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.
5 hedge funds and large institutions have $1.15M invested in Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 18 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
79% less funds holding
Funds holding: 24 → 5 (-19)
94% less capital invested
Capital invested by funds: $17.9M → $1.15M (-$16.8M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$6.03M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.07M |
| 3 |
Jane Street
New York
|
-$1.94M |
| 4 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$1.83M |
| 5 |
Millennium Management
New York
|
-$1.33M |
AAC.U Hedge Fund Activity: Q1 2023 in Review
5 of the 6,283 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 Q1 2023, worth a combined $1.15M — down 94% from $17.9M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of AAC.U and 0 opened new positions — a net loss of 18 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $59K. The largest seller was First Pacific Advisors, exiting entirely with an estimated $6.03M sold.
- 5 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 Q1 2023, down from 24 in Q4 2022.
- Funds reported $1.15M of Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant stock for Q1 2023, down 94% quarter-over-quarter.
- 0 funds opened new Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant positions in Q1 2023 and 18 closed out, a net change of -18 holders.
- The largest Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant buyer in Q1 2023 was Clear Street, an estimated $59K added.
- The largest Ares Acquisition Corporation Units, each consisting of one Class A ordinary share, and one-fifth of one redeemable warrant seller in Q1 2023 was First Pacific Advisors, an estimated $6.03M sold.
Based on aggregated 13F filings for Q1 2023.