Ace Global Business Acquisition Ltd
ACBA
ACBA was delisted on the 23rd of May, 2024.
22 hedge funds and large institutions have $40.5M invested in Ace Global Business Acquisition Ltd in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
10% more funds holding
Funds holding: 20 → 22 (+2)
4% more capital invested
Capital invested by funds: $39M → $40.5M (+$1.49M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CH
CVI Holdings
Wilmington,
Delaware
|
+$1.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$199K |
| 3 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$50.8K |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$10.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$211K |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
-$64.3K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$19.3K |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.05K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.94K |
ACBA Hedge Fund Activity: Q1 2022 in Review
22 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Ace Global Business Acquisition Ltd (ACBA) for Q1 2022, worth a combined $40.5M — up 3.8% from $39M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ACBA positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 5 trimmed.
The largest buyer was CVI Holdings, opening a new position worth an estimated $1.23M. The largest seller was Logan Stone Capital, exiting entirely with an estimated $211K sold.
- 22 institutional investors held Ace Global Business Acquisition Ltd (ACBA) as of Q1 2022, up from 20 in Q4 2021.
- Funds reported $40.5M of Ace Global Business Acquisition Ltd stock for Q1 2022, up 3.8% quarter-over-quarter.
- 3 funds opened new Ace Global Business Acquisition Ltd positions in Q1 2022 and 1 closed out, a net change of +2 holders.
- The largest Ace Global Business Acquisition Ltd buyer in Q1 2022 was CVI Holdings, an estimated $1.23M added.
- The largest Ace Global Business Acquisition Ltd seller in Q1 2022 was Logan Stone Capital, an estimated $211K sold.
Based on aggregated 13F filings for Q1 2022.