Atlantic Coastal Acquisition Corp. Class A Common Stock
ACAH
ACAH was delisted on the 23rd of February, 2024.
22 hedge funds and large institutions have $35.7M invested in Atlantic Coastal Acquisition Corp. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 73 closing their positions.
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
74% less funds holding
Funds holding: 86 → 22 (-64)
88% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 73
89% less capital invested
Capital invested by funds: $317M → $35.7M (-$281M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$3.03M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$935K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$403K |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$403K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tenor Capital Management
New York
|
-$22.2M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$17M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$14.9M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$13.6M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$13.5M |
ACAH Hedge Fund Activity: Q1 2023 in Review
22 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coastal Acquisition Corp. Class A Common Stock (ACAH) for Q1 2023, worth a combined $35.7M — down 89% from $317M a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of ACAH and 9 opened new positions — a net loss of 64 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Sandia Investment Management, opening a new position worth an estimated $3.03M. The largest seller was Tenor Capital Management, cutting an estimated $22.2M.
- 22 institutional investors held Atlantic Coastal Acquisition Corp. Class A Common Stock (ACAH) as of Q1 2023, down from 86 in Q4 2022.
- Funds reported $35.7M of Atlantic Coastal Acquisition Corp. Class A Common Stock stock for Q1 2023, down 89% quarter-over-quarter.
- 9 funds opened new Atlantic Coastal Acquisition Corp. Class A Common Stock positions in Q1 2023 and 73 closed out, a net change of -64 holders.
- The largest Atlantic Coastal Acquisition Corp. Class A Common Stock buyer in Q1 2023 was Sandia Investment Management, an estimated $3.03M added.
- The largest Atlantic Coastal Acquisition Corp. Class A Common Stock seller in Q1 2023 was Tenor Capital Management, an estimated $22.2M sold.
Based on aggregated 13F filings for Q1 2023.