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.
26 hedge funds and large institutions have $43.2M invested in Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 12 reducing their positions, and 39 closing their positions.
57% less funds holding
Funds holding: 61 → 26 (-35)
78% less capital invested
Capital invested by funds: $192M → $43.2M (-$149M)
87% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 39
92% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$495K |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$253K |
| 3 |
State Street
Boston,
Massachusetts
|
+$185K |
| 4 |
VF
Virtu Financial
New York
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$10.1M |
| 2 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$10.1M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.1M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$10.1M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$9.58M |
DSAQ.U Hedge Fund Activity: Q4 2021 in Review
26 of the 6,498 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 Q4 2021, worth a combined $43.2M — down 78% from $192M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of DSAQ.U and 5 opened new positions — a net loss of 34 holders — while 12 trimmed existing stakes and 1 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $495K. The largest seller was Citadel Advisors, exiting entirely with an estimated $10.1M sold.
- 26 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 Q4 2021, down from 61 in Q3 2021.
- Funds reported $43.2M of Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant stock for Q4 2021, down 78% quarter-over-quarter.
- 5 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 Q4 2021 and 39 closed out, a net change of -34 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 Q4 2021 was Cubist Systematic Strategies, an estimated $495K 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 Q4 2021 was Citadel Advisors, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2021.