Northern Lights Acquis -CW22SHFSWPreferred / convertible

13F holders, Q4 2025 (December 31)
10holders −2
0new positions
1sold out
2famous investors
$0.29avg. 13F price*

At the end of Q4 2025, 10 institutions reported holding Northern Lights Acquis -CW22 (SHFSW) in their 13F filings, down 2 from Q3 2025. 0 opened new positions and 1 sold out. The largest holders were Boothbay Fund Management, LLC ($214K), Clear Street Group Inc. ($9K) and D. E. Shaw & Co. ($7K). 2 famous investors held it, including David E. Shaw ( of D. E. Shaw & Co.'s portfolio) and Ken Griffin ( of Citadel Advisors's portfolio).

Company
Northern Lights Acquis -CW22
Filed as
SHF HOLDINGS INC (Q4 2025)
CUSIP
824430110
Latest filing quarter
Q2 2026

History

Number of 13F holders

05101520 Q1 2024: 17Q1 2024Q2 2024: 16Q2 2024Q3 2024: 15Q3 2024Q4 2024: 14Q4 2024Q1 2025: 14Q1 2025Q2 2025: 12Q2 2025Q3 2025: 12Q3 2025Q4 2025: 10Q4 2025Q1 2026: 11Q1 2026Q2 2026: 12Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions0$0
Exits1$4

All 13F filers, Q3 2025 → Q4 2025: 5,999 shares bought and 2,422 shares sold, net +3,577 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 10 holders

Boothbay Fund Management, LLC — No change 201,958 $214K
Clear Street Group Inc. — Add +2.7% 225,458 $9K
D. E. Shaw & Co. — No change 188,000 $7K
Rivernorth Capital Management, LLC — No change 87,500 $3K
SkyView Investment Advisors, LLC — No change 54,050 $2K
Aristides Capital LLC — No change 25,000 $948
GTS Securities LLC — Reduce -1.5% 13,430 $510
Citadel Advisors — Reduce -13.7% 13,261 $503
Morgan Stanley — No change 10,000 $379
Wolverine Asset Management LLC — No change 8,250 $313

"% of holder's portfolio" is SHFSW's weight in each manager's 13F, not the share of Northern Lights Acquis -CW22 the manager owns.