Battery Future Acquisition Corp.
BFAC
BFAC was delisted on the 13th of December, 2024.
30 hedge funds and large institutions have $55M invested in Battery Future Acquisition Corp. in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
11% more funds holding
Funds holding: 27 → 30 (+3)
4% less capital invested
Capital invested by funds: $57.3M → $55M (-$2.34M)
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.66M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.22M |
| 3 |
CAC
Cowen and Company
New York
|
+$628K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$192K |
| 5 |
MSU
Mizuho Securities USA
New York
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
-$26.9M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.85M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$821K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$142K |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$106K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $275K | -$33 | -3 | -0% |
|
|
SFM
27
Spartan Fund Management
Toronto, Ontario,
Canada
| $4.64K | +$4.62K | +422 | New |
|
28
UBS Group
Zurich,
Switzerland
| $286 | -$569 | -52 | -67% |
|
|
CS
29
Clear Street
New York
| $143 | +$142 | +13 | New |
|
|
CF
30
Cantor Fitzgerald
New York
| – | -$26.9M | -2,460,000 | -89% |
|
|
SCM
31
Shaolin Capital Management
Miami,
Florida
| – | -$2.85M | -263,000 | Closed |
|
BFAC Hedge Fund Activity: Q1 2024 in Review
30 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Battery Future Acquisition Corp. (BFAC) for Q1 2024, worth a combined $55M — down 4.1% from $57.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BFAC positions and 1 closed out — a net gain of 4 holders — while 3 added to existing stakes and 11 trimmed.
The largest buyer was W.R. Berkley Corp, opening a new position worth an estimated $1.66M. The largest seller was Cantor Fitzgerald, cutting an estimated $26.9M.
- 30 institutional investors held Battery Future Acquisition Corp. (BFAC) as of Q1 2024, up from 27 in Q4 2023.
- Funds reported $55M of Battery Future Acquisition Corp. stock for Q1 2024, down 4.1% quarter-over-quarter.
- 5 funds opened new Battery Future Acquisition Corp. positions in Q1 2024 and 1 closed out, a net change of +4 holders.
- The largest Battery Future Acquisition Corp. buyer in Q1 2024 was W.R. Berkley Corp, an estimated $1.66M added.
- The largest Battery Future Acquisition Corp. seller in Q1 2024 was Cantor Fitzgerald, an estimated $26.9M sold.
Based on aggregated 13F filings for Q1 2024.