Canna-Global Acquisition Corp. Class A Common Stock
CNGL
CNGL was delisted on the 27th of June, 2024.
12 hedge funds and large institutions have $20.7M invested in Canna-Global Acquisition Corp. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
9% more funds holding
Funds holding: 11 → 12 (+1)
9% less capital invested
Capital invested by funds: $22.8M → $20.7M (-$2.08M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.48M |
| 2 |
CCM
CAAS Capital Management
New York
|
+$718K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$396K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$42.4K |
| 5 |
CS
Clear Street
New York
|
+$1.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$2.06M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.88M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$1.22M |
| 4 |
CM
Cohanzick Management
Pleasantville,
New York
|
-$114K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$27.2K |
CNGL Hedge Fund Activity: Q1 2023 in Review
12 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Canna-Global Acquisition Corp. Class A Common Stock (CNGL) for Q1 2023, worth a combined $20.7M — down 9.1% from $22.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CNGL positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $1.48M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $2.06M sold.
- 12 institutional investors held Canna-Global Acquisition Corp. Class A Common Stock (CNGL) as of Q1 2023, up from 11 in Q4 2022.
- Funds reported $20.7M of Canna-Global Acquisition Corp. Class A Common Stock stock for Q1 2023, down 9.1% quarter-over-quarter.
- 3 funds opened new Canna-Global Acquisition Corp. Class A Common Stock positions in Q1 2023 and 2 closed out, a net change of +1 holder.
- The largest Canna-Global Acquisition Corp. Class A Common Stock buyer in Q1 2023 was Wolverine Asset Management, an estimated $1.48M added.
- The largest Canna-Global Acquisition Corp. Class A Common Stock seller in Q1 2023 was Highbridge Capital Management, an estimated $2.06M sold.
Based on aggregated 13F filings for Q1 2023.