Edify Acquisition Corp. Class A Common Stock
EAC
EAC was delisted on the 11th of March, 2024.
12 hedge funds and large institutions have $8.57M invested in Edify Acquisition Corp. Class A Common Stock in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 3 closing their positions.
14% less funds holding
Funds holding: 14 → 12 (-2)
45% less capital invested
Capital invested by funds: $15.5M → $8.57M (-$6.89M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$227K |
| 2 |
CCM
CAAS Capital Management
New York
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
-$5.29M |
| 2 |
CS
Clear Street
New York
|
-$820K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$593K |
| 4 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$562K |
| 5 |
VF
Virtu Financial
New York
|
-$126K |
EAC Hedge Fund Activity: Q3 2023 in Review
12 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Edify Acquisition Corp. Class A Common Stock (EAC) for Q3 2023, worth a combined $8.57M — down 45% from $15.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of EAC and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Sculptor Capital, opening a new position worth an estimated $227K. The largest seller was Bracebridge Capital LLC, exiting entirely with an estimated $5.29M sold.
- 12 institutional investors held Edify Acquisition Corp. Class A Common Stock (EAC) as of Q3 2023, down from 14 in Q2 2023.
- Funds reported $8.57M of Edify Acquisition Corp. Class A Common Stock stock for Q3 2023, down 45% quarter-over-quarter.
- 1 fund opened new Edify Acquisition Corp. Class A Common Stock positions in Q3 2023 and 3 closed out, a net change of -2 holders.
- The largest Edify Acquisition Corp. Class A Common Stock buyer in Q3 2023 was Sculptor Capital, an estimated $227K added.
- The largest Edify Acquisition Corp. Class A Common Stock seller in Q3 2023 was Bracebridge Capital LLC, an estimated $5.29M sold.
Based on aggregated 13F filings for Q3 2023.