Who owns Graf Global (GRAF)
Which tracked institutional funds hold GRAF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GRAF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on GRAF is one-sided between 2026-Q1 and 2026-Q2: 5 added or opened and 27 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
GRAF’s largest tracked holder by dollar value, ATW SPAC MANAGEMENT LLC, sizes it at 3.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in GRAF divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 46 tracked filers holding GRAF, 10 increased or opened the position and 49 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in GRAF between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
Full exits 12
- TENOR CAPITAL MANAGEMENT Co., L.P.$32M
- JPMORGAN CHASE & CO$16M
- HIGHBRIDGE CAPITAL MANAGEMENT LLC$16M
- SONA ASSET MANAGEMENT (US) LLC$6M
- WOLVERINE ASSET MANAGEMENT LLC$4M
- Westchester Capital Management, LLC$2M
Largest adds
- Linden Advisors LP$428K
- Polar Asset Management Partners Inc.$300K
- RIVERNORTH CAPITAL MANAGEMENT, LLC$278K
- Alberta Investment Management Corp$260K
- LMR Partners LLP$260K
Largest trims
- AQR Arbitrage LLC$15M
- PICTON MAHONEY ASSET MANAGEMENT$11M
- MMCAP International Inc. SPC$9M
- Magnetar Financial LLC$8M
- Wealthspring Capital LLC$7M
- ARISTEIA CAPITAL, L.L.C.$6M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Linden Advisors LP | 1,500,000 | $16M | 6.4% | 2026-Q2 |
| Fort Baker Capital Management LP trimmed | 1,256,015 | $14M | 5.4% | 2026-Q2 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC trimmed | 1,097,311 | $12M | 4.7% | 2026-Q2 |
| D. E. Shaw & Co., Inc. | 989,579 | $11M | 4.3% | 2026-Q2 |
| Alberta Investment Management Corp | 980,000 | $11M | 4.2% | 2026-Q2 |
| LMR Partners LLP | 980,000 | $11M | 4.2% | 2026-Q2 |
| Magnetar Financial LLC trimmed | 849,999 | $9M | 3.7% | 2026-Q2 |
| Polar Asset Management Partners Inc. | 800,000 | $9M | 3.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC | 676,022 | $7M | 2.9% | 2026-Q2 |
| First Trust Capital Management L.P. trimmed | 676,713 | $7M | 2.9% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 484,021 | $5M | 2.1% | 2026-Q2 |
| L1 Global Manager Pty Ltd | 300,000 | $3M | 1.3% | 2026-Q2 |
| BERKLEY W R CORP trimmed | 223,937 | $2M | 1.0% | 2026-Q2 |
| Periscope Capital Inc. trimmed | 150,000 | $2M | 0.6% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC | 132,475 | $1M | 0.6% | 2026-Q2 |
| MIZUHO SECURITIES USA LLC | 125,112 | $1M | 0.5% | 2026-Q2 |
| DELTEC ASSET MANAGEMENT LLC | 100,000 | $1M | 0.4% | 2026-Q2 |
| MOORE CAPITAL MANAGEMENT, LP | 100,000 | $1M | 0.4% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS | 67,404 | $731K | 0.3% | 2026-Q2 |
| READYSTATE ASSET MANAGEMENT LP trimmed | 51,777 | $562K | 0.2% | 2026-Q2 |
| DLD Asset Management, LP added | 49,973 | $542K | 0.2% | 2026-Q2 |
| Yakira Capital Management, Inc. | 49,500 | $535K | 0.2% | 2026-Q2 |
| Lineage Point Capital LP | 45,532 | $494K | 0.2% | 2026-Q2 |
| AQR Arbitrage LLC trimmed | 755,836 | $287K | 0.1% | 2026-Q2 |
| Clear Street Group Inc. added | 24,236 | $262K | 0.1% | 2026-Q2 |
| TrueMark Investments, LLC trimmed | 17,311 | $188K | 0.1% | 2026-Q2 |
| MMCAP International Inc. SPC trimmed | 415,000 | $158K | 0.1% | 2026-Q2 |
| Wealthspring Capital LLC trimmed | 401,015 | $152K | 0.1% | 2026-Q2 |
| ARISTEIA CAPITAL, L.L.C. trimmed | 294,478 | $121K | 0.0% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT trimmed | 302,140 | $115K | 0.0% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC new | 10,156 | $110K | 0.0% | 2026-Q2 |
| Shaolin Capital Management LLC trimmed | 230,183 | $87K | 0.0% | 2026-Q2 |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC | 7,556 | $82K | 0.0% | 2026-Q2 |
| CSS LLC/IL trimmed | 170,569 | $65K | 0.0% | 2026-Q2 |
| K2 PRINCIPAL FUND, L.P. trimmed | 138,827 | $53K | 0.0% | 2026-Q2 |
| UBS Group AG | 4,773 | $51K | 0.0% | 2026-Q2 |
| WHITEBOX ADVISORS LLC trimmed | 125,000 | $48K | 0.0% | 2026-Q2 |
| TORONTO DOMINION BANK trimmed | 119,871 | $46K | 0.0% | 2026-Q2 |
| Parallax Volatility Advisers, L.P. added | 103,533 | $39K | 0.0% | 2026-Q2 |
| GRITSTONE ASSET MANAGEMENT LLC trimmed | 87,337 | $33K | 0.0% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 50,000 | $19K | 0.0% | 2026-Q2 |
| Bulldog Investors, LLP trimmed | 35,000 | $13K | 0.0% | 2026-Q2 |
| MORGAN STANLEY | 400 | $4K | 0.0% | 2026-Q2 |
| Verition Fund Management LLC trimmed | 10,065 | $4K | 0.0% | 2026-Q2 |
| Thomas J. Herzfeld Advisors, Inc. new | 10,000 | $4K | 0.0% | 2026-Q2 |
| Arax Advisory Partners new | 7,500 | $3K | 0.0% | 2026-Q2 |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 200,000 | $26M | 10.3% | 2026-Q1 stale (1 quarter behind) |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC added | 1,512,722 | $16M | 6.4% | 2026-Q1 stale (1 quarter behind) |
| JPMORGAN CHASE & CO added | 1,512,722 | $16M | 6.4% | 2026-Q1 stale (1 quarter behind) |
| SONA ASSET MANAGEMENT (US) LLC new | 600,000 | $6M | 2.5% | 2026-Q1 stale (1 quarter behind) |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 414,837 | $4M | 1.8% | 2026-Q1 stale (1 quarter behind) |
| Westchester Capital Management, LLC | 214,157 | $2M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| Karpus Management, Inc. trimmed | 192,600 | $2M | 0.8% | 2026-Q1 stale (1 quarter behind) |
| METEORA CAPITAL, LLC trimmed | 11,257 | $1M | 0.6% | 2026-Q1 stale (1 quarter behind) |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS trimmed | 100,000 | $1M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Radcliffe Capital Management, L.P. added | 68,729 | $736K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Jain Global LLC | 65,226 | $699K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| GLAZER CAPITAL, LLC added | 48,244 | $517K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Kepos Capital LP trimmed | 27,000 | $289K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| ROBINSON CAPITAL MANAGEMENT, LLC | 12,250 | $132K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| PenderFund Capital Management Ltd. | 10,000 | $107K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Weiss Asset Management LP | 213,794 | $28K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| ATW SPAC MANAGEMENT LLC | 132,475 | $44M | 17.3% | 2025-Q3 stale (3 quarters behind) |
| CANTOR FITZGERALD, L. P. | 2,000,000 | $660K | 0.3% | 2025-Q3 stale (3 quarters behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 14,637 | $154K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| CITADEL ADVISORS LLC added | 10,839 | $114K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| MASO CAPITAL PARTNERS Ltd | 125,000 | $41K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| CLEAR STREET LLC trimmed | 20,939 | $221K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| CONDOR CAPITAL MANAGEMENT | 10,500 | $110K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.