Edify Acquisition Corp. Class A Common Stock
EAC
EAC was delisted on the 11th of March, 2024.
68 hedge funds and large institutions have $249M invested in Edify Acquisition Corp. Class A Common Stock in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 4 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
7% more capital invested
Capital invested by funds: $233M → $249M (+$15.9M)
6% more funds holding
Funds holding: 64 → 68 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$12.9M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$4.93M |
| 3 |
SCM
Saba Capital Management
New York
|
+$3.28M |
| 4 |
D.E. Shaw & Co
New York
|
+$2.47M |
| 5 |
KL
KIM LLC
Wichita,
Kansas
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$12.7M |
| 2 |
ClearBridge Investments
New York
|
-$2.45M |
| 3 |
Goldman Sachs
New York
|
-$2.01M |
| 4 |
CM
Crestline Management
Fort Worth,
Texas
|
-$706K |
| 5 |
TCM
Tegean Capital Management
New York
|
-$476K |
EAC Hedge Fund Activity: Q3 2022 in Review
68 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Edify Acquisition Corp. Class A Common Stock (EAC) for Q3 2022, worth a combined $249M — up 6.8% from $233M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EAC positions and 4 closed out — a net gain of 4 holders — while 17 added to existing stakes and 7 trimmed.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $12.9M. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $12.7M sold.
- 68 institutional investors held Edify Acquisition Corp. Class A Common Stock (EAC) as of Q3 2022, up from 64 in Q2 2022.
- Funds reported $249M of Edify Acquisition Corp. Class A Common Stock stock for Q3 2022, up 6.8% quarter-over-quarter.
- 8 funds opened new Edify Acquisition Corp. Class A Common Stock positions in Q3 2022 and 4 closed out, a net change of +4 holders.
- The largest Edify Acquisition Corp. Class A Common Stock buyer in Q3 2022 was BNP Paribas Financial Markets, an estimated $12.9M added.
- The largest Edify Acquisition Corp. Class A Common Stock seller in Q3 2022 was Shaolin Capital Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q3 2022.