AXIOS Sustainable Growth Acquisition Corporation
AXAC
AXAC was delisted on the 17th of May, 2023.
17 hedge funds and large institutions have $40.7M invested in AXIOS Sustainable Growth Acquisition Corporation in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 31 closing their positions.
58% less funds holding
Funds holding: 40 → 17 (-23)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
74% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 31
77% less capital invested
Capital invested by funds: $176M → $40.7M (-$135M)
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$4.15M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$3.05M |
| 3 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$2.85M |
| 4 |
KL
KIM LLC
Wichita,
Kansas
|
+$2.07M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$611K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$12M |
| 2 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$11.4M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$11.3M |
| 4 |
MSU
Mizuho Securities USA
New York
|
-$10.7M |
| 5 |
SCM
Saba Capital Management
New York
|
-$8.77M |
AXAC Hedge Fund Activity: Q1 2023 in Review
17 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in AXIOS Sustainable Growth Acquisition Corporation (AXAC) for Q1 2023, worth a combined $40.7M — down 77% from $176M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of AXAC and 8 opened new positions — a net loss of 23 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Owl Creek Asset Management, opening a new position worth an estimated $4.15M. The largest seller was Glazer Capital LLC, cutting an estimated $12M.
- 17 institutional investors held AXIOS Sustainable Growth Acquisition Corporation (AXAC) as of Q1 2023, down from 40 in Q4 2022.
- Funds reported $40.7M of AXIOS Sustainable Growth Acquisition Corporation stock for Q1 2023, down 77% quarter-over-quarter.
- 8 funds opened new AXIOS Sustainable Growth Acquisition Corporation positions in Q1 2023 and 31 closed out, a net change of -23 holders.
- The largest AXIOS Sustainable Growth Acquisition Corporation buyer in Q1 2023 was Owl Creek Asset Management, an estimated $4.15M added.
- The largest AXIOS Sustainable Growth Acquisition Corporation seller in Q1 2023 was Glazer Capital LLC, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2023.