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.
19 hedge funds and large institutions have $17.8M invested in Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less funds holding
Funds holding: 24 → 19 (-5)
49% less capital invested
Capital invested by funds: $35.3M → $17.8M (-$17.4M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$27K |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$10.9K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.16K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$10 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$8.44M |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
-$1.99M |
| 3 |
VF
Virtu Financial
New York
|
-$348K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$157K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$111K |
BITE.U Hedge Fund Activity: Q1 2022 in Review
19 of the 6,341 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 Q1 2022, worth a combined $17.8M — down 49% from $35.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BITE.U and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $27K. The largest seller was Aristeia Capital, exiting entirely with an estimated $8.44M sold.
- 19 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 Q1 2022, down from 24 in Q4 2021.
- Funds reported $17.8M of Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant stock for Q1 2022, down 49% 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 Q1 2022 and 5 closed out, a net change of -4 holders.
- The largest Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant buyer in Q1 2022 was Wolverine Asset Management, an estimated $27K added.
- The largest Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant seller in Q1 2022 was Aristeia Capital, an estimated $8.44M sold.
Based on aggregated 13F filings for Q1 2022.