African Gold Acquisition Corp
AGAC
AGAC was delisted on the 21st of August, 2023.
56 hedge funds and large institutions have $261M invested in African Gold Acquisition Corp in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 12 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
1% less capital invested
Capital invested by funds: $262M → $261M (-$1.36M)
13% less funds holding
Funds holding: 64 → 56 (-8)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$9.56M |
| 2 |
D.E. Shaw & Co
New York
|
+$7.58M |
| 3 |
SCM
Saba Capital Management
New York
|
+$5.95M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$5.89M |
| 5 |
Millennium Management
New York
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$16.9M |
| 2 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$12.4M |
| 3 |
AMH
Apollo Management Holdings
New York
|
-$6.33M |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$3.86M |
| 5 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$2.41M |
AGAC Hedge Fund Activity: Q3 2021 in Review
56 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in African Gold Acquisition Corp (AGAC) for Q3 2021, worth a combined $261M — down 0.52% from $262M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of AGAC and 4 opened new positions — a net loss of 8 holders — while 9 trimmed existing stakes and 15 added.
The largest buyer was Periscope Capital, adding an estimated $9.56M. The largest seller was Nomura Holdings, exiting entirely with an estimated $16.9M sold.
- 56 institutional investors held African Gold Acquisition Corp (AGAC) as of Q3 2021, down from 64 in Q2 2021.
- Funds reported $261M of African Gold Acquisition Corp stock for Q3 2021, down 0.52% quarter-over-quarter.
- 4 funds opened new African Gold Acquisition Corp positions in Q3 2021 and 12 closed out, a net change of -8 holders.
- The largest African Gold Acquisition Corp buyer in Q3 2021 was Periscope Capital, an estimated $9.56M added.
- The largest African Gold Acquisition Corp seller in Q3 2021 was Nomura Holdings, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2021.