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.
7 hedge funds and large institutions have $1.93M 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 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 5 closing their positions.
36% less funds holding
Funds holding: 11 → 7 (-4)
75% less capital invested
Capital invested by funds: $7.84M → $1.93M (-$5.92M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$2.97M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$2.03M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$1.01M |
| 4 |
CS
Clear Street
New York
|
-$124K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
1
Spartan Fund Management
Toronto, Ontario,
Canada
| $1.02M | – | – | – |
|
|
CM
2
Crystalline Management
Montreal, Quebec,
Canada
| $256K | +$255K | +25,000 | New |
|
|
WMSA
3
Weiss Multi-Strategy Advisers
New York
| $205K | – | – | – |
|
4
Walleye Capital
New York
| $168K | – | – | – |
|
|
BCL
5
Bracebridge Capital LLC
Boston,
Massachusetts
| $154K | – | – | – |
|
|
LCM
6
Landscape Capital Management
Englewood,
New Jersey
| $109K | – | – | – |
|
7
UBS Group
Zurich,
Switzerland
| $11.3K | – | – | – |
|
|
HIM
8
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$2.97M | -293,100 | Closed |
|
|
CCA
9
Castle Creek Arbitrage
Avon,
Colorado
| – | -$2.03M | -200,000 | Closed |
|
|
WCMNY
10
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$1.01M | -100,000 | Closed |
|
|
CS
11
Clear Street
New York
| – | -$124K | -12,240 | Closed |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| – | -$59K | -5,867 | Closed |
|
DSAQ.U Hedge Fund Activity: Q4 2022 in Review
7 of the 6,221 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 2022, worth a combined $1.93M — down 75% from $7.84M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DSAQ.U and 1 opened new positions — a net loss of 4 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was HGC Investment Management, exiting entirely with an estimated $2.97M sold.
- 7 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 2022, down from 11 in Q3 2022.
- Funds reported $1.93M 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 2022, down 75% 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 Q4 2022 and 5 closed out, a net change of -4 holders.
- 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 2022 was HGC Investment Management, an estimated $2.97M sold.
Based on aggregated 13F filings for Q4 2022.