Atlas Crest Investment Corp. II Units, each consisting of one Class A common stock, $.0001 par value, and one-fourth of one redeemable warrant
ACII.U
ACII.U was delisted on the 1st of December, 2022.
27 hedge funds and large institutions have $18M invested in Atlas Crest Investment Corp. II Units, each consisting of one Class A common stock, $.0001 par value, and one-fourth of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 8 closing their positions.
18% less funds holding
Funds holding: 33 → 27 (-6)
36% less capital invested
Capital invested by funds: $28.2M → $18M (-$10.2M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$257K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$109K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$55.7K |
| 4 |
E
Ergoteles
New York
|
+$34.5K |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$3.45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$7.39M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.09M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$868K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$475K |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$395K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MF
26
Magnetar Financial
Evanston,
Illinois
| – | -$2.84K | -289,000 | Closed |
|
|
27
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.09M | -111,508 | Closed |
|
|
CL
28
CSS LLC
Chicago,
Illinois
| – | -$868K | -88,392 | Closed |
|
|
SMA
29
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$475K | -48,335 | Closed |
|
|
30
Janus Henderson Group
London,
United Kingdom
| – | -$395K | -40,208 | Closed |
|
31
Calamos Advisors
Naperville,
Illinois
| – | -$246K | -25,000 | Closed |
|
|
AGC
32
Angelo Gordon & Co
New York
| – | -$206K | -21,039 | Closed |
|
|
CS
33
Clear Street
New York
| – | -$10K | -1,017 | Closed |
|
ACII.U Hedge Fund Activity: Q3 2022 in Review
27 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Atlas Crest Investment Corp. II Units, each consisting of one Class A common stock, $.0001 par value, and one-fourth of one redeemable warrant (ACII.U) for Q3 2022, worth a combined $18M — down 36% from $28.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ACII.U and 2 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $257K. The largest seller was HGC Investment Management, cutting an estimated $7.39M.
- 27 institutional investors held Atlas Crest Investment Corp. II Units, each consisting of one Class A common stock, $.0001 par value, and one-fourth of one redeemable warrant (ACII.U) as of Q3 2022, down from 33 in Q2 2022.
- Funds reported $18M of Atlas Crest Investment Corp. II Units, each consisting of one Class A common stock, $.0001 par value, and one-fourth of one redeemable warrant stock for Q3 2022, down 36% quarter-over-quarter.
- 2 funds opened new Atlas Crest Investment Corp. II Units, each consisting of one Class A common stock, $.0001 par value, and one-fourth of one redeemable warrant positions in Q3 2022 and 8 closed out, a net change of -6 holders.
- The largest Atlas Crest Investment Corp. II Units, each consisting of one Class A common stock, $.0001 par value, and one-fourth of one redeemable warrant buyer in Q3 2022 was Cubist Systematic Strategies, an estimated $257K added.
- The largest Atlas Crest Investment Corp. II Units, each consisting of one Class A common stock, $.0001 par value, and one-fourth of one redeemable warrant seller in Q3 2022 was HGC Investment Management, an estimated $7.39M sold.
Based on aggregated 13F filings for Q3 2022.