African Gold Acquisition Corp
AGAC
AGAC was delisted on the 21st of August, 2023.
65 hedge funds and large institutions have $348M invested in African Gold Acquisition Corp in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 9 closing their positions.
3% more capital invested
Capital invested by funds: $339M → $348M (+$9.83M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
6% less funds holding
Funds holding: 69 → 65 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$10.5M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$8.93M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$7.76M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$7.44M |
| 5 |
CIM
Cowen Investment Management
New York
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$21.8M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$14.7M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$4.95M |
| 4 |
CCFM
Cohen & Co Financial Management
New York
|
-$4.95M |
| 5 |
NC
Nokomis Capital
Dallas,
Texas
|
-$3.49M |
AGAC Hedge Fund Activity: Q4 2022 in Review
65 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in African Gold Acquisition Corp (AGAC) for Q4 2022, worth a combined $348M — up 2.9% from $339M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of AGAC and 5 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $10.5M. The largest seller was Karpus Investment Management, cutting an estimated $21.8M.
- 65 institutional investors held African Gold Acquisition Corp (AGAC) as of Q4 2022, down from 69 in Q3 2022.
- Funds reported $348M of African Gold Acquisition Corp stock for Q4 2022, up 2.9% quarter-over-quarter.
- 5 funds opened new African Gold Acquisition Corp positions in Q4 2022 and 9 closed out, a net change of -4 holders.
- The largest African Gold Acquisition Corp buyer in Q4 2022 was D.E. Shaw & Co, an estimated $10.5M added.
- The largest African Gold Acquisition Corp seller in Q4 2022 was Karpus Investment Management, an estimated $21.8M sold.
Based on aggregated 13F filings for Q4 2022.