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.
6 hedge funds and large institutions have $7.8M 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 Q4 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 5 closing their positions.
40% less funds holding
Funds holding: 10 → 6 (-4)
44% less capital invested
Capital invested by funds: $13.9M → $7.8M (-$6.06M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$33.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$2.03M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.52M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$1.01M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
-$1.01M |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$611K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
1
HGC Investment Management
Toronto,
Ontario, Canada
| $5.15M | – | – | – |
|
|
BCL
2
Bracebridge Capital LLC
Boston,
Massachusetts
| $1.54M | – | – | – |
|
|
SIA
3
Schechter Investment Advisors
Birmingham,
Michigan
| $502K | – | – | – |
|
|
WC
4
Wealthspring Capital
West Harrison,
New York
| $464K | -$611K | -59,700 | -57% |
|
|
NAM
5
Nexpoint Asset Management
Dallas,
Texas
| $103K | – | – | – |
|
|
GCL
6
Glazer Capital LLC
New York
| $34K | +$33.9K | +3,313 | New |
|
|
7
Calamos Advisors
Naperville,
Illinois
| – | -$2.03M | -200,100 | Closed |
|
|
SFM
8
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$1.52M | -150,000 | Closed |
|
|
CCA
9
Castle Creek Arbitrage
Avon,
Colorado
| – | -$1.01M | -100,000 | Closed |
|
|
LP
10
LMR Partners
London,
United Kingdom
| – | -$1.01M | -100,000 | Closed |
|
|
CCM
11
Condor Capital Management
Martinsville,
New Jersey
| – | -$13K | -1,300 | Closed |
|
ACDI.U Hedge Fund Activity: Q4 2022 in Review
6 of the 6,221 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 Q4 2022, worth a combined $7.8M — down 44% from $13.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ACDI.U and 1 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $33.9K. The largest seller was Calamos Advisors, exiting entirely with an estimated $2.03M sold.
- 6 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 Q4 2022, down from 10 in Q3 2022.
- Funds reported $7.8M of Ascendant Digital Acquisition Corp. III Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q4 2022, down 44% quarter-over-quarter.
- 1 fund 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 Q4 2022 and 5 closed out, a net change of -4 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 Q4 2022 was Glazer Capital LLC, an estimated $33.9K 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 Q4 2022 was Calamos Advisors, an estimated $2.03M sold.
Based on aggregated 13F filings for Q4 2022.