Vault-13

WEST ENCLAVE MERGER CORP WENC

ORDINARY SHARES · Common Stock · CUSIP G9600E107

33 institutional holders
7,448,0327.4m shares reported held*
46.4% of all shares outstanding*
$73.9mreported value*

* 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 +900,000+900.0k
WOLVERINE ASSET MANAGEMENT LLC New +649,651+649.7k
Polar Asset Management Partners Inc. New +575,000+575.0k
AQR Arbitrage LLC New +549,150+549.1k
GLAZER CAPITAL, LLC New +489,619+489.6k
Karpus Management, Inc. New +439,253+439.3k
Linden Advisors LP New +400,000+400.0k
First Trust Capital Management L.P. New +350,000+350.0k
HIGHBRIDGE CAPITAL MANAGEMENT LLC New +314,450+314.4k
Decagon Asset Management LLP New +271,780+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.

HolderStakeChangeShares Last filed
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% new 2.6m≈ $25.8m 2026-05-12
Adage Capital Management, L.P. 13G · institution new · filed 2026-08-12 5.6% new 900.0k≈ $8.9m 2026-08-12

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)

BuyingSelling
404Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 4 buyingQ2 26: 2 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20264—2——
Q3 20260—0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-05-06 Otero Rosiles Adrian Co-Chief Executive Officer, director · See Footnote Bought 22,500 — —22.5k shares +1%
2026-05-06 Mahuad Quijano Emilio Officer, director · See Footnote Bought 22,500 — —22.5k shares +1%
2026-05-06 WEST ENCLAVE SPONSOR LLC 10% owner Bought 22,500 — —22.5k shares +1%
2026-05-01 ENRIQUEZ DAHLHAUS Jean Michel Director Bought 45,000 — —45.0k shares new
2026-05-01 Madero Rivero Hector Director · See Footnote Bought 180,000 — —180.0k shares new
2026-05-01 Mahuad Quijano Emilio Officer, director · See Footnote Bought 127,500 — —127.5k shares +3%
2026-05-01 Mahuad Quijano Emilio Officer, director · See Footnote Sold 1,380,000 — —1.4m shares -35%
2026-05-01 Otero Rosiles Adrian Co-Chief Executive Officer, director · See Footnote Bought 127,500 — —127.5k shares +3%
2026-05-01 Otero Rosiles Adrian Co-Chief Executive Officer, director · See Footnote Sold 1,380,000 — —1.4m shares -35%
2026-05-01 WEST ENCLAVE SPONSOR LLC 10% owner Bought 127,500 — —127.5k shares +3%
2026-05-01 WEST ENCLAVE SPONSOR LLC 10% owner Sold 1,380,000 — —1.4m shares -35%

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio Boston, MA 900,000900.0k $8.9m $8.9m 0.01% New
2 WOLVERINE ASSET MANAGEMENT LLC 0.08% of their portfolio CHICAGO, IL 649,651649.7k $6.4m $6.4m 0.08% New
3 Polar Asset Management Partners Inc. 0.10% of their portfolio TORONTO, A6 575,000575.0k $5.7m $5.7m 0.10% New
4 AQR Arbitrage LLC 0.08% of their portfolio Greenwich, CT 549,150549.1k $5.4m $5.4m 0.08% New
5 GLAZER CAPITAL, LLC 0.12% of their portfolio New York, NY 489,619489.6k $4.9m $4.9m 0.12% New
6 Karpus Management, Inc. 0.13% of their portfolio Pittsford, NY 439,253439.3k $4.4m $4.4m 0.13% New
7 Linden Advisors LP 0.02% of their portfolio New York, NY 400,000400.0k $4.0m $4.0m 0.02% New
8 First Trust Capital Management L.P. 0.20% of their portfolio CHICAGO, IL 350,000350.0k $3.5m $3.5m 0.20% New
9 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 314,450314.4k $3.1m $3.1m 0.11% New
10 Decagon Asset Management LLP 0.54% of their portfolio LONDON, X0 271,780271.8k $2.7m $2.7m 0.54% New
11 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.12% of their portfolio WEST PALM BEACH, FL 250,000250.0k $2.5m $2.5m 0.12% New
12 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 200,850200.8k $2.0m $2.0m 0.00% New
13 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 200,000200.0k $2.0m $2.0m 0.01% New
14 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 181,250181.2k $1.8m $1.8m 0.00% New
15 Clear Street Group Inc. 0.01% of their portfolio NEW YORK, NY 169,884169.9k $1.7m $1.7m 0.01% New
16 Meteora Capital, LLC 0.13% of their portfolio Boca Raton, FL 153,817153.8k $1.5m $1.5m 0.13% New
17 BERKLEY W R CORP 0.07% of their portfolio Greenwich, CT 149,130149.1k $1.5m $1.5m 0.07% New
18 Mint Tower Capital Management B.V. 0.15% of their portfolio AMSTERDAM, P7 130,000130.0k $1.3m $1.3m 0.15% New
19 HEIGHTS CAPITAL MANAGEMENT, INC 0.29% of their portfolio SAN FRANCISCO, CA 125,000125.0k $1.2m $1.2m 0.29% New
20 Radcliffe Capital Management, L.P. 0.09% of their portfolio BALA CYNWYD, PA 125,000125.0k $1.2m $1.2m 0.09% New
21 Periscope Capital Inc. 0.20% of their portfolio Toronto, A6 125,000125.0k $1.2m $1.2m 0.20% New
22 Parallax Volatility Advisers, L.P. 0.04% of their portfolio San Francisco, CA 109,048109.0k $1.1m $1.1m 0.04% New
23 MOORE CAPITAL MANAGEMENT, LP 0.02% of their portfolio NEW YORK, NY 100,000100.0k $992.0k $992.0k 0.02% New
24 DLD Asset Management, LP 0.08% of their portfolio NEW YORK, NY 100,000100.0k $992.0k $992.0k 0.08% New
25 Cable Car Capital, LP 0.04% of their portfolio SAN FRANCISCO, CA 100,000100.0k $992.0k $992.0k 0.04% New
26 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 91,75191.8k $910.2k $910.2k 0.01% New
27 Shaolin Capital Management LLC 0.05% of their portfolio Miami, FL 85,95086.0k $852.6k $852.6k 0.05% New
28 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 50,00050.0k $496.0k $496.0k 0.00% New
29 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 28,35228.4k $281.3k $281.3k 0.01% New
30 Logan Stone Capital, LLC 0.03% of their portfolio CHICAGO, IL 13,99714.0k $138.8k $138.8k 0.03% New
31 MIZUHO SECURITIES USA LLC 0.00% of their portfolio NEW YORK, NY 10,00010.0k $99.0k $99.0k 0.00% New
32 TrueMark Investments, LLC 0.01% of their portfolio CHICAGO, IL 10,00010.0k $99.2k $99.2k 0.01% New
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 100100 $992 $992 0.00% New