Bite Acquisition Corp.
BITE
BITE was delisted on the 28th of June, 2024.
14 hedge funds and large institutions have $29.5M invested in Bite Acquisition Corp. in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
10% more capital invested
Capital invested by funds: $26.8M → $29.5M (+$2.7M)
8% more funds holding
Funds holding: 13 → 14 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$3.2M |
| 2 |
HF
HRT Financial
New York
|
+$572K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$315K |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$99K |
| 5 |
CS
Clear Street
New York
|
+$52.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Crestline Management
Fort Worth,
Texas
|
-$1.02M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$244K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$19.8K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$10 |
BITE Hedge Fund Activity: Q2 2023 in Review
14 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Bite Acquisition Corp. (BITE) for Q2 2023, worth a combined $29.5M — up 10% from $26.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BITE positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Spartan Fund Management, adding an estimated $3.2M. The largest seller was Crestline Management, exiting entirely with an estimated $1.02M sold.
- 14 institutional investors held Bite Acquisition Corp. (BITE) as of Q2 2023, up from 13 in Q1 2023.
- Funds reported $29.5M of Bite Acquisition Corp. stock for Q2 2023, up 10% quarter-over-quarter.
- 2 funds opened new Bite Acquisition Corp. positions in Q2 2023 and 1 closed out, a net change of +1 holder.
- The largest Bite Acquisition Corp. buyer in Q2 2023 was Spartan Fund Management, an estimated $3.2M added.
- The largest Bite Acquisition Corp. seller in Q2 2023 was Crestline Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q2 2023.