Blue Ocean Acquisition Corp Class A Ordinary Shares
BOCN
BOCN was delisted on the 5th of December, 2024.
43 hedge funds and large institutions have $163M invested in Blue Ocean Acquisition Corp Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 8 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
10% more capital invested
Capital invested by funds: $148M → $163M (+$15.1M)
0% more funds holding
Funds holding: 43 → 43 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$9.65M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$7.17M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$5.34M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$4.7M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$14.1M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$6.17M |
| 3 |
Millennium Management
New York
|
-$4.43M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$1.93M |
BOCN Hedge Fund Activity: Q1 2023 in Review
43 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Blue Ocean Acquisition Corp Class A Ordinary Shares (BOCN) for Q1 2023, worth a combined $163M — up 10% from $148M a quarter earlier.
Fund positioning in BOCN was balanced in Q1 2023: 8 funds opened new positions, 8 closed out, 9 added to existing stakes and 3 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $9.65M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $14.1M sold.
- 43 institutional investors held Blue Ocean Acquisition Corp Class A Ordinary Shares (BOCN) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $163M of Blue Ocean Acquisition Corp Class A Ordinary Shares stock for Q1 2023, up 10% quarter-over-quarter.
- 8 funds opened new Blue Ocean Acquisition Corp Class A Ordinary Shares positions in Q1 2023 and 8 closed out, a net change of 0 holders.
- The largest Blue Ocean Acquisition Corp Class A Ordinary Shares buyer in Q1 2023 was Westchester Capital Management (New York), an estimated $9.65M added.
- The largest Blue Ocean Acquisition Corp Class A Ordinary Shares seller in Q1 2023 was Highbridge Capital Management, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2023.