DTRT Health Acquisition Corp. Class A Common Stock
DTRT
DTRT was delisted on the 1st of February, 2023.
17 hedge funds and large institutions have $30.3M invested in DTRT Health Acquisition Corp. Class A Common Stock in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 47 closing their positions.
71% less funds holding
Funds holding: 58 → 17 (-41)
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
86% less capital invested
Capital invested by funds: $211M → $30.3M (-$181M)
87% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$5.47M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
+$3.3M |
| 3 |
CAC
Cowen and Company
New York
|
+$2.3M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$1.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$17.4M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$14.3M |
| 3 |
LA
Linden Advisors
New York
|
-$10.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$10.8M |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$10.2M |
DTRT Hedge Fund Activity: Q4 2022 in Review
17 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in DTRT Health Acquisition Corp. Class A Common Stock (DTRT) for Q4 2022, worth a combined $30.3M — down 86% from $211M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of DTRT and 6 opened new positions — a net loss of 41 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was Meteora Capital, opening a new position worth an estimated $5.47M. The largest seller was Saba Capital Management, exiting entirely with an estimated $17.4M sold.
- 17 institutional investors held DTRT Health Acquisition Corp. Class A Common Stock (DTRT) as of Q4 2022, down from 58 in Q3 2022.
- Funds reported $30.3M of DTRT Health Acquisition Corp. Class A Common Stock stock for Q4 2022, down 86% quarter-over-quarter.
- 6 funds opened new DTRT Health Acquisition Corp. Class A Common Stock positions in Q4 2022 and 47 closed out, a net change of -41 holders.
- The largest DTRT Health Acquisition Corp. Class A Common Stock buyer in Q4 2022 was Meteora Capital, an estimated $5.47M added.
- The largest DTRT Health Acquisition Corp. Class A Common Stock seller in Q4 2022 was Saba Capital Management, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2022.