Vault-13

A SPAC II ACQUISITION CORP ASCBF

ORD SHS CL A · Common Stock · CUSIP G0543H109

45 institutional holders -2 vs Q1 2023
19,353,88719.4m shares reported held*
$203.9mreported value*
5 new 3 added 13 reduced 7 sold out net sold ≈ $15.2m (-1.4m 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 ($604.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.54.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 45Q1 23: 47Q2 23: 4545Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202241
Q4 202245
Q1 202347
Q2 202345

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 13 bought or addedQ4 22: 15 cut or sold outQ4 22Q1 23: 20 bought or addedQ1 23: 15 cut or sold outQ1 23Q2 23: 8 bought or addedQ2 23: 20 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221315
Q1 20232015
Q2 2023820

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 22 calls: $554.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $569.0kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$554.0k$00.00
Q4 2022$569.0k$00.00
Q1 2023$0$0—
Q2 2023$0$0—

Biggest buyers

First Trust Capital Management L.P. Added +600,800+600.8k
Castle Creek Arbitrage, LLC New +363,603+363.6k
COWEN AND COMPANY, LLC New +304,629+304.6k
Crystalline Management Inc. New +100,000+100.0k
Tuttle Capital Management, LLC New +40,079+40.1k
MIZUHO SECURITIES USA LLC Added +11,661+11.7k
Tower Research Capital LLC (TRC) New +105+105
PRELUDE CAPITAL MANAGEMENT, LLC Added +4+4

Biggest sellers

Hudson Bay Capital Management LP Reduced -1,500,000-1.5m
Saba Capital Management, L.P. Reduced -418,312-418.3k
MARSHALL WACE, LLP Sold out -234,115-234.1k
Shaolin Capital Management LLC Reduced -228,948-228.9k
JPMORGAN CHASE & CO Sold out -100,000-100.0k
Radcliffe Capital Management, L.P. Reduced -100,000-100.0k
BANK OF MONTREAL /CAN/ Reduced -75,155-75.2k
Spartan Fund Management Inc. Sold out -60,000-60.0k
Exos TFP Holdings LLC Reduced -29,924-29.9k
Virtu Financial LLC Sold out -20,230-20.2k

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
YIP Tsz Yan 13D · may seek influence new · filed 2025-07-15
Stated purposeOn June 23, 2025, the Sponsor and certain of Sponsor's shareholders (the "Seller"), and Yip Tsz Yan (the "Buyer") entered into a share purchase agreement (the "Purchase Agreement"). Pursuant to the Purchase Agreement, among other things, the Buyer acquired 60.5% of the Sponsor's issued and outstanding ordinary shares, no par value per share on July 7, 2025. The Sponsor is the record holder of the securities reported herein. Ms. Yip is the sole director of the Sponsor and has voting and investment discretion with respect to the securities held of record by the Sponsor, and is therefore the beneficial owner of the securities held of record by the Sponsor. Ms. Yip disclaims any pecuniary interests in the reported shares except to the extent of her beneficial ownership of the Sponsor. The Rep… Full filing
 87.9% new 5.0m 2025-07-15

Insider purchases and sales in Q2 2023

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 in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 0.66% of their portfolio GREENWICH, CT 1,787,5001.8m $18.9m $18.9m 0.66% Unchanged
2 Hudson Bay Capital Management LP 0.16% of their portfolio STAMFORD, CT 1,500,0001.5m $15.8m $15.8m 0.16% Reduced -1.5m -1,500,000
3 MIZUHO SECURITIES USA LLC 0.49% of their portfolio NEW YORK, NY 1,417,0131.4m $14.9m $14.9m 0.49% Added +11.7k +11,661
4 GLAZER CAPITAL, LLC 0.87% of their portfolio New York, NY 1,242,7041.2m $13.1m $13.1m 0.87% Reduced -1.0k -1,028
5 Shaolin Capital Management LLC 0.92% of their portfolio Miami, FL 949,900949.9k $10.0m $10.0m 0.92% Reduced -228.9k -228,948
6 KIM, LLC 0.84% of their portfolio WICHITA, KS 934,800934.8k $9.9m $9.9m 0.84% Unchanged
7 Cubist Systematic Strategies, LLC 0.10% of their portfolio STAMFORD, CT 880,150880.1k $9.3m $9.3m 0.10% Unchanged
8 First Trust Capital Management L.P. 0.51% of their portfolio CHICAGO, IL 804,924804.9k $8.5m $8.5m 0.51% Added +600.8k +600,800
9 Starboard Value LP 0.17% of their portfolio New York, NY 750,000750.0k $7.9m $7.9m 0.17% Unchanged
10 Saba Capital Management, L.P. 0.24% of their portfolio NEW YORK, NY 701,717701.7k $7.4m $7.4m 0.24% Reduced -418.3k -418,312
11 OAKTREE CAPITAL MANAGEMENT LP 0.10% of their portfolio LOS ANGELES, CA 675,000675.0k $7.1m $7.1m 0.10% Unchanged
12 Mint Tower Capital Management B.V. 0.90% of their portfolio AMSTERDAM, P7 650,000650.0k $6.9m $6.9m 0.90% Unchanged
13 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 616,664616.7k $6.5m $6.5m 0.02% Unchanged
14 Karpus Management, Inc. 0.18% of their portfolio Pittsford, NY 537,350537.4k $5.7m $5.7m 0.18% Reduced -12.5k -12,505
15 Radcliffe Capital Management, L.P. 0.46% of their portfolio BALA CYNWYD, PA 509,909509.9k $5.4m $5.4m 0.46% Reduced -100.0k -100,000
16 Westchester Capital Management, LLC 0.18% of their portfolio VALHALLA, NY 500,324500.3k $5.3m $5.3m 0.18% Unchanged
17 Periscope Capital Inc. 0.41% of their portfolio Toronto, A6 499,435499.4k $5.3m $5.3m 0.41% Unchanged
18 BOOTHBAY FUND MANAGEMENT, LLC 0.15% of their portfolio NEW YORK, NY 467,551467.6k $4.9m $4.9m 0.15% Unchanged
19 ATW SPAC MANAGEMENT LLC 3.38% of their portfolio NEW YORK, NY 450,000450.0k $4.7m $4.7m 3.38% Unchanged
20 AQR Arbitrage LLC 0.19% of their portfolio Greenwich, CT 408,515408.5k $4.3m $4.3m 0.19% Reduced -772 -772
21 Castle Creek Arbitrage, LLC 0.48% of their portfolio AVON, CO 363,603363.6k $3.8m $3.8m 0.48% New
22 WOLVERINE ASSET MANAGEMENT LLC 0.07% of their portfolio CHICAGO, IL 361,365361.4k $3.8m $3.8m 0.07% Reduced -7.3k -7,280
23 COWEN AND COMPANY, LLC 0.27% of their portfolio NEW YORK, NY 304,629304.6k $3.2m $3.2m 0.27% New
24 Polar Asset Management Partners Inc. 0.06% of their portfolio TORONTO, A6 300,000300.0k $3.2m $3.2m 0.06% Unchanged
25 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 300,000300.0k $3.2m $3.2m 0.05% Unchanged
26 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.16% of their portfolio WEST PALM BEACH, FL 299,998300.0k $3.2m $3.2m 0.16% Unchanged
27 CVI Holdings, LLC 2.92% of their portfolio WILMINGTON, DE 261,958262.0k $2.8m $2.8m 2.92% Reduced -8.8k -8,769
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 150,000150.0k $1.6m $1.6m 0.00% Unchanged
29 PRELUDE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 100,004100.0k $1.1m $1.1m 0.09% Added +4 +4
30 Exos TFP Holdings LLC 0.52% of their portfolio NEW YORK, NY 100,000100.0k $1.1m $1.1m 0.52% Reduced -29.9k -29,924
31 Crystalline Management Inc. 0.75% of their portfolio Montreal, Quebec, Z4 100,000100.0k $1.1m $1.1m 0.75% New
32 FIR TREE CAPITAL MANAGEMENT LP 0.09% of their portfolio New York, NY 91,24491.2k $963.5k $963.5k 0.09% Reduced -15.0k -14,980
33 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 60,00060.0k $633.3k $633.3k 0.01% Unchanged
34 Dakota Wealth Management 0.03% of their portfolio PALM BEACH GARDENS, FL 57,25057.2k $604.0k $604.0k 0.03% Unchanged
35 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 55,50055.5k $585.0k $585.0k 0.00% Unchanged
36 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 54,30054.3k $573.4k $573.4k 0.00% Reduced -75.2k -75,155
37 Terrapin Asset Management, LLC 0.74% of their portfolio Miami, FL 50,00050.0k $527.8k $527.8k 0.74% Unchanged
38 Tuttle Capital Management, LLC 1.20% of their portfolio RIVERSIDE, CT 40,07940.1k $253.9k $253.9k 1.20% New
39 RPO LLC 0.42% of their portfolio Stamford, CT 39,00239.0k $411.7k $411.7k 0.42% Unchanged
40 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 22,90022.9k $241.6k $241.6k 0.00% Unchanged
41 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 13,66813.7k $144.2k $144.2k 0.00% Unchanged
42 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 1,6061.6k $16.9k $16.9k 0.00% Reduced -3.5k -3,488
43 Elequin Capital, LP 0.00% of their portfolio NEW YORK, NY 470470 $5.0k $5.0k 0.00% Unchanged
44 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 105105 $1.1k $1.1k 0.00% New
45 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged