ANDRETTI ACQUISITION CORP II POLE
ORD SHS CL A · Common Stock · CUSIP G26745102
- SectorBlank check (SPAC)
- IndustryBlank Checks
- HeadquartersIndianapolis, IN
- FilingsSEC EDGAR
* 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 ≈ $10.46. Options: 1 managers hold calls ($2.2k notional), 0 hold puts (—).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2024 | 1 |
| Q4 2024 | 36 |
| Q1 2025 | 42 |
| Q2 2025 | 48 |
| Q3 2025 | 46 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2024 | 33 | 0 |
| Q1 2025 | 22 | 11 |
| Q2 2025 | 17 | 10 |
| Q3 2025 | 5 | 15 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $0 | $0 | — |
| Q1 2025 | $0 | $0 | — |
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $2.2k | $0 | 0.00 |
Biggest buyers
| Radcliffe Capital Management, L.P. | Added | +247.2k |
| Periscope Capital Inc. | Added | +227.8k |
| Jain Global LLC | Added | +166.7k |
| WOLVERINE ASSET MANAGEMENT LLC | Added | +29.4k |
| MORGAN STANLEY | Added | +15 |
Biggest sellers
| Sculptor Capital LP | Sold out | -296.2k |
| LMR Partners LLP | Reduced | -150.0k |
| Schonfeld Strategic Advisors LLC | Reduced | -150.0k |
| Karpus Management, Inc. | Reduced | -31.9k |
| MIZUHO SECURITIES USA LLC | Reduced | -15.8k |
| Quarry LP | Reduced | -15.0k |
| Sandia Investment Management LP | Reduced | -15.0k |
| Verition Fund Management LLC | Reduced | -11.3k |
| Bulldog Investors, LLP | Reduced | -6.0k |
| TORONTO DOMINION BANK | Reduced | -5.5k |
Biggest calls
| DLD Asset Management, LP | New | $2.2k11.1k 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.
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.
| Holder | Stake |
|---|---|
| Linden Capital L.P. 13G · passive investor new · filed 2026-09-14 | 7.3% |
| BARCLAYS PLC 13G · institution +2.0 pts · filed 2026-05-14 | 7.0% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution filed 2025-02-13 | 6.4% |
| LMR Partners LLP 13G · institution filed 2026-02-17 | 5.7% |
Fell to 5% or below in the last year: WOLVERINE ASSET MANAGEMENT LLC (0.1%, 2026-10-05), GOLDMAN SACHS GROUP INC (4.8%, 2026-05-07), BANK OF MONTREAL /CAN/ (0.0%, 2026-02-12)
Insider purchases and sales in Q3 2025
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 in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| Alberta Investment Management Corp 0.15% of their portfolio | 2.0m $20.7m | Unchanged |
| LMR Partners LLP 0.21% of their portfolio | 1.6m $16.2m | Reduced -150.0k |
| AQR Arbitrage LLC 0.37% of their portfolio | 1.4m $14.7m | Reduced -2.0k |
| Magnetar Financial LLC 0.09% of their portfolio | 1.4m $14.7m | Unchanged |
| Polar Asset Management Partners Inc. 0.27% of their portfolio | 1.2m $13.1m | Unchanged |
| Westchester Capital Management, LLC 0.63% of their portfolio | 1.2m $12.2m | Unchanged |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 1.1m $11.9m | Unchanged |
| First Trust Capital Management L.P. 0.76% of their portfolio | 1.1m $11.8m | Unchanged |
| PICTON MAHONEY ASSET MANAGEMENT 0.15% of their portfolio | 1.1m $11.5m | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.17% of their portfolio | 1.1m $11.4m | Added +29.4k |
| Calamos Advisors LLC 0.03% of their portfolio | 825.0k $8.6m | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.10% of their portfolio | 750.0k $7.8m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 673.3k $7.0m | Unchanged |
| MMCAP International Inc. SPC 0.71% of their portfolio | 580.0k $6.1m | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.31% of their portfolio | 525.3k $5.5m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 500.0k $5.2m | Unchanged |
| Governors Lane LP 0.72% of their portfolio | 500.0k $5.2m | Unchanged |
| Radcliffe Capital Management, L.P. 0.31% of their portfolio | 477.0k $5.0m | Added +247.2k |
| BERKLEY W R CORP 0.28% of their portfolio | 421.8k $4.4m | Unchanged |
| Wealthspring Capital LLC 0.93% of their portfolio | 375.2k $3.9m | Reduced -2.4k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio | 300.0k $3.1m | Unchanged |
| Linden Advisors LP 0.02% of their portfolio | 300.0k $3.1m | Unchanged |
| Periscope Capital Inc. 0.74% of their portfolio | 289.0k $3.0m | Added +227.8k |
| Bulldog Investors, LLP 0.63% of their portfolio | 260.7k $2.7m | Reduced -6.0k |
| Verition Fund Management LLC 0.02% of their portfolio | 257.1k $2.7m | Reduced -11.3k |
| GLAZER CAPITAL, LLC 0.09% of their portfolio | 255.1k $2.7m | Unchanged |
| MIZUHO SECURITIES USA LLC 0.05% of their portfolio | 250.1k $2.6m | Reduced -15.8k |
| Karpus Management, Inc. 0.08% of their portfolio | 243.9k $2.6m | Reduced -31.9k |
| GRITSTONE ASSET MANAGEMENT LLC 2.57% of their portfolio | 238.8k $2.5m | Reduced -2.9k |
| Jain Global LLC 0.03% of their portfolio | 225.8k $2.4m | Added +166.7k |
| WHITEBOX ADVISORS LLC 0.04% of their portfolio | 200.0k $2.1m | Unchanged |
| MOORE CAPITAL MANAGEMENT, LP 0.04% of their portfolio | 200.0k $2.1m | Unchanged |
| Hudson Bay Capital Management LP 0.01% of their portfolio | 185.0k $1.9m | Unchanged |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.05% of their portfolio | 150.0k $1.6m | Unchanged |
| TORONTO DOMINION BANK 0.00% of their portfolio | 130.0k $1.4m | Reduced -5.5k |
| Kepos Capital LP 2.78% of their portfolio | 50.0k $523.0k | Unchanged |
| HEIGHTS CAPITAL MANAGEMENT, INC 0.09% of their portfolio | 26.6k $278.5k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 25.0k $261.5k | Reduced -150.0k |
| Sandia Investment Management LP 0.78% of their portfolio | 25.0k $261.5k | Reduced -15.0k |
| Quarry LP 0.06% of their portfolio | 25.0k $261.5k | Reduced -15.0k |
| Clear Street Group Inc. 0.00% of their portfolio | 14.2k $148.6k | First filing |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 12.6k $132.2k | Reduced -38 |
| ROBINSON CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 12.2k $128.3k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 10.3k $107.6k | Reduced -100 |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio | 100 $1.0k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 79 $826 | Added +15 |