Pono Capital Two Inc. -27SBCWWPreferred / convertible

13F holders, Q1 2026 (March 31)

Q2 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

19holders +2

2new positions

0sold out

1famous investor

$0.45avg. 13F price*

At the end of Q1 2026, 19 institutions reported holding Pono Capital Two Inc. -27 (SBCWW) in their 13F filings, up 2 from Q4 2025. 2 opened new positions and 0 sold out. The largest holders were Boothbay Fund Management, LLC ($755K), Decagon Asset Management LLP ($260K) and Aristeia Capital, L.L.C. ($159K). One famous investor held it David E. Shaw ( of D. E. Shaw & Co.'s portfolio).

Company: Pono Capital Two Inc. -27
Filed as: SBC MED GROUP HLDGS INC (Q1 2026)
CUSIP: 73245B115
Latest filing quarter: Q2 2026

History

Number of 13F holders

Total Exit/New Position Q4 2025 → Q1 2026

	Institutions	Total Value
New Positions	2	$71K
Exits	0	$0

All 13F filers, Q4 2025 → Q1 2026: 251,486 shares bought and 725,830 shares sold, net −474,344 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 19 holders


Boothbay Fund Management, LLC	—	No change	180,629	$755K
Decagon Asset Management LLP	—	Reduce -20.0%	944,992	$260K
Aristeia Capital, L.L.C.	—	Add +0.0%	530,169	$159K
Polar Asset Management Partners Inc.	—	Reduce -36.5%	435,700	$131K
MMCAP International Inc. SPC	—	No change	330,000	$91K
Weiss Asset Management LP	—	No change	229,192	$69K
Saba Capital Management, L.P.	—	No change	200,000	$60K
Cable Car Capital, LP	—	No change	196,000	$59K
Context Capital Management, LLC	—	No change	208,389	$57K
Yakira Capital Management, Inc.	—	Reduce -0.6%	207,025	$57K
Clear Street Group Inc.	—	Add +0.6%	199,865	$55K
D. E. Shaw & Co.	—	No change	172,500	$52K
Caption Management, LLC	—	New	150,000	$41K
Ionic Capital Management LLC	—	New	100,000	$30K
Toronto Dominion Bank	—	Reduce -74.2%	50,800	$14K
Shaolin Capital Management LLC	—	Reduce -33.3%	50,000	$14K
Whitebox Advisors LLC	—	No change	35,000	$10K
Wolverine Asset Management LLC	—	Reduce -48.0%	33,990	$9K
Susquehanna International Group, LLP	—	Reduce -55.9%	28,270	$8K

"% of holder's portfolio" is SBCWW's weight in each manager's 13F, not the share of Pono Capital Two Inc. -27 the manager owns.