Atlantic Coastal Acquisition Corp. II Unit
ACABU
ACABU was delisted on the 12th of November, 2024.
17 hedge funds and large institutions have $50.5M invested in Atlantic Coastal Acquisition Corp. II Unit in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $51.4M → $50.5M (-$899K)
19% less funds holding
Funds holding: 21 → 17 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$4.5M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$235K |
| 3 |
CS
Clear Street
New York
|
+$11.1K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$143 |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$102 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.74M |
| 2 |
SFM
Soros Fund Management
New York
|
-$1.58M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$1.5M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$525K |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$498K |
ACABU Hedge Fund Activity: Q3 2022 in Review
17 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coastal Acquisition Corp. II Unit (ACABU) for Q3 2022, worth a combined $50.5M — down 1.7% from $51.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ACABU and 1 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was HGC Investment Management, adding an estimated $4.5M. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.74M sold.
- 17 institutional investors held Atlantic Coastal Acquisition Corp. II Unit (ACABU) as of Q3 2022, down from 21 in Q2 2022.
- Funds reported $50.5M of Atlantic Coastal Acquisition Corp. II Unit stock for Q3 2022, down 1.7% quarter-over-quarter.
- 1 fund opened new Atlantic Coastal Acquisition Corp. II Unit positions in Q3 2022 and 5 closed out, a net change of -4 holders.
- The largest Atlantic Coastal Acquisition Corp. II Unit buyer in Q3 2022 was HGC Investment Management, an estimated $4.5M added.
- The largest Atlantic Coastal Acquisition Corp. II Unit seller in Q3 2022 was Goldman Sachs, an estimated $1.74M sold.
Based on aggregated 13F filings for Q3 2022.