Ares Acquisition Corp II Units
AACT.U
AACT.U was delisted on the 24th of September, 2025.
11 hedge funds and large institutions have $37.7M invested in Ares Acquisition Corp II Units in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
9.38% less ownership
Funds ownership: 16.55% → 7.17% (-9.4%)
21% less funds holding
Funds holding: 14 → 11 (-3)
56% less capital invested
Capital invested by funds: $86M → $37.7M (-$48.3M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QL
Quarry LP
New York
|
+$557K |
| 2 |
Walleye Capital
New York
|
+$398K |
| 3 |
Walleye Trading
New York
|
+$199K |
| 4 |
CS
Clear Street
New York
|
+$73K |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$24K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$41.1M |
| 2 |
Capstone Investment Advisors
New York
|
-$3.12M |
| 3 |
SGM
Seven Grand Managers
Bronxville,
New York
|
-$1.75M |
| 4 |
EFI
EHP Funds Inc
Toronto,
Canada
|
-$1.61M |
| 5 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$1.31M |
AACT.U Hedge Fund Activity: Q4 2023 in Review
11 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Ares Acquisition Corp II Units (AACT.U) for Q4 2023, worth a combined $37.7M — down 56% from $86M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of AACT.U and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Quarry LP, opening a new position worth an estimated $557K. The largest seller was HGC Investment Management, exiting entirely with an estimated $41.1M sold.
- 11 institutional investors held Ares Acquisition Corp II Units (AACT.U) as of Q4 2023, down from 14 in Q3 2023.
- Funds reported $37.7M of Ares Acquisition Corp II Units stock for Q4 2023, down 56% quarter-over-quarter.
- 2 funds opened new Ares Acquisition Corp II Units positions in Q4 2023 and 5 closed out, a net change of -3 holders.
- The largest Ares Acquisition Corp II Units buyer in Q4 2023 was Quarry LP, an estimated $557K added.
- The largest Ares Acquisition Corp II Units seller in Q4 2023 was HGC Investment Management, an estimated $41.1M sold.
Based on aggregated 13F filings for Q4 2023.