Benessere Capital Acquisition Corp. Class A Common Stock
BENE
BENE was delisted on the 31st of October, 2022.
45 hedge funds and large institutions have $62.4M invested in Benessere Capital Acquisition Corp. Class A Common Stock in 2021 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 20 closing their positions.
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
22% more funds holding
Funds holding: 37 → 45 (+8)
15% less call options, than puts
Call options by funds: $13.7M | Put options by funds: $16.1M
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
41.71% less ownership
Funds ownership: 93.48% → 51.77% (-42%)
44% less capital invested
Capital invested by funds: $112M → $62.4M (-$49.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M
Murchinson
Toronto,
Ontario, Canada
|
+$7.92M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$7.71M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.12M |
| 4 |
Millennium Management
New York
|
+$3.14M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$28.9M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$9.98M |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$7.06M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.51M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$5.82M |
BENE Hedge Fund Activity: Q4 2021 in Review
45 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Benessere Capital Acquisition Corp. Class A Common Stock (BENE) for Q4 2021, worth a combined $62.4M — down 44% from $112M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BENE positions and 20 closed out — a net gain of 8 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Murchinson, opening a new position worth an estimated $7.92M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $28.9M sold.
- 45 institutional investors held Benessere Capital Acquisition Corp. Class A Common Stock (BENE) as of Q4 2021, up from 37 in Q3 2021.
- Funds reported $62.4M of Benessere Capital Acquisition Corp. Class A Common Stock stock for Q4 2021, down 44% quarter-over-quarter.
- 28 funds opened new Benessere Capital Acquisition Corp. Class A Common Stock positions in Q4 2021 and 20 closed out, a net change of +8 holders.
- The largest Benessere Capital Acquisition Corp. Class A Common Stock buyer in Q4 2021 was Murchinson, an estimated $7.92M added.
- The largest Benessere Capital Acquisition Corp. Class A Common Stock seller in Q4 2021 was Karpus Investment Management, an estimated $28.9M sold.
Based on aggregated 13F filings for Q4 2021.