Embrace Change Acquisition Corp
EMCG
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, 4 reducing their positions, and 13 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
5.86% more ownership
Funds ownership: 63.75% → 69.61% (+5.9%)
6% less capital invested
Capital invested by funds: $65.3M → $61.1M (-$4.23M)
19% less funds holding
Funds holding: 31 → 25 (-6)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$3.77M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$2.51M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.27M |
| 4 |
QL
Quarry LP
New York
|
+$2.15M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASM
ATW SPAC Management
New York
|
-$3.67M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$3.67M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$2.59M |
| 4 |
SOA
Sea Otter Advisors
Miami,
Florida
|
-$2.28M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.21M |
EMCG Hedge Fund Activity: Q3 2023 in Review
25 of the 6,310 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 6.5% from $65.3M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EMCG and 7 opened new positions — a net loss of 6 holders — while 4 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 6.5% 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.