Cartica Acquisition Corp Class A Ordinary Shares
CITE
CITE was delisted on the 10th of January, 2025.
39 hedge funds and large institutions have $162M invested in Cartica Acquisition Corp Class A Ordinary Shares in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 26 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
19% less capital invested
Capital invested by funds: $201M → $162M (-$39.1M)
33% less funds holding
Funds holding: 58 → 39 (-19)
69% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$12.6M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$4.2M |
| 3 |
CC
Centiva Capital
New York
|
+$3.72M |
| 4 |
FLC
Fifth Lane Capital
Austin,
Texas
|
+$3.72M |
| 5 |
HCM
Highbridge Capital Management
New York
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$16.2M |
| 2 |
KL
KIM LLC
Wichita,
Kansas
|
-$6.59M |
| 3 |
SV
Starboard Value
New York
|
-$5.67M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.51M |
| 5 |
CIM
Cowen Investment Management
New York
|
-$5.37M |
CITE Hedge Fund Activity: Q2 2023 in Review
39 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cartica Acquisition Corp Class A Ordinary Shares (CITE) for Q2 2023, worth a combined $162M — down 19% from $201M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CITE and 8 opened new positions — a net loss of 18 holders — while 4 trimmed existing stakes and 10 added.
The largest buyer was First Trust Capital Management, adding an estimated $12.6M. The largest seller was Saba Capital Management, exiting entirely with an estimated $16.2M sold.
- 39 institutional investors held Cartica Acquisition Corp Class A Ordinary Shares (CITE) as of Q2 2023, down from 58 in Q1 2023.
- Funds reported $162M of Cartica Acquisition Corp Class A Ordinary Shares stock for Q2 2023, down 19% quarter-over-quarter.
- 8 funds opened new Cartica Acquisition Corp Class A Ordinary Shares positions in Q2 2023 and 26 closed out, a net change of -18 holders.
- The largest Cartica Acquisition Corp Class A Ordinary Shares buyer in Q2 2023 was First Trust Capital Management, an estimated $12.6M added.
- The largest Cartica Acquisition Corp Class A Ordinary Shares seller in Q2 2023 was Saba Capital Management, an estimated $16.2M sold.
Based on aggregated 13F filings for Q2 2023.