Ace Global Business Acquisition Ltd
ACBA
ACBA was delisted on the 23rd of May, 2024.
12 hedge funds and large institutions have $17.3M invested in Ace Global Business Acquisition Ltd in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
29% less capital invested
Capital invested by funds: $24.5M → $17.3M (-$7.19M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRCM
Sage Rock Capital Management
New York
|
+$1.72M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$620K |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$571K |
| 4 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$367K |
| 5 |
CCM
CAAS Capital Management
New York
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
-$3.92M |
| 2 |
ASM
ATW SPAC Management
New York
|
-$2.24M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$2.24M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$1.33M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$961K |
ACBA Hedge Fund Activity: Q3 2023 in Review
12 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Ace Global Business Acquisition Ltd (ACBA) for Q3 2023, worth a combined $17.3M — down 29% from $24.5M a quarter earlier.
Fund positioning in ACBA was balanced in Q3 2023: 4 funds opened new positions, 4 closed out, 1 added to existing stakes and 2 trimmed.
The largest buyer was Sage Rock Capital Management, opening a new position worth an estimated $1.72M. The largest seller was Owl Creek Asset Management, exiting entirely with an estimated $3.92M sold.
- 12 institutional investors held Ace Global Business Acquisition Ltd (ACBA) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $17.3M of Ace Global Business Acquisition Ltd stock for Q3 2023, down 29% quarter-over-quarter.
- 4 funds opened new Ace Global Business Acquisition Ltd positions in Q3 2023 and 4 closed out, a net change of 0 holders.
- The largest Ace Global Business Acquisition Ltd buyer in Q3 2023 was Sage Rock Capital Management, an estimated $1.72M added.
- The largest Ace Global Business Acquisition Ltd seller in Q3 2023 was Owl Creek Asset Management, an estimated $3.92M sold.
Based on aggregated 13F filings for Q3 2023.