Vault-13

FIFTH ERA ACQUISITION CORP I FERAU

UNIT 99/99/9999 · Unit · CUSIP G3415K127

15 institutional holders -29 vs Q1 2025
5,420,9895.4m shares reported held*
$56.4mreported value*
0 new 1 added 5 reduced 27 sold out net sold ≈ $150.2m (-14.4m 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 ≈ $10.40.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q1 25: 44Q2 25: 1515Q1 25Q2 25
Numbers
QuarterHolders
Q1 202544
Q2 202515

Biggest buyers

HGC Investment Management Inc. Added +10,000+10.0k

Biggest sellers

AQR Arbitrage LLC Sold out -1,782,582-1.8m
Magnetar Financial LLC Sold out -1,500,000-1.5m
TENOR CAPITAL MANAGEMENT Co., L.P. Sold out -1,500,000-1.5m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -1,500,000-1.5m
Shaolin Capital Management LLC Sold out -800,000-800.0k
Schonfeld Strategic Advisors LLC Sold out -750,000-750.0k
WHITEBOX ADVISORS LLC Sold out -750,000-750.0k
TWO SIGMA INVESTMENTS, LP Sold out -725,000-725.0k
Linden Advisors LP Sold out -500,000-500.0k
PICTON MAHONEY ASSET MANAGEMENT Sold out -500,000-500.0k

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
MMCAP International Inc. SPC 13G · passive investor no change · filed 2025-08-12 8.1% no change 1.9m 2025-08-12
TENOR CAPITAL MANAGEMENT Co., L.P. 13G · passive investor new · filed 2025-03-07 7.3% new 1.5m 2025-03-07
Magnetar Financial LLC 13G · institution new · filed 2025-05-09 6.4% new 1.5m 2025-05-09

Insider purchases and sales in Q2 2025

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
101Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 1 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20251$3.8m0——
Q2 20250—0——

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MMCAP International Inc. SPC 2.38% of their portfolio GRAND CAYMAN, E9 1,900,0001.9m $19.8m $19.8m 2.38% Unchanged
2 HGC Investment Management Inc. 3.33% of their portfolio TORONTO, A6 1,150,7601.2m $12.0m $12.0m 3.33% Added +10.0k +10,000
3 LMR Partners LLP 0.08% of their portfolio LONDON, X0 500,000500.0k $5.2m $5.2m 0.08% Unchanged
4 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 400,000400.0k $4.2m $4.2m 0.00% Reduced -200.0k -200,000
5 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.23% of their portfolio WEST PALM BEACH, FL 400,000400.0k $4.2m $4.2m 0.23% Unchanged
6 Context Capital Management, LLC 0.11% of their portfolio LAJOLLA, CA 300,000300.0k $3.1m $3.1m 0.11% Unchanged
7 CANTOR FITZGERALD, L. P. 0.06% of their portfolio NEW YORK, NY 220,000220.0k $2.3m $2.3m 0.06% Unchanged
8 GABELLI & Co INVESTMENT ADVISERS, INC. 0.28% of their portfolio Rye, NY 174,500174.5k $1.8m $1.8m 0.28% Unchanged
9 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 125,500125.5k $1.3m $1.3m 0.01% Unchanged
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 101,700101.7k $1.1m $1.1m 0.00% Reduced -55.5k -55,500
11 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 68,15068.2k $708.8k $708.8k 0.00% Reduced -281.9k -281,850
12 Bulldog Investors, LLP 0.18% of their portfolio SADDLE BROOK, NJ 67,17967.2k $698.7k $698.7k 0.18% Reduced -56.4k -56,448
13 PenderFund Capital Management Ltd. 0.02% of their portfolio VANCOUVER, A1 10,10010.1k $105.0k $105.0k 0.02% Unchanged
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,1003.1k $32.2k $32.2k 0.00% Reduced -200 -200
15 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged