Black Spade Acquisition Co
BSAQ
BSAQ was delisted on the 14th of August, 2023.
42 hedge funds and large institutions have $96.2M invested in Black Spade Acquisition Co in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $84.8M → $96.2M (+$11.4M)
2% more funds holding
Funds holding: 41 → 42 (+1)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
+$7.35M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$4.69M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$4M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$3.58M |
| 5 |
HCM
Highbridge Capital Management
New York
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$6.69M |
| 2 |
Citigroup
New York
|
-$2.54M |
| 3 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$1.94M |
| 4 |
AC
Antara Capital
New York
|
-$1.45M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.44M |
BSAQ Hedge Fund Activity: Q3 2022 in Review
42 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Black Spade Acquisition Co (BSAQ) for Q3 2022, worth a combined $96.2M — up 13% from $84.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BSAQ positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Cantor Fitzgerald, adding an estimated $7.35M. The largest seller was TFG Asset Management, exiting entirely with an estimated $6.69M sold.
- 42 institutional investors held Black Spade Acquisition Co (BSAQ) as of Q3 2022, up from 41 in Q2 2022.
- Funds reported $96.2M of Black Spade Acquisition Co stock for Q3 2022, up 13% quarter-over-quarter.
- 7 funds opened new Black Spade Acquisition Co positions in Q3 2022 and 6 closed out, a net change of +1 holder.
- The largest Black Spade Acquisition Co buyer in Q3 2022 was Cantor Fitzgerald, an estimated $7.35M added.
- The largest Black Spade Acquisition Co seller in Q3 2022 was TFG Asset Management, an estimated $6.69M sold.
Based on aggregated 13F filings for Q3 2022.