Vault-13

THE GROWTH FOR GOOD ACQU COR

CLASS A ORD SHS · CUSIP G41522106

49 institutional holders +1 vs Q1 2023
24,124,65624.1m shares reported held*
$251.9mreported value*
8 new 5 added 8 reduced 6 sold out net sold ≈ $15.4m (-1.5m 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 ≈ $10.44. Options: 0 managers hold calls (— notional), 1 hold puts ($2.8m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 47Q4 22: 46Q1 23: 48Q2 23: 4949Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202247
Q4 202246
Q1 202348
Q2 202349

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 10 bought or addedQ4 22: 11 cut or sold outQ4 22Q1 23: 18 bought or addedQ1 23: 13 cut or sold outQ1 23Q2 23: 13 bought or addedQ2 23: 14 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221011
Q1 20231813
Q2 20231314

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 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: $2.8mQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$2.8m—

Biggest buyers

First Trust Capital Management L.P. New +1,487,388+1.5m
BANK OF MONTREAL /CAN/ Added +717,975+718.0k
COWEN AND COMPANY, LLC New +693,606+693.6k
Westchester Capital Management, LLC Added +248,118+248.1k
BERKLEY W R CORP Added +220,379+220.4k
Centiva Capital, LP New +150,870+150.9k
JPMORGAN CHASE & CO New +150,000+150.0k
Flow State Investments, L.P. New +125,000+125.0k
RPO LLC Added +11,022+11.0k
HRT FINANCIAL LP New +10,504+10.5k

Biggest sellers

HGC Investment Management Inc. Sold out -1,987,548-2.0m
Hudson Bay Capital Management LP Sold out -800,000-800.0k
Saba Capital Management, L.P. Reduced -717,975-718.0k
Shaolin Capital Management LLC Sold out -416,708-416.7k
KIM, LLC Sold out -375,000-375.0k
GLAZER CAPITAL, LLC Reduced -258,863-258.9k
Meteora Capital, LLC Reduced -221,824-221.8k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -212,519-212.5k
MIZUHO SECURITIES USA LLC Sold out -176,900-176.9k
AQR Arbitrage LLC Reduced -112,260-112.3k

Biggest calls

None

Biggest puts

Shaolin Capital Management LLC New $2.8m266.7k 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 GLAZER CAPITAL, LLC 1.53% of their portfolio New York, NY 2,212,2082.2m $23.1m $23.1m 1.53% Reduced -258.9k -258,863
2 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio Boston, MA 1,980,0002.0m $20.7m $20.7m 0.04% Unchanged
3 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,580,3611.6m $16.5m $16.5m 0.01% Added +718.0k +717,975
4 First Trust Capital Management L.P. 0.92% of their portfolio CHICAGO, IL 1,487,3881.5m $15.5m $15.5m 0.92% New
5 Saba Capital Management, L.P. 0.46% of their portfolio NEW YORK, NY 1,350,6361.4m $14.1m $14.1m 0.46% Reduced -718.0k -717,975
6 Polar Asset Management Partners Inc. 0.25% of their portfolio TORONTO, A6 1,200,0001.2m $12.5m $12.5m 0.25% Unchanged
7 Westchester Capital Management, LLC 0.42% of their portfolio VALHALLA, NY 1,169,2911.2m $12.2m $12.2m 0.42% Added +248.1k +248,118
8 PICTON MAHONEY ASSET MANAGEMENT 0.46% of their portfolio Toronto, A6 905,729905.7k $9.5m $9.5m 0.46% Unchanged
9 Radcliffe Capital Management, L.P. 0.76% of their portfolio BALA CYNWYD, PA 855,606855.6k $8.9m $8.9m 0.76% Reduced -875 -875
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 738,000738.0k $7.7m $7.7m 0.00% Unchanged
11 COWEN AND COMPANY, LLC 0.60% of their portfolio NEW YORK, NY 693,606693.6k $7.2m $7.2m 0.60% New
12 CANTOR FITZGERALD, L. P. 0.16% of their portfolio NEW YORK, NY 654,922654.9k $6.8m $6.8m 0.16% Unchanged
13 Periscope Capital Inc. 0.53% of their portfolio Toronto, A6 652,890652.9k $6.8m $6.8m 0.53% Unchanged
14 NOMURA HOLDINGS INC 0.07% of their portfolio TOKYO, M0 632,000632.0k $6.6m $6.6m 0.07% Unchanged
15 Magnetar Financial LLC 0.13% of their portfolio EVANSTON, IL 569,600569.6k $5.9m $5.9m 0.13% Unchanged
16 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 564,000564.0k $5.9m $5.9m 0.01% Unchanged
17 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 500,000500.0k $5.2m $5.2m 0.01% Unchanged
18 MOORE CAPITAL MANAGEMENT, LP 0.13% of their portfolio NEW YORK, NY 500,000500.0k $5.2m $5.2m 0.13% Unchanged
19 ARISTEIA CAPITAL, L.L.C. 0.18% of their portfolio GREENWICH, CT 485,474485.5k $5.1m $5.1m 0.18% Unchanged
20 AQR Arbitrage LLC 0.21% of their portfolio Greenwich, CT 472,348472.3k $4.9m $4.9m 0.21% Reduced -112.3k -112,260
21 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.10% of their portfolio CHICAGO, IL 453,158453.2k $4.7m $4.7m 0.10% Reduced -10.2k -10,214
22 Atlas Merchant Capital LLC 0.95% of their portfolio New York, NY 425,000425.0k $4.4m $4.4m 0.95% Unchanged
23 BERKLEY W R CORP 0.27% of their portfolio Greenwich, CT 423,789423.8k $4.4m $4.4m 0.27% Added +220.4k +220,379
24 Sage Rock Capital Management LP 5.08% of their portfolio NEW YORK, NY 399,000399.0k $4.2m $4.2m 5.08% Unchanged
25 Vestcor Inc 0.12% of their portfolio FREDERICTON, A3 325,000325.0k $3.4m $3.4m 0.12% Unchanged
26 Apollo Management Holdings, L.P. 0.03% of their portfolio New York, NY 300,000300.0k $3.1m $3.1m 0.03% Unchanged
27 Meteora Capital, LLC 0.50% of their portfolio Boca Raton, FL 258,613258.6k $2.7m $2.7m 0.50% Reduced -221.8k -221,824
28 Governors Lane LP 0.63% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.63% Unchanged
29 Mint Tower Capital Management B.V. 0.34% of their portfolio AMSTERDAM, P7 247,860247.9k $2.6m $2.6m 0.34% Unchanged
30 Sculptor Capital LP 0.06% of their portfolio New York, NY 224,100224.1k $2.3m $2.3m 0.06% Unchanged
31 WHITEBOX ADVISORS LLC 0.10% of their portfolio MINNEAPOLIS, MN 200,000200.0k $2.1m $2.1m 0.10% Unchanged
32 LMR Partners LLP 0.05% of their portfolio LONDON, X0 200,000200.0k $2.1m $2.1m 0.05% Unchanged
33 Exos TFP Holdings LLC 0.78% of their portfolio NEW YORK, NY 151,833151.8k $1.6m $1.6m 0.78% Unchanged
34 Centiva Capital, LP 0.08% of their portfolio New York, NY 150,870150.9k $1.6m $1.6m 0.08% New
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 150,000150.0k $1.6m $1.6m 0.00% New
36 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.08% of their portfolio WEST PALM BEACH, FL 149,998150.0k $1.6m $1.6m 0.08% Unchanged
37 Flow State Investments, L.P. 0.55% of their portfolio CHICAGO, IL 125,000125.0k $1.3m $1.3m 0.55% New
38 Lynwood Capital Management Inc. 1.39% of their portfolio TORONTO, A6 105,000105.0k $1.1m $1.1m 1.39% Unchanged
39 RPO LLC 1.08% of their portfolio Stamford, CT 101,719101.7k $1.1m $1.1m 1.08% Added +11.0k +11,022
40 Arena Capital Advisors, LLC- CA 2.79% of their portfolio LOS ANGELES, CA 80,00080.0k $835.2k $835.2k 2.79% Unchanged
41 Karpus Management, Inc. 0.02% of their portfolio Pittsford, NY 50,90050.9k $531.4k $531.4k 0.02% Reduced -3.6k -3,600
42 OMERS ADMINISTRATION Corp 0.01% of their portfolio TORONTO, A6 50,00050.0k $522.0k $522.0k 0.01% Unchanged
43 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 45,77445.8k $477.9k $477.9k 0.01% Reduced -212.5k -212,519
44 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 41,46641.5k $432.9k $432.9k 0.01% Added +3.8k +3,820
45 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 10,50410.5k $109.0k $109.0k 0.00% New
46 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 500500 $5.2k $5.2k 0.00% Unchanged
47 Coppell Advisory Solutions LLC 0.00% of their portfolio COPPELL, TX 420420 $8.9k $8.9k 0.00% New
48 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 9393 $971 $971 0.00% New
49 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged