NBRGU · Newbridge Acquisition Ltd · Holdings
Substantial doubt about the company's ability to continue as a going concern.
“management has determined that the mandatory liquidation, should a business combination not occur, and potential subsequent dissolution, raises substantial doubt about the Company's ability to continue as a going concern. Therefore, management has determined that such additional condition raise substantial doubt about the Company's ability to continue as a going concern until the earlier of the consummation of the Business Combination or the date the Company is required to liquidate.”View the 10-Q filed Aug 7, 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 5 13F filers · Δ vs Mar 31, 2026Who Holds NBRGU
Last 2 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: 5 filers, like-for-like change -84.7%; actively managed books -84.7%.
| Holder type | Share | Filers | Change |
|---|---|---|---|
| Registered adviser | 22.1% | 1 | -95.0% |
| Exempt adviser | 0.0% | 0 | -100.0% |
| Adviser | 43.8% | 1 | -50.3% |
| Bank | 19.1% | 2 | -11.7% |
| Unknown | 15.1% | 1 | -82.7% |
| Style | Share | Filers | Change |
|---|---|---|---|
| Systematic-like | 22.1% | 1 | -50.9% |
| Concentrated | 15.1% | 1 | -71.0% |
| Diversified active | 62.9% | 3 | -88.7% |
| Turnover | Share | Filers | Change |
|---|---|---|---|
| Medium turnover | 19.1% | 2 | -92.9% |
| High turnover | 22.1% | 1 | -93.4% |
| Low turnover | 0.0% | 0 | — |
| Unknown | 58.9% | 2 | +13.4% |
| Holding horizon | Share | Filers | Change |
|---|---|---|---|
| Short horizon | 58.9% | 2 | -81.2% |
| Medium horizon | 0.0% | 0 | -100.0% |
| Long horizon | 19.1% | 2 | -11.7% |
| Unknown | 22.1% | 1 | -89.9% |
| 13F book size | Share | Filers | Change |
|---|---|---|---|
| Under $1B | 43.8% | 1 | -78.7% |
| $1B to $10B | 22.1% | 1 | -94.4% |
| $10B to $100B | 34.0% | 2 | +16.2% |
| $100B or more | 0.2% | 1 | -99.2% |
| Client base | Share | Filers | Change |
|---|---|---|---|
| Pooled investment vehicles | 22.1% | 1 | -93.9% |
| Registered funds and BDCs | 0.0% | 0 | -100.0% |
| Unknown | 77.9% | 4 | -62.8% |
| Private funds | Share | Filers | Change |
|---|---|---|---|
| Hedge funds | 22.1% | 1 | -95.2% |
| Unknown | 77.9% | 4 | -60.4% |
| Location | Share | Filers | Change |
|---|---|---|---|
| United States | 80.9% | 3 | -86.9% |
| Outside the US | 19.1% | 2 | -44.2% |
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
5 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 100.0% 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 NBRGU's active holders also own, quarter ended Jun 30, 2026| # | Company | Shared holders |
|---|---|---|
| 1 | FGII FG Imperii Acquisition Corp. | 4 |
| 2 | MUZE Muzero Acquisition Corp | 3 |
| 3 | MKLY McKinley Acquisition Corp | 4 |
| 4 | POLE Andretti Acquisition Corp. II | 5 |
| 5 | SDHI Siddhi Acquisition Corp (Cayman Islands) | 3 |
| 6 | LPBB Launch Two Acquisition Corp. | 3 |
| 7 | APXT Apex Treasury Corp | 4 |
| 8 | FMAC Future Money Acquisition Corp | 3 |
| 9 | KFII K&F Growth Acquisition Corp. II | 3 |
| 10 | TRAD APEX Tech Acquisition Inc. | 4 |
Shareholder Targets
13F filers that own its peers but not NBRGU, quarter ended Jun 30, 2026Found through its holder-overlap peers: FGII, MUZE, MKLY, POLE, SDHI, LPBB, APXT, FMAC, KFII, TRAD, PLUN, LPAA, ALDF, ORIQ, GLED, ACGC, QLEP, ONEN, VNME, ALPX. 110 filers in all.
| # | Filer | In peers | Largest peers |
|---|---|---|---|
| 1 | Magnetar Financial LLC Registered adviser, Concentrated | $209,595,241 17 held | LPBB, LPAA, ALDF |
| 2 | Linden Advisors LP Registered adviser, Diversified active | $140,401,096 15 held | ONEN, FGII, MKLY |
| 3 | GLAZER CAPITAL, LLC Registered adviser, Diversified active | $128,096,697 18 held | QLEP, APXT, KFII |
| 4 | LMR Partners LLP Exempt adviser, Diversified active | $121,741,061 12 held | LPAA, FGII, POLE |
| 5 | D. E. Shaw & Co., Inc. Unknown, Systematic-like | $120,262,023 16 held | KFII, POLE, LPBB |
| 6 | Westchester Capital Management, LLC Registered adviser, Diversified active | $118,699,387 15 held | KFII, SDHI, ALDF |
| 7 | Karpus Management, Inc. Adviser, Diversified active | $115,771,657 11 held | MKLY, ACGC, ORIQ |
| 8 | TENOR CAPITAL MANAGEMENT Co., L.P. Registered adviser, Diversified active | $100,150,413 11 held | KFII, ONEN, SDHI |
| 9 | Alberta Investment Management Corp Non-US, Concentrated | $93,293,441 10 held | POLE, KFII, APXT |
| 10 | Polar Asset Management Partners Inc. Registered adviser, Systematic-like | $93,043,346 13 held | QLEP, ACGC, POLE |
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. | +28,780 | 59,808 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Large TORONTO DOMINION BANK | −10,004 | 75,000 | |
| Small Lineage Point Capital LP | −1,200 | 173,800 | |
| Mega UBS Group AG | −50 | 693 |
Top New Positions
vs Mar 31, 2026Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Mid ARISTEIA CAPITAL, L.L.C. | 400,000 | $4,012,000 | |
| Mid WOLVERINE ASSET MANAGEMENT LLC | 349,019 | $3,500,660 | |
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC | 325,000 | $3,259,750 | |
| Small HEIGHTS CAPITAL MANAGEMENT, INC | 300,000 | $3,009,000 | |
| Mid AQR Arbitrage LLC | 237,020 | $2,377,310 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Small Lineage Point Capital LP Adviser NBRGU | $1,791,878 | 43.80% | 173,800 | Shares | 2026-08-14 | |
| Mid BOOTHBAY FUND MANAGEMENT, LLC Registered adviser NBRGU | $902,125 | 22.05% | 87,500 | Shares | 2026-08-14 | |
| Large TORONTO DOMINION BANK Bank NBRGU | $773,250 | 18.90% | 75,000 | Shares | 2026-08-14 | |
| Large Clear Street Group Inc. NBRGU | $616,620 | 15.07% | 59,808 | Shares | 2026-08-12 | |
| Mega UBS Group AG Bank NBRGU | $7,144 | 0.17% | 693 | Shares | 2026-08-13 |