African Gold Acquisition Corp
AGAC
AGAC was delisted on the 21st of August, 2023.
64 hedge funds and large institutions have $262M invested in African Gold Acquisition Corp in 2021 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 1 closing their positions.
4,000% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 1
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
173% more capital invested
Capital invested by funds: $95.9M → $262M (+$166M)
167% more funds holding
Funds holding: 24 → 64 (+40)
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$30.9M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$16.9M |
| 3 |
NC
Nokomis Capital
Dallas,
Texas
|
+$13.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$13.5M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
+$7.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$3.97M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$966K |
| 3 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$290K |
| 4 |
Goldman Sachs
New York
|
-$162K |
| 5 |
PCA
Peddock Capital Advisors
Braintree,
Massachusetts
|
-$114K |
AGAC Hedge Fund Activity: Q2 2021 in Review
64 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in African Gold Acquisition Corp (AGAC) for Q2 2021, worth a combined $262M — up 173% from $95.9M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new AGAC positions and 1 closed out — a net gain of 40 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $30.9M. The largest seller was B. Riley Financial, cutting an estimated $3.97M.
- 64 institutional investors held African Gold Acquisition Corp (AGAC) as of Q2 2021, up from 24 in Q1 2021.
- Funds reported $262M of African Gold Acquisition Corp stock for Q2 2021, up 173% quarter-over-quarter.
- 41 funds opened new African Gold Acquisition Corp positions in Q2 2021 and 1 closed out, a net change of +40 holders.
- The largest African Gold Acquisition Corp buyer in Q2 2021 was Karpus Investment Management, an estimated $30.9M added.
- The largest African Gold Acquisition Corp seller in Q2 2021 was B. Riley Financial, an estimated $3.97M sold.
Based on aggregated 13F filings for Q2 2021.