Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in SZZL held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | TENOR CAPITAL MANAGEMENT Co., L.P. | 1.8M | $18.0M | 0.0% | 7.415% | 0.28% |
| 2 | Magnetar Financial LLC | 1.8M | $18.0M | 0.0% | 7.415% | 0.18% |
| 3 | Westchester Capital Management, LLC | 1.6M | $16.0M | -0.2% | 6.618% | 0.76% |
| 4 | CNH PARTNERS LLC | 1.3M | $12.9M | -3.8% | 5.318% | 0.21% |
| 5 | ARISTEIA CAPITAL LLC | 1.1M | $10.8M | 0.0% | 4.449% | 0.24% |
| 6 | D. E. Shaw & Co., Inc. | 990K | $10.2M | 0.0% | 4.195% | 0.01% |
| 7 | WOLVERINE ASSET MANAGEMENT LLC | 974K | $10.0M | -2.8% | 4.125% | 0.17% |
| 8 | Alberta Investment Management Corp | 750K | $7.7M | 0.0% | 3.178% | 0.05% |
| 9 | MILLENNIUM MANAGEMENT LLC | 726K | $7.5M | +1.8% | 3.074% | 0.00% |
| 10 | HGC Investment Management Inc. | 651K | $6.7M | 0.0% | 2.756% | 1.48% |
| 11 | WHITEBOX ADVISORS LLC | 650K | $6.7M | 0.0% | 2.754% | 0.10% |
| 12 | TWO SIGMA INVESTMENTS, LP | 639K | $6.6M | 0.0% | 2.708% | 0.01% |
| 13 | Context Capital Management, LLC | 600K | $6.2M | 0.0% | 2.542% | 0.14% |
| 14 | LINDEN ADVISORS LP | 600K | $6.2M | 0.0% | 2.542% | 0.03% |
| 15 | Radcliffe Capital Management, L.P. | 518K | $5.3M | +5.8% | 2.194% | 0.40% |
| 16 | PICTON MAHONEY ASSET MANAGEMENT | 500K | $5.1M | 0.0% | 2.119% | 0.05% |
| 17 | Governors Lane LP | 500K | $5.1M | 0.0% | 2.119% | 0.50% |
| 18 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 498K | $5.1M | 0.0% | 2.108% | 0.26% |
| 19 | MANGROVE PARTNERS | 450K | $4.6M | 0.0% | 1.907% | 0.37% |
| 20 | GOLDMAN SACHS GROUP INC | 412K | $4.2M | 0.0% | 1.746% | 0.00% |
| 21 | COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 400K | $4.1M | — | 1.695% | 0.02% |
| 22 | LMR Partners LLP | 400K | $4.1M | 0.0% | 1.695% | 0.03% |
| 23 | Shaolin Capital Management LLC | 400K | $4.1M | 0.0% | 1.695% | 0.17% |
| 24 | Vivaldi Asset Management, LLC | 398K | $4.1M | -1.8% | 1.688% | 0.22% |
| 25 | BERKLEY W R CORP | 397K | $4.1M | 0.0% | 1.681% | 0.22% |
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 SZZL — a direct measure of their conviction.
Filings activity in SZZL during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new SZZL position in Q1 2026
Institutions that fully closed their SZZL position in Q1 2026
4 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 | 55 | +17% | 92.20% | +3.68 pp | $225M | +4.2% |
| Q4 2025 | 47 | +4.4% | 88.52% | +3.00 pp | $216M | +3.5% |
| Q3 2025 | 45 | +7.1% | 85.52% | +12.68 pp | $209M | +17% |
| Q2 2025 | 42 | — | 72.84% | — | $178M | — |
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 SZZL stock.
Based on Q1 2026 13F filings, institutional ownership of Sizzle Acquisition Corp. II stands at 92.2%, held across 55 reporting institutions.
TENOR CAPITAL MANAGEMENT Co., L.P. is the largest reported institutional holder of SZZL, with approximately 1,750,000 shares worth $0.02B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of SZZL, including MILLENNIUM MANAGEMENT LLC, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for SZZL is 74 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
11 institutions opened new positions in SZZL during Q1 2026, while 3 fully exited. 34 added to existing positions and 10 trimmed.
SZZL institutional ownership rose by 3.68 percentage points quarter-over-quarter, with a net change of +8 holders.
The top 10 institutions account for 52.3% of all reported 13F value in SZZL, and the top 25 account for 85.8%.
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.
Sizzle Acquisition Corp. II (SZZL) Institutional Ownership