BLUWNasdaqBlank ChecksFiscal year ends December 31Also trades as BLUWU, BLUWW
Blue Water Acquisition Corp. III
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026
$10.38+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
96.9%
25M of 26M shares
Institutional holders
60
3 new, 1 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
0 buys · 2 sales
Net bought $0
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| YA Global Investments II (U.S.), LP | 6,755,000 | 20.90% | 13D (active) | Nov 25, 2025 |
| Anson Management GP LLC | 2,585,000 | 9.90% | 13G (passive) | Dec 31, 2025 |
| Harraden Circle Investors GP, LLC | 1,722,800 | 6.63% | 13G (passive) | Dec 1, 2025 |
| AQR Arbitrage, LLC | 1,500,000 | 5.77% | 13G (passive) | Jun 30, 2025 |
| David J. Snyderman | 1,500,000 | 5.77% | 13G (passive) | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BLUW | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Anson Funds Management LP | 2,485,000 | 9.56% | $25.67M | −2,485,000 | 1.52% |
| Magnetar Financial LLC | 1,500,000 | 5.77% | $15.47M | – | 0.14% |
| D. E. Shaw & Co., Inc. | 1,252,350 | 4.82% | $12.91M | – | 0.01% |
| AQR Arbitrage LLC | 1,122,420 | 4.32% | $11.57M | +9,416 | 0.16% |
| Harraden Circle Investments, LLC | 1,050,642 | 4.04% | $10.85M | −571,958 | 1.38% |
| Glazer Capital, LLC | 1,011,296 | 3.89% | $10.44K | +271,296 | 0.26% |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 1,000,000 | 3.85% | $10.33M | – | 0.15% |
| Linden Advisors LP | 900,000 | 3.46% | $9.28M | – | 0.05% |
| Verition Fund Management LLC | 832,731 | 3.20% | $8.59M | +32,900 | 0.04% |
| LMR Partners LLP | 800,000 | 3.08% | $8.26M | – | 0.03% |
| Two Sigma Investments, LP | 797,500 | 3.07% | $8.22M | – | 0.01% |
| Berkley W R Corp | 731,506 | 2.82% | $7.54M | – | 0.35% |
| Meteora Capital, LLC | 678,211 | 2.61% | $6.99M | +261,180 | 0.58% |
| Alberta Investment Management Corp | 600,000 | 2.31% | $6.19M | New | 0.03% |
| Mizuho Securities USA LLC | 582,638 | 2.24% | $5.96M | +278,030 | 0.06% |
| Millennium Management LLC | 570,300 | 2.19% | $5.89M | – | 0.00% |
| Westchester Capital Management, LLC | 565,552 | 2.18% | $5.83M | – | 0.29% |
| Radcliffe Capital Management, L.P. | 475,000 | 1.83% | $4.90M | – | 0.37% |
| Rivernorth Capital Management, LLC | 451,223 | 1.74% | $4.67M | – | 0.22% |
| Moore Capital Management, LP | 450,000 | 1.73% | $4.65M | – | 0.07% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 60 | 25M | 96.9% | 3 / 8 | 11 / 1 | 2M | 3M |
| Q1 2026 | 58 | 27M | 100.0% | 3 / 10 | 11 / 4 | 4M | 1M |
| Q4 2025 | 60 | 24M | 90.8% | 13 / 7 | 18 / 6 | 7M | 5M |
| Q3 2025 | 54 | 21M | 81.7% | 54 / 0 | 0 / 0 | 21M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BLUW | Value | % of fund | As of |
|---|---|---|---|---|---|
| First Trust Merger Arbitrage Fund | 206,326 | 0.79% | $2.13M | 0.13% | Jun 30, 2026 |
| First Trust Multi-Strategy Fund | 42,218 | 0.16% | $435.27K | 0.03% | Jun 30, 2026 |
| Global Multi-Strategy Fund | 11,751 | 0.05% | $120.68K | 0.02% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Kevin McGurn | Chief Executive Officer, Director | – | – | Dec 4, 2025 |
| Joseph Hernandez | Chief Executive Officer, Director, 10% owner | 430,000 | 1.65% | Nov 28, 2025 |
| Troy Rillo | Chief Financial Officer | – | – | Dec 5, 2025 |
| Martha F. Ross | Chief Financial Officer | – | – | Jun 9, 2025 |
| Mark Angelo | Director, 10% owner | – | – | Aug 13, 2026 |
| Scott Glabe | Director | – | – | Dec 9, 2025 |
| Mark S. Hiltwein | Director | – | – | Dec 5, 2025 |
| Devin G. Nunes | Director | – | – | Dec 5, 2025 |
| Ishdeep Dugal | Director | – | – | Jun 9, 2025 |
| Timothy Neal Coulson | Director | – | – | Jun 9, 2025 |
| Trevor Leonard Hawkins | Director | – | – | Jun 9, 2025 |
| Laurent Didier Hermouet | Director | – | – | Jun 9, 2025 |
| Yorkville BW Acquisition Sponsor, LLC | 10% owner | 430,000 | 1.65% | Aug 13, 2026 |
| Water Acquisition III LLC Blue | 10% owner | 430,000 | 1.65% | Nov 28, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Joseph Hernandez Chief Executive Officer, Director, 10% owner | Nov 25, 2025 | Sale | −430,000 | – | – | 430,000 |
| Water Acquisition III LLC Blue 10% owner | Nov 25, 2025 | Sale | −430,000 | – | – | 430,000 |
| Joseph Hernandez Chief Executive Officer, Director, 10% owner | Jun 11, 2025 | Buy | +430,000 | – | – | 430,000 |
| Water Acquisition III LLC Blue 10% owner | Jun 11, 2025 | Buy | +430,000 | – | – | 430,000 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.