Vine Hill Capital Investment Corp.

VCIC • XNAS

Vine Hill Capital Investment Corp. is a blank checks company on XNAS, with a market cap of $312.4M. As of Q3 2025, 72% of shares are held by 43 institutional investors, with ARISTEIA CAPITAL LLC as the largest holder at 6.02%.

Market Cap$312.4M

BLANK CHECKS

Overview

Overview of institutional ownership in VCIC as of Q3 2025 with a market cap of $314.2M

All Institutions

Institutions: 43
Value Held: $226.1M
Shares Held: 21.1M
Avg Position: $5.3M
Median Position: $2.8M

Hedge Funds

Hedge Funds: 26
Value Held: $143.1M
Shares Held: 13.4M
Avg Position: $5.5M
Median Position: $2.8M

Ownership Breakdown

Institutional (non-HF)

26.41%

$83.0M

Hedge Funds

45.55%

$143.1M

Retail & Other

28.03%

$88.1M

Based on market cap of $314.2M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in VCIC 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	$18.9M 0.94% of portfolio	6.02% 1.8M shares	Q4 2024 Held for 11 months	$2.0B
Magnetar Financial LLC Hedge Fund•Multi-Strategy	David Jay Snyderman CEO	$18.5M 0.12% of portfolio	5.88% 1.7M shares	Q2 2025 Held for 5 months	$15.4B
Vivaldi Asset Management, LLC Fund of Funds	Michael Dillon Peck CEO	$16.8M 1.11% of portfolio	5.34% 1.6M shares	Q4 2024 Held for 11 months	$1.5B
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy	Robin Rajendra Shah CIO	$13.5M 1.67% of portfolio	4.29% 1.3M shares	Q2 2025 Held for 5 months	$806.7M
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	Anand Christopher Parekh CEO	$13.4M 0.04% of portfolio	4.27% 1.3M shares	Q3 2025 Held for 2 months	$33.0B
D D. E. Shaw & Co., Inc. Institution	-	$11.7M 0.01% of portfolio	3.71% 1.1M shares	Q4 2024 Held for 11 months	$115.81B
H Harraden Circle Investments, LLC Hedge Fund•Event Driven	Frederick Vincent Fortmiller Jr Managing Partner	$11.5M 2.42% of portfolio	3.68% 1.1M shares	Q3 2025 Held for 2 months	$476.2M
H Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp Institution	-	$10.5M 0.11% of portfolio	3.34% 980.0K shares	Q2 2025 Held for 5 months	$9.7B
CNH PARTNERS LLC Hedge Fund•Multi-Strategy	Herbert James Willcox CCO	$10.3M 0.38% of portfolio	3.29% 964.7K shares	Q4 2024 Held for 11 months	$2.7B
Calamos Advisors LLC Long Only Manager	John Spiro Koudounis CEO	$9.9M 0.06% of portfolio	3.15% 925.0K shares	Q1 2025 Held for 8 months	$17.0B

Net Capital Flow

Institutional buying and selling activity for VCIC in Q3 2025

Traded: −$4.1M
Buyers: 12
Sellers: 27
Total Bought: +$43.7M
Total Sold: −$47.7M
Avg Position: $4.3M

Biggest Buyers

Institution	Net Bought	Current Position
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$13.4M +1.3M shares	$13.4M 1.3M shares
H Harraden Circle Investments, LLC Hedge Fund•Event Driven	+$11.5M +1.1M shares	$11.5M 1.1M shares
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy	+$5.5M +509.2K shares	$13.5M 1.3M shares
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy	+$4.7M +438.0K shares	$9.5M 888.0K shares
G Gillson Capital LP Hedge Fund•Long/Short	+$2.8M +261.2K shares	$2.8M 261.2K shares
Governors Lane LP Hedge Fund•Event Driven	+$2.1M +200.0K shares	$2.1M 200.0K shares
Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy	+$2.1M +196.5K shares	$2.7M 252.6K shares
Diametric Capital, LP Hedge Fund•Long/Short	+$535.5K +50.0K shares	$535.5K 50.0K shares
INTL FCSTONE INC. Institution	+$491.5K +45.9K shares	$491.5K 45.9K shares
JPMORGAN CHASE & CO Institution	+$265.6K +24.8K shares	$265.6K 24.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$13.3M −1.2M shares	$1.5M 136.3K shares
Westchester Capital Management, LLC Hedge Fund•Merger Arb	−$4.0M −373.5K shares	$7.7M 722.0K shares
P PICTON MAHONEY ASSET MANAGEMENT Institution	−$3.3M −311.4K shares	$4.7M 438.6K shares
CNH PARTNERS LLC Hedge Fund•Multi-Strategy	−$3.2M −299.7K shares	$10.3M 964.7K shares
UBS OCONNOR LLC Long Only Manager	−$2.6M −250.0K shares	Sold Off 0 shares
Vivaldi Asset Management, LLC Fund of Funds	−$2.5M −234.7K shares	$16.8M 1.6M shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$2.3M −212.1K shares	$748.7K 69.9K shares
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	−$2.2M −210.1K shares	$2.6M 240.0K shares
TORONTO DOMINION BANK Institution	−$2.1M −197.8K shares	$929.0K 86.7K shares
Meteora Capital, LLC Hedge Fund•Event Driven	−$2.1M −200.0K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 8
New Value: $31.4M
Exited Positions: 9
Exited Value: $9.8M

New Positions

Institution	Position Value
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	$13.4M 1.3M shares
H Harraden Circle Investments, LLC Hedge Fund•Event Driven	$11.5M 1.1M shares
G Gillson Capital LP Hedge Fund•Long/Short	$2.8M 261.2K shares
Governors Lane LP Hedge Fund•Event Driven	$2.1M 200.0K shares
Diametric Capital, LP Hedge Fund•Long/Short	$535.5K 50.0K shares
INTL FCSTONE INC. Institution	$491.5K 45.9K shares
JPMORGAN CHASE & CO Institution	$265.6K 24.8K shares
SPRINGBOK CAPITAL MANAGEMENT, LLC Fund of Funds	$209.5K 19.6K shares

Exited Positions

Institution	Previous Position
UBS OCONNOR LLC Long Only Manager	$2.6M 250.0K shares
Meteora Capital, LLC Hedge Fund•Event Driven	$2.1M 200.0K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$2.0M 187.8K shares
Wealthspring Capital LLC Hedge Fund•Event Driven	$1.0M 98.4K shares
W Warberg Asset Management LLC Hedge Fund•Multi-Strategy	$875.2K 84.2K shares
Q Quarry LP Institution	$525.2K 50.5K shares
Sandia Investment Management LP Hedge Fund•Event Driven	$525.2K 50.5K shares
ROBINSON CAPITAL MANAGEMENT, LLC Long Only Manager	$262.9K 25.3K shares
UBS Group AG Institution	$31.0 3.0 shares

Options Activity

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

Call Positions: 1
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
DLD Asset Management, LP Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
H Harraden Circle Investments, LLC Hedge Fund•Event Driven	Frederick Vincent Fortmiller Jr Managing Partner	2.42% $11.5M	3.68% 1.1M shares	Q3 2025 Held for 2 months	$476.2M
GRITSTONE ASSET MANAGEMENT LLC Hedge Fund•Sector	Justin George De Orellana Cressall Managing Partner	2.25% $2.1M	0.67% 196.9K shares	Q4 2024 Held for 11 months	$93.9M
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy	Robin Rajendra Shah CIO	1.67% $13.5M	4.29% 1.3M shares	Q2 2025 Held for 5 months	$806.7M
Vivaldi Asset Management, LLC Fund of Funds	Michael Dillon Peck CEO	1.11% $16.8M	5.34% 1.6M shares	Q4 2024 Held for 11 months	$1.5B
LINDEN ADVISORS LP Hedge Fund•Multi-Strategy	Siu Min (Joe) Wong CEO	0.98% $9.5M	3.03% 888.0K shares	Q1 2025 Held for 8 months	$971.4M
Kepos Capital LP Hedge Fund•Global Macro	Robert Bruce Litterman Chairman	0.94% $160.7K	0.05% 15.0K shares	Q4 2024 Held for 11 months	$17.0M
ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy	Andrew Benjamin David COO	0.94% $18.9M	6.02% 1.8M shares	Q4 2024 Held for 11 months	$2.0B
PERISCOPE CAPITAL INC. Institution	Scott Allen Hayes President	0.81% $2.9M	0.94% 275.0K shares	Q4 2024 Held for 11 months	$363.3M
Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy	Steve Brett Katznelson CIO	0.60% $2.7M	0.86% 252.6K shares	Q4 2024 Held for 11 months	$452.3M
BERKLEY W R CORP Institution	W. Robert Berkley, Jr. CEO	0.57% $8.6M	2.73% 799.4K shares	Q4 2024 Held for 11 months	$1.5B