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BSAQ

Black Spade Acquisition Co

Delisted

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

44 hedge funds and large institutions have $120M invested in Black Spade Acquisition Co in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

11% more capital invested

Capital invested by funds: $108M → $120M (+$12.4M)

10% more funds holding

Funds holding: 4044 (+4)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 10

Holders
44
Holders Change
+4
Holders Change %
+10%
% of All Funds
0.7%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
9
Increased
10
Reduced
10
Closed
4
Calls
$271K
Puts
Net Calls
+$271K
Net Calls Change
+$7K
Name Holding Trade Value Shares
Change
Change in
Stake
RL
26
RPO LLC
Connecticut
$1.06M +$1.05M +103,400 New
JP Morgan Chase
27
JP Morgan Chase
New York
$1.03M +$1.01M +100,000 New
MSU
28
Mizuho Securities USA
New York
$1.01M +$40.6K +4,000 +4%
SCM
29
Shaolin Capital Management
Florida
$972K +$959K +94,606 New
KIM
30
Karpus Investment Management
New York
$927K +$59.3K +5,850 +7%
Bank of America
31
Bank of America
North Carolina
$677K +$162K +15,942 +32%
AGC
32
Angelo Gordon & Co
New York
$380K
Walleye Capital
33
Walleye Capital
New York
$279K -$25.3K -2,495 -8%
Hudson Bay Capital Management
34
Hudson Bay Capital Management
Connecticut
$257K
WC
35
Wealthspring Capital
New York
$255K -$1.4K -138 -0.6%
CC
36
Centiva Capital
New York
$249K
WCMNY
37
Westchester Capital Management (New York)
New York
$237K +$234K +23,101 New
SSA
38
Schonfeld Strategic Advisors
New York
$205K -$129K -12,764 -39%
WAM
39
Wolverine Asset Management
Illinois
$196K +$194K +19,086 New
Walleye Trading
40
Walleye Trading
New York
$185K
SG
41
StoneX Group
New York
$137K +$135K +13,320 New
CCM
42
Condor Capital Management
New Jersey
$104K
CS
43
Clear Street
New York
$8.4K +$8.29K +818 New
EC
44
Elequin Capital
New York
$514
TCA
45
Taconic Capital Advisors
New York
-$4.3M -430,000 Closed
SC
46
Sculptor Capital
New York
-$3.23M -322,838 Closed
GCM
47
Ghisallo Capital Management
Massachusetts
-$502K -49,938 Closed
VF
48
Virtu Financial
New York
-$158K -15,833 Closed

BSAQ Hedge Fund Activity: Q1 2023 in Review

44 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Black Spade Acquisition Co (BSAQ) for Q1 2023, worth a combined $120M — up 11% from $108M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new BSAQ positions and 4 closed out — a net gain of 5 holders — while 10 added to existing stakes and 10 trimmed.

The largest buyer was First Trust Capital Management, adding an estimated $6.3M. The largest seller was Millennium Management, cutting an estimated $5.41M.

  • 44 institutional investors held Black Spade Acquisition Co (BSAQ) as of Q1 2023, up from 40 in Q4 2022.
  • Funds reported $120M of Black Spade Acquisition Co stock for Q1 2023, up 11% quarter-over-quarter.
  • 9 funds opened new Black Spade Acquisition Co positions in Q1 2023 and 4 closed out, a net change of +5 holders.
  • The largest Black Spade Acquisition Co buyer in Q1 2023 was First Trust Capital Management, an estimated $6.3M added.
  • The largest Black Spade Acquisition Co seller in Q1 2023 was Millennium Management, an estimated $5.41M sold.

Based on aggregated 13F filings for Q1 2023.