Vault-13

KEEN VISION ACQUISITION CORP KVACF

SHS · Common Stock · CUSIP G52443119

38 institutional holders -1 vs Q1 2024
12,802,18512.8m shares reported held*
66.1% of all shares outstanding*
$135.7mreported value*
1 new 5 added 10 reduced 2 sold out net bought ≈ $11.3m (+1.1m 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 ($659.3k this quarter). Holder counts are more reliable. Shares outstanding: 19.4m as of 2024-07-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $10.60.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 23: 30Q4 23: 42Q1 24: 39Q2 24: 3838Q3 23Q4 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202330
Q4 202342
Q1 202439
Q2 202438

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 23: 19 bought or addedQ4 23: 8 cut or sold outQ4 23Q1 24: 13 bought or addedQ1 24: 17 cut or sold outQ1 24Q2 24: 6 bought or addedQ2 24: 12 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2023198
Q1 20241317
Q2 2024612

Biggest buyers

Polar Asset Management Partners Inc. Added +511,773+511.8k
BERKLEY W R CORP Added +469,903+469.9k
WOLVERINE ASSET MANAGEMENT LLC Added +436,792+436.8k
COWEN AND COMPANY, LLC Added +317,149+317.1k
PenderFund Capital Management Ltd. New +42,000+42.0k
Bulldog Investors, LLP Added +17,685+17.7k

Biggest sellers

Schechter Investment Advisors, LLC Reduced -318,375-318.4k
Flow State Investments, L.P. Reduced -100,000-100.0k
MIZUHO SECURITIES USA LLC Reduced -92,637-92.6k
Crystalline Management Inc. Sold out -60,000-60.0k
Periscope Capital Inc. Reduced -49,994-50.0k
CVI Holdings, LLC Reduced -38,425-38.4k
Virtu Financial LLC Reduced -22,982-23.0k
FIR TREE CAPITAL MANAGEMENT LP Reduced -18,305-18.3k
GLAZER CAPITAL, LLC Reduced -13,601-13.6k
STATE STREET CORP Sold out -10,100-10.1k

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
BERKLEY W R CORP 13G · institution -2.0 pts · filed 2025-11-10 7.7% -2.0 pts 714.0k≈ $4.8m 2025-11-10
MIZUHO FINANCIAL GROUP INC 13G · institution -3.6 pts · filed 2026-05-14 5.4% -3.6 pts 295.2k≈ $3.4m 2026-05-14

Fell to 5% or below in the last year: Karpus Management, Inc. (3.2%, 2026-02-06)

Insider purchases and sales in Q2 2024

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.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Trust Capital Management L.P. 1.39% of their portfolio CHICAGO, IL 1,441,0001.4m $15.2m $15.2m 1.39% Unchanged
2 Karpus Management, Inc. 0.32% of their portfolio Pittsford, NY 1,089,8351.1m $11.5m $11.5m 0.32% Reduced -550 -550
3 COWEN AND COMPANY, LLC 0.32% of their portfolio NEW YORK, NY 1,080,4631.1m $11.4m $11.4m 0.32% Added +317.1k +317,149
4 BERKLEY W R CORP 0.56% of their portfolio Greenwich, CT 952,209952.2k $10.1m $10.1m 0.56% Added +469.9k +469,903
5 Polar Asset Management Partners Inc. 0.24% of their portfolio TORONTO, A6 878,773878.8k $9.3m $9.3m 0.24% Added +511.8k +511,773
6 Westchester Capital Management, LLC 0.34% of their portfolio VALHALLA, NY 746,977747.0k $7.9m $7.9m 0.34% Unchanged
7 AQR Arbitrage LLC 0.19% of their portfolio Greenwich, CT 675,000675.0k $7.1m $7.1m 0.19% Unchanged
8 WOLVERINE ASSET MANAGEMENT LLC 0.13% of their portfolio CHICAGO, IL 659,549659.5k $7.0m $7.0m 0.13% Added +436.8k +436,792
9 TENOR CAPITAL MANAGEMENT Co., L.P. 0.09% of their portfolio NEW YORK, NY 513,600513.6k $5.4m $5.4m 0.09% Unchanged
10 Schechter Investment Advisors, LLC 0.40% of their portfolio BIRMINGHAM, MI 498,016498.0k $5.3m $5.3m 0.40% Reduced -318.4k -318,375
11 GLAZER CAPITAL, LLC 0.35% of their portfolio New York, NY 422,795422.8k $4.5m $4.5m 0.35% Reduced -13.6k -13,601
12 Periscope Capital Inc. 1.54% of their portfolio Toronto, A6 400,000400.0k $4.2m $4.2m 1.54% Reduced -50.0k -49,994
13 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 325,000325.0k $3.4m $3.4m 0.01% Unchanged
14 Flow State Investments, L.P. 1.09% of their portfolio CHICAGO, IL 325,000325.0k $3.4m $3.4m 1.09% Reduced -100.0k -100,000
15 Crossingbridge Advisors, LLC 1.96% of their portfolio PLEASANTVILLE, NY 312,367312.4k $3.3m $3.3m 1.96% Unchanged
16 Exos Asset Management LLC 3.70% of their portfolio NEW YORK, NY 305,600305.6k $3.2m $3.2m 3.70% Unchanged
17 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 260,000260.0k $2.8m $2.8m 0.02% Unchanged
18 BOOTHBAY FUND MANAGEMENT, LLC 0.08% of their portfolio NEW YORK, NY 233,187233.2k $2.5m $2.5m 0.08% Unchanged
19 ATW SPAC MANAGEMENT LLC 3.02% of their portfolio NEW YORK, NY 233,187233.2k $2.5m $2.5m 3.02% Unchanged
20 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 203,011203.0k $2.1m $2.1m 0.02% Unchanged
21 Bulldog Investors, LLP 0.61% of their portfolio SADDLE BROOK, NJ 154,241154.2k $1.6m $1.6m 0.61% Added +17.7k +17,685
22 MMCAP International Inc. SPC 0.22% of their portfolio GRAND CAYMAN, E9 150,000150.0k $1.6m $1.6m 0.22% Unchanged
23 Centiva Capital, LP 0.06% of their portfolio New York, NY 125,000125.0k $1.3m $1.3m 0.06% Unchanged
24 ARISTEIA CAPITAL, L.L.C. 0.04% of their portfolio GREENWICH, CT 100,000100.0k $1.1m $1.1m 0.04% Unchanged
25 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 100,000100.0k $1.1m $1.1m 0.01% Unchanged
26 CVI Holdings, LLC 0.89% of their portfolio WILMINGTON, DE 97,25997.3k $1.0m $1.0m 0.89% Reduced -38.4k -38,425
27 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 97,00097.0k $1.0m $1.0m 0.00% Unchanged
28 FIR TREE CAPITAL MANAGEMENT LP 0.69% of their portfolio New York, NY 91,35091.3k $968.3k $968.3k 0.69% Reduced -18.3k -18,305
29 WHITEBOX ADVISORS LLC 0.03% of their portfolio MINNEAPOLIS, MN 75,00075.0k $793.6k $793.6k 0.03% Unchanged
30 Wealthspring Capital LLC 0.77% of their portfolio WEST HARRISON, NY 62,30862.3k $659.3k $659.3k 0.77% Reduced -2.1k -2,052
31 MIZUHO SECURITIES USA LLC 0.01% of their portfolio NEW YORK, NY 57,36357.4k $606.3k $606.3k 0.01% Reduced -92.6k -92,637
32 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.02% of their portfolio WEST PALM BEACH, FL 48,40148.4k $512.1k $512.1k 0.02% Unchanged
33 Warberg Asset Management LLC 0.13% of their portfolio WINNETKA, IL 46,00046.0k $486.7k $486.7k 0.13% Unchanged
34 PenderFund Capital Management Ltd. 0.17% of their portfolio VANCOUVER, A1 42,00042.0k $608.0k $608.0k 0.17% New
35 Dakota Wealth Management 0.01% of their portfolio PALM BEACH GARDENS, FL 31,10031.1k $329.1k $329.1k 0.01% Unchanged
36 Virtu Financial LLC 0.02% of their portfolio New York, NY 21,50121.5k $228.0k $228.0k 0.02% Reduced -23.0k -22,982
37 TrueMark Investments, LLC 0.04% of their portfolio CHICAGO, IL 10,40110.4k $110.2k $110.2k 0.04% Unchanged
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged