Vault-13

CARTESIAN GROWTH CORP II RENEF

CLASS A ORD · Common Stock · CUSIP G19305112

47 institutional holders -4 vs Q2 2023
21,851,23421.9m shares reported held*
$232.8mreported value*
3 new 11 added 6 reduced 7 sold out net bought ≈ $10.6m (+921.5k 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 ($4.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.66.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 42Q4 22: 52Q1 23: 51Q2 23: 51Q3 23: 4747Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202242
Q4 202252
Q1 202351
Q2 202351
Q3 202347

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 18 bought or addedQ4 22: 10 cut or sold outQ4 22Q1 23: 18 bought or addedQ1 23: 14 cut or sold outQ1 23Q2 23: 18 bought or addedQ2 23: 14 cut or sold outQ2 23Q3 23: 14 bought or addedQ3 23: 13 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221810
Q1 20231814
Q2 20231814
Q3 20231413

Biggest buyers

Schechter Investment Advisors, LLC Added +1,295,471+1.3m
COWEN AND COMPANY, LLC Added +542,845+542.8k
Castle Creek Arbitrage, LLC New +521,707+521.7k
PICTON MAHONEY ASSET MANAGEMENT Added +500,000+500.0k
Hudson Bay Capital Management LP Added +399,999+400.0k
WOLVERINE ASSET MANAGEMENT LLC New +359,403+359.4k
Wealthspring Capital LLC Added +92,910+92.9k
BERKLEY W R CORP Added +77,224+77.2k
Bulldog Investors, LLP Added +35,713+35.7k
Virtu Financial LLC Added +30,239+30.2k

Biggest sellers

CANTOR FITZGERALD, L. P. Sold out -1,875,000-1.9m
MANGROVE PARTNERS IM, LLC Sold out -420,321-420.3k
MARSHALL WACE, LLP Sold out -303,834-303.8k
Shaolin Capital Management LLC Sold out -109,724-109.7k
BANK OF MONTREAL /CAN/ Reduced -106,008-106.0k
Athos Capital Ltd Reduced -57,129-57.1k
Radcliffe Capital Management, L.P. Reduced -49,670-49.7k
GOLDMAN SACHS GROUP INC Sold out -27,367-27.4k
XTX Topco Ltd Sold out -21,291-21.3k
GLAZER CAPITAL, LLC Reduced -13,406-13.4k

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
MMCAP International Inc. SPC 13G · passive investor +2.9 pts · filed 2026-02-13 9.1% +2.9 pts 800.0k 2026-02-13
METEORA CAPITAL, LLC 13G · institution no change · filed 2025-05-15 9.0% no change 1.9m 2025-05-15

Fell to 5% or below in the last year: Context Capital Management, LLC (0.0%, 2026-08-05), BERKLEY W R CORP (5.0%, 2026-05-08), MIZUHO FINANCIAL GROUP INC (1.2%, 2026-02-12)

Insider purchases and sales in Q3 2023

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 in Q3 2023.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Calamos Advisors LLC 0.09% of their portfolio NAPERVILLE, IL 1,500,0001.5m $16.2m $16.2m 0.09% Unchanged
2 Schechter Investment Advisors, LLC 1.44% of their portfolio BIRMINGHAM, MI 1,381,3221.4m $14.9m $14.9m 1.44% Added +1.3m +1,295,471
3 PICTON MAHONEY ASSET MANAGEMENT 0.58% of their portfolio Toronto, A6 1,150,4301.2m $12.5m $12.5m 0.58% Added +500.0k +500,000
4 Westchester Capital Management, LLC 0.43% of their portfolio VALHALLA, NY 1,149,3491.1m $12.4m $12.4m 0.43% Added +27.4k +27,367
5 First Trust Capital Management L.P. 0.65% of their portfolio CHICAGO, IL 1,076,4821.1m $11.7m $11.7m 0.65% Unchanged
6 NOMURA HOLDINGS INC 0.11% of their portfolio TOKYO, M0 975,000975.0k $10.6m $10.6m 0.11% Unchanged
7 KIM, LLC 1.06% of their portfolio WICHITA, KS 967,652967.7k $10.5m $10.5m 1.06% Added +28.6k +28,565
8 ARISTEIA CAPITAL, L.L.C. 0.36% of their portfolio GREENWICH, CT 810,824810.8k $8.8m $8.8m 0.36% Unchanged
9 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 810,450810.5k $8.7m $8.7m 0.00% Reduced -106.0k -106,008
10 LMR Partners LLP 0.19% of their portfolio LONDON, X0 800,000800.0k $8.7m $8.7m 0.19% Unchanged
11 Polar Asset Management Partners Inc. 0.21% of their portfolio TORONTO, A6 799,998800.0k $8.7m $8.7m 0.21% Unchanged
12 Hudson Bay Capital Management LP 0.04% of their portfolio STAMFORD, CT 799,998800.0k $8.6m $8.6m 0.04% Added +400.0k +399,999
13 AQR Arbitrage LLC 0.32% of their portfolio Greenwich, CT 667,062667.1k $7.2m $7.2m 0.32% Unchanged
14 Karpus Management, Inc. 0.24% of their portfolio Pittsford, NY 653,589653.6k $7.1m $7.1m 0.24% Unchanged
15 MMCAP International Inc. SPC 1.87% of their portfolio GRAND CAYMAN, E9 600,000600.0k $6.5m $6.5m 1.87% Unchanged
16 Bulldog Investors, LLP 2.24% of their portfolio SADDLE BROOK, NJ 596,501596.5k $6.5m $6.5m 2.24% Added +35.7k +35,713
17 Radcliffe Capital Management, L.P. 0.78% of their portfolio BALA CYNWYD, PA 578,080578.1k $6.3m $6.3m 0.78% Reduced -49.7k -49,670
18 COWEN AND COMPANY, LLC 0.43% of their portfolio NEW YORK, NY 562,526562.5k $6.1m $6.1m 0.43% Added +542.8k +542,845
19 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.10% of their portfolio CHICAGO, IL 534,100534.1k $5.8m $5.8m 0.10% Unchanged
20 Castle Creek Arbitrage, LLC 1.33% of their portfolio AVON, CO 521,707521.7k $5.7m $5.7m 1.33% New
21 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 500,000500.0k $5.4m $5.4m 0.02% Unchanged
22 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 450,000450.0k $4.9m $4.9m 0.01% Unchanged
23 Periscope Capital Inc. 0.50% of their portfolio Toronto, A6 402,701402.7k $4.4m $4.4m 0.50% Unchanged
24 Wealthspring Capital LLC 7.03% of their portfolio WEST HARRISON, NY 380,996381.0k $4.1m $4.1m 7.03% Added +92.9k +92,910
25 WOLVERINE ASSET MANAGEMENT LLC 0.07% of their portfolio CHICAGO, IL 359,403359.4k $3.9m $3.9m 0.07% New
26 Athos Capital Ltd 2.18% of their portfolio HONG KONG, K3 342,871342.9k $3.7k $3.7k 2.18% Reduced -57.1k -57,129
27 GLAZER CAPITAL, LLC 0.24% of their portfolio New York, NY 340,407340.4k $3.7m $3.7m 0.24% Reduced -13.4k -13,406
28 BERKLEY W R CORP 0.23% of their portfolio Greenwich, CT 325,899325.9k $3.5m $3.5m 0.23% Added +77.2k +77,224
29 Woodline Partners LP 0.04% of their portfolio San Francisco, CA 300,000300.0k $3.2m $3.2m 0.04% Unchanged
30 Cohanzick Management, LLC 2.64% of their portfolio Pleasantville, NY 281,873281.9k $3.0m $3.0m 2.64% Unchanged
31 Magnetar Financial LLC 0.07% of their portfolio EVANSTON, IL 268,491268.5k $2.9m $2.9m 0.07% Unchanged
32 Linden Advisors LP 0.03% of their portfolio New York, NY 250,000250.0k $2.7m $2.7m 0.03% Unchanged
33 GRITSTONE ASSET MANAGEMENT LLC 3.05% of their portfolio Bethesda, MD 223,925223.9k $2.4m $2.4m 3.05% Unchanged
34 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 200,000200.0k $2.2m $2.2m 0.02% Unchanged
35 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 164,185164.2k $1.8m $1.8m 0.02% Unchanged
36 WHITEBOX ADVISORS LLC 0.05% of their portfolio MINNEAPOLIS, MN 100,000100.0k $1.1m $1.1m 0.05% Unchanged
37 Context Capital Management, LLC 0.09% of their portfolio LAJOLLA, CA 100,000100.0k $1.1m $1.1m 0.09% Unchanged
38 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 80,00080.0k $864.0k $864.0k 0.00% Unchanged
39 FIR TREE CAPITAL MANAGEMENT LP 0.09% of their portfolio New York, NY 74,79174.8k $807.7k $807.7k 0.09% Reduced -5.2k -5,209
40 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 46,24046.2k $499.4k $499.4k 0.00% Added +8.1k +8,075
41 Virtu Financial LLC 0.04% of their portfolio New York, NY 40,84940.8k $441.0k $441.0k 0.04% Added +30.2k +30,239
42 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 40,01140.0k $433.5k $433.5k 0.00% Unchanged
43 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 21,76121.8k $236.3k $236.3k 0.00% Unchanged
44 Elequin Capital, LP 0.00% of their portfolio NEW YORK, NY 2,2002.2k $23.9k $23.9k 0.00% Unchanged
45 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 501501 $5.4k $5.4k 0.00% New
46 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 5656 $608 $608 0.00% Reduced -9.5k -9,504
47 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged