SHEPHERD AVE CAP ACQUISITION PGACU
UNIT 99/99/9999 · Unit · CUSIP G8089R126
- SectorBlank check (SPAC)
- IndustryBlank Checks
- HeadquartersWilmington, DE
- FilingsSEC EDGAR
* 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 ≈ $10.23.
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2024 | 26 |
| Q1 2025 | 12 |
Biggest buyers
| None |
Biggest sellers
| AQR Arbitrage LLC | Sold out | -700.0k |
| Polar Asset Management Partners Inc. | Sold out | -700.0k |
| MIZUHO SECURITIES USA LLC | Sold out | -687.6k |
| ATW SPAC MANAGEMENT LLC | Sold out | -346.5k |
| BOOTHBAY FUND MANAGEMENT, LLC | Sold out | -346.5k |
| D. E. Shaw & Co., Inc. | Sold out | -325.0k |
| TWO SIGMA INVESTMENTS, LP | Sold out | -271.9k |
| Quarry LP | Sold out | -250.0k |
| GLAZER CAPITAL, LLC | Sold out | -225.0k |
| Schonfeld Strategic Advisors LLC | Reduced | -220.0k |
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.
| Holder | Stake |
|---|---|
| Polar Asset Management Partners Inc. 13G · institution new · filed 2025-02-14 | 7.9% |
| MIZUHO FINANCIAL GROUP INC 13G · institution new · filed 2025-02-13 | 7.8% |
| BARCLAYS PLC 13G · institution no change · filed 2025-03-21 | 6.7% |
| HGC Investment Management Inc. 13G · institution new · filed 2025-02-14 | 5.6% |
Insider purchases and sales in Q1 2025
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.
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| HGC Investment Management Inc. 1.82% of their portfolio | 500.0k $5.1m | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.24% of their portfolio | 450.0k $4.6m | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.09% of their portfolio | 429.7k $4.4m | Unchanged |
| Westchester Capital Management, LLC 0.23% of their portfolio | 385.0k $3.9m | Unchanged |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.31% of their portfolio | 203.2k $2.1m | Unchanged |
| GABELLI FUNDS LLC 0.01% of their portfolio | 146.8k $1.5m | Unchanged |
| HEIGHTS CAPITAL MANAGEMENT, INC 0.32% of their portfolio | 65.0k $664.3k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 30.0k $307.5k | Reduced -220.0k |
| UBS Group AG 0.00% of their portfolio | 29.3k $298.9k | Reduced -200 |
| FLOW TRADERS U.S. LLC 0.01% of their portfolio | 22.1k $226.0k | Reduced -11.9k |
| CLEAR STREET LLC 0.00% of their portfolio | 8.8k $90.0k | Reduced -135.8k |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |