Borealis Foods
BRLS
45 hedge funds and large institutions have $157M invested in Borealis Foods in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 7 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
1.3% more ownership
Funds ownership: 85.52% → 86.82% (+1.3%)
4% more capital invested
Capital invested by funds: $151M → $157M (+$5.94M)
10% less funds holding
Funds holding: 50 → 45 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$2.55M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.55M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.35M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$1.84M |
| 5 |
KL
KIM LLC
Wichita,
Kansas
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.81M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.42M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$1.21M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$661K |
| 5 |
HF
HRT Financial
New York
|
-$497K |
BRLS Hedge Fund Activity: Q4 2022 in Review
45 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in Borealis Foods (BRLS) for Q4 2022, worth a combined $157M — up 3.9% from $151M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BRLS and 2 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $2.55M. The largest seller was Karpus Investment Management, cutting an estimated $5.81M.
- 45 institutional investors held Borealis Foods (BRLS) as of Q4 2022, down from 50 in Q3 2022.
- Funds reported $157M of Borealis Foods stock for Q4 2022, up 3.9% quarter-over-quarter.
- 2 funds opened new Borealis Foods positions in Q4 2022 and 7 closed out, a net change of -5 holders.
- The largest Borealis Foods buyer in Q4 2022 was Castle Creek Arbitrage, an estimated $2.55M added.
- The largest Borealis Foods seller in Q4 2022 was Karpus Investment Management, an estimated $5.81M sold.
Based on aggregated 13F filings for Q4 2022.