Vault-13

KERNEL GROUP HOLDINGS INC

*W EXP 02/02/202 · CUSIP G5259L129

51 institutional holders -3 vs Q4 2023
7,070,3777.1m shares reported held*
$879.4kreported value*
3 new 3 added 3 reduced 6 sold out net sold ≈ $20.3k (+125.3k 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 ≈ $0.12. Options: 3 managers hold calls ($1.1m notional), 0 hold puts (—).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 60Q1 23: 59Q2 23: 57Q3 23: 56Q4 23: 54Q1 24: 5151Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202262
Q4 202260
Q1 202359
Q2 202357
Q3 202356
Q4 202354
Q1 202451

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 8 bought or addedQ4 22: 12 cut or sold outQ4 22Q1 23: 12 bought or addedQ1 23: 17 cut or sold outQ1 23Q2 23: 4 bought or addedQ2 23: 12 cut or sold outQ2 23Q3 23: 4 bought or addedQ3 23: 6 cut or sold outQ3 23Q4 23: 6 bought or addedQ4 23: 8 cut or sold outQ4 23Q1 24: 6 bought or addedQ1 24: 9 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022812
Q1 20231217
Q2 2023412
Q3 202346
Q4 202368
Q1 202469

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 23 calls: $1.1mQ2 23 puts: $29.0kQ2 23P/C 0.03Q3 23 calls: $1.1mQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $1.1mQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $1.1mQ1 24 puts: $0Q1 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2023$1.1m$29.0k0.03
Q3 2023$1.1m$00.00
Q4 2023$1.1m$00.00
Q1 2024$1.1m$00.00

Biggest buyers

COWEN AND COMPANY, LLC Added +452,224+452.2k
StoneX Group Inc. New +35,500+35.5k
Flow State Investments, L.P. Added +32,000+32.0k
Sea Otter Advisors LLC New +12,500+12.5k
Virtu Financial LLC New +12,459+12.5k
HRT FINANCIAL LP Added +11,523+11.5k

Biggest sellers

HIGHBRIDGE CAPITAL MANAGEMENT LLC Reduced -520,346-520.3k
Radcliffe Capital Management, L.P. Sold out -105,952-106.0k
JANE STREET GROUP, LLC Sold out -89,934-89.9k
CADIAN CAPITAL MANAGEMENT, LP Sold out -75,000-75.0k
EMG Holdings, L.P. Sold out -75,000-75.0k
Meteora Capital, LLC Reduced -45,717-45.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -13,412-13.4k
Sea Otter Advisors LLC Sold out -12,500-12.5k
CITADEL ADVISORS LLC Reduced -900-900

Biggest calls

MARSHALL WACE, LLP Unchanged $1.1m102.2k shares
MILLENNIUM MANAGEMENT LLC Unchanged $14.9k370.5k shares
Sandia Investment Management LP Reduced $1372.4k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Periscope Capital Inc. 0.02% of their portfolio Toronto, A6 1,239,0401.2m $67.2k $67.2k 0.02% Unchanged
2 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 935,413935.4k $37.5k $37.5k 0.00% Reduced -520.3k -520,346
3 ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio GREENWICH, CT 927,500927.5k $53.3k $53.3k 0.00% Unchanged
4 COWEN AND COMPANY, LLC 0.00% of their portfolio NEW YORK, NY 465,244465.2k $18.7k $18.7k 0.00% Added +452.2k +452,224
5 Antara Capital LP 0.05% of their portfolio New York, NY 452,224452.2k $22.2k $22.2k 0.05% Unchanged
6 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 387,620387.6k $19.0k $19.0k 0.00% Unchanged
7 Sculptor Capital LP 0.00% of their portfolio New York, NY 277,700277.7k $16.0k $16.0k 0.00% Unchanged
8 Bracebridge Capital, LLC 0.00% of their portfolio BOSTON, MA 270,517270.5k $10.8k $10.8k 0.00% Unchanged
9 MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio NEW YORK, NY 250,000250.0k $12.2k $12.2k 0.00% Unchanged
10 Shaolin Capital Management LLC 0.00% of their portfolio Miami, FL 249,447249.4k $10.0k $10.0k 0.00% Unchanged
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 225,000225.0k $9.0k $9.0k 0.00% Unchanged
12 Q Global Advisors, LLC 0.00% of their portfolio FORT WORTH, TX 218,537218.5k $9.0k $9.0k 0.00% Unchanged
13 Arena Capital Advisors, LLC- CA 0.02% of their portfolio LOS ANGELES, CA 205,092205.1k $11.8k $11.8k 0.02% Unchanged
14 LMR Partners LLP 0.00% of their portfolio LONDON, X0 175,000175.0k $7.0k $7.0k 0.00% Unchanged
15 Arena Investors LP 0.32% of their portfolio PURCHASE, NY 162,415162.4k $8.0k $8.0k 0.32% Unchanged
16 CANYON CAPITAL ADVISORS LLC 0.00% of their portfolio DALLAS, TX 149,999150.0k $8.6k $8.6k 0.00% Unchanged
17 Exos Asset Management LLC 0.00% of their portfolio NEW YORK, NY 146,950146.9k $6.4k $6.4k 0.00% First filing
18 Flow State Investments, L.P. 0.00% of their portfolio CHICAGO, IL 142,000142.0k $5.7k $5.7k 0.00% Added +32.0k +32,000
19 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 130,830130.8k $5.2k $5.2k 0.00% Unchanged
20 Cinctive Capital Management LP 0.00% of their portfolio New York, NY 112,553112.6k $5.5k $5.5k 0.00% Unchanged
21 KIM, LLC 0.00% of their portfolio WICHITA, KS 112,500112.5k $5.5k $5.5k 0.00% Unchanged
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 103,931103.9k $5.1k $5.1k 0.00% Reduced -900 -900
23 DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio Wilmington, DE 75,00075.0k $3.7k $3.7k 0.00% Unchanged
24 PEAK6 Investments LLC 0.00% of their portfolio CHICAGO, IL 75,00075.0k $3.4k $3.4k 0.00% Unchanged
25 Polar Asset Management Partners Inc. 0.00% of their portfolio TORONTO, A6 74,60074.6k $4.3k $4.3k 0.00% Unchanged
26 TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio NEW YORK, NY 62,50062.5k $2.5k $2.5k 0.00% Unchanged
27 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 61,49161.5k $2.5k $2.5k 0.00% Unchanged
28 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 56,90256.9k $2.3k $2.3k 0.00% Unchanged
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 51,69251.7k $2.3k $2.3k 0.00% Unchanged
30 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 50,31550.3k $2.0k $2.0k 0.00% Added +11.5k +11,523
31 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 50,00050.0k $2.5k $2.5k 0.00% Unchanged
32 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 50,00050.0k $2.5k $2.5k 0.00% Unchanged
33 Meteora Capital, LLC 0.00% of their portfolio Boca Raton, FL 45,71745.7k $2.1k $2.1k 0.00% Reduced -45.7k -45,717
34 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 39,90439.9k $1.6k $1.6k 0.00% Unchanged
35 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 37,49937.5k $1.8k $1.8k 0.00% Unchanged
36 StoneX Group Inc. 0.00% of their portfolio NEW YORK, NY 35,50035.5k $1.6k $1.6k 0.00% New
37 Silver Rock Financial LP 0.01% of their portfolio Los Angeles, CA 31,82331.8k $1.4k $1.4k 0.01% Unchanged
38 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 30,00030.0k $1.7k $1.7k 0.00% Unchanged
39 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 27,81027.8k $299.0k $299.0k 0.01% Unchanged
40 GABELLI & Co INVESTMENT ADVISERS, INC. 0.00% of their portfolio Rye, NY 25,10025.1k $1.0k $1.0k 0.00% Unchanged
41 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 25,06025.1k $1.2k $1.2k 0.00% Unchanged
42 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio WEST PALM BEACH, FL 25,00025.0k $1.0k $1.0k 0.00% Unchanged
43 BCK CAPITAL MANAGEMENT LP 0.00% of their portfolio STAMFORD, CT 23,26123.3k $933 $933 0.00% Unchanged
44 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 20,68920.7k $830 $830 0.00% Unchanged
45 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 18,70018.7k $1.1k $1.1k 0.00% Unchanged
46 Segantii Capital Management Ltd 0.02% of their portfolio HONG KONG, K3 16,76216.8k $180.2k $180.2k 0.02% Unchanged
47 Atalaya Capital Management LP 0.00% of their portfolio NEW YORK, NY 12,50012.5k $625 $625 0.00% Unchanged
48 Sea Otter Advisors LLC 0.00% of their portfolio Miami, FL 12,50012.5k $500 $500 0.00% New
49 Virtu Financial LLC 0.00% of their portfolio New York, NY 12,45912.5k $1.0k $1.0k 0.00% New
50 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 5,9936.0k $240 $240 0.00% Unchanged
51 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged