Vault-13

CARTESIAN GROWTH CORP II RENEF

CLASS A ORD · Common Stock · CUSIP G19305112

18 institutional holders -2 vs Q4 2024
6,639,3246.6m shares reported held*
$78.7mreported value*
4 new 2 added 4 reduced 5 sold out net sold ≈ $8.8m (-2.6m 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 ≈ $11.86.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 42Q4 22: 52Q1 23: 51Q2 23: 51Q3 23: 47Q4 23: 35Q1 24: 34Q2 24: 35Q3 24: 33Q4 24: 20Q1 25: 1818Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202242
Q4 202252
Q1 202351
Q2 202351
Q3 202347
Q4 202335
Q1 202434
Q2 202435
Q3 202433
Q4 202420
Q1 202518

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 18 bought or addedQ2 23: 14 cut or sold outQ3 23: 14 bought or addedQ3 23: 13 cut or sold outQ3 23Q4 23: 18 bought or addedQ4 23: 32 cut or sold outQ1 24: 7 bought or addedQ1 24: 15 cut or sold outQ1 24Q2 24: 13 bought or addedQ2 24: 8 cut or sold outQ3 24: 11 bought or addedQ3 24: 20 cut or sold outQ3 24Q4 24: 7 bought or addedQ4 24: 24 cut or sold outQ1 25: 6 bought or addedQ1 25: 9 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20231814
Q3 20231413
Q4 20231832
Q1 2024715
Q2 2024138
Q3 20241120
Q4 2024724
Q1 202569

Biggest buyers

TORONTO DOMINION BANK New +198,000+198.0k
Westchester Capital Management, LLC New +110,613+110.6k
MIZUHO SECURITIES USA LLC Added +93,152+93.2k
CLEAR STREET LLC Added +2,481+2.5k
UBS Group AG New +281+281
MORGAN STANLEY New +19+19

Biggest sellers

CANTOR FITZGERALD, L. P. Sold out -1,897,500-1.9m
First Trust Capital Management L.P. Sold out -450,000-450.0k
Alpine Global Management, LLC Sold out -400,000-400.0k
Crossingbridge Advisors, LLC Sold out -212,111-212.1k
Karpus Management, Inc. Reduced -40,465-40.5k
Virtu Financial LLC Sold out -26,824-26.8k
GLAZER CAPITAL, LLC Reduced -5,284-5.3k
WOLVERINE ASSET MANAGEMENT LLC Reduced -2,014-2.0k
Meteora Capital, LLC Reduced -3-3

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 Q1 2025

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 Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Meteora Capital, LLC 8.16% of their portfolio Boca Raton, FL 1,943,1161.9m $23.0m $23.0m 8.16% Reduced -3 -3
2 MIZUHO SECURITIES USA LLC 0.29% of their portfolio NEW YORK, NY 1,150,9521.2m $13.6m $13.6m 0.29% Added +93.2k +93,152
3 Karpus Management, Inc. 0.35% of their portfolio Pittsford, NY 914,894914.9k $10.9m $10.9m 0.35% Reduced -40.5k -40,465
4 BERKLEY W R CORP 0.53% of their portfolio Greenwich, CT 608,180608.2k $7.2m $7.2m 0.53% Unchanged
5 GLAZER CAPITAL, LLC 0.21% of their portfolio New York, NY 390,098390.1k $4.6m $4.6m 0.21% Reduced -5.3k -5,284
6 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.10% of their portfolio CHICAGO, IL 356,946356.9k $4.2m $4.2m 0.10% Unchanged
7 ARISTEIA CAPITAL, L.L.C. 0.11% of their portfolio GREENWICH, CT 300,000300.0k $3.6m $3.6m 0.11% Unchanged
8 WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio CHICAGO, IL 255,240255.2k $3.0m $3.0m 0.06% Reduced -2.0k -2,014
9 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 198,000198.0k $2.4m $2.4m 0.01% New
10 LMR Partners LLP 0.04% of their portfolio LONDON, X0 150,000150.0k $1.8m $1.8m 0.04% Unchanged
11 Periscope Capital Inc. 0.83% of their portfolio Toronto, A6 125,000125.0k $1.5m $1.5m 0.83% Unchanged
12 Polar Asset Management Partners Inc. 0.05% of their portfolio TORONTO, A6 118,000118.0k $1.4m $1.4m 0.05% Unchanged
13 Westchester Capital Management, LLC 0.08% of their portfolio VALHALLA, NY 110,613110.6k $1.3m $1.3m 0.08% New
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 11,68711.7k $138.7k $138.7k 0.00% Unchanged
15 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 6,2986.3k $74.7k $74.7k 0.00% Added +2.5k +2,481
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 281281 $3.3k $3.3k 0.00% New
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1919 $226 $226 0.00% New
18 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged