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.
7 hedge funds and large institutions have $2.49M invested in Concord Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 17 closing their positions.
68% less funds holding
Funds holding: 22 → 7 (-15)
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 17
93% less capital invested
Capital invested by funds: $37.5M → $2.49M (-$35M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.79K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.37K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$8.1M |
| 2 |
LCS
Levin Capital Strategies
New York
|
-$7.24M |
| 3 |
KC
Kepos Capital
New York
|
-$5.06M |
| 4 |
Millennium Management
New York
|
-$4.03M |
| 5 |
FIG
Fortress Investment Group
New York
|
-$3.74M |
CND.U Hedge Fund Activity: Q3 2021 in Review
7 of the 5,712 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 Q3 2021, worth a combined $2.49M — down 93% from $37.5M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CND.U and 2 opened new positions — a net loss of 15 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Bank of America, opening a new position worth an estimated $4.79K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $8.1M sold.
- 7 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 Q3 2021, down from 22 in Q2 2021.
- Funds reported $2.49M of Concord Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of one Warrant stock for Q3 2021, down 93% 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 Q3 2021 and 17 closed out, a net change of -15 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 Q3 2021 was Bank of America, an estimated $4.79K 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 Q3 2021 was Shaolin Capital Management, an estimated $8.1M sold.
Based on aggregated 13F filings for Q3 2021.