEMENT LP 0.72% of their portfolio NEW YORK, NY 655,042655.0k $6.8m $6.8m 0.72% Added +503.1k +503,135
19 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 655,000655.0k $6.8m $6.8m 0.01% Reduced -785.0k -784,990
20 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 650,000650.0k $6.8m $6.8m 0.01% Unchanged
21 Sculptor Capital LP 0.15% of their portfolio New York, NY 575,850575.9k $6.0m $6.0m 0.15% Reduced -1.0m -1,000,000
22 Meteora Capital, LLC 0.62% of their portfolio Boca Raton, FL 501,000501.0k $5.2m $5.2m 0.62% New
23 AQR Arbitrage LLC 0.16% of their portfolio Greenwich, CT 489,760489.8k $5.1m $5.1m 0.16% Reduced -29.7k -29,709
24 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 477,427477.4k $5.0m $5.0m 0.01% Reduced -292.4k -292,369
25 Woodline Partners LP 0.06% of their portfolio San Francisco, CA 425,000425.0k $4.4m $4.4m 0.06% Unchanged
26 Westchester Capital Management, LLC 0.14% of their portfolio VALHALLA, NY 421,612421.6k $4.4m $4.4m 0.14% Added +132.7k +132,665
27 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.09% of their portfolio CHICAGO, IL 370,698370.7k $3.9m $3.9m 0.09% New
28 Tetragon Partners GP Ltd 0.49% of their portfolio GRAND CAYMAN, E9 350,000350.0k $3.6m $3.6m 0.49% Unchanged
29 GLAZER CAPITAL, LLC 0.19% of their portfolio New York, NY 340,275340.3k $3.5m $3.5m 0.19% Added +243.7k +243,696
30 BOOTHBAY FUND MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 320,850320.9k $3.3m $3.3m 0.09% New
31 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 300,000300.0k $3.1m $3.1m 0.02% Added +150.0k +150,000
32 Starboard Value LP 0.06% of their portfolio New York, NY 295,825295.8k $3.1m $3.1m 0.06% Unchanged
33 LMR Partners LLP 0.04% of their portfolio LONDON, X0 200,000200.0k $2.1m $2.1m 0.04% Unchanged
34 KIM, LLC 0.15% of their portfolio WICHITA, KS 200,000200.0k $2.1m $2.1m 0.15% Unchanged
35 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 169,827169.8k $1.8m $1.8m 0.01% Unchanged
36 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 110,000110.0k $1.1m $1.1m 0.00% Unchanged
37 Centiva Capital, LP 0.05% of their portfolio New York, NY 84,30384.3k $877.6k $877.6k 0.05% Unchanged
38 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 78,81178.8k $820.4k $820.4k 0.01% Reduced -82.1k -82,063
39 CAPSTONE INVESTMENT ADVISORS, LLC 0.02% of their portfolio NEW YORK, NY 70,00070.0k $728.7k $728.7k 0.02% Unchanged
40 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 52,93052.9k $552.0k $552.0k 0.01% Added +26.5k +26,465
41 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 52,66752.7k $548.3k $548.3k 0.01% New
42 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 51,00951.0k $531.5k $531.5k 0.00% Reduced -2.9k -2,909
43 OMERS ADMINISTRATION Corp 0.01% of their portfolio TORONTO, A6 50,00050.0k $520.5k $520.5k 0.01% Unchanged
44 Kohlberg Kravis Roberts & Co. L.P. 0.01% of their portfolio NEW YORK, NY 39,89839.9k $415.3k $415.3k 0.01% Unchanged
45 StoneX Group Inc. 0.04% of their portfolio NEW YORK, NY 31,59931.6k $328.9k $328.9k 0.04% New
46 First Trust Capital Management L.P. 0.01% of their portfolio CHICAGO, IL 29,97030.0k $312.0k $312.0k 0.01% New
47 ROBINSON CAPITAL MANAGEMENT, LLC 0.13% of their portfolio GROSSE POINTE FARMS, MI 26,46526.5k $277.1k $277.1k 0.13% Unchanged
48 Virtu Financial LLC 0.03% of their portfolio New York, NY 23,27923.3k $242.0k $242.0k 0.03% Added +8.6k +8,553
49 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 20,27020.3k $211.0k $211.0k 0.00% Unchanged
50 WHITEBOX ADVISORS LLC 0.01% of their portfolio MINNEAPOLIS, MN 15,00015.0k $156.2k $156.2k 0.01% Unchanged
51 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 4,4494.4k $46.3k $46.3k 0.00% Reduced -3.3k -3,277
52 Cohanzick Management, LLC 0.04% of their portfolio Pleasantville, NY 4,4494.4k $46.3k $46.3k 0.04% Reduced -56.8k -56,771
53 Elequin Capital, LP 0.00% of their portfolio NEW YORK, NY 306306 $3.2k $3.2k 0.00% Unchanged
54 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 9999 $1.0k $1.0k 0.00% New
55 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 22 $0 $0 0.00% New
56 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged