Broad Capital Acquisition Corp Common Stock
BRAC
BRAC was delisted on the 22nd of January, 2025.
17 hedge funds and large institutions have $44.8M invested in Broad Capital Acquisition Corp Common Stock in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 7 closing their positions.
19% less funds holding
Funds holding: 21 → 17 (-4)
23% less capital invested
Capital invested by funds: $58M → $44.8M (-$13.3M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.14M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.01M |
| 3 |
QL
Quarry LP
New York
|
+$640K |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$428K |
| 5 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$5.92M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.38M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$3.44M |
| 4 |
KL
KIM LLC
Wichita,
Kansas
|
-$1.07M |
| 5 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$1M |
BRAC Hedge Fund Activity: Q2 2023 in Review
17 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Broad Capital Acquisition Corp Common Stock (BRAC) for Q2 2023, worth a combined $44.8M — down 23% from $58M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BRAC and 3 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Wolverine Asset Management, adding an estimated $1.14M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $5.92M sold.
- 17 institutional investors held Broad Capital Acquisition Corp Common Stock (BRAC) as of Q2 2023, down from 21 in Q1 2023.
- Funds reported $44.8M of Broad Capital Acquisition Corp Common Stock stock for Q2 2023, down 23% quarter-over-quarter.
- 3 funds opened new Broad Capital Acquisition Corp Common Stock positions in Q2 2023 and 7 closed out, a net change of -4 holders.
- The largest Broad Capital Acquisition Corp Common Stock buyer in Q2 2023 was Wolverine Asset Management, an estimated $1.14M added.
- The largest Broad Capital Acquisition Corp Common Stock seller in Q2 2023 was Oaktree Capital Management, an estimated $5.92M sold.
Based on aggregated 13F filings for Q2 2023.