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.
11 hedge funds and large institutions have $7.84M 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 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
15% less funds holding
Funds holding: 13 → 11 (-2)
27% less capital invested
Capital invested by funds: $10.8M → $7.84M (-$2.94M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.97M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$116K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$25.3K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$3.54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
1
HGC Investment Management
Toronto,
Ontario, Canada
| $2.97M | -$2.97M | -293,100 | -50% |
|
|
CCA
2
Castle Creek Arbitrage
Avon,
Colorado
| $2.03M | – | – | – |
|
|
SFM
3
Spartan Fund Management
Toronto, Ontario,
Canada
| $1.01M | – | – | – |
|
|
WCMNY
4
Westchester Capital Management (New York)
Valhalla,
New York
| $1.01M | – | – | – |
|
|
WMSA
5
Weiss Multi-Strategy Advisers
New York
| $203K | – | – | – |
|
6
Walleye Capital
New York
| $166K | – | – | – |
|
|
BCL
7
Bracebridge Capital LLC
Boston,
Massachusetts
| $152K | – | – | – |
|
|
CS
8
Clear Street
New York
| $124K | +$117K | +11,540 | +1,649% |
|
|
LCM
9
Landscape Capital Management
Englewood,
New Jersey
| $107K | – | – | – |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| $59K | -$25.3K | -2,500 | -30% |
|
11
UBS Group
Zurich,
Switzerland
| $11K | – | – | – |
|
|
MF
12
Magnetar Financial
Evanston,
Illinois
| – | -$3.54K | -353,960 | Closed |
|
|
CSS
13
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$116K | -11,467 | Closed |
|
DSAQ.U Hedge Fund Activity: Q3 2022 in Review
11 of the 5,805 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 Q3 2022, worth a combined $7.84M — down 27% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DSAQ.U and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $117K. The largest seller was HGC Investment Management, cutting an estimated $2.97M.
- 11 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 Q3 2022, down from 13 in Q2 2022.
- Funds reported $7.84M of Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant stock for Q3 2022, down 27% quarter-over-quarter.
- 0 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 Q3 2022 and 2 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 Q3 2022 was Clear Street, an estimated $117K 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 Q3 2022 was HGC Investment Management, an estimated $2.97M sold.
Based on aggregated 13F filings for Q3 2022.