13F QoQ Ownership Changes
BACCU Institutional Holders
Period 2025-12-31 · prior 2025-09-30 · 17 new · 7 added · 31 reduced · 5 exited
New Positions(17)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| SONA ASSET MANAGEMENT (US) LLC | 1,960,185 | +1,960,185 | $20.0M | +$20.0M | — |
| LMR Partners LLP | 1,550,000 | +1,550,000 | $15.8M | +$15.8M | — |
| Alberta Investment Management Corp | 700,000 | +700,000 | $7.1M | +$7.1M | — |
| Davidson Kempner Capital Management LP | 459,832 | +459,832 | $4.7M | +$4.7M | — |
| Lineage Point Capital LP | 431,351 | +431,351 | $4.4M | +$4.4M | — |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | 200,000 | +200,000 | $2.0M | +$2.0M | — |
| READYSTATE ASSET MANAGEMENT LP | 150,000 | +150,000 | $1.5M | +$1.5M | — |
| MYDA Advisors LLC | 74,000 | +74,000 | $755.5K | +$755.5K | — |
| CITADEL ADVISORS LLC | 66,643 | +66,643 | $680.4K | +$680.4K | — |
| JPMORGAN CHASE & CO | 49,889 | +49,889 | $509.4K | +$509.4K | — |
| BOOTHBAY FUND MANAGEMENT, LLC | 45,450 | +45,450 | $464.0K | +$464.0K | — |
| HEIGHTS CAPITAL MANAGEMENT, INC | 33,455 | +33,455 | $341.6K | +$341.6K | — |
| Stoic Point Capital Management LLC | 25,000 | +25,000 | $255.3K | +$255.3K | — |
| METEORA CAPITAL, LLC | 13,279 | +13,279 | $135.6K | +$135.6K | — |
| FNY Investment Advisers, LLC | 99,325 | +99,325 | $1.0K | +$1.0K | — |
| MORGAN STANLEY | 55 | +55 | $562 | +$562 | — |
| HRT FINANCIAL LP | 31,182 | +31,182 | $318 | +$318 | — |
Added To(7)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Karpus Management, Inc. | 652,415 | +317,313 | $6.7M | +$3.3M | 94.7% |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 1,317,152 | +117,152 | $13.4M | +$1.5M | 9.8% |
| Verition Fund Management LLC | 375,000 | +100,000 | $3.8M | +$1.1M | 36.4% |
| Governors Lane LP | 300,000 | +100,000 | $3.1M | +$1.1M | 50.0% |
| Linden Advisors LP | 775,000 | +50,000 | $7.9M | +$666.4K | 6.9% |
| Radcliffe Capital Management, L.P. | 524,100 | +44,880 | $5.4M | +$561.3K | 9.4% |
| TORONTO DOMINION BANK | 300,500 | +6,100 | $3.1M | +$125.6K | 2.1% |
Reduced(31)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Westchester Capital Management, LLC | 247,210 | -1,002,790 | $2.5M | -$10.0M | -80.2% |
| Schonfeld Strategic Advisors LLC | 91,620 | -408,380 | $935.4K | -$4.1M | -81.7% |
| WOLVERINE ASSET MANAGEMENT LLC | 980 | -292,842 | $10.0K | -$2.9M | -99.7% |
| BERKLEY W R CORP | 314,222 | -227,837 | $3.2M | -$2.2M | -42.0% |
| PICTON MAHONEY ASSET MANAGEMENT | 192,587 | -57,413 | $2.0M | +$2.0M | -23.0% |
| Clear Street Group Inc. | 195,488 | -165,900 | $2.0M | -$1.6M | -45.9% |
| Shaolin Capital Management LLC | 197,246 | -122,754 | $2.0M | -$1.2M | -38.4% |
| Periscope Capital Inc. | 250,000 | -100,000 | $2.6M | -$945.8K | -28.6% |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 346,469 | -100,000 | $3.5M | -$925.0K | -22.4% |
| DLD Asset Management, LP | 31,266 | -168,734 | $319.2K | -$696.4K | -84.4% |
| MILLENNIUM MANAGEMENT LLC | 381,638 | -58,362 | $3.9M | -$501.3K | -13.3% |
| Magnetar Financial LLC | 1,198,763 | -1,237 | $12.2M | +$245.4K | -0.1% |
| D. E. Shaw & Co., Inc. | 988,054 | 0 | $10.1M | +$212.4K | 0.0% |
| TWO SIGMA INVESTMENTS, LP | 634,375 | 0 | $6.5M | +$136.4K | 0.0% |
| AQR Arbitrage LLC | 509,511 | -22,650 | $5.2M | -$116.8K | -4.3% |
| Bulldog Investors, LLP | 291,605 | -15,286 | $3.0M | -$90.1K | -5.0% |
| MOORE CAPITAL MANAGEMENT, LP | 400,000 | 0 | $4.1M | +$86.0K | 0.0% |
| Polar Asset Management Partners Inc. | 300,000 | 0 | $3.1M | +$64.5K | 0.0% |
| Centiva Capital, LP | 300,000 | 0 | $3.1M | +$64.5K | 0.0% |
| MMCAP International Inc. SPC | 250,000 | 0 | $2.6M | +$53.8K | 0.0% |
| ARISTEIA CAPITAL, L.L.C. | 200,000 | 0 | $2.0M | +$43.0K | 0.0% |
| BNP PARIBAS FINANCIAL MARKETS | 160,401 | -7,438 | $1.6M | -$39.9K | -4.4% |
| WHITEBOX ADVISORS LLC | 175,000 | 0 | $1.8M | +$37.6K | 0.0% |
| Context Capital Management, LLC | 100,000 | 0 | $1.0M | +$21.5K | 0.0% |
| DELTEC ASSET MANAGEMENT LLC | 20,000 | 0 | $204.2K | +$4.3K | 0.0% |
| PRELUDE CAPITAL MANAGEMENT, LLC | 10,000 | 0 | $102.1K | +$2.1K | 0.0% |
| Virtu Financial LLC | 66,369 | -79,585 | $678 | -$781 | -54.5% |
| GLAZER CAPITAL, LLC | 416,685 | -66,515 | $4.3K | -$576 | -13.8% |
| Mint Tower Capital Management B.V. | 200,000 | 0 | $2.0K | +$43 | 0.0% |
| CANTOR FITZGERALD, L. P. | 90,169 | 0 | $901.2K | $0 | 0.0% |
| Hudson Bay Capital Management LP | 375,000 | 0 | $3.7M | $0 | 0.0% |
Sold Out(5)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 0 | -400,000 | $0 | -$4.0M | — |
| First Trust Capital Management L.P. | 0 | -212,216 | $0 | -$2.1M | — |
| MIZUHO SECURITIES USA LLC | 0 | -99,900 | $0 | -$997.0K | — |
| StoneX Group Inc. | 0 | -50,000 | $0 | -$499.8K | — |
| Royal Bank of Canada | 0 | -13,790 | $0 | -$138.0K | — |