LAUNCH TWO ACQUISITION CORP. LPBBW
*W EXP 10/09/202 · Equity WRT · CUSIP G5S87A113
- SectorIndustrials
- IndustryFabricated Plate Work (Boiler Shops)
- HeadquartersOakland, CA
- FilingsSEC EDGAR
38
institutional holders
+4 vs Q1 2026
10.2m
shares reported held*
$3.5mreported value*
6 new
3 added
8 reduced
2 sold out
net sold ≈ $89.2k (-258.4k 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 ≈ $0.34. Options: 1 managers hold calls ($34.5k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2024 | 20 |
| Q1 2025 | 28 |
| Q2 2025 | 37 |
| Q3 2025 | 35 |
| Q4 2025 | 35 |
| Q1 2026 | 34 |
| Q2 2026 | 38 |
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 |
|---|---|---|
| Q1 2025 | 15 | 3 |
| Q2 2025 | 13 | 5 |
| Q3 2025 | 2 | 8 |
| Q4 2025 | 3 | 7 |
| Q1 2026 | 3 | 7 |
| Q2 2026 | 9 | 10 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $37.0k | $0 | 0.00 |
| Q4 2025 | $31.6k | $0 | 0.00 |
| Q1 2026 | $15.6k | $0 | 0.00 |
| Q2 2026 | $34.5k | $0 | 0.00 |
Biggest buyers
| GLAZER CAPITAL, LLC | New | +150.2k |
| Parallax Volatility Advisers, L.P. | New | +53.0k |
| Lineage Point Capital LP | New | +47.5k |
| TORONTO DOMINION BANK | Added | +46.4k |
| AQR Arbitrage LLC | Added | +35.4k |
| T3 Companies, LLC | New | +35.0k |
| Schonfeld Strategic Advisors LLC | New | +25.0k |
| Arax Advisory Partners | New | +500 |
| UBS Group AG | Added | +200 |
Biggest sellers
| Meteora Capital, LLC | Reduced | -297.2k |
| Verition Fund Management LLC | Sold out | -130.8k |
| K2 PRINCIPAL FUND, L.P. | Reduced | -76.6k |
| Mint Tower Capital Management B.V. | Reduced | -47.4k |
| CSS LLC/IL | Reduced | -42.6k |
| Hudson Bay Capital Management LP | Reduced | -25.0k |
| Shaolin Capital Management LLC | Reduced | -14.9k |
| Saba Capital Management, L.P. | Sold out | -14.4k |
| Clear Street Group Inc. | Reduced | -1.6k |
| Bulldog Investors, LLP | Reduced | -976 |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Unchanged | $34.5k100.0k 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.
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.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Magnetar Financial LLC 0.00% of their portfolio | 990.0k $341.6k | Unchanged |
| CSS LLC/IL 0.01% of their portfolio | 907.8k $313.3k | Reduced -42.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 875.0k $301.9k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 789.0k $272.2k | Added +35.4k |
| LMR Partners LLP 0.00% of their portfolio | 500.0k $172.6k | Unchanged |
| Linden Advisors LP 0.00% of their portfolio | 499.0k $168.6k | Unchanged |
| MMCAP International Inc. SPC 0.01% of their portfolio | 490.0k $169.1k | Unchanged |
| Alberta Investment Management Corp 0.00% of their portfolio | 490.0k $169.1k | Unchanged |
| Mint Tower Capital Management B.V. 0.02% of their portfolio | 442.6k $153.0k | Reduced -47.4k |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 400.0k $138.0k | Unchanged |
| Kepos Capital LP 0.18% of their portfolio | 389.1k $134.0k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 358.0k $123.5k | Unchanged |
| PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio | 350.0k $120.8k | Unchanged |
| Shaolin Capital Management LLC 0.01% of their portfolio | 338.6k $116.8k | Reduced -14.9k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 300.0k $87.0k | Unchanged |
| TORONTO DOMINION BANK 0.00% of their portfolio | 196.5k $67.8k | Added +46.4k |
| K2 PRINCIPAL FUND, L.P. 0.01% of their portfolio | 196.3k $68.7k | Reduced -76.6k |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 175.0k $60.4k | Unchanged |
| Periscope Capital Inc. 0.01% of their portfolio | 175.0k $60.4k | Unchanged |
| Clear Street Group Inc. 0.00% of their portfolio | 160.0k $55.2k | Reduced -1.6k |
| GLAZER CAPITAL, LLC 0.00% of their portfolio | 150.2k $52.0k | New |
| Yakira Capital Management, Inc. 0.01% of their portfolio | 147.5k $50.9k | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 125.0k $43.1k | Unchanged |
| Westchester Capital Management, LLC 0.00% of their portfolio | 125.0k $43.1k | Unchanged |
| Meteora Capital, LLC 0.00% of their portfolio | 96.6k $33.3k | Reduced -297.2k |
| Wealthspring Capital LLC 0.01% of their portfolio | 89.6k $30.9k | Unchanged |
| GRITSTONE ASSET MANAGEMENT LLC 0.02% of their portfolio | 73.4k $25.3k | Unchanged |
| Context Capital Management, LLC 0.00% of their portfolio | 62.5k $21.6k | Unchanged |
| Parallax Volatility Advisers, L.P. 0.00% of their portfolio | 53.0k $18.3k | New |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 50.0k $17.2k | Reduced -25.0k |
| MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio | 50.0k $17.3k | Unchanged |
| Bulldog Investors, LLP 0.00% of their portfolio | 47.9k $16.3k | Reduced -976 |
| Lineage Point Capital LP 0.00% of their portfolio | 47.5k $16.4k | New |
| T3 Companies, LLC 0.01% of their portfolio | 35.0k $12.1k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 25.0k $8.6k | New |
| Arax Advisory Partners 0.00% of their portfolio | 500 $173 | New |
| BARCLAYS PLC 0.00% of their portfolio | 390 $135 | Unchanged |
| UBS Group AG 0.00% of their portfolio | 370 $128 | Added +200 |