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.
22 hedge funds and large institutions have $15M invested in Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
16% more funds holding
Funds holding: 19 → 22 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
16% less capital invested
Capital invested by funds: $17.8M → $15M (-$2.79M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$166K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$46.8K |
| 3 |
CS
Clear Street
New York
|
+$21.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$12.9K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$3.48M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$1.41M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.24M |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$102K |
| 5 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$72.7K |
BITE.U Hedge Fund Activity: Q2 2022 in Review
22 of the 5,937 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 Q2 2022, worth a combined $15M — down 16% from $17.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BITE.U positions and 2 closed out — a net gain of 3 holders — while 4 added to existing stakes and 4 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $166K. The largest seller was Yakira Capital Management, exiting entirely with an estimated $3.48M sold.
- 22 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 Q2 2022, up from 19 in Q1 2022.
- Funds reported $15M of Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant stock for Q2 2022, down 16% quarter-over-quarter.
- 5 funds opened new Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant positions in Q2 2022 and 2 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 Q2 2022 was Virtu Financial, an estimated $166K added.
- The largest Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant seller in Q2 2022 was Yakira Capital Management, an estimated $3.48M sold.
Based on aggregated 13F filings for Q2 2022.