Ascendant Digital Acquisition Corp. III
ACDI
ACDI was delisted on the 15th of February, 2023.
56 hedge funds and large institutions have $234M invested in Ascendant Digital Acquisition Corp. III in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
21.53% more ownership
Funds ownership: 56.44% → 77.98% (+22%)
11% more capital invested
Capital invested by funds: $212M → $234M (+$22.3M)
10% more funds holding
Funds holding: 51 → 56 (+5)
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 |
ACDI Hedge Fund Activity: Q2 2022 in Review
56 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Ascendant Digital Acquisition Corp. III (ACDI) for Q2 2022, worth a combined $234M — up 11% from $212M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ACDI positions and 4 closed out — a net gain of 5 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 51 in Q1 2022.
- Funds reported $234M of Ascendant Digital Acquisition Corp. III stock for Q2 2022, up 11% quarter-over-quarter.
- 9 funds opened new Ascendant Digital Acquisition Corp. III positions in Q2 2022 and 4 closed out, a net change of +5 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.