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.
13 hedge funds and large institutions have $10.8M 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 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 3 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
13% less funds holding
Funds holding: 15 → 13 (-2)
23% less capital invested
Capital invested by funds: $13.9M → $10.8M (-$3.16M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$2.96M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$116K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$22.1K |
| 4 |
Walleye Capital
New York
|
+$2.02K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$878 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$1.51M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$740K |
| 3 |
VF
Virtu Financial
New York
|
-$103K |
| 4 |
CS
Clear Street
New York
|
-$54.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$8.16K |
DSAQ.U Hedge Fund Activity: Q2 2022 in Review
13 of the 5,936 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 Q2 2022, worth a combined $10.8M — down 23% from $13.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DSAQ.U and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was HGC Investment Management, adding an estimated $2.96M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $1.51M sold.
- 13 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 Q2 2022, down from 15 in Q1 2022.
- Funds reported $10.8M of Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant stock for Q2 2022, down 23% quarter-over-quarter.
- 1 fund 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 Q2 2022 and 3 closed out, a net change of -2 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 Q2 2022 was HGC Investment Management, an estimated $2.96M 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 Q2 2022 was First Trust Capital Management, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2022.