Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o
CAS.U
CAS.U was delisted on the 7th of June, 2022.
26 hedge funds and large institutions have $37.1M invested in Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 45 closing their positions.
61% less funds holding
Funds holding: 66 → 26 (-40)
75% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 12
82% less capital invested
Capital invested by funds: $205M → $37.1M (-$168M)
89% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 45
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$1.06M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$392K |
| 3 |
Goldman Sachs
New York
|
+$215K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$52.9K |
| 5 |
Morgan Stanley
New York
|
+$30K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$13.1M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.5M |
| 3 |
Millennium Management
New York
|
-$11.7M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$10.3M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$8.59M |
CAS.U Hedge Fund Activity: Q1 2021 in Review
26 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o (CAS.U) for Q1 2021, worth a combined $37.1M — down 82% from $205M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CAS.U and 5 opened new positions — a net loss of 40 holders — while 12 trimmed existing stakes and 3 added.
The largest buyer was Mint Tower Capital Management, adding an estimated $1.06M. The largest seller was Citadel Advisors, exiting entirely with an estimated $13.1M sold.
- 26 institutional investors held Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o (CAS.U) as of Q1 2021, down from 66 in Q4 2020.
- Funds reported $37.1M of Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o stock for Q1 2021, down 82% quarter-over-quarter.
- 5 funds opened new Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o positions in Q1 2021 and 45 closed out, a net change of -40 holders.
- The largest Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o buyer in Q1 2021 was Mint Tower Capital Management, an estimated $1.06M added.
- The largest Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o seller in Q1 2021 was Citadel Advisors, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2021.