MBVI · M3-Brigade Acquisition VI Corp. · Holdings
Substantial doubt about the company's ability to continue as a going concern.
“In connection with the Company's assessment of going concern considerations in accordance with ASC 205-40, "Presentation of Financial Statements - Going Concern," management has determined that the Company's projected liquidity condition raises substantial doubt about the Company's ability to continue as a going concern. Management intends to address this liquidity need through Working Capital Loans from the Sponsor or its affiliates and by completing a Business Combination; however, there can be no assurance that these plans will be successfully implemented. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.”View the 10-Q filed Aug 14, 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 82 13F filersWho Holds MBVI
Last 5 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: 82 filers, like-for-like change +1.5%; actively managed books +1.0%; index-like books +2296.1%.
| Holder type | Share | Filers | Change |
|---|---|---|---|
| Registered adviser | 61.2% | 46 | +1.3% |
| Exempt adviser | 2.0% | 2 | 0.0% |
| Adviser | 3.0% | 2 | -17.7% |
| Bank | 2.0% | 4 | +29.6% |
| Insurer | 0.6% | 1 | -11.4% |
| Broker-dealer | 4.1% | 1 | +1.9% |
| Benefit plan | 2.0% | 2 | 0.0% |
| Non-US | 14.2% | 6 | +0.9% |
| Holding company | 0.0% | 1 | -53.6% |
| Unknown | 11.0% | 17 | +7.8% |
| Style | Share | Filers | Change |
|---|---|---|---|
| Index-like | 0.6% | 3 | +2296.1% |
| Systematic-like | 12.5% | 11 | +4.2% |
| Concentrated | 6.9% | 9 | -0.2% |
| Diversified active | 80.0% | 59 | +0.6% |
| Not measured | 0.0% | 0 | — |
| Turnover | Share | Filers | Change |
|---|---|---|---|
| Low turnover | 4.6% | 9 | +1.1% |
| Medium turnover | 50.9% | 33 | +2.7% |
| High turnover | 42.3% | 36 | 0.0% |
| Unknown | 2.2% | 4 | +6.3% |
| Not measured | 0.0% | 0 | — |
| Holding horizon | Share | Filers | Change |
|---|---|---|---|
| Short horizon | 44.6% | 33 | -0.5% |
| Medium horizon | 13.7% | 8 | +4.9% |
| Long horizon | 19.4% | 21 | +1.3% |
| Unknown | 22.2% | 20 | +4.1% |
| Not measured | 0.0% | 0 | — |
| 13F book size | Share | Filers | Change |
|---|---|---|---|
| Under $1B | 17.4% | 23 | -0.1% |
| $1B to $10B | 49.1% | 33 | +1.8% |
| $10B to $100B | 28.4% | 17 | +1.6% |
| $100B or more | 5.2% | 9 | +4.2% |
| Not measured | 0.0% | 0 | — |
| Client base | Share | Filers | Change |
|---|---|---|---|
| Individuals and high net worth | 2.6% | 4 | -4.1% |
| Pooled investment vehicles | 53.4% | 35 | +2.0% |
| Registered funds and BDCs | 3.5% | 6 | -1.4% |
| Other investment advisers | 1.7% | 1 | -4.3% |
| Unknown | 38.8% | 36 | +1.9% |
| Private funds | Share | Filers | Change |
|---|---|---|---|
| Hedge funds | 55.1% | 37 | +1.9% |
| Private equity funds | 2.7% | 3 | -2.8% |
| Other private funds | 3.8% | 4 | -12.1% |
| Private funds, type not stated | 0.6% | 1 | 0.0% |
| No private funds | 0.5% | 2 | +2.6% |
| Real estate funds | 0.4% | 1 | new |
| Unknown | 36.8% | 34 | +2.0% |
| Location | Share | Filers | Change |
|---|---|---|---|
| United States | 71.2% | 63 | +1.6% |
| Outside the US | 28.8% | 19 | +1.4% |
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
70 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 98.4% 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 MBVI's active holders also own, quarter ended Jun 30, 2026| # | Company | Shared holders |
|---|---|---|
| 1 | WENN WEN Acquisition Corp | 5 |
| 2 | GSHR Gesher Acquisition Corp. II | 3 |
| 3 | HCMA Hcm III Acquisition Corp. | 3 |
| 4 | XRPNU Armada Acquisition Corp. II | 4 |
| 5 | NPAC New Providence Acquisition Corp. III | 4 |
| 6 | BDCI BTC Development Corp. | 3 |
| 7 | EVOX Evolution Global Acquisition Corp | 3 |
| 8 | HACQ HCM IV Acquisition Corp. | 3 |
| 9 | KOYN CSLM Digital Asset Acquisition Corp III, Ltd | 3 |
| 10 | AACB Artius II Acquisition Inc. | 3 |
Shareholder Targets
13F filers that own its peers but not MBVI, quarter ended Jun 30, 2026Found through its holder-overlap peers: WENN, GSHR, HCMA, XRPNU, NPAC, BDCI, EVOX, HACQ, KOYN, AACB, SVIV, ALDF, SZZL, IACO, TACO, TACH, PACH, YCY, DRDB, IPCX. 73 filers in all.
| # | Filer | In peers | Largest peers |
|---|---|---|---|
| 1 | Crossingbridge Advisors, LLC Adviser, Diversified active | $78,750,237 12 held | WENN, IPCX, DRDB |
| 2 | Arrington Capital Management, LLC Registered adviser, Concentrated | $60,394,320 1 held | XRPNU |
| 3 | GOLDMAN SACHS GROUP INC Holding company, Index-like | $47,125,535 11 held | ALDF, TACH, NPAC |
| 4 | RLH Capital LLC Unknown, Diversified active | $37,327,140 7 held | IPCX, XRPNU, TACH |
| 5 | Harraden Circle Investments, LLC Registered adviser, Diversified active | $31,934,501 2 held | ALDF, TACO |
| 6 | Karpus Management, Inc. Adviser, Diversified active | $28,650,933 11 held | PACH, WENN, KOYN |
| 7 | Saba Capital Management, L.P. Registered adviser, Diversified active | $26,671,878 4 held | HCMA, WENN, HACQ |
| 8 | Fort Baker Capital Management LP Registered adviser, Concentrated | $21,263,740 4 held | GSHR, SVIV, EVOX |
| 9 | MANGROVE PARTNERS IM, LLC Registered adviser, Diversified active | $20,175,457 5 held | SZZL, PACH, IACO |
| 10 | DLD Asset Management, LP Registered adviser, Diversified active | $20,143,692 15 held | TACO, WENN, HCMA |
Fund Ownership of MBVI by Fund Type
Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026Index funds and index ETFs hold 0.00% of shares outstanding.
| Fund type | Of shares outstanding | Shares |
|---|---|---|
| Index funds | 0.00% | 0 |
| Index ETFs | 0.00% | 0 |
| Active ETFs | 0.02% | 9,124 |
| Active funds | 1.62% | 697,335 |
| Unclassified | 0.00% | 0 |
| All registered funds | 1.64% | 706,459 |
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 | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC Registered adviser | $15,466,443 | 5.03% | 1,526,796 | Shares | 2026-08-14 | |
| Large Alberta Investment Management Corp Non-US | $14,688,500 | 4.78% | 1,450,000 | Shares | 2026-08-06 | |
| Mid GLAZER CAPITAL, LLC Registered adviser | $13,675,500 | 4.45% | 1,350,000 | Shares | 2026-08-17 | |
| Large PEAK6 LLC Broker-dealer | $12,662,500 | 4.12% | 1,250,000 | Shares | 2026-08-13 | |
| Large PICTON MAHONEY ASSET MANAGEMENT Non-US | $11,315,189 | 3.68% | 1,116,998 | Shares | 2026-08-13 | |
| Mid AQR Arbitrage LLC Registered adviser | $11,231,900 | 3.65% | 1,108,776 | Shares | 2026-08-14 | |
| Mid Linden Advisors LP Registered adviser | $11,143,000 | 3.62% | 1,100,000 | Shares | 2026-08-14 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. Registered adviser | $11,143,000 | 3.62% | 1,100,000 | Shares | 2026-08-14 | |
| Mid Polar Asset Management Partners Inc. Registered adviser | $11,143,000 | 3.62% | 1,100,000 | Shares | 2026-08-14 | |
| Mid MMCAP International Inc. SPC | $11,143,000 | 3.62% | 1,100,000 | Shares | 2026-08-14 | |
| Mid Magnetar Financial LLC Registered adviser | $11,142,949 | 3.62% | 1,099,995 | Shares | 2026-08-14 | |
| Large ADAGE CAPITAL PARTNERS GP, L.L.C. Registered adviser | $10,130,000 | 3.30% | 1,000,000 | Shares | 2026-08-14 | |
| Mega TWO SIGMA INVESTMENTS, LP Registered adviser | $10,072,431 | 3.28% | 994,317 | Shares | 2026-08-14 | |
| Mid METEORA CAPITAL, LLC Adviser | $10,001,673 | 3.25% | 987,332 | Shares | 2026-08-14 | |
| Large HighTower Advisors, LLC Registered adviser | $9,004,050 | 2.93% | 888,850 | Shares | 2026-08-05 | |
| Large HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Non-US | $8,610,479 | 2.80% | 849,998 | Shares | 2026-08-13 | |
| Large Verition Fund Management LLC Registered adviser | $8,533,663 | 2.78% | 842,415 | Shares | 2026-08-14 | |
| Small Context Capital Management, LLC Registered adviser | $8,015,869 | 2.61% | 791,300 | Shares | 2026-07-23 | |
| Small Radcliffe Capital Management, L.P. Registered adviser | $6,775,014 | 2.20% | 668,807 | Shares | 2026-08-14 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC Registered adviser | $6,397,631 | 2.08% | 631,553 | Shares | 2026-08-10 | |
| Large OMERS ADMINISTRATION Corp Benefit plan | $6,078,000 | 1.98% | 600,000 | Shares | 2026-08-13 | |
| Large Hudson Bay Capital Management LP Registered adviser | $6,078,000 | 1.98% | 600,000 | Shares | 2026-08-14 | |
| Small Wealthspring Capital LLC Registered adviser | $5,238,304 | 1.70% | 517,108 | Shares | 2026-07-15 | |
| Small Mint Tower Capital Management B.V. | $5,065,000 | 1.65% | 500,000 | Shares | 2026-08-18 | |
| Small Shaolin Capital Management LLC Registered adviser | $4,299,283 | 1.40% | 424,411 | Shares | 2026-08-14 | |
| Mega BNP PARIBAS ARBITRAGE, SA Non-US | $4,066,941 | 1.32% | 401,475 | Shares | 2026-08-13 | |
| Mid First Trust Capital Management L.P. Registered adviser | $4,048,971 | 1.32% | 399,701 | Shares | 2026-08-13 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC Registered adviser | $4,043,095 | 1.32% | 399,121 | Shares | 2026-08-14 | |
| Mid Periscope Capital Inc. Exempt adviser | $3,798,750 | 1.24% | 375,000 | Shares | 2026-08-11 | |
| Mid SONA ASSET MANAGEMENT (US) LLC Registered adviser | $3,677,888 | 1.20% | 363,069 | Shares | 2026-08-14 | |
| Mid ARISTEIA CAPITAL, L.L.C. Registered adviser | $3,545,500 | 1.15% | 350,000 | Shares | 2026-08-14 | |
| Mid BlueCrest Capital Management Ltd | $3,413,810 | 1.11% | 337,000 | Shares | 2026-08-14 | |
| Large COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $3,039,000 | 0.99% | 300,000 | Shares | 2026-07-17 | |
| Small GABELLI & Co INVESTMENT ADVISERS, INC. Registered adviser | $2,729,022 | 0.89% | 269,400 | Shares | 2026-08-12 | |
| Large Schonfeld Strategic Advisors LLC Registered adviser | $2,577,325 | 0.84% | 254,425 | Shares | 2026-08-14 | |
| Small O'Connor Alternative Investments LLC Adviser | $2,532,500 | 0.82% | 250,000 | Shares | 2026-08-14 | |
| Mid Davidson Kempner Capital Management LP Registered adviser | $2,532,500 | 0.82% | 250,000 | Shares | 2026-08-14 | |
| Mid BERKLEY W R CORP Insurer | $2,453,931 | 0.80% | 242,244 | Shares | 2026-08-14 | |
| Mid MIZUHO SECURITIES USA LLC | $2,339,270 | 0.76% | 230,925 | Shares | 2026-07-28 | |
| Large GABELLI FUNDS LLC Registered adviser | $2,082,728 | 0.68% | 205,600 | Shares | 2026-08-12 | |
| Mega D. E. Shaw & Co., Inc. | $2,076,579 | 0.68% | 204,993 | Shares | 2026-08-14 | |
| Mid MOORE CAPITAL MANAGEMENT, LP Registered adviser | $2,026,000 | 0.66% | 200,000 | Shares | 2026-08-14 | |
| Mega MILLENNIUM MANAGEMENT LLC Registered adviser | $1,853,283 | 0.60% | 182,950 | Shares | 2026-08-14 | |
| Small Lineage Point Capital LP | $1,732,230 | 0.56% | 171,000 | Shares | 2026-08-14 | |
| Mid WHITEBOX ADVISORS LLC Registered adviser | $1,519,500 | 0.49% | 150,000 | Shares | 2026-08-14 | |
| Mid CSS LLC/IL | $1,215,600 | 0.40% | 120,000 | Shares | 2026-08-14 | |
| Small Bulldog Investors, LLP Registered adviser | $1,167,350 | 0.38% | 115,237 | Shares | 2026-08-14 | |
| Large Arax Advisory Partners Registered adviser | $1,124,430 | 0.37% | 111,000 | Shares | 2026-08-10 | |
| Mid Ghisallo Capital Management LLC Registered adviser | $1,013,000 | 0.33% | 100,000 | Shares | 2026-08-14 | |
| Mid TIG Advisors, LLC Registered adviser | $1,013,000 | 0.33% | 100,000 | Shares | 2026-08-14 | |
| Large Parallax Volatility Advisers, L.P. Registered adviser | $909,481 | 0.30% | 89,781 | Shares | 2026-08-14 | |
| Mid Kryger Capital LLC Registered adviser | $783,991 | 0.26% | 77,393 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. | $607,800 | 0.20% | 60,000 | Shares | 2026-08-12 | |
| Mid Governors Lane LP Registered adviser | $506,500 | 0.16% | 50,000 | Shares | 2026-08-14 | |
| Small PenderFund Capital Management Ltd. Non-US | $491,953 | 0.16% | 48,564 | Shares | 2026-08-17 | |
| Mid BOOTHBAY FUND MANAGEMENT, LLC Registered adviser | $468,016 | 0.15% | 46,201 | Shares | 2026-08-14 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP | $451,108 | 0.15% | 44,532 | Shares | 2026-08-14 | |
| Large TORONTO DOMINION BANK Bank | $423,434 | 0.14% | 41,800 | Shares | 2026-08-14 | |
| Mid Virtu Financial LLC | $353,040 | 0.11% | 34,851 | Shares | 2026-08-13 | |
| Small ABC ARBITRAGE SA | $253,250 | 0.08% | 25,000 | Shares | 2026-07-20 | |
| Small DELTEC ASSET MANAGEMENT LLC Registered adviser | $253,250 | 0.08% | 25,000 | Shares | 2026-07-21 | |
| Large Centiva Capital, LP Registered adviser | $253,239 | 0.08% | 24,999 | Shares | 2026-08-13 | |
| Mid HIGHBRIDGE CAPITAL MANAGEMENT LLC Registered adviser MBVIW | $250,171 | 0.08% | 658,345 | Principal | 2026-08-14 | |
| Micro Kepos Capital LP Registered adviser | $239,047 | 0.08% | 23,598 | Shares | 2026-08-13 | |
| Mid Evercore Wealth Management, LLC Registered adviser | $162,069 | 0.05% | 15,999 | Shares | 2026-08-14 | |
| Large STATE OF WISCONSIN INVESTMENT BOARD Benefit plan | $101,300 | 0.03% | 10,000 | Shares | 2026-08-14 | |
| Small Timelo Investment Management Inc. | $101,300 | 0.03% | 10,000 | Shares | 2026-08-13 | |
| Mega JPMORGAN CHASE & CO Bank | $99,699 | 0.03% | 9,842 | Shares | 2026-08-12 | |
| Mega UBS Group AG Bank | $29,002 | 0.01% | 2,863 | Shares | 2026-08-13 | |
| Small FNY Investment Advisers, LLC | $5,125 | 0.00% | 500 | Shares | 2026-10-16 | |
| Mega MORGAN STANLEY Holding company | $263 | 0.00% | 26 | Shares | 2026-08-13 | |
| Large LMR Partners LLP Exempt adviser MBVIU | — | — | 250,000 | Shares | 2026-08-14 | |
| Large GABELLI FUNDS LLC Registered adviser MBVIW | — | — | 76,866 | Shares | 2026-08-12 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC Registered adviser MBVIW | — | — | 72,666 | Shares | 2026-08-10 | |
| Mid Governors Lane LP Registered adviser MBVIW | — | — | 16,648 | Shares | 2026-08-14 | |
| Large PEAK6 LLC Broker-dealer MBVIW | — | — | 448,803 | Shares | 2026-08-13 | |
| Mid SONA ASSET MANAGEMENT (US) LLC Registered adviser MBVIU | — | — | 25,000 | Shares | 2026-08-14 | |
| Large Verition Fund Management LLC Registered adviser MBVIW | — | — | 473,521 | Shares | 2026-08-14 | |
| Mid ARISTEIA CAPITAL, L.L.C. Registered adviser MBVIW | — | — | 116,666 | Shares | 2026-08-14 | |
| Small Bulldog Investors, LLP Registered adviser MBVIW | — | — | 38,411 | Shares | 2026-08-14 | |
| Mid Polar Asset Management Partners Inc. Registered adviser MBVIW | — | — | 372,058 | Shares | 2026-08-14 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC Registered adviser MBVIW | — | — | 133,169 | Shares | 2026-08-14 | |
| Mid TENOR CAPITAL MANAGEMENT Co., L.P. Registered adviser MBVIW | — | — | 366,666 | Shares | 2026-08-14 | |
| Large Arax Advisory Partners Registered adviser MBVIW | — | — | 37,000 | Shares | 2026-08-10 | |
| Small Shaolin Capital Management LLC Registered adviser MBVIW | — | — | 401,528 | Shares | 2026-08-14 | |
| Mid Kryger Capital LLC Registered adviser MBVIW | — | — | 25,888 | Shares | 2026-08-14 | |
| Small HGC Investment Management Inc. Non-US MBVIU | — | — | 625,000 | Shares | 2026-08-14 | |
| Mega MILLENNIUM MANAGEMENT LLC Registered adviser MBVIW | — | — | 311,916 | Call | 2026-08-14 | |
| Large Clear Street Group Inc. MBVIW | — | — | 89,462 | Shares | 2026-08-12 | |
| Mega BNP PARIBAS ARBITRAGE, SA Non-US MBVIW | — | — | 119,389 | Shares | 2026-08-13 | |
| Mid Linden Advisors LP Registered adviser MBVIW | — | — | 366,666 | Shares | 2026-08-14 | |
| Large PICTON MAHONEY ASSET MANAGEMENT Non-US MBVIW | — | — | 366,666 | Shares | 2026-08-13 | |
| Large TORONTO DOMINION BANK Bank MBVIU | — | — | 584,608 | Shares | 2026-08-14 | |
| Large Hudson Bay Capital Management LP Registered adviser MBVIW | — | — | 183,333 | Shares | 2026-08-14 | |
| Mid CSS LLC/IL MBVIW | — | — | 207,248 | Shares | 2026-08-14 | |
| Small K2 PRINCIPAL FUND, L.P. MBVIW | — | — | 33,333 | Shares | 2026-08-07 | |
| Small Lineage Point Capital LP MBVIW | — | — | 100,000 | Shares | 2026-08-14 | |
| Mid WHITEBOX ADVISORS LLC Registered adviser MBVIW | — | — | 50,000 | Shares | 2026-08-14 | |
| Large ADAGE CAPITAL PARTNERS GP, L.L.C. Registered adviser MBVIW | — | — | 147,766 | Shares | 2026-08-14 | |
| Mid TIG Advisors, LLC Registered adviser MBVIW | — | — | 33,330 | Shares | 2026-08-14 |
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