Vault-13

DRUGS MADE IN AMER ACQ II CO DMII

USD ORD SHS · Common Stock · CUSIP G2851K104

69 institutional holders +1 vs Q1 2026
45,592,79145.6m shares reported held*
71.6% of all shares outstanding*
$458.7mreported value*
5 new 15 added 14 reduced 4 sold out net bought ≈ $16.7m (+1.7m 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. Shares outstanding: 63.7m as of 2026-08-14, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $10.06.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q4 25: 51Q1 26: 68Q2 26: 6969Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q4 202551
Q1 202668
Q2 202669

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 26: 29 bought or addedQ1 26: 18 cut or sold outQ1 26Q2 26: 20 bought or addedQ2 26: 18 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 20262918
Q2 20262018

Biggest buyers

HIGHBRIDGE CAPITAL MANAGEMENT LLC Added +2,016,211+2.0m
Crossingbridge Advisors, LLC Added +750,000+750.0k
CANTOR FITZGERALD, L. P. New +726,200+726.2k
TIG Advisors, LLC New +500,000+500.0k
JPMORGAN CHASE & CO Added +426,321+426.3k
Logan Stone Capital, LLC Added +370,373+370.4k
Kepos Capital LP New +210,000+210.0k
Clear Street Group Inc. Added +209,534+209.5k
Karpus Management, Inc. Added +190,075+190.1k
Limestone Investment Advisors LP Added +139,100+139.1k

Biggest sellers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -2,000,000-2.0m
HGC Investment Management Inc. Reduced -1,080,980-1.1m
Sculptor Capital LP Sold out -500,000-500.0k
Shaolin Capital Management LLC Reduced -244,516-244.5k
HighTower Advisors, LLC Reduced -148,000-148.0k
Parallax Volatility Advisers, L.P. Sold out -133,647-133.6k
CSS LLC/IL Sold out -110,042-110.0k
GABELLI FUNDS LLC Reduced -28,400-28.4k
ROYAL BANK OF CANADA Reduced -21,913-21.9k
DLD Asset Management, LP Reduced -11,507-11.5k

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
Drugs Made In America Acquisition II LLC 13D · may seek influence new · filed 2025-10-02
Stated purposeThe information set forth in Item 3 above is incorporated into this Item 4 by reference. The Reporting Persons may acquire additional securities of the Issuer, or retain or sell all or a portion of the securities then held, in the open market or in privately negotiated transactions. Lynn Stockwell serves as Chief Executive Officer and Executive Chair of the board of directors of the Issuer, and, in such capacity, may have influence over the corporate activities of the Issuer, including activities which may relate to items described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Except as described in this Statement, each of the Reporting Person does not have any present plans or proposals that relate to or would result in any of the actions described in subparagraphs (a) t… Full filing
 10.2% new 6.7m≈ $67.5m 2025-10-02

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 1 buyingQ3 25: 1 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20251—1——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20260—0——

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Karpus Management, Inc. 0.81% of their portfolio Pittsford, NY 2,787,9982.8m $28.0m $28.0m 0.81% Added +190.1k +190,075
2 MMCAP International Inc. SPC 2.30% of their portfolio GRAND CAYMAN, E9 2,700,0002.7m $27.2m $27.2m 2.30% Unchanged
3 Magnetar Financial LLC 0.25% of their portfolio EVANSTON, IL 2,700,0002.7m $27.2m $27.2m 0.25% Unchanged
4 GLAZER CAPITAL, LLC 0.58% of their portfolio New York, NY 2,343,2782.3m $23.6m $23.6m 0.58% Reduced -6.5k -6,483
5 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.77% of their portfolio NEW YORK, NY 2,241,2152.2m $22.6m $22.6m 0.77% Added +2.0m +2,016,211
6 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 1,993,5582.0m $20.1m $20.1m 0.01% Added +17.1k +17,133
7 Hudson Bay Capital Management LP 0.09% of their portfolio STAMFORD, CT 1,969,0302.0m $19.8m $19.8m 0.09% Unchanged
8 WOLVERINE ASSET MANAGEMENT LLC 0.24% of their portfolio CHICAGO, IL 1,855,2221.9m $18.7m $18.7m 0.24% Added +59.9k +59,931
9 Polar Asset Management Partners Inc. 0.28% of their portfolio TORONTO, A6 1,500,0001.5m $15.1m $15.1m 0.28% Unchanged
10 TENOR CAPITAL MANAGEMENT Co., L.P. 0.21% of their portfolio NEW YORK, NY 1,500,0001.5m $15.1m $15.1m 0.21% Unchanged
11 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,475,0001.5m $14.8m $14.8m 0.01% Added +84.9k +84,900
12 AQR Arbitrage LLC 0.16% of their portfolio Greenwich, CT 1,131,2661.1m $11.4m $11.4m 0.16% Added +18.9k +18,876
13 ARISTEIA CAPITAL, L.L.C. 0.17% of their portfolio GREENWICH, CT 1,100,0001.1m $11.1m $11.1m 0.17% Unchanged
14 Crossingbridge Advisors, LLC 1.96% of their portfolio PLEASANTVILLE, NY 1,100,0001.1m $11.1m $11.1m 1.96% Added +750.0k +750,000
15 First Trust Capital Management L.P. 0.63% of their portfolio CHICAGO, IL 1,067,7981.1m $10.7m $10.7m 0.63% Unchanged
16 OMERS ADMINISTRATION Corp 0.06% of their portfolio TORONTO, A6 1,000,0001.0m $10.1m $10.1m 0.06% Unchanged
17 Davidson Kempner Capital Management LP 0.16% of their portfolio New York, NY 1,000,0001.0m $10.1m $10.1m 0.16% Unchanged
18 PICTON MAHONEY ASSET MANAGEMENT 0.08% of their portfolio Toronto, A6 888,000888.0k $8.9m $8.9m 0.08% Added +13.0k +13,000
19 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 886,544886.5k $8.9m $8.9m 0.01% Unchanged
20 Context Capital Management, LLC 0.15% of their portfolio LAJOLLA, CA 750,000750.0k $7.5m $7.5m 0.15% Unchanged
21 MOORE CAPITAL MANAGEMENT, LP 0.17% of their portfolio NEW YORK, NY 750,000750.0k $7.5m $7.5m 0.17% Unchanged
22 Ghisallo Capital Management LLC 0.15% of their portfolio BOSTON, MA 750,000750.0k $7.5m $7.5m 0.15% Unchanged
23 Mercuria Capital Strategies, LLC 4.63% of their portfolio HOUSTON, TX 750,000750.0k $7.5m $7.5m 4.63% Unchanged
24 CANTOR FITZGERALD, L. P. 0.07% of their portfolio NEW YORK, NY 726,200726.2k $7.3m $7.3m 0.07% New
25 Westchester Capital Management, LLC 0.31% of their portfolio VALHALLA, NY 621,797621.8k $6.3m $6.3m 0.31% Added +121.8k +121,791
26 Radcliffe Capital Management, L.P. 0.44% of their portfolio BALA CYNWYD, PA 575,721575.7k $5.8m $5.8m 0.44% Unchanged
27 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 566,614566.6k $5.7m $5.7m 0.01% Reduced -148.0k -148,000
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 555,951556.0k $5.6m $5.6m 0.00% Added +426.3k +426,321
29 HEIGHTS CAPITAL MANAGEMENT, INC 1.21% of their portfolio SAN FRANCISCO, CA 519,400519.4k $5.2m $5.2m 1.21% Unchanged
30 HBK INVESTMENTS L P 0.06% of their portfolio DALLAS, TX 500,000500.0k $5.0m $5.0m 0.06% Unchanged
31 TIG Advisors, LLC 0.23% of their portfolio New York, NY 500,000500.0k $5.0m $5.0m 0.23% New
32 BlueCrest Capital Management Ltd 0.21% of their portfolio ST HELIER, Y9 500,000500.0k $5.0m $5.0m 0.21% Unchanged
33 SONA ASSET MANAGEMENT (US) LLC 0.19% of their portfolio NEW YORK, NY 500,000500.0k $5.0m $5.0m 0.19% Unchanged
34 WHITEBOX ADVISORS LLC 0.07% of their portfolio MINNEAPOLIS, MN 450,000450.0k $4.5m $4.5m 0.07% Unchanged
35 Wealthspring Capital LLC 0.90% of their portfolio WEST HARRISON, NY 400,440400.4k $4.0m $4.0m 0.90% Reduced -2.2k -2,230
36 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 394,950394.9k $4.0m $4.0m 0.00% Unchanged
37 Logan Stone Capital, LLC 0.81% of their portfolio CHICAGO, IL 381,686381.7k $3.8m $3.8m 0.81% Added +370.4k +370,373
38 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 350,000350.0k $3.5m $3.5m 0.02% Unchanged
39 Lineage Point Capital LP 0.69% of their portfolio PALM BEACH, FL 336,360336.4k $3.4m $3.4m 0.69% Unchanged
40 Kryger Capital LLC 0.17% of their portfolio HAMILTON, D0 304,541304.5k $3.1m $3.1m 0.17% Reduced -5.2k -5,188
41 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.14% of their portfolio WEST PALM BEACH, FL 300,000300.0k $3.0m $3.0m 0.14% Unchanged
42 Mint Tower Capital Management B.V. 0.30% of their portfolio AMSTERDAM, P7 250,000250.0k $2.5m $2.5m 0.30% Unchanged
43 Periscope Capital Inc. 0.36% of their portfolio Toronto, A6 225,000225.0k $2.3m $2.3m 0.36% Unchanged
44 Clear Street Group Inc. 0.01% of their portfolio NEW YORK, NY 224,879224.9k $2.3m $2.3m 0.01% Added +209.5k +209,534
45 Kepos Capital LP 2.88% of their portfolio NEW YORK, NY 210,000210.0k $2.1m $2.1m 2.88% New
46 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 202,840202.8k $2.0m $2.0m 0.01% Unchanged
47 Shaolin Capital Management LLC 0.10% of their portfolio Miami, FL 180,484180.5k $1.8m $1.8m 0.10% Reduced -244.5k -244,516
48 GABELLI & Co INVESTMENT ADVISERS, INC. 0.26% of their portfolio Rye, NY 179,500179.5k $1.8m $1.8m 0.26% Unchanged
49 Limestone Investment Advisors LP 0.76% of their portfolio NEW YORK, NY 151,000151.0k $1.5m $1.5m 0.76% Added +139.1k +139,100
50 HGC Investment Management Inc. 0.30% of their portfolio TORONTO, A6 150,000150.0k $1.5m $1.5m 0.30% Reduced -1.1m -1,080,980
51 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 133,000133.0k $1.3m $1.3m 0.01% Reduced -28.4k -28,400
52 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 111,882111.9k $1.1m $1.1m 0.01% Reduced -441 -441
53 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 103,923103.9k $1.0m $1.0m 0.00% Unchanged
54 PEAK6 LLC 0.02% of their portfolio AUSTIN, TX 100,000100.0k $1.0m $1.0m 0.02% Unchanged
55 DLD Asset Management, LP 0.08% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.08% Reduced -11.5k -11,507
56 Centiva Capital, LP 0.03% of their portfolio New York, NY 100,000100.0k $1.0m $1.0m 0.03% Unchanged
57 PenderFund Capital Management Ltd. 0.10% of their portfolio VANCOUVER, A1 79,50079.5k $799.8k $799.8k 0.10% Added +29.8k +29,800
58 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 65,99066.0k $663.9k $663.9k 0.00% New
59 DELTEC ASSET MANAGEMENT LLC 0.07% of their portfolio New York, NY 50,00050.0k $503.0k $503.0k 0.07% Unchanged
60 UBS Group AG 0.00% of their portfolio ZURICH, V8 43,66843.7k $439.3k $439.3k 0.00% Reduced -1.1k -1,067
61 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 39,64939.6k $398.9k $398.9k 0.00% Unchanged
62 ABC ARBITRAGE SA 0.04% of their portfolio PARIS, I0 35,00035.0k $352.1k $352.1k 0.04% Reduced -5.0k -5,000
63 Dakota Wealth Management 0.01% of their portfolio PALM BEACH GARDENS, FL 30,65030.6k $308.3k $308.3k 0.01% Unchanged
64 Virtu Financial LLC 0.01% of their portfolio New York, NY 29,74429.7k $299.0k $299.0k 0.01% Reduced -10.6k -10,612
65 ROBINSON CAPITAL MANAGEMENT, LLC 0.11% of their portfolio GROSSE POINTE FARMS, MI 25,00025.0k $251.5k $251.5k 0.11% Added +15.0k +15,000
66 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 19,08119.1k $192.0k $192.0k 0.00% Reduced -21.9k -21,913
67 MIZUHO SECURITIES USA LLC 0.00% of their portfolio NEW YORK, NY 18,60018.6k $184.1k $184.1k 0.00% Unchanged
68 Tuttle Capital Management, LLC 0.07% of their portfolio RIVERSIDE, CT 10,76910.8k $108.3k $108.3k 0.07% New
69 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6363 $634 $634 0.00% Reduced -56 -56