Ault Disruptive Technologies Corporation Units, each consisting of one share of Common Stock, and three-fourths of one Redeemable Warrant to purchase one share of Common Stock
ADRT.U
ADRT.U was delisted on the 8th of October, 2024.
15 hedge funds and large institutions have $22M invested in Ault Disruptive Technologies Corporation Units, each consisting of one share of Common Stock, and three-fourths of one Redeemable Warrant to purchase one share of Common Stock in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 24 closing their positions.
61% less funds holding
Funds holding: 38 → 15 (-23)
76% less capital invested
Capital invested by funds: $92.2M → $22M (-$70.2M)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
96% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$6.02M |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
-$5.07M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$5.07M |
| 4 |
SCM
Saba Capital Management
New York
|
-$5.07M |
| 5 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
-$5.07M |
ADRT.U Hedge Fund Activity: Q1 2022 in Review
15 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Ault Disruptive Technologies Corporation Units, each consisting of one share of Common Stock, and three-fourths of one Redeemable Warrant to purchase one share of Common Stock (ADRT.U) for Q1 2022, worth a combined $22M — down 76% from $92.2M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of ADRT.U and 1 opened new positions — a net loss of 23 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was JP Morgan Chase, adding an estimated $1.84M. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $6.02M sold.
- 15 institutional investors held Ault Disruptive Technologies Corporation Units, each consisting of one share of Common Stock, and three-fourths of one Redeemable Warrant to purchase one share of Common Stock (ADRT.U) as of Q1 2022, down from 38 in Q4 2021.
- Funds reported $22M of Ault Disruptive Technologies Corporation Units, each consisting of one share of Common Stock, and three-fourths of one Redeemable Warrant to purchase one share of Common Stock stock for Q1 2022, down 76% quarter-over-quarter.
- 1 fund opened new Ault Disruptive Technologies Corporation Units, each consisting of one share of Common Stock, and three-fourths of one Redeemable Warrant to purchase one share of Common Stock positions in Q1 2022 and 24 closed out, a net change of -23 holders.
- The largest Ault Disruptive Technologies Corporation Units, each consisting of one share of Common Stock, and three-fourths of one Redeemable Warrant to purchase one share of Common Stock buyer in Q1 2022 was JP Morgan Chase, an estimated $1.84M added.
- The largest Ault Disruptive Technologies Corporation Units, each consisting of one share of Common Stock, and three-fourths of one Redeemable Warrant to purchase one share of Common Stock seller in Q1 2022 was Hudson Bay Capital Management, an estimated $6.02M sold.
Based on aggregated 13F filings for Q1 2022.