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.
10 hedge funds and large institutions have $11.4M invested in Atlantic Avenue Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
8% less capital invested
Capital invested by funds: $12.4M → $11.4M (-$1.01M)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$66.5K |
| 2 |
CS
Clear Street
New York
|
+$15K |
Top Sellers
| 1 |
GCL
Glazer Capital LLC
New York
|
-$788K |
| 2 |
VF
Virtu Financial
New York
|
-$186K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$10K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$4.88K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MF
1
Magnetar Financial
Evanston,
Illinois
| $7.48M | -$4.88K | -488 | -0.1% |
|
|
YCM
2
Yakira Capital Management
Westport,
Connecticut
| $1.5M | – | – | – |
|
|
HF
3
HRT Financial
New York
| $1.09M | – | – | – |
|
|
WC
4
Wealthspring Capital
West Harrison,
New York
| $487K | -$10K | -1,000 | -2% |
|
|
SIA
5
Schechter Investment Advisors
Birmingham,
Michigan
| $484K | – | – | – |
|
|
LCM
6
Landscape Capital Management
Englewood,
New Jersey
| $232K | – | – | – |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| $71K | +$66.5K | +6,656 | +1,242% |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $25K | – | – | – |
|
|
CS
9
Clear Street
New York
| $15K | +$15K | +1,500 | New |
|
10
UBS Group
Zurich,
Switzerland
| $1K | – | – | – |
|
|
GCL
11
Glazer Capital LLC
New York
| – | -$788K | -78,456 | Closed |
|
|
VF
12
Virtu Financial
New York
| – | -$186K | -18,462 | Closed |
|
ASAQ.U Hedge Fund Activity: Q1 2022 in Review
10 of the 6,340 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 Q1 2022, worth a combined $11.4M — down 8.1% from $12.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ASAQ.U and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Wolverine Asset Management, adding an estimated $66.5K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $788K sold.
- 10 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 Q1 2022, down from 11 in Q4 2021.
- Funds reported $11.4M of Atlantic Avenue Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one warrant stock for Q1 2022, down 8.1% quarter-over-quarter.
- 1 fund 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 Q1 2022 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 Q1 2022 was Wolverine Asset Management, an estimated $66.5K 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 Q1 2022 was Glazer Capital LLC, an estimated $788K sold.
Based on aggregated 13F filings for Q1 2022.