Direct Selling Acquisition Corp.
DSAQ
DSAQ was delisted on the 29th of April, 2024.
27 hedge funds and large institutions have $59.3M invested in Direct Selling Acquisition Corp. in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 26 → 27 (+1)
4% less capital invested
Capital invested by funds: $61.5M → $59.3M (-$2.2M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$3.28M |
| 2 |
D.E. Shaw & Co
New York
|
+$2.38M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.38M |
| 4 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$2.08M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Antara Capital
New York
|
-$5.03M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$3.72M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$3.55M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.15M |
| 5 |
MSU
Mizuho Securities USA
New York
|
-$2.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MP
26
Mangrove Partners
Greenwich,
Connecticut
| $131K | +$129K | +12,280 | New |
|
|
CS
27
Clear Street
New York
| $21 | +$21 | +2 | New |
|
|
BFM
28
Boothbay Fund Management
New York
| – | -$3.55M | -338,042 | Closed |
|
|
29
Balyasny Asset Management
Chicago,
Illinois
| – | -$3.15M | -300,000 | Closed |
|
|
RCM
30
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$524K | -50,074 | Closed |
|
31
State Street
Boston,
Massachusetts
| – | -$159K | -15,183 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$13.7K | -1,300 | Closed |
|
DSAQ Hedge Fund Activity: Q2 2023 in Review
27 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direct Selling Acquisition Corp. (DSAQ) for Q2 2023, worth a combined $59.3M — down 3.6% from $61.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DSAQ positions and 5 closed out — a net gain of 1 holder — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Cowen and Company, adding an estimated $3.28M. The largest seller was Antara Capital, cutting an estimated $5.03M.
- 27 institutional investors held Direct Selling Acquisition Corp. (DSAQ) as of Q2 2023, up from 26 in Q1 2023.
- Funds reported $59.3M of Direct Selling Acquisition Corp. stock for Q2 2023, down 3.6% quarter-over-quarter.
- 6 funds opened new Direct Selling Acquisition Corp. positions in Q2 2023 and 5 closed out, a net change of +1 holder.
- The largest Direct Selling Acquisition Corp. buyer in Q2 2023 was Cowen and Company, an estimated $3.28M added.
- The largest Direct Selling Acquisition Corp. seller in Q2 2023 was Antara Capital, an estimated $5.03M sold.
Based on aggregated 13F filings for Q2 2023.