Concord Acquisition Corp II
CNDA
CNDA was delisted on the 30th of August, 2024.
45 hedge funds and large institutions have $274M invested in Concord Acquisition Corp II in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 10 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
10% more capital invested
Capital invested by funds: $249M → $274M (+$25.1M)
4% less funds holding
Funds holding: 47 → 45 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$9.13M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$8.84M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$8.56M |
| 4 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$7.75M |
| 5 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$4.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$12.3M |
| 2 |
CIM
Cowen Investment Management
New York
|
-$6.96M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.48M |
| 4 |
JP Morgan Chase
New York
|
-$1.98M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.24M |
CNDA Hedge Fund Activity: Q1 2023 in Review
45 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Concord Acquisition Corp II (CNDA) for Q1 2023, worth a combined $274M — up 10% from $249M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of CNDA and 8 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 11 added.
The largest buyer was First Trust Capital Management, adding an estimated $9.13M. The largest seller was Sculptor Capital, exiting entirely with an estimated $12.3M sold.
- 45 institutional investors held Concord Acquisition Corp II (CNDA) as of Q1 2023, down from 47 in Q4 2022.
- Funds reported $274M of Concord Acquisition Corp II stock for Q1 2023, up 10% quarter-over-quarter.
- 8 funds opened new Concord Acquisition Corp II positions in Q1 2023 and 10 closed out, a net change of -2 holders.
- The largest Concord Acquisition Corp II buyer in Q1 2023 was First Trust Capital Management, an estimated $9.13M added.
- The largest Concord Acquisition Corp II seller in Q1 2023 was Sculptor Capital, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2023.