Direct Selling Acquisition Corp.
DSAQ
DSAQ was delisted on the 29th of April, 2024.
28 hedge funds and large institutions have $59.2M invested in Direct Selling Acquisition Corp. in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
4% more funds holding
Funds holding: 27 → 28 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $59.3M → $59.2M (-$34.1K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$10.5M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$617K |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$280K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$219K |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$2.13M |
| 2 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$364K |
| 3 |
CAC
Cowen and Company
New York
|
-$146K |
DSAQ Hedge Fund Activity: Q3 2023 in Review
28 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Direct Selling Acquisition Corp. (DSAQ) for Q3 2023, worth a combined $59.2M — down 0.06% from $59.3M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new DSAQ positions and 1 closed out — a net gain of 1 holder — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Sandia Investment Management, opening a new position worth an estimated $10.5M. The largest seller was Spartan Fund Management, exiting entirely with an estimated $2.13M sold.
- 28 institutional investors held Direct Selling Acquisition Corp. (DSAQ) as of Q3 2023, up from 27 in Q2 2023.
- Funds reported $59.2M of Direct Selling Acquisition Corp. stock for Q3 2023, down 0.06% quarter-over-quarter.
- 2 funds opened new Direct Selling Acquisition Corp. positions in Q3 2023 and 1 closed out, a net change of +1 holder.
- The largest Direct Selling Acquisition Corp. buyer in Q3 2023 was Sandia Investment Management, an estimated $10.5M added.
- The largest Direct Selling Acquisition Corp. seller in Q3 2023 was Spartan Fund Management, an estimated $2.13M sold.
Based on aggregated 13F filings for Q3 2023.