Vault-13

ELLIOTT OPPORTUNITY II CORP

SHS CL A · CUSIP G30092103

71 institutional holders -8 vs Q1 2023
41,546,15141.5m shares reported held*
$430.3mreported value*
4 new 9 added 13 reduced 12 sold out net sold ≈ $85.6m (-8.3m 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 ($172.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.36. Options: 0 managers hold calls (— notional), 1 hold puts ($2.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 81Q4 22: 79Q1 23: 79Q2 23: 7171Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202281
Q4 202279
Q1 202379
Q2 202371

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 24 bought or addedQ4 22: 32 cut or sold outQ4 22Q1 23: 28 bought or addedQ1 23: 24 cut or sold outQ1 23Q2 23: 13 bought or addedQ2 23: 25 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222432
Q1 20232824
Q2 20231325

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $2.6mQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$2.6m—

Biggest buyers

BERKLEY W R CORP Added +1,468,022+1.5m
COWEN AND COMPANY, LLC New +1,463,962+1.5m
First Trust Capital Management L.P. Added +824,619+824.6k
KIM, LLC New +754,666+754.7k
Westchester Capital Management, LLC Added +525,774+525.8k
Segantii Capital Management Ltd Added +200,000+200.0k
RIVERNORTH CAPITAL MANAGEMENT, LLC Added +91,796+91.8k
GOLDMAN SACHS GROUP INC Added +75,000+75.0k
HRT FINANCIAL LP New +68,777+68.8k
GRITSTONE ASSET MANAGEMENT LLC Added +53,896+53.9k

Biggest sellers

ARISTEIA CAPITAL, L.L.C. Sold out -5,779,337-5.8m
MARSHALL WACE, LLP Reduced -1,818,996-1.8m
MIZUHO MARKETS AMERICAS LLC Sold out -1,765,702-1.8m
Mizuho Markets Cayman LP Sold out -1,765,702-1.8m
CVI Holdings, LLC Sold out -522,832-522.8k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -351,328-351.3k
Sandia Investment Management LP Reduced -351,328-351.3k
Apollo Management Holdings, L.P. Sold out -350,000-350.0k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -250,000-250.0k
Shaolin Capital Management LLC Sold out -250,000-250.0k

Biggest calls

None

Biggest puts

Shaolin Capital Management LLC New $2.6m250.0k shares

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.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Trust Capital Management L.P. 3.27% of their portfolio CHICAGO, IL 5,298,4595.3m $54.9m $54.9m 3.27% Added +824.6k +824,619
2 NAYA CAPITAL MANAGEMENT UK LTD 5.33% of their portfolio London, X0 5,000,0005.0m $51.8m $51.8m 5.33% Unchanged
3 Westchester Capital Management, LLC 1.24% of their portfolio VALHALLA, NY 3,465,3803.5m $35.9m $35.9m 1.24% Added +525.8k +525,774
4 CANTOR FITZGERALD, L. P. 0.60% of their portfolio NEW YORK, NY 2,500,0002.5m $25.9m $25.9m 0.60% Unchanged
5 William Marsh Rice University 17.28% of their portfolio HOUSTON, TX 2,450,0002.5m $25.4m $25.4m 17.28% Unchanged
6 BERKLEY W R CORP 1.05% of their portfolio Greenwich, CT 1,687,8381.7m $17.5m $17.5m 1.05% Added +1.5m +1,468,022
7 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,589,1361.6m $16.5m $16.5m 0.02% Reduced -9.7k -9,678
8 COWEN AND COMPANY, LLC 1.26% of their portfolio NEW YORK, NY 1,463,9621.5m $15.2m $15.2m 1.26% New
9 Davidson Kempner Capital Management LP 0.26% of their portfolio New York, NY 1,200,0001.2m $12.4m $12.4m 0.26% Unchanged
10 P SCHOENFELD ASSET MANAGEMENT LP 1.54% of their portfolio NEW YORK, NY 1,092,9991.1m $11.3m $11.3m 1.54% Reduced -51.0k -51,000
11 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 1,038,5131.0m $10.8m $10.8m 0.02% Reduced -1.8m -1,818,996
12 KIM, LLC 0.67% of their portfolio WICHITA, KS 754,666754.7k $7.8m $7.8m 0.67% New
13 Atlas Merchant Capital LLC 1.66% of their portfolio New York, NY 750,000750.0k $7.8m $7.8m 1.66% Unchanged
14 Centiva Capital, LP 0.37% of their portfolio New York, NY 711,313711.3k $7.4m $7.4m 0.37% Unchanged
15 Magnetar Financial LLC 0.16% of their portfolio EVANSTON, IL 694,800694.8k $7.2m $7.2m 0.16% Unchanged
16 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.15% of their portfolio CHICAGO, IL 693,305693.3k $7.2m $7.2m 0.15% Reduced -15.6k -15,626
17 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 635,800635.8k $6.6m $6.6m 0.00% Unchanged
18 FIR TREE CAPITAL MANAGEMENT LP 0.61% of their portfolio New York, NY 602,326602.3k $6.2m $6.2m 0.61% Reduced -126.0k -126,018
19 Saba Capital Management, L.P. 0.20% of their portfolio NEW YORK, NY 582,433582.4k $6.0m $6.0m 0.20% Unchanged
20 Radcliffe Capital Management, L.P. 0.50% of their portfolio BALA CYNWYD, PA 568,489568.5k $5.9m $5.9m 0.50% Unchanged
21 Bulldog Investors, LLP 1.79% of their portfolio SADDLE BROOK, NJ 520,148520.1k $5.4m $5.4m 1.79% Reduced -19.1k -19,059
22 Sculptor Capital LP 0.14% of their portfolio New York, NY 509,000509.0k $5.3m $5.3m 0.14% Unchanged
23 Woodline Partners LP 0.06% of their portfolio San Francisco, CA 474,000474.0k $4.9m $4.9m 0.06% Unchanged
24 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 450,000450.0k $4.7m $4.7m 0.01% Unchanged
25 Castle Creek Arbitrage, LLC 0.54% of their portfolio AVON, CO 420,000420.0k $4.4m $4.4m 0.54% Unchanged
26 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 414,602414.6k $4.3m $4.3m 0.00% Unchanged
27 Cohanzick Management, LLC 3.46% of their portfolio Pleasantville, NY 300,799300.8k $3.1m $3.1m 3.46% Reduced -26.9k -26,910
28 Segantii Capital Management Ltd 0.18% of their portfolio HONG KONG, K3 300,000300.0k $3.1m $3.1m 0.18% Added +200.0k +200,000
29 Schechter Investment Advisors, LLC 0.27% of their portfolio BIRMINGHAM, MI 289,000289.0k $3.0m $3.0m 0.27% Unchanged
30 Karpus Management, Inc. 0.09% of their portfolio Pittsford, NY 285,886285.9k $3.0m $3.0m 0.09% Unchanged
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 280,000280.0k $2.9m $2.9m 0.00% Unchanged
32 Periscope Capital Inc. 0.21% of their portfolio Toronto, A6 256,584256.6k $2.7m $2.7m 0.21% Unchanged
33 GRITSTONE ASSET MANAGEMENT LLC 3.22% of their portfolio Bethesda, MD 253,896253.9k $2.6m $2.6m 3.22% Added +53.9k +53,896
34 TENOR CAPITAL MANAGEMENT Co., L.P. 0.05% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.05% Unchanged
35 Boussard & Gavaudan Investment Management LLP 0.25% of their portfolio London, X0 250,000250.0k $2.6m $2.6m 0.25% Unchanged
36 AQR Arbitrage LLC 0.11% of their portfolio Greenwich, CT 245,000245.0k $2.5m $2.5m 0.11% Unchanged
37 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.13% of their portfolio WEST PALM BEACH, FL 241,792241.8k $2.5m $2.5m 0.13% Added +91.8k +91,796
38 PICTON MAHONEY ASSET MANAGEMENT 0.11% of their portfolio Toronto, A6 225,288225.3k $2.3m $2.3m 0.11% Unchanged
39 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 200,000200.0k $2.1m $2.1m 0.00% Unchanged
40 MOORE CAPITAL MANAGEMENT, LP 0.05% of their portfolio NEW YORK, NY 200,000200.0k $2.1m $2.1m 0.05% Unchanged
41 Vestcor Inc 0.08% of their portfolio FREDERICTON, A3 200,000200.0k $2.1m $2.1m 0.08% Unchanged
42 LMR Partners LLP 0.05% of their portfolio LONDON, X0 200,000200.0k $2.1m $2.1m 0.05% Unchanged
43 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 187,289187.3k $1.9m $1.9m 0.00% Reduced -7.1k -7,100
44 Terrapin Asset Management, LLC 2.62% of their portfolio Miami, FL 180,308180.3k $1.9m $1.9m 2.62% Unchanged
45 DUPONT CAPITAL MANAGEMENT CORP 0.08% of their portfolio Wilmington, DE 150,000150.0k $1.6m $1.6m 0.08% Unchanged
46 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 136,291136.3k $1.4m $1.4m 0.01% Unchanged
47 Sandia Investment Management LP 0.43% of their portfolio BOSTON, MA 136,172136.2k $1.4m $1.4m 0.43% Reduced -351.3k -351,328
48 WHITEBOX ADVISORS LLC 0.07% of their portfolio MINNEAPOLIS, MN 130,650130.7k $1.4m $1.4m 0.07% Unchanged
49 GABELLI & Co INVESTMENT ADVISERS, INC. 0.20% of their portfolio Rye, NY 113,709113.7k $1.2m $1.2m 0.20% Unchanged
50 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 110,771110.8k $1.1m $1.1m 0.00% Added +75.0k +75,000
51 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 100,399100.4k $1.0m $1.0m 0.00% Unchanged
52 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 100,000100.0k $1.0m $1.0m 0.01% Unchanged
53 Mint Tower Capital Management B.V. 0.14% of their portfolio AMSTERDAM, P7 100,000100.0k $1.0m $1.0m 0.14% Unchanged
54 Atalaya Capital Management LP 0.50% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.50% Unchanged
55 Crystalline Management Inc. 0.55% of their portfolio Montreal, Quebec, Z4 75,00075.0k $777.0k $777.0k 0.55% Unchanged
56 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 68,77768.8k $712.0k $712.0k 0.01% New
57 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 50,00050.0k $518.0k $518.0k 0.00% Unchanged
58 Kepos Capital LP 0.09% of their portfolio NEW YORK, NY 50,00050.0k $518.0k $518.0k 0.09% First filing
59 GLAZER CAPITAL, LLC 0.03% of their portfolio New York, NY 38,55238.6k $399.0k $399.0k 0.03% Added +2.9k +2,925
60 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 38,29638.3k $396.7k $396.7k 0.00% Unchanged
61 Meteora Capital, LLC 0.06% of their portfolio Boca Raton, FL 32,76332.8k $339.4k $339.4k 0.06% Added +10.8k +10,760
62 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 21,64221.6k $224.0k $224.0k 0.00% Reduced -19.8k -19,796
63 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 20,00020.0k $207.2k $207.2k 0.00% Reduced -18.3k -18,320
64 Wealthspring Capital LLC 0.24% of their portfolio WEST HARRISON, NY 16,60016.6k $172.0k $172.0k 0.24% Unchanged
65 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,40914.4k $149.3k $149.3k 0.00% New
66 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 12,66912.7k $131.3k $131.3k 0.00% Reduced -351.3k -351,328
67 PenderFund Capital Management Ltd. 0.05% of their portfolio VANCOUVER, A1 11,39911.4k $156 $156 0.05% Unchanged
68 Arena Capital Advisors, LLC- CA 0.39% of their portfolio LOS ANGELES, CA 11,37011.4k $117.8k $117.8k 0.39% Unchanged
69 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 10,00010.0k $103.6k $103.6k 0.00% Unchanged
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 271271 $2.8k $2.8k 0.00% Reduced -3.0k -2,985
71 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged