DYOR
Insight Digital Partners IIFinancial Services·Asset Management
$10.04
$173M market cap
Revenue
$0.0M
Free Cash Flow
$-0.3M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Insight Digital Partners II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on July 11, 2025 and is headquartered in New York, NY.
2-Year Price History
$10.03+1.2%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2025-Q4 | 0.0 | -0.2 | -0.2 | 0.9 | -0.3 | -0.3 | -0.0 | 1.3 | 0.0 | 23.0 | -1.6% | -- | -- |
Valuation & Metrics
Market Stats
Price$10.04
Market Cap$173M
Enterprise Value$172M
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)0.0%
FCF Yield-0.2%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$0.0M
Net Income$0.9M
Free Cash Flow$-0.3M
Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC-1.6%
WC Change % Rev0.0%
Interest Coverage--
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)+1.4%
Need at least 2 settlement dates for chart
Cash Runway
50.6months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
1.2%(+0.0% YoY)
39 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-0.0% YoY)
1 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Polar Asset Management Partners Inc. | $229K | $9.91 | +$0 | +$229K | +1.8% | $3.16B |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | $201K | $9.95 | +$5.1M | +$201K | -5.6% | $1.12B |
| JPMORGAN CHASE & CO | $201K | $9.96 | +$6.9M | +$201K | -0.2% | $1.47T |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $164K | $9.91 | −$884K | +$164K | -0.1% | $64.61B |
| LINDEN ADVISORS LP | $99K | $9.91 | +$0 | +$99K | -7.0% | $1.89B |
| Shaolin Capital Management LLC | $98K | $9.91 | −$485K | +$98K | +7.5% | $1.20B |
| TENOR CAPITAL MANAGEMENT Co., L.P. | $91K | $9.91 | +$0 | +$91K | +5.6% | $1.50B |
| Verition Fund Management LLC | $78K | $9.91 | −$1.6M | +$78K | -0.4% | $9.73B |
| Magnetar Financial LLC | $61K | $9.91 | +$0 | +$61K | -0.8% | $9.54B |
| Saba Capital Management, L.P. | $60K | $9.91 | +$0 | +$60K | -4.4% | $3.09B |
| PERISCOPE CAPITAL INC. | $59K | $9.91 | +$0 | +$59K | +1.7% | $559M |
| GLAZER CAPITAL, LLC | $58K | $9.91 | +$0 | +$58K | +8.8% | $4.51B |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $58K | $9.96 | +$2.0M | +$58K | -0.2% | $60.08B |
| Parallax Volatility Advisers, L.P. | $52K | $9.93 | +$570K | +$52K | +1.5% | $2.03B |
| Radcliffe Capital Management, L.P. | $49K | $9.91 | +$0 | +$49K | +3.9% | $1.33B |
| Lineage Point Capital LP | $48K | $9.91 | +$0 | +$48K | +5.2% | $409M |
| Bulldog Investors, LLC | $46K | $9.93 | +$613K | +$46K | -0.9% | $445M |
| Context Capital Management, LLC | $46K | $9.91 | +$0 | +$46K | +1.5% | $541M |
| Fort Baker Capital Management LP | $46K | $9.91 | +$0 | +$46K | -1.1% | $974M |
| ARISTEIA CAPITAL LLC | $46K | $9.91 | +$0 | +$46K | +5.0% | $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
+0.48%
avg per quarter
Holders (ex-self)
+0.48%
excl. this stock
Buyers (this Q)
-1.21%
12 buyers · $0.00B in
Sellers (this Q)
+1.44%
4 sellers · $0.00B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-5.7%
how holders react when this stock falls
On quiet Qs
-2.3%
−10% to +10% baseline
On rallies (+10%+)
-13.0%
how they react when this stock rises
Holders' portfolio flow this Q
+0.8%
inflows — adds are organic
Sellers' portfolio flow this Q
-17.8%
Sellers shed AUM broadly — partly forced.
Biggest decreases this quarter
New buyers this quarter
Top-5 holders · 41.1%
Polar Asset Management Partners Inc.--
HIGHBRIDGE CAPITAL MANAGEMENT LLC--
JPMORGAN CHASE & CO--
ADAGE CAPITAL PARTNERS GP, L.L.C.--
LINDEN ADVISORS LP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Polar Asset Management Partners Inc.750KADAGE CAPITAL PARTNERS GP, L.L.C.586KJPMORGAN CHASE & CO694KHIGHBRIDGE CAPITAL MANAGEMENT LLC694KHarraden Circle Investments, LLC—Verition Fund Management LLC269KShaolin Capital Management LLC350KLINDEN ADVISORS LP325KTENOR CAPITAL MANAGEMENT Co., L.P.325KMagnetar Financial LLC200KSaba Capital Management, L.P.197K
Corporate
Order Flow (FINRA, ~3w lag)
1.0%retail+22.2pp
3.2%dark-13.5pp
week of 2026-04-06
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.