African Gold Acquisition Corp Units
AGAC.U
AGAC.U was delisted on the 13th of July, 2023.
41 hedge funds and large institutions have $75.4M invested in African Gold Acquisition Corp Units in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 33 closing their positions.
42% less funds holding
Funds holding: 71 → 41 (-30)
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
69% less capital invested
Capital invested by funds: $240M → $75.4M (-$165M)
88% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 33
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$4.34M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$2.12M |
| 3 |
VF
Virtu Financial
New York
|
+$1.43M |
| 4 |
GCM
Granby Capital Management
Miami Beach,
Florida
|
+$261K |
| 5 |
Walleye Capital
New York
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$29.7M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$17.4M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$13.8M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$9.88M |
| 5 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$7.51M |
AGAC.U Hedge Fund Activity: Q2 2021 in Review
41 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in African Gold Acquisition Corp Units (AGAC.U) for Q2 2021, worth a combined $75.4M — down 69% from $240M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of AGAC.U and 4 opened new positions — a net loss of 29 holders — while 15 trimmed existing stakes and 6 added.
The largest buyer was Shaolin Capital Management, adding an estimated $4.34M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $29.7M sold.
- 41 institutional investors held African Gold Acquisition Corp Units (AGAC.U) as of Q2 2021, down from 71 in Q1 2021.
- Funds reported $75.4M of African Gold Acquisition Corp Units stock for Q2 2021, down 69% quarter-over-quarter.
- 4 funds opened new African Gold Acquisition Corp Units positions in Q2 2021 and 33 closed out, a net change of -29 holders.
- The largest African Gold Acquisition Corp Units buyer in Q2 2021 was Shaolin Capital Management, an estimated $4.34M added.
- The largest African Gold Acquisition Corp Units seller in Q2 2021 was Karpus Investment Management, an estimated $29.7M sold.
Based on aggregated 13F filings for Q2 2021.