Vault-13

GENERATION ASIA I ACQUISITIO

CL A ORD SHS · CUSIP G38258102

43 institutional holders +5 vs Q1 2023
19,686,76019.7m shares reported held*
$206.0mreported value*
10 new 4 added 8 reduced 5 sold out net bought ≈ $16.5m (+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 ≈ $10.47. Options: 0 managers hold calls (— notional), 1 hold puts ($7.9m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 24Q4 22: 28Q1 23: 38Q2 23: 4343Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202224
Q4 202228
Q1 202338
Q2 202343

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 9 bought or addedQ4 22: 5 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 7 cut or sold outQ1 23Q2 23: 14 bought or addedQ2 23: 13 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202295
Q1 2023167
Q2 20231413

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $7.9mQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$7.9m—

Biggest buyers

Apollo Management Holdings, L.P. New +1,980,000+2.0m
MIZUHO SECURITIES USA LLC New +683,414+683.4k
Corbin Capital Partners, L.P. New +370,854+370.9k
Atlas Merchant Capital LLC New +325,000+325.0k
WOLVERINE ASSET MANAGEMENT LLC New +260,600+260.6k
Quarry LP New +258,214+258.2k
Hudson Bay Capital Management LP Added +240,000+240.0k
FIR TREE CAPITAL MANAGEMENT LP Added +217,000+217.0k
Castle Creek Arbitrage, LLC New +200,000+200.0k
Verition Fund Management LLC New +150,000+150.0k

Biggest sellers

First Trust Capital Management L.P. Sold out -924,234-924.2k
Shaolin Capital Management LLC Sold out -750,000-750.0k
AQR Arbitrage LLC Reduced -554,365-554.4k
CITIGROUP INC Sold out -400,437-400.4k
Radcliffe Capital Management, L.P. Reduced -255,075-255.1k
Periscope Capital Inc. Reduced -209,915-209.9k
KIM, LLC Reduced -100,000-100.0k
Cohanzick Management, LLC Reduced -27,297-27.3k
TWO SIGMA SECURITIES, LLC Sold out -11,752-11.8k
Ergoteles LLC Reduced -10,000-10.0k

Biggest calls

None

Biggest puts

Shaolin Capital Management LLC New $7.9m750.0k 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.

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
METEORA CAPITAL, LLC 13G · institution filed 2025-02-14 12.9% 699.7k 2025-02-14

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 P SCHOENFELD ASSET MANAGEMENT LP 2.83% of their portfolio NEW YORK, NY 1,980,0002.0m $20.8m $20.8m 2.83% Unchanged
2 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.44% of their portfolio CHICAGO, IL 1,980,0002.0m $20.8m $20.8m 0.44% Unchanged
3 Apollo Management Holdings, L.P. 0.22% of their portfolio New York, NY 1,980,0002.0m $20.8m $20.8m 0.22% New
4 ARISTEIA CAPITAL, L.L.C. 0.72% of their portfolio GREENWICH, CT 1,968,4062.0m $20.7m $20.7m 0.72% Unchanged
5 Atalaya Capital Management LP 8.23% of their portfolio NEW YORK, NY 1,609,1461.6m $16.9m $16.9m 8.23% Unchanged
6 Periscope Capital Inc. 0.82% of their portfolio Toronto, A6 1,000,0001.0m $10.5m $10.5m 0.82% Reduced -209.9k -209,915
7 Polar Asset Management Partners Inc. 0.21% of their portfolio TORONTO, A6 990,000990.0k $10.4m $10.4m 0.21% Unchanged
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 775,026775.0k $8.2m $8.2m 0.00% Unchanged
9 MIZUHO SECURITIES USA LLC 0.24% of their portfolio NEW YORK, NY 683,414683.4k $7.2m $7.2m 0.24% New
10 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 500,000500.0k $5.3m $5.3m 0.03% Unchanged
11 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 499,998500.0k $5.3m $5.3m 0.01% Unchanged
12 FIR TREE CAPITAL MANAGEMENT LP 0.43% of their portfolio New York, NY 415,182415.2k $4.4m $4.4m 0.43% Added +217.0k +217,000
13 Karpus Management, Inc. 0.13% of their portfolio Pittsford, NY 401,175401.2k $4.2m $4.2m 0.13% Unchanged
14 Radcliffe Capital Management, L.P. 0.36% of their portfolio BALA CYNWYD, PA 400,000400.0k $4.2m $4.2m 0.36% Reduced -255.1k -255,075
15 KIM, LLC 0.36% of their portfolio WICHITA, KS 400,000400.0k $4.2m $4.2m 0.36% Reduced -100.0k -100,000
16 Saba Capital Management, L.P. 0.13% of their portfolio NEW YORK, NY 373,322373.3k $3.9m $3.9m 0.13% Unchanged
17 Corbin Capital Partners, L.P. 3.60% of their portfolio NEW YORK, NY 370,854370.9k $3.9m $3.9m 3.60% New
18 Westchester Capital Management, LLC 0.12% of their portfolio VALHALLA, NY 325,000325.0k $3.4m $3.4m 0.12% Unchanged
19 Atlas Merchant Capital LLC 0.73% of their portfolio New York, NY 325,000325.0k $3.4m $3.4m 0.73% New
20 Hudson Bay Capital Management LP 0.03% of their portfolio STAMFORD, CT 300,000300.0k $3.2m $3.2m 0.03% Added +240.0k +240,000
21 BERKLEY W R CORP 0.18% of their portfolio Greenwich, CT 282,889282.9k $3.0m $3.0m 0.18% Added +11.8k +11,779
22 WOLVERINE ASSET MANAGEMENT LLC 0.05% of their portfolio CHICAGO, IL 260,600260.6k $2.7m $2.7m 0.05% New
23 Quarry LP 1.76% of their portfolio NEW YORK, NY 258,214258.2k $2.7m $2.7m 1.76% New
24 Magnetar Financial LLC 0.05% of their portfolio EVANSTON, IL 210,100210.1k $2.2m $2.2m 0.05% Unchanged
25 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 200,000200.0k $2.1m $2.1m 0.00% Unchanged
26 Castle Creek Arbitrage, LLC 0.26% of their portfolio AVON, CO 200,000200.0k $2.1m $2.1m 0.26% New
27 Cohanzick Management, LLC 2.16% of their portfolio Pleasantville, NY 185,203185.2k $1.9m $1.9m 2.16% Reduced -27.3k -27,297
28 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 150,000150.0k $1.6m $1.6m 0.02% New
29 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 125,000125.0k $1.3m $1.3m 0.08% Unchanged
30 K2 PRINCIPAL FUND, L.P. 0.34% of their portfolio TORONTO, A6 100,700100.7k $1.1m $1.1m 0.34% New
31 Athos Capital Ltd 1.24% of their portfolio HONG KONG, K3 100,000100.0k $1.1k $1.1k 1.24% Unchanged
32 Flow State Investments, L.P. 0.42% of their portfolio CHICAGO, IL 94,70094.7k $996.2k $996.2k 0.42% Reduced -5.3k -5,300
33 Weiss Asset Management LP 0.11% of their portfolio BOSTON, MA 80,00080.0k $841.6k $841.6k 0.11% Unchanged
34 AQR Arbitrage LLC 0.02% of their portfolio Greenwich, CT 52,25352.3k $549.7k $549.7k 0.02% Reduced -554.4k -554,365
35 OMERS ADMINISTRATION Corp 0.01% of their portfolio TORONTO, A6 40,00040.0k $420.8k $420.8k 0.01% Unchanged
36 CLEAR STREET LLC 0.01% of their portfolio NEW YORK, NY 31,31631.3k $329.4k $329.4k 0.01% Added +30.9k +30,916
37 Ergoteles LLC 0.01% of their portfolio NEW YORK, NY 14,00014.0k $147.3k $147.3k 0.01% Reduced -10.0k -10,000
38 Virtu Financial LLC 0.01% of their portfolio New York, NY 10,58310.6k $111.0k $111.0k 0.01% Reduced -6.8k -6,839
39 Sea Otter Advisors LLC 0.08% of their portfolio Miami, FL 10,00010.0k $105.2k $105.2k 0.08% Unchanged
40 Elequin Capital, LP 0.02% of their portfolio NEW YORK, NY 4,0004.0k $42.1k $42.1k 0.02% Unchanged
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 599599 $6.3k $6.3k 0.00% Unchanged
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8080 $1.0k $1.0k 0.00% New
43 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged