Avanti Acquisition Corp.
AVAN
AVAN was delisted on the 6th of October, 2022.
77 hedge funds and large institutions have $420M invested in Avanti Acquisition Corp. in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 11 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
3% more capital invested
Capital invested by funds: $406M → $420M (+$13.8M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 78 → 77 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$8.05M |
| 2 |
FIG
Fortress Investment Group
New York
|
+$5.96M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.71M |
| 4 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$2.52M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$6.69M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.04M |
| 3 |
BSCM
Berry Street Capital Management
London,
United Kingdom
|
-$1.46M |
| 4 |
CCM
CAAS Capital Management
New York
|
-$1.16M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$805K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
76
Basso Capital Management
Stamford,
Connecticut
| $2K | +$1.95K | +200 | New |
|
77
UBS Group
Zurich,
Switzerland
| $1K | -$48.9K | -5,018 | -99% |
|
|
78
AllianceBernstein
Nashville,
Tennessee
| – | -$6.69M | -687,303 | Closed |
|
|
79
Arrowstreet Capital
Boston,
Massachusetts
| – | -$6.04M | -619,638 | Closed |
|
|
BSCM
80
Berry Street Capital Management
London,
United Kingdom
| – | -$1.46M | -150,000 | Closed |
|
|
CCM
81
CAAS Capital Management
New York
| – | -$1.16M | -119,497 | Closed |
|
|
DC
82
Davenport & Co
Richmond,
Virginia
| – | -$805K | -82,625 | Closed |
|
|
MSU
83
Mizuho Securities USA
New York
| – | -$390K | -40,000 | Closed |
|
|
PFMU
84
Privium Fund Management (UK)
London,
United Kingdom
| – | -$164K | -20,000 | Closed |
|
|
CCM
85
Context Capital Management
Lajolla,
California
| – | -$190K | -19,499 | Closed |
|
|
OMC
86
Old Mission Capital
Chicago,
Illinois
| – | -$107K | -10,967 | Closed |
|
|
PAM
87
Panagora Asset Management
Boston,
Massachusetts
| – | -$52K | -5,334 | Closed |
|
88
Bank of America
Charlotte,
North Carolina
| – | -$26K | -2,699 | Closed |
|
AVAN Hedge Fund Activity: Q3 2021 in Review
77 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Avanti Acquisition Corp. (AVAN) for Q3 2021, worth a combined $420M — up 3.4% from $406M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of AVAN and 10 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 21 added.
The largest buyer was Marshall Wace, adding an estimated $8.05M. The largest seller was AllianceBernstein, exiting entirely with an estimated $6.69M sold.
- 77 institutional investors held Avanti Acquisition Corp. (AVAN) as of Q3 2021, down from 78 in Q2 2021.
- Funds reported $420M of Avanti Acquisition Corp. stock for Q3 2021, up 3.4% quarter-over-quarter.
- 10 funds opened new Avanti Acquisition Corp. positions in Q3 2021 and 11 closed out, a net change of -1 holder.
- The largest Avanti Acquisition Corp. buyer in Q3 2021 was Marshall Wace, an estimated $8.05M added.
- The largest Avanti Acquisition Corp. seller in Q3 2021 was AllianceBernstein, an estimated $6.69M sold.
Based on aggregated 13F filings for Q3 2021.