Compass Digital Acquisition Corp. Class A Ordinary Shares
CDAQ
CDAQ was delisted on the 21st of October, 2024.
38 hedge funds and large institutions have $201M invested in Compass Digital Acquisition Corp. Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 6 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
9% more capital invested
Capital invested by funds: $184M → $201M (+$17.1M)
6% more funds holding
Funds holding: 36 → 38 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$11.5M |
| 2 |
JP Morgan Chase
New York
|
+$10.1M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$5.31M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$3.74M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$3.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$14.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.54M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$2.91M |
| 4 |
TCA
Taconic Capital Advisors
New York
|
-$2.5M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$584K |
CDAQ Hedge Fund Activity: Q1 2023 in Review
38 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Compass Digital Acquisition Corp. Class A Ordinary Shares (CDAQ) for Q1 2023, worth a combined $201M — up 9.3% from $184M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CDAQ positions and 6 closed out — a net gain of 2 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was HGC Investment Management, opening a new position worth an estimated $11.5M. The largest seller was Sculptor Capital, exiting entirely with an estimated $14.8M sold.
- 38 institutional investors held Compass Digital Acquisition Corp. Class A Ordinary Shares (CDAQ) as of Q1 2023, up from 36 in Q4 2022.
- Funds reported $201M of Compass Digital Acquisition Corp. Class A Ordinary Shares stock for Q1 2023, up 9.3% quarter-over-quarter.
- 8 funds opened new Compass Digital Acquisition Corp. Class A Ordinary Shares positions in Q1 2023 and 6 closed out, a net change of +2 holders.
- The largest Compass Digital Acquisition Corp. Class A Ordinary Shares buyer in Q1 2023 was HGC Investment Management, an estimated $11.5M added.
- The largest Compass Digital Acquisition Corp. Class A Ordinary Shares seller in Q1 2023 was Sculptor Capital, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2023.