WEST ENCLAVE MERGER CORP WENC
ORDINARY SHARES · Common Stock · CUSIP G9600E107
- SectorBlank check (SPAC)
- IndustryBlank Checks
- FilingsSEC EDGAR
* 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. Shares outstanding: 16.0m as of 2026-06-09, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.92.
Biggest buyers
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +900.0k |
| WOLVERINE ASSET MANAGEMENT LLC | New | +649.7k |
| Polar Asset Management Partners Inc. | New | +575.0k |
| AQR Arbitrage LLC | New | +549.1k |
| GLAZER CAPITAL, LLC | New | +489.6k |
| Karpus Management, Inc. | New | +439.3k |
| Linden Advisors LP | New | +400.0k |
| First Trust Capital Management L.P. | New | +350.0k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | New | +314.4k |
| Decagon Asset Management LLP | New | +271.8k |
Biggest sellers
| None |
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.
| Holder | Stake |
|---|---|
WEST ENCLAVE SPONSOR LLC
13D · may seek influence
new · filed 2026-05-12
Stated purposeOn December 17, 2025, the Issuer issued an aggregate of 3,833,333 ordinary shares to Sponsor for an aggregate purchase price of $25,000. Third party designees of the sponsor purchased an aggregate of 147,500 of the private units Sponsor purchased, Jean-Michel Enriquez Dahlhaus, one of the Issuer's independent directors, purchased 5,000 of the private units Sponsor has purchased, and an entity affiliated with Hector Madero Rivero, another of the Issuer's independent directors, has purchased 20,000 of the private units Sponsor purchased, in each case at $10.00 per private unit. Sponsor transferred an aggregate of 1,380,000 ordinary shares of the Issuer (the "founder shares") on the closing of the initial public offering for an aggregate consideration of approximately $9,000, or approximately… Full filing |
16.2% |
| Adage Capital Management, L.P. 13G · institution new · filed 2026-08-12 | 5.6% |
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 4 | — | 2 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-05-06 | Otero Rosiles Adrian Co-Chief Executive Officer, director · See Footnote | Bought | —22.5k shares |
| 2026-05-06 | Mahuad Quijano Emilio Officer, director · See Footnote | Bought | —22.5k shares |
| 2026-05-06 | WEST ENCLAVE SPONSOR LLC 10% owner | Bought | —22.5k shares |
| 2026-05-01 | ENRIQUEZ DAHLHAUS Jean Michel Director | Bought | —45.0k shares |
| 2026-05-01 | Madero Rivero Hector Director · See Footnote | Bought | —180.0k shares |
| 2026-05-01 | Mahuad Quijano Emilio Officer, director · See Footnote | Bought | —127.5k shares |
| 2026-05-01 | Mahuad Quijano Emilio Officer, director · See Footnote | Sold | —1.4m shares |
| 2026-05-01 | Otero Rosiles Adrian Co-Chief Executive Officer, director · See Footnote | Bought | —127.5k shares |
| 2026-05-01 | Otero Rosiles Adrian Co-Chief Executive Officer, director · See Footnote | Sold | —1.4m shares |
| 2026-05-01 | WEST ENCLAVE SPONSOR LLC 10% owner | Bought | —127.5k shares |
| 2026-05-01 | WEST ENCLAVE SPONSOR LLC 10% owner | Sold | —1.4m shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 900.0k $8.9m | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.08% of their portfolio | 649.7k $6.4m | New |
| Polar Asset Management Partners Inc. 0.10% of their portfolio | 575.0k $5.7m | New |
| AQR Arbitrage LLC 0.08% of their portfolio | 549.1k $5.4m | New |
| GLAZER CAPITAL, LLC 0.12% of their portfolio | 489.6k $4.9m | New |
| Karpus Management, Inc. 0.13% of their portfolio | 439.3k $4.4m | New |
| Linden Advisors LP 0.02% of their portfolio | 400.0k $4.0m | New |
| First Trust Capital Management L.P. 0.20% of their portfolio | 350.0k $3.5m | New |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 314.4k $3.1m | New |
| Decagon Asset Management LLP 0.54% of their portfolio | 271.8k $2.7m | New |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 250.0k $2.5m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 200.8k $2.0m | New |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 200.0k $2.0m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 181.2k $1.8m | New |
| Clear Street Group Inc. 0.01% of their portfolio | 169.9k $1.7m | New |
| Meteora Capital, LLC 0.13% of their portfolio | 153.8k $1.5m | New |
| BERKLEY W R CORP 0.07% of their portfolio | 149.1k $1.5m | New |
| Mint Tower Capital Management B.V. 0.15% of their portfolio | 130.0k $1.3m | New |
| HEIGHTS CAPITAL MANAGEMENT, INC 0.29% of their portfolio | 125.0k $1.2m | New |
| Radcliffe Capital Management, L.P. 0.09% of their portfolio | 125.0k $1.2m | New |
| Periscope Capital Inc. 0.20% of their portfolio | 125.0k $1.2m | New |
| Parallax Volatility Advisers, L.P. 0.04% of their portfolio | 109.0k $1.1m | New |
| MOORE CAPITAL MANAGEMENT, LP 0.02% of their portfolio | 100.0k $992.0k | New |
| DLD Asset Management, LP 0.08% of their portfolio | 100.0k $992.0k | New |
| Cable Car Capital, LP 0.04% of their portfolio | 100.0k $992.0k | New |
| Verition Fund Management LLC 0.01% of their portfolio | 91.8k $910.2k | New |
| Shaolin Capital Management LLC 0.05% of their portfolio | 86.0k $852.6k | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 50.0k $496.0k | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio | 28.4k $281.3k | New |
| Logan Stone Capital, LLC 0.03% of their portfolio | 14.0k $138.8k | New |
| MIZUHO SECURITIES USA LLC 0.00% of their portfolio | 10.0k $99.0k | New |
| TrueMark Investments, LLC 0.01% of their portfolio | 10.0k $99.2k | New |
| UBS Group AG 0.00% of their portfolio | 100 $992 | New |