TITANS SHADOW · SEC EDGAR
Whale Moves
The institutional and activist bets that actually signal conviction, not just size. Every move is scored by how much of the filer's own book it represents, how new it is, and how concentrated the fund is, so a fresh 15%-of-portfolio bet outranks a mega-fund's rounding-error rebalance.
Highest-conviction moves this quarter
Activist stake100
Hess Midstream LP (HESM)
HESMHess Midstream LP
Schedule 13D at 38.0%
Fresh conviction96
Blackstone Inc. (BX)
LFTOLIFTOFF MOBILE INC
new · 33.4% of book
Activist stake80
Bravo Multinational Inc. (BRVO)
BRVOBravo Multinational Inc.
Schedule 13D at 59.4%
Activist stake80
AMG BBH Asset-Backed Credit Fund, LLC
BBASXAMG BBH Asset-Backed Credit Fund, LLC
Schedule 13D at 65.8%
Activist stake80
Diginex Ltd (DGNX)
DGNXDiginex Ltd
Schedule 13D at 39.2%
120 shown
| Filer | Ticker / issuer | Tier | Conviction | Δ vs prior qtr | Value | Score |
|---|---|---|---|---|---|---|
| Hess Midstream LP (HESM) | HESMHess Midstream LP | Activist stake | 38.0% | Escalated | – | 100 |
| Blackstone Inc. (BX) | LFTOLIFTOFF MOBILE INC | Fresh conviction | 33.4% | New | $2.01B | 96 |
| Bravo Multinational Inc. (BRVO) | BRVOBravo Multinational Inc. | Activist stake | 59.4% | Schedule 13D | – | 80 |
| AMG BBH Asset-Backed Credit Fund, LLC | BBASXAMG BBH Asset-Backed Credit Fund, LLC | Activist stake | 65.8% | Schedule 13D | – | 80 |
| Diginex Ltd (DGNX) | DGNXDiginex Ltd | Activist stake | 39.2% | Schedule 13D | – | 80 |
| Constitution Capital Access Fund, LLC | XCAIXConstitution Capital Access Fund, LLC | Activist stake | 66.6% | Schedule 13D | – | 80 |
| HERTZ GLOBAL HOLDINGS, INC (HTZ, HTZWW) | HTZHertz Global Holdings, Inc. | Activist stake | 50.9% | Schedule 13D | – | 80 |
| Nuveen Quality Municipal Income Fund (NAD) | NADNuveen Quality Municipal Income Fund | Activist stake | 52.5% | Schedule 13D | – | 80 |
| Corebridge Financial, Inc. (CRBD, CRBG) | CRBGCorebridge Financial, Inc. | Activist stake | 28.4% | Schedule 13D | – | 80 |
| IES Holdings, Inc. (IESC) | IESCIES Holdings, Inc. | Activist stake | 51.7% | Schedule 13D | – | 80 |
| Timothy G. Youngquist 2020 Irrevocable Trust | VGTVANGUARD WORLD FD | Fresh conviction | 50.9% | New | $260M | 80 |
| StageWise Strategies Corp. (STWI) | STWIStageWise Strategies Corp. | Activist stake | 79.3% | Schedule 13D | – | 80 |
| SMITH MIDLAND CORP (SMID) | SMIDSMITH MIDLAND CORP | Activist stake | 35.4% | Schedule 13D | – | 80 |
| Gogoro Inc. (GGR, GGROW) | GGROWGogoro Inc. | Activist stake | 54.4% | Schedule 13D | – | 80 |
| Melco Resorts & Entertainment LTD (MLCO) | MLCOMelco Resorts & Entertainment Limited | Activist stake | 62.6% | Schedule 13D | – | 80 |
| Herzfeld Credit Income Fund, Inc (HERZ) | HERZHerzfeld Credit Income Fund, Inc. | Activist stake | 40.6% | Schedule 13D | – | 80 |
| Herzfeld Credit Income Fund, Inc (HERZ) | HERZHerzfeld Credit Income Fund, Inc. | Activist stake | 34.1% | Schedule 13D | – | 80 |
| Anghami Inc (ANGH, ANGHW) | ANGHWAnghami Inc. | Activist stake | 71.3% | Schedule 13D | – | 80 |
| AGM GROUP HOLDINGS, INC. (AGMH) | AGMHAGM Group Holdings Inc. | Activist stake | 81.5% | Schedule 13D | – | 80 |
| PEDEVCO CORP (PED) | PEDPEDEVCO CORP | Activist stake | 34.2% | Schedule 13D | – | 80 |
| BayFirst Financial Corp. (BAFN) | BAFNBayFirst Financial Corp | Activist stake | 39.4% | Schedule 13D | – | 80 |
| CytoMed Therapeutics Ltd (GDTC) | GDTCCytoMed Therapeutics Ltd | Activist stake | 24.9% | Schedule 13D | – | 80 |
| Getty Images Holdings, Inc. (GETY) | GETYGetty Images Holdings, Inc. | Activist stake | 27.4% | Schedule 13D | – | 80 |
| Getty Images Holdings, Inc. (GETY) | GETYGetty Images Holdings, Inc. | Activist stake | 45.5% | Schedule 13D | – | 80 |
| WISeSat.Space Holdings Corp. (SAIQ) | SAIQWISeSat.Space Holdings Corp. | Activist stake | 88.5% | Schedule 13D | – | 80 |
| West Virginia University Foundation, Inc | VOOVANGUARD INDEX FDS | Adding | 43.2% | Added | $529M | 79 |
| West Virginia University Foundation, Inc | VTIVANGUARD INDEX FDS | Adding | 33.7% | Added | $412M | 78 |
| West Virginia University Foundation, Inc | VEAVANGUARD TAX-MANAGED FDS | Adding | 14.3% | Added | $175M | 77 |
| NEW GERMANY FUND INC (GF) | GFThe New Germany Fund, Inc. | Activist stake | 23.0% | Schedule 13D | – | 76 |
| O'Connor Alternative Investments LLC | TOPBUILD C | Fresh conviction | 12.4% | New | $170M | 76 |
| Blackstone Inc. (BX) | MDLNMEDLINE INC | Trimming | 66.6% | Trimmed | $4.01B | 76 |
| MANGOCEUTICALS, INC. (MGRX) | MGRXMANGOCEUTICALS, INC. | Activist stake | 21.5% | Schedule 13D | – | 74 |
| Keenova Therapeutics plc | Keenova Therapeutics plc | Activist stake | 21.3% | Schedule 13D | – | 74 |
| CBL & ASSOCIATES PROPERTIES INC (CBL) | CBLCBL & Associates Properties, Inc. | Activist stake | 19.7% | Schedule 13D | – | 71 |
| Arbutus Biopharma Corp (ABUS) | ABUSArbutus Biopharma Corp | Activist stake | 19.5% | Schedule 13D | – | 70 |
| Militia Capital Management LLC | COINCOINBASE GLOBAL INC | Doubling down | 15.6% | Doubled | $526M | 70 |
| Mistras Group, Inc. (MG) | MGMistras Group, Inc. | Activist stake | 19.1% | Schedule 13D | – | 70 |
| Atomic Invest LLC | VTIVTI | Doubling down | 32.6% | Doubled | $371M | 69 |
| Nordflint Capital Partners Fondsmaeglerselskab A/S | FLUTTER ENTERTAINMENT PLC | Trimming | 100.0% | Trimmed | $188M | 69 |
| SPAR Group, Inc. (SGRP) | SGRPSPAR Group, Inc. | Activist stake | 18.7% | Schedule 13D | – | 69 |
| Silvia, Inc. (SVIA, SVIAW) | SVIASilvia, Inc. | Activist stake | 18.4% | Schedule 13D | – | 69 |
| Atomic Invest LLC | VXUSVANGUARD STAR FDS | Doubling down | 13.7% | Doubled | $156M | 67 |
| Atomic Invest LLC | VBILVanguard 0-3 Month Treasury Bill | Doubling down | 15.8% | Doubled | $180M | 67 |
| O'Connor Alternative Investments LLC | CLEARWATER | Heading for the exit | 11.1% | Exited | $152M | 67 |
| TALOS ENERGY INC. (TALO) | TALOTalos Energy Inc. | Activist stake | 17.8% | Schedule 13D | – | 67 |
| Evogene Ltd. (EVGN) | EVGNEvogene Ltd. | Activist stake | 16.9% | Schedule 13D | – | 66 |
| AIFU Inc. (AIFU) | AIFUAIFU INC. | Activist stake | 16.8% | Schedule 13D | – | 66 |
| Target Hospitality Corp. (TH) | THTarget Hospitality Corp. | Activist stake | 16.6% | Schedule 13D | – | 65 |
| MEXICO FUND INC (MXF) | MXFThe Mexico Fund, Inc. | Activist stake | 16.6% | Schedule 13D | – | 65 |
| Crescent Energy Co (CRGY) | CRGYCrescent Energy Co | Activist stake | 16.3% | Schedule 13D | – | 65 |
| abrdn Emerging Markets ex-China Fund, Inc. (AEF) | AEFabrdn Emerging Markets ex-China Fund Inc. | Quiet accumulation | 16.5% | Escalated | – | 65 |
| PUMA BIOTECHNOLOGY, INC. (PBYI) | PBYIPuma Biotechnology, Inc. | Activist stake | 16.0% | Schedule 13D | – | 64 |
| O'Connor Alternative Investments LLC | CHART INDS | Adding | 43.7% | Added | $599M | 64 |
| Atomic Invest LLC | BNDVanguard Total Bond Market ETF | Doubling down | 9.2% | Doubled | $104M | 63 |
| Presidio Property Trust, Inc. (SQFT, SQFTP, SQFTW) | SQFTPresidio Property Trust, Inc. | Activist stake | 14.2% | Schedule 13D | – | 61 |
| iShares, Inc. | EWCISHARES MSCI CANADA ETF | Quiet accumulation | 26.1% | Schedule 13G | – | 60 |
| iShares, Inc. | EWLiShares, Inc. | Quiet accumulation | 41.5% | Schedule 13G | – | 60 |
| iShares, Inc. | EWDiShares, Inc. | Quiet accumulation | 68.2% | Schedule 13G | – | 60 |
| iShares, Inc. | EWPiShares, Inc. | Quiet accumulation | 37.5% | Schedule 13G | – | 60 |
| iSHARES TRUST | UAEISHARES MSCI UAE ETF | Quiet accumulation | 36.1% | Schedule 13G | – | 60 |
| iSHARES TRUST | ENORISHARES MSCI NORWAY ETF | Quiet accumulation | 59.8% | Schedule 13G | – | 60 |
| iSHARES TRUST | USLNiShares Broad USD Floating Rate Loan ETF | Quiet accumulation | 80.0% | Schedule 13G | – | 60 |
| BlackRock ETF Trust | BGROiShares Large Cap Growth Active ETF | Quiet accumulation | 73.9% | Schedule 13G | – | 60 |
| BlackRock ETF Trust | BALQiShares Nasdaq Premium Income Active ETF | Quiet accumulation | 34.6% | Schedule 13G | – | 60 |
| iShares, Inc. | THDISHARES MSCI THAILAND ETF | Quiet accumulation | 42.3% | Schedule 13G | – | 60 |
| BlackRock ETF Trust II | BCLOiShares BBB-B CLO Active ETF | Quiet accumulation | 50.0% | Schedule 13G | – | 60 |
| iShares, Inc. | EWSiShares MSCI Singapore ETF | Quiet accumulation | 25.6% | Schedule 13G | – | 60 |
| iSHARES TRUST | EFNLISHARES MSCI FINLAND ETF | Quiet accumulation | 86.8% | Schedule 13G | – | 60 |
| BlackRock ETF Trust | CSHPiShares Dynamic Short-Term Active ETF | Quiet accumulation | 94.9% | Schedule 13G | – | 60 |
| Better Home & Finance Holding Co (BETR, BETRW) | BETRWBetter Home & Finance Holding Co | Activist stake | 13.7% | Schedule 13D | – | 60 |
| Goldman Sachs ETF Trust | GIEQGoldman Sachs ETF Trust | Quiet accumulation | 82.0% | Schedule 13G | – | 60 |
| iShares, Inc. | EWHISHARES MSCI HONG KONG ETF | Quiet accumulation | 45.6% | Schedule 13G | – | 60 |
| iShares, Inc. | EWKISHARES MSCI BELGIUM ETF | Quiet accumulation | 86.8% | Schedule 13G | – | 60 |
| Zcash ETF (ZCSH) | ZCSHZcash ETF | Quiet accumulation | 100.0% | Schedule 13G | – | 60 |
| FIRST TRUST EXCHANGE-TRADED FUND IV | TDVIFirst Trust Exchange-Traded Fund IV | Quiet accumulation | 54.0% | Schedule 13G | – | 60 |
| FIRST TRUST EXCHANGE-TRADED FUND VIII | SNOVFirst Trust Exchange-Traded Fund VIII | Quiet accumulation | 44.7% | Schedule 13G | – | 60 |
| FIRST TRUST EXCHANGE-TRADED FUND VIII | QDECFirst Trust Exchange-Traded Fund VIII | Quiet accumulation | 60.8% | Schedule 13G | – | 60 |
| FIRST TRUST EXCHANGE-TRADED FUND VII | FAARFirst Trust Exchange-Traded Fund VII | Quiet accumulation | 36.1% | Schedule 13G | – | 60 |
| FIRST TRUST EXCHANGE-TRADED FUND VIII | DJANFirst Trust Exchange-Traded Fund VIII | Quiet accumulation | 39.6% | Schedule 13G | – | 60 |
| FIRST TRUST EXCHANGE-TRADED FUND VIII | GMARFirst Trust Exchange-Traded Fund VIII | Quiet accumulation | 28.6% | Schedule 13G | – | 60 |
| FIRST TRUST EXCHANGE-TRADED FUND VIII | DFEBFirst Trust Exchange-Traded Fund VIII | Quiet accumulation | 39.9% | Schedule 13G | – | 60 |
| Bullish (BLSH) | BTCGREYSCALE BITCOIN MINI TR ETF | Holding | 65.9% | Flat | $117M | 60 |
| Ferroglobe PLC (GSM) | GSMFerroglobe PLC | Quiet accumulation | 35.7% | Schedule 13G | – | 60 |
| Everest Consolidator Acquisition Corp | EVCOEverest Consolidator Acquisition Corp | Quiet accumulation | 44.6% | Schedule 13G | – | 60 |
| Calamos Aksia Private Equity & Alternatives Fund | HEDGXCalamos Aksia Hedged Strategies Fund | Quiet accumulation | 26.3% | Schedule 13G | – | 60 |
| GAP INC (GAP) | GAPThe Gap, Inc. | Activist stake | 13.5% | Schedule 13D | – | 60 |
| International Seaways, Inc. (INSW) | INSWInternational Seaways, Inc. | Activist stake | 13.5% | Schedule 13D | – | 60 |
| Privacore VPC Asset Backed Credit Fund | Privacore VPC Asset Backed Credit Fund | Quiet accumulation | 34.8% | Schedule 13G | – | 60 |
| Militia Capital Management LLC | QQQINVESCO QQQ TR | Fresh conviction | 6.7% | New | $227M | 59 |
| Cipher Digital Inc. (CIFR) | CIFRCipher Digital Inc. | Activist stake | 13.2% | Schedule 13D | – | 59 |
| Designer Brands Inc. (DBI) | DBIDesigner Brands Inc. | Activist stake | 12.7% | Schedule 13D | – | 58 |
| Range Advisory, LLC | VOOVANGUARD INDEX FDS | Adding | 15.0% | Added | $126M | 57 |
| SUBURBAN PROPANE PARTNERS LP (SPH) | SPHSuburban Propane Partners LP | Quiet accumulation | 23.0% | Schedule 13G | – | 57 |
| Hess Midstream LP (HESM) | HESMHess Midstream LP | Quiet accumulation | 23.5% | Schedule 13G | – | 57 |
| iSHARES TRUST | TENJiShares Large Cap 10% Target Buffer Jun ETF | Quiet accumulation | 22.7% | Schedule 13G | – | 56 |
| Range Advisory, LLC | VEAVANGUARD TAX-MANAGED FDS | Adding | 12.6% | Added | $105M | 56 |
| Militia Capital Management LLC | BLKBLACKROCK INC | Fresh conviction | 6.0% | New | $204M | 56 |
| FIRST TRUST EXCHANGE-TRADED FUND VIII | NOVMFirst Trust Exchange-Traded Fund VIII | Quiet accumulation | 22.1% | Schedule 13G | – | 55 |
| StoneCo Ltd. (STNE) | STNEStoneCo Ltd. | Activist stake | 10.8% | Schedule 13D | – | 55 |
| iSHARES TRUST | iSHARES TRUST | Quiet accumulation | 21.4% | Schedule 13G | – | 54 |
| SOUTHWEST AIRLINES CO (LUV) | LUVSOUTHWEST AIRLINES CO | Quiet accumulation | 10.2% | Escalated | – | 54 |
| Xponential Fitness, Inc. (XPOF) | XPOFXponential Fitness, Inc. | Activist stake | 9.9% | Schedule 13D | – | 54 |
| Spyre Therapeutics, Inc. (SYRE) | SYRESPYRE THERAPEUTICS, INC. | Activist stake | 10.0% | Schedule 13D | – | 54 |
| Caesarstone Ltd. (CSTE) | CSTECaesarstone Ltd. | Activist stake | 10.4% | Schedule 13D | – | 54 |
| VIRGINIA RETIREMENT SYSTEMS ET Al | AAPLAPPLE INC | Doubling down | 5.6% | Doubled | $939M | 53 |
| GENESIS ENERGY LP (GEL) | GELGenesis Energy LP | Quiet accumulation | 21.0% | Schedule 13G | – | 53 |
| MID PENN BANCORP INC (MPB) | MPBMid Penn Bancorp, Inc. | Activist stake | 9.7% | Schedule 13D | – | 53 |
| Calamos Aksia Private Equity & Alternatives Fund | CAPVXCalamos Aksia Private Equity and Alternatives Fund | Quiet accumulation | 21.2% | Schedule 13G | – | 53 |
| Braemar Hotels & Resorts Inc. (BHR, BHR-PB, BHR-PD) | BHRBraemar Hotels & Resorts Inc. | Activist stake | 9.5% | Schedule 13D | – | 53 |
| Maris Tech Ltd. (MTEK, MTEKW) | MTEKWMaris Tech Ltd. | Quiet accumulation | 20.6% | Schedule 13G | – | 52 |
| Cannae Holdings, Inc. (CNNE) | CNNECannae Holdings, Inc. | Activist stake | 8.8% | Schedule 13D | – | 52 |
| GENERAL DYNAMICS CORP (GD) | GDGENERAL DYNAMICS CORPORATION | Activist stake | 9.0% | Schedule 13D | – | 52 |
| Better Home & Finance Holding Co (BETR, BETRW) | BETRBetter Home & Finance Holding Co | Activist stake | 8.9% | Schedule 13D | – | 52 |
| WISeQey Corp. (WKEY, WSKEF) | WSKEFWISeQey Corp. | Activist stake | 9.0% | Schedule 13D | – | 52 |
| Silvercrest Asset Management Group Inc. (SAMG) | SAMGSilvercrest Asset Management Group Inc. | Activist stake | 8.8% | Schedule 13D | – | 52 |
| GameStop Corp. (GME, GME-WT) | GMEGameStop Corp. | Activist stake | 9.1% | Schedule 13D | – | 52 |
| iSHARES TRUST | EPHEISHARES MSCI PHILIPPINES ETF | Quiet accumulation | 19.8% | Schedule 13G | – | 51 |
| Ares Dynamic Credit Allocation Fund, Inc. (ARDC) | ARDCAres Dynamic Credit Allocation Fund, Inc. | Quiet accumulation | 19.5% | Schedule 13G | – | 50 |
| Ares Dynamic Credit Allocation Fund, Inc. (ARDC) | ARDCAres Dynamic Credit Allocation Fund, Inc. | Quiet accumulation | 19.5% | Schedule 13G | – | 50 |
| Phunware, Inc. (PHUN) | PHUNPhunware, Inc. | Activist stake | 8.0% | Schedule 13D | – | 50 |
How the Whale Score works
A 0 to 100 composite. Institutional moves weight four factors; activist filings (Schedule 13D/13G) are scored separately on form, stake size, and escalation. It's Ezana's own metric, not an SEC figure.
Conviction40
Position as a share of the filer's own portfolio: the best 'is this a bet' signal, and why size alone can't top the list.
Newness30
New position > doubling > adding > trimming, diffed quarter-over-quarter. A full exit of a $100M+ name scores high too.
Concentration20
A 25-name fund making a bet means more than a 3,000-name index fund. Fewer positions, higher weight.
Absolute size10
Above the $100M gate, bigger is marginally stronger, capped low by design so it can't dominate.
How we source it
Built from SEC EDGAR: quarterly Form 13F-HR holdings and Schedule 13D/13G stakes, parsed and stored, then scored by Ezana's composite. The 45-day 13F filing deadline means holdings reflect quarter-end positions, not real-time ones, a lag inherent to the disclosure.
The score is a derived Ezana metric, not a number reported by the SEC. Scores compare each filer's latest quarter with the prior one; a filing is scored only once that prior quarter is loaded, so a position is never called new just because its history is missing.
Tickers mapped from CUSIP via OpenFIGI; unmapped securities show the issuer name.