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 |
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.