Bullpen Parlay Acquisition Company Unit
BPACU
BPACU was delisted on the 5th of June, 2023.
28 hedge funds and large institutions have $47.6M invested in Bullpen Parlay Acquisition Company Unit in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 56 closing their positions.
65% less funds holding
Funds holding: 80 → 28 (-52)
79% less capital invested
Capital invested by funds: $226M → $47.6M (-$178M)
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
93% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$185K |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$163K |
| 3 |
CS
Clear Street
New York
|
+$57K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$45K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$40 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$18M |
| 2 |
SCM
Saba Capital Management
New York
|
-$15.8M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$9.13M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$8.5M |
| 5 |
SC
Sculptor Capital
New York
|
-$8M |
BPACU Hedge Fund Activity: Q1 2022 in Review
28 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Bullpen Parlay Acquisition Company Unit (BPACU) for Q1 2022, worth a combined $47.6M — down 79% from $226M a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of BPACU and 4 opened new positions — a net loss of 52 holders — while 10 trimmed existing stakes and 2 added.
The largest buyer was State Street, opening a new position worth an estimated $185K. The largest seller was Adage Capital Partners, exiting entirely with an estimated $18M sold.
- 28 institutional investors held Bullpen Parlay Acquisition Company Unit (BPACU) as of Q1 2022, down from 80 in Q4 2021.
- Funds reported $47.6M of Bullpen Parlay Acquisition Company Unit stock for Q1 2022, down 79% quarter-over-quarter.
- 4 funds opened new Bullpen Parlay Acquisition Company Unit positions in Q1 2022 and 56 closed out, a net change of -52 holders.
- The largest Bullpen Parlay Acquisition Company Unit buyer in Q1 2022 was State Street, an estimated $185K added.
- The largest Bullpen Parlay Acquisition Company Unit seller in Q1 2022 was Adage Capital Partners, an estimated $18M sold.
Based on aggregated 13F filings for Q1 2022.