Better World Acquisition Corp. Unit
BWACU
BWACU was delisted on the 27th of June, 2023.
18 hedge funds and large institutions have $13M invested in Better World Acquisition Corp. Unit in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 26 closing their positions.
55% less funds holding
Funds holding: 40 → 18 (-22)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
83% less capital invested
Capital invested by funds: $78M → $13M (-$65M)
85% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 26
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$565K |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$43.6K |
| 3 |
Morgan Stanley
New York
|
+$34.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$34K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$8.18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$7.33M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.85M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.74M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$5.53M |
| 5 |
D.E. Shaw & Co
New York
|
-$4.7M |
BWACU Hedge Fund Activity: Q1 2021 in Review
18 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Better World Acquisition Corp. Unit (BWACU) for Q1 2021, worth a combined $13M — down 83% from $78M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of BWACU and 4 opened new positions — a net loss of 22 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $565K. The largest seller was Glazer Capital LLC, cutting an estimated $7.33M.
- 18 institutional investors held Better World Acquisition Corp. Unit (BWACU) as of Q1 2021, down from 40 in Q4 2020.
- Funds reported $13M of Better World Acquisition Corp. Unit stock for Q1 2021, down 83% quarter-over-quarter.
- 4 funds opened new Better World Acquisition Corp. Unit positions in Q1 2021 and 26 closed out, a net change of -22 holders.
- The largest Better World Acquisition Corp. Unit buyer in Q1 2021 was Flow Traders U.S., an estimated $565K added.
- The largest Better World Acquisition Corp. Unit seller in Q1 2021 was Glazer Capital LLC, an estimated $7.33M sold.
Based on aggregated 13F filings for Q1 2021.