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AAC

Ares Acquisition Corporation

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 88 (0)

2% less capital invested

Capital invested by funds: $478M → $470M (-$8.63M)

13% less funds holding

Funds holding: 6355 (-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

Holders
55
Holders Change
-8
Holders Change %
-12.7%
% of All Funds
0.87%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
4
Increased
7
Reduced
18
Closed
12
Calls
$443K
Puts
$258K
Net Calls
+$185K
Net Calls Change
-$107K
Name Holding Trade Value Shares
Change
Change in
Stake
GCL
1
Glazer Capital LLC
New York
$65.3M -$2.77M -259,819 -4%
AC
2
Aristeia Capital
Connecticut
$36.6M
CAC
3
Cowen and Company
New York
$36.4M +$5.9M +553,775 +20%
WCMNY
4
Westchester Capital Management (New York)
New York
$33.4M +$1.06M +99,509 +3%
FTCM
5
First Trust Capital Management
Illinois
$32.7M
MC
6
Meteora Capital
Florida
$20.4M -$304K -28,516 -1%
PAMP
7
Polar Asset Management Partners
Ontario, Canada
$20.1M
FTCM
8
Fir Tree Capital Management
New York
$16.4M -$4.03M -378,123 -20%
FCM
9
Farallon Capital Management
California
$15.3M
Millennium Management
10
Millennium Management
New York
$15M -$146K -13,694 -1%
AMC
11
Atlas Merchant Capital
New York
$14M
SC
12
Sculptor Capital
New York
$13.2M
RCM
13
Radcliffe Capital Management
Pennsylvania
$11.8M -$1.08M -101,070 -8%
WRBC
14
W.R. Berkley Corp
Connecticut
$10.4M +$7.6M +713,671 +286%
BFM
15
Boothbay Fund Management
New York
$10.2M -$547K -51,343 -5%
MCM
16
Moore Capital Management
New York
$8.61M
FSI
17
Flow State Investments
Illinois
$8.08M +$3.73M +350,000 +87%
Bank of America
18
Bank of America
North Carolina
$8.07M
SCM
19
Saba Capital Management
New York
$7.96M
CCA
20
Castle Creek Arbitrage
Colorado
$7.59M +$64K +6,005 +0.9%
LP
21
LMR Partners
United Kingdom
$7.53M
HSBC Holdings
22
HSBC Holdings
United Kingdom
$7.16M -$1.74M -163,398 -20%
CC
23
Centiva Capital
New York
$7.13M -$3.54M -331,909 -33%
MSU
24
Mizuho Securities USA
New York
$7.02M +$4.43M +415,586 +173%
RCM
25
Rivernorth Capital Management
Florida
$6.77M -$879K -82,530 -12%

AAC Hedge Fund Activity: Q3 2023 in Review

55 of the 6,301 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.