Currenc Group
CURR
22 hedge funds and large institutions have $74.6M invested in Currenc Group in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 7 closing their positions.
8% less funds holding
Funds holding: 24 → 22 (-2)
20% less capital invested
Capital invested by funds: $92.7M → $74.6M (-$18.1M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$4.73M |
| 2 |
KL
KIM LLC
Wichita,
Kansas
|
+$3.79M |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$1.74M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.64M |
| 5 |
CAC
Cowen and Company
New York
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Taconic Capital Advisors
New York
|
-$8.81M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$6.28M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$4.31M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$2.91M |
| 5 |
SCM
Saba Capital Management
New York
|
-$2.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SOA
26
Sea Otter Advisors
Miami,
Florida
| – | -$1.31M | -121,372 | Closed |
|
|
PCM
27
Prelude Capital Management
New York
| – | -$536K | -49,715 | Closed |
|
28
Goldman Sachs
New York
| – | -$467K | -43,287 | Closed |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$10.7K | -988 | Closed |
|
CURR Hedge Fund Activity: Q3 2023 in Review
22 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Currenc Group (CURR) for Q3 2023, worth a combined $74.6M — down 20% from $92.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CURR and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Shaolin Capital Management, opening a new position worth an estimated $4.73M. The largest seller was Taconic Capital Advisors, cutting an estimated $8.81M.
- 22 institutional investors held Currenc Group (CURR) as of Q3 2023, down from 24 in Q2 2023.
- Funds reported $74.6M of Currenc Group stock for Q3 2023, down 20% quarter-over-quarter.
- 5 funds opened new Currenc Group positions in Q3 2023 and 7 closed out, a net change of -2 holders.
- The largest Currenc Group buyer in Q3 2023 was Shaolin Capital Management, an estimated $4.73M added.
- The largest Currenc Group seller in Q3 2023 was Taconic Capital Advisors, an estimated $8.81M sold.
Based on aggregated 13F filings for Q3 2023.