Vault-13

ALDEL FINL II INC ALDFU

UNIT 09/26/2031 · Unit · CUSIP G01558116

18 institutional holders -11 vs Q4 2024
4,231,5094.2m shares reported held*
$43.4mreported value*
4 new 0 added 3 reduced 15 sold out net sold ≈ $83.1m (-8.1m 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 ≈ $10.25.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q4 24: 29Q1 25: 1818Q4 24Q1 25
Numbers
QuarterHolders
Q4 202429
Q1 202518

Biggest buyers

WHITEBOX ADVISORS LLC New +400,000+400.0k
Harraden Circle Investments, LLC New +32,000+32.0k
Alyeska Investment Group, L.P. New +20,757+20.8k
ROBINSON CAPITAL MANAGEMENT, LLC New +12,000+12.0k

Biggest sellers

LMR Partners LLP Sold out -1,200,000-1.2m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -1,000,000-1.0m
Linden Advisors LP Sold out -950,000-950.0k
Kepos Capital LP Sold out -937,459-937.5k
Schechter Investment Advisors, LLC Sold out -838,617-838.6k
Westchester Capital Management, LLC Sold out -775,000-775.0k
PICTON MAHONEY ASSET MANAGEMENT Sold out -750,000-750.0k
TWO SIGMA INVESTMENTS, LP Sold out -500,000-500.0k
Periscope Capital Inc. Sold out -450,000-450.0k
GRITSTONE ASSET MANAGEMENT LLC Sold out -400,468-400.5k

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
Magnetar Financial LLC 13G · institution new · filed 2025-01-29 6.4% new 1.9m 2025-01-29

Insider purchases and sales in Q1 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q2 23: 0 buyingQ2 23: 0 sellingQ3 23: 0 buyingQ3 23: 0 sellingQ3 23Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 1 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20241—0——
Q1 20250—0——

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Magnetar Financial LLC 0.26% of their portfolio EVANSTON, IL 1,900,0001.9m $19.5m $19.5m 0.26% Unchanged
2 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.33% of their portfolio WEST PALM BEACH, FL 600,000600.0k $6.2m $6.2m 0.33% Unchanged
3 GRAHAM CAPITAL WEALTH MANAGEMENT, LLC 4.89% of their portfolio WASHINGTON, DC 446,402446.4k $4.6m $4.6m 4.89% Reduced -7.8k -7,783
4 WHITEBOX ADVISORS LLC 0.14% of their portfolio MINNEAPOLIS, MN 400,000400.0k $4.1m $4.1m 0.14% New
5 MOORE CAPITAL MANAGEMENT, LP 0.09% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.09% Unchanged
6 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.05% of their portfolio CHICAGO, IL 225,000225.0k $2.3m $2.3m 0.05% Unchanged
7 Sandia Investment Management LP 2.99% of their portfolio BOSTON, MA 100,000100.0k $1.0m $1.0m 2.99% Unchanged
8 Quarry LP 0.26% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.26% Unchanged
9 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 50,00050.0k $512.5k $512.5k 0.00% Reduced -150.0k -150,000
10 Tuttle Capital Management, LLC 1.80% of their portfolio RIVERSIDE, CT 40,00040.0k $410.0k $410.0k 1.80% Unchanged
11 Harraden Circle Investments, LLC 0.15% of their portfolio NEW YORK, NY 32,00032.0k $328.0k $328.0k 0.15% New
12 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 21,81421.8k $223.6k $223.6k 0.00% Unchanged
13 GLAZER CAPITAL, LLC 0.01% of their portfolio New York, NY 21,79521.8k $223.0k $223.0k 0.01% Unchanged
14 Alyeska Investment Group, L.P. 0.00% of their portfolio CHICAGO, IL 20,75720.8k $212.8k $212.8k 0.00% New
15 ROBINSON CAPITAL MANAGEMENT, LLC 0.05% of their portfolio GROSSE POINTE FARMS, MI 12,00012.0k $123.0k $123.0k 0.05% New
16 TrueMark Investments, LLC 0.03% of their portfolio CHICAGO, IL 10,00010.0k $102.5k $102.5k 0.03% Unchanged
17 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 1,7411.7k $17.8k $17.8k 0.00% Reduced -2.7k -2,665
18 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged