Athena Technology Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-half of one Redeemable Warrant
ATEK.U
ATEK.U was delisted on the 26th of November, 2024.
22 hedge funds and large institutions have $53.7M invested in Athena Technology Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-half of one Redeemable Warrant in 2022 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 33 closing their positions.
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
60% less funds holding
Funds holding: 55 → 22 (-33)
77% less capital invested
Capital invested by funds: $239M → $53.7M (-$185M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$61.8K |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$42.5K |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$31.8K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$9.98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$20.4M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$16.8M |
| 3 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$16M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$15M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$9.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMAM
51
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$748K | -75,000 | Closed |
|
|
OAC
52
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$648K | -65,000 | Closed |
|
|
TCM
53
Tuttle Capital Management
Riverside,
Connecticut
| – | -$300K | -30,060 | Closed |
|
54
Goldman Sachs
New York
| – | -$106K | -10,638 | Closed |
|
|
AA
55
Ancora Advisors
Cleveland,
Ohio
| – | -$50K | -5,000 | Closed |
|
ATEK.U Hedge Fund Activity: Q1 2022 in Review
22 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Athena Technology Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-half of one Redeemable Warrant (ATEK.U) for Q1 2022, worth a combined $53.7M — down 77% from $239M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of ATEK.U and 0 opened new positions — a net loss of 33 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Royal Bank of Canada, adding an estimated $61.8K. The largest seller was Saba Capital Management, exiting entirely with an estimated $20.4M sold.
- 22 institutional investors held Athena Technology Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-half of one Redeemable Warrant (ATEK.U) as of Q1 2022, down from 55 in Q4 2021.
- Funds reported $53.7M of Athena Technology Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-half of one Redeemable Warrant stock for Q1 2022, down 77% quarter-over-quarter.
- 0 funds opened new Athena Technology Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-half of one Redeemable Warrant positions in Q1 2022 and 33 closed out, a net change of -33 holders.
- The largest Athena Technology Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-half of one Redeemable Warrant buyer in Q1 2022 was Royal Bank of Canada, an estimated $61.8K added.
- The largest Athena Technology Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-half of one Redeemable Warrant seller in Q1 2022 was Saba Capital Management, an estimated $20.4M sold.
Based on aggregated 13F filings for Q1 2022.