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.
9 hedge funds and large institutions have $10.5M invested in Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
25% less funds holding
Funds holding: 12 → 9 (-3)
37% less capital invested
Capital invested by funds: $16.6M → $10.5M (-$6.1M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$150K |
| 2 |
CS
Clear Street
New York
|
+$74.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$5.15M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.15M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$205K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$31.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$14.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| $5.24M | – | – | – |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $2.62M | – | – | – |
|
|
CIM
3
Cowen Investment Management
New York
| $1.05M | – | – | – |
|
|
SIA
4
Schechter Investment Advisors
Birmingham,
Michigan
| $912K | – | – | – |
|
|
WC
5
Wealthspring Capital
West Harrison,
New York
| $173K | – | – | – |
|
|
CCM
6
Condor Capital Management
Martinsville,
New Jersey
| $172K | -$31.2K | -3,000 | -15% |
|
|
VF
7
Virtu Financial
New York
| $151K | +$150K | +14,445 | New |
|
8
State Street
Boston,
Massachusetts
| $138K | – | – | – |
|
|
CS
9
Clear Street
New York
| $75.9K | +$74.3K | +7,143 | +7,143% |
|
|
HIM
10
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$5.15M | -501,871 | Closed |
|
|
11
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$1.15M | -111,710 | Closed |
|
|
MIG
12
Mariner Investment Group
Harrison,
New York
| – | -$205K | -20,000 | Closed |
|
|
13
UBS Group
Zurich,
Switzerland
| – | -$14.2K | -1,387 | Closed |
|
BFAC.U Hedge Fund Activity: Q1 2023 in Review
9 of the 6,276 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 2023, worth a combined $10.5M — down 37% from $16.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BFAC.U and 1 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $150K. The largest seller was HGC Investment Management, exiting entirely with an estimated $5.15M sold.
- 9 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 2023, down from 12 in Q4 2022.
- Funds reported $10.5M of Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q1 2023, down 37% 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 Q1 2023 and 4 closed out, a net change of -3 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 2023 was Virtu Financial, an estimated $150K 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 2023 was HGC Investment Management, an estimated $5.15M sold.
Based on aggregated 13F filings for Q1 2023.