| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Aldel Investors II LLC | 20% | $61,086,961 | 6,048,214 | Robert I. Kauffman | 23 Oct 2024 | |||
| Harraden Circle Investments, LLC | 9.9% | +45% | $24,570,960 | +$7,837,479 | 2,351,288 | +47% | Harraden Circle Investments, LLC | 30 Sep 2025 |
| AQR CAPITAL MANAGEMENT LLC | 7.6% | $22,858,158 | 2,263,184 | AQR Capital Management, LLC | 31 Dec 2024 | |||
| Hudson Bay Capital Management LP | 4.8% | -21% | $15,051,000 | 1,450,000 | 0% | Hudson Bay Capital Management LP | 30 Jun 2025 | |
| LMR Partners LLP | 5.1% | $12,120,000 | 1,200,000 | LMR Partners LLP | 31 Mar 2025 | |||
| Westchester Capital Management, LLC | 4.9% | -2.2% | $12,162,610 | -$262,250 | 1,159,448 | -2.1% | Westchester Capital Management, LLC | 30 Jun 2025 |
| BARCLAYS PLC | 3.8% | -33% | $9,480,862 | -$4,970,624 | 903,800 | -34% | Barclays PLC | 30 Jun 2025 |
As of 30 Sep 2025, 46 institutional investors reported holding 22,133,731 shares of Aldel Financial II Inc. - Class A Common Stock (ALDF). This represents 93% of the company’s total 23,702,500 outstanding shares.
The largest institutional shareholders of Aldel Financial II Inc. - Class A Common Stock (ALDF) together control 86% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Harraden Circle Investments, LLC | 9.9% | 2,351,288 | +50% | 4.8% | $24,570,960 |
| Magnetar Financial LLC | 8% | 1,899,098 | 0% | 0.12% | $19,845,574 |
| AQR Arbitrage LLC | 6.8% | 1,614,870 | -2.6% | 0.43% | $16,875,392 |
| LMR Partners LLP | 5.1% | 1,200,000 | 0% | 0.16% | $12,540,000 |
| Westchester Capital Management, LLC | 4.9% | 1,159,448 | 0% | 0.63% | $12,116,232 |
| Hudson Bay Capital Management LP | 4.6% | 1,100,000 | -24% | 0.07% | $11,495,000 |
| Linden Advisors LP | 4% | 950,000 | 0% | 0.07% | $9,927,500 |
| Ghisallo Capital Management LLC | 3.8% | 900,000 | 0% | 0.31% | $9,405,000 |
| D. E. Shaw & Co., Inc. | 3.7% | 880,057 | 0% | 0.01% | $9,196,596 |
| Wealthspring Capital LLC | 3.2% | 754,397 | -1.7% | 1.9% | $7,883,449 |
| PICTON MAHONEY ASSET MANAGEMENT | 3.2% | 750,000 | 0% | 0.1% | $7,837,000 |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 3% | 699,234 | 0% | 0.1% | $7,306,995 |
| METEORA CAPITAL, LLC | 2.9% | 699,150 | +4270% | 0.77% | $7,306,118 |
| GOLDMAN SACHS GROUP INC | 2.6% | 605,314 | 0% | 0% | $6,325,531 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 2.5% | 599,486 | 0.36% | $6,264,629 | |
| TWO SIGMA INVESTMENTS, LP | 2.1% | 500,000 | 0% | 0.01% | $5,225,000 |
| Periscope Capital Inc. | 2% | 475,000 | +11% | 1.2% | $4,963,750 |
| Fort Baker Capital Management LP | 1.9% | 454,193 | +1.1% | 0.78% | $4,746,318 |
| GLAZER CAPITAL, LLC | 1.9% | 453,582 | 0% | 0.16% | $4,740,000 |
| BERKLEY W R CORP | 1.8% | 425,000 | 0% | 0.29% | $4,441,250 |
| TORONTO DOMINION BANK | 1.8% | 423,000 | +133% | 0.01% | $4,420,350 |
| WHITEBOX ADVISORS LLC | 1.7% | 400,000 | 0% | 0.08% | $4,180,000 |
| GRITSTONE ASSET MANAGEMENT LLC | 1.7% | 394,214 | -1.2% | 4.2% | $4,119,536 |
| Radcliffe Capital Management, L.P. | 1.4% | 332,032 | +247% | 0.21% | $3,469,734 |
| Alberta Investment Management Corp | 1.1% | 250,581 | 0% | 0.03% | $2,618,571 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 15,000 | $157,350 | -$262,250 | $10.49 | 1 |
| 2025 Q3 | 22,133,731 | $231,284,255 | +$11,283,744 | $10.45 | 46 |
| 2025 Q2 | 20,967,531 | $219,766,474 | +$39,663,030 | $10.49 | 46 |
| 2025 Q1 | 17,892,877 | $180,684,008 | +$86,821,106 | $10.11 | 36 |
| 2024 Q4 | 9,315,865 | $92,532,600 | +$91,539,606 | $9.93 | 20 |