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.
35 hedge funds and large institutions have $111M invested in Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 47 closing their positions.
54% less funds holding
Funds holding: 76 → 35 (-41)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
66% less capital invested
Capital invested by funds: $330M → $111M (-$220M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
87% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
+$3M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$281K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$194K |
| 5 |
State Street
Boston,
Massachusetts
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
-$22.5M |
| 2 |
SCM
Saba Capital Management
New York
|
-$17M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$11M |
| 5 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$10.1M |
BFAC.U Hedge Fund Activity: Q1 2022 in Review
35 of the 6,361 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 Q1 2022, worth a combined $111M — down 66% from $330M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of BFAC.U and 6 opened new positions — a net loss of 41 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was VR Advisory Services, opening a new position worth an estimated $3M. The largest seller was Cantor Fitzgerald, exiting entirely with an estimated $22.5M sold.
- 35 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 Q1 2022, down from 76 in Q4 2021.
- Funds reported $111M of Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q1 2022, down 66% quarter-over-quarter.
- 6 funds opened new Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q1 2022 and 47 closed out, a net change of -41 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 Q1 2022 was VR Advisory Services, an estimated $3M 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 Q1 2022 was Cantor Fitzgerald, an estimated $22.5M sold.
Based on aggregated 13F filings for Q1 2022.