Vault-13

A SPAC III ACQUISITION CORP ASPCU

UNIT 02/15/2029 · Unit · CUSIP G0544A137

13 institutional holders -17 vs Q4 2024
1,381,7361.4m shares reported held*
$14.1mreported value*
1 new 1 added 3 reduced 17 sold out net sold ≈ $39.5m (-3.9m 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 ≈ $10.20.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q4 24: 30Q1 25: 1313Q4 24Q1 25
Numbers
QuarterHolders
Q4 202430
Q1 202513

Biggest buyers

CITADEL ADVISORS LLC New +11,620+11.6k
UBS Group AG Added +7,359+7.4k

Biggest sellers

MIZUHO SECURITIES USA LLC Sold out -441,000-441.0k
BOOTHBAY FUND MANAGEMENT, LLC Sold out -389,100-389.1k
ATW SPAC MANAGEMENT LLC Sold out -389,100-389.1k
Harraden Circle Investments, LLC Sold out -357,700-357.7k
Polar Asset Management Partners Inc. Sold out -340,000-340.0k
HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -335,000-335.0k
AQR Arbitrage LLC Sold out -249,459-249.5k
ADAR1 Capital Management, LLC Sold out -215,000-215.0k
Hudson Bay Capital Management LP Sold out -200,000-200.0k
Mint Tower Capital Management B.V. Sold out -175,000-175.0k

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
MIZUHO FINANCIAL GROUP INC 13G · institution +2.1 pts · filed 2025-05-13 8.8% +2.1 pts 575.6k 2025-05-13
Feis Equities LLC 13G · passive investor new · filed 2025-03-13 7.4% new 486.5k 2025-03-13
Polar Asset Management Partners Inc. 13G · institution new · filed 2025-02-14 5.2% new 340.0k 2025-02-14

Fell to 5% or below in the last year: BANK OF MONTREAL /CAN/ (0.0%, 2026-02-12), ATW SPAC MANAGEMENT LLC (0.0%, 2026-02-06), BOOTHBAY FUND MANAGEMENT, LLC (0.0%, 2025-11-14)

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 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.29% of their portfolio WEST PALM BEACH, FL 540,000540.0k $5.5m $5.5m 0.29% Unchanged
2 WOLVERINE ASSET MANAGEMENT LLC 0.05% of their portfolio CHICAGO, IL 275,000275.0k $2.8m $2.8m 0.05% Unchanged
3 GRAHAM CAPITAL WEALTH MANAGEMENT, LLC 2.42% of their portfolio WASHINGTON, DC 221,936221.9k $2.3m $2.3m 2.42% Reduced -1.8k -1,780
4 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 71,80071.8k $733.1k $733.1k 0.01% Unchanged
5 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 69,22669.2k $706.0k $706.0k 0.03% Reduced -774 -774
6 HEIGHTS CAPITAL MANAGEMENT, INC 0.29% of their portfolio SAN FRANCISCO, CA 60,00060.0k $613.2k $613.2k 0.29% Unchanged
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 34,50034.5k $352.6k $352.6k 0.00% Unchanged
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 33,27933.3k $339.4k $339.4k 0.00% Added +7.4k +7,359
9 Sandia Investment Management LP 0.89% of their portfolio BOSTON, MA 30,00030.0k $306.3k $306.3k 0.89% Unchanged
10 Quarry LP 0.08% of their portfolio NEW YORK, NY 30,00030.0k $306.3k $306.3k 0.08% Unchanged
11 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 11,62011.6k $118.8k $118.8k 0.00% New
12 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 4,3754.4k $44.7k $44.7k 0.00% Reduced -141.8k -141,755
13 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged