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 $47.7M 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
23.55% less ownership
Funds ownership: 66.5% → 42.95% (-24%)
28% less funds holding
Funds holding: 32 → 23 (-9)
35% less capital invested
Capital invested by funds: $73.6M → $47.7M (-$25.9M)
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 |
BENE Hedge Fund Activity: Q3 2022 in Review
23 of the 5,828 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 $47.7M — down 35% 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 $47.7M of Benessere Capital Acquisition Corp. Class A Common Stock stock for Q3 2022, down 35% 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.