Currenc Group
CURR
24 hedge funds and large institutions have $94.6M invested in Currenc Group in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 28 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
47% less funds holding
Funds holding: 45 → 24 (-21)
52% less capital invested
Capital invested by funds: $195M → $94.6M (-$101M)
75% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$8.56M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$4.67M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
+$4.2M |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$4.01M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$12.9M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$10M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$9.32M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$9.08M |
| 5 |
SCM
Saba Capital Management
New York
|
-$8.7M |
CURR Hedge Fund Activity: Q1 2023 in Review
24 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Currenc Group (CURR) for Q1 2023, worth a combined $94.6M — down 52% from $195M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of CURR and 7 opened new positions — a net loss of 21 holders — while 7 trimmed existing stakes and 7 added.
The largest buyer was Wolverine Asset Management, adding an estimated $8.56M. The largest seller was Glazer Capital LLC, cutting an estimated $12.9M.
- 24 institutional investors held Currenc Group (CURR) as of Q1 2023, down from 45 in Q4 2022.
- Funds reported $94.6M of Currenc Group stock for Q1 2023, down 52% quarter-over-quarter.
- 7 funds opened new Currenc Group positions in Q1 2023 and 28 closed out, a net change of -21 holders.
- The largest Currenc Group buyer in Q1 2023 was Wolverine Asset Management, an estimated $8.56M added.
- The largest Currenc Group seller in Q1 2023 was Glazer Capital LLC, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2023.