Atlantic Coastal Acquisition Corp. II Unit
ACABU
ACABU was delisted on the 12th of November, 2024.
6 hedge funds and large institutions have $5.41M invested in Atlantic Coastal Acquisition Corp. II Unit in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 8 closing their positions.
50% less funds holding
Funds holding: 12 → 6 (-6)
53% less capital invested
Capital invested by funds: $11.5M → $5.41M (-$6.14M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$25.8K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$3.97M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.02M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$509K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$305K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$234K |
ACABU Hedge Fund Activity: Q1 2023 in Review
6 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coastal Acquisition Corp. II Unit (ACABU) for Q1 2023, worth a combined $5.41M — down 53% from $11.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ACABU and 2 opened new positions — a net loss of 6 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Clear Street, opening a new position worth an estimated $25.8K. The largest seller was First Pacific Advisors, exiting entirely with an estimated $3.97M sold.
- 6 institutional investors held Atlantic Coastal Acquisition Corp. II Unit (ACABU) as of Q1 2023, down from 12 in Q4 2022.
- Funds reported $5.41M of Atlantic Coastal Acquisition Corp. II Unit stock for Q1 2023, down 53% quarter-over-quarter.
- 2 funds opened new Atlantic Coastal Acquisition Corp. II Unit positions in Q1 2023 and 8 closed out, a net change of -6 holders.
- The largest Atlantic Coastal Acquisition Corp. II Unit buyer in Q1 2023 was Clear Street, an estimated $25.8K added.
- The largest Atlantic Coastal Acquisition Corp. II Unit seller in Q1 2023 was First Pacific Advisors, an estimated $3.97M sold.
Based on aggregated 13F filings for Q1 2023.