Vault-13

PONTEM CORPORATION

SHS CL A · CUSIP G71707106

48 institutional holders -56 vs Q4 2022
25,770,30625.8m shares reported held*
$309.7mreported value*
7 new 15 added 14 reduced 62 sold out net sold ≈ $399.5m (-38.7m 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 ≈ $12.02. Options: 2 managers hold calls ($431.7k notional), 0 hold puts (—).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 101Q4 22: 104Q1 23: 4848Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022101
Q4 2022104
Q1 202348

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 32 bought or addedQ4 22: 26 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 76 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223226
Q1 20232276

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 22 calls: $398.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $412.4kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $431.7kQ1 23 puts: $0Q1 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$398.0k$00.00
Q4 2022$412.4k$00.00
Q1 2023$431.7k$00.00

Biggest buyers

HGC Investment Management Inc. Added +1,059,225+1.1m
Meteora Capital, LLC Added +848,002+848.0k
Atlas Merchant Capital LLC Added +500,000+500.0k
COWEN AND COMPANY, LLC Added +474,717+474.7k
GRAHAM CAPITAL WEALTH MANAGEMENT, LLC New +468,795+468.8k
Centiva Capital, LP Added +445,547+445.5k
BOOTHBAY FUND MANAGEMENT, LLC Added +417,568+417.6k
Owl Creek Asset Management, L.P. Added +382,997+383.0k
Castle Creek Arbitrage, LLC Added +367,189+367.2k
WOLVERINE ASSET MANAGEMENT LLC Added +282,788+282.8k

Biggest sellers

ADAGE CAPITAL PARTNERS GP, L.L.C. Sold out -5,400,000-5.4m
GLAZER CAPITAL, LLC Reduced -3,351,113-3.4m
MILLENNIUM MANAGEMENT LLC Sold out -3,172,830-3.2m
ARISTEIA CAPITAL, L.L.C. Sold out -3,112,599-3.1m
Polar Asset Management Partners Inc. Sold out -2,359,998-2.4m
NOMURA HOLDINGS INC Sold out -2,102,016-2.1m
HSBC HOLDINGS PLC Sold out -1,926,562-1.9m
BANK OF MONTREAL /CAN/ Sold out -1,898,358-1.9m
BERKLEY W R CORP Reduced -1,866,850-1.9m
MARSHALL WACE, LLP Sold out -1,557,628-1.6m

Biggest calls

Paloma Partners Management Co Unchanged $413.2k40.0k shares
J. Goldman & Co LP Unchanged $18.5k110.3k 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.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GLAZER CAPITAL, LLC 1.99% of their portfolio New York, NY 3,518,7873.5m $36.3m $36.3m 1.99% Reduced -3.4m -3,351,113
2 HGC Investment Management Inc. 2.24% of their portfolio TORONTO, A6 2,118,4502.1m $21.9m $21.9m 2.24% Added +1.1m +1,059,225
3 FIR TREE CAPITAL MANAGEMENT LP 1.60% of their portfolio New York, NY 1,931,5191.9m $20.0m $20.0m 1.60% Added +150.0k +150,000
4 Westchester Capital Management, LLC 0.57% of their portfolio VALHALLA, NY 1,730,8561.7m $17.9m $17.9m 0.57% Unchanged
5 CVI Holdings, LLC 4.07% of their portfolio WILMINGTON, DE 1,045,1811.0m $10.8m $10.8m 4.07% Unchanged
6 Meteora Capital, LLC 1.19% of their portfolio Boca Raton, FL 978,276978.3k $10.1m $10.1m 1.19% Added +848.0k +848,002
7 Weiss Asset Management LP 0.77% of their portfolio BOSTON, MA 950,000950.0k $9.8m $9.8m 0.77% Reduced -1.1m -1,077,910
8 MIZUHO SECURITIES USA LLC 0.55% of their portfolio NEW YORK, NY 943,808943.8k $9.6m $9.6m 0.55% Added +129.2k +129,182
9 Centiva Capital, LP 0.53% of their portfolio New York, NY 921,562921.6k $9.5m $9.5m 0.53% Added +445.5k +445,547
10 Periscope Capital Inc. 0.41% of their portfolio Toronto, A6 850,000850.0k $8.8m $8.8m 0.41% Reduced -396.4k -396,360
11 BERKLEY W R CORP 0.53% of their portfolio Greenwich, CT 805,136805.1k $8.3m $8.3m 0.53% Reduced -1.9m -1,866,850
12 Radcliffe Capital Management, L.P. 0.49% of their portfolio BALA CYNWYD, PA 756,418756.4k $7.8m $7.8m 0.49% Reduced -61.5k -61,487
13 Sage Rock Capital Management LP 3.93% of their portfolio NEW YORK, NY 735,019735.0k $7.6m $7.6m 3.93% Added +200.0k +200,000
14 Atlas Merchant Capital LLC 1.22% of their portfolio New York, NY 680,000680.0k $7.0m $7.0m 1.22% Added +500.0k +500,000
15 Castle Creek Arbitrage, LLC 0.76% of their portfolio AVON, CO 667,186667.2k $6.9m $6.9m 0.76% Added +367.2k +367,189
16 First Trust Capital Management L.P. 0.27% of their portfolio CHICAGO, IL 601,848601.8k $6.2m $6.2m 0.27% Reduced -601.8k -601,848
17 Hudson Bay Capital Management LP 0.04% of their portfolio STAMFORD, CT 587,845587.8k $6.1m $6.1m 0.04% Reduced -769.7k -769,653
18 Sculptor Capital LP 0.14% of their portfolio New York, NY 534,870534.9k $5.5m $5.5m 0.14% Added +200.0k +200,000
19 BOOTHBAY FUND MANAGEMENT, LLC 0.14% of their portfolio NEW YORK, NY 524,411524.4k $5.4m $5.4m 0.14% Added +417.6k +417,568
20 COWEN AND COMPANY, LLC 0.61% of their portfolio NEW YORK, NY 500,000500.0k $5.2m $5.2m 0.61% Added +474.7k +474,717
21 Owl Creek Asset Management, L.P. 0.41% of their portfolio New York, NY 500,000500.0k $5.2m $5.2m 0.41% Added +383.0k +382,997
22 GRAHAM CAPITAL WEALTH MANAGEMENT, LLC 6.99% of their portfolio WASHINGTON, DC 468,795468.8k $48.4m $48.4m 6.99% New
23 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 400,000400.0k $4.1m $4.1m 0.01% Reduced -617.2k -617,191
24 MOORE CAPITAL MANAGEMENT, LP 0.10% of their portfolio NEW YORK, NY 300,000300.0k $3.1m $3.1m 0.10% Reduced -700.0k -700,000
25 WOLVERINE ASSET MANAGEMENT LLC 0.05% of their portfolio CHICAGO, IL 283,088283.1k $2.9m $2.9m 0.05% Added +282.8k +282,788
26 Mint Tower Capital Management B.V. 0.37% of their portfolio AMSTERDAM, P7 259,887259.9k $2.7m $2.7m 0.37% Unchanged
27 AQR Arbitrage LLC 0.08% of their portfolio Greenwich, CT 250,000250.0k $2.6m $2.6m 0.08% Unchanged
28 Taconic Capital Advisors LP 0.16% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.16% Unchanged
29 Saba Capital Management, L.P. 0.06% of their portfolio NEW YORK, NY 248,738248.7k $2.6m $2.6m 0.06% Reduced -987.2k -987,243
30 Exos TFP Holdings LLC 0.52% of their portfolio NEW YORK, NY 197,975198.0k $2.0m $2.0m 0.52% Added +46.0k +46,008
31 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 193,996194.0k $2.0m $2.0m 0.03% Reduced -106.0k -106,004
32 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 191,021191.0k $2.0m $2.0m 0.01% Unchanged
33 Segantii Capital Management Ltd 0.08% of their portfolio HONG KONG, K3 175,000175.0k $1.8m $1.8m 0.08% New
34 LMR Partners LLP 0.03% of their portfolio LONDON, X0 150,000150.0k $1.5m $1.5m 0.03% Unchanged
35 KIM, LLC 0.11% of their portfolio WICHITA, KS 150,000150.0k $1.5m $1.5m 0.11% Unchanged
36 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.29% of their portfolio BOSTON, MA 124,571124.6k $1.3m $1.3m 0.29% New
37 Sandia Investment Management LP 0.14% of their portfolio BOSTON, MA 71,28171.3k $736.3k $736.3k 0.14% Unchanged
38 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 46,59346.6k $481.3k $481.3k 0.01% Added +240 +240
39 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 31,09431.1k $321.2k $321.2k 0.01% Unchanged
40 Spartan Fund Management Inc. 0.13% of their portfolio TORONTO, ONTARIO, Z4 26,86626.9k $277.5k $277.5k 0.13% New
41 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 25,00025.0k $258.2k $258.2k 0.00% Reduced -81.1k -81,128
42 BCK CAPITAL MANAGEMENT LP 0.17% of their portfolio STAMFORD, CT 18,56718.6k $191.8k $191.8k 0.17% New
43 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 14,31114.3k $147.8k $147.8k 0.00% Reduced -48.9k -48,937
44 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 11,30811.3k $116.8k $116.8k 0.02% New
45 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 631631 $6.5k $6.5k 0.00% Reduced -11.3k -11,277
46 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 400400 $4.1k $4.1k 0.00% Unchanged
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1212 $0 $0 0.00% New
48 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged