Concord Acquisition Corp II
CNDA
CNDA was delisted on the 30th of August, 2024.
12 hedge funds and large institutions have $17.7M invested in Concord Acquisition Corp II in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 25 closing their positions.
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
66% less funds holding
Funds holding: 35 → 12 (-23)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
88% less capital invested
Capital invested by funds: $146M → $17.7M (-$128M)
92% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMF
RK Capital Management (Florida)
Weston,
Florida
|
+$3.17M |
| 2 |
VF
Virtu Financial
New York
|
+$214K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$57.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$51.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$17.9M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$14.7M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$13M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$9.77M |
| 5 |
KC
Kepos Capital
New York
|
-$8.94M |
CNDA Hedge Fund Activity: Q2 2024 in Review
12 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Concord Acquisition Corp II (CNDA) for Q2 2024, worth a combined $17.7M — down 88% from $146M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of CNDA and 2 opened new positions — a net loss of 23 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was RK Capital Management (Florida), opening a new position worth an estimated $3.17M. The largest seller was Schechter Investment Advisors, exiting entirely with an estimated $17.9M sold.
- 12 institutional investors held Concord Acquisition Corp II (CNDA) as of Q2 2024, down from 35 in Q1 2024.
- Funds reported $17.7M of Concord Acquisition Corp II stock for Q2 2024, down 88% quarter-over-quarter.
- 2 funds opened new Concord Acquisition Corp II positions in Q2 2024 and 25 closed out, a net change of -23 holders.
- The largest Concord Acquisition Corp II buyer in Q2 2024 was RK Capital Management (Florida), an estimated $3.17M added.
- The largest Concord Acquisition Corp II seller in Q2 2024 was Schechter Investment Advisors, an estimated $17.9M sold.
Based on aggregated 13F filings for Q2 2024.