HCM III ACQUISITION CORP. - HCMA
Detailed investor-level table based on 13F positions.
Methodology:
Market value and % of portfolio use SEC reported VALUE ($000).
For PUT/CALL positions this reflects reported underlying exposure, not premium cash paid/received.
Details.
Rows: 0
| Investor | History | Status | Shares held | Market value ($000) | % of portfolio | Previous % | Rank | Change in shares | % change in shares | Source | Date reported |
|---|---|---|---|---|---|---|---|---|---|---|---|
| METEORA CAPITAL, LLC | History | Reduced | 1,451,075 | 14,568 | 1.22% | 1.76% | 1 | -157,724 | -9.8% | Q4 2025 | Feb 17, 2026 |
| LINDEN ADVISORS LP | History | Added to | 1,200,000 | 12,072 | 0.07% | 0.07% | 2 | +200,000 | 20.0% | Q4 2025 | Feb 17, 2026 |
| LMR Partners LLP | History | No change | 1,050,000 | 10,542 | 0.02% | 0.05% | 3 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | History | No change | 1,000,000 | 10,060 | 0.32% | 0.44% | 4 | 0 | 0.0% | Q4 2025 | Feb 11, 2026 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | History | No change | 1,000,000 | 10,060 | 0.02% | 0.02% | 5 | 0 | 0.0% | Q4 2025 | Feb 13, 2026 |
| Magnetar Financial LLC | History | Reduced | 999,990 | 10,059 | 0.1% | 0.06% | 6 | -10 | -0.0% | Q4 2025 | Feb 17, 2026 |
| Governors Lane LP | History | Added to | 1,000,000 | 10,040 | 0.6% | 0.62% | 9 | +200,000 | 25.0% | Q4 2025 | Feb 17, 2026 |
| MMCAP International Inc. SPC | History | No change | 1,000,000 | 10,040 | 1.0% | 1.2% | 7 | 0 | 0.0% | Q4 2025 | Feb 09, 2026 |
| TENOR CAPITAL MANAGEMENT Co., L.P. | History | No change | 1,000,000 | 10,040 | 0.14% | 0.13% | 8 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| Saba Capital Management, L.P. | History | No change | 949,650 | 9,534 | 0.28% | 0.26% | 10 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| Verition Fund Management LLC | History | Reduced | 941,727 | 9,473 | 0.04% | 0.05% | 11 | -208,473 | -18.12% | Q4 2025 | Feb 13, 2026 |
| TWO SIGMA INVESTMENTS, LP | History | No change | 797,500 | 8,006 | 0.01% | 0.01% | 12 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| Mint Tower Capital Management B.V. | History | No change | 750,000 | 7,530 | 0.87% | 0.92% | 13 | 0 | 0.0% | Q4 2025 | Feb 12, 2026 |
| Radcliffe Capital Management, L.P. | History | Added to | 700,000 | 7,028 | 0.38% | 0.36% | 14 | +125,000 | 21.74% | Q4 2025 | Feb 17, 2026 |
| TORONTO DOMINION BANK | History | Added to | 612,598 | 6,236 | 0.01% | 0.01% | 15 | +48,200 | 8.54% | Q4 2025 | Feb 17, 2026 |
| HGC Investment Management Inc. | History | Reduced | 600,000 | 6,024 | 1.28% | 1.97% | 16 | -200,000 | -25.0% | Q4 2025 | Feb 17, 2026 |
| Alberta Investment Management Corp | History | No change | 550,000 | 5,533 | 0.03% | 0.04% | 17 | 0 | 0.0% | Q4 2025 | Feb 19, 2026 |
| MIZUHO SECURITIES USA LLC | History | Added to | 521,090 | 5,264 | 0.09% | 0.03% | 18 | +246,090 | 89.49% | Q4 2025 | Feb 09, 2026 |
| Polar Asset Management Partners Inc. | History | New | 500,000 | 5,142 | 0.07% | — | 19 | +500,000 | New | Q4 2025 | Feb 17, 2026 |
| Context Capital Management, LLC | History | No change | 500,000 | 5,020 | 0.13% | 0.16% | 20 | 0 | 0.0% | Q4 2025 | Feb 13, 2026 |
| PERISCOPE CAPITAL INC. | History | No change | 500,000 | 5,020 | 0.57% | 0.82% | 21 | 0 | 0.0% | Q4 2025 | Feb 10, 2026 |
| PICTON MAHONEY ASSET MANAGEMENT | History | Reduced | 499,995 | 5,019 | 0.04% | 0.05% | 23 | -5 | -0.0% | Q4 2025 | Feb 11, 2026 |
| PEAK6 LLC | History | No change | 499,999 | 5,019 | 0.01% | 0.01% | 22 | 0 | 0.0% | Q4 2025 | Mar 12, 2026 |
| MILLENNIUM MANAGEMENT LLC | History | Reduced | 440,750 | 4,425 | 0.0% | 0.0% | 24 | -8,250 | -1.84% | Q4 2025 | Feb 17, 2026 |
| Harraden Circle Investments, LLC | History | Reduced | 423,280 | 4,249 | 0.78% | 1.76% | 25 | -472,721 | -52.76% | Q4 2025 | Feb 13, 2026 |
| AQR Arbitrage LLC | History | Reduced | 379,387 | 3,816 | 0.08% | 0.1% | 26 | -13 | -0.0% | Q4 2025 | Feb 17, 2026 |
| Clear Street Group Inc. | History | Added to | 367,649 | 3,722 | 0.01% | 0.01% | 27 | +36,012 | 10.86% | Q4 2025 | Feb 13, 2026 |
| WOLVERINE ASSET MANAGEMENT LLC | History | Reduced | 355,174 | 3,565 | 0.03% | 0.03% | 28 | -53,652 | -13.12% | Q4 2025 | Feb 02, 2026 |
| GLAZER CAPITAL, LLC | History | Added to | 317,835 | 3,191 | 0.08% | 0.1% | 29 | +17,835 | 5.95% | Q4 2025 | Feb 13, 2026 |
| BOOTHBAY FUND MANAGEMENT, LLC | History | Reduced | 294,506 | 2,956 | 0.04% | 0.05% | 30 | -29,292 | -9.05% | Q4 2025 | Feb 17, 2026 |
| BERKLEY W R CORP | History | Added to | 288,927 | 2,900 | 0.14% | 0.15% | 31 | +23,628 | 8.91% | Q4 2025 | Feb 13, 2026 |
| Shaolin Capital Management LLC | History | Reduced | 250,000 | 2,510 | 0.08% | 0.16% | 32 | -120,417 | -32.51% | Q4 2025 | Feb 17, 2026 |
| K2 PRINCIPAL FUND, L.P. | History | Reduced | 234,602 | 2,355 | 0.19% | 0.25% | 33 | -65,398 | -21.8% | Q4 2025 | Feb 13, 2026 |
| DLD Asset Management, LP | History | Added to | 210,000 | 2,108 | 0.16% | 0.01% | 34 | +199,700 | 1938.83% | Q4 2025 | Feb 13, 2026 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | History | No change | 200,000 | 2,057 | 0.1% | 0.12% | 35 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | History | New | 199,998 | 2,007 | 0.01% | — | 36 | +199,998 | New | Q4 2025 | Feb 10, 2026 |
| Waratah Capital Advisors Ltd. | History | Added to | 143,724 | 1,478 | 0.05% | 0.03% | 37 | +560 | 0.39% | Q4 2025 | Feb 09, 2026 |
| Virtu Financial LLC | History | New | 134,833 | 1,356 | 0.05% | — | 38 | +134,833 | New | Q4 2025 | Feb 23, 2026 |
| BNP PARIBAS FINANCIAL MARKETS | History | No change | 120,600 | 1,213 | 0.0% | 0.0% | 39 | 0 | 0.0% | Q4 2025 | Feb 10, 2026 |
| STEADFAST CAPITAL MANAGEMENT LP | History | No change | 100,000 | 1,028 | 0.02% | 0.02% | 40 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| Jain Global LLC | History | Reduced | 98,791 | 1,011 | 0.0% | 0.0% | 41 | -1,209 | -1.21% | Q4 2025 | Feb 17, 2026 |
| HBK INVESTMENTS L P | History | No change | 100,002 | 1,004 | 0.01% | 0.01% | 42 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| WHITEBOX ADVISORS LLC | History | No change | 100,000 | 1,004 | 0.01% | 0.02% | 43 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| MOORE CAPITAL MANAGEMENT, LP | History | No change | 100,000 | 1,004 | 0.01% | 0.01% | 44 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| Wealthspring Capital LLC | History | Reduced | 92,900 | 955 | 0.23% | 0.25% | 45 | -7,100 | -7.1% | Q4 2025 | Feb 05, 2026 |
| SONA ASSET MANAGEMENT (US) LLC | History | No change | 50,000 | 514 | 0.01% | 0.01% | 46 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| HRT FINANCIAL LP | History | Added to | 50,002 | 512 | 0.0% | 0.0% | 48 | +1,385 | 2.85% | Q4 2025 | Feb 12, 2026 |
| OMERS ADMINISTRATION Corp | History | No change | 50,000 | 512 | 0.0% | 0.0% | 47 | 0 | 0.0% | Q4 2025 | Feb 13, 2026 |
| Walleye Capital LLC | History | No change | 50,000 | 512 | 0.0% | 0.0% | 49 | 0 | 0.0% | Q4 2025 | Feb 13, 2026 |
| DRIEHAUS CAPITAL MANAGEMENT LLC | History | No change | 50,000 | 503 | 0.0% | 0.0% | 50 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| Hudson Bay Capital Management LP | History | No change | 50,000 | 503 | 0.0% | 0.0% | 51 | 0 | 0.0% | Q4 2025 | Feb 13, 2026 |
| GRITSTONE ASSET MANAGEMENT LLC | History | No change | 50,000 | 502 | 0.48% | 0.53% | 52 | 0 | 0.0% | Q4 2025 | Jan 23, 2026 |
| UBS Group AG | History | Added to | 38,678 | 388 | 0.0% | 0.0% | 53 | +38,314 | 10525.82% | Q4 2025 | Jan 29, 2026 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | History | New | 27,210 | 273 | 0.0% | — | 54 | +27,210 | New | Q4 2025 | Feb 17, 2026 |
| Westchester Capital Management, LLC | History | No change | 25,000 | 256 | 0.01% | 0.01% | 55 | 0 | 0.0% | Q4 2025 | Feb 13, 2026 |
| ARISTEIA CAPITAL, L.L.C. | History | No change | 25,000 | 251 | 0.01% | 0.01% | 56 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| DAVIDSON KEMPNER CAPITAL MANAGEMENT LP | History | No change | 25,000 | 251 | 0.0% | 0.09% | 57 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| Ghisallo Capital Management LLC | History | No change | 25,000 | 251 | 0.01% | 0.01% | 58 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| JPMORGAN CHASE & CO | History | No change | 24,813 | 249 | 0.0% | 0.0% | 59 | 0 | 0.0% | Q4 2025 | Feb 11, 2026 |
| ABC ARBITRAGE SA | History | New | 20,000 | 200 | 0.02% | — | 60 | +20,000 | New | Q4 2025 | Feb 04, 2026 |
| Rangeley Capital, LLC | History | Added to | 14,046 | 141 | 0.12% | 0.11% | 61 | +1,516 | 12.1% | Q4 2025 | Feb 17, 2026 |
| READYSTATE ASSET MANAGEMENT LP | History | No change | 10,000 | 102 | 0.0% | 0.0% | 62 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| Fort Baker Capital Management LP | History | No change | 10,000 | 100 | 0.01% | 0.02% | 63 | 0 | 0.0% | Q4 2025 | Feb 17, 2026 |
| PenderFund Capital Management Ltd. | History | Added to | 7,200 | 72 | 0.01% | 0.0% | 64 | +6,200 | 620.0% | Q4 2025 | Feb 17, 2026 |
| ROYAL BANK OF CANADA | History | New | 3,500 | 35 | 0.0% | — | 65 | +3,500 | New | Q4 2025 | Feb 17, 2026 |
| KRYGER CAPITAL Ltd | History | New | 3,080 | 31 | 0.0% | — | 66 | +3,080 | New | Q4 2025 | Feb 17, 2026 |
| FNY Investment Advisers, LLC | History | Added to | 2,100 | 21 | 0.01% | 0.0% | 67 | +1,318 | 168.54% | Q4 2025 | Jan 16, 2026 |
| HighTower Advisors, LLC | History | Closed out | 0 | 0 | — | 0.0% | — | -132,517 | -100.0% | Q3 2025 | Nov 07, 2025 |
| StoneX Group Inc. | History | Closed out | 0 | 0 | — | 0.02% | — | -50,000 | -100.0% | Q3 2025 | Nov 14, 2025 |
| Galaxy Group Investments LLC | History | Closed out | 0 | 0 | — | 0.02% | — | -44,900 | -100.0% | Q3 2025 | Mar 23, 2026 |
| HEIGHTS CAPITAL MANAGEMENT, INC | History | Closed out | 0 | 0 | — | 0.11% | — | -36,855 | -100.0% | Q3 2025 | Nov 18, 2025 |
| BCK CAPITAL MANAGEMENT LP | History | Closed out | 0 | 0 | — | 0.36% | — | -32,459 | -100.0% | Q3 2025 | Nov 10, 2025 |
| MORGAN STANLEY | History | New | 67 | 0 | — | — | — | +67 | New | Q4 2025 | Feb 13, 2026 |