Edify Acquisition Corp. Class A Common Stock
EAC
EAC was delisted on the 11th of March, 2024.
15 hedge funds and large institutions have $14.3M invested in Edify Acquisition Corp. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 17 closing their positions.
46% less funds holding
Funds holding: 28 → 15 (-13)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
76% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 17
82% less capital invested
Capital invested by funds: $79M → $14.3M (-$64.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$725K |
| 2 |
GCWM
Graham Capital Wealth Management
Washington D.c.,
District of Columbia
|
+$462K |
| 3 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$103K |
| 4 |
CCM
Connective Capital Management
Palo Alto,
California
|
+$102K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.33K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$22.6M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$6.95M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$5.77M |
| 4 |
Barclays
London,
United Kingdom
|
-$5.3M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$4.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AMC
26
Atlas Merchant Capital
New York
| – | -$1.52M | -150,000 | Closed |
|
|
WRBC
27
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.36M | -135,563 | Closed |
|
|
AIMCA
28
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$1.26M | -124,504 | Closed |
|
|
AFM
29
Anson Funds Management
Dallas,
Texas
| – | -$504K | -50,000 | Closed |
|
|
CM
30
Cohanzick Management
Pleasantville,
New York
| – | -$339K | -33,722 | Closed |
|
31
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$108K | -10,700 | Closed |
|
|
YCM
32
Yakira Capital Management
Westport,
Connecticut
| – | -$101K | -10,000 | Closed |
|
EAC Hedge Fund Activity: Q1 2023 in Review
15 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Edify Acquisition Corp. Class A Common Stock (EAC) for Q1 2023, worth a combined $14.3M — down 82% from $79M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of EAC and 4 opened new positions — a net loss of 13 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, opening a new position worth an estimated $725K. The largest seller was Polar Asset Management Partners, cutting an estimated $22.6M.
- 15 institutional investors held Edify Acquisition Corp. Class A Common Stock (EAC) as of Q1 2023, down from 28 in Q4 2022.
- Funds reported $14.3M of Edify Acquisition Corp. Class A Common Stock stock for Q1 2023, down 82% quarter-over-quarter.
- 4 funds opened new Edify Acquisition Corp. Class A Common Stock positions in Q1 2023 and 17 closed out, a net change of -13 holders.
- The largest Edify Acquisition Corp. Class A Common Stock buyer in Q1 2023 was Clear Street, an estimated $725K added.
- The largest Edify Acquisition Corp. Class A Common Stock seller in Q1 2023 was Polar Asset Management Partners, an estimated $22.6M sold.
Based on aggregated 13F filings for Q1 2023.