DRDBW · Roman DBDR Acquisition Corp. II · Holdings
Substantial doubt about the company's ability to continue as a going concern.
“Management has determined that we currently lack the liquidity needed to sustain operations for a reasonable period of time, which is considered to be at least one year from the date that the unaudited condensed financial statements and the notes thereto included in the Report under Item 1. "Financial Statements" are issued, as we expect to continue to incur significant costs in pursuit of our acquisition plans. In addition, Management has determined that if we are unable to complete an initial Business Combination within the Completion Window, then we will cease all operations except for the purpose of liquidating. These conditions raise substantial doubt about our ability to continue as a going concern.”View the 10-Q filed Aug 6, 2026
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.
Institutional Ownership Trend
Holder Concentration
Across 37 13F filers · Δ vs Mar 31, 2026Who Holds DRDBW
Last 6 quarters through Jun 30, 2026Each 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: 36 filers, like-for-like change -0.6%; actively managed books -0.6%.
| Holder type | Share | Filers | Change |
|---|---|---|---|
| Registered adviser | 73.9% | 23 | -1.6% |
| Exempt adviser | 6.6% | 2 | 0.0% |
| Adviser | 3.5% | 2 | -0.2% |
| Bank | 5.2% | 1 | -0.3% |
| Non-US | 5.5% | 2 | 0.0% |
| Broker-dealer | 0.0% | 0 | — |
| Unknown | 5.4% | 6 | +13.2% |
| Style | Share | Filers | Change |
|---|---|---|---|
| Systematic-like | 2.4% | 2 | 0.0% |
| Concentrated | 5.0% | 2 | 0.0% |
| Diversified active | 92.6% | 32 | -0.7% |
| Not measured | 0.0% | 0 | — |
| Unknown | 0.0% | 0 | — |
| Turnover | Share | Filers | Change |
|---|---|---|---|
| Low turnover | 0.2% | 1 | new |
| Medium turnover | 53.3% | 18 | -0.2% |
| High turnover | 45.9% | 15 | -1.6% |
| Unknown | 0.6% | 2 | 0.0% |
| Not measured | 0.0% | 0 | — |
| Holding horizon | Share | Filers | Change |
|---|---|---|---|
| Short horizon | 46.6% | 15 | -1.6% |
| Medium horizon | 15.7% | 4 | +1.5% |
| Long horizon | 13.2% | 6 | +5.8% |
| Unknown | 24.5% | 11 | -3.3% |
| Not measured | 0.0% | 0 | — |
| 13F book size | Share | Filers | Change |
|---|---|---|---|
| Under $1B | 38.5% | 13 | -3.4% |
| $1B to $10B | 34.4% | 13 | +2.2% |
| $10B to $100B | 23.8% | 8 | -0.1% |
| $100B or more | 3.3% | 2 | 0.0% |
| Not measured | 0.0% | 0 | — |
| Client base | Share | Filers | Change |
|---|---|---|---|
| Pooled investment vehicles | 67.3% | 19 | -1.8% |
| Registered funds and BDCs | 6.5% | 3 | -0.1% |
| Diversified | 0.0% | 1 | 0.0% |
| Unknown | 26.1% | 13 | +2.4% |
| Private funds | Share | Filers | Change |
|---|---|---|---|
| Hedge funds | 71.0% | 21 | -1.7% |
| Private funds, type not stated | 4.8% | 1 | 0.0% |
| No private funds | 4.6% | 3 | -0.1% |
| Private equity funds | 0.0% | 0 | — |
| Unknown | 19.5% | 11 | +3.2% |
| Location | Share | Filers | Change |
|---|---|---|---|
| United States | 83.7% | 31 | -0.7% |
| Outside the US | 16.3% | 5 | -0.1% |
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
36 13F filers, quarter ended Jun 30, 2026Measured 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.
Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).
Shared Holders
Companies DRDBW's active holders also own, quarter ended Jun 30, 2026| # | Company | Shared holders |
|---|---|---|
| 1 | ANSC Agriculture & Natural Solutions Acquisition Corp | 18 |
| 2 | SOUL Soulpower Acquisition Corp. | 16 |
| 3 | DAAQ Digital Asset Acquisition Corp. | 13 |
| 4 | SZZL Sizzle Acquisition Corp. II | 15 |
| 5 | IPCX Inflection Point Acquisition Corp. III | 14 |
| 6 | KOYN CSLM Digital Asset Acquisition Corp III, Ltd | 13 |
| 7 | NPAC New Providence Acquisition Corp. III | 14 |
| 8 | SAGU Shreya Acquisition Group | 9 |
| 9 | CCAQ Collective Acquisition Corp. | 12 |
| 10 | MLAA Mountain Lake Acquisition Corp. II | 14 |
Shareholder Targets
13F filers that own its peers but not DRDBW, quarter ended Jun 30, 2026Found through its holder-overlap peers: ANSC, SOUL, DAAQ, SZZL, IPCX, KOYN, NPAC, SAGU, CCAQ, MLAA, DMAA, FERA, AXIN, TACO, APXT, GIX, FACT, WENN, EVAC, POLE. 84 filers in all.
| # | Filer | In peers | Largest peers |
|---|---|---|---|
| 1 | Alberta Investment Management Corp Non-US, Concentrated | $144,990,990 16 held | POLE, MLAA, EVAC |
| 2 | Polar Asset Management Partners Inc. Registered adviser, Systematic-like | $113,899,596 18 held | POLE, DMAA, TACO |
| 3 | MMCAP International Inc. SPC Unknown, Diversified active | $82,449,728 6 held | NPAC, FERA, IPCX |
| 4 | MILLENNIUM MANAGEMENT LLC Registered adviser, Systematic-like | $66,669,849 14 held | GIX, EVAC, MLAA |
| 5 | ADAGE CAPITAL PARTNERS GP, L.L.C. Registered adviser, Diversified active | $59,239,570 3 held | APXT, MLAA, EVAC |
| 6 | Wealthspring Capital LLC Registered adviser, Diversified active | $55,872,200 13 held | FACT, KOYN, NPAC |
| 7 | Governors Lane LP Registered adviser, Diversified active | $51,077,054 7 held | TACO, FERA, NPAC |
| 8 | Context Capital Management, LLC Registered adviser, Diversified active | $43,247,775 15 held | SZZL, SOUL, WENN |
| 9 | Centiva Capital, LP Registered adviser, Diversified active | $40,319,209 13 held | TACO, WENN, APXT |
| 10 | Mint Tower Capital Management B.V. Unknown, Diversified active | $34,503,963 11 held | GIX, NPAC, IPCX |
Quarterly Activity
New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.
Top Buyers
vs Mar 31, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Mid StoneX Group Inc. | +78,096 | 118,894 | |
| Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC | +22,621 | 147,371 | |
| Mid AQR Arbitrage LLC | +1,319 | 567,396 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Small Nokomis Capital, L.L.C. | −86,744 | 78,473 | |
| Mid Shaolin Capital Management LLC | −43,262 | 406,155 | |
| Large TORONTO DOMINION BANK | −1,400 | 544,754 | |
| Mid METEORA CAPITAL, LLC | −867 | 333,449 | |
| Small Bulldog Investors, LLP | −706 | 337,810 |
Top New Positions
vs Mar 31, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Small Rangeley Capital, LLC | 1,083 | $11,409 | |
| Small SkyView Investment Advisors, LLC | 25,000 | $0 |
Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Small HEIGHTS CAPITAL MANAGEMENT, INC | 37,500 | $7,965 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Small Harraden Circle Investments, LLC Registered adviser DRDBW | $451,601 | 19.93% | 1,835,778 | Shares | 2026-08-14 | |
| Mid ARISTEIA CAPITAL, L.L.C. Registered adviser DRDBW | $138,827 | 6.13% | 617,011 | Shares | 2026-08-14 | |
| Large TORONTO DOMINION BANK Bank DRDBW | $134,009 | 5.91% | 544,754 | Shares | 2026-08-14 | |
| Large LMR Partners LLP Exempt adviser DRDBW | $124,251 | 5.48% | 505,087 | Shares | 2026-08-14 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. Registered adviser DRDBW | $124,230 | 5.48% | 505,000 | Shares | 2026-08-14 | |
| Mid AQR Arbitrage LLC Registered adviser DRDBW | $113,479 | 5.01% | 567,396 | Shares | 2026-08-14 | |
| Large Magnetar Financial LLC Registered adviser DRDBW | $100,000 | 4.41% | 500,000 | Shares | 2026-08-14 | |
| Mid Shaolin Capital Management LLC Registered adviser DRDBW | $99,914 | 4.41% | 406,155 | Shares | 2026-08-14 | |
| Mid Fort Baker Capital Management LP Registered adviser DRDBW | $99,094 | 4.37% | 402,823 | Shares | 2026-08-14 | |
| Large Walleye Capital LLC Registered adviser DRDBW | $89,488 | 3.95% | 363,771 | Shares | 2026-08-03 | |
| Small Bulldog Investors, LLP Registered adviser DRDBW | $83,101 | 3.67% | 337,810 | Shares | 2026-08-14 | |
| Mid METEORA CAPITAL, LLC Adviser DRDBW | $82,028 | 3.62% | 333,449 | Shares | 2026-08-14 | |
| Large HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Non-US DRDBW | $75,000 | 3.31% | 375,000 | Shares | 2026-08-13 | |
| Mid WHITEBOX ADVISORS LLC Registered adviser DRDBW | $49,200 | 2.17% | 200,000 | Shares | 2026-08-14 | |
| Mega BNP PARIBAS ARBITRAGE, SA Non-US DRDBW | $49,129 | 2.17% | 199,710 | Shares | 2026-08-13 | |
| Mid Periscope Capital Inc. Exempt adviser DRDBW | $46,740 | 2.06% | 190,000 | Shares | 2026-08-11 | |
| Mid Saba Capital Management, L.P. Registered adviser DRDBW | $42,868 | 1.89% | 174,262 | Shares | 2026-08-14 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC Registered adviser DRDBW | $39,240 | 1.73% | 200,000 | Shares | 2026-08-14 | |
| Mid CSS LLC/IL DRDBW | $34,594 | 1.53% | 140,625 | Shares | 2026-08-14 | |
| Mid Linden Advisors LP Registered adviser DRDBW | $33,750 | 1.49% | 150,000 | Shares | 2026-08-14 | |
| Large Hudson Bay Capital Management LP Registered adviser DRDBW | $31,388 | 1.39% | 156,939 | Shares | 2026-08-14 | |
| Mega D. E. Shaw & Co., Inc. DRDBW | $30,000 | 1.32% | 150,000 | Shares | 2026-08-14 | |
| Mid Westchester Capital Management, LLC Registered adviser DRDBW | $30,000 | 1.32% | 149,998 | Shares | 2026-08-14 | |
| Mid StoneX Group Inc. DRDBW | $27,534 | 1.22% | 118,894 | Shares | 2026-08-12 | |
| Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC Registered adviser DRDBW | $27,043 | 1.19% | 147,371 | Principal | 2026-08-14 | |
| Small K2 PRINCIPAL FUND, L.P. DRDBW | $25,899 | 1.14% | 103,595 | Shares | 2026-08-07 | |
| Mid MOORE CAPITAL MANAGEMENT, LP Registered adviser DRDBW | $24,600 | 1.09% | 100,000 | Shares | 2026-08-14 | |
| Small DLD Asset Management, LP Registered adviser DRDBW | $24,477 | 1.08% | 99,499 | Shares | 2026-08-13 | |
| Small Rangeley Capital, LLC Registered adviser DRDBW | $11,409 | 0.50% | 1,083 | Shares | 2026-08-14 | |
| Small Lineage Point Capital LP Adviser DRDBW | $8,722 | 0.38% | 35,454 | Shares | 2026-08-14 | |
| Large Schonfeld Strategic Advisors LLC Registered adviser DRDBW | $7,380 | 0.33% | 30,000 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. DRDBW | $6,323 | 0.28% | 25,703 | Shares | 2026-08-12 | |
| Micro Kepos Capital LP Registered adviser DRDBW | $196 | 0.01% | 795,550 | Shares | 2026-08-13 | |
| Small LONGFELLOW INVESTMENT MANAGEMENT CO LLC Registered adviser DRDBW | $56 | 0.00% | 227 | Shares | 2026-08-06 | |
| Mid GLAZER CAPITAL, LLC Registered adviser DRDBW | $25 | 0.00% | 100,000 | Shares | 2026-08-17 | |
| Small SkyView Investment Advisors, LLC DRDBW | — | — | 25,000 | Shares | 2026-09-15 | |
| Small Nokomis Capital, L.L.C. Registered adviser DRDBW | — | — | 78,473 | Shares | 2026-08-21 |