Vault-13

STELLAR V CAP CORP SVCC

SHS CL A · Common Stock · CUSIP G8475V103

41 institutional holders +3 vs Q3 2025
14,117,99514.1m shares reported held*
$146.3mreported value*
2 new 7 added 8 reduced 0 sold out net bought ≈ $2.6m (+251.6k 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 ≈ $10.36.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q1 25: 17Q2 25: 37Q3 25: 38Q4 25: 4141Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q1 202517
Q2 202537
Q3 202538
Q4 202541

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 25: 24 bought or addedQ2 25: 5 cut or sold outQ2 25Q3 25: 9 bought or addedQ3 25: 9 cut or sold outQ3 25Q4 25: 9 bought or addedQ4 25: 8 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q2 2025245
Q3 202599
Q4 202598

Biggest buyers

D. E. Shaw & Co., Inc. Added +365,200+365.2k
TORONTO DOMINION BANK Added +126,364+126.4k
Clear Street Group Inc. Added +115,894+115.9k
RIVERNORTH CAPITAL MANAGEMENT, LLC Added +110,254+110.3k
Radcliffe Capital Management, L.P. Added +97,687+97.7k
Verition Fund Management LLC Added +42,394+42.4k
Virtu Financial LLC New +14,769+14.8k
Meteora Capital, LLC New +11,705+11.7k
MORGAN STANLEY Added +41+41

Biggest sellers

HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -500,000-500.0k
Shaolin Capital Management LLC Reduced -56,448-56.4k
MIZUHO SECURITIES USA LLC Reduced -43,000-43.0k
Periscope Capital Inc. Reduced -25,400-25.4k
WOLVERINE ASSET MANAGEMENT LLC Reduced -2,962-3.0k
Schonfeld Strategic Advisors LLC Reduced -2,505-2.5k
Karpus Management, Inc. Reduced -1,800-1.8k
GLAZER CAPITAL, LLC Reduced -550-550

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
Stellar V Sponsor LLC 13D · may seek influence new · filed 2025-05-14
Stated purposeIn connection with the organization of the Issuer, on July 15, 2024, the Sponsor paid $25,000 to cover certain expenses on the Issuer's behalf in consideration of 4,312,500 founder shares. Subsequently, on October 2, 2024, the Issuer, through a share capitalization, issued the Sponsor an additional 1,747,425 founder shares as bonus shares, as a result of which the Sponsor has purchased an aggregate of 6,059,925 founder shares, resulting in a per share price of approximately $0.004. On December 2, 2024, the Sponsor transferred 25,000 Class B Ordinary Shares to each of the three independent directors, for approximately $0.004 per share. After such transfer, the Sponsor holds an aggregate of 5,984,925 Class B Ordinary Shares, and the Issuer's three independent directors hold an aggregate of 7… Full filing
 29.4% new 6.3m≈ $67.0m 2025-05-14
AQR CAPITAL MANAGEMENT LLC 13G · institution -2.5 pts · filed 2025-08-14 7.0% -2.5 pts 1.1m≈ $11.6m 2025-08-14
LMR Partners LLP 13G · institution new · filed 2025-05-15 5.5% new 850.0k≈ $9.0m 2025-05-15

Fell to 5% or below in the last year: HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND (2.6%, 2026-02-13)

Insider purchases and sales in Q4 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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 2 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25Q3 25: 0 buyingQ3 25: 0 sellingQ4 25: 0 buyingQ4 25: 0 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20252—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Magnetar Financial LLC 0.13% of their portfolio EVANSTON, IL 1,300,0001.3m $13.5m $13.5m 0.13% Unchanged
2 AQR Arbitrage LLC 0.24% of their portfolio Greenwich, CT 1,096,1741.1m $11.4m $11.4m 0.24% Unchanged
3 LMR Partners LLP 0.08% of their portfolio LONDON, X0 850,000850.0k $8.8m $8.8m 0.08% Unchanged
4 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 742,490742.5k $7.7m $7.7m 0.01% Added +365.2k +365,200
5 Linden Advisors LP 0.04% of their portfolio New York, NY 700,000700.0k $7.3m $7.3m 0.04% Unchanged
6 TENOR CAPITAL MANAGEMENT Co., L.P. 0.10% of their portfolio NEW YORK, NY 675,179675.2k $7.0m $7.0m 0.10% Unchanged
7 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 550,000550.0k $5.7m $5.7m 0.00% Unchanged
8 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 543,750543.8k $5.6m $5.6m 0.01% Unchanged
9 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.25% of their portfolio WEST PALM BEACH, FL 507,754507.8k $5.3m $5.3m 0.25% Added +110.3k +110,254
10 Alberta Investment Management Corp 0.03% of their portfolio EDMONTON, A0 500,000500.0k $5.2m $5.2m 0.03% Unchanged
11 Hudson Bay Capital Management LP 0.03% of their portfolio STAMFORD, CT 425,700425.7k $4.4m $4.4m 0.03% Unchanged
12 Periscope Capital Inc. 0.85% of their portfolio Toronto, A6 424,600424.6k $4.4m $4.4m 0.85% Reduced -25.4k -25,400
13 WHITEBOX ADVISORS LLC 0.07% of their portfolio MINNEAPOLIS, MN 400,000400.0k $4.1m $4.1m 0.07% Unchanged
14 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 400,000400.0k $4.1m $4.1m 0.01% Reduced -500.0k -500,000
15 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 395,200395.2k $4.1m $4.1m 0.02% Unchanged
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 388,826388.8k $4.0m $4.0m 0.00% Unchanged
17 Jain Global LLC 0.03% of their portfolio NEW YORK, NY 324,658324.7k $3.4m $3.4m 0.03% Unchanged
18 Karpus Management, Inc. 0.09% of their portfolio Pittsford, NY 295,500295.5k $3.1m $3.1m 0.09% Reduced -1.8k -1,800
19 MMCAP International Inc. SPC 0.29% of their portfolio GRAND CAYMAN, E9 280,000280.0k $2.9m $2.9m 0.29% Unchanged
20 L1 Global Manager Pty Ltd 1.87% of their portfolio Melbourne, C3 275,000275.0k $2.9m $2.9m 1.87% First filing
21 BERKLEY W R CORP 0.15% of their portfolio Greenwich, CT 258,308258.3k $2.7m $2.7m 0.15% Unchanged
22 GLAZER CAPITAL, LLC 0.07% of their portfolio New York, NY 253,526253.5k $2.6m $2.6m 0.07% Reduced -550 -550
23 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.07% of their portfolio CHICAGO, IL 250,000250.0k $2.6m $2.6m 0.07% Unchanged
24 MOORE CAPITAL MANAGEMENT, LP 0.05% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.05% Unchanged
25 MIZUHO SECURITIES USA LLC 0.04% of their portfolio NEW YORK, NY 225,258225.3k $2.3m $2.3m 0.04% Reduced -43.0k -43,000
26 Radcliffe Capital Management, L.P. 0.12% of their portfolio BALA CYNWYD, PA 213,002213.0k $2.2m $2.2m 0.12% Added +97.7k +97,687
27 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 205,400205.4k $2.1m $2.1m 0.00% Added +126.4k +126,364
28 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 202,411202.4k $2.1m $2.1m 0.01% Added +42.4k +42,394
29 Westchester Capital Management, LLC 0.10% of their portfolio VALHALLA, NY 200,000200.0k $2.1m $2.1m 0.10% Unchanged
30 PICTON MAHONEY ASSET MANAGEMENT 0.02% of their portfolio Toronto, A6 200,000200.0k $2.1m $2.1m 0.02% Unchanged
31 Mint Tower Capital Management B.V. 0.25% of their portfolio AMSTERDAM, P7 200,000200.0k $2.1m $2.1m 0.25% Unchanged
32 GRITSTONE ASSET MANAGEMENT LLC 1.32% of their portfolio Bethesda, MD 133,770133.8k $1.4m $1.4m 1.32% Unchanged
33 Clear Street Group Inc. 0.01% of their portfolio NEW YORK, NY 117,853117.9k $1.2m $1.2m 0.01% Added +115.9k +115,894
34 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 103,756103.8k $1.1m $1.1m 0.02% Reduced -3.0k -2,962
35 Shaolin Capital Management LLC 0.04% of their portfolio Miami, FL 93,55293.6k $969.7k $969.7k 0.04% Reduced -56.4k -56,448
36 CSS LLC/IL 0.03% of their portfolio CHICAGO, IL 53,49753.5k $554.5k $554.5k 0.03% Unchanged
37 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 37,49537.5k $388.6k $388.6k 0.00% Reduced -2.5k -2,505
38 Dakota Wealth Management 0.00% of their portfolio PALM BEACH GARDENS, FL 18,80018.8k $194.9k $194.9k 0.00% Unchanged
39 Virtu Financial LLC 0.01% of their portfolio New York, NY 14,76914.8k $153.0k $153.0k 0.01% New
40 Meteora Capital, LLC 0.01% of their portfolio Boca Raton, FL 11,70511.7k $121.3k $121.3k 0.01% New
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6262 $643 $643 0.00% Added +41 +41