Atlantic Coastal Acquisition Corp. II Unit
ACABU
ACABU was delisted on the 12th of November, 2024.
12 hedge funds and large institutions have $11.5M invested in Atlantic Coastal Acquisition Corp. II Unit in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
29% less funds holding
Funds holding: 17 → 12 (-5)
77% less capital invested
Capital invested by funds: $50.5M → $11.5M (-$39M)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$143K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$1.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$23.7M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$12.6M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
-$2.51M |
| 4 |
PCM
Prelude Capital Management
New York
|
-$246K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$151K |
ACABU Hedge Fund Activity: Q4 2022 in Review
12 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coastal Acquisition Corp. II Unit (ACABU) for Q4 2022, worth a combined $11.5M — down 77% from $50.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ACABU and 1 opened new positions — a net loss of 5 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $143K. The largest seller was HGC Investment Management, exiting entirely with an estimated $23.7M sold.
- 12 institutional investors held Atlantic Coastal Acquisition Corp. II Unit (ACABU) as of Q4 2022, down from 17 in Q3 2022.
- Funds reported $11.5M of Atlantic Coastal Acquisition Corp. II Unit stock for Q4 2022, down 77% quarter-over-quarter.
- 1 fund opened new Atlantic Coastal Acquisition Corp. II Unit positions in Q4 2022 and 6 closed out, a net change of -5 holders.
- The largest Atlantic Coastal Acquisition Corp. II Unit buyer in Q4 2022 was Virtu Financial, an estimated $143K added.
- The largest Atlantic Coastal Acquisition Corp. II Unit seller in Q4 2022 was HGC Investment Management, an estimated $23.7M sold.
Based on aggregated 13F filings for Q4 2022.