Vault-13

EMBRACE CHANGE ACQUISITN COR

*W EXP 10/25/202 · CUSIP G3034H125

24 institutional holders -1 vs Q1 2024
4,397,5474.4m shares reported held*
$11.0mreported value*
0 new 0 added 1 reduced 1 sold out net sold ≈ $6.3k (-301.1k 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. Implied quarter-end price ≈ $2.50. Options: 1 managers hold calls ($6.9k notional), 0 hold puts (—).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 7Q4 22: 20Q1 23: 22Q2 23: 21Q3 23: 25Q4 23: 27Q1 24: 25Q2 24: 2424Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20227
Q4 202220
Q1 202322
Q2 202321
Q3 202325
Q4 202327
Q1 202425
Q2 202424

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 17 bought or addedQ4 22: 3 cut or sold outQ4 22Q1 23: 5 bought or addedQ1 23: 4 cut or sold outQ2 23: 3 bought or addedQ2 23: 7 cut or sold outQ2 23Q3 23: 6 bought or addedQ3 23: 5 cut or sold outQ4 23: 1 bought or addedQ4 23: 6 cut or sold outQ4 23Q1 24: 1 bought or addedQ1 24: 4 cut or sold outQ2 24: 0 bought or addedQ2 24: 2 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022173
Q1 202354
Q2 202337
Q3 202365
Q4 202316
Q1 202414
Q2 202402

Calls vs puts

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

CallsPuts
$0$2k$4k$6k$8kQ3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $5.3kQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $6.5kQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $6.9kQ2 24 puts: $0Q2 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2023$0$0—
Q4 2023$5.3k$00.00
Q1 2024$6.5k$00.00
Q2 2024$6.9k$00.00

Biggest buyers

None

Biggest sellers

Context Capital Management, LLC Sold out -300,000-300.0k
CVI Holdings, LLC Reduced -1,100-1.1k

Biggest calls

ATW SPAC MANAGEMENT LLC Unchanged $6.9k346.9k 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.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MANGROVE PARTNERS IM, LLC 0.56% of their portfolio Greenwich, CT 625,000625.0k $7.0m $7.0m 0.56% Unchanged
2 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 460,978461.0k $0 $0 0.00% Unchanged
3 BOOTHBAY FUND MANAGEMENT, LLC 0.12% of their portfolio NEW YORK, NY 346,875346.9k $3.9m $3.9m 0.12% Unchanged
4 Polar Asset Management Partners Inc. 0.00% of their portfolio TORONTO, A6 325,000325.0k $6.5k $6.5k 0.00% Unchanged
5 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 304,000304.0k $6.4k $6.4k 0.00% Unchanged
6 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 285,000285.0k $6.0k $6.0k 0.00% Unchanged
7 Yakira Capital Management, Inc. 0.00% of their portfolio Westport, CT 235,000235.0k $4.7k $4.7k 0.00% Unchanged
8 Weiss Asset Management LP 0.00% of their portfolio BOSTON, MA 209,250209.2k $4.4k $4.4k 0.00% Unchanged
9 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 193,214193.2k $4.1k $4.1k 0.00% Unchanged
10 Shaolin Capital Management LLC 0.00% of their portfolio Miami, FL 190,000190.0k $4.0k $4.0k 0.00% Unchanged
11 Taconic Capital Advisors LP 0.00% of their portfolio NEW YORK, NY 180,000180.0k $3.8k $3.8k 0.00% Unchanged
12 Periscope Capital Inc. 0.00% of their portfolio Toronto, A6 150,000150.0k $3.0k $3.0k 0.00% Unchanged
13 COWEN AND COMPANY, LLC 0.00% of their portfolio NEW YORK, NY 149,541149.5k $3.1k $3.1k 0.00% Unchanged
14 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 131,200131.2k $2.8k $2.8k 0.00% Unchanged
15 Schechter Investment Advisors, LLC 0.00% of their portfolio BIRMINGHAM, MI 113,790113.8k $2.0k $2.0k 0.00% Unchanged
16 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 100,000100.0k $2.1k $2.1k 0.00% Unchanged
17 Cable Car Capital, LP 0.00% of their portfolio SAN FRANCISCO, CA 94,00094.0k $2.0k $2.0k 0.00% Unchanged
18 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 73,80073.8k $1.6k $1.6k 0.00% Unchanged
19 Spartan Fund Management Inc. 0.00% of their portfolio TORONTO, ONTARIO, Z4 70,00070.0k $1.4k $1.4k 0.00% Unchanged
20 CVI Holdings, LLC 0.00% of their portfolio WILMINGTON, DE 68,89968.9k $1.4k $1.4k 0.00% Reduced -1.1k -1,100
21 BERKLEY W R CORP 0.00% of their portfolio Greenwich, CT 37,00037.0k $777 $777 0.00% Unchanged
22 Crystalline Management Inc. 0.00% of their portfolio Montreal, Quebec, Z4 37,00037.0k $738 $738 0.00% Unchanged
23 ADAR1 Capital Management, LLC 0.00% of their portfolio AUSTIN, TX 18,00018.0k $378 $378 0.00% Unchanged
24 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged