Embrace Change Acquisition Corp
EMCG
EMCG was delisted on the 20th of August, 2025.
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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$1.8M |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$1.25M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.14M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.06M |
| 5 |
CAC
Cowen and Company
New York
|
+$870K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$4.24M |
| 2 |
KL
KIM LLC
Wichita,
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
Westport,
Connecticut
|
-$1.09M |
EMCG Hedge Fund Activity: Q4 2023 in Review
24 of the 6,869 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.