Vault-13

K&F GROWTH ACQUISITION CORP KFII

SHS CL A · Common Stock · CUSIP G52258111

49 institutional holders -2 vs Q1 2026
27,632,46927.6m shares reported held*
$291.6mreported value*
0 new 9 added 12 reduced 2 sold out net bought ≈ $2.5m (+240.6k 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 ≈ $10.55.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q1 25: 29Q2 25: 44Q3 25: 44Q4 25: 47Q1 26: 51Q2 26: 4949Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 202529
Q2 202544
Q3 202544
Q4 202547
Q1 202651
Q2 202649

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 25: 24 bought or addedQ2 25: 14 cut or sold outQ2 25Q3 25: 11 bought or addedQ3 25: 12 cut or sold outQ3 25Q4 25: 13 bought or addedQ4 25: 8 cut or sold outQ4 25Q1 26: 18 bought or addedQ1 26: 12 cut or sold outQ1 26Q2 26: 9 bought or addedQ2 26: 14 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q2 20252414
Q3 20251112
Q4 2025138
Q1 20261812
Q2 2026914

Calls vs puts

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

CallsPuts
$0$20k$40k$60kQ3 25 calls: $52.5kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$52.5k$00.00
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$0$0—

Biggest buyers

MIZUHO SECURITIES USA LLC Added +563,708+563.7k
HIGHBRIDGE CAPITAL MANAGEMENT LLC Added +512,064+512.1k
Quarry LP Added +98,500+98.5k
RLH Capital LLC Added +98,500+98.5k
BERKLEY W R CORP Added +49,301+49.3k
Parallax Volatility Advisers, L.P. Added +45,832+45.8k
PICTON MAHONEY ASSET MANAGEMENT Added +17,000+17.0k
AQR Arbitrage LLC Added +4,393+4.4k
Logan Stone Capital, LLC Added +99+99

Biggest sellers

HGC Investment Management Inc. Sold out -550,000-550.0k
Meteora Capital, LLC Reduced -228,100-228.1k
UBS Group AG Sold out -117,719-117.7k
Karpus Management, Inc. Reduced -72,100-72.1k
Schonfeld Strategic Advisors LLC Reduced -59,240-59.2k
Shaolin Capital Management LLC Reduced -54,074-54.1k
Jain Global LLC Reduced -50,368-50.4k
WOLVERINE ASSET MANAGEMENT LLC Reduced -5,995-6.0k
TORONTO DOMINION BANK Reduced -5,487-5.5k
DLD Asset Management, LP Reduced -3,000-3.0k

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
K&F Growth Acquisition LLC II 13D · may seek influence new · filed 2025-02-12
Stated purposeIn connection with the organization of the Issuer, on July 2, 2024, 9,583,333 Class B Ordinary Shares (the "Founder Shares") were purchased by the Sponsor for the amount of $25,000, pursuant to a Securities Subscription Agreement, dated as of July 2, 2024, by and between the Sponsor and the Issuer (the "Founder Share Purchase Agreement"), as more fully described in Item 6 of this Schedule 13D which information is incorporated herein by reference. On February 6, 2025, the underwriters elected to exercise their over-allotment option in full, resulting in the Sponsor holding an aggregate of 9,583,333 Founder Shares. On February 6, 2025, simultaneously with the consummation of the Issuer's Initial Public Offering (the "IPO"), the Sponsor purchased 495,447 units ("Placement Units") of the Issu… Full filing
 25.7% new 10.1m≈ $106.3m 2025-02-12
BARCLAYS PLC 13G · institution new · filed 2025-08-12 7.1% new 2.1m≈ $22.3m 2025-08-12

Fell to 5% or below in the last year: Westchester Capital Management, LLC (5.0%, 2026-05-15)

Insider purchases and sales since 1 Apr 2026

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 1 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20251$5.0m0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20260—0——

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 0.30% of their portfolio NEW YORK, NY 2,001,0002.0m $21.1m $21.1m 0.30% Unchanged
2 Westchester Capital Management, LLC 0.78% of their portfolio VALHALLA, NY 1,476,2681.5m $15.6m $15.6m 0.78% Unchanged
3 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,422,9091.4m $15.0m $15.0m 0.01% Unchanged
4 GLAZER CAPITAL, LLC 0.34% of their portfolio New York, NY 1,299,9991.3m $13.7m $13.7m 0.34% Reduced -1 -1
5 Hudson Bay Capital Management LP 0.06% of their portfolio STAMFORD, CT 1,257,0801.3m $13.3m $13.3m 0.06% Unchanged
6 Linden Advisors LP 0.07% of their portfolio New York, NY 1,250,0001.2m $13.2m $13.2m 0.07% Unchanged
7 Magnetar Financial LLC 0.12% of their portfolio EVANSTON, IL 1,250,0001.2m $13.2m $13.2m 0.12% Unchanged
8 Karpus Management, Inc. 0.38% of their portfolio Pittsford, NY 1,245,0371.2m $13.1m $13.1m 0.38% Reduced -72.1k -72,100
9 Alberta Investment Management Corp 0.08% of their portfolio EDMONTON, A0 1,237,5001.2m $13.1m $13.1m 0.08% Unchanged
10 BERKLEY W R CORP 0.58% of their portfolio Greenwich, CT 1,124,1561.1m $11.9m $11.9m 0.58% Added +49.3k +49,301
11 PICTON MAHONEY ASSET MANAGEMENT 0.10% of their portfolio Toronto, A6 1,017,0001.0m $10.7m $10.7m 0.10% Added +17.0k +17,000
12 AQR Arbitrage LLC 0.14% of their portfolio Greenwich, CT 955,997956.0k $10.1m $10.1m 0.14% Added +4.4k +4,393
13 WOLVERINE ASSET MANAGEMENT LLC 0.13% of their portfolio CHICAGO, IL 942,836942.8k $9.9m $9.9m 0.13% Reduced -6.0k -5,995
14 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 876,886876.9k $9.3m $9.3m 0.01% Unchanged
15 MIZUHO SECURITIES USA LLC 0.09% of their portfolio NEW YORK, NY 871,565871.6k $9.1m $9.1m 0.09% Added +563.7k +563,708
16 LMR Partners LLP 0.06% of their portfolio LONDON, X0 750,000750.0k $7.9m $7.9m 0.06% Unchanged
17 Radcliffe Capital Management, L.P. 0.54% of their portfolio BALA CYNWYD, PA 671,808671.8k $7.1m $7.1m 0.54% Unchanged
18 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.22% of their portfolio NEW YORK, NY 618,129618.1k $6.5m $6.5m 0.22% Added +512.1k +512,064
19 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 531,629531.6k $5.6m $5.6m 0.04% Reduced -2.5k -2,472
20 MOORE CAPITAL MANAGEMENT, LP 0.12% of their portfolio NEW YORK, NY 500,000500.0k $5.3m $5.3m 0.12% Unchanged
21 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 499,700499.7k $5.3m $5.3m 0.00% Unchanged
22 Shaolin Capital Management LLC 0.29% of their portfolio Miami, FL 492,340492.3k $5.2m $5.2m 0.29% Reduced -54.1k -54,074
23 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.24% of their portfolio WEST PALM BEACH, FL 484,329484.3k $5.1m $5.1m 0.24% Reduced -184 -184
24 Schonfeld Strategic Advisors LLC 0.03% of their portfolio NEW YORK, NY 480,000480.0k $5.1m $5.1m 0.03% Reduced -59.2k -59,240
25 MANGROVE PARTNERS IM, LLC 0.31% of their portfolio Greenwich, CT 450,000450.0k $4.7m $4.7m 0.31% Unchanged
26 Periscope Capital Inc. 0.63% of their portfolio Toronto, A6 375,000375.0k $4.0m $4.0m 0.63% Unchanged
27 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 344,513344.5k $3.6m $3.6m 0.01% Reduced -5.5k -5,487
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 338,138338.1k $3.6m $3.6m 0.00% Unchanged
29 Meteora Capital, LLC 0.23% of their portfolio Boca Raton, FL 266,728266.7k $2.8m $2.8m 0.23% Reduced -228.1k -228,100
30 Polar Asset Management Partners Inc. 0.05% of their portfolio TORONTO, A6 250,000250.0k $2.6m $2.6m 0.05% Unchanged
31 Centiva Capital, LP 0.09% of their portfolio New York, NY 250,000250.0k $2.6m $2.6m 0.09% Unchanged
32 L1 Global Manager Pty Ltd 2.14% of their portfolio Melbourne, C3 250,000250.0k $2.6m $2.6m 2.14% Unchanged
33 WHITEBOX ADVISORS LLC 0.04% of their portfolio MINNEAPOLIS, MN 225,000225.0k $2.4m $2.4m 0.04% Unchanged
34 Parallax Volatility Advisers, L.P. 0.09% of their portfolio San Francisco, CA 222,385222.4k $2.3m $2.3m 0.09% Added +45.8k +45,832
35 Jain Global LLC 0.03% of their portfolio NEW YORK, NY 202,269202.3k $2.1m $2.1m 0.03% Reduced -50.4k -50,368
36 Quarry LP 0.33% of their portfolio NEW YORK, NY 198,500198.5k $2.1m $2.1m 0.33% Added +98.5k +98,500
37 RLH Capital LLC 1.00% of their portfolio Great Neck, NY 198,500198.5k $2.1m $2.1m 1.00% Added +98.5k +98,500
38 GRITSTONE ASSET MANAGEMENT LLC 1.51% of their portfolio Bethesda, MD 148,743148.7k $1.6m $1.6m 1.51% Unchanged
39 DLD Asset Management, LP 0.13% of their portfolio NEW YORK, NY 148,135148.1k $1.6m $1.6m 0.13% Reduced -3.0k -3,000
40 SONA ASSET MANAGEMENT (US) LLC 0.04% of their portfolio NEW YORK, NY 107,873107.9k $1.1m $1.1m 0.04% Unchanged
41 First Trust Capital Management L.P. 0.06% of their portfolio CHICAGO, IL 102,342102.3k $1.1m $1.1m 0.06% Unchanged
42 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 83,57183.6k $882.5k $882.5k 0.00% Unchanged
43 Kepos Capital LP 0.72% of their portfolio NEW YORK, NY 50,00050.0k $528.0k $528.0k 0.72% Unchanged
44 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 47,02247.0k $496.1k $496.1k 0.00% Unchanged
45 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 39,07639.1k $412.6k $412.6k 0.00% Unchanged
46 Logan Stone Capital, LLC 0.09% of their portfolio CHICAGO, IL 38,22138.2k $403.2k $403.2k 0.09% Added +99 +99
47 ABC ARBITRAGE SA 0.03% of their portfolio PARIS, I0 25,00025.0k $263.8k $263.8k 0.03% Unchanged
48 ROBINSON CAPITAL MANAGEMENT, LLC 0.07% of their portfolio GROSSE POINTE FARMS, MI 15,25015.2k $161.0k $161.0k 0.07% Unchanged
49 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3535 $369 $369 0.00% Reduced -27 -27