Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
CLAS.U
CLAS.U was delisted on the 15th of December, 2022.
31 hedge funds and large institutions have $36.8M invested in Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 6 closing their positions.
14% less funds holding
Funds holding: 36 → 31 (-5)
33% less capital invested
Capital invested by funds: $55.1M → $36.8M (-$18.3M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$130K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$128K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$17K |
| 4 |
Jane Street
New York
|
+$100 |
Top Sellers
| 1 |
GCL
Glazer Capital LLC
New York
|
-$16.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.29M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$2.01M |
| 4 |
KC
Kepos Capital
New York
|
-$1.25M |
| 5 |
OCAM
Owl Creek Asset Management
New York
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $17K | – | – | – |
|
|
27
UBS Group
Zurich,
Switzerland
| $17K | +$17K | +1,696 | New |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $9K | – | – | – |
|
|
CCM
29
Condor Capital Management
Martinsville,
New Jersey
| $6K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $2K | – | – | – |
|
31
Walleye Capital
New York
| $236 | – | – | – |
|
|
32
Citadel Advisors
Miami,
Florida
| – | -$2.29M | -227,399 | Closed |
|
|
PMAM
33
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$2.01M | -200,000 | Closed |
|
|
OCAM
34
Owl Creek Asset Management
New York
| – | -$1.06M | -105,000 | Closed |
|
|
BPIM
35
Brant Point Investment Management
New York
| – | -$755K | -75,000 | Closed |
|
|
JGC
36
J. Goldman & Co
New York
| – | -$576K | -57,248 | Closed |
|
|
RCM
37
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$242K | -24,030 | Closed |
|
CLAS.U Hedge Fund Activity: Q3 2021 in Review
31 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (CLAS.U) for Q3 2021, worth a combined $36.8M — down 33% from $55.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CLAS.U and 1 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Janus Henderson Group, adding an estimated $130K. The largest seller was Glazer Capital LLC, cutting an estimated $16.7M.
- 31 institutional investors held Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (CLAS.U) as of Q3 2021, down from 36 in Q2 2021.
- Funds reported $36.8M of Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q3 2021, down 33% quarter-over-quarter.
- 1 fund opened new Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant positions in Q3 2021 and 6 closed out, a net change of -5 holders.
- The largest Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant buyer in Q3 2021 was Janus Henderson Group, an estimated $130K added.
- The largest Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant seller in Q3 2021 was Glazer Capital LLC, an estimated $16.7M sold.
Based on aggregated 13F filings for Q3 2021.