SEMPER PARATUS ACQUISITION C
*W EXP 11/04/202 · CUSIP G8028L131
57
institutional holders
+5 vs Q4 2022
15.7m
shares reported held*
$3.7mreported value*
9 new
4 added
8 reduced
5 sold out
net bought ≈ $114.0k (+1.2m 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 ≈ $0.23. Options: 4 managers hold calls ($1.6m notional), 0 hold puts (—).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 49 |
| Q4 2022 | 52 |
| Q1 2023 | 57 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 10 | 10 |
| Q1 2023 | 13 | 13 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.5m | $0 | 0.00 |
| Q4 2022 | $1.6m | $0 | 0.00 |
| Q1 2023 | $1.6m | $0 | 0.00 |
Biggest buyers
| HGC Investment Management Inc. | New | +1.2m |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | New | +192.7k |
| Periscope Capital Inc. | Added | +176.2k |
| Westchester Capital Management, LLC | New | +100.0k |
| Hudson Bay Capital Management LP | Added | +72.9k |
| StoneX Group Inc. | New | +65.1k |
| CLEAR STREET LLC | Added | +37.9k |
| Walleye Capital LLC | New | +32.0k |
| Walleye Trading LLC | New | +18.0k |
| Bracebridge Capital, LLC | New | +12.5k |
Biggest sellers
| Parallax Volatility Advisers, L.P. | Reduced | -322.8k |
| Magnetar Financial LLC | Sold out | -143.6k |
| Alpine Global Management, LLC | Sold out | -60.8k |
| CVI Holdings, LLC | Reduced | -43.2k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Reduced | -35.2k |
| Bulldog Investors, LLP | Reduced | -22.5k |
| UBS Group AG | Sold out | -17.4k |
| COWEN AND COMPANY, LLC | Sold out | -13.4k |
| AQR Arbitrage LLC | Reduced | -9.4k |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -8.4k |
Biggest calls
| MARSHALL WACE, LLP | Unchanged | $1.6m150.0k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $9.0k115.0k shares |
| CITIGROUP INC | Unchanged | $3.9k77.2k shares |
| DEUTSCHE BANK AG\ | Unchanged | $4005.0k 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, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| Parallax Volatility Advisers, L.P. 0.01% of their portfolio | 3.0m $240.4k | Reduced -322.8k |
| FourWorld Capital Management LLC 0.08% of their portfolio | 1.4m $116.0k | Unchanged |
| Corbin Capital Partners, L.P. 0.05% of their portfolio | 1.2m $92.8k | Unchanged |
| HGC Investment Management Inc. 0.01% of their portfolio | 1.2m $94.0k | New |
| Calamos Advisors LLC 0.00% of their portfolio | 1.0m $50.3k | Unchanged |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 715.7k $57.0k | Reduced -35.2k |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 700.0k $56.0k | Unchanged |
| MMCAP International Inc. SPC 0.01% of their portfolio | 650.0k $52.0k | Unchanged |
| Linden Advisors LP 0.00% of their portfolio | 650.0k $55.3k | Unchanged |
| Periscope Capital Inc. 0.00% of their portfolio | 575.9k $46.1k | Added +176.2k |
| EHP Funds Inc. 0.01% of their portfolio | 291.7k $23.3k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 258.0k $20.6k | Reduced -8.4k |
| DAVIDSON KEMPNER PARTNERS 0.00% of their portfolio | 250.0k $20.0k | First filing |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 250.0k $21.2k | Unchanged |
| Davidson Kempner Capital Management LP 0.00% of their portfolio | 250.0k $20.0k | Unchanged |
| Shaolin Capital Management LLC 0.00% of their portfolio | 250.0k $20.0k | Reduced -42 |
| AQR Arbitrage LLC 0.00% of their portfolio | 238.3k $12.0k | Reduced -9.4k |
| Radcliffe Capital Management, L.P. 0.00% of their portfolio | 200.0k $17.0k | Unchanged |
| Castle Creek Arbitrage, LLC 0.00% of their portfolio | 200.0k $16.0k | Unchanged |
| LMR Partners LLP 0.04% of their portfolio | 200.0k $2.2m | Unchanged |
| Atalaya Capital Management LP 0.00% of their portfolio | 200.0k $10.0k | Unchanged |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.00% of their portfolio | 192.7k $16.4k | New |
| CANTOR FITZGERALD, L. P. 0.00% of their portfolio | 185.5k $14.8k | Unchanged |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 180.0k $9.1k | Added +72.9k |
| Verition Fund Management LLC 0.00% of their portfolio | 170.3k $8.6k | Unchanged |
| KIM, LLC 0.00% of their portfolio | 150.0k $7.5k | Unchanged |
| Q Global Advisors, LLC 0.01% of their portfolio | 132.1k $11.0k | Unchanged |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 125.0k $6.3k | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 125.0k $10.0k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 125.0k $6.3k | Unchanged |
| Sculptor Capital LP 0.00% of their portfolio | 125.0k $10.6k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 108.2k $8.7k | Unchanged |
| CLEAR STREET LLC 0.00% of their portfolio | 105.1k $8.4k | Added +37.9k |
| Westchester Capital Management, LLC 0.00% of their portfolio | 100.0k $5.0k | New |
| Context Capital Management, LLC 0.00% of their portfolio | 98.2k $8.0k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 92.8k $7.4k | Unchanged |
| Spartan Fund Management Inc. 0.00% of their portfolio | 87.5k $4.4k | Unchanged |
| PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio | 75.0k $6.0k | Unchanged |
| Bulldog Investors, LLP 0.00% of their portfolio | 67.6k $5.4k | Reduced -22.5k |
| Yakira Capital Management, Inc. 0.00% of their portfolio | 65.5k $5.2k | Unchanged |
| StoneX Group Inc. 0.00% of their portfolio | 65.1k $5.2k | New |
| DIFESA CAPITAL MANAGEMENT, LP 0.00% of their portfolio | 50.0k $2.5k | Unchanged |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 49.4k $4.0k | Added +2.7k |
| Centiva Capital, LP 0.00% of their portfolio | 42.0k $2.1k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 32.0k $2.6k | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 25.0k $3.5k | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio | 25.0k $269.6k | Unchanged |
| ATW SPAC MANAGEMENT LLC 0.00% of their portfolio | 25.0k $2.0k | Unchanged |
| CVI Holdings, LLC 0.00% of their portfolio | 19.7k $993 | Reduced -43.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 19.6k $984 | Reduced -4.9k |
| Walleye Trading LLC 0.00% of their portfolio | 18.0k $1.4k | New |
| DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 12.5k $629 | Unchanged |
| Bracebridge Capital, LLC 0.00% of their portfolio | 12.5k $1.1k | New |
| SkyView Investment Advisors, LLC 0.00% of their portfolio | 12.5k $1.0k | New |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 12.5k $1.0k | New |
| Ancora Advisors LLC 0.00% of their portfolio | 6.2k $496 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |