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.
24 hedge funds and large institutions have $35.3M invested in Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 6 closing their positions.
11% less funds holding
Funds holding: 27 → 24 (-3)
17% less capital invested
Capital invested by funds: $42.6M → $35.3M (-$7.26M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$351K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$30 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$6.94M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.81M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$453K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$259K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$90.7K |
BITE.U Hedge Fund Activity: Q4 2021 in Review
24 of the 6,499 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 Q4 2021, worth a combined $35.3M — down 17% from $42.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BITE.U and 3 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $351K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $6.94M sold.
- 24 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 Q4 2021, down from 27 in Q3 2021.
- Funds reported $35.3M of Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant stock for Q4 2021, down 17% quarter-over-quarter.
- 3 funds opened new Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant positions in Q4 2021 and 6 closed out, a net change of -3 holders.
- The largest Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant buyer in Q4 2021 was Virtu Financial, an estimated $351K added.
- The largest Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant seller in Q4 2021 was Shaolin Capital Management, an estimated $6.94M sold.
Based on aggregated 13F filings for Q4 2021.