KOYNU · CSLM Digital Asset Acquisition Corp III, Ltd · Holdings
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt about the Company's ability to continue as a going concern one year from the issuance date of the financial statements. Management plans to address this uncertainty through an initial Business Combination or through Working Capital Loans (defined in Note 6). There is no assurance that the Company's plans to raise capital or to consummate an initial Business Combination will be successful within the Completion Window. These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern one year from the date these financial statements are issued. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.”View the 10-Q filed Aug 13, 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
Who Holds KOYNU
Last 4 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: 11 filers, like-for-like change -13.9%; actively managed books -13.9%.
| Holder type | Share | Filers | Change |
|---|---|---|---|
| Registered adviser | 23.0% | 3 | -41.6% |
| Exempt adviser | 48.3% | 1 | 0.0% |
| Bank | 4.4% | 3 | 0.0% |
| Benefit plan | 17.6% | 1 | 0.0% |
| Non-US | 4.4% | 1 | 0.0% |
| Unknown | 2.4% | 2 | +8.7% |
| Style | Share | Filers | Change |
|---|---|---|---|
| Systematic-like | 48.3% | 1 | -24.1% |
| Concentrated | 0.8% | 1 | +35.2% |
| Diversified active | 51.0% | 9 | -1.9% |
| Not measured | 0.0% | 0 | — |
| Turnover | Share | Filers | Change |
|---|---|---|---|
| Low turnover | 2.2% | 1 | 0.0% |
| Medium turnover | 38.5% | 5 | -2.5% |
| High turnover | 58.6% | 4 | -20.8% |
| Unknown | 0.8% | 1 | +35.2% |
| Not measured | 0.0% | 0 | — |
| Holding horizon | Share | Filers | Change |
|---|---|---|---|
| Short horizon | 28.1% | 5 | -36.5% |
| Medium horizon | 48.3% | 1 | 0.0% |
| Long horizon | 23.6% | 5 | 0.0% |
| Unknown | 0.0% | 0 | — |
| Not measured | 0.0% | 0 | — |
| 13F book size | Share | Filers | Change |
|---|---|---|---|
| Under $1B | 5.5% | 2 | -15.3% |
| $1B to $10B | 70.1% | 3 | -18.0% |
| $10B to $100B | 20.5% | 3 | +1.0% |
| $100B or more | 3.8% | 3 | -0.2% |
| Not measured | 0.0% | 0 | — |
| Client base | Share | Filers | Change |
|---|---|---|---|
| Pooled investment vehicles | 5.4% | 2 | -75.0% |
| Registered funds and BDCs | 17.6% | 1 | 0.0% |
| Other investment advisers | 0.0% | 0 | — |
| Unknown | 77.0% | 8 | +0.2% |
| Private funds | Share | Filers | Change |
|---|---|---|---|
| Hedge funds | 5.4% | 2 | -75.0% |
| Private funds, type not stated | 48.3% | 1 | 0.0% |
| No private funds | 17.6% | 1 | 0.0% |
| Private equity funds | 0.0% | 0 | — |
| Unknown | 28.7% | 7 | +0.7% |
| Location | Share | Filers | Change |
|---|---|---|---|
| United States | 27.6% | 6 | -2.9% |
| Outside the US | 72.4% | 5 | -17.5% |
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
11 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).
Estimated Holder Cost Basis
Quarter ended Jun 30, 2026, on that quarter's share basisEstimated, 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 cost covers 99.2% 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 KOYNU's active holders also own, quarter ended Jun 30, 2026| # | Company | Shared holders |
|---|---|---|
| 1 | CRAC Crown Reserve Acquisition Corp. I | 5 |
| 2 | WENN WEN Acquisition Corp | 7 |
| 3 | VNME Vendome Acquisition Corp I | 7 |
| 4 | APXT Apex Treasury Corp | 8 |
| 5 | CRAQ Cal Redwood Acquisition Corp. | 5 |
| 6 | LAFA LaFayette Acquisition Corp. | 6 |
| 7 | HAVA Harvard Ave Acquisition Corp | 4 |
| 8 | CCAQ Collective Acquisition Corp. | 6 |
| 9 | CRAN Crane Harbor Acquisition Corp. II | 5 |
| 10 | TVAI Thayer Ventures Acquisition Corp II | 5 |
Shareholder Targets
13F filers that own its peers but not KOYNU, quarter ended Jun 30, 2026Found through its holder-overlap peers: CRAC, WENN, VNME, APXT, CRAQ, LAFA, HAVA, CCAQ, CRAN, TVAI, SCII, DRDB, SZZL, KCHV, OYSE, LKSP, TACO, POLE, ANSC, RDAG. 67 filers in all.
| # | Filer | In peers | Largest peers |
|---|---|---|---|
| 1 | METEORA CAPITAL, LLC Adviser, Diversified active | $127,967,869 13 held | RDAG, CRAN, CRAQ |
| 2 | MIZUHO SECURITIES USA LLC Unknown, Index-like | $116,426,328 19 held | ANSC, DRDB, CRAC |
| 3 | ADAGE CAPITAL PARTNERS GP, L.L.C. Registered adviser, Diversified active | $49,963,500 2 held | CRAN, APXT |
| 4 | GOLDMAN SACHS GROUP INC Holding company, Index-like | $46,734,468 12 held | POLE, ANSC, KCHV |
| 5 | MMCAP International Inc. SPC Unknown, Diversified active | $43,376,300 5 held | RDAG, WENN, CRAN |
| 6 | MANGROVE PARTNERS IM, LLC Registered adviser, Diversified active | $35,209,007 7 held | HAVA, CCAQ, SZZL |
| 7 | Mint Tower Capital Management B.V. Unknown, Diversified active | $24,720,159 10 held | LAFA, TACO, WENN |
| 8 | RiverPark Advisors, LLC Registered adviser, Diversified active | $23,431,358 5 held | SZZL, KCHV, ANSC |
| 9 | Saba Capital Management, L.P. Registered adviser, Diversified active | $20,197,340 2 held | RDAG, WENN |
| 10 | CSS LLC/IL Unknown, Diversified active | $19,530,618 6 held | WENN, LKSP, TACO |
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 |
|---|---|---|---|
| Large Clear Street Group Inc. | +4,482 | 17,210 | |
| Mega UBS Group AG | +33 | 309 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Small Rangeley Capital, LLC | −22,852 | 26,092 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP | −195 | 36,625 | |
| Mega JPMORGAN CHASE & CO | −11 | 50,068 |
Top New Positions
vs Mar 31, 2026Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Mid Polar Asset Management Partners Inc. | 350,000 | $3,559,500 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Small Rangeley Capital, LLC Registered adviser KOYNU | — | — | 26,092 | Shares | 2026-08-14 | |
| Mid Westchester Capital Management, LLC Registered adviser KOYNU | — | — | 400,000 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. KOYNU | — | — | 17,210 | Shares | 2026-08-12 | |
| Mega UBS Group AG Bank KOYNU | — | — | 309 | Shares | 2026-08-13 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP KOYNU | — | — | 36,625 | Shares | 2026-08-14 | |
| Small HGC Investment Management Inc. Non-US KOYNU | — | — | 100,000 | Shares | 2026-08-14 | |
| Large OMERS ADMINISTRATION Corp Benefit plan KOYNU | — | — | 400,000 | Shares | 2026-08-13 | |
| Large LMR Partners LLP Exempt adviser KOYNU | — | — | 1,100,000 | Shares | 2026-08-14 | |
| Mega JPMORGAN CHASE & CO Bank KOYNU | — | — | 50,068 | Shares | 2026-08-12 | |
| Large TORONTO DOMINION BANK Bank KOYNU | — | — | 50,000 | Shares | 2026-08-14 | |
| Mid READYSTATE ASSET MANAGEMENT LP Registered adviser KOYNU | — | — | 98,017 | Shares | 2026-08-14 |