Vault-13

CARTESIAN GROWTH CORP II RENEF

CLASS A ORD · Common Stock · CUSIP G19305112

35 institutional holders -12 vs Q3 2023
15,185,23715.2m shares reported held*
$166.3mreported value*
8 new 10 added 13 reduced 19 sold out net sold ≈ $66.8m (-6.4m 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 ($4.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.95.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 42Q4 22: 52Q1 23: 51Q2 23: 51Q3 23: 47Q4 23: 3535Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202242
Q4 202252
Q1 202351
Q2 202351
Q3 202347
Q4 202335

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 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 23Q4 23: 18 bought or addedQ4 23: 32 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221810
Q1 20231814
Q2 20231814
Q3 20231413
Q4 20231832

Biggest buyers

BERKLEY W R CORP Added +696,009+696.0k
First Trust Capital Management L.P. Added +501,750+501.8k
MIZUHO SECURITIES USA LLC New +316,060+316.1k
D. E. Shaw & Co., Inc. Added +300,000+300.0k
Quarry LP New +277,648+277.6k
Verition Fund Management LLC Added +195,000+195.0k
Spartan Fund Management Inc. New +118,423+118.4k
WOLVERINE ASSET MANAGEMENT LLC Added +104,768+104.8k
Periscope Capital Inc. Added +101,600+101.6k
Walleye Capital LLC New +95,936+95.9k

Biggest sellers

Hudson Bay Capital Management LP Sold out -799,998-800.0k
NOMURA HOLDINGS INC Reduced -709,069-709.1k
AQR Arbitrage LLC Sold out -667,062-667.1k
LMR Partners LLP Reduced -650,000-650.0k
MMCAP International Inc. SPC Sold out -600,000-600.0k
Polar Asset Management Partners Inc. Reduced -539,998-540.0k
Castle Creek Arbitrage, LLC Sold out -521,707-521.7k
ARISTEIA CAPITAL, L.L.C. Reduced -510,824-510.8k
TWO SIGMA INVESTMENTS, LP Sold out -500,000-500.0k
PICTON MAHONEY ASSET MANAGEMENT Reduced -500,000-500.0k

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 Q4 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 Q4 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Trust Capital Management L.P. 1.32% of their portfolio CHICAGO, IL 1,578,2321.6m $17.3m $17.3m 1.32% Added +501.8k +501,750
2 Calamos Advisors LLC 0.08% of their portfolio NAPERVILLE, IL 1,500,0001.5m $16.4m $16.4m 0.08% Unchanged
3 Schechter Investment Advisors, LLC 1.28% of their portfolio BIRMINGHAM, MI 1,349,4911.3m $14.8m $14.8m 1.28% Reduced -31.8k -31,831
4 Westchester Capital Management, LLC 0.47% of their portfolio VALHALLA, NY 1,076,5601.1m $11.8m $11.8m 0.47% Reduced -72.8k -72,789
5 BERKLEY W R CORP 0.81% of their portfolio Greenwich, CT 1,021,9081.0m $11.2m $11.2m 0.81% Added +696.0k +696,009
6 KIM, LLC 1.08% of their portfolio WICHITA, KS 967,652967.7k $10.6m $10.6m 1.08% Unchanged
7 Karpus Management, Inc. 0.25% of their portfolio Pittsford, NY 744,154744.2k $8.1m $8.1m 0.25% Added +90.6k +90,565
8 PICTON MAHONEY ASSET MANAGEMENT 0.33% of their portfolio Toronto, A6 650,430650.4k $7.1m $7.1m 0.33% Reduced -500.0k -500,000
9 Radcliffe Capital Management, L.P. 0.95% of their portfolio BALA CYNWYD, PA 647,556647.6k $7.1m $7.1m 0.95% Added +69.5k +69,476
10 Periscope Capital Inc. 0.93% of their portfolio Toronto, A6 504,301504.3k $5.5m $5.5m 0.93% Added +101.6k +101,600
11 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 484,069484.1k $5.3m $5.3m 0.00% Reduced -326.4k -326,381
12 WOLVERINE ASSET MANAGEMENT LLC 0.08% of their portfolio CHICAGO, IL 464,171464.2k $5.1m $5.1m 0.08% Added +104.8k +104,768
13 GLAZER CAPITAL, LLC 0.47% of their portfolio New York, NY 416,882416.9k $4.6m $4.6m 0.47% Added +76.5k +76,475
14 Wealthspring Capital LLC 5.48% of their portfolio WEST HARRISON, NY 382,301382.3k $4.2m $4.2m 5.48% Added +1.3k +1,305
15 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 380,000380.0k $4.2m $4.2m 0.01% Added +300.0k +300,000
16 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.13% of their portfolio CHICAGO, IL 368,478368.5k $4.0m $4.0m 0.13% Reduced -165.6k -165,622
17 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 359,185359.2k $3.9m $3.9m 0.04% Added +195.0k +195,000
18 MIZUHO SECURITIES USA LLC 0.08% of their portfolio NEW YORK, NY 316,060316.1k $3.5m $3.5m 0.08% New
19 ARISTEIA CAPITAL, L.L.C. 0.14% of their portfolio GREENWICH, CT 300,000300.0k $3.3m $3.3m 0.14% Reduced -510.8k -510,824
20 Cohanzick Management, LLC 1.90% of their portfolio Pleasantville, NY 281,873281.9k $3.1m $3.1m 1.90% Unchanged
21 Quarry LP 1.54% of their portfolio NEW YORK, NY 277,648277.6k $3.0m $3.0m 1.54% New
22 Bulldog Investors, LLP 0.98% of their portfolio SADDLE BROOK, NJ 275,285275.3k $3.0m $3.0m 0.98% Reduced -321.2k -321,216
23 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 265,931265.9k $2.9m $2.9m 0.03% Reduced -709.1k -709,069
24 Polar Asset Management Partners Inc. 0.08% of their portfolio TORONTO, A6 260,000260.0k $2.8m $2.8m 0.08% Reduced -540.0k -539,998
25 COWEN AND COMPANY, LLC 0.16% of their portfolio NEW YORK, NY 225,626225.6k $2.5m $2.5m 0.16% Reduced -336.9k -336,900
26 LMR Partners LLP 0.04% of their portfolio LONDON, X0 150,000150.0k $1.6m $1.6m 0.04% Reduced -650.0k -650,000
27 Spartan Fund Management Inc. 1.59% of their portfolio TORONTO, ONTARIO, Z4 118,423118.4k $1.3m $1.3m 1.59% New
28 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 95,93695.9k $1.0m $1.0m 0.01% New
29 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 53,96454.0k $590.4k $590.4k 0.01% New
30 FIR TREE CAPITAL MANAGEMENT LP 0.05% of their portfolio New York, NY 21,65821.7k $237.4k $237.4k 0.05% Reduced -53.1k -53,133
31 CONDOR CAPITAL MANAGEMENT 0.02% of their portfolio MARTINSVILLE, NJ 18,39918.4k $201.5k $201.5k 0.02% New
32 Evercore Wealth Management, LLC 0.00% of their portfolio New York, NY 10,99811.0k $120.4k $120.4k 0.00% New
33 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 300300 $3.3k $3.3k 0.00% Reduced -201 -201
34 UBS Group AG 0.00% of their portfolio ZURICH, V8 6767 $734 $734 0.00% New
35 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged