Bite Acquisition Corp.
BITE
BITE was delisted on the 28th of June, 2024.
12 hedge funds and large institutions have $21M invested in Bite Acquisition Corp. in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 5 closing their positions.
8% less funds holding
Funds holding: 13 → 12 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
28% less capital invested
Capital invested by funds: $29.2M → $21M (-$8.24M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$4.37M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.14M |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$2.01M |
| 4 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$1.61M |
| 5 |
CAC
Cowen and Company
New York
|
+$310K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
-$5.38M |
| 2 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$5.2M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$4.82M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.59M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$673K |
BITE Hedge Fund Activity: Q1 2024 in Review
12 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Bite Acquisition Corp. (BITE) for Q1 2024, worth a combined $21M — down 28% from $29.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BITE and 4 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was Meteora Capital, adding an estimated $4.37M. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $5.38M sold.
- 12 institutional investors held Bite Acquisition Corp. (BITE) as of Q1 2024, down from 13 in Q4 2023.
- Funds reported $21M of Bite Acquisition Corp. stock for Q1 2024, down 28% quarter-over-quarter.
- 4 funds opened new Bite Acquisition Corp. positions in Q1 2024 and 5 closed out, a net change of -1 holder.
- The largest Bite Acquisition Corp. buyer in Q1 2024 was Meteora Capital, an estimated $4.37M added.
- The largest Bite Acquisition Corp. seller in Q1 2024 was Mizuho Securities USA, an estimated $5.38M sold.
Based on aggregated 13F filings for Q1 2024.