Athena Technology Acquisition Corp. II
ATEK
ATEK was delisted on the 9th of December, 2024.
16 hedge funds and large institutions have $22.4M invested in Athena Technology Acquisition Corp. II in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 48 closing their positions.
74% less funds holding
Funds holding: 62 → 16 (-46)
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
91% less capital invested
Capital invested by funds: $263M → $22.4M (-$240M)
94% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 48
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$2.62M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$821K |
| 3 |
Walleye Capital
New York
|
+$411K |
| 4 |
Walleye Trading
New York
|
+$231K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$9.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$18.2M |
| 2 |
SCM
Saba Capital Management
New York
|
-$17.1M |
| 3 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$13M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$12.1M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$10.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAC
51
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$668K | -65,000 | Closed |
|
|
HIM
52
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$564K | -55,000 | Closed |
|
53
Citigroup
New York
| – | -$514K | -50,000 | Closed |
|
|
CS
54
Clear Street
New York
| – | -$494K | -48,181 | Closed |
|
55
Verition Fund Management
Greenwich,
Connecticut
| – | -$493K | -48,083 | Closed |
|
|
GCL
56
Glazer Capital LLC
New York
| – | -$418K | -40,761 | Closed |
|
|
RCM
57
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$380K | -37,000 | Closed |
|
|
TI
58
Tidal Investments
Milwaukee,
Wisconsin
| – | -$257K | -25,000 | Closed |
|
|
EC
59
Elequin Capital
New York
| – | -$229K | -22,347 | Closed |
|
|
LCM
60
Landscape Capital Management
Englewood,
New Jersey
| – | -$215K | -21,000 | Closed |
|
|
WC
61
Wealthspring Capital
West Harrison,
New York
| – | -$208K | -20,267 | Closed |
|
|
E
62
Ergoteles
New York
| – | -$192K | -18,700 | Closed |
|
|
VF
63
Virtu Financial
New York
| – | -$118K | -11,548 | Closed |
|
|
HF
64
HRT Financial
New York
| – | -$108K | -10,590 | Closed |
|
ATEK Hedge Fund Activity: Q2 2023 in Review
16 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Athena Technology Acquisition Corp. II (ATEK) for Q2 2023, worth a combined $22.4M — down 91% from $263M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of ATEK and 3 opened new positions — a net loss of 45 holders — while 9 trimmed existing stakes and 2 added.
The largest buyer was Picton Mahoney Asset Management, opening a new position worth an estimated $2.62M. The largest seller was Aristeia Capital, cutting an estimated $18.2M.
- 16 institutional investors held Athena Technology Acquisition Corp. II (ATEK) as of Q2 2023, down from 62 in Q1 2023.
- Funds reported $22.4M of Athena Technology Acquisition Corp. II stock for Q2 2023, down 91% quarter-over-quarter.
- 3 funds opened new Athena Technology Acquisition Corp. II positions in Q2 2023 and 48 closed out, a net change of -45 holders.
- The largest Athena Technology Acquisition Corp. II buyer in Q2 2023 was Picton Mahoney Asset Management, an estimated $2.62M added.
- The largest Athena Technology Acquisition Corp. II seller in Q2 2023 was Aristeia Capital, an estimated $18.2M sold.
Based on aggregated 13F filings for Q2 2023.