Vault-13

CARTESIAN GROWTH CORP III FAC

COM CL A · Common Stock · CUSIP G19307100

67 institutional holders +16 vs Q3 2025
27,044,50527.0m shares reported held*
$278.4mreported value*
19 new 5 added 17 reduced 5 sold out net bought ≈ $26.3m (+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 ≈ $10.29.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q2 25: 37Q3 25: 51Q4 25: 6767Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q2 202537
Q3 202551
Q4 202567

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 25: 26 bought or addedQ3 25: 12 cut or sold outQ3 25Q4 25: 24 bought or addedQ4 25: 22 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q3 20252612
Q4 20252422

Biggest buyers

Fort Baker Capital Management LP New +2,529,121+2.5m
HIGHBRIDGE CAPITAL MANAGEMENT LLC New +2,000,000+2.0m
CANTOR FITZGERALD, L. P. New +709,439+709.4k
HGC Investment Management Inc. New +450,000+450.0k
Sculptor Capital LP New +310,165+310.2k
Harraden Circle Investments, LLC New +303,470+303.5k
K2 PRINCIPAL FUND, L.P. New +250,000+250.0k
Yakira Capital Management, Inc. New +209,774+209.8k
UBS Group AG Added +156,697+156.7k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS New +100,000+100.0k

Biggest sellers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -1,250,000-1.2m
PICTON MAHONEY ASSET MANAGEMENT Reduced -600,000-600.0k
MANGROVE PARTNERS IM, LLC Sold out -450,000-450.0k
WOLVERINE ASSET MANAGEMENT LLC Reduced -305,736-305.7k
GLAZER CAPITAL, LLC Reduced -302,283-302.3k
Westchester Capital Management, LLC Reduced -287,153-287.2k
Verition Fund Management LLC Sold out -283,520-283.5k
Governors Lane LP Sold out -250,000-250.0k
BERKLEY W R CORP Reduced -248,546-248.5k
Shaolin Capital Management LLC Reduced -175,000-175.0k

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
CGC III Sponsor LLC 13G · exempt (held before listing) new · filed 2025-08-05 20.0% new 6.9m 2025-08-05
Fort Baker Capital Management LP 13G · institution new · filed 2026-02-17 9.2% new 2.5m 2026-02-17
HIGHBRIDGE CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-02-17 7.2% new 2.0m 2026-02-17
MILLENNIUM MANAGEMENT LLC 13G · passive investor new · filed 2026-05-07 5.5% new 1.5m 2026-05-07

Fell to 5% or below in the last year: METEORA CAPITAL, LLC (0.0%, 2026-08-14), GOLDMAN SACHS GROUP INC (1.3%, 2026-05-07), PICTON MAHONEY ASSET MANAGEMENT (4.7%, 2026-04-27), BARCLAYS PLC (4.5%, 2026-02-11)

Insider purchases and sales in Q4 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 Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fort Baker Capital Management LP 2.89% of their portfolio Larkspur, CA 2,529,1212.5m $26.0m $26.0m 2.89% New
2 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.95% of their portfolio NEW YORK, NY 2,000,0002.0m $20.6m $20.6m 0.95% New
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.22% of their portfolio NEW YORK, NY 1,500,0001.5m $15.4m $15.4m 0.22% Unchanged
4 PICTON MAHONEY ASSET MANAGEMENT 0.16% of their portfolio Toronto, A6 1,400,0001.4m $14.4m $14.4m 0.16% Reduced -600.0k -600,000
5 MMCAP International Inc. SPC 1.39% of their portfolio GRAND CAYMAN, E9 1,350,0001.4m $13.9m $13.9m 1.39% Unchanged
6 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,248,1001.2m $12.8m $12.8m 0.01% Unchanged
7 AQR Arbitrage LLC 0.23% of their portfolio Greenwich, CT 1,049,6921.0m $10.8m $10.8m 0.23% Unchanged
8 Magnetar Financial LLC 0.10% of their portfolio EVANSTON, IL 1,000,0001.0m $10.3m $10.3m 0.10% Unchanged
9 LMR Partners LLP 0.09% of their portfolio LONDON, X0 918,231918.2k $9.5m $9.5m 0.09% Reduced -81.8k -81,769
10 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 836,973837.0k $8.6m $8.6m 0.01% Unchanged
11 ARISTEIA CAPITAL, L.L.C. 0.22% of their portfolio GREENWICH, CT 750,000750.0k $7.7m $7.7m 0.22% Unchanged
12 Linden Advisors LP 0.05% of their portfolio New York, NY 750,000750.0k $7.7m $7.7m 0.05% Unchanged
13 GLAZER CAPITAL, LLC 0.20% of their portfolio New York, NY 738,500738.5k $7.6m $7.6m 0.20% Reduced -302.3k -302,283
14 CANTOR FITZGERALD, L. P. 0.22% of their portfolio NEW YORK, NY 709,439709.4k $7.3m $7.3m 0.22% New
15 Wealthspring Capital LLC 1.71% of their portfolio WEST HARRISON, NY 702,750702.8k $7.2m $7.2m 1.71% Reduced -30.8k -30,800
16 Radcliffe Capital Management, L.P. 0.33% of their portfolio BALA CYNWYD, PA 595,796595.8k $6.1m $6.1m 0.33% Added +87.4k +87,383
17 WHITEBOX ADVISORS LLC 0.09% of their portfolio MINNEAPOLIS, MN 550,000550.0k $5.7m $5.7m 0.09% Unchanged
18 Polar Asset Management Partners Inc. 0.10% of their portfolio TORONTO, A6 500,000500.0k $5.1m $5.1m 0.10% Unchanged
19 HGC Investment Management Inc. 0.98% of their portfolio TORONTO, A6 450,000450.0k $4.6m $4.6m 0.98% New
20 Meteora Capital, LLC 0.38% of their portfolio Boca Raton, FL 439,975440.0k $4.5m $4.5m 0.38% Reduced -532 -532
21 BERKLEY W R CORP 0.23% of their portfolio Greenwich, CT 393,552393.6k $4.1m $4.1m 0.23% Reduced -248.5k -248,546
22 Westchester Capital Management, LLC 0.19% of their portfolio VALHALLA, NY 390,847390.8k $4.0m $4.0m 0.19% Reduced -287.2k -287,153
23 Periscope Capital Inc. 0.74% of their portfolio Toronto, A6 371,667371.7k $3.8m $3.8m 0.74% Reduced -103.3k -103,333
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 362,963363.0k $3.7m $3.7m 0.00% Unchanged
25 Alberta Investment Management Corp 0.02% of their portfolio EDMONTON, A0 350,000350.0k $3.6m $3.6m 0.02% Unchanged
26 Shaolin Capital Management LLC 0.13% of their portfolio Miami, FL 325,000325.0k $3.3m $3.3m 0.13% Reduced -175.0k -175,000
27 Sculptor Capital LP 0.04% of their portfolio New York, NY 310,165310.2k $3.2m $3.2m 0.04% New
28 Harraden Circle Investments, LLC 0.57% of their portfolio NEW YORK, NY 303,470303.5k $3.1m $3.1m 0.57% New
29 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 300,900300.9k $3.1m $3.1m 0.00% Added +899 +899
30 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.07% of their portfolio CHICAGO, IL 250,000250.0k $2.6m $2.6m 0.07% Unchanged
31 K2 PRINCIPAL FUND, L.P. 0.27% of their portfolio TORONTO, A6 250,000250.0k $2.6m $2.6m 0.27% New
32 Mint Tower Capital Management B.V. 0.31% of their portfolio AMSTERDAM, P7 250,000250.0k $2.6m $2.6m 0.31% Unchanged
33 GABELLI & Co INVESTMENT ADVISERS, INC. 0.38% of their portfolio Rye, NY 243,600243.6k $2.5m $2.5m 0.38% Unchanged
34 UBS Group AG 0.00% of their portfolio ZURICH, V8 215,841215.8k $2.2m $2.2m 0.00% Added +156.7k +156,697
35 Yakira Capital Management, Inc. 0.73% of their portfolio Westport, CT 209,774209.8k $2.2m $2.2m 0.73% New
36 Centiva Capital, LP 0.12% of their portfolio New York, NY 200,000200.0k $2.1m $2.1m 0.12% Reduced -35.5k -35,500
37 L1 Global Manager Pty Ltd 1.35% of their portfolio Melbourne, C3 200,000200.0k $2.1m $2.1m 1.35% First filing
38 Lineage Point Capital LP 0.75% of their portfolio PALM BEACH, FL 192,650192.7k $2.0m $2.0m 0.75% First filing
39 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 184,662184.7k $1.9m $1.9m 0.01% Unchanged
40 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 175,000175.0k $1.8m $1.8m 0.01% Reduced -25.0k -25,000
41 Hudson Bay Capital Management LP 0.01% of their portfolio STAMFORD, CT 150,300150.3k $1.5m $1.5m 0.01% Reduced -93.7k -93,658
42 HEIGHTS CAPITAL MANAGEMENT, INC 0.58% of their portfolio SAN FRANCISCO, CA 150,000150.0k $1.5m $1.5m 0.58% Unchanged
43 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.06% of their portfolio WEST PALM BEACH, FL 133,142133.1k $1.4m $1.4m 0.06% Added +25.0k +24,999
44 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 100,000100.0k $1.0m $1.0m 0.01% New
45 Context Capital Management, LLC 0.03% of their portfolio LAJOLLA, CA 100,000100.0k $1.0m $1.0m 0.03% Unchanged
46 DLD Asset Management, LP 0.11% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.11% Reduced -1.8k -1,836
47 Clear Street Group Inc. 0.01% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.01% Reduced -78.4k -78,422
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 99,85399.9k $1.0m $1.0m 0.00% New
49 GRITSTONE ASSET MANAGEMENT LLC 0.97% of their portfolio Bethesda, MD 98,85398.9k $1.0m $1.0m 0.97% Unchanged
50 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 76,37776.4k $786.3k $786.3k 0.00% Reduced -70.6k -70,623
51 CSS LLC/IL 0.04% of their portfolio CHICAGO, IL 68,64468.6k $706.7k $706.7k 0.04% Unchanged
52 Diametric Capital, LP 0.17% of their portfolio BOSTON, MA 60,59260.6k $623.8k $623.8k 0.17% New
53 DELTEC ASSET MANAGEMENT LLC 0.10% of their portfolio New York, NY 57,30057.3k $589.9k $589.9k 0.10% Reduced -15.0k -15,000
54 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 45,31245.3k $466.5k $466.5k 0.01% Reduced -305.7k -305,736
55 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 37,33937.3k $384.4k $384.4k 0.00% Unchanged
56 Marex Group Ltd 0.00% of their portfolio London, X0 30,00030.0k $308.7k $308.7k 0.00% New
57 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 25,00025.0k $257.2k $257.2k 0.00% Unchanged
58 Ghisallo Capital Management LLC 0.01% of their portfolio BOSTON, MA 25,00025.0k $257.2k $257.2k 0.01% Unchanged
59 READYSTATE ASSET MANAGEMENT LP 0.01% of their portfolio CHICAGO, IL 25,00025.0k $257.2k $257.2k 0.01% New
60 PenderFund Capital Management Ltd. 0.04% of their portfolio VANCOUVER, A1 22,70022.7k $233.6k $233.6k 0.04% New
61 PRELUDE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 15,07615.1k $155.2k $155.2k 0.01% New
62 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 10,31910.3k $106.2k $106.2k 0.00% Unchanged
63 Evercore Wealth Management, LLC 0.00% of their portfolio New York, NY 10,10010.1k $104.0k $104.0k 0.00% New
64 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3,7503.8k $38.6k $38.6k 0.00% New
65 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $10.3k $10.3k 0.00% New
66 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 100100 $1.0k $1.0k 0.00% New
67 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 8080 $824 $824 0.00% Added +18 +18