Vault-13

ANDRETTI ACQUISITION CORP II POLE

ORD SHS CL A · Common Stock · CUSIP G26745102

50 institutional holders +0 vs Q4 2025
22,847,47422.8m shares reported held*
$243.3mreported value*
5 new 6 added 14 reduced 5 sold out net bought ≈ $6.1m (+575.6k 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 ($2.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.65.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 24: 1Q4 24: 36Q1 25: 42Q2 25: 48Q3 25: 46Q4 25: 50Q1 26: 5050Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q3 20241
Q4 202436
Q1 202542
Q2 202548
Q3 202546
Q4 202550
Q1 202650

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 24: 33 bought or addedQ4 24: 0 cut or sold outQ4 24Q1 25: 22 bought or addedQ1 25: 11 cut or sold outQ1 25Q2 25: 17 bought or addedQ2 25: 10 cut or sold outQ2 25Q3 25: 5 bought or addedQ3 25: 15 cut or sold outQ3 25Q4 25: 17 bought or addedQ4 25: 19 cut or sold outQ4 25Q1 26: 11 bought or addedQ1 26: 19 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q4 2024330
Q1 20252211
Q2 20251710
Q3 2025515
Q4 20251719
Q1 20261119

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1k$2k$3kQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $2.2kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$2.2k$00.00
Q4 2025$0$0—
Q1 2026$0$0—

Biggest buyers

Crossingbridge Advisors, LLC New +1,037,522+1.0m
WOLVERINE ASSET MANAGEMENT LLC Added +302,053+302.1k
RiverPark Advisors, LLC New +266,868+266.9k
HIGHBRIDGE CAPITAL MANAGEMENT LLC New +176,241+176.2k
MIZUHO SECURITIES USA LLC Added +164,077+164.1k
BERKLEY W R CORP Added +40,683+40.7k
Schonfeld Strategic Advisors LLC Added +32,530+32.5k
BNP PARIBAS FINANCIAL MARKETS New +12,020+12.0k
CITADEL ADVISORS LLC New +10,122+10.1k
GLAZER CAPITAL, LLC Added +1,956+2.0k

Biggest sellers

CANTOR FITZGERALD, L. P. Sold out -541,868-541.9k
Verition Fund Management LLC Sold out -245,630-245.6k
TWO SIGMA INVESTMENTS, LP Reduced -166,725-166.7k
Clear Street Group Inc. Reduced -131,316-131.3k
TORONTO DOMINION BANK Reduced -104,442-104.4k
Hudson Bay Capital Management LP Reduced -55,097-55.1k
Fort Baker Capital Management LP Sold out -50,254-50.3k
Periscope Capital Inc. Reduced -50,000-50.0k
RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -35,000-35.0k
Jain Global LLC Reduced -25,000-25.0k

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
Linden Capital L.P. 13G · passive investor new · filed 2026-09-14 7.3% new 1.0m≈ $10.8m 2026-09-14
BARCLAYS PLC 13G · institution +2.0 pts · filed 2026-05-14 7.0% +2.0 pts 1.7m≈ $17.9m 2026-05-14
AQR CAPITAL MANAGEMENT LLC 13G · institution filed 2025-02-13 6.4% 1.5m≈ $16.4m 2025-02-13
LMR Partners LLP 13G · institution filed 2026-02-17 5.7% 1.4m≈ $14.5m 2026-02-17

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 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.

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Alberta Investment Management Corp 0.13% of their portfolio EDMONTON, A0 1,980,0002.0m $21.1m $21.1m 0.13% Unchanged
2 Magnetar Financial LLC 0.15% of their portfolio EVANSTON, IL 1,400,0001.4m $14.9m $14.9m 0.15% Unchanged
3 AQR Arbitrage LLC 0.24% of their portfolio Greenwich, CT 1,384,9831.4m $14.8m $14.8m 0.24% Reduced -15.9k -15,950
4 LMR Partners LLP 0.13% of their portfolio LONDON, X0 1,350,0001.4m $14.4m $14.4m 0.13% Unchanged
5 WOLVERINE ASSET MANAGEMENT LLC 0.22% of their portfolio CHICAGO, IL 1,344,3111.3m $14.3m $14.3m 0.22% Added +302.1k +302,053
6 Polar Asset Management Partners Inc. 0.32% of their portfolio TORONTO, A6 1,250,0001.2m $13.3m $13.3m 0.32% Unchanged
7 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,138,5001.1m $12.1m $12.1m 0.01% Unchanged
8 Westchester Capital Management, LLC 0.57% of their portfolio VALHALLA, NY 1,111,4161.1m $11.8m $11.8m 0.57% Unchanged
9 Crossingbridge Advisors, LLC 2.00% of their portfolio PLEASANTVILLE, NY 1,037,5221.0m $11.0m $11.0m 2.00% New
10 Linden Advisors LP 0.06% of their portfolio New York, NY 1,000,0001.0m $10.7m $10.7m 0.06% Unchanged
11 PICTON MAHONEY ASSET MANAGEMENT 0.10% of their portfolio Toronto, A6 900,000900.0k $9.6m $9.6m 0.10% Unchanged
12 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 825,000825.0k $8.8m $8.8m 0.03% Unchanged
13 TENOR CAPITAL MANAGEMENT Co., L.P. 0.12% of their portfolio NEW YORK, NY 750,000750.0k $8.0m $8.0m 0.12% Unchanged
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 673,298673.3k $7.2m $7.2m 0.00% Unchanged
15 MIZUHO SECURITIES USA LLC 0.17% of their portfolio NEW YORK, NY 670,875670.9k $7.1m $7.1m 0.17% Added +164.1k +164,077
16 First Trust Capital Management L.P. 0.33% of their portfolio CHICAGO, IL 590,809590.8k $6.3m $6.3m 0.33% Unchanged
17 MMCAP International Inc. SPC 0.53% of their portfolio GRAND CAYMAN, E9 580,000580.0k $6.2m $6.2m 0.53% Unchanged
18 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.26% of their portfolio WEST PALM BEACH, FL 490,332490.3k $5.2m $5.2m 0.26% Reduced -35.0k -35,000
19 Radcliffe Capital Management, L.P. 0.38% of their portfolio BALA CYNWYD, PA 478,678478.7k $5.1m $5.1m 0.38% Added +14 +14
20 BERKLEY W R CORP 0.26% of their portfolio Greenwich, CT 462,495462.5k $4.9m $4.9m 0.26% Added +40.7k +40,683
21 Wealthspring Capital LLC 0.92% of their portfolio WEST HARRISON, NY 362,780362.8k $3.9m $3.9m 0.92% Reduced -10.3k -10,280
22 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 333,275333.3k $3.5m $3.5m 0.00% Reduced -166.7k -166,725
23 RiverPark Advisors, LLC 1.03% of their portfolio NEW YORK, NY 266,868266.9k $2.8m $2.8m 1.03% New
24 GLAZER CAPITAL, LLC 0.06% of their portfolio New York, NY 265,503265.5k $2.8m $2.8m 0.06% Added +2.0k +1,956
25 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 250,000250.0k $2.7m $2.7m 0.01% Reduced -104.4k -104,442
26 ARISTEIA CAPITAL, L.L.C. 0.06% of their portfolio GREENWICH, CT 248,959249.0k $2.7m $2.7m 0.06% Unchanged
27 Karpus Management, Inc. 0.08% of their portfolio Pittsford, NY 238,650238.7k $2.5m $2.5m 0.08% Reduced -300 -300
28 Jain Global LLC 0.03% of their portfolio NEW YORK, NY 216,622216.6k $2.3m $2.3m 0.03% Reduced -25.0k -25,000
29 WHITEBOX ADVISORS LLC 0.03% of their portfolio MINNEAPOLIS, MN 200,000200.0k $2.1m $2.1m 0.03% Unchanged
30 MOORE CAPITAL MANAGEMENT, LP 0.08% of their portfolio NEW YORK, NY 200,000200.0k $2.1m $2.1m 0.08% Unchanged
31 Periscope Capital Inc. 0.37% of their portfolio Toronto, A6 200,000200.0k $2.1m $2.1m 0.37% Reduced -50.0k -50,000
32 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 176,241176.2k $1.9m $1.9m 0.12% New
33 O'Connor Alternative Investments LLC 0.08% of their portfolio NEW YORK, NY 150,000150.0k $1.6m $1.6m 0.08% First filing
34 Hudson Bay Capital Management LP 0.01% of their portfolio STAMFORD, CT 124,990125.0k $1.3m $1.3m 0.01% Reduced -55.1k -55,097
35 L1 Global Manager Pty Ltd 0.86% of their portfolio Melbourne, C3 100,000100.0k $1.1m $1.1m 0.86% Unchanged
36 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 53,37853.4k $568.2k $568.2k 0.00% Added +32.5k +32,530
37 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 50,45650.5k $537.1k $537.1k 0.00% Reduced -131.3k -131,316
38 Kepos Capital LP 0.87% of their portfolio NEW YORK, NY 50,00050.0k $532.0k $532.0k 0.87% Unchanged
39 Shaolin Capital Management LLC 0.02% of their portfolio Miami, FL 49,01949.0k $521.8k $521.8k 0.02% Unchanged
40 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 34,91634.9k $372.2k $372.2k 0.00% Reduced -15.0k -14,957
41 Lineage Point Capital LP 0.07% of their portfolio PALM BEACH, FL 28,45328.5k $302.9k $302.9k 0.07% Unchanged
42 HEIGHTS CAPITAL MANAGEMENT, INC 0.08% of their portfolio SAN FRANCISCO, CA 26,60026.6k $283.4k $283.4k 0.08% Unchanged
43 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 19,67619.7k $209.6k $209.6k 0.00% Unchanged
44 ROBINSON CAPITAL MANAGEMENT, LLC 0.06% of their portfolio GROSSE POINTE FARMS, MI 12,25012.2k $130.7k $130.7k 0.06% Unchanged
45 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 12,02012.0k $128.1k $128.1k 0.00% New
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,58511.6k $123.4k $123.4k 0.00% Reduced -5.3k -5,330
47 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 10,12210.1k $107.8k $107.8k 0.00% New
48 FNY Investment Advisers, LLC 0.02% of their portfolio NEW YORK, NY 3,5903.6k $38.0k $38.0k 0.02% Reduced -310 -310
49 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 100100 $1.1k $1.1k 0.00% Unchanged
50 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7070 $745 $745 0.00% Reduced -24 -24