Concord Acquisition Corp II Units, each consisting of one share of Class A Common Stock and one-third of one Warrant
CNDA.U
CNDA.U was delisted on the 27th of August, 2024.
23 hedge funds and large institutions have $79.8M invested in Concord Acquisition Corp II Units, each consisting of one share of Class A Common Stock and one-third of one Warrant in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 15 closing their positions.
30% less funds holding
Funds holding: 33 → 23 (-10)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
68% less capital invested
Capital invested by funds: $248M → $79.8M (-$168M)
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$4.02M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$508K |
| 3 |
Morgan Stanley
New York
|
+$396K |
| 4 |
Walleye Capital
New York
|
+$194K |
| 5 |
Millennium Management
New York
|
+$2.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$24.8M |
| 2 |
6CM
683 Capital Management
New York
|
-$24.7M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$24.7M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$24.7M |
| 5 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
-$24.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
26
Sculptor Capital
New York
| – | -$24.8M | -2,474,994 | -100% |
|
|
KC
27
Kepos Capital
New York
| – | -$12.9M | -1,296,334 | Closed |
|
|
FC
28
Finepoint Capital
Boston,
Massachusetts
| – | -$12.2M | -1,225,000 | Closed |
|
|
AA
29
AQR Arbitrage
Greenwich,
Connecticut
| – | -$7.08M | -710,107 | Closed |
|
30
Marshall Wace
London,
United Kingdom
| – | -$5.07M | -508,046 | Closed |
|
|
FIG
31
Fortress Investment Group
New York
| – | -$3.39M | -339,900 | Closed |
|
|
WP
32
Woodline Partners
San Francisco,
California
| – | -$2.99M | -300,000 | Closed |
|
|
CCFM
33
Cohen & Co Financial Management
New York
| – | -$2.49M | -250,000 | Closed |
|
|
DCM
34
Dupont Capital Management
Wilmington,
Delaware
| – | -$2.01M | -199,998 | -100% |
|
|
CS
35
Credit Suisse
Zurich,
Switzerland
| – | -$1.54M | -154,517 | Closed |
|
|
LMGAM
36
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| – | -$1.5M | -150,000 | Closed |
|
|
WRBC
37
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$740K | -74,184 | Closed |
|
|
CH
38
CVI Holdings
Wilmington,
Delaware
| – | -$467K | -46,800 | Closed |
|
CNDA.U Hedge Fund Activity: Q4 2021 in Review
23 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Concord Acquisition Corp II Units, each consisting of one share of Class A Common Stock and one-third of one Warrant (CNDA.U) for Q4 2021, worth a combined $79.8M — down 68% from $248M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CNDA.U and 5 opened new positions — a net loss of 10 holders — while 10 trimmed existing stakes and 3 added.
The largest buyer was P. Schoenfeld Asset Management (PSAM), adding an estimated $4.02M. The largest seller was Sculptor Capital, cutting an estimated $24.8M.
- 23 institutional investors held Concord Acquisition Corp II Units, each consisting of one share of Class A Common Stock and one-third of one Warrant (CNDA.U) as of Q4 2021, down from 33 in Q3 2021.
- Funds reported $79.8M of Concord Acquisition Corp II Units, each consisting of one share of Class A Common Stock and one-third of one Warrant stock for Q4 2021, down 68% quarter-over-quarter.
- 5 funds opened new Concord Acquisition Corp II Units, each consisting of one share of Class A Common Stock and one-third of one Warrant positions in Q4 2021 and 15 closed out, a net change of -10 holders.
- The largest Concord Acquisition Corp II Units, each consisting of one share of Class A Common Stock and one-third of one Warrant buyer in Q4 2021 was P. Schoenfeld Asset Management (PSAM), an estimated $4.02M added.
- The largest Concord Acquisition Corp II Units, each consisting of one share of Class A Common Stock and one-third of one Warrant seller in Q4 2021 was Sculptor Capital, an estimated $24.8M sold.
Based on aggregated 13F filings for Q4 2021.