Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
BSAQ.U
BSAQ.U was delisted on the 14th of August, 2023.
2 hedge funds and large institutions have $5.2M invested in Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
59% less capital invested
Capital invested by funds: $12.6M → $5.2M (-$7.37M)
71% less funds holding
Funds holding: 7 → 2 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$16.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$4.12M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.29M |
| 3 |
SVI
Strategic Vision Investment
Hong Kong
|
-$1.04M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$881K |
| 5 |
VF
Virtu Financial
New York
|
-$103K |
BSAQ.U Hedge Fund Activity: Q2 2023 in Review
2 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (BSAQ.U) for Q2 2023, worth a combined $5.2M — down 59% from $12.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BSAQ.U and 0 opened new positions — a net loss of 5 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $16.6K. The largest seller was Bracebridge Capital LLC, exiting entirely with an estimated $4.12M sold.
- 2 institutional investors held Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (BSAQ.U) as of Q2 2023, down from 7 in Q1 2023.
- Funds reported $5.2M of Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q2 2023, down 59% quarter-over-quarter.
- 0 funds opened new Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q2 2023 and 5 closed out, a net change of -5 holders.
- The largest Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q2 2023 was Clear Street, an estimated $16.6K added.
- The largest Black Spade Acquisition Co Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q2 2023 was Bracebridge Capital LLC, an estimated $4.12M sold.
Based on aggregated 13F filings for Q2 2023.