BOA Acquisition Corp. Units, each consisting of one share of Class A common stock, and one third of one redeemable warrant
BOAS.U
BOAS.U was delisted on the 26th of October, 2022.
22 hedge funds and large institutions have $20.2M invested in BOA Acquisition Corp. Units, each consisting of one share of Class A common stock, and one third of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 6 closing their positions.
19% less funds holding
Funds holding: 27 → 22 (-5)
24% less capital invested
Capital invested by funds: $26.6M → $20.2M (-$6.35M)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$308K |
| 2 |
E
Ergoteles
New York
|
+$26K |
| 3 |
Walleye Capital
New York
|
+$6.36K |
| 4 |
Walleye Trading
New York
|
+$3.58K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.99K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.76M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$1.33M |
| 3 |
CIM
Cowen Investment Management
New York
|
-$997K |
| 4 |
TAL
TIG Advisors LLC
New York
|
-$579K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$399K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Tudor Investment Corp
Stamford,
Connecticut
| – | -$333K | -33,425 | Closed |
|
|
RA
27
Ramius Advisors
New York
| – | -$279K | -28,000 | Closed |
|
|
RCM
28
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$199K | -20,000 | Closed |
|
BOAS.U Hedge Fund Activity: Q2 2022 in Review
22 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in BOA Acquisition Corp. Units, each consisting of one share of Class A common stock, and one third of one redeemable warrant (BOAS.U) for Q2 2022, worth a combined $20.2M — down 24% from $26.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BOAS.U and 1 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $308K. The largest seller was Longfellow Investment Management, cutting an estimated $1.76M.
- 22 institutional investors held BOA Acquisition Corp. Units, each consisting of one share of Class A common stock, and one third of one redeemable warrant (BOAS.U) as of Q2 2022, down from 27 in Q1 2022.
- Funds reported $20.2M of BOA Acquisition Corp. Units, each consisting of one share of Class A common stock, and one third of one redeemable warrant stock for Q2 2022, down 24% quarter-over-quarter.
- 1 fund opened new BOA Acquisition Corp. Units, each consisting of one share of Class A common stock, and one third of one redeemable warrant positions in Q2 2022 and 6 closed out, a net change of -5 holders.
- The largest BOA Acquisition Corp. Units, each consisting of one share of Class A common stock, and one third of one redeemable warrant buyer in Q2 2022 was Wolverine Asset Management, an estimated $308K added.
- The largest BOA Acquisition Corp. Units, each consisting of one share of Class A common stock, and one third of one redeemable warrant seller in Q2 2022 was Longfellow Investment Management, an estimated $1.76M sold.
Based on aggregated 13F filings for Q2 2022.