Avalon Acquisition Inc. Class A Common Stock
AVAC
AVAC was delisted on the 7th of June, 2023.
43 hedge funds and large institutions have $164M invested in Avalon Acquisition Inc. Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
19% more funds holding
Funds holding: 36 → 43 (+7)
9% more capital invested
Capital invested by funds: $150M → $164M (+$13.7M)
5.89% more ownership
Funds ownership: 72.8% → 78.69% (+5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.43M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$7.41M |
| 3 |
Barclays
London,
United Kingdom
|
+$2.46M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.88M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$4.94M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$4.32M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.42M |
| 4 |
SV
Starboard Value
New York
|
-$896K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$147K |
AVAC Hedge Fund Activity: Q1 2022 in Review
43 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Avalon Acquisition Inc. Class A Common Stock (AVAC) for Q1 2022, worth a combined $164M — up 9.1% from $150M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new AVAC positions and 1 closed out — a net gain of 7 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $7.43M. The largest seller was MMCAP International, exiting entirely with an estimated $4.94M sold.
- 43 institutional investors held Avalon Acquisition Inc. Class A Common Stock (AVAC) as of Q1 2022, up from 36 in Q4 2021.
- Funds reported $164M of Avalon Acquisition Inc. Class A Common Stock stock for Q1 2022, up 9.1% quarter-over-quarter.
- 8 funds opened new Avalon Acquisition Inc. Class A Common Stock positions in Q1 2022 and 1 closed out, a net change of +7 holders.
- The largest Avalon Acquisition Inc. Class A Common Stock buyer in Q1 2022 was Rivernorth Capital Management, an estimated $7.43M added.
- The largest Avalon Acquisition Inc. Class A Common Stock seller in Q1 2022 was MMCAP International, an estimated $4.94M sold.
Based on aggregated 13F filings for Q1 2022.