Ares Acquisition Corporation
AAC
AAC was delisted on the 6th of November, 2023.
58 hedge funds and large institutions have $468M invested in Ares Acquisition Corporation in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 9 increasing their positions, 20 reducing their positions, and 65 closing their positions.
36% more call options, than puts
Call options by funds: $517K | Put options by funds: $379K
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
47% less funds holding
Funds holding: 109 → 58 (-51)
51% less capital invested
Capital invested by funds: $960M → $468M (-$491M)
55% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 20
75% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$26.6M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$20M |
| 3 |
CAC
Cowen and Company
New York
|
+$13.3M |
| 4 |
CC
Centiva Capital
New York
|
+$10.4M |
| 5 |
AMC
Atlas Merchant Capital
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$61.3M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$48.8M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$36M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$33.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$28.7M |
AAC Hedge Fund Activity: Q1 2023 in Review
58 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Ares Acquisition Corporation (AAC) for Q1 2023, worth a combined $468M — down 51% from $960M a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of AAC and 16 opened new positions — a net loss of 49 holders — while 20 trimmed existing stakes and 9 added.
The largest buyer was Meteora Capital, adding an estimated $26.6M. The largest seller was Glazer Capital LLC, cutting an estimated $61.3M.
- 58 institutional investors held Ares Acquisition Corporation (AAC) as of Q1 2023, down from 109 in Q4 2022.
- Funds reported $468M of Ares Acquisition Corporation stock for Q1 2023, down 51% quarter-over-quarter.
- 16 funds opened new Ares Acquisition Corporation positions in Q1 2023 and 65 closed out, a net change of -49 holders.
- The largest Ares Acquisition Corporation buyer in Q1 2023 was Meteora Capital, an estimated $26.6M added.
- The largest Ares Acquisition Corporation seller in Q1 2023 was Glazer Capital LLC, an estimated $61.3M sold.
Based on aggregated 13F filings for Q1 2023.