Battery Future Acquisition Corp.
BFAC
BFAC was delisted on the 13th of December, 2024.
35 hedge funds and large institutions have $114M invested in Battery Future Acquisition Corp. in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 41 closing their positions.
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
47% less funds holding
Funds holding: 66 → 35 (-31)
69% less capital invested
Capital invested by funds: $364M → $114M (-$251M)
73% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 41
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$8.42M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$7.28M |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$4.77M |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$4.31M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$4.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
-$26.3M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$26M |
| 3 |
SCM
Saba Capital Management
New York
|
-$21.3M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15.7M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$15.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
UBS Group
Zurich,
Switzerland
| – | -$1.98K | -190 | Closed |
|
BFAC Hedge Fund Activity: Q2 2023 in Review
35 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Battery Future Acquisition Corp. (BFAC) for Q2 2023, worth a combined $114M — down 69% from $364M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of BFAC and 11 opened new positions — a net loss of 30 holders — while 12 trimmed existing stakes and 7 added.
The largest buyer was Mizuho Securities USA, opening a new position worth an estimated $8.42M. The largest seller was Cantor Fitzgerald, cutting an estimated $26.3M.
- 35 institutional investors held Battery Future Acquisition Corp. (BFAC) as of Q2 2023, down from 66 in Q1 2023.
- Funds reported $114M of Battery Future Acquisition Corp. stock for Q2 2023, down 69% quarter-over-quarter.
- 11 funds opened new Battery Future Acquisition Corp. positions in Q2 2023 and 41 closed out, a net change of -30 holders.
- The largest Battery Future Acquisition Corp. buyer in Q2 2023 was Mizuho Securities USA, an estimated $8.42M added.
- The largest Battery Future Acquisition Corp. seller in Q2 2023 was Cantor Fitzgerald, an estimated $26.3M sold.
Based on aggregated 13F filings for Q2 2023.