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.
16 hedge funds and large institutions have $18.7M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 7 closing their positions.
27% less funds holding
Funds holding: 22 → 16 (-6)
48% less capital invested
Capital invested by funds: $36.1M → $18.7M (-$17.5M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$298K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$102K |
| 3 |
KC
KCL Capital
New York
|
+$4.05K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.15K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$13.1M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$7.67M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$4.85M |
| 4 |
Millennium Management
New York
|
-$1.42M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$607K |
EQD.U Hedge Fund Activity: Q3 2021 in Review
16 of the 5,713 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 Q3 2021, worth a combined $18.7M — down 48% from $36.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EQD.U and 1 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Boothbay Fund Management, adding an estimated $298K. The largest seller was Anson Funds Management, exiting entirely with an estimated $13.1M sold.
- 16 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 Q3 2021, down from 22 in Q2 2021.
- Funds reported $18.7M 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 Q3 2021, down 48% quarter-over-quarter.
- 1 fund 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 Q3 2021 and 7 closed out, a net change of -6 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 Q3 2021 was Boothbay Fund Management, an estimated $298K 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 Q3 2021 was Anson Funds Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q3 2021.