Vault-13

THAYER VENTURES ACQ CORP II TVAI

CL A · Common Stock · CUSIP G87890102

49 institutional holders +0 vs Q1 2026
19,704,47819.7m shares reported held*
$203.4mreported value*
0 new 7 added 6 reduced 0 sold out net bought ≈ $1.4m (+131.1k 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 ≈ $10.32.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 25: 41Q4 25: 43Q1 26: 49Q2 26: 4949Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202541
Q4 202543
Q1 202649
Q2 202649

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 25: 12 bought or addedQ4 25: 8 cut or sold outQ4 25Q1 26: 11 bought or addedQ1 26: 10 cut or sold outQ1 26Q2 26: 7 bought or addedQ2 26: 6 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 2025128
Q1 20261110
Q2 202676

Biggest buyers

MIZUHO SECURITIES USA LLC Added +511,075+511.1k
TORONTO DOMINION BANK Added +98,000+98.0k
HIGHBRIDGE CAPITAL MANAGEMENT LLC Added +65,426+65.4k
BERKLEY W R CORP Added +54,629+54.6k
AQR Arbitrage LLC Added +3,258+3.3k
PenderFund Capital Management Ltd. Added +2,800+2.8k
Logan Stone Capital, LLC Added +427+427

Biggest sellers

Meteora Capital, LLC Reduced -504,384-504.4k
Shaolin Capital Management LLC Reduced -81,195-81.2k
WOLVERINE ASSET MANAGEMENT LLC Reduced -15,490-15.5k
GLAZER CAPITAL, LLC Reduced -1,706-1.7k
Karpus Management, Inc. Reduced -1,675-1.7k
MORGAN STANLEY Reduced -19-19

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
BARCLAYS PLC 13G · institution new · filed 2025-11-12 7.4% new 1.5m≈ $15.7m 2025-11-12

Fell to 5% or below in the last year: METEORA CAPITAL, LLC (3.0%, 2026-08-14)

Insider purchases and sales since 1 Apr 2026

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 since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.09% of their portfolio New York, NY 1,750,0001.8m $18.1m $18.1m 0.09% Unchanged
2 ARISTEIA CAPITAL, L.L.C. 0.18% of their portfolio GREENWICH, CT 1,125,0001.1m $11.6m $11.6m 0.18% Unchanged
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.15% of their portfolio NEW YORK, NY 1,000,0001.0m $10.3m $10.3m 0.15% Unchanged
4 Polar Asset Management Partners Inc. 0.17% of their portfolio TORONTO, A6 900,000900.0k $9.3m $9.3m 0.17% Unchanged
5 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 875,000875.0k $9.0m $9.0m 0.01% Unchanged
6 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 700,000700.0k $7.2m $7.2m 0.00% Unchanged
7 Alberta Investment Management Corp 0.04% of their portfolio EDMONTON, A0 700,000700.0k $7.2m $7.2m 0.04% Unchanged
8 AQR Arbitrage LLC 0.09% of their portfolio Greenwich, CT 640,768640.8k $6.6m $6.6m 0.09% Added +3.3k +3,258
9 MIZUHO SECURITIES USA LLC 0.06% of their portfolio NEW YORK, NY 636,075636.1k $6.5m $6.5m 0.06% Added +511.1k +511,075
10 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 634,375634.4k $6.5m $6.5m 0.00% Unchanged
11 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 626,871626.9k $6.5m $6.5m 0.05% Unchanged
12 Meteora Capital, LLC 0.52% of their portfolio Boca Raton, FL 606,402606.4k $6.3m $6.3m 0.52% Reduced -504.4k -504,384
13 GLAZER CAPITAL, LLC 0.15% of their portfolio New York, NY 581,795581.8k $6.0m $6.0m 0.15% Reduced -1.7k -1,706
14 Karpus Management, Inc. 0.16% of their portfolio Pittsford, NY 541,900541.9k $5.6m $5.6m 0.16% Reduced -1.7k -1,675
15 Radcliffe Capital Management, L.P. 0.41% of their portfolio BALA CYNWYD, PA 525,000525.0k $5.4m $5.4m 0.41% Unchanged
16 Westchester Capital Management, LLC 0.27% of their portfolio VALHALLA, NY 525,000525.0k $5.4m $5.4m 0.27% Unchanged
17 HGC Investment Management Inc. 1.07% of their portfolio TORONTO, A6 525,000525.0k $5.4m $5.4m 1.07% Unchanged
18 BERKLEY W R CORP 0.26% of their portfolio Greenwich, CT 518,020518.0k $5.4m $5.4m 0.26% Added +54.6k +54,629
19 WOLVERINE ASSET MANAGEMENT LLC 0.07% of their portfolio CHICAGO, IL 515,232515.2k $5.3m $5.3m 0.07% Reduced -15.5k -15,490
20 MANGROVE PARTNERS IM, LLC 0.31% of their portfolio Greenwich, CT 450,000450.0k $4.6m $4.6m 0.31% Unchanged
21 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.20% of their portfolio WEST PALM BEACH, FL 398,000398.0k $4.1m $4.1m 0.20% Unchanged
22 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 387,262387.3k $4.0m $4.0m 0.02% Unchanged
23 Logan Stone Capital, LLC 0.84% of their portfolio CHICAGO, IL 383,267383.3k $4.0m $4.0m 0.84% Added +427 +427
24 Shaolin Capital Management LLC 0.22% of their portfolio Miami, FL 377,208377.2k $3.9m $3.9m 0.22% Reduced -81.2k -81,195
25 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 375,000375.0k $3.9m $3.9m 0.02% Unchanged
26 Magnetar Financial LLC 0.03% of their portfolio EVANSTON, IL 350,000350.0k $3.6m $3.6m 0.03% Unchanged
27 Periscope Capital Inc. 0.51% of their portfolio Toronto, A6 312,500312.5k $3.2m $3.2m 0.51% Unchanged
28 PICTON MAHONEY ASSET MANAGEMENT 0.03% of their portfolio Toronto, A6 300,000300.0k $3.1m $3.1m 0.03% Unchanged
29 Centiva Capital, LP 0.10% of their portfolio New York, NY 285,146285.1k $2.9m $2.9m 0.10% Unchanged
30 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 250,806250.8k $2.6m $2.6m 0.09% Added +65.4k +65,426
31 HEIGHTS CAPITAL MANAGEMENT, INC 0.60% of their portfolio SAN FRANCISCO, CA 250,000250.0k $2.6m $2.6m 0.60% Unchanged
32 O'Connor Alternative Investments LLC 0.19% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 0.19% Unchanged
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 221,227221.2k $2.3m $2.3m 0.00% Unchanged
34 WHITEBOX ADVISORS LLC 0.03% of their portfolio MINNEAPOLIS, MN 200,000200.0k $2.1m $2.1m 0.03% Unchanged
35 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 199,995200.0k $2.1m $2.1m 0.01% Unchanged
36 SONA ASSET MANAGEMENT (US) LLC 0.07% of their portfolio NEW YORK, NY 182,437182.4k $1.9m $1.9m 0.07% Unchanged
37 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 150,115150.1k $1.5m $1.5m 0.00% Unchanged
38 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 125,000125.0k $1.3m $1.3m 0.00% Added +98.0k +98,000
39 DLD Asset Management, LP 0.04% of their portfolio NEW YORK, NY 48,73048.7k $502.9k $502.9k 0.04% Unchanged
40 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 45,00045.0k $465.3k $465.3k 0.00% Unchanged
41 Warberg Asset Management LLC 0.14% of their portfolio WINNETKA, IL 44,69944.7k $461.3k $461.3k 0.14% Unchanged
42 PenderFund Capital Management Ltd. 0.05% of their portfolio VANCOUVER, A1 38,80038.8k $401.2k $401.2k 0.05% Added +2.8k +2,800
43 CSS LLC/IL 0.02% of their portfolio CHICAGO, IL 38,60038.6k $398.4k $398.4k 0.02% Unchanged
44 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 25,19325.2k $260.5k $260.5k 0.00% Unchanged
45 DELTEC ASSET MANAGEMENT LLC 0.04% of their portfolio New York, NY 25,00025.0k $258.0k $258.0k 0.04% Unchanged
46 Crossingbridge Advisors, LLC 0.05% of their portfolio PLEASANTVILLE, NY 25,00025.0k $258.0k $258.0k 0.05% Unchanged
47 ABC ARBITRAGE SA 0.03% of their portfolio PARIS, I0 23,30023.3k $240.5k $240.5k 0.03% Unchanged
48 Kepos Capital LP 0.22% of their portfolio NEW YORK, NY 15,70015.7k $162.0k $162.0k 0.22% Unchanged
49 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5555 $568 $568 0.00% Reduced -19 -19