BLEICHROEDER ACQUISITI CORP
*W EXP 12/23/203 · CUSIP G1170E112
33
institutional holders
-8 vs Q1 2026
6.5m
shares reported held*
$14.2mreported value*
6 new
2 added
9 reduced
14 sold out
net sold ≈ $2.4m (-1.1m 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 ≈ $2.19. Options: 1 managers hold calls ($1.1m notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2026 | 41 |
| Q2 2026 | 33 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $609.0k | $0 | 0.00 |
| Q2 2026 | $1.1m | $0 | 0.00 |
Biggest buyers
| PEAK6 LLC | New | +399.9k |
| Centiva Capital, LP | New | +178.3k |
| Governors Lane LP | Added | +68.8k |
| PRELUDE CAPITAL MANAGEMENT, LLC | New | +25.0k |
| Apollon Wealth Management, LLC | New | +22.0k |
| HRT FINANCIAL LP | New | +12.5k |
| MARINER INVESTMENT GROUP LLC | New | +10.0k |
| Saba Capital Management, L.P. | Added | +2.8k |
Biggest sellers
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Sold out | -524.4k |
| ARISTEIA CAPITAL, L.L.C. | Reduced | -212.6k |
| Radcliffe Capital Management, L.P. | Sold out | -143.5k |
| Verition Fund Management LLC | Sold out | -125.2k |
| SONA ASSET MANAGEMENT (US) LLC | Sold out | -116.7k |
| TORONTO DOMINION BANK | Sold out | -113.3k |
| HEIGHTS CAPITAL MANAGEMENT, INC | Sold out | -93.2k |
| Sculptor Capital LP | Reduced | -86.0k |
| Magnetar Financial LLC | Reduced | -80.1k |
| Periscope Capital Inc. | Reduced | -52.5k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Reduced | $1.1m523.7k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| CONTINENTAL GENERAL INSURANCE CO 0.30% of their portfolio | 666.7k $1.5m | Unchanged |
| Linden Advisors LP 0.01% of their portfolio | 623.0k $1.4m | Unchanged |
| LMR Partners LLP 0.01% of their portfolio | 533.3k $1.2m | Unchanged |
| AQR Arbitrage LLC 0.01% of their portfolio | 452.3k $986.1k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.02% of their portfolio | 445.0k $994.5k | Reduced -212.6k |
| Fort Baker Capital Management LP 0.07% of their portfolio | 417.1k $909.4k | Unchanged |
| PEAK6 LLC 0.02% of their portfolio | 399.9k $871.8k | New |
| Magnetar Financial LLC 0.01% of their portfolio | 353.2k $770.0k | Reduced -80.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 333.3k $726.7k | Unchanged |
| Alberta Investment Management Corp 0.00% of their portfolio | 312.5k $681.3k | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.01% of their portfolio | 250.0k $545.0k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 214.3k $467.2k | Unchanged |
| Centiva Capital, LP 0.01% of their portfolio | 178.3k $388.6k | New |
| Clear Street Group Inc. 0.00% of their portfolio | 167.5k $365.1k | Reduced -13.7k |
| Sculptor Capital LP 0.00% of their portfolio | 163.4k $356.2k | Reduced -86.0k |
| MOORE CAPITAL MANAGEMENT, LP 0.01% of their portfolio | 150.0k $327.0k | Unchanged |
| Shaolin Capital Management LLC 0.02% of their portfolio | 143.6k $313.0k | Reduced -6.4k |
| Lineage Point Capital LP 0.04% of their portfolio | 97.8k $213.3k | Reduced -2.2k |
| Governors Lane LP 0.02% of their portfolio | 85.5k $186.3k | Added +68.8k |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 83.3k $181.7k | Unchanged |
| Saba Capital Management, L.P. 0.00% of their portfolio | 58.1k $126.7k | Added +2.8k |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 50.0k $109.0k | Unchanged |
| Mint Tower Capital Management B.V. 0.01% of their portfolio | 50.0k $109.0k | Unchanged |
| Periscope Capital Inc. 0.01% of their portfolio | 40.0k $87.2k | Reduced -52.5k |
| CSS LLC/IL 0.00% of their portfolio | 33.3k $72.7k | Unchanged |
| Context Capital Management, LLC 0.00% of their portfolio | 33.3k $72.7k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 33.0k $71.9k | Reduced -16.9k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 25.0k $54.5k | New |
| Walleye Capital LLC 0.00% of their portfolio | 23.1k $50.4k | Unchanged |
| Apollon Wealth Management, LLC 0.00% of their portfolio | 22.0k $48.0k | New |
| Jain Global LLC 0.00% of their portfolio | 21.1k $45.9k | Reduced -12.6k |
| HRT FINANCIAL LP 0.00% of their portfolio | 12.5k $27.0k | New |
| MARINER INVESTMENT GROUP LLC 0.01% of their portfolio | 10.0k $21.8k | New |