Battery Future Acquisition Corp.
BFAC
BFAC was delisted on the 13th of December, 2024.
21 hedge funds and large institutions have $43M invested in Battery Future Acquisition Corp. in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 14 closing their positions.
22% less capital invested
Capital invested by funds: $55M → $43M (-$12M)
30% less funds holding
Funds holding: 30 → 21 (-9)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$4.04M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$3.88M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$2.21M |
| 4 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$1.83M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$557K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$3.74M |
| 2 |
EAM
Exos Asset Management
New York
|
-$3.3M |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$2.87M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.75M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$2.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCMNY
26
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$2.75M | -250,000 | Closed |
|
|
TCM
27
Tenor Capital Management
New York
| – | -$1.65M | -150,000 | Closed |
|
|
SIA
28
SkyView Investment Advisors
Shrewsbury,
New Jersey
| – | -$1.26M | -114,600 | Closed |
|
|
WC
29
Wealthspring Capital
West Harrison,
New York
| – | -$1.23M | -112,000 | Closed |
|
|
RCM
30
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$949K | -86,295 | Closed |
|
|
RCM
31
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$762K | -68,520 | Closed |
|
|
DAM
32
Deltec Asset Management
New York
| – | -$550K | -50,000 | Closed |
|
|
KIM
33
Karpus Investment Management
Pittsford,
New York
| – | -$441K | -40,085 | Closed |
|
|
TI
34
Tidal Investments
Milwaukee,
Wisconsin
| – | -$426K | -38,770 | Closed |
|
35
JP Morgan Chase
New York
| – | -$275K | -24,997 | Closed |
|
BFAC Hedge Fund Activity: Q2 2024 in Review
21 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Battery Future Acquisition Corp. (BFAC) for Q2 2024, worth a combined $43M — down 22% from $55M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BFAC and 5 opened new positions — a net loss of 9 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Shaolin Capital Management, opening a new position worth an estimated $4.04M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $3.74M sold.
- 21 institutional investors held Battery Future Acquisition Corp. (BFAC) as of Q2 2024, down from 30 in Q1 2024.
- Funds reported $43M of Battery Future Acquisition Corp. stock for Q2 2024, down 22% quarter-over-quarter.
- 5 funds opened new Battery Future Acquisition Corp. positions in Q2 2024 and 14 closed out, a net change of -9 holders.
- The largest Battery Future Acquisition Corp. buyer in Q2 2024 was Shaolin Capital Management, an estimated $4.04M added.
- The largest Battery Future Acquisition Corp. seller in Q2 2024 was Fir Tree Capital Management, an estimated $3.74M sold.
Based on aggregated 13F filings for Q2 2024.