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.
24 hedge funds and large institutions have $15.4M invested in Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
14% less funds holding
Funds holding: 28 → 24 (-4)
50% less capital invested
Capital invested by funds: $30.5M → $15.4M (-$15.2M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$103K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$63.9K |
| 3 |
Jane Street
New York
|
+$3.86K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$3.78K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.87K |
Top Sellers
| 1 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$4.97M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.19M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$2.02M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
-$1.99M |
| 5 |
JP Morgan Chase
New York
|
-$1.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
26
Shaolin Capital Management
Miami,
Florida
| – | -$4.19M | -421,862 | Closed |
|
|
GCL
27
Glazer Capital LLC
New York
| – | -$2.02M | -204,189 | Closed |
|
|
CCM
28
Context Capital Management
Lajolla,
California
| – | -$1.99M | -200,000 | Closed |
|
|
29
JP Morgan Chase
New York
| – | -$1.66M | -166,650 | Closed |
|
CLAS.U Hedge Fund Activity: Q1 2022 in Review
24 of the 6,340 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 Q1 2022, worth a combined $15.4M — down 50% from $30.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CLAS.U and 1 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $103K. The largest seller was Fort Baker Capital Management, exiting entirely with an estimated $4.97M sold.
- 24 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 Q1 2022, down from 28 in Q4 2021.
- Funds reported $15.4M of Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant stock for Q1 2022, down 50% 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 Q1 2022 and 5 closed out, a net change of -4 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 Q1 2022 was Citadel Advisors, an estimated $103K 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 Q1 2022 was Fort Baker Capital Management, an estimated $4.97M sold.
Based on aggregated 13F filings for Q1 2022.