Class Acceleration Corp.
CLAS
CLAS was delisted on the 29th of December, 2022.
67 hedge funds and large institutions have $199M invested in Class Acceleration Corp. in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 7 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
171% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 7
16% more capital invested
Capital invested by funds: $171M → $199M (+$27.2M)
14% more funds holding
Funds holding: 59 → 67 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$15.9M |
| 2 |
SCM
Saba Capital Management
New York
|
+$3.18M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.1M |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$1.93M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$6.3M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$1.33M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.13M |
| 4 |
MSU
Mizuho Securities USA
New York
|
-$966K |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$598K |
CLAS Hedge Fund Activity: Q3 2021 in Review
67 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Class Acceleration Corp. (CLAS) for Q3 2021, worth a combined $199M — up 16% from $171M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CLAS positions and 4 closed out — a net gain of 8 holders — while 19 added to existing stakes and 7 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $15.9M. The largest seller was Park West Asset Management, exiting entirely with an estimated $6.3M sold.
- 67 institutional investors held Class Acceleration Corp. (CLAS) as of Q3 2021, up from 59 in Q2 2021.
- Funds reported $199M of Class Acceleration Corp. stock for Q3 2021, up 16% quarter-over-quarter.
- 12 funds opened new Class Acceleration Corp. positions in Q3 2021 and 4 closed out, a net change of +8 holders.
- The largest Class Acceleration Corp. buyer in Q3 2021 was Glazer Capital LLC, an estimated $15.9M added.
- The largest Class Acceleration Corp. seller in Q3 2021 was Park West Asset Management, an estimated $6.3M sold.
Based on aggregated 13F filings for Q3 2021.