SEMPER PARATUS ACQUISITION C
*W EXP 11/04/202 · CUSIP G8028L131
51
institutional holders
-6 vs Q1 2023
14.8m
shares reported held*
$898.8kreported value*
0 new
4 added
7 reduced
5 sold out
net sold ≈ $26.4k (-621.3k 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 ($1.6m notional), 1 hold puts ($10.0k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 49 |
| Q4 2022 | 52 |
| Q1 2023 | 57 |
| Q2 2023 | 51 |
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 |
| Q2 2023 | 4 | 12 |
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 |
| Q2 2023 | $1.6m | $10.0k | 0.01 |
Biggest buyers
| Spartan Fund Management Inc. | Added | +316.7k |
| Periscope Capital Inc. | Added | +158.0k |
| Parallax Volatility Advisers, L.P. | Added | +105.1k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Added | +34.3k |
Biggest sellers
| HGC Investment Management Inc. | Reduced | -575.4k |
| Shaolin Capital Management LLC | Sold out | -250.0k |
| Balyasny Asset Management L.P. | Sold out | -125.0k |
| Hudson Bay Capital Management LP | Reduced | -90.0k |
| StoneX Group Inc. | Sold out | -65.1k |
| DIFESA CAPITAL MANAGEMENT, LP | Sold out | -50.0k |
| CVI Holdings, LLC | Sold out | -19.7k |
| CLEAR STREET LLC | Reduced | -7.4k |
| Bulldog Investors, LLP | Reduced | -6.2k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | Reduced | -6.1k |
Biggest calls
| MARSHALL WACE, LLP | Reduced | $1.5m144.4k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $4.8k115.0k shares |
| CITIGROUP INC | Unchanged | $3.2k77.2k shares |
| DEUTSCHE BANK AG\ | Unchanged | $2055.0k shares |
Biggest puts
| Shaolin Capital Management LLC | New | $10.0k250.0k shares |
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, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Parallax Volatility Advisers, L.P. 0.00% of their portfolio | 3.1m $128.5k | Added +105.1k |
| FourWorld Capital Management LLC 0.02% of their portfolio | 1.4m $59.9k | Unchanged |
| Corbin Capital Partners, L.P. 0.04% of their portfolio | 1.2m $47.9k | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 1.0m $41.2k | Unchanged |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 750.0k $31.0k | Added +34.3k |
| Periscope Capital Inc. 0.00% of their portfolio | 733.9k $30.3k | Added +158.0k |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 700.0k $28.9k | Unchanged |
| MMCAP International Inc. SPC 0.01% of their portfolio | 650.0k $26.8k | Unchanged |
| Linden Advisors LP 0.00% of their portfolio | 650.0k $27.0k | Unchanged |
| HGC Investment Management Inc. 0.01% of their portfolio | 575.4k $24.0k | Reduced -575.4k |
| Spartan Fund Management Inc. 0.00% of their portfolio | 404.2k $7.2k | Added +316.7k |
| EHP Funds Inc. 0.00% of their portfolio | 291.7k $12.0k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 258.0k $10.7k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 250.0k $10.4k | Unchanged |
| Davidson Kempner Capital Management LP 0.00% of their portfolio | 250.0k $10.3k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 236.3k $9.7k | Reduced -1.9k |
| Radcliffe Capital Management, L.P. 0.00% of their portfolio | 200.0k $8.3k | Unchanged |
| Castle Creek Arbitrage, LLC 0.00% of their portfolio | 200.0k $8.3k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 200.0k $8.3k | Unchanged |
| Atalaya Capital Management LP 0.00% of their portfolio | 200.0k $8.0k | Unchanged |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.00% of their portfolio | 186.6k $7.7k | Reduced -6.1k |
| CANTOR FITZGERALD, L. P. 0.00% of their portfolio | 185.5k $7.7k | Unchanged |
| Verition Fund Management LLC 0.00% of their portfolio | 170.3k $7.0k | Unchanged |
| KIM, LLC 0.00% of their portfolio | 150.0k $6.2k | Unchanged |
| Q Global Advisors, LLC 0.00% of their portfolio | 132.1k $5.0k | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 125.0k $5.2k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 125.0k $5.2k | Unchanged |
| Sculptor Capital LP 0.00% of their portfolio | 125.0k $5.2k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 108.2k $4.5k | Unchanged |
| Westchester Capital Management, LLC 0.00% of their portfolio | 100.0k $4.1k | Unchanged |
| Context Capital Management, LLC 0.00% of their portfolio | 98.2k $4.0k | Unchanged |
| CLEAR STREET LLC 0.00% of their portfolio | 97.7k $4.0k | Reduced -7.4k |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 92.8k $3.8k | Unchanged |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 90.0k $3.7k | Reduced -90.0k |
| PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio | 75.0k $3.0k | Unchanged |
| Yakira Capital Management, Inc. 0.00% of their portfolio | 65.5k $2.7k | Unchanged |
| Bulldog Investors, LLP 0.00% of their portfolio | 61.4k $2.5k | Reduced -6.2k |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 49.4k $2.0k | Unchanged |
| Centiva Capital, LP 0.00% of their portfolio | 42.0k $1.7k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 32.0k $1.3k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 25.0k $1.5k | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio | 25.0k $267.0k | Unchanged |
| ATW SPAC MANAGEMENT LLC 0.00% of their portfolio | 25.0k $1.0k | Unchanged |
| Walleye Trading LLC 0.00% of their portfolio | 18.0k $743 | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 15.4k $633 | Reduced -4.2k |
| DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 12.5k $515 | Unchanged |
| Bracebridge Capital, LLC 0.00% of their portfolio | 12.5k $516 | Unchanged |
| SkyView Investment Advisors, LLC 0.00% of their portfolio | 12.5k $1.0k | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 12.5k $500 | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 6.2k $256 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |