Atlantic Coastal Acquisition Corp. Unit
ACAHU
ACAHU was delisted on the 23rd of January, 2024.
3 hedge funds and large institutions have $140K invested in Atlantic Coastal Acquisition Corp. Unit in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 13 closing their positions.
81% less funds holding
Funds holding: 16 → 3 (-13)
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 13
97% less capital invested
Capital invested by funds: $5.48M → $140K (-$5.34M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Boundary Creek Advisors
New York
|
-$1M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$887K |
| 3 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$884K |
| 4 |
HF
HRT Financial
New York
|
-$750K |
| 5 |
MFM
MHR Fund Management
New York
|
-$250K |
ACAHU Hedge Fund Activity: Q1 2023 in Review
3 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Atlantic Coastal Acquisition Corp. Unit (ACAHU) for Q1 2023, worth a combined $140K — down 97% from $5.48M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ACAHU and 1 opened new positions — a net loss of 12 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $101K. The largest seller was Boundary Creek Advisors, exiting entirely with an estimated $1M sold.
- 3 institutional investors held Atlantic Coastal Acquisition Corp. Unit (ACAHU) as of Q1 2023, down from 16 in Q4 2022.
- Funds reported $140K of Atlantic Coastal Acquisition Corp. Unit stock for Q1 2023, down 97% quarter-over-quarter.
- 1 fund opened new Atlantic Coastal Acquisition Corp. Unit positions in Q1 2023 and 13 closed out, a net change of -12 holders.
- The largest Atlantic Coastal Acquisition Corp. Unit buyer in Q1 2023 was Rivernorth Capital Management, an estimated $101K added.
- The largest Atlantic Coastal Acquisition Corp. Unit seller in Q1 2023 was Boundary Creek Advisors, an estimated $1M sold.
Based on aggregated 13F filings for Q1 2023.