Vault-13

XPAC ACQUISITION CORP ZLSSF

CLASS A ORD · Common Stock · CUSIP G9831X106

28 institutional holders -1 vs Q1 2024
5,867,3615.9m shares reported held*
$64.2mreported value*
4 new 6 added 5 reduced 5 sold out net sold ≈ $6.0m (-543.5k 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 ≈ $10.95.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 45Q4 22: 42Q1 23: 45Q2 23: 45Q3 23: 25Q4 23: 26Q1 24: 29Q2 24: 2828Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202245
Q4 202242
Q1 202345
Q2 202345
Q3 202325
Q4 202326
Q1 202429
Q2 202428

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 14 bought or addedQ4 22: 13 cut or sold outQ4 22Q1 23: 14 bought or addedQ1 23: 10 cut or sold outQ2 23: 11 bought or addedQ2 23: 15 cut or sold outQ2 23Q3 23: 7 bought or addedQ3 23: 35 cut or sold outQ4 23: 9 bought or addedQ4 23: 5 cut or sold outQ4 23Q1 24: 11 bought or addedQ1 24: 7 cut or sold outQ2 24: 10 bought or addedQ2 24: 10 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221413
Q1 20231410
Q2 20231115
Q3 2023735
Q4 202395
Q1 2024117
Q2 20241010

Biggest buyers

Westchester Capital Management, LLC New +154,608+154.6k
Quarry LP Added +149,977+150.0k
BERKLEY W R CORP Added +51,631+51.6k
Warberg Asset Management LLC New +23,698+23.7k
Exos Asset Management LLC Added +20,000+20.0k
HRT FINANCIAL LP New +15,897+15.9k
Virtu Financial LLC New +12,261+12.3k
CLEAR STREET LLC Added +11,282+11.3k
MIZUHO SECURITIES USA LLC Added +1,678+1.7k
Tower Research Capital LLC (TRC) Added +162+162

Biggest sellers

First Trust Capital Management L.P. Sold out -644,000-644.0k
Crystalline Management Inc. Sold out -111,731-111.7k
Meteora Capital, LLC Reduced -80,164-80.2k
Periscope Capital Inc. Reduced -50,000-50.0k
FIR TREE CAPITAL MANAGEMENT LP Reduced -48,250-48.2k
StoneX Group Inc. Sold out -14,569-14.6k
K2 PRINCIPAL FUND, L.P. Sold out -13,849-13.8k
COWEN AND COMPANY, LLC Reduced -12,752-12.8k
GLAZER CAPITAL, LLC Reduced -9,316-9.3k
UBS Group AG Sold out -50-50

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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BERKLEY W R CORP 0.37% of their portfolio Greenwich, CT 597,009597.0k $6.5m $6.5m 0.37% Added +51.6k +51,631
2 GLAZER CAPITAL, LLC 0.48% of their portfolio New York, NY 563,871563.9k $6.2m $6.2m 0.48% Reduced -9.3k -9,316
3 MIZUHO SECURITIES USA LLC 0.13% of their portfolio NEW YORK, NY 520,500520.5k $5.7m $5.7m 0.13% Added +1.7k +1,678
4 COWEN AND COMPANY, LLC 0.14% of their portfolio NEW YORK, NY 455,848455.8k $5.0m $5.0m 0.14% Reduced -12.8k -12,752
5 Periscope Capital Inc. 1.80% of their portfolio Toronto, A6 450,000450.0k $4.9m $4.9m 1.80% Reduced -50.0k -50,000
6 Meteora Capital, LLC 0.71% of their portfolio Boca Raton, FL 347,868347.9k $3.8m $3.8m 0.71% Reduced -80.2k -80,164
7 Exos Asset Management LLC 4.02% of their portfolio NEW YORK, NY 320,000320.0k $3.5m $3.5m 4.02% Added +20.0k +20,000
8 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 308,000308.0k $3.4m $3.4m 0.00% Unchanged
9 FIR TREE CAPITAL MANAGEMENT LP 2.32% of their portfolio New York, NY 300,000300.0k $3.3m $3.3m 2.32% Reduced -48.2k -48,250
10 Centiva Capital, LP 0.14% of their portfolio New York, NY 272,211272.2k $3.0m $3.0m 0.14% Unchanged
11 Radcliffe Capital Management, L.P. 0.48% of their portfolio BALA CYNWYD, PA 225,023225.0k $2.5m $2.5m 0.48% Unchanged
12 PICTON MAHONEY ASSET MANAGEMENT 0.09% of their portfolio Toronto, A6 195,920195.9k $2.1m $2.1m 0.09% Unchanged
13 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 192,735192.7k $2.1m $2.1m 0.02% Unchanged
14 Quarry LP 0.43% of their portfolio NEW YORK, NY 190,350190.3k $2.1m $2.1m 0.43% Added +150.0k +149,977
15 Spartan Fund Management Inc. 5.84% of their portfolio TORONTO, ONTARIO, Z4 189,950189.9k $2.1m $2.1m 5.84% Unchanged
16 Westchester Capital Management, LLC 0.07% of their portfolio VALHALLA, NY 154,608154.6k $1.7m $1.7m 0.07% New
17 Polar Asset Management Partners Inc. 0.04% of their portfolio TORONTO, A6 150,000150.0k $1.6m $1.6m 0.04% Unchanged
18 TENOR CAPITAL MANAGEMENT Co., L.P. 0.02% of their portfolio NEW YORK, NY 100,000100.0k $1.1m $1.1m 0.02% Unchanged
19 MOORE CAPITAL MANAGEMENT, LP 0.02% of their portfolio NEW YORK, NY 100,000100.0k $1.1m $1.1m 0.02% Unchanged
20 BCK CAPITAL MANAGEMENT LP 0.53% of their portfolio STAMFORD, CT 74,26874.3k $814.0k $814.0k 0.53% Unchanged
21 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 43,94043.9k $481.1k $481.1k 0.01% Unchanged
22 CLEAR STREET LLC 0.01% of their portfolio NEW YORK, NY 35,69135.7k $391.2k $391.2k 0.01% Added +11.3k +11,282
23 Karpus Management, Inc. 0.01% of their portfolio Pittsford, NY 27,50027.5k $301.4k $301.4k 0.01% Unchanged
24 Warberg Asset Management LLC 0.07% of their portfolio WINNETKA, IL 23,69823.7k $259.7k $259.7k 0.07% New
25 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 15,89715.9k $174.0k $174.0k 0.00% New
26 Virtu Financial LLC 0.01% of their portfolio New York, NY 12,26112.3k $134.0k $134.0k 0.01% New
27 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 213213 $2.3k $2.3k 0.00% Added +162 +162
28 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged