Vault-13

BRIDGETOWN HOLDINGS LTD

COM CL A · CUSIP G1355U113

35 institutional holders +3 vs Q1 2023
4,057,1074.1m shares reported held*
$41.7mreported value*
8 new 7 added 10 reduced 5 sold out net bought ≈ $8.2m (+800.4k 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 ≈ $10.27. Options: 1 managers hold calls ($1.2m notional), 5 hold puts ($1.8m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 83Q4 22: 28Q1 23: 32Q2 23: 3535Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202283
Q4 202228
Q1 202332
Q2 202335

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 14 bought or addedQ4 22: 73 cut or sold outQ4 22Q1 23: 13 bought or addedQ1 23: 14 cut or sold outQ1 23Q2 23: 15 bought or addedQ2 23: 15 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221473
Q1 20231314
Q2 20231515

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 22 calls: $2.9mQ3 22 puts: $1.1mQ3 22P/C 0.40Q4 22 calls: $1.6mQ4 22 puts: $2.3mQ4 22P/C 1.38Q1 23 calls: $1.3mQ1 23 puts: $2.0mQ1 23P/C 1.55Q2 23 calls: $1.2mQ2 23 puts: $1.8mQ2 23P/C 1.57
Numbers
QuarterCallsPutsP/C
Q3 2022$2.9m$1.1m0.40
Q4 2022$1.6m$2.3m1.38
Q1 2023$1.3m$2.0m1.55
Q2 2023$1.2m$1.8m1.57

Biggest buyers

BERKLEY W R CORP New +904,421+904.4k
COWEN AND COMPANY, LLC New +232,132+232.1k
Castle Creek Arbitrage, LLC Added +150,000+150.0k
JPMORGAN CHASE & CO Added +147,444+147.4k
HRT FINANCIAL LP New +108,543+108.5k
D. E. Shaw & Co., Inc. Added +78,731+78.7k
DEUTSCHE BANK AG\ Added +43,404+43.4k
Virtu Financial LLC New +39,482+39.5k
BARCLAYS PLC New +28,533+28.5k
LEVIN CAPITAL STRATEGIES, L.P. New +20,500+20.5k

Biggest sellers

MANGROVE PARTNERS IM, LLC Sold out -450,000-450.0k
Hudson Bay Capital Management LP Reduced -321,168-321.2k
Ergoteles LLC Sold out -48,655-48.7k
Meteora Capital, LLC Reduced -42,200-42.2k
BOOTHBAY FUND MANAGEMENT, LLC Sold out -41,298-41.3k
Tidal Investments LLC Reduced -30,537-30.5k
CITADEL ADVISORS LLC Reduced -20,637-20.6k
Walleye Capital LLC Reduced -17,400-17.4k
CLEAR STREET LLC Reduced -7,552-7.6k
UBS Group AG Sold out -4,967-5.0k

Biggest calls

CITADEL ADVISORS LLC Reduced $1.2m114.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2m114.8k shares
Verition Fund Management LLC New $564.9k55.0k shares
CITADEL ADVISORS LLC Reduced $87.3k8.5k shares
SIMPLEX TRADING, LLC Added $11.0k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BERKLEY W R CORP 0.56% of their portfolio Greenwich, CT 904,421904.4k $9.3m $9.3m 0.56% New
2 Terrapin Asset Management, LLC 5.77% of their portfolio Miami, FL 400,700400.7k $4.1m $4.1m 5.77% Unchanged
3 Castle Creek Arbitrage, LLC 0.51% of their portfolio AVON, CO 400,000400.0k $4.1m $4.1m 0.51% Added +150.0k +150,000
4 Hudson Bay Capital Management LP 0.04% of their portfolio STAMFORD, CT 378,832378.8k $3.9m $3.9m 0.04% Reduced -321.2k -321,168
5 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 342,095342.1k $3.5m $3.5m 0.01% Added +78.7k +78,731
6 COWEN AND COMPANY, LLC 0.20% of their portfolio NEW YORK, NY 232,132232.1k $2.4m $2.4m 0.20% New
7 Meteora Capital, LLC 0.41% of their portfolio Boca Raton, FL 215,110215.1k $2.2m $2.2m 0.41% Reduced -42.2k -42,200
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 148,999149.0k $1.5m $1.5m 0.00% Added +147.4k +147,444
9 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 141,968142.0k $1.5m $1.5m 0.00% Added +43.4k +43,404
10 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 108,543108.5k $1.1m $1.1m 0.01% New
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 107,897107.9k $1.1m $1.1m 0.00% Added +380 +380
12 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 100,000100.0k $1.0m $1.0m 0.01% Unchanged
13 Periscope Capital Inc. 0.08% of their portfolio Toronto, A6 100,000100.0k $1.0m $1.0m 0.08% Unchanged
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 85,14285.1k $874.4k $874.4k 0.00% Added +6.7k +6,694
15 ROBINSON CAPITAL MANAGEMENT, LLC 0.33% of their portfolio GROSSE POINTE FARMS, MI 71,71371.7k $735.8k $735.8k 0.33% Added +4.5k +4,463
16 SkyView Investment Advisors, LLC 0.16% of their portfolio SHREWSBURY, NJ 64,26964.3k $660.0k $660.0k 0.16% Unchanged
17 Virtu Financial LLC 0.03% of their portfolio New York, NY 39,48239.5k $405.0k $405.0k 0.03% New
18 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 39,46339.5k $405.0k $405.0k 0.01% Reduced -30.5k -30,537
19 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 37,73037.7k $387.5k $387.5k 0.01% Reduced -17.4k -17,400
20 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 28,53328.5k $293.0k $293.0k 0.00% New
21 FIR TREE CAPITAL MANAGEMENT LP 0.03% of their portfolio New York, NY 25,00025.0k $256.8k $256.8k 0.03% Unchanged
22 LEVIN CAPITAL STRATEGIES, L.P. 0.02% of their portfolio NEW YORK, NY 20,50020.5k $210.5k $210.5k 0.02% New
23 PICTON MAHONEY ASSET MANAGEMENT 0.01% of their portfolio Toronto, A6 14,78014.8k $152.0k $152.0k 0.01% Unchanged
24 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 14,42614.4k $148.2k $148.2k 0.03% New
25 GRAHAM CAPITAL WEALTH MANAGEMENT, LLC 0.24% of their portfolio WASHINGTON, DC 10,00010.0k $102.7k $102.7k 0.24% New
26 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 9,9189.9k $101.9k $101.9k 0.00% Reduced -20.6k -20,637
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,3835.4k $55.0k $55.0k 0.00% Reduced -2.2k -2,209
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,9264.9k $50.6k $50.6k 0.00% Reduced -1.2k -1,237
29 BlackRock Inc. 0.00% of their portfolio New York, NY 4,3614.4k $44.8k $44.8k 0.00% Unchanged
30 Cutler Group LLC / CA 0.00% of their portfolio SAN FRANCISCO, CA 500500 $5.0k $5.0k 0.00% Reduced -466 -466
31 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 221221 $2.3k $2.3k 0.00% Reduced -84 -84
32 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 6161 $626 $626 0.00% Reduced -7.6k -7,552
33 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 11 $0 $0 0.00% Unchanged
34 Roble, Belko & Company, Inc 0.00% of their portfolio SEWICKLEY, PA 11 $0 $0 0.00% Unchanged
35 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged