Ace Global Business Acquisition Ltd
ACBA
ACBA was delisted on the 23rd of May, 2024.
22 hedge funds and large institutions have $36.4M invested in Ace Global Business Acquisition Ltd in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
10% more funds holding
Funds holding: 20 → 22 (+2)
9% less capital invested
Capital invested by funds: $40M → $36.4M (-$3.58M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$1.8M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$943K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$794K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$328K |
| 5 |
Jane Street
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
-$4.3M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.9M |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$1.25M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.05M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$306K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$3K | -331 | Closed |
|
ACBA Hedge Fund Activity: Q4 2022 in Review
22 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Ace Global Business Acquisition Ltd (ACBA) for Q4 2022, worth a combined $36.4M — down 8.9% from $40M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ACBA positions and 4 closed out — a net gain of 2 holders — while 1 added to existing stakes and 4 trimmed.
The largest buyer was Yakira Capital Management, opening a new position worth an estimated $1.8M. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $4.3M sold.
- 22 institutional investors held Ace Global Business Acquisition Ltd (ACBA) as of Q4 2022, up from 20 in Q3 2022.
- Funds reported $36.4M of Ace Global Business Acquisition Ltd stock for Q4 2022, down 8.9% quarter-over-quarter.
- 6 funds opened new Ace Global Business Acquisition Ltd positions in Q4 2022 and 4 closed out, a net change of +2 holders.
- The largest Ace Global Business Acquisition Ltd buyer in Q4 2022 was Yakira Capital Management, an estimated $1.8M added.
- The largest Ace Global Business Acquisition Ltd seller in Q4 2022 was Mizuho Securities USA, an estimated $4.3M sold.
Based on aggregated 13F filings for Q4 2022.