Broad Capital Acquisition Corp Rights
BRACR
BRACR was delisted on the 22nd of January, 2025.
22 hedge funds and large institutions have $1.39M invested in Broad Capital Acquisition Corp Rights in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
35% more capital invested
Capital invested by funds: $1.03M → $1.39M (+$357K)
4% less funds holding
Funds holding: 23 → 22 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$133K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.11K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.14K |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$18 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$189K |
| 2 |
RA
RiverPark Advisors
New York
|
-$13.1K |
| 3 |
CM
Cohanzick Management
Pleasantville,
New York
|
-$12K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$9.02K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.93K |
BRACR Hedge Fund Activity: Q3 2023 in Review
22 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Broad Capital Acquisition Corp Rights (BRACR) for Q3 2023, worth a combined $1.39M — up 35% from $1.03M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BRACR and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Cowen and Company, adding an estimated $133K. The largest seller was Mangrove Partners, exiting entirely with an estimated $189K sold.
- 22 institutional investors held Broad Capital Acquisition Corp Rights (BRACR) as of Q3 2023, down from 23 in Q2 2023.
- Funds reported $1.39M of Broad Capital Acquisition Corp Rights stock for Q3 2023, up 35% quarter-over-quarter.
- 2 funds opened new Broad Capital Acquisition Corp Rights positions in Q3 2023 and 3 closed out, a net change of -1 holder.
- The largest Broad Capital Acquisition Corp Rights buyer in Q3 2023 was Cowen and Company, an estimated $133K added.
- The largest Broad Capital Acquisition Corp Rights seller in Q3 2023 was Mangrove Partners, an estimated $189K sold.
Based on aggregated 13F filings for Q3 2023.