CARTESIAN GROWTH CORP II REEWF
*W EXP 07/12/202 · Equity WRT · CUSIP G19305120
- SectorBlank check (SPAC)
- IndustryBlank Checks
- HeadquartersNew York, NY
- FilingsSEC EDGAR
* 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 ($1.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.10. Options: 2 managers hold calls ($1.9m notional), 0 hold puts (—).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 29 |
| Q4 2022 | 33 |
| Q1 2023 | 35 |
| Q2 2023 | 34 |
| Q3 2023 | 32 |
| Q4 2023 | 32 |
| Q1 2024 | 32 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 9 | 6 |
| Q1 2023 | 8 | 4 |
| Q2 2023 | 9 | 9 |
| Q3 2023 | 9 | 7 |
| Q4 2023 | 10 | 4 |
| Q1 2024 | 5 | 7 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $2.1m | $0 | 0.00 |
| Q3 2023 | $2.0m | $0 | 0.00 |
| Q4 2023 | $1.8m | $0 | 0.00 |
| Q1 2024 | $1.9m | $0 | 0.00 |
Biggest buyers
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Added | +130.5k |
| HGC Investment Management Inc. | Added | +50.0k |
| Marex Group Ltd | New | +32.2k |
| Walleye Capital LLC | Added | +4.5k |
| Walleye Trading LLC | Added | +2.5k |
Biggest sellers
| Bulldog Investors, LLP | Reduced | -83.6k |
| Shaolin Capital Management LLC | Reduced | -74.9k |
| Context Capital Management, LLC | Sold out | -66.7k |
| COWEN AND COMPANY, LLC | Reduced | -50.0k |
| Meteora Capital, LLC | Reduced | -43.3k |
| Skaana Management L.P. | Reduced | -4.3k |
| Wealthspring Capital LLC | Reduced | -1.1k |
Biggest calls
| MARSHALL WACE, LLP | Unchanged | $1.9m165.4k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $15.5k150.0k 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.
Insider purchases and sales in Q1 2024
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 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| CANTOR FITZGERALD, L. P. 0.02% of their portfolio | 2.4m $70.2k | Unchanged |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.5m $165.0k | Added +130.5k |
| Shaolin Capital Management LLC 0.00% of their portfolio | 672.6k $69.5k | Reduced -74.9k |
| Periscope Capital Inc. 0.01% of their portfolio | 520.0k $53.8k | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 500.0k $55.0k | Unchanged |
| PIPER SANDLER & CO. 0.03% of their portfolio | 402.5k $41.6k | Unchanged |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 266.7k $27.6k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 266.7k $27.6k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 256.2k $28.2k | Unchanged |
| MMCAP International Inc. SPC 0.00% of their portfolio | 200.0k $20.7k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 142.5k $14.7k | Added +4.5k |
| NOMURA HOLDINGS INC 0.00% of their portfolio | 133.3k $14.7k | Unchanged |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.00% of their portfolio | 122.8k $13.5k | Unchanged |
| Athos Capital Ltd 0.02% of their portfolio | 114.3k $12.7k | Unchanged |
| HGC Investment Management Inc. 0.00% of their portfolio | 100.0k $10.3k | Added +50.0k |
| Bulldog Investors, LLP 0.00% of their portfolio | 94.6k $9.8k | Reduced -83.6k |
| Saba Capital Management, L.P. 0.00% of their portfolio | 88.3k $9.7k | Unchanged |
| Westchester Capital Management, LLC 0.00% of their portfolio | 83.3k $9.2k | Unchanged |
| Walleye Trading LLC 0.00% of their portfolio | 80.1k $8.3k | Added +2.5k |
| KIM, LLC 0.00% of their portfolio | 66.7k $6.9k | Unchanged |
| Verition Fund Management LLC 0.00% of their portfolio | 53.1k $5.8k | Unchanged |
| COWEN AND COMPANY, LLC 0.00% of their portfolio | 50.0k $5.2k | Reduced -50.0k |
| Q Global Advisors, LLC 0.00% of their portfolio | 46.7k $5.0k | Unchanged |
| Schechter Investment Advisors, LLC 0.00% of their portfolio | 44.6k $4.6k | Unchanged |
| Meteora Capital, LLC 0.00% of their portfolio | 37.7k $3.9k | Reduced -43.3k |
| CLEAR STREET LLC 0.00% of their portfolio | 36.8k $3.8k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 33.3k $3.4k | Unchanged |
| Marex Group Ltd 0.00% of their portfolio | 32.2k $3.5k | New |
| Wealthspring Capital LLC 0.00% of their portfolio | 13.6k $1.4k | Reduced -1.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 13.3k $1.4k | Unchanged |
| Skaana Management L.P. 0.00% of their portfolio | 4.0k $413 | Reduced -4.3k |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |