Vault-13

VINE HILL CAP INVT CORP.

ORD SHS CL A · CUSIP G93Y09107

25 institutional holders -17 vs Q4 2025
7,934,1007.9m shares reported held*
$84.1mreported value*
6 new 3 added 6 reduced 24 sold out net sold ≈ $145.4m (-13.6m 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 ≈ $10.60.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q4 24: 39Q1 25: 37Q2 25: 47Q3 25: 46Q4 25: 42Q1 26: 2525Q4 24Q1 25Q2 25Q3 25Q4 25Q1 26
Numbers
QuarterHolders
Q4 202439
Q1 202537
Q2 202547
Q3 202546
Q4 202542
Q1 202625

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 25: 14 bought or addedQ1 25: 12 cut or sold outQ1 25Q2 25: 20 bought or addedQ2 25: 11 cut or sold outQ2 25Q3 25: 12 bought or addedQ3 25: 28 cut or sold outQ3 25Q4 25: 14 bought or addedQ4 25: 28 cut or sold outQ4 25Q1 26: 9 bought or addedQ1 26: 30 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q1 20251412
Q2 20252011
Q3 20251228
Q4 20251428
Q1 2026930

Calls vs puts

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

CallsPuts
$0$5k$10k$15kQ2 25 calls: $10.9kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$10.9k$00.00
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—

Biggest buyers

BERKLEY W R CORP Added +495,413+495.4k
Empyrean Capital Partners, LP Added +274,694+274.7k
Quarry LP New +193,267+193.3k
Crossingbridge Advisors, LLC New +187,736+187.7k
Brevan Howard Capital Management LP New +120,000+120.0k
UBS Group AG New +50,553+50.6k
AQR Arbitrage LLC Added +34,894+34.9k
BNP PARIBAS FINANCIAL MARKETS New +25,220+25.2k
BOOTHBAY FUND MANAGEMENT, LLC New +24,460+24.5k

Biggest sellers

Alyeska Investment Group, L.P. Reduced -1,865,309-1.9m
Harraden Circle Investments, LLC Reduced -1,751,159-1.8m
Magnetar Financial LLC Sold out -1,669,999-1.7m
Gillson Capital LP Sold out -1,586,294-1.6m
ARISTEIA CAPITAL, L.L.C. Sold out -1,514,440-1.5m
HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -1,373,824-1.4m
Calamos Advisors LLC Sold out -925,000-925.0k
Linden Advisors LP Sold out -888,000-888.0k
LMR Partners LLP Sold out -600,310-600.3k
RIVERNORTH CAPITAL MANAGEMENT, LLC Sold out -528,394-528.4k

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
Vine Hill Capital Sponsor I LLC 13G · exempt (held before listing) new · filed 2025-02-13 25.0% new 7.3m 2025-02-13
Alyeska Investment Group, L.P. 13G · institution +2.7 pts · filed 2026-02-17 8.9% +2.7 pts 2.0m 2026-02-17

Fell to 5% or below in the last year: Magnetar Financial LLC (0.0%, 2026-09-04), TENOR CAPITAL MANAGEMENT Co., L.P. (0.0%, 2026-05-15), HIGHBRIDGE CAPITAL MANAGEMENT LLC (0.0%, 2026-05-15), Harraden Circle Investments, LLC (0.0%, 2026-05-14), ARISTEIA CAPITAL, L.L.C. (0.0%, 2026-05-14), BARCLAYS PLC (4.9%, 2026-05-14), First Trust Capital Management L.P. (3.5%, 2026-02-13), GOLDMAN SACHS GROUP INC (2.8%, 2026-02-09)

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TENOR CAPITAL MANAGEMENT Co., L.P. 0.19% of their portfolio NEW YORK, NY 1,136,3711.1m $12.5m $12.5m 0.19% Unchanged
2 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,088,7721.1m $10.8m $10.8m 0.01% Unchanged
3 Alberta Investment Management Corp 0.07% of their portfolio EDMONTON, A0 980,000980.0k $10.8m $10.8m 0.07% Unchanged
4 First Trust Capital Management L.P. 0.41% of their portfolio CHICAGO, IL 725,310725.3k $7.7m $7.7m 0.41% Unchanged
5 BERKLEY W R CORP 0.38% of their portfolio Greenwich, CT 661,663661.7k $7.1m $7.1m 0.38% Added +495.4k +495,413
6 Empyrean Capital Partners, LP 0.19% of their portfolio LOS ANGELES, CA 540,817540.8k $5.8m $5.8m 0.19% Added +274.7k +274,694
7 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 481,542481.5k $5.3m $5.3m 0.00% Reduced -18.5k -18,458
8 AQR Arbitrage LLC 0.07% of their portfolio Greenwich, CT 425,508425.5k $4.5m $4.5m 0.07% Added +34.9k +34,894
9 Harraden Circle Investments, LLC 0.73% of their portfolio NEW YORK, NY 417,120417.1k $3.6m $3.6m 0.73% Reduced -1.8m -1,751,159
10 RLH Capital LLC 1.12% of their portfolio Great Neck, NY 206,201206.2k $2.2m $2.2m 1.12% First filing
11 Quarry LP 0.42% of their portfolio NEW YORK, NY 193,267193.3k $2.1m $2.1m 0.42% New
12 Crossingbridge Advisors, LLC 0.36% of their portfolio PLEASANTVILLE, NY 187,736187.7k $2.0m $2.0m 0.36% New
13 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 165,904165.9k $1.8m $1.8m 0.01% Reduced -13.3k -13,288
14 Lineage Point Capital LP 0.38% of their portfolio PALM BEACH, FL 143,124143.1k $1.6m $1.6m 0.38% Unchanged
15 Brevan Howard Capital Management LP 0.01% of their portfolio ST. HELIER, Y9 120,000120.0k $1.3m $1.3m 0.01% New
16 Westchester Capital Management, LLC 0.06% of their portfolio VALHALLA, NY 119,938119.9k $1.3m $1.3m 0.06% Unchanged
17 Alyeska Investment Group, L.P. 0.00% of their portfolio CHICAGO, IL 102,020102.0k $1.1m $1.1m 0.00% Reduced -1.9m -1,865,309
18 DELTEC ASSET MANAGEMENT LLC 0.20% of their portfolio New York, NY 100,000100.0k $1.1m $1.1m 0.20% Unchanged
19 UBS Group AG 0.00% of their portfolio ZURICH, V8 50,55350.6k $556.1k $556.1k 0.00% New
20 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 25,22025.2k $277.4k $277.4k 0.00% New
21 PenderFund Capital Management Ltd. 0.04% of their portfolio VANCOUVER, A1 25,00025.0k $275.0k $275.0k 0.04% Unchanged
22 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 24,46024.5k $269.1k $269.1k 0.01% New
23 PRELUDE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 13,50013.5k $148.5k $148.5k 0.01% Unchanged
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7171 $781 $781 0.00% Reduced -9 -9
25 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 33 $32 $32 0.00% Reduced -29.2k -29,152