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.
2 hedge funds and large institutions have $46.7K invested in Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 8 closing their positions.
78% less funds holding
Funds holding: 9 → 2 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
100% less capital invested
Capital invested by funds: $17.3M → $46.7K (-$17.2M)
Top Buyers
| 1 |
CS
Clear Street
New York
|
+$38.5K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.33K |
Top Sellers
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$6.24M |
| 2 |
AMH
Apollo Management Holdings
New York
|
-$3.95M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.6M |
| 4 |
Walleye Capital
New York
|
-$2.13M |
| 5 |
Walleye Trading
New York
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Clear Street
New York
| $42.4K | +$38.5K | +3,726 | +1,122% |
|
|
2
UBS Group
Zurich,
Switzerland
| $4.36K | +$4.33K | +418 | New |
|
|
SIM
3
Sandia Investment Management
Boston,
Massachusetts
| – | -$6.24M | -600,388 | Closed |
|
|
AMH
4
Apollo Management Holdings
New York
| – | -$3.95M | -380,000 | Closed |
|
|
RCM
5
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$2.6M | -250,000 | Closed |
|
|
6
Walleye Capital
New York
| – | -$2.13M | -204,736 | Closed |
|
|
7
Walleye Trading
New York
| – | -$1.2M | -115,164 | Closed |
|
|
SIA
8
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$689K | -66,680 | Closed |
|
|
BFM
9
Boothbay Fund Management
New York
| – | -$490K | -45,000 | Closed |
|
|
GCL
10
Glazer Capital LLC
New York
| – | -$5K | -528 | Closed |
|
BYN.U Hedge Fund Activity: Q2 2023 in Review
2 of the 6,369 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 Q2 2023, worth a combined $46.7K — down 100% from $17.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BYN.U and 1 opened new positions — a net loss of 7 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $38.5K. The largest seller was Sandia Investment Management, exiting entirely with an estimated $6.24M sold.
- 2 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 Q2 2023, down from 9 in Q1 2023.
- Funds reported $46.7K of Banyan Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant stock for Q2 2023, down 100% quarter-over-quarter.
- 1 fund 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 Q2 2023 and 8 closed out, a net change of -7 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 Q2 2023 was Clear Street, an estimated $38.5K 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 Q2 2023 was Sandia Investment Management, an estimated $6.24M sold.
Based on aggregated 13F filings for Q2 2023.