Tenor Capital Management’s IB Acquisition Corp IBAC Stock Holding History

Tenor Capital Management’s Portfolio IBAC Stock Details IBAC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-100,000	Closed	-$1.05M	–	454
2025 Q3	$1.05M	Hold	100,000	–	–	0.01%	228
2025 Q2	$1.05M	Hold	100,000	–	–	0.01%	216
2025 Q1	$1.03M	Hold	100,000	–	–	0.01%	178
2024 Q4	$1.01M	Hold	100,000	–	–	0.01%	164
2024 Q3	$1M	Hold	100,000	–	–	0.01%	149
2024 Q2	$997K	Buy	+100,000	New	+$997K	0.02%	153

Other funds holding IBAC

AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return

WAM

Wolverine Asset Management Chicago, Illinois $10.4B AUM 4.78% 1-Year Est. Return

Clear Street New York $24.6B AUM 56.26% 1-Year Est. Return

Crossingbridge Advisors Pleasantville, New York $553M AUM 1.29% 1-Year Est. Return

Virtu Financial New York $2.41B AUM 48.35% 1-Year Est. Return

HRT Financial New York $40.1B AUM 58.22% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

FTUS

Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return

ABC Arbitrage Paris, France $926M AUM 45.9% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Tenor Capital Management's IBAC Position: Q4 2025 in Review

Tenor Capital Management sold out of IB Acquisition Corp (IBAC) in Q4 2025, closing a stake of 100,000 shares — an estimated $1.05M sold.

Tenor Capital Management first reported a position in IBAC in Q2 2024 and held it in 6 quarters. The position peaked at $1.05M in Q3 2025. 12 funds tracked by Wall St. Rank hold IBAC as of Q4 2025.

Tenor Capital Management reported no remaining IB Acquisition Corp position as of Q4 2025 after selling out during the quarter.
Tenor Capital Management sold 100,000 IB Acquisition Corp shares in Q4 2025, an estimated $1.05M.
Tenor Capital Management first reported a position in IB Acquisition Corp in Q2 2024 and held it in 6 quarters.
Tenor Capital Management's IB Acquisition Corp position peaked at $1.05M in Q3 2025.
12 funds tracked by Wall St. Rank held IB Acquisition Corp as of Q4 2025.

Based on Tenor Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.