Vault-13

SPARK I ACQUISITION CORP SPKLF

ORD SHS · Common Stock · CUSIP G8316B100

36 institutional holders -4 vs Q4 2024
8,986,4819.0m shares reported held*
$96.9mreported value*
1 new 5 added 8 reduced 5 sold out net sold ≈ $688.7k (-63.8k 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 ($1.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.78.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q4 23: 35Q1 24: 41Q2 24: 42Q3 24: 41Q4 24: 40Q1 25: 3636Q4 23Q1 24Q2 24Q3 24Q4 24Q1 25
Numbers
QuarterHolders
Q4 202335
Q1 202441
Q2 202442
Q3 202441
Q4 202440
Q1 202536

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q1 24: 12 bought or addedQ1 24: 12 cut or sold outQ1 24Q2 24: 11 bought or addedQ2 24: 10 cut or sold outQ2 24Q3 24: 9 bought or addedQ3 24: 20 cut or sold outQ3 24Q4 24: 9 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 6 bought or addedQ1 25: 13 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q1 20241212
Q2 20241110
Q3 2024920
Q4 2024913
Q1 2025613

Biggest buyers

MIZUHO SECURITIES USA LLC Added +209,642+209.6k
WOLVERINE ASSET MANAGEMENT LLC Added +206,713+206.7k
BERKLEY W R CORP Added +124,162+124.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +7,199+7.2k
UBS Group AG Added +118+118
MORGAN STANLEY New +14+14

Biggest sellers

TORONTO DOMINION BANK Reduced -373,942-373.9k
FIR TREE CAPITAL MANAGEMENT LP Sold out -50,000-50.0k
BOOTHBAY FUND MANAGEMENT, LLC Sold out -33,600-33.6k
ATW SPAC MANAGEMENT LLC Sold out -33,600-33.6k
Schechter Investment Advisors, LLC Reduced -28,935-28.9k
Verition Fund Management LLC Reduced -27,613-27.6k
Periscope Capital Inc. Reduced -25,000-25.0k
Bulldog Investors, LLP Reduced -15,783-15.8k
Karpus Management, Inc. Reduced -15,575-15.6k
GLAZER CAPITAL, LLC Reduced -3,974-4.0k

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.

HolderStakeChangeShares Last filed
AQR CAPITAL MANAGEMENT LLC 13G · institution -3.2 pts · filed 2026-08-14 7.0% -3.2 pts 437.7k≈ $5.5m 2026-08-14

Fell to 5% or below in the last year: MIZUHO FINANCIAL GROUP INC (0.2%, 2026-08-13)

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Karpus Management, Inc. 0.40% of their portfolio Pittsford, NY 1,138,8001.1m $12.2m $12.2m 0.40% Reduced -15.6k -15,575
2 First Trust Capital Management L.P. 0.66% of their portfolio CHICAGO, IL 850,439850.4k $9.2m $9.2m 0.66% Unchanged
3 WOLVERINE ASSET MANAGEMENT LLC 0.14% of their portfolio CHICAGO, IL 682,588682.6k $7.4m $7.4m 0.14% Added +206.7k +206,713
4 AQR Arbitrage LLC 0.17% of their portfolio Greenwich, CT 633,999634.0k $6.9m $6.9m 0.17% Unchanged
5 Schechter Investment Advisors, LLC 0.52% of their portfolio BIRMINGHAM, MI 583,214583.2k $6.3m $6.3m 0.52% Reduced -28.9k -28,935
6 HGC Investment Management Inc. 1.69% of their portfolio TORONTO, A6 440,600440.6k $4.8m $4.8m 1.69% Unchanged
7 Westchester Capital Management, LLC 0.27% of their portfolio VALHALLA, NY 427,716427.7k $4.6m $4.6m 0.27% Unchanged
8 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio HARRISBURG, PA 399,791399.8k $4.3m $4.3m 0.03% Unchanged
9 MIZUHO SECURITIES USA LLC 0.08% of their portfolio NEW YORK, NY 362,265362.3k $3.9m $3.9m 0.08% Added +209.6k +209,642
10 MMCAP International Inc. SPC 0.64% of their portfolio GRAND CAYMAN, E9 350,000350.0k $3.8m $3.8m 0.64% Unchanged
11 Linden Advisors LP 0.02% of their portfolio New York, NY 300,000300.0k $3.2m $3.2m 0.02% Unchanged
12 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 290,000290.0k $3.1m $3.1m 0.00% Unchanged
13 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 280,654280.7k $3.0m $3.0m 0.02% Reduced -27.6k -27,613
14 Periscope Capital Inc. 1.66% of their portfolio Toronto, A6 275,000275.0k $3.0m $3.0m 1.66% Reduced -25.0k -25,000
15 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 250,000250.0k $2.7m $2.7m 0.01% Unchanged
16 PICTON MAHONEY ASSET MANAGEMENT 0.09% of their portfolio Toronto, A6 250,000250.0k $2.7m $2.7m 0.09% Unchanged
17 Polar Asset Management Partners Inc. 0.07% of their portfolio TORONTO, A6 200,000200.0k $2.2m $2.2m 0.07% Unchanged
18 MOORE CAPITAL MANAGEMENT, LP 0.07% of their portfolio NEW YORK, NY 200,000200.0k $2.2m $2.2m 0.07% Unchanged
19 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 175,145175.1k $1.9m $1.9m 0.00% Unchanged
20 Wealthspring Capital LLC 2.67% of their portfolio WEST HARRISON, NY 161,113161.1k $1.7m $1.7m 2.67% Reduced -2.9k -2,890
21 BERKLEY W R CORP 0.12% of their portfolio Greenwich, CT 149,298149.3k $1.6m $1.6m 0.12% Added +124.2k +124,162
22 Bulldog Investors, LLP 0.39% of their portfolio SADDLE BROOK, NJ 133,951134.0k $1.4m $1.4m 0.39% Reduced -15.8k -15,783
23 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 126,058126.1k $1.4m $1.4m 0.00% Reduced -373.9k -373,942
24 GLAZER CAPITAL, LLC 0.06% of their portfolio New York, NY 120,228120.2k $1.3m $1.3m 0.06% Reduced -4.0k -3,974
25 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.05% of their portfolio WEST PALM BEACH, FL 89,18689.2k $958.8k $958.8k 0.05% Unchanged
26 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.02% of their portfolio CHICAGO, IL 66,83266.8k $722.5k $722.5k 0.02% Unchanged
27 TENOR CAPITAL MANAGEMENT Co., L.P. 0.01% of their portfolio NEW YORK, NY 50,00050.0k $540.0k $540.0k 0.01% Unchanged
28 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 38,94838.9k $421.0k $421.0k 0.00% Added +7.2k +7,199
29 GABELLI & Co INVESTMENT ADVISERS, INC. 0.04% of their portfolio Rye, NY 25,30025.3k $273.2k $273.2k 0.04% Unchanged
30 Mint Tower Capital Management B.V. 0.10% of their portfolio AMSTERDAM, P7 25,00025.0k $270.0k $270.0k 0.10% Unchanged
31 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 24,76924.8k $267.8k $267.8k 0.00% Unchanged
32 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 24,70024.7k $266.8k $266.8k 0.00% Unchanged
33 TrueMark Investments, LLC 0.06% of their portfolio CHICAGO, IL 19,93419.9k $215.5k $215.5k 0.06% Unchanged
34 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,0522.1k $22.1k $22.1k 0.00% Added +118 +118
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1414 $151 $151 0.00% New
36 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged