Benessere Capital Acquisition Corp. Right
BENER
BENER was delisted on the 31st of October, 2022.
23 hedge funds and large institutions have $1.02M invested in Benessere Capital Acquisition Corp. Right in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 6 closing their positions.
18% less funds holding
Funds holding: 28 → 23 (-5)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
50% less capital invested
Capital invested by funds: $2.05M → $1.02M (-$1.03M)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASM
ATW SPAC Management
New York
|
+$125K |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$124K |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$48.1K |
| 4 |
ICM
Ionic Capital Management
New York
|
+$7.82K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$176K |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
-$63K |
| 3 |
KC
Kepos Capital
New York
|
-$41K |
| 4 |
CAC
Cowen and Company
New York
|
-$28.9K |
| 5 |
FIA
FNY Investment Advisers
New York
|
-$11.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| – | -$9K | -23,444 | Closed |
|
27
Jane Street
New York
| – | -$5K | -11,702 | Closed |
|
|
EPM
28
Equitec Proprietary Markets
Chicago,
Illinois
| – | -$4K | -10,000 | Closed |
|
BENER Hedge Fund Activity: Q1 2022 in Review
23 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Benessere Capital Acquisition Corp. Right (BENER) for Q1 2022, worth a combined $1.02M — down 50% from $2.05M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BENER and 1 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was ATW SPAC Management, opening a new position worth an estimated $125K. The largest seller was Hudson Bay Capital Management, cutting an estimated $176K.
- 23 institutional investors held Benessere Capital Acquisition Corp. Right (BENER) as of Q1 2022, down from 28 in Q4 2021.
- Funds reported $1.02M of Benessere Capital Acquisition Corp. Right stock for Q1 2022, down 50% quarter-over-quarter.
- 1 fund opened new Benessere Capital Acquisition Corp. Right positions in Q1 2022 and 6 closed out, a net change of -5 holders.
- The largest Benessere Capital Acquisition Corp. Right buyer in Q1 2022 was ATW SPAC Management, an estimated $125K added.
- The largest Benessere Capital Acquisition Corp. Right seller in Q1 2022 was Hudson Bay Capital Management, an estimated $176K sold.
Based on aggregated 13F filings for Q1 2022.