Vault-13

TWO

COM CL A · CUSIP G9152V101

59 institutional holders -7 vs Q3 2022
20,313,13520.3m shares reported held*
$204.6mreported value*
3 new 9 added 11 reduced 12 sold out net sold ≈ $3.2m (-319.2k 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 ($453.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.07.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 66Q4 22: 5959Q3 22Q4 22
Numbers
QuarterHolders
Q3 202266
Q4 202259

Biggest buyers

GLAZER CAPITAL, LLC Added +829,192+829.2k
HSBC HOLDINGS PLC New +615,266+615.3k
ARISTEIA CAPITAL, L.L.C. Added +476,590+476.6k
Woodline Partners LP Added +200,000+200.0k
Weiss Asset Management LP Added +150,000+150.0k
First Trust Capital Management L.P. New +51,566+51.6k
D. E. Shaw & Co., Inc. Added +37,017+37.0k
Westchester Capital Management, LLC New +5,157+5.2k
Periscope Capital Inc. Added +4,549+4.5k
JANE STREET GROUP, LLC Added +1,602+1.6k

Biggest sellers

FIR TREE CAPITAL MANAGEMENT LP Reduced -401,550-401.6k
CITADEL ADVISORS LLC Sold out -400,300-400.3k
RP Investment Advisors LP Sold out -400,000-400.0k
Sculptor Capital LP Reduced -311,307-311.3k
ANGELO GORDON & CO., L.P. Sold out -250,000-250.0k
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Sold out -238,623-238.6k
Ghisallo Capital Management LLC Reduced -180,710-180.7k
Castle Hook Partners LP Sold out -170,196-170.2k
CSS LLC/IL Sold out -101,405-101.4k
Wealthspring Capital LLC Sold out -84,870-84.9k

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GLAZER CAPITAL, LLC 0.53% of their portfolio New York, NY 2,048,9532.0m $20.6m $20.6m 0.53% Added +829.2k +829,192
2 Sculptor Capital LP 0.33% of their portfolio New York, NY 1,764,0691.8m $17.8m $17.8m 0.33% Reduced -311.3k -311,307
3 ARISTEIA CAPITAL, L.L.C. 0.25% of their portfolio GREENWICH, CT 1,219,7071.2m $12.3m $12.3m 0.25% Added +476.6k +476,590
4 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 1,059,0011.1m $10.7m $10.7m 0.01% Reduced -200 -200
5 Centiva Capital, LP 0.84% of their portfolio New York, NY 1,006,9291.0m $10.1m $10.1m 0.84% Unchanged
6 CADIAN CAPITAL MANAGEMENT, LP 0.73% of their portfolio NEW YORK, NY 1,000,0001.0m $10.1m $10.1m 0.73% Unchanged
7 Woodline Partners LP 0.11% of their portfolio San Francisco, CA 813,114813.1k $8.2m $8.2m 0.11% Added +200.0k +200,000
8 Clal Insurance Enterprises Holdings Ltd 0.11% of their portfolio Tel-aviv, L3 750,000750.0k $7.6m $7.6m 0.11% Unchanged
9 FIR TREE CAPITAL MANAGEMENT LP 0.38% of their portfolio New York, NY 734,452734.5k $7.4m $7.4m 0.38% Reduced -401.6k -401,550
10 KIM, LLC 0.38% of their portfolio WICHITA, KS 688,569688.6k $6.9m $6.9m 0.38% Unchanged
11 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 620,975621.0k $6.3m $6.3m 0.02% Unchanged
12 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 615,266615.3k $6.2m $6.2m 0.01% New
13 HGC Investment Management Inc. 0.61% of their portfolio TORONTO, A6 585,469585.5k $5.9m $5.9m 0.61% Unchanged
14 Radcliffe Capital Management, L.P. 0.19% of their portfolio BALA CYNWYD, PA 583,569583.6k $5.9m $5.9m 0.19% Added +100 +100
15 Silver Rock Financial LP 1.78% of their portfolio Los Angeles, CA 556,773556.8k $5.6m $5.6m 1.78% Unchanged
16 Magnetar Financial LLC 0.09% of their portfolio EVANSTON, IL 542,000542.0k $5.5m $5.5m 0.09% Unchanged
17 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 539,536539.5k $5.4m $5.4m 0.01% Added +37.0k +37,017
18 Taconic Capital Advisors LP 0.17% of their portfolio NEW YORK, NY 451,105451.1k $4.5m $4.5m 0.17% Unchanged
19 AQR Arbitrage LLC 0.10% of their portfolio Greenwich, CT 397,300397.3k $4.0m $4.0m 0.10% Unchanged
20 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 392,227392.2k $3.9m $3.9m 0.01% Added +1.6k +1,602
21 P SCHOENFELD ASSET MANAGEMENT LP 0.35% of their portfolio NEW YORK, NY 297,997298.0k $3.0m $3.0m 0.35% Unchanged
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 296,496296.5k $3.0m $3.0m 0.00% Reduced -3.1k -3,148
23 Hudson Bay Capital Management LP 0.03% of their portfolio STAMFORD, CT 250,000250.0k $2.5m $2.5m 0.03% Unchanged
24 MOORE CAPITAL MANAGEMENT, LP 0.07% of their portfolio NEW YORK, NY 250,000250.0k $2.5m $2.5m 0.07% Unchanged
25 Atlas Merchant Capital LLC 0.42% of their portfolio New York, NY 250,000250.0k $2.5m $2.5m 0.42% First filing
26 Arena Capital Advisors, LLC- CA 1.23% of their portfolio LOS ANGELES, CA 222,916222.9k $2.2m $2.2m 1.23% Unchanged
27 Polar Asset Management Partners Inc. 0.03% of their portfolio TORONTO, A6 202,901202.9k $2.0m $2.0m 0.03% Unchanged
28 PICTON MAHONEY ASSET MANAGEMENT 0.10% of their portfolio Toronto, A6 195,466195.5k $2.0m $2.0m 0.10% Unchanged
29 Ghisallo Capital Management LLC 0.35% of their portfolio BOSTON, MA 192,856192.9k $1.9m $1.9m 0.35% Reduced -180.7k -180,710
30 Weiss Asset Management LP 0.09% of their portfolio BOSTON, MA 190,500190.5k $1.9m $1.9m 0.09% Added +150.0k +150,000
31 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 157,382157.4k $1.6m $1.6m 0.00% Unchanged
32 DeepCurrents Investment Group LLC 0.07% of their portfolio NEW YORK, NY 155,007155.0k $1.6m $1.6m 0.07% Unchanged
33 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 150,000150.0k $1.5m $1.5m 0.01% Unchanged
34 Periscope Capital Inc. 0.06% of their portfolio Toronto, A6 129,789129.8k $1.3m $1.3m 0.06% Added +4.5k +4,549
35 Exos TFP Holdings LLC 0.31% of their portfolio NEW YORK, NY 112,532112.5k $1.1m $1.1m 0.31% Reduced -331 -331
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 100,000100.0k $1.0m $1.0m 0.00% Unchanged
37 TENOR CAPITAL MANAGEMENT Co., L.P. 0.02% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.02% Unchanged
38 WHITEBOX ADVISORS LLC 0.03% of their portfolio MINNEAPOLIS, MN 92,00092.0k $926.4k $926.4k 0.03% Unchanged
39 Schechter Investment Advisors, LLC 0.08% of their portfolio BIRMINGHAM, MI 83,77083.8k $843.6k $843.6k 0.08% Unchanged
40 Cohanzick Management, LLC 0.24% of their portfolio Pleasantville, NY 82,88782.9k $836.3k $836.3k 0.24% Reduced -3.9k -3,879
41 DUPONT CAPITAL MANAGEMENT CORP 0.04% of their portfolio Wilmington, DE 75,00075.0k $756.4k $756.4k 0.04% Unchanged
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 65,79765.8k $662.6k $662.6k 0.00% Unchanged
43 First Trust Capital Management L.P. 0.03% of their portfolio CHICAGO, IL 51,56651.6k $519.3k $519.3k 0.03% New
44 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 45,07245.1k $453.9k $453.9k 0.01% Reduced -45.1k -45,072
45 Spartan Fund Management Inc. 0.15% of their portfolio TORONTO, ONTARIO, Z4 40,72340.7k $411.0k $411.0k 0.15% Reduced -9.3k -9,277
46 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 40,00040.0k $402.8k $402.8k 0.00% Unchanged
47 COWEN AND COMPANY, LLC 0.03% of their portfolio NEW YORK, NY 32,00032.0k $322.2k $322.2k 0.03% Unchanged
48 FNY Investment Advisers, LLC 0.41% of their portfolio NEW YORK, NY 28,95028.9k $291.0k $291.0k 0.41% Unchanged
49 PIPER SANDLER & CO. 0.26% of their portfolio MINNEAPOLIS, MN 25,00325.0k $252.2k $252.2k 0.26% Unchanged
50 Sage Mountain Advisors LLC 0.05% of their portfolio ATLANTA, GA 20,00020.0k $201.4k $201.4k 0.05% Reduced -12.0k -12,000
51 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 15,62015.6k $157.5k $157.5k 0.00% Unchanged
52 Ergoteles LLC 0.00% of their portfolio NEW YORK, NY 11,00011.0k $110.8k $110.8k 0.00% Unchanged
53 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 10,90310.9k $110.0k $110.0k 0.00% Reduced -40.4k -40,407
54 Westchester Capital Management, LLC 0.00% of their portfolio VALHALLA, NY 5,1575.2k $51.9k $51.9k 0.00% New
55 Terrapin Asset Management, LLC 0.05% of their portfolio Miami, FL 5,0855.1k $51.3k $51.3k 0.05% First filing
56 UBS Group AG 0.00% of their portfolio ZURICH, V8 4,0524.1k $40.8k $40.8k 0.00% Added +1.3k +1,275
57 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 500500 $5.0k $5.0k 0.00% Unchanged
58 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 266266 $3.0k $3.0k 0.00% Unchanged
59 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged