Stocks/CEPF

CEPF

Cantor Equity Partners IV, Inc. Class A Ordinary Shares
Financial Services·Shell Companies
$10.34
$475M market cap
Revenue
$0.0M
Free Cash Flow
$0.0M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
5718144.6x
EV/FCF
5717843.4x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Cantor Equity Partners IV, Inc. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York. Cantor Equity Partners IV, Inc. operates as a subsidiary of Cantor EP Holdings IV, LLC.

2-Year Price History

$10.27+1.3%
$10$10$10$11volAug 25Oct 25Nov 25Dec 25Feb 26Mar 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q10.0-0.1-0.14.10.00.0-0.00.00.00.0<-999%----

Valuation & Metrics

Market Stats

Price$10.34
Market Cap$475M
Enterprise Value$475M
P/S Ratio0.0x
P/FCF5718144.6x
EV/FCF5717843.4x
FCF Margin (TTM)0.0%
FCF Yield0.0%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$0.0M
Net Income$4.1M
Free Cash Flow$0.0M

Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC-47837.7%
WC Change % Rev0.0%
Interest Coverage--

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)-33.7%
Need at least 2 settlement dates for chart

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
89.0%(+0.8% YoY)
92 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
0.2%(-0.0% YoY)
1 filers
Vanguard, iShares, SPDR
Market makers
0.0%(+0.0% YoY)
0 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2025-092025-122026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
Harraden Circle Investments, LLC$31.9M$10.19+$19.6M+$31.9M-28.5%$744M
Alyeska Investment Group, L.P.$21.1M$10.28+$0+$21.1M-0.5%$35.33B
D. E. Shaw & Co., Inc.$18.7M$10.19+$0+$18.7M-0.3%$118.02B
MMCAP International Inc. SPC$15.3M$10.19+$0+$15.3M-3.5%$1.16B
TWO SIGMA INVESTMENTS, LP$14.4M$10.19+$0+$14.4M-0.9%$117.03B
ADAGE CAPITAL PARTNERS GP, L.L.C.$12.7M$10.19+$0+$12.7M-0.1%$64.61B
HighTower Advisors, LLC$12.1M$10.19−$1.6M+$12.1M-0.2%$93.93B
METEORA CAPITAL, LLC$11.8M$10.19−$9.8M+$11.8M-6.1%$69.12B
CITADEL ADVISORS LLC$10.8M$10.19−$2.5M+$10.8M-0.4%$138.22B
LMR Partners LLP$10.2M$10.19+$0+$10.2M-2.0%$8.84B
LINDEN ADVISORS LP$10.2M$10.19+$0+$10.2M-7.0%$1.89B
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$10.2M$10.19+$0+$10.2M-0.2%$60.08B
Lighthouse Investment Partners, LLC$10.2M$10.28+$0+$10.2M+0.3%$2.67B
Vivaldi Asset Management, LLC$10.2M$10.19+$0+$10.2M+3.3%$1.90B
Polar Asset Management Partners Inc.$10.2M$10.19+$0+$10.2M+1.8%$3.16B
TENOR CAPITAL MANAGEMENT Co., L.P.$9.7M$10.19+$0+$9.7M+5.6%$1.50B
Governors Lane LP$8.9M$10.24+$0+$8.9M+1.6%$801M
MILLENNIUM MANAGEMENT LLC$7.7M$10.19+$392K+$7.7M-0.5%$127.40B
Alberta Investment Management Corp$7.6M$10.19+$0+$7.6M-0.4%$14.74B
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP$7.6M$10.19+$0+$7.6M+0.9%$2.68B
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
-2.29%
avg per quarter
Holders (ex-self)
-2.29%
excl. this stock
Buyers (this Q)
-16.65%
19 buyers · $0.04B in
Sellers (this Q)
-2.15%
23 sellers · $0.02B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-8.0%
how holders react when this stock falls
On quiet Qs
-5.7%
−10% to +10% baseline
On rallies (+10%+)
-12.1%
how they react when this stock rises
Holders' portfolio flow this Q
+5.6%
inflows — adds are organic
Sellers' portfolio flow this Q
+1.2%
Sellers grew AUM elsewhere — opinionated cut of this stock.

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

03.8M7.6M11.4M15.1M$10$10$10$10$102025-092025-122026-03
hover the chart for per-quarter detailprice (right axis)
Harraden Circle Investments, LLC3.1MMETEORA CAPITAL, LLC1.2MAlyeska Investment Group, L.P.2.1MD. E. Shaw & Co., Inc.1.8MHighTower Advisors, LLC1.2MMMCAP International Inc. SPC1.5MCITADEL ADVISORS LLC1.1MTWO SIGMA INVESTMENTS, LP1.4MADAGE CAPITAL PARTNERS GP, L.L.C.1.3MHGC Investment Management Inc.550K

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Major holders (≥10% beneficial owners)
Buys ($, 12mo)
$180
2 txns · 2 insiders · 24,300,000 sh
Sells ($, 12mo)
$90
1 txn · 1 insider · 12,150,000 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2025-10-06BUYCantor EP Holdings I, LLCdirector, 10 percent owner, officer: Chairman and CEO12,150,000$0.00$90$83
2025-10-06SELLLUTNICK HOWARD W10 percent owner12,150,000$0.00$90$0
2025-10-06BUYLutnick Brandondirector, 10 percent owner, officer: Chairman and CEO12,150,000$0.00$90$83

Order Flow (FINRA, ~3w lag)

31.3%retail-28.6pp
26.8%dark-4.0pp
week of 2026-04-13
0%20%40%60%80%25-0825-0925-1125-1226-0226-0326-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

CANTOR EQUITY PARTNERS IV, INC.: A Sponsor-Centric Vehicle Optimized for Affiliate Fees

Overall Risk
4/10
Fraud
2/10
Dilution
9/10
Insolvency
2/10
Earnings Overstated
1/10
Hidden Liabilities
4/10
Legal
3/10
Audit Warnings
2/10
Hidden Upside
1/10
Contextually Acceptable
9/10