Ares Acquisition Corporation
AAC
AAC was delisted on the 6th of November, 2023.
63 hedge funds and large institutions have $478M invested in Ares Acquisition Corporation in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 9 closing their positions.
161% more call options, than puts
Call options by funds: $473K | Put options by funds: $181K
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
9% more funds holding
Funds holding: 58 → 63 (+5)
2% more capital invested
Capital invested by funds: $468M → $478M (+$9.96M)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$24.5M |
| 2 |
CAC
Cowen and Company
New York
|
+$15.9M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$7.31M |
| 4 |
LCS
Levin Capital Strategies
New York
|
+$4.4M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$14.5M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$10.9M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$9.82M |
| 4 |
Jane Street
New York
|
-$8.35M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$6.61M |
AAC Hedge Fund Activity: Q2 2023 in Review
63 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Ares Acquisition Corporation (AAC) for Q2 2023, worth a combined $478M — up 2.1% from $468M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new AAC positions and 9 closed out — a net gain of 5 holders — while 9 added to existing stakes and 14 trimmed.
The largest buyer was First Trust Capital Management, adding an estimated $24.5M. The largest seller was Bank of Montreal, exiting entirely with an estimated $14.5M sold.
- 63 institutional investors held Ares Acquisition Corporation (AAC) as of Q2 2023, up from 58 in Q1 2023.
- Funds reported $478M of Ares Acquisition Corporation stock for Q2 2023, up 2.1% quarter-over-quarter.
- 14 funds opened new Ares Acquisition Corporation positions in Q2 2023 and 9 closed out, a net change of +5 holders.
- The largest Ares Acquisition Corporation buyer in Q2 2023 was First Trust Capital Management, an estimated $24.5M added.
- The largest Ares Acquisition Corporation seller in Q2 2023 was Bank of Montreal, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2023.