SEMPER PARATUS ACQUISITION C
*W EXP 11/04/202 · CUSIP G8028L131
50
institutional holders
-2 vs Q3 2023
14.9m
shares reported held*
$18.5mreported value*
1 new
4 added
7 reduced
3 sold out
net bought ≈ $17.7k (+18.2k 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 ≈ $1.24. Options: 5 managers hold calls ($893.8k notional), 0 hold puts (—).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 49 |
| Q4 2022 | 52 |
| Q1 2023 | 57 |
| Q2 2023 | 51 |
| Q3 2023 | 52 |
| Q4 2023 | 50 |
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 |
| Q3 2023 | 5 | 4 |
| Q4 2023 | 5 | 10 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $1.6m | $0 | 0.00 |
| Q2 2023 | $1.6m | $10.0k | 0.01 |
| Q3 2023 | $878.9k | $0 | 0.00 |
| Q4 2023 | $893.8k | $0 | 0.00 |
Biggest buyers
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Added | +875.9k |
| Corbin Capital Partners, L.P. | Added | +858.4k |
| D. E. Shaw & Co., Inc. | Added | +183.0k |
| CANTOR FITZGERALD, L. P. | Added | +150.0k |
| StoneX Group Inc. | New | +25.0k |
Biggest sellers
| Parallax Volatility Advisers, L.P. | Reduced | -405.2k |
| EHP Funds Inc. | Sold out | -291.7k |
| Castle Creek Arbitrage, LLC | Sold out | -196.9k |
| Radcliffe Capital Management, L.P. | Reduced | -153.7k |
| Hudson Bay Capital Management LP | Reduced | -94.7k |
| ATW SPAC MANAGEMENT LLC | Sold out | -25.0k |
| Bulldog Investors, LLP | Reduced | -23.8k |
| CLEAR STREET LLC | Reduced | -5.1k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | Reduced | -1.2k |
| CITADEL ADVISORS LLC | Reduced | -781 |
Biggest calls
| MARSHALL WACE, LLP | Unchanged | $879.3k79.0k shares |
| DEUTSCHE BANK AG\ | Added | $5.8k145.0k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $4.6k115.0k shares |
| CITIGROUP INC | Unchanged | $3.1k77.2k shares |
| ATW SPAC MANAGEMENT LLC | New | $1.0k25.0k 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| Parallax Volatility Advisers, L.P. 0.00% of their portfolio | 2.7m $109.9k | Reduced -405.2k |
| Corbin Capital Partners, L.P. 0.39% of their portfolio | 2.0m $80.7k | Added +858.4k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.7m $49.7k | Added +875.9k |
| FourWorld Capital Management LLC 21.19% of their portfolio | 1.4m $16.1m | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 1.0m $40.0k | Unchanged |
| Periscope Capital Inc. 0.00% of their portfolio | 733.9k $29.4k | Unchanged |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 700.0k $28.0k | Unchanged |
| MMCAP International Inc. SPC 0.00% of their portfolio | 650.0k $20.7k | Unchanged |
| Linden Advisors LP 0.00% of their portfolio | 650.0k $22.8k | Unchanged |
| HGC Investment Management Inc. 0.01% of their portfolio | 575.4k $23.0k | Unchanged |
| CANTOR FITZGERALD, L. P. 0.31% of their portfolio | 335.5k $1.5m | Added +150.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 308.0k $12.3k | Added +183.0k |
| Shaolin Capital Management LLC 0.00% of their portfolio | 282.1k $11.3k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 258.0k $10.3k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 250.0k $8.8k | Unchanged |
| Davidson Kempner Capital Management LP 0.00% of their portfolio | 250.0k $7.5k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 236.3k $9.5k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 200.0k $8.0k | Unchanged |
| Atalaya Capital Management LP 0.01% of their portfolio | 200.0k $8.0k | Unchanged |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.00% of their portfolio | 185.4k $6.5k | Reduced -1.2k |
| Verition Fund Management LLC 0.00% of their portfolio | 170.3k $6.8k | Unchanged |
| KIM, LLC 0.00% of their portfolio | 150.0k $6.0k | 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 $5.0k | Unchanged |
| Sculptor Capital LP 0.00% of their portfolio | 125.0k $4.4k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 108.2k $4.3k | Unchanged |
| Westchester Capital Management, LLC 0.00% of their portfolio | 100.0k $4.0k | Unchanged |
| Context Capital Management, LLC 0.00% of their portfolio | 98.2k $3.9k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 92.8k $3.7k | Unchanged |
| Spartan Fund Management Inc. 0.00% of their portfolio | 87.5k $3.5k | Unchanged |
| CLEAR STREET LLC 0.00% of their portfolio | 86.8k $3.5k | Reduced -5.1k |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 85.3k $3.4k | Reduced -94.7k |
| 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 $2.6k | Unchanged |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 49.4k $2.0k | Unchanged |
| Radcliffe Capital Management, L.P. 0.00% of their portfolio | 46.3k $1.6k | Reduced -153.7k |
| Centiva Capital, LP 0.00% of their portfolio | 42.0k $1.7k | Unchanged |
| Bulldog Investors, LLP 0.00% of their portfolio | 36.1k $1.4k | Reduced -23.8k |
| Walleye Capital LLC 0.00% of their portfolio | 32.0k $1.3k | Unchanged |
| StoneX Group Inc. 0.00% of their portfolio | 25.0k $1.0k | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 25.0k $1.2k | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio | 25.0k $278.2k | Unchanged |
| Walleye Trading LLC 0.00% of their portfolio | 18.0k $720 | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 17.9k $716 | Reduced -781 |
| DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 12.5k $500 | Unchanged |
| Bracebridge Capital, LLC 0.00% of their portfolio | 12.5k $500 | Unchanged |
| SkyView Investment Advisors, LLC 0.00% of their portfolio | 12.5k $0 | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 12.5k $500 | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 6.2k $248 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |