KENSINGTON CAPITAL ACQUISITI
*W EXP 99/99/999 · CUSIP G5251K129
37
institutional holders
+0 vs Q1 2024
13.8m
shares reported held*
$345.0kreported value*
1 new
6 added
4 reduced
1 sold out
net sold ≈ $5.3k (-206.1k 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 ($372 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.02. Options: 4 managers hold calls ($1.1m notional), 0 hold puts (—).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 48 |
| Q4 2022 | 43 |
| Q1 2023 | 42 |
| Q2 2023 | 40 |
| Q3 2023 | 41 |
| Q4 2023 | 36 |
| Q1 2024 | 37 |
| Q2 2024 | 37 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 11 | 14 |
| Q1 2023 | 10 | 15 |
| Q2 2023 | 11 | 15 |
| Q3 2023 | 13 | 9 |
| Q4 2023 | 6 | 12 |
| Q1 2024 | 8 | 5 |
| Q2 2024 | 7 | 5 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $2.8m | $0 | 0.00 |
| Q4 2023 | $1.9m | $0 | 0.00 |
| Q1 2024 | $1.6m | $0 | 0.00 |
| Q2 2024 | $1.1m | $0 | 0.00 |
Biggest buyers
| Parallax Volatility Advisers, L.P. | Added | +140.4k |
| Shaolin Capital Management LLC | Added | +50.0k |
| Walleye Capital LLC | Added | +30.5k |
| Walleye Trading LLC | Added | +17.1k |
| Arete Wealth Advisors, LLC | New | +10.0k |
| ROYAL BANK OF CANADA | Added | +430 |
| CITADEL ADVISORS LLC | Added | +300 |
Biggest sellers
| Periscope Capital Inc. | Reduced | -210.9k |
| StoneX Group Inc. | Reduced | -182.9k |
| COWEN AND COMPANY, LLC | Reduced | -35.2k |
| Spartan Fund Management Inc. | Sold out | -25.0k |
| HGC Investment Management Inc. | Reduced | -774 |
Biggest calls
| MARSHALL WACE, LLP | Reduced | $1.1m100.0k shares |
| Sandia Investment Management LP | Unchanged | $16.0k617.5k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $8.5k327.8k shares |
| TUDOR INVESTMENT CORP ET AL | Unchanged | $3.9k150.0k 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 2024
| Manager | Shares | Change |
|---|---|---|
| COWEN AND COMPANY, LLC 0.00% of their portfolio | 2.6m $66.3k | Reduced -35.2k |
| Dryden Capital, LLC 0.05% of their portfolio | 1.2m $30.7k | Unchanged |
| Shaolin Capital Management LLC 0.00% of their portfolio | 1.1m $27.3k | Added +50.0k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 983.7k $29.5k | Unchanged |
| Exos Asset Management LLC 0.02% of their portfolio | 781.7k $20.3k | Unchanged |
| Periscope Capital Inc. 0.01% of their portfolio | 760.5k $19.7k | Reduced -210.9k |
| Parallax Volatility Advisers, L.P. 0.00% of their portfolio | 611.0k $15.8k | Added +140.4k |
| Saba Capital Management, L.P. 0.00% of their portfolio | 610.4k $14.3k | Unchanged |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio | 581.4k $15.1k | Unchanged |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 554.3k $554 | Unchanged |
| Linden Advisors LP 0.00% of their portfolio | 496.4k $11.4k | Unchanged |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 482.9k $12.5k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 386.4k $10.0k | Added +30.5k |
| Taconic Capital Advisors LP 0.00% of their portfolio | 381.4k $9.9k | Unchanged |
| Flow State Investments, L.P. 0.00% of their portfolio | 350.0k $9.1k | Unchanged |
| Diametric Capital, LP 0.00% of their portfolio | 334.6k $8.7k | Unchanged |
| Sage Rock Capital Management LP 0.03% of their portfolio | 322.0k $8.3k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 252.8k $6.5k | Unchanged |
| Westchester Capital Management, LLC 0.00% of their portfolio | 225.0k $5.8k | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 222.2k $5.8k | Unchanged |
| Walleye Trading LLC 0.00% of their portfolio | 209.6k $5.4k | Added +17.1k |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 168.8k $4.4k | Unchanged |
| Quarry LP 0.00% of their portfolio | 83.3k $2.2k | Unchanged |
| Schechter Investment Advisors, LLC 0.00% of their portfolio | 55.2k $1.4k | Unchanged |
| OMERS ADMINISTRATION Corp 0.00% of their portfolio | 33.8k $874 | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 33.2k $859 | Added +300 |
| StoneX Group Inc. 0.00% of their portfolio | 28.3k $733 | Reduced -182.9k |
| CLEAR STREET LLC 0.00% of their portfolio | 25.2k $651 | Unchanged |
| Wealthspring Capital LLC 0.00% of their portfolio | 14.4k $372 | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 11.9k $308 | Unchanged |
| Arete Wealth Advisors, LLC 0.00% of their portfolio | 10.0k $0 | New |
| Arkadios Wealth Advisors 0.00% of their portfolio | 10.0k $259 | Unchanged |
| UBS Group AG 0.00% of their portfolio | 9.7k $253 | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 7.3k $189 | Unchanged |
| HGC Investment Management Inc. 0.00% of their portfolio | 774 $20 | Reduced -774 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 521 $0 | Added +430 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |