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.
2 hedge funds and large institutions have $282K invested in Direct Selling Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of redeemable warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, reducing their positions, and 6 closing their positions.
71% less funds holding
Funds holding: 7 → 2 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
85% less capital invested
Capital invested by funds: $1.93M → $282K (-$1.65M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$22.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.02M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$205K |
| 3 |
Walleye Capital
New York
|
-$168K |
| 4 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$154K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CM
1
Crystalline Management
Montreal, Quebec,
Canada
| $260K | – | – | – |
|
|
CS
2
Clear Street
New York
| $21.7K | +$22.3K | +2,158 | New |
|
|
SFM
3
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$1.02M | -100,000 | Closed |
|
|
WMSA
4
Weiss Multi-Strategy Advisers
New York
| – | -$205K | -20,000 | Closed |
|
|
5
Walleye Capital
New York
| – | -$168K | -16,401 | Closed |
|
|
BCL
6
Bracebridge Capital LLC
Boston,
Massachusetts
| – | -$154K | -15,000 | Closed |
|
|
LCM
7
Landscape Capital Management
Englewood,
New Jersey
| – | -$109K | -10,587 | Closed |
|
8
UBS Group
Zurich,
Switzerland
| – | -$11.3K | -1,135 | Closed |
|
DSAQ.U Hedge Fund Activity: Q1 2023 in Review
2 of the 6,275 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 2023, worth a combined $282K — down 85% from $1.93M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DSAQ.U and 1 opened new positions — a net loss of 5 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Clear Street, opening a new position worth an estimated $22.3K. The largest seller was Spartan Fund Management, exiting entirely with an estimated $1.02M sold.
- 2 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 2023, down from 7 in Q4 2022.
- Funds reported $282K 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 2023, down 85% 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 Q1 2023 and 6 closed out, a net change of -5 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 2023 was Clear Street, an estimated $22.3K 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 2023 was Spartan Fund Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2023.