Avanti Acquisition Corp.
AVAN
AVAN was delisted on the 6th of October, 2022.
74 hedge funds and large institutions have $480M invested in Avanti Acquisition Corp. in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 7 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
35% more call options, than puts
Call options by funds: $2.33M | Put options by funds: $1.72M
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 73 → 74 (+1)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
4% more capital invested
Capital invested by funds: $460M → $480M (+$20.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$20.7M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$5.92M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.36M |
| 4 |
Jane Street
New York
|
+$3.55M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
-$10.5M |
| 2 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$5.71M |
| 3 |
KC
Kryger Capital
London,
United Kingdom
|
-$3.46M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.98M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAL
76
TIG Advisors LLC
New York
| – | -$1.83M | -184,713 | Closed |
|
77
Citigroup
New York
| – | -$743K | -75,001 | Closed |
|
|
PCM
78
Penserra Capital Management
Orinda,
California
| – | -$63K | -6,424 | Closed |
|
79
Simplex Trading
Chicago,
Illinois
| – | +$10 | +1 | New |
|
|
OMC
80
Old Mission Capital
Chicago,
Illinois
| – | +$110K | +11,004 | New |
|
AVAN Hedge Fund Activity: Q3 2022 in Review
74 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Avanti Acquisition Corp. (AVAN) for Q3 2022, worth a combined $480M — up 4.5% from $460M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new AVAN positions and 7 closed out — a net gain of 1 holder — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $20.7M. The largest seller was Kepos Capital, cutting an estimated $10.5M.
- 74 institutional investors held Avanti Acquisition Corp. (AVAN) as of Q3 2022, up from 73 in Q2 2022.
- Funds reported $480M of Avanti Acquisition Corp. stock for Q3 2022, up 4.5% quarter-over-quarter.
- 8 funds opened new Avanti Acquisition Corp. positions in Q3 2022 and 7 closed out, a net change of +1 holder.
- The largest Avanti Acquisition Corp. buyer in Q3 2022 was Glazer Capital LLC, an estimated $20.7M added.
- The largest Avanti Acquisition Corp. seller in Q3 2022 was Kepos Capital, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2022.