Pono Capital Three Inc.-A-28HOVRWPreferred / convertible

13F holders, Q4 2025 (December 31)
10holders −3
3new positions
5sold out
$0.43avg. 13F price*

At the end of Q4 2025, 10 institutions reported holding Pono Capital Three Inc.-A-28 (HOVRW) in their 13F filings, down 3 from Q3 2025. 3 opened new positions and 5 sold out. The largest holders were Boothbay Fund Management, LLC ($182K), Weiss Asset Management LP ($88K) and Aristeia Capital, L.L.C. ($69K).

Company
Pono Capital Three Inc.-A-28
Filed as
NEW HORIZON AIRCRAFT LTD (Q4 2025)
CUSIP
64550A115
Latest filing quarter
Q2 2026

History

Number of 13F holders

0102030 Q1 2024: 25Q1 2024Q2 2024: 27Q2 2024Q3 2024: 20Q3 2024Q4 2024: 16Q4 2024Q1 2025: 17Q1 2025Q2 2025: 15Q2 2025Q3 2025: 13Q3 2025Q4 2025: 10Q4 2025Q1 2026: 9Q1 2026Q2 2026: 7Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions3$32K
Exits5$194K

All 13F filers, Q3 2025 → Q4 2025: 102,442 shares bought and 833,246 shares sold, net −730,804 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 10 holders

Boothbay Fund Management, LLC — Reduce -54.5% 123,939 $182K
Weiss Asset Management LP — No change 275,000 $88K
Aristeia Capital, L.L.C. — No change 218,754 $69K
Clear Street Group Inc. — Reduce -47.1% 205,775 $66K
Saba Capital Management, L.P. — No change 199,659 $63K
Whitebox Advisors LLC — No change 100,000 $32K
Hudson Bay Capital Management LP — No change 99,290 $32K
Susquehanna International Group, LLP — New 57,346 $18K
SkyView Investment Advisors, LLC — New 45,000 $14K
UBS Group AG — New 96 $31

"% of holder's portfolio" is HOVRW's weight in each manager's 13F, not the share of Pono Capital Three Inc.-A-28 the manager owns.