Ascendant Digital Acquisition Corp. III
ACDI
ACDI was delisted on the 15th of February, 2023.
57 hedge funds and large institutions have $271M invested in Ascendant Digital Acquisition Corp. III in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
17% more capital invested
Capital invested by funds: $233M → $271M (+$38.5M)
2% more funds holding
Funds holding: 56 → 57 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$23.6M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$9.15M |
| 3 |
Millennium Management
New York
|
+$6.82M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.27M |
| 5 |
TCA
Taconic Capital Advisors
New York
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$7.82M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.67M |
| 3 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$3.5M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.52M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$2.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAMU
51
SONA Asset Management (US)
New York
| $304K | – | – | – |
|
|
KKRC
52
Kohlberg Kravis Roberts & Co
New York
| $286K | – | – | – |
|
|
PP
53
Paloma Partners
Greenwich,
Connecticut
| $203K | – | – | – |
|
|
PCM
54
Prelude Capital Management
New York
| $203K | – | – | – |
|
|
VF
55
Virtu Financial
New York
| $191K | +$190K | +18,829 | New |
|
|
WAM
56
Wolverine Asset Management
Chicago,
Illinois
| $12K | -$5.67M | -562,298 | -100% |
|
57
UBS Group
Zurich,
Switzerland
| $4K | – | – | – |
|
|
TAM
58
TFG Asset Management
Grand Cayman,
Cayman Islands
| – | -$3.5M | -350,000 | Closed |
|
|
ECU
59
Eisler Capital (UK)
London,
United Kingdom
| – | -$1.59M | -159,388 | Closed |
|
|
CL
60
CSS LLC
Chicago,
Illinois
| – | -$997K | -99,625 | Closed |
|
|
BCM
61
Basso Capital Management
Stamford,
Connecticut
| – | -$100K | -10,000 | Closed |
|
ACDI Hedge Fund Activity: Q3 2022 in Review
57 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Ascendant Digital Acquisition Corp. III (ACDI) for Q3 2022, worth a combined $271M — up 17% from $233M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ACDI positions and 4 closed out — a net gain of 1 holder — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Magnetar Financial, adding an estimated $23.6M. The largest seller was Fir Tree Capital Management, cutting an estimated $7.82M.
- 57 institutional investors held Ascendant Digital Acquisition Corp. III (ACDI) as of Q3 2022, up from 56 in Q2 2022.
- Funds reported $271M of Ascendant Digital Acquisition Corp. III stock for Q3 2022, up 17% quarter-over-quarter.
- 5 funds opened new Ascendant Digital Acquisition Corp. III positions in Q3 2022 and 4 closed out, a net change of +1 holder.
- The largest Ascendant Digital Acquisition Corp. III buyer in Q3 2022 was Magnetar Financial, an estimated $23.6M added.
- The largest Ascendant Digital Acquisition Corp. III seller in Q3 2022 was Fir Tree Capital Management, an estimated $7.82M sold.
Based on aggregated 13F filings for Q3 2022.