Ace Global Business Acquisition Ltd
ACBA
ACBA was delisted on the 23rd of May, 2024.
11 hedge funds and large institutions have $16.4M invested in Ace Global Business Acquisition Ltd in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
6% less capital invested
Capital invested by funds: $17.3M → $16.4M (-$962K)
8% less funds holding
Funds holding: 12 → 11 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.2M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$582K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$2.16M |
| 2 |
SRCM
Sage Rock Capital Management
New York
|
-$1.76M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$37.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $4.48M | – | – | – |
|
|
FTCM
2
Fir Tree Capital Management
New York
| $2.46M | -$37.6K | -3,219 | -2% |
|
|
MC
3
Meteora Capital
Boca Raton,
Florida
| $2.22M | +$2.2M | +188,149 | New |
|
|
YCM
4
Yakira Capital Management
Westport,
Connecticut
| $2.01M | – | – | – |
|
|
WRBC
5
W.R. Berkley Corp
Greenwich,
Connecticut
| $1.95M | +$582K | +49,790 | +43% |
|
6
Walleye Capital
New York
| $848K | – | – | – |
|
|
RCM
7
Rivernorth Capital Management
West Palm Beach,
Florida
| $745K | – | – | – |
|
|
MSU
8
Mizuho Securities USA
New York
| $578K | – | – | – |
|
9
Walleye Trading
New York
| $568K | – | – | – |
|
|
SOA
10
Sea Otter Advisors
Miami,
Florida
| $380K | – | – | – |
|
|
CCM
11
CAAS Capital Management
New York
| $120K | – | – | – |
|
|
GCL
12
Glazer Capital LLC
New York
| – | -$2.16M | -185,232 | Closed |
|
|
SRCM
13
Sage Rock Capital Management
New York
| – | -$1.76M | -150,929 | Closed |
|
ACBA Hedge Fund Activity: Q4 2023 in Review
11 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Ace Global Business Acquisition Ltd (ACBA) for Q4 2023, worth a combined $16.4M — down 5.6% from $17.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ACBA and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was Meteora Capital, opening a new position worth an estimated $2.2M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $2.16M sold.
- 11 institutional investors held Ace Global Business Acquisition Ltd (ACBA) as of Q4 2023, down from 12 in Q3 2023.
- Funds reported $16.4M of Ace Global Business Acquisition Ltd stock for Q4 2023, down 5.6% quarter-over-quarter.
- 1 fund opened new Ace Global Business Acquisition Ltd positions in Q4 2023 and 2 closed out, a net change of -1 holder.
- The largest Ace Global Business Acquisition Ltd buyer in Q4 2023 was Meteora Capital, an estimated $2.2M added.
- The largest Ace Global Business Acquisition Ltd seller in Q4 2023 was Glazer Capital LLC, an estimated $2.16M sold.
Based on aggregated 13F filings for Q4 2023.