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.
4 hedge funds and large institutions have $101K 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 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
60% less funds holding
Funds holding: 10 → 4 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
97% less capital invested
Capital invested by funds: $4.02M → $101K (-$3.91M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$52.9K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$997 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$1.4M |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$1.36M |
| 3 |
VF
Virtu Financial
New York
|
-$432K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$263K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$206K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Clear Street
New York
| $77K | +$52.9K | +5,309 | +231% |
|
2
Bank of America
Charlotte,
North Carolina
| $13K | – | – | – |
|
3
UBS Group
Zurich,
Switzerland
| $10.4K | -$26.9K | -2,700 | -72% |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $1K | +$997 | +100 | New |
|
|
WC
5
Wealthspring Capital
West Harrison,
New York
| – | -$1.4M | -142,765 | Closed |
|
|
SIA
6
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$1.36M | -138,865 | Closed |
|
|
VF
7
Virtu Financial
New York
| – | -$432K | -43,983 | Closed |
|
|
LCM
8
Landscape Capital Management
Englewood,
New Jersey
| – | -$263K | -26,817 | Closed |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$206K | -21,010 | Closed |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| – | -$168K | -17,116 | Closed |
|
|
CCM
11
Condor Capital Management
Martinsville,
New Jersey
| – | -$108K | -10,950 | Closed |
|
BACA.U Hedge Fund Activity: Q4 2022 in Review
4 of the 6,222 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 Q4 2022, worth a combined $101K — down 97% from $4.02M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BACA.U and 1 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $52.9K. The largest seller was Wealthspring Capital, exiting entirely with an estimated $1.4M sold.
- 4 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 Q4 2022, down from 10 in Q3 2022.
- Funds reported $101K 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 Q4 2022, down 97% quarter-over-quarter.
- 1 fund 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 Q4 2022 and 7 closed out, a net change of -6 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 Q4 2022 was Clear Street, an estimated $52.9K 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 Q4 2022 was Wealthspring Capital, an estimated $1.4M sold.
Based on aggregated 13F filings for Q4 2022.