BATTERY FUTURE ACQUISITION C
*W EXP 99/99/999 · CUSIP G0888J124
44
institutional holders
+0 vs Q4 2022
14.7m
shares reported held*
$3.5mreported value*
4 new
4 added
7 reduced
4 sold out
net bought ≈ $54.2k (+542.3k 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 ≈ $0.24. Options: 3 managers hold calls ($4.2m notional), 0 hold puts (—).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 42 |
| Q4 2022 | 44 |
| Q1 2023 | 44 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 10 | 12 |
| Q1 2023 | 8 | 11 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $4.1m | $0 | 0.00 |
| Q4 2022 | $4.2m | $0 | 0.00 |
| Q1 2023 | $4.2m | $0 | 0.00 |
Biggest buyers
| Altshuler Shaham Ltd | New | +505.0k |
| HGC Investment Management Inc. | New | +501.9k |
| Periscope Capital Inc. | Added | +226.8k |
| Sea Otter Advisors LLC | New | +97.2k |
| Walleye Capital LLC | Added | +94.0k |
| Shaolin Capital Management LLC | Added | +25.0k |
| CITADEL ADVISORS LLC | New | +24.5k |
| COWEN AND COMPANY, LLC | Added | +300 |
Biggest sellers
| MANGROVE PARTNERS IM, LLC | Sold out | -361.6k |
| Parallax Volatility Advisers, L.P. | Reduced | -244.4k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | Sold out | -200.0k |
| Fortress Investment Group LLC | Reduced | -64.5k |
| AQR Arbitrage LLC | Reduced | -27.6k |
| CANTOR FITZGERALD, L. P. | Reduced | -11.4k |
| RAMIUS ADVISORS LLC | Sold out | -10.1k |
| CLEAR STREET LLC | Reduced | -5.4k |
| UBS Group AG | Sold out | -4.0k |
| Alpine Global Management, LLC | Reduced | -3.3k |
Biggest calls
| MARSHALL WACE, LLP | Unchanged | $4.2m403.2k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $21.0k207.5k shares |
| CITIGROUP INC | Unchanged | $7.0k75.0k 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.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| Periscope Capital Inc. 0.01% of their portfolio | 1.5m $144.2k | Added +226.8k |
| CANTOR FITZGERALD, L. P. 0.00% of their portfolio | 1.1m $112.5k | Reduced -11.4k |
| Parallax Volatility Advisers, L.P. 0.00% of their portfolio | 999.9k $88.0k | Reduced -244.4k |
| Shaolin Capital Management LLC 0.00% of their portfolio | 860.2k $86.0k | Added +25.0k |
| Saba Capital Management, L.P. 0.00% of their portfolio | 850.0k $79.9k | Unchanged |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 785.9k $78.6k | Unchanged |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 750.0k $75.0k | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 750.0k $70.5k | Unchanged |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 640.2k $64.0k | Reduced -400 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 625.0k $62.5k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 538.2k $53.8k | Reduced -27.6k |
| Altshuler Shaham Ltd 0.00% of their portfolio | 505.0k $50.5k | New |
| HGC Investment Management Inc. 0.01% of their portfolio | 501.9k $52.0k | New |
| DAVIDSON KEMPNER PARTNERS 0.00% of their portfolio | 500.0k $50.0k | First filing |
| Taconic Capital Advisors LP 0.00% of their portfolio | 500.0k $50.0k | Unchanged |
| Davidson Kempner Capital Management LP 0.00% of their portfolio | 500.0k $50.0k | Unchanged |
| Sculptor Capital LP 0.00% of their portfolio | 499.4k $46.9k | Unchanged |
| COWEN AND COMPANY, LLC 0.00% of their portfolio | 330.6k $33.1k | Added +300 |
| Radcliffe Capital Management, L.P. 0.00% of their portfolio | 266.6k $25.1k | Unchanged |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 261.2k $26.1k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 250.0k $26.1k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 224.7k $22.5k | Added +94.0k |
| KIM, LLC 0.00% of their portfolio | 200.0k $18.8k | Unchanged |
| MMCAP International Inc. SPC 0.00% of their portfolio | 187.5k $18.8k | Unchanged |
| VR Advisory Services Ltd 0.00% of their portfolio | 150.0k $15.0k | Unchanged |
| DIFESA CAPITAL MANAGEMENT, LP 0.01% of their portfolio | 125.0k $12.5k | Unchanged |
| Spartan Fund Management Inc. 0.01% of their portfolio | 125.0k $11.8k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 110.9k $11.1k | Unchanged |
| Sea Otter Advisors LLC 0.01% of their portfolio | 97.2k $9.7k | New |
| CLEAR STREET LLC 0.00% of their portfolio | 82.6k $8.3k | Reduced -5.4k |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 75.0k $7.5k | Unchanged |
| Walleye Trading LLC 0.00% of their portfolio | 72.0k $7.2k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 55.9k $6.0k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 50.0k $5.0k | Unchanged |
| FIFTH LANE CAPITAL, LP 0.01% of their portfolio | 50.0k $4.7k | Unchanged |
| Lynwood Capital Management Inc. 1.84% of their portfolio | 40.3k $2.0m | Unchanged |
| Segantii Capital Management Ltd 0.00% of their portfolio | 38.8k $4.1k | Unchanged |
| OMERS ADMINISTRATION Corp 0.00% of their portfolio | 25.0k $2.4k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 24.5k $2.5k | New |
| Alpine Global Management, LLC 0.00% of their portfolio | 22.3k $2.0k | Reduced -3.3k |
| Terrapin Asset Management, LLC 0.00% of their portfolio | 15.0k $1.4k | Unchanged |
| Fortress Investment Group LLC 0.00% of their portfolio | 9.6k $960 | Reduced -64.5k |
| Ancora Advisors LLC 0.00% of their portfolio | 6.0k $564 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |