Denali Capital Acquisition Corp. Class A Ordinary Shares
DECA
DECA was delisted on the 15th of April, 2025.
16 hedge funds and large institutions have $25.7M invested in Denali Capital Acquisition Corp. Class A Ordinary Shares in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 19 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
50% less funds holding
Funds holding: 32 → 16 (-16)
72% less capital invested
Capital invested by funds: $92.7M → $25.7M (-$67.1M)
84% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 19
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Cohanzick Management
Pleasantville,
New York
|
+$2.08M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$1.95M |
| 3 |
QL
Quarry LP
New York
|
+$1.26M |
| 4 |
CS
Clear Street
New York
|
+$297K |
| 5 |
State Street
Boston,
Massachusetts
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$8.21M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$6.62M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5.46M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.3M |
| 5 |
ASM
ATW SPAC Management
New York
|
-$5.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SV
26
Starboard Value
New York
| – | -$3.29M | -300,000 | Closed |
|
27
D.E. Shaw & Co
New York
| – | -$2.46M | -225,000 | Closed |
|
|
WA
28
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$2.19M | -200,000 | Closed |
|
|
SCM
29
Shaolin Capital Management
Miami,
Florida
| – | -$1.92M | -175,000 | Closed |
|
|
RCM
30
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.69M | -154,800 | Closed |
|
|
KPF
31
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$1.65M | -150,600 | Closed |
|
|
SOA
32
Sea Otter Advisors
Miami,
Florida
| – | -$1.25M | -113,958 | Closed |
|
|
MC
33
Meteora Capital
Boca Raton,
Florida
| – | -$1.24M | -113,617 | Closed |
|
|
LCM
34
Lynwood Capital Management
Toronto,
Ontario, Canada
| – | -$438K | -40,000 | Closed |
|
|
CAC
35
Cowen and Company
New York
| – | -$304K | -27,793 | Closed |
|
DECA Hedge Fund Activity: Q4 2023 in Review
16 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Denali Capital Acquisition Corp. Class A Ordinary Shares (DECA) for Q4 2023, worth a combined $25.7M — down 72% from $92.7M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of DECA and 3 opened new positions — a net loss of 16 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Cohanzick Management, opening a new position worth an estimated $2.08M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $8.21M sold.
- 16 institutional investors held Denali Capital Acquisition Corp. Class A Ordinary Shares (DECA) as of Q4 2023, down from 32 in Q3 2023.
- Funds reported $25.7M of Denali Capital Acquisition Corp. Class A Ordinary Shares stock for Q4 2023, down 72% quarter-over-quarter.
- 3 funds opened new Denali Capital Acquisition Corp. Class A Ordinary Shares positions in Q4 2023 and 19 closed out, a net change of -16 holders.
- The largest Denali Capital Acquisition Corp. Class A Ordinary Shares buyer in Q4 2023 was Cohanzick Management, an estimated $2.08M added.
- The largest Denali Capital Acquisition Corp. Class A Ordinary Shares seller in Q4 2023 was First Trust Capital Management, an estimated $8.21M sold.
Based on aggregated 13F filings for Q4 2023.