Vault-13

KERNEL GROUP HOLDINGS INC

CL A SHS · CUSIP G5259L103

29 institutional holders -2 vs Q2 2023
6,190,0336.2m shares reported held*
$65.4mreported value*
7 new 2 added 10 reduced 9 sold out net sold ≈ $16.1m (-1.5m 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 ≈ $10.57.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 81Q4 22: 79Q1 23: 31Q2 23: 31Q3 23: 2929Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202281
Q4 202279
Q1 202331
Q2 202331
Q3 202329

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 17 bought or addedQ4 22: 25 cut or sold outQ4 22Q1 23: 12 bought or addedQ1 23: 63 cut or sold outQ1 23Q2 23: 9 bought or addedQ2 23: 10 cut or sold outQ2 23Q3 23: 9 bought or addedQ3 23: 19 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221725
Q1 20231263
Q2 2023910
Q3 2023919

Biggest buyers

First Trust Capital Management L.P. New +530,960+531.0k
WOLVERINE ASSET MANAGEMENT LLC New +384,125+384.1k
COWEN AND COMPANY, LLC New +332,518+332.5k
Shaolin Capital Management LLC New +300,000+300.0k
Spartan Fund Management Inc. New +250,000+250.0k
KIM, LLC New +185,000+185.0k
Periscope Capital Inc. Added +80,882+80.9k
Centiva Capital, LP Added +77,560+77.6k
UBS Group AG New +111+111

Biggest sellers

GLAZER CAPITAL, LLC Reduced -725,728-725.7k
Owl Creek Asset Management, L.P. Sold out -677,500-677.5k
Castle Creek Arbitrage, LLC Sold out -476,104-476.1k
BERKLEY W R CORP Reduced -345,338-345.3k
Sculptor Capital LP Sold out -300,000-300.0k
PRELUDE CAPITAL MANAGEMENT, LLC Sold out -265,000-265.0k
Cubist Systematic Strategies, LLC Sold out -225,827-225.8k
Radcliffe Capital Management, L.P. Reduced -144,111-144.1k
Westchester Capital Management, LLC Reduced -127,650-127.7k
Tyrus Capital S.A.M. Sold out -90,000-90.0k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Trust Capital Management L.P. 0.31% of their portfolio CHICAGO, IL 530,960531.0k $5.6m $5.6m 0.31% New
2 Periscope Capital Inc. 0.60% of their portfolio Toronto, A6 500,000500.0k $5.3m $5.3m 0.60% Added +80.9k +80,882
3 FIR TREE CAPITAL MANAGEMENT LP 0.55% of their portfolio New York, NY 462,661462.7k $4.9m $4.9m 0.55% Reduced -37.3k -37,339
4 Westchester Capital Management, LLC 0.17% of their portfolio VALHALLA, NY 455,652455.7k $4.8m $4.8m 0.17% Reduced -127.7k -127,650
5 Centiva Capital, LP 0.24% of their portfolio New York, NY 452,714452.7k $4.8m $4.8m 0.24% Added +77.6k +77,560
6 MIZUHO SECURITIES USA LLC 0.14% of their portfolio NEW YORK, NY 439,952440.0k $4.6m $4.6m 0.14% Reduced -74.8k -74,842
7 WOLVERINE ASSET MANAGEMENT LLC 0.08% of their portfolio CHICAGO, IL 384,125384.1k $4.1m $4.1m 0.08% New
8 Radcliffe Capital Management, L.P. 0.51% of their portfolio BALA CYNWYD, PA 383,253383.3k $4.1m $4.1m 0.51% Reduced -144.1k -144,111
9 LMR Partners LLP 0.08% of their portfolio LONDON, X0 350,000350.0k $3.7m $3.7m 0.08% Unchanged
10 COWEN AND COMPANY, LLC 0.25% of their portfolio NEW YORK, NY 332,518332.5k $3.5m $3.5m 0.25% New
11 Shaolin Capital Management LLC 0.11% of their portfolio Miami, FL 300,000300.0k $3.2m $3.2m 0.11% New
12 Spartan Fund Management Inc. 1.99% of their portfolio TORONTO, ONTARIO, Z4 250,000250.0k $2.6m $2.6m 1.99% New
13 Sandia Investment Management LP 0.62% of their portfolio BOSTON, MA 214,430214.4k $2.3m $2.3m 0.62% Unchanged
14 BERKLEY W R CORP 0.14% of their portfolio Greenwich, CT 198,886198.9k $2.1m $2.1m 0.14% Reduced -345.3k -345,338
15 KIM, LLC 0.20% of their portfolio WICHITA, KS 185,000185.0k $2.0m $2.0m 0.20% New
16 MOORE CAPITAL MANAGEMENT, LP 0.04% of their portfolio NEW YORK, NY 150,000150.0k $1.6m $1.6m 0.04% Unchanged
17 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.08% of their portfolio WEST PALM BEACH, FL 149,022149.0k $1.6m $1.6m 0.08% Reduced -50.0k -50,000
18 Polar Asset Management Partners Inc. 0.03% of their portfolio TORONTO, A6 100,000100.0k $1.1m $1.1m 0.03% Unchanged
19 GRAHAM CAPITAL WEALTH MANAGEMENT, LLC 1.85% of their portfolio WASHINGTON, DC 74,80474.8k $783.9k $783.9k 1.85% Unchanged
20 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 71,00071.0k $753.3k $753.3k 0.01% Unchanged
21 Tuttle Capital Management, LLC 2.50% of their portfolio RIVERSIDE, CT 50,91450.9k $374.0k $374.0k 2.50% Unchanged
22 Karpus Management, Inc. 0.02% of their portfolio Pittsford, NY 45,12545.1k $478.8k $478.8k 0.02% Unchanged
23 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 40,00040.0k $424.4k $424.4k 0.01% Unchanged
24 Meteora Capital, LLC 0.07% of their portfolio Boca Raton, FL 36,11136.1k $383.1k $383.1k 0.07% Reduced -1 -1
25 GLAZER CAPITAL, LLC 0.01% of their portfolio New York, NY 16,67216.7k $177.0k $177.0k 0.01% Reduced -725.7k -725,728
26 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 16,10516.1k $170.7k $170.7k 0.00% Reduced -5.4k -5,449
27 UBS Group AG 0.00% of their portfolio ZURICH, V8 111111 $1.2k $1.2k 0.00% New
28 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 1818 $191 $191 0.00% Reduced -4.5k -4,463
29 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged