Atlantic Avenue Acquisition Corp
ASAQ
ASAQ was delisted on the 5th of October, 2022.
75 hedge funds and large institutions have $210M invested in Atlantic Avenue Acquisition Corp in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
11% more capital invested
Capital invested by funds: $189M → $210M (+$20.2M)
1% less funds holding
Funds holding: 76 → 75 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$9.01M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$4.78M |
| 3 |
D.E. Shaw & Co
New York
|
+$4.74M |
| 4 |
Millennium Management
New York
|
+$3.05M |
| 5 |
SCM
Saba Capital Management
New York
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$6.5M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$869K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$388K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$126K |
ASAQ Hedge Fund Activity: Q3 2021 in Review
75 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Atlantic Avenue Acquisition Corp (ASAQ) for Q3 2021, worth a combined $210M — up 11% from $189M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ASAQ and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 15 added.
The largest buyer was Shaolin Capital Management, opening a new position worth an estimated $9.01M. The largest seller was Mangrove Partners, exiting entirely with an estimated $6.5M sold.
- 75 institutional investors held Atlantic Avenue Acquisition Corp (ASAQ) as of Q3 2021, down from 76 in Q2 2021.
- Funds reported $210M of Atlantic Avenue Acquisition Corp stock for Q3 2021, up 11% quarter-over-quarter.
- 4 funds opened new Atlantic Avenue Acquisition Corp positions in Q3 2021 and 5 closed out, a net change of -1 holder.
- The largest Atlantic Avenue Acquisition Corp buyer in Q3 2021 was Shaolin Capital Management, an estimated $9.01M added.
- The largest Atlantic Avenue Acquisition Corp seller in Q3 2021 was Mangrove Partners, an estimated $6.5M sold.
Based on aggregated 13F filings for Q3 2021.