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.
18 hedge funds and large institutions have $20.7M 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 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
13% more funds holding
Funds holding: 16 → 18 (+2)
21% less capital invested
Capital invested by funds: $26.2M → $20.7M (-$5.45M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$646K |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$568K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$250K |
| 4 |
VF
Virtu Financial
New York
|
+$139K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$3.16M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$1.56M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.23M |
| 4 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$343K |
| 5 |
TAL
TIG Advisors LLC
New York
|
-$288K |
EQD.U Hedge Fund Activity: Q2 2022 in Review
18 of the 5,959 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 Q2 2022, worth a combined $20.7M — down 21% from $26.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new EQD.U positions and 4 closed out — a net gain of 2 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Sandia Investment Management, adding an estimated $646K. The largest seller was Longfellow Investment Management, cutting an estimated $3.16M.
- 18 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 Q2 2022, up from 16 in Q1 2022.
- Funds reported $20.7M 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 Q2 2022, down 21% quarter-over-quarter.
- 6 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 Q2 2022 and 4 closed out, a net change of +2 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 Q2 2022 was Sandia Investment Management, an estimated $646K 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 Q2 2022 was Longfellow Investment Management, an estimated $3.16M sold.
Based on aggregated 13F filings for Q2 2022.