ABG Acquisition Corp. I
ABGI
ABGI was delisted on the 27th of February, 2023.
67 hedge funds and large institutions have $150M invested in ABG Acquisition Corp. I in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
9% more capital invested
Capital invested by funds: $137M → $150M (+$12.7M)
3% more funds holding
Funds holding: 65 → 67 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.67M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.81M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$2.12M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$1.82M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.06M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.33M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.15M |
| 4 |
HF
HRT Financial
New York
|
-$743K |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$645K |
ABGI Hedge Fund Activity: Q4 2022 in Review
67 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in ABG Acquisition Corp. I (ABGI) for Q4 2022, worth a combined $150M — up 9.3% from $137M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ABGI positions and 7 closed out — a net gain of 2 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $4.67M. The largest seller was Magnetar Financial, cutting an estimated $2.06M.
- 67 institutional investors held ABG Acquisition Corp. I (ABGI) as of Q4 2022, up from 65 in Q3 2022.
- Funds reported $150M of ABG Acquisition Corp. I stock for Q4 2022, up 9.3% quarter-over-quarter.
- 9 funds opened new ABG Acquisition Corp. I positions in Q4 2022 and 7 closed out, a net change of +2 holders.
- The largest ABG Acquisition Corp. I buyer in Q4 2022 was Westchester Capital Management (New York), an estimated $4.67M added.
- The largest ABG Acquisition Corp. I seller in Q4 2022 was Magnetar Financial, an estimated $2.06M sold.
Based on aggregated 13F filings for Q4 2022.