# BLACK SPADE ACQUISITION III (BIIIWS)

> Institutional ownership reported to the SEC as of Q2 2026, from Form 13F filings. Source: https://holderbook.com/stocks/BIIIWS/

- Reporting holders: 34
- Reported value: $1.9M
- Held through calls: 5.2%
- Held through puts: 0.0%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [BOOTHBAY FUND MANAGEMENT, LLC](https://holderbook.com/funds/1549230-boothbay-fund-management-llc/) | $248.8K | 25,000 | 0.0% | 1 |
| [HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND](https://holderbook.com/funds/1535845-healthcare-of-ontario-pension-plan-trust-fund/) | $160.0K | 400,000 | 0.0% | 2 |
| [HIGHBRIDGE CAPITAL MANAGEMENT LLC](https://holderbook.com/funds/919185-highbridge-capital-management-llc/) | $152.2K | 400,635 | 0.0% | 2 |
| [ARISTEIA CAPITAL, L.L.C.](https://holderbook.com/funds/1080171-aristeia-capital-l-l-c/) | $139.3K | 366,666 | 0.0% | 2 |
| [Magnetar Financial LLC](https://holderbook.com/funds/1352851-magnetar-financial-llc/) | $133.3K | 333,331 | 0.0% | 2 |
| [TENOR CAPITAL MANAGEMENT Co., L.P.](https://holderbook.com/funds/1346554-tenor-capital-management-co-l-p/) | $133.3K | 333,333 | 0.0% | 2 |
| [AQR Arbitrage LLC](https://holderbook.com/funds/1167456-aqr-arbitrage-llc/) | $105.5K | 263,957 | 0.0% | 2 |
| [MILLENNIUM MANAGEMENT LLC](https://holderbook.com/funds/1273087-millennium-management-llc/) | $100.0K | 0 | 0.0% | 2 |
| [Decagon Asset Management LLP](https://holderbook.com/funds/1950677-decagon-asset-management-llp/) | $93.8K | 234,613 | 0.0% | 2 |
| [SONA ASSET MANAGEMENT (US) LLC](https://holderbook.com/funds/1856405-sona-asset-management-us-llc/) | $80.0K | 199,997 | 0.0% | 1 |
| [Wealthspring Capital LLC](https://holderbook.com/funds/1844495-wealthspring-capital-llc/) | $66.9K | 185,806 | 0.0% | 1 |
| [Alberta Investment Management Corp](https://holderbook.com/funds/1463559-alberta-investment-management-corp/) | $66.6K | 166,666 | 0.0% | 2 |
| [Fort Baker Capital Management LP](https://holderbook.com/funds/1688382-fort-baker-capital-management-lp/) | $63.3K | 166,666 | 0.0% | 2 |
| [Shaolin Capital Management LLC](https://holderbook.com/funds/1766806-shaolin-capital-management-llc/) | $61.2K | 152,959 | 0.0% | 2 |
| [Periscope Capital Inc.](https://holderbook.com/funds/1695320-periscope-capital-inc/) | $53.0K | 139,600 | 0.0% | 2 |
| [BNP PARIBAS FINANCIAL MARKETS](https://holderbook.com/funds/1166588-bnp-paribas-financial-markets/) | $51.7K | 136,040 | 0.0% | 2 |
| [PICTON MAHONEY ASSET MANAGEMENT](https://holderbook.com/funds/1539041-picton-mahoney-asset-management/) | $50.0K | 124,999 | 0.0% | 2 |
| [Radcliffe Capital Management, L.P.](https://holderbook.com/funds/1218275-radcliffe-capital-management-l-p/) | $44.3K | 116,665 | 0.0% | 2 |
| [WHITEBOX ADVISORS LLC](https://holderbook.com/funds/1257391-whitebox-advisors-llc/) | $36.8K | 92,066 | 0.0% | 2 |
| [Clear Street Group Inc.](https://holderbook.com/funds/1881567-clear-street-group-inc/) | $33.4K | 83,500 | 0.0% | 2 |
| [Linden Advisors LP](https://holderbook.com/funds/1279396-linden-advisors-lp/) | $33.3K | 83,332 | 0.0% | 2 |
| [MMCAP International Inc. SPC](https://holderbook.com/funds/1304857-mmcap-international-inc-spc/) | $33.3K | 83,332 | 0.0% | 1 |
| [Mint Tower Capital Management B.V.](https://holderbook.com/funds/1666606-mint-tower-capital-management-b-v/) | $30.0K | 75,000 | 0.0% | 2 |
| [Context Capital Management, LLC](https://holderbook.com/funds/1301396-context-capital-management-llc/) | $26.7K | 66,867 | 0.0% | 2 |
| [Verition Fund Management LLC](https://holderbook.com/funds/1454027-verition-fund-management-llc/) | $26.7K | 66,666 | 0.0% | 2 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q2 2026 | 34 | $1.9M |
| Q1 2026 | 27 | $1.4M |