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EMCG

Embrace Change Acquisition Corp

Delisted

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

25 hedge funds and large institutions have $61.1M invested in Embrace Change Acquisition Corp in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 5

5.85% more ownership

Funds ownership: 63.76%69.61% (+5.9%)

8% less capital invested

Capital invested by funds: $66.1M → $61.1M (-$4.97M)

19% less funds holding

Funds holding: 3125 (-6)

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

Holders
25
Holders Change
-6
Holders Change %
-19.35%
% of All Funds
0.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
7
Reduced
5
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
1
Wolverine Asset Management
Illinois
$4.72M +$1.29M +120,628 +38%
MSU
2
Mizuho Securities USA
New York
$4.68M -$929K -86,853 -17%
WCMNY
3
Westchester Capital Management (New York)
New York
$4.24M +$1.58M +147,341 +60%
KL
4
KIM LLC
Kansas
$3.89M
SCM
5
Shaolin Capital Management
Florida
$3.81M +$3.77M +352,501 New
PAMP
6
Polar Asset Management Partners
Ontario, Canada
$3.51M
RCM
7
Radcliffe Capital Management
Pennsylvania
$3.24M -$359K -33,556 -10%
CCM
8
Context Capital Management
California
$3.2M
GCL
9
Glazer Capital LLC
New York
$3.16M -$23.4K -2,193 -0.7%
FTCM
10
Fir Tree Capital Management
New York
$3.1M +$1.86M +173,851 +152%
Hudson Bay Capital Management
11
Hudson Bay Capital Management
Connecticut
$3.07M
WRBC
12
W.R. Berkley Corp
Connecticut
$2.72M +$2.27M +212,529 +527%
KIM
13
Karpus Investment Management
New York
$2.68M -$6.42K -600 -0.2%
YCM
14
Yakira Capital Management
Connecticut
$2.54M +$2.51M +235,000 New
QL
15
Quarry LP
New York
$2.45M +$2.15M +201,489 +806%
AA
16
AQR Arbitrage
Connecticut
$2.08M
PC
17
Periscope Capital
Ontario, Canada
$1.62M +$11 +1 +0%
AMC
18
Atlas Merchant Capital
New York
$1.55M
SRCM
19
Sage Rock Capital Management
New York
$1.46M +$1.44M +135,000 New
Walleye Capital
20
Walleye Capital
New York
$1.42M +$1.4M +131,200 New
Walleye Trading
21
Walleye Trading
New York
$798K +$789K +73,800 New
SFM
22
Spartan Fund Management
Canada
$756K -$8.01K -749 -1%
KPF
23
K2 Principal Fund
Ontario, Canada
$405K +$402K +37,633 New
TRCT
24
Tower Research Capital (TRC)
New York
$2.75K +$1.69K +158 +163%
UBS Group
25
UBS Group
Switzerland
$689 +$684 +64 New

EMCG Hedge Fund Activity: Q3 2023 in Review

25 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Embrace Change Acquisition Corp (EMCG) for Q3 2023, worth a combined $61.1M — down 7.5% from $66.1M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of EMCG and 7 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 7 added.

The largest buyer was Shaolin Capital Management, opening a new position worth an estimated $3.77M. The largest seller was ATW SPAC Management, exiting entirely with an estimated $3.67M sold.

  • 25 institutional investors held Embrace Change Acquisition Corp (EMCG) as of Q3 2023, down from 31 in Q2 2023.
  • Funds reported $61.1M of Embrace Change Acquisition Corp stock for Q3 2023, down 7.5% quarter-over-quarter.
  • 7 funds opened new Embrace Change Acquisition Corp positions in Q3 2023 and 13 closed out, a net change of -6 holders.
  • The largest Embrace Change Acquisition Corp buyer in Q3 2023 was Shaolin Capital Management, an estimated $3.77M added.
  • The largest Embrace Change Acquisition Corp seller in Q3 2023 was ATW SPAC Management, an estimated $3.67M sold.

Based on aggregated 13F filings for Q3 2023.