BTC DEV CORP BDCIW
*W EXP 09/11/203 · Equity WRT · CUSIP G0701G117
- SectorBlank check (SPAC)
- IndustryBlank Checks
- HeadquartersPhiladelphia, PA
- FilingsSEC EDGAR
* 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 ≈ $0.40. Options: 1 managers hold calls ($33.0k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2025 | 37 |
| Q1 2026 | 35 |
| Q2 2026 | 37 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2026 | 10 | 9 |
| Q2 2026 | 8 | 4 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $63.0k | $0 | 0.00 |
| Q1 2026 | $45.8k | $0 | 0.00 |
| Q2 2026 | $33.0k | $0 | 0.00 |
Biggest buyers
| Meteora Capital, LLC | New | +542.6k |
| Harraden Circle Investments, LLC | New | +300.0k |
| Decagon Asset Management LLP | Added | +28.0k |
| Shaolin Capital Management LLC | Added | +16.6k |
| Arax Advisory Partners | New | +14.6k |
| AQR Arbitrage LLC | Added | +5.3k |
| Polar Asset Management Partners Inc. | Added | +4.0k |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | +874 |
Biggest sellers
| BERKLEY W R CORP | Sold out | -37.2k |
| TORONTO DOMINION BANK | Reduced | -34.0k |
| Bulldog Investors, LLP | Reduced | -305 |
| Clear Street Group Inc. | Reduced | -120 |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Reduced | $33.0k93.6k 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
| Manager | Shares | Change |
|---|---|---|
| TORONTO DOMINION BANK 0.00% of their portfolio | 618.0k $217.6k | Reduced -34.0k |
| Meteora Capital, LLC 0.02% of their portfolio | 542.6k $191.2k | New |
| Shaolin Capital Management LLC 0.01% of their portfolio | 419.6k $147.8k | Added +16.6k |
| GLAZER CAPITAL, LLC 0.00% of their portfolio | 306.1k $108.0k | Unchanged |
| Harraden Circle Investments, LLC 0.01% of their portfolio | 300.0k $105.7k | New |
| Linden Advisors LP 0.00% of their portfolio | 281.2k $130.8k | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 281.2k $99.1k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 281.2k $99.1k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 227.9k $80.3k | Added +5.3k |
| Verition Fund Management LLC 0.00% of their portfolio | 212.2k $74.8k | Unchanged |
| Magnetar Financial LLC 0.00% of their portfolio | 187.5k $87.2k | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 187.5k $84.4k | Unchanged |
| CSS LLC/IL 0.00% of their portfolio | 166.9k $58.8k | Unchanged |
| Periscope Capital Inc. 0.01% of their portfolio | 151.6k $68.2k | Unchanged |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 135.2k $47.6k | Added +4.0k |
| Alberta Investment Management Corp 0.00% of their portfolio | 131.2k $46.2k | Unchanged |
| Saba Capital Management, L.P. 0.00% of their portfolio | 131.2k $61.0k | Unchanged |
| Lineage Point Capital LP 0.01% of their portfolio | 108.7k $38.3k | Unchanged |
| MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio | 100.0k $35.2k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 100.0k $46.5k | Unchanged |
| Clear Street Group Inc. 0.00% of their portfolio | 87.6k $30.9k | Reduced -120 |
| Context Capital Management, LLC 0.00% of their portfolio | 87.5k $30.8k | Unchanged |
| Wealthspring Capital LLC 0.01% of their portfolio | 84.7k $29.9k | Unchanged |
| Decagon Asset Management LLP 0.01% of their portfolio | 79.5k $28.0k | Added +28.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 59.1k $20.8k | Unchanged |
| Mint Tower Capital Management B.V. 0.00% of their portfolio | 50.0k $18.0k | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 49.9k $21.0k | Unchanged |
| Radcliffe Capital Management, L.P. 0.00% of their portfolio | 38.1k $17.7k | Unchanged |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 36.6k $12.9k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 25.0k $8.8k | Unchanged |
| DLD Asset Management, LP 0.00% of their portfolio | 25.0k $8.8k | Unchanged |
| Bulldog Investors, LLP 0.00% of their portfolio | 16.5k $5.8k | Reduced -305 |
| BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio | 14.6k $147.2k | Added +874 |
| Arax Advisory Partners 0.00% of their portfolio | 14.6k $5.1k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 12.5k $4.4k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 5.0k $1.8k | Unchanged |
| PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio | 5.0k $1.8k | Unchanged |