Atlantic Avenue Acquisition Corp Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share
ASAQ.WS
ASAQ.WS was delisted on the 4th of October, 2022.
37 hedge funds and large institutions have $4.89M invested in Atlantic Avenue Acquisition Corp Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 7 closing their positions.
14% less funds holding
Funds holding: 43 → 37 (-6)
47% less capital invested
Capital invested by funds: $9.29M → $4.89M (-$4.39M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$147K |
| 2 |
Walleye Capital
New York
|
+$18.2K |
| 3 |
AGM
Alpine Global Management
New York
|
+$16.7K |
| 4 |
Walleye Trading
New York
|
+$10.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$264K |
| 2 |
RA
Ramius Advisors
New York
|
-$223K |
| 3 |
CIM
Cowen Investment Management
New York
|
-$149K |
| 4 |
LA
Linden Advisors
New York
|
-$133K |
| 5 |
SRCM
Sage Rock Capital Management
New York
|
-$118K |
ASAQ.WS Hedge Fund Activity: Q1 2022 in Review
37 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Atlantic Avenue Acquisition Corp Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share (ASAQ.WS) for Q1 2022, worth a combined $4.89M — down 47% from $9.29M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ASAQ.WS and 1 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Cowen and Company, adding an estimated $147K. The largest seller was UBS O'Connor, exiting entirely with an estimated $264K sold.
- 37 institutional investors held Atlantic Avenue Acquisition Corp Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share (ASAQ.WS) as of Q1 2022, down from 43 in Q4 2021.
- Funds reported $4.89M of Atlantic Avenue Acquisition Corp Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share stock for Q1 2022, down 47% quarter-over-quarter.
- 1 fund opened new Atlantic Avenue Acquisition Corp Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share positions in Q1 2022 and 7 closed out, a net change of -6 holders.
- The largest Atlantic Avenue Acquisition Corp Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share buyer in Q1 2022 was Cowen and Company, an estimated $147K added.
- The largest Atlantic Avenue Acquisition Corp Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share seller in Q1 2022 was UBS O'Connor, an estimated $264K sold.
Based on aggregated 13F filings for Q1 2022.