Ace Global Business Acquisition Ltd
ACBA
ACBA was delisted on the 23rd of May, 2024.
12 hedge funds and large institutions have $24.5M invested in Ace Global Business Acquisition Ltd in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
2% more capital invested
Capital invested by funds: $24M → $24.5M (+$549K)
8% less funds holding
Funds holding: 13 → 12 (-1)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$311K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$168K |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$21.5K |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $4.25M | -$12.2K | -1,100 | -0.3% |
|
|
OCAM
2
Owl Creek Asset Management
New York
| $3.92M | – | – | – |
|
|
FTCM
3
Fir Tree Capital Management
New York
| $3.67M | – | – | – |
|
|
GCL
4
Glazer Capital LLC
New York
| $2.59M | -$21.5K | -1,943 | -0.8% |
|
|
ASM
5
ATW SPAC Management
New York
| $2.24M | – | – | – |
|
|
BFM
6
Boothbay Fund Management
New York
| $2.24M | – | – | – |
|
|
YCM
7
Yakira Capital Management
Westport,
Connecticut
| $1.91M | – | – | – |
|
|
CSS
8
Cubist Systematic Strategies
Stamford,
Connecticut
| $961K | -$311K | -28,103 | -25% |
|
9
Walleye Capital
New York
| $804K | – | – | – |
|
|
RCM
10
Rivernorth Capital Management
West Palm Beach,
Florida
| $706K | – | – | – |
|
|
WRBC
11
W.R. Berkley Corp
Greenwich,
Connecticut
| $679K | +$316K | +28,558 | +89% |
|
12
Walleye Trading
New York
| $538K | – | – | – |
|
|
WAM
13
Wolverine Asset Management
Chicago,
Illinois
| – | -$168K | -15,446 | Closed |
|
ACBA Hedge Fund Activity: Q2 2023 in Review
12 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Ace Global Business Acquisition Ltd (ACBA) for Q2 2023, worth a combined $24.5M — up 2.3% from $24M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of ACBA and 0 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was W.R. Berkley Corp, adding an estimated $316K. The largest seller was Cubist Systematic Strategies, cutting an estimated $311K.
- 12 institutional investors held Ace Global Business Acquisition Ltd (ACBA) as of Q2 2023, down from 13 in Q1 2023.
- Funds reported $24.5M of Ace Global Business Acquisition Ltd stock for Q2 2023, up 2.3% quarter-over-quarter.
- 0 funds opened new Ace Global Business Acquisition Ltd positions in Q2 2023 and 1 closed out, a net change of -1 holder.
- The largest Ace Global Business Acquisition Ltd buyer in Q2 2023 was W.R. Berkley Corp, an estimated $316K added.
- The largest Ace Global Business Acquisition Ltd seller in Q2 2023 was Cubist Systematic Strategies, an estimated $311K sold.
Based on aggregated 13F filings for Q2 2023.