Vault-13

RCF ACQUISITION CORP

*W EXP 99/99/999 · CUSIP G7330C110

32 institutional holders -2 vs Q2 2024
6,526,5186.5m shares reported held*
$375.3kreported value*
2 new 2 added 3 reduced 3 sold out net sold ≈ $10.1k (-391.6k 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 ≈ $0.06. Options: 4 managers hold calls ($399.9k notional), 0 hold puts (—).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 36Q4 22: 39Q1 23: 36Q2 23: 37Q3 23: 37Q4 23: 33Q1 24: 34Q2 24: 34Q3 24: 3232Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202236
Q4 202239
Q1 202336
Q2 202337
Q3 202337
Q4 202333
Q1 202434
Q2 202434
Q3 202432

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 5 bought or addedQ4 22: 7 cut or sold outQ1 23: 5 bought or addedQ1 23: 7 cut or sold outQ1 23Q2 23: 8 bought or addedQ2 23: 7 cut or sold outQ3 23: 7 bought or addedQ3 23: 8 cut or sold outQ3 23Q4 23: 5 bought or addedQ4 23: 10 cut or sold outQ1 24: 2 bought or addedQ1 24: 4 cut or sold outQ1 24Q2 24: 3 bought or addedQ2 24: 3 cut or sold outQ3 24: 4 bought or addedQ3 24: 6 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 202257
Q1 202357
Q2 202387
Q3 202378
Q4 2023510
Q1 202424
Q2 202433
Q3 202446

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ4 23 calls: $943.6kQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $384.4kQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $394.5kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $399.9kQ3 24 puts: $0Q3 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2023$943.6k$00.00
Q1 2024$384.4k$00.00
Q2 2024$394.5k$00.00
Q3 2024$399.9k$00.00

Biggest buyers

Blue Owl Capital Holdings LP New +175,000+175.0k
HIGHBRIDGE CAPITAL MANAGEMENT LLC Added +111,300+111.3k
CITADEL ADVISORS LLC Added +38,099+38.1k
UBS Group AG New +431+431

Biggest sellers

Flow State Investments, L.P. Sold out -300,000-300.0k
KIM, LLC Sold out -125,000-125.0k
LMR Partners LLP Sold out -100,000-100.0k
Periscope Capital Inc. Reduced -54,200-54.2k
Parallax Volatility Advisers, L.P. Reduced -25,598-25.6k
Shaolin Capital Management LLC Reduced -300-300

Biggest calls

ANGELO GORDON & CO., L.P. Unchanged $379.3k33.1k shares
MILLENNIUM MANAGEMENT LLC Unchanged $13.1k260.0k shares
LMR Partners LLP New $5.0k100.0k shares
CITIGROUP INC Unchanged $2.5k50.0k 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,301,0831.3m $91.1k $91.1k 0.00% Added +111.3k +111,300
2 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio Boston, MA 900,000900.0k $900 $900 0.00% Unchanged
3 Shaolin Capital Management LLC 0.00% of their portfolio Miami, FL 768,923768.9k $38.7k $38.7k 0.00% Reduced -300 -300
4 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 686,522686.5k $34.5k $34.5k 0.00% Unchanged
5 Periscope Capital Inc. 0.02% of their portfolio Toronto, A6 534,900534.9k $26.9k $26.9k 0.02% Reduced -54.2k -54,200
6 Saba Capital Management, L.P. 0.00% of their portfolio NEW YORK, NY 484,298484.3k $24.4k $24.4k 0.00% Unchanged
7 Polar Asset Management Partners Inc. 0.00% of their portfolio TORONTO, A6 375,000375.0k $18.9k $18.9k 0.00% Unchanged
8 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio SAN FRANCISCO, CA 300,000300.0k $15.1k $15.1k 0.00% Unchanged
9 Davidson Kempner Capital Management LP 0.00% of their portfolio New York, NY 250,000250.0k $12.6k $12.6k 0.00% Unchanged
10 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 227,900227.9k $11.5k $11.5k 0.00% Unchanged
11 Sculptor Capital LP 0.00% of their portfolio New York, NY 215,038215.0k $11.0k $11.0k 0.00% Unchanged
12 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 199,999200.0k $10.1k $10.1k 0.00% Unchanged
13 ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio GREENWICH, CT 199,000199.0k $10.2k $10.2k 0.00% Unchanged
14 Blue Owl Capital Holdings LP 0.00% of their portfolio New York, NY 175,000175.0k $8.8k $8.8k 0.00% New
15 KENNEDY LEWIS MANAGEMENT LP 0.03% of their portfolio NEW YORK, NY 149,999150.0k $7.5k $7.5k 0.03% Unchanged
16 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 132,919132.9k $6.7k $6.7k 0.00% Unchanged
17 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 118,227118.2k $5.9k $5.9k 0.00% Unchanged
18 TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio NEW YORK, NY 100,000100.0k $5.0k $5.0k 0.00% Unchanged
19 Parallax Volatility Advisers, L.P. 0.00% of their portfolio San Francisco, CA 99,30099.3k $5.0k $5.0k 0.00% Reduced -25.6k -25,598
20 Spartan Fund Management Inc. 0.01% of their portfolio TORONTO, ONTARIO, Z4 98,85498.9k $5.0k $5.0k 0.01% Unchanged
21 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 78,25078.2k $3.9k $3.9k 0.00% Added +38.1k +38,099
22 Bracebridge Capital, LLC 0.00% of their portfolio BOSTON, MA 75,00075.0k $3.8k $3.8k 0.00% Unchanged
23 MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio NEW YORK, NY 75,00075.0k $3.8k $3.8k 0.00% Unchanged
24 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 74,70074.7k $3.8k $3.8k 0.00% Unchanged
25 Silver Rock Financial LP 0.01% of their portfolio Los Angeles, CA 69,90869.9k $3.5k $3.5k 0.01% Unchanged
26 DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio Wilmington, DE 50,00050.0k $2.5k $2.5k 0.00% Unchanged
27 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 37,85037.9k $2.0k $2.0k 0.00% Unchanged
28 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 25,00025.0k $1.3k $1.3k 0.00% Unchanged
29 MMCAP International Inc. SPC 0.00% of their portfolio GRAND CAYMAN, E9 12,50012.5k $629 $629 0.00% Unchanged
30 Clear Street Derivatives LLC 0.00% of their portfolio NEW YORK, NY 12,00012.0k $604 $604 0.00% Unchanged
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 431431 $22 $22 0.00% New
32 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged