CORSAIR PARTNERING CORP
*W EXP 07/06/202 · CUSIP G2540H116
30
institutional holders
+1 vs Q1 2023
6.6m
shares reported held*
$314.8kreported value*
4 new
2 added
3 reduced
2 sold out
net sold ≈ $112 (-83.5k 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 ≈ $0.05. Options: 1 managers hold calls ($1.7m notional), 0 hold puts (—).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 27 |
| Q4 2022 | 27 |
| Q1 2023 | 29 |
| Q2 2023 | 30 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 3 | 3 |
| Q1 2023 | 8 | 4 |
| Q2 2023 | 6 | 5 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.7m | $0 | 0.00 |
| Q4 2022 | $1.8m | $0 | 0.00 |
| Q1 2023 | $1.8m | $0 | 0.00 |
| Q2 2023 | $1.7m | $0 | 0.00 |
Biggest buyers
| JPMORGAN CHASE & CO | New | +98.1k |
| Spartan Fund Management Inc. | New | +32.8k |
| CITADEL ADVISORS LLC | New | +31.3k |
| GRITSTONE ASSET MANAGEMENT LLC | Added | +30.6k |
| HRT FINANCIAL LP | New | +19.0k |
| Flow State Investments, L.P. | Added | +4.7k |
Biggest sellers
| Sage Rock Capital Management LP | Sold out | -120.0k |
| Balyasny Asset Management L.P. | Sold out | -33.3k |
| CVI Holdings, LLC | Reduced | -31.5k |
| Castle Creek Arbitrage, LLC | Reduced | -12.6k |
| CLEAR STREET LLC | Reduced | -4.4k |
Biggest calls
| MARSHALL WACE, LLP | Reduced | $1.7m165.0k 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.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Shaolin Capital Management LLC 0.00% of their portfolio | 1.1m $9.0k | Unchanged |
| SECURITY BENEFIT LIFE INSURANCE CO /KS/ 0.00% of their portfolio | 825.0k $6.6k | Unchanged |
| GRITSTONE ASSET MANAGEMENT LLC 0.01% of their portfolio | 605.6k $4.9k | Added +30.6k |
| Periscope Capital Inc. 0.00% of their portfolio | 492.6k $534 | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 429.2k $3.5k | Unchanged |
| Bleichroeder LP 0.00% of their portfolio | 416.7k $11.3k | Unchanged |
| Finepoint Capital LP 0.00% of their portfolio | 334.7k $0 | Unchanged |
| MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio | 333.3k $2.7k | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 333.3k $2.7k | Unchanged |
| RP Investment Advisors LP 0.12% of their portfolio | 313.6k $3.0k | Unchanged |
| Davidson Kempner Capital Management LP 0.00% of their portfolio | 266.7k $2.2k | Unchanged |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio | 233.3k $1.9k | Unchanged |
| Silver Rock Financial LP 0.00% of their portfolio | 203.1k $1.6k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 130.3k $1.1k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 114.0k $923 | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 98.1k $794 | New |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 65.1k $415 | Unchanged |
| Flow State Investments, L.P. 0.00% of their portfolio | 65.0k $527 | Added +4.7k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 58.3k $472 | Unchanged |
| CVI Holdings, LLC 0.00% of their portfolio | 51.0k $413 | Reduced -31.5k |
| DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 41.7k $338 | Unchanged |
| Spartan Fund Management Inc. 0.00% of their portfolio | 32.8k $36 | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 31.3k $253 | New |
| III Capital Management 0.00% of their portfolio | 27.2k $516 | Unchanged |
| Segantii Capital Management Ltd 0.02% of their portfolio | 25.0k $259.0k | Unchanged |
| HRT FINANCIAL LP 0.00% of their portfolio | 19.0k $0 | New |
| Laurion Capital Management LP 0.00% of their portfolio | 16.7k $135 | Unchanged |
| Castle Creek Arbitrage, LLC 0.00% of their portfolio | 14.1k $0 | Reduced -12.6k |
| CLEAR STREET LLC 0.00% of their portfolio | 300 $2 | Reduced -4.4k |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |