Belong Acquisition Corp. Class A Common Stock
BLNG
BLNG was delisted on the 26th of July, 2023.
36 hedge funds and large institutions have $91.4M invested in Belong Acquisition Corp. Class A Common Stock in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 22 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
27% less funds holding
Funds holding: 49 → 36 (-13)
35% less capital invested
Capital invested by funds: $141M → $91.4M (-$49.2M)
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Context Capital Management
Lajolla,
California
|
+$3.49M |
| 2 |
KC
Kepos Capital
New York
|
+$3.49M |
| 3 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$3.49M |
| 4 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$3.01M |
| 5 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$10.7M |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
-$7.25M |
| 3 |
ACM
Atalaya Capital Management
New York
|
-$7.04M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$6.15M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$5.92M |
BLNG Hedge Fund Activity: Q4 2022 in Review
36 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Belong Acquisition Corp. Class A Common Stock (BLNG) for Q4 2022, worth a combined $91.4M — down 35% from $141M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of BLNG and 10 opened new positions — a net loss of 12 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Context Capital Management, opening a new position worth an estimated $3.49M. The largest seller was Aristeia Capital, exiting entirely with an estimated $10.7M sold.
- 36 institutional investors held Belong Acquisition Corp. Class A Common Stock (BLNG) as of Q4 2022, down from 49 in Q3 2022.
- Funds reported $91.4M of Belong Acquisition Corp. Class A Common Stock stock for Q4 2022, down 35% quarter-over-quarter.
- 10 funds opened new Belong Acquisition Corp. Class A Common Stock positions in Q4 2022 and 22 closed out, a net change of -12 holders.
- The largest Belong Acquisition Corp. Class A Common Stock buyer in Q4 2022 was Context Capital Management, an estimated $3.49M added.
- The largest Belong Acquisition Corp. Class A Common Stock seller in Q4 2022 was Aristeia Capital, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2022.