Benessere Capital Acquisition Corp. Class A Common Stock
BENE
BENE was delisted on the 31st of October, 2022.
36 hedge funds and large institutions have $62.2M invested in Benessere Capital Acquisition Corp. Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 16 closing their positions.
124% more call options, than puts
Call options by funds: $11.6M | Put options by funds: $5.17M
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0% less capital invested
Capital invested by funds: $62.4M → $62.2M (-$218K)
20% less funds holding
Funds holding: 45 → 36 (-9)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$12.4M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$3.49M |
| 3 |
RL
RPO LLC
Stamford,
Connecticut
|
+$3.43M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$3.03M |
| 5 |
CM
Cohanzick Management
Pleasantville,
New York
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M
Murchinson
Toronto,
Ontario, Canada
|
-$7.76M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.02M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$3.88M |
| 4 |
Millennium Management
New York
|
-$3.33M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$2.9M |
BENE Hedge Fund Activity: Q1 2022 in Review
36 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Benessere Capital Acquisition Corp. Class A Common Stock (BENE) for Q1 2022, worth a combined $62.2M — down 0.35% from $62.4M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BENE and 7 opened new positions — a net loss of 9 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Glazer Capital LLC, adding an estimated $12.4M. The largest seller was Murchinson, exiting entirely with an estimated $7.76M sold.
- 36 institutional investors held Benessere Capital Acquisition Corp. Class A Common Stock (BENE) as of Q1 2022, down from 45 in Q4 2021.
- Funds reported $62.2M of Benessere Capital Acquisition Corp. Class A Common Stock stock for Q1 2022, down 0.35% quarter-over-quarter.
- 7 funds opened new Benessere Capital Acquisition Corp. Class A Common Stock positions in Q1 2022 and 16 closed out, a net change of -9 holders.
- The largest Benessere Capital Acquisition Corp. Class A Common Stock buyer in Q1 2022 was Glazer Capital LLC, an estimated $12.4M added.
- The largest Benessere Capital Acquisition Corp. Class A Common Stock seller in Q1 2022 was Murchinson, an estimated $7.76M sold.
Based on aggregated 13F filings for Q1 2022.