Vault-13

ONYX ACQUISITION CO I

SHS CL A · CUSIP G6755Q109

19 institutional holders -3 vs Q1 2023
3,957,4014.0m shares reported held*
$42.8mreported value*
1 new 3 added 3 reduced 4 sold out net sold ≈ $4.1m (-383.1k 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 ≈ $10.81. Options: 1 managers hold calls ($216.2k notional), 1 hold puts ($1.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 62Q1 23: 22Q2 23: 1919Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202262
Q4 202262
Q1 202322
Q2 202319

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 16 bought or addedQ4 22: 15 cut or sold outQ4 22Q1 23: 8 bought or addedQ1 23: 55 cut or sold outQ1 23Q2 23: 4 bought or addedQ2 23: 7 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221615
Q1 2023855
Q2 202347

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 22 calls: $202.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $206.0kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $210.4kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $216.2kQ2 23 puts: $1.6mQ2 23P/C 7.50
Numbers
QuarterCallsPutsP/C
Q3 2022$202.0k$00.00
Q4 2022$206.0k$00.00
Q1 2023$210.4k$00.00
Q2 2023$216.2k$1.6m7.50

Biggest buyers

BERKLEY W R CORP Added +99,522+99.5k
CLEAR STREET LLC Added +5,431+5.4k
Meteora Capital, LLC Added +3,002+3.0k
Sea Otter Advisors LLC New +4+4

Biggest sellers

Shaolin Capital Management LLC Sold out -150,000-150.0k
Cubist Systematic Strategies, LLC Sold out -139,859-139.9k
Crystalline Management Inc. Sold out -100,000-100.0k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -39,622-39.6k
Sandia Investment Management LP Reduced -39,622-39.6k
STATE STREET CORP Sold out -20,485-20.5k
GLAZER CAPITAL, LLC Reduced -1,469-1.5k

Biggest calls

Paloma Partners Management Co Unchanged $216.2k20.0k shares

Biggest puts

Shaolin Capital Management LLC New $1.6m150.0k 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 VR Advisory Services Ltd 5.21% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 1,500,0001.5m $16.2m $16.2m 5.21% Unchanged
2 CARRONADE CAPITAL MANAGEMENT, LP 4.32% of their portfolio DARIEN, CT 1,000,0001.0m $10.8m $10.8m 4.32% Unchanged
3 AQR Arbitrage LLC 0.13% of their portfolio Greenwich, CT 282,936282.9k $3.1m $3.1m 0.13% Unchanged
4 Meteora Capital, LLC 0.36% of their portfolio Boca Raton, FL 182,403182.4k $2.0m $2.0m 0.36% Added +3.0k +3,002
5 BERKLEY W R CORP 0.11% of their portfolio Greenwich, CT 175,267175.3k $1.9m $1.9m 0.11% Added +99.5k +99,522
6 Saba Capital Management, L.P. 0.06% of their portfolio NEW YORK, NY 166,711166.7k $1.8m $1.8m 0.06% Unchanged
7 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 132,865132.9k $1.4m $1.4m 0.04% Reduced -39.6k -39,622
8 HIGHLAND PEAK CAPITAL, LLC 0.83% of their portfolio OLD GREENWICH, CT 111,400111.4k $1.2m $1.2m 0.83% Unchanged
9 Polar Asset Management Partners Inc. 0.02% of their portfolio TORONTO, A6 100,000100.0k $1.1m $1.1m 0.02% Unchanged
10 Mint Tower Capital Management B.V. 0.14% of their portfolio AMSTERDAM, P7 98,41798.4k $1.1m $1.1m 0.14% Unchanged
11 Sandia Investment Management LP 0.20% of their portfolio BOSTON, MA 60,37860.4k $652.7k $652.7k 0.20% Reduced -39.6k -39,622
12 MOORE CAPITAL MANAGEMENT, LP 0.01% of their portfolio NEW YORK, NY 50,00050.0k $540.5k $540.5k 0.01% Unchanged
13 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 32,00032.0k $345.9k $345.9k 0.01% Unchanged
14 GLAZER CAPITAL, LLC 0.02% of their portfolio New York, NY 30,52130.5k $330.0k $330.0k 0.02% Reduced -1.5k -1,469
15 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 18,00018.0k $194.6k $194.6k 0.01% Unchanged
16 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 10,96011.0k $118.5k $118.5k 0.00% Unchanged
17 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 5,5395.5k $59.9k $59.9k 0.00% Added +5.4k +5,431
18 Sea Otter Advisors LLC 0.00% of their portfolio Miami, FL 44 $43 $43 0.00% New
19 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged