Vault-13

GRAF GLOBAL CORP TONT

ORD SHS CL A · Common Stock · CUSIP G4036C106

39 institutional holders +8 vs Q3 2024
19,106,97719.1m shares reported held*
$192.8mreported value*
14 new 3 added 8 reduced 7 sold out net bought ≈ $48.8m (+4.8m 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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.09.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 24: 31Q4 24: 3939Q3 24Q4 24
Numbers
QuarterHolders
Q3 202431
Q4 202439

Biggest buyers

Linden Advisors LP New +1,500,000+1.5m
RIVERNORTH CAPITAL MANAGEMENT, LLC New +1,100,000+1.1m
LMR Partners LLP New +980,000+980.0k
D. E. Shaw & Co., Inc. Added +861,038+861.0k
Bulldog Investors, LLP New +298,006+298.0k
WOLVERINE ASSET MANAGEMENT LLC Added +251,975+252.0k
WHITEBOX ADVISORS LLC New +250,000+250.0k
Periscope Capital Inc. New +225,000+225.0k
TORONTO DOMINION BANK New +219,797+219.8k
Schonfeld Strategic Advisors LLC New +100,000+100.0k

Biggest sellers

Parallax Volatility Advisers, L.P. Sold out -344,726-344.7k
Shaolin Capital Management LLC Sold out -150,000-150.0k
COWEN AND COMPANY, LLC Sold out -120,000-120.0k
Crossingbridge Advisors, LLC Sold out -118,694-118.7k
Schechter Investment Advisors, LLC Reduced -94,310-94.3k
Kepos Capital LP Reduced -70,000-70.0k
Verition Fund Management LLC Reduced -48,833-48.8k
Spartan Fund Management Inc. Sold out -44,687-44.7k
AQR Arbitrage LLC Reduced -40,596-40.6k
Tuttle Capital Management, LLC Sold out -40,000-40.0k

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
Fort Baker Capital Management LP 13G · institution +2.4 pts · filed 2026-08-14 8.9% +2.4 pts 1.3m≈ $13.6m 2026-08-14
BARCLAYS PLC 13G · institution +2.7 pts · filed 2026-05-14 7.0% +2.7 pts 1.6m≈ $17.5m 2026-05-14
METEORA CAPITAL, LLC 13G · institution new · filed 2026-08-14 7.0% new 988.7k 2026-08-14
LMR Partners LLP 13G · institution new · filed 2026-08-14 6.9% new 980.0k≈ $10.6m 2026-08-14
Magnetar Financial LLC 13G · institution filed 2026-08-13 6.0% 850.0k≈ $9.2m 2026-08-13
Polar Asset Management Partners Inc. 13G · institution +2.1 pts · filed 2026-08-14 5.6% +2.1 pts 800.0k≈ $8.7m 2026-08-14

Fell to 5% or below in the last year: Harraden Circle Investments, LLC (2.0%, 2026-09-08), HIGHBRIDGE CAPITAL MANAGEMENT LLC (0.0%, 2026-08-14), Linden Capital L.P. (0.0%, 2026-08-14), AQR CAPITAL MANAGEMENT LLC (0.0%, 2026-08-13), GOLDMAN SACHS GROUP INC (4.8%, 2026-08-11), First Trust Capital Management L.P. (4.5%, 2026-05-15)

Insider purchases and sales in Q4 2024

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.

None reported in Q4 2024.

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Trust Capital Management L.P. 1.60% of their portfolio CHICAGO, IL 2,073,9162.1m $20.9m $20.9m 1.60% Unchanged
2 AQR Arbitrage LLC 0.37% of their portfolio Greenwich, CT 1,533,3781.5m $15.5m $15.5m 0.37% Reduced -40.6k -40,596
3 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.58% of their portfolio NEW YORK, NY 1,500,0001.5m $15.1m $15.1m 0.58% Unchanged
4 Linden Advisors LP 0.13% of their portfolio New York, NY 1,500,0001.5m $15.1m $15.1m 0.13% New
5 Polar Asset Management Partners Inc. 0.22% of their portfolio TORONTO, A6 1,500,0001.5m $15.1m $15.1m 0.22% Unchanged
6 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.53% of their portfolio WEST PALM BEACH, FL 1,100,0001.1m $11.1m $11.1m 0.53% New
7 PICTON MAHONEY ASSET MANAGEMENT 0.38% of their portfolio Toronto, A6 1,004,2801.0m $10.1m $10.1m 0.38% Unchanged
8 LMR Partners LLP 0.17% of their portfolio LONDON, X0 980,000980.0k $9.9m $9.9m 0.17% New
9 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 972,579972.6k $9.8m $9.8m 0.01% Added +861.0k +861,038
10 MMCAP International Inc. SPC 1.26% of their portfolio GRAND CAYMAN, E9 830,000830.0k $8.4m $8.4m 1.26% Unchanged
11 Schechter Investment Advisors, LLC 0.53% of their portfolio BIRMINGHAM, MI 688,320688.3k $6.9m $6.9m 0.53% Reduced -94.3k -94,310
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 676,022676.0k $6.8m $6.8m 0.00% Unchanged
13 ARISTEIA CAPITAL, L.L.C. 0.22% of their portfolio GREENWICH, CT 600,000600.0k $6.1m $6.1m 0.22% Unchanged
14 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 500,000500.0k $5.0m $5.0m 0.01% Unchanged
15 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 451,072451.1k $4.6m $4.6m 0.02% Reduced -48.8k -48,833
16 TENOR CAPITAL MANAGEMENT Co., L.P. 0.06% of their portfolio NEW YORK, NY 400,000400.0k $4.0m $4.0m 0.06% Unchanged
17 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 351,180351.2k $3.5m $3.5m 0.02% Reduced -1 -1
18 WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio CHICAGO, IL 315,465315.5k $3.2m $3.2m 0.06% Added +252.0k +251,975
19 Bulldog Investors, LLP 0.79% of their portfolio SADDLE BROOK, NJ 298,006298.0k $3.0m $3.0m 0.79% New
20 WHITEBOX ADVISORS LLC 0.09% of their portfolio MINNEAPOLIS, MN 250,000250.0k $2.5m $2.5m 0.09% New
21 BERKLEY W R CORP 0.14% of their portfolio Greenwich, CT 248,226248.2k $2.5m $2.5m 0.14% Unchanged
22 Karpus Management, Inc. 0.07% of their portfolio Pittsford, NY 247,375247.4k $2.5m $2.5m 0.07% Added +63.3k +63,275
23 Periscope Capital Inc. 1.61% of their portfolio Toronto, A6 225,000225.0k $2.3m $2.3m 1.61% New
24 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 219,797219.8k $2.2m $2.2m 0.00% New
25 GRITSTONE ASSET MANAGEMENT LLC 1.93% of their portfolio Bethesda, MD 180,966181.0k $1.8m $1.8m 1.93% First filing
26 Wealthspring Capital LLC 2.42% of their portfolio WEST HARRISON, NY 158,900158.9k $1.6m $1.6m 2.42% Reduced -27.8k -27,800
27 DELTEC ASSET MANAGEMENT LLC 0.20% of their portfolio New York, NY 100,000100.0k $1.0m $1.0m 0.20% Unchanged
28 MOORE CAPITAL MANAGEMENT, LP 0.02% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.02% Unchanged
29 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.01% New
30 FIR TREE CAPITAL MANAGEMENT LP 0.73% of their portfolio New York, NY 30,88530.9k $311.6k $311.6k 0.73% Reduced -290 -290
31 Kepos Capital LP 0.26% of their portfolio NEW YORK, NY 30,00030.0k $303.0k $303.0k 0.26% Reduced -70.0k -70,000
32 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 27,99028.0k $282.4k $282.4k 0.02% New
33 TrueMark Investments, LLC 0.06% of their portfolio CHICAGO, IL 20,00020.0k $201.8k $201.8k 0.06% New
34 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 19,67019.7k $198.5k $198.5k 0.00% New
35 ROBINSON CAPITAL MANAGEMENT, LLC 0.05% of their portfolio GROSSE POINTE FARMS, MI 12,25012.2k $123.6k $123.6k 0.05% New
36 CONDOR CAPITAL MANAGEMENT 0.01% of their portfolio MARTINSVILLE, NJ 10,50010.5k $105.9k $105.9k 0.01% Reduced -4.1k -4,100
37 PenderFund Capital Management Ltd. 0.03% of their portfolio VANCOUVER, A1 10,00010.0k $144.8k $144.8k 0.03% New
38 Westchester Capital Management, LLC 0.00% of their portfolio VALHALLA, NY 100100 $1.0k $1.0k 0.00% New
39 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged