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.
16 hedge funds and large institutions have $7.75M invested in Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 8 closing their positions.
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
27% less funds holding
Funds holding: 22 → 16 (-6)
57% less capital invested
Capital invested by funds: $18M → $7.75M (-$10.2M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$380K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$103K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$97.6K |
| 4 |
Jane Street
New York
|
+$72.9K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$12.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hartree Partners
New York
|
-$6.1M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.91M |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$500K |
| 4 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$492K |
| 5 |
E
Ergoteles
New York
|
-$228K |
BITE.U Hedge Fund Activity: Q3 2022 in Review
16 of the 5,828 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 2022, worth a combined $7.75M — down 57% from $18M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BITE.U and 2 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $380K. The largest seller was Hartree Partners, exiting entirely with an estimated $6.1M sold.
- 16 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 2022, down from 22 in Q2 2022.
- Funds reported $7.75M of Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant stock for Q3 2022, down 57% quarter-over-quarter.
- 2 funds opened new Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant positions in Q3 2022 and 8 closed out, a net change of -6 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 2022 was Cubist Systematic Strategies, an estimated $380K 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 2022 was Hartree Partners, an estimated $6.1M sold.
Based on aggregated 13F filings for Q3 2022.