Direct Selling Acquisition Corp.
DSAQ
DSAQ was delisted on the 29th of April, 2024.
28 hedge funds and large institutions have $58.3M invested in Direct Selling Acquisition Corp. in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 6 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0% more funds holding
Funds holding: 28 → 28 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
1% less capital invested
Capital invested by funds: $59.2M → $58.3M (-$876K)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSI
Flow State Investments
Chicago,
Illinois
|
+$2.72M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$2.72M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$2.47M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$2.46M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$5.29M |
| 2 |
AC
Antara Capital
New York
|
-$5.17M |
| 3 |
D.E. Shaw & Co
New York
|
-$2.45M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.76M |
| 5 |
CAC
Cowen and Company
New York
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
26
Cubist Systematic Strategies
Stamford,
Connecticut
| $421K | +$501 | +46 | +0.1% |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $341K | – | – | – |
|
|
SSA
28
Schonfeld Strategic Advisors
New York
| $214K | – | – | – |
|
|
SIM
29
Sandia Investment Management
Boston,
Massachusetts
| – | -$19.6K | -978,705 | Closed |
|
|
FTCM
30
Fir Tree Capital Management
New York
| – | -$5.29M | -488,178 | Closed |
|
|
AC
31
Antara Capital
New York
| – | -$5.17M | -477,500 | Closed |
|
|
32
D.E. Shaw & Co
New York
| – | -$2.45M | -226,000 | Closed |
|
|
CS
33
Clear Street
New York
| – | -$22 | -2 | Closed |
|
34
UBS Group
Zurich,
Switzerland
| – | -$11 | -1 | Closed |
|
DSAQ Hedge Fund Activity: Q4 2023 in Review
28 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Direct Selling Acquisition Corp. (DSAQ) for Q4 2023, worth a combined $58.3M — down 1.5% from $59.2M a quarter earlier.
Fund positioning in DSAQ was balanced in Q4 2023: 6 funds opened new positions, 6 closed out, 6 added to existing stakes and 5 trimmed.
The largest buyer was Flow State Investments, opening a new position worth an estimated $2.72M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $5.29M sold.
- 28 institutional investors held Direct Selling Acquisition Corp. (DSAQ) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $58.3M of Direct Selling Acquisition Corp. stock for Q4 2023, down 1.5% quarter-over-quarter.
- 6 funds opened new Direct Selling Acquisition Corp. positions in Q4 2023 and 6 closed out, a net change of 0 holders.
- The largest Direct Selling Acquisition Corp. buyer in Q4 2023 was Flow State Investments, an estimated $2.72M added.
- The largest Direct Selling Acquisition Corp. seller in Q4 2023 was Fir Tree Capital Management, an estimated $5.29M sold.
Based on aggregated 13F filings for Q4 2023.