Who owns Sizzle Acquisition Corp. II (SZZL)
Which tracked institutional funds hold SZZL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SZZL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 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
8 tracked funds added or opened SZZL while 16 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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
SZZL’s largest tracked holder by dollar value, TENOR CAPITAL MANAGEMENT Co., L.P., sizes it at 4.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 4.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SZZL 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 61 tracked filers holding SZZL, 14 increased or opened the position and 23 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 SZZL 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.
New buyers 3
- RiverPark Advisors, LLC$7M
- CANTOR FITZGERALD, L. P.$536K
- StoneX Group Inc.$515K
Full exits 6
- TENOR CAPITAL MANAGEMENT Co., L.P.$315M
- Harraden Circle Investments, LLC$46M
- Centiva Capital, LP$2M
- GLAZER CAPITAL, LLC$2M
- JPMORGAN CHASE & CO$1M
- METEORA CAPITAL, LLC$917K
Largest adds
- Crossingbridge Advisors, LLC$8M
- BERKLEY W R CORP$5M
- Wealthspring Capital LLC$2M
- HIGHBRIDGE CAPITAL MANAGEMENT LLC$2M
- TORONTO DOMINION BANK$584K
Largest trims
- Context Capital Management, LLC$102M
- RIVERNORTH CAPITAL MANAGEMENT, LLC$5M
- COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS$4M
- Westchester Capital Management, LLC$4M
- Shaolin Capital Management LLC$2M
- MILLENNIUM MANAGEMENT LLC$1M
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 |
|---|---|---|---|---|
| Magnetar Financial LLC | 1,750,000 | $18M | 3.2% | 2026-Q2 |
| Westchester Capital Management, LLC trimmed | 1,175,280 | $12M | 2.2% | 2026-Q2 |
| AQR Arbitrage LLC trimmed | 1,131,030 | $12M | 2.1% | 2026-Q2 |
| ARISTEIA CAPITAL, L.L.C. | 1,050,000 | $11M | 1.9% | 2026-Q2 |
| D. E. Shaw & Co., Inc. | 990,000 | $10M | 1.8% | 2026-Q2 |
| Crossingbridge Advisors, LLC added | 964,954 | $10M | 1.8% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 949,129 | $10M | 1.7% | 2026-Q2 |
| BERKLEY W R CORP added | 843,448 | $9M | 1.5% | 2026-Q2 |
| Alberta Investment Management Corp | 750,000 | $8M | 1.4% | 2026-Q2 |
| RiverPark Advisors, LLC new | 690,800 | $7M | 1.3% | 2026-Q2 |
| HGC Investment Management Inc. | 650,539 | $7M | 1.2% | 2026-Q2 |
| WHITEBOX ADVISORS LLC | 650,000 | $7M | 1.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP | 639,026 | $7M | 1.2% | 2026-Q2 |
| Linden Advisors LP | 600,000 | $6M | 1.1% | 2026-Q2 |
| Context Capital Management, LLC trimmed | 599,812 | $6M | 1.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 576,020 | $6M | 1.1% | 2026-Q2 |
| Radcliffe Capital Management, L.P. added | 517,768 | $5M | 1.0% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT | 500,000 | $5M | 0.9% | 2026-Q2 |
| Governors Lane LP | 500,000 | $5M | 0.9% | 2026-Q2 |
| MANGROVE PARTNERS IM, LLC | 450,000 | $5M | 0.8% | 2026-Q2 |
| Wealthspring Capital LLC added | 435,927 | $5M | 0.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC | 411,978 | $4M | 0.8% | 2026-Q2 |
| LMR Partners LLP | 400,000 | $4M | 0.7% | 2026-Q2 |
| First Trust Capital Management L.P. | 398,309 | $4M | 0.7% | 2026-Q2 |
| Polar Asset Management Partners Inc. | 300,000 | $3M | 0.6% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC trimmed | 239,700 | $2M | 0.4% | 2026-Q2 |
| Periscope Capital Inc. trimmed | 225,000 | $2M | 0.4% | 2026-Q2 |
| HEIGHTS CAPITAL MANAGEMENT, INC | 200,000 | $2M | 0.4% | 2026-Q2 |
| MOORE CAPITAL MANAGEMENT, LP | 200,000 | $2M | 0.4% | 2026-Q2 |
| Karpus Management, Inc. trimmed | 180,585 | $2M | 0.3% | 2026-Q2 |
| Shaolin Capital Management LLC trimmed | 167,126 | $2M | 0.3% | 2026-Q2 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC added | 163,062 | $2M | 0.3% | 2026-Q2 |
| Clear Street Group Inc. trimmed | 155,288 | $2M | 0.3% | 2026-Q2 |
| DELTEC ASSET MANAGEMENT LLC | 150,000 | $2M | 0.3% | 2026-Q2 |
| Verition Fund Management LLC added | 140,476 | $1M | 0.3% | 2026-Q2 |
| SONA ASSET MANAGEMENT (US) LLC | 101,170 | $1M | 0.2% | 2026-Q2 |
| O'Connor Alternative Investments LLC | 100,000 | $1M | 0.2% | 2026-Q2 |
| GRITSTONE ASSET MANAGEMENT LLC | 98,992 | $1M | 0.2% | 2026-Q2 |
| TORONTO DOMINION BANK added | 75,000 | $777K | 0.1% | 2026-Q2 |
| Logan Stone Capital, LLC added | 60,159 | $623K | 0.1% | 2026-Q2 |
| CANTOR FITZGERALD, L. P. trimmed | 51,720 | $536K | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS | 51,307 | $532K | 0.1% | 2026-Q2 |
| StoneX Group Inc. new | 50,000 | $515K | 0.1% | 2026-Q2 |
| PenderFund Capital Management Ltd. added | 46,080 | $478K | 0.1% | 2026-Q2 |
| Lineage Point Capital LP | 25,000 | $259K | 0.0% | 2026-Q2 |
| MIZUHO SECURITIES USA LLC | 25,344 | $259K | 0.0% | 2026-Q2 |
| Rangeley Capital, LLC | 10,000 | $104K | 0.0% | 2026-Q2 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC added | 499,872 | $77K | 0.0% | 2026-Q2 |
| Alpine Global Management, LLC added | 385,000 | $63K | 0.0% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC new | 345,000 | $56K | 0.0% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS trimmed | 329,795 | $54K | 0.0% | 2026-Q2 |
| K2 PRINCIPAL FUND, L.P. added | 333,426 | $53K | 0.0% | 2026-Q2 |
| Ionic Capital Management LLC new | 295,887 | $48K | 0.0% | 2026-Q2 |
| DLD Asset Management, LP added | 225,000 | $37K | 0.0% | 2026-Q2 |
| Bulldog Investors, LLP trimmed | 160,050 | $27K | 0.0% | 2026-Q2 |
| Arax Advisory Partners new | 2,400 | $25K | 0.0% | 2026-Q2 |
| Parallax Volatility Advisers, L.P. added | 100,000 | $19K | 0.0% | 2026-Q2 |
| UBS Group AG trimmed | 402 | $4K | 0.0% | 2026-Q2 |
| Atlantic Edge Private Wealth Management, LLC | 165 | $2K | 0.0% | 2026-Q2 |
| BARCLAYS PLC trimmed | 100 | $1K | 0.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 49 | $508 | 0.0% | 2026-Q2 |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 1,750,000 | $298M | 52.7% | 2026-Q1 stale (1 quarter behind) |
| Harraden Circle Investments, LLC | 272,177 | $46M | 8.2% | 2026-Q1 stale (1 quarter behind) |
| Centiva Capital, LP new | 200,000 | $2M | 0.4% | 2026-Q1 stale (1 quarter behind) |
| GLAZER CAPITAL, LLC trimmed | 189,024 | $2M | 0.3% | 2026-Q1 stale (1 quarter behind) |
| JPMORGAN CHASE & CO trimmed | 100,000 | $1M | 0.2% | 2026-Q1 stale (1 quarter behind) |
| METEORA CAPITAL, LLC added | 89,234 | $917K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Kepos Capital LP new | 37,200 | $382K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Virtu Financial LLC added | 31,098 | $319K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Mint Tower Capital Management B.V. | 199,600 | $34K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CITADEL ADVISORS LLC added | 16,565 | $170K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| CLEAR STREET LLC new | 144,504 | $1M | 0.3% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. new | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
1 parent filing withheld from the table above, and from the coverage figures, to avoid listing one book twice: OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) (last filed 2025-Q4, 100,000 shares) reconciles to its 1 current affiliate (100,000 shares) — 0.000% apart.
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.