Vault-13

ALDABRA 4 LQDTY OPP VEH INC ALOVW

*W EXP 12/23/203 · Equity WRT · CUSIP G01900110

39 institutional holders +16 vs Q1 2026
6,943,4226.9m shares reported held*
$3.3mreported value*
18 new 0 added 8 reduced 2 sold out net bought ≈ $1.1m (+2.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $0.47. Options: 1 managers hold calls ($144.0k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q1 26: 23Q2 26: 3939Q1 26Q2 26
Numbers
QuarterHolders
Q1 202623
Q2 202639

Calls vs puts

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

CallsPuts
$0$50k$100k$150kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $144.0kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$144.0k$00.00

Biggest buyers

MMCAP International Inc. SPC New +400,000+400.0k
AQR Arbitrage LLC New +355,142+355.1k
Polar Asset Management Partners Inc. New +338,133+338.1k
Kryger Capital LLC New +250,620+250.6k
BNP PARIBAS FINANCIAL MARKETS New +232,855+232.9k
Mint Tower Capital Management B.V. New +166,666+166.7k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS New +157,000+157.0k
Bulldog Investors, LLP New +122,422+122.4k
TIG Advisors, LLC New +116,662+116.7k
Centiva Capital, LP New +78,333+78.3k

Biggest sellers

BERKLEY W R CORP Sold out -148,716-148.7k
Shaolin Capital Management LLC Reduced -76,837-76.8k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -44,444-44.4k
GLAZER CAPITAL, LLC Reduced -32,118-32.1k
Verition Fund Management LLC Reduced -24,800-24.8k
TORONTO DOMINION BANK Reduced -24,500-24.5k
Clear Street Group Inc. Reduced -22,793-22.8k
PenderFund Capital Management Ltd. Sold out -1,666-1.7k
L1 Global Manager Pty Ltd Reduced -441-441
ROYAL BANK OF CANADA Reduced -200-200

Biggest calls

MILLENNIUM MANAGEMENT LLC New $144.0k300.0k shares

Biggest puts

None

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.

Insider purchases and sales since 1 Apr 2026

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.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio Boston, MA 538,889538.9k $258.7k $258.7k 0.00% Reduced -44.4k -44,444
2 Linden Advisors LP 0.00% of their portfolio New York, NY 400,000400.0k $174.0k $174.0k 0.00% Unchanged
3 MMCAP International Inc. SPC 0.02% of their portfolio GRAND CAYMAN, E9 400,000400.0k $192.0k $192.0k 0.02% New
4 Magnetar Financial LLC 0.00% of their portfolio EVANSTON, IL 400,000400.0k $174.0k $174.0k 0.00% Unchanged
5 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 400,000400.0k $192.0k $192.0k 0.00% Unchanged
6 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 355,142355.1k $149.2k $149.2k 0.00% New
7 Polar Asset Management Partners Inc. 0.00% of their portfolio TORONTO, A6 338,133338.1k $162.3k $162.3k 0.00% New
8 TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio NEW YORK, NY 333,333333.3k $160.0k $160.0k 0.00% Unchanged
9 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 333,333333.3k $160.0k $160.0k 0.00% Unchanged
10 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 333,333333.3k $160.0k $160.0k 0.00% Unchanged
11 Kryger Capital LLC 0.01% of their portfolio HAMILTON, D0 250,620250.6k $120.3k $120.3k 0.01% New
12 Radcliffe Capital Management, L.P. 0.01% of their portfolio BALA CYNWYD, PA 249,999250.0k $108.8k $108.8k 0.01% Unchanged
13 SONA ASSET MANAGEMENT (US) LLC 0.00% of their portfolio NEW YORK, NY 249,453249.5k $119.7k $119.7k 0.00% Unchanged
14 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 232,855232.9k $111.8k $111.8k 0.00% New
15 Shaolin Capital Management LLC 0.01% of their portfolio Miami, FL 201,206201.2k $96.6k $96.6k 0.01% Reduced -76.8k -76,837
16 Mint Tower Capital Management B.V. 0.01% of their portfolio AMSTERDAM, P7 166,666166.7k $80.0k $80.0k 0.01% New
17 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 157,000157.0k $75.4k $75.4k 0.00% New
18 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 151,856151.9k $72.9k $72.9k 0.00% Reduced -24.8k -24,800
19 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 133,333133.3k $64.0k $64.0k 0.00% Unchanged
20 Context Capital Management, LLC 0.00% of their portfolio LAJOLLA, CA 133,333133.3k $64.0k $64.0k 0.00% Unchanged
21 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 133,187133.2k $63.9k $63.9k 0.00% Reduced -24.5k -24,500
22 Bulldog Investors, LLP 0.01% of their portfolio SADDLE BROOK, NJ 122,422122.4k $58.3k $58.3k 0.01% New
23 TIG Advisors, LLC 0.00% of their portfolio New York, NY 116,662116.7k $56.0k $56.0k 0.00% New
24 Periscope Capital Inc. 0.01% of their portfolio Toronto, A6 116,500116.5k $53.6k $53.6k 0.01% Unchanged
25 L1 Global Manager Pty Ltd 0.04% of their portfolio Melbourne, C3 99,55999.6k $47.8k $47.8k 0.04% Reduced -441 -441
26 GLAZER CAPITAL, LLC 0.00% of their portfolio New York, NY 87,71587.7k $42.0k $42.0k 0.00% Reduced -32.1k -32,118
27 Centiva Capital, LP 0.00% of their portfolio New York, NY 78,33378.3k $37.6k $37.6k 0.00% New
28 Jain Global LLC 0.00% of their portfolio NEW YORK, NY 66,66666.7k $32.0k $32.0k 0.00% New
29 PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio Toronto, A6 66,66566.7k $32.0k $32.0k 0.00% New
30 Cable Car Capital, LP 0.00% of their portfolio SAN FRANCISCO, CA 50,00050.0k $24.0k $24.0k 0.00% New
31 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 41,82241.8k $20.1k $20.1k 0.00% Reduced -22.8k -22,793
32 HEIGHTS CAPITAL MANAGEMENT, INC 0.00% of their portfolio SAN FRANCISCO, CA 40,20640.2k $19.3k $19.3k 0.00% New
33 GRITSTONE ASSET MANAGEMENT LLC 0.02% of their portfolio Bethesda, MD 39,40439.4k $18.9k $18.9k 0.02% New
34 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 33,33333.3k $16.0k $16.0k 0.00% Unchanged
35 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio WEST PALM BEACH, FL 33,33333.3k $13.9k $13.9k 0.00% New
36 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 24,99925.0k $12.0k $12.0k 0.00% New
37 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 16,66616.7k $8.0k $8.0k 0.00% Unchanged
38 ABC ARBITRAGE SA 0.00% of their portfolio PARIS, I0 13,33313.3k $6.4k $6.4k 0.00% New
39 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,1334.1k $2.0k $2.0k 0.00% Reduced -200 -200