Translational Development Acquisition Corp.
Translational Development Acquisition Corp. (TDAC) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · TDAC · as of Sep 30, 2025
Ownership Breakdown
42
Institutional Holders
▲ 3 vs Q2
$155.79M
Total Inst. Value
▲ $13.30M vs Q2
21.91M
Shares Outstanding
freeFloat 100.00%
15.28M
13F Shares Held
▲ 1.32M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
TDAC largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
WOLVERINE ASSET MANAGEMENT LLC services-prepackaged software | 1.56M | 9.03% | 9.03% | $16.12B | Oct 28, 2025 | ▲ 202.4K |
MAGNETAR FINANCIAL LLC services-prepackaged software | 1.30M | 7.54% | 7.54% | $13.46B | Nov 13, 2025 | — held |
AQR ARBITRAGE LLC services-prepackaged software | 1.10M | 6.36% | 6.36% | $11.34B | Nov 14, 2025 | ▼ 3.0K |
LMR PARTNERS LLP services-prepackaged software | 800.0K | 4.64% | 4.64% | $8.28B | Nov 14, 2025 | — held |
HUDSON BAY CAPITAL MANAGEMENT LP services-prepackaged software | 650.0K | 3.77% | 3.77% | $6.73B | Dec 15, 2025 | — held |
FIRST TRUST CAPITAL MANAGEMENT L.P. services-prepackaged software | 650.0K | 3.77% | 3.77% | $6.73B | Nov 17, 2025 | — held |
TENOR CAPITAL MANAGEMENT CO., L.P. services-prepackaged software | 635.4K | 3.68% | 3.68% | $6.58B | Nov 14, 2025 | — held |
KARPUS MANAGEMENT, INC. services-prepackaged software | 616.8K | 3.58% | 3.58% | $6.38B | Nov 14, 2025 | — held |
POLAR ASSET MANAGEMENT PARTNERS INC. services-prepackaged software | 600.0K | 3.48% | 3.48% | $6.21B | Dec 1, 2025 | — held |
LINDEN ADVISORS LP services-prepackaged software | 600.0K | 3.48% | 3.48% | $6.21B | Nov 14, 2025 | — held |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
5
Increased
+865.7K shares5
New Positions
first time holders11
Decreased
−525.6K shares1
Sold Out
fully exitedNet shares change (top 50)
+340.1K
+865.7K / −525.6K
Net new holders
-2
5 new / 1 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
TDAC insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
1
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Hoffman Michael B Chairman and CEO | May 27, 2026 | Purchase | 53,395 | $11.50 | $614.0K | 53.4K | Form 4 ↗ |
Ponomarev Ilya director | May 3, 2021 | Sale | 50,000 | $0.01 | $335 | 402.4K | Form 4 ↗ |
GLAZER CAPITAL, LLC 10 percent owner | Nov 27, 2020 | Sale | 125,855 | $11.48 | $1.44M | 1.60M | Form 4 ↗ |
GLAZER CAPITAL, LLC 10 percent owner | Nov 30, 2020 | Sale | 228,510 | $12.50 | $2.86M | 1.37M | Form 4 ↗ |
GLAZER CAPITAL, LLC 10 percent owner | Dec 1, 2020 | Sale | 369,410 | $13.19 | $4.87M | 1.00M | Form 4 ↗ |
GLAZER CAPITAL, LLC 10 percent owner | Nov 19, 2020 | Sale | 39,100 | $11.10 | $434.0K | 1.18M | Form 4 ↗ |
GLAZER CAPITAL, LLC 10 percent owner | Nov 19, 2020 | Sale | 401,100 | $11.10 | $4.45M | 1.22M | Form 4 ↗ |
Ponomarev Ilya Chief Executive Officer | Oct 26, 2020 | Sale | 330,000 | $0.01 | $2.2K | 452.4K | Form 4 ↗ |
Hudson Bay Capital Management LP 10 percent owner | Aug 28, 2020 | J-Other | 340,000 | $10.76 | $3.66M | 1.10M | Form 4 ↗ |
Hudson Bay Capital Management LP 10 percent owner | Aug 28, 2020 | J-Other | 340,000 | $10.77 | $3.66M | 110.0K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Translational Development Acquisition Corp. (TDAC) is primarily owned by institutional investors, who hold approximately 69.8% of total shares outstanding. Company insiders own approximately 0.00%, while retail and public investors account for the remaining 30.24%.
The largest institutional shareholder of Translational Development Acquisition Corp. is WOLVERINE ASSET MANAGEMENT LLC, holding approximately 1.56 million shares — equal to 9.03% of outstanding shares — as of September 30, 2025.
A total of 42 institutional investors currently hold TDAC stock, with a combined institutional value of approximately $155,786,911 as of the most recent 13F filing period.
Frequently asked questions
TDAC ownershipTranslational Development Acquisition Corp. (TDAC) is primarily owned by institutional investors, who hold approximately 69.8% of shares. The largest shareholder is WOLVERINE ASSET MANAGEMENT LLC with a 9.03% stake. Company insiders hold 0.00%. Data sourced from SEC Form 13F as of September 30, 2025.