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.
39 hedge funds and large institutions have $38M invested in Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 7 closing their positions.
13% less funds holding
Funds holding: 45 → 39 (-6)
21% less capital invested
Capital invested by funds: $47.9M → $38M (-$9.84M)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$494K |
| 2 |
RFA
Resurgent Financial Advisors
Atlanta,
Georgia
|
+$412K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$349K |
| 4 |
EAM
Exos Asset Management
New York
|
+$243K |
| 5 |
CS
Clear Street
New York
|
+$85.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.95M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$2.57M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.68M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.24M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$846K |
AAC.U Hedge Fund Activity: Q2 2022 in Review
39 of the 5,959 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 2022, worth a combined $38M — down 21% from $47.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of AAC.U and 1 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Wealthspring Capital, adding an estimated $494K. The largest seller was Magnetar Financial, cutting an estimated $2.95M.
- 39 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 2022, down from 45 in Q1 2022.
- Funds reported $38M of Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant stock for Q2 2022, down 21% quarter-over-quarter.
- 1 fund opened new Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant positions in Q2 2022 and 7 closed out, a net change of -6 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 2022 was Wealthspring Capital, an estimated $494K 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 2022 was Magnetar Financial, an estimated $2.95M sold.
Based on aggregated 13F filings for Q2 2022.