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 |
CNDA.U Hedge Fund Activity: Q4 2021 in Review
23 of the 6,518 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.