BETTER WORLD ACQUISITION CORP. Common Stock
BWAC
BWAC was delisted on the 10th of July, 2023.
42 hedge funds and large institutions have $90.4M invested in BETTER WORLD ACQUISITION CORP. Common Stock in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 6 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
5% more capital invested
Capital invested by funds: $85.8M → $90.4M (+$4.65M)
5% less funds holding
Funds holding: 44 → 42 (-2)
13% less call options, than puts
Call options by funds: $4.08M | Put options by funds: $4.67M
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.85M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$1.36M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.24M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.02M |
| 5 |
MSU
Mizuho Securities USA
New York
|
+$993K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$1.11M |
| 2 |
CAC
Cowen and Company
New York
|
-$999K |
| 3 |
KJHP
K.J. Harrison & Partners
Toronto,
Ontario, Canada
|
-$693K |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$352K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$307K |
BWAC Hedge Fund Activity: Q3 2021 in Review
42 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in BETTER WORLD ACQUISITION CORP. Common Stock (BWAC) for Q3 2021, worth a combined $90.4M — up 5.4% from $85.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BWAC and 4 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.85M. The largest seller was Castle Creek Arbitrage, cutting an estimated $1.11M.
- 42 institutional investors held BETTER WORLD ACQUISITION CORP. Common Stock (BWAC) as of Q3 2021, down from 44 in Q2 2021.
- Funds reported $90.4M of BETTER WORLD ACQUISITION CORP. Common Stock stock for Q3 2021, up 5.4% quarter-over-quarter.
- 4 funds opened new BETTER WORLD ACQUISITION CORP. Common Stock positions in Q3 2021 and 6 closed out, a net change of -2 holders.
- The largest BETTER WORLD ACQUISITION CORP. Common Stock buyer in Q3 2021 was Karpus Investment Management, an estimated $1.85M added.
- The largest BETTER WORLD ACQUISITION CORP. Common Stock seller in Q3 2021 was Castle Creek Arbitrage, an estimated $1.11M sold.
Based on aggregated 13F filings for Q3 2021.