Vault-13

BITCOIN INFRASTRUCTURE ACQUI BIXIU

UNIT 11/06/2030 · Unit · CUSIP G1143H127

13 institutional holders -6 vs Q1 2026
2,981,1963.0m shares reported held*
$30.0mreported value*
0 new 2 added 3 reduced 6 sold out net sold ≈ $8.6m (-845.8k 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 ≈ $10.08.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q4 25: 44Q1 26: 19Q2 26: 1313Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q4 202544
Q1 202619
Q2 202613

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 26: 5 bought or addedQ1 26: 32 cut or sold outQ1 26Q2 26: 2 bought or addedQ2 26: 9 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 2026532
Q2 202629

Biggest buyers

TORONTO DOMINION BANK Added +196,700+196.7k
Clear Street Group Inc. Added +57,634+57.6k

Biggest sellers

RLH Capital LLC Sold out -398,989-399.0k
Quarry LP Reduced -249,990-250.0k
CITADEL ADVISORS LLC Reduced -203,053-203.1k
Parallax Volatility Advisers, L.P. Sold out -200,927-200.9k
Tuttle Capital Management, LLC Sold out -25,000-25.0k
JANE STREET GROUP, LLC Sold out -10,050-10.1k
ROBINSON CAPITAL MANAGEMENT, LLC Sold out -10,000-10.0k
HRT FINANCIAL LP Reduced -2,084-2.1k
Magnetar Financial LLC Sold out -2-2

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
TENOR CAPITAL MANAGEMENT Co., L.P. 13G · passive investor new · filed 2025-12-08 6.0% new 1.2m≈ $12.6m 2025-12-08
Linden Capital L.P. 13G · passive investor new · filed 2025-12-05 5.5% new 1.2m≈ $12.6m 2025-12-05

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 LMR Partners LLP 0.09% of their portfolio LONDON, X0 1,250,0001.2m $12.6m $12.6m 0.09% Unchanged
2 OMERS ADMINISTRATION Corp 0.02% of their portfolio TORONTO, A6 400,000400.0k $4.0m $4.0m 0.02% Unchanged
3 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 346,600346.6k $3.5m $3.5m 0.01% Added +196.7k +196,700
4 Westchester Capital Management, LLC 0.11% of their portfolio VALHALLA, NY 220,000220.0k $2.2m $2.2m 0.11% Unchanged
5 Clear Street Group Inc. 0.01% of their portfolio NEW YORK, NY 208,801208.8k $2.0m $2.0m 0.01% Added +57.6k +57,634
6 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 125,000125.0k $1.3m $1.3m 0.00% Reduced -2.1k -2,084
7 PRELUDE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.07% Unchanged
8 Stoic Point Capital Management LLC 0.85% of their portfolio PALO ALTO, CA 100,000100.0k $1.0m $1.0m 0.85% Unchanged
9 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 70,00070.0k $708.4k $708.4k 0.00% Unchanged
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 50,00050.0k $505.5k $505.5k 0.00% Unchanged
11 Quarry LP 0.08% of their portfolio NEW YORK, NY 50,00050.0k $506.0k $506.0k 0.08% Reduced -250.0k -249,990
12 GLAZER CAPITAL, LLC 0.01% of their portfolio New York, NY 45,68045.7k $462.0k $462.0k 0.01% Unchanged
13 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 15,11515.1k $153.0k $153.0k 0.00% Reduced -203.1k -203,053