Vault-13

LAFAYETTE DIGITAL ACQUISITIO ZKP

ORD CLASS A · Common Stock · CUSIP G5345D107

46 institutional holders +5 vs Q1 2026
23,282,53023.3m shares reported held*
$232.2mreported value*
7 new 5 added 10 reduced 2 sold out net bought ≈ $20.3m (+2.0m 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 ≈ $9.97.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q1 26: 41Q2 26: 4646Q1 26Q2 26
Numbers
QuarterHolders
Q1 202641
Q2 202646

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +800,000+800.0k
WOLVERINE ASSET MANAGEMENT LLC New +430,123+430.1k
Wealthspring Capital LLC New +289,800+289.8k
GABELLI & Co INVESTMENT ADVISERS, INC. New +255,400+255.4k
GABELLI FUNDS LLC New +244,600+244.6k
GRITSTONE ASSET MANAGEMENT LLC New +175,000+175.0k
Westchester Capital Management, LLC New +150,000+150.0k
Karpus Management, Inc. Added +99,200+99.2k
GLAZER CAPITAL, LLC Added +27,414+27.4k
Schonfeld Strategic Advisors LLC Added +14,980+15.0k

Biggest sellers

Shaolin Capital Management LLC Reduced -118,001-118.0k
K2 PRINCIPAL FUND, L.P. Sold out -100,000-100.0k
ROYAL BANK OF CANADA Reduced -81,477-81.5k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -50,500-50.5k
Clear Street Group Inc. Reduced -35,978-36.0k
Kryger Capital LLC Reduced -27,161-27.2k
Virtu Financial LLC Reduced -17,278-17.3k
Parallax Volatility Advisers, L.P. Sold out -15,777-15.8k
ABC ARBITRAGE SA Reduced -5,000-5.0k
RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -612-612

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
Lafayette Digital Sponsor I, LLC 13G · exempt (held before listing) new · filed 2026-01-12 25.6% new 10.0m≈ $99.9m 2026-01-12
Magnetar Financial LLC 13G · institution new · filed 2026-05-13 6.1% new 1.8m≈ $17.9m 2026-05-13
SONA ASSET MANAGEMENT (US) LLC 13G · institution new · filed 2026-05-15 5.7% new 1.7m≈ $16.7m 2026-05-15
LMR Partners LLP 13G · institution new · filed 2026-05-15 5.1% new 1.5m≈ $15.0m 2026-05-15

Fell to 5% or below in the last year: GOLDMAN SACHS GROUP INC (0.8%, 2026-08-12)

Insider purchases and sales since 1 Apr 2026

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 1 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20261—0——
Q2 20260—0——
Q3 20260—0——

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.09% of their portfolio New York, NY 1,800,0001.8m $18.0m $18.0m 0.09% Unchanged
2 Magnetar Financial LLC 0.16% of their portfolio EVANSTON, IL 1,800,0001.8m $18.0m $18.0m 0.16% Unchanged
3 SONA ASSET MANAGEMENT (US) LLC 0.62% of their portfolio NEW YORK, NY 1,675,0001.7m $16.7m $16.7m 0.62% Unchanged
4 Kryger Capital LLC 0.91% of their portfolio HAMILTON, D0 1,594,9701.6m $15.9m $15.9m 0.91% Reduced -27.2k -27,161
5 AQR Arbitrage LLC 0.17% of their portfolio Greenwich, CT 1,197,6801.2m $12.0m $12.0m 0.17% Unchanged
6 Alberta Investment Management Corp 0.06% of their portfolio EDMONTON, A0 1,000,0001.0m $10.0m $10.0m 0.06% Unchanged
7 Mint Tower Capital Management B.V. 1.18% of their portfolio AMSTERDAM, P7 1,000,0001.0m $10.0m $10.0m 1.18% Unchanged
8 TENOR CAPITAL MANAGEMENT Co., L.P. 0.13% of their portfolio NEW YORK, NY 900,000900.0k $9.0m $9.0m 0.13% Unchanged
9 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 800,000800.0k $8.0m $8.0m 0.01% New
10 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 715,976716.0k $7.1m $7.1m 0.05% Reduced -6 -6
11 Polar Asset Management Partners Inc. 0.12% of their portfolio TORONTO, A6 675,000675.0k $6.7m $6.7m 0.12% Unchanged
12 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 652,308652.3k $6.5m $6.5m 0.00% Unchanged
13 BERKLEY W R CORP 0.32% of their portfolio Greenwich, CT 646,456646.5k $6.5m $6.5m 0.32% Unchanged
14 Radcliffe Capital Management, L.P. 0.47% of their portfolio BALA CYNWYD, PA 615,000615.0k $6.1m $6.1m 0.47% Unchanged
15 GLAZER CAPITAL, LLC 0.13% of their portfolio New York, NY 527,414527.4k $5.3m $5.3m 0.13% Added +27.4k +27,414
16 PICTON MAHONEY ASSET MANAGEMENT 0.05% of their portfolio Toronto, A6 500,000500.0k $5.0m $5.0m 0.05% Unchanged
17 First Trust Capital Management L.P. 0.29% of their portfolio CHICAGO, IL 500,000500.0k $5.0m $5.0m 0.29% Unchanged
18 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.24% of their portfolio WEST PALM BEACH, FL 499,388499.4k $5.0m $5.0m 0.24% Reduced -612 -612
19 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 478,915478.9k $4.8m $4.8m 0.00% Added +400 +400
20 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 475,000475.0k $4.7m $4.7m 0.02% Unchanged
21 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 453,124453.1k $4.5m $4.5m 0.00% Unchanged
22 WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio CHICAGO, IL 430,123430.1k $4.3m $4.3m 0.06% New
23 ARISTEIA CAPITAL, L.L.C. 0.06% of their portfolio GREENWICH, CT 400,000400.0k $4.0m $4.0m 0.06% Unchanged
24 Periscope Capital Inc. 0.63% of their portfolio Toronto, A6 399,600399.6k $4.0m $4.0m 0.63% Unchanged
25 Shaolin Capital Management LLC 0.22% of their portfolio Miami, FL 381,999382.0k $3.8m $3.8m 0.22% Reduced -118.0k -118,001
26 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 350,000350.0k $3.5m $3.5m 0.02% Unchanged
27 WHITEBOX ADVISORS LLC 0.06% of their portfolio MINNEAPOLIS, MN 350,000350.0k $3.5m $3.5m 0.06% Unchanged
28 Wealthspring Capital LLC 0.65% of their portfolio WEST HARRISON, NY 289,800289.8k $2.9m $2.9m 0.65% New
29 GABELLI & Co INVESTMENT ADVISERS, INC. 0.37% of their portfolio Rye, NY 255,400255.4k $2.5m $2.5m 0.37% New
30 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 244,600244.6k $2.4m $2.4m 0.02% New
31 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 236,318236.3k $2.4m $2.4m 0.01% Added +15.0k +14,980
32 Karpus Management, Inc. 0.07% of their portfolio Pittsford, NY 226,957227.0k $2.3m $2.3m 0.07% Added +99.2k +99,200
33 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 190,000190.0k $1.9m $1.9m 0.00% Unchanged
34 GRITSTONE ASSET MANAGEMENT LLC 1.68% of their portfolio Bethesda, MD 175,000175.0k $1.7m $1.7m 1.68% New
35 Context Capital Management, LLC 0.03% of their portfolio LAJOLLA, CA 150,000150.0k $1.5m $1.5m 0.03% Unchanged
36 Westchester Capital Management, LLC 0.08% of their portfolio VALHALLA, NY 150,000150.0k $1.5m $1.5m 0.08% New
37 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 140,474140.5k $1.4m $1.4m 0.00% Reduced -36.0k -35,978
38 DLD Asset Management, LP 0.08% of their portfolio NEW YORK, NY 100,000100.0k $997.0k $997.0k 0.08% Unchanged
39 Centiva Capital, LP 0.03% of their portfolio New York, NY 100,000100.0k $998.0k $998.0k 0.03% Unchanged
40 DELTEC ASSET MANAGEMENT LLC 0.11% of their portfolio New York, NY 75,00075.0k $747.8k $747.8k 0.11% Unchanged
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 40,11640.1k $400.0k $400.0k 0.00% Reduced -81.5k -81,477
42 ABC ARBITRAGE SA 0.04% of their portfolio PARIS, I0 35,00035.0k $348.9k $348.9k 0.04% Reduced -5.0k -5,000
43 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 24,50024.5k $244.3k $244.3k 0.00% Reduced -50.5k -50,500
44 Virtu Financial LLC 0.01% of their portfolio New York, NY 16,98717.0k $170.0k $170.0k 0.01% Reduced -17.3k -17,278
45 TrueMark Investments, LLC 0.02% of their portfolio CHICAGO, IL 14,38814.4k $143.6k $143.6k 0.02% Reduced -612 -612
46 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3737 $369 $369 0.00% Added +23 +23