IRIS ACQUISITION CORP II IRAB.WS
*W EXP 08/15/203 · Equity WRT · CUSIP G4940M117
38
institutional holders
+12 vs Q1 2026
6.9m
shares reported held*
$1.7mreported value*
12 new
4 added
4 reduced
0 sold out
net bought ≈ $560.4k (+2.2m 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 ≈ $0.25. Options: 1 managers hold calls ($53.1k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2026 | 26 |
| Q2 2026 | 38 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $0 | $0 | — |
| Q2 2026 | $53.1k | $0 | 0.00 |
Biggest buyers
| ARISTEIA CAPITAL, L.L.C. | New | +579.9k |
| Magnetar Financial LLC | New | +300.0k |
| MMCAP International Inc. SPC | New | +300.0k |
| AQR Arbitrage LLC | New | +292.6k |
| Alberta Investment Management Corp | New | +200.0k |
| Lineage Point Capital LP | Added | +136.1k |
| Cable Car Capital, LP | New | +112.5k |
| Lepercq De Neuflize Asset Management LLC | New | +100.0k |
| PICTON MAHONEY ASSET MANAGEMENT | New | +87.5k |
| HEIGHTS CAPITAL MANAGEMENT, INC | New | +76.8k |
Biggest sellers
| Centiva Capital, LP | Reduced | -70.0k |
| Clear Street Group Inc. | Reduced | -24.5k |
| ROYAL BANK OF CANADA | Reduced | -4.9k |
| BERKLEY W R CORP | Reduced | -2.9k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | New | $53.1k212.5k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 675.0k $168.8k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 579.9k $136.3k | New |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 500.0k $125.0k | Unchanged |
| SONA ASSET MANAGEMENT (US) LLC 0.00% of their portfolio | 425.0k $106.2k | Unchanged |
| Linden Advisors LP 0.00% of their portfolio | 400.0k $94.0k | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 400.0k $100.0k | Unchanged |
| Decagon Asset Management LLP 0.02% of their portfolio | 353.2k $88.3k | Added +67.5k |
| MMCAP International Inc. SPC 0.01% of their portfolio | 300.0k $75.0k | New |
| Magnetar Financial LLC 0.00% of their portfolio | 300.0k $70.5k | New |
| AQR Arbitrage LLC 0.00% of their portfolio | 292.6k $73.1k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 273.3k $64.2k | Unchanged |
| Lineage Point Capital LP 0.01% of their portfolio | 246.1k $61.5k | Added +136.1k |
| Alberta Investment Management Corp 0.00% of their portfolio | 200.0k $50.0k | New |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 187.6k $46.9k | Unchanged |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 183.1k $45.8k | Added +52.6k |
| Verition Fund Management LLC 0.00% of their portfolio | 168.0k $42.0k | Unchanged |
| Shaolin Capital Management LLC 0.00% of their portfolio | 153.0k $38.2k | Added +3.0k |
| Radcliffe Capital Management, L.P. 0.00% of their portfolio | 149.8k $35.2k | Unchanged |
| Context Capital Management, LLC 0.00% of their portfolio | 125.0k $31.2k | Unchanged |
| HGC Investment Management Inc. 0.01% of their portfolio | 125.0k $31.2k | Unchanged |
| Periscope Capital Inc. 0.00% of their portfolio | 120.5k $28.3k | Unchanged |
| Cable Car Capital, LP 0.00% of their portfolio | 112.5k $26.4k | New |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 100.0k $25.4k | Unchanged |
| Lepercq De Neuflize Asset Management LLC 0.02% of their portfolio | 100.0k $25.0k | New |
| PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio | 87.5k $21.9k | New |
| HEIGHTS CAPITAL MANAGEMENT, INC 0.00% of their portfolio | 76.8k $19.2k | New |
| Mint Tower Capital Management B.V. 0.00% of their portfolio | 75.0k $19.0k | Unchanged |
| Clear Street Group Inc. 0.00% of their portfolio | 70.7k $17.7k | Reduced -24.5k |
| Centiva Capital, LP 0.00% of their portfolio | 55.4k $13.8k | Reduced -70.0k |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 50.0k $12.5k | Unchanged |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 49.5k $12.4k | Unchanged |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 39.8k $9.4k | Unchanged |
| MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio | 25.0k $6.2k | Unchanged |
| BERKLEY W R CORP 0.00% of their portfolio | 21.9k $5.2k | Reduced -2.9k |
| DLD Asset Management, LP 0.00% of their portfolio | 18.0k $4.5k | New |
| CSS LLC/IL 0.00% of their portfolio | 12.5k $3.1k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 5.1k $1.0k | Reduced -4.9k |
| TORONTO DOMINION BANK 0.00% of their portfolio | 2.5k $630 | New |