African Gold Acquisition Corp Units
AGAC.U
AGAC.U was delisted on the 13th of July, 2023.
27 hedge funds and large institutions have $28.3M invested in African Gold Acquisition Corp Units in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 2 closing their positions.
4% less funds holding
Funds holding: 28 → 27 (-1)
19% less capital invested
Capital invested by funds: $34.9M → $28.3M (-$6.66M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$86.7K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$17K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.93K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.6M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.55M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.1M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$989K |
| 5 |
CIM
Cowen Investment Management
New York
|
-$500K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
UBS Group
Zurich,
Switzerland
| $15K | +$1.93K | +195 | +14% |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $10K | – | – | – |
|
|
MF
28
Magnetar Financial
Evanston,
Illinois
| $481 | -$1.6M | -161,695 | -77% |
|
|
YCM
29
Yakira Capital Management
Westport,
Connecticut
| – | -$989K | -100,000 | Closed |
|
|
CIM
30
Cowen Investment Management
New York
| – | -$500K | -50,000 | Closed |
|
AGAC.U Hedge Fund Activity: Q2 2022 in Review
27 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in African Gold Acquisition Corp Units (AGAC.U) for Q2 2022, worth a combined $28.3M — down 19% from $34.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of AGAC.U and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Asset Management, adding an estimated $86.7K. The largest seller was Magnetar Financial, cutting an estimated $1.6M.
- 27 institutional investors held African Gold Acquisition Corp Units (AGAC.U) as of Q2 2022, down from 28 in Q1 2022.
- Funds reported $28.3M of African Gold Acquisition Corp Units stock for Q2 2022, down 19% quarter-over-quarter.
- 1 fund opened new African Gold Acquisition Corp Units positions in Q2 2022 and 2 closed out, a net change of -1 holder.
- The largest African Gold Acquisition Corp Units buyer in Q2 2022 was Wolverine Asset Management, an estimated $86.7K added.
- The largest African Gold Acquisition Corp Units seller in Q2 2022 was Magnetar Financial, an estimated $1.6M sold.
Based on aggregated 13F filings for Q2 2022.