Broad Capital Acquisition Corp Common Stock
BRAC
BRAC was delisted on the 22nd of January, 2025.
7 hedge funds and large institutions have $17.5M invested in Broad Capital Acquisition Corp Common Stock in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.15% less ownership
Funds ownership: 53.13% → 51.97% (-1.2%)
50% less funds holding
Funds holding: 14 → 7 (-7)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
95% less capital inflows, than outflows
Capital inflows: $1.33M | Capital outflows: $28.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cowen and Company
New York
|
+$1.33M |
| 2 |
Tower Research Capital (TRC)
New York
|
+$11 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$7.5M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5.33M |
| 3 |
Wolverine Asset Management
Chicago,
Illinois
|
-$3.55M |
| 4 |
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$2.7M |
| 5 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.58M |
BRAC Hedge Fund Activity: Q1 2024 in Review
7 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Broad Capital Acquisition Corp Common Stock (BRAC) for Q1 2024, worth a combined $17.5M — down 61% from $44.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BRAC and 1 opened new positions — a net loss of 7 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $1.33M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $7.5M sold.
- 7 institutional investors held Broad Capital Acquisition Corp Common Stock (BRAC) as of Q1 2024, down from 14 in Q4 2023.
- Funds reported $17.5M of Broad Capital Acquisition Corp Common Stock stock for Q1 2024, down 61% quarter-over-quarter.
- 1 fund opened new Broad Capital Acquisition Corp Common Stock positions in Q1 2024 and 8 closed out, a net change of -7 holders.
- The largest Broad Capital Acquisition Corp Common Stock buyer in Q1 2024 was Cowen and Company, an estimated $1.33M added.
- The largest Broad Capital Acquisition Corp Common Stock seller in Q1 2024 was Polar Asset Management Partners, an estimated $7.5M sold.
Based on aggregated 13F filings for Q1 2024.