ENPHYS ACQUISITION CORP
*W EXP 99/99/999 · CUSIP G3167L117
34
institutional holders
+0 vs Q4 2023
10.0m
shares reported held*
$847.2kreported value*
2 new
3 added
3 reduced
3 sold out
net sold ≈ $37.2k (-636.5k 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 ≈ $0.08. Options: 2 managers hold calls ($8.1m notional), 0 hold puts (—).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 31 |
| Q4 2022 | 34 |
| Q1 2023 | 36 |
| Q2 2023 | 35 |
| Q3 2023 | 37 |
| Q4 2023 | 34 |
| Q1 2024 | 34 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 3 | 8 |
| Q1 2023 | 9 | 7 |
| Q2 2023 | 4 | 7 |
| Q3 2023 | 9 | 3 |
| Q4 2023 | 7 | 5 |
| Q1 2024 | 5 | 6 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $8.4m | $25.0k | 0.00 |
| Q3 2023 | $8.4m | $0 | 0.00 |
| Q4 2023 | $8.4m | $0 | 0.00 |
| Q1 2024 | $8.1m | $0 | 0.00 |
Biggest buyers
| StoneX Group Inc. | Added | +184.4k |
| Flow State Investments, L.P. | Added | +96.0k |
| Sea Otter Advisors LLC | New | +48.4k |
| Parallax Volatility Advisers, L.P. | Added | +36.5k |
| UBS Group AG | New | +91 |
Biggest sellers
| Radcliffe Capital Management, L.P. | Sold out | -858.6k |
| Sea Otter Advisors LLC | Sold out | -48.4k |
| Spartan Fund Management Inc. | Sold out | -22.6k |
| Meteora Capital, LLC | Reduced | -20.5k |
| K2 PRINCIPAL FUND, L.P. | Reduced | -2.9k |
| CLEAR STREET LLC | Reduced | -500 |
Biggest calls
| MARSHALL WACE, LLP | Reduced | $8.1m742.8k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $33.6k600.0k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 1.6m $90.9k | Unchanged |
| CAAS CAPITAL MANAGEMENT LP 0.03% of their portfolio | 1.2m $65.9k | Unchanged |
| Periscope Capital Inc. 0.02% of their portfolio | 1.1m $67.1k | Unchanged |
| Clear Street Derivatives LLC 0.00% of their portfolio | 646.1k $36.2k | First filing |
| Calamos Advisors LLC 0.00% of their portfolio | 625.0k $36.7k | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 568.6k $28.4k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 543.7k $30.4k | Unchanged |
| Shaolin Capital Management LLC 0.00% of their portfolio | 520.0k $29.1k | Unchanged |
| Exos Asset Management LLC 0.01% of their portfolio | 483.2k $25.4k | First filing |
| Flow State Investments, L.P. 0.01% of their portfolio | 416.0k $23.3k | Added +96.0k |
| Parallax Volatility Advisers, L.P. 0.00% of their portfolio | 415.2k $18.7k | Added +36.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 319.8k $16.0k | Unchanged |
| StoneX Group Inc. 0.00% of their portfolio | 200.1k $9.0k | Added +184.4k |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 194.0k $10.9k | Unchanged |
| VR Advisory Services Ltd 0.00% of their portfolio | 186.7k $10.5k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 154.6k $8.7k | Unchanged |
| PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio | 150.0k $9.0k | Unchanged |
| Linden Advisors LP 0.00% of their portfolio | 128.1k $7.5k | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 125.0k $7.7k | Unchanged |
| Walleye Trading LLC 0.00% of their portfolio | 86.9k $4.9k | Unchanged |
| K2 PRINCIPAL FUND, L.P. 0.00% of their portfolio | 53.6k $2.7k | Reduced -2.9k |
| DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 50.0k $2.9k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 50.0k $2.8k | Unchanged |
| Sea Otter Advisors LLC 0.02% of their portfolio | 48.4k $2.9k | New |
| Q Global Advisors, LLC 0.00% of their portfolio | 47.6k $3.0k | Unchanged |
| Schechter Investment Advisors, LLC 0.00% of their portfolio | 39.3k $2.0k | Unchanged |
| Segantii Capital Management Ltd 0.03% of their portfolio | 26.8k $289.5k | Unchanged |
| GTS SECURITIES LLC 0.00% of their portfolio | 25.1k $1.4k | Unchanged |
| CLEAR STREET LLC 0.00% of their portfolio | 20.6k $1.2k | Reduced -500 |
| Meteora Capital, LLC 0.00% of their portfolio | 20.5k $1.0k | Reduced -20.5k |
| KIM, LLC 0.00% of their portfolio | 18.9k $1.1k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 10.0k $612 | Unchanged |
| UBS Group AG 0.00% of their portfolio | 91 $5 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |