Ascendant Digital Acquisition Corp. III
ACDI
ACDI was delisted on the 15th of February, 2023.
58 hedge funds and large institutions have $292M invested in Ascendant Digital Acquisition Corp. III in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
8% more capital invested
Capital invested by funds: $271M → $292M (+$20.8M)
2% more funds holding
Funds holding: 57 → 58 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$9.71M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$5.76M |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$5.44M |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$2.48M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$8.97M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$5.1M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.42M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.05M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$920K |
ACDI Hedge Fund Activity: Q4 2022 in Review
58 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Ascendant Digital Acquisition Corp. III (ACDI) for Q4 2022, worth a combined $292M — up 7.6% from $271M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ACDI positions and 5 closed out — a net gain of 1 holder — while 8 added to existing stakes and 4 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $9.71M. The largest seller was Cubist Systematic Strategies, exiting entirely with an estimated $8.97M sold.
- 58 institutional investors held Ascendant Digital Acquisition Corp. III (ACDI) as of Q4 2022, up from 57 in Q3 2022.
- Funds reported $292M of Ascendant Digital Acquisition Corp. III stock for Q4 2022, up 7.6% quarter-over-quarter.
- 6 funds opened new Ascendant Digital Acquisition Corp. III positions in Q4 2022 and 5 closed out, a net change of +1 holder.
- The largest Ascendant Digital Acquisition Corp. III buyer in Q4 2022 was D.E. Shaw & Co, an estimated $9.71M added.
- The largest Ascendant Digital Acquisition Corp. III seller in Q4 2022 was Cubist Systematic Strategies, an estimated $8.97M sold.
Based on aggregated 13F filings for Q4 2022.