ALDF · NASDAQ · Shell Companies

Aldel Financial II (ALDF)

Blank-check company pursuing a North American financial-services business combination.

$10.81
At close+0.01 (+0.09%)

Breakdown13F · 13D/G · Form 4

Institutions50 holders · as of Mar 31, 202675.97%22.69M shares
Insiders2 holders · as of Oct 29, 202520.25%6.05M shares
Strategic holders1 holder · as of Oct 25, 20241.60%477.5K shares
Otherremainder2.18%650.8K shares

29.87M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Robert I. Kauffman1Insiderdirector, 10 percent owner, officer: Chief Executive Officer
20.21%6.05M COMPANY13Dfiled Oct 29, 2025
Harraden Circle Investments, LLCInstitution
7.87%2.35M A13Fas of Mar 31, 2026
Magnetar Financial LLCInstitution
6.36%1.90M A13Fas of Mar 31, 2026
AQR Arbitrage LLCInstitution
5.07%1.51M A13Fas of Mar 31, 2026
AQR Capital Management, LLCInstitution
5.07%1.51M13Gfiled May 13, 2026
LMR Partners LLPInstitution
4.02%1.20M A13Fas of Mar 31, 2026
Westchester Capital Management, LLCInstitution
3.88%1.16M A13Fas of Mar 31, 2026
Hudson Bay Capital Management LPInstitution
3.68%1.10M A13Fas of Mar 31, 2026
Linden Advisors LPInstitution
3.18%950,000 A13Fas of Mar 31, 2026
Ghisallo Capital Management LLCInstitution
3.01%900,000 A13Fas of Mar 31, 2026
D. E. Shaw & Co., Inc.Institution
2.95%880,057 A13Fas of Mar 31, 2026
Meteora Capital, LLCInstitution
2.60%776,947 A13Fas of Mar 31, 2026
Picton Mahoney Asset ManagementInstitution
2.51%750,000 A13Fas of Mar 31, 2026
Wealthspring Capital LLCInstitution
2.43%725,179 A13Fas of Mar 31, 2026
Tenor Capital Management Co., L.P.Institution
2.34%699,234 A13Fas of Mar 31, 2026
Goldman Sachs Group IncInstitution
2.03%605,314 A13Fas of Mar 31, 2026
Rivernorth Capital Management, LLCInstitution
1.89%564,023 A13Fas of Mar 31, 2026
Two Sigma Investments, LPInstitution
1.67%500,000 A13Fas of Mar 31, 2026
Aldel Investors II LLCStrategic10 percent owner
1.60%477,500 AForm 4filed Oct 25, 2024
Berkley W R CorpInstitution
1.59%474,710 A13Fas of Mar 31, 2026
Fort Baker Capital Management LPInstitution
1.52%454,193 A13Fas of Mar 31, 2026
Glazer Capital, LLCInstitution
1.45%433,671 A13Fas of Mar 31, 2026
Toronto Dominion BankInstitution
1.34%400,000 A13Fas of Mar 31, 2026
Whitebox Advisors LLCInstitution
1.34%400,000 A13Fas of Mar 31, 2026
Gritstone Asset Management LLCInstitution
1.32%394,214 A13Fas of Mar 31, 2026
  1. Robert I. Kauffman's transaction reports restate only vehicles that traded; the 2025 ownership statement (6.05M) less the 12.5K net shares sold since is used instead.

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Institutions13F, as of Mar 31, 2026

50 holders · 22.69M shares · 6 new positions · 12 increased · 11 reduced · 5 closed

HolderShares% of companyChg q/qFiled
Harraden Circle Investments, LLC2.35M7.87%0May 15, 2026
Magnetar Financial LLC1.90M6.36%0May 13, 2026
AQR Arbitrage LLC1.51M5.07%−101.4KMay 15, 2026
LMR Partners LLP1.20M4.02%0May 15, 2026
Westchester Capital Management, LLC1.16M3.88%0May 15, 2026
Hudson Bay Capital Management LP1.10M3.68%0May 13, 2026
Linden Advisors LP950.0K3.18%0May 15, 2026
Ghisallo Capital Management LLC900.0K3.01%0May 15, 2026

Ownership statements13D/G · 5% or more, as filed

Holder% of classSharesFormFiled
Robert I. Kauffmanincl. Aldel Investors II LLC20.20%6.05M13DFeb 14, 2025
Harraden Circle Investments, LLC9.92%2.35M13GNov 14, 2025
Magnetar Financial LLC8.26%1.90M13GFeb 17, 2026
AQR Capital Management, LLC6.38%1.51M13GMay 13, 2026
LMR Partners LLP5.10%1.20M13GMay 15, 2025

Insider tradesForm 4

Latest trades

No open-market trades in the last 12 months.

CongressHouse and Senate disclosures

Not reported.