Vault-13

TARGET GLOBAL ACQUISI I CORP TGAAF

CLASS A ORD SHS · Common Stock · CUSIP G8675N109

56 institutional holders +3 vs Q4 2022
20,703,26020.7m shares reported held*
$216.8mreported value*
9 new 10 added 5 reduced 6 sold out net bought ≈ $10.2m (+982.4k 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 ≈ $10.47.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 51Q4 22: 53Q1 23: 5656Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202251
Q4 202253
Q1 202356

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 11 bought or addedQ4 22: 14 cut or sold outQ4 22Q1 23: 19 bought or addedQ1 23: 11 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221114
Q1 20231911

Biggest buyers

First Trust Capital Management L.P. Added +1,077,060+1.1m
Westchester Capital Management, LLC New +799,952+800.0k
KIM, LLC Added +600,000+600.0k
Periscope Capital Inc. Added +473,683+473.7k
ARISTEIA CAPITAL, L.L.C. Added +413,403+413.4k
Quarry LP New +275,000+275.0k
Bulldog Investors, LLP New +225,000+225.0k
MIZUHO SECURITIES USA LLC New +200,000+200.0k
PRELUDE CAPITAL MANAGEMENT, LLC New +130,000+130.0k
Sea Otter Advisors LLC New +125,600+125.6k

Biggest sellers

HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -1,674,158-1.7m
MARSHALL WACE, LLP Sold out -540,792-540.8k
MILLENNIUM MANAGEMENT LLC Reduced -540,003-540.0k
Shaolin Capital Management LLC Reduced -436,795-436.8k
GLAZER CAPITAL, LLC Sold out -283,814-283.8k
Weiss Asset Management LP Sold out -131,608-131.6k
BANK OF MONTREAL /CAN/ Sold out -58,400-58.4k
Cohanzick Management, LLC Reduced -47,982-48.0k
AQR Arbitrage LLC Reduced -26,622-26.6k
Ergoteles LLC Reduced -10,000-10.0k

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
Target Global Sponsor Ltd. 13G · exempt (held before listing) no change · filed 2025-10-02 17.4% no change 1.6m 2025-10-02
MIZUHO FINANCIAL GROUP INC 13G · institution no change · filed 2025-05-13 6.0% no change 426.8k 2025-05-13

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 0.51% of their portfolio GREENWICH, CT 1,946,3411.9m $20.3m $20.3m 0.51% Added +413.4k +413,403
2 CANTOR FITZGERALD, L. P. 0.36% of their portfolio NEW YORK, NY 1,611,7241.6m $16.8m $16.8m 0.36% Unchanged
3 Saba Capital Management, L.P. 0.36% of their portfolio NEW YORK, NY 1,420,2001.4m $14.9m $14.9m 0.36% Unchanged
4 First Trust Capital Management L.P. 0.55% of their portfolio CHICAGO, IL 1,227,0601.2m $12.8m $12.8m 0.55% Added +1.1m +1,077,060
5 Calamos Advisors LLC 0.05% of their portfolio NAPERVILLE, IL 1,000,0001.0m $10.5m $10.5m 0.05% Unchanged
6 Periscope Capital Inc. 0.47% of their portfolio Toronto, A6 982,933982.9k $10.3m $10.3m 0.47% Added +473.7k +473,683
7 Polar Asset Management Partners Inc. 0.18% of their portfolio TORONTO, A6 972,611972.6k $10.1m $10.1m 0.18% Unchanged
8 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 925,763925.8k $9.7m $9.7m 0.02% Unchanged
9 AQR Arbitrage LLC 0.27% of their portfolio Greenwich, CT 849,295849.3k $8.9m $8.9m 0.27% Reduced -26.6k -26,622
10 KIM, LLC 0.58% of their portfolio WICHITA, KS 800,000800.0k $8.4m $8.4m 0.58% Added +600.0k +600,000
11 Westchester Capital Management, LLC 0.27% of their portfolio VALHALLA, NY 799,952800.0k $8.3m $8.3m 0.27% New
12 Magnetar Financial LLC 0.14% of their portfolio EVANSTON, IL 700,714700.7k $7.3m $7.3m 0.14% Unchanged
13 Radcliffe Capital Management, L.P. 0.45% of their portfolio BALA CYNWYD, PA 685,612685.6k $7.2m $7.2m 0.45% Added +37.3k +37,251
14 Apollo Management Holdings, L.P. 0.05% of their portfolio New York, NY 500,000500.0k $5.2m $5.2m 0.05% Unchanged
15 Shaolin Capital Management LLC 0.16% of their portfolio Miami, FL 500,000500.0k $5.2m $5.2m 0.16% Reduced -436.8k -436,795
16 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 491,500491.5k $5.1m $5.1m 0.01% Reduced -540.0k -540,003
17 ANGELO GORDON & CO., L.P. 1.19% of their portfolio NEW YORK, NY 400,000400.0k $4.2m $4.2m 1.19% Unchanged
18 PICTON MAHONEY ASSET MANAGEMENT 0.21% of their portfolio Toronto, A6 399,996400.0k $4.2m $4.2m 0.21% Unchanged
19 DUPONT CAPITAL MANAGEMENT CORP 0.15% of their portfolio Wilmington, DE 300,000300.0k $3.1m $3.1m 0.15% Unchanged
20 Segantii Capital Management Ltd 0.14% of their portfolio HONG KONG, K3 300,000300.0k $3.1m $3.1m 0.14% Unchanged
21 LMR Partners LLP 0.06% of their portfolio LONDON, X0 300,000300.0k $3.1m $3.1m 0.06% Unchanged
22 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 285,337285.3k $3.0m $3.0m 0.01% Unchanged
23 Quarry LP 1.60% of their portfolio NEW YORK, NY 275,000275.0k $2.9m $2.9m 1.60% New
24 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 225,000225.0k $2.3m $2.3m 0.00% Unchanged
25 Bulldog Investors, LLP 0.75% of their portfolio SADDLE BROOK, NJ 225,000225.0k $2.3m $2.3m 0.75% New
26 Centiva Capital, LP 0.12% of their portfolio New York, NY 202,074202.1k $2.1m $2.1m 0.12% Unchanged
27 MIZUHO SECURITIES USA LLC 0.12% of their portfolio NEW YORK, NY 200,000200.0k $2.1m $2.1m 0.12% New
28 MASO CAPITAL PARTNERS Ltd 1.39% of their portfolio HONG KONG, K3 199,995200.0k $2.1m $2.1m 1.39% Unchanged
29 BERKLEY W R CORP 0.13% of their portfolio Greenwich, CT 199,706199.7k $2.1m $2.1m 0.13% Added +100.8k +100,796
30 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 150,000150.0k $1.6m $1.6m 0.00% Unchanged
31 Lynwood Capital Management Inc. 1.83% of their portfolio TORONTO, A6 138,595138.6k $2.0m $2.0m 1.83% Unchanged
32 PRELUDE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 130,000130.0k $1.4m $1.4m 0.09% New
33 Sea Otter Advisors LLC 0.85% of their portfolio Miami, FL 125,600125.6k $1.3m $1.3m 0.85% New
34 TENOR CAPITAL MANAGEMENT Co., L.P. 0.03% of their portfolio NEW YORK, NY 125,000125.0k $1.3m $1.3m 0.03% Unchanged
35 Taconic Capital Advisors LP 0.08% of their portfolio NEW YORK, NY 125,000125.0k $1.3m $1.3m 0.08% Unchanged
36 Sculptor Capital LP 0.03% of their portfolio New York, NY 124,998125.0k $1.3m $1.3m 0.03% Unchanged
37 WHITEBOX ADVISORS LLC 0.05% of their portfolio MINNEAPOLIS, MN 100,000100.0k $1.0m $1.0m 0.05% Unchanged
38 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 99,998100.0k $1.0m $1.0m 0.01% Added +50.0k +50,000
39 GRITSTONE ASSET MANAGEMENT LLC 1.22% of their portfolio Bethesda, MD 92,09992.1k $960.6k $960.6k 1.22% New
40 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 87,63687.6k $914.0k $914.0k 0.02% Added +55.4k +55,385
41 Cohanzick Management, LLC 0.68% of their portfolio Pleasantville, NY 81,99882.0k $858.1k $858.1k 0.68% Reduced -48.0k -47,982
42 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 58,64658.6k $612.9k $612.9k 0.00% Unchanged
43 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 53,14053.1k $556.0k $556.0k 0.01% Added +26.6k +26,570
44 Karpus Management, Inc. 0.02% of their portfolio Pittsford, NY 52,30052.3k $545.5k $545.5k 0.02% Unchanged
45 OMERS ADMINISTRATION Corp 0.01% of their portfolio TORONTO, A6 39,99940.0k $418.6k $418.6k 0.01% Unchanged
46 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 33,41433.4k $348.5k $348.5k 0.00% New
47 ROBINSON CAPITAL MANAGEMENT, LLC 0.13% of their portfolio GROSSE POINTE FARMS, MI 26,57026.6k $277.4k $277.4k 0.13% Unchanged
48 Virtu Financial LLC 0.02% of their portfolio New York, NY 22,18322.2k $231.0k $231.0k 0.02% Added +2.4k +2,441
49 Atlas Merchant Capital LLC 0.04% of their portfolio New York, NY 21,11021.1k $220.3k $220.3k 0.04% Unchanged
50 Sage Rock Capital Management LP 0.11% of their portfolio NEW YORK, NY 21,00021.0k $219.0k $219.0k 0.11% Unchanged
51 COWEN AND COMPANY, LLC 0.02% of their portfolio NEW YORK, NY 17,87717.9k $186.5k $186.5k 0.02% New
52 Spartan Fund Management Inc. 0.07% of their portfolio TORONTO, ONTARIO, Z4 14,14514.1k $147.5k $147.5k 0.07% Unchanged
53 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 13,53913.5k $141.7k $141.7k 0.00% Unchanged
54 Ergoteles LLC 0.01% of their portfolio NEW YORK, NY 12,60012.6k $131.5k $131.5k 0.01% Reduced -10.0k -10,000
55 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 10,00010.0k $104.7k $104.7k 0.00% Unchanged
56 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged