SPRING VALLEY ACQUISTN CORP
*W EXP 02/25/202 · CUSIP G83752116
37
institutional holders
-1 vs Q1 2024
85.8m
shares reported held*
$7.0mreported value*
0 new
4 added
3 reduced
1 sold out
net bought ≈ $12.5k (+71.3k 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 ≈ $0.08. Options: 2 managers hold calls ($45.8k notional), 0 hold puts (—).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2022 | 35 |
| Q1 2023 | 33 |
| Q2 2023 | 34 |
| Q3 2023 | 37 |
| Q4 2023 | 35 |
| Q1 2024 | 38 |
| Q2 2024 | 37 |
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 |
|---|---|---|
| Q1 2023 | 7 | 9 |
| Q2 2023 | 10 | 6 |
| Q3 2023 | 9 | 4 |
| Q4 2023 | 7 | 9 |
| Q1 2024 | 11 | 3 |
| Q2 2024 | 4 | 4 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $65.5k | $0 | 0.00 |
| Q4 2023 | $62.8k | $0 | 0.00 |
| Q1 2024 | $62.3k | $0 | 0.00 |
| Q2 2024 | $45.8k | $0 | 0.00 |
Biggest buyers
| Dryden Capital, LLC | Added | +244.2k |
| Shaolin Capital Management LLC | Added | +125.0k |
| Schonfeld Strategic Advisors LLC | Added | +44.5k |
| COWEN AND COMPANY, LLC | Added | +15.5k |
Biggest sellers
| Periscope Capital Inc. | Reduced | -326.2k |
| StoneX Group Inc. | Sold out | -30.2k |
| Schechter Investment Advisors, LLC | Reduced | -1.5k |
| GTS SECURITIES LLC | Reduced | -2 |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Unchanged | $41.6k520.2k shares |
| Sandia Investment Management LP | Unchanged | $4.2k46.2k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Waratah Capital Advisors Ltd. 0.38% of their portfolio | 79.2m $6.3m | Unchanged |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 750.0k $82.5k | Unchanged |
| Shaolin Capital Management LLC 0.00% of their portfolio | 705.8k $56.5k | Added +125.0k |
| Periscope Capital Inc. 0.02% of their portfolio | 674.9k $60.7k | Reduced -326.2k |
| Dryden Capital, LLC 0.08% of their portfolio | 594.3k $47.5k | Added +244.2k |
| Sculptor Capital LP 0.00% of their portfolio | 542.1k $48.8k | Unchanged |
| K2 PRINCIPAL FUND, L.P. 0.01% of their portfolio | 360.8k $28.9k | Unchanged |
| Saba Capital Management, L.P. 0.00% of their portfolio | 350.0k $31.5k | Unchanged |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 300.0k $24.0k | Unchanged |
| Linden Advisors LP 0.00% of their portfolio | 300.0k $27.0k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 299.1k $26.9k | Unchanged |
| Taconic Capital Advisors LP 0.00% of their portfolio | 250.0k $20.0k | Unchanged |
| MOORE CAPITAL MANAGEMENT, LP 0.00% of their portfolio | 250.0k $20.0k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 229.5k $18.4k | Unchanged |
| Q Global Advisors, LLC 0.01% of their portfolio | 204.7k $16.0k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 201.8k $16.1k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 175.0k $14.0k | Unchanged |
| Westchester Capital Management, LLC 0.00% of their portfolio | 167.5k $13.4k | Unchanged |
| KIM, LLC 0.00% of their portfolio | 150.0k $12.0k | Unchanged |
| Flow State Investments, L.P. 0.00% of their portfolio | 115.0k $9.2k | Unchanged |
| Exos Asset Management LLC 0.01% of their portfolio | 100.0k $8.0k | Unchanged |
| Verition Fund Management LLC 0.00% of their portfolio | 96.9k $7.8k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 87.9k $7.0k | Unchanged |
| GABELLI FUNDS LLC 0.00% of their portfolio | 78.3k $6.3k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 69.5k $6.3k | Added +44.5k |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.00% of their portfolio | 64.8k $5.2k | Unchanged |
| Schechter Investment Advisors, LLC 0.00% of their portfolio | 61.5k $4.9k | Reduced -1.5k |
| Walleye Capital LLC 0.00% of their portfolio | 60.7k $4.9k | Unchanged |
| COWEN AND COMPANY, LLC 0.00% of their portfolio | 46.9k $3.8k | Added +15.5k |
| Walleye Trading LLC 0.00% of their portfolio | 32.6k $2.6k | Unchanged |
| Quarry LP 0.00% of their portfolio | 31.9k $2.9k | Unchanged |
| Bracebridge Capital, LLC 0.00% of their portfolio | 25.0k $2.0k | Unchanged |
| Spartan Fund Management Inc. 0.00% of their portfolio | 16.7k $1.3k | Unchanged |
| CLEAR STREET LLC 0.00% of their portfolio | 16.1k $1.3k | Unchanged |
| GTS SECURITIES LLC 0.00% of their portfolio | 12.8k $1.0k | Reduced -2 |
| Mint Tower Capital Management B.V. 0.00% of their portfolio | 10.0k $1.0k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |