ABG Acquisition Corp. I
ABGI
ABGI was delisted on the 27th of February, 2023.
65 hedge funds and large institutions have $138M invested in ABG Acquisition Corp. I in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 6 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
11% more capital invested
Capital invested by funds: $124M → $138M (+$13.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 67 → 65 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$5.11M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$2.45M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.54M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.33M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$996K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$3.72M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.49M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.15M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$980K |
| 5 |
CF
Cantor Fitzgerald
New York
|
-$980K |
ABGI Hedge Fund Activity: Q3 2022 in Review
65 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in ABG Acquisition Corp. I (ABGI) for Q3 2022, worth a combined $138M — up 11% from $124M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ABGI and 5 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 13 added.
The largest buyer was First Trust Capital Management, adding an estimated $5.11M. The largest seller was Magnetar Financial, cutting an estimated $3.72M.
- 65 institutional investors held ABG Acquisition Corp. I (ABGI) as of Q3 2022, down from 67 in Q2 2022.
- Funds reported $138M of ABG Acquisition Corp. I stock for Q3 2022, up 11% quarter-over-quarter.
- 5 funds opened new ABG Acquisition Corp. I positions in Q3 2022 and 6 closed out, a net change of -1 holder.
- The largest ABG Acquisition Corp. I buyer in Q3 2022 was First Trust Capital Management, an estimated $5.11M added.
- The largest ABG Acquisition Corp. I seller in Q3 2022 was Magnetar Financial, an estimated $3.72M sold.
Based on aggregated 13F filings for Q3 2022.