Equity Distribution Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant
EQD.U
EQD.U was delisted on the 16th of September, 2022.
27 hedge funds and large institutions have $57.4M invested in Equity Distribution Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 14 reducing their positions, and 29 closing their positions.
48% less funds holding
Funds holding: 52 → 27 (-25)
61% less capital invested
Capital invested by funds: $146M → $57.4M (-$88.3M)
79% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 14
86% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 29
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$6.78M |
| 2 |
Morgan Stanley
New York
|
+$543K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$491K |
| 4 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$414K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$271K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$17.7M |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$11.2M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$7.67M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$6.68M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$6.39M |
EQD.U Hedge Fund Activity: Q1 2021 in Review
27 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Equity Distribution Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant (EQD.U) for Q1 2021, worth a combined $57.4M — down 61% from $146M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of EQD.U and 4 opened new positions — a net loss of 25 holders — while 14 trimmed existing stakes and 3 added.
The largest buyer was Longfellow Investment Management, opening a new position worth an estimated $6.78M. The largest seller was Aristeia Capital, exiting entirely with an estimated $17.7M sold.
- 27 institutional investors held Equity Distribution Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant (EQD.U) as of Q1 2021, down from 52 in Q4 2020.
- Funds reported $57.4M of Equity Distribution Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant stock for Q1 2021, down 61% quarter-over-quarter.
- 4 funds opened new Equity Distribution Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant positions in Q1 2021 and 29 closed out, a net change of -25 holders.
- The largest Equity Distribution Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant buyer in Q1 2021 was Longfellow Investment Management, an estimated $6.78M added.
- The largest Equity Distribution Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-third of one redeemable warrant seller in Q1 2021 was Aristeia Capital, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2021.