Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Shares
BCSA
BCSA was delisted on the 11th of November, 2024.
16 hedge funds and large institutions have $35.7M invested in Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 0 increasing their positions, 9 reducing their positions, and 54 closing their positions.
76% less funds holding
Funds holding: 66 → 16 (-50)
88% less capital invested
Capital invested by funds: $290M → $35.7M (-$254M)
93% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 54
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$3.61M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$18.9K |
| 3 |
CS
Clear Street
New York
|
+$268 |
| 4 |
Morgan Stanley
New York
|
+$10 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$36.4M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$20.8M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$16M |
| 4 |
SC
Sculptor Capital
New York
|
-$13.7M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$12.7M |
BCSA Hedge Fund Activity: Q1 2023 in Review
16 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Shares (BCSA) for Q1 2023, worth a combined $35.7M — down 88% from $290M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of BCSA and 4 opened new positions — a net loss of 50 holders — while 9 trimmed existing stakes and 0 added.
The largest buyer was Sandia Investment Management, opening a new position worth an estimated $3.61M. The largest seller was Saba Capital Management, exiting entirely with an estimated $36.4M sold.
- 16 institutional investors held Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Shares (BCSA) as of Q1 2023, down from 66 in Q4 2022.
- Funds reported $35.7M of Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Shares stock for Q1 2023, down 88% quarter-over-quarter.
- 4 funds opened new Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Shares positions in Q1 2023 and 54 closed out, a net change of -50 holders.
- The largest Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Shares buyer in Q1 2023 was Sandia Investment Management, an estimated $3.61M added.
- The largest Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Shares seller in Q1 2023 was Saba Capital Management, an estimated $36.4M sold.
Based on aggregated 13F filings for Q1 2023.