Who owns Xsolla SPAC 1 Class A Ordinary Shares (XSLL)
Which tracked institutional funds hold XSLL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XSLL 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
19 tracked funds added or opened XSLL while 7 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
XSLL’s largest tracked holder by dollar value, ARISTEIA CAPITAL, L.L.C., sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in XSLL 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 40 tracked filers holding XSLL, 24 increased or opened the position and 10 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 XSLL 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 16
- ARISTEIA CAPITAL, L.L.C.$19M
- AQR Arbitrage LLC$13M
- WOLVERINE ASSET MANAGEMENT LLC$9M
- MILLENNIUM MANAGEMENT LLC$8M
- BNP PARIBAS FINANCIAL MARKETS$6M
- RIVERNORTH CAPITAL MANAGEMENT, LLC$4M
Full exits 4
- GLAZER CAPITAL, LLC$15M
- METEORA CAPITAL, LLC$8M
- TENOR CAPITAL MANAGEMENT Co., L.P.$2M
- Kepos Capital LP$2M
Largest adds
- HIGHBRIDGE CAPITAL MANAGEMENT LLC$2M
- Polar Asset Management Partners Inc.$528K
- TORONTO DOMINION BANK$353K
Largest trims
- Hudson Bay Capital Management LP$2M
- Shaolin Capital Management LLC$1M
- Clear Street Group Inc.$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 |
|---|---|---|---|---|
| ARISTEIA CAPITAL, L.L.C. new | 1,950,000 | $19M | 10.5% | 2026-Q2 |
| AQR Arbitrage LLC new | 1,311,956 | $13M | 7.1% | 2026-Q2 |
| Magnetar Financial LLC | 1,100,000 | $11M | 5.9% | 2026-Q2 |
| BERKLEY W R CORP | 920,190 | $9M | 5.0% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC new | 908,201 | $9M | 4.9% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC new | 850,000 | $8M | 4.6% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS new | 638,038 | $6M | 3.4% | 2026-Q2 |
| D. E. Shaw & Co., Inc. | 510,000 | $5M | 2.8% | 2026-Q2 |
| Shaolin Capital Management LLC trimmed | 454,100 | $4M | 2.4% | 2026-Q2 |
| Polar Asset Management Partners Inc. added | 450,000 | $4M | 2.4% | 2026-Q2 |
| SONA ASSET MANAGEMENT (US) LLC | 450,000 | $4M | 2.4% | 2026-Q2 |
| MANGROVE PARTNERS IM, LLC | 450,000 | $4M | 2.4% | 2026-Q2 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC new | 400,000 | $4M | 2.2% | 2026-Q2 |
| Context Capital Management, LLC | 385,000 | $4M | 2.1% | 2026-Q2 |
| Crossingbridge Advisors, LLC new | 385,000 | $4M | 2.1% | 2026-Q2 |
| WHITEBOX ADVISORS LLC new | 385,000 | $4M | 2.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP | 362,500 | $4M | 2.0% | 2026-Q2 |
| Linden Advisors LP | 350,000 | $3M | 1.9% | 2026-Q2 |
| Periscope Capital Inc. | 350,200 | $3M | 1.9% | 2026-Q2 |
| Radcliffe Capital Management, L.P. added | 342,939 | $3M | 1.9% | 2026-Q2 |
| Karpus Management, Inc. new | 320,225 | $3M | 1.7% | 2026-Q2 |
| RLH Capital LLC new | 300,000 | $3M | 1.6% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC new | 281,392 | $3M | 1.5% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS new | 250,000 | $2M | 1.4% | 2026-Q2 |
| Centiva Capital, LP new | 234,565 | $2M | 1.3% | 2026-Q2 |
| Quarry LP new | 200,000 | $2M | 1.1% | 2026-Q2 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC added | 196,961 | $2M | 1.1% | 2026-Q2 |
| Verition Fund Management LLC | 182,300 | $2M | 1.0% | 2026-Q2 |
| Clear Street Group Inc. trimmed | 158,396 | $2M | 0.9% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT new | 145,998 | $1M | 0.8% | 2026-Q2 |
| Warberg Asset Management LLC trimmed | 138,736 | $1M | 0.7% | 2026-Q2 |
| DLD Asset Management, LP | 125,000 | $1M | 0.7% | 2026-Q2 |
| HEIGHTS CAPITAL MANAGEMENT, INC new | 122,500 | $1M | 0.7% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC trimmed | 51,354 | $508K | 0.3% | 2026-Q2 |
| Hudson Bay Capital Management LP trimmed | 50,000 | $496K | 0.3% | 2026-Q2 |
| TORONTO DOMINION BANK added | 50,000 | $495K | 0.3% | 2026-Q2 |
| ABC ARBITRAGE SA new | 40,000 | $396K | 0.2% | 2026-Q2 |
| Marex Group Ltd new | 23,000 | $228K | 0.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC new | 10,432 | $104K | 0.1% | 2026-Q2 |
| MORGAN STANLEY added | 37 | $367 | 0.0% | 2026-Q2 |
| GLAZER CAPITAL, LLC new | 1,524,093 | $15M | 8.2% | 2026-Q1 stale (1 quarter behind) |
| METEORA CAPITAL, LLC new | 795,094 | $8M | 4.3% | 2026-Q1 stale (1 quarter behind) |
| TENOR CAPITAL MANAGEMENT Co., L.P. new | 190,000 | $2M | 1.0% | 2026-Q1 stale (1 quarter behind) |
| Kepos Capital LP new | 185,000 | $2M | 1.0% | 2026-Q1 stale (1 quarter behind) |
| JPMORGAN CHASE & CO new | 8,610 | $85K | 0.0% | 2026-Q1 stale (1 quarter 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.