Acropolis Infrastructure Acquisition Corp
ACRO
ACRO was delisted on the 18th of December, 2023.
20 hedge funds and large institutions have $66.6M invested in Acropolis Infrastructure Acquisition Corp in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 65 closing their positions.
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
74% less funds holding
Funds holding: 77 → 20 (-57)
80% less capital invested
Capital invested by funds: $334M → $66.6M (-$267M)
88% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$8.07M |
| 2 |
CC
Centiva Capital
New York
|
+$8.04M |
| 3 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$7.74M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$5.01M |
| 5 |
AMC
Atlas Merchant Capital
New York
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$27.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$19M |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$15.3M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$14.8M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$13.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$405K | -39,999 | Closed |
|
|
CCM
77
Condor Capital Management
Martinsville,
New Jersey
| – | -$348K | -34,397 | Closed |
|
|
TI
78
Tidal Investments
Milwaukee,
Wisconsin
| – | -$304K | -30,000 | Closed |
|
|
TAM
79
Terrapin Asset Management
Miami,
Florida
| – | -$203K | -20,000 | Closed |
|
80
HighTower Advisors
Chicago,
Illinois
| – | -$172K | -17,103 | Closed |
|
|
MC
81
Meteora Capital
Boca Raton,
Florida
| – | -$111K | -11,000 | Closed |
|
|
EWM
82
Evercore Wealth Management
New York
| – | -$109K | -10,760 | Closed |
|
|
E
83
Ergoteles
New York
| – | -$103K | -10,200 | Closed |
|
|
MA
84
MAS Advisors
Miami,
Florida
| – | -$102K | -10,079 | Closed |
|
|
EC
85
Elequin Capital
New York
| – | -$4.24K | -419 | Closed |
|
ACRO Hedge Fund Activity: Q2 2023 in Review
20 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Acropolis Infrastructure Acquisition Corp (ACRO) for Q2 2023, worth a combined $66.6M — down 80% from $334M a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of ACRO and 8 opened new positions — a net loss of 57 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $8.07M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $27.4M sold.
- 20 institutional investors held Acropolis Infrastructure Acquisition Corp (ACRO) as of Q2 2023, down from 77 in Q1 2023.
- Funds reported $66.6M of Acropolis Infrastructure Acquisition Corp stock for Q2 2023, down 80% quarter-over-quarter.
- 8 funds opened new Acropolis Infrastructure Acquisition Corp positions in Q2 2023 and 65 closed out, a net change of -57 holders.
- The largest Acropolis Infrastructure Acquisition Corp buyer in Q2 2023 was Castle Creek Arbitrage, an estimated $8.07M added.
- The largest Acropolis Infrastructure Acquisition Corp seller in Q2 2023 was Adage Capital Partners, an estimated $27.4M sold.
Based on aggregated 13F filings for Q2 2023.