Canna-Global Acquisition Corp. Class A Common Stock
CNGL
CNGL was delisted on the 27th of June, 2024.
9 hedge funds and large institutions have $10.2M invested in Canna-Global Acquisition Corp. Class A Common Stock in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 8 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
36% less funds holding
Funds holding: 14 → 9 (-5)
55% less capital invested
Capital invested by funds: $22.5M → $10.2M (-$12.4M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$1.7M |
| 2 |
JP Morgan Chase
New York
|
+$770K |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$730K |
| 4 |
BCM
BCK Capital Management
Stamford,
Connecticut
|
+$641K |
| 5 |
CM
Crystalline Management
Montreal, Quebec,
Canada
|
+$544K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
-$5.88M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.14M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$2.53M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.41M |
| 5 |
CCM
CAAS Capital Management
New York
|
-$1.24M |
CNGL Hedge Fund Activity: Q4 2023 in Review
9 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Canna-Global Acquisition Corp. Class A Common Stock (CNGL) for Q4 2023, worth a combined $10.2M — down 55% from $22.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CNGL and 3 opened new positions — a net loss of 5 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was Mizuho Securities USA, opening a new position worth an estimated $1.7M. The largest seller was Dark Forest Capital Management, exiting entirely with an estimated $5.88M sold.
- 9 institutional investors held Canna-Global Acquisition Corp. Class A Common Stock (CNGL) as of Q4 2023, down from 14 in Q3 2023.
- Funds reported $10.2M of Canna-Global Acquisition Corp. Class A Common Stock stock for Q4 2023, down 55% quarter-over-quarter.
- 3 funds opened new Canna-Global Acquisition Corp. Class A Common Stock positions in Q4 2023 and 8 closed out, a net change of -5 holders.
- The largest Canna-Global Acquisition Corp. Class A Common Stock buyer in Q4 2023 was Mizuho Securities USA, an estimated $1.7M added.
- The largest Canna-Global Acquisition Corp. Class A Common Stock seller in Q4 2023 was Dark Forest Capital Management, an estimated $5.88M sold.
Based on aggregated 13F filings for Q4 2023.