Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant
BITE.U
BITE.U was delisted on the 28th of June, 2024.
27 hedge funds and large institutions have $42.6M invested in Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 12 closing their positions.
18% less capital invested
Capital invested by funds: $52.1M → $42.6M (-$9.53M)
29% less funds holding
Funds holding: 38 → 27 (-11)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$1.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$778 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$5.87M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$2.72M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.54M |
| 4 |
Walleye Trading
New York
|
-$798K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$599K |
BITE.U Hedge Fund Activity: Q3 2021 in Review
27 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant (BITE.U) for Q3 2021, worth a combined $42.6M — down 18% from $52.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BITE.U and 1 opened new positions — a net loss of 11 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Shaolin Capital Management, adding an estimated $1.4M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $5.87M sold.
- 27 institutional investors held Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant (BITE.U) as of Q3 2021, down from 38 in Q2 2021.
- Funds reported $42.6M of Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant stock for Q3 2021, down 18% quarter-over-quarter.
- 1 fund opened new Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant positions in Q3 2021 and 12 closed out, a net change of -11 holders.
- The largest Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant buyer in Q3 2021 was Shaolin Capital Management, an estimated $1.4M added.
- The largest Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant seller in Q3 2021 was BlueCrest Capital Management, an estimated $5.87M sold.
Based on aggregated 13F filings for Q3 2021.