CDT · CDT Equity Inc. · Holdings

$0.44 -0.07 (-13.10%) At close · Nov 12

Market Cap

$451,117

1.02M

Volume · Nov 12 523.22K Avg daily vol (5 sessions) 6.68M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of CDT: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 20

Total Value: $262,983

Total Shares: 5,644,734

Institutional Ownership Trend

19 quarters

Holder Concentration

Across 23 13F filers with any position, options included

Top Holder

44.7%

of institutional value

Top 5

70.7%

of institutional value

Top 10

88.0%

of institutional value

HHI

2,276

Moderately concentrated

Who Holds CDT

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 21 filers, like-for-like change -0.2%; actively managed books -0.2%.

Holder type	Share	Filers	Change	New
Registered adviser	45.5%	9	0.0%	3
Exempt adviser	1.9%	1	0.0%	0
Bank	13.5%	1	0.0%	0
Holding company	0.0%	0	—	0
Non-US	0.0%	0	—	0
Insurer	0.0%	0	—	0
Broker-dealer	0.0%	0	—	0
Benefit plan	0.0%	0	—	0
Adviser	0.0%	0	—	0
Unknown	39.1%	10	-0.5%	4

Style	Share	Filers	Change	New
Index-like	0.0%	1	new	1
Systematic-like	28.3%	5	0.0%	2
Concentrated	16.8%	4	0.0%	2
Diversified active	55.0%	11	-0.4%	2
Not measured	0.0%	0	—	0
Unknown	0.0%	0	—	0

Turnover	Share	Filers	Change	New
Low turnover	2.7%	2	0.0%	1
Medium turnover	31.5%	5	0.0%	1
High turnover	56.3%	13	-0.4%	5
Unknown	9.6%	1	0.0%	0
Not measured	0.0%	0	—	0

Holding horizon	Share	Filers	Change	New
Short horizon	38.0%	7	0.0%	2
Medium horizon	15.2%	2	0.0%	0
Long horizon	20.6%	8	-1.0%	5
Unknown	26.2%	4	0.0%	0
Not measured	0.0%	0	—	0

13F book size	Share	Filers	Change	New
Under $1B	14.1%	4	0.0%	0
$1B to $10B	55.8%	10	0.0%	4
$10B to $100B	23.1%	2	0.0%	0
$100B or more	7.0%	5	-2.8%	3
Not measured	0.0%	0	—	0

Client base	Share	Filers	Change	New
Individuals and high net worth	0.0%	1	new	1
Pooled investment vehicles	41.9%	6	0.0%	1
Registered funds and BDCs	3.6%	2	0.0%	1
Diversified	0.0%	0	—	0
Insurance companies	0.0%	0	—	0
Governments and sovereign funds	0.0%	0	—	0
Other investment advisers	0.0%	0	—	0
Corporations	0.0%	0	—	0
Pension and profit sharing plans	0.0%	0	—	0
Unknown	54.5%	12	-0.4%	4

Private funds	Share	Filers	Change	New
Hedge funds	47.4%	9	0.0%	2
Mixed private funds	0.0%	0	—	0
No private funds	0.0%	1	new	1
Private funds, type not stated	0.0%	0	—	0
Real estate funds	0.0%	0	—	0
Other private funds	0.0%	0	—	0
Unknown	52.6%	11	-0.4%	4

Location	Share	Filers	Change	New	Exited
United States	47.8%	15	-0.4%	6	0
Outside the US	52.2%	6	0.0%	1	0

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Conviction and Crowding

8 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

0.000% of filers hold it in their top 10

Mar 31, 2026: 0

Holders above 5%

median weight 0.000%

Mar 31, 2026: 0

Crowding

3.14%

of shares outstanding, not ranked: fewer than 10 13F filers, too few to rank

Mar 31, 2026: 0.169%

Private-fund advisers

0.871%

of shares outstanding

Institutional ownership

3.49%

3.88% of the estimated free float

Top 10 holders

100.0%

of 13F shares, Herfindahl 0.214

Active holders

+138760.0%

like-for-like share change of active filers

5% stakes on record

1 13D, 2 13G (0 institutional, 2 passive, 0 exempt)

How long holders have held it value-weighted 1.5 quarters

Under 1 year 94.6% 1 to 3 years 5.37% 3 years or more 0.000% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$2.07

estimated per share

Quarter-end price

$0.56

implied by 13F values

Estimated gain or loss

-72.9%

price against the estimated cost

Estimated at a loss

100.0%

of costed 13F value

Estimated cost covers 94.6% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Shared Holders

Companies CDT's active holders also own, quarter ended Sep 30, 2025

#	Company	Shared holders	Similarity
1	SBC SBC Medical Group Holdings Inc	3	0.707
2	AACB Artius II Acquisition Inc.	3	0.378
3	TVA Texas Ventures Acquisition III Corp	3	0.361
4	IBAC IB Acquisition Corp.	3	0.354
5	MCGA Yorkville Acquisition Corp.	3	0.333
6	HVMC Highview Merger Corp.	3	0.327
7	GSRF GSR IV Acquisition Corp.	3	0.327
8	BACC Blue Acquisition Corp	3	0.327
9	KCHV Kochav Defense Acquisition Corp.	3	0.316
10	XRPNU Armada Acquisition Corp. II	3	0.316

Shareholder Targets

13F filers that own its peers but not CDT, quarter ended Sep 30, 2025

Found through its holder-overlap peers: SBC, AACB, TVA, IBAC, MCGA, HVMC, GSRF, BACC, KCHV, XRPNU, AXIN, BDCI. 143 filers in all.

#	Filer	In peers	Of book	Largest peers
1	AQR Arbitrage LLC Registered adviser, Diversified active	$122,433,529 11 held	4.76%	AACB, TVA, KCHV
2	Magnetar Financial LLC Registered adviser, Concentrated	$102,391,382 10 held	0.680%	KCHV, TVA, GSRF
3	Linden Advisors LP Registered adviser, Diversified active	$93,356,241 10 held	8.60%	KCHV, GSRF, TVA
4	GLAZER CAPITAL, LLC Registered adviser, Diversified active	$86,906,098 10 held	11.1%	GSRF, BDCI, AACB
5	TENOR CAPITAL MANAGEMENT Co., L.P. Registered adviser, Diversified active	$79,653,974 9 held	8.68%	TVA, XRPNU, BACC
6	Westchester Capital Management, LLC Registered adviser, Diversified active	$73,391,099 9 held	5.03%	BACC, KCHV, XRPNU
7	METEORA CAPITAL, LLC Adviser, Diversified active	$66,161,756 8 held	7.93%	BDCI, XRPNU, KCHV
8	LMR Partners LLP Exempt adviser, Systematic-like	$64,070,745 9 held	1.31%	GSRF, BDCI, TVA
9	TWO SIGMA INVESTMENTS, LP Registered adviser, Systematic-like	$63,138,259 10 held	0.100%	KCHV, TVA, AACB
10	Karpus Management, Inc. Adviser, Diversified active	$57,678,114 6 held	1.98%	IBAC, TVA, XRPNU

Fund Ownership of CDT by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0.00% of shares outstanding.

Fund type	Of shares outstanding	Shares	Funds
Index funds	0.00%	1	3
Index ETFs	0.00%	0	0
Active ETFs	0.00%	0	0
Active funds	0.00%	0	0
Unclassified	0.00%	0	0
All registered funds	0.00%	1	3

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Holder type: Registered adviser 8 Exempt adviser 1 Bank 1 Unknown 10

Showing 20 of 20

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

BOOTHBAY FUND MANAGEMENT, LLC CDTTW

$140,000

53.24%

250,000

CITADEL ADVISORS LLC

$18,085

6.88%

32,295

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	32,295	$18,085	100.0%	Defined

StoneX Group Inc.

$16,254

6.18%

11,952

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STONEX FINANCIAL INC.	11,952	$16,254	100.0%	Defined

Virtu Financial LLC

$15,256

5.80%

27,244

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Virtu Americas LLC	27,244	$15,256	100.0%	Defined

Polar Asset Management Partners Inc. CDTTW

$13,870

5.27%

950,000

Saba Capital Management, L.P. CDTTW

$12,546

4.77%

765,000

TORONTO DOMINION BANK CDTTW

$12,083

4.59%

755,191

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TD SECURITIES (USA) LLC	755,191	$12,082	100.0%	Defined

Clear Street Group Inc. CDTTW

$8,760

3.33%

534,162

XTX Topco Ltd

$7,232

2.75%

12,916

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	12,916	$7,232	100.0%	Defined

Decagon Asset Management LLP CDTTW

$6,560

2.49%

400,000

Tower Research Capital LLC (TRC)

$5,092

1.94%

9,095

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Tower Research Capital Investments LLC	2,679	$1,500	29.5%	Other
Latour Trading LLC (Latour)	6,416	$3,592	70.5%	Defined

D. E. Shaw & Co., Inc. CDTTW

$4,125

1.57%

375,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
D. E. SHAW & CO, L.P.	375,000	$4,125	100.0%	Defined

RIVERNORTH CAPITAL MANAGEMENT, LLC CDTTW

$2,360

0.90%

200,000

MILLENNIUM MANAGEMENT LLC CDTTW

$566

0.22%

34,500

SUSQUEHANNA INTERNATIONAL GROUP, LLP CDTTW

$194

0.07%

17,596

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
G1 EXECUTION SERVICES, LLC	17,596	$194	100.0%	Other

Periscope Capital Inc. CDTTW

—

105,000

SkyView Investment Advisors, LLC CDTTW

—

150,000

Context Capital Management, LLC CDTTW

—

128,500

WOLVERINE ASSET MANAGEMENT LLC CDTTW

—

186,283

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Wolverine Holdings, LLC	186,283	$0	—	Defined

MMCAP International Inc. SPC CDTTW

—

700,000

Key facts CIK 1896212 CUSIP 20678X700 13F (30d) 4 filings 2 filers Visit website Investor relations