Bluescape Opportunities Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant
BOAC.U
BOAC.U was delisted on the 30th of October, 2023.
27 hedge funds and large institutions have $166M invested in Bluescape Opportunities Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 29 closing their positions.
48% less funds holding
Funds holding: 52 → 27 (-25)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
63% less capital invested
Capital invested by funds: $453M → $166M (-$286M)
86% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 29
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$401K |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$357K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$202K |
| 4 |
Goldman Sachs
New York
|
+$147K |
| 5 |
Morgan Stanley
New York
|
+$5.24K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$67.5M |
| 2 |
BC
Brahman Capital
New York
|
-$50.8M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$43.3M |
| 4 |
Millennium Management
New York
|
-$26.8M |
| 5 |
TP
Third Point
New York
|
-$22.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WC
51
Wealthspring Capital
West Harrison,
New York
| – | -$218K | -19,560 | Closed |
|
52
Walleye Capital
New York
| – | -$195 | -17,460 | Closed |
|
|
CAC
53
Cowen and Company
New York
| – | -$167K | -15,000 | Closed |
|
54
Walleye Trading
New York
| – | -$130K | -11,640 | Closed |
|
|
EAM
55
Exos Asset Management
New York
| – | -$11K | -1,000 | Closed |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5K | -465 | Closed |
|
BOAC.U Hedge Fund Activity: Q1 2021 in Review
27 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Bluescape Opportunities Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant (BOAC.U) for Q1 2021, worth a combined $166M — down 63% from $453M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of BOAC.U and 4 opened new positions — a net loss of 25 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was P. Schoenfeld Asset Management (PSAM), adding an estimated $401K. The largest seller was Nomura Holdings, exiting entirely with an estimated $67.5M sold.
- 27 institutional investors held Bluescape Opportunities Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant (BOAC.U) as of Q1 2021, down from 52 in Q4 2020.
- Funds reported $166M of Bluescape Opportunities Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant stock for Q1 2021, down 63% quarter-over-quarter.
- 4 funds opened new Bluescape Opportunities Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant positions in Q1 2021 and 29 closed out, a net change of -25 holders.
- The largest Bluescape Opportunities Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant buyer in Q1 2021 was P. Schoenfeld Asset Management (PSAM), an estimated $401K added.
- The largest Bluescape Opportunities Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one redeemable warrant seller in Q1 2021 was Nomura Holdings, an estimated $67.5M sold.
Based on aggregated 13F filings for Q1 2021.