Vault-13

KEYARCH ACQUISITION CORP

ORD SHS CL A · CUSIP G5260A104

38 institutional holders -1 vs Q1 2023
10,408,25410.4m shares reported held*
$108.4mreported value*
4 new 7 added 10 reduced 5 sold out net sold ≈ $7.9m (-748.9k 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 ≈ $10.41. Options: 0 managers hold calls (— notional), 1 hold puts ($6.1m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 44Q4 22: 39Q1 23: 39Q2 23: 3838Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202244
Q4 202239
Q1 202339
Q2 202338

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 9 bought or addedQ4 22: 12 cut or sold outQ4 22Q1 23: 15 bought or addedQ1 23: 11 cut or sold outQ1 23Q2 23: 11 bought or addedQ2 23: 15 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022912
Q1 20231511
Q2 20231115

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $6.1mQ2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$6.1m—

Biggest buyers

BERKLEY W R CORP Added +403,455+403.5k
RIVERNORTH CAPITAL MANAGEMENT, LLC New +400,000+400.0k
Centiva Capital, LP Added +216,163+216.2k
First Trust Capital Management L.P. Added +182,772+182.8k
D. E. Shaw & Co., Inc. Added +153,188+153.2k
ARISTEIA CAPITAL, L.L.C. Added +110,000+110.0k
GLAZER CAPITAL, LLC Added +82,652+82.7k
Virtu Financial LLC New +20,038+20.0k
Tuttle Capital Management, LLC New +16,027+16.0k
CLEAR STREET LLC New +4,595+4.6k

Biggest sellers

Shaolin Capital Management LLC Sold out -583,497-583.5k
Hudson Bay Capital Management LP Reduced -500,000-500.0k
KIM, LLC Reduced -400,000-400.0k
Balyasny Asset Management L.P. Sold out -232,960-233.0k
DIFESA CAPITAL MANAGEMENT, LP Sold out -175,000-175.0k
Meteora Capital, LLC Reduced -143,415-143.4k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -143,415-143.4k
AQR Arbitrage LLC Reduced -90,185-90.2k
MARSHALL WACE, LLP Reduced -33,808-33.8k
CVI Holdings, LLC Reduced -15,965-16.0k

Biggest calls

None

Biggest puts

Shaolin Capital Management LLC New $6.1m583.5k shares

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 0.39% of their portfolio GREENWICH, CT 1,078,8071.1m $11.3m $11.3m 0.39% Added +110.0k +110,000
2 AQR Arbitrage LLC 0.27% of their portfolio Greenwich, CT 592,812592.8k $6.2m $6.2m 0.27% Reduced -90.2k -90,185
3 BERKLEY W R CORP 0.36% of their portfolio Greenwich, CT 573,036573.0k $6.0m $6.0m 0.36% Added +403.5k +403,455
4 Linden Advisors LP 0.06% of their portfolio New York, NY 510,000510.0k $5.3m $5.3m 0.06% Unchanged
5 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 500,000500.0k $5.2m $5.2m 0.03% Unchanged
6 Hudson Bay Capital Management LP 0.05% of their portfolio STAMFORD, CT 500,000500.0k $5.2m $5.2m 0.05% Reduced -500.0k -500,000
7 First Trust Capital Management L.P. 0.31% of their portfolio CHICAGO, IL 499,577499.6k $5.2m $5.2m 0.31% Added +182.8k +182,772
8 PICTON MAHONEY ASSET MANAGEMENT 0.24% of their portfolio Toronto, A6 472,815472.8k $4.9m $4.9m 0.24% Unchanged
9 Polar Asset Management Partners Inc. 0.09% of their portfolio TORONTO, A6 412,928412.9k $4.3m $4.3m 0.09% Unchanged
10 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.21% of their portfolio WEST PALM BEACH, FL 400,000400.0k $4.2m $4.2m 0.21% New
11 Radcliffe Capital Management, L.P. 0.33% of their portfolio BALA CYNWYD, PA 371,241371.2k $3.9m $3.9m 0.33% Added +2.1k +2,100
12 GLAZER CAPITAL, LLC 0.25% of their portfolio New York, NY 360,791360.8k $3.8m $3.8m 0.25% Added +82.7k +82,652
13 CVI Holdings, LLC 3.97% of their portfolio WILMINGTON, DE 358,815358.8k $3.8m $3.8m 3.97% Reduced -16.0k -15,965
14 Saba Capital Management, L.P. 0.12% of their portfolio NEW YORK, NY 352,383352.4k $3.7m $3.7m 0.12% Unchanged
15 683 Capital Management, LLC 0.35% of their portfolio NEW YORK, NY 342,452342.5k $3.6m $3.6m 0.35% Unchanged
16 Periscope Capital Inc. 0.25% of their portfolio Toronto, A6 303,237303.2k $3.2m $3.2m 0.25% Unchanged
17 Centiva Capital, LP 0.16% of their portfolio New York, NY 302,595302.6k $3.2m $3.2m 0.16% Added +216.2k +216,163
18 OAKTREE CAPITAL MANAGEMENT LP 0.04% of their portfolio LOS ANGELES, CA 290,000290.0k $3.0m $3.0m 0.04% Unchanged
19 Westchester Capital Management, LLC 0.10% of their portfolio VALHALLA, NY 269,195269.2k $2.8m $2.8m 0.10% Unchanged
20 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 264,693264.7k $2.8m $2.8m 0.00% Added +153.2k +153,188
21 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 249,999250.0k $2.6m $2.6m 0.01% Unchanged
22 KIM, LLC 0.18% of their portfolio WICHITA, KS 198,000198.0k $2.1m $2.1m 0.18% Reduced -400.0k -400,000
23 FIR TREE CAPITAL MANAGEMENT LP 0.19% of their portfolio New York, NY 187,100187.1k $2.0m $2.0m 0.19% Reduced -5.8k -5,800
24 Bulldog Investors, LLP 0.52% of their portfolio SADDLE BROOK, NJ 150,000150.0k $1.6m $1.6m 0.52% Unchanged
25 Meteora Capital, LLC 0.29% of their portfolio Boca Raton, FL 148,368148.4k $1.6m $1.6m 0.29% Reduced -143.4k -143,415
26 WHITEBOX ADVISORS LLC 0.06% of their portfolio MINNEAPOLIS, MN 125,000125.0k $1.3m $1.3m 0.06% Unchanged
27 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.00% Unchanged
28 Karpus Management, Inc. 0.03% of their portfolio Pittsford, NY 99,950100.0k $1.0m $1.0m 0.03% Reduced -2.2k -2,250
29 Magnetar Financial LLC 0.02% of their portfolio EVANSTON, IL 98,69098.7k $1.0m $1.0m 0.02% Unchanged
30 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 95,90395.9k $1.0m $1.0m 0.03% Reduced -143.4k -143,415
31 Schechter Investment Advisors, LLC 0.08% of their portfolio BIRMINGHAM, MI 83,91583.9k $877.8k $877.8k 0.08% Reduced -4.5k -4,500
32 Athos Capital Ltd 0.49% of their portfolio HONG KONG, K3 40,00040.0k $418 $418 0.49% Unchanged
33 Virtu Financial LLC 0.02% of their portfolio New York, NY 20,03820.0k $210.0k $210.0k 0.02% New
34 ATW SPAC MANAGEMENT LLC 0.15% of their portfolio NEW YORK, NY 20,00020.0k $209.2k $209.2k 0.15% Unchanged
35 Tuttle Capital Management, LLC 0.50% of their portfolio RIVERSIDE, CT 16,02716.0k $105.1k $105.1k 0.50% New
36 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 15,29215.3k $160.0k $160.0k 0.00% Reduced -33.8k -33,808
37 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 4,5954.6k $48.1k $48.1k 0.00% New
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged