Vault-13

CHENGHE ACQUISITION III CO CHEC

ORD SHS CL A · Common Stock · CUSIP G2086N105

46 institutional holders -2 vs Q1 2026
11,347,64311.3m shares reported held*
$115.3mreported value*
1 new 8 added 6 reduced 3 sold out net bought ≈ $3.2m (+315.7k 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 ≈ $10.16.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q4 25: 39Q1 26: 48Q2 26: 4646Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q4 202539
Q1 202648
Q2 202646

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q1 26: 16 bought or addedQ1 26: 10 cut or sold outQ1 26Q2 26: 9 bought or addedQ2 26: 9 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 20261610
Q2 202699

Biggest buyers

HIGHBRIDGE CAPITAL MANAGEMENT LLC New +390,559+390.6k
Westchester Capital Management, LLC Added +275,000+275.0k
BERKLEY W R CORP Added +73,239+73.2k
WOLVERINE ASSET MANAGEMENT LLC Added +26,036+26.0k
PenderFund Capital Management Ltd. Added +23,357+23.4k
AQR Arbitrage LLC Added +6,344+6.3k
D. E. Shaw & Co., Inc. Added +915+915
Logan Stone Capital, LLC Added +821+821
Polar Asset Management Partners Inc. Added +100+100

Biggest sellers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -350,000-350.0k
TORONTO DOMINION BANK Sold out -45,100-45.1k
Schonfeld Strategic Advisors LLC Reduced -35,548-35.5k
Virtu Financial LLC Reduced -15,947-15.9k
Karpus Management, Inc. Reduced -12,000-12.0k
Parallax Volatility Advisers, L.P. Sold out -10,896-10.9k
ROYAL BANK OF CANADA Reduced -10,511-10.5k
Clear Street Group Inc. Reduced -660-660
MORGAN STANLEY Reduced -11-11

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
PICTON MAHONEY ASSET MANAGEMENT 13G · institution new · filed 2025-12-09 7.7% new 1.0m≈ $10.2m 2025-12-09
Karpus Management, Inc. 13G · institution new · filed 2026-05-14 6.9% new 1.2m≈ $12.1m 2026-05-14

Fell to 5% or below in the last year: AQR CAPITAL MANAGEMENT LLC (4.0%, 2026-02-11)

Insider purchases and sales since 1 Apr 2026

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 since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Karpus Management, Inc. 0.34% of their portfolio Pittsford, NY 1,176,5501.2m $11.9m $11.9m 0.34% Reduced -12.0k -12,000
2 PICTON MAHONEY ASSET MANAGEMENT 0.09% of their portfolio Toronto, A6 1,000,0001.0m $10.2m $10.2m 0.09% Unchanged
3 Hudson Bay Capital Management LP 0.03% of their portfolio STAMFORD, CT 650,000650.0k $6.6m $6.6m 0.03% Unchanged
4 BERKLEY W R CORP 0.32% of their portfolio Greenwich, CT 643,849643.8k $6.5m $6.5m 0.32% Added +73.2k +73,239
5 AQR Arbitrage LLC 0.07% of their portfolio Greenwich, CT 512,011512.0k $5.2m $5.2m 0.07% Added +6.3k +6,344
6 Linden Advisors LP 0.03% of their portfolio New York, NY 500,000500.0k $5.1m $5.1m 0.03% Unchanged
7 TENOR CAPITAL MANAGEMENT Co., L.P. 0.07% of their portfolio NEW YORK, NY 500,000500.0k $5.1m $5.1m 0.07% Unchanged
8 Alberta Investment Management Corp 0.03% of their portfolio EDMONTON, A0 500,000500.0k $5.1m $5.1m 0.03% Unchanged
9 MOORE CAPITAL MANAGEMENT, LP 0.09% of their portfolio NEW YORK, NY 400,000400.0k $4.1m $4.1m 0.09% Unchanged
10 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 398,750398.8k $4.0m $4.0m 0.00% Unchanged
11 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.19% of their portfolio WEST PALM BEACH, FL 394,000394.0k $4.0m $4.0m 0.19% Unchanged
12 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.14% of their portfolio NEW YORK, NY 390,559390.6k $4.0m $4.0m 0.14% New
13 ARISTEIA CAPITAL, L.L.C. 0.06% of their portfolio GREENWICH, CT 387,428387.4k $3.9m $3.9m 0.06% Unchanged
14 Radcliffe Capital Management, L.P. 0.23% of their portfolio BALA CYNWYD, PA 300,000300.0k $3.0m $3.0m 0.23% Unchanged
15 Westchester Capital Management, LLC 0.14% of their portfolio VALHALLA, NY 277,000277.0k $2.8m $2.8m 0.14% Added +275.0k +275,000
16 WHITEBOX ADVISORS LLC 0.05% of their portfolio MINNEAPOLIS, MN 275,000275.0k $2.8m $2.8m 0.05% Unchanged
17 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 240,000240.0k $2.4m $2.4m 0.00% Unchanged
18 WOLVERINE ASSET MANAGEMENT LLC 0.03% of their portfolio CHICAGO, IL 236,437236.4k $2.4m $2.4m 0.03% Added +26.0k +26,036
19 SONA ASSET MANAGEMENT (US) LLC 0.09% of their portfolio NEW YORK, NY 236,300236.3k $2.4m $2.4m 0.09% Unchanged
20 Ghisallo Capital Management LLC 0.04% of their portfolio BOSTON, MA 225,000225.0k $2.3m $2.3m 0.04% Unchanged
21 Periscope Capital Inc. 0.35% of their portfolio Toronto, A6 214,000214.0k $2.2m $2.2m 0.35% Unchanged
22 Polar Asset Management Partners Inc. 0.04% of their portfolio TORONTO, A6 200,100200.1k $2.0m $2.0m 0.04% Added +100 +100
23 Magnetar Financial LLC 0.02% of their portfolio EVANSTON, IL 200,000200.0k $2.0m $2.0m 0.02% Unchanged
24 683 Capital Management, LLC 0.19% of their portfolio NEW YORK, NY 200,000200.0k $2.0m $2.0m 0.19% Unchanged
25 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 198,250198.2k $2.0m $2.0m 0.00% Unchanged
26 MMCAP International Inc. SPC 0.13% of their portfolio GRAND CAYMAN, E9 150,000150.0k $1.5m $1.5m 0.13% Unchanged
27 Mint Tower Capital Management B.V. 0.18% of their portfolio AMSTERDAM, P7 150,000150.0k $1.5m $1.5m 0.18% Unchanged
28 Context Capital Management, LLC 0.03% of their portfolio LAJOLLA, CA 136,151136.2k $1.4m $1.4m 0.03% Unchanged
29 O'Connor Alternative Investments LLC 0.09% of their portfolio NEW YORK, NY 125,000125.0k $1.3m $1.3m 0.09% Unchanged
30 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 105,926105.9k $1.1m $1.1m 0.00% Reduced -660 -660
31 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 86,91586.9k $883.1k $883.1k 0.00% Added +915 +915
32 L1 Global Manager Pty Ltd 0.41% of their portfolio Melbourne, C3 50,00050.0k $507.5k $507.5k 0.41% Unchanged
33 HEIGHTS CAPITAL MANAGEMENT, INC 0.09% of their portfolio SAN FRANCISCO, CA 40,00040.0k $406.4k $406.4k 0.09% Unchanged
34 Centiva Capital, LP 0.01% of their portfolio New York, NY 40,00040.0k $406.4k $406.4k 0.01% Unchanged
35 Crossingbridge Advisors, LLC 0.06% of their portfolio PLEASANTVILLE, NY 35,00035.0k $355.2k $355.2k 0.06% Unchanged
36 PenderFund Capital Management Ltd. 0.04% of their portfolio VANCOUVER, A1 33,35733.4k $338.9k $338.9k 0.04% Added +23.4k +23,357
37 Logan Stone Capital, LLC 0.05% of their portfolio CHICAGO, IL 24,39524.4k $247.6k $247.6k 0.05% Added +821 +821
38 Dakota Wealth Management 0.00% of their portfolio PALM BEACH GARDENS, FL 20,00020.0k $203.0k $203.0k 0.00% Unchanged
39 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 19,52019.5k $198.3k $198.3k 0.00% Unchanged
40 GLAZER CAPITAL, LLC 0.00% of their portfolio New York, NY 16,28016.3k $165.0k $165.0k 0.00% Unchanged
41 Gladius Capital Management LP 0.06% of their portfolio PARK CITY, UT 15,00015.0k $152.2k $152.2k 0.06% Unchanged
42 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 14,99915.0k $152.2k $152.2k 0.00% Reduced -35.5k -35,548
43 MIZUHO SECURITIES USA LLC 0.00% of their portfolio NEW YORK, NY 13,56513.6k $135.7k $135.7k 0.00% Unchanged
44 Virtu Financial LLC 0.00% of their portfolio New York, NY 12,23612.2k $124.0k $124.0k 0.00% Reduced -15.9k -15,947
45 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,0034.0k $41.0k $41.0k 0.00% Reduced -10.5k -10,511
46 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6262 $629 $629 0.00% Reduced -11 -11