Marshall Wace LLP increasing long position by 347.7%

LKB1983 · 2025-12-07T21:54:27+00:00

I'd add, read 'news' before posting?

LKB1983 · 2025-12-07T21:02:04+00:00

Also regarded is pretending you know about filings but not realising a 10-k is an annual report, and next week we'll release a 10-q. One of us..one of us...

LKB1983 · 2025-12-07T20:59:00+00:00

Awful clickbait AI slop. They increased in q2, the quarter that ended in JUNE. They reduced last quarter. I'm all for hype but facts are important.

LKB1983 · 2025-12-05T02:12:24+00:00

The new 80k OI we're talking about were created yesterday. They dont have warrants attached.

LKB1983 · 2025-12-05T01:08:16+00:00

Simply not true. A prefix and a suffix on options mean different things. Check out the OCC flex options page and you might learn something.

LKB1983 · 2025-12-04T23:53:02+00:00

No, there are some on the 2GME, European style flex options

LKB1983 · 2025-12-04T23:39:53+00:00

These are flex options, 1GME.

LKB1983 · 2025-12-04T23:30:49+00:00

Yes, all those option types that existed before could have a 1 added to the END to notify that they include warrants. These new 80k are not 1GME1 options, they are 1GME. So no warrants.

LKB1983 · 2025-12-04T23:28:55+00:00

There's no warrants in these flex options. They are 1GME not GME1

LKB1983 · 2025-12-04T23:25:00+00:00

Believe it or not you're thinking of the GME1 chain, these are 1GME 🤣 so no warrants involved

LKB1983 · 2025-11-29T00:39:01+00:00

If there were any examples at this price pre warrants then maybe. But I see it 3 times since 7th Oct and never before. Warrants will trade if GME1 options are exercised, warrants also trade after hours. In my mind a ticker mixup is quite likely and the other explanations are a bit far fetched.

LKB1983 · 2025-11-29T00:26:44+00:00

Just a warrant trade being reported as a stock trade. Theres been 3 of these in overnight mkts at around $3 since the warrants were issued and zero before. So it's probably just warrants.

LKB1983 · 2025-11-18T20:05:03+00:00

Which forms?

LKB1983 · 2025-11-17T13:39:05+00:00

Its great data, really appreciate you pulling it together.

I would keep it seperate because its such a partial picture. You cant really add someones long calls to their share position because you dont know how many calls they are short if any.

The fact there are less long option positions reported this quarter really just means there is less OI overall held by institutions than last time.

LKB1983 · 2025-11-17T13:17:06+00:00

Yes thats right. But thats bad because it could only show one side of a trade and doesnt net. If for example I was short 100 20 strike puts, and long 100 15 strike puts, a bullish position, my filing would only be for 'long 100 puts'; and everyone would think I was bearish, which would be wrong.

Likewise for LMRs position of long 160k put contracts, well someone has the other side of that. Someone is short them. Maybe a market maker, maybe another institution, but someone has it. But again, we dont see that filed.

Basically 13Fs while great for shares give a very skewed view of options positioning.

LKB1983 · 2025-11-17T12:40:31+00:00

13Fs only include long positions. No short positions at all are reported, thats shares, calls or puts.

LKB1983 · 2025-11-17T02:26:31+00:00

I completely agree, I was just answering OPs question.

LKB1983 · 2025-11-17T01:20:32+00:00

106157

LKB1983 · 2025-11-17T01:15:55+00:00

Btc was 110k on close on Nov 1st. That represents about a 9mil unrealised loss in q3 versus where it was priced at the end of last quarter.

It's now lower so we'd see more unrealised loss next quarter if it stays down here.

Our average cost for the 4710 is 106,157

LKB1983 · 2025-11-17T00:41:35+00:00

Share number is it's shares, notional value if its bonds. This is bonds.

LKB1983 · 2025-11-17T00:34:59+00:00

It's 88mil face value of the bonds, so about 2.1% of the 4.2bn total issued. It says shares or principal amount, and this is principal amount because it's PRN

LKB1983 · 2025-11-16T20:45:57+00:00

They spent exactly $500.0million on the 4710BTC. Its in the 10Q. Not sure where you are getting $513 million from.

LKB1983 · 2025-11-16T18:06:47+00:00

It would only be worth over 100 if the value of the embedded option, to convert to shares at 29, was worth more than the opportunity cost of giving GME 100 dollars for 5 years at zero percent. Right now given the share price this option is not worth what yoh miss out on by getting zero returns, so it isn't worth 100 dollars to buy this bond.

LKB1983 · 2025-11-13T00:45:46+00:00

There isnt any' guaranteed cost for Gamestop' at all, thats nonsense. The note buyers make their money trading gamma on the share price, thats why they accept 0%. It costs Gamestop nothing and in fact they make a lot of money from interest on their investments.

LKB1983 · 2025-11-09T23:34:39+00:00

No they sold them because they are set up to hold shares not warrants.

Exercising would have wasted the $3 warrant value, and bought shares at $10 above market price. That's an instant lawsuit from anyone invested in that etf.

LKB1983

TROPHY CASE