Blue World Acquisition Corporation Class A Ordinary Shares
BWAQ
BWAQ was delisted on the 1st of July, 2024.
20 hedge funds and large institutions have $53M invested in Blue World Acquisition Corporation Class A Ordinary Shares in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 11 closing their positions.
29% less funds holding
Funds holding: 28 → 20 (-8)
41% less capital invested
Capital invested by funds: $89.6M → $53M (-$36.5M)
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$3.03M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.18M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$1.94M |
| 4 |
ETH
Exos TFP Holdings
New York
|
+$1.59M |
| 5 |
KL
KIM LLC
Wichita,
Kansas
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$7.39M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.84M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$4.83M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.7M |
| 5 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$3.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
26
Boothbay Fund Management
New York
| – | -$1.35M | -129,212 | Closed |
|
27
D.E. Shaw & Co
New York
| – | -$1.19M | -113,906 | Closed |
|
|
WRBC
28
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.04M | -100,200 | Closed |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1.04M | -100,000 | Closed |
|
|
SOA
30
Sea Otter Advisors
Miami,
Florida
| – | -$359K | -34,307 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
BWAQ Hedge Fund Activity: Q2 2023 in Review
20 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Blue World Acquisition Corporation Class A Ordinary Shares (BWAQ) for Q2 2023, worth a combined $53M — down 41% from $89.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BWAQ and 3 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 3 added.
The largest buyer was Westchester Capital Management (New York), adding an estimated $3.03M. The largest seller was Saba Capital Management, cutting an estimated $7.39M.
- 20 institutional investors held Blue World Acquisition Corporation Class A Ordinary Shares (BWAQ) as of Q2 2023, down from 28 in Q1 2023.
- Funds reported $53M of Blue World Acquisition Corporation Class A Ordinary Shares stock for Q2 2023, down 41% quarter-over-quarter.
- 3 funds opened new Blue World Acquisition Corporation Class A Ordinary Shares positions in Q2 2023 and 11 closed out, a net change of -8 holders.
- The largest Blue World Acquisition Corporation Class A Ordinary Shares buyer in Q2 2023 was Westchester Capital Management (New York), an estimated $3.03M added.
- The largest Blue World Acquisition Corporation Class A Ordinary Shares seller in Q2 2023 was Saba Capital Management, an estimated $7.39M sold.
Based on aggregated 13F filings for Q2 2023.