Macondray Capital Acquisition Corp. I Unit
DRAYU
DRAYU was delisted on the 6th of January, 2023.
25 hedge funds and large institutions have $80.1M invested in Macondray Capital Acquisition Corp. I Unit in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 16 closing their positions.
34% less funds holding
Funds holding: 38 → 25 (-13)
42% less capital invested
Capital invested by funds: $138M → $80.1M (-$57.4M)
75% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 16
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$862K |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$200K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.99K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$10.5M |
| 2 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$8.98M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$7.81M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$7.49M |
| 5 |
KC
Kepos Capital
New York
|
-$5.24M |
DRAYU Hedge Fund Activity: Q4 2021 in Review
25 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Macondray Capital Acquisition Corp. I Unit (DRAYU) for Q4 2021, worth a combined $80.1M — down 42% from $138M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of DRAYU and 4 opened new positions — a net loss of 12 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $862K. The largest seller was Periscope Capital, exiting entirely with an estimated $10.5M sold.
- 25 institutional investors held Macondray Capital Acquisition Corp. I Unit (DRAYU) as of Q4 2021, down from 38 in Q3 2021.
- Funds reported $80.1M of Macondray Capital Acquisition Corp. I Unit stock for Q4 2021, down 42% quarter-over-quarter.
- 4 funds opened new Macondray Capital Acquisition Corp. I Unit positions in Q4 2021 and 16 closed out, a net change of -12 holders.
- The largest Macondray Capital Acquisition Corp. I Unit buyer in Q4 2021 was Cubist Systematic Strategies, an estimated $862K added.
- The largest Macondray Capital Acquisition Corp. I Unit seller in Q4 2021 was Periscope Capital, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2021.