Broad Capital Acquisition Corp Rights
BRACR
BRACR was delisted on the 22nd of January, 2025.
22 hedge funds and large institutions have $1.2M invested in Broad Capital Acquisition Corp Rights in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
40% more capital invested
Capital invested by funds: $859K → $1.2M (+$344K)
16% more funds holding
Funds holding: 19 → 22 (+3)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$78K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$54.6K |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$14K |
| 4 |
Millennium Management
New York
|
+$4.68K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$1.85K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
-$29.2K |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$6.51K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$512 |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$177 |
BRACR Hedge Fund Activity: Q1 2023 in Review
22 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Broad Capital Acquisition Corp Rights (BRACR) for Q1 2023, worth a combined $1.2M — up 40% from $859K a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BRACR positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Yakira Capital Management, opening a new position worth an estimated $78K. The largest seller was Clear Street, cutting an estimated $29.2K.
- 22 institutional investors held Broad Capital Acquisition Corp Rights (BRACR) as of Q1 2023, up from 19 in Q4 2022.
- Funds reported $1.2M of Broad Capital Acquisition Corp Rights stock for Q1 2023, up 40% quarter-over-quarter.
- 4 funds opened new Broad Capital Acquisition Corp Rights positions in Q1 2023 and 1 closed out, a net change of +3 holders.
- The largest Broad Capital Acquisition Corp Rights buyer in Q1 2023 was Yakira Capital Management, an estimated $78K added.
- The largest Broad Capital Acquisition Corp Rights seller in Q1 2023 was Clear Street, an estimated $29.2K sold.
Based on aggregated 13F filings for Q1 2023.