Ascendant Digital Acquisition Corp. III
ACDI
ACDI was delisted on the 15th of February, 2023.
56 hedge funds and large institutions have $233M invested in Ascendant Digital Acquisition Corp. III in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
12% more funds holding
Funds holding: 50 → 56 (+6)
11% more capital invested
Capital invested by funds: $209M → $233M (+$23.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$10.7M |
| 2 |
Millennium Management
New York
|
+$7.65M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$3M |
| 4 |
SC
Sculptor Capital
New York
|
+$3M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$5.76M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$4M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$3.32M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.05M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
51
Prelude Capital Management
New York
| $200K | -$191K | -19,100 | -49% |
|
|
PP
52
Paloma Partners
Greenwich,
Connecticut
| $200K | – | – | – |
|
|
BCM
53
Basso Capital Management
Stamford,
Connecticut
| $100K | – | – | – |
|
54
UBS Group
Zurich,
Switzerland
| $3K | – | – | – |
|
|
MF
55
Magnetar Financial
Evanston,
Illinois
| $682 | +$682K | +68,100 | New |
|
|
SCM
56
Segantii Capital Management
Hong Kong
| $501 | – | – | – |
|
|
BCM
57
Beryl Capital Management
Redondo Beach,
California
| – | -$5.76M | -574,998 | Closed |
|
|
HCM
58
Highbridge Capital Management
New York
| – | -$3.32M | -331,333 | Closed |
|
|
59
Bank of America
Charlotte,
North Carolina
| – | -$1M | -100,000 | Closed |
|
|
SCC
60
Spring Creek Capital
Wichita,
Kansas
| – | -$1M | -100,000 | Closed |
|
ACDI Hedge Fund Activity: Q2 2022 in Review
56 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Ascendant Digital Acquisition Corp. III (ACDI) for Q2 2022, worth a combined $233M — up 11% from $209M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ACDI positions and 4 closed out — a net gain of 6 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $10.7M. The largest seller was Beryl Capital Management, exiting entirely with an estimated $5.76M sold.
- 56 institutional investors held Ascendant Digital Acquisition Corp. III (ACDI) as of Q2 2022, up from 50 in Q1 2022.
- Funds reported $233M of Ascendant Digital Acquisition Corp. III stock for Q2 2022, up 11% quarter-over-quarter.
- 10 funds opened new Ascendant Digital Acquisition Corp. III positions in Q2 2022 and 4 closed out, a net change of +6 holders.
- The largest Ascendant Digital Acquisition Corp. III buyer in Q2 2022 was Glazer Capital LLC, an estimated $10.7M added.
- The largest Ascendant Digital Acquisition Corp. III seller in Q2 2022 was Beryl Capital Management, an estimated $5.76M sold.
Based on aggregated 13F filings for Q2 2022.