Vault-13

MELAR ACQUISITION CORP. I MACI

SHS CL A · Common Stock · CUSIP G6004G100

17 institutional holders -20 vs Q1 2026
5,158,1105.2m shares reported held*
$56.0mreported value*
3 new 1 added 8 reduced 23 sold out net sold ≈ $119.6m (-11.0m 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 ≈ $10.85.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 24: 31Q4 24: 35Q1 25: 34Q2 25: 37Q3 25: 37Q4 25: 38Q1 26: 37Q2 26: 1717Q3 24Q1 25Q3 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202431
Q4 202435
Q1 202534
Q2 202537
Q3 202537
Q4 202538
Q1 202637
Q2 202617

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 24: 12 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 11 bought or addedQ1 25: 10 cut or sold outQ2 25: 10 bought or addedQ2 25: 10 cut or sold outQ2 25Q3 25: 10 bought or addedQ3 25: 10 cut or sold outQ4 25: 8 bought or addedQ4 25: 13 cut or sold outQ4 25Q1 26: 7 bought or addedQ1 26: 10 cut or sold outQ2 26: 4 bought or addedQ2 26: 31 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 20241213
Q1 20251110
Q2 20251010
Q3 20251010
Q4 2025813
Q1 2026710
Q2 2026431

Biggest buyers

Meteora Capital, LLC New +15,119+15.1k
JPMORGAN CHASE & CO New +12,586+12.6k
Clear Street Group Inc. New +10,175+10.2k
Tuttle Capital Management, LLC Added +1,154+1.2k

Biggest sellers

First Trust Capital Management L.P. Reduced -1,159,999-1.2m
WOLVERINE ASSET MANAGEMENT LLC Sold out -1,026,683-1.0m
AQR Arbitrage LLC Reduced -861,366-861.4k
LMR Partners LLP Reduced -742,500-742.5k
Polar Asset Management Partners Inc. Reduced -735,000-735.0k
D. E. Shaw & Co., Inc. Sold out -576,328-576.3k
Cable Car Capital, LP Sold out -492,500-492.5k
Wealthspring Capital LLC Sold out -447,964-448.0k
Radcliffe Capital Management, L.P. Sold out -426,939-426.9k
Westchester Capital Management, LLC Sold out -424,707-424.7k

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
Melar Acquisition Sponsor I LLC 13G · exempt (held before listing) new · filed 2025-02-13 26.0% new 5.6m≈ $61.2m 2025-02-13
Karpus Management, Inc. 13G · institution +5.5 pts · filed 2026-07-07 10.1% +5.5 pts 961.3k≈ $10.5m 2026-07-07
BERKLEY W R CORP 13G · institution +2.9 pts · filed 2026-08-06 8.3% +2.9 pts 795.9k≈ $8.7m 2026-08-06
LMR Partners LLP 13G · institution filed 2026-08-14 7.8% 742.5k≈ $8.1m 2026-08-14
METEORA CAPITAL, LLC 13G · institution new · filed 2025-08-14 6.9% new 1.1m≈ $12.1m 2025-08-14

Fell to 5% or below in the last year: First Trust Capital Management L.P. (2.5%, 2026-08-14), AQR CAPITAL MANAGEMENT LLC (3.4%, 2026-08-13), MIZUHO FINANCIAL GROUP INC (0.0%, 2026-08-13), WOLVERINE ASSET MANAGEMENT LLC (0.0%, 2026-07-02), BARCLAYS PLC (3.6%, 2026-05-14), BANK OF MONTREAL /CAN/ (0.0%, 2026-01-08)

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MIZUHO SECURITIES USA LLC 0.13% of their portfolio NEW YORK, NY 1,250,7271.3m $13.4m $13.4m 0.13% Unchanged
2 Karpus Management, Inc. 0.30% of their portfolio Pittsford, NY 961,303961.3k $10.5m $10.5m 0.30% Reduced -27.2k -27,202
3 BERKLEY W R CORP 0.43% of their portfolio Greenwich, CT 795,916795.9k $8.7m $8.7m 0.43% Reduced -203.0k -203,047
4 Polar Asset Management Partners Inc. 0.15% of their portfolio TORONTO, A6 750,000750.0k $8.2m $8.2m 0.15% Reduced -735.0k -735,000
5 LMR Partners LLP 0.06% of their portfolio LONDON, X0 742,500742.5k $8.1m $8.1m 0.06% Reduced -742.5k -742,500
6 First Trust Capital Management L.P. 0.15% of their portfolio CHICAGO, IL 240,001240.0k $2.6m $2.6m 0.15% Reduced -1.2m -1,159,999
7 AQR Arbitrage LLC 0.02% of their portfolio Greenwich, CT 135,133135.1k $1.5m $1.5m 0.02% Reduced -861.4k -861,366
8 Periscope Capital Inc. 0.22% of their portfolio Toronto, A6 125,000125.0k $1.4m $1.4m 0.22% Unchanged
9 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 44,86744.9k $488.2k $488.2k 0.00% Reduced -254.5k -254,464
10 Dakota Wealth Management 0.01% of their portfolio PALM BEACH GARDENS, FL 37,50037.5k $408.0k $408.0k 0.01% Unchanged
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 20,51420.5k $223.2k $223.2k 0.00% Unchanged
12 Tuttle Capital Management, LLC 0.12% of their portfolio RIVERSIDE, CT 16,15416.2k $175.8k $175.8k 0.12% Added +1.2k +1,154
13 Meteora Capital, LLC 0.01% of their portfolio Boca Raton, FL 15,11915.1k $164.5k $164.5k 0.01% New
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 12,58612.6k $136.9k $136.9k 0.00% New
15 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 10,17510.2k $110.7k $110.7k 0.00% New
16 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.00% of their portfolio BOSTON, MA 550550 $6.0k $6.0k 0.00% Unchanged
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6565 $707 $707 0.00% Reduced -15 -15