Vault-13

EVERGREEN CORPORATION

CLASS A ORD SHS · CUSIP G3312W109

21 institutional holders -1 vs Q3 2024
4,138,6714.1m shares reported held*
$49.1mreported value*
1 new 4 added 5 reduced 3 sold out net sold ≈ $5.6m (-467.6k 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 ≈ $11.87.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 28Q4 22: 29Q1 23: 33Q2 23: 41Q3 23: 27Q4 23: 29Q1 24: 25Q2 24: 17Q3 24: 22Q4 24: 2121Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202228
Q4 202229
Q1 202333
Q2 202341
Q3 202327
Q4 202329
Q1 202425
Q2 202417
Q3 202422
Q4 202421

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 23: 11 bought or addedQ1 23: 7 cut or sold outQ2 23: 18 bought or addedQ2 23: 13 cut or sold outQ2 23Q3 23: 12 bought or addedQ3 23: 26 cut or sold outQ4 23: 11 bought or addedQ4 23: 11 cut or sold outQ4 23Q1 24: 6 bought or addedQ1 24: 12 cut or sold outQ2 24: 5 bought or addedQ2 24: 16 cut or sold outQ2 24Q3 24: 8 bought or addedQ3 24: 9 cut or sold outQ4 24: 5 bought or addedQ4 24: 8 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023117
Q2 20231813
Q3 20231226
Q4 20231111
Q1 2024612
Q2 2024516
Q3 202489
Q4 202458

Biggest buyers

TORONTO DOMINION BANK New +348,000+348.0k
Meteora Capital, LLC Added +88,915+88.9k
Quarry LP Added +3,500+3.5k
Spartan Fund Management Inc. Added +250+250
UBS Group AG Added +96+96

Biggest sellers

First Trust Capital Management L.P. Sold out -419,756-419.8k
COWEN AND COMPANY, LLC Sold out -225,000-225.0k
FIR TREE CAPITAL MANAGEMENT LP Reduced -207,239-207.2k
K2 PRINCIPAL FUND, L.P. Sold out -23,599-23.6k
WOLVERINE ASSET MANAGEMENT LLC Reduced -14,518-14.5k
MIZUHO SECURITIES USA LLC Reduced -11,416-11.4k
GLAZER CAPITAL, LLC Reduced -5,580-5.6k
Karpus Management, Inc. Reduced -1,250-1.2k

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
CALAMOS INVESTMENT TRUST/IL 13G · exempt (held before listing) +8.6 pts · filed 2025-04-04 18.2% +8.6 pts 500.0k 2025-04-04
METEORA CAPITAL, LLC 13G · institution -0.9 pts · filed 2025-08-14 14.6% -0.9 pts 400.5k 2025-08-14
Hudson Bay Capital Management LP 13G · institution new · filed 2025-05-14 7.3% new 201.2k 2025-05-14
GLAZER CAPITAL, LLC 13G · institution filed 2025-05-15 7.3% 200.0k 2025-05-15

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 500,000500.0k $5.9m $5.9m 0.03% Unchanged
2 GLAZER CAPITAL, LLC 0.38% of their portfolio New York, NY 476,644476.6k $5.7m $5.7m 0.38% Reduced -5.6k -5,580
3 Meteora Capital, LLC 1.93% of their portfolio Boca Raton, FL 452,010452.0k $5.4m $5.4m 1.93% Added +88.9k +88,915
4 WOLVERINE ASSET MANAGEMENT LLC 0.09% of their portfolio CHICAGO, IL 420,694420.7k $5.0m $5.0m 0.09% Reduced -14.5k -14,518
5 MIZUHO SECURITIES USA LLC 0.09% of their portfolio NEW YORK, NY 418,896418.9k $4.9m $4.9m 0.09% Reduced -11.4k -11,416
6 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 348,000348.0k $4.1m $4.1m 0.01% New
7 Westchester Capital Management, LLC 0.17% of their portfolio VALHALLA, NY 250,000250.0k $3.0m $3.0m 0.17% Unchanged
8 BERKLEY W R CORP 0.17% of their portfolio Greenwich, CT 248,673248.7k $3.0m $3.0m 0.17% Unchanged
9 Hudson Bay Capital Management LP 0.01% of their portfolio STAMFORD, CT 201,161201.2k $2.4m $2.4m 0.01% Unchanged
10 Harraden Circle Investments, LLC 1.89% of their portfolio NEW YORK, NY 200,025200.0k $2.4m $2.4m 1.89% First filing
11 Quarry LP 0.36% of their portfolio NEW YORK, NY 152,093152.1k $1.8m $1.8m 0.36% Added +3.5k +3,500
12 FIR TREE CAPITAL MANAGEMENT LP 3.98% of their portfolio New York, NY 142,761142.8k $1.7m $1.7m 3.98% Reduced -207.2k -207,239
13 Logan Stone Capital, LLC 0.54% of their portfolio CHICAGO, IL 136,442136.4k $1.6m $1.6m 0.54% Unchanged
14 Spartan Fund Management Inc. 2.06% of their portfolio TORONTO, ONTARIO, Z4 51,84551.8k $615.9k $615.9k 2.06% Added +250 +250
15 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 50,00050.0k $594.0k $594.0k 0.00% Unchanged
16 BCK CAPITAL MANAGEMENT LP 0.40% of their portfolio STAMFORD, CT 46,41846.4k $551.4k $551.4k 0.40% Unchanged
17 Karpus Management, Inc. 0.01% of their portfolio Pittsford, NY 42,10042.1k $500.1k $500.1k 0.01% Reduced -1.2k -1,250
18 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 600600 $7.1k $7.1k 0.00% Unchanged
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 212212 $2.5k $2.5k 0.00% Unchanged
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 9797 $1.2k $1.2k 0.00% Added +96 +96
21 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged