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BLNGU

Belong Acquisition Corp. Units

Delisted

BLNGU was delisted on the 25th of July, 2023.

17 hedge funds and large institutions have $30M invested in Belong Acquisition Corp. Units in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 1

32% less funds holding

Funds holding: 2517 (-8)

62% less capital invested

Capital invested by funds: $77.9M → $30M (-$47.9M)

62% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 13

Holders
17
Holders Change
-8
Holders Change %
-32%
% of All Funds
0.26%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
3
Reduced
1
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AC
1
Aristeia Capital
Connecticut
$10.9M
Calamos Advisors
2
Calamos Advisors
Illinois
$5.97M
MF
3
Magnetar Financial
Illinois
$4.17M -$64.7K -6,500 -2%
BCL
4
Bracebridge Capital LLC
Massachusetts
$2.99M
Millennium Management
5
Millennium Management
New York
$1.67M
VF
6
Virtu Financial
New York
$699K +$698K +70,082 New
SMA
7
Sage Mountain Advisors
Georgia
$652K
LCM
8
Landscape Capital Management
New Jersey
$645K
AA
9
Ancora Advisors
Ohio
$607K
Walleye Capital
10
Walleye Capital
New York
$507K +$236K +23,693 +87%
WC
11
Wealthspring Capital
New York
$505K
SIA
12
Schechter Investment Advisors
Michigan
$469K +$470K +47,200 New
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$107K +$107K +10,775 New
RA
14
Ramius Advisors
New York
$100K +$99.6K +10,000 New
UBS Group
15
UBS Group
Switzerland
$23K +$2.99K +300 +15%
TRCT
16
Tower Research Capital (TRC)
New York
$7K +$1.24K +124 +21%
WAM
17
Wolverine Asset Management
Illinois
$2K +$2.76K +277 New
RCM
18
Radcliffe Capital Management
Pennsylvania
-$12.6M -1,268,000 Closed
LP
19
LMR Partners
United Kingdom
-$10.7M -1,077,183 Closed
ACM
20
Atalaya Capital Management
New York
-$10.5M -1,056,000 Closed
Verition Fund Management
21
Verition Fund Management
Connecticut
-$3.09M -309,250 Closed
PC
22
Periscope Capital
Ontario, Canada
-$3.02M -303,957 Closed
AA
23
AQR Arbitrage
Connecticut
-$2.99M -300,000 Closed
KC
24
Kepos Capital
New York
-$2.1M -210,800 Closed
MP
25
Mangrove Partners
Connecticut
-$1.99M -200,000 Closed

BLNGU Hedge Fund Activity: Q4 2021 in Review

17 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Belong Acquisition Corp. Units (BLNGU) for Q4 2021, worth a combined $30M — down 62% from $77.9M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of BLNGU and 5 opened new positions — a net loss of 8 holders — while 1 trimmed existing stakes and 3 added.

The largest buyer was Virtu Financial, opening a new position worth an estimated $698K. The largest seller was Radcliffe Capital Management, exiting entirely with an estimated $12.6M sold.

  • 17 institutional investors held Belong Acquisition Corp. Units (BLNGU) as of Q4 2021, down from 25 in Q3 2021.
  • Funds reported $30M of Belong Acquisition Corp. Units stock for Q4 2021, down 62% quarter-over-quarter.
  • 5 funds opened new Belong Acquisition Corp. Units positions in Q4 2021 and 13 closed out, a net change of -8 holders.
  • The largest Belong Acquisition Corp. Units buyer in Q4 2021 was Virtu Financial, an estimated $698K added.
  • The largest Belong Acquisition Corp. Units seller in Q4 2021 was Radcliffe Capital Management, an estimated $12.6M sold.

Based on aggregated 13F filings for Q4 2021.