Blue Ocean Acquisition Corp Class A Ordinary Shares
BOCN
BOCN was delisted on the 5th of December, 2024.
24 hedge funds and large institutions have $58.9M invested in Blue Ocean Acquisition Corp Class A Ordinary Shares in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 13 reducing their positions, and 23 closing their positions.
44% less funds holding
Funds holding: 43 → 24 (-19)
69% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 13
69% less capital invested
Capital invested by funds: $193M → $58.9M (-$134M)
83% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$3.35M |
| 2 |
QL
Quarry LP
New York
|
+$3.18M |
| 3 |
CAC
Cowen and Company
New York
|
+$2.7M |
| 4 |
AMC
Atlas Merchant Capital
New York
|
+$1.07M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$13.2M |
| 2 |
AMH
Apollo Management Holdings
New York
|
-$12.9M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$10.3M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$10.1M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$9.35M |
BOCN Hedge Fund Activity: Q3 2023 in Review
24 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Blue Ocean Acquisition Corp Class A Ordinary Shares (BOCN) for Q3 2023, worth a combined $58.9M — down 69% from $193M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BOCN and 4 opened new positions — a net loss of 19 holders — while 13 trimmed existing stakes and 4 added.
The largest buyer was Meteora Capital, adding an estimated $3.35M. The largest seller was Calamos Advisors, exiting entirely with an estimated $13.2M sold.
- 24 institutional investors held Blue Ocean Acquisition Corp Class A Ordinary Shares (BOCN) as of Q3 2023, down from 43 in Q2 2023.
- Funds reported $58.9M of Blue Ocean Acquisition Corp Class A Ordinary Shares stock for Q3 2023, down 69% quarter-over-quarter.
- 4 funds opened new Blue Ocean Acquisition Corp Class A Ordinary Shares positions in Q3 2023 and 23 closed out, a net change of -19 holders.
- The largest Blue Ocean Acquisition Corp Class A Ordinary Shares buyer in Q3 2023 was Meteora Capital, an estimated $3.35M added.
- The largest Blue Ocean Acquisition Corp Class A Ordinary Shares seller in Q3 2023 was Calamos Advisors, an estimated $13.2M sold.
Based on aggregated 13F filings for Q3 2023.