Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant
BYN.U
BYN.U was delisted on the 29th of December, 2023.
20 hedge funds and large institutions have $41.5M invested in Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with funds opening new positions, 3 increasing their positions, 0 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less capital invested
Capital invested by funds: $49.1M → $41.5M (-$7.59M)
31% less funds holding
Funds holding: 29 → 20 (-9)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$120K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$47.8K |
| 3 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$3.89K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Antara Capital
New York
|
-$2.52M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$1.51M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$1.01M |
| 4 |
ACM
Atalaya Capital Management
New York
|
-$1M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$749K |
BYN.U Hedge Fund Activity: Q3 2022 in Review
20 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant (BYN.U) for Q3 2022, worth a combined $41.5M — down 15% from $49.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BYN.U and 0 opened new positions — a net loss of 9 holders — while 0 trimmed existing stakes and 3 added.
The largest buyer was Clear Street, adding an estimated $120K. The largest seller was Antara Capital, exiting entirely with an estimated $2.52M sold.
- 20 institutional investors held Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant (BYN.U) as of Q3 2022, down from 29 in Q2 2022.
- Funds reported $41.5M of Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant stock for Q3 2022, down 15% quarter-over-quarter.
- 0 funds opened new Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant positions in Q3 2022 and 9 closed out, a net change of -9 holders.
- The largest Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant buyer in Q3 2022 was Clear Street, an estimated $120K added.
- The largest Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant seller in Q3 2022 was Antara Capital, an estimated $2.52M sold.
Based on aggregated 13F filings for Q3 2022.