Vault-13

D. BORAL ARC ACQ I CORP.

SHS CL A · CUSIP G2616F101

57 institutional holders -5 vs Q1 2026
21,184,31121.2m shares reported held*
$220.8mreported value*
13 new 8 added 24 reduced 17 sold out net sold ≈ $53.8m (-5.2m 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 ≈ $10.42.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 25: 42Q4 25: 53Q1 26: 62Q2 26: 5757Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202542
Q4 202553
Q1 202662
Q2 202657

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 25: 23 bought or addedQ4 25: 15 cut or sold outQ4 25Q1 26: 29 bought or addedQ1 26: 36 cut or sold outQ1 26Q2 26: 21 bought or addedQ2 26: 41 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 20252315
Q1 20262936
Q2 20262141

Biggest buyers

CANTOR FITZGERALD, L. P. Added +789,949+789.9k
SONA ASSET MANAGEMENT (US) LLC New +750,000+750.0k
Harraden Circle Investments, LLC Added +510,137+510.1k
Fort Baker Capital Management LP New +397,650+397.6k
FNY Investment Advisers, LLC Added +198,218+198.2k
Alpha Wave Global, LP New +197,763+197.8k
Qube Research & Technologies Ltd Added +178,979+179.0k
MOORE CAPITAL MANAGEMENT, LP Added +150,000+150.0k
Shay Capital LLC Added +147,910+147.9k
Gladstone Institutional Advisory LLC New +103,995+104.0k

Biggest sellers

Meteora Capital, LLC Reduced -1,025,685-1.0m
GLAZER CAPITAL, LLC Reduced -975,215-975.2k
RLH Capital LLC Reduced -958,220-958.2k
TWO SIGMA INVESTMENTS, LP Sold out -885,577-885.6k
Quarry LP Reduced -694,292-694.3k
Sculptor Capital LP Sold out -500,000-500.0k
ARISTEIA CAPITAL, L.L.C. Reduced -499,674-499.7k
AQR Arbitrage LLC Reduced -406,358-406.4k
Westchester Capital Management, LLC Reduced -287,190-287.2k
Shaolin Capital Management LLC Reduced -257,071-257.1k

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
MFH 1, LLC 13G · exempt (held before listing) new · filed 2025-09-09 29.6% new 12.2m≈ $127.2m 2025-09-09
Harraden Circle Investments, LLC 13G · institution +1.8 pts · filed 2026-08-14 9.1% +1.8 pts 2.6m≈ $27.6m 2026-08-14
Sculptor Capital LP 13G · passive investor new · filed 2026-02-20 5.7% new 1.8m≈ $18.3m 2026-02-20
Linden Capital L.P. 13G · passive investor new · filed 2026-01-26 5.5% new 1.6m≈ $16.7m 2026-01-26
MERUS GLOBAL INVESTMENTS, LLC 13G · passive investor new · filed 2026-06-10 5.1% new 1.5m≈ $15.2m 2026-06-10

Fell to 5% or below in the last year: GOLDMAN SACHS GROUP INC (4.4%, 2026-08-11), Polar Asset Management Partners Inc. (1.7%, 2026-05-15), METEORA CAPITAL, LLC (4.8%, 2026-05-15), GLAZER CAPITAL, LLC (3.4%, 2026-05-14), ARISTEIA CAPITAL, L.L.C. (3.2%, 2026-05-14), BARCLAYS PLC (0.0%, 2026-02-11)

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Harraden Circle Investments, LLC 3.52% of their portfolio NEW YORK, NY 2,643,9912.6m $27.6m $27.6m 3.52% Added +510.1k +510,137
2 Linden Advisors LP 0.08% of their portfolio New York, NY 1,558,7291.6m $16.3m $16.3m 0.08% Reduced -41.3k -41,271
3 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.52% of their portfolio NEW YORK, NY 1,471,1321.5m $15.3m $15.3m 0.52% Reduced -54.0k -53,968
4 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,385,9501.4m $14.5m $14.5m 0.01% Unchanged
5 TENOR CAPITAL MANAGEMENT Co., L.P. 0.15% of their portfolio NEW YORK, NY 1,000,0001.0m $10.4m $10.4m 0.15% Unchanged
6 LMR Partners LLP 0.07% of their portfolio LONDON, X0 900,000900.0k $9.4m $9.4m 0.07% Unchanged
7 RLH Capital LLC 4.44% of their portfolio Great Neck, NY 888,263888.3k $9.3m $9.3m 4.44% Reduced -958.2k -958,220
8 CANTOR FITZGERALD, L. P. 0.09% of their portfolio NEW YORK, NY 842,390842.4k $8.8m $8.8m 0.09% Added +789.9k +789,949
9 Shay Capital LLC 0.95% of their portfolio NEW YORK, NY 823,786823.8k $8.6m $8.6m 0.95% Added +147.9k +147,910
10 SONA ASSET MANAGEMENT (US) LLC 0.29% of their portfolio NEW YORK, NY 750,000750.0k $7.8m $7.8m 0.29% New
11 WHITEBOX ADVISORS LLC 0.11% of their portfolio MINNEAPOLIS, MN 650,000650.0k $6.8m $6.8m 0.11% Unchanged
12 Quarry LP 1.01% of their portfolio NEW YORK, NY 612,615612.6k $6.4m $6.4m 1.01% Reduced -694.3k -694,292
13 OMERS ADMINISTRATION Corp 0.03% of their portfolio TORONTO, A6 500,000500.0k $5.2m $5.2m 0.03% Unchanged
14 Polar Asset Management Partners Inc. 0.09% of their portfolio TORONTO, A6 488,064488.1k $5.1m $5.1m 0.09% Unchanged
15 Magnetar Financial LLC 0.05% of their portfolio EVANSTON, IL 475,000475.0k $5.0m $5.0m 0.05% Unchanged
16 ARISTEIA CAPITAL, L.L.C. 0.07% of their portfolio GREENWICH, CT 440,711440.7k $4.6m $4.6m 0.07% Reduced -499.7k -499,674
17 DLD Asset Management, LP 0.36% of their portfolio NEW YORK, NY 424,828424.8k $4.4m $4.4m 0.36% Added +24.8k +24,828
18 MIZUHO SECURITIES USA LLC 0.04% of their portfolio NEW YORK, NY 400,505400.5k $4.0m $4.0m 0.04% Unchanged
19 Fort Baker Capital Management LP 0.33% of their portfolio Larkspur, CA 397,650397.6k $4.1m $4.1m 0.33% New
20 AQR Arbitrage LLC 0.06% of their portfolio Greenwich, CT 391,817391.8k $4.1m $4.1m 0.06% Reduced -406.4k -406,358
21 Meteora Capital, LLC 0.33% of their portfolio Boca Raton, FL 385,793385.8k $4.0m $4.0m 0.33% Reduced -1.0m -1,025,685
22 First Trust Capital Management L.P. 0.22% of their portfolio CHICAGO, IL 358,733358.7k $3.7m $3.7m 0.22% Reduced -115.1k -115,130
23 Governors Lane LP 0.35% of their portfolio NEW YORK, NY 335,069335.1k $3.5m $3.5m 0.35% Reduced -64.9k -64,931
24 FNY Investment Advisers, LLC 1.09% of their portfolio NEW YORK, NY 288,889288.9k $3.0m $3.0m 1.09% Added +198.2k +198,218
25 MOORE CAPITAL MANAGEMENT, LP 0.06% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.06% Added +150.0k +150,000
26 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 226,969227.0k $2.4m $2.4m 0.00% Added +179.0k +178,979
27 Context Capital Management, LLC 0.04% of their portfolio LAJOLLA, CA 205,099205.1k $2.1m $2.1m 0.04% Reduced -150.0k -150,000
28 Alpha Wave Global, LP 0.03% of their portfolio Miami, FL 197,763197.8k $2.1m $2.1m 0.03% New
29 Radcliffe Capital Management, L.P. 0.15% of their portfolio BALA CYNWYD, PA 190,004190.0k $2.0m $2.0m 0.15% Reduced -250.5k -250,466
30 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 180,721180.7k $1.9m $1.9m 0.00% Reduced -111.4k -111,355
31 Jain Global LLC 0.02% of their portfolio NEW YORK, NY 140,000140.0k $1.5m $1.5m 0.02% Unchanged
32 Creek Drive Management Group LLC 0.75% of their portfolio SAN FRANCISCO, CA 116,000116.0k $1.2m $1.2m 0.75% Reduced -84.0k -84,000
33 Gladstone Institutional Advisory LLC 0.03% of their portfolio Bedminster, NJ 103,995104.0k $1.1m $1.1m 0.03% New
34 ELEMENT CAPITAL MANAGEMENT LLC 0.06% of their portfolio New York, NY 100,000100.0k $1.0m $1.0m 0.06% New
35 Galaxy Digital Inc. 0.17% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.17% New
36 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.00% Reduced -162.6k -162,624
37 Westchester Capital Management, LLC 0.05% of their portfolio VALHALLA, NY 99,17899.2k $1.0m $1.0m 0.05% Reduced -287.2k -287,190
38 UBS Group AG 0.00% of their portfolio ZURICH, V8 85,00085.0k $886.5k $886.5k 0.00% Added +84.4k +84,426
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 76,90676.9k $802.1k $802.1k 0.00% Reduced -23.1k -23,094
40 PEAK6 LLC 0.02% of their portfolio AUSTIN, TX 71,49871.5k $745.7k $745.7k 0.02% New
41 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 63,42663.4k $661.0k $661.0k 0.00% Reduced -19.1k -19,069
42 Rangeley Capital, LLC 0.59% of their portfolio NEW CANAAN, CT 61,15061.1k $637.8k $637.8k 0.59% New
43 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 51,13751.1k $533.4k $533.4k 0.00% New
44 Periscope Capital Inc. 0.08% of their portfolio Toronto, A6 50,00050.0k $521.5k $521.5k 0.08% Reduced -100.0k -100,000
45 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 45,95646.0k $479.3k $479.3k 0.00% Reduced -54.7k -54,695
46 Shaolin Capital Management LLC 0.03% of their portfolio Miami, FL 42,92942.9k $447.7k $447.7k 0.03% Reduced -257.1k -257,071
47 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 39,17839.2k $408.6k $408.6k 0.00% Unchanged
48 Jacksonville Wealth Management, LLC 0.16% of their portfolio JACKSONVILLE, FL 27,50027.5k $286.8k $286.8k 0.16% New
49 LEVIN CAPITAL STRATEGIES, L.P. 0.02% of their portfolio NEW YORK, NY 26,55526.6k $277.0k $277.0k 0.02% New
50 PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 25,00025.0k $260.8k $260.8k 0.02% New
51 Stoic Point Capital Management LLC 0.22% of their portfolio PALO ALTO, CA 24,80024.8k $258.7k $258.7k 0.22% Unchanged
52 PenderFund Capital Management Ltd. 0.03% of their portfolio VANCOUVER, A1 21,40021.4k $223.2k $223.2k 0.03% Reduced -8.0k -8,000
53 GLAZER CAPITAL, LLC 0.01% of their portfolio New York, NY 20,00020.0k $209.0k $209.0k 0.01% Reduced -975.2k -975,215
54 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 15,00015.0k $156.4k $156.4k 0.00% Reduced -190.2k -190,165
55 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 12,22812.2k $127.5k $127.5k 0.00% New
56 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.00% of their portfolio BOSTON, MA 966966 $10.1k $10.1k 0.00% Unchanged
57 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3838 $396 $396 0.00% Reduced -25 -25