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BRACR

Broad Capital Acquisition Corp Rights
BRACR

Delisted

BRACR was delisted on the 22nd of January, 2025.

19 hedge funds and large institutions have $1.38M invested in Broad Capital Acquisition Corp Rights in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more capital invested

Capital invested by funds: $835K → $1.38M (+$547K)

5% less funds holding

Funds holding: 2019 (-1)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

80% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 5

Holders
19
Holders Change
-1
Holders Change %
-5%
% of All Funds
0.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
1
Reduced
5
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CAC
1
Cowen and Company
New York
$174K -$12.2K -65,281 -7%
SCM
2
Saba Capital Management
New York
$168K
MI
3
MMCAP International
Cayman Islands
$143K
ASM
4
ATW SPAC Management
New York
$140K
BFM
5
Boothbay Fund Management
New York
$137K
PAMP
6
Polar Asset Management Partners
Ontario, Canada
$105K
SCM
7
Shaolin Capital Management
Florida
$95.5K
YCM
8
Yakira Capital Management
Connecticut
$91.7K -$2.65K -14,200 -3%
RCM
9
Rivernorth Capital Management
Florida
$66.8K
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$64.4K
FLC
11
Fifth Lane Capital
Texas
$63.1K -$1.87K -10,000 -3%
JP Morgan Chase
12
JP Morgan Chase
New York
$56.2K -$3.68K -19,725 -6%
AA
13
AQR Arbitrage
Connecticut
$43.6K
CH
14
CVI Holdings
Delaware
$18.4K
Citadel Advisors
15
Citadel Advisors
Florida
$6.53K +$6.62K +35,478 New
Millennium Management
16
Millennium Management
New York
$5.73K
SSA
17
Schonfeld Strategic Advisors
New York
$3.42K -$560 -3,000 -16%
SFM
18
Spartan Fund Management
Canada
-$5.38K -45,831 Closed
FTUS
19
Flow Traders U.S.
New York
-$2K -15,389 Closed
UBS Group
20
UBS Group
Switzerland
-$245 -2,091 Closed
CS
21
Clear Street
New York
+$149 +800 +2%
CSD
22
Clear Street Derivatives
New York
+$33.8K +181,220 New

BRACR Hedge Fund Activity: Q1 2024 in Review

19 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Broad Capital Acquisition Corp Rights (BRACR) for Q1 2024, worth a combined $1.38M — up 66% from $835K a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of BRACR and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 1 added.

The largest buyer was Citadel Advisors, opening a new position worth an estimated $6.62K. The largest seller was Cowen and Company, cutting an estimated $12.2K.

  • 19 institutional investors held Broad Capital Acquisition Corp Rights (BRACR) as of Q1 2024, down from 20 in Q4 2023.
  • Funds reported $1.38M of Broad Capital Acquisition Corp Rights stock for Q1 2024, up 66% quarter-over-quarter.
  • 2 funds opened new Broad Capital Acquisition Corp Rights positions in Q1 2024 and 3 closed out, a net change of -1 holder.
  • The largest Broad Capital Acquisition Corp Rights buyer in Q1 2024 was Citadel Advisors, an estimated $6.62K added.
  • The largest Broad Capital Acquisition Corp Rights seller in Q1 2024 was Cowen and Company, an estimated $12.2K sold.

Based on aggregated 13F filings for Q1 2024.