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.
7 hedge funds and large institutions have $235K invested in Concord Acquisition Corp II Units, each consisting of one share of Class A Common Stock and one-third of one Warrant in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 5 closing their positions.
30% less funds holding
Funds holding: 10 → 7 (-3)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
96% less capital invested
Capital invested by funds: $6.14M → $235K (-$5.91M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$17K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.02K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$974 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$2.8M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$2.01M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$451K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$399K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$129K |
CNDA.U Hedge Fund Activity: Q3 2023 in Review
7 of the 6,310 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 Q3 2023, worth a combined $235K — down 96% from $6.14M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CNDA.U and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, adding an estimated $17K. The largest seller was Sandia Investment Management, exiting entirely with an estimated $2.8M sold.
- 7 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 Q3 2023, down from 10 in Q2 2023.
- Funds reported $235K of Concord Acquisition Corp II Units, each consisting of one share of Class A Common Stock and one-third of one Warrant stock for Q3 2023, down 96% quarter-over-quarter.
- 2 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 Q3 2023 and 5 closed out, a net change of -3 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 Q3 2023 was Virtu Financial, an estimated $17K 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 Q3 2023 was Sandia Investment Management, an estimated $2.8M sold.
Based on aggregated 13F filings for Q3 2023.