Vault-13

XPAC ACQUISITION CORP ZLSSF

CLASS A ORD · Common Stock · CUSIP G9831X106

45 institutional holders +0 vs Q1 2023
16,917,66416.9m shares reported held*
$181.4mreported value*
4 new 7 added 11 reduced 4 sold out net sold ≈ $833.1k (-80.4k 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 ≈ $10.72.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 45Q4 22: 42Q1 23: 45Q2 23: 4545Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202245
Q4 202242
Q1 202345
Q2 202345

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 14 bought or addedQ4 22: 13 cut or sold outQ4 22Q1 23: 14 bought or addedQ1 23: 10 cut or sold outQ1 23Q2 23: 11 bought or addedQ2 23: 15 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221413
Q1 20231410
Q2 20231115

Biggest buyers

COWEN AND COMPANY, LLC New +656,472+656.5k
BERKLEY W R CORP Added +503,971+504.0k
KIM, LLC New +445,920+445.9k
Quarry LP New +250,000+250.0k
Meteora Capital, LLC Added +249,218+249.2k
Centiva Capital, LP Added +249,100+249.1k
BANK OF MONTREAL /CAN/ New +181,432+181.4k
Westchester Capital Management, LLC Added +150,889+150.9k
MIZUHO SECURITIES USA LLC Added +38,200+38.2k
Virtu Financial LLC Added +6,109+6.1k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Sold out -772,600-772.6k
MARSHALL WACE, LLP Reduced -606,515-606.5k
Exos TFP Holdings LLC Reduced -349,999-350.0k
Alpine Global Management, LLC Sold out -298,740-298.7k
RPO LLC Reduced -242,097-242.1k
Cowen Investment Management LLC Reduced -165,000-165.0k
BOOTHBAY FUND MANAGEMENT, LLC Reduced -108,944-108.9k
EHP Funds Inc. Reduced -100,000-100.0k
Segantii Capital Management Ltd Sold out -75,000-75.0k
FIR TREE CAPITAL MANAGEMENT LP Reduced -50,740-50.7k

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
METEORA CAPITAL, LLC 13G · institution no change · filed 2025-11-14 5.2% no change 335.0k 2025-11-14

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GLAZER CAPITAL, LLC 1.45% of their portfolio New York, NY 2,106,7532.1m $21.8m $21.8m 1.45% Reduced -1.5k -1,461
2 ARISTEIA CAPITAL, L.L.C. 0.76% of their portfolio GREENWICH, CT 2,104,7762.1m $21.8m $21.8m 0.76% Unchanged
3 BERKLEY W R CORP 0.86% of their portfolio Greenwich, CT 1,373,9831.4m $14.2m $14.2m 0.86% Added +504.0k +503,971
4 Westchester Capital Management, LLC 0.45% of their portfolio VALHALLA, NY 1,244,0331.2m $12.9m $12.9m 0.45% Added +150.9k +150,889
5 COWEN AND COMPANY, LLC 0.56% of their portfolio NEW YORK, NY 656,472656.5k $6.8m $6.8m 0.56% New
6 RPO LLC 6.54% of their portfolio Stamford, CT 620,453620.5k $6.4m $6.4m 6.54% Reduced -242.1k -242,097
7 Spartan Fund Management Inc. 2.96% of their portfolio TORONTO, ONTARIO, Z4 593,293593.3k $12.2m $12.2m 2.96% Added +4.3k +4,312
8 MOORE CAPITAL MANAGEMENT, LP 0.13% of their portfolio NEW YORK, NY 500,000500.0k $5.2m $5.2m 0.13% Unchanged
9 Silver Rock Financial LP 9.79% of their portfolio Los Angeles, CA 489,606489.6k $5.1m $5.1m 9.79% Unchanged
10 KIM, LLC 0.40% of their portfolio WICHITA, KS 445,920445.9k $4.6m $4.6m 0.40% New
11 Radcliffe Capital Management, L.P. 0.39% of their portfolio BALA CYNWYD, PA 442,879442.9k $4.6m $4.6m 0.39% Unchanged
12 Verition Fund Management LLC 0.07% of their portfolio GREENWICH, CT 433,943433.9k $4.5m $4.5m 0.07% Unchanged
13 Meteora Capital, LLC 0.82% of their portfolio Boca Raton, FL 428,032428.0k $4.4m $4.4m 0.82% Added +249.2k +249,218
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 377,539377.5k $3.9m $3.9m 0.00% Unchanged
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 370,000370.0k $3.8m $3.8m 0.00% Unchanged
16 Woodline Partners LP 0.04% of their portfolio San Francisco, CA 354,215354.2k $3.7m $3.7m 0.04% Unchanged
17 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 344,591344.6k $3.6m $3.6m 0.01% Unchanged
18 MMCAP International Inc. SPC 1.17% of their portfolio GRAND CAYMAN, E9 342,000342.0k $3.5m $3.5m 1.17% Unchanged
19 Polar Asset Management Partners Inc. 0.06% of their portfolio TORONTO, A6 300,000300.0k $3.1m $3.1m 0.06% Unchanged
20 Magnetar Financial LLC 0.07% of their portfolio EVANSTON, IL 289,098289.1k $3.0m $3.0m 0.07% Unchanged
21 BOOTHBAY FUND MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 279,204279.2k $2.9m $2.9m 0.09% Reduced -108.9k -108,944
22 MIZUHO SECURITIES USA LLC 0.10% of their portfolio NEW YORK, NY 278,700278.7k $2.9m $2.9m 0.10% Added +38.2k +38,200
23 Centiva Capital, LP 0.15% of their portfolio New York, NY 276,383276.4k $2.9m $2.9m 0.15% Added +249.1k +249,100
24 Quarry LP 1.68% of their portfolio NEW YORK, NY 250,000250.0k $2.6m $2.6m 1.68% New
25 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 205,932205.9k $2.1m $2.1m 0.00% Reduced -606.5k -606,515
26 CAAS CAPITAL MANAGEMENT LP 0.99% of their portfolio NEW YORK, NY 199,584199.6k $2.1m $2.1m 0.99% Unchanged
27 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 181,432181.4k $1.9m $1.9m 0.00% New
28 Exos TFP Holdings LLC 0.81% of their portfolio NEW YORK, NY 158,403158.4k $1.6m $1.6m 0.81% Reduced -350.0k -349,999
29 EHP Funds Inc. 0.44% of their portfolio TORONTO, Z4 150,000150.0k $1.6m $1.6m 0.44% Reduced -100.0k -100,000
30 Cowen Investment Management LLC 0.84% of their portfolio NEW YORK, NY 135,000135.0k $1.4m $1.4m 0.84% Reduced -165.0k -165,000
31 Saba Capital Management, L.P. 0.05% of their portfolio NEW YORK, NY 132,770132.8k $1.4m $1.4m 0.05% Unchanged
32 WHITEBOX ADVISORS LLC 0.06% of their portfolio MINNEAPOLIS, MN 121,447121.4k $1.3m $1.3m 0.06% Unchanged
33 FIR TREE CAPITAL MANAGEMENT LP 0.11% of their portfolio New York, NY 103,829103.8k $1.1m $1.1m 0.11% Reduced -50.7k -50,740
34 Karpus Management, Inc. 0.03% of their portfolio Pittsford, NY 100,000100.0k $1.0m $1.0m 0.03% Unchanged
35 TENOR CAPITAL MANAGEMENT Co., L.P. 0.02% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.02% Unchanged
36 Flow State Investments, L.P. 0.42% of their portfolio CHICAGO, IL 95,44495.4k $988.8k $988.8k 0.42% Reduced -4.6k -4,556
37 Periscope Capital Inc. 0.07% of their portfolio Toronto, A6 86,30086.3k $894.1k $894.1k 0.07% Unchanged
38 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 82,24282.2k $852.0k $852.0k 0.00% Unchanged
39 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 49,99850.0k $518.0k $518.0k 0.00% Unchanged
40 AQR Arbitrage LLC 0.02% of their portfolio Greenwich, CT 43,94043.9k $455.7k $455.7k 0.02% Reduced -1.5k -1,500
41 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 40,28840.3k $417.4k $417.4k 0.00% Unchanged
42 Virtu Financial LLC 0.02% of their portfolio New York, NY 28,16928.2k $292.0k $292.0k 0.02% Added +6.1k +6,109
43 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 913913 $9.5k $9.5k 0.00% Reduced -515 -515
44 Elequin Capital, LP 0.00% of their portfolio NEW YORK, NY 100100 $1.0k $1.0k 0.00% Unchanged
45 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged