Flag Ship Acquisition (FSHP): which funds own it

Who owns Flag Ship Acquisition?

Holders that filed a Schedule 13D or 13G with the SEC for owning more than 5% of the shares: Mizuho Financial Group (13G/A filed Aug 13, 2025) and CVI Investments (13G filed May 19, 2026). Mizuho Securities Usa Llc is listed on Form 4 filings as an owner of more than 10%. As of Jun 30, 2026, the largest holders reported on Form 13F were Mizuho Securities USA (850,500 shares), Berkley W R (449,489 shares) and Heights Capital Management (296,443 shares).

Sources:13G/A by Mizuho Financial Group (Aug 13, 2025) ↗13G by CVI Investments (May 19, 2026) ↗All of the company's proxy statements on EDGAR ↗

We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.

• Mizuho Securities USA851 KBank or trading desk · 24.17% of the company+400 K
• Berkley W R449 KInsurance holding · 12.78% of the company+15 K
• Heights Capital Management296 KType not verified · 8.43% of the company−5,904
• RLH Capital160 KType not verified · 4.55% of the company−89 K
• Polar Asset Management Partners125 KType not verified · 3.55% of the company−25 K
• AQR Arbitrage121 KType not verified · 3.44% of the company+605
• Crossingbridge Advisors94 KType not verified · 2.66% of the company0
• Quarry80 KType not verified · 2.27% of the company−50 K
• Clear Street Group58 KBank or trading desk · 1.65% of the company−491
• Westchester Capital Management53 KInvestment firm · 1.50% of the company0

The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.

Shares outstanding: buybacks and dilution

From the statements the company filed with the SEC (10-K). The change compares average diluted shares of each fiscal year, on today's basis: negative = it bought back more than it issued; positive = dilution. “No data” = the company does not report that item under a tag we can read; it does not mean zero.

Earnings quality and debt

From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.

Above 5% over time (13D/13G)

Each holder with its filings in order. History since December 2024.

Flagged material events (8-K)

• Aug 31, 2026Seriousfiling ↗

  Notice of delisting or failure to meet a listing rule (Item 3.01)

• May 27, 2026Seriousfiling ↗

  Notice of delisting or failure to meet a listing rule (Item 3.01)

  «Flag Ship Acquisition Corporation Receives Additional Nasdaq Notification Regarding Late Filing of Quarterly Report»

• Apr 22, 2026Seriousfiling ↗

  Notice of delisting or failure to meet a listing rule (Item 3.01)

  «Flag Ship Acquisition Corp Receives Nasdaq Notification of Non-Compliance with Listing Rules»

• Jul 21, 2026Mediumfiling ↗

  Change of auditor (Item 4.01)

Alert items the company itself flagged in its 8-K filings with the SEC, most serious first. It is the form's label, with no interpretation from us: Item 5.02 covers routine appointments as well as a chief executive's departure; open the filing. The quoted headline is the original press release's.