Blue Ocean Acquisition Corp (BOCN)

• Sector: Financials
• Industry: Blank Checks

Market Cap: 123M

About: Blue Ocean Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]

100% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 3

60.79% more ownership

Funds ownership: 29.25% [Q4 2023] → 90.04% (+60.79%) [Q1 2024]

2% more capital invested

Capital invested by funds: $59.8M [Q4 2023] → $61.2M (+$1.46M) [Q1 2024]

17% less funds holding

Funds holding: 23 [Q4 2023] → 19 (-4) [Q1 2024]

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5