Canna-Global Acquisition Corp. Class A Common Stock
CNGL
CNGL was delisted on the 27th of June, 2024.
8 hedge funds and large institutions have $10.1M invested in Canna-Global Acquisition Corp. Class A Common Stock in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
1% less capital invested
Capital invested by funds: $10.2M → $10.1M (-$78.4K)
11% less funds holding
Funds holding: 9 → 8 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$1.73M |
| 2 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$783K |
| 3 |
CS
Clear Street
New York
|
+$97.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
-$1.69M |
| 2 |
JP Morgan Chase
New York
|
-$773K |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$291K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$41.5K |
| 5 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$17.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAC
1
Cowen and Company
New York
| $2.15M | – | – | – |
|
|
MC
2
Meteora Capital
Boca Raton,
Florida
| $2M | -$17.4K | -1,581 | -0.9% |
|
|
3
Hudson Bay Capital Management
Stamford,
Connecticut
| $1.73M | +$1.73M | +156,800 | New |
|
|
WAM
4
Wolverine Asset Management
Chicago,
Illinois
| $1.67M | -$41.5K | -3,757 | -2% |
|
|
BCM
5
BCK Capital Management
Stamford,
Connecticut
| $921K | – | – | – |
|
|
SIA
6
SkyView Investment Advisors
Shrewsbury,
New Jersey
| $787K | +$783K | +71,000 | New |
|
|
CM
7
Crystalline Management
Montreal, Quebec,
Canada
| $556K | – | – | – |
|
|
CS
8
Clear Street
New York
| $254K | +$97.6K | +8,843 | +63% |
|
|
MSU
9
Mizuho Securities USA
New York
| – | -$1.69M | -157,240 | Closed |
|
|
10
JP Morgan Chase
New York
| – | -$773K | -71,037 | Closed |
|
|
WCMNY
11
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$291K | -26,784 | Closed |
|
CNGL Hedge Fund Activity: Q1 2024 in Review
8 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Canna-Global Acquisition Corp. Class A Common Stock (CNGL) for Q1 2024, worth a combined $10.1M — down 0.77% from $10.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CNGL and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $1.73M. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $1.69M sold.
- 8 institutional investors held Canna-Global Acquisition Corp. Class A Common Stock (CNGL) as of Q1 2024, down from 9 in Q4 2023.
- Funds reported $10.1M of Canna-Global Acquisition Corp. Class A Common Stock stock for Q1 2024, down 0.77% quarter-over-quarter.
- 2 funds opened new Canna-Global Acquisition Corp. Class A Common Stock positions in Q1 2024 and 3 closed out, a net change of -1 holder.
- The largest Canna-Global Acquisition Corp. Class A Common Stock buyer in Q1 2024 was Hudson Bay Capital Management, an estimated $1.73M added.
- The largest Canna-Global Acquisition Corp. Class A Common Stock seller in Q1 2024 was Mizuho Securities USA, an estimated $1.69M sold.
Based on aggregated 13F filings for Q1 2024.