Crown PropTech Acquisitions
CPTK
CPTK was delisted on the 9th of February, 2024.
15 hedge funds and large institutions have $40M invested in Crown PropTech Acquisitions in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 66 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
79% less funds holding
Funds holding: 72 → 15 (-57)
84% less capital invested
Capital invested by funds: $243M → $40M (-$203M)
86% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 66
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$4.22M |
| 2 |
BlackRock
New York
|
+$4.03M |
| 3 |
CC
Centiva Capital
New York
|
+$4.03M |
| 4 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$4.03M |
| 5 |
HCM
Highbridge Capital Management
New York
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$13M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$12.7M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$12.5M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$11.2M |
| 5 |
SCM
Saba Capital Management
New York
|
-$10.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
E
76
Ergoteles
New York
| – | -$129K | -12,735 | Closed |
|
77
JP Morgan Chase
New York
| – | -$106K | -10,494 | Closed |
|
|
RFA
78
Resurgent Financial Advisors
Atlanta,
Georgia
| – | -$91.1K | -9,006 | Closed |
|
79
UBS Group
Zurich,
Switzerland
| – | -$11.7K | -1,160 | Closed |
|
|
EC
80
Elequin Capital
New York
| – | -$10.1K | -1,000 | Closed |
|
|
AA
81
Ancora Advisors
Cleveland,
Ohio
| – | -$1K | -100 | Closed |
|
CPTK Hedge Fund Activity: Q1 2023 in Review
15 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Crown PropTech Acquisitions (CPTK) for Q1 2023, worth a combined $40M — down 84% from $243M a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of CPTK and 9 opened new positions — a net loss of 57 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Meteora Capital, opening a new position worth an estimated $4.22M. The largest seller was Aristeia Capital, exiting entirely with an estimated $13M sold.
- 15 institutional investors held Crown PropTech Acquisitions (CPTK) as of Q1 2023, down from 72 in Q4 2022.
- Funds reported $40M of Crown PropTech Acquisitions stock for Q1 2023, down 84% quarter-over-quarter.
- 9 funds opened new Crown PropTech Acquisitions positions in Q1 2023 and 66 closed out, a net change of -57 holders.
- The largest Crown PropTech Acquisitions buyer in Q1 2023 was Meteora Capital, an estimated $4.22M added.
- The largest Crown PropTech Acquisitions seller in Q1 2023 was Aristeia Capital, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2023.