Mountain Lake Acquisition Corp. - Class A ordinary shares, par value $0.0001 per share (MLAC) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2025 to Q4 2025

Type / Class
Equity / Class A ordinary shares, par value $0.0001 per share
Symbol
MLAC on Nasdaq
Shares outstanding
23,809,524
Price per share
$10.40
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
23,512,784
Total reported value
$244,419,823
% of total 13F portfolios
0%
Share change
+338,372
Value change
+$3,619,138
Number of holders
49
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Mountain Lake Acquisition Corp. - Class A ordinary shares, par value $0.0001 per share (MLAC) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
TENOR CAPITAL MANAGEMENT Co., L.P. 8.4% +62% $20,800,000 +$7,800,000 2,000,000 +60% Tenor Capital Management Company, L.P. 31 Dec 2025
AQR CAPITAL MANAGEMENT LLC 6.4% -24% $15,415,755 -$4,483,245 1,533,906 -23% AQR Capital Management, LLC 31 Mar 2025
BARCLAYS PLC 4.6% -39% $11,176,275 -$7,608,562 1,092,500 -41% Barclays PLC 30 Jun 2025
WOLVERINE ASSET MANAGEMENT LLC 4.6% -28% $11,319,032 -$4,883,535 1,085,238 -30% WOLVERINE ASSET MANAGEMENT LLC 08 Oct 2025
BANK OF MONTREAL /CAN/ 0.56% -85% $1,426,173 -$14,686,578 137,132 -91% BANK OF MONTREAL 31 Dec 2025

As of 31 Dec 2025, 49 institutional investors reported holding 23,512,784 shares of Mountain Lake Acquisition Corp. - Class A ordinary shares, par value $0.0001 per share (MLAC). This represents 99% of the company’s total 23,809,524 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Mountain Lake Acquisition Corp. - Class A ordinary shares, par value $0.0001 per share (MLAC) together control 85% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
TENOR CAPITAL MANAGEMENT Co., L.P. 8.4% 2,000,000 +300% 0.29% $20,800,000
Magnetar Financial LLC 8% 1,900,000 0% 0.19% $19,760,000
Polar Asset Management Partners Inc. 6.2% 1,479,935 -0% 0.31% $15,391,324
AQR Arbitrage LLC 5.9% 1,405,707 -6.3% 0.31% $14,619,353
First Trust Capital Management L.P. 4.1% 980,393 -2.4% 0.62% $10,196,087
Alberta Investment Management Corp 4.1% 980,000 0% 0.06% $10,192,000
WOLVERINE ASSET MANAGEMENT LLC 4% 963,368 -41% 0.14% $10,019,027
MIZUHO SECURITIES USA LLC 4% 957,369 +124% 0.16% $9,926,302
Westchester Capital Management, LLC 3.7% 887,700 -25% 0.43% $9,232,080
Linden Advisors LP 3.7% 875,000 0% 0.06% $9,100,000
Pantera Capital Partners LP 3.1% 750,000 3.4% $7,800,000
TWO SIGMA INVESTMENTS, LP 3% 710,158 -6.7% 0.01% $7,385,643
Glazer Capital, LLC 2.9% 686,692 +9.9% 0.19% $7,142,000
Decagon Asset Management LLP 2.8% 657,592 2.9% $6,838,958
Karpus Management, Inc. 2.6% 620,220 -7.5% 0.2% $6,450,288
METEORA CAPITAL, LLC 2.4% 579,318 0.5% $6,024,907
RIVERNORTH CAPITAL MANAGEMENT, LLC 2.1% 500,000 0% 0.25% $5,200,000
LMR Partners LLP 2.1% 496,989 -0.6% 0.05% $5,168,686
CoinFund Management LLC 1.9% 461,000 0% 8.2% $4,794,400
GOLDMAN SACHS GROUP INC 1.8% 424,430 -4.9% 0% $4,414,072
J. Goldman & Co LP 1.8% 423,564 0.17% $4,405,066
Shaolin Capital Management LLC 1.7% 399,998 0.16% $4,159,979
TORONTO DOMINION BANK 1.6% 383,695 +145% 0.01% $3,990,428
Jain Global LLC 1.6% 375,250 -25% 0.04% $3,902,600
BERKLEY W R CORP 1.5% 362,533 +66% 0.21% $3,770,343

Institutional Holders of Mountain Lake Acquisition Corp. - Class A ordinary shares, par value $0.0001 per share (MLAC) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 23,512,784 $244,419,823 +$3,619,138 $10.40 49
2025 Q3 22,443,412 $231,237,031 +$6,362,453 $10.30 46
2025 Q2 21,826,559 $223,909,186 +$52,634,717 $10.26 43
2025 Q1 16,521,477 $166,061,245 +$166,061,245 $10.05 36