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.
8 hedge funds and large institutions have $1.55M invested in Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 3 closing their positions.
11% less funds holding
Funds holding: 9 → 8 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
85% less capital invested
Capital invested by funds: $10.5M → $1.55M (-$8.98M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$837K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$5.24M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.62M |
| 3 |
CIM
Cowen Investment Management
New York
|
-$1.05M |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$46.5K |
| 5 |
CS
Clear Street
New York
|
-$38K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
1
Schechter Investment Advisors
Birmingham,
Michigan
| $876K | -$46.5K | -4,400 | -5% |
|
|
CCM
2
Condor Capital Management
Martinsville,
New Jersey
| $174K | – | – | – |
|
|
WC
3
Wealthspring Capital
West Harrison,
New York
| $164K | -$10.6K | -1,000 | -6% |
|
|
VF
4
Virtu Financial
New York
| $146K | -$7.34K | -694 | -5% |
|
5
State Street
Boston,
Massachusetts
| $140K | – | – | – |
|
|
CS
6
Clear Street
New York
| $38.7K | -$38K | -3,591 | -50% |
|
|
SFM
7
Spartan Fund Management
Toronto, Ontario,
Canada
| $7.76K | +$837K | +79,156 | New |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $1.06K | +$1.06K | +100 | New |
|
|
9
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$5.24M | -500,000 | Closed |
|
|
RCM
10
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$2.62M | -250,000 | Closed |
|
|
CIM
11
Cowen Investment Management
New York
| – | -$1.05M | -100,000 | Closed |
|
BFAC.U Hedge Fund Activity: Q2 2023 in Review
8 of the 6,371 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 2023, worth a combined $1.55M — down 85% from $10.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BFAC.U and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 0 added.
The largest buyer was Spartan Fund Management, opening a new position worth an estimated $837K. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, exiting entirely with an estimated $5.24M sold.
- 8 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 2023, down from 9 in Q1 2023.
- Funds reported $1.55M of Battery Future Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q2 2023, down 85% quarter-over-quarter.
- 2 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 Q2 2023 and 3 closed out, a net change of -1 holder.
- 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 2023 was Spartan Fund Management, an estimated $837K 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 2023 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $5.24M sold.
Based on aggregated 13F filings for Q2 2023.