Vault-13

PONO CAP THREE INC

UNIT 01/11/2028 · CUSIP G71704129

11 institutional holders -10 vs Q2 2023
1,629,7431.6m shares reported held*
$17.3mreported value*
1 new 1 added 0 reduced 11 sold out net sold ≈ $18.4m (-1.7m 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 ≈ $10.61.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q1 23: 50Q2 23: 21Q3 23: 1111Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q1 202350
Q2 202321
Q3 202311

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 2 bought or addedQ2 23: 38 cut or sold outQ2 23Q3 23: 2 bought or addedQ3 23: 11 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q2 2023238
Q3 2023211

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $4.5mQ2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —
Numbers
QuarterCallsPutsP/C
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$4.5m—
Q3 2023$0$0—

Biggest buyers

CLEAR STREET LLC New +3,180+3.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,165+1.2k

Biggest sellers

Periscope Capital Inc. Sold out -742,370-742.4k
Wealthspring Capital LLC Sold out -196,935-196.9k
Lynwood Capital Management Inc. Sold out -175,000-175.0k
Bulldog Investors, LLP Sold out -148,655-148.7k
CVI Holdings, LLC Sold out -147,200-147.2k
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS Sold out -100,000-100.0k
WHITEBOX ADVISORS LLC Sold out -100,000-100.0k
Meteora Capital, LLC Sold out -60,000-60.0k
Yakira Capital Management, Inc. Sold out -39,291-39.3k
Schechter Investment Advisors, LLC Sold out -14,440-14.4k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Kepos Capital LP 0.69% of their portfolio NEW YORK, NY 365,000365.0k $3.9m $3.9m 0.69% Unchanged
2 Walleye Capital LLC 0.05% of their portfolio NEW YORK, NY 309,760309.8k $3.3m $3.3m 0.05% Unchanged
3 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 255,000255.0k $2.7m $2.7m 0.01% Unchanged
4 HGC Investment Management Inc. 0.89% of their portfolio TORONTO, A6 255,000255.0k $2.7m $2.7m 0.89% Unchanged
5 WOLVERINE ASSET MANAGEMENT LLC 0.04% of their portfolio CHICAGO, IL 180,000180.0k $1.9m $1.9m 0.04% Unchanged
6 Walleye Trading LLC 0.04% of their portfolio NEW YORK, NY 174,240174.2k $1.8m $1.8m 0.04% Unchanged
7 SkyView Investment Advisors, LLC 0.19% of their portfolio SHREWSBURY, NJ 45,00045.0k $477.0k $477.0k 0.19% Unchanged
8 Terrapin Asset Management, LLC 0.44% of their portfolio Miami, FL 30,00030.0k $318.3k $318.3k 0.44% Unchanged
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 12,56312.6k $133.3k $133.3k 0.00% Added +1.2k +1,165
10 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 3,1803.2k $33.7k $33.7k 0.00% New
11 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged