Battery Future Acquisition Corp.
BFAC
BFAC was delisted on the 13th of December, 2024.
27 hedge funds and large institutions have $57.3M invested in Battery Future Acquisition Corp. in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 19 closing their positions.
29.33% more ownership
Funds ownership: 38.72% → 68.05% (+29%)
23% less funds holding
Funds holding: 35 → 27 (-8)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
51% less capital invested
Capital invested by funds: $118M → $57.3M (-$60.6M)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.43M |
| 2 |
ETH
Exos TFP Holdings
New York
|
+$3.26M |
| 3 |
KC
Kepos Capital
New York
|
+$2.71M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.31M |
| 5 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$9.55M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$6.5M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
-$5.98M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$5.95M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$5.79M |
BFAC Hedge Fund Activity: Q4 2023 in Review
27 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Battery Future Acquisition Corp. (BFAC) for Q4 2023, worth a combined $57.3M — down 51% from $118M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BFAC and 11 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $5.43M. The largest seller was Westchester Capital Management (New York), cutting an estimated $9.55M.
- 27 institutional investors held Battery Future Acquisition Corp. (BFAC) as of Q4 2023, down from 35 in Q3 2023.
- Funds reported $57.3M of Battery Future Acquisition Corp. stock for Q4 2023, down 51% quarter-over-quarter.
- 11 funds opened new Battery Future Acquisition Corp. positions in Q4 2023 and 19 closed out, a net change of -8 holders.
- The largest Battery Future Acquisition Corp. buyer in Q4 2023 was Rivernorth Capital Management, an estimated $5.43M added.
- The largest Battery Future Acquisition Corp. seller in Q4 2023 was Westchester Capital Management (New York), an estimated $9.55M sold.
Based on aggregated 13F filings for Q4 2023.