Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant
AAC.U
AAC.U was delisted on the 6th of November, 2023.
59 hedge funds and large institutions have $164M invested in Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 21 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
16% less funds holding
Funds holding: 70 → 59 (-11)
20% less capital invested
Capital invested by funds: $204M → $164M (-$39.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$3.2M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$999K |
| 3 |
VF
Virtu Financial
New York
|
+$236K |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$206K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$7.43M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.99M |
| 3 |
EH
EMG Holdings
Old Greenwich,
Connecticut
|
-$4.95M |
| 4 |
Goldman Sachs
New York
|
-$4M |
| 5 |
KC
Kepos Capital
New York
|
-$3.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Walleye Capital
New York
| – | -$104 | -10,500 | Closed |
|
|
VCM
77
Vivaldi Capital Management
Chicago,
Illinois
| – | -$99K | -10,000 | Closed |
|
|
WAM
78
Wolverine Asset Management
Chicago,
Illinois
| – | -$3K | -342 | Closed |
|
AAC.U Hedge Fund Activity: Q4 2021 in Review
59 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant (AAC.U) for Q4 2021, worth a combined $164M — down 20% from $204M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of AAC.U and 10 opened new positions — a net loss of 11 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Owl Creek Asset Management, opening a new position worth an estimated $3.2M. The largest seller was Citadel Advisors, cutting an estimated $7.43M.
- 59 institutional investors held Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant (AAC.U) as of Q4 2021, down from 70 in Q3 2021.
- Funds reported $164M of Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant stock for Q4 2021, down 20% quarter-over-quarter.
- 10 funds opened new Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant positions in Q4 2021 and 21 closed out, a net change of -11 holders.
- The largest Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant buyer in Q4 2021 was Owl Creek Asset Management, an estimated $3.2M added.
- The largest Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant seller in Q4 2021 was Citadel Advisors, an estimated $7.43M sold.
Based on aggregated 13F filings for Q4 2021.