ACE Convergence Acquisition Corp
ACEVU
ACEVU was delisted on the 22nd of November, 2022.
28 hedge funds and large institutions have $69.9M invested in ACE Convergence Acquisition Corp in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 21 closing their positions.
30% less funds holding
Funds holding: 40 → 28 (-12)
48% less capital invested
Capital invested by funds: $133M → $69.9M (-$63.4M)
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$2.56M |
| 2 |
VF
Virtu Financial
New York
|
+$916K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$855K |
| 4 |
RA
Ramius Advisors
New York
|
+$743K |
| 5 |
OGC
One68 Global Capital
New York
|
+$362K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$12.3M |
| 2 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$10.3M |
| 3 |
CCM
Context Capital Management
Lajolla,
California
|
-$5.87M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.32M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5.13M |
ACEVU Hedge Fund Activity: Q4 2020 in Review
28 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in ACE Convergence Acquisition Corp (ACEVU) for Q4 2020, worth a combined $69.9M — down 48% from $133M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ACEVU and 10 opened new positions — a net loss of 11 holders — while 9 trimmed existing stakes and 2 added.
The largest buyer was Aristeia Capital, adding an estimated $2.56M. The largest seller was Linden Advisors, exiting entirely with an estimated $12.3M sold.
- 28 institutional investors held ACE Convergence Acquisition Corp (ACEVU) as of Q4 2020, down from 40 in Q3 2020.
- Funds reported $69.9M of ACE Convergence Acquisition Corp stock for Q4 2020, down 48% quarter-over-quarter.
- 10 funds opened new ACE Convergence Acquisition Corp positions in Q4 2020 and 21 closed out, a net change of -11 holders.
- The largest ACE Convergence Acquisition Corp buyer in Q4 2020 was Aristeia Capital, an estimated $2.56M added.
- The largest ACE Convergence Acquisition Corp seller in Q4 2020 was Linden Advisors, an estimated $12.3M sold.
Based on aggregated 13F filings for Q4 2020.