Benessere Capital Acquisition Corp. Class A Common Stock
BENE
BENE was delisted on the 31st of October, 2022.
23 hedge funds and large institutions have $47M invested in Benessere Capital Acquisition Corp. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 14 closing their positions.
376% more call options, than puts
Call options by funds: $9.23M | Put options by funds: $1.94M
28% less funds holding
Funds holding: 32 → 23 (-9)
36% less capital invested
Capital invested by funds: $73.6M → $47M (-$26.6M)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
75% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCWM
Graham Capital Wealth Management
Washington D.c.,
District of Columbia
|
+$1.76M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$1.53M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$743K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$682K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
RPO LLC
Stamford,
Connecticut
|
-$5.29M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$4.94M |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$3.63M |
| 4 |
CAC
Cowen and Company
New York
|
-$2.76M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| – | -$1.25M | -120,816 | Closed |
|
|
RCM
27
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$1.24M | -119,600 | Closed |
|
28
Nomura Holdings
Tokyo,
Japan
| – | -$1.08M | -104,792 | Closed |
|
|
SSA
29
Schonfeld Strategic Advisors
New York
| – | -$969K | -93,823 | Closed |
|
|
CHAM
30
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$490K | -47,443 | Closed |
|
|
AA
31
AQR Arbitrage
Greenwich,
Connecticut
| – | -$483K | -46,760 | Closed |
|
|
WAM
32
Weiss Asset Management
Boston,
Massachusetts
| – | -$413K | -40,000 | Closed |
|
33
Group One Trading
Chicago,
Illinois
| – | -$196K | -18,917 | Closed |
|
34
Millennium Management
New York
| – | -$129K | -12,500 | Closed |
|
|
CG
35
Cutler Group
San Francisco,
California
| – | -$34K | -3,328 | Closed |
|
36
Osaic Holdings
Scottsdale,
Arizona
| – | -$10K | -1,000 | Closed |
|
37
Simplex Trading
Chicago,
Illinois
| – | +$10 | +1 | New |
|
BENE Hedge Fund Activity: Q3 2022 in Review
23 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Benessere Capital Acquisition Corp. Class A Common Stock (BENE) for Q3 2022, worth a combined $47M — down 36% from $73.6M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BENE and 5 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 3 added.
The largest buyer was Graham Capital Wealth Management, adding an estimated $1.76M. The largest seller was RPO LLC, exiting entirely with an estimated $5.29M sold.
- 23 institutional investors held Benessere Capital Acquisition Corp. Class A Common Stock (BENE) as of Q3 2022, down from 32 in Q2 2022.
- Funds reported $47M of Benessere Capital Acquisition Corp. Class A Common Stock stock for Q3 2022, down 36% quarter-over-quarter.
- 5 funds opened new Benessere Capital Acquisition Corp. Class A Common Stock positions in Q3 2022 and 14 closed out, a net change of -9 holders.
- The largest Benessere Capital Acquisition Corp. Class A Common Stock buyer in Q3 2022 was Graham Capital Wealth Management, an estimated $1.76M added.
- The largest Benessere Capital Acquisition Corp. Class A Common Stock seller in Q3 2022 was RPO LLC, an estimated $5.29M sold.
Based on aggregated 13F filings for Q3 2022.