Vault-13

TIO TECH A

CLASS A ORD SHS · CUSIP G8T10C106

55 institutional holders +0 vs Q4 2022
26,447,13826.4m shares reported held*
$269.2mreported value*
11 new 10 added 10 reduced 10 sold out net bought ≈ $11.2m (+1.1m 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.18. Options: 2 managers hold calls ($13.2m notional), 0 hold puts (—).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 55Q4 22: 55Q1 23: 5555Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202255
Q4 202255
Q1 202355

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 13 bought or addedQ4 22: 17 cut or sold outQ4 22Q1 23: 21 bought or addedQ1 23: 20 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221317
Q1 20232120

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ3 22 calls: $12.9mQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $13.1mQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $13.2mQ1 23 puts: $0Q1 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$12.9m$00.00
Q4 2022$13.1m$00.00
Q1 2023$13.2m$00.00

Biggest buyers

COWEN AND COMPANY, LLC New +2,176,071+2.2m
Bracebridge Capital, LLC New +804,900+804.9k
D. E. Shaw & Co., Inc. New +733,333+733.3k
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) New +708,932+708.9k
Westchester Capital Management, LLC Added +707,524+707.5k
First Trust Capital Management L.P. Added +627,176+627.2k
Atlas Merchant Capital LLC Added +500,000+500.0k
GLAZER CAPITAL, LLC Added +399,278+399.3k
MIZUHO SECURITIES USA LLC New +385,948+385.9k
ARISTEIA CAPITAL, L.L.C. New +360,000+360.0k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Sold out -1,685,828-1.7m
SONA ASSET MANAGEMENT (US) LLC Sold out -967,393-967.4k
Paloma Partners Management Co Sold out -729,787-729.8k
KIM, LLC Sold out -700,000-700.0k
MARSHALL WACE, LLP Reduced -683,579-683.6k
Cohanzick Management, LLC Sold out -616,937-616.9k
CITADEL ADVISORS LLC Sold out -506,472-506.5k
683 Capital Management, LLC Reduced -500,000-500.0k
Sculptor Capital LP Sold out -423,479-423.5k
Centiva Capital, LP Sold out -382,232-382.2k

Biggest calls

DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Unchanged $10.2m1.0m shares
Paloma Partners Management Co Unchanged $3.1m300.6k 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.05% of their portfolio FRANKFURT AM MAIN, 2M 3,000,0003.0m $30.5m $30.5m 0.05% Unchanged
2 GLAZER CAPITAL, LLC 1.22% of their portfolio New York, NY 2,191,6982.2m $22.3m $22.3m 1.22% Added +399.3k +399,278
3 COWEN AND COMPANY, LLC 2.61% of their portfolio NEW YORK, NY 2,176,0712.2m $22.2m $22.2m 2.61% New
4 Westchester Capital Management, LLC 0.55% of their portfolio VALHALLA, NY 1,703,3291.7m $17.3m $17.3m 0.55% Added +707.5k +707,524
5 683 Capital Management, LLC 1.37% of their portfolio NEW YORK, NY 1,500,0001.5m $15.3m $15.3m 1.37% Reduced -500.0k -500,000
6 First Trust Capital Management L.P. 0.54% of their portfolio CHICAGO, IL 1,224,3431.2m $12.5m $12.5m 0.54% Added +627.2k +627,176
7 FIR TREE CAPITAL MANAGEMENT LP 0.87% of their portfolio New York, NY 1,065,0881.1m $10.8m $10.8m 0.87% Unchanged
8 Periscope Capital Inc. 0.41% of their portfolio Toronto, A6 865,786865.8k $8.8m $8.8m 0.41% Reduced -6.8k -6,800
9 Bracebridge Capital, LLC 4.64% of their portfolio BOSTON, MA 804,900804.9k $8.2m $8.2m 4.64% New
10 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 733,333733.3k $7.5m $7.5m 0.01% New
11 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.17% of their portfolio CHICAGO, IL 708,932708.9k $7.2m $7.2m 0.17% New
12 Saba Capital Management, L.P. 0.17% of their portfolio NEW YORK, NY 708,718708.7k $7.2m $7.2m 0.17% Unchanged
13 Atlas Merchant Capital LLC 1.19% of their portfolio New York, NY 670,241670.2k $6.8m $6.8m 1.19% Added +500.0k +500,000
14 Alpha Wave Global, LP 2.25% of their portfolio Miami, FL 600,000600.0k $6.1m $6.1m 2.25% Unchanged
15 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 516,071516.1k $5.3m $5.3m 0.01% Added +474 +474
16 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio SAN FRANCISCO, CA 502,001502.0k $5.1m $5.1m 0.03% Unchanged
17 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 483,618483.6k $4.9m $4.9m 0.01% Unchanged
18 BERKLEY W R CORP 0.30% of their portfolio Greenwich, CT 458,750458.8k $4.7m $4.7m 0.30% Added +200.5k +200,488
19 PICTON MAHONEY ASSET MANAGEMENT 0.22% of their portfolio Toronto, A6 424,997425.0k $4.3m $4.3m 0.22% Unchanged
20 Magnetar Financial LLC 0.08% of their portfolio EVANSTON, IL 423,593423.6k $4.3m $4.3m 0.08% Reduced -21.3k -21,321
21 Linden Advisors LP 0.04% of their portfolio New York, NY 400,000400.0k $4.1m $4.1m 0.04% Unchanged
22 MOORE CAPITAL MANAGEMENT, LP 0.13% of their portfolio NEW YORK, NY 400,000400.0k $4.1m $4.1m 0.13% Unchanged
23 MIZUHO SECURITIES USA LLC 0.23% of their portfolio NEW YORK, NY 385,948385.9k $3.9m $3.9m 0.23% New
24 ARISTEIA CAPITAL, L.L.C. 0.09% of their portfolio GREENWICH, CT 360,000360.0k $3.7m $3.7m 0.09% New
25 Radcliffe Capital Management, L.P. 0.22% of their portfolio BALA CYNWYD, PA 352,802352.8k $3.6m $3.6m 0.22% Unchanged
26 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 352,533352.5k $3.6m $3.6m 0.01% Reduced -683.6k -683,579
27 CLEAR STREET LLC 0.49% of their portfolio NEW YORK, NY 300,251300.3k $3.1m $3.1m 0.49% New
28 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 300,000300.0k $3.1m $3.1m 0.00% Unchanged
29 Exos TFP Holdings LLC 0.77% of their portfolio NEW YORK, NY 300,000300.0k $3.1m $3.1m 0.77% New
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 290,000290.0k $3.0m $3.0m 0.00% Unchanged
31 Shaolin Capital Management LLC 0.09% of their portfolio Miami, FL 288,000288.0k $2.9m $2.9m 0.09% Unchanged
32 Polar Asset Management Partners Inc. 0.05% of their portfolio TORONTO, A6 287,999288.0k $2.9m $2.9m 0.05% Unchanged
33 Schechter Investment Advisors, LLC 0.24% of their portfolio BIRMINGHAM, MI 251,074251.1k $2.6m $2.6m 0.24% Added +85.5k +85,469
34 Segantii Capital Management Ltd 0.11% of their portfolio HONG KONG, K3 250,000250.0k $2.5m $2.5m 0.11% Unchanged
35 Bulldog Investors, LLP 0.82% of their portfolio SADDLE BROOK, NJ 249,394249.4k $2.5m $2.5m 0.82% Reduced -76.1k -76,111
36 Wealthspring Capital LLC 2.23% of their portfolio WEST HARRISON, NY 134,400134.4k $1.4m $1.4m 2.23% New
37 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 116,120116.1k $1.2m $1.2m 0.00% Added +95.6k +95,600
38 Virtu Financial LLC 0.12% of their portfolio New York, NY 115,304115.3k $1.2m $1.2m 0.12% Added +89.3k +89,308
39 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 114,148114.1k $1.2m $1.2m 0.02% Unchanged
40 WHITEBOX ADVISORS LLC 0.05% of their portfolio MINNEAPOLIS, MN 92,00092.0k $936.6k $936.6k 0.05% Unchanged
41 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 87,56887.6k $891.4k $891.4k 0.02% New
42 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 72,71172.7k $740.0k $740.0k 0.00% New
43 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 70,00070.0k $712.6k $712.6k 0.01% Reduced -20.0k -20,000
44 Weiss Asset Management LP 0.04% of their portfolio BOSTON, MA 50,00050.0k $509.0k $509.0k 0.04% Reduced -250.0k -250,000
45 Spartan Fund Management Inc. 0.21% of their portfolio TORONTO, ONTARIO, Z4 43,99144.0k $447.8k $447.8k 0.21% Reduced -50.2k -50,250
46 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 35,96436.0k $366.1k $366.1k 0.00% Reduced -3.4k -3,365
47 Karpus Management, Inc. 0.01% of their portfolio Pittsford, NY 33,00033.0k $335.9k $335.9k 0.01% Unchanged
48 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 30,55530.6k $311.1k $311.1k 0.00% Unchanged
49 Terrapin Asset Management, LLC 0.27% of their portfolio Miami, FL 20,00020.0k $203.6k $203.6k 0.27% Unchanged
50 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 18,18018.2k $185.1k $185.1k 0.01% Unchanged
51 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 16,84116.8k $171.4k $171.4k 0.00% Unchanged
52 HGC Investment Management Inc. 0.00% of their portfolio TORONTO, A6 796796 $10.0k $10.0k 0.00% Added +398 +398
53 Elequin Capital, LP 0.00% of their portfolio NEW YORK, NY 250250 $2.5k $2.5k 0.00% Unchanged
54 UBS Group AG 0.00% of their portfolio ZURICH, V8 240240 $2.4k $2.4k 0.00% Reduced -787 -787
55 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged