Berenson Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
BACA.U
BACA.U was delisted on the 9th of March, 2023.
10 hedge funds and large institutions have $4.02M invested in Berenson Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
61% less capital invested
Capital invested by funds: $10.3M → $4.02M (-$6.32M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$433K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$207K |
| 3 |
CS
Clear Street
New York
|
+$22.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$21.7K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$8.85K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$4.84M |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$1.05M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$980K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$57.9K |
| 5 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$48.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WC
1
Wealthspring Capital
West Harrison,
New York
| $1.4M | -$57.9K | -5,890 | -4% |
|
|
SIA
2
Schechter Investment Advisors
Birmingham,
Michigan
| $1.36M | -$48.1K | -4,890 | -3% |
|
|
VF
3
Virtu Financial
New York
| $432K | +$433K | +43,983 | New |
|
|
LCM
4
Landscape Capital Management
Englewood,
New Jersey
| $263K | +$8.85K | +900 | +3% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $206K | +$207K | +21,010 | New |
|
|
WAM
6
Wolverine Asset Management
Chicago,
Illinois
| $168K | -$42.3K | -4,300 | -20% |
|
|
CCM
7
Condor Capital Management
Martinsville,
New Jersey
| $108K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $37K | +$21.7K | +2,207 | +144% |
|
|
CS
9
Clear Street
New York
| $23K | +$22.6K | +2,300 | New |
|
10
Bank of America
Charlotte,
North Carolina
| $13K | – | – | – |
|
|
11
Calamos Advisors
Naperville,
Illinois
| – | -$4.84M | -500,000 | Closed |
|
|
SMA
12
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$1.05M | -107,945 | Closed |
|
|
CSS
13
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$980K | -99,331 | Closed |
|
BACA.U Hedge Fund Activity: Q3 2022 in Review
10 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Berenson Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (BACA.U) for Q3 2022, worth a combined $4.02M — down 61% from $10.3M a quarter earlier.
Fund positioning in BACA.U was balanced in Q3 2022: 3 funds opened new positions, 3 closed out, 2 added to existing stakes and 3 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $433K. The largest seller was Calamos Advisors, exiting entirely with an estimated $4.84M sold.
- 10 institutional investors held Berenson Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (BACA.U) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $4.02M of Berenson Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q3 2022, down 61% quarter-over-quarter.
- 3 funds opened new Berenson Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q3 2022 and 3 closed out, a net change of 0 holders.
- The largest Berenson Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q3 2022 was Virtu Financial, an estimated $433K added.
- The largest Berenson Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q3 2022 was Calamos Advisors, an estimated $4.84M sold.
Based on aggregated 13F filings for Q3 2022.