DENALI CAPITAL ACQUISITN COR SMNRW
*W EXP 03/28/202 · Equity WRT · CUSIP G6256B114
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersPalo Alto, CA
- FilingsSEC EDGAR
* 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 ≈ $0.89. Options: 1 managers hold calls ($18.1k notional), 0 hold puts (—).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 26 |
| Q4 2022 | 26 |
| Q1 2023 | 29 |
| Q2 2023 | 28 |
| Q3 2023 | 30 |
| Q4 2023 | 29 |
| Q1 2024 | 26 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 3 | 2 |
| Q1 2023 | 7 | 5 |
| Q2 2023 | 2 | 4 |
| Q3 2023 | 3 | 5 |
| Q4 2023 | 3 | 8 |
| Q1 2024 | 3 | 6 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $0 | $0 | — |
| Q3 2023 | $0 | $0 | — |
| Q4 2023 | $23.5k | $0 | 0.00 |
| Q1 2024 | $18.1k | $0 | 0.00 |
Biggest buyers
| COWEN AND COMPANY, LLC | Added | +126.0k |
| BANK OF AMERICA CORP /DE/ | New | +130 |
| CLEAR STREET LLC | Added | +100 |
Biggest sellers
| AQR Arbitrage LLC | Sold out | -162.2k |
| Spartan Fund Management Inc. | Sold out | -116.5k |
| Meteora Capital, LLC | Reduced | -68.9k |
| CVI Holdings, LLC | Sold out | -38.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -12.8k |
| MANGROVE PARTNERS IM, LLC | Reduced | -3.1k |
Biggest calls
| ATW SPAC MANAGEMENT LLC | Unchanged | $18.1k470.0k 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 in Q1 2024
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 in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 1.4m $53.8k | Unchanged |
| Context Capital Management, LLC 0.00% of their portfolio | 605.0k $30.9k | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.11% of their portfolio | 470.0k $4.1m | Unchanged |
| Shaolin Capital Management LLC 0.00% of their portfolio | 443.1k $22.6k | Unchanged |
| Saba Capital Management, L.P. 0.00% of their portfolio | 410.0k $15.8k | Unchanged |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 396.9k $20.2k | Unchanged |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 393.4k $20.1k | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 350.0k $13.8k | Unchanged |
| Taconic Capital Advisors LP 0.00% of their portfolio | 257.5k $13.1k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 225.0k $11.5k | Unchanged |
| Arena Investors LP 0.36% of their portfolio | 225.0k $8.9k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 200.0k $10.2k | Unchanged |
| Periscope Capital Inc. 0.00% of their portfolio | 199.5k $7.7k | Unchanged |
| COWEN AND COMPANY, LLC 0.00% of their portfolio | 195.7k $10.0k | Added +126.0k |
| MANGROVE PARTNERS IM, LLC 0.12% of their portfolio | 195.1k $1.7m | Reduced -3.1k |
| CLEAR STREET LLC 0.00% of their portfolio | 180.2k $9.2k | Added +100 |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 162.4k $8.3k | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 154.8k $7.9k | Unchanged |
| Lynwood Capital Management Inc. 0.03% of their portfolio | 104.5k $5.3k | Unchanged |
| Yakira Capital Management, Inc. 0.00% of their portfolio | 95.0k $3.7k | Unchanged |
| Meteora Capital, LLC 0.00% of their portfolio | 68.9k $2.1k | Reduced -68.9k |
| Cable Car Capital, LP 0.00% of their portfolio | 45.0k $2.3k | Unchanged |
| III Capital Management 0.00% of their portfolio | 41.2k $1.6k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 20.0k $769 | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 130 $4 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |