Vault-13

CHURCHILL CAP CORP XI CCXI

CL A ORD SHS · Common Stock · CUSIP G2131A108

48 institutional holders
27,055,61327.1m shares reported held*
$274.9mreported value*

* 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.

Biggest buyers

Magnetar Financial LLC New +2,700,000+2.7m
ADAGE CAPITAL PARTNERS GP, L.L.C. New +2,700,000+2.7m
Fort Baker Capital Management LP New +2,519,848+2.5m
Sculptor Capital LP New +2,000,000+2.0m
Polar Asset Management Partners Inc. New +2,000,000+2.0m
Alberta Investment Management Corp New +1,500,000+1.5m
D. E. Shaw & Co., Inc. New +1,297,180+1.3m
Linden Advisors LP New +1,000,000+1.0m
MOORE CAPITAL MANAGEMENT, LP New +1,000,000+1.0m
ExodusPoint Capital Management, LP New +1,000,000+1.0m

Biggest sellers

None

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
CHURCHILL SPONSOR XI LLC 13D · may seek influence new · filed 2025-12-29
Stated purposeIn connection with the organization of the Issuer, on June 4, 2025, 8,625,000 Class B Ordinary Shares (the "Founder Shares") were purchased by the Sponsor for the amount of $25,000, pursuant to a Securities Subscription Agreement, dated as of June 4, 2025, by and between the Sponsor and the Issuer (the "Founder Share Purchase Agreement"), as more fully described in Item 6 of this Schedule 13D which information is incorporated herein by reference. In November 2025 and December 2025, the Issuer effected share capitalizations, resulting in the Sponsor holding an aggregate of 13,800,000 Founder Shares. On December 18, 2025, simultaneously with the consummation of the Issuer's Initial Public Offering (the "IPO"), the Sponsor purchased 500,000 units ("Placement Units") of the Issuer at $10.00 pe… Full filing
 25.7% new 14.3m≈ $249.5m 2025-12-29
Empyrean Capital Partners, LP 13G · institution new · filed 2026-08-14 7.5% new 3.1m≈ $55.0m 2026-08-14

Fell to 5% or below in the last year: MMCAP International Inc. SPC (2.3%, 2026-08-14), Fort Baker Capital Management LP (4.8%, 2026-08-14), Magnetar Financial LLC (4.6%, 2026-08-13), Adage Capital Management, L.P. (1.9%, 2026-08-12), MILLENNIUM MANAGEMENT LLC (3.6%, 2026-07-31)

Insider purchases and sales in Q1 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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 1 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20251$5.0m0——
Q1 20260—0——

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio Boston, MA 2,700,0002.7m $27.4m $27.4m 0.04% New
2 Magnetar Financial LLC 0.28% of their portfolio EVANSTON, IL 2,700,0002.7m $27.4m $27.4m 0.28% New
3 Fort Baker Capital Management LP 2.27% of their portfolio Larkspur, CA 2,519,8482.5m $25.6m $25.6m 2.27% New
4 Sculptor Capital LP 0.23% of their portfolio New York, NY 2,000,0002.0m $20.3m $20.3m 0.23% New
5 Polar Asset Management Partners Inc. 0.48% of their portfolio TORONTO, A6 2,000,0002.0m $20.3m $20.3m 0.48% New
6 Alberta Investment Management Corp 0.09% of their portfolio EDMONTON, A0 1,500,0001.5m $15.3m $15.3m 0.09% New
7 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,297,1801.3m $13.2m $13.2m 0.01% New
8 Linden Advisors LP 0.06% of their portfolio New York, NY 1,000,0001.0m $10.2m $10.2m 0.06% New
9 MOORE CAPITAL MANAGEMENT, LP 0.37% of their portfolio NEW YORK, NY 1,000,0001.0m $10.2m $10.2m 0.37% New
10 ExodusPoint Capital Management, LP 0.10% of their portfolio NEW YORK, NY 1,000,0001.0m $10.2m $10.2m 0.10% New
11 TENOR CAPITAL MANAGEMENT Co., L.P. 0.12% of their portfolio NEW YORK, NY 750,000750.0k $7.6m $7.6m 0.12% New
12 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 750,000750.0k $7.6m $7.6m 0.01% New
13 PICTON MAHONEY ASSET MANAGEMENT 0.08% of their portfolio Toronto, A6 750,000750.0k $7.6m $7.6m 0.08% New
14 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 652,500652.5k $6.6m $6.6m 0.01% New
15 Hudson Bay Capital Management LP 0.04% of their portfolio STAMFORD, CT 650,000650.0k $6.6m $6.6m 0.04% New
16 Verition Fund Management LLC 0.06% of their portfolio GREENWICH, CT 611,375611.4k $6.2m $6.2m 0.06% New
17 Shaolin Capital Management LLC 0.22% of their portfolio Miami, FL 514,037514.0k $5.2m $5.2m 0.22% New
18 ARISTEIA CAPITAL, L.L.C. 0.12% of their portfolio GREENWICH, CT 500,000500.0k $5.1m $5.1m 0.12% New
19 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio HARRISBURG, PA 500,000500.0k $5.1m $5.1m 0.03% New
20 HEIGHTS CAPITAL MANAGEMENT, INC 1.28% of their portfolio SAN FRANCISCO, CA 448,176448.2k $4.6m $4.6m 1.28% New
21 Periscope Capital Inc. 0.75% of their portfolio Toronto, A6 425,000425.0k $4.3m $4.3m 0.75% New
22 AQR Arbitrage LLC 0.05% of their portfolio Greenwich, CT 309,030309.0k $3.1m $3.1m 0.05% New
23 HBK INVESTMENTS L P 0.04% of their portfolio DALLAS, TX 300,000300.0k $3.0m $3.0m 0.04% New
24 Governors Lane LP 0.38% of their portfolio NEW YORK, NY 300,000300.0k $3.0m $3.0m 0.38% New
25 Clear Street Group Inc. 0.01% of their portfolio NEW YORK, NY 207,518207.5k $2.1m $2.1m 0.01% New
26 Lighthouse Investment Partners, LLC 0.08% of their portfolio Palm Beach Gardens, FL 200,000200.0k $2.0m $2.0m 0.08% New
27 SONA ASSET MANAGEMENT (US) LLC 0.08% of their portfolio NEW YORK, NY 200,000200.0k $2.0m $2.0m 0.08% New
28 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 193,500193.5k $2.0m $2.0m 0.00% New
29 GLAZER CAPITAL, LLC 0.04% of their portfolio New York, NY 192,432192.4k $2.0m $2.0m 0.04% New
30 BERKLEY W R CORP 0.09% of their portfolio Greenwich, CT 168,240168.2k $1.7m $1.7m 0.09% New
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.00% New
32 WHITEBOX ADVISORS LLC 0.01% of their portfolio MINNEAPOLIS, MN 100,000100.0k $1.0m $1.0m 0.01% New
33 Boussard & Gavaudan Investment Management LLP 0.10% of their portfolio London, X0 100,000100.0k $1.0m $1.0m 0.10% New
34 Ilex Capital Partners (UK) LLP 0.03% of their portfolio London, X0 100,000100.0k $1.0m $1.0m 0.03% New
35 DLD Asset Management, LP 0.08% of their portfolio NEW YORK, NY 78,80478.8k $800.6k $800.6k 0.08% New
36 DELTEC ASSET MANAGEMENT LLC 0.09% of their portfolio New York, NY 50,00050.0k $508.0k $508.0k 0.09% New
37 Centiva Capital, LP 0.01% of their portfolio New York, NY 28,30028.3k $287.8k $287.8k 0.01% New
38 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 25,00025.0k $254.0k $254.0k 0.00% New
39 Radcliffe Capital Management, L.P. 0.02% of their portfolio BALA CYNWYD, PA 23,40023.4k $237.7k $237.7k 0.02% New
40 Mint Tower Capital Management B.V. 0.02% of their portfolio AMSTERDAM, P7 22,50022.5k $229.0k $229.0k 0.02% New
41 Verbena Value LP 0.04% of their portfolio WESTPORT, CT 22,50022.5k $230.6k $230.6k 0.04% New
42 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 20,00020.0k $203.2k $203.2k 0.00% New
43 ABC ARBITRAGE SA 0.03% of their portfolio PARIS, I0 20,00020.0k $203.2k $203.2k 0.03% New
44 Meteora Capital, LLC 0.01% of their portfolio Boca Raton, FL 18,97619.0k $192.8k $192.8k 0.01% New
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,7773.8k $38.4k $38.4k 0.00% New
46 PenderFund Capital Management Ltd. 0.00% of their portfolio VANCOUVER, A1 2,5002.5k $25.4k $25.4k 0.00% New
47 Mercuria Capital Strategies, LLC 0.00% of their portfolio HOUSTON, TX 1,0001.0k $10.2k $10.2k 0.00% New
48 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2020 $203 $203 0.00% New