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CLAS.U

Class Acceleration Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant

Delisted

CLAS.U was delisted on the 15th of December, 2022.

21 hedge funds and large institutions have $8.1M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 2

13% less funds holding

Funds holding: 2421 (-3)

20% less capital invested

Capital invested by funds: $10.1M → $8.1M (-$1.99M)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

Holders
21
Holders Change
-3
Holders Change %
-12.5%
% of All Funds
0.36%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
3
Reduced
2
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HIM
1
HGC Investment Management
Ontario, Canada
$1.97M -$1.97M -200,000 -50%
YCM
2
Yakira Capital Management
Connecticut
$1.48M
Janus Henderson Group
3
Janus Henderson Group
United Kingdom
$1.07M +$536K +54,336 +100%
WCMNY
4
Westchester Capital Management (New York)
New York
$887K
WC
5
Wealthspring Capital
New York
$450K -$13.6K -1,380 -3%
SIA
6
Schechter Investment Advisors
Michigan
$418K
LCM
7
Landscape Capital Management
New Jersey
$284K +$987 +100 +0.3%
BCM
8
Basso Capital Management
Connecticut
$246K
Walleye Capital
9
Walleye Capital
New York
$234K
GCIA
10
Gabelli & Co Investment Advisers
New York
$200K
GF
11
Gabelli Funds
New York
$194K
Jane Street
12
Jane Street
New York
$166K
Walleye Trading
13
Walleye Trading
New York
$132K
WAM
14
Wolverine Asset Management
Illinois
$119K
Osaic Holdings
15
Osaic Holdings
Arizona
$114K
BFM
16
Boothbay Fund Management
New York
$103K +$1.09K +110 +1%
UBS Group
17
UBS Group
Switzerland
$15K
CCM
18
Condor Capital Management
New Jersey
$6K
TRCT
19
Tower Research Capital (TRC)
New York
$2K
CS
20
Clear Street
New York
$2K +$2.45K +248 New
Citigroup
21
Citigroup
New York
$1K
MF
22
Magnetar Financial
Illinois
-$5.53K -559,000 Closed
Nomura Holdings
23
Nomura Holdings
Japan
-$257K -26,126 Closed
SMA
24
Sage Mountain Advisors
Georgia
-$184K -18,680 Closed
Citadel Advisors
25
Citadel Advisors
Florida
-$100K -10,192 Closed

CLAS.U Hedge Fund Activity: Q3 2022 in Review

21 of the 5,805 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 2022, worth a combined $8.1M — down 20% from $10.1M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of CLAS.U and 1 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 3 added.

The largest buyer was Janus Henderson Group, adding an estimated $536K. The largest seller was HGC Investment Management, cutting an estimated $1.97M.

  • 21 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 2022, down from 24 in Q2 2022.
  • Funds reported $8.1M 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 2022, down 20% 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 2022 and 4 closed out, a net change of -3 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 2022 was Janus Henderson Group, an estimated $536K 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 2022 was HGC Investment Management, an estimated $1.97M sold.

Based on aggregated 13F filings for Q3 2022.