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AAC.U

Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant

Delisted

AAC.U was delisted on the 6th of November, 2023.

83 hedge funds and large institutions have $297M invested in Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 31 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

41% less funds holding

Funds holding: 14183 (-58)

51% less capital invested

Capital invested by funds: $611M → $297M (-$314M)

52% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 31

85% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 67

Holders
83
Holders Change
-58
Holders Change %
-41.13%
% of All Funds
1.44%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
10
Increased
15
Reduced
31
Closed
67
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SRF
101
Silver Rock Financial
California
-$4.63M -462,713 Closed
AllianceBernstein
102
AllianceBernstein
Tennessee
-$4.03M -402,500 Closed
BTP
103
Bloom Tree Partners
New York
-$4M -400,000 Closed
BGIM
104
Boussard & Gavaudan Investment Management
United Kingdom
-$4M -400,000 Closed
GCM
105
Ghisallo Capital Management
Massachusetts
-$4M -400,000 Closed
MI
106
MMCAP International
Cayman Islands
-$4M -400,000 Closed
PSAMP
107
P. Schoenfeld Asset Management (PSAM)
New York
-$4M -400,000 Closed
SCC
108
Spring Creek Capital
Kansas
-$4M -400,000 Closed
TCM
109
Tenor Capital Management
New York
-$4M -400,000 Closed
OAC
110
OMERS Administration Corp
Ontario, Canada
-$3.63M -362,500 Closed
Susquehanna International Group
111
Susquehanna International Group
Pennsylvania
-$3.56M -355,938 Closed
PMAM
112
Picton Mahoney Asset Management
Ontario, Canada
-$3.5M -350,000 Closed
CCM
113
Context Capital Management
California
-$2.96M -295,900 Closed
WP
114
Woodline Partners
California
-$2.87M -286,666 Closed
D.E. Shaw & Co
115
D.E. Shaw & Co
New York
-$2.5M -250,000 Closed
HI
116
HBK Investments
Texas
-$2.5M -250,000 Closed
RCM
117
Ratan Capital Management
Florida
-$2.5M -250,000 Closed
SCM
118
Segantii Capital Management
Hong Kong
-$2.5M -250,000 Closed
CC
119
Centiva Capital
New York
-$2.27M -226,828 Closed
TCM
120
Tuttle Capital Management
Connecticut
-$2.12M -212,425 Closed
DCM
121
Dupont Capital Management
Delaware
-$2M -200,000 Closed
FBCM
122
Fort Baker Capital Management
California
-$2M -200,000 Closed
GAMA
123
Graticule Asia Macro Advisors
New York
-$2M -200,000 Closed
NAM
124
NewGen Asset Management
Ontario, Canada
-$2M -200,000 Closed
TCA
125
Taconic Capital Advisors
New York
-$2M -200,000 Closed

AAC.U Hedge Fund Activity: Q2 2021 in Review

83 of the 5,746 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 Q2 2021, worth a combined $297M — down 51% from $611M a quarter earlier.

Sellers outnumbered buyers: 67 funds closed out of AAC.U and 10 opened new positions — a net loss of 57 holders — while 31 trimmed existing stakes and 15 added.

The largest buyer was Citadel Advisors, adding an estimated $3.58M. The largest seller was Millennium Management, cutting an estimated $22.4M.

  • 83 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 Q2 2021, down from 141 in Q1 2021.
  • Funds reported $297M of Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant stock for Q2 2021, down 51% 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 Q2 2021 and 67 closed out, a net change of -57 holders.
  • The largest Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant buyer in Q2 2021 was Citadel Advisors, an estimated $3.58M added.
  • The largest Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant seller in Q2 2021 was Millennium Management, an estimated $22.4M sold.

Based on aggregated 13F filings for Q2 2021.