Ascendant Digital Acquisition Corp. III Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
ACDI.U
ACDI.U was delisted on the 6th of February, 2023.
10 hedge funds and large institutions have $13.9M invested in Ascendant Digital Acquisition Corp. III Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 9 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
47% less funds holding
Funds holding: 19 → 10 (-9)
71% less capital invested
Capital invested by funds: $47.9M → $13.9M (-$34.1M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$23.6M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.02M |
| 3 |
TCA
Taconic Capital Advisors
New York
|
-$3.02M |
| 4 |
ACM
Atalaya Capital Management
New York
|
-$2.06M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.06M |
ACDI.U Hedge Fund Activity: Q3 2022 in Review
10 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Ascendant Digital Acquisition Corp. III Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (ACDI.U) for Q3 2022, worth a combined $13.9M — down 71% from $47.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ACDI.U and 0 opened new positions — a net loss of 9 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was HGC Investment Management, adding an estimated $3.04M. The largest seller was Magnetar Financial, exiting entirely with an estimated $23.6M sold.
- 10 institutional investors held Ascendant Digital Acquisition Corp. III Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (ACDI.U) as of Q3 2022, down from 19 in Q2 2022.
- Funds reported $13.9M of Ascendant Digital Acquisition Corp. III Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q3 2022, down 71% quarter-over-quarter.
- 0 funds opened new Ascendant Digital Acquisition Corp. III Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q3 2022 and 9 closed out, a net change of -9 holders.
- The largest Ascendant Digital Acquisition Corp. III Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q3 2022 was HGC Investment Management, an estimated $3.04M added.
- The largest Ascendant Digital Acquisition Corp. III Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q3 2022 was Magnetar Financial, an estimated $23.6M sold.
Based on aggregated 13F filings for Q3 2022.