Embrace Change Acquisition Corp
EMCG
EMCG was delisted on the 20th of August, 2025.
31 hedge funds and large institutions have $65.3M invested in Embrace Change Acquisition Corp in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
3% less capital invested
Capital invested by funds: $67.4M → $65.3M (-$2.04M)
3.04% less ownership
Funds ownership: 66.79% → 63.75% (-3%)
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$737K |
| 2 |
CS
Clear Street
New York
|
+$157K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$13.1K |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$4.18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.96M |
| 2 |
ASM
ATW SPAC Management
New York
|
-$296K |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$234K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$166K |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$125K |
EMCG Hedge Fund Activity: Q2 2023 in Review
31 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Embrace Change Acquisition Corp (EMCG) for Q2 2023, worth a combined $65.3M — down 3% from $67.4M a quarter earlier.
Fund positioning in EMCG was balanced in Q2 2023: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 11 trimmed.
The largest buyer was Spartan Fund Management, opening a new position worth an estimated $737K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $2.96M sold.
- 31 institutional investors held Embrace Change Acquisition Corp (EMCG) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $65.3M of Embrace Change Acquisition Corp stock for Q2 2023, down 3% quarter-over-quarter.
- 2 funds opened new Embrace Change Acquisition Corp positions in Q2 2023 and 2 closed out, a net change of 0 holders.
- The largest Embrace Change Acquisition Corp buyer in Q2 2023 was Spartan Fund Management, an estimated $737K added.
- The largest Embrace Change Acquisition Corp seller in Q2 2023 was Shaolin Capital Management, an estimated $2.96M sold.
Based on aggregated 13F filings for Q2 2023.