Atlantic Avenue Acquisition Corp
ASAQ
ASAQ was delisted on the 5th of October, 2022.
66 hedge funds and large institutions have $195M invested in Atlantic Avenue Acquisition Corp in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 21 closing their positions.
11% less capital invested
Capital invested by funds: $217M → $195M (-$22.9M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
20% less funds holding
Funds holding: 82 → 66 (-16)
76% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$3.63M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$2.92M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$2.44M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.25M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kryger Capital
London,
United Kingdom
|
-$8.42M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$6.08M |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$4.75M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$4.22M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.24M |
ASAQ Hedge Fund Activity: Q3 2022 in Review
66 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Atlantic Avenue Acquisition Corp (ASAQ) for Q3 2022, worth a combined $195M — down 11% from $217M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ASAQ and 5 opened new positions — a net loss of 16 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $3.63M. The largest seller was Kryger Capital, exiting entirely with an estimated $8.42M sold.
- 66 institutional investors held Atlantic Avenue Acquisition Corp (ASAQ) as of Q3 2022, down from 82 in Q2 2022.
- Funds reported $195M of Atlantic Avenue Acquisition Corp stock for Q3 2022, down 11% quarter-over-quarter.
- 5 funds opened new Atlantic Avenue Acquisition Corp positions in Q3 2022 and 21 closed out, a net change of -16 holders.
- The largest Atlantic Avenue Acquisition Corp buyer in Q3 2022 was Westchester Capital Management (New York), an estimated $3.63M added.
- The largest Atlantic Avenue Acquisition Corp seller in Q3 2022 was Kryger Capital, an estimated $8.42M sold.
Based on aggregated 13F filings for Q3 2022.