BlueRiver Acquisition Corp.
BLUA
BLUA was delisted on the 8th of July, 2024.
15 hedge funds and large institutions have $16.8M invested in BlueRiver Acquisition Corp. in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 61 closing their positions.
78% less funds holding
Funds holding: 68 → 15 (-53)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
87% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 61
94% less capital invested
Capital invested by funds: $271M → $16.8M (-$254M)
96.5% less ownership
Funds ownership: 102.11% → 5.61% (-96%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$2.02M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$1.52M |
| 3 |
CAC
Cowen and Company
New York
|
+$965K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$514K |
| 5 |
VF
Virtu Financial
New York
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$28.4M |
| 2 |
Millennium Management
New York
|
-$20.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$20.2M |
| 4 |
SC
Sculptor Capital
New York
|
-$12.8M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$11.9M |
BLUA Hedge Fund Activity: Q1 2023 in Review
15 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BlueRiver Acquisition Corp. (BLUA) for Q1 2023, worth a combined $16.8M — down 94% from $271M a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of BLUA and 8 opened new positions — a net loss of 53 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Sandia Investment Management, opening a new position worth an estimated $2.02M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $28.4M sold.
- 15 institutional investors held BlueRiver Acquisition Corp. (BLUA) as of Q1 2023, down from 68 in Q4 2022.
- Funds reported $16.8M of BlueRiver Acquisition Corp. stock for Q1 2023, down 94% quarter-over-quarter.
- 8 funds opened new BlueRiver Acquisition Corp. positions in Q1 2023 and 61 closed out, a net change of -53 holders.
- The largest BlueRiver Acquisition Corp. buyer in Q1 2023 was Sandia Investment Management, an estimated $2.02M added.
- The largest BlueRiver Acquisition Corp. seller in Q1 2023 was Glazer Capital LLC, an estimated $28.4M sold.
Based on aggregated 13F filings for Q1 2023.