Vault-13

CROWN RESV ACQUISITION CORP CRAC

ORD SHS CL A · Common Stock · CUSIP G2574F119

37 institutional holders -1 vs Q1 2026
16,815,01216.8m shares reported held*
$169.9mreported value*
4 new 6 added 11 reduced 5 sold out net bought ≈ $15.9m (+1.6m 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 ≈ $10.10.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q4 25: 30Q1 26: 38Q2 26: 3737Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q4 202530
Q1 202638
Q2 202637

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q1 26: 17 bought or addedQ1 26: 11 cut or sold outQ1 26Q2 26: 10 bought or addedQ2 26: 16 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 20261711
Q2 20261016

Biggest buyers

MIZUHO SECURITIES USA LLC Added +1,190,077+1.2m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Added +1,136,791+1.1m
BERKLEY W R CORP Added +765,710+765.7k
GABELLI & Co INVESTMENT ADVISERS, INC. New +153,000+153.0k
GABELLI FUNDS LLC New +139,200+139.2k
Polar Asset Management Partners Inc. Added +50,000+50.0k
Crossingbridge Advisors, LLC Added +20,000+20.0k
JPMORGAN CHASE & CO New +8,501+8.5k
AQR Arbitrage LLC Added +2,592+2.6k
UBS Group AG New +1,600+1.6k

Biggest sellers

TORONTO DOMINION BANK Reduced -619,672-619.7k
HGC Investment Management Inc. Sold out -375,000-375.0k
Shaolin Capital Management LLC Reduced -343,070-343.1k
Parallax Volatility Advisers, L.P. Sold out -239,393-239.4k
TWO SIGMA INVESTMENTS, LP Reduced -85,964-86.0k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Sold out -61,400-61.4k
Hudson Bay Capital Management LP Reduced -50,000-50.0k
Karpus Management, Inc. Reduced -26,025-26.0k
Clear Street Group Inc. Reduced -25,132-25.1k
Schonfeld Strategic Advisors LLC Sold out -23,397-23.4k

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
HIGHBRIDGE CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-14 9.1% new 1.6m≈ $16.6m 2026-08-14
Magnetar Financial LLC 13G · institution new · filed 2026-02-17 8.6% new 1.5m≈ $15.0m 2026-02-17
BERKLEY W R CORP 13G · institution new · filed 2026-08-05 6.7% new 1.2m≈ $12.3m 2026-08-05
MIZUHO FINANCIAL GROUP INC 13G · institution new · filed 2026-08-13 6.6% new 1.2m≈ $12.0m 2026-08-13
BARCLAYS PLC 13G · institution new · filed 2026-02-11 6.5% new 1.1m≈ $11.4m 2026-02-11
Westchester Capital Management, LLC 13G · institution new · filed 2026-05-15 5.1% new 878.4k≈ $8.9m 2026-05-15

Fell to 5% or below in the last year: Harraden Circle Investments, LLC (—, 2026-02-13)

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 MIZUHO SECURITIES USA LLC 0.19% of their portfolio NEW YORK, NY 1,974,2962.0m $19.8m $19.8m 0.19% Added +1.2m +1,190,077
2 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.56% of their portfolio NEW YORK, NY 1,637,5921.6m $16.6m $16.6m 0.56% Added +1.1m +1,136,791
3 Polar Asset Management Partners Inc. 0.28% of their portfolio TORONTO, A6 1,540,0001.5m $15.6m $15.6m 0.28% Added +50.0k +50,000
4 Magnetar Financial LLC 0.14% of their portfolio EVANSTON, IL 1,485,0001.5m $15.0m $15.0m 0.14% Unchanged
5 BERKLEY W R CORP 0.60% of their portfolio Greenwich, CT 1,217,4331.2m $12.3m $12.3m 0.60% Added +765.7k +765,710
6 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 853,875853.9k $8.6m $8.6m 0.01% Unchanged
7 Crossingbridge Advisors, LLC 1.51% of their portfolio PLEASANTVILLE, NY 845,900845.9k $8.6m $8.6m 1.51% Added +20.0k +20,000
8 Karpus Management, Inc. 0.23% of their portfolio Pittsford, NY 781,300781.3k $7.9m $7.9m 0.23% Reduced -26.0k -26,025
9 WOLVERINE ASSET MANAGEMENT LLC 0.09% of their portfolio CHICAGO, IL 658,279658.3k $6.7m $6.7m 0.09% Reduced -34 -34
10 Westchester Capital Management, LLC 0.32% of their portfolio VALHALLA, NY 635,872635.9k $6.4m $6.4m 0.32% Unchanged
11 Context Capital Management, LLC 0.10% of their portfolio LAJOLLA, CA 500,000500.0k $5.1m $5.1m 0.10% Unchanged
12 Lineage Point Capital LP 0.91% of their portfolio PALM BEACH, FL 440,380440.4k $4.5m $4.5m 0.91% Unchanged
13 GLAZER CAPITAL, LLC 0.09% of their portfolio New York, NY 369,929369.9k $3.7m $3.7m 0.09% Reduced -22.4k -22,369
14 Shaolin Capital Management LLC 0.20% of their portfolio Miami, FL 357,130357.1k $3.6m $3.6m 0.20% Reduced -343.1k -343,070
15 Radcliffe Capital Management, L.P. 0.27% of their portfolio BALA CYNWYD, PA 350,000350.0k $3.5m $3.5m 0.27% Unchanged
16 AQR Arbitrage LLC 0.04% of their portfolio Greenwich, CT 304,012304.0k $3.1m $3.1m 0.04% Added +2.6k +2,592
17 ARISTEIA CAPITAL, L.L.C. 0.05% of their portfolio GREENWICH, CT 300,000300.0k $3.0m $3.0m 0.05% Unchanged
18 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.13% of their portfolio WEST PALM BEACH, FL 261,602261.6k $2.7m $2.7m 0.13% Unchanged
19 Logan Stone Capital, LLC 0.55% of their portfolio CHICAGO, IL 258,667258.7k $2.6m $2.6m 0.55% Unchanged
20 Linden Advisors LP 0.01% of their portfolio New York, NY 250,000250.0k $2.5m $2.5m 0.01% Unchanged
21 HEIGHTS CAPITAL MANAGEMENT, INC 0.47% of their portfolio SAN FRANCISCO, CA 200,000200.0k $2.0m $2.0m 0.47% Unchanged
22 SONA ASSET MANAGEMENT (US) LLC 0.08% of their portfolio NEW YORK, NY 200,000200.0k $2.0m $2.0m 0.08% Unchanged
23 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 199,550199.6k $2.0m $2.0m 0.00% Unchanged
24 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 185,911185.9k $1.9m $1.9m 0.00% Reduced -86.0k -85,964
25 Clear Street Group Inc. 0.01% of their portfolio NEW YORK, NY 169,579169.6k $1.7m $1.7m 0.01% Reduced -25.1k -25,132
26 GABELLI & Co INVESTMENT ADVISERS, INC. 0.22% of their portfolio Rye, NY 153,000153.0k $1.5m $1.5m 0.22% New
27 Periscope Capital Inc. 0.24% of their portfolio Toronto, A6 150,000150.0k $1.5m $1.5m 0.24% Unchanged
28 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 139,200139.2k $1.4m $1.4m 0.01% New
29 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 103,098103.1k $1.0m $1.0m 0.00% Reduced -619.7k -619,672
30 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 100,000100.0k $1.0m $1.0m 0.00% Reduced -50.0k -50,000
31 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 53,70353.7k $542.9k $542.9k 0.00% Unchanged
32 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 50,64750.6k $512.0k $512.0k 0.00% Reduced -9.9k -9,902
33 Warberg Asset Management LLC 0.14% of their portfolio WINNETKA, IL 47,10647.1k $476.2k $476.2k 0.14% Reduced -4 -4
34 Dakota Wealth Management 0.01% of their portfolio PALM BEACH GARDENS, FL 31,80031.8k $321.5k $321.5k 0.01% Unchanged
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,5018.5k $85.9k $85.9k 0.00% New
36 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,6001.6k $16.2k $16.2k 0.00% New
37 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5050 $506 $506 0.00% Reduced -16 -16