Vault-13

KEEN VISION ACQUISITION CORP KVACF

SHS · Common Stock · CUSIP G52443119

21 institutional holders +1 vs Q4 2024
5,740,0465.7m shares reported held*
53.0% of all shares outstanding*
$64.4mreported value*
3 new 2 added 7 reduced 1 sold out net sold ≈ $78.8k (-7.0k 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. Shares outstanding: 10.8m as of 2025-03-04, 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 ≈ $11.22.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 23: 30Q4 23: 42Q1 24: 39Q2 24: 38Q3 24: 38Q4 24: 20Q1 25: 2121Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202330
Q4 202342
Q1 202439
Q2 202438
Q3 202438
Q4 202420
Q1 202521

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 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 24Q3 24: 12 bought or addedQ3 24: 16 cut or sold outQ3 24Q4 24: 6 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 5 bought or addedQ1 25: 8 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023198
Q1 20241317
Q2 2024612
Q3 20241216
Q4 2024631
Q1 202558

Biggest buyers

BERKLEY W R CORP Added +188,119+188.1k
TORONTO DOMINION BANK Added +123,310+123.3k
First Trust Capital Management L.P. New +103,667+103.7k
Westchester Capital Management, LLC New +70,000+70.0k
MORGAN STANLEY New +14+14

Biggest sellers

FIR TREE CAPITAL MANAGEMENT LP Sold out -275,275-275.3k
Meteora Capital, LLC Reduced -120,741-120.7k
MIZUHO SECURITIES USA LLC Reduced -43,464-43.5k
Karpus Management, Inc. Reduced -35,500-35.5k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -6,043-6.0k
WOLVERINE ASSET MANAGEMENT LLC Reduced -5,658-5.7k
GLAZER CAPITAL, LLC Reduced -5,443-5.4k
UBS Group AG Reduced -5-5

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 Q1 2025

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 Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Karpus Management, Inc. 0.49% of their portfolio Pittsford, NY 1,332,9851.3m $15.0m $15.0m 0.49% Reduced -35.5k -35,500
2 MIZUHO SECURITIES USA LLC 0.23% of their portfolio NEW YORK, NY 972,837972.8k $10.9m $10.9m 0.23% Reduced -43.5k -43,464
3 BERKLEY W R CORP 0.56% of their portfolio Greenwich, CT 685,097685.1k $7.7m $7.7m 0.56% Added +188.1k +188,119
4 WOLVERINE ASSET MANAGEMENT LLC 0.13% of their portfolio CHICAGO, IL 617,323617.3k $6.9m $6.9m 0.13% Reduced -5.7k -5,658
5 AQR Arbitrage LLC 0.12% of their portfolio Greenwich, CT 444,451444.5k $5.0m $5.0m 0.12% Unchanged
6 Meteora Capital, LLC 1.22% of their portfolio Boca Raton, FL 307,863307.9k $3.5m $3.5m 1.22% Reduced -120.7k -120,741
7 Quarry LP 0.74% of their portfolio NEW YORK, NY 261,109261.1k $2.9m $2.9m 0.74% Unchanged
8 Yakira Capital Management, Inc. 1.06% of their portfolio Westport, CT 232,800232.8k $2.6m $2.6m 1.06% Unchanged
9 GLAZER CAPITAL, LLC 0.10% of their portfolio New York, NY 190,517190.5k $2.1m $2.1m 0.10% Reduced -5.4k -5,443
10 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 151,020151.0k $1.7m $1.7m 0.00% Added +123.3k +123,310
11 Polar Asset Management Partners Inc. 0.06% of their portfolio TORONTO, A6 150,000150.0k $1.7m $1.7m 0.06% Unchanged
12 First Trust Capital Management L.P. 0.08% of their portfolio CHICAGO, IL 103,667103.7k $1.2m $1.2m 0.08% New
13 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 100,000100.0k $1.1m $1.1m 0.01% Unchanged
14 Westchester Capital Management, LLC 0.05% of their portfolio VALHALLA, NY 70,00070.0k $786.8k $786.8k 0.05% New
15 Warberg Asset Management LLC 0.14% of their portfolio WINNETKA, IL 46,00046.0k $516.6k $516.6k 0.14% Unchanged
16 Dakota Wealth Management 0.01% of their portfolio PALM BEACH GARDENS, FL 43,60043.6k $489.6k $489.6k 0.01% Unchanged
17 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 19,27419.3k $216.4k $216.4k 0.01% Reduced -6.0k -6,043
18 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 11,13311.1k $125.1k $125.1k 0.00% Unchanged
19 UBS Group AG 0.00% of their portfolio ZURICH, V8 356356 $4.0k $4.0k 0.00% Reduced -5 -5
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1414 $157 $157 0.00% New
21 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged