Constellation Acquisition Corp I Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
CSTA.U
CSTA.U was delisted on the 12th of January, 2024.
27 hedge funds and large institutions have $29.6M invested in Constellation Acquisition Corp I Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 4 closing their positions.
4% less funds holding
Funds holding: 28 → 27 (-1)
8% less capital invested
Capital invested by funds: $32.1M → $29.6M (-$2.53M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$9.56M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$247K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$22.3K |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$7.79K |
| 5 |
Jane Street
New York
|
+$5.24K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.97M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$1.72M |
| 3 |
JP Morgan Chase
New York
|
-$985K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$912K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$859K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
JP Morgan Chase
New York
| – | -$985K | -100,000 | Closed |
|
|
BFM
27
Boothbay Fund Management
New York
| – | -$912K | -92,622 | Closed |
|
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$859K | -87,286 | Closed |
|
|
CCM
29
Condor Capital Management
Martinsville,
New Jersey
| – | -$2K | -220 | Closed |
|
CSTA.U Hedge Fund Activity: Q2 2022 in Review
27 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Constellation Acquisition Corp I Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (CSTA.U) for Q2 2022, worth a combined $29.6M — down 7.9% from $32.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CSTA.U and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 3 added.
The largest buyer was HGC Investment Management, adding an estimated $9.56M. The largest seller was Magnetar Financial, cutting an estimated $1.97M.
- 27 institutional investors held Constellation Acquisition Corp I Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (CSTA.U) as of Q2 2022, down from 28 in Q1 2022.
- Funds reported $29.6M of Constellation Acquisition Corp I Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q2 2022, down 7.9% quarter-over-quarter.
- 3 funds opened new Constellation Acquisition Corp I Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q2 2022 and 4 closed out, a net change of -1 holder.
- The largest Constellation Acquisition Corp I Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q2 2022 was HGC Investment Management, an estimated $9.56M added.
- The largest Constellation Acquisition Corp I Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q2 2022 was Magnetar Financial, an estimated $1.97M sold.
Based on aggregated 13F filings for Q2 2022.