Belong Acquisition Corp. Class A Common Stock
BLNG
BLNG was delisted on the 26th of July, 2023.
38 hedge funds and large institutions have $114M invested in Belong Acquisition Corp. Class A Common Stock in 2021 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 1 closing their positions.
2,100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 1
124% more funds holding
Funds holding: 17 → 38 (+21)
109% more capital invested
Capital invested by funds: $54.5M → $114M (+$59.5M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
+$10.5M |
| 2 |
ACM
Atalaya Capital Management
New York
|
+$10.3M |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$7.28M |
| 4 |
SCM
Saba Capital Management
New York
|
+$5.49M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$1.39M |
| 2 |
Walleye Capital
New York
|
-$232K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$65.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6.83K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Walleye Capital
New York
| $905K | -$232K | -23,803 | -20% |
|
27
Walleye Trading
New York
| $787K | – | – | – |
|
|
CH
28
CVI Holdings
Wilmington,
Delaware
| $486K | +$486K | +50,000 | New |
|
|
MA
29
MYDA Advisors
Woodmere,
New York
| $486K | +$486K | +50,000 | New |
|
|
HHGC
30
Hunting Hill Global Capital
New York
| $226K | +$227K | +23,300 | New |
|
|
SSA
31
Schonfeld Strategic Advisors
New York
| $203K | +$203K | +20,910 | New |
|
32
Bank of America
Charlotte,
North Carolina
| $194K | +$195K | +20,000 | New |
|
|
KKRC
33
Kohlberg Kravis Roberts & Co
New York
| $186K | +$186K | +19,099 | New |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| $80K | -$65.4K | -6,725 | -45% |
|
|
DFCM
35
Dark Forest Capital Management
San Juan,
Puerto Rico
| $54K | +$53.8K | +5,533 | New |
|
|
CM
36
Cohanzick Management
Pleasantville,
New York
| $48.6K | +$48.6K | +5,000 | New |
|
|
37
UBS Group
Zurich,
Switzerland
| $8K | -$6.83K | -702 | -47% |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| $1K | +$973 | +100 | New |
|
|
GCL
39
Glazer Capital LLC
New York
| – | -$1K | -199 | Closed |
|
BLNG Hedge Fund Activity: Q4 2021 in Review
38 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Belong Acquisition Corp. Class A Common Stock (BLNG) for Q4 2021, worth a combined $114M — up 109% from $54.5M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BLNG positions and 1 closed out — a net gain of 21 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was LMR Partners, opening a new position worth an estimated $10.5M. The largest seller was Highbridge Capital Management, cutting an estimated $1.39M.
- 38 institutional investors held Belong Acquisition Corp. Class A Common Stock (BLNG) as of Q4 2021, up from 17 in Q3 2021.
- Funds reported $114M of Belong Acquisition Corp. Class A Common Stock stock for Q4 2021, up 109% quarter-over-quarter.
- 22 funds opened new Belong Acquisition Corp. Class A Common Stock positions in Q4 2021 and 1 closed out, a net change of +21 holders.
- The largest Belong Acquisition Corp. Class A Common Stock buyer in Q4 2021 was LMR Partners, an estimated $10.5M added.
- The largest Belong Acquisition Corp. Class A Common Stock seller in Q4 2021 was Highbridge Capital Management, an estimated $1.39M sold.
Based on aggregated 13F filings for Q4 2021.