Concord Acquisition Corp III Units, each consisting of one share of Class A Common Stock and one-half of one Warrant
CNDB.U
CNDB.U was delisted on the 22nd of March, 2024.
9 hedge funds and large institutions have $16.2M invested in Concord Acquisition Corp III Units, each consisting of one share of Class A Common Stock and one-half of one Warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
18% less capital invested
Capital invested by funds: $19.9M → $16.2M (-$3.67M)
31% less funds holding
Funds holding: 13 → 9 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$5K |
| 2 |
CS
Clear Street
New York
|
+$2.77K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cowen Investment Management
New York
|
-$4.95M |
| 2 |
CHP
Castle Hook Partners
New York
|
-$2.04M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$1.22M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$768K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$12.5K |
CNDB.U Hedge Fund Activity: Q1 2023 in Review
9 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Concord Acquisition Corp III Units, each consisting of one share of Class A Common Stock and one-half of one Warrant (CNDB.U) for Q1 2023, worth a combined $16.2M — down 18% from $19.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CNDB.U and 1 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Glazer Capital LLC, adding an estimated $5K. The largest seller was Cowen Investment Management, cutting an estimated $4.95M.
- 9 institutional investors held Concord Acquisition Corp III Units, each consisting of one share of Class A Common Stock and one-half of one Warrant (CNDB.U) as of Q1 2023, down from 13 in Q4 2022.
- Funds reported $16.2M of Concord Acquisition Corp III Units, each consisting of one share of Class A Common Stock and one-half of one Warrant stock for Q1 2023, down 18% quarter-over-quarter.
- 1 fund opened new Concord Acquisition Corp III Units, each consisting of one share of Class A Common Stock and one-half of one Warrant positions in Q1 2023 and 5 closed out, a net change of -4 holders.
- The largest Concord Acquisition Corp III Units, each consisting of one share of Class A Common Stock and one-half of one Warrant buyer in Q1 2023 was Glazer Capital LLC, an estimated $5K added.
- The largest Concord Acquisition Corp III Units, each consisting of one share of Class A Common Stock and one-half of one Warrant seller in Q1 2023 was Cowen Investment Management, an estimated $4.95M sold.
Based on aggregated 13F filings for Q1 2023.