DUET Acquisition Corp. Class A Common Stock
DUET
DUET was delisted on the 21st of November, 2024.
10 hedge funds and large institutions have $12.7M invested in DUET Acquisition Corp. Class A Common Stock in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 14 closing their positions.
37.07% less ownership
Funds ownership: 52.16% → 15.09% (-37%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
55% less funds holding
Funds holding: 22 → 10 (-12)
71% less capital invested
Capital invested by funds: $43.9M → $12.7M (-$31.2M)
86% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$456K |
| 2 |
CS
Clear Street
New York
|
+$34.5K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.83K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$5.49M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$4.36M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.93M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.93M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$2.74M |
DUET Hedge Fund Activity: Q1 2024 in Review
10 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in DUET Acquisition Corp. Class A Common Stock (DUET) for Q1 2024, worth a combined $12.7M — down 71% from $43.9M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of DUET and 2 opened new positions — a net loss of 12 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was K2 Principal Fund, opening a new position worth an estimated $456K. The largest seller was First Trust Capital Management, exiting entirely with an estimated $5.49M sold.
- 10 institutional investors held DUET Acquisition Corp. Class A Common Stock (DUET) as of Q1 2024, down from 22 in Q4 2023.
- Funds reported $12.7M of DUET Acquisition Corp. Class A Common Stock stock for Q1 2024, down 71% quarter-over-quarter.
- 2 funds opened new DUET Acquisition Corp. Class A Common Stock positions in Q1 2024 and 14 closed out, a net change of -12 holders.
- The largest DUET Acquisition Corp. Class A Common Stock buyer in Q1 2024 was K2 Principal Fund, an estimated $456K added.
- The largest DUET Acquisition Corp. Class A Common Stock seller in Q1 2024 was First Trust Capital Management, an estimated $5.49M sold.
Based on aggregated 13F filings for Q1 2024.