Q1 2026 13F Data|Updated 2026-06-13
Institutional ownership decreased this quarter (-0.79 pp), while top 10 holders maintain a highly concentrated 57.9% of value.
Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in ALDF held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Harraden Circle Investments, LLC | 2.4M | $24.8M | 0.0% | 10.223% | 4.98% |
| 2 | Magnetar Financial LLC | 1.9M | $20.1M | 0.0% | 8.257% | 0.20% |
| 3 | CNH PARTNERS LLC | 1.5M | $16.0M | -6.3% | 6.580% | 0.26% |
| 4 | LMR Partners LLP | 1.2M | $12.7M | 0.0% | 5.217% | 0.10% |
| 5 | Westchester Capital Management, LLC | 1.2M | $12.3M | 0.0% | 5.041% | 0.58% |
| 6 | Hudson Bay Capital Management LP | 1.1M | $11.6M | 0.0% | 4.783% | 0.13% |
| 7 | LINDEN ADVISORS LP | 950K | $10.0M | 0.0% | 4.130% | 0.06% |
| 8 | Ghisallo Capital Management LLC | 900K | $9.5M | 0.0% | 3.913% | 0.26% |
| 9 | D. E. Shaw & Co., Inc. | 880K | $9.3M | 0.0% | 3.826% | 0.01% |
| 10 | METEORA CAPITAL, LLC | 777K | $8.2M | -0.1% | 3.378% | 0.61% |
| 11 | PICTON MAHONEY ASSET MANAGEMENT | 750K | $7.9M | 0.0% | 3.261% | 0.08% |
| 12 | Wealthspring Capital LLC | 725K | $7.7M | -0.5% | 3.153% | 1.82% |
| 13 | TENOR CAPITAL MANAGEMENT Co., L.P. | 699K | $7.4M | 0.0% | 3.040% | 0.11% |
| 14 | GOLDMAN SACHS GROUP INC | 605K | $6.4M | 0.0% | 2.632% | 0.00% |
| 15 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 564K | $6.0M | -5.8% | 2.452% | 0.30% |
| 16 | TWO SIGMA INVESTMENTS, LP | 500K | $5.3M | 0.0% | 2.174% | 0.00% |
| 17 | BERKLEY W R CORP | 475K | $5.0M | +11.7% | 2.064% | 0.27% |
| 18 | Fort Baker Capital Management LP | 454K | $4.8M | 0.0% | 1.975% | 0.47% |
| 19 | TORONTO DOMINION BANK | 400K | $4.2M | 0.0% | 1.739% | 0.01% |
| 20 | WHITEBOX ADVISORS LLC | 400K | $4.2M | 0.0% | 1.739% | 0.06% |
| 21 | GRITSTONE ASSET MANAGEMENT LLC | 394K | $4.2M | 0.0% | 1.714% | 4.45% |
| 22 | Radcliffe Capital Management, L.P. | 380K | $4.0M | +2.5% | 1.650% | 0.30% |
| 23 | COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 350K | $3.7M | -12.5% | 1.522% | 0.02% |
| 24 | PERISCOPE CAPITAL INC. | 350K | $3.7M | -5.4% | 1.522% | 0.64% |
| 25 | Alberta Investment Management Corp | 251K | $2.6M | 0.0% | 1.089% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in ALDF — a direct measure of their conviction.
Filings activity in ALDF during Q1 2026, grouped by how each filer changed its position.
6 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 50 | +2.0% | 94.64% | 0.79 pp | $232M | 0.8% |
| Q4 2025 | 49 | +6.5% | 95.43% | +7.45 pp | $234M | +8.5% |
| Q3 2025 | 46 | 2.1% | 87.98% | +8.56 pp | $216M | +11% |
| Q2 2025 | 47 | +27% | 79.42% | +16.56 pp | $195M | +26% |
| Q1 2025 | 37 | +76% | 62.86% | +26.92 pp | $154M | +75% |
| Q4 2024 | 21 | — | 35.94% | — | $88M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying ALDF stock.
Based on Q1 2026 13F filings, institutional ownership of Aldel Financial II Inc. stands at 94.6%, held across 50 reporting institutions.
Harraden Circle Investments, LLC is the largest reported institutional holder of ALDF, with approximately 2,351,288 shares worth $0.02B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of ALDF, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for ALDF is 45 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
6 institutions opened new positions in ALDF during Q1 2026, while 5 fully exited. 36 added to existing positions and 8 trimmed.
ALDF institutional ownership fell by 0.79 percentage points quarter-over-quarter, with a net change of +1 holders.
The top 10 institutions account for 57.9% of all reported 13F value in ALDF, and the top 25 account for 91.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.