Alpha Star Acquisition Corp
ALSA
ALSA was delisted on the 20th of December, 2024.
20 hedge funds and large institutions have $64.4M invested in Alpha Star Acquisition Corp in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
28% less capital invested
Capital invested by funds: $89.5M → $64.4M (-$25.1M)
35% less funds holding
Funds holding: 31 → 20 (-11)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
85% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QL
Quarry LP
New York
|
+$3.59M |
| 2 |
CAC
Cowen and Company
New York
|
+$3.53M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.82M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.18M |
| 5 |
CC
Centiva Capital
New York
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$8.63M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$6.44M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
-$4.39M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.42M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.12M |
ALSA Hedge Fund Activity: Q1 2024 in Review
20 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Alpha Star Acquisition Corp (ALSA) for Q1 2024, worth a combined $64.4M — down 28% from $89.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ALSA and 2 opened new positions — a net loss of 11 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Quarry LP, opening a new position worth an estimated $3.59M. The largest seller was Saba Capital Management, exiting entirely with an estimated $8.63M sold.
- 20 institutional investors held Alpha Star Acquisition Corp (ALSA) as of Q1 2024, down from 31 in Q4 2023.
- Funds reported $64.4M of Alpha Star Acquisition Corp stock for Q1 2024, down 28% quarter-over-quarter.
- 2 funds opened new Alpha Star Acquisition Corp positions in Q1 2024 and 13 closed out, a net change of -11 holders.
- The largest Alpha Star Acquisition Corp buyer in Q1 2024 was Quarry LP, an estimated $3.59M added.
- The largest Alpha Star Acquisition Corp seller in Q1 2024 was Saba Capital Management, an estimated $8.63M sold.
Based on aggregated 13F filings for Q1 2024.