Direct Selling Acquisition Corp.
DSAQ
DSAQ was delisted on the 29th of April, 2024.
54 hedge funds and large institutions have $204M invested in Direct Selling Acquisition Corp. in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 7 closing their positions.
2% more capital invested
Capital invested by funds: $201M → $204M (+$3.06M)
7% less funds holding
Funds holding: 58 → 54 (-4)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
+$8.25M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$3.45M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.31M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$243K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kryger Capital
London,
United Kingdom
|
-$4.71M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$3.03M |
| 3 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$2.25M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$1.15M |
| 5 |
PCM
Pinz Capital Management
New York
|
-$976K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
51
Landscape Capital Management
Englewood,
New Jersey
| $186K | +$185K | +18,317 | New |
|
52
State Street
Boston,
Massachusetts
| $161K | +$36.3K | +3,600 | +29% |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| $10.6K | – | – | – |
|
|
EC
54
Elequin Capital
New York
| $10K | +$10.1K | +1,000 | New |
|
|
KC
55
Kryger Capital
London,
United Kingdom
| – | -$4.71M | -469,816 | Closed |
|
|
ECU
56
Eisler Capital (UK)
London,
United Kingdom
| – | -$2.25M | -224,768 | Closed |
|
|
CSS
57
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$1.15M | -114,360 | Closed |
|
|
PCM
58
Pinz Capital Management
New York
| – | -$976K | -97,359 | Closed |
|
59
Goldman Sachs
New York
| – | -$606K | -60,431 | Closed |
|
|
AA
60
Ancora Advisors
Cleveland,
Ohio
| – | -$258K | -25,700 | Closed |
|
61
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$27K | -2,708 | Closed |
|
DSAQ Hedge Fund Activity: Q3 2022 in Review
54 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Direct Selling Acquisition Corp. (DSAQ) for Q3 2022, worth a combined $204M — up 1.5% from $201M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DSAQ and 3 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Highbridge Capital Management, adding an estimated $8.25M. The largest seller was Kryger Capital, exiting entirely with an estimated $4.71M sold.
- 54 institutional investors held Direct Selling Acquisition Corp. (DSAQ) as of Q3 2022, down from 58 in Q2 2022.
- Funds reported $204M of Direct Selling Acquisition Corp. stock for Q3 2022, up 1.5% quarter-over-quarter.
- 3 funds opened new Direct Selling Acquisition Corp. positions in Q3 2022 and 7 closed out, a net change of -4 holders.
- The largest Direct Selling Acquisition Corp. buyer in Q3 2022 was Highbridge Capital Management, an estimated $8.25M added.
- The largest Direct Selling Acquisition Corp. seller in Q3 2022 was Kryger Capital, an estimated $4.71M sold.
Based on aggregated 13F filings for Q3 2022.