Vault-13

PIONEER ACQUISITION I CORP PACHW

*W EXP 06/16/203 · Equity WRT · CUSIP G7117W115

48 institutional holders +2 vs Q1 2026
9,565,6559.6m shares reported held*
$2.3mreported value*
3 new 3 added 7 reduced 1 sold out net sold ≈ $5.1k (-19.2k 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 ≈ $0.24. Options: 1 managers hold calls ($51.2k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 25: 33Q4 25: 43Q1 26: 46Q2 26: 4848Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202533
Q4 202543
Q1 202646
Q2 202648

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 25: 18 bought or addedQ4 25: 7 cut or sold outQ4 25Q1 26: 5 bought or addedQ1 26: 6 cut or sold outQ1 26Q2 26: 6 bought or addedQ2 26: 8 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 2025187
Q1 202656
Q2 202668

Calls vs puts

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

CallsPuts
$0$20k$40k$60k$80kQ3 25 calls: $64.3kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $72.3kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $42.8kQ1 26 puts: $0Q1 26P/C 0.00Q2 26 calls: $51.2kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$64.3k$00.00
Q4 2025$72.3k$00.00
Q1 2026$42.8k$00.00
Q2 2026$51.2k$00.00

Biggest buyers

Lineage Point Capital LP New +83,014+83.0k
HRT FINANCIAL LP New +12,600+12.6k
Polar Asset Management Partners Inc. Added +8,500+8.5k
Arax Advisory Partners New +5,250+5.2k
AQR Arbitrage LLC Added +1,200+1.2k
UBS Group AG Added +29+29

Biggest sellers

HEIGHTS CAPITAL MANAGEMENT, INC Sold out -50,000-50.0k
BERKLEY W R CORP Reduced -24,363-24.4k
TORONTO DOMINION BANK Reduced -15,200-15.2k
Clear Street Group Inc. Reduced -14,693-14.7k
Shaolin Capital Management LLC Reduced -11,034-11.0k
Meteora Capital, LLC Reduced -9,100-9.1k
WOLVERINE ASSET MANAGEMENT LLC Reduced -3,647-3.6k
Wealthspring Capital LLC Reduced -1,750-1.8k

Biggest calls

MILLENNIUM MANAGEMENT LLC Unchanged $51.2k237.5k 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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Shaolin Capital Management LLC 0.01% of their portfolio Miami, FL 587,871587.9k $126.8k $126.8k 0.01% Reduced -11.0k -11,034
2 Magnetar Financial LLC 0.00% of their portfolio EVANSTON, IL 500,000500.0k $107.8k $107.8k 0.00% Unchanged
3 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 495,429495.4k $99.6k $99.6k 0.00% Added +1.2k +1,200
4 Wealthspring Capital LLC 0.02% of their portfolio WEST HARRISON, NY 438,577438.6k $94.6k $94.6k 0.02% Reduced -1.8k -1,750
5 Westchester Capital Management, LLC 0.00% of their portfolio VALHALLA, NY 424,999425.0k $91.7k $91.7k 0.00% Unchanged
6 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 395,591395.6k $85.4k $85.4k 0.00% Reduced -15.2k -15,200
7 Linden Advisors LP 0.00% of their portfolio New York, NY 375,001375.0k $85.8k $85.8k 0.00% Unchanged
8 MMCAP International Inc. SPC 0.01% of their portfolio GRAND CAYMAN, E9 375,000375.0k $80.9k $80.9k 0.01% Unchanged
9 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 351,718351.7k $75.9k $75.9k 0.00% Unchanged
10 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 325,000325.0k $70.1k $70.1k 0.00% Unchanged
11 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 305,019305.0k $65.8k $65.8k 0.00% Unchanged
12 Periscope Capital Inc. 0.01% of their portfolio Toronto, A6 304,700304.7k $65.7k $65.7k 0.01% Unchanged
13 TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio NEW YORK, NY 300,000300.0k $64.7k $64.7k 0.00% Unchanged
14 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 294,098294.1k $63.4k $63.4k 0.00% Reduced -14.7k -14,693
15 Lepercq De Neuflize Asset Management LLC 0.04% of their portfolio NEW YORK, NY 266,000266.0k $57.4k $57.4k 0.04% Unchanged
16 Polar Asset Management Partners Inc. 0.00% of their portfolio TORONTO, A6 258,500258.5k $55.8k $55.8k 0.00% Added +8.5k +8,500
17 Radcliffe Capital Management, L.P. 0.00% of their portfolio BALA CYNWYD, PA 250,000250.0k $57.2k $57.2k 0.00% Unchanged
18 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 250,000250.0k $53.9k $53.9k 0.00% Unchanged
19 PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio Toronto, A6 250,000250.0k $53.9k $53.9k 0.00% Unchanged
20 Jain Global LLC 0.00% of their portfolio NEW YORK, NY 250,000250.0k $53.9k $53.9k 0.00% Unchanged
21 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 220,000220.0k $47.5k $47.5k 0.00% Unchanged
22 GLAZER CAPITAL, LLC 0.00% of their portfolio New York, NY 200,000200.0k $43.0k $43.0k 0.00% Unchanged
23 ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio GREENWICH, CT 200,000200.0k $45.8k $45.8k 0.00% Unchanged
24 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 200,000200.0k $43.2k $43.2k 0.00% Unchanged
25 Mint Tower Capital Management B.V. 0.01% of their portfolio AMSTERDAM, P7 200,000200.0k $43.0k $43.0k 0.01% Unchanged
26 Meteora Capital, LLC 0.00% of their portfolio Boca Raton, FL 196,237196.2k $42.3k $42.3k 0.00% Reduced -9.1k -9,100
27 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 154,207154.2k $33.3k $33.3k 0.00% Unchanged
28 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 150,000150.0k $32.4k $32.4k 0.00% Unchanged
29 MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio NEW YORK, NY 125,000125.0k $27.0k $27.0k 0.00% Unchanged
30 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio WEST PALM BEACH, FL 124,879124.9k $30.0k $30.0k 0.00% Unchanged
31 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 123,000123.0k $26.5k $26.5k 0.00% Unchanged
32 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 97,04997.0k $20.9k $20.9k 0.00% Reduced -3.6k -3,647
33 Lineage Point Capital LP 0.00% of their portfolio PALM BEACH, FL 83,01483.0k $17.9k $17.9k 0.00% New
34 Context Capital Management, LLC 0.00% of their portfolio LAJOLLA, CA 75,00075.0k $16.2k $16.2k 0.00% Unchanged
35 TIG Advisors, LLC 0.00% of their portfolio New York, NY 74,99975.0k $16.2k $16.2k 0.00% Unchanged
36 DLD Asset Management, LP 0.00% of their portfolio NEW YORK, NY 50,38950.4k $10.9k $10.9k 0.00% Unchanged
37 BERKLEY W R CORP 0.00% of their portfolio Greenwich, CT 50,00050.0k $10.8k $10.8k 0.00% Reduced -24.4k -24,363
38 Governors Lane LP 0.00% of their portfolio NEW YORK, NY 50,00050.0k $10.8k $10.8k 0.00% Unchanged
39 GRITSTONE ASSET MANAGEMENT LLC 0.01% of their portfolio Bethesda, MD 34,66234.7k $7.5k $7.5k 0.01% Unchanged
40 Timelo Investment Management Inc. 0.01% of their portfolio Aurora, A6 30,00030.0k $6.5k $6.5k 0.01% Unchanged
41 Centiva Capital, LP 0.00% of their portfolio New York, NY 25,00025.0k $5.4k $5.4k 0.00% Unchanged
42 Kepos Capital LP 0.01% of their portfolio NEW YORK, NY 23,55023.6k $5.0k $5.0k 0.01% Unchanged
43 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 22,50022.5k $230.2k $230.2k 0.00% Unchanged
44 Endure Capital Management, LLC 0.00% of their portfolio AUSTIN, TX 22,40022.4k $4.8k $4.8k 0.00% Unchanged
45 Stoic Point Capital Management LLC 0.00% of their portfolio PALO ALTO, CA 16,88716.9k $3.6k $3.6k 0.00% Unchanged
46 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 12,60012.6k $2.0k $2.0k 0.00% New
47 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 5,2505.2k $1.1k $1.1k 0.00% New
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5291.5k $330 $330 0.00% Added +29 +29