Ace Global Business Acquisition Ltd
ACBA
ACBA was delisted on the 23rd of May, 2024.
11 hedge funds and large institutions have $12M invested in Ace Global Business Acquisition Ltd in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
27% less capital invested
Capital invested by funds: $16.4M → $12M (-$4.36M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$1.2M |
| 2 |
CM
Crystalline Management
Montreal, Quebec,
Canada
|
+$1.02M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$27K |
| 4 |
CS
Clear Street
New York
|
+$1.22K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$626 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$4.48M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$1.28M |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$578K |
| 4 |
SOA
Sea Otter Advisors
Miami,
Florida
|
-$380K |
| 5 |
CCM
CAAS Capital Management
New York
|
-$120K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
1
Meteora Capital
Boca Raton,
Florida
| $2.3M | +$27K | +2,241 | +1% |
|
|
YCM
2
Yakira Capital Management
Westport,
Connecticut
| $2.05M | – | – | – |
|
|
WRBC
3
W.R. Berkley Corp
Greenwich,
Connecticut
| $1.98M | – | – | – |
|
|
FTCM
4
Fir Tree Capital Management
New York
| $1.22M | -$1.28M | -106,511 | -51% |
|
|
CAC
5
Cowen and Company
New York
| $1.21M | +$1.2M | +100,000 | New |
|
|
CM
6
Crystalline Management
Montreal, Quebec,
Canada
| $1.02M | +$1.02M | +84,706 | New |
|
7
Walleye Capital
New York
| $866K | – | – | – |
|
|
RCM
8
Rivernorth Capital Management
West Palm Beach,
Florida
| $761K | – | – | – |
|
9
Walleye Trading
New York
| $580K | – | – | – |
|
|
CS
10
Clear Street
New York
| $1.22K | +$1.22K | +101 | New |
|
|
11
UBS Group
Zurich,
Switzerland
| $628 | +$626 | +52 | New |
|
|
PAMP
12
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$4.48M | -378,900 | Closed |
|
|
MSU
13
Mizuho Securities USA
New York
| – | -$578K | -50,000 | Closed |
|
|
SOA
14
Sea Otter Advisors
Miami,
Florida
| – | -$380K | -32,152 | Closed |
|
|
CCM
15
CAAS Capital Management
New York
| – | -$120K | -10,177 | Closed |
|
ACBA Hedge Fund Activity: Q1 2024 in Review
11 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ace Global Business Acquisition Ltd (ACBA) for Q1 2024, worth a combined $12M — down 27% from $16.4M a quarter earlier.
Fund positioning in ACBA was balanced in Q1 2024: 4 funds opened new positions, 4 closed out, 1 added to existing stakes and 1 trimmed.
The largest buyer was Cowen and Company, opening a new position worth an estimated $1.2M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $4.48M sold.
- 11 institutional investors held Ace Global Business Acquisition Ltd (ACBA) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $12M of Ace Global Business Acquisition Ltd stock for Q1 2024, down 27% quarter-over-quarter.
- 4 funds opened new Ace Global Business Acquisition Ltd positions in Q1 2024 and 4 closed out, a net change of 0 holders.
- The largest Ace Global Business Acquisition Ltd buyer in Q1 2024 was Cowen and Company, an estimated $1.2M added.
- The largest Ace Global Business Acquisition Ltd seller in Q1 2024 was Polar Asset Management Partners, an estimated $4.48M sold.
Based on aggregated 13F filings for Q1 2024.