Adara Acquisition Corp Units
ADRA.U
ADRA.U was delisted on the 10th of February, 2023.
18 hedge funds and large institutions have $9M invested in Adara Acquisition Corp Units in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 18 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
47% less funds holding
Funds holding: 34 → 18 (-16)
86% less capital invested
Capital invested by funds: $65.1M → $9M (-$56.1M)
89% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.19M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$250K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$239K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$196K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$8.23M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$7.35M |
| 3 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$6.45M |
| 4 |
JP Morgan Chase
New York
|
-$5.9M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$4.96M |
ADRA.U Hedge Fund Activity: Q2 2021 in Review
18 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Adara Acquisition Corp Units (ADRA.U) for Q2 2021, worth a combined $9M — down 86% from $65.1M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of ADRA.U and 2 opened new positions — a net loss of 16 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Shaolin Capital Management, adding an estimated $2.19M. The largest seller was Glazer Capital LLC, cutting an estimated $8.23M.
- 18 institutional investors held Adara Acquisition Corp Units (ADRA.U) as of Q2 2021, down from 34 in Q1 2021.
- Funds reported $9M of Adara Acquisition Corp Units stock for Q2 2021, down 86% quarter-over-quarter.
- 2 funds opened new Adara Acquisition Corp Units positions in Q2 2021 and 18 closed out, a net change of -16 holders.
- The largest Adara Acquisition Corp Units buyer in Q2 2021 was Shaolin Capital Management, an estimated $2.19M added.
- The largest Adara Acquisition Corp Units seller in Q2 2021 was Glazer Capital LLC, an estimated $8.23M sold.
Based on aggregated 13F filings for Q2 2021.