Concord Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant
CND.U
CND.U was delisted on the 7th of December, 2022.
22 hedge funds and large institutions have $37.5M invested in Concord Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 9 closing their positions.
24% less funds holding
Funds holding: 29 → 22 (-7)
44% less capital invested
Capital invested by funds: $66.8M → $37.5M (-$29.3M)
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$3.94M |
| 2 |
FIG
Fortress Investment Group
New York
|
+$3.71M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$110K |
| 4 |
LCS
Levin Capital Strategies
New York
|
+$1.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$9.53M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$8.73M |
| 3 |
CCM
Context Capital Management
Lajolla,
California
|
-$1.83M |
| 4 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
-$1.02M |
| 5 |
LC
Littlejohn & Co
Greenwich,
Connecticut
|
-$513K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCC
26
Spring Creek Capital
Wichita,
Kansas
| – | -$1.02M | -100,000 | Closed |
|
|
LC
27
Littlejohn & Co
Greenwich,
Connecticut
| – | -$513K | -50,000 | Closed |
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$498K | -48,615 | Closed |
|
|
AFS
29
Amtrust Financial Services
New York
| – | -$238K | -23,200 | Closed |
|
|
DIG
30
DeepCurrents Investment Group
New York
| – | -$141K | -13,700 | Closed |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$70K | -6,832 | Closed |
|
CND.U Hedge Fund Activity: Q2 2021 in Review
22 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Concord Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant (CND.U) for Q2 2021, worth a combined $37.5M — down 44% from $66.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CND.U and 2 opened new positions — a net loss of 7 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was Shaolin Capital Management, adding an estimated $3.94M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $9.53M sold.
- 22 institutional investors held Concord Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant (CND.U) as of Q2 2021, down from 29 in Q1 2021.
- Funds reported $37.5M of Concord Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant stock for Q2 2021, down 44% quarter-over-quarter.
- 2 funds opened new Concord Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant positions in Q2 2021 and 9 closed out, a net change of -7 holders.
- The largest Concord Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant buyer in Q2 2021 was Shaolin Capital Management, an estimated $3.94M added.
- The largest Concord Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant seller in Q2 2021 was BlueCrest Capital Management, an estimated $9.53M sold.
Based on aggregated 13F filings for Q2 2021.