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BSAQ

Black Spade Acquisition Co

Delisted

BSAQ was delisted on the 14th of August, 2023.

40 hedge funds and large institutions have $108M invested in Black Spade Acquisition Co in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

40% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 5

12% more capital invested

Capital invested by funds: $96.2M → $108M (+$11.8M)

5% less funds holding

Funds holding: 4240 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
40
Holders Change
-2
Holders Change %
-4.76%
% of All Funds
0.64%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
5
Increased
7
Reduced
5
Closed
7
Calls
$264K
Puts
Net Calls
+$264K
Net Calls Change
+$5K
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
26
Radcliffe Capital Management
Pennsylvania
$876K
GCL
27
Glazer Capital LLC
New York
$850K +$493K +49,648 +141%
KIM
28
Karpus Investment Management
New York
$845K -$5.71K -575 -0.7%
GCM
29
Ghisallo Capital Management
Massachusetts
$502K -$608K -61,266 -55%
Bank of America
30
Bank of America
North Carolina
$501K
AGC
31
Angelo Gordon & Co
New York
$370K
SSA
32
Schonfeld Strategic Advisors
New York
$329K
Walleye Capital
33
Walleye Capital
New York
$296K
WC
34
Wealthspring Capital
New York
$250K +$248K +24,988 New
Hudson Bay Capital Management
35
Hudson Bay Capital Management
Connecticut
$250K +$248K +25,000 New
CC
36
Centiva Capital
New York
$243K
Walleye Trading
37
Walleye Trading
New York
$180K
VF
38
Virtu Financial
New York
$158K +$157K +15,833 New
CCM
39
Condor Capital Management
New Jersey
$102K +$71.2K +7,170 +239%
EC
40
Elequin Capital
New York
$500 -$1.99K -200 -80%
HCM
41
Highbridge Capital Management
New York
-$3.27M -333,719 Closed
MP
42
Mangrove Partners
Connecticut
-$1.96M -200,000 Closed
PI
43
PEAK6 Investments
Illinois
-$979K -100,000 Closed
HF
44
HRT Financial
New York
-$346K -35,373 Closed
JP Morgan Chase
45
JP Morgan Chase
New York
-$245K -25,000 Closed
AA
46
Ancora Advisors
Ohio
-$108K -11,000 Closed
UBS Group
47
UBS Group
Switzerland
-$2K -200 Closed

BSAQ Hedge Fund Activity: Q4 2022 in Review

40 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Black Spade Acquisition Co (BSAQ) for Q4 2022, worth a combined $108M — up 12% from $96.2M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of BSAQ and 5 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 7 added.

The largest buyer was Nine Masts Capital, opening a new position worth an estimated $4.9M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $3.27M sold.

  • 40 institutional investors held Black Spade Acquisition Co (BSAQ) as of Q4 2022, down from 42 in Q3 2022.
  • Funds reported $108M of Black Spade Acquisition Co stock for Q4 2022, up 12% quarter-over-quarter.
  • 5 funds opened new Black Spade Acquisition Co positions in Q4 2022 and 7 closed out, a net change of -2 holders.
  • The largest Black Spade Acquisition Co buyer in Q4 2022 was Nine Masts Capital, an estimated $4.9M added.
  • The largest Black Spade Acquisition Co seller in Q4 2022 was Highbridge Capital Management, an estimated $3.27M sold.

Based on aggregated 13F filings for Q4 2022.