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.
12 hedge funds and large institutions have $11.2M invested in Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 4 closing their positions.
16% less capital invested
Capital invested by funds: $13.2M → $11.2M (-$2.06M)
20% less funds holding
Funds holding: 15 → 12 (-3)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$10.2K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$1.47K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MF
1
Magnetar Financial
Evanston,
Illinois
| $3.06M | – | – | – |
|
|
WC
2
Wealthspring Capital
West Harrison,
New York
| $2.19M | -$65.9K | -6,486 | -3% |
|
|
SIA
3
Schechter Investment Advisors
Birmingham,
Michigan
| $1.83M | -$74.1K | -7,296 | -4% |
|
|
GC
4
Gillson Capital
Chicago,
Illinois
| $1.3M | – | – | – |
|
|
MTCM
5
Mint Tower Capital Management
Amsterdam,
Netherlands
| $1.01M | – | – | – |
|
|
HF
6
HRT Financial
New York
| $1.01M | – | – | – |
|
|
SMA
7
Sage Mountain Advisors
Atlanta,
Georgia
| $433K | -$194K | -19,051 | -31% |
|
|
8
Stifel Financial
St. Louis,
Missouri
| $208K | +$1.47K | +145 | +0.7% |
|
|
CCM
9
Condor Capital Management
Martinsville,
New Jersey
| $50K | – | – | – |
|
10
Morgan Stanley
New York
| $36K | – | – | – |
|
11
UBS Group
Zurich,
Switzerland
| $13K | – | – | – |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| $10K | +$10.2K | +1,001 | New |
|
|
GCL
13
Glazer Capital LLC
New York
| – | -$864K | -85,195 | Closed |
|
|
AGM
14
Alpine Global Management
New York
| – | -$810K | -79,918 | Closed |
|
|
CS
15
Clear Street
New York
| – | -$16K | -1,540 | Closed |
|
CAS.U Hedge Fund Activity: Q1 2022 in Review
12 of the 6,340 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 2022, worth a combined $11.2M — down 16% from $13.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CAS.U and 1 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $10.2K. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $864K sold.
- 12 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 2022, down from 15 in Q4 2021.
- Funds reported $11.2M of Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o stock for Q1 2022, down 16% quarter-over-quarter.
- 1 fund opened new Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o positions in Q1 2022 and 4 closed out, a net change of -3 holders.
- The largest Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o buyer in Q1 2022 was Wolverine Asset Management, an estimated $10.2K added.
- The largest Cascade Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half o seller in Q1 2022 was Glazer Capital LLC, an estimated $864K sold.
Based on aggregated 13F filings for Q1 2022.