Vault-13

DISTOKEN ACQUISITION CORP DIST

ORDINARY SHARES · Common Stock · CUSIP G27740110

23 institutional holders -5 vs Q1 2024
3,287,3473.3m shares reported held*
$35.3mreported value*
2 new 8 added 5 reduced 7 sold out net sold ≈ $4.6m (-431.7k 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.75.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q1 23: 40Q2 23: 47Q3 23: 48Q4 23: 29Q1 24: 28Q2 24: 2323Q1 23Q2 23Q3 23Q4 23Q1 24Q2 24
Numbers
QuarterHolders
Q1 202340
Q2 202347
Q3 202348
Q4 202329
Q1 202428
Q2 202423

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 17 bought or addedQ2 23: 11 cut or sold outQ2 23Q3 23: 8 bought or addedQ3 23: 7 cut or sold outQ3 23Q4 23: 11 bought or addedQ4 23: 36 cut or sold outQ4 23Q1 24: 8 bought or addedQ1 24: 11 cut or sold outQ1 24Q2 24: 10 bought or addedQ2 24: 12 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q2 20231711
Q3 202387
Q4 20231136
Q1 2024811
Q2 20241012

Biggest buyers

Meteora Capital, LLC Added +345,760+345.8k
K2 PRINCIPAL FUND, L.P. New +114,139+114.1k
CLEAR STREET LLC Added +111,770+111.8k
MIZUHO SECURITIES USA LLC Added +75,225+75.2k
HRT FINANCIAL LP New +25,687+25.7k
COWEN AND COMPANY, LLC Added +15,768+15.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +2,183+2.2k
BERKLEY W R CORP Added +1,488+1.5k
WOLVERINE ASSET MANAGEMENT LLC Added +301+301
UBS Group AG Added +234+234

Biggest sellers

First Trust Capital Management L.P. Sold out -377,222-377.2k
GLAZER CAPITAL, LLC Sold out -205,133-205.1k
Radcliffe Capital Management, L.P. Sold out -130,390-130.4k
Crystalline Management Inc. Sold out -120,000-120.0k
AQR Arbitrage LLC Sold out -89,998-90.0k
Schechter Investment Advisors, LLC Reduced -43,030-43.0k
Wealthspring Capital LLC Reduced -37,960-38.0k
Karpus Management, Inc. Reduced -33,800-33.8k
Westchester Capital Management, LLC Reduced -29,798-29.8k
FIR TREE CAPITAL MANAGEMENT LP Sold out -27,740-27.7k

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
Xiaosen Sponsor LLC 13D · may seek influence filed 2025-02-13
Stated purposeFounder Shares In July 2020, the Sponsor purchased 1,150,000 founder shares for a purchase price of $25,000. In August 2021, the Issuer effected a share dividend of 0.25 shares for each founder share outstanding, resulting in the Sponsor holding 1,437,500 founder shares. In January 2023, the Issuer effected a share dividend of 0.2 shares for each ordinary share outstanding, resulting in the Sponsor holding 1,725,000 founder shares (the "Founder Shares"). Placement Units On February 17, 2023, as part of a sponsor unit subscription agreement dated February 15, 2023 (the "Unit Subscription Agreement"), the Sponsor purchased 545,000 placement units (the "Placement Units") from the Issuer for an aggregate purchase price of $5,450,000. Each Placement Unit consists of one Ordinary Share (the "… Full filing
 70.9% 2.3m 2025-02-13
METEORA CAPITAL, LLC 13G · institution -0.1 pts · filed 2025-05-15 19.5% -0.1 pts 623.3k 2025-05-15

Fell to 5% or below in the last year: GOLDMAN SACHS GROUP INC (0.0%, 2025-11-12)

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Mint Tower Capital Management B.V. 1.70% of their portfolio AMSTERDAM, P7 400,000400.0k $4.3m $4.3m 1.70% Unchanged
2 Meteora Capital, LLC 0.73% of their portfolio Boca Raton, FL 362,500362.5k $3.9m $3.9m 0.73% Added +345.8k +345,760
3 Karpus Management, Inc. 0.10% of their portfolio Pittsford, NY 324,397324.4k $3.5m $3.5m 0.10% Reduced -33.8k -33,800
4 WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio CHICAGO, IL 293,937293.9k $3.2m $3.2m 0.06% Added +301 +301
5 MIZUHO SECURITIES USA LLC 0.06% of their portfolio NEW YORK, NY 262,555262.6k $2.8m $2.8m 0.06% Added +75.2k +75,225
6 BERKLEY W R CORP 0.15% of their portfolio Greenwich, CT 249,515249.5k $2.7m $2.7m 0.15% Added +1.5k +1,488
7 Schechter Investment Advisors, LLC 0.18% of their portfolio BIRMINGHAM, MI 228,004228.0k $2.5m $2.5m 0.18% Reduced -43.0k -43,030
8 Westchester Capital Management, LLC 0.09% of their portfolio VALHALLA, NY 202,355202.4k $2.2m $2.2m 0.09% Reduced -29.8k -29,798
9 Exos Asset Management LLC 1.72% of their portfolio NEW YORK, NY 139,539139.5k $1.5m $1.5m 1.72% Unchanged
10 Periscope Capital Inc. 0.53% of their portfolio Toronto, A6 135,811135.8k $1.5m $1.5m 0.53% Reduced -18.9k -18,923
11 Wealthspring Capital LLC 1.57% of their portfolio WEST HARRISON, NY 125,560125.6k $1.3m $1.3m 1.57% Reduced -38.0k -37,960
12 K2 PRINCIPAL FUND, L.P. 0.27% of their portfolio TORONTO, A6 114,139114.1k $1.2m $1.2m 0.27% New
13 CLEAR STREET LLC 0.03% of their portfolio NEW YORK, NY 112,898112.9k $1.2m $1.2m 0.03% Added +111.8k +111,770
14 TENOR CAPITAL MANAGEMENT Co., L.P. 0.02% of their portfolio NEW YORK, NY 100,000100.0k $1.1m $1.1m 0.02% Unchanged
15 Crossingbridge Advisors, LLC 0.61% of their portfolio PLEASANTVILLE, NY 96,59696.6k $1.0m $1.0m 0.61% Unchanged
16 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 80,64080.6k $869.3k $869.3k 0.01% Unchanged
17 Centiva Capital, LP 0.03% of their portfolio New York, NY 60,00060.0k $645.0k $645.0k 0.03% Unchanged
18 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 45,36045.4k $489.0k $489.0k 0.01% Unchanged
19 COWEN AND COMPANY, LLC 0.01% of their portfolio NEW YORK, NY 40,00040.0k $431.2k $431.2k 0.01% Added +15.8k +15,768
20 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 25,68725.7k $275.0k $275.0k 0.00% New
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,17713.2k $141.7k $141.7k 0.00% Added +2.2k +2,183
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 237237 $2.5k $2.5k 0.00% Added +234 +234
23 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged