Melar Acquisition Corp. I/Cayman - Class A Ordinary Shares, par value $ $0.0001 per share (MACI) Institutional Ownership

13F Institutional Holders and Ownership History from Q3 2024 to Q4 2025

Type / Class
Equity / Class A Ordinary Shares, par value $ $0.0001 per share
Symbol
MACI on Nasdaq
Shares outstanding
21,635,000
Price per share
$10.63
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
15,675,720
Total reported value
$164,623,795
% of total 13F portfolios
0%
Share change
+427,119
Value change
+$4,445,639
Number of holders
38
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Melar Acquisition Corp. I/Cayman - Class A Ordinary Shares, par value $ $0.0001 per share (MACI) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Melar Acquisition Sponsor I LLC 26% $57,509,193 5,621,622 Melar Acquisition Sponsor I LLC 31 Dec 2024
First Trust Capital Management L.P. 8.9% $14,699,372 1,429,900 First Trust Capital Management L.P. 30 Jun 2025
Karpus Management, Inc. 5.3% $12,039,878 1,146,655 KARPUS MANAGEMENT, INC. 30 Sep 2025
METEORA CAPITAL, LLC 6.9% $11,658,034 1,110,289 Meteora Capital, LLC 30 Jun 2025
WOLVERINE ASSET MANAGEMENT LLC 5.8% +168% $9,744,971 +$5,641,624 926,328 +137% WOLVERINE ASSET MANAGEMENT LLC 30 Sep 2025
MIZUHO FINANCIAL GROUP INC 5.6% $9,358,692 891,304 Mizuho Financial Group, Inc. 30 Sep 2025
BARCLAYS PLC 5% 0% $8,184,000 800,000 0% Barclays PLC 30 Sep 2024
GOLDMAN SACHS GROUP INC 3.6% $5,890,690 575,825 THE GOLDMAN SACHS GROUP, INC. 31 Mar 2025

As of 30 Sep 2025, 38 institutional investors reported holding 15,675,720 shares of Melar Acquisition Corp. I/Cayman - Class A Ordinary Shares, par value $ $0.0001 per share (MACI). This represents 72% of the company’s total 21,635,000 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Melar Acquisition Corp. I/Cayman - Class A Ordinary Shares, par value $ $0.0001 per share (MACI) together control 70% 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
LMR Partners LLP 6.9% 1,485,000 0% 0.2% $15,592,500
Polar Asset Management Partners Inc. 6.9% 1,485,000 0% 0.32% $15,622,200
First Trust Capital Management L.P. 6.5% 1,400,000 0% 0.95% $14,700,000
Karpus Management, Inc. 5.3% 1,146,655 -9.9% 0.38% $12,039,878
AQR Arbitrage LLC 4.6% 997,179 -0.89% 0.27% $10,480,351
WOLVERINE ASSET MANAGEMENT LLC 4.3% 926,328 +137% 0.14% $9,726,444
MIZUHO SECURITIES USA LLC 4.1% 891,304 +339% 0.19% $9,323,291
BERKLEY W R CORP 3% 645,820 +100% 0.44% $6,781,110
D. E. Shaw & Co., Inc. 2.7% 576,328 0% 0% $6,057,207
GLAZER CAPITAL, LLC 2.6% 556,374 0% 0.2% $5,842,000
Cable Car Capital, LP 2.3% 492,500 0% 2.2% $5,171,250
Wealthspring Capital LLC 2.1% 458,925 -0.07% 1.1% $4,818,713
Radcliffe Capital Management, L.P. 2% 426,939 +45% 0.28% $4,482,860
Westchester Capital Management, LLC 2% 424,707 0% 0.23% $4,463,670
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 1.8% 400,000 0% 0.02% $4,200,000
TWO SIGMA INVESTMENTS, LP 1.7% 375,000 0% 0.01% $3,937,500
Magnetar Financial LLC 1.7% 371,250 0% 0.02% $3,901,838
Hudson Bay Capital Management LP 1.5% 325,000 0% 0.02% $3,415,750
PICTON MAHONEY ASSET MANAGEMENT 1.5% 325,000 0% 0.04% $3,413,000
Alberta Investment Management Corp 1.5% 325,000 0% 0.03% $3,415,750
RIVERNORTH CAPITAL MANAGEMENT, LLC 1.4% 299,547 -0.15% 0.18% $3,145,244
GOLDMAN SACHS GROUP INC 1.4% 299,331 0% 0% $3,142,976
Periscope Capital Inc. 1.1% 235,412 +18% 0.6% $2,473,998
HGC Investment Management Inc. 0.81% 175,000 0.45% $1,837,500
TORONTO DOMINION BANK 0.55% 120,040 -46% 0% $1,260,420

Institutional Holders of Melar Acquisition Corp. I/Cayman - Class A Ordinary Shares, par value $ $0.0001 per share (MACI) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 52,500 $558,075 -$15,945 $10.63 2
2025 Q3 15,675,720 $164,623,795 +$4,445,639 $10.50 38
2025 Q2 15,148,602 $159,117,846 +$11,918,808 $10.51 36
2025 Q1 14,246,710 $145,768,158 +$5,913,089 $10.23 33
2024 Q4 13,694,687 $138,022,802 +$19,315,672 $10.08 34
2024 Q3 11,684,685 $116,788,200 +$115,788,708 $10.00 30