Broad Capital Acquisition Corp Unit
BRACU
BRACU was delisted on the 22nd of January, 2025.
8 hedge funds and large institutions have $9.63M invested in Broad Capital Acquisition Corp Unit in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 4 closing their positions.
11% less funds holding
Funds holding: 9 → 8 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
26% less capital invested
Capital invested by funds: $13M → $9.63M (-$3.32M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$443K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$110K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$3.27M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$847K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$109K |
| 4 |
CS
Clear Street
New York
|
-$23.7K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$20K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
YCM
1
Yakira Capital Management
Westport,
Connecticut
| $5.11M | – | – | – |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $3.58M | – | – | – |
|
|
SFM
3
Spartan Fund Management
Toronto, Ontario,
Canada
| $448K | +$443K | +43,840 | New |
|
|
TAM
4
Terrapin Asset Management
Miami,
Florida
| $256K | +$253K | +25,000 | New |
|
|
SIA
5
Schechter Investment Advisors
Birmingham,
Michigan
| $122K | -$10.1K | -1,000 | -8% |
|
|
FTUS
6
Flow Traders U.S.
New York
| $112K | +$110K | +10,919 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $5.62K | +$1.01K | +100 | +22% |
|
|
CS
8
Clear Street
New York
| $2K | -$23.7K | -2,346 | -91% |
|
|
HIM
9
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$3.27M | -325,000 | Closed |
|
|
WC
10
Wealthspring Capital
West Harrison,
New York
| – | -$847K | -84,860 | Closed |
|
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$109K | -10,911 | Closed |
|
|
CCM
12
Condor Capital Management
Martinsville,
New Jersey
| – | -$20K | -2,000 | Closed |
|
BRACU Hedge Fund Activity: Q4 2022 in Review
8 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Broad Capital Acquisition Corp Unit (BRACU) for Q4 2022, worth a combined $9.63M — down 26% from $13M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BRACU and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Spartan Fund Management, opening a new position worth an estimated $443K. The largest seller was HGC Investment Management, exiting entirely with an estimated $3.27M sold.
- 8 institutional investors held Broad Capital Acquisition Corp Unit (BRACU) as of Q4 2022, down from 9 in Q3 2022.
- Funds reported $9.63M of Broad Capital Acquisition Corp Unit stock for Q4 2022, down 26% quarter-over-quarter.
- 3 funds opened new Broad Capital Acquisition Corp Unit positions in Q4 2022 and 4 closed out, a net change of -1 holder.
- The largest Broad Capital Acquisition Corp Unit buyer in Q4 2022 was Spartan Fund Management, an estimated $443K added.
- The largest Broad Capital Acquisition Corp Unit seller in Q4 2022 was HGC Investment Management, an estimated $3.27M sold.
Based on aggregated 13F filings for Q4 2022.