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EMCG

Embrace Change Acquisition Corp
EMCG

Delisted

EMCG was delisted on the 20th of August, 2025.

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24 hedge funds and large institutions have $54.8M invested in Embrace Change Acquisition Corp in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less funds holding

Funds holding: 25 → 24 (-1)

8.09% less ownership

Funds ownership: 69.61% → 61.52% (-8.1%)

10% less capital invested

Capital invested by funds: $61.1M → $54.8M (-$6.29M)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

29% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 7

Holders
24
Holders Change
-1
Holders Change %
-4%
% of All Funds
0.35%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
3
Increased
5
Reduced
7
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
MSU
Mizuho Securities USA
New York
+$1.8M
2
SIA
Schechter Investment Advisors
Michigan
+$1.25M
3
WRBC
W.R. Berkley Corp
Connecticut
+$1.14M
4
KPF
K2 Principal Fund
Ontario, Canada
+$1.06M
5
CAC
Cowen and Company
New York
+$870K

Top Sellers

1
WCMNY
Westchester Capital Management (New York)
New York
-$4.24M
2
KL
KIM LLC
Kansas
-$3.89M
3
FTCM
Fir Tree Capital Management
New York
-$2.49M
4
SRCM
Sage Rock Capital Management
New York
-$1.46M
5
YCM
Yakira Capital Management
Connecticut
-$1.09M
Name Holding Trade Value Shares
Change 		Change in
Stake
KL
26
KIM LLC
Kansas
– -$3.89M -360,000 Closed
SRCM
27
Sage Rock Capital Management
New York
– -$1.46M -135,000 Closed
UBS Group
28
UBS Group
Switzerland
– -$689 -64 Closed
1
2

EMCG Hedge Fund Activity: Q4 2023 in Review

24 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Embrace Change Acquisition Corp (EMCG) for Q4 2023, worth a combined $54.8M — down 10% from $61.1M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of EMCG and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 5 added.

The largest buyer was Mizuho Securities USA, adding an estimated $1.8M. The largest seller was Westchester Capital Management (New York), exiting entirely with an estimated $4.24M sold.

  • 24 institutional investors held Embrace Change Acquisition Corp (EMCG) as of Q4 2023, down from 25 in Q3 2023.
  • Funds reported $54.8M of Embrace Change Acquisition Corp stock for Q4 2023, down 10% quarter-over-quarter.
  • 3 funds opened new Embrace Change Acquisition Corp positions in Q4 2023 and 4 closed out, a net change of -1 holder.
  • The largest Embrace Change Acquisition Corp buyer in Q4 2023 was Mizuho Securities USA, an estimated $1.8M added.
  • The largest Embrace Change Acquisition Corp seller in Q4 2023 was Westchester Capital Management (New York), an estimated $4.24M sold.

Based on aggregated 13F filings for Q4 2023.