Belong Acquisition Corp. Units
BLNGU
BLNGU was delisted on the 25th of July, 2023.
3 hedge funds and large institutions have $3.08M invested in Belong Acquisition Corp. Units in 2022 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 9 closing their positions.
46% less capital invested
Capital invested by funds: $5.71M → $3.08M (-$2.63M)
75% less funds holding
Funds holding: 12 → 3 (-9)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 9
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$645K |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$586K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$551K |
| 4 |
Walleye Capital
New York
|
-$548K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$186K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCL
1
Bracebridge Capital LLC
Boston,
Massachusetts
| $3.08M | – | – | – |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
|
LCM
3
Landscape Capital Management
Englewood,
New Jersey
| – | -$645K | -65,329 | Closed |
|
|
WC
4
Wealthspring Capital
West Harrison,
New York
| – | -$586K | -59,504 | Closed |
|
|
SIA
5
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$551K | -55,904 | Closed |
|
|
6
Walleye Capital
New York
| – | -$548K | -55,486 | Closed |
|
|
CSS
7
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$186K | -18,823 | Closed |
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$142K | -14,420 | Closed |
|
|
WAM
9
Wolverine Asset Management
Chicago,
Illinois
| – | -$33K | -3,386 | Closed |
|
10
UBS Group
Zurich,
Switzerland
| – | -$31K | -3,172 | Closed |
|
|
GCL
11
Glazer Capital LLC
New York
| – | -$18K | -1,781 | Closed |
|
|
CS
12
Clear Street
New York
| – | -$10.4K | -1,046 | -98% |
|
BLNGU Hedge Fund Activity: Q4 2022 in Review
3 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Belong Acquisition Corp. Units (BLNGU) for Q4 2022, worth a combined $3.08M — down 46% from $5.71M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BLNGU and 0 opened new positions — a net loss of 9 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Landscape Capital Management, exiting entirely with an estimated $645K sold.
- 3 institutional investors held Belong Acquisition Corp. Units (BLNGU) as of Q4 2022, down from 12 in Q3 2022.
- Funds reported $3.08M of Belong Acquisition Corp. Units stock for Q4 2022, down 46% quarter-over-quarter.
- 0 funds opened new Belong Acquisition Corp. Units positions in Q4 2022 and 9 closed out, a net change of -9 holders.
- The largest Belong Acquisition Corp. Units seller in Q4 2022 was Landscape Capital Management, an estimated $645K sold.
Based on aggregated 13F filings for Q4 2022.