New Positions
3 managers initiated
Top five by reported value
Borealis Foods Inc. NCM:BRLSW
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
3 new2 added15 reduced3 exited
Total Institutional Holders
20
as of 2025-12-31
Top Holder
ARISTEIA CAPITAL LLC
$46.0K
Largest QoQ Increase
Clear Street Group Inc.
+264,900 sh
Largest QoQ Decrease
Hartree Partners, LP
-1,152,000 sh
New Positions(3)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| UBS OCONNOR LLC | 70,030 | +70,030 | $3.8K | +$3.8K | — |
| UBS Group AG | 4,933 | +4,933 | $247 | +$247 | — |
| Virtu Financial LLC | 37,250 | +37,250 | $2 | +$2 | — |
Added To(2)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| ARISTEIA CAPITAL LLC | 841,050 | +150,000 | $46.0K | -$6.0K | 21.7% |
| Clear Street Group Inc. | 670,318 | +264,900 | $33.6K | +$2.6K | 65.3% |
Reduced(15)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| WOLVERINE ASSET MANAGEMENT LLC | 235,639 | -24,948 | $11.8K | -$8.1K | -9.6% |
| D. E. Shaw & Co., Inc. | 300,000 | 0 | $15.0K | -$8.0K | 0.0% |
| Yakira Capital Management, Inc. | 241,490 | 0 | $12.1K | -$6.4K | 0.0% |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 235,753 | 0 | $11.8K | -$6.2K | 0.0% |
| 683 Capital Management, LLC | 200,000 | 0 | $10.0K | -$5.3K | 0.0% |
| Saba Capital Management, L.P. | 166,894 | 0 | $8.4K | -$4.2K | 0.0% |
| WHITEBOX ADVISORS LLC | 148,800 | 0 | $7.5K | -$3.9K | 0.0% |
| PICTON MAHONEY ASSET MANAGEMENT | 75,000 | 0 | $3.8K | +$3.8K | 0.0% |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 100,000 | 0 | $5.0K | -$2.6K | 0.0% |
| MILLENNIUM MANAGEMENT LLC | 85,828 | 0 | $4.3K | -$2.3K | 0.0% |
| Context Capital Management, LLC | 75,340 | 0 | $3.8K | -$2.0K | 0.0% |
| Ionic Capital Management LLC | 70,000 | 0 | $3.5K | -$1.8K | 0.0% |
| MARINER INVESTMENT GROUP LLC | 23,300 | 0 | $1.2K | -$615 | 0.0% |
| Q Global Advisors, LLC | 224,685 | 0 | $11 | -$6 | 0.0% |
| Tower Research Capital LLC (TRC) | 274 | 0 | $14 | -$6 | 0.0% |
Sold Out(3)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Hartree Partners, LP | 0 | -1,152,000 | $0 | -$115.2K | — |
| Shaolin Capital Management LLC | 0 | -149,620 | $0 | -$11.4K | — |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0 | -39,449 | $0 | -$3.0K | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| ARISTEIA CAPITAL LLC | 841,050 | $46.0K | +150,000 | 21.7% |
| Clear Street Group Inc. | 670,318 | $33.6K | +264,900 | 65.3% |
| D. E. Shaw & Co., Inc. | 300,000 | $15.0K | 0 | 0.0% |
| Yakira Capital Management, Inc. | 241,490 | $12.1K | 0 | 0.0% |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 235,753 | $11.8K | 0 | 0.0% |
| WOLVERINE ASSET MANAGEMENT LLC | 235,639 | $11.8K | -24,948 | -9.6% |
| 683 Capital Management, LLC | 200,000 | $10.0K | 0 | 0.0% |
| Saba Capital Management, L.P. | 166,894 | $8.4K | 0 | 0.0% |
| WHITEBOX ADVISORS LLC | 148,800 | $7.5K | 0 | 0.0% |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 100,000 | $5.0K | 0 | 0.0% |
| MILLENNIUM MANAGEMENT LLC | 85,828 | $4.3K | 0 | 0.0% |
| UBS OCONNOR LLC | 70,030 | $3.8K | +70,030 | — |
| Context Capital Management, LLC | 75,340 | $3.8K | 0 | 0.0% |
| PICTON MAHONEY ASSET MANAGEMENT | 75,000 | $3.8K | 0 | 0.0% |
| Ionic Capital Management LLC | 70,000 | $3.5K | 0 | 0.0% |
| MARINER INVESTMENT GROUP LLC | 23,300 | $1.2K | 0 | 0.0% |
| UBS Group AG | 4,933 | $247 | +4,933 | — |
| Tower Research Capital LLC (TRC) | 274 | $14 | 0 | 0.0% |
| Q Global Advisors, LLC | 224,685 | $11 | 0 | 0.0% |
| Virtu Financial LLC | 37,250 | $2 | +37,250 | — |
New & Closed Positions this quarter
Closed Positions
3 managers exited
Top five by prior-quarter value
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for BRLSW against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.