Currenc Group
CURR
16 hedge funds and large institutions have $53.2M invested in Currenc Group in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 9 reducing their positions, and 9 closing their positions.
27% less funds holding
Funds holding: 22 → 16 (-6)
31.96% less ownership
Funds ownership: 94.71% → 62.75% (-32%)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
86% less capital inflows, than outflows
Capital inflows: $4.33M | Capital outflows: $31M
89% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSI
Flow State Investments
Chicago,
Illinois
|
+$2.35M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.37M |
| 3 |
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$576K |
| 4 |
Clear Street
New York
|
+$34K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mizuho Securities USA
New York
|
-$6.14M |
| 2 |
KL
KIM LLC
Wichita,
Kansas
|
-$3.89M |
| 3 |
Saba Capital Management
New York
|
-$3.23M |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
-$3.2M |
| 5 |
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.09M |
CURR Hedge Fund Activity: Q1 2024 in Review
16 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Currenc Group (CURR) for Q1 2024, worth a combined $53.2M — down 32% from $78.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CURR and 3 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 1 added.
The largest buyer was Flow State Investments, opening a new position worth an estimated $2.35M. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $6.14M sold.
- 16 institutional investors held Currenc Group (CURR) as of Q1 2024, down from 22 in Q4 2023.
- Funds reported $53.2M of Currenc Group stock for Q1 2024, down 32% quarter-over-quarter.
- 3 funds opened new Currenc Group positions in Q1 2024 and 9 closed out, a net change of -6 holders.
- The largest Currenc Group buyer in Q1 2024 was Flow State Investments, an estimated $2.35M added.
- The largest Currenc Group seller in Q1 2024 was Mizuho Securities USA, an estimated $6.14M sold.
Based on aggregated 13F filings for Q1 2024.