Black Spade Acquisition Co
BSAQ
BSAQ was delisted on the 14th of August, 2023.
33 hedge funds and large institutions have $79.9M invested in Black Spade Acquisition Co in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
34% more capital invested
Capital invested by funds: $59.8M → $79.9M (+$20.1M)
18% more funds holding
Funds holding: 28 → 33 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$5.79M |
| 2 |
Millennium Management
New York
|
+$5.15M |
| 3 |
SC
Sculptor Capital
New York
|
+$2.96M |
| 4 |
DACS
Dymon Asia Capital (Singapore)
Singapore
|
+$2.9M |
| 5 |
Citigroup
New York
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$5.04M |
| 2 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$1.43M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$266K |
| 4 |
D.E. Shaw & Co
New York
|
-$210K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$89.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
26
PEAK6 Investments
Chicago,
Illinois
| $969K | – | – | – |
|
27
Bank of America
Charlotte,
North Carolina
| $584K | +$582K | +60,300 | New |
|
|
HF
28
HRT Financial
New York
| $342K | +$7.84K | +812 | +2% |
|
29
Walleye Capital
New York
| $293K | +$143K | +14,857 | +97% |
|
30
Walleye Trading
New York
| $174K | – | – | – |
|
|
AA
31
Ancora Advisors
Cleveland,
Ohio
| $107K | +$106K | +11,000 | New |
|
|
MF
32
Magnetar Financial
Evanston,
Illinois
| $101K | – | – | – |
|
|
CCM
33
Condor Capital Management
Martinsville,
New Jersey
| $29K | +$29K | +3,000 | New |
|
|
RIA
34
RP Investment Advisors
Toronto,
Ontario, Canada
| – | -$5.04M | -520,000 | Closed |
|
|
WAM
35
Wolverine Asset Management
Chicago,
Illinois
| – | -$266K | -27,476 | Closed |
|
|
CS
36
Clear Street
New York
| – | -$31K | -3,229 | Closed |
|
BSAQ Hedge Fund Activity: Q1 2022 in Review
33 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Black Spade Acquisition Co (BSAQ) for Q1 2022, worth a combined $79.9M — up 34% from $59.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BSAQ positions and 3 closed out — a net gain of 5 holders — while 8 added to existing stakes and 3 trimmed.
The largest buyer was Periscope Capital, opening a new position worth an estimated $5.79M. The largest seller was RP Investment Advisors, exiting entirely with an estimated $5.04M sold.
- 33 institutional investors held Black Spade Acquisition Co (BSAQ) as of Q1 2022, up from 28 in Q4 2021.
- Funds reported $79.9M of Black Spade Acquisition Co stock for Q1 2022, up 34% quarter-over-quarter.
- 8 funds opened new Black Spade Acquisition Co positions in Q1 2022 and 3 closed out, a net change of +5 holders.
- The largest Black Spade Acquisition Co buyer in Q1 2022 was Periscope Capital, an estimated $5.79M added.
- The largest Black Spade Acquisition Co seller in Q1 2022 was RP Investment Advisors, an estimated $5.04M sold.
Based on aggregated 13F filings for Q1 2022.