Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant
DSAQ.U
DSAQ.U was delisted on the 23rd of April, 2024.
15 hedge funds and large institutions have $13.9M invested in Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
42% less funds holding
Funds holding: 26 → 15 (-11)
68% less capital invested
Capital invested by funds: $43.2M → $13.9M (-$29.3M)
85% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$62.4K |
| 2 |
CS
Clear Street
New York
|
+$25.1K |
| 3 |
Walleye Capital
New York
|
+$24.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$11.4M |
| 2 |
KC
Kryger Capital
London,
United Kingdom
|
-$5.18M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.55M |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
-$2.83M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
26
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$496K | -48,794 | Closed |
|
|
ECM
27
ExodusPoint Capital Management
New York
| – | -$356K | -35,000 | Closed |
|
28
State Street
Boston,
Massachusetts
| – | -$185K | -18,254 | Closed |
|
DSAQ.U Hedge Fund Activity: Q1 2022 in Review
15 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant (DSAQ.U) for Q1 2022, worth a combined $13.9M — down 68% from $43.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DSAQ.U and 2 opened new positions — a net loss of 11 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $62.4K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $11.4M sold.
- 15 institutional investors held Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant (DSAQ.U) as of Q1 2022, down from 26 in Q4 2021.
- Funds reported $13.9M of Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant stock for Q1 2022, down 68% quarter-over-quarter.
- 2 funds opened new Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant positions in Q1 2022 and 13 closed out, a net change of -11 holders.
- The largest Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant buyer in Q1 2022 was Wolverine Asset Management, an estimated $62.4K added.
- The largest Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant seller in Q1 2022 was Shaolin Capital Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2022.