Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
BFAC.U
BFAC.U was delisted on the 22nd of November, 2024.
23 hedge funds and large institutions have $59.5M invested in Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% less funds holding
Funds holding: 34 → 23 (-11)
45% less capital invested
Capital invested by funds: $108M → $59.5M (-$48.9M)
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$5.03M |
| 2 |
CIM
Cowen Investment Management
New York
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$8.38M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.52M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.3M |
| 4 |
Millennium Management
New York
|
-$4.17M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$4.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MP
26
Mangrove Partners
Greenwich,
Connecticut
| – | -$4.3M | -428,102 | Closed |
|
|
27
Millennium Management
New York
| – | -$4.17M | -415,000 | Closed |
|
|
28
Allianz Asset Management
Munich,
Germany
| – | -$4.02M | -400,000 | Closed |
|
|
COPPSERS
29
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$4.02M | -400,000 | Closed |
|
|
VAS
30
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
| – | -$3.01M | -300,000 | Closed |
|
31
Parallax Volatility Advisers
San Francisco,
California
| – | -$2.78M | -277,003 | Closed |
|
|
KC
32
KCL Capital
New York
| – | -$240K | -23,922 | Closed |
|
|
CM
33
Cohanzick Management
Pleasantville,
New York
| – | -$147K | -14,598 | Closed |
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$105K | -10,401 | Closed |
|
|
PI
35
PEAK6 Investments
Chicago,
Illinois
| – | -$1K | -5,000 | Closed |
|
BFAC.U Hedge Fund Activity: Q2 2022 in Review
23 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (BFAC.U) for Q2 2022, worth a combined $59.5M — down 45% from $108M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BFAC.U and 1 opened new positions — a net loss of 11 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was HGC Investment Management, adding an estimated $5.03M. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $8.38M sold.
- 23 institutional investors held Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (BFAC.U) as of Q2 2022, down from 34 in Q1 2022.
- Funds reported $59.5M of Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q2 2022, down 45% quarter-over-quarter.
- 1 fund opened new Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q2 2022 and 12 closed out, a net change of -11 holders.
- The largest Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q2 2022 was HGC Investment Management, an estimated $5.03M added.
- The largest Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q2 2022 was D.E. Shaw & Co, an estimated $8.38M sold.
Based on aggregated 13F filings for Q2 2022.