Vault-13

PEARL HOLDINGS ACQUISITN COR

*W EXP 12/15/202 · CUSIP G44525114

31 institutional holders -2 vs Q4 2023
5,886,4075.9m shares reported held*
$1.1mreported value*
0 new 1 added 0 reduced 2 sold out net sold ≈ $577 (-14.2k 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 ≈ $0.19. Options: 4 managers hold calls ($4.2m notional), 0 hold puts (—).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 38Q4 22: 40Q1 23: 38Q2 23: 36Q3 23: 38Q4 23: 33Q1 24: 3131Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202238
Q4 202240
Q1 202338
Q2 202336
Q3 202338
Q4 202333
Q1 202431

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 6 bought or addedQ4 22: 4 cut or sold outQ4 22Q1 23: 5 bought or addedQ1 23: 9 cut or sold outQ1 23Q2 23: 4 bought or addedQ2 23: 12 cut or sold outQ2 23Q3 23: 7 bought or addedQ3 23: 3 cut or sold outQ3 23Q4 23: 8 bought or addedQ4 23: 8 cut or sold outQ4 23Q1 24: 1 bought or addedQ1 24: 2 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202264
Q1 202359
Q2 2023412
Q3 202373
Q4 202388
Q1 202412

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ2 23 calls: $4.2mQ2 23 puts: $3.0kQ2 23P/C 0.00Q3 23 calls: $4.2mQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $4.2mQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $4.2mQ1 24 puts: $0Q1 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2023$4.2m$3.0k0.00
Q3 2023$4.2m$00.00
Q4 2023$4.2m$00.00
Q1 2024$4.2m$00.00

Biggest buyers

CITADEL ADVISORS LLC Added +1,282+1.3k

Biggest sellers

StoneX Group Inc. Sold out -10,000-10.0k
ROBINSON CAPITAL MANAGEMENT, LLC Sold out -5,520-5.5k

Biggest calls

MARSHALL WACE, LLP Unchanged $4.2m388.3k shares
MILLENNIUM MANAGEMENT LLC Unchanged $5.2k130.4k shares
ATW SPAC MANAGEMENT LLC Unchanged $3.9k77.9k shares
CITIGROUP INC Unchanged $2.5k50.0k shares

Biggest puts

None

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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Periscope Capital Inc. 0.01% of their portfolio Toronto, A6 1,053,2011.1m $50.5k $50.5k 0.01% Unchanged
2 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 750,000750.0k $30.4k $30.4k 0.00% Unchanged
3 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio Boston, MA 600,000600.0k $24.0k $24.0k 0.00% Unchanged
4 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 500,000500.0k $25.8k $25.8k 0.00% Unchanged
5 Saba Capital Management, L.P. 0.00% of their portfolio NEW YORK, NY 477,255477.3k $19.3k $19.3k 0.00% Unchanged
6 ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio GREENWICH, CT 399,639399.6k $20.1k $20.1k 0.00% Unchanged
7 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 363,673363.7k $14.7k $14.7k 0.00% Unchanged
8 Polar Asset Management Partners Inc. 0.00% of their portfolio TORONTO, A6 350,000350.0k $17.6k $17.6k 0.00% Unchanged
9 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 274,500274.5k $11.1k $11.1k 0.00% Unchanged
10 Fort Baker Capital Management LP 0.00% of their portfolio Larkspur, CA 268,549268.5k $10.7k $10.7k 0.00% Unchanged
11 PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio Toronto, A6 200,000200.0k $10.0k $10.0k 0.00% Unchanged
12 COWEN AND COMPANY, LLC 0.00% of their portfolio NEW YORK, NY 153,775153.8k $6.2k $6.2k 0.00% Unchanged
13 Vestcor Inc 0.00% of their portfolio FREDERICTON, A3 150,000150.0k $8.0k $8.0k 0.00% Unchanged
14 Sculptor Capital LP 0.00% of their portfolio New York, NY 141,811141.8k $7.1k $7.1k 0.00% Unchanged
15 KIM, LLC 0.00% of their portfolio WICHITA, KS 135,000135.0k $5.4k $5.4k 0.00% Unchanged
16 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 133,413133.4k $5.3k $5.3k 0.00% Unchanged
17 Linden Advisors LP 0.00% of their portfolio New York, NY 121,999122.0k $6.3k $6.3k 0.00% Unchanged
18 Q Global Advisors, LLC 0.00% of their portfolio FORT WORTH, TX 115,271115.3k $5.0k $5.0k 0.00% Unchanged
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 110,020110.0k $4.5k $4.5k 0.00% Unchanged
20 Shaolin Capital Management LLC 0.00% of their portfolio Miami, FL 82,33082.3k $3.3k $3.3k 0.00% Unchanged
21 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 77,89377.9k $840.5k $840.5k 0.02% Unchanged
22 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 75,04575.0k $3.0k $3.0k 0.00% Unchanged
23 TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio NEW YORK, NY 37,50037.5k $1.5k $1.5k 0.00% Unchanged
24 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 37,14737.1k $1.5k $1.5k 0.00% Unchanged
25 Lynwood Capital Management Inc. 0.01% of their portfolio TORONTO, A6 30,00030.0k $1.2k $1.2k 0.01% Unchanged
26 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 25,43425.4k $1.0k $1.0k 0.00% Added +1.3k +1,282
27 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 25,00025.0k $1.3k $1.3k 0.00% Unchanged
28 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 25,00025.0k $1.0k $1.0k 0.00% Unchanged
29 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 20,37320.4k $0 $0 0.00% Unchanged
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 12,59912.6k $504 $504 0.00% Unchanged
31 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged