Vault-13

INVESTCORP EUROPE ACQUISITIO IVCBF

CLASS A ORD SHS · Common Stock · CUSIP G4923T105

22 institutional holders -5 vs Q1 2024
9,166,6459.2m shares reported held*
$104.0mreported value*
3 new 5 added 8 reduced 8 sold out net sold ≈ $27.2m (-2.4m 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 ≈ $11.35.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 58Q4 22: 62Q1 23: 36Q2 23: 40Q3 23: 39Q4 23: 29Q1 24: 27Q2 24: 2222Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202258
Q4 202262
Q1 202336
Q2 202340
Q3 202339
Q4 202329
Q1 202427
Q2 202422

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 23 bought or addedQ4 22: 18 cut or sold outQ4 22Q1 23: 15 bought or addedQ1 23: 49 cut or sold outQ2 23: 16 bought or addedQ2 23: 17 cut or sold outQ2 23Q3 23: 8 bought or addedQ3 23: 11 cut or sold outQ4 23: 11 bought or addedQ4 23: 26 cut or sold outQ4 23Q1 24: 9 bought or addedQ1 24: 13 cut or sold outQ2 24: 8 bought or addedQ2 24: 16 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222318
Q1 20231549
Q2 20231617
Q3 2023811
Q4 20231126
Q1 2024913
Q2 2024816

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ3 23 calls: $326.4kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $0Q2 24 puts: $0Q2 24P/C —
Numbers
QuarterCallsPutsP/C
Q3 2023$326.4k$00.00
Q4 2023$0$0—
Q1 2024$0$0—
Q2 2024$0$0—

Biggest buyers

Meteora Capital, LLC Added +688,422+688.4k
FIFTH LANE CAPITAL, LP Added +473,036+473.0k
Flow State Investments, L.P. Added +250,169+250.2k
BLUEFIN CAPITAL MANAGEMENT, LLC New +200,000+200.0k
K2 PRINCIPAL FUND, L.P. New +163,006+163.0k
Shaolin Capital Management LLC Added +150,456+150.5k
Verition Fund Management LLC Added +54,516+54.5k
Virtu Financial LLC New +16,828+16.8k

Biggest sellers

BERKLEY W R CORP Reduced -900,086-900.1k
Centiva Capital, LP Sold out -842,304-842.3k
KIM, LLC Sold out -552,000-552.0k
First Trust Capital Management L.P. Reduced -475,641-475.6k
PICTON MAHONEY ASSET MANAGEMENT Sold out -371,957-372.0k
GLAZER CAPITAL, LLC Reduced -327,712-327.7k
MIZUHO SECURITIES USA LLC Reduced -310,001-310.0k
Bulldog Investors, LLP Sold out -154,932-154.9k
WOLVERINE ASSET MANAGEMENT LLC Reduced -127,790-127.8k
Polar Asset Management Partners Inc. Sold out -100,000-100.0k

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
Europe Acquisition Holdings Ltd 13G · exempt (held before listing) filed 2024-12-27 11.8% 2.1m 2024-12-27

Fell to 5% or below in the last year: METEORA CAPITAL, LLC (2.3%, 2026-10-07)

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Meteora Capital, LLC 4.21% of their portfolio Boca Raton, FL 1,993,6032.0m $22.6m $22.6m 4.21% Added +688.4k +688,422
2 Dryden Capital, LLC 16.18% of their portfolio MIAMI, FL 840,000840.0k $9.5m $9.5m 16.18% Unchanged
3 BERKLEY W R CORP 0.51% of their portfolio Greenwich, CT 802,587802.6k $9.1m $9.1m 0.51% Reduced -900.1k -900,086
4 GLAZER CAPITAL, LLC 0.66% of their portfolio New York, NY 749,900749.9k $8.5m $8.5m 0.66% Reduced -327.7k -327,712
5 FIFTH LANE CAPITAL, LP 16.72% of their portfolio Austin, TX 674,222674.2k $7.7m $7.7m 16.72% Added +473.0k +473,036
6 Westchester Capital Management, LLC 0.25% of their portfolio VALHALLA, NY 516,655516.7k $5.9m $5.9m 0.25% Unchanged
7 First Trust Capital Management L.P. 0.52% of their portfolio CHICAGO, IL 506,144506.1k $5.7m $5.7m 0.52% Reduced -475.6k -475,641
8 MIZUHO SECURITIES USA LLC 0.13% of their portfolio NEW YORK, NY 505,491505.5k $5.7m $5.7m 0.13% Reduced -310.0k -310,001
9 COWEN AND COMPANY, LLC 0.13% of their portfolio NEW YORK, NY 415,354415.4k $4.7m $4.7m 0.13% Reduced -2.6k -2,601
10 Shaolin Capital Management LLC 0.12% of their portfolio Miami, FL 350,456350.5k $4.0m $4.0m 0.12% Added +150.5k +150,456
11 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 303,041303.0k $3.4m $3.4m 0.03% Added +54.5k +54,516
12 Flow State Investments, L.P. 1.02% of their portfolio CHICAGO, IL 284,669284.7k $3.2m $3.2m 1.02% Added +250.2k +250,169
13 WOLVERINE ASSET MANAGEMENT LLC 0.05% of their portfolio CHICAGO, IL 240,734240.7k $2.7m $2.7m 0.05% Reduced -127.8k -127,790
14 Alpine Global Management, LLC 0.43% of their portfolio NEW YORK, NY 220,000220.0k $2.5m $2.5m 0.43% Reduced -80.0k -80,000
15 BLUEFIN CAPITAL MANAGEMENT, LLC 0.61% of their portfolio NEW YORK, NY 200,000200.0k $2.3m $2.3m 0.61% New
16 K2 PRINCIPAL FUND, L.P. 0.41% of their portfolio TORONTO, A6 163,006163.0k $1.9m $1.9m 0.41% New
17 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.05% of their portfolio CHICAGO, IL 156,317156.3k $1.8m $1.8m 0.05% Unchanged
18 LMR Partners LLP 0.02% of their portfolio LONDON, X0 100,000100.0k $1.1m $1.1m 0.02% Unchanged
19 Periscope Capital Inc. 0.31% of their portfolio Toronto, A6 75,00075.0k $851.2k $851.2k 0.31% Unchanged
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 52,63852.6k $597.4k $597.4k 0.00% Reduced -22.4k -22,448
21 Virtu Financial LLC 0.01% of their portfolio New York, NY 16,82816.8k $191.0k $191.0k 0.01% New
22 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged