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BLNG

Belong Acquisition Corp. Class A Common Stock

Delisted

BLNG was delisted on the 26th of July, 2023.

41 hedge funds and large institutions have $127M invested in Belong Acquisition Corp. Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

40% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 5

11% more capital invested

Capital invested by funds: $114M → $127M (+$12.6M)

8% more funds holding

Funds holding: 3841 (+3)

Holders
41
Holders Change
+3
Holders Change %
+7.89%
% of All Funds
0.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
7
Reduced
5
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAMP
1
Polar Asset Management Partners
Ontario, Canada
$13.3M
Balyasny Asset Management
2
Balyasny Asset Management
Illinois
$12.9M
AC
3
Aristeia Capital
Connecticut
$10.6M +$10.6M +1,088,704 New
LP
4
LMR Partners
United Kingdom
$10.5M
ACM
5
Atalaya Capital Management
New York
$10.3M
SCM
6
Saba Capital Management
New York
$9.09M +$1.95M +199,980 +27%
RCM
7
Radcliffe Capital Management
Pennsylvania
$7.31M
Marshall Wace
8
Marshall Wace
United Kingdom
$6.11M
HCM
9
Highbridge Capital Management
New York
$4.17M +$147K +15,105 +4%
OCAM
10
Owl Creek Asset Management
New York
$3.91M
Verition Fund Management
11
Verition Fund Management
Connecticut
$3.75M +$666K +68,375 +22%
Bank of America
12
Bank of America
North Carolina
$3.52M +$3.31M +340,000 +1,700%
BCM
13
Basso Capital Management
Connecticut
$3.17M
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$3.07M -$2.41M -247,036 -44%
PC
15
Periscope Capital
Ontario, Canada
$2.98M +$11.7K +1,200 +0.4%
CCP
16
Corbin Capital Partners
New York
$2.58M
CFIA
17
Cantor Fitzgerald Investment Advisors
New York
$2.11M
OCM
18
Oaktree Capital Management
California
$1.95M
PCM
19
Prelude Capital Management
New York
$1.95M
WA
20
Whitebox Advisors
Minnesota
$1.71M
Millennium Management
21
Millennium Management
New York
$1.64M +$1.63M +167,500 New
KIM
22
Karpus Investment Management
New York
$1.57M
AA
23
AQR Arbitrage
Connecticut
$1.25M -$39K -4,000 -3%
PCM
24
Pinz Capital Management
New York
$1.08M
WRBC
25
W.R. Berkley Corp
Connecticut
$966K

BLNG Hedge Fund Activity: Q1 2022 in Review

41 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Belong Acquisition Corp. Class A Common Stock (BLNG) for Q1 2022, worth a combined $127M — up 11% from $114M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new BLNG positions and 4 closed out — a net gain of 3 holders — while 7 added to existing stakes and 5 trimmed.

The largest buyer was Aristeia Capital, opening a new position worth an estimated $10.6M. The largest seller was D.E. Shaw & Co, cutting an estimated $2.41M.

  • 41 institutional investors held Belong Acquisition Corp. Class A Common Stock (BLNG) as of Q1 2022, up from 38 in Q4 2021.
  • Funds reported $127M of Belong Acquisition Corp. Class A Common Stock stock for Q1 2022, up 11% quarter-over-quarter.
  • 7 funds opened new Belong Acquisition Corp. Class A Common Stock positions in Q1 2022 and 4 closed out, a net change of +3 holders.
  • The largest Belong Acquisition Corp. Class A Common Stock buyer in Q1 2022 was Aristeia Capital, an estimated $10.6M added.
  • The largest Belong Acquisition Corp. Class A Common Stock seller in Q1 2022 was D.E. Shaw & Co, an estimated $2.41M sold.

Based on aggregated 13F filings for Q1 2022.