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DECA

Denali Capital Acquisition Corp. Class A Ordinary Shares
DECA

Delisted

DECA was delisted on the 15th of April, 2025.

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32 hedge funds and large institutions have $92.7M invested in Denali Capital Acquisition Corp. Class A Ordinary Shares in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $88.1M → $92.7M (+$4.68M)

0% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 5

6% less funds holding

Funds holding: 34 → 32 (-2)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
32
Holders Change
-2
Holders Change %
-5.88%
% of All Funds
0.51%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
7
Increased
5
Reduced
5
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FTCM
First Trust Capital Management
Illinois
+$6.76M
2
MSU
Mizuho Securities USA
New York
+$4.24M
3
WCMNY
Westchester Capital Management (New York)
New York
+$3.77M
4
KPF
K2 Principal Fund
Ontario, Canada
+$1.63M
5
GCL
Glazer Capital LLC
New York
+$1.44M

Top Sellers

Rank Fund Capital Flow
1
QL
Quarry LP
New York
-$4.39M
2
TCA
Taconic Capital Advisors
New York
-$2.76M
3
PAMP
Polar Asset Management Partners
Ontario, Canada
-$2.71M
4
RL
RPO LLC
Connecticut
-$2.41M
5
OCM
Oaktree Capital Management
California
-$2.41M
Name Holding Trade Value Shares
Change 		Change in
Stake
FTCM
1
First Trust Capital Management
Illinois
$8.21M +$6.76M +623,529 +494%
MSU
2
Mizuho Securities USA
New York
$6.62M +$4.24M +390,833 +176%
PC
3
Periscope Capital
Ontario, Canada
$6.33M – – –
Hudson Bay Capital Management
4
Hudson Bay Capital Management
Connecticut
$5.46M – – –
WAM
5
Wolverine Asset Management
Illinois
$5.3M +$868K +80,079 +20%
ASM
6
ATW SPAC Management
New York
$5.15M – – –
BFM
7
Boothbay Fund Management
New York
$5.15M – – –
WRBC
8
W.R. Berkley Corp
Connecticut
$4.68M -$138K -12,733 -3%
SCM
9
Saba Capital Management
New York
$4.49M – – –
Calamos Advisors
10
Calamos Advisors
Illinois
$3.82M – – –
WCMNY
11
Westchester Capital Management (New York)
New York
$3.8M +$3.77M +348,107 New
CCM
12
Context Capital Management
California
$3.34M – – –
PAMP
13
Polar Asset Management Partners
Ontario, Canada
$3.29M -$2.71M -250,000 -45%
SV
14
Starboard Value
New York
$3.29M – – –
KL
15
KIM LLC
Kansas
$2.71M +$948K +87,500 +55%
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$2.46M – – –
WA
17
Whitebox Advisors
Minnesota
$2.19M – – –
CC
18
Centiva Capital
New York
$2.05M – – –
SCM
19
Shaolin Capital Management
Florida
$1.92M -$1.33M -122,599 -41%
AA
20
AQR Arbitrage
Connecticut
$1.77M – – –
RCM
21
Rivernorth Capital Management
Florida
$1.69M – – –
KPF
22
K2 Principal Fund
Ontario, Canada
$1.65M +$1.63M +150,600 New
KIM
23
Karpus Investment Management
New York
$1.52M -$257K -23,725 -15%
GCL
24
Glazer Capital LLC
New York
$1.46M +$1.44M +133,304 New
SOA
25
Sea Otter Advisors
Florida
$1.25M – – –
1
2

DECA Hedge Fund Activity: Q3 2023 in Review

32 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Denali Capital Acquisition Corp. Class A Ordinary Shares (DECA) for Q3 2023, worth a combined $92.7M — up 5.3% from $88.1M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of DECA and 7 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 5 added.

The largest buyer was First Trust Capital Management, adding an estimated $6.76M. The largest seller was Quarry LP, exiting entirely with an estimated $4.39M sold.

  • 32 institutional investors held Denali Capital Acquisition Corp. Class A Ordinary Shares (DECA) as of Q3 2023, down from 34 in Q2 2023.
  • Funds reported $92.7M of Denali Capital Acquisition Corp. Class A Ordinary Shares stock for Q3 2023, up 5.3% quarter-over-quarter.
  • 7 funds opened new Denali Capital Acquisition Corp. Class A Ordinary Shares positions in Q3 2023 and 9 closed out, a net change of -2 holders.
  • The largest Denali Capital Acquisition Corp. Class A Ordinary Shares buyer in Q3 2023 was First Trust Capital Management, an estimated $6.76M added.
  • The largest Denali Capital Acquisition Corp. Class A Ordinary Shares seller in Q3 2023 was Quarry LP, an estimated $4.39M sold.

Based on aggregated 13F filings for Q3 2023.