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 $26.2M 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 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
17% more capital invested
Capital invested by funds: $22.3M → $26.2M (+$3.86M)
7% more funds holding
Funds holding: 15 → 16 (+1)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$3.75M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$512K |
| 3 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$348K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.06K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$523K |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$110K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$73.8K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$48.8K |
| 5 |
Millennium Management
New York
|
-$10 |
EQD.U Hedge Fund Activity: Q1 2022 in Review
16 of the 6,341 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 2022, worth a combined $26.2M — up 17% from $22.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new EQD.U positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Longfellow Investment Management, opening a new position worth an estimated $3.75M. The largest seller was Virtu Financial, exiting entirely with an estimated $523K 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 Q1 2022, up from 15 in Q4 2021.
- Funds reported $26.2M 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 2022, up 17% quarter-over-quarter.
- 3 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 2022 and 2 closed out, a net change of +1 holder.
- 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 2022 was Longfellow Investment Management, an estimated $3.75M 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 2022 was Virtu Financial, an estimated $523K sold.
Based on aggregated 13F filings for Q1 2022.