BLOCKCHAIN COINVSTRS ACQ CRP
*W EXP 11/01/202 · CUSIP G11765115
39
institutional holders
-2 vs Q4 2023
11.0m
shares reported held*
$29.6mreported value*
1 new
5 added
0 reduced
3 sold out
net sold ≈ $7.8k (-112.5k 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 ≈ $2.70. Options: 2 managers hold calls ($950.9k notional), 0 hold puts (—).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 50 |
| Q4 2022 | 52 |
| Q1 2023 | 46 |
| Q2 2023 | 44 |
| Q3 2023 | 46 |
| Q4 2023 | 41 |
| Q1 2024 | 39 |
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 | 12 | 12 |
| Q1 2023 | 7 | 11 |
| Q2 2023 | 3 | 7 |
| Q3 2023 | 4 | 4 |
| Q4 2023 | 3 | 11 |
| Q1 2024 | 6 | 3 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $914.4k | $0 | 0.00 |
| Q3 2023 | $955.5k | $0 | 0.00 |
| Q4 2023 | $932.6k | $0 | 0.00 |
| Q1 2024 | $950.9k | $0 | 0.00 |
Biggest buyers
| Flow State Investments, L.P. | Added | +15.0k |
| COWEN AND COMPANY, LLC | Added | +100 |
| BANK OF AMERICA CORP /DE/ | Added | +100 |
| CLEAR STREET LLC | Added | +100 |
| CITADEL ADVISORS LLC | Added | +96 |
| UBS Group AG | New | +44 |
Biggest sellers
| Spartan Fund Management Inc. | Sold out | -115.1k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Sold out | -95.5k |
| CVI Holdings, LLC | Sold out | -12.9k |
Biggest calls
| MARSHALL WACE, LLP | Unchanged | $947.1k85.2k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $3.8k101.7k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| Anson Funds Management LP 2.09% of their portfolio | 2.6m $29.3m | Unchanged |
| Saba Capital Management, L.P. 0.00% of their portfolio | 1.5m $64.1k | Unchanged |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 950.0k $41.0k | Unchanged |
| Kepos Capital LP 0.01% of their portfolio | 665.4k $25.0k | Unchanged |
| Periscope Capital Inc. 0.01% of their portfolio | 479.3k $20.3k | Unchanged |
| Exos Asset Management LLC 0.01% of their portfolio | 400.0k $15.2k | First filing |
| Calamos Advisors LLC 0.00% of their portfolio | 377.6k $16.0k | Unchanged |
| MMCAP International Inc. SPC 0.00% of their portfolio | 375.0k $13.9k | Unchanged |
| Sage Rock Capital Management LP 0.05% of their portfolio | 300.0k $11.1k | Unchanged |
| CLEAR STREET LLC 0.00% of their portfolio | 279.4k $10.3k | Added +100 |
| CANTOR FITZGERALD, L. P. 0.00% of their portfolio | 249.7k $9.2k | Unchanged |
| Shaolin Capital Management LLC 0.00% of their portfolio | 214.9k $8.0k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 200.0k $8.6k | Unchanged |
| Taconic Capital Advisors LP 0.00% of their portfolio | 200.0k $7.4k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 200.0k $7.4k | Unchanged |
| Davidson Kempner Capital Management LP 0.00% of their portfolio | 200.0k $8.1k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 189.9k $7.0k | Unchanged |
| COWEN AND COMPANY, LLC 0.00% of their portfolio | 169.3k $6.3k | Added +100 |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio | 150.0k $6.3k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 150.0k $5.6k | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 150.0k $5.5k | Unchanged |
| Atalaya Capital Management LP 0.01% of their portfolio | 150.0k $6.0k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 148.2k $5.5k | Unchanged |
| Sculptor Capital LP 0.00% of their portfolio | 136.4k $5.9k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 75.0k $2.8k | Unchanged |
| KIM, LLC 0.00% of their portfolio | 75.0k $2.8k | Unchanged |
| Mint Tower Capital Management B.V. 0.00% of their portfolio | 70.0k $3.0k | Unchanged |
| Flow State Investments, L.P. 0.00% of their portfolio | 60.0k $2.2k | Added +15.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 50.4k $2.0k | Added +100 |
| Walleye Trading LLC 0.00% of their portfolio | 40.5k $1.5k | Unchanged |
| Bulldog Investors, LLP 0.00% of their portfolio | 32.5k $1.3k | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 25.0k $1.0k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 20.0k $864 | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 17.4k $758 | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 14.3k $529 | Added +96 |
| Lynwood Capital Management Inc. 0.00% of their portfolio | 12.5k $463 | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 2.5k $108 | Unchanged |
| UBS Group AG 0.00% of their portfolio | 44 $2 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |