Vault-13

REAL ASSET ACQUISITION CORP

SHS CL A · CUSIP G73944103

29 institutional holders -21 vs Q1 2026
5,984,1366.0m shares reported held*
$64.2mreported value*
10 new 3 added 10 reduced 30 sold out net sold ≈ $102.8m (-9.5m 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 ≈ $10.74.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q2 25: 37Q3 25: 43Q4 25: 47Q1 26: 50Q2 26: 2929Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q2 202537
Q3 202543
Q4 202547
Q1 202650
Q2 202629

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 25: 16 bought or addedQ3 25: 8 cut or sold outQ3 25Q4 25: 14 bought or addedQ4 25: 13 cut or sold outQ4 25Q1 26: 15 bought or addedQ1 26: 26 cut or sold outQ1 26Q2 26: 13 bought or addedQ2 26: 40 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2025168
Q4 20251413
Q1 20261526
Q2 20261340

Biggest buyers

QVT Financial LP Added +635,342+635.3k
Feynman Point Asset Management LLC New +490,425+490.4k
Hudson Bay Capital Management LP Added +307,635+307.6k
Anson Funds Management LP New +300,000+300.0k
Centiva Capital, LP New +295,000+295.0k
Sculptor Capital LP Added +260,419+260.4k
TUDOR INVESTMENT CORP ET AL New +140,446+140.4k
Union Square Park Capital Management, LLC New +100,000+100.0k
PEAK6 LLC New +50,000+50.0k
BANK OF AMERICA CORP /DE/ New +40,000+40.0k

Biggest sellers

Fort Baker Capital Management LP Sold out -1,719,359-1.7m
ARISTEIA CAPITAL, L.L.C. Sold out -1,000,000-1.0m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -919,327-919.3k
AQR Arbitrage LLC Sold out -805,182-805.2k
Magnetar Financial LLC Sold out -750,000-750.0k
LMR Partners LLP Sold out -595,317-595.3k
TWO SIGMA INVESTMENTS, LP Sold out -543,750-543.8k
WHITEBOX ADVISORS LLC Sold out -500,000-500.0k
Saba Capital Management, L.P. Reduced -495,028-495.0k
First Trust Capital Management L.P. Sold out -423,342-423.3k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
METEORA CAPITAL, LLC 13G · institution new · filed 2025-11-14 5.3% new 910.3k≈ $9.8m 2025-11-14

Fell to 5% or below in the last year: ARISTEIA CAPITAL, L.L.C. (0.0%, 2026-08-14), QVT Financial LP (0.0%, 2026-08-14), Fort Baker Capital Management LP (1.2%, 2026-08-14), First Trust Capital Management L.P. (2.5%, 2026-05-15), AQR CAPITAL MANAGEMENT LLC (4.7%, 2026-05-13)

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 QVT Financial LP 0.97% of their portfolio New York, NY 1,398,0271.4m $15.1m $15.1m 0.97% Added +635.3k +635,342
2 Hudson Bay Capital Management LP 0.04% of their portfolio STAMFORD, CT 850,000850.0k $8.8m $8.8m 0.04% Added +307.6k +307,635
3 Alberta Investment Management Corp 0.03% of their portfolio EDMONTON, A0 550,000550.0k $5.9m $5.9m 0.03% Unchanged
4 Sculptor Capital LP 0.06% of their portfolio New York, NY 504,603504.6k $5.4m $5.4m 0.06% Added +260.4k +260,419
5 Feynman Point Asset Management LLC 9.68% of their portfolio NEW YORK, NY 490,425490.4k $5.3m $5.3m 9.68% New
6 TENOR CAPITAL MANAGEMENT Co., L.P. 0.05% of their portfolio NEW YORK, NY 330,673330.7k $3.6m $3.6m 0.05% Reduced -919.3k -919,327
7 Anson Funds Management LP 0.30% of their portfolio DALLAS, TX 300,000300.0k $3.2m $3.2m 0.30% New
8 Centiva Capital, LP 0.11% of their portfolio New York, NY 295,000295.0k $3.2m $3.2m 0.11% New
9 Polar Asset Management Partners Inc. 0.06% of their portfolio TORONTO, A6 288,466288.5k $3.1m $3.1m 0.06% Reduced -211.5k -211,534
10 MOORE CAPITAL MANAGEMENT, LP 0.04% of their portfolio NEW YORK, NY 150,000150.0k $1.6m $1.6m 0.04% Unchanged
11 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 140,446140.4k $1.5m $1.5m 0.01% New
12 Harraden Circle Investments, LLC 0.18% of their portfolio NEW YORK, NY 138,896138.9k $1.4m $1.4m 0.18% Reduced -298.9k -298,851
13 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 100,000100.0k $1.1m $1.1m 0.00% Unchanged
14 Union Square Park Capital Management, LLC 0.79% of their portfolio New York, NY 100,000100.0k $1.1m $1.1m 0.79% New
15 Saba Capital Management, L.P. 0.03% of their portfolio NEW YORK, NY 87,11887.1k $940.9k $940.9k 0.03% Reduced -495.0k -495,028
16 PEAK6 LLC 0.01% of their portfolio AUSTIN, TX 50,00050.0k $540.0k $540.0k 0.01% New
17 DLD Asset Management, LP 0.04% of their portfolio NEW YORK, NY 50,00050.0k $540.0k $540.0k 0.04% Reduced -23.1k -23,069
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 40,00040.0k $432.0k $432.0k 0.00% New
19 Shay Capital LLC 0.03% of their portfolio NEW YORK, NY 25,72525.7k $277.8k $277.8k 0.03% New
20 Shaolin Capital Management LLC 0.01% of their portfolio Miami, FL 24,09824.1k $260.3k $260.3k 0.01% Reduced -25.9k -25,902
21 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 19,02519.0k $205.5k $205.5k 0.00% Unchanged
22 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 15,00015.0k $162.0k $162.0k 0.00% Reduced -265.0k -265,000
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 13,96814.0k $150.9k $150.9k 0.00% Reduced -272.7k -272,673
24 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 11,50311.5k $124.0k $124.0k 0.00% Reduced -16.9k -16,892
25 Rangeley Capital, LLC 0.10% of their portfolio NEW CANAAN, CT 10,00010.0k $108.0k $108.0k 0.10% Unchanged
26 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,0001.0k $10.8k $10.8k 0.00% New
27 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 100100 $1.1k $1.1k 0.00% New
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6262 $670 $670 0.00% Reduced -16 -16
29 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 11 $11 $11 0.00% Unchanged