| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| WOLVERINE ASSET MANAGEMENT LLC | 9% | +15% | $16,069,623 | +$2,089,212 | 1,557,134 | +15% | WOLVERINE ASSET MANAGEMENT LLC | 30 Sep 2025 |
| AQR CAPITAL MANAGEMENT LLC | 6.4% | -25% | $11,087,889 | -$3,880,911 | 1,099,989 | -26% | AQR Capital Management, LLC | 31 Mar 2025 |
| BANK OF MONTREAL /CAN/ | 4.6% | -19% | $8,240,000 | -$2,060,000 | 800,000 | -20% | Bank of Montreal | 30 Jun 2025 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 2.3% | -58% | $4,032,000 | -$5,040,000 | 400,000 | -56% | Healthcare of Ontario Pension Plan Trust Fund | 31 Mar 2025 |
As of 31 Dec 2025, 23 institutional investors reported holding 6,672,459 shares of Translational Development Acquisition Corp. - Class A ordinary shares, par value $0.0001 per share (TDAC). This represents 39% of the company’s total 17,244,009 outstanding shares.
The largest institutional shareholders of Translational Development Acquisition Corp. - Class A ordinary shares, par value $0.0001 per share (TDAC) together control 40% 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 |
|---|---|---|---|---|---|
| WOLVERINE ASSET MANAGEMENT LLC | 7.9% | 1,367,115 | -12% | 0.2% | $14,341,036 |
| Hudson Bay Capital Management LP | 3.8% | 650,000 | 0% | 0.04% | $6,818,500 |
| First Trust Capital Management L.P. | 3.8% | 649,998 | 0% | 0.41% | $6,818,479 |
| PICTON MAHONEY ASSET MANAGEMENT | 2.8% | 475,002 | 0% | 0.05% | $4,975,646 |
| Periscope Capital Inc. | 2.3% | 400,090 | 0% | 0.81% | $4,190,943 |
| Glazer Capital, LLC | 2.3% | 399,797 | -3.3% | 0.11% | $4,182,000 |
| GOLDMAN SACHS GROUP INC | 2.2% | 385,010 | 0% | 0% | $4,027,205 |
| MIZUHO SECURITIES USA LLC | 2.1% | 366,110 | +0.86% | 0.06% | $3,789,239 |
| MMCAP International Inc. SPC | 2% | 350,000 | 0% | 0.37% | $3,671,500 |
| Westchester Capital Management, LLC | 1.4% | 248,852 | 0% | 0.12% | $2,610,458 |
| Wealthspring Capital LLC | 1.2% | 207,230 | 0% | 0.51% | $2,167,626 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 1.2% | 200,000 | 0% | 0.01% | $2,095,000 |
| Verition Fund Management LLC | 1.1% | 191,535 | -5% | 0.01% | $2,009,202 |
| L1 Global Manager Pty Ltd | 1% | 175,000 | 0% | 1.2% | $1,835,750 |
| BERKLEY W R CORP | 1% | 173,530 | 0% | 0.1% | $1,815,124 |
| Centiva Capital, LP | 0.87% | 150,000 | 0% | 0.1% | $1,573,500 |
| DLD Asset Management, LP | 0.55% | 94,853 | 0% | 0.1% | $995,008 |
| GRITSTONE ASSET MANAGEMENT LLC | 0.49% | 83,651 | 0% | 0.84% | $877,499 |
| Warberg Asset Management LLC | 0.43% | 73,422 | 0% | 0.23% | $769,095 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.1% | 16,554 | 0% | 0% | $173,651 |
| UBS Group AG | 0.07% | 12,683 | -63% | 0% | $132,664 |
| Clear Street Group Inc. | 0.01% | 1,969 | 0% | 0% | $20,655 |
| MORGAN STANLEY | 0% | 58 | +383% | 0% | $607 |
| Karpus Management, Inc. | 0% | 0 | -100% | $0 | |
| Crossingbridge Advisors, LLC | 1.4% | 250,000 | 0% | $250,000 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 6,672,459 | $69,890,387 | -$8,809,193 | $10.49 | 23 |
| 2025 Q3 | 15,031,948 | $155,536,911 | +$15,253,748 | $10.35 | 40 |
| 2025 Q2 | 13,959,688 | $142,484,311 | +$30,107,600 | $10.27 | 38 |
| 2025 Q1 | 11,160,102 | $112,476,282 | +$112,476,282 | $10.08 | 30 |