Ares Acquisition Corporation
AAC
AAC was delisted on the 6th of November, 2023.
55 hedge funds and large institutions have $470M invested in Ares Acquisition Corporation in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 12 closing their positions.
72% more call options, than puts
Call options by funds: $443K | Put options by funds: $258K
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
2% less capital invested
Capital invested by funds: $478M → $470M (-$8.63M)
13% less funds holding
Funds holding: 63 → 55 (-8)
61% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 18
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$7.6M |
| 2 |
CAC
Cowen and Company
New York
|
+$5.9M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$4.43M |
| 4 |
FSI
Flow State Investments
Chicago,
Illinois
|
+$3.73M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCS
Levin Capital Strategies
New York
|
-$5.35M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$4.21M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$4.03M |
| 4 |
CC
Centiva Capital
New York
|
-$3.54M |
| 5 |
JP Morgan Chase
New York
|
-$3.46M |
AAC Hedge Fund Activity: Q3 2023 in Review
55 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Ares Acquisition Corporation (AAC) for Q3 2023, worth a combined $470M — down 1.8% from $478M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of AAC and 4 opened new positions — a net loss of 8 holders — while 18 trimmed existing stakes and 7 added.
The largest buyer was W.R. Berkley Corp, adding an estimated $7.6M. The largest seller was Levin Capital Strategies, cutting an estimated $5.35M.
- 55 institutional investors held Ares Acquisition Corporation (AAC) as of Q3 2023, down from 63 in Q2 2023.
- Funds reported $470M of Ares Acquisition Corporation stock for Q3 2023, down 1.8% quarter-over-quarter.
- 4 funds opened new Ares Acquisition Corporation positions in Q3 2023 and 12 closed out, a net change of -8 holders.
- The largest Ares Acquisition Corporation buyer in Q3 2023 was W.R. Berkley Corp, an estimated $7.6M added.
- The largest Ares Acquisition Corporation seller in Q3 2023 was Levin Capital Strategies, an estimated $5.35M sold.
Based on aggregated 13F filings for Q3 2023.