Concord Acquisition Corp.
CND
CND was delisted on the 9th of December, 2022.
47 hedge funds and large institutions have $203M invested in Concord Acquisition Corp. in 2021 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 38 closing their positions.
7% more capital invested
Capital invested by funds: $189M → $203M (+$13.7M)
23% less funds holding
Funds holding: 61 → 47 (-14)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
37% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MFN Partners
Boston,
Massachusetts
|
+$28.8M |
| 2 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$28.8M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$25.7M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
+$17.7M |
| 5 |
6CM
683 Capital Management
New York
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$17.5M |
| 2 |
LCS
Levin Capital Strategies
New York
|
-$17M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.85M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$8.39M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$8.31M |
CND Hedge Fund Activity: Q3 2021 in Review
47 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Concord Acquisition Corp. (CND) for Q3 2021, worth a combined $203M — up 7.2% from $189M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CND and 24 opened new positions — a net loss of 14 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was MFN Partners, opening a new position worth an estimated $28.8M. The largest seller was Citadel Advisors, exiting entirely with an estimated $17.5M sold.
- 47 institutional investors held Concord Acquisition Corp. (CND) as of Q3 2021, down from 61 in Q2 2021.
- Funds reported $203M of Concord Acquisition Corp. stock for Q3 2021, up 7.2% quarter-over-quarter.
- 24 funds opened new Concord Acquisition Corp. positions in Q3 2021 and 38 closed out, a net change of -14 holders.
- The largest Concord Acquisition Corp. buyer in Q3 2021 was MFN Partners, an estimated $28.8M added.
- The largest Concord Acquisition Corp. seller in Q3 2021 was Citadel Advisors, an estimated $17.5M sold.
Based on aggregated 13F filings for Q3 2021.