Who owns Thayer Ventures Acquisition Corporation II Class A Ordinary Shares (TVAI)
Which tracked institutional funds hold TVAI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TVAI 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
3 tracked funds added or opened TVAI while 5 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
TVAI’s largest tracked holder by dollar value, Linden Advisors LP, sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TVAI 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 45 tracked filers holding TVAI, 6 increased or opened the position and 9 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 TVAI 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 4
- METEORA CAPITAL, LLC$11M
- TENOR CAPITAL MANAGEMENT Co., L.P.$10M
- GLAZER CAPITAL, LLC$6M
- JPMORGAN CHASE & CO$2M
Largest adds
- TORONTO DOMINION BANK$1M
- HIGHBRIDGE CAPITAL MANAGEMENT LLC$701K
- BERKLEY W R CORP$609K
Largest trims
- Shaolin Capital Management LLC$788K
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 | 1,750,000 | $18M | 8.8% | 2026-Q2 |
| ARISTEIA CAPITAL, L.L.C. | 1,125,000 | $12M | 5.7% | 2026-Q2 |
| Polar Asset Management Partners Inc. | 900,000 | $9M | 4.5% | 2026-Q2 |
| D. E. Shaw & Co., Inc. | 875,000 | $9M | 4.4% | 2026-Q2 |
| Alberta Investment Management Corp | 700,000 | $7M | 3.5% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC | 700,000 | $7M | 3.5% | 2026-Q2 |
| AQR Arbitrage LLC added | 640,768 | $7M | 3.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP | 634,375 | $7M | 3.2% | 2026-Q2 |
| Verition Fund Management LLC | 626,871 | $6M | 3.2% | 2026-Q2 |
| Karpus Management, Inc. trimmed | 541,900 | $6M | 2.7% | 2026-Q2 |
| Westchester Capital Management, LLC | 525,000 | $5M | 2.6% | 2026-Q2 |
| Radcliffe Capital Management, L.P. | 525,000 | $5M | 2.6% | 2026-Q2 |
| HGC Investment Management Inc. | 525,000 | $5M | 2.6% | 2026-Q2 |
| BERKLEY W R CORP added | 518,020 | $5M | 2.6% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 515,232 | $5M | 2.6% | 2026-Q2 |
| MANGROVE PARTNERS IM, LLC | 450,000 | $5M | 2.3% | 2026-Q2 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 398,000 | $4M | 2.0% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 387,262 | $4M | 1.9% | 2026-Q2 |
| Logan Stone Capital, LLC added | 383,267 | $4M | 1.9% | 2026-Q2 |
| Shaolin Capital Management LLC trimmed | 377,208 | $4M | 1.9% | 2026-Q2 |
| Hudson Bay Capital Management LP | 375,000 | $4M | 1.9% | 2026-Q2 |
| Magnetar Financial LLC | 350,000 | $4M | 1.8% | 2026-Q2 |
| Periscope Capital Inc. | 312,500 | $3M | 1.6% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT | 300,000 | $3M | 1.5% | 2026-Q2 |
| Centiva Capital, LP | 285,146 | $3M | 1.4% | 2026-Q2 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC added | 250,806 | $3M | 1.3% | 2026-Q2 |
| O'Connor Alternative Investments LLC | 250,000 | $3M | 1.3% | 2026-Q2 |
| HEIGHTS CAPITAL MANAGEMENT, INC | 250,000 | $3M | 1.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC | 221,227 | $2M | 1.1% | 2026-Q2 |
| WHITEBOX ADVISORS LLC | 200,000 | $2M | 1.0% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC | 199,995 | $2M | 1.0% | 2026-Q2 |
| SONA ASSET MANAGEMENT (US) LLC | 182,437 | $2M | 0.9% | 2026-Q2 |
| Clear Street Group Inc. | 150,115 | $2M | 0.8% | 2026-Q2 |
| TORONTO DOMINION BANK added | 125,000 | $1M | 0.6% | 2026-Q2 |
| MIZUHO SECURITIES USA LLC | 125,000 | $1M | 0.6% | 2026-Q2 |
| DLD Asset Management, LP | 48,730 | $503K | 0.2% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 45,000 | $465K | 0.2% | 2026-Q2 |
| Warberg Asset Management LLC | 44,699 | $461K | 0.2% | 2026-Q2 |
| PenderFund Capital Management Ltd. added | 38,800 | $401K | 0.2% | 2026-Q2 |
| CSS LLC/IL | 38,600 | $398K | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS | 25,193 | $260K | 0.1% | 2026-Q2 |
| Crossingbridge Advisors, LLC | 25,000 | $258K | 0.1% | 2026-Q2 |
| DELTEC ASSET MANAGEMENT LLC | 25,000 | $258K | 0.1% | 2026-Q2 |
| ABC ARBITRAGE SA | 23,300 | $240K | 0.1% | 2026-Q2 |
| MORGAN STANLEY trimmed | 55 | $568 | 0.0% | 2026-Q2 |
| METEORA CAPITAL, LLC trimmed | 1,110,786 | $11M | 5.5% | 2026-Q1 stale (1 quarter behind) |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 1,000,000 | $10M | 5.0% | 2026-Q1 stale (1 quarter behind) |
| GLAZER CAPITAL, LLC trimmed | 583,501 | $6M | 2.9% | 2026-Q1 stale (1 quarter behind) |
| JPMORGAN CHASE & CO new | 185,380 | $2M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| Kepos Capital LP new | 15,700 | $161K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Virtu Financial LLC trimmed | 23,122 | $234K | 0.1% | 2025-Q4 stale (2 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, 250,000 shares) reconciles to its 1 current affiliate (250,000 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.