Atlantic Avenue Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant
ASAQ.U
ASAQ.U was delisted on the 5th of October, 2022.
11 hedge funds and large institutions have $12.4M invested in Atlantic Avenue Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
10% more funds holding
Funds holding: 10 → 11 (+1)
7% less capital invested
Capital invested by funds: $13.4M → $12.4M (-$950K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| 1 |
VF
Virtu Financial
New York
|
+$187K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.01K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MF
1
Magnetar Financial
Evanston,
Illinois
| $7.55M | – | – | – |
|
|
YCM
2
Yakira Capital Management
Westport,
Connecticut
| $1.52M | – | – | – |
|
|
HF
3
HRT Financial
New York
| $1.1M | – | – | – |
|
|
GCL
4
Glazer Capital LLC
New York
| $788K | – | – | – |
|
|
WC
5
Wealthspring Capital
West Harrison,
New York
| $502K | -$20.3K | -2,000 | -4% |
|
|
SIA
6
Schechter Investment Advisors
Birmingham,
Michigan
| $489K | +$494K | +48,700 | New |
|
|
LCM
7
Landscape Capital Management
Englewood,
New Jersey
| $234K | – | – | – |
|
|
VF
8
Virtu Financial
New York
| $186K | +$187K | +18,462 | New |
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $25K | -$1.01K | -100 | -4% |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| $5K | -$27.6K | -2,722 | -84% |
|
|
11
UBS Group
Zurich,
Switzerland
| $1K | +$1.01K | +100 | New |
|
|
PC
12
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.01M | -100,000 | Closed |
|
|
ACM
13
Advent Capital Management
New York
| – | -$458K | -45,000 | Closed |
|
ASAQ.U Hedge Fund Activity: Q4 2021 in Review
11 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Atlantic Avenue Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant (ASAQ.U) for Q4 2021, worth a combined $12.4M — down 7.1% from $13.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ASAQ.U positions and 2 closed out — a net gain of 1 holder — while 0 added to existing stakes and 3 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $187K. The largest seller was Periscope Capital, exiting entirely with an estimated $1.01M sold.
- 11 institutional investors held Atlantic Avenue Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant (ASAQ.U) as of Q4 2021, up from 10 in Q3 2021.
- Funds reported $12.4M of Atlantic Avenue Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant stock for Q4 2021, down 7.1% quarter-over-quarter.
- 3 funds opened new Atlantic Avenue Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant positions in Q4 2021 and 2 closed out, a net change of +1 holder.
- The largest Atlantic Avenue Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant buyer in Q4 2021 was Virtu Financial, an estimated $187K added.
- The largest Atlantic Avenue Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant seller in Q4 2021 was Periscope Capital, an estimated $1.01M sold.
Based on aggregated 13F filings for Q4 2021.