A
Aldel Financial II Inc.
ALDF • XNAS
Aldel Financial II Inc. is a blank checks company on XNAS, with a market cap of $313.3M. As of Q3 2025, 73% of shares are held by 44 institutional investors, with Harraden Circle Investments, LLC as the largest holder at 7.87%.
Market Cap$313.3M
BLANK CHECKS
Overview
Overview of institutional ownership in ALDF as of Q3 2025 with a market cap of $312.1M
All Institutions
- Institutions
- 44
- Value Held
- $228.7M
- Shares Held
- 21.9M
- Avg Position
- $5.2M
- Median Position
- $4.1M
Hedge Funds
- Hedge Funds
- 30
- Value Held
- $171.9M
- Shares Held
- 16.5M
- Avg Position
- $5.7M
- Median Position
- $4.1M
Ownership Breakdown
Based on market cap of $312.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in ALDF as of Q3 2025
| Institution | Position Value |
|---|---|
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | $24.6M 5.16% of portfolio |
 Magnetar Financial LLC Hedge Fund•Multi-Strategy | $19.8M 0.13% of portfolio |
 CNH PARTNERS LLC Hedge Fund•Multi-Strategy | $16.9M 0.63% of portfolio |
L LMR Partners LLP Institution | $12.5M 0.25% of portfolio |
 Westchester Capital Management, LLC Hedge Fund•Merger Arb | $12.1M 0.67% of portfolio |
 Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy | $11.5M 0.08% of portfolio |
 LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | $9.9M 1.02% of portfolio |
 Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy | $9.4M 0.54% of portfolio |
D D. E. Shaw & Co., Inc. Institution | $9.2M 0.01% of portfolio |
 Wealthspring Capital LLC Hedge Fund•Event Driven | $7.9M 2.22% of portfolio |
Net Capital Flow
Institutional buying and selling activity for ALDF in Q3 2025
- Traded
- +$19.2M
- Buyers
- 16
- Sellers
- 13
- Total Bought
- +$31.2M
- Total Sold
- −$12.0M
- Avg Position
- $4.7M
Biggest Buyers
| Institution | Net Bought |
|---|---|
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | +$8.2M +782.0K shares |
 Meteora Capital, LLC Hedge Fund•Event Driven | +$7.1M +683.2K shares |
 RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | +$6.3M +599.5K shares |
 TORONTO DOMINION BANK Institution | +$2.5M +241.1K shares |
 Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy | +$2.5M +236.2K shares |
 WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$2.1M +196.5K shares |
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy | +$522.5K +50.0K shares |
 Kepos Capital LP Hedge Fund•Global Macro | +$522.5K +-687.1K shares |
 PERISCOPE CAPITAL INC. Institution | +$499.0K +47.7K shares |
 Tuttle Tactical Management LLC ETF Provider | +$418.0K +40.0K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy | −$3.7M −350.0K shares |
 ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy | −$2.3M −214.9K shares |
 OZ MANAGEMENT LP Hedge Fund•Multi-Strategy | −$1.8M −175.0K shares |
 UBS OCONNOR LLC Long Only Manager | −$1.0M −100.0K shares |
 Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | −$888.2K −85.0K shares |
 Sandia Investment Management LP Hedge Fund•Event Driven | −$653.1K −62.5K shares |
Q Quarry LP Institution | −$653.1K −62.5K shares |
CNH PARTNERS LLC Hedge Fund•Multi-Strategy | −$449.3K −43.0K shares |
H Halcyon Management Partners LP Institution | −$192.3K −18.3K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | −$140.8K −13.4K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited ALDF in Q3 2025
- New Positions
- 5
- New Value
- $7.8M
- Exited Positions
- 5
- Exited Value
- $5.5M
New Positions
| Institution | Position Value |
|---|---|
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | $6.3M 599.5K shares |
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy | $522.5K 50.0K shares |
Tuttle Tactical Management LLC ETF Provider | $418.0K 40.0K shares |
 UBS Group AG Institution | $353.0K 33.8K shares |
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy | $221.9K 20.8K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy | $2.3M 214.9K shares |
OZ MANAGEMENT LP Hedge Fund•Multi-Strategy | $1.8M 175.0K shares |
UBS OCONNOR LLC Long Only Manager | $1.0M 100.0K shares |
H Halcyon Management Partners LP Institution | $192.3K 18.3K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $140.8K 13.4K shares |
Options Activity
Institutions with the largest Call and Put options positions in ALDF as of Q3 2025
- Call Positions
- 1
- Call Value
- $52.6K
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
 DLD Asset Management, LP Hedge Fund•Multi-Strategy | $52.6K 974.0 contracts |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with ALDF as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
H Harraden Circle Investments, LLC Hedge Fund•Event Driven | 5.16% $24.6M |
 GRITSTONE ASSET MANAGEMENT LLC Hedge Fund•Sector | 4.39% $4.1M |
Kepos Capital LP Hedge Fund•Global Macro | 3.07% $522.5K |
Wealthspring Capital LLC Hedge Fund•Event Driven | 2.22% $7.9M |
Tuttle Tactical Management LLC ETF Provider | 1.80% $418.0K |
PERISCOPE CAPITAL INC. Institution | 1.37% $5.0M |
Sandia Investment Management LP Hedge Fund•Event Driven | 1.33% $391.9K |
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | 1.02% $9.9M |
 Fort Baker Capital Management LP Hedge Fund•Quant Macro | 0.99% $4.7M |
Meteora Capital, LLC Hedge Fund•Event Driven | 0.97% $7.3M |
Hedge Fund Spotlight
Discover hedge funds investing in ALDF
Sandia Investment Management LP
Hedge Fund • Event Driven
Portfolio ManagerTimothy Joel Sichler
- Portfolio Value
- $29.5M
- Positions
- 80
- Last Reported
- Q3 2025
Sector Allocation
A
Position in Aldel Financial II Inc.
- Market Value
- $391.9K
- Shares Held
- 37.5K
- Portfolio Weight
- 1.33%
- Owned Since
- 2025-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Shell Companies Financial Services | $2.3M | 7.70% | |
Unknown Unknown | $1.9M | 6.38% | |
Unknown Unknown | $1.3M | 4.38% |
