Constellation Acquisition Corp I
CSTA
CSTA was delisted on the 12th of January, 2024.
21 hedge funds and large institutions have $40.6M invested in Constellation Acquisition Corp I in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 12 reducing their positions, and 56 closing their positions.
71% less funds holding
Funds holding: 73 → 21 (-52)
83% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 12
86% less capital invested
Capital invested by funds: $299M → $40.6M (-$259M)
91% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 56
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$3.73M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.51M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.44M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$1.5M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$26.4M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$17.7M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$14.3M |
| 4 |
SCM
Saba Capital Management
New York
|
-$13.4M |
| 5 |
Millennium Management
New York
|
-$10.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFCM
76
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$75.4K | -7,459 | Closed |
|
77
UBS Group
Zurich,
Switzerland
| – | -$9.74K | -963 | Closed |
|
CSTA Hedge Fund Activity: Q1 2023 in Review
21 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Constellation Acquisition Corp I (CSTA) for Q1 2023, worth a combined $40.6M — down 86% from $299M a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of CSTA and 5 opened new positions — a net loss of 51 holders — while 12 trimmed existing stakes and 2 added.
The largest buyer was Owl Creek Asset Management, adding an estimated $3.73M. The largest seller was Glazer Capital LLC, cutting an estimated $26.4M.
- 21 institutional investors held Constellation Acquisition Corp I (CSTA) as of Q1 2023, down from 73 in Q4 2022.
- Funds reported $40.6M of Constellation Acquisition Corp I stock for Q1 2023, down 86% quarter-over-quarter.
- 5 funds opened new Constellation Acquisition Corp I positions in Q1 2023 and 56 closed out, a net change of -51 holders.
- The largest Constellation Acquisition Corp I buyer in Q1 2023 was Owl Creek Asset Management, an estimated $3.73M added.
- The largest Constellation Acquisition Corp I seller in Q1 2023 was Glazer Capital LLC, an estimated $26.4M sold.
Based on aggregated 13F filings for Q1 2023.