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.
4 hedge funds and large institutions have $1.05M invested in Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
75% less funds holding
Funds holding: 16 → 4 (-12)
86% less capital invested
Capital invested by funds: $7.75M → $1.05M (-$6.7M)
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$202K |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
-$1.48M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$1.45M |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$1.31M |
| 4 |
MFM
MHR Fund Management
New York
|
-$984K |
| 5 |
Jane Street
New York
|
-$506K |
BITE.U Hedge Fund Activity: Q4 2022 in Review
4 of the 6,237 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 2022, worth a combined $1.05M — down 86% from $7.75M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BITE.U and 1 opened new positions — a net loss of 12 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $202K. The largest seller was Cowen Investment Management, exiting entirely with an estimated $1.48M sold.
- 4 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 2022, down from 16 in Q3 2022.
- Funds reported $1.05M of Bite Acquisition Corp. Units, each consisting of one share of common stock, and one-half of one redeemable warrant stock for Q4 2022, down 86% 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 Q4 2022 and 13 closed out, a net change of -12 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 2022 was Clear Street, an estimated $202K 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 2022 was Cowen Investment Management, an estimated $1.48M sold.
Based on aggregated 13F filings for Q4 2022.