Berenson Acquisition Corp. I Warrants, each whole warrant exercisable for one share of class A common stock at an exercise price of $11.50

BACA.WS

BACA.WS Hedge Fund Activity: Q1 2023 in Review

8 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Berenson Acquisition Corp. I Warrants, each whole warrant exercisable for one share of class A common stock at an exercise price of $11.50 (BACA.WS) for Q1 2023, worth a combined $512K — down 97% from $16.6M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of BACA.WS and 0 opened new positions — a net loss of 24 holders — while 0 trimmed existing stakes and 2 added.

The largest buyer was Flow Traders U.S., adding an estimated $434. The largest seller was LMR Partners, exiting entirely with an estimated $3.69M sold.

• 8 institutional investors held Berenson Acquisition Corp. I Warrants, each whole warrant exercisable for one share of class A common stock at an exercise price of $11.50 (BACA.WS) as of Q1 2023, down from 32 in Q4 2022.
• Funds reported $512K of Berenson Acquisition Corp. I Warrants, each whole warrant exercisable for one share of class A common stock at an exercise price of $11.50 stock for Q1 2023, down 97% quarter-over-quarter.
• 0 funds opened new Berenson Acquisition Corp. I Warrants, each whole warrant exercisable for one share of class A common stock at an exercise price of $11.50 positions in Q1 2023 and 24 closed out, a net change of -24 holders.
• The largest Berenson Acquisition Corp. I Warrants, each whole warrant exercisable for one share of class A common stock at an exercise price of $11.50 buyer in Q1 2023 was Flow Traders U.S., an estimated $434 added.
• The largest Berenson Acquisition Corp. I Warrants, each whole warrant exercisable for one share of class A common stock at an exercise price of $11.50 seller in Q1 2023 was LMR Partners, an estimated $3.69M sold.

Based on aggregated 13F filings for Q1 2023.