Borealis Foods Inc.

BRLSW • NASDAQ

Borealis Foods Inc. is a food and kindred products company on NASDAQ. As of Q3 2025, 15 institutional investors hold shares in this company, with total holdings valued at $205.7K. ARISTEIA CAPITAL LLC is the largest holder with a position valued at $52.0K.

FOOD AND KINDRED PRODUCTS

Employees176.0

Websiteborealisfoods.com

Country

United States of America

Overview

Overview of institutional ownership in BRLSW as of Q3 2025

All Institutions

Institutions: 15
Value Held: $205.7K
Shares Held: 2.7M
Avg Position: $13.7K
Median Position: $11.4K

Hedge Funds

Hedge Funds: 11
Value Held: $161.6K
Shares Held: 2.1M
Avg Position: $14.7K
Median Position: $11.4K

Biggest Investors

Institutions with the largest positions in BRLSW as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy	Andrew Benjamin David COO	$52.0K 0.00% of portfolio	0.00% 691.1K shares	Q1 2024 Held for 1y 8m	$2.0B
D D. E. Shaw & Co., Inc. Institution	-	$23.0K 0.00% of portfolio	0.00% 300.0K shares	Q3 2025 Held for 2 months	$115.81B
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	Christopher Lazarus Gust CEO	$19.9K 0.00% of portfolio	0.00% 260.6K shares	Q1 2024 Held for 1y 8m	$1.5B
Y Yakira Capital Management, Inc. Hedge Fund•Event Driven	Bruce Mitchell Kallins President	$18.5K 0.01% of portfolio	0.00% 241.5K shares	Q4 2023 Held for 1y 11m	$243.3M
A ADAGE CAPITAL PARTNERS GP LLC Institution	-	$18.0K 0.00% of portfolio	0.00% 235.8K shares	Q4 2023 Held for 1y 11m	$63.0B
6 683 Capital Management, LLC Hedge Fund•Long/Short	Ari Jonathan Zweiman Managing Partner	$15.3K 0.00% of portfolio	0.00% 200.0K shares	Q2 2025 Held for 5 months	$1.1B
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy	Boaz Ronald Weinstein Founder	$12.6K 0.00% of portfolio	0.00% 166.9K shares	Q4 2023 Held for 1y 11m	$3.0B
Shaolin Capital Management LLC Hedge Fund•Multi-Strategy	David Barry Puritz CIO	$11.4K 0.00% of portfolio	0.00% 149.6K shares	Q4 2023 Held for 1y 11m	$449.9M
W WHITEBOX ADVISORS LLC Hedge Fund•Multi-Strategy	Robert Jacob Vogel CIO	$11.4K 0.00% of portfolio	0.00% 148.8K shares	Q1 2024 Held for 1y 8m	$1.3B
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy	Patrick William Galley CEO	$7.7K 0.00% of portfolio	0.00% 100.0K shares	Q2 2025 Held for 5 months	$1.7B

Net Capital Flow

Institutional buying and selling activity for BRLSW in Q3 2025

Traded: +$9.8K
Buyers: 1
Sellers: 4
Total Bought: +$23.0K
Total Sold: −$13.1K
Avg Position: $12.9K

Biggest Buyers

Institution	Net Bought	Current Position
D D. E. Shaw & Co., Inc. Institution	+$23.0K +- shares	$23.0K 300.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
UBS OCONNOR LLC Long Only Manager	−$6.3K −70.0K shares	Sold Off 0 shares
Shaolin Capital Management LLC Hedge Fund•Multi-Strategy	−$5.8K −75.4K shares	$11.4K 149.6K shares
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$808.1 −10.6K shares	$19.9K 260.6K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$250.8 −3.3K shares	$3.0K 39.4K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BRLSW in Q3 2025

New Positions: 1
New Value: $23.0K
Exited Positions: 1
Exited Value: $6.3K

New Positions

Institution	Position Value
D D. E. Shaw & Co., Inc. Institution	$23.0K 300.0K shares

Exited Positions

Institution	Previous Position
UBS OCONNOR LLC Long Only Manager	$6.3K 70.0K shares

Options Activity

Institutions with the largest Call and Put options positions in BRLSW as of Q3 2025

Call Positions: 2
Call Value: $121.8K
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
H Hartree Partners, LP Institution	$115.2K 11.5K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$6.6K 858.3 contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with BRLSW as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Y Yakira Capital Management, Inc. Hedge Fund•Event Driven	Bruce Mitchell Kallins President	0.01% $18.5K	0.00% 241.5K shares	Q4 2023 Held for 1y 11m	$243.3M
I Ionic Capital Management LLC Hedge Fund•Multi-Strategy	Bart Ethan Baum CIO	0.01% $5.4K	0.00% 70.0K shares	Q1 2025 Held for 8 months	$83.1M
Context Capital Management, LLC Hedge Fund•Convert Bond Arb	Michael Stuart Rosen CEO	0.00% $5.8K	0.00% 75.3K shares	Q1 2024 Held for 1y 8m	$187.8M
ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy	Andrew Benjamin David COO	0.00% $52.0K	0.00% 691.1K shares	Q1 2024 Held for 1y 8m	$2.0B
Shaolin Capital Management LLC Hedge Fund•Multi-Strategy	David Barry Puritz CIO	0.00% $11.4K	0.00% 149.6K shares	Q4 2023 Held for 1y 11m	$449.9M
6 683 Capital Management, LLC Hedge Fund•Long/Short	Ari Jonathan Zweiman Managing Partner	0.00% $15.3K	0.00% 200.0K shares	Q2 2025 Held for 5 months	$1.1B
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	Christopher Lazarus Gust CEO	0.00% $19.9K	0.00% 260.6K shares	Q1 2024 Held for 1y 8m	$1.5B
W WHITEBOX ADVISORS LLC Hedge Fund•Multi-Strategy	Robert Jacob Vogel CIO	0.00% $11.4K	0.00% 148.8K shares	Q1 2024 Held for 1y 8m	$1.3B
MARINER INVESTMENT GROUP LLC Hedge Fund•Multi-Strategy	Curtis Yates Arledge CEO	0.00% $1.8K	0.00% 23.3K shares	Q4 2023 Held for 1y 11m	$256.8M
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy	Patrick William Galley CEO	0.00% $7.7K	0.00% 100.0K shares	Q2 2025 Held for 5 months	$1.7B

Hedge Fund Spotlight

Discover hedge funds investing in BRLSW

683 Capital Management, LLC

Hedge Fund • Long/Short

Portfolio ManagerAri Jonathan Zweiman

Portfolio Value: $1.1B
Positions: 109
Last Reported: Q3 2025

Sector Allocation

Position in Borealis Foods Inc.

Market Value: $15.3K
Shares Held: 200.0K
Portfolio Weight: 0.00%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Capital One Financial COF	Financial - Credit Services Financial Services	$69.1M	6.52%
2 uniQure QURE	Biotechnology Healthcare	$62.5M	5.89%
3 Carvana CVNA	Specialty Retail Consumer Cyclical	$56.6M	5.34%