Black Spade Acquisition Co Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50

BSAQ.WS

BSAQ.WS Hedge Fund Activity: Q1 2022 in Review

24 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Black Spade Acquisition Co Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 (BSAQ.WS) for Q1 2022, worth a combined $9.64M — down 7.9% from $10.5M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new BSAQ.WS positions and 3 closed out — a net gain of 5 holders — while 3 added to existing stakes and 1 trimmed.

The largest buyer was Periscope Capital, opening a new position worth an estimated $152K. The largest seller was Mangrove Partners, exiting entirely with an estimated $969K sold.

• 24 institutional investors held Black Spade Acquisition Co Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 (BSAQ.WS) as of Q1 2022, up from 19 in Q4 2021.
• Funds reported $9.64M of Black Spade Acquisition Co Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 stock for Q1 2022, down 7.9% quarter-over-quarter.
• 8 funds opened new Black Spade Acquisition Co Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 positions in Q1 2022 and 3 closed out, a net change of +5 holders.
• The largest Black Spade Acquisition Co Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 buyer in Q1 2022 was Periscope Capital, an estimated $152K added.
• The largest Black Spade Acquisition Co Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 seller in Q1 2022 was Mangrove Partners, an estimated $969K sold.

Based on aggregated 13F filings for Q1 2022.