XCBEU · X3 Acquisition Corp. Ltd. · Holdings

$10.21 +0.12 (+1.19%)

Market Cap

$282.09M

28.12M

Volume · Oct 29 4909 Avg daily vol (6 sessions) 1290

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 XCBEU: 13F, 13D and 13G, insiders and funds →

Some SEC filings for this period have not finished importing. Holder totals and changes may be incomplete; these filings remain queued for recovery.

Quarter:

Holders: 12

Total Value: $29,250,897

Total Shares: 2,916,341

Institutional Ownership Trend

2 quarters

Holder Concentration

Across 12 13F filers · Δ vs Mar 31, 2026

Top Holder

30.9%

+12.3 pts

Top 5

89.8%

+25.0 pts

Top 10

99.8%

+11.0 pts

HHI

2,016

Moderately concentrated+971

Who Holds XCBEU

Last 2 quarters through Jun 30, 2026

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: 12 filers, like-for-like change -40.0%; actively managed books -40.0%.

Holder type	Share	Filers	Change	Exited
Registered adviser	29.3%	3	-59.6%	4
Exempt adviser	30.9%	1	0.0%	0
Adviser	8.6%	1	0.0%	0
Bank	9.5%	3	-0.2%	1
Benefit plan	17.1%	1	0.0%	0
Non-US	0.0%	0	-100.0%	1
Unknown	4.6%	3	-76.6%	4

Style	Share	Filers	Change	Exited
Systematic-like	0.0%	0	-100.0%	1
Concentrated	1.1%	1	+25.3%	1
Diversified active	98.9%	11	-31.1%	8

Turnover	Share	Filers	Change	Exited
Low turnover	5.5%	2	+0.6%	0
Medium turnover	50.5%	5	-15.0%	3
High turnover	34.3%	3	-63.0%	7
Unknown	9.8%	2	+6.2%	0

Holding horizon	Share	Filers	Change	Exited
Short horizon	9.9%	3	-37.6%	2
Medium horizon	57.4%	3	-17.5%	3
Long horizon	31.8%	5	-41.2%	2
Unknown	0.9%	1	-96.8%	3

13F book size	Share	Filers	Change	Exited
Under $1B	11.2%	2	-38.0%	3
$1B to $10B	24.1%	2	-51.4%	3
$10B to $100B	64.3%	6	-15.7%	2
$100B or more	0.4%	2	-98.2%	2

Client base	Share	Filers	Change	Exited
Pooled investment vehicles	24.1%	2	-55.0%	3
Registered funds and BDCs	5.1%	1	-72.7%	1
Unknown	70.7%	9	-25.0%	6

Private funds	Share	Filers	Change	Exited
Hedge funds	24.1%	2	-64.2%	4
Other private funds	5.1%	1	+0.7%	0
Private funds, type not stated	30.9%	1	0.0%	0
Unknown	39.9%	8	-37.1%	6

Location	Share	Filers	Change	New	Exited
United States	42.8%	8	-52.9%	0	6
Outside the US	57.2%	4	-24.5%	0	4

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

12 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 0.006%

Mar 31, 2026: 0

Crowding

—

shares outstanding is an issuer-wide count, not one listing's

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

shares outstanding is an issuer-wide count, not one listing's

Top 10 holders

99.8%

of 13F shares, Herfindahl 0.202

Active holders

-40.0%

like-for-like share change of active filers

5% stakes on record

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

How long holders have held it value-weighted 2.0 quarters

Under 1 year 100.0% 1 to 3 years 0.000% 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

$9.97

estimated per share

Mar 31, 2026: $9.97

Quarter-end price

$10.03

implied by 13F values

Estimated gain or loss

+0.6%

price against the estimated cost

Estimated at a loss

0.000%

of costed 13F value

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 XCBEU's active holders also own, quarter ended Jun 30, 2026

#	Company	Shared holders	Similarity
1	TVAI Thayer Ventures Acquisition Corp II	13	0.620
2	MEVO M Evo Global Acquisition Corp II	14	0.597
3	ARTC Art Technology Acquisition Corp.	12	0.587
4	ILLU Illumination Acquisition Corp. I	11	0.586
5	MLAA Mountain Lake Acquisition Corp. II	14	0.585
6	EVAC EQV Ventures Acquisition Corp. II	17	0.580
7	XSLL Xsolla SPAC 1	13	0.578
8	TACH Titan Acquisition Corp.	14	0.574
9	AACI Armada Acquisition Corp. III	11	0.569
10	SORN Soren Acquisition Corp.	11	0.553

Shareholder Targets

13F filers that own its peers but not XCBEU, quarter ended Jun 30, 2026

Found through its holder-overlap peers: TVAI, MEVO, ARTC, ILLU, MLAA, EVAC, XSLL, TACH, AACI, SORN, PTOR, SOUL, PTAC, DBCA, ARCI, BDCI, MBVI, OTGA, KRAQ, CAQ. 84 filers in all.

#	Filer	In peers	Of book	Largest peers
1	Westchester Capital Management, LLC Registered adviser, Diversified active	$59,345,700 15 held	3.02%	SOUL, TACH, MLAA
2	First Trust Capital Management L.P. Registered adviser, Diversified active	$56,890,625 13 held	3.33%	SOUL, BDCI, EVAC
3	Context Capital Management, LLC Registered adviser, Diversified active	$48,796,537 14 held	6.35%	MBVI, SOUL, DBCA
4	Crossingbridge Advisors, LLC Adviser, Diversified active	$44,891,729 8 held	8.48%	SOUL, TACH, OTGA
5	HGC Investment Management Inc. Non-US, Diversified active	$41,087,735 11 held	9.68%	KRAQ, SOUL, MBVI
6	Mint Tower Capital Management B.V. Unknown, Diversified active	$40,705,745 13 held	10.4%	ARTC, TACH, MBVI
7	Sculptor Capital LP Registered adviser, Diversified active	$39,281,655 5 held	0.610%	DBCA, KRAQ, EVAC
8	Governors Lane LP Registered adviser, Diversified active	$38,906,392 6 held	3.85%	ARCI, KRAQ, MEVO
9	BlueCrest Capital Management Ltd Unknown, Concentrated	$38,583,060 8 held	1.82%	KRAQ, EVAC, SORN
10	Ghisallo Capital Management LLC Registered adviser, Diversified active	$35,163,750 12 held	0.840%	TACH, KRAQ, MLAA

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

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.

Holder count: -10

Institutional value: -39.5%

Shares held: -40.0%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Large Clear Street Group Inc.	+16,623	32,791
Large Calamos Advisors LLC	+1,000	149,843
Mega UBS Group AG	+30	1,698

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds	Open
Large HRT FINANCIAL LP	−1,903	25,050
Large TORONTO DOMINION BANK	−600	266,700

Top New Positions

vs Mar 31, 2026

No new positions this quarter.

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mega MILLENNIUM MANAGEMENT LLC	650,000	$6,461,000
Mid RIVERNORTH CAPITAL MANAGEMENT, LLC	400,000	$3,976,000
Large PICTON MAHONEY ASSET MANAGEMENT	250,000	$2,485,000
Mid MMCAP International Inc. SPC	250,000	$2,485,000
Small HEIGHTS CAPITAL MANAGEMENT, INC	150,000	$1,491,000

Filter: New 0 Increased 3 Reduced 2 Sold out 10 Unchanged 7

Holder type: Registered adviser 3 Exempt adviser 1 Adviser 1 Bank 3 Benefit plan 1 Unknown 3

Showing 12 of 12

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

LMR Partners LLP XCBEU

$9,027,000

30.86%

900,000

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

Manager	Shares	Value (USD)	% of position	Discretion
LMR PARTNERS (DIFC) Ltd	900,000	$9,027,000	100.0%	Sole

ARISTEIA CAPITAL, L.L.C. XCBEU

$7,021,000

24.00%

700,000

OMERS ADMINISTRATION Corp XCBEU

$5,015,000

17.14%

500,000

TORONTO DOMINION BANK XCBEU

$2,675,001

9.15%

266,700

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	266,700	$2,675,001	100.0%	Defined

Lineage Point Capital LP XCBEU

$2,523,287

8.63%

251,574

Calamos Advisors LLC XCBEU

$1,502,925

5.14%

149,843

Quarry LP XCBEU

$752,250

2.57%

75,000

Clear Street Group Inc. XCBEU

$328,893

1.12%

32,791

HRT FINANCIAL LP XCBEU

$251,251

0.86%

25,050

JPMORGAN CHASE & CO XCBEU

$100,300

0.34%

10,000

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

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities LLC	10,000	$100,300	100.0%	Defined

GLAZER CAPITAL, LLC XCBEU

$36,960

0.13%

3,685

UBS Group AG XCBEU

$17,030

0.06%

1,698

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

Manager	Shares	Value (USD)	% of position	Discretion
UBS Securities LLC	1,698	$17,030	100.0%	Defined

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

Manager	Shares	Value (USD)	% of position	Discretion
CVI Investments, Inc.	150,000	$1,491,000	100.0%	Other

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

Manager	Shares	Value (USD)	% of position	Discretion
ABC ARBITRAGE ASSET MANAGEMENT joint	40,000	$397,600	100.0%	Other

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

Manager	Shares	Value (USD)	% of position	Discretion
National Bank Financial Inc.	54	$536	100.0%	Defined

Key facts CIK 2083493 CUSIP G9831H101