Bite Acquisition Corp.
BITE
BITE was delisted on the 28th of June, 2024.
12 hedge funds and large institutions have $28.1M invested in Bite Acquisition Corp. in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
1% more capital invested
Capital invested by funds: $28M → $28.1M (+$141K)
14% less funds holding
Funds holding: 14 → 12 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$5.31M |
| 2 |
CS
Clear Street
New York
|
+$1.23M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$552K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$143K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
-$4.39M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.54M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$622K |
| 4 |
HF
HRT Financial
New York
|
-$570K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$268K |
BITE Hedge Fund Activity: Q3 2023 in Review
12 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Bite Acquisition Corp. (BITE) for Q3 2023, worth a combined $28.1M — up 0.5% from $28M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BITE and 3 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Mizuho Securities USA, opening a new position worth an estimated $5.31M. The largest seller was Owl Creek Asset Management, exiting entirely with an estimated $4.39M sold.
- 12 institutional investors held Bite Acquisition Corp. (BITE) as of Q3 2023, down from 14 in Q2 2023.
- Funds reported $28.1M of Bite Acquisition Corp. stock for Q3 2023, up 0.5% quarter-over-quarter.
- 3 funds opened new Bite Acquisition Corp. positions in Q3 2023 and 5 closed out, a net change of -2 holders.
- The largest Bite Acquisition Corp. buyer in Q3 2023 was Mizuho Securities USA, an estimated $5.31M added.
- The largest Bite Acquisition Corp. seller in Q3 2023 was Owl Creek Asset Management, an estimated $4.39M sold.
Based on aggregated 13F filings for Q3 2023.