Vault-13

PANACEA ACQUISITION CORP II

CL A SHS · CUSIP G6882C106

55 institutional holders +2 vs Q4 2022
17,005,62217.0m shares reported held*
$173.7mreported value*
6 new 13 added 8 reduced 4 sold out net bought ≈ $3.4m (+337.1k 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 ≈ $10.21.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 49Q4 22: 53Q1 23: 5555Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202249
Q4 202253
Q1 202355

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 17 bought or addedQ4 22: 15 cut or sold outQ4 22Q1 23: 19 bought or addedQ1 23: 12 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221715
Q1 20231912

Biggest buyers

First Trust Capital Management L.P. Added +704,789+704.8k
ARISTEIA CAPITAL, L.L.C. Added +446,784+446.8k
Hudson Bay Capital Management LP Added +420,820+420.8k
Westchester Capital Management, LLC New +300,000+300.0k
CANTOR FITZGERALD, L. P. New +250,000+250.0k
FIR TREE CAPITAL MANAGEMENT LP New +235,598+235.6k
Flow State Investments, L.P. New +216,502+216.5k
HGC Investment Management Inc. New +170,272+170.3k
ROYAL BANK OF CANADA Added +101,297+101.3k
Shaolin Capital Management LLC Added +85,137+85.1k

Biggest sellers

CITADEL ADVISORS LLC Reduced -986,721-986.7k
MILLENNIUM MANAGEMENT LLC Sold out -661,338-661.3k
Avidity Partners Management LP Sold out -500,000-500.0k
MARSHALL WACE, LLP Reduced -497,161-497.2k
VICTORY CAPITAL MANAGEMENT INC Sold out -143,940-143.9k
Cowen Investment Management LLC Reduced -29,500-29.5k
Magnetar Financial LLC Reduced -23,375-23.4k
GLAZER CAPITAL, LLC Reduced -21,400-21.4k
AQR Arbitrage LLC Reduced -7,728-7.7k
Karpus Management, Inc. Reduced -4,600-4.6k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 0.43% of their portfolio GREENWICH, CT 1,674,9431.7m $17.1m $17.1m 0.43% Added +446.8k +446,784
2 683 Capital Management, LLC 1.35% of their portfolio NEW YORK, NY 1,480,0001.5m $15.1m $15.1m 1.35% Unchanged
3 MAVERICK CAPITAL LTD 0.36% of their portfolio DALLAS, TX 1,385,2501.4m $14.2m $14.2m 0.36% Unchanged
4 First Trust Capital Management L.P. 0.49% of their portfolio CHICAGO, IL 1,101,8521.1m $11.3m $11.3m 0.49% Added +704.8k +704,789
5 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 950,000950.0k $9.7m $9.7m 0.02% Unchanged
6 RIT CAPITAL PARTNERS PLC 3.10% of their portfolio London, X0 900,000900.0k $9.2m $9.2m 3.10% Unchanged
7 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.05% of their portfolio SAN FRANCISCO, CA 750,000750.0k $7.7m $7.7m 0.05% Unchanged
8 Sculptor Capital LP 0.18% of their portfolio New York, NY 707,333707.3k $7.2m $7.2m 0.18% Unchanged
9 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 514,530514.5k $5.2m $5.2m 0.01% Reduced -986.7k -986,721
10 Boxer Capital, LLC 0.25% of their portfolio San Diego, CA 500,000500.0k $5.1m $5.1m 0.25% Unchanged
11 Saba Capital Management, L.P. 0.12% of their portfolio NEW YORK, NY 500,000500.0k $5.1m $5.1m 0.12% Unchanged
12 Hudson Bay Capital Management LP 0.03% of their portfolio STAMFORD, CT 483,502483.5k $4.9m $4.9m 0.03% Added +420.8k +420,820
13 Sage Rock Capital Management LP 2.13% of their portfolio NEW YORK, NY 401,459401.5k $4.1m $4.1m 2.13% Unchanged
14 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 400,300400.3k $4.1m $4.1m 0.01% Added +300 +300
15 GLAZER CAPITAL, LLC 0.21% of their portfolio New York, NY 368,091368.1k $3.8m $3.8m 0.21% Reduced -21.4k -21,400
16 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 311,568311.6k $3.2m $3.2m 0.01% Reduced -497.2k -497,161
17 Westchester Capital Management, LLC 0.10% of their portfolio VALHALLA, NY 300,000300.0k $3.1m $3.1m 0.10% New
18 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 278,196278.2k $2.8m $2.8m 0.00% Added +28.2k +28,196
19 GREENLIGHT CAPITAL INC 0.15% of their portfolio New York, NY 275,000275.0k $2.8m $2.8m 0.15% Unchanged
20 CANTOR FITZGERALD, L. P. 0.05% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.05% New
21 Governors Lane LP 0.38% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.38% Unchanged
22 FIR TREE CAPITAL MANAGEMENT LP 0.19% of their portfolio New York, NY 235,598235.6k $2.4m $2.4m 0.19% New
23 Magnetar Financial LLC 0.05% of their portfolio EVANSTON, IL 227,750227.8k $2.3m $2.3m 0.05% Reduced -23.4k -23,375
24 Flow State Investments, L.P. 1.83% of their portfolio CHICAGO, IL 216,502216.5k $2.2m $2.2m 1.83% New
25 Radcliffe Capital Management, L.P. 0.13% of their portfolio BALA CYNWYD, PA 199,571199.6k $2.0m $2.0m 0.13% Added +5.6k +5,598
26 HGC Investment Management Inc. 0.18% of their portfolio TORONTO, A6 170,272170.3k $1.7m $1.7m 0.18% New
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 167,982168.0k $1.7m $1.7m 0.00% Unchanged
28 AQR Arbitrage LLC 0.05% of their portfolio Greenwich, CT 165,672165.7k $1.7m $1.7m 0.05% Reduced -7.7k -7,728
29 Cowen Investment Management LLC 0.44% of their portfolio NEW YORK, NY 165,500165.5k $1.7m $1.7m 0.44% Reduced -29.5k -29,500
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 162,259162.3k $1.7m $1.7m 0.00% Added +101.3k +101,297
31 Shaolin Capital Management LLC 0.05% of their portfolio Miami, FL 160,137160.1k $1.6m $1.6m 0.05% Added +85.1k +85,137
32 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 149,831149.8k $1.5m $1.5m 0.00% Unchanged
33 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 130,000130.0k $1.3m $1.3m 0.00% Unchanged
34 GRITSTONE ASSET MANAGEMENT LLC 1.68% of their portfolio Bethesda, MD 130,000130.0k $1.3m $1.3m 1.68% Unchanged
35 Atlas Merchant Capital LLC 0.19% of their portfolio New York, NY 105,000105.0k $1.1m $1.1m 0.19% Added +75.0k +75,000
36 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 100,000100.0k $1.0m $1.0m 0.00% Unchanged
37 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 100,000100.0k $1.0m $1.0m 0.01% Added +25.0k +25,000
38 Exos TFP Holdings LLC 0.22% of their portfolio NEW YORK, NY 86,14586.1k $880.4k $880.4k 0.22% Added +85.1k +85,136
39 Spartan Fund Management Inc. 0.40% of their portfolio TORONTO, ONTARIO, Z4 84,03084.0k $857.1k $857.1k 0.40% Unchanged
40 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 71,70071.7k $731.3k $731.3k 0.00% Unchanged
41 Tetragon Partners GP Ltd 0.08% of their portfolio GRAND CAYMAN, E9 59,68159.7k $609.9k $609.9k 0.08% Unchanged
42 Karpus Management, Inc. 0.02% of their portfolio Pittsford, NY 55,00055.0k $561.0k $561.0k 0.02% Reduced -4.6k -4,600
43 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 50,66150.7k $516.7k $516.7k 0.00% New
44 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 50,00050.0k $509.0k $509.0k 0.01% Unchanged
45 Meteora Capital, LLC 0.04% of their portfolio Boca Raton, FL 35,04135.0k $357.4k $357.4k 0.04% Unchanged
46 DUPONT CAPITAL MANAGEMENT CORP 0.01% of their portfolio Wilmington, DE 30,00030.0k $306.0k $306.0k 0.01% Unchanged
47 CAAS CAPITAL MANAGEMENT LP 0.10% of their portfolio NEW YORK, NY 29,10629.1k $297.5k $297.5k 0.10% Added +12.7k +12,707
48 EHP Funds Inc. 0.06% of their portfolio TORONTO, Z4 25,00025.0k $255.6k $255.6k 0.06% Unchanged
49 Terrapin Asset Management, LLC 0.33% of their portfolio Miami, FL 24,00024.0k $245.4k $245.4k 0.33% Unchanged
50 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 11,29511.3k $115.5k $115.5k 0.00% Reduced -1.0k -1,000
51 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 10,37210.4k $105.8k $105.8k 0.00% Unchanged
52 DARK FOREST CAPITAL MANAGEMENT LP 0.02% of their portfolio NEW YORK, NY 7,2267.2k $73.8k $73.8k 0.02% Unchanged
53 Cohanzick Management, LLC 0.05% of their portfolio Pleasantville, NY 6,7006.7k $68.5k $68.5k 0.05% Unchanged
54 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5671.6k $16.0k $16.0k 0.00% Added +424 +424
55 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged