| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Aldel Investors II LLC | 20% | $61,086,961 | 6,048,214 | Robert I. Kauffman | 23 Oct 2024 | |||
| Harraden Circle Investments, LLC | 9.9% | +45% | $24,570,960 | +$7,837,479 | 2,351,288 | +47% | Harraden Circle Investments, LLC | 30 Sep 2025 |
| AQR CAPITAL MANAGEMENT LLC | 7.6% | $22,858,158 | 2,263,184 | AQR Capital Management, LLC | 31 Dec 2024 | |||
| Magnetar Financial LLC | 8.3% | $19,921,580 | 1,899,102 | MAGNETAR FINANCIAL LLC | 31 Dec 2025 | |||
| Hudson Bay Capital Management LP | 4.8% | -21% | $15,210,500 | 1,450,000 | 0% | Hudson Bay Capital Management LP | 30 Jun 2025 | |
| LMR Partners LLP | 5.1% | $12,120,000 | 1,200,000 | LMR Partners LLP | 31 Mar 2025 | |||
| Westchester Capital Management, LLC | 4.9% | -2.2% | $12,162,610 | -$262,250 | 1,159,448 | -2.1% | Westchester Capital Management, LLC | 30 Jun 2025 |
| BARCLAYS PLC | 3.8% | -33% | $9,480,862 | -$4,970,624 | 903,800 | -34% | Barclays PLC | 30 Jun 2025 |
As of 31 Dec 2025, 49 institutional investors reported holding 23,012,338 shares of Aldel Financial II Inc. - Class A ordinary shares, par value $0.0001 (ALDF). This represents 100% of the company’s total 22,991,550 outstanding shares.
The largest institutional shareholders of Aldel Financial II Inc. - Class A ordinary shares, par value $0.0001 (ALDF) together control 89% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Harraden Circle Investments, LLC | 10% | 2,351,288 | 0% | 4.5% | $24,665,011 |
| Magnetar Financial LLC | 8.3% | 1,899,098 | 0% | 0.2% | $19,959,520 |
| AQR Arbitrage LLC | 7% | 1,614,870 | 0% | 0.36% | $16,972,284 |
| LMR Partners LLP | 5.2% | 1,200,000 | 0% | 0.12% | $12,588,000 |
| Westchester Capital Management, LLC | 5% | 1,159,448 | 0% | 0.57% | $12,185,798 |
| Hudson Bay Capital Management LP | 4.8% | 1,100,000 | 0% | 0.07% | $11,561,000 |
| Linden Advisors LP | 4.1% | 950,000 | 0% | 0.06% | $9,984,500 |
| Ghisallo Capital Management LLC | 3.9% | 900,000 | 0% | 0.42% | $9,459,000 |
| D. E. Shaw & Co., Inc. | 3.8% | 880,057 | 0% | 0.01% | $9,249,399 |
| METEORA CAPITAL, LLC | 3.4% | 777,447 | +11% | 0.68% | $8,155,419 |
| PICTON MAHONEY ASSET MANAGEMENT | 3.3% | 750,000 | 0% | 0.09% | $7,867,500 |
| Wealthspring Capital LLC | 3.2% | 728,601 | -3.4% | 1.8% | $7,643,024 |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 3% | 699,234 | 0% | 0.1% | $7,334,965 |
| GOLDMAN SACHS GROUP INC | 2.6% | 605,314 | 0% | 0% | $6,349,744 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | 2.6% | 599,023 | -0.08% | 0.3% | $6,283,751 |
| TWO SIGMA INVESTMENTS, LP | 2.2% | 500,000 | 0% | 0.01% | $5,245,000 |
| Fort Baker Capital Management LP | 2% | 454,193 | 0% | 0.53% | $4,764,485 |
| Glazer Capital, LLC | 1.9% | 433,895 | -4.3% | 0.12% | $4,552,000 |
| BERKLEY W R CORP | 1.8% | 425,000 | 0% | 0.25% | $4,458,250 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 1.7% | 400,000 | 0.02% | $4,196,000 | |
| WHITEBOX ADVISORS LLC | 1.7% | 400,000 | 0% | 0.07% | $4,196,000 |
| TORONTO DOMINION BANK | 1.7% | 400,000 | -5.4% | 0.01% | $4,196,000 |
| GRITSTONE ASSET MANAGEMENT LLC | 1.7% | 394,214 | 0% | 3.9% | $4,135,305 |
| Radcliffe Capital Management, L.P. | 1.6% | 370,459 | +12% | 0.21% | $3,886,115 |
| Periscope Capital Inc. | 1.6% | 370,081 | -22% | 0.75% | $3,882,150 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 23,012,338 | $241,573,513 | +$6,492,549 | $10.49 | 49 |
| 2025 Q3 | 22,233,731 | $232,329,255 | +$12,332,744 | $10.45 | 47 |
| 2025 Q2 | 20,967,531 | $219,766,474 | +$39,663,030 | $10.49 | 46 |
| 2025 Q1 | 17,892,877 | $180,684,008 | +$86,821,167 | $10.11 | 36 |
| 2024 Q4 | 9,315,865 | $92,532,600 | +$91,539,600 | $9.93 | 20 |