BETTER WORLD ACQUISITION CORP. Common Stock
BWAC
BWAC was delisted on the 10th of July, 2023.
15 hedge funds and large institutions have $15.5M invested in BETTER WORLD ACQUISITION CORP. Common Stock in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 2 closing their positions.
6% less funds holding
Funds holding: 16 → 15 (-1)
28% less capital invested
Capital invested by funds: $21.7M → $15.5M (-$6.13M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Crestline Management
Fort Worth,
Texas
|
+$1.08M |
| 2 |
CS
Clear Street
New York
|
+$341K |
| 3 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
+$17.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$6.64M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$761K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$196K |
| 4 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$123K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$42.2K |
BWAC Hedge Fund Activity: Q2 2023 in Review
15 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in BETTER WORLD ACQUISITION CORP. Common Stock (BWAC) for Q2 2023, worth a combined $15.5M — down 28% from $21.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BWAC and 1 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 2 added.
The largest buyer was Crestline Management, opening a new position worth an estimated $1.08M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $6.64M sold.
- 15 institutional investors held BETTER WORLD ACQUISITION CORP. Common Stock (BWAC) as of Q2 2023, down from 16 in Q1 2023.
- Funds reported $15.5M of BETTER WORLD ACQUISITION CORP. Common Stock stock for Q2 2023, down 28% quarter-over-quarter.
- 1 fund opened new BETTER WORLD ACQUISITION CORP. Common Stock positions in Q2 2023 and 2 closed out, a net change of -1 holder.
- The largest BETTER WORLD ACQUISITION CORP. Common Stock buyer in Q2 2023 was Crestline Management, an estimated $1.08M added.
- The largest BETTER WORLD ACQUISITION CORP. Common Stock seller in Q2 2023 was First Trust Capital Management, an estimated $6.64M sold.
Based on aggregated 13F filings for Q2 2023.