Macondray Capital Acquisition Corp. I Unit
DRAYU
DRAYU was delisted on the 6th of January, 2023.
17 hedge funds and large institutions have $60.5M invested in Macondray Capital Acquisition Corp. I Unit in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 9 closing their positions.
25% less capital invested
Capital invested by funds: $80.1M → $60.5M (-$19.6M)
32% less funds holding
Funds holding: 25 → 17 (-8)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
+$4.73M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$19.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$478 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$12.5M |
| 2 |
KC
Kryger Capital
London,
United Kingdom
|
-$4.49M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$2.74M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$862K |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$849K |
DRAYU Hedge Fund Activity: Q1 2022 in Review
17 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Macondray Capital Acquisition Corp. I Unit (DRAYU) for Q1 2022, worth a combined $60.5M — down 25% from $80.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DRAYU and 2 opened new positions — a net loss of 7 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Shannon River Fund Management, opening a new position worth an estimated $4.73M. The largest seller was Aristeia Capital, exiting entirely with an estimated $12.5M sold.
- 17 institutional investors held Macondray Capital Acquisition Corp. I Unit (DRAYU) as of Q1 2022, down from 25 in Q4 2021.
- Funds reported $60.5M of Macondray Capital Acquisition Corp. I Unit stock for Q1 2022, down 25% quarter-over-quarter.
- 2 funds opened new Macondray Capital Acquisition Corp. I Unit positions in Q1 2022 and 9 closed out, a net change of -7 holders.
- The largest Macondray Capital Acquisition Corp. I Unit buyer in Q1 2022 was Shannon River Fund Management, an estimated $4.73M added.
- The largest Macondray Capital Acquisition Corp. I Unit seller in Q1 2022 was Aristeia Capital, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2022.