Vault-13

RISING DRAGON ACQUISITION CO RDAC

SHS · Common Stock · CUSIP G7576K107

7 institutional holders -3 vs Q1 2026
1,106,4481.1m shares reported held*
32.2% of all shares outstanding*
$9.5mreported value*
1 new 0 added 4 reduced 4 sold out net sold ≈ $8.7m (-1.6m 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. Shares outstanding: 3.4m as of 2026-08-07, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $8.56.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q4 24: 24Q1 25: 21Q2 25: 19Q3 25: 19Q4 25: 14Q1 26: 10Q2 26: 77Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 202424
Q1 202521
Q2 202519
Q3 202519
Q4 202514
Q1 202610
Q2 20267

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q1 25: 7 bought or addedQ1 25: 7 cut or sold outQ1 25Q2 25: 3 bought or addedQ2 25: 9 cut or sold outQ2 25Q3 25: 5 bought or addedQ3 25: 6 cut or sold outQ3 25Q4 25: 4 bought or addedQ4 25: 10 cut or sold outQ4 25Q1 26: 2 bought or addedQ1 26: 5 cut or sold outQ1 26Q2 26: 1 bought or addedQ2 26: 8 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 202577
Q2 202539
Q3 202556
Q4 2025410
Q1 202625
Q2 202618

Biggest buyers

Biggest sellers

Karpus Management, Inc. Sold out -736,550-736.5k
RIVERNORTH CAPITAL MANAGEMENT, LLC Sold out -494,487-494.5k
Westchester Capital Management, LLC Sold out -367,500-367.5k
Clear Street Group Inc. Reduced -10,000-10.0k
AQR Arbitrage LLC Reduced -7,126-7.1k
GOLDMAN SACHS GROUP INC Reduced -433-433
UBS Group AG Sold out -122-122
MORGAN STANLEY Reduced -6-6

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
Aurora Beacon LLC 13G · exempt (held before listing) new · filed 2025-02-14 22.6% new 1.7m 2025-02-14
AQR CAPITAL MANAGEMENT LLC 13G · institution +2.6 pts · filed 2026-08-13 8.4% +2.6 pts 340.7k 2026-08-13
D. E. SHAW & CO, L.P. 13G · exempt (held before listing) new · filed 2026-08-14 8.0% new 273.1k 2026-08-14
BARCLAYS PLC 13G · institution +1.4 pts · filed 2026-08-14 6.7% +1.4 pts 273.1k 2026-08-14
Polar Asset Management Partners Inc. 13G · institution new · filed 2025-02-14 6.7% new 500.0k 2025-02-14
GLAZER CAPITAL, LLC 13G · institution new · filed 2026-08-13 5.5% new 327.4k 2026-08-13
UBS Group AG 13G · institution new · filed 2026-08-04 5.5% new 324.6k 2026-08-04

Fell to 5% or below in the last year: RIVERNORTH CAPITAL MANAGEMENT, LLC (0.0%, 2026-07-09), Karpus Management, Inc. (0.0%, 2026-07-07), PROPPER KERRY (2.3%, 2026-05-15), BANK OF MONTREAL /CAN/ (0.0%, 2026-02-12), GOLDMAN SACHS GROUP INC (1.9%, 2026-02-09), MIZUHO FINANCIAL GROUP INC (0.0%, 2025-11-13)

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 24: 1 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20241—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20260—0——

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AQR Arbitrage LLC 0.05% of their portfolio Greenwich, CT 340,678340.7k $3.6m $3.6m 0.05% Reduced -7.1k -7,126
2 GLAZER CAPITAL, LLC 0.08% of their portfolio New York, NY 327,439327.4k $3.4m $3.4m 0.08% Unchanged
3 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 273,125273.1k $1.5m $1.5m 0.00% Unchanged
4 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 140,343140.3k $757.9k $757.9k 0.00% Reduced -433 -433
5 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 22,30522.3k $232.9k $232.9k 0.00% Reduced -10.0k -10,000
6 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2,5002.5k $13.5k $13.5k 0.00% New
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5858 $313 $313 0.00% Reduced -6 -6