Vault-13

FREEDOM ACQUISITION I CORP

SHS CL A · CUSIP G3663X110

33 institutional holders -8 vs Q1 2023
9,943,4169.9m shares reported held*
$107.6mreported value*
5 new 7 added 9 reduced 13 sold out net sold ≈ $17.3m (-1.6m 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 ≈ $10.82. Options: 0 managers hold calls (— notional), 1 hold puts ($1.5m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 74Q4 22: 72Q1 23: 41Q2 23: 3333Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202274
Q4 202272
Q1 202341
Q2 202333

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 20 bought or addedQ4 22: 21 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 52 cut or sold outQ1 23Q2 23: 12 bought or addedQ2 23: 22 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222021
Q1 20231652
Q2 20231222

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 22 calls: $60.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $61.7kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $1.5mQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$60.0k$00.00
Q4 2022$61.7k$00.00
Q1 2023$0$0—
Q2 2023$0$1.5m—

Biggest buyers

FIR TREE CAPITAL MANAGEMENT LP Added +712,411+712.4k
Potrero Capital Research LLC New +545,340+545.3k
Atlas Merchant Capital LLC Added +250,000+250.0k
BERKLEY W R CORP Added +220,777+220.8k
COWEN AND COMPANY, LLC New +102,500+102.5k
JPMORGAN CHASE & CO Added +100,000+100.0k
Spartan Fund Management Inc. Added +79,189+79.2k
D. E. Shaw & Co., Inc. New +61,300+61.3k
Virtu Financial LLC New +57,131+57.1k
BCK CAPITAL MANAGEMENT LP New +55,937+55.9k

Biggest sellers

MIZUHO SECURITIES USA LLC Sold out -786,710-786.7k
Meteora Capital, LLC Sold out -776,480-776.5k
BOOTHBAY FUND MANAGEMENT, LLC Sold out -404,686-404.7k
GLAZER CAPITAL, LLC Reduced -390,483-390.5k
First Trust Capital Management L.P. Sold out -313,405-313.4k
DEUTSCHE BANK AG\ Reduced -201,714-201.7k
CAAS CAPITAL MANAGEMENT LP Sold out -171,600-171.6k
Hudson Bay Capital Management LP Reduced -150,000-150.0k
LMR Partners LLP Sold out -150,000-150.0k
Saba Capital Management, L.P. Reduced -110,125-110.1k

Biggest calls

None

Biggest puts

Shaolin Capital Management LLC New $1.5m140.0k 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 FIR TREE CAPITAL MANAGEMENT LP 0.98% of their portfolio New York, NY 944,162944.2k $10.0m $10.0m 0.98% Added +712.4k +712,411
2 GLAZER CAPITAL, LLC 0.60% of their portfolio New York, NY 849,912849.9k $9.0m $9.0m 0.60% Reduced -390.5k -390,483
3 BERKLEY W R CORP 0.51% of their portfolio Greenwich, CT 800,968801.0k $8.5m $8.5m 0.51% Added +220.8k +220,777
4 Polar Asset Management Partners Inc. 0.14% of their portfolio TORONTO, A6 680,000680.0k $7.2m $7.2m 0.14% Unchanged
5 Westchester Capital Management, LLC 0.24% of their portfolio VALHALLA, NY 654,951655.0k $6.9m $6.9m 0.24% Unchanged
6 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 600,000600.0k $6.4m $6.4m 0.00% Reduced -201.7k -201,714
7 Potrero Capital Research LLC 3.68% of their portfolio SAN FRANCISCO, CA 545,340545.3k $5.8m $5.8m 3.68% New
8 Fort Baker Capital Management LP 0.77% of their portfolio Larkspur, CA 510,544510.5k $5.4m $5.4m 0.77% Unchanged
9 Periscope Capital Inc. 0.39% of their portfolio Toronto, A6 470,300470.3k $5.0m $5.0m 0.39% Added +38.9k +38,900
10 Atlas Merchant Capital LLC 1.02% of their portfolio New York, NY 450,000450.0k $4.8m $4.8m 1.02% Added +250.0k +250,000
11 CVI Holdings, LLC 4.63% of their portfolio WILMINGTON, DE 413,008413.0k $4.4m $4.4m 4.63% Reduced -47.3k -47,289
12 Radcliffe Capital Management, L.P. 0.37% of their portfolio BALA CYNWYD, PA 408,960409.0k $4.3m $4.3m 0.37% Reduced -100.0k -100,000
13 Spartan Fund Management Inc. 1.57% of their portfolio TORONTO, ONTARIO, Z4 405,040405.0k $6.5m $6.5m 1.57% Added +79.2k +79,189
14 Weiss Asset Management LP 0.43% of their portfolio BOSTON, MA 323,313323.3k $3.4m $3.4m 0.43% Unchanged
15 Saba Capital Management, L.P. 0.11% of their portfolio NEW YORK, NY 303,533303.5k $3.2m $3.2m 0.11% Reduced -110.1k -110,125
16 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 279,800279.8k $3.0m $3.0m 0.00% Reduced -55.4k -55,360
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 214,710214.7k $2.3m $2.3m 0.00% Added +100.0k +100,000
18 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 150,000150.0k $1.6m $1.6m 0.02% Reduced -150.0k -150,000
19 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.03% of their portfolio CHICAGO, IL 135,081135.1k $1.4m $1.4m 0.03% Reduced -1.7k -1,666
20 COWEN AND COMPANY, LLC 0.09% of their portfolio NEW YORK, NY 102,500102.5k $1.1m $1.1m 0.09% New
21 Crystalline Management Inc. 0.75% of their portfolio Montreal, Quebec, Z4 100,305100.3k $1.1m $1.1m 0.75% Added +44.4k +44,405
22 MOORE CAPITAL MANAGEMENT, LP 0.03% of their portfolio NEW YORK, NY 100,000100.0k $1.1m $1.1m 0.03% Unchanged
23 TENOR CAPITAL MANAGEMENT Co., L.P. 0.02% of their portfolio NEW YORK, NY 96,28896.3k $1.0m $1.0m 0.02% Unchanged
24 Castle Creek Arbitrage, LLC 0.11% of their portfolio AVON, CO 84,06884.1k $889.4k $889.4k 0.11% Unchanged
25 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 84,00284.0k $890.4k $890.4k 0.02% Unchanged
26 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 61,30061.3k $649.8k $649.8k 0.00% New
27 Virtu Financial LLC 0.05% of their portfolio New York, NY 57,13157.1k $606.0k $606.0k 0.05% New
28 BCK CAPITAL MANAGEMENT LP 0.45% of their portfolio STAMFORD, CT 55,93755.9k $592.9k $592.9k 0.45% New
29 Walleye Trading LLC 0.03% of their portfolio NEW YORK, NY 47,38847.4k $502.3k $502.3k 0.03% Unchanged
30 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 13,95914.0k $148.0k $148.0k 0.00% Unchanged
31 Elequin Capital, LP 0.00% of their portfolio NEW YORK, NY 500500 $5.3k $5.3k 0.00% Unchanged
32 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 416416 $4.4k $4.4k 0.00% Reduced -915 -915
33 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged